- China keeps key lending rates steady after May cut as trade deal with U.S. eases growth worriesThe People's Bank of China held the 1-year loan prime rate at 3.0% and 5-year LPR at 3.5%, according to a statement Friday.
- Asia-Pacific markets trade mixed after China keeps benchmark rates steadyThe People's Bank of China expectedly kept its loan rates unchanged at 3.0% for the 1-year loan prime rate and 3.5% for the 5-year LPR.
- China keeps key lending rates steady after May cut as trade deal with U.S. eases growth worriesThe People's Bank of China held the 1-year loan prime rate at 3.0% and 5-year LPR at 3.5%, according to a statement Friday.
- Asia-Pacific markets trade mixed after China keeps benchmark rates steadyThe People's Bank of China expectedly kept its loan rates unchanged at 3.0% for the 1-year loan prime rate and 3.5% for the 5-year LPR.
- CNBC Daily Open: Intensifying Israel-Iran conflict puts investors on shaky groundUntil investors get a clearer sense of whether the U.S. will launch strikes on Iran, markets aren’t likely to find solid ground.
- Labubu-maker's shares slump as Chinese state media calls for stricter regulation, Morgan Stanley trims interestPop Mart, the Chinese toy company behind the recent Labubu craze, saw its shares fall this week after Morgan Stanley removed the stock from a focus list.
- CNBC's Inside India newsletter: Is India's hot IPO market cooling, or is it a blip?Twelve months ago, India's initial public offering market was booming. This year, however, there has been a pronounced change.
- Meta tried to buy Ilya Sutskever's $32 billion AI startup, but is now planning to hire its CEOMeta plans to hire Safe Superintelligence CEO Daniel Gross and former GitHub Nat Friedman to beef up the company's AI team, according to sources.
- Oil prices rise about 3% as Israel vows to intensify attacks on IranOil prices reacted after Prime Minister Benjamin Netanyahu ordered Israel's military to intensify attacks against Iran.
- Samsung aims to catch up to Chinese rivals for thin foldable phones as Apple said to enter the fraySamsung is set to launch its next foldable smarpthone, the Galaxy Fold7, at an event next month.
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