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NEW YORK — As Wall Street’s blockbuster rally shows signs of fatigue and gold loses some luster, many are connecting the dots to events 11,000 kilometers away. China’s slowdown is garnering lots of attention in Manhattan boardrooms and trading pits. While Asia’s biggest economy isn’t stumbling, its 4.8% growth rate in the third quarter, the slowest this year, is raising warning flags everywhere. Even bright spots come with asterisks. For now, external demand is keeping China in the orbit of this year’s 5% economic growth target. But amid mounting trade tensions — including a threatened 130% US tariff — it’s…

Apple CEO Tim Cook met with Labubu artist Kasing Lung during a trip to China in Oct. 2025, as pictured here on the iPhone company’s official Xiaohongshu account.ScreenshotThis report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here.The big storyWhile Nvidia’s market share has gone to zero in China due to U.S. restrictions, Apple is seeing local iPhone demand pick up.It’s no small feat for Apple. On top of escalating U.S.-China trade tensions and sluggish consumer spending, the smartphone company faces an onslaught of…

Cast and filmmakers hop on the KPop Demon Hunters-Sing Along Experience at Paris Theater on August 23, 2025 in New York City, U.S.Roy Rochlin | Getty Images Entertainment | Getty Images Netflix’s business leaders and investors probably aren’t enjoying a soda pop after the release of its third-quarter results. While the company’s revenue met expectations — though not beating them as it did the first and second quarters — earnings were taken down by a tax dispute with Brazilian authorities. Shares of Netflix fell around 6% in extended trading Tuesday stateside.But it doesn’t look like any other media company will…

One Churchill Place skyscraper, the Barclays Plc headquarters, at Canary Wharf in London, U.K., on Thursday, Jan. 7, 2021. Bloomberg | Bloomberg | Getty ImagesBritish lender Barclays increased its guidance and announced a £500 million ($667 million) share buyback in its third-quarter earnings on Wednesday.The bank said it now expected to deliver RoTE (Return on Tangible Equity) of greater than 11%, up from around 11%, for the full year. Net interest income (excluding investment banking and head office) guidance was also upgraded to more than £12.6 billion for the year, up from over £12.5 billion.”We have been robustly and consistently generating…

People walk past independent retailers on the Old High Street in Folkestone, UK, on Friday, Oct. 17, 2025. Inflation has surged on food and energy costs this year, with figures forecast to show it hitting 4% in September double the 2% target.Bloomberg | Bloomberg | Getty ImagesAnother interest rate cut from the Bank of England this year looks uncertain after the latest U.K. inflation data came in cooler expected. The annual inflation rate was unchanged in September, coming in at 3.8% for the third month in a row.The data, released by the Office for National Statistics (ONS) Wednesday, shows that…

A pedestrian crosses a flooded street following heavy rainfall in Paris on October 17, 2024.Joel Saget | Afp | Getty ImagesLONDON — European stocks moved into positive territory on Wednesday as quarterly earnings roll in, following a negative start to the session.The pan-European Stoxx 600 edged higher above the flatline on Wednesday, as of 11:13 a.m. in London (6:13 a.m. in ET).The main indexes, however, were choppier. Germany’s DAX was last seen dipping into the red, Italy’s FTSE MIB was down over 0.4%, and France’s CAC 40 saw losses of around 0.2%, each partially paring earlier losses.The U.K.’s FTSE index…

Steve Wozniak, co-founder of the technology company Apple.Thomas Banneyer | Picture Alliance | Getty ImagesA group of prominent figures, including artificial intelligence and technology experts, has called for an end to efforts to create ‘superintelligence’ — a form of AI that would surpass humans on essentially all cognitive tasks. Over 850 people, including tech leaders like Virgin Group founder Richard Branson and Apple cofounder Steve Wozniak, signed a statement published Wednesday calling for a pause in the development of superintelligence. The list of signatories was notably topped by prominent AI pioneers, including the computer scientists Yoshua Bengio and Geoff Hinton, who are widely…

This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here.The dispatchThere was great excitement last week when the most extensive dinosaur trackways ever found in the U.K. were discovered in an Oxfordshire quarry. The footprints, hundreds of them, were made by colossal beasts that roamed the earth 166 million years ago.Squint hard and you can see that corporate Britain, too, still bears traces of lumbering creatures that once dominated the landscape.Unlike in the United States, conglomerates — giant companies owning numerous businesses across different sectors — have more or less died out in…

U.S. President Donald Trump meets with Indian Prime Minister Narendra Modi in the Oval Office of the White House in Washington, DC, on Feb. 13, 2025.Jim Watson | Afp | Getty ImagesThe U.S. could substantially slash tariffs on Indian exports as the two countries near a trade deal that could see New Delhi cutting oil purchases from Russia, Indian media outlet Mint reported Wednesday.As part of the trade deal, Washington could slash tariffs on Indian exports to 15%-16% from the current 50%, Mint reported citing three unnamed sources aware of the matter.India is also considering raising its import quota for…

The extraordinary session of the Diet opened on the morning of October 21, Prime Minister Ishiba Shigeru and his cabinet resigned and the Diet promptly moved to elect the next prime minister. As expected, Takaichi Sanae won comfortably, though it took a second ballot to secure victory in the House of Councillors. She won in the first round in the House of Representatives with 237 votes – she picked up various independents and quasi-independents in addition to the LDP’s 196 votes and Ishin no Kai’s thirty-five votes – and then defeated the Constitutional Democratic Party’s (CDP) Noda Yoshihiko in the second round in the upper…