About NBR“Nightly Business Report produced by CNBC” (NBR) is an award-winning and highly-respected nightly business news program that airs on public television. Television’s longest-running evening business news broadcast, “NBR” features in-depth coverage and analysis of the biggest financial news stories of the day and access to some of the world’s top business leaders and policy makers.
- Bitcoin soars above $11,000 for the first time in 15 months — now up 170% for the year
- US secretary of state seeks global coalition in the Middle East against Iran amid rising tensions
- Asia Pacific trade pact can go on without India 'for the time being:' Malaysian PM Mahathir
- Goldman Sachs is offering 'peanuts' to compensate for 1MDB, says Malaysian prime minister
- American Airlines CEO says politics a factor in return of Boeing's 737 Max
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Sterling fell sharply against the dollar on Tuesday after Britain’s Attorney General Geoffrey Cox published his opinion on Prime Minister Theresa May’s recently amended Brexit deal.
The Turkish lira retraced some losses after touching a new record low in Asia’s Monday trade following a recent geopolitics-triggered free fall in the currency. On Monday, the lira last traded around 6.90 against the greenback. It had earlier dropped to a fresh all-time low of 7.24, before paring some losses after moves were taken …
Treasury Secretary Steven Mnuchin tells CNBC his lack of concern about the dollar’s value is limited to the near term.
Steve Liesman reports the dollar was whipsawed on comments by U.S. officials.
The U.S. Embassy in Ankara said it would suspend non-immigrant visa services, in a move Turkey’s D.C. embassy quickly matched.
Mobile pay adoption was by far the biggest change in mainland China since my last visit four years ago.
China’s clampdown on cryptocurrencies has reportedly taken a new direction – to close down local bitcoin exchanges.
Have you lost a ton of money on the stock market this week? Maybe it’s time to invest in counterfeit currency. (That’s not actual investment advice.) With all the talk of bitcoin kidnapping and hackers stealing our credit card information, it’s hard to believe that good old-fashioned counterfeiting is still a problem. And it’s a …
The price of a barrel of oil is at near 6 1/2-year lows this week as concern over China’s plunging shares and the world’s growth has shaken global markets. Oil prices have been softening since the summer of 2014, recovering slightly this year before falling more than 5 percent on Monday. The decline is bad …
China intervened in the foreign exchange markets in final minutes of trading Wednesday to prevent an excessive fall in the value of the yuan, The Wall Street Journal reported Wednesday. China first intervened in the currency markets on Tuesday, when it unveiled a commitment to set the yuan’s daily fixings according to the previous day’s …
China devalues its currency sending shockwaves throughout the global financial system.
Markets are buzzing about the Chinese government’s surprise decision to devalue their currency, known as the yuan, leading to a 2 percent drop in the yuan’s value in Tuesday trading, the largest one-day decline ever. The question is, what does it mean? The markets—all of the markets—supplied some preliminary answers almost immediately. 1. It gives …
A new Asian currency war and a delayed Federal Reserve rate hike; these are the potential market-shaking implications of Beijing’s decision to devalue the yuan, strategists told CNBC. “If they are true to their word today and this is a new regime for the fixed mechanism, we might think about using the word ‘floating’ associated …
The ripple effects from China’s market drama is being felt far and wide. Among the hardest hit: emerging markets currencies. Read More 3 charts explaining the Chinese stock market Currencies in Latin America, Eastern Europe and Asia were already under pressure this year, and China’s meltdown is just the latest trigger for the selling. “The trend …
What’s the ‘Grexit’ strategy of Europe’s common currency? In a now famous 2012 speech that vowed to do whatever it took to put a floor under the single currency, stocks and bonds, European Central Bank president Mario Draghi said that “the euro is irreversible.” Fast forward three years and that pledge is in doubt. After …