Cho Tak Wong, the chairman of auto glass giant Fuyao Glass, bought the vacant General Motors manufacturing plant in Moraine, Ohio in 2014. The Washington Post | The Washington Post | Getty Images Chinese investments in the U.S. have dramatically declined since Donald Trump’s first term. This trend is unlikely to reverse as Trump returns…
Nelly has defended his decision to perform at US president Donald Trump’s inauguration ball after a backlash, saying it is “an honour for me to perform for the president of the United States, regardless of who is in office”. The Hot in Herre singer is booked to perform alongside country singer Jason Aldean and the…
Traders work on the New York Stock Exchange (NYSE) floor in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You…
Two of Australia’s richest people, Gina Rinehart and Anthony Pratt, have taken out newspaper ads in the US declaring their unswerving affection for the president-elect, Donald Trump, who will be inaugurated on Monday. Pratt’s full-page ad for Trump in the New York Times. Photograph: X Pratt’s advertisement in Sunday’s New York Times featured a map…
The central bank of the People’s Republic of China is responsible for formulating and implementing monetary policies, preventing and defusing financial risks and maintaining financial stability. Peng Song | Moment | Getty Images China left its benchmark lending rates unchanged Monday, as Beijing contends with a weakening yuan while awaiting policy clues from the incoming…
Getty Images Sandeel is a favourite food of threatened seabirds such as puffins The humble sandeel is set to take centre stage in the first courtroom trade battle between the UK and EU since Brexit. The UK has banned European vessels from catching the silvery fish species in its North Sea waters to protect marine…
Australia’s 47 billionaires take home an average of A$67,000 an hour, over 1,300 times more than the average Australian, new Oxfam analysis reveals, as the anti-poverty organisation calls for the major parties to tax the fortunes of the super-rich to tackle inequality. Using data from Forbes’ real-time billionaires list – which categorises billionaires in US…
Ho Kwon Ping, 72, is the executive chairman of Banyan Group. Bloomberg | Bloomberg | Getty Images Building a business is not for the faint of heart, and many of those who dare to take the chance share one trait: self-confidence. That’s according to hotel tycoon Ho Kwon Ping, 72, the founder and executive chairman…
Watch: Trump promises ‘brand new day’ at pre-inauguration rally Hours before he will be sworn into office, Donald Trump promised to sign a host of executive orders on his first day as president while celebrating at a victory rally. Trump addressed the crowd of thousands of supporters in Washington DC on the eve of his…
Play video content Fox News Donald Trump‘s taking credit for keeping TikTok alive … but, people online aren’t buying it — accusing the 47th POTUS and the social media app of a PR stunt. Here’s the deal … Trump hopped onstage during his victory rally Sunday — one of the many events celebrating his election…
