Author: i2wtc
As concerns over a U.S. tech bubble linger, investment strategists are mapping out various diversification plays on both sides of the Atlantic to shore up portfolios against a sharp market correction. Market pros told CNBC that European equities, government bonds and value stocks all offer advantages amid valuation concerns in the artificial intelligence space. Arnaud Girod, head of economics and cross asset strategy at Kepler Cheuvreux, said Monday that he believes the recent pressure in certain AI-linked U.S. tech stocks is likely to continue, noting that a downturn will hit semi-conductors in particular. Speaking with CNBC’s ” Europe Early Edition…
U.S. President Donald Trump shakes hands with Saudi Crown Prince Mohammed Bin Salman during a welcoming ceremony in Riyadh, Saudi Arabia, May 13, 2025.Bandar Algaloud/courtesy Of Saud | Via ReutersU.S. President Donald Trump is set to meet with Saudi Arabia’s Crown Prince Mohammed bin Salman on Tuesday, with the leaders expected to discuss the deepening of trade and technology ties, artificial intelligence, security and nuclear energy.The trip follows Trump’s visit to Saudi Arabia in May in which the kingdom made a $600 billion trade and investment commitment to the U.S. Analysts say Trump will be looking to cement those pledges…
KARACHI: Pakistan’s fragile external position came under renewed pressure in October as the current account deficit ballooned to $733 million in first four months of FY2026, driven by a surge in imports and weakening export growth that erased much of the improvement seen in recent months. The latest balance of payments data shows that the deficit was more than three times the $206 million recorded from July to October 2025 last year, signalling a sharp reversal of the early-year momentum. The deterioration in October pushed the overall current account into a deeper deficit for the fiscal year to date. Current…
A visitor (L) takes selfies with staff members in Chinese folk costumes during China (Guangxi) Geographical Indication Products Exhibition at the World Intellectual Property Organization (WIPO) headquarters in Geneva, Switzerland, Nov. 17, 2025.The two-day exhibition kicked off here on Monday, showcasing iconic products from south China’s Guangxi Zhuang Autonomous Region, including tea, pottery and bamboo weaving craft. (Xinhua/Lian Yi)A visitor learns about Nixing Pottery during China (Guangxi) Geographical Indication Products Exhibition at the World Intellectual Property Organization (WIPO) headquarters in Geneva, Switzerland, Nov. 17, 2025.The two-day exhibition kicked off here on Monday, showcasing iconic products from south China’s Guangxi Zhuang…
Govt intended for the FCC to begin functioning from the Federal Shariat Court; however, FSC judges objected President Asif Ali Zardari administers the oath to Justice Aminuddin Khan as Chief Justice of the Federal Constitutional Court during a ceremony at Aiwan-i-Sadr on Friday. Photo: APP ISLAMABAD: The newly established Federal Constitutional Court (FCC) is grappling with its first legal and administrative challenges in its earliest days, with uncertainty looming over its permanent location, staffing, and the perception battle surrounding its legitimacy. At present, there is no clarity on where the FCC will ultimately be housed. For now, it has been…
Guests attend the China-Europe Youth Dialogue 2025 in Beijing, capital of China, Nov. 17, 2025. The conference has brought together 61 Gen-Z representatives from 30 European countries and about 60 students and young scholars from China — who are exploring the theme of “China-Europe Relations in the Next 50 Years.” (Xinhua/Shi Yifei)BEIJING, Nov. 17 (Xinhua) — Chinese and European youth gathered in Beijing on Monday to discuss their critical roles in building closer future China-Europe relations following a half-century of bilateral diplomatic ties.”Young people, with their openness and inclusiveness, are the best envoys for breaking down cognitive barriers,” said Zhao…
Larry SummersCameron Costa | CNBCFormer Treasury Secretary Larry Summers said Monday that he was stepping back from all public commitments amid fallout from the release of emails between him and sex offender Jeffrey Epstein.”I am deeply ashamed of my actions and recognize the pain they have caused. I take full responsibility for my misguided decision to continue communicating with Mr. Epstein,” Summers said in a statement obtained by CNBC.”While continuing to fulfill my teaching obligations, I will be stepping back from public commitments as one part of my broader effort,” said Summers, who is a former president of Harvard University…
People pose for pictures at the Wall Street Bull in New York’s Financial District on June 24, 2024 in New York City. Spencer Platt | Getty Images The Nasdaq Composite dropped 0.84% Monday stateside as technology stocks were under pressure, with Apple, Meta and Oracle retreating more than 1% each.Artificial intelligence lynchpin Nvidia performed worse, losing almost 2%. CEO Jensen Huang in October said the chipmaker had “half a trillion dollars” of business on the books for 2025 and 2026. When Nvidia reports its third-quarter earnings Wednesday stateside, investors will be combing through Huang’s comments for signs of strong 2026 growth,…
Li Zeyang (R) of Hubei celebrates with Chen Guanfeng of Guangdong after the men’s 100m final of athletics at China’s 15th National Games in Guangzhou, south China’s Guangdong Province, Nov. 17, 2025. (Xinhua/Deng Hua)GUANGZHOU, Nov. 17 (Xinhua) — Sprinters Li Zeyang of Hubei and Chen Yujie of Zhejiang stole the spotlight at China’s 15th National Games on Monday, as Li clocked 10.11 seconds to win the men’s 100 meters and 16-year-old Chen became the youngest women’s champion in the event’s history.Thirty-four gold medals were awarded on the day, but the blue-riband sprints drew the loudest cheers. Li, 25, had signaled…
PMDC says revised attendance and passing rules won’t apply to MBBS and BDS students up to 2024–25 academic session The Medical Students’ Association of Pakistan has welcomed the Pakistan Medical & Dental Council’s decision to restore the 75% mandatory attendance to sit in the final exams and 50% passing marks for all medical and dental students across the country for the current academic year. In a statement, the association said the move was an important step towards strengthening academic standards and ensuring consistency in medical education nationwide. It added that the restoration of these regulations has brought Pakistan ‘back in…