Archive List for CNBC

China says policies for cross-border withdrawals have not changed

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CNBC

Chinese regulator, the State Administration on Foreign Exchange, says rules on withdrawing money from China have not changed. The comments come after billionaire investor Mark Mobius said Beijing was “restricting the flow of money out of the country.” CNBC’s Evelyn Cheng reports.

The ‘action-reaction cycle’ between the U.S. and China is a problem, professor says

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Susan Shirk, research professor at the University of California San Diego, discusses the U.S. House China panel.

Analyst discusses ‘the problem with Coupang as a stock’

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CNBC

Seungjoo Ro of CLSA says e-commerce firm Coupang is “priced in as a growth stock, and we are wondering where that growth will come from.”

Premium segment of global smartphone market appears resilient: IDC

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Bryan Ma from IDC says economic headwinds, including inflation pressure are major risks to global smartphone market this year, but reopening trends, especially in China may bring positive surprise to the market.

Dollar-yen could reach 140 level within the next two months: Asset management firm

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Chua Soon Hock of Asia Genesis Asset Management says he’s still bullish on dollar-yen and “the trend is quite clear.”

There’s been a ‘significant’ rise in international demand for our products: UAE defense group

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Faisal Al Bannai, chairman of the board of directors of UAE’s leading defense group Edge, says it’s “not focused on the lower end of the market.”

Putin will pay a ‘huge price’ for the war in Ukraine, former Swedish prime minister says

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Carl Bildt, who served as Swedish prime minister from 1991 to 1994 and is now policy advisor at Covington & Burling LLP, says the war has been a “massive strategic failure” from the Kremlin’s point of view.

Russia’s presence at the UAE defense expo is hardly hidden

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CNBC’s Hadley Gamble reports live from the International Defence Exhibition in Abu Dhabi.

We see upside in crude prices, says hedge fund

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Bill Perkins of Skylar Capital Management says crude looks “especially bullish” in the six- to 12-month time frame, but things are looking more bearish for natural gas.

We expect our economy to grow up to 5.3% this year, says Indonesia minister

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Sri Mulyani Indrawati, Indonesia’s finance minister, says there are some downside risks from exports.