Malaysia is unfazed by China, U.S. semiconductor competition, minister says
Malaysia isn't fazed about competition from China or the U.S. as it pushes into higher-end semiconductor manufacturing, according to the country's second finance minister.
Karen Tso in asian news
ECB June rate cut looks increasingly likely — but there are 'still some caveats,' German central bank chief says
European Central Bank policymaker Joachim Nagel said Wednesday that a rate cut for the institution looks increasingly likely for June, but added that certain parts of the incoming inflation data still look higher than desired.
Risk of a global recession is minimal, IMF economist says — would take 'a lot to derail'
One of the International Monetary Fund's top economists signals little risk of a global recession, despite the ongoing rumblings of geopolitical uncertainty.
Top EU official warns on 'weaponization of trade' as tensions ramp up between the U.S. and China
The European Union's trade chief on Wednesday warned against the "weaponization" of trade amid the latest ratcheting up of tensions between the U.S. and China.
Middle East tensions pose the biggest threat to rate cuts, European Central Bank policymaker says
Tensions in the Middle East pose the biggest threat to a prospective interest rate cut from the European Central Bank, according to ECB policymaker Robert Holzmann.
Bank of Korea chief says won volatility is a little 'excessive' and will intervene if needed
The Bank of Korea will intervene to control currency volatility if needed, the central bank's chief told CNBC, describing the recent market fluctuations as a little "excessive."
HSBC is 'very positive' about the future of China's economy, CFO says
HSBC is "very positive" about the mid to long-term outlook for the Chinese economy despite current headwinds, the British bank's chief financial officer told CNBC.