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China’s National Bureau of Statistics on Friday reported third-quarter GDP growth of 4.6% year on year, slightly exceeding the 4.5% expected by economists polled by Reuters. “The national economy showed positive signs of growth in September,” Sheng Laiyun, the bureau’s deputy commissioner, said at the news conference, according to CNBC’s translation of the Chinese. Other data also released on Friday, such as retail sales and industrial production, also beat expectations, a hopeful sign for the world’s second-largest economy. “Despite the multitude of challenges, China’s economy is not incurable as some would suggest,” Xu added. Authorities continued to dip feed more stimulus measures throughout this month amid low consumer sentiment and a flagging property sector.

Persons: ” Sheng Laiyun, ”, Tianchen Xu, ” Xu, Finance Lan Organizations: China’s National Bureau, Statistics, Reuters, Economist Intelligence Unit, China’s, Finance, Ministry Locations: China’s, Beijing

The European Union on Friday voted to adopt definitive tariffs on China-made battery electric vehicles. “Today, the European Commission’s proposal to impose definitive countervailing duties on imports of battery electric vehicles (BEVs) from China has obtained the necessary support from E.U. Member States for the adoption of tariffs,” the E.U. first announced that it would slap higher tariffs on Chinese electric vehicle imports in June, on the grounds that they benefit “heavily from unfair subsidies” and pose a “threat of economic injury” to electric vehicle producers in Europe. to start investigations of potential tariffs, Germany has advocated against them, raising concerns about consequences for its own struggling carmakers.

Persons: Peter Szijjarto Organizations: Union, E.U, European, China’s Ministry of Commerce, Reuters, European Commission Locations: China, “, States, Europe, Beijing, E.U, France, Germany, Hungarian

☆ China’s youth unemployment hits fresh high amid economic slowdown and restrictive hiring policies
▼ + stars: | 2024-09-23 | by ( Lee Ying Shan | Lee Ying Shan Is A News Associate With Cnbc International Based In Singapore. | ) www.nbcnews.com time to read: +1 min

China’s youth unemployment rate in August rose to the highest level since the new system of record-keeping began in December, driven by an economic slowdown and restrictive hiring policies, according to analysts. China’s urban unemployment rate across all age categories rose 5.3% in August, compared to a 5.2% rise in July. China’s youth unemployment has also been affected by restrictive hiring policies amid a struggling economy as companies are refusing to hire recent college graduates due to the difficulty and costs involved in firing workers in China. This is expensive so no one wants to fire anyone now or hire anyone new,” he noted. “That’s why the [overall] unemployment rate isn’t that bad but the unemployment rate for youths is so high,” Rein added.

Persons: That’s, “ It’s, ”, Dan Wang, Shaun Rein, “, ” Rein Organizations: National Bureau, Statistics, HSBC, China Market Research, “ Locations: China

☆ Anti-Defamation League suing Intel, its first-ever discrimination case against major American company
▼ + stars: | 2024-09-19 | by ( Alexandra Ferreyros | Cnbc Intern | ) www.cnbc.com time to read: +5 min

For the first time in its century-plus history, the Anti-Defamation League is suing a Fortune 500 company, Intel , joining a case brought by the law firm of Wigdor on behalf of a former Israeli employee of the technology firm. Intel has operated in Israel for 50 years, where it has invested more than $50 billion, and remains one of Israel's largest private employers with more than 11,700 Israeli employees. The company estimated $8.7 billion in exports from its Intel operations, accounting for 5.5% of Israel's high-tech exports and 1.75% of the country's GDP, in 2022. When employers do not meet their legal obligations in protecting their Jewish employees, ADL will not hesitate to act." The former Israeli employee also recently sent an open letter to Intel's board of directors about his complaint.

Persons: wasn't, Jonathan Greenblatt, Greenblatt, Google, we've Organizations: Defamation League, Fortune, Intel, ADL, CNBC, Google Locations: Wigdor, Israel, U.S, boardrooms, Gaza

☆ The Bank of Japan's next rate hike may come in December, not this week: CNBC survey
▼ + stars: | 2024-09-16 | by ( Lin Lin | ) www.cnbc.com time to read: +1 min

Bank of Japan Governor Kazuo Ueda attends a session in the financial affairs committee at the lower house of parliament on Aug. 23, 2024 in Tokyo. Economists, FX strategists and Japan-focused fund managers are split over the timing of the Bank of Japan's next interest rate hike, according to a new CNBC International survey. BOJ Governor Kazuo Ueda said last month that the central bank would continue to raise interest rates if inflation stayed on course, while also closely monitoring financial market conditions. "We think the central bank will be keen to move gradually and allow the impact of the July rate hike to be fully felt," said Jessica Hinds, director in Fitch Ratings' economics team. CNBC's survey found 18.75% of respondents expect a hike for the October meeting, while another 25% said a hike was possible.

Persons: Kazuo Ueda, Jessica Hinds Organizations: Japan, FX, Bank of Japan's, CNBC International, CNBC, Fitch Locations: Tokyo, Japan

☆ I lost my wallet. Here's what experts say I should do to protect my identity and money
▼ + stars: | 2024-07-08 | by ( Genna Contino | ) www.cnbc.com time to read: +3 min

Eventually, tired from my frantic searching, I accepted defeat and contacted the bank to lock my cards. After losing my wallet, I decided to ask a few sources what course of action I should take to protect my money and identity. I then made a list of everything that was in my wallet ... and that was the easy part. Soon after requesting a replacement debit card, Bank of America sent me a virtual one that I was able to add to my Apple wallet and use immediately. Other tips and tricks to manage a lost wallet

Persons: hadn't, I'm, Lee Baker, it's, you've, Baker Organizations: Westend61, CNBC, Metropolitan Transportation Authority, North, North Carolina DMV, Bank of America, Apex, CNBC's Locations: New York, New York City, North Carolina, Atlanta

☆ Emily Tan: Ambition is the journey and drive to keep going
▼ + stars: | 2024-05-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEmily Tan: Ambition is the journey and drive to keep going"When you get there, you realize you want more." CNBC International Senior Correspondent Emily Tan shares what ambition means to her.

Persons: Emily Tan Organizations: CNBC

☆ Charlotte Reed: Journalism is a job where I always have to learn new things
▼ + stars: | 2024-05-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCharlotte Reed: Journalism is a job where I always have to learn new things"My mom is a teacher and there was always in my house a respect and love for learning." CNBC International TV Reporter & Correspondent Charlotte Reed discusses her professional ambitions.

Persons: Charlotte Reed Organizations: Journalism, CNBC, Reporter

☆ Sam Vadas: It's really ambition that keeps you focused
▼ + stars: | 2024-05-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSam Vadas: It's really ambition that keeps you focused"I always wanted to be a China correspondent." CNBC International China Correspondent Sam Vadas shares what ambition means to her.

Persons: Sam Vadas Organizations: CNBC International China Locations: China

☆ Lin Lin: Ambition is a recognition that you only have one life
▼ + stars: | 2024-05-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLin Lin: Ambition is a recognition that you only have one life"It is about growing, learning, and challenging myself." CNBC International Correspondent Lin Lin shares what ambition means to her.

Persons: Lin Lin Organizations: CNBC

☆ Arjun Kharpal: Ambition is fluid
▼ + stars: | 2024-05-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailArjun Kharpal: Ambition is fluid"Keep your finger on the pulse and adapt." CNBC International Technology reporter Arjun Kharpal explains why it's important to always be at the forefront of your industry.

Persons: Arjun, Arjun Kharpal Organizations: CNBC International Technology

☆ Chery Kang: Don't be a show pony, be the workhorse
▼ + stars: | 2024-05-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChery Kang: Don't be a show pony, be the workhorse"I'm still looking for new challenges and that's ambitious." CNBC International Correspondent Chery Kang discusses what ambition means to her.

Persons: Chery Kang Organizations: CNBC International

☆ Silvia Amaro: Ambition to me means following your dreams
▼ + stars: | 2024-05-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSilvia Amaro: Ambition to me means following your dreams"When I was growing up, I used to dream about studying abroad and speaking different languages." CNBC International TV Reporter & Correspondent Silvia Amaro shares what ambition means to her.

Persons: Silvia Amaro, Ambition Organizations: CNBC, Reporter

☆ Dan Murphy: Find yourself a mentor who can turn your ambition into achievement
▼ + stars: | 2024-05-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDan Murphy: Find yourself a mentor who can turn your ambition into achievement"It's the lowest risk, highest reward career move you can make." CNBC International Anchor & Correspondent Dan Murphy discusses the value of finding a good mentor and what ambition means to him.

Persons: Dan Murphy Organizations: CNBC, Anchor

☆ Meet the Dubai artist whose work has sold for millions — and turns down 99% of prospective buyers
▼ + stars: | 2024-04-26 | by ( Lucy Handley | In | ) www.cnbc.com time to read: +2 min

watch nowContemporary artist Sacha Jafri prides himself on his unique way of working. The artist Sacha Jafri at his studio in Dubai, U.A.E. He said he goes into a meditative state when creating his work. So, I'm in a meditative state, I'm in a complete trance, I have no clue what I'm doing. Artist Sacha Jafri painting on the helipad at the Burj Al Arab Jumeirah hotel in Dubai.

Persons: Sacha Jafri, Jafri, I've, Andre Abdoune, Emad Salehi Organizations: Oxford, Ruskin School of Art, CNBC, Burj, Burj Al Arab Jumeirah Locations: Dubai, London, U.S, British, U.A.E, Burj Al Arab

☆ Ripple CEO Brad Garlinghouse at Ripple Swell Dubai | CNBC International
▼ + stars: | 2023-11-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRipple CEO Brad Garlinghouse at Ripple Swell Dubai | CNBC InternationalCNBC’s Dan Murphy speaks to Ripple CEO Brad Garlinghouse about the U.S. Securities and Exchange Commission case, the long-term impact of FTX's collapse, and what’s next for crypto markets.

Persons: Brad Garlinghouse, Dan Murphy, what’s Organizations: Ripple, Dubai, CNBC, U.S . Securities, Exchange Commission

☆ CNBC’s Hadley Gamble, Who Alleged Former NBCUniversal CEO Sexually Harassed Her, Is Leaving Network
▼ + stars: | 2023-05-09 | by ( Joseph De Avila | ) www.wsj.com time to read: 1 min

NBCUniversal’s CEO Jeff Shell is leaving the company effective immediately after an investigation into a complaint of inappropriate conduct, parent company Comcast Corp. said on Sunday. Photo: Patrick T. Fallon/Bloomberg NewsCNBC International anchor Hadley Gamble , who accused former NBCUniversal Chief Executive Jeff Shell of sexual harassment and sex discrimination, is leaving the network, CNBC said. “Gamble has been a distinguished journalist for more than a decade for CNBC, undertaking highly visible and challenging assignments, and developing deep expertise in the Middle East and beyond,” a CNBC spokesperson said in a statement Tuesday. “We wish her every success in her future endeavors.”

☆ Inside NBCUniversal, female execs are eyeing leadership's next moves after CEO Jeff Shell's ouster over 'inappropriate relationship': 'We're watching'
▼ + stars: | 2023-05-01 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

NBCUniversal insiders are reeling after chief Jeff Shell's stunning departure and asking questions about what's next for the Comcast division. News of Shell's hasty exit dropped April 23 after an investigation into what he called an "inappropriate relationship" with a company employee. "It's shocking," said one employee, wondering how an executive at Shell's level would take such a risk with his career. Two staffers also grumbled that the company hasn't widely addressed the matter internally since its terse statement announcing Shell's exit. Keeping Cavanagh atop NBCU could serve another purpose — to help bring about a merger of Comcast with Warner Bros.

☆ NBCUniversal insiders are asking what's next after CEO Jeff Shell's 'shocking' exit, and female execs are watching leadership closely after a string of high-profile sexual allegations
▼ + stars: | 2023-04-26 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

They're asking what Comcast exec Mike Cavanagh's elevation to handle Shell's remit means for NBCU's future. NBCUniversal insiders are reeling after chief Jeff Shell's stunning departure and asking questions about what's next for the Comcast division. News of Shell's hasty exit dropped Sunday after an investigation into what he called an "inappropriate relationship" with a company employee. "It's shocking," said one employee, wondering how an executive at Shell's level would take such a risk with his career. Keeping Cavanagh atop NBCU could serve another purpose — to help bring about a merger of Comcast with Warner Bros.

☆ A crypto crash for big stablecoins is likely to send shudders through other financial markets too, a Cornell professor warns
▼ + stars: | 2023-01-12 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

A crashed stablecoin could pose a threat to the wider financial system, a Cornell professor warned. The companies that issue stablecoins would have to redeem their government bond holdings if the digital tokens fail, Eswar Prasad said Thursday. "A large volume of redemptions, even in a fairly liquid market, can create turmoil in the underlying securities market," Prasad said. The turmoil hasn't yet spilt over into traditional financial markets, but financial watchdogs are worried that stablecoin issuers' government bond holdings pose that risk, according to Prasad. "The fact that we haven't had spillovers from this part of the financial ecosystem into traditional financial markets or into the real economy certainly seems to be suggestive of the fact that there is a firewall," he added.

☆ Chinese travelers are 'angry' and other top CNBC headlines
▼ + stars: | 2023-01-11 | by ( Monica Pitrelli | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChinese travelers are 'angry' and other top CNBC headlinesCNBC International's digital managing editor Ted Kemp talks to Squawk Box Asia about the U.S. Federal Reserve's need for political independence, Chinese travelers' reaction to Covid travel rules, and the discovery of lead in popular chocolate brands.

☆ China protests are serious because so widespread, says Ted Kemp
▼ + stars: | 2022-11-28 | by ( Ted Kemp | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina protests are serious for Beijing because they're so widespread, says CNBC's Ted KempTed Kemp, Managing Editor of CNBC International Digital, explains how China has reached a tipping point and why the breadth of protests is dangerous to the regime.

☆ Anti-lockdown protests showing 'extraordinary' breadth across China
▼ + stars: | 2022-11-28 | by ( Ted Kemp | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAnti-lockdown protests showing 'extraordinary' breadth across ChinaTed Kemp, managing editor of CNBC International Digital, explains what China's anti-lockdown protests tell us about the current mood on the ground in China.

☆ The Quad is going beyond military exercises — and China is watching
▼ + stars: | 2022-07-04 | by ( Nessa Anwar | ) www.cnbc.com time to read: +1 min

The Quad, or the Quadrilateral Security Dialogue, comprises four big, democratic economies: the United States, Japan, India and Australia. The Quad countries have cooperated in areas ranging from health and infrastructure development to military exercises —most notably the Exercise Malabar naval war games, which have developed into a permanent feature of the Quad. That includes being an effective counterbalance to China's dominance in the Indo-Pacific region. "What the Quad countries individually and collectively have been concerned about is about China's behavior," Tanvi Madan, director of The India Project at the Brookings Institution, told CNBC. Watch the video above to learn more about the Quad's influence in the Indo-Pacific region.

Persons: Ted Kemp, Tanvi Madan Organizations: NATO, CNBC International, The, Brookings Institution, CNBC Locations: United States, Japan, India, Australia, China, Malabar

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