Representatives from the Chinese side say they think it likely that Chinese President Xi Jinping will attend the G-20 meeting later this month. But in order to reach a trade...China Economyread more
Software engineers straight out of college often make six-figure salaries, not counting equity compensation.Technologyread more
Wall Street, though, is clamoring for a rate cut, with an 85% chance of a move in July and a 61% probability of three reductions by year's end.The Fedread more
A company spokesperson said the outage was the result of a "an internal technology issue" and was not security related.Retailread more
The flattening of the yield curve is exuding a bad omen for the stock market if history is any guide.Marketsread more
Using MIT's living wage calculator, CNBC Make It mapped out the minimum amount a single parent must earn to meet their basic needs without relying on outside help in every...Earnread more
Hong Kong Chief Executive Carrie Lam announced at a press conference on Saturday that a contentious bill to allow extraditions to mainland China has been put on hold.China Politicsread more
Stratolaunch, the world's largest airplane, which flew once, is up for sale, sources familiar told CNBC.Investing in Spaceread more
Transparency is key… or is it? With the first-ever non-transparent, actively managed exchange-traded fund receiving approval from the SEC, "ETF Edge" goes straight to the...ETF Edgeread more
Mired in a crisis over its best-selling 737 Max plane, Boeing could hand the spotlight over to its rival Airbus at the Paris Air Show.Airlinesread more
A new update to the Apple Watch called watchOS 6 will notify you if the environment you're in is too loud and could damage your hearing.Technologyread more
Thai stocks hit their lowest level in almost one month Wednesday on renewed concerns about political turmoil after a court ruling that Prime Minister Yingluck Shinawatra has violated the constitution and could no longer serve as caretaker premier.
Thailand's benchmark stock index fell to as low as 1,388 before trimming falls, while the Thai baht dipped slightly to 32.36 per dollar.
According to the court ruling, Yingluck had abused her position by transferring the country's National Security Council chief to another post in 2011 so that a relative could benefit from related job moves.
"This exacerbates things to a degree because the market seemed, if not unhappy, comfortable with the political situation," said Tim Condon, head of research for Asia at ING Financial Markets in Singapore.
"This raises the likelihood of political violence and increases uncertainty for investors – that is the bottom line here," he added.
Thailand has been rocked by political turmoil for months now, although recent weeks have seen relative calm in the capital Bangkok.
Yingluck's removal from power is expected to bring her supporters into the streets in protest.
Over the past year, Thailand's stock index has shed about 11 percent of its value, underperforming its peers in Southeast Asia.