Huawei CEO Ren Zhengfei laid out plans to bring more efficiencies to the organization. This included simplifying the reporting structure, cutting down on surplus staff, axing...Technologyread more
The bond market has entered a financial twilight zone, and at this point, there doesn't seem to be a smooth way out.Market Insiderread more
China has used both monetary and fiscal measures to lift economic activity as its trade war with the U.S. looks set to intensify in the coming months.China Economyread more
President Donald Trump said on Twitter he was postponing a scheduled meeting with Denmark's prime minister because of her lack of interest in discussing a possible sale of...World Politicsread more
"I think (rate cuts) will help, but whether they're going to be sufficient to counter the negative trade pressures and global growth slowdown and impact is debatable," one...Central Banksread more
Chinese overseas investment growth will likely slow or even decline in the next few years as risks around the world increase, according to new research by Moody's Investors...China Economyread more
The two countries want to smash the civil aerospace duopoly enjoyed by Airbus and Boeing.Aerospace & Defenseread more
Alibaba held a board meeting before its latest quarterly earnings release last week, during which the board decided to postpone the Hong Kong listing, Reuters reported.Technologyread more
Federal Reserve Chairman Jerome Powell is set to deliver his annual speech on Friday at the Jackson Hole, Wyoming symposium, where he's expected to provide more clarity on the...Asia Marketsread more
U.S. and Asian investors poured $3.7 billion into U.K. tech start-ups in the first seven months of 2019, research shows.Technologyread more
After Elon Musk touts Tesla solar on Twitter, Walmart sues the electric vehicle and clean energy company over store rooftop panels that ignited.Technologyread more
President Donald Trump made the right decision by recommitting the U.S. to the Afghanistan war, former Assistant Secretary of State P.J. Crowley told CNBC on Tuesday.
"The most stunning aspect of the president's speech was the acknowledgment that 16 years into this war ... the prospect of a political negotiation is still a long-term challenge," Crowley, who served in the Obama administration, said on "Squawk Box. "
Also on "Squawk Box," retired Army Brig. Gen. Mark Kimmitt said Trump's speech made Afghanistan "his war."
"There's been a lot of questions for quite some time, not only among the general public but the troops, about which way we're going in Afghanistan, and I think to a great extent he put that to rest," said Kimmit, who advises U.S. firms in the Middle East.
In a prime-time address to the nation Monday, Trump said he would ramp up engagement in Afghanistan, reversing his past calls to pull American troops out of the country.
The president did not provide details on how many more troops he would dispatch or what he felt it would take to achieve victory.
"America will work with the Afghan government as long as we see determination and progress," Trump said. "However, our commitment is not unlimited, and our support is not a blank check."
James Carafano, vice president of foreign and defense studies at the conservative Heritage Foundation, told CNBC he would give Trump credit for his message.
"The fundamental principle of his foreign policy is America first. And what that means is I'm going to put interests of the country first," said Carafano, who worked on Trump's transition team.
"And the interests here are really twofold: We don't want Afghanistan to be a source of regional instability. It's bad for us. It's bad for our friends and allies in the region and makes our job harder. And the other is we don't want it to be a platform for transnational terrorism."
—The Associated Press contributed to this report.