Tech's hottest IPOs of the year, including Beyond Meat and Zoom, dropped on Monday, falling more than the broader market.Technologyread more
Sen. Bernie Sanders announced a plan Monday to forgive the country's $1.6 trillion outstanding student loan tab, intensifying the higher education policy debate in the 2020...Personal Financeread more
"We do not seek conflict with Iran or any other country," Trump tells reporters in the Oval Office.Politicsread more
While earnings usually come in substantially ahead of expectations — as much as 4 or 5 percentage points is not unusual — the downward direction in the outlook doesn't speak...Earningsread more
"We missed being the dominant mobile operating system by a very tiny amount. We were distracted during our antitrust trial. We didn't assign the best people to do the work,"...Technologyread more
PatientsLikeMe was bought by UnitedHealth following a review by Trump's Treasury Department, which scrutinized the start-up because it's backed by Chinese cash.Technologyread more
Some traders think the energy rally is about to wane, despite the sector being one of June's big winners.ETF Edgeread more
Stocks with this one feature are poised to crush the market after a rate cut, according to Goldman Sachs.Marketsread more
An Air Canada passenger traveling to Toronto from a weekend in Quebec City found herself stranded alone on the tarmac and in the dark, in what she described as a "nightmare."Airlinesread more
When Victoria's Secret exited the swimsuit business in 2016, it opened the floodgates for start-ups to conquer that market.Retailread more
Shopify debuts a new network to help it compete with Amazon.Marketsread more
Japan faces fewer micro and macro economic issues compared to the U.S., Europe and China — and might end up being one of the best bets in 2019, according to Viktor Shvets, the head of Asian strategy for Macquarie's commodities and global markets team.
Amid global market volatility and slowing growth that other economic giants are facing, Japan could be on a more sustainable path relative to the other countries, Shvets told CNBC on Tuesday.
Relative to the volatility around the world, "Japan is just calm," Shvets said.
In the U.S., President Donald Trump's administration and the Congress are divided, while Europe is preparing for the European Parliamentary elections and the replacement of the European Central Bank chairman next year, he said. Meanwhile, China also has its own trade and domestic challenges.
"It's not necessarily that Japan doesn't have issues. It is just the (Bank of Japan) knows exactly what they are doing. The government of Japan's been managing the Japanese economy for well over three decades," Shvets said.
Other positives in the economy include the private sector's good health, Shvets added. "So I do think Japan actually might end up to be the best performing asset."
OECD forecasts have shown that global growth estimates will likely dip in 2019 due to trade tensions and tightening financial conditions.
The U.S. and China, the two largest economic superpowers in the world, have been engaged in a bitter trade war for the most part of this year.
The U.S. has imposed duties on $250 billion of Chinese goods, and earlier threatened to slap tariffs on another $267 billion in imports. China, on its part, has retaliated by imposing tariffs on $110 billion of U.S. imports, targeting politically important industries such as agriculture.
While the two sides have agreed to a 90-day truce, most experts doubt that concrete steps to completely ease tensions between the two economic giants can be achieved in such a short time.
"What the U.S. wants China to do, China cannot give. What China would like U.S. to do, the United States cannot give," Shvets said.
In addition to reducing the trade deficit with Beijing, Washington has also made issues over intellectual property and technology theft their priority.
Shvets pointed out that countries stealing technology from one another was nothing new, and has been going on since as early as the 19th century.
"Any economy that is emerging and is growing usually steals technology from other economies — that's nothing new. Every single one of them from U.S., Germany, to Japan and Korea were doing it."
The key is that China would like to continue engaging the world, Shvets said. "What they would like to do is to progress higher up the value chain, as quickly as they can. What the world cannot give to them is a continuation of the current environment," he added.
— CNBC's J.R. Reed, Eustance Huang and Reuters contributed to this report.