CNBC World News

Despite continued efforts by law enforcement to crack down on cocaine use, global demand for the drug has only grown.

Even before the shock collapse of two U.S. banks, Credit Suisse had faced a slew of problems, including money laundering charges and spying allegations.

The United Kingdom on Thursday announced plans to ban the Chinese-owned video app TikTok on government devices.

Plummeting bond yields, and steep drops in oil and stock prices are all signaling that investors fear a recession is now on the near horizon.

The U.S. has a number of concerns about TikTok and has maintained the Chinese-owned app presents a national security risk.

The deal is "a much needed pressure valve amid heightened regional tensions" — but significant changes are far from guaranteed, analysts told CNBC.

Chinese tech company Baidu gave the public a peek Thursday at what its Chinese-language ChatGPT alternative can do, while warning of its imperfections.

The Beijing-headquartered company said in an online statement that it plans to work with partners in 2023 to launch more diversified products and services.

The CEO of HSBC UK said he would not have guessed — just a few days beforehand — that it would be buying Silicon Valley Bank UK.

Singapore's Changi Airport has been named the "world's best airport" for a record 12th time.

"It's panic, a little bit of panic. I believe completely unwarranted, whether it be for Credit Suisse or for the entire market," he said on CNBC's "Capital Connection."

Government jobs are typically regarded as stable and prestigious in China, especially since young people's unemployment has soared to record highs.

Credit Suisse announced it will be borrowing up to 50 billion Swiss francs ($53.68 billion) from the Swiss National Bank under a covered loan facility and a short-term liquidity facility.

Some VC firms could face challenges in finding another bank that offers the same product offering as Silicon Valley Bank.

Despite layoffs at tech companies, almost "every sector in the economy outside of tech" is hiring tech workers, said CEO of Seek Asia Peter Bithos.

Singapore tech giant Sea Group has launched its digital banking services to select members of the public.

Growth in Adobe's digital media business is driving higher profit expectations.

CNBC's Jim Cramer on Wednesday said the Federal Reserve may need to take drastic measures, which could be "fantastic" for your portfolio.

Payment processor Stripe raised $6.5 billion, largely to provide liquidity to current and former employees, but at a sharply discounted $50 billion valuation.

It's the end of the line for Google Glass, one of the first -- and most-recognized -- smart glasses products from a big tech company.