CNBC World News

Stocks have become detached from reality due to recent interventions from central banks into the bond markets, according to analysts at Bank of America.

The bars are set to be auctioned off at Rouillac auction house in the French town of Vendome on June 16.

Russia reported 150 fatalities related to the coronavirus in the last 24 hours — a record daily jump that brought the country's death toll to 3,249, reported Reuters.

The legislation is expected to strengthen Beijing's hold over Hong Kong, a special administrative region of China.

Private equity firm KKR has taken a $1.5 billion stake in Mukesh Ambani's Jio Platforms business a month after Facebook announced it was pumping $5.7 billion into the company.

It comes shortly after Argentina's Economy Minister Martin Guzman had hinted there was a "big chance" the May 22 deadline would be extended.

The partial accord was signed in January following protracted negotiations which held markets hostage for much of 2019.

China is set to introduce a national security law for Hong Kong, after the city was plunged into turmoil last year by pro-democracy protests that often degenerated into violence.

Emily Lau, a former Democratic Party member of the Hong Kong Legislative Council, said China hasn't kept up its "promise" under the "one country, two systems" framework.

"In my view, in the next three to five years, sovereign-owned entities and sovereign funds will play an important role in the equity part of the game," Sonmez told CNBC.

When it comes to improving the way buildings operate, retrofitting could be a crucial tool in the years ahead.

Gross domestic product is expected to contract by 5% for the year, worsening from the bank's earlier prediction of a negative 0.4% growth, according to Goldman Sachs.

ABBA superstar Björn Ulvaeus told CNBC that the Swedish capital of Stockholm seems to be back to normal.

Apple's iPhone sales jumped 160% month-on-month in April, according to one research firm, as data paints a picture of a bounce back for the U.S. tech giant.

RBI Governor Shaktikanta Das said the central bank's Monetary Policy Committee had voted to maintain its "accommodative" stance.

The already serious friction between the United States and China ratcheted higher in recent weeks, and it's expanding to the stock market.

Chinese Premier Li Keqiang's remarks Friday are part of China's annual parliamentary meeting, delayed by about two months this year due to the disease known as Covid-19.

Secretary of State Mike Pompeo urged President Trump to fire an internal watchdog who was reportedly investigating the deal among other matters.

Strategist from Standard Chartered Private Bank and JPMorgan Asset Management told CNBC why they are recommending investors to look at focusing their portfolios on fixed income instead.

With most people working from home, and some employers mulling such an arrangement even post-pandemic, the future looks uncertain for office commercial space.