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Soybeans are more than just a crop – they have become a litmus test of Beijing’s evolving food security strategy and sit at the heart of the US-China trade war.As a crucial source of animal feed and cooking oil, soybeans have remained a flashpoint throughout the ebbs and flows of the two nations’ trade disputes, from the tariff war during US President Donald Trump’s first term to the current one.Less well known is China’s transformation from soybean exporter to the world’s leading importer. Spanning three decades, researchers believe the shift reflects evolving domestic needs and the impact of policy reforms,…

The minutes of the Federal Reserve’s October meeting, released on Wednesday, showed that policymakers were divided over the decision to cut interest rates, reflecting disagreements about whether a cooling labor market or persistent inflation posed the greater threat to the economy.   Although the Federal Open Market Committee approved a rate cut at the meeting, the path for monetary policy in the coming period has become less clear. The divisions extended to expectations for December, with several officials expressing doubts about the need for an additional cut that investors had widely anticipated. “Many” participants said there would be no need…

TJX Companies on Wednesday reported a beat-and-raise quarter as consumers continue to focus on getting the most bang for their depreciating buck. The stock is a bright spot in the banged-up retail sector. Revenue in the three months ended Nov. 1 increased 7.5% year over year to $15.12 billion, exceeding the consensus estimate of $14.85 billion, according to LSEG. Earnings per share (EPS) in the period came in at $1.28, beating expectations of $1.22 and indicating year-over-year growth of more than 12%. Same-store sales also came in ahead of expectations at 5%, better than the 4% the Street was looking…

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets : The S & P 500 on Wednesday was on pace to snap a four-session losing streak that resulted in a pullback of about 3.4% as of Tuesday’s close. The direction of the market Thursday likely depends on what Nvidia ‘s earnings show after the bell. What the AI platform maker has to say about the sustainability of AI spending, and the return its customers get on their significant investments,…

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. The S & P 500 was slightly higher Wednesday after a four-session losing streak on tech weakness. Investors were re-entering the AI trade, betting that Club name Nvidia ‘s after-the-bell earnings would quell concerns about artificial intelligence valuations. Jim Cramer said he doesn’t trust Wednesday’s stock gains because the overall market, as measured by the S & P Short Range Oscillator , is not oversold. “That is disconcerting to me,” Jim added. Jeff Marks, director…

The British pound edged lower on Wednesday after UK inflation data for October came in broadly in line with expectations, reinforcing speculation that the Bank of England may cut interest rates next month, while the U.S. dollar strengthened ahead of Nvidia’s earnings and key American data releases.   At the same time, the Japanese yen touched a ten-month low against the dollar following Bank of Japan Governor Kazuo Ueda’s meeting with key ministers, including Finance Minister Satsuki Katayama, who said the government is monitoring markets “with a high degree of vigilance.”   Official data released Wednesday showed UK annual consumer…

DHAKA/NEW DELHI: The Bangladesh High Court on Wednesday halted arbitration proceedings between the country’s power development board and India’s Adani Power ADAN.NS in Singapore on disputes around power supply payments. The company, led by Indian billionaire Gautam Adani, has been at loggerheads with the Bangladesh Power Development Board over pending payments for the electricity it supplies as part of a pact that both sides had signed in 2017. Adani and the BPDB had early this month decided to go for an international arbitration process to resolve disputes over Bangladesh’s power supply payments. The court said on Wednesday that the arbitration…

A senior US Democrat is urging the Commerce Department to investigate four Chinese semiconductor firms potentially tied to Dutch chipmaker Nexperia, warning they could threaten the safety and reliability of components used in cars across the US and its allies.The request marks the latest twist in the turmoil surrounding the Chinese-owned firm, which has become a flashpoint in broader disputes involving China, Europe, and the US, following months of internal conflicts, regulatory intervention and supply-chain disruption.Chinese operations of the embattled Netherlands-based firm are increasingly bypassing its Dutch parent and turning towards China-based wafer suppliers – including Wuxi NCE Power, Hangzhou…

CNBC’s Jim Cramer said Wednesday that T.J. Maxx owner TJX is the “best there is right now” in the out-of-favor retail industry. He was far less complimentary of Target . Cramer’s comments came after the companies reported much different earnings stories before the opening bell on Wall Street. TJX — which also owns the Marshalls and HomeGoods chains – delivered better-than-expected profit and revenue for the third quarter. CEO Ernie Herrman said the holiday shopping season is off to a “strong start.” TJX shares bolted out of the gate to an all-time intraday high before the rally lost some steam. The…

KARACHI: The multinational companies (MNCs) operating in Pakistan dispatched one-year high profit/dividend of $385.6 million to their headquarters in abroad in October 2025, according to State Bank of Pakistan’s (SBP) data released on Wednesday. The foreign firms sent a total of $1.14 billion in the first four months (Jul-Oct) of the current fiscal year 2025-26, which is 39% higher compared to $818.4 million in the same period of the last year. The firms that repatriated notably high profit to their headquarters in the four months belonged to China, United Kingdom and Netherlands, as they operated in power, finance business, communication,…