CNBC World News

Apartment contracts in Manhattan fell by more than half in July, while deals in many New York suburbs more than doubled, showing a continued flight from the city over the summer.

Gold prices hit a new record close of $2,021 per ounce overnight — settling above $2,000 for the first time.

Glencore became the first major mining company to scrap its dividend, saying on Thursday the economic outlook was too uncertain because of the coronavirus pandemic.

Bank of England Governor Andrew Bailey has denied suggestions that the central bank's economic outlook is too optimistic in the wake of its latest monetary policy report.

His comments came after the BOE's Monetary Policy Committee voted unanimously to keep benchmark interest rates at an all-time low of 0.1%.

The government announced an investigation to determine within five days the exact cause of the explosion and "who was responsible."

Officials said the explosion was caused by 2,750 tons of ammonium nitrate that was stored unsecured in a warehouse at Beirut's port for six years.

Amazon CEO Jeff Bezos this week sold more than $3.1 billion worth of shares in his company, according to filings with the Securities and Exchange Commission.

The Bank of England has held interest rates steady and maintained its existing level of asset purchases, but warned it is anticipating a slower economic recovery from the coronavirus crisis.

Business activity in China has recovered quickly from the start of the coronavirus health crisis, the CEO of one of Europe's largest manufacturers told CNBC.

Net profit at DBS fell to 1.25 billion Singapore dollars ($912.9 million) in the second quarter — down from 1.6 billion Singapore dollars a year ago but beating Refinitiv estimates of around 1.19 billion Singapore dollars.

China's economic growth indicators are lopsided, pointing to possible downside risks for the country in the second half of 2020 as it tries to recover from the coronavirus pandemic, said an expert on Thursday.

The coronavirus has infected more than 18.8 million people around the world as of Wednesday, killing at least 707,666 people.

The Southeast Asian region would experience a "U-shape" economic recovery at best, said Euben Paracuelles, chief Asean economist at Nomura.

Chinese State Councilor and Foreign Minister Wang Yi said "today's China is not the former Soviet Union" and accused the U.S. for attempting to start a Cold War.

North Korean leader Kim Jong Un met with ruling Workers' Party officials on Wednesday where they discussed sending food and funds to the inter-border town of Kaesong, state media reported Thursday.

The Philippine economy marked its first recession in 29 years, hammered by one of the world's longest and strictest coronavirus lockdowns in the second quarter, the statistics agency said Thursday.

Music is a priority for Twitch, particularly K-pop — the music genre from South Korea that has grown in popularity over the years, according to Sunita Kaur.

The destruction wreaked on Lebanon's capital Tuesday that killed more than 135 people is in the "billions" of dollars, the country's central bank told CNBC Wednesday.

All of Nikola's revenue in the second quarter was connected to solar installations for one of the company's executives.