Denmark's Foreign Minister Lars Loekke Rasmussen and Greenland's Foreign Minister Vivian Motzfeldt hole astatine the Danish embassy for a gathering with the U.S. Vice President J.D. Vance and Foreign Minister Marco Rubio that volition instrumentality spot astatine the White House, successful Washington D.C., U.S., January 14, 2026.
Mads Claus Rasmussen | Via Reuters
Top officials from Greenland, Denmark and the U.S. met astatine the White House Wednesday to sermon Washington's arguable bid to asseverate ownership implicit Greenland.
The league ended without an agreement, reflecting what Danish Foreign Minister Lars Lokke Rasmussen called a "fundamental disagreement" betwixt U.S. President Donald Trump and Copenhagen.
That's hardly surprising.
Even earlier convening successful the White House, Greenland has made it wide it volition "choose Denmark," portion Trump emphasized thing little than U.S. power of the land is "unacceptable."
There could beryllium worrying consequences. A imaginable equipped clash implicit Greenland would trigger "monumental consequences" for the Western confederation and the planetary order, Iceland's erstwhile President Olafur Ragnar Grimsson told CNBC.
On a abstracted overseas argumentation front, the president signaled much flexibility connected Iran. Trump indicated that helium might refrain from attacking the country due to the fact that "we've been told that the sidesplitting successful Iran is stopping" — though determination was a flimsy scare aboriginal Thursday stateside erstwhile Iran concisely closed its airspace for 5 hours.
Following Trump's comments, lipid prices fell astir 1.5% during Wednesday U.S. trading. However, planetary geopolitical turmoil, arsenic good arsenic Trump's evident onslaught connected the Federal Reserve's independence, is pushing up the prices of golden and silver. The second has already popped 26.6% wrong the archetypal 2 weeks of 2026.
Over successful U.S. markets, large indexes fell connected Wednesday, dragged down by spot stocks.
But they mightiness get a speedy recovery. Taiwan Semiconductor Manufacturing Co., the world's largest declaration spot manufacturer, reported a better-than-expected 35% summation successful fourth-quarter profit from a twelvemonth earlier.
In different words, request for artificial quality semiconductors isn't abating yet. Still, investors present person to marque the tricky equilibrium betwixt hedging against geopolitical risks and playing the AI theme.
What you request to cognize today
U.S. freezes caller migrant visas for 75 countries. In a station connected X, the U.S. authorities said immigrants from the database of countries "take payment from the American radical astatine unacceptable rates." CNBC has the full database here.
Toyota Industries deed grounds high. Shares roseate astir 6% to 19,080 yen ($120.41) pursuing Toyota Motor raising its tender connection price for buying retired the carmaker by much than 15%. The connection present stands astatine implicit $35 billion.
China opens Trip.com antitrust probe. The probe pertains to "suspected maltreatment of its ascendant marketplace position," according to a CNBC translation of the contention authority's connection successful Mandarin. Shares of the online question supplier plunged astir 22% connected the news.
Major U.S. indexes fell Wednesday. Chip stocks weighed connected markets, with Broadcom, Nvidia and Micron sliding. Asia-Pacific markets mostly declined Thursday. South Korea's Kospi, however, climbed astir 1.6% to adjacent astatine a grounds precocious arsenic the country's cardinal slope kept rates unchanged.
[PRO] Gold and metallic are smashing records. The precious metals had a monolithic rally successful 2025, and person started this twelvemonth without immoderate motion of that momentum losing steam. Here's why their ascents are not slowing.
And finally...
China’s AI spot firms are going nationalist fast. But its crown jewel is staying private
China's artificial quality spot assemblage has drawn dense capitalist involvement pursuing a drawstring of palmy archetypal nationalist offerings. But portion those recently listed firms person led marketplace gains, analysts accidental they are not starring China's effort to trim reliance connected Nvidia.
Instead, astir analysts constituent to tech elephantine Huawei and its secretive spot unit, HiSilicon, arsenic lasting retired among home competition, not lone successful technological advancement, but besides successful standard and its broader proviso chain. Huawei, however, is not expected to spell public.
— Dylan Butts
English (US) ·