In the shadow of the Grand Lisboa, the Macau casino world-famous for its “golden lotus” design, fashion boutique owner Suzanne Leong wonders if the economic miracle that initially made her fortune has now cast her aside.The Chinese casino hub once again tops the world in gaming revenue in 2024 as visitors return after the Covid-19 …
Chinese casino hub Macau struggles to evolve beyond gaming Read More »
Asian markets fluctuated Tuesday as attention turned to the Federal Reserve’s upcoming policy decision, with traders hoping for guidance on its interest rate plans as president-elect Donald Trump prepares to take office.The decision, which is expected to see officials lower borrowing costs again, comes in a busy week for central banks, with announcements in Japan …
Asian markets mixed as Fed gears up for interest rate decision Read More »
TikTok asked the US Supreme Court on Monday to temporarily block a law that would force its Chinese owner to sell the popular online video-sharing platform or shut it down a month from now.The appeal to the nation’s top court came on the same day that TikTok Chief Executive Shou Zi Chew met with US …
TikTok asks Supreme Court to temporarily block looming US ban Read More »
Global shares mostly retreated Monday as markets awaited a Federal Reserve interest rate decision while concerns over political battles in Europe and China’s struggling economy pressured equities.The Nasdaq was the day’s outperformer, surging more than one percent to a fresh all-time high behind big gains for Broadcom, Google-parent Alphabet and other tech names.But the Dow …
Global stocks mostly fall, bitcoin soars to new peak Read More »
US President-elect Donald Trump on Monday praised Japan’s SoftBank for its decision to invest $100 billion in the United States and create 100,000 new jobs, a big win for his incoming administration.”This historic investment is a monumental demonstration of confidence in America’s future,” Trump said during a press conference at his Mar-a-Lago residence in Florida, …
Trump touts $100 bn SoftBank investment, vowing 100,000 jobs Read More »
The Japanese tech titan SoftBank will invest $100 billion in the United States, creating at least 100,000 jobs, US President-elect Donald Trump said Monday, in a boost to his incoming administration.”This historic investment is a monumental demonstration of confidence in America’s future,” Trump said during a press conference at his Mar-a-Lago residence in Florida. “It …
SoftBank pledges to invest $100 bn into US, creating 100,000 jobs Read More »
Global shares stalled Monday ahead of an expected US interest-rate cut later this week while concerns over political battles in Europe and China’s struggling economy sent other world markets lower.Wall Street offered little cheer as the Dow marked time although the tech-heavy Nasdaq and the broad-based S&P 500 were just in the green some two …
The head of Japan’s SoftBank is set to announce plans on Monday to invest $100 billion in the United States over the next four years, a spokesperson for US President-elect Donald Trump’s transition team told AFP.SoftBank’s billionaire chief executive Masayoshi Son and Trump are expected to jointly announce the planned investment at the president-elect’s Mar-a-Lago …
SoftBank CEO set to announce $100 bn US investment Read More »
The head of Japan’s SoftBank is set to announce plans on Monday to invest $100 billion in the United States over the next four years, a spokesperson for US President-elect Donald Trump’s transition team told AFP.SoftBank’s billionaire chief executive Masayoshi Son and Trump are expected to jointly announce the planned investment at the president-elect’s Mar-a-Lago …
SoftBank CEO set to announce $100 bn US investment Read More »
Wall Street shares mostly rose Monday ahead of an expected US interest-rate cut later this week while concerns over political battles in Europe and China’s struggling economy sent other world markets lower.Bitcoin, meanwhile, hit a new record high at $106,493.43 as it continues to gain support from Donald Trump’s backing of cryptocurrencies.In New York, the …
