Day: December 23, 2024
Macao is becoming a city of sports and entertainment, Sands China CEO says, as President Xi urges diversification
Sands China CEO and President Grant Chum said Macao was diversifying its economy away from gaming to become “a city of sports and … a city of entertainment,” during Chinese President Xi Jinping’s visit to the city that concluded Friday. In an interview on “Squawk Box Asia,” Chum cited a deal announced in early December […]
Read More
Singapore Post fires chief executive over handling of whistleblower report
The Singapore Post sign at a post office in Singapore November 2, 2015. Thomas White | Reuters Singapore Post said on Sunday it had dismissed its chief executive and two other senior managers after an internal investigation found they had mishandled whistleblower allegations about misconduct by company employees. The firm’s shares slumped by the most in over […]
Read More
Murdoch’s News Corp to sell Foxtel to Britain’s DAZN for $2.1 billion
Foxtel headquarters are seen at North Ryde on June 20, 2012 in Sydney. Cameron Spencer | Getty Images News | Getty Images News Corp and telco Telstra have agreed to sell their Australian cable TV and streaming company Foxtel to British sports platform DAZN, valuing the struggling business at A$3.4 billion ($2.1 billion), including debt. As part […]
Read More
Asia markets begin Christmas week higher; Nissan-Honda merger deal in focus
Couple looks at light-emitting diode illuminations ahead of Christmas in Tokyo, Japan Kiyoshi Ota | Bloomberg | Getty Images Asia-Pacific markets started the holiday-shortened Christmas week on a positive note, after a U.S. government shutdown was averted over the weekend. On Monday, investors will be looking out for any official announcement related to the merger […]
Read More
CNBC Daily Open: With cooler-than-expected PCE, would the Fed’s dot plot have looked different?
A customer, holding a carton of eggs at a supermarket, in United States on Dec. 20, 2024. Secuk Ancar | Anadolu | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. […]
Read More