Month: May 2025
The world’s best airport is building a mega terminal to ride the travel boom in Asia
Asia is set to see a travel boom, and countries in the region are gearing up to exploit this surge in demand. Singapore’s Changi Airport on Wednesday broke ground on its fifth terminal, which is expected to be operational in the mid-2030s. The new terminal, which sits on a plot of land 1,080 hectares large, […]
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Walmart will report earnings before the bell. Here’s what to expect
People shop at a Walmart in Rosemead, California, on April 11, 2025. Frederic J. Brown | Afp | Getty Images Walmart will report its quarterly earnings before the bell on Thursday, as investors and economists gauge the strength of the U.S. consumer and the impact of higher tariffs on the retail industry. Here’s what Wall […]
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He lives in Thailand but ‘supercommutes’ to Singapore—living off what he makes from 3 hours a week
Shao Chun Chen moved to Chiang Mai, Thailand, in late 2024. Courtesy of Shao Chun Chen Shao Chun Chen used to work more than 40 hours a week in his corporate career in Singapore. Now, he has a three-hour-a-week job that sustains his and his family’s life in Thailand. The 39-year-old grew up in Singapore […]
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Asia-Pacific markets fall as investors assess U.S.-China trade developments
© Marco Bottigelli | Moment | Getty Images Asia-Pacific markets fell Thursday, after mostly gaining in the previous session on easing U.S.-China trade tensions. Japan’s benchmark Nikkei 225 fell 0.90%, while the Topix lost 0.75%. South Korea’s Kospi declined 0.29% while the small-cap Kosdaq slipped 0.37%. Australia’s benchmark S&P/ASX 200 lost 0.24%. Hong Kong’s Hang […]
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CNBC Daily Open: Nvidia is back in the green amid Trump’s dealmaking
NVIDIA CEO Jensen Huang and U.S. President Donald Trump shake hands at an ‘Investing in America’ event in Washington, D.C., U.S., April 30, 2025. Leah Millis | Reuters The “Magnificent Seven” group of stocks — comprising Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia and Tesla — drove much of the S&P 500’s sterling 23.31% gain […]
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UnitedHealth under criminal probe for possible Medicare fraud, report says
Bloomberg | Bloomberg | Getty Images The U.S. Department of Justice (DOJ) is investigating UnitedHealth Group for possible Medicare fraud, the Wall Street Journal reported on Wednesday. While the exact nature of the criminal allegations are unclear, the Journal said, citing people familiar with the matter, the probe by the healthcare-fraud unit of the DOJ’s criminal division is […]
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The Trump franchise is expanding in the Middle East — and so are ethical concerns
President Donald Trump brushed off questions Wednesday over ethical concerns about the growing Middle East footprint of his family business, as his trip in the region takes him to three countries with Trump-branded ventures. On Wednesday, Trump told reporters on Air Force One that he didn’t know how an Emirati-backed firm had struck a deal with the Trump family company’s digital coin for $2 billion. “I […]
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Top Iranian official says Tehran would forego highly enriched uranium in nuclear deal with Trump
Iran is ready to sign a nuclear deal with certain conditions with President Donald Trump in exchange for lifting economic sanctions, a top adviser to Iran’s supreme leader told NBC News on Wednesday. Ali Shamkhani, a top political, military and nuclear adviser to Iranian Supreme Leader Ayatollah Ali Khamenei, is one of the most senior […]
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S&P 500 futures slip after index posts third consecutive winning day: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 14, 2025. REUTERS/Brendan McDermid Brendan Mcdermid | Reuters S&P 500 futures slipped in overnight trading after the broad market index strung together a third consecutive advance in reaction to the Trump administration and China hammering out a […]
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Kennedy sidesteps vaccine questions: ‘I don’t think people should be taking medical advice from me’
Health and Human Services Secretary Robert F. Kennedy Jr. on Wednesday sidestepped a question about vaccines and whether he would choose to vaccinate his children today against a number of diseases, saying, “I don’t think people should be taking medical advice from me.” Kennedy’s comment was in response to Rep. Mark Pocan, D-Wis., during a […]
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