Month: August 2025
Sri Lanka’s Vegas moment? Melco’s casino resort targets Indian tourists
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Melco’s City of Dreams Sri Lanka, South Asia’s first integrated casino resort, is targeting Indian tourists with luxury experiences beyond Colombo’s beaches. Gihan Cooray, Deputy Chairman of John Keells Holdings, says that the potential from Indian travelers is vast and waiting to […]
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U.S.-China high-stakes truce extension hangs in the balance as deadline looms
A man walks past China’s and USA’s flags before a meeting between US Treasury Secretary Janet Yellen and China’s Vice Premier He Lifeng at the Guangdong Zhudao Guest House in the southern Chinese city of Guangzhou, on April 5, 2024. Pedro Pardo | Afp | Getty Images The U.S. and China have yet to announce […]
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CNBC Daily Open: Chipping away at semiconductor revenues
U.S. President Donald Trump (L) listens as Nvidia CEO Jensen Huang speaks in the Cross Hall of the White House during an event on “Investing in America” on April 30, 2025 in Washington, DC. Andrew Harnik | Getty Images U.S. markets continue to ride the artificial intelligence wave, with the tech-heavy Nasdaq Composite closing at […]
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SoftBank founder Son makes his biggest bet by staking the Japanese giant’s future on AI
Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks at the SoftBank World event in Tokyo, Japan, on Wednesday, July 16, 2025. Kiyoshi Ota | Bloomberg | Getty Images Masayoshi Son is making his biggest bet yet: that his brainchild SoftBank will be the center of a revolution driven by artificial intelligence. […]
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Asia markets set for a mixed open as U.S.-China tariff truce deadline looms
Asia-Pacific markets were set to open mixed as traders awaited announcement on whether the Aug. 12 deadline for U.S.–China tariff truce would be extended. Source
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SoftBank selects banks for US IPO of payments app PayPay, Reuters reports
The logo of Japanese company SoftBank Group is seen outside the company’s headquarters in Tokyo on January 22, 2025. Kazuhiro Nogi | Afp | Getty Images SoftBank has selected investment banks to help organize a potential initial public offering in the United States for its Japanese payments app operator PayPay, according to two people familiar […]
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Nvidia and AMD to pay 15% of China chip sales revenues to the U.S. government, FT reports
A smartphone with a displayed AMD logo is placed on a computer motherboard in this illustration taken March 6, 2023. Florence Lo | Reuters Nvidia and Advanced Micro Devices have agreed to give the U.S. government a share of revenues from certain chips sold in China, the Financial Times reported, in an unprecedented arrangement with […]
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Stock futures tick higher ahead of key inflation data expected this week: Live updates
Traders work on the floor of the New York Stock Exchange on July 23, 2025. NYSE U.S. stock futures inched higher Sunday night, with the market once again on the cusp of all-time highs ahead of a week of key inflation reports. Dow Jones Industrial Average futures rose by 56 points, or 0.1%. S&P 500 […]
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European leaders rally behind Ukraine ahead of Trump-Putin meeting
European Union flags and a Ukrainian flag flutter outside the EU Commission headquarters in Brussels, Belgium, on Feb. 24, 2025. Yves Herman | Reuters European nations have rallied behind Ukraine, saying peace in the war-torn nation can’t be resolved without Kyiv, ahead of an upcoming meeting between U.S. President Donald Trump and Russia’s Vladimir Putin […]
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Netanyahu defends new military offensive in Gaza and says it will be wider than announced
Israeli Prime Minister Benjamin Netanyahu speaks during a press conference at the Prime Minister’s office in Jerusalem, Israel, on Aug. 10, 2025. Abir Sultan | Via Reuters Israeli Prime Minister Benjamin Netanyahu on Sunday defended a new military offensive in Gaza that’s more sweeping than previously announced, declaring in the face of growing condemnation at […]
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