Macau Financial News

24.08 / 01:13

UPS Citi Target Digital Cross-border Digital Yuan ‘Spurs Rise in Mainland China-Hong Kong Cross-border Payments’

The Chinese digital yuan pilot’s spread to Hong Kong may be playing a part in driving up cross-border payments, media outlets have suggested.

15.08 / 12:57

Manufacturing Pool DISH country Singapore allows restaurants to hire cooks from India to combat manpower shortage

Singapore has added cooks from India to its list of permissible hires, widening its recruitment pool for certain job positions in the services and manufacturing sectors. Traditionally, employers in Singapore's services and manufacturing sectors have primarily sourced work permit holders from China, Malaysia, Hong Kong, Macau, South Korea, and Taiwan. The Ministry of Manpower has recently unveiled the application process for cooks in Indian restaurants in the city-state.

11.08 / 22:31

COST Booking Platform Wynn Resorts pulls the plug on WynnBET in certain US markets

(Reuters) — Wynn Resorts (NASDAQ:WYNN) is winding down its online sports betting and iGaming platform, WynnBET, in certain U.S. states due to a lack of clear rules and higher customer acquisition costs, the casino operator said on Friday.

11.08 / 01:01

Adoption white house Military generative AI Pentagon forms ‘Task Force Lima’ to map generative AI for US defense

The United States Pentagon has launched a new task force to look into how generative artificial intelligence can be used for the nation’s defense.

10.08 / 21:01

UPS DOW Disney show Stock market today: Dow rides Disney rally to close higher despite rising yields

Investing.com — The Dow closed higher Thursday, supported by a jump in Disney after giving up the bulk of its gains as a climb in Treasury yields weighed on sentiment even as data showed further signs of easing inflation.

10.08 / 14:51

Entertainment Vietnam EV maker VinFast gets SPAC shareholders' nod to list in US

HANOI (Reuters) — Shareholders of Black Spade Acquisition, a Hong Kong-based blank-cheque company, on Thursday approved a merger with Vietnam's electric automaker VinFast, allowing the carmaker to list in the United States this year.

10.08 / 14:35

Technology regulation U.S. US and China AI-tech standoff shows signs of spreading to other countries

The emergence of high-level artificial intelligence (AI) technology has caused the United States and China to safeguard their resources in a race to develop the most powerful systems.

10.08 / 12:45

Provident Disney Entertainment Tapestry film performer fall Disney, Capri, Sonos, Wynn Resorts rise premarket; Tapestry, Penn fall

Investing.com — U.S. futures rose Thursday, with investors awaiting a key inflation release which could provide clues towards future Federal Reserve interest rate decisions.

09.08 / 22:51

Target Reuters Manufacturing Action Software country electronic Explainer Explainer-US starts process to restrict some investment in key tech in China

By Andrea Shalal and Karen Freifeld

04.08 / 13:49

Citi Lowe's show country China’s Latest Problem: People Don’t Want to Go There

Covid pandemic. Nationwide, just 52,000 people arrived to mainland China from overseas on trips organized by travel agencies during the first quarter, the latest period for which national data is available, compared with 3.7 million in the first quarter of 2019. As in past years, nearly half of the visitors came from the self-ruled island of Taiwan and the Chinese territories of Hong Kong and Macau, rather than farther-away places like the U.S.

20.07 / 07:23

Citi Provident Digital beautiful electronic Cross-border 200+ Hong Kong Stores Accept Digital Yuan – China’s CBDC Goes Cross-border

Over 200 Hong Kong stores now accept digital yuan payments, banks have claimed, as China looks to take its CBDC into the cross-border space.

13.07 / 14:11

Target NYSE VinFast's SPAC partner for US listing extends its lifespan by one year

HANOI (Reuters) — Shareholders of Black Spade Acquisition, a special purpose acquisition company (SPAC) that planned to merge with Vietnam's electric automaker VinFast by this month to allow a U.S. listing, voted on Thursday to extend its lifespan by a year.

09.05 / 21:31

Provident Target CEO Software Occidental Akamai Stocks making the biggest moves after hours: Airbnb, Twilio, Rivian, Occidental Petroleum and more

Check out the companies making headlines after the bell:

24.04 / 13:31

Blockchain CBDC Adoption regulation Yuan China to expand CBDC use case for Belt and Road Initiative

China is expanding the use cases for its central bank digital currency (CBDC) called digital yuan or e-CNY for its Belt and Road initiative and cross-border trades. The digital yuan a.k.a. digital RMB was one of the first CBDCs to be developed and widely tested. While there hasn’t been an official launch, the government has expanded its testing parameter to include multiple cities and millions of people.

12.04 / 09:47

UPS Citi CBDC Digital Mobile 420,000+ Merchants in Changsha, China Accept CDBC Pay – Is Digital Yuan Adoption on the Rise?

More than 420,000 merchants in Changsha, China, now accept payments in the digital yuan, China’s central bank digital currency (CBDC).

31.03 / 13:09

Digital Man Citizens CNY China’s Digital Yuan Makes Import Tax, Commerce Breakthroughs – Are CBDCs Going Global?

Central bank digital currency (CBDC) adoption continues apace in China – where the digital yuan is breaking new ground in the worlds of import taxation and cross-border commerce.

24.03 / 15:03

UPS Citi Digital Platform Cross-border Digital Yuan Adoption Drives Now Focusing on Cross-border Pay – Are CBDCs Set to Take Over?

A growing number of Chinese government city authorities, banks, and firms are looking to adopt the digital yuan as a payment tool – as the central bank digital currency (CBDC) rollout continues to intensify.

17.02 / 14:19

China Begins Hong Kong ‘Cross-Border’ Digital Yuan Pilot

Shenzhen, China, has begun a retail-focused “cross-border” digital yuan pilot with Hong Kong.

01.02 / 14:15

UPS Citi Digital Citizens Changsha, China: 300,000 of Our Merchants Accept Digital Yuan

Over 300,000 stores and vendors in Changsha, China, now accept digital yuan payment – as the central bank digital currency continues to break new ground in the country.

19.12 / 15:43

FTX OKX reports Withdrawals Leading Crypto Exchange Reports Outage for Several Hours with Deposits and Withdrawals Affected – Here’s What Happened

OKX has released an update regarding its recent outage that existed for around seven hours, saying that it was due to hardware issues with its cloud service provider.

26.09 / 20:39

UPS Stocks making the biggest moves midday: Wynn Resorts, Planet Fitness, AMC, Lyft and more

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