Region Macau Financial News

01.04 / 20:39

GameStop DELL BlackBerry Stocks making the biggest moves midday: Tellurian, Wynn Resorts, Snap, Walgreens and more

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29.01 / 17:33

markets Strategy Experts Celebrity travelers gatherings Year of the Snake: Customs, predictions, and everything else you need to know about Lunar Year 2025

Year of the Snake with vibrant celebrations, cultural traditions, and hopes for prosperity. From temple rituals in Hong Kong to grand festivities in Moscow, the occasion was observed on a global scale.

18.12 / 11:29

markets BLOCK Waters CEO Fitch country testing China's CATL is planning a major expansion of battery swapping for electric vehicles

The world’s largest maker of batteries for electric vehicles says it will get into battery swapping in China in a big way starting next year

14.10 / 20:45

Citi security economy Election President Universities Courts An ex-judge from mainland China is set to take Macao's top job. What's at stake for the casino hub?

Some 400 pro-establishment electors are set to approve the sole candidate for Macao’s chief executive job on Sunday, making him the Chinese casino hub’s first leader born in mainland China

14.10 / 12:12

UPS Citi security economy Election Universities Macao's former top judge is chosen as the Chinese casino hub's first leader born in mainland China

Macao’s former top judge has been chosen the Chinese casino hub’s next leader

30.09 / 02:29

Citi security economy Election Universities Courts The sole candidate for Macao's leader pledges to diversify the casino city's economy

The sole candidate in the election for Macao’s next leader has pledged to diversify the economy of the Chinese casino city, a goal previously laid out by Beijing

13.07 / 13:39

Funding DWF Labs DWF Labs Launches $20M Cloudbreak Fund for Chinese Projects

DWF Labs, a market maker and Web3 investment firm has launched the $20 million Cloudbreak Fund to support projects and founders in Chinese-speaking regions.

28.06 / 04:35

Citizens Progressive Election President travelers guidelines Taiwan urges citizens to avoid travel to China, Hong Kong Macao following Beijing threats

Taiwan has urged its citizens to avoid travel to China and the semi-autonomous Chinese territories of Hong Kong and Macao following threats from Beijing to execute supporters of the self-governing island democracy's independence. Spokesperson and deputy head of the Mainland Affairs Council Liang Wen-chieh issued the advisory at a news conference Thursday. That came amid growing threats from China, which claims Taiwan as its own territory to be annexed by force if necessary.

29.01 / 05:11

markets Research wellness trends show reports travelers China's luxury market is bouncing back with new areas of opportunity

BEIJING — China's luxury sales are rebounding, and while they're not back to 2021 levels yet, industry analysts and financial releases from major brands point to new growth opportunities versus pre-pandemic trends.

25.01 / 00:41

Digital Tesla IBM Seagate reports After-hours movers: Tesla disappoints, IBM shines

After-Hours Stock Movers:

28.12 / 12:59

HKbitEX Collaborates with Shanghai Technology Exchange for Asset Tokenization Solutions

The Hong Kong-based digital asset exchange, HKbitEX, partners with Shanghai Technology Exchange to develop asset tokenization (RWA) solutions for tech companies, supported by China’s Ministry of Science and Technology and Shanghai municipal government.

09.11 / 10:19

business Adoption Standard Chartered’s venture arm to set up crypto fund in UAE

SC Ventures, the fintech investment arm of British bank Standard Chartered, will establish a “Digital Asset Joint Venture” investment company in the United Arab Emirates in partnership with a Japanese financial conglomerate, SBI Holdings.

17.10 / 19:34

Manufacturing President country concert reports Department prevention Updates The Commerce Department updates its policies to stop China from getting advanced computer chips

The Commerce Department has updated and broadened its export controls to stop China from acquiring advanced computer chips and the equipment to manufacture them

16.09 / 07:53

COST UPS Provident Apple show country iPhone 15 Pro Max sells out in under an hour during pre-order rush: Report

iPhone 15 series began in multiple countries on September 15. Interestingly, in less than one hour from the start of pre-orders, the iPhone 15 Pro Max had completely sold out, and most color and configuration options now show a 2-3 week waiting period. The report from the publication also noted that if customers are unable to purchase the larger iPhone during the pre-sale event, their options would be to try their luck next Friday when general sales commence, or alternatively, they may need to wait until at least October to acquire this device.

13.09 / 06:47

UPS Citi Digital CNY ICBC More Chinese Firms Paying Workers in Digital Yuan

More Chinese companies are using the digital yuan to pay their workers, as Beijing looks to spur the adoption of its CBDC.

20.07 / 14:15

Progressive Entertainment Morningstar Las Vegas Sands second-quarter revenue beats Wall Street estimates

By Doyinsola Oladipo

19.07 / 04:35

FIVE Citizens VISA Mobile Indian index Henley Passport Index 2023: Indian citizens can travel to 57 countries visa free. Check full list here

India has significantly improved its passport ranking by rising 5 spots from last years and is now ranked 80th in the latest Henley Passport Index. Owning to this, Indians can travel to 57 destinations completely visa free or visas on arrival arrangements. However, it is to be noted here that India has scored poorly in mobility.

04.07 / 04:19

Platform Tesla BMW Mercedes-Benz NVIDIA Audi BYD launches its most direct Tesla competitor yet

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04.07 / 02:23

Citi Digital CEO Strategy boost OCBC is looking to Greater China and Southeast Asia for a $2.2 billion boost in revenue

Singapore'sOversea-Chinese Banking Corporation has set its sights on «longer term opportunities» in Greater China and Southeast Asia and expects the strategy to bring an additional revenue of $2.2 billion by 2025, CEO Helen Wong told CNBC on Monday.

10.06 / 06:41

UPS Provident Digital Enterprise PwC BAY Future Standard Shaping the Future of Banking: Standard Chartered and PwC China Release White Paper on Central Bank Digital Currency"

Standard Chartered, in collaboration with PwC China, have co-published a comprehensive white paper detailing the potential advancements in the future of banking, courtesy of Central Bank Digital Currency (CBDC). This report highlights the benefits that CBDCs could offer in retail sectors, international trade, and supply chain finance, as well as their potential to enhance customer loyalty programs and provide innovative supply chain financial solutions.

08.06 / 08:19

Citi Cooper Platform Strategy HSBC Financial UAE Central Bank and Hong Kong Monetary Authority Bolster Financial Ties

The Central Bank of the United Arab Emirates (CBUAE) and the Hong Kong Monetary Authority (HKMA) convened a bilateral meeting on May 29, intending to amplify cooperation in the financial services arena between the two regions.

01.06 / 22:03

CBDC Adoption retail Standard Standard Chartered, PwC make case for programmable CBDC in China Greater Bay Area

British multinational bank Standard Chartered and PwC China have teamed up to produce a white paper on applications for central bank digital currency (CBDC) in the so-called Greater Bay Area of China – Guangdong Province, Hong Kong and Macao. Programmability will make all the difference, they concluded.

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