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TikTok has made a case for self-regulation of content shared on social media platforms, as Malaysia’s government ploughs ahead with plans to tighten laws governing social media in the country with a binding licence.
TOKYO -- Japanese online marketplace Mercari on Tuesday posted a group net profit of 13.4 billion yen ($91.3 million) for the year ended June 30, buoyed by robust operations at home even as its U.S. segment has struggled.
Chipotle stock fell as much as 10% on Tuesday as the company announced CEO Brian Niccol would be leaving his role on Aug. 31 to become CEO of Starbucks. The stock closed down 7% for the day.
SINGAPORE -- Shares in Sea soared in early New York trading on Tuesday after the Singapore-based technology company raised its guidance for its Shopee e-commerce arm, which drives the lion's share of its revenue.
HONG KONG -- Rich Chinese looking to invest offshore are hitting new roadblocks, as authorities step up scrutiny of a cross-border investment mechanism.
HONG KONG -- Cambodian casino operator NagaCorp said it will log an impairment charge of nearly $100 million on a Russian gambling project stalled by the Ukraine war, potentially dragging its earnings into negative territory.
Ukraine's audacious incursion into Russian border territory a week agocame as a surprise to many officials within the government in Kyiv, a senior Ukrainian official familiar with the matter told CNBC Monday — only a handful of people knew about the operation beforehand,and government officials have since been ordered to be in "silent mode" as to its strategic goals.
Duterte had named Quiboloy as his spiritual adviser during his time in office. The father of Vice-President Sara Duterte-Carpio continues to show support for the pastor, condemning the current Philippine administration for “demonising” Quiboloy, who faces human trafficking and fraud allegations.