Author: i2wtc
Tourists visits Gyeongbokgung Palace in Seoul, South Korea, Aug. 6, 2025. South Korea will grant visa-free entry to Chinese group tourists for nine months beginning in late September as part of efforts to boost local tourism, the prime minister’s office said Wednesday. (Xinhua/Yao Qilin)SEOUL, Aug. 6 (Xinhua) — South Korea will grant visa-free entry to Chinese group tourists for nine months beginning in late September as part of efforts to boost local tourism, the prime minister’s office said Wednesday.Prime Minister Kim Min-seok presided over a meeting to revitalize domestic tourism, deciding to allow Chinese group tourists to be exempted from…
Listen to article ISLAMABAD: The Election Commission of Pakistan (ECP) on Tuesday delivered a major blow to PTI’s parliamentary muscle, disqualifying several of the party’s top opposition leaders on the day it marked the second anniversary of Imran Khan’s arrest with countrywide protests. The axe fell hard, sweeping away the party’s parliamentary leadership in both houses, following a recent ruling by an anti-terrorism court (ATC) in Faisalabad. The court handed down prison sentences of up to 10 years to over 100 PTI leaders and workers, including key opposition figures, for their alleged involvement in the May 9 riots, triggered by Khan’s dramatic…
President Donald Trump is taking a victory lap over the foreign investment pledges he has secured as part of several recent trade deals, variously describing the multi-billion dollar commitments as a “signing bonus” and “seed money” and a “gift.””If you look at Japan, we’re taking in $550 billion and that’s like a signing bonus that a baseball player would get,” Trump said Tuesday on CNBC’s “Squawk Box.”Of the European Union, he said, “They brought down their tariffs, so they paid $600 billion and because of that, I reduced their tariffs from 30% down to 15%.””They gave me $600 billion, and that’s a…
A general view of the ESPN Monday Night Countdown booth prior to the game between the Jacksonville Jaguars and the Cincinnati Bengals at EverBank Stadium in Jacksonville, Florida, on Dec. 4, 2023.Mike Carlson | Getty ImagesESPN will launch its new flagship streaming service — also named ESPN — on August 21.Disney’s ESPN has been working on the all-in-one streaming app for some time in preparation for a launch this coming fall.The app launches ahead of the upcoming NFL season — the highest rated live sports content — as well as the start of college football, where ESPN has expanded its…
The World Games Village stands ready in Chengdu, southwest China’s Sichuan Province, on August 3, 2025. (Xinhua/Wang Xi)CHENGDU, Aug. 6 (Xinhua) — As Chengdu prepares to host the World Games, the city has placed sustainability, frugality and environmental responsibility at the center of its venue planning and construction.All 27 competition venues have been completed, with organizers pursuing a “renovate or reuse” approach rather than building new facilities. Temporary structures from the 2024 ITTF Mixed Team World Cup have been reused for kickboxing and Muaythai, reducing the need for new construction.”We reduced the number of newly built temporary structures, reusing nearly…
Listen to article ISLAMABAD: Justice Mohsin Akhtar Kayani of the Islamabad High Court (IHC) has highlighted the issue of monetary corruption in various institutions including judiciary, noting that he knows exactly which of “our judges” are corrupt. “I know exactly how money is being collected in institutions. Does the deputy commissioner not know who among his staff is corrupt? “Even the courts are part of this corrupt system. I know well which of our judges are involved. If they had the authority, they would legalise bribery,” the IHC senior puisne judge said while hearing a case related to the recruitment of patwarisland…
Dara Khosrowshahi, CEO of Uber, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22, 2025.Gerry Miller | CNBCUber reported second-quarter results on Wednesday that beat on revenue and announced the authorization of a $20 billion stock buyback.Here’s how the company did versus analysts’ estimates compiled by LSEG:Earnings per share: 63 cents vs. 63 cents expected.Revenue: $12.65 billion vs. $12.46 billion expected.Here are the key segment numbers:Mobility (gross bookings): $23.76 billion, up 18% year over yearDelivery (gross bookings): $21.73 billion, up 20% year over yearUber’s revenue increased 18% from $10.7 billion a year earlier. For the quarter ending June 30, net income…
An Energy Star sign on a building.Lynne Gilbert | Moment Mobile | Getty ImagesA version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox.Most people think of Energy Star as the little blue sticker on their appliances that tells them they will see some measure of energy-efficiency savings on their utility bills. But Energy Star, a public-private partnership administered…
ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday ordered immediate reforms to simplify and expand access to low-cost agricultural loans for small and medium-scale farmers, terming it vital for boosting productivity and ensuring economic dignity for the rural population. While chairing a high-level review meeting in the federal capital, the premeir emphasised that small farmers must be treated with respect and given due facilitation, particularly when it comes to acquiring low-interest loans for their agricultural needs, a statement from the PM’s Office said. “Small-scale farmers face immense challenges in securing low-cost loans,” the premier noted, adding that “providing them with easier…
Key PointsPresident Donald Trump is putting pressure on the European Union to make investments worth $600 billion in the U.S.The pledge is part of the EU-U.S. trade agreement, which also includes 15% tariffs on EU goods.The EU has said the investment will come from the private sector.U.S. President Donald Trump is hailing a win after the European Union vowed to invest an additional $600 billion in the U.S. — although it’s unclear if the bloc can materialize its pledge. Asked in a Tuesday interview with CNBC what could happen if the EU fails to honor its commitment, Trump said, “Then…