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Galaxy Digital shares slip 5% after second-quarter results●We're adding to our position in a chipmaker as the AI trade regains its footing●Nigeria’s business activity hits five-month high in July – NESG●Fed's Kashkari says 'now is the time to start slowly moving' rates up●India considers merchant fees on select UPI payments- report●India bonds rally on 'dovish' RBI hold, lower oil prices●OpenAI agreed to pay $3.2 million to settle DOJ claims it favored foreign workers●Chinese and Western firms are teaming up even as governments fight●Galaxy Digital shares slip 5% after second-quarter results●We're adding to our position in a chipmaker as the AI trade regains its footing●Nigeria’s business activity hits five-month high in July – NESG●Fed's Kashkari says 'now is the time to start slowly moving' rates up●India considers merchant fees on select UPI payments- report●India bonds rally on 'dovish' RBI hold, lower oil prices●OpenAI agreed to pay $3.2 million to settle DOJ claims it favored foreign workers●Chinese and Western firms are teaming up even as governments fight●

Asia

Peninsula group to renovate Hong Kong flagship, Tokyo hotel in US$268m project

Business - South China Morning Post · 2h ago · 🇨🇳 China

Peninsula group to renovate Hong Kong flagship, Tokyo hotel in US$268m project

The owner of Hong Kong’s iconic Peninsula hotel plans to invest HK$2.1 billion (US$268 million) to renovate its flagship hotel in the city and its Tokyo property, betting on the long-term strength of the luxury travel market despite geopolitical uncertainty and volatile consumer demand. Hongkong and Shanghai Hotels (HSH), which owns and operates The Peninsula hotel chain, announced the renovation plan on Wednesday alongside interim results showing a return to profit after stronger performances...

Read the full story at Business - South China Morning Post →

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