Business

NEW YORK/WASHINGTON (Reuters) — The administration of President Donald Trump is working on a plan to save TikTok that involves tapping software company Oracle and a group of outside investors to effectively take control of the app’s operations, two people with knowledge of the discussions tol…

SEOUL (Reuters) — South Korea’s economy barely grew in the fourth quarter of 2024, missing market expectations, as domestic demand was hurt in part by the country’s worst political crisis in decades, raising bets for more fiscal and monetary support to revive growth. Gross domestic prod…

President Donald Trump delivers remarks on AI infrastructure, next to Oracle co-founder Larry Ellison, SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman at the Roosevelt room at White House in Washington, D.C., Jan. 21, 2025. (Reuters) — President Donald Trump on Tuesday announced a private sect…

Thomas Manglona II, founder of Marianas Press, along with his team join the Saipan Chamber of Commerce leadership for ceremonial ribbon cutting as a new SCC member. (SCC) —  The Saipan Chamber of Commerce proudly held a ribbon-cutting ceremony to welcome its newest member, Marianas Press, into the …

(SCC) — Håfa Adai and Tirow from the Saipan Chamber of Commerce! We are excited to invite you to our first general membership meeting of the year, scheduled for Wednesday, Feb. 5, 2025, from 11:30 a.m. to 1 p.m. at Queens Hall, Kensington Hotel Saipan. During this general membership meeting, chambe…

(SCC) — The Saipan Chamber of Commerce is gearing up for its upcoming Annual Business Person of the Year Gala, slated to take place on Saturday, Jan. 25, 2025, at the Hibiscus Hall, Crowne Plaza Resort with the theme “Under the Stars.” This gala is not only a celebration of business excellence in t…

SEOUL (Reuters) — South Korea’s central bank unexpectedly left its policy interest rate unchanged on Thursday, weighing the impact of its back-to-back cuts last year while supporting the won which weakened to a 15-year low versus the U.S. dollar in recent weeks. The Bank of Korea held its ben…

SINGAPORE (Reuters) — The dollar’s towering rally hit a speed bump on Wednesday as traders turned cautious ahead of a closely watched U.S. consumer inflation report due later in the day, making them hesitant to take on new positions. The greenback was stabilizing in the early Asian session af…

A VLCC oil tanker is seen at a crude oil terminal in Ningbo Zhoushan port, Zhejiang province, China on May 16, 2017. SINGAPORE (Reuters) — Supertanker freight rates jumped after the U.S. expanded sanctions on Russian oil trade and sent traders rushing to book ships to pick up supply from other coun…