2d atrás
Companies shift operations from Singapore to Malaysia as cost gaps widen
Several firms have recently moved parts of their operations from Singapore to Malaysia, citing lower overheads, tax incentives and room to expand. H&M said in May it will move its Southeast Asia HQ to Kuala Lumpur, affecting 78 roles, while Gardenia said on May 20 it will cut 141 jobs in Singapore as production shifts to Malaysia. Commentators said many businesses are relocating select functions rather than fully exiting Singapore, where higher-value roles often remain.
2d atrás
2d atrás
Polymarket and Kalshi World Cup Winner Markets Top $2B as Spain, France Lead
Traders on Polymarket and Kalshi have put more than $2 billion into 2026 FIFA World Cup winner contracts, with Spain and France listed as the top contenders. As of 3:30 p.m. EDT on June 10, 2026, Spain was priced at 16.5% on Polymarket and 17.4% on Kalshi, while France hovered near 16.1%. Opening-match markets also show Mexico as the largest single-game favorite at 70% with $1.86 million in volume.
BTC
BTC+0.92%
2d atrás
2d atrás
2026 World Cup travel demand looks uneven across host cities as kickoff nears
The 2026 World Cup begins Thursday in Mexico City and runs through mid-July, but early indicators suggest the tourism upside for U.S. businesses will vary by city and by match. Sojern’s booking data shows year-over-year flight gains in places like Houston, Dallas-Fort Worth, Miami and New York, while Seattle is tracking lower than last year. FIFA has projected up to $17.2 billion in U.S. GDP impact, though Deutsche Bank said the net lift could be limited given the size of the U.S. economy.
2d atrás
2d atrás
CFTC's June 10 proposal outlines federal review path for sports prediction markets
On June 10, the U.S. Commodity Futures Trading Commission proposed a framework to evaluate prediction-market event contracts, indicating sports-related contracts may keep operating under federal supervision instead of being broadly banned. The plan sets a 90-day, contract-by-contract review and revises key terms such as "gaming", as the agency reported prediction-market trading volume topped $25 billion in 2025.
BTC
BTC+0.92%
2d atrás