Malaysia Central Bank Moves to Support Ringgit Amid Foreign Fund Outflows 
Asian Stocks Slide as AI Rally Pauses, South Korean Chipmakers Lead Regional Decline 
Australia Inflation Cools in May, But Core CPI Keeps RBA Rate Hike Risks Alive 
Alphabet Stock Slides as AI Talent Exodus and SpaceX Losses Shake Investor Confidence 
Baseten Secures $1.5 Billion Funding at $13 Billion Valuation Amid AI Infrastructure Boom 
FedEx Stock Drops After Weak 2026 Earnings Forecast Despite Strong Q4 Results 
Tesla and NatPower Partner on $5 Billion Battery Storage Expansion in Europe 
Cerebras Revenue Forecast Tops Expectations, but Margin Concerns Weigh on Stock 
Singapore Inflation Stays Muted in May as Core CPI Misses Forecasts Ahead of MAS Review 
Japan Keeps Markets Guessing as Yen Nears 40-Year Low, Raising Intervention Risks 
China Keeps Loan Prime Rates Unchanged for 13th Straight Month as Policymakers Prioritize Credit Demand Recovery 
Yen Near 40-Year Low as USD/JPY Approaches Key 162 Level, Raising Intervention Concerns 
SpaceX Stock Rebounds After Sharp Selloff, But Valuation Concerns Persist 
Dollar Holds Firm as U.S.-Iran Talks Ease Tensions, GBP/USD Slips Amid UK Political Uncertainty 
Oracle Cuts 21,000 Jobs as AI Reshapes Workforce and Cloud Expansion Accelerates 
KPMG Australia Chairman and Senior Partners Exit Amid Escalating Whistleblower Scandal 
Paypal Holdings and Live Nation Entertainment Inc. announced on Monday, April 3, that they have signed an agreement that will make the American financial technology company the preferred payment partner of Ticketmaster.
PayPal and Live Nation Entertainment agreed to a multi-year strategic partnership that will make buying tickets easier for fans. People will now have more payment options when they buy tickets in about 21 countries.
As per RTT News, with the collaboration, ticket buyers can pay using PayPal, including its PayPal Pay Later option. They can also choose Venmo, the mobile payment service owned by the Palo Alto-headquartered fintech firm, to pay for tickets across Ticketmaster's platform.
Moreover, it was mentioned that PayPal Braintree would become the main payment processor of Ticketmaster, and this will give fans direct access to event add-ons such as products and parking for purchase. The deal between PayPal and Live Nation also includes a scaled-up global marketing program to push wider engagement in addition to fan loyalty via offers and experiences.
For instance, a limited number of ticket buyers will be given discounts and cashless credits when they buy tickets for Lollapalooza, Bottlerock, and Bonnaroo music festivals. This offer is being given so fans can make the most of the live events that they will be attending.
"PayPal's scale and ability to provide payments options in global markets comes from the company's experience over several decades and has resulted in a strong reputation among consumers as a trusted payment method2," PayPal’s executive vice president of global sales, Peggy Alford, said in a press release.
She added, "Our data shows that consumers are nearly three times more likely to finish buying a ticket to a live entertainment event when they see PayPal as a checkout option, demonstrating the value the PayPal brand brings to this partnership3.”
Ticketmaster’s president, Mark Yovich, also commented, "Our goal is to seamlessly connect artists and event organizers with fans wherever they are in the world, and PayPal helps us take that to the next level with a truly global-reaching payments solution.”
