Corporate Bits | Twentieth century fox plans theme park in korea

Initial plans for Twentieth Century Fox World Korea include a theme park spanning more than 75 acres of land, which will be part of a leisure resort more than 700

Bank of China hires in Hong Kong

Bank of China Ltd. is hiring traders and sales people in Hong Kong as it sets up a high-yield bond-trading platform to boost market share and cement its position as

Sydney set for biggest hotel boom since Olympics

Fourteen years after the last major hotel opened in Sydney’s center, 42 developers are competing to turn two 100-year-old government office buildings into accommodations as demand soars. Elsewhere in the city,

Corporate Bits | Paris Saint-Germain pre-season Game in Hong Kong

In preparation for the trip to Asia to face Hong Kong champions Kitchee FC, and to participate in the Trophée des Champions, Manager Laurent Blanc said that he is bringing

Draghi seen delivering USD1 trillion to banks in ECB offer

Mario Draghi’s newest stimulus tool will hand banks more than 700 billion euros (USD950 billion) of cheap funding, economists say. The European Central Bank (ECB) has identified lending to companies

Man United clinches USD1.3b Adidas kit deal

Manchester United has secured the most lucrative kit deal in football, announcing that Adidas has agreed to pay USD1.3 billion over 10 years to take over the sponsorship from Nike. The

Corporate Bits | CEM elects new board of directors and executive committee

Mr Xu Kaicheng, a master degree holder, also holds an honorary doctorate from Macau University of Science and Technology. He joined Shanghai Petrochemical General Factory in 1973. He has held

A look at China’s territorial disputes

Japan -  Beijing's dispute with Tokyo is by far its most bitter, centering on a chain of islands the Chinese call Diaoyu and Japanese call Senkaku. The uninhabited islands are

ANALYSIS | Hoping to project power, China finds itself alone

Jack Chang, Beijing Nearly three decades after Chinese leader Deng Xiaoping famously instructed his diplomats to "be good at maintaining a low profile and never claim leadership," a new generation of

Portugal Telecom falls as BES debt trips merger alarm

John Glover and Joao Lima Bonds and stocks of Portugal Telecom SGPS SA tumbled on concern that its merger with Brazil’s Oi SA will be undermined by its purchase of short-term

Corporate Bits | National Ballet of China ready for Venetian Theatre performances

The National Ballet of China is celebrating the 1964 debut performance of “The Red Detachment of Women,” by staging this well-known Chinese classical ballet; once again in major cities throughout

Japan’s USD187 billion pinball pastime bets on casinos

Yuki Yamaguchi Welcome!” two young women in shorts and Hawaiian shirts chime over the clatter of pinballs and J-Pop at the Million pachinko parlor in the Tokyo residential area of Suginami. “All

Deutsche Bank, TheStreet maintain LVS as a “buy”

For TheStreet, “these strengths outweigh the fact that the company has had a generally high debt management risk by most of the measures that we evaluated.” TheStreet Ratings Team highlighted that

Corporate Bits | Conrad Macao named on the Expedia Insiders’ select list

The 2014 list names only 650 hotels as Insiders’ Select hotels from among the more than 290,000 bookable properties available on Expedia, Inc. websites worldwide. “We’re very pleased to be included

ENVIRONMENT | UN proposes building blocks of new global climate deal for 2015

Alex Morales The United Nations proposed a set of building blocks for a new global climate agreement, laying the groundwork for a deal to be reached at the end of next

World Series of Poker main event on; USD10m prize

Oskar Garcia Nearly 800 players with dreams of World Series of Poker glory started a marathon toward poker’s richest prize on Saturday — a guaranteed USD10 million payday and a place

Aristocrat to buy video gaming technologies for USD1.3b

Nichola Saminather Aristocrat Leisure Ltd. agreed to buy Video Gaming Technologies Inc. for about USD1.3 billion to triple its North American business amid falling profit in Australia. The purchase of closely-held Franklin,

Corporate Bits | Zou Shiming goes for his first professional title

In only his fifth professional fight and just 15 months removed from his professional debut, two-time Chinese Olympic gold medalist and national icon Zou Shiming (4-0, 1 KO) of Guizhou,