Monthly Archives: September 2018
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Saudis indicate comfort with higher oil prices
Brent oil traded near the highest level in a week after Saudi Arabia was said to be content with the global benchmark crude breaking above USD80 ... -
Gold continues ‘slow dance’ around USD1,200
Gold is sticking to a narrow trading range around USD1,200 an ounce even after holdings in bullion-backed exchange-traded funds plunged to their lowest in a year. ... -
Trade war | Aussie dollar could surge in worst-case scenario, RBA study finds
Australia’s real exchange rate could surge and gross domestic product drop in the event of an all-out global trade war, Reserve Bank research conducted in March ... -
Jack Ma warns China to prepare for 20-year trade war
Alibaba Group Holding Ltd. co-founder Jack Ma cautioned China’s business and political leaders to prepare for the trade war with the U.S. to last longer and ... -
Corporate Bits | BNU collaborates with Unionpay
Banco Nacional Ultramarino (BNU) has collaborated with UnionPay to officially launch the UnionPay QR code payment service, which is compatible with the EMVco QR Code Specification ... -
Trade War | US-China dispute could soon pose a serious economic threat
Seeking better-skilled workers, Cedar Electronics decided last year to return some of its manufacturing to the United States from the Philippines, only to run smack into ... -
Trade War | Li Keqiang appeals for free trade amid tariff battle
China’s No. 2 leader appealed yesterday for support for free trade and promised to improve conditions for foreign companies following tit-for-tat U.S. and Chinese tariff hikes ... -
Belt & Road | Venezuela doubles down on Chinese money to reverse crisis
Venezuelan President Nicolas Maduro said yesterday [Macau time] that new investments from China will help his country dramatically boost its oil production, doubling down on financing ... -
Koreas | Unfinished business: Moon’s summit dreams echo late mentor
This week’s summit between rivals North and South Korea represents, in part, unfinished business for South Korean President Moon Jae-in. In pursuing engagement with North Korean ... -
Koreas | Kim agrees to dismantle main nuke site if US takes steps too
The leaders of North and South Korea announced a wide range of agreements yesterday which they said were a major step toward peace on the Korean ... -
Middle East | Putin seeks to defuse downing of Russian plane off Syria
A Russian reconnaissance aircraft was shot down by Syrian forces responding to an Israeli airstrike, killing all 15 people aboard, in what President Vladimir Putin said was ... -
Offbeat | Mountain lion visits Colorado motel but doesn’t stay long
A mountain lion has been caught on surveillance camera dashing to the doorstep of a Colorado motel office, venturing toward the open doorway and then wandering ... -
This Day in History | 1999 – UN force arrives in East Timor
A multinational peacekeeping force has landed in East Timor in an attempt to restore law and order to the territory. The UN force has been sent ... -
Tennis | US Open champion Osaka dominant on return to action in Japan
Naomi Osaka’s homecoming couldn’t have gone much better. Playing in her first tournament since winning the U.S. Open, third-seeded Osaka impressed her Japanese fans yesterday with ... -
American Football | Uber driver suing Bucs’ QB Winston over groping incident
A female Uber driver in Arizona is suing Tampa Bay Buccaneers quarterback Jameis Winston, accusing him of sexual assault. Court documents say the woman filed the suit ... -
World briefs
JAPAN A few months ago, Shinzo Abe faced calls to resign as a cronyism scandal sent his popularity tanking. Today he’s expected to easily win a ... -
The Buzz | Sesame Street wants to clarify: Bert and Ernie aren’t gay
The producers of “Sesame Street” want you to know that Bert and Ernie are not, in fact, gay. Sesame Workshop tweeted yesterday [Macau time] that the ... -
LA Times Beijing bureau chief quits after sex investigation
The head of the Los Angeles Times’ Beijing bureau has resigned four months after the newspaper suspended him following sexual harassment complaints brought by two women. ... -
Made in Macao | The other mid-autumn festival stories
Next Monday is the Chinese 八月十五 (fifteenth of the eighth month), better known as the Mid- Autumn Festival, 中秋 (Chong Chao). Last year, I wrote about ... -
Thursday, September 20, 2018 – edition no. 3135
* Mangkhut hearsay | To tape or not to tape * Wynn sued over claim it rigged Boston casino bid * Trade war: Aussie dollar could ... -
Art | Group seeks volunteers for film project
Random Collective, a nomadic art collective based in Europe, is calling on local volunteers to participate in an experimental film production, part of a collaborative project. ... -
Mangkhut | Language skills challenged IAS shelters’ operation
The Social Affairs Bureau (IAS) has already made plans to improve operations in the city’s shelters, Secretary for Security Wong Sio Chak announced yesterday, after meeting with ... -
Participation in cultural activities on the decline
Local residents participating in cultural activities totaled 253,900, a participation rate of 56.7 percent, down by 2.3 percentage points, according to the latest data published by ... -
Mangkhut | SSM eliminates mosquitos in flooded areas
Yesterday morning, the Health Bureau (SSM) carried out mosquito control and disinfection procedures at R. da Praia do Manduco. According Lam Chong, chief of the disease ... -
Jho Low proclaims innocence on personal website
Penang-born business man, Low Taek Jho, who is accused of looting billions from Malaysian investment fund 1MDB, is proclaiming his innocence on his website. Wanted in ... -
Macau legal and tax framework an advantage for startups
Guest speaker at the Macau Young Entrepreneur Incubation Center (MYEIC) for a talk on financing startups, lawyer Luís Roquette Geraldes, a member of the corporate and ... -
Young Entrepreneur Incubation Center with over 60 projects running
The Macau Young Entrepreneur Incubation Center (MYEIC) run by the public company Parafuturo de Macau Investment and Development Limited approved last year a total of 84 ... -
Analysis | Neto Valente’s hold on Lawyers Association is facing its first serious challenge
Lawyer Sérgio de Almeida Correia is so far the only candidate in the race to dislodge long-time incumbent Jorge Neto Valente and become the president of ... -
Briefs | Man lost MOP30,000 to fraud
The Judiciary Police (PJ) reported on Monday that a local man lost MOP30,000 after falling victim to fraud. The suspect involved in the crime met the victim ... -
Philippines | Traders bail on stocks as ‘no positive news’ in sight
The Philippine stock market can’t catch a break. Its benchmark index slumped 1.7 percent yesterday, closing below a key level of 7,300 for the first time ... -
Japan’s oldest winemaker readies for European grape onslaught
With the removal of tariffs on European wines as soon as next year, Kirin Holdings Co.’s wine- making unit is betting on Japanese grapes to weather ... -
Corporate Bits | Wing Lei Palace introduces new cantonese dishes
Executive chef Tam Kwok Fung, who has recently taken the helm of Wing Lei Palace at Wynn Palace Cotai, introduced a new menu that features innovative ... -
Cape Verde | Fixed system for currency against euro preserved
The benefits that Cape Verde derives from the fixed-rate regime of the Cape Verdean escudo against the euro means it is not worth joining the single ... -
Angola, Portugal put an end to double taxation
Angola and Portugal are due this week to sign a convention to end double taxation between the two countries, as part of a two-day visit to ... -
Analysis | Five ways Trump’s tariffs on USD200b in China goods could be felt
By imposing taxes on an additional USD200 billion in Chinese goods, President Donald Trump has intensified a battle of wills between the world’s two largest economies ...
