Monthly Archives: May 2019
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VIP to recover in third quarter, says Morgan Stanley
Banking group Morgan Stanley anticipates a recovery in Macau VIP betting revenue in the third quarter of this year. Morgan Stanley Asia added in its recent ... -
Briefs | IAS provides sign language interpreter for case investigation
The man connected to a recent crime was said to be hearing impaired. The Social Welfare Bureau (IAS) said that they deployed social workers and sign ... -
MPI to stage five months of art events
To support the development of the local art scene, the Macau Polytechnic Institute (MPI) is organizing a series of events over the next five months. The ... -
Bribery to be included among cases that allow wiretapping
The use of wiretapping during the investigation of certain kinds of crimes, should include those involving bribery, according to a suggestion made by the Commission Against ... -
Housing | Private transaction of economic units may become history
At a meeting discussing the proposed amendment to the existing economic housing law, a representative from the administration clearly stated that economic housing units would never ... -
Finance | M2 supply up 9.6% in March
Macau’s M2 monetary supply in March grew 9.6% year-on-year while M1 grew 5.4% year-on-year, the region’s monetary watchdog said here yesterday. According to statistics released by ... -
1MDB | Mahathir claims Jho Low already swiped most of fund money
Malaysia’s prime minister yesterday accused fugitive billionaire Jho Low of absconding with most of the money from sovereign investment fund 1Malaysia Development Berhad (1MDB), Malay Mail Online ... -
Hengqin | CRCC Plaza Project design wins award
A Hong Kong architecture firm, Aedas, won an award at the A’Design Award & Competition, a platform for design companies to sell their designs to sponsor companies, ... -
Worst yuan drop since 2016, options traders off guard
Traders rushed to protect against further losses in the yuan after the currency suddenly sank the most in more than three years. A gauge measuring demand ... -
Corporate Bits | Melco included in best companies to work for in Asia
Melco Resorts & Entertainment Limited has been awarded a place among the Best Companies to Work for in Asia 2019 in the hospitality sector for Hong Kong ... -
Trade | Trump’s tariff threat leaves Beijing stalling on next talks
Talks between the U.S. and China to resolve their year- long trade standoff appeared to be on life-support yesterday, with Beijing struggling to respond to a ... -
Regulator said to tighten rules for banks after bad loans surge
China’s banking regulator has told the nation’s major lenders to accelerate recognition of nonperforming loans, as officials seek to bolster the quality of lending, according to ... -
Gov’t ramps up credit aid to small firms as trade tensions rise
China decided to cut the amount of cash some banks must hold as reserves, and timed its announcement of the decision to help shore up domestic ... -
Sri Lanka | 2 arrested after clash in town hit by Easter blast
Two people have been arrested and an overnight curfew lifted yesterday after mobs attacked Muslim-owned shops and some vehicles in a Sri Lankan town where a ... -
India | Modi flexes muscles in Kashmir to woo Hindu voters
Shortly before India’s mammoth elections began in April, New Delhi did something unprecedented: It banned civilian traffic on the only major highway connecting the heart of ... -
Brunei | Death penalty moratorium applied to new Shariah laws
Brunei’s sultan has said a moratorium on capital punishment is in effect for new Shariah criminal laws including stoning people for gay sex and adultery that ... -
France | Telecom giant Orange on trial over staff suicides
The toll is shocking: 19 suicides, 12 suicide attempts and eight cases of serious depression among employees over a three-year span at France’s main telephone and ... -
USA | Michael Cohen heads to prison in Trump hush-money scheme
Michael Cohen, the former lawyer, media attack dog and all-around fixer for President Donald Trump, was scheduled to begin serving a three-year prison sentence yesterday [local ... -
Offbeat | Madonna gives emotional speech at GLAAD Awards
Madonna, a pioneer for gay rights, accepted the Advocate for Change Award at the 2019 GLAAD Media Awards with a rousing speech that went from playful ... -
This Day in History | 2001 – Thousands greet Pope in Syrian visit
Thousands of people have turned out to greet Pope John Paul II on his historic visit to Syria. The pontiff drove in his popemobile through the ... -
Football | Crunch time for Coutinho as Barcelona goes to Liverpool
Wednesday, 3:00am Liverpool v Barcelona H 2.5, D 3.9, A 2.95 Philippe Coutinho is facing his most important match since joining Barcelona from Liverpool when the ... -
World briefs
THAILAND Thousands of Thais gathered around Bangkok’s Grand Palace yesterday in hopes of getting a glimpse of King Maha Vajiralongkorn as he wraps up three days ... -
The Buzz | Trade talks US-China sour and companies with exposure get hit
U.S. companies that do a lot of business in China are getting hit hard in early trading after President Donald Trump threatened more tariffs with trade ... -
Harry, Meghan ‘over the moon’ about their healthy baby boy
Meghan, the Duchess of Sussex, gave birth to a healthy baby boy early Monday morning (yesterday in Macau), a beaming Prince Harry announced to the world, ... -
Our Desk | We need more ‘third-instructed’ people
A couple of weeks ago a newsroom co-worker expressed her feelings in this very column, talking about what she (forever) termed the “local sore losers.” Although ... -
Tuesday, May 7, 2019 – edition no. 3284
* A game of nerves | Kings’ trade war * Crimes committed by residents on the rise * Visitor surge persists through Labor Day * Bribery ... -
Crime | Woman restrained in shocking knife incident
A woman was restrained by a man believed to have been brandishing a small knife for about half an hour on Saturday night at a food outlet ... -
MP investigates three loan sharks for murder
Three loan sharks from Mainland China, aged 29 to 34 years old, have been transferred to the Public Prosecution Office (MP) for further investigation. They allegedly ... -
Ask the Vet | Senior dog food: Age specific formulas
In order to maintain a healthy and active lifestyle for your pet, owners must know what to look for in senior dog food to suit their ... -
Sport | Macau’s lower football leagues to run foreigner-less
In a change enacted by the Macau Football Association (MFA) and enforced for the first time this season, the teams competing in the lower leagues (Fourth ... -
Health | Two more cases of Rubella discovered
Macau’s health authority has informed that two new cases of Rubella were discovered on May 3, bringing the total number of recorded incidents of the disease ... -
Briefs | WHO regional director meets with Chui
Dr Takeshi Kasai, the Regional Director for the Western Pacific of the World Health Organization, recently visited Macau and met with Chief Executive Chui Sai On. ... -
Gaming | South Shore Holdings demotes CEO, said to be scouting buyer
Walt Power has been removed from his position as CEO and executive director of South Shore Holdings Limited (SSH) to be placed in a non-executive director ... -
Parq Vancouver misses debt payment as casino seeks to refinance
Luxury casino Parq Vancouver’s parent company missed an interest payment on a second- lien loan as it struggles to refinance debt taken on to build one ... -
Atlantic City’s Ocean Casino is finally making money
A perennially challenged Atlantic City casino will finally turn a profit this month and chart the way forward under the ownership of a New York hedge fund. ...
