K-shaped recovery in emerging markets sees rich get richer

Emerging markets are being split apart by an increasingly K-shaped recovery. Stocks and currencies from wealthier developing nations have outperformed their poorer peers since the coronavirus outbreak. The gulf may even

Football | Nations League offers late start in 2020 for national teams

Europe’s national teams will play their first games of 2020 when the UEFA Nations League campaign starts this week in stadiums without fans. Kicking off with a meeting between recent World

The Buzz | Hong Kong mass testing finds only few cases

Only six people in Hong Kong have tested positive for the coronavirus out of a batch of 128,000 residents who had undergone the mass-testing program that began on Tuesday. Four of

EU unveils plan to secure raw materials, cut dependency

Worried by an increasing dependency on the raw materials used to make smart phones, televisions and energy-saving lights, the European Union yesterday launched a new strategy to secure access to

World Views | Iceland has very good news about coronavirus immunity

  The emergence of a handful of people reinfected by SARS-Cov-2 — including individuals in Hong Kong, Italy and the U.S. — has sparked panic over the future course of the pandemic. It’s not difficult to see

Friday, September 4, 2020 – edition no. 3612

— Public consultation on the Urban Master Plan starts today for a future city of 808,000 people with an area of 37sqkm * Light Rail East Line to go underground * China

Asia Today: Beijing receiving first int’l flights since March

Beijing's main international airport today (Thursday) began receiving international flights again from a limited number of countries considered at low risk of coronavirus infection. Passengers flying in from Cambodia, Greece, Denmark,

Crime | PJ arrests nine linked to unlawful bank loan scheme

Nine local men have been detained by the Judiciary Police (PJ) on suspicion of being involved in a scheme that took out bank loans justified by the false acquisition of

Briefs | Vulnerable families to get another gov’t payment

  The Macau SAR government is giving over 3,000 vulnerable families another assistance payment, according to a statement released by the Social Welfare Bureau. The money, which ranges from 4,350 patacas

Crime | Forged gaming chip puts four behind bars

The use of a forged HKD100,000 gaming chip at a casino has led to the arrest of four local men, the Judiciary Police (PJ) spokesperson revealed yesterday during the joint

SAR vulnerable to job losses if travel restrictions, quarantine continue

The Macau SAR is in sixth place globally among the cities for which travel and tourism have the largest contribution to their respective region’s employment, making it more prone to

The 13 Hotel in financial trouble again after sale agreement lapses

The developer of the troubled The 13 Hotel is looking for other prospective buyers after a sale proposal and purchase agreement for the hotel collapsed. The announcement came 10 months after

PokerStars exits operations in China, Macau and Taiwan

The world’s largest online poker site, PokerStars, is said to have exited markets in China, Macau and Taiwan this week. As cited in an email posted on the Two Plus Two poker forum

Law firm that defended Ng Lap Seng sues for non-payment

The law firm that defended billionaire real estate developer Ng Lap Seng in his criminal bribery case is accusing the Macau businessman of not paying more than $1.9 million in

Briefs | 60,000 secondary school students started classes

  Over 60,000 secondary school students have already started their classes, according to the director of the Education and Youth Affairs Bureau (DSEJ). This number corresponds to the number of students

Rotary Club highlights need to assist unemployed female migrants

The new president of the Rotary Club of Macau has called on assistance for one of the city’s vulnerable groups – unemployed female migrant workers who have recently given birth. João

Real estate expert believes Hengqin housing is ‘overpriced’

Even as over 400 housing units in Hengqin sold out in just minutes last week, at least one real estate expert in Macau believes property in some areas across the

Briefs | Seniors Academy at MPI opens registration

  The Seniors Academy (ACS) Taipa School of the Macao Polytechnic Institute is set to launch ‘2020 Short Courses,’ accepting Macau residents aged over 55 years old. As cited in a

Taiwan unveils redesigned passport

Taiwan has unveiled a redesigned passport in an effort to stop its citizens being mistaken for Chinese while traveling abroad. The new passport omits “Republic of China” - the official name

Coronavirus | Third virus vaccine reaches major hurdle: final US testing

A handful of the dozens of experimental COVID-19 vaccines in human testing have reached the last and biggest hurdle — looking for the needed proof that they really work as

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