Asian shares slip ahead of Fed interest rate decision

Shares were mostly lower in Asia yesterday, with markets in China, Japan and some other markets still closed for holidays. Hong Kong and Seoul fell more than

History suggests US won’t be able to prevent a recession

With inflation surging to a new 40-year high and continuing to accelerate, the Fed is expected to lift interest rates by a half-percentage point at the end of

Thursday, May 5, 2022 – edition no. 4004

— SJM suffering cash bleed, reports Q1 losses of HKD1.3b * Domestic violence doubles to 81 cases in 2021 * GBA | Vaccine Transformation Center opens in Guangzhou * Tourism arrivals continued to

MGM revenue slumps in Q1 amid lockdowns in China

MGM China continues to face headwinds in the short term, with public health policies impacting customers’ ability to enter Macau, according to MGM Resorts’ CEO and president

New version of gaming bill still pending

Lawmaker Chan Chak Mo confirmed yesterday that the government had not yet delivered the updated version of the casino bill to his committee. Chan,

AL committee: Data on unemployment rate ‘lagging’

The government will be invited to meet with members of a parliamentary committee on resolving the intensifying unemployment issue in the city. Since the effects

Gov’t to reward elderly with coupons for jabs

Despite previous refusals to issue financial rewards for vaccination, the government announced yesterday that it will give coupons to seniors who receive vaccinations from this month.

Health Code drops ‘shield’ to free up space for rapid antigen test results

The local Health Code has been recently optimized to include the display of rapid antigen test results, as well as a new platform for the submission

Newborns eligible for consumption stimulus

The parents of newborn babies who were born in Macau can sign up for their consumption stimulus quotas when they have their Macau ID registrations processed. Their

Using Lego to train adults

In fact, they may be doing this under the supervision of a certified instructor, with the aim of discovering and exploring their strengths, weaknesses and opportunities, according

Taxi driver and overstayer detained for abetting illegal border crossing

A 53-year-old local man working as a taxi driver and another man from the mainland overstaying his visa in Macau have been detained by the Judiciary Police (PJ),

Daily wage of construction workers down in Q1

The average daily wage of construction workers decreased by 1.5% quarter-to-quarter to MOP787 in the first quarter of 2022.  The average daily wages of

First batch of 460 households get keys to gov’t housing

Starting yesterday, a total of 460 households waiting for access to an economic rental housing unit from the government will get the keys to their new

List of children admitted to subsidized nurseries published

The list of children enrolling for the first time in subsidized childcare in Macau has been published, the Social Welfare Bureau (IAS) announced. Parents can access

Beijing preps hospital spaces, though new cases low

Beijing is preparing new hospital facilities to deal with a spike in COVID-19 cases, even though the numbers of new cases remain low. State media

Markets Asian shares mixed in light ‘Golden Week’ trading

Asian shares are mixed in light “Golden Week” trading with markets in China, Japan and some other countries closed for holidays. Investors are watching

Two more survivors found three days after building collapse

Rescuers have found two more survivors in the rubble of a building in central China that collapsed more than three days ago, state media reported yesterday.

Sydney man gets 12 years for murdering gay American in 1988

An Australian man was sentenced to 12 years and seven months in prison yesterday for the 1988 murder of an American who fell off a Sydney cliff

Muslims mark Eid al-Fitr amid community violence

Muslims across India marked Eid al-Fitr yesterday by offering prayers outside mosques, even as the celebrations this year came in the backdrop of a series

Aid workers prep stretchers, toys for Mariupol evacuees

Aid workers prepared hot food, wheelchairs and toys yesterday for civilians slowly making their way to relative safety from the pulverized remnants of a steel

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