Tokyo pushes back on ‘bizarre’ death tax that deters expats

That’s because the government subjects long-term foreign residents to inheritance tax of up to 55 percent on their worldwide assets - meaning heirs could be forced

Iron ore wars erupt as Hong Kong picks fight with Singapore

HKEX began trading the futures yesterday, pitting the new dollar-denominated contract against those offered by SGX, which introduced its first swap contracts in 2009 and has

Dubai Air Show opens with Emirates’ USD15.1b Boeing buy

The biennial Dubai Air Show opened yesterday with hometown long- haul carrier Emirates making a USD15.1 billion buy of American-made Boeing 787-10 Dreamliners, as the world’s biggest

VietJet may buy 787s or A350s as airline weighs US route

Vietnam’s biggest private airline would use the larger aircraft to begin the route after the U.S. Federal Aviation Administration grants Vietnam airlines permission to fly to America, said

Real Estate Matters | Property Tax And An Uncertain Future ? – Part IV

Juliet Risdon is a Director of JML Property and a property investor. Having been established in 1994, JML Property offers investment property & homes. It specializes in managing

Gaming | Las Vegas: MGM Resorts says bookings rebounded after mass shooting

MGM Resorts International, in its first financial report since a gunman opened fire from one of its Las Vegas buildings and killed 58 people,

United Nations | Agency to stop taking funds from tobacco industry

The U.N.’s labor agency said yesterday that it will stop taking funding from the tobacco industry and will not extend its public-private partnerships with a

Corporate Bits | Sands China’s purchases on SMES amounts to MOP5.5 Billion

Since it launched in 2015, Sands China’s Local Small, Medium and Micro Suppliers Support Programme’s expenditure on local, small- and medium-sized enterprise (SMEs) suppliers amounts to

Corporate Bits | Leon Lai to perform at the Venetian

One of Hong Kong’s stars, Leon Lai will be bringing his ‘Leon Random Run 2017 Concert’ to The Venetian Macao’s Cotai Arena on December 16, Sands

Gaming | The hottest CEO in Vegas just bought the city’s strangest casino

Even in Las Vegas, the land of faux pirate battles and Elvis-themed wedding chapels, the Stratosphere is something of an oddball. Conceived by poker pro Bob

Luxury retail | Dior chief is said to step aside as LVMH shuffles leadership

Sidney Toledano will step aside as head of LVMH’s Christian Dior, ending an almost 20-year tenure at the helm of one of the world’s top fashion houses

Paradise Papers | Offshore leaks depict Apple’s quiet shift to Island of Jersey

The European Union’s high-profile investigation into Apple’s tax avoidance ended last year with a USD15 billion fine and an unanswered question: How exactly did the

Corporate bits | Labor bureau holds OSH tour at MGM

Last week, a group of 60 professionals and practitioners from the local hospitality and catering industry visited MGM Macau for a presentation on MGM’s occupational safety and health (OSH)

Qatar joins China aviation bonanza with surprise stake in Cathay

Qatar Airways Ltd.’s surprise purchase of a 9.6 percent stake in Cathay Pacific Airways Ltd. to gain a foothold in East Asia has damped a long-held speculation among investors

Venezuelan oil too big to fail, at least for China and Russia

Venezuela’s sudden demand to renegotiate its billions in debt could complicate life for its two biggest oil patrons, China and Russia. President Nicolas Maduro caught bondholders off guard last

Billionaire prince among dozens arrested in Saudi sweep

Saudi Arabia has arrested dozens of princes, senior military officers, businessmen and top officials, including a well-known royal billionaire with extensive holdings in Western companies, as part of a

Retail | Ralph Lauren’s retreat from discounting helps bolster profit

Ralph Lauren Corp., the 50-year-old fashion brand known for its preppy style, is making good on its effort to rely less on markdowns - even if

Real Estate Matters | Property Tax And An Uncertain Future? – Part III

Juliet Risdon is a Director of JML Property and a property investor. Having been established in 1994, JML Property offers investment property & homes. It specializes

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