China cuts 1-year benchmark rate, moving to boost economy as world markets languish

China ratcheted up its effort to reinvigorate its economy yesterday by cutting a key policy rate and interest paid on bank deposits. The move coincided with

Southwest breaks 50-year tradition, plans to start assigning seats

Southwest Airlines is doing away with its 50-year tradition and plans to start assigning seats and premium seating for customers who are seeking more legroom.

Hengqin incentivizes e-commerce growth with Macau

The Hengqin Guangdong-Macao In-Depth Cooperation Zone has unveiled a comprehensive set of policies to support the development of cross-border e-commerce industries, with a particular focus

Sniper Capital targets Taipa Village for six new projects

Sniper Capital, a real estate investment firm, has unveiled plans for six new property projects in the heart of Taipa Village. The latest ventures will

Casino projected for EBITDA decline in Q2

The earnings before interest, taxes, depreciation and amortization (EBITDA) for Macau’s gaming industry properties are expected to decline 4% in the second quarter of 2024.

MGM x RR1HK culinary masters concludes gastronomy journey

Over 400 guests from 10 countries gathered at MGM COTAI June 28-30 for the conclusion of Asia’s only MGM x RR1HK Culinary Masters event. Six internationally renowned chefs

Sands China awarded top training program honor

Sands China Ltd. has received the prestigious 2023 Excellence in Practice Award from the Association for Talent Development for its “The Knowledge – Be a Londoner Guide” training

Luxury sales are flattening amid a self-inflicted creativity crisis and price hikes, study finds

The post-pandemic surge in global sales of luxury handbags, shoes and apparel is set to stall this year amid a creativity crisis and price hikes as

OpenAI founder Sutskever sets up new AI company devoted to ‘safe superintelligence’

  Ilya Sutskever, one of the founders of OpenAI who was involved in a failed effort to push out CEO Sam Altman, said he’s starting a safety-focused

MGM welcomes top synchronized swimmers

MGM is hosting the “MGM Artistic Swimming Elite Extravaganza & Macao Open Synchronized Swimming Competition 2024” from today until June 23. This year, three renowned synchronized swimming

Hacken Lee to return to The Londoner Arena

Hacken Lee, a award-winning Cantopop icon, will return to The Londoner Arena to perform two concerts entitled ‘Hacken Lee Symphonic Live in Londoner with Macao Orchestra’ on Sept. 21 and

Europe Central Bank jumps ahead of the Fed in lowering rates

The European Central Bank cut its key interest rate yesterday by a quarter point, moving ahead of the U.S. Federal Reserve as central banks around the

OCBC commits HKD15 billion to strengthen technology and talent in Greater China

  The Overseas Chinese Banking Corporation (OCBC) has announced plans to invest HKD1.5 billion to strengthen its technology platforms and develop its business in Greater China. At a media conference

SJM launches 15th anniversary of responsible gambling promotions

SJM Resorts kicked off its 15th anniversary ceremony for promoting responsible gambling on 3 June at the Grand Lisboa Palace Resort Macau in collaboration with various Macau organizations

Boeing launches NASA astronauts for the first time after years of delays

Boeing launched astronauts for the first time yesterday, belatedly joining SpaceX as a second taxi service for NASA. A pair of NASA test pilots blasted

Sands China commends gov’t for new culture city award

With the SAR having been named a Culture City of East Asia 2025, after scoring first place in the award’s final assessment, Sands China Ltd. has voiced its enthusiasm for

MGM presents annual artistic swimming sports event

MGM has announced its presentation of the annual MGM Artistic Swimming Elite Extravaganza & Macao Open Artistic Swimming Competition 2024, an event that serves as a prelude to

Company that bred beagles for research pleads guilty to neglect, ordered to pay record USD35m fine

A company that bred beagles for medical research agreed yesterday (Macau time) to pay a record $35 million as part of a criminal plea admitting it neglected

Sands Children’s Day brings joy through art

Local families were treated to an artistic experience celebrating children at the Sands Children’s Day for Music and Arts event on May 29, hosted by Sands China Ltd. The

MGM execs bless dragon boat team for upcoming race

Senior executives of MGM Resorts International blessed the casino operator’s dragon boat team yesterday ahead of the 2024 Macao International Dragon Boat Races. Led by president and

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