China brokerages’ 54 percent stock surge may be running out of steam

China’s brokerages are on pace for their best quarter since 2014, though a rare sell call is a sign the rally may be topping out. CSC

China calls for US, European companies to join Belt and Road

China pledged greater cooperation with American and European companies on Belt and Road ventures, in its latest bid to counter criticism that President Xi Jinping’s initiative

Lunar New Year blamed for underwhelming economic data

China’s most important festival is the main culprit behind the underwhelming economic indicators at the start of this year, according to the statistics authority. The Lunar

Gaming | Caesars gives Carl Icahn three seats on company board

Caesars Entertainment Corp. gave Carl Icahn three seats on its board, putting the billionaire in position to influence the choice of a new chief executive officer and

Cathay does a U-Turn on budget carrier with HK Express talks

Cathay Pacific Airways Ltd. is having a change of heart about the budget-airline business. At an earnings briefing in Hong Kong yesterday, a reporter asked Chairman

Corporate Bits | Privé launches ‘Good France’ menu

In celebration of the global “Good France” event, Privé at Sofitel Macau at Ponte 16 is introducing the “Good France” set menu from March 19 to 23.

Singapore Exchange faces threat from HKEX China share move

MOVES by Hong Kong’s stock exchange to start trading derivatives contracts based on Chinese- listed shares pose a new competitive threat to rival Singapore Exchange Ltd.

Corporate Bits | MGM awarded in GBA enterprise awards

MGM is the only Macau enterprise to receive an award in the first Guangdong-Hong Kong-Macao-Bay Area Top 100 Enterprise Heritage Awards and Outstanding Entrepreneurship Awards Ceremony.

Hong Kong tightens liquidity with USD192 million peg defense

Hong Kong faces the likelihood of rising borrowing costs after the city’s de facto central bank intervened to defend its currency peg for the first time since

European Union | Portugal’s Costa opposes strategy of creating European champions

Portuguese Prime Minister António Costa said he opposes a strategy of creating large European corporate champions at the expense of competition within the region. “We can’t

USA | Tesla walks back its plan to close most showrooms

Tesla is walking back its plan to close most retail stores worldwide in a move the company says will force it to raise prices on

China’s GDP growth pace was inflated for nine years, study finds

China over-reported its economic growth between 2008 and 2016 by an average of 1.7 percentage points, according to a recent study by researchers at the Chinese

Japan | Banks will finally stop using a piece of 1800s tech

It has taken more than a century, but Japanese banks are finally parting ways with a piece of technology that hasn’t felt cutting edge since the

Corporate Bits | Jordan Chan to perform at the venetian

Hong Kong singer and actor Jordan Chan will perform at The Venetian Macao’s Cotai Arena on April 6 for the “Jordan Chan Stop Angry Tour in Macao.” Tickets go on

Energy | Beijing hopes to sustain solar growth with new plan

China’s plans to loosen its solar subsidy policy will keep growth of the world’s largest market intact, according to the head of JinkoSolar Holding Co., which is

China oil use seen peaking in 2025

The country that’s driven global oil demand since the turn of the century may hit the brakes sooner than expected as travelers shift toward electric cars or

Analysis | OECD spares the world’s most popular scapegoat

Forecast cutting resembles a business model these days. Another day, another venerable firm or institution reduces projections for economic growth. The Organization for Economic

German spies said to be fighting to keep Huawei out of 5G

Hardliners in Chancellor Angela Merkel’s government are fighting for the powers to keep Huawei Technologies Co. out of Germany’s fifth-generation mobile networks. The cyber-security hawks

US-China trade deal leaves currencies as fighting ground

The U.S. and China are edging closer to resolving differences on currencies that have bogged down economic talks for nearly two decades. The only question is

Corporate Bits | Asia’s 50 best restaurants awards returns to wynn as venue partner

Wynn Macau and Wynn Palace Cotai have once again been chosen as the official venue partner by Asia’s 50 Best Restaurants for the highly anticipated event

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