Gaming | MGM Resorts seeks to boost profit USD300m through cost cuts

MGM Resorts International announced a new cost-cutting drive that’s intended to boost profit by USD300 million annually, most of it over the next two years.

Ask the Vet | Tick Fever

Tick fever, or canine Ehrlichiosis, is a canine disease spread by the bite of the brown dog tick. Ehrlichiosis is a serious disease that may cause brain

Gaming – US | NFL signs Caesars as casino partner, inches toward betting deals

The National Football League signed a multiyear deal to make Caesars Entertainment Corp. its first- ever casino partner, bringing the pro sport and its owners closer to a possible

Hong Kong | Stocks have the worst start to a year since 1995

Hong Kong shares had their worst start to a year since 1995, as further signs of a slowing Chinese economy spurred declines. The Hang Seng

Nissan executive on leave for tasks related to Ghosn arrest

Nissan Chief Performance Officer Jose Munoz, who oversaw the Japanese automaker’s global strategies, is taking a leave of absence to work on “special tasks arising from recent

China P2P lending crackdown may see 70pct of firms close

The number of Chinese peer-to-peer lenders may drop by 70 percent this year, a research firm that tracks the industry says, as the nation intensifies a

Apple drops iPhone bombshell on already reeling stock market

Apple acknowledged that demand for iPhones is waning, confirming investor fears that the company’s most profitable product has lost some of its luster. The

Corporate bits | Sands China halts use of plastic straws

Sands China Ltd. has discontinued its use of plastic straws at all its properties, in an effort to reduce the consumption of single-use plastics.  The company’s

Singapore | Home prices post first drop in six quarters

Singapore home prices posted their first decline in six quarters as the government’s cooling measures imposed in July started to bite. Private residential prices slid

China tobacco colossus plans IPO for international business

China National Tobacco Corp., a state monopoly that’s by far the biggest cigarette maker in the world, plans to list its international unit on the Hong

Corporate bits | Nye parties held at the Parisian, the Venetian

Sands Resorts Macao hosted New Year’s Eve parties featuring countdown celebrations, live music from international bands, DJs, dance music performances, firework extravaganzas and a JSTV music New Year

North Korea’s ‘Singapore shops’ expose gap in sanctions push

Despite the unwanted publicity of a criminal trial for one of their main suppliers, business is booming at Pyongyang’s ‘Singapore shops,’ which sell everything from Ukrainian

China to hasten approvals for foreign financial firms

China will speed up approvals for securities firms and fund-company joint ventures in which foreign investors have majority stakes, a senior official said, another sign that policy

Real Estate Matters | Micro-apartments in Hong Kong, anyone?

Sam Lee is a marketing manager and property consultant at JML Property. JML was established in 1994 and offers Investment Property & Homes. It specializes in managing properties for owners

Did 2018 usher in a creeping tech dystopia?

We may remember 2018 as the year when technology’s dystopian potential became clear, from Facebook’s role enabling the harvesting of our personal data for election interference to a seemingly unending

Gatwick drone raid’s legacy of lost fees, fortified airports

As thousands rush to complete journeys disrupted by the recent drone incursions at London Gatwick airport, here’s a guide to how the aviation industry is responding,

Corporate Bits | Sands China holds parenting seminars for employees

Sands China Ltd. recently held a series of parenting seminars for employees, aimed at promoting work-life balance and encouraging healthy parent-child relationships. The four seminars were held

JD.com’s Liu won’t be charged after rape investigation

JD.com Inc. Chief Executive Officer Richard Liu won’t be charged in connection with a rape investigation in Minneapolis, ending a probe of more than three

Corporate bits | MGM to celebrate new year’s eve in nine time zones

MGM is offering its very first round-the-clock “Celebrating Life - Celebrating with the World” New Year’s Eve program, which offers a live-stream of countdown celebrations at the

Oil near 15-month low on signs of surplus

Oil traded near its lowest closing level in 15 months in New York as fears over slowing global economic growth compounded concerns that markets face a supply glut

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