Hong Kong | Budget surplus shrinks as list of headwinds grows

Hong Kong’s Financial Secretary Paul Chan will have a much smaller pile of cash to distribute than last year when he presents the annual budget today, and

Corporate Bits | Sands China bans shark fin at its F&B operations

Sands China Ltd. has banned shark fin from its restaurants, as part of the company’s ongoing commitment to protecting the environment, the gaming operator announced in a statement.

Goldman Sachs sees oil taking fleeting trip higher

Oil prices could potentially rise as much as 13 percent from current levels, though the rally may prove fleeting, according to Goldman Sachs Group Inc.

Corporate Bits | Galaxy to host grace Kelly exhibition

Galaxy Entertainment Group is producing, for the first time, a cultural exhibition detailing the life story of Grace Kelly, from being an actress to becoming the Princess of

US, UK pledge continuity for derivatives after Brexit

The U.K. and U.S. sought to allay fears of disruption in the multitrillion-dollar derivatives market, vowing to put in place emergency policies to ensure trading continues uninterrupted

Huawei set to unveil 5G phone with folding screen

China’s Huawei is set to take the wraps off a new folding-screen phone, joining the latest trend for bendable devices as it challenges the global

Singapore dollar bulls eyeing MAS hawkish path

The Singapore dollar’s three-month winning streak is facing its stiffest test yet as global growth headwinds dim the outlook for further central bank tightening. An above-consensus inflation

MACAU | Renowned chef Tsumura demonstrates hybrid cuisine at IFT workshop

Casino operator MGM China and the Institute for Tourism Studies (IFT) co-organized a “Nikkei Cuisine Workshop” led by Mitsuharu Tsumura, the consultant chef of Aji at MGM

HK’s central banker to step down after decade in charge

Hong Kong’s de facto central bank is bidding farewell to its chief after a decade, starting the search for a successor at a time when the

Corporate Bits | Melco resorts receives 85 stars in Forbes travel guide

Melco Resorts & Entertainment Limited has announced that it received a collective total of 85 stars across all its properties in the 2019 Forbes Travel Guide

Corporate Bits | Sands China’s resorts receive accolades in Destinasian

The Venetian Macao has been named ‘Best Hotel in Macau’ at DestinAsian magazine’s 14th Readers’ Choice Awards, which was held in Singapore recently. According to a

K-Pop shows may return to China in sign of easing Korea tensions

Chinese concert promoters are seeking permission for South Korean bands to perform in the country, according to people familiar with the matter, a sign of growing

Elusive arms deal frustrates Boeing to Lockheed

In the world of multibillion dollar defense contracts, India stands out. Home to one of the biggest armed forces on the planet, the country has an

Malaysia nears deal with China to revive scrapped rail project

Malaysia is making progress in talks with China to revive a high-speed rail project that Prime Minister Mahathir Mohamad’s government said it would cancel, according

Solar subsidy program that rattled market relaxed

Chinese regulators have proposed easing a major solar power subsidy policy announced last year, according to the nation’s main industry group, a move which would partially reverse

China wants to build the first power station in space

China’s space ambitions are shifting into a higher orbit. Following its successful and world-beating trip to the far side of the moon, China is preparing

Huawei | Washington accused of blocking progress

BEIJING accused Washington yesterday of trying to block its industrial development after Vice President Mike Pence said tech giant Huawei and other telecom equipment suppliers are a

Corporate Bits | Accorhotels raises RMB630,000 for environmental fund

AccorHotels Greater China announced that it raised over RMB630,000 through the Give a Tree campaign, a four-month fundraising and awareness campaign, to support the environment.

Education | Chinese students fan profit at Bangkok school criticized for IPO

Chinese enrollments are helping to buoy profits at Thailand’s only listed school operator. SISB Pcl, or Singapore International School of Bangkok, sees 2018 net income at

Flybmi’s collapse over Brexit strands passengers across Europe

The collapse of British regional airline flybmi over higher fuel prices and Brexit uncertainty has forced stranded passengers across Europe to fend for themselves, without the

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