China’s rich rush to shelter USD1 trillion from new taxes

Wealthy Chinese are rushing to shelter assets and income in overseas trusts before new tax rules go into effect next month, including provisions that target offshore

Corporate Bits | CEM holds occupational safety training

CEM organized the “Safety Training for Contractors”, attracting over 80 employees from among CEM’s contractors to attend. Professionals from the Labor Affairs Bureau and CEM shared

Corporate bits | Wynn recognizes employee volunteers

Wynn recently organized “Wynn Cares – Volunteer Day” on UN International Volunteer Day in order to recognize the volunteers who have contributed their time and effort over the

China electric-car gold rush lures hopefuls as Tesla push looms

The gold rush that is China’s electric-car market is getting its latest entrant as a slew of local manufacturers fight for a foothold ahead of Tesla Inc.’s planned

IFFAM | Fitting for Suburban Birds to be screened in Macau

The producer of 2018 award-winning film Suburban Birds said at a red carpet event at the International Film Festival and Awards Macao (IFFAM) last night that

Liu Jie’s ‘Baby’ tackles child abandonment in China

Chinese director Liu Jie attended the screening of his movie “Baby” at the third International Film Festival Awards Macao. His movie, which is a part

Huawei clash shows deeper US-China battle for global influence

The Trump administration has insisted the arrest of a top Huawei executive has nothing to do with trade talks. In Beijing, it’s just the latest U.S.

Music giant backed by Pony Ma is poised to spin new billionaires

A lawyer, a computer scientist and China’s third-richest person are poised to create one of the year’s biggest hits in the music industry. Co-presidents Xie Zhenyu and

Noble Group is said to work on pre-agreed insolvency process

Noble Group Ltd. is preparing for an insolvency filing after Singaporean regulators blocked a key element of its USD3.5 billion debt restructuring, according to people familiar

Canadian telecoms face USD1b to remove Huawei tech: G&M

Canada’s Telus Corp. and BCE Inc. may face at least $1 billion in costs if the country bans telecommunications equipment made by China’s Huawei Technologies Co. from

Corporate bits | MGM promotes responsible gaming

To further support the “Responsible Gambling Promotions 2018”, MGM has hosted a two-week program themed “Gambling is Not Business, Stay in Control” for its Golden Lion Team

Real Estate Matters | It’s a people business

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

Report | China is lead suspect in Marriott hack

A massive hack into hotel group Marriott International Inc. may have been an intelligence-gathering operation by China’s government, Reuters cited unidentified sources as saying. Private investigators found hacking

Hong Kong fears Trump will trigger end to special trading status

Hong Kong business groups are starting to worry the Trump administration will open the door to ending the financial hub’s preferential trade status, rendering it “just

Luxury | Gucci owner revamps jeweler to Czars as branded rocks boom

A gleaming necklace in Boucheron’s shop window in Paris’s Place Vendome features dozens of lifelike hydrangea blossoms made from mother-of-pearl and diamonds, framing a 43-carat pink tourmaline. Shoppers

Malaysia’s tiff with Singapore escalates with war of words

Malaysia’s tiff with neighboring Singapore over air space and port waters is escalating, a sign of renewed bickering not seen in years. First came Malaysia saying

Hong Kong | Office rents 60 percent higher than in New York

Hong Kong’s Central area has taken the prize for the world’s most expensive premium office rents for a fourth year running, according to global real estate consultant JLL. Occupancy

Rich Asians are crazy to live in Shanghai, luxury index shows

If you’re a high-net-worth individual in Asia into fine dining, wine, jewelry and luxury skin cream, best not to live in Shanghai. The Chinese city

UK | Taxi protest against safety rules brings gridlock to London

London’s black cab drivers brought gridlock to areas of the capital’s main financial district on Monday evening in protest against measures to improve air quality and road

Asia stock confidence in trade truce has a number: USD325b

Just how much is this 90-day truce worth in Asian stock markets? Roughly USD325 billion, yesterday at least. That’s how much market value got added

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