Ghana on hook for billion-dollar China deal if bauxite plan stalls

Ghana will have to use alternative sources to pay back China’s Sinohydro Corp. for USD2 billion in infrastructure if the revenue from an earmarked bauxite project is

Corporate Bits | CEM to host 6th solar & capacitance model car races

Companhia de Electricidade de Macau (CEM) will host the sixth edition of the Solar & Capacitance Model Car Races on Sunday, September 23, once again inviting

First look at Roy Choi’s Vegas spot, opening in time for Gaga

When Best Friend opens in Las Vegas in late December, it will represent one of the city’s time-honored traditions: a sure thing. The restaurant, inside the Park

Environment | Climate talks in Bangkok hit hurdle on financing commitment

Climate negotiators in Bangkok made progress on several issues to set a framework for implementing the landmark 2015 Paris accord, but hit a stumbling block over details

Corporate Bits | Armani to headline Sands Macao fashion week

Emporio Armani, in collaboration with the Rainbow Group, will be the headline brand for Sands Macao Fashion Week, which will be held from October 18 to 24.

Real Estate Matters | Your financial perspectives matter

Having the right or wrong perspective can have a major influence on the quality of your life. When it comes financial success having the right perspective and framing

Gaming | Dan Gilbert is said to be looking to cash out of casinos

Quicken Loans Inc. founder Dan Gilbert is looking to exit the casino business, including properties in Cleveland, Cincinnati and Detroit, according to people familiar with his plans.

Lisbon and Beijing focus on strengthening economic relations

Lisbon and Beijing signed a protocol for the strengthening of bilateral relations. Beijing wants Portuguese investment. Lisbon wants to be China’s gateway to Europe. Strengthening

EasyJet targets more long-haul feeder ties after Singapore deal

EasyJet Plc Chief Executive Officer Johan Lundgren is in talks for further deals allowing passengers to connect with flights operated by long-haul carriers after announcing

Corporate Bits | The Venetian awarded at world travel awards

The Venetian Macao has taken three top titles at the World Travel Awards Asia & Australasia Gala Ceremony 2018, held in Hong Kong on Monday, after

Gaming | Visas for Dollars: Backers of failed Vegas casino may lose both

The Lucky Dragon casino in Las Vegas was pitched to foreign investors as a way to make money and score permanent residence in the U.S., but the now bankrupt

Russia | Rate hike in play as ruble revs up inflation at last

Russia’s central bank is setting the stage for an increase in interest rates as a weakening ruble fans inflation. Just five months after it stopped

Gaming | Things I never knew about Vegas until I ran a high-roller suite

In Las Vegas, the ultimate sand trap-turned-capital of capitalism, there’s no better byword for sophistication than the Cosmopolitan. Its 20-plus suites, known as the Boulevard Penthouses, are the most

Tariff fight adds to China’s economic challenges

China faces bigger economic challenges than its trade war with the U.S. Even before tit-for-tat tariffs, growth in the world’s No. 2 economy was already forecast

Corporate Bits | Macau international lantern festival opens

The opening ceremony of the 3rd Macau International Lantern Festival was held at the Waterfront Promenade of One Central Macau and Wynn Macau on Saturday. The event takes

Corporate Bits | MGM announces series of offerings

According to a statement issued by the gaming operator, MGM Macau’s Imperial Court and MGM Cotai’s Grill 58, Aji, Coast, Chún, Five Foot Road and Bar

Opinion | Fake islands could spell real economic trouble

Where is it that we’ve seen glittering archipelagos like Malaysia’s Forest City and Melaka Gateway developments before? Those stretches of newly packed white sand, dotted with palm trees, villas,

FedEx’d gems fueled India’s biggest bank fraud, report says

The price of the large yellow diamond alternately shrank and spiked by about a million dollars as it moved across the globe. The three-carat gem

Real Estate Matters | Investing or speculating?

What is the difference between an investor and a speculator? Is there a difference?  Fundamentally speaking, they are quite similar. They both allocate and deploy capital with the aim

Argentina asks early release of IMF funds to calm markets

President Mauricio Macri asked the International Monetary Fund on Wednesday for an early release of funds from a USD50 billion deal with the IMF to ease concerns

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