Japan | Victory over mobile carriers triggers USD34b rout

NTT Docomo Inc. led a 3.8 trillion yen (USD34 billion) stock rout of Japan’s top three mobile carriers after it appeared to cave in to pressure from the

Corporate Bits | Macau shopping festival returns next month for 8th edition

The annual Macau Shopping Festival, now in its eighth edition, will return to the city from December 1 to 31, under the theme “Make Shopping Fun”.

NHL partners with MGM to share data for sports betting

The NHL announced a multiyear agreement this week to provide MGM Resorts International with data for use in betting, the second major U.S. professional sports league

Corporate bits | MGM international lion dance championship to be held this month

MGM and Wushu General Association of Macau are co- hosting their signature event “MGM Lion Dance Championship – Macau International Invitational 2018” on November 10 and 11,

Taiwan | Growth slows as trade tensions prompt consumer caution

Taiwan’s export-driven economy is cooling as escalating trade tensions between the U.S. and China weigh on local consumers. The expansion slowed to 2.3 percent in the

Corporate bits | BNU opens branch at University of Macau

BNU yesterday held the opening ceremony of its new branch at the University of Macau (UM), the bank announced in a press release. BNU has been

China is buying distressed private companies as markets sink

It’s never been easy to figure out where China’s government ends and the private sector begins, but the dividing line is getting increasingly blurry as

Ex-Audi CEO Stadler freed from jail in Diesel emissions case

German judges allowed former Audi Chief Executive Officer Rupert Stadler to leave the jail where he’s been since June, while warning that there’s still strong evidence

Pizza Hut will enlist robots in quest to slice delivery times

Pizza Hut is fusing two of America’s favorite pastimes - pizza pies and pickup trucks - in a bid to cut delivery times as fast-food competition heats

Indonesian airline whose plane crashed a low-cost high flyer

Lion Air, the airline whose plane crashed early yesterday while traveling from Jakarta to an island off Indonesia’s Sumatra with 189 people on board, is a

Australia | Household debt flashes red in Morgan Stanley report

Australia’s economy is most at risk in the developed world from household debt reduction because of weak house prices and potential tax changes that could curb property

Corporate bits | Sands China holds responsible gaming activities

Sands China’s Responsible Gaming 2018 activities began in October, with the company’s internal campaign lasting until December. The promotion seeks to foster responsible gaming practices and to

Yuan declines toward weakest level in more than a decade

China’s yuan slid toward its weakest in a decade and close to a key support level of 7 per dollar, before paring its loss slightly

Japan banks, China Investment to set up USD1.8b trade fund

Japan’s biggest banks and brokerages agreed to set up a USD1.8 billion fund with China’s state-run investment group to help companies enhance trade between the nations.

MGM Resorts wants to settle Vegas shooting victims’ claims

MGM Resorts International wants to negotiate a possible settlement with the victims of the Oct. 1, 2017, shooting at the Harvest Festival in Las Vegas, in which

McLaren’s USD2.3 million monster roars at Lamborghini and Ferrari

On Friday, McLaren debuted the £1.75 million (USD2.3 million) Speedtail, previously known by its BP23 codename. The all-new, three-seat “hyper-GT” is the next model in McLaren’s

Corporate Bits | Sands concludes fashion week

Sands Resorts Macao concluded the Sands Macao Fashion Week (SMFW18) on Wednesday after showcasing many retail brands available at Sands Shoppes Macao and supporting local up-and-coming fashion designers. As

Real Estate Matters | Preventing termite infestations

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

Xiaomi aims its priciest Phone at Huawei and Apple

Xiaomi Corp. really wants to shed its down-market image. China’s No. 2 smartphone maker is counting on its most expensive device yet to face off against Huawei

US shoppers may pay high price for America’s China addiction

U.S. companies are scrambling to line up factories and suppliers outside of China as the trade war hikes the cost of importing everything from furniture to

MACAU DAILY TIMES