Taiwan components maker is said to explore billion-dollar sale

Precision Motion Industries Inc., whose components are used in semiconductor equipment, is exploring a sale that could value the Taiwanese company at more than USD1 billion, according

China races to get toys and car parts to US before tariffs hit

The race is on to get Chinese goods into the U.S. before President Donald Trump’s tariffs bite. At sea and in the sky, the U.S.

New iPhone no help to assembler as Hon Hai slides down rankings

The contrast between Apple Inc.’s ascension to a USD1 trillion stock and the share performance of its biggest iPhone assembler just got even starker. Hon

Saudis indicate comfort with higher oil prices

Brent oil traded near the highest level in a week after Saudi Arabia was said to be content with the global benchmark crude breaking above

Gold continues ‘slow dance’ around USD1,200

Gold is sticking to a narrow trading range around USD1,200 an ounce even after holdings in bullion-backed exchange-traded funds plunged to their lowest in a year.

Trade war | Aussie dollar could surge in worst-case scenario, RBA study finds

Australia’s real exchange rate could surge and gross domestic product drop in the event of an all-out global trade war, Reserve Bank research conducted in March

Jack Ma warns China to prepare for 20-year trade war

Alibaba Group Holding Ltd. co-founder Jack Ma cautioned China’s business and political leaders to prepare for the trade war with the U.S. to last longer and have

Corporate Bits | BNU collaborates with Unionpay

According to BNU CEO Carlos Álvares, the collaboration opens up doorways for UnionPay credit/debit cardholders from Macau, Mainland China and other global destinations to make purchases

Philippines | Traders bail on stocks as ‘no positive news’ in sight

The Philippine stock market can’t catch a break. Its benchmark index slumped 1.7 percent yesterday, closing below a key level of 7,300 for the first time

Japan’s oldest winemaker readies for European grape onslaught

With the removal of tariffs on European wines as soon as next year, Kirin Holdings Co.’s wine- making unit is betting on Japanese grapes to weather

Corporate Bits | Wing Lei Palace introduces new cantonese dishes

Executive chef Tam Kwok Fung, who has recently taken the helm of Wing Lei Palace at Wynn Palace Cotai, introduced a new menu that features innovative Cantonese dishes

It’s crunch week again for Nafta with US and Canada at odds

U.S.-Canada trade talks are poised to come to a head this week, as negotiators bear down on their next deadline amid President Donald Trump’s threats to

Corporate Bits | UM admits 343 students through principal recommendations

Some 343 outstanding students have been admitted by the University of Macau (UM) through the Principals’ Recommended Admission Scheme, who will all receive scholarships. Among them, 45

China’s stocks sink past lowest level seen in USD5 trillion crash

China’s sinking stock market reached an unwelcome milestone, with the Shanghai Composite Index closing at the lowest level since 2014, erasing the last traces of its

Real Estate Matters | Selling your home

Regardless of what the reason may be, selling your own home can be an emotional process for many. It’s hard to reconcile the sentimental value of your own

Toyota ready to share hybrid-car secrets with China

Toyota Motor Corp. is preparing to divulge details of the hybrid-car engine technology it pioneered with the Prius to China in an attempt to catch up

Apple bows to the Chinese market again with latest iPhones

Apple Inc.’s latest iPhones show how even the world’s largest company has to surrender to the dictates of a crucial Chinese market. The iPhone Xs

Analysis | Apple finally gets how to play the China market

Five years ago Apple Inc. released a device it thought would appeal to consumers in one of its most important emerging markets. The iPhone 5c was

China stocks near four-year low as buyers lack punch

China’s policy makers are stuck with the most bearish equity market in years as their attempts to lift sentiment fail to gain traction. The Shanghai Composite

Crypto’s crash just surpassed dot-com levels as losses reach 80 percent

The Great Crypto Crash of 2018 looks more and more like one for the record books. As virtual currencies plumbed new depths yesterday, the MVIS

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