E-Commerce | EBay rattles investors already spooked by threat of Amazon

EBay Inc. rattled investors by trimming its annual revenue forecast, signaling that the online marketplace is losing momentum as the critical holiday season approaches. Shares

Corporate Bits | Sands China launches micro-movie featuring David Beckham

Sands Resorts Macao has launched an online micro-movie featuring international businessman, sportsman and The Venetian Macao brand ambassador David Beckham, along with several Chinese celebrities who

Swatch CEO boosts hiring, inventory to keep up with watch demand

Swatch Group AG, the largest Swiss watchmaker, is boosting headcount and inventory to record levels to keep up with accelerating demand across its portfolio of 18 brands. Swatch hired

Bitcoin tests USD7,500 as crypto tokens rally back to June levels

Cryptocurrencies extended their rally yesterday, with Bitcoin breaking above USD7,500 for the first time since June as the market seeks to shrug off some of

Japan | Casinos face last milestone on road to legalization

Japanese lawmakers are expected to pass a casino bill that is the final hurdle for the legalization of gaming resorts, bringing international operators a step closer to

The Buzz | EU fines Google a record USD5 billion over mobile system

The European Union’s antitrust chief has fined Google a record USD5 billion for abusing the market dominance of its Android mobile phone operating system. EU Competition Commissioner Margrethe Vestager

Japan, EU sign trade deal eliminating nearly all tariffs

The European Union and Japan signed a widespread trade deal that will eliminate nearly all tariffs, seemingly defying the worries about trade tensions set off

Corporate Bits | BCM opens Iao Hon branch

BCM Bank hosted a Grand Opening Ceremony on Monday for its new Iao Hon Branch located at Rua Um Bairro Iao Hon. Harold Wong,

Angola annuls USD1.5b port deal with Dos Santos linked firm

A company with ties to Africa’s richest woman, Isabel dos Santos, is threatening to seek compensation from the Angolan government after losing concession rights to build a USD1.5 billion

Gaming Alert | New Jersey gets five more sports betting applications

New Jersey regulators have received five additional applications from gambling companies seeking to start offering sports betting before football season starts in September. David Rebuck,

Alibaba’s Ele.me seeking at least USD2b in funding, sources say

Ele.me, the food delivery platform acquired by Alibaba Group Holding Ltd., is on the hunt for USD2 billion of new financing to help in its fight against

Anbang is said to consider sale of health insurer Hexie

Anbang Insurance Group Co. is weighing a sale of its Hexie Health Insurance Co. unit as the troubled Chinese firm reviews its assets for possible

Hong Kong | Tutoring firm Bexcellent soars 22 percent in debut

Bexcellent Group Holdings Ltd., whose top tutor earns more than HKD40 million (USD5.1 million) a year, surged as much as 34 percent on the first day of

Corporate Bits | Sands China hosts company-wide blood drive

Sands China has once again teamed up with the Macau Blood Transfusion Centre to host a company-wide blood drive at the company’s properties. Over 170 team

Gaming | New Jersey track brings sports bets to New York’s doorstep

A northern New Jersey horse racing track has brought legal sports betting to New York City’s doorstep. The Meadowlands Racetrack in East Rutherford began taking sports bets on

Real Estate Matters | Saving the environment through real estate

When you think of environmental pollution, what comes to mind? It’s probably the exhaust spewing out of the millions of vehicles and the waste that leaks out of

Singapore’s rich turn wary of bonds sold by smaller firms

Singapore’s smaller companies will likely have to pay more to roll over borrowings in the local bond market ahead of unprecedented maturities, as the wealthy

UK releases long-awaited and already derided Brexit plan

The British government released detailed plans yesterday for what it calls a “principled pragmatic and ambitious” Brexit — plans that have already triggered the

Gaming | Hard Rock, Bet365 plan sports betting in New Jersey

Hard Rock has signed a deal with a British online gambling company to offer sports betting as soon as the arrangement is approved by New Jersey gambling

Media | Murdoch’s 21st Century Fox ups Sky bid to beat rival Comcast

Media mogul Rupert Murdoch’s 21st Century Fox increased yesterday its bid to take full control of lucrative European pay TV service Sky in a

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