Obituary | Alabama gambling magnate Milton McGregor dies at age 78

Alabama gambling magnate Milton McGregor, who waged a legal war to keep his electronic bingo casino open and thwarted federal attempts to prosecute him, died Sunday. He was

Asian stocks fall for third day on US-China trade tensions

Asian stocks fell for a third day yesterday amid mounting fears about U.S.-Chinese trade tensions. KEEPING SCORE The Shanghai Composite Index fell 1.2 percent

Uber is said to reach agreement on Southeast Asian sale to Grab

Uber Technologies Inc. has reached an agreement to sell its Southeast Asian ride- hailing business to rival Grab and could announce the deal as early

Hong Kong near to buying local dollars for first time since 2005

The Hong Kong Monetary Authority is on the verge of mopping up local dollars for the first time since a trading band was introduced in May 2005,

Real Estate Matters | Why are Properties in Macau so Expensive?

We often find clients arriving from overseas are absolutely shocked at the property prices in Macau. A look of disbelief is often followed by a phrase

African nations sign largest free trade agreement since WTO

African leaders signed what is being called the largest free trade agreement since the creation of the World Trade Organization. The deal creates a

Fosun eyes second shot to buy Greek insurer if winning bid fails

Fosun International Ltd came up short in its bid to buy National Bank of Greece SA’s insurance unit, but the Chinese conglomerate is still willing to swoop

Weinstein Co.’s bankruptcy could bring new wave of accusers

Is #MeToo part two on the way? With its bankruptcy, the Weinstein Co. has tossed out the non-disclosure agreements that officials say its co-founder

Corporate Bits | Sands Cotai central hosts community event for children

Around 40 children and their families from YMCA Macau enjoyed breakfast with Thomas & The Little Big Club All Stars Saturday at Sands Cotai Central, hosted by

Ryanair buys Niki Lauda Airline in rare foray into dealmaking

Ryanair Holdings Plc agreed to buy an Austrian airline from former Formula One motor-racing champion Niki Lauda, only the second acquisition in the Irish carrier’s

US | Leagues, casinos lobby states for cut of legal sports bets

With the Supreme Court poised to rule on a case that could end the federal ban on sports gambling, more than a third of U.S. states are

Apple is said to develop displays to replace Samsung screens

Apple Inc. is designing and producing its own device displays for the first time, using a secret manufacturing facility near its California headquarters to make small numbers

Hong Kong | Swire Properties signs deal with WeWork for space

Swire Properties Ltd. has signed an agreement with WeWork Cos. to lease four floors providing about 54,000 square feet in a commercial tower in Taikoo

Corporate Bits | Arcadis expects construction costs to increase

Construction costs in China and Macau are expected to go up by around 3 percent and 1 percent in 2018 and 2019 respectively, according to Arcadis’ latest 2018 China

Li Ka-shing, longstanding Asian mogul, hands reins to son

Li Ka-shing, a wartime refugee who used to sweep factory floors in Hong Kong for a living, retired after a career spanning more than half

McLaren: We won’t follow Ferrari, Corvette into electric future

It’s not often that the head of a major car company will admit to not being up to speed on the latest, hot industry-wide trend. Jolyon Nash

Corporate Bits | MGM to present artworks from collection in art basel

MGM Resorts International will continue its partnership with Art Basel in Hong Kong for its 2018 edition, which will be held from March 29 to 31

Gaming | Saipan casino operator raided by US federal agents

U.S. federal agents raided a Saipan office of Imperial Pacific International Holdings Ltd. last week, according to people familiar with the matter. The investigators took documents

Toys R Us demise to have impact from toy makers to landlords

The demise of Toys R Us will have a ripple effect on everything from toy makers to consumers to landlords. The 70-year-old retailer is

Corporate Bits | ‘La Parisienne’ cabaret performance kicks off tonight

The Parisian Macao will bring “La Parisienne” Cabaret Francais to its theater tonight, a show that features a variety of performances blending illusion, dance, acrobatics and

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