Corporate bits | Episode of Sing! China filmed at the Cotai Arena

Four of China’s most popular singers made a sensational appearance for Sing! China at The Venetian Macao’s Cotai Arena, where an episode of the hit reality TV show

Las Vegas Shooting | Guests scanned at the Wynn in glimpse of Las Vegas’s future

At entrances to the Wynn resort in Las Vegas on Monday afternoon, guards scanned visitors with metal-detector wands and inspected their bags, creating a 10-minute wait

Monarch files for insolvency in biggest UK airline failure

U.K. leisure carrier Monarch filed for insolvency in Britain’s biggest-ever airline collapse, leaving the government to arrange the return of 110,000 tourists and marking the third

Real Estate Matters | Some Interesting Facts About Macau Property – Part 2

6. WHY PROPERTY PRICES ARE IN HKD It is a common misconception that the reason property prices are HKD is to take advantage of the 3% difference in

Smartphone effect casts a shadow over Asia’s bumper export year

The rush to upgrade smartphones may be ebbing, prompting economists to dial back the outlook for Asian exporters. Early indications, including signs of disappointing orders, point to a

Hong Kong’s airport needs USD8.8b debt for third runway

Construction workers have already started the work toward filling in part of the South China Sea to make room for Hong Kong airport’s third runway.

Alstom, Siemens forget high-speed-rail feud amid Asian onslaught

Alstom SA’s merger with the train-making arm of Siemens AG will mark the end of a bitter rivalry as the European rail industry’s biggest adversaries unite in

Singapore home prices have bottomed, Hong Kong ‘crazy,’ BNP says

Singapore home prices have reached a bottom and will rebound, while Hong Kong’s “crazy” housing market will continue to defy gravity, according to BNP Paribas SA.

China postpones food import controls after global outcry

China has delayed enforcing sweeping new controls on food imports following complaints by the United States, Europe and other trading partners that they would disrupt billions

Alibaba takes control of loss-making delivery business

Alibaba Group Holding will buy control of unprofitable delivery business Cainiao for 5.3 billion yuan (USD800 million) and spend billions of dollars more to expand a shipping

Nestle plans USD10 billion revamp as activist Loeb takes aim

Nestle SA plans to switch in or out of businesses with combined sales of almost 10 billion francs (USD10 billion) as Chief Executive Officer Mark Schneider

Chinese developers plunge as officials tighten housing curbs

Chinese property stocks plunged in Hong Kong after a raft of mainland cities added housing curbs, wrong footing investors betting that the government’s next step would be

Australian banks to scrap cash machine charges for all customers

Australia’s four largest banks have scrapped cash withdrawal charges for all users, as the banking industry tries to salvage its reputation after a series of scandals.

Uber regroups after London taxi setback as Lyft signals interest

Uber Technologies Inc. is prepared to make concessions to restore its revoked London taxi license, the Sunday Times reported, two days after the ride service said it would fight

Corporate bits | MGM steps up typhoon recovery efforts with disaster-management training

MGM has donated funds and offered volunteer support for the Macau community following Typhoon Hato last month. Now it is also sponsoring the training of disaster-management specialists in

The Buzz | Amazon deepens its push into India

Amazon.com Inc. is set to buy a 5 percent stake in Indian retailer Shoppers Stop Ltd., as the U.S. company steps up efforts to gain ground in the

The ATM at 50: How it’s changed consumer behavior

An automated teller machine. The cash machine. In Britain, a cashpoint. ATMs, known for spitting out USD20 bills (and imposing fees if you pick the wrong one),

Real Estate Matters | Some Interesting Facts About Macau Property

1. THE LAW ON SECURITY DEPOSITS The usual security deposit (or ‘bond’ as it is sometimes called) in Macau is an amount equivalent to 2 months

Google buys HTC’s Pixel team in USD1.1b bet on devices

Google is biting off a big piece of device manufacturer HTC for USD1.1 billion to expand its efforts to build phones, speakers and other gadgets equipped with

Las Vegas officials waiting for Denver to act on pot lounges

Officials with authority over the Las Vegas Strip on Tuesday decided to wait until the city of Denver approves the nation’s first marijuana club before they further

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