Hong Kong unveils investor ID plan for China trading link

International investors who trade in Chinese stocks using the Hong Kong exchange link will be monitored in real-time by regulators in both jurisdictions under a plan unveiled

Sports gambling clash at US supreme court unites Trump, NFL

All it took to bring Donald Trump and the National Football League together was New Jersey Governor Chris Christie and his Supreme Court bid to legalize sports

Corporate Bits | Lord Stow’s bakery joins efforts with Movember foundation

The Movember Foundation states it is the only charity tackling men’s health on a global scale, all year round.  The foundation is addressing some of

Corporate Bits | Wynn donates to Tung Sin Tong for 12th consecutive year

Wynn has once again contributed to Tung Sin Tong’s annual fundraising campaign, donating MOP500,000 to assist its poverty alleviation efforts and the provision of social welfare

Vietnam aims to raise USD4.8b selling stake in brewer

Vietnam is seeking to raise at least USD4.8 billion in the country’s biggest stake sale as an offering in a state-run brewer attracts potential

Cheng’s Kowloon tower 70pct leased before opening

New World Development Co. said the office component of the HKD20.3 billion (USD2.6 billion) Victoria Dockside complex in Kowloon is already 70 percent leased,

European Central Bank | Global markets could face sudden drop

The European Central Bank says broad-based economic growth is keeping banks and markets stable in the 19-country eurozone — but warned that increased risk-taking by global investors

Corporate Bits | Local SME suppliers graduate from Sands’ academy

Sands China Ltd. recognized the second group of local SME suppliers to graduate from the Sands Procurement Academy yesterday, with a ceremony at The Venetian Macao’s Adelson Advanced Education Centre.

Airbus, Rolls-Royce, Siemens developing a hybrid plane

Airbus, Siemens and Rolls-Royce are teaming up to develop a hybrid passenger plane that would use a single electric turbofan along with three conventional jet

Luxury | Pink diamond fetches USD32m, Patek sets Asian record

A 14.93-carat pink diamond ring sold for about USD32 million at Christie’s in Hong Kong, at the low end of estimates in a volatile market for

Europeans still love paying cash, even if they don’t know It

Digital currencies may be getting all the buzz these days, but notes and coins still reign supreme in most of Europe. Cash made up around

China | Top Uber-for-trucks apps are said to agree on a merger

Huochebang and Yunmanman, China’s two biggest apps for Uber-like truck services, have agreed to merge, creating a company valued at more than USD2 billion, people

Media | Meredith buying Time Inc. for about USD1.8b

Meredith Corp. announced Sunday that it is buying Time Inc. for about USD1.8 billion, a deal CEO Stephen Lacy called “a transformative and financially compelling

Corporate Bits | ‘Legends in Concert’ coming to The Parisian in February

Celebrity tribute show, “Legends in Concert” is coming to Sands China’s The Parisian Macao for three nights between February 2 and 4, according to a statement from the

Gaming | Las Vegas looks outside the casinos to draw in millennials

In 2018, a zip line across the street from Caesars Palace and an e-sports arena at the Luxor will join the city’s entertainment repertoire geared toward

Innovation | UBS seeks to expand workforce in artificial intelligence

UBS Group AG is expanding its workforce in one of the few areas in banking where demand for talent is growing. “We’re currently recruiting more people for

Real Estate Matters | 25 property questions we were asked this year – part II

20. Question: What is ‘Stamp Duty’ in Macau? Stamp duty is the government tax levied on buyers of properties, and is usually paid by the buyer, not

Eurozone economy heading for strongest quarter since 2011

The 19-country eurozone is set for its best quarterly performance since early 2011, according to a closely watched survey yesterday, the latest sign that a

India is said to discuss USD6b Lotte, Peugeot ventures

South Korean conglomerate Lotte Group and French carmaker PSA Group have separately discussed proposals to invest as much as USD6 billion combined in India, a move

Corporate Bits | MGM donates MOP1.2 million to Tung Sin Tong

MGM donated MOP1.2 million to the Macau Tung Sin Tong Charitable Society, including MOP500,000 to its annual fundraising campaign, and a special donation of MOP700,000

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