Hong Kong braces for higher rates as currency losses quicken

How long can it last? That’s what watchers of Hong Kong’s markets are asking as the gap between local and U.S. interbank rates widens to

Caesars hires two executives to lead expansion beyond gambling

Caesars Entertainment Corp. hired two executives to help expand beyond gambling, including licensing the Caesars and Harrah’s brands to hotels that may not feature casinos. As

Real Estate Matters | The Rental Process For Tenants; Part 4

This is the fourth part of the five part article about the rental process for tenants, hopefully you will have read last weeks article about the process

Singapore luxury home prices set to recover, Guocoland says

Singapore’s luxury home prices, which have been the worst hit by the government’s property curbs in recent years, are finally showing signs of a recovery, according

Malaysia, Indonesia Muslim groups call for Starbucks boycott

Muslim groups in Malaysia and Indonesia have called for a boycott of Starbucks because of the coffee chain’s support for LGBT rights. Malaysian group Perkasa,

Corporate bits | The Roadhouse Macau holds ‘Rock for Relief’ fundraiser

Local bar and restaurant, the Roadhouse Macau, held a fundraising campaign titled “Rock For Relief” on Saturday to raise funds for the victims of the Portugal and

Taiwan Dollar’s | Asia-best rally seen halting in second half

The Taiwan dollar’s Asia-topping gains are coming to an end, local traders say. The currency, which jumped 6 percent in the first

Technology | Alibaba challenges Google, Amazon with new Echo-like device

The competition in digital speaker-assistants is getting more intense, as Alibaba Group Holding Ltd. unfurled an Amazon Echo-like device and fellow Chinese internet giants Tencent

Corporate bits | ‘The Fresh Cook’ films episode at the Parisian Macau

Chinese television show “The Fresh Cook” was recently filmed an episode on location at The Parisian Macao. The show was hosted by multiple award-winning international chefs, Jereme

Marijuana sales in Nevada exceed stores’ expectations

Recreational marijuana sales have exceeded the expectations of Las Vegas area store owners, who have seen long lines outside their dispensaries since Saturday, when Nevada became

TUI said to weigh resurrecting leisure carrier

TUI AG is considering resurrecting efforts to form a joint venture with Air Berlin Plc and Etihad Aviation Group by taking a bigger role in the

Hong Kong stocks unsettled by Macau’s June revenue miss

Hong Kong stocks fell for a second day yesterday, but managed to recover by the close on Monday, as casinos led declines after gaming revenue in Macau

Hollywood endings not enough to rescue China box office

China’s box-office receipts fell last month as Hollywood blockbusters failed to compensate for poor showings by local films. June movie ticket sales dropped 5 percent to

U.S. approves laptops on flights from Abu Dhabi

The U.S. Department of Homeland Security lifted its ban on electronic devices in the cabins of commercial jetliners flying to the U.S. from Abu Dhabi after validating

Corporate bits | Sands Resorts offering ‘Macau summer celebration’ suite packages

Sands Resorts Macau is offering suite packages as part of its “Macau Summer Celebration” promotion. The promotion includes discounts of up to 35 percent for visitors to enjoy

Gaming | Crown’s pain is investor gain as China trauma spawns new era

In just eight traumatic months, Crown Resorts Ltd.’s entire overseas strategy has unraveled. Investors haven’t had such a bad time. Some staff of the Australian casino operator

Workers brace for job fight amid electric-car shift

Workers at Mercedes-Benz’s biggest engine plant, worried about their jobs as the carmaker shifts to electric technologies, are ratcheting up their fight over the

H&M sales buoyed by further expansion, cost controls 

Swedish low-cost fashion brand Hennes & Mauritz AB says second quarter sales increased by 10 percent to 59.5 billion kronor (USD7 billion) mainly because of its continued expansion and

Real Estate Matters | The Rental Process For Tenants Part 3

Hopefully you read last week’s article about securing an apartment. Once all deposits, fees and rental amounts have been paid as outlined in last weeks

Singapore | Monetary Authority says not yet time to ease property curbs

Singapore’s central bank said it’s not yet time to ease property curbs and the adjustments made by the government in March don’t signal an unwinding

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