Asian development lender takes stock as US policy shifts 

Accelerating growth in Southeast and South Asia can help make up for slowing momentum in China but it requires smart investments in infrastructure and technology, the president of the Asian Development

Jakarta seeks compensation for Thai firm’s oil spill 

The Indonesian government is seeking $2 billion in compensation from Thailand's state oil company and its Australian unit for an oil spill in the Timor Sea nearly eight years

Hong Kong retail sales rise, ending two-year streak of declines

Hong Kong retail sales posted a surprise gain, rising for the first time in two years as tourism from China rebounded. Retail sales by value gained 3.1 percent

Toronto airport said worth USD3.7b

Canada is considering the sale of at least a minority stake in Toronto Pearson International Airport that values the country’s busiest airport at about C$5 billion (USD3.7 billion), according

Corporate bits | MGM receives social corporate responsibility award

MGM has received the “Outstanding Corporate Social Responsibility Award” at the 6th Cross- Strait-Four-Region Outstanding Corporate Social Responsibility Award Ceremony organized by The Mirror Post of Hong Kong.

Real Estate Matters | The Best Places to Live in Macau – 2017 – Part II

Welcome back to the second installment in this article on the most popular places to live in Macau. We are often asked by people new

Razon sees Trump as biggest risk to trade

U.S. President Donald Trump’s unpredictability and nationalist policies have become the biggest risk to global trade, Philippine billionaire and port operator Enrique Razon said. “There

Briefs | Ferrari profit jumps

Ferrari NV’s first-quarter profit jumped 36 percent as the Italian supercar maker benefited from demand for its priciest models, including the $2.1 million LaFerrari Aperta convertible and

Remote betting lifts money laundering risk at Manila casinos

In a VIP room reserved for high-spending gamblers at City of Dreams Manila casino in the Philippine capital, many of the players are nowhere to be seen.

Big conventions return, Vegas is on a winning streak

After the recession hit, companies and tourists shunned the country’s largest gambling hub. Now Las Vegas is on a winning streak. MGM Resorts International’s stock surged

Alitalia starts bankruptcy proceedings

Alitalia SpA started bankruptcy proceedings for the second time in a decade, throwing the survival of Italy’s flag carrier in doubt after workers rejected job cuts and

Guangzhou Rural Bank said to seek IPO approval

Guangzhou Rural Commercial Bank Co. plans to seek approval from the Hong Kong stock exchange this week for an initial public offering, according to people with knowledge

Corporate bits | City of Dreams launches “travel without limits” campaign

Pedestrians walk past an entrance for the City of Dreams complex, operated by Melco Crown Entertainment Ltd., in Macau, China, on Saturday, Aug. 29, 2015. Macau is scheduled to

China’s Didi raises over USD5.5b in record tech funding

Ride-hailing giant Didi Chuxing raised more than USD5.5 billion from investors, scoring the largest round of funding ever for a technology company to bankroll an expansion

Swiss watchmaker Breitling agrees to sell to CVC

CVC Capital Partners has agreed to buy Breitling, the Swiss watchmaker known for aviation-themed timepieces worn by actor John Travolta, in a deal said to be

Corporate bits | Thriller live returns to the Parisian

Thriller Live, a theatrical concert that commemorates one of the world’s greatest entertainers, Michael Jackson, returned to The Parisian Theatre last Friday. Following its successful run

Ask the Vet | Common questions about queening and breeding cats

Breeding cats can be a wonderful experience. However, unless you are prepared to learn how to take care of a breeding cat and have homes for all the kittens,

Corporate bits | Wynn holds leadership program graduation ceremony

  Gaming operator Wynn recently organized a graduation ceremony for the first batch of employees who successfully completed the “Leadership Acceleration Program-Gaming,” launched in 2016. The ceremony also aimed

Real Estate Matters | The Best Places to Live in Macau – 2017 – Part I

“Where is the best place to live?” is a question we are often asked by people new to Macau and hunting for a home, so every year for

Retail | Hermes confirms luxury rebound with strong gains in Asia

Hermes International SCA reported quarterly sales that beat estimates as the brand’s new production sites maintained faster output of Birkin bags and other leather goods

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