World Bank: China needs reform, not growth targets 

China’s growth could decline to close to 7 percent next year but Beijing should focus on overhauling its economy instead of trying to stick to official growth targets, the World

Beijing to end UnionPay bank card monopoly

China’s government indicated that it’s set to end China UnionPay’s monopoly on bank-card clearing in the nation, opening the way for domestic and foreign competitors. Foreign and Chinese companies can apply

Corporate Bits | Global traditional medicine conference to be held November in Macau

Focusing on the construction of traditional medicine culture and ecological civilization, about 1000 participants will attend the conference, including Chinese and foreign political figures, masters of traditional Chinese medicine, representatives

Alibaba’s Ma seeks Hollywood partners in content push

Billionaire Jack Ma said Alibaba Group Holding Ltd. is seeking partners in Hollywood as China’s biggest e-commerce operator wants to acquire more content for smartphones and tablet computers. Ma is visiting

Xiaomi moving Indian user data to servers outside China

Xiaomi Corp. is moving Indian users’ data away from servers in China after the Indian Air Force warned its staff the company’s smartphones pose a security threat. The transfer to

Corporate Bits | CEM delegates participate in 20th electric power supply industry conference

The CEPSI 2014, themed “The Role and Responsibilities of the Electric Power Industry to Make a Smart and Green Society”, focused on climate change, nuclear safety, smart grids, power construction

China stocks post longest losing streak on HK bourse link delay

China’s stocks fell for a fifth day, posting the benchmark index’s longest losing streak this year, amid concern the delay to the start of the Hong Kong-Shanghai bourse link will

Corporate Bits | New Era for duty free airport shopping

MIA welcomes the dual duty free operators and will collaborate with them in creating a new era of duty free shopping for MIA passengers. The events gathered more than 150 participants

Corporate Bits | Stand-up comedian Dayo Wong returns to Venetian

Since first taking the Cotai Arena stage in October 2012, Wong has been tickling his audiences with his witty sense of humor. Saturday’s show – his fourth at the marquee

Kering sales bolstered by marketing at Puma as Gucci drops

Kering SA reported third-quarter revenue that met analysts’ estimates as growth for Puma sports gear offset the effects of weaker Chinese spending on sales of Gucci handbags. Revenue climbed 3.3 percent

Vietnam arrests tycoon for lending fraud 

Police in Vietnam have arrested a prominent businessman and one of the country’s richest men on suspicion of lending fraud, as authorities step up their crackdown on financial crimes in

Ask the Vet | Feline Obesity Causes

Genetic Factors Just like in humans, certain cats are prone to being overweight. This is due to the genetic information inherited from the parents. Medical Conditions Certain medical conditions will cause obesity in

Corporate Bits | Conrad Macao, Cotai Central recognized by “2014-2015 city traveler best hotel awards”

Established in 2008 in Shanghai, City Traveler is a high-end luxury magazine targeting female travellers, offering its readers current news and information on business and leisure travel, celebrity travel, health

Tesco chairman resigns after accounting scandal

The chairman of Tesco, the world’s second-biggest retailer behind Walmart, announced his resignation yesterday amid an accounting scandal in which the company admitted it had overstated its projected profits. Richard Broadbent

Real Estate Matters |Top 20 Questions On Renting A Property In Macau – Part 3 Renting an apartment can be a traumatic experience

Juliet Risdon is a Director of JML Property and a property investor. Having established the company in 1994, JML Property offers Investment Property & Homes. It specializes in managing properties

PROJECT POKER : Love the process

Recently I had the opportunity to return to my first passion, field hockey, as a television analyst for the Hockey World Cup. This year's tournament took place in The Hague

Caesars seeking to build USD1 billion casino in Philippines

Chairman Gary Loveman and Steven Tight, president of the Las Vegas-based casino owner’s international development unit, held preliminary talks with Philippine President Benigno Aquino last month in the U.S. to

Total CEO killed in Russian plane crash

The head of French oil giant Total SA was killed at a Moscow airport when his corporate jet collided with a snowplow whose driver was drunk, Russian investigators said yesterday. Total confirmed “with deep

Samsung seeks boost from redesigned Note 

With the Note 4 launch in the U.S. last week, Samsung introduced one of the biggest design changes to the Note series since it started sales three years ago, ditching plastic in

Corporate Bits | Sands China Ltd. announces 2014 third quarter results

Adjusted EBITDA for the third quarter of 2014 increased 3.3 per cent to USD811.0 million (HK$6,297.5 million), compared to US$784.8 million (HK$6,085.9 million) for the same quarter 2013. Profit for

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