Nature | GM plans to launch 10 electric cars in China by 2020

General Motors Co. plans to launch 10 electric and gasoline-electric hybrid vehicles in China by 2020, an executive said Friday, as automakers speed up the rollout of

Real Estate Matters | Clarifying costs for buyers – Part III

Investing in a property involves not only the purchase price of the property itself, but also the associated costs of the purchase. In this 3 part series, we

Local bank pledges USD375m to ‘Belt and Road’ initiative

One of Macau’s major banks has granted more than MOP3 billion (about USD375 million) to support companies doing business in the ‘Belt and Road’ regions since

Emirates shifts planes eastward as Trump ban stymies US plans

Emirates will shift aircraft to destinations in Malaysia, Oceania and Africa as the airline scrambles for alternatives after eliminating 25 weekly flights to the U.S. in

Gaming | ‘Osaka Strip’ may challenge Macau, Las Vegas

As Japan makes way for investment in resorts, consulting group Global Market Advisors believes that the construction of an “Osaka Strip” involving three or more operators could

Corporate bits | MGM sponsors conference on intellectually disabled people

MGM once again sponsored the “Conference on Intellectually Disabled People in Asia” as one of its initiatives in raising public awareness on social inclusion. The

Ferrari roars back in China as rich snub Xi’s austerity push

Four years after China’s President Xi Jinping started cracking down on corruption and conspicuous consumption, the most extravagant fast cars are making a comeback. Chinese

Tax increase yields USD4.6m for Vegas stadium in first month 

Taxpayers contributed more than $4.6 million for an NFL stadium in Las Vegas in the first month that a new increase on area hotel taxes went into effect— ahead

The Buzz | Emirates trims US flights after Trump administration curbs

The Middle East’s biggest airline says it is reducing flights to the United States because of a drop in demand caused by tougher U.S. security measures and attempts

China to relax trading of used cars to spur new vehicle demand

China will take further steps to relax trading of used cars in an effort to encourage existing owners to sell their old vehicles and buy new

Business group | China backtracking on market opening

An American business group says China’s push to develop its own technology and other industries has “narrowed the space” for foreign companies to compete in its market. In a report

Corporate bits | Sands China holds activity for MSO

On Friday, 50 Sands China Care Ambassadors invited 50 members of the Macau Special Olympics (MSO) to a carnival held at Paradise Gardens at Sands Cotai Central.

Tokyo’s skyline set to see 45 new skyscrapers by 2020 Olympics

Tokyo’s skyline is set to welcome 45 new skyscrapers by the time city hosts the Olympics in 2020, as a surge of buildings planned in the early years

Moutai aims for 2017 sales growth of 15 percent

China’s Kweichow Moutai Co., the world’s most valuable liquor distiller, said it aims to boost revenue by more than 15 percent this year as it benefits from Chinese

Analysis | Retail Prada needs to work it before any recovery’s guaranteed

After the excitement of LVMH Moet Hennessy Louis Vuitton SE's forecast-busting performance, luxury has come down to earth with a bump. Prada SpA last week unveiled its lowest

China car dilemma: Beijing wants electric, buyers want SUVs 

Automakers face a dilemma in China's huge but crowded market: Regulators are pushing them to sell electric cars, but buyers want gas-guzzling SUVs. The industry is rattled by Beijing's proposal to

Real Estate Matters | Clarifying costs for buyers – Part II

Investing in a property involves not only the purchase price of the property itself, but also the associated costs of the purchase. In this three-part series, we

Trade | Brazil may lose up to USD1.5 billion in meat exports on probe

Brazilian meat companies may lose as much as USD1.5 billion in exports this year after a corruption scandal that raised concerns on product quality led several

30th anniversary | McDonald’s Macau plans to add three stores this year

McDonald’s Macau marked its 30th anniversary yesterday, launching a “McDonald’s Macau 30th Anniversary Memories Playland” at the Science Center to celebrate with the local community. Open to the

Starbucks extends China health coverage to workers’ parents

Starbucks Corp. will provide Chinese workers with health insurance that extends coverage to their parents, a unique offering by the coffeehouse chain that may be used

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