Xi promises to rein in executive pay 

China’s president has promised to rein in “unreasonably high” pay for executives at state companies in an apparent effort to mollify public frustration at the wealth of government-owned industry. President Xi Jinping’s announcement,

Li Ka-shing says HK needs to overcome democracy divide

Vinicy Chan and Dominic Lau Li Ka-shing, Asia’s richest man, said Hong Kong needs to overcome a divide over the election of its leader in 2017, as activist groups took to

Corporate Bits | Asian premiere of ‘Taboo X Miriam Yeung’ music video

Yesterday, Miriam attended the Asian premiere of the Red Hot Taboo music video at City of Dreams Macau. During the premiere, Mr. Chu Ming-yui, General Manager of Music, Entertainment and

Volvo plans safety-first SUV in revamp under mainland owner

Volvo Car Group is designing its first model under the ownership of Chinese billionaire Li Shufu’s Zhejiang Geely Holding Group Co. with an emphasis on automotive safety to revive worldwide

China says Mercedes guilty of price abuses

Benz violated anti-monopoly law and charged excessive prices for parts, adding to a growing number of global automakers snared in an investigation of the industry. The luxury unit of Germany’s Daimler

Corporate Bits | Sands participates in one day volunteer for the sixth year

Accompanied by 30 Sands China Care Ambassadors (SCCA), 60 local needy children and their family members enjoyed indoor leisure and cultural activities Sunday morning aimed at promoting a harmonious family

Weibo loss narrows as new users boost advertising revenue

The net loss was USD15.4 million compared with a loss of $35.1 million a year earlier, the Beijing-based company said in a statement dated Aug. 14. Sales more than doubled

IBM obtains US approval for sale of server business to Lenovo

The conclusion of the review by the Committee on Foreign Investment in the U.S., or Cfius, is “good news for both IBM and Lenovo, and for our customers and employees,”

Corporate Bits | HK rock band Mr. returns to the Venetian Macao

The band formed by Alan Po (vocals), Desmond Tam (bass), Quincy Tam (guitar), Ronny Lay (guitar) and Tom To (drums) kicked off the concert with “Yesterday” pumping up the crowd,

ASK THE VET | Determining Kitten Age

by Dr Ruan Du Toit Bester Look for the Umbilical Cord The smallest kittens will still have their umbilical cords attached. Kitten age on a kitten with an umbilical cord

Gold demand in China slumps 52% after buying frenzy subsides

Purchases in Asia’s largest economy plunged 52 percent to 192.5 metric tons in the three months to June from a year earlier, contributing to a drop in global consumption, the

Real Estate Matters | The 20 Biggest Property Investment Mistakes

Having established the company in 1994, JML Property offers Investment Property & Homes. It specializes in managing properties for owners and investors, and providing attractive and comfortable homes for tenants. Investing

project poker: Am I bored with hold’em?

I've been thinking lately about how when I first got interested in poker. One of the things that attracted me most to the game was how new and different it

Tencent profit surges as games boost messaging apps

Net income rose to 5.84 billion yuan (USD949 million) in the three months ended June from 3.68 billion yuan a year earlier, the Hong Kong-listed company said in a statement

Corporate Bits | Grand Hyatt Macau crisp and chic mooncakes gift box

The ‘Crisp & Chic Mooncakes’ Lobby Boutique in the lobby of Grand Hyatt Macau is open until 8 September, between 12:00 noon and 10:00 pm. Gift coupons can be purchased

Gaming alert | USJ touts Harry Potter wizardry to win Japan casino partners

  USJ Co. is counting on its cachet turning around a failing Universal Studios theme park in Japan to win a partnership with a foreign casino operator, as the country edges

Eying aging population | Manulife signs 1st Macau bancassurance deal

Manulife (International) has entered into a distribution agreement with Industrial and Commercial Bank of China (Macau), which will see Manulife’s products sold to the banks’ customers, international-adviser.com reported. Under the bancassurance

Jet Airways to close budget units in search for profit

Jet Airways, the Indian carrier 24 percent owned by Etihad Airways, will end its budget-airline units in an effort to turn its local operations profitable, Chairman Naresh Goyal said. The airline

Hutchison may sell control of Harbour Ring to Oceanwide

Hutchison units Promising Land International Inc. and Uptalent Investments Ltd. are in talks to sell their 71.4 percent stake in Harbour Ring, according to a Hong Kong stock exchange filing

Corporate Bits | CTM and Air Macau announce strategic partnership

The campaign, which was announced yesterday, features a joint Air Macau and CTM offer of air ticket discounts for CTM customers “as a recognition of their long term support over

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