HSBC warns of risks to world economic growth as profit dives

London-based bank HSBC reported yesterday that its annual profit slumped following a year it said would be remembered for “unexpected economic and political events” and warned of risks

Singapore budget 2017: Winners and losers

In a bid to boost growth and productivity amid global economic and geopolitical uncertainties, Singapore Finance Minister Heng Swee Keat announced measures to support infrastructure projects

One-third of restaurants report growth in December survey

The results of the latest “Business Climate Survey on Restaurants and Similar Establishments” were released yesterday in a statement published by the Statistics and Census Service

Game site said to seek funds at USD1.2b valuation

Douyu, the live- streaming service backed by Tencent Holdings Ltd. that’s been compared to Amazon’s Twitch, is in talks to raise a billion yuan (USD145 million) in

Audi China dealers demand USD4b to cover sales losses

Audi dealers in China are demanding 28 billion yuan (USD4 billion) to cover losses over the past three years that they blame on the automaker adding

Singapore, Hong Kong restart dual-class push to snag IPOs

Hong Kong and Singapore are at it again. The Asian financial hub rivals are reviving a debate on dual-class shares as global competition for the hottest initial

Ask the Vet | DHLPP (5 in 1) Vaccine For Dogs

The five-in-one vaccine for dogs is not a compulsory vaccine, but may help your dog and prevent various diseases that commonly affect canines. DHLPP are initials that stand

Real Estate Matters | Common misconceptions about renting a property in Macau – Part 4

After many years of handling rental transactions we would have to be completely blind not to see some recurring patterns amongst tenants, especially when people first arrive

MGM China | Gaming market has ‘stabilized’

Gaming operator MGM China reported a total revenue of HKD14.9 billion for the 2016 financial year.  In the year under review, MGM China recorded

Melco Crown | Q4 revenue up 13 percent

Melco Crown Entertainment Ltd. yesterday reported its unaudited financial results for the fourth quarter and for the full year ending December 31, 2016.

Seac Pai Van’s water plant size trimmed

Macau’s water distributor Macao Water Supply Co Ltd has reduced the land size of its Seac Pai Van water plant, whose construction is expected to begin in

China casino crackdown infects Sydney as Star VIP turnover hit

China’s clampdown on overseas casino operators is being felt in Sydney as Star Entertainment Group Ltd. reported a slump in its international high-rollers business after the detention of

Singapore to ease VC rules to promote financing for startups

Singapore is proposing to ease regulations for venture capital managers including shortening their application process in a bid to promote financing for startup development. Under

Toyota hopes revamped plug-in sells better than first model 

Toyota has revamped its plug-in hybrid with a longer cruising range and quicker charging, including from a regular home plug, hoping it will sell better than the

Hong Kong | TVB sweetens buyback offer; shares soar

Television Broadcasts Ltd. sweetened the terms of its share buyback offer after Hong Kong’s dominant free-to-air TV broadcaster received an unsolicited bid for 29.9 percent of

Singapore still sees value in F1, tourism chief says

Singapore is still interested in hosting the Formula One race if the terms are right, and discussions on keeping the event in the Southeast Asian nation

Corporate bits | MGM Resorts International to support Hong Kong art project

MGM Resorts International will support Art Basel’s public art project in Hong Kong, strengthening its ongoing partnership with the world’s premier international art show. The

Corporate bits | MGM Macau launches new gastronomy concepts

MGM Macau has added two new concept restaurants to its gastronomic lineup with the opening of North and South.  Located at Square Eight, which has undergone

China’s tech tycoons see their health-care dreams hit by reality

In 2014, billionaire Jack Ma, founder of online retail giant  Alibaba Group Holding Ltd., declared his ambition to make China’s hospitals better, drugs cheaper and people healthier.

Bank of France warns voters on cost of Euro exit

Bank of France Governor Francois Villeroy de Galhau cautioned French voters about the costs of withdrawing from the euro, noting that local interest rates are already

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