Corporate Bits | CEM attends 4th Guangdong, HK and Macau Power Industry Summit

Top executives attending the Summit included CSG Chairman Zhao Jianguo, CLP Holdings Limited’s CEO Richard Lancaster, CGN Chairman He Yu and Principal Advisor to CEM’s Executive Committee João Travassos da

Toyota joins Honda in cutting prices amid China antitrust probe

Toyota and Honda’s Chinese ventures joined Daimler’s Mercedes- GAC Toyota Motor Co., the Japanese maker’s venture with China’s GAC Group, will cut prices on some components from Aug. 18, according to

McDonald’s sales hit by China scandal, US weakness

McDonald’s says a global sales figure fell 2.5 percent in July, dragged down by persistent weakness in the U.S. and a food safety scare in China. The world’s biggest hamburger chain said

Corporate Bits | Macao gaming show announces ‘bigger and better’ slot experience

David So, Slot Experience Center Manager said: “The Slot Experience Center was an idea created by MGS to help Electronic Gaming Machine manufacturers receive important feedback from slot players. In

Africa | Ebola starting to take an economic toll in region

Caterpillar has evacuated a handful of employees from Liberia. Canadian Overseas Petroleum Ltd. has suspended a drilling project. British Airways has canceled flights to the region. ExxonMobil and Chevron are

ASK THE VET | Ear Mites in Dogs and Cats

by Dr Ruan Du Toit Bester Ear mites are extremely contagious. They can be passed from the mother animal to her offspring. Additionally, the mites are easily spread to

Japan architects sell lifestyle on a global stage

A new generation of Japanese architects believes the world has fallen out of love with the 20th century steel and concrete skyscraper. They are pushing a human-friendly alternative that some

Real Estate Matters: The demand for rental property is still rising…

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 | Control what you can

If you follow my Twitter feed, then you know that near the start of the World Series of Poker, I tweeted, "Didn't think it was possible to run this bad

China probes automakers, technology firms

On Wednesday, a regulator said Chrysler and Germany’s Audi will be punished for violating anti-monopoly rules. Mercedes Benz and Japanese companies also are under scrutiny. A probe of Microsoft was

melco announces stock repurchase program

market repurchases of up to an aggregate of USD500 million of their trading value until the expiry of the Company’s current share repurchase mandate granted to the board of directors

Samsung, Apple agree to drop lawsuits outside US

Samsung and Apple Inc. have agreed to end all patent lawsuits between each other outside the U.S. in a step back from three years of legal hostilities between the world’s two

HK court: Tycoon can sue Google over autocomplete 

A court has ruled that a Hong Kong tycoon can sue Google over its autocomplete results suggesting he has links to organized crime. In a judgment released yesterday, the court dismissed

Corporate Bits | Five Sands China restaurants win wine spectator restaurant awards

The distinction by Wine Spectator is given to restaurants across the world for quality wine list selections and presentation, awarded at three levels: the Award of Excellence, the Best of

Xiaomi beats Samsung in Chinese smartphone market 

Xiaomi, a Chinese handset maker little known in the West, overtook tech giant Samsung Electronics Co. to become China’s top-selling smartphone brand in the second quarter, a market research company said yesterday. According

Vegas resort planned at former New Frontier site

A new resort could soon spring up on the vacant Las Vegas Strip site of the former New Frontier casino, thanks to a partnership between Australian billionaire James Packer and

Toyota profit up nearly 5 percent on sales growth 

Toyota Motor Corp. reported a 5 percent jump in quarterly profit yesterday, outpacing expectations as vehicle sales grew in North America and Europe, offsetting a drop in Japan. The Japanese maker

Corporate Bits | Phelps signs with new suit company 

Now, as he comes back from retirement, the most decorated athlete in Olympic history will have a different look. Phelps announced yesterday that he signed a deal with Aqua Sphere, a

Crown Resorts pays USD280m for Las Vegas Strip site

Crown Resorts Ltd., the gambling company controlled by billionaire James Packer, plans to open a casino on the Las Vegas Strip after paying USD280 million for a site formerly occupied

Corporate Bits | Zhuhai Yanlord Marina Centre apartments for sale in Macau

With a site area of approximately 40,000 square meters and a planned area of around 210,000 square meters, the Yanlord Marina Center, a 600-meter-long building complex along Zhuhai’s “lover’s road”,

Cheung Kong submits bid for some planes from lessor Awas

Li Ka-shing’s Cheung Kong Holdings Ltd. made a bid to buy a portfolio of planes from lessor Awas as the Hong Kong billionaire’s flagship company diversifies its investments into infrastructure. Cheung

CHINA | Services index drops to six-month low on property

A Chinese services-industry index declined to a six-month low in July, dragged down by a weaker property market. The non-manufacturing Purchasing Managers’ Index fell to 54.2 from 55.0 in June, the

China revamps Everbright Group in state business shake-up

The company will become a joint stock company instead of a “state-wholly-owned enterprise,” Hong Kong-listed unit China Everbright Ltd. said in an exchange filing yesterday. Set up in 1983, the

Corporate Bits | Two Macau students named Microsoft Office specialist World Champions

In its 13th year, the 2014 Microsoft Office Specialist World Championship attracted more than 400,000 candidates from 130 countries. 123 student finalists participated in the final round of the competition. Certiport

China bladder trade sending porpoise to extinction

Gillnet fishing in the upper Sea of Cortez has pushed the vaquita marina, the world's smallest porpoise, to the brink of extinction, according to an environmental report published Friday which

REVIEW: A look at the recent revival of South African wine’s with the new kids in town

Born and raised in Sheffield, UK Richard worked as a chef before moving to the wine trade while often listening to the Clash. Richard got a basic winemaking diploma by

WORLD VIEWS: Portugal should allow BES to fail

Back in August 2008, as the credit crunch was really starting to bite, Tim Price, director of investments at PFP Wealth Management in London, had this to say: A banking

Cheung Kong’s profit rises 59 pct as home sales rebound

Cheung Kong Holdings Ltd., the property developer controlled by billionaire Li Ka-shing, said first-half profit gained 59 percent on a one-time gain and an increase in Hong Kong home sales. Net

REAL ESTATE MATTERS : One question on everyone’s mind; Are we in a property ‘Bubble’?

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.   The

PROJECT POKER: From piste to poker

For those who might not know me, I'm a 28-year-old cross-country skier. I've been skiing all my life, starting out not-so-good and eventually becoming quite successful, being part of the

Incheon culture hub bid buoyed by bond law change

Incheon, a port city west of Seoul that two years ago ran out of money to pay its workers, is using borrowed funds to transform into a modern cultural, sporting

Corporate Bits | Cuban Jazz legend Arturo Sandoval coming to the Venetian

only performance go on sale Friday, Aug. 1. Sandoval has been seen by millions at acclaimed awards shows, including the Oscars, Grammies, and the Billboard Music Awards, performing with international stars

Corporate Bits | Sri Lanka study tour awarded to participants who build micro-shelters for homeless

“We profoundly understand the immediate need for talent cultivation in various fields as we strive to provide quality training services for local youth. Through organizing a host of community-oriented activities,

Microsoft spreads Cortana abroad in Windows Phone

Microsoft is spreading its Cortana digital assistant abroad, starting with China and the U.K. The company’s corporate vice president of operating systems, Joe Belfiore, said yesterday in Beijing that Chinese and British users

Toyota remains at top in sales after first half 

Toyota remains No. 1 in global vehicles sales after the first six months of this year, followed by Volkswagen which bumped General Motors out of second place as the U.S.

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