Adultery site Ashley Madison sanctioned over client data breach

Adultery website AshleyMadison.com’s owner agreed to pay a steeply discounted USD1.65 million fine to resolve state and federal probes into a 2015 hack that exposed personal data

Opinion | Japanese casinos? Just sit out the first few hands

From the way investors in Macau’s casino stocks have been salivating at the prospect of a bill legalizing casinos passing through parliament in Tokyo, you could be forgiven for

ADB trims growth forecast for Asia due to slowdown in India

The Asian Development Bank yesterday trimmed its economic growth forecast this year for developing Asia to 5.6 percent. The revision was slightly below the previous projection of 5.7 percent

Italy’s largest bank to shed USD18.8b in bad loans, cut jobs

Italy’s largest bank, UniCredit, said yesterday it will unload 17.7 billion euros (USD18.8 billion) in soured loans, raise billions in new money and shed thousands of jobs as it

Corporate bits | Wynn donates mop500,000 to Tung Sin Tong

In response to Tung Sin Tong’s annual fundraising campaign, Wynn has made a donation of MOP500,000. The donation represents the 11th consecutive year that Wynn has supported

Singapore Airlines wants to be a budget carrier, too

When you think of Singapore Airlines Ltd., visions appear of cushy premium cabins, bespoke leather seats, and free-flowing Champagne poured by the carrier’s throwback “Singapore girls” flight

Casino stocks recover as Macau restricts ATMs less than feared

Casino stocks rebounded after the government of Macau, the world’s largest gambling market, placed restrictions on ATM withdrawals that weren’t as harsh as investors had anticipated.

Transportation | Qantas to fly direct Perth-London in 17 hours with Dreamliner

Qantas Airways Ltd. plans the first direct flights between Australia and Europe, using Boeing Co.’s Dreamliner to turn what was once a multi-day trip into 17 hours. Australia’s national

Tech | Refugees who fled communist Vietnam lured back by startup dreams

During Dang Van Tran’s numerous attempts to flee Vietnam at the age of seven he was shot at twice, nearly drowned at sea and stranded

Real Estate Matters | Macau Property Review 2016

A little earlier than usual, its time to take a look back over the year and review the events of 2016. The slump in 2015 carried over into

Cotai travel receives tourism quality award

Cotai Travel was awarded a “Service Star Award – Inbound Service” from the Macao Government Tourist Office (MGTO) as part of the office’s Quality Tourism Services Accreditation Scheme.

Uber drivers face hefty fines as Taiwan oposition grows

Investors and companies are getting a preview of how the Taiwan government’s plan to become “Asia’s Silicon Valley” might fare. Uber Technologies Inc., one of Silicon Valley’s most

Oil falls from 16-month high as OPEC production keeps on rising

Oil retreated from the highest close in 16 months as OPEC pumped a record amount of crude in November, partly led by members exempt from cutting output as

Corporate bits | MGM hosts recruitment fair for residents with disabilities

MGM hosted an interview day for local candidates with disabilities last week, which is one of the on-going campaigns included in the series of Mass Recruitment Fairs

Corporate bits | Wynn Macau continues to support ‘Walk for a Million’

Wynn Resorts subsidiary, Wynn Macau, has continued to financially support the annual charity event “Walk for a Million,” organized by the “Charity Fund from the Readers of

Ask the Vet | 10 Tips for Living with Blind Dogs

Living with blind dogs can be a challenging but rewarding experience for owners in Macau. Try these tips if you decide to bring a blind dog home

Official survey | China factory activity rises to two-year high

Activity at China’s factories and services companies accelerated last month to the highest level in more than two years, in the latest sign that the world’s

Corporate bits | MGM expands employee development program

MGM has announced that it has expanded its intensive PRIDE training program into four specific tracks, providing opportunities to 111 local team members. A total of 45

Real Estate Matters | What To Expect As A Landlord Clarifying Costs For Owners / Landlords

As a property owner about to lease out your property for the first time, the road ahead may appear straightforward. But are there hidden costs waiting for

Motors | Electric car factory planned in Arizona to have 2000 workers

Electric car maker Lucid Motors said it will build a manufacturing plant in Arizona that will begin production in 2018 as it looks to compete in the

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