Giant shopping spree to show what’s really up with China economy

China’s consumers have cut back on purchases of everything from Apple Inc.’s iPhones to Swiss watches as the trade war with the U.S. hits the economy. Landing

Honda’s profit drops on incentives, currencies, flat sales

Japanese automaker Honda Motor Co.’s fiscal third-quarter profit fell 71 percent from a year earlier as growing incentives, an unfavorable exchange rate and flat vehicle sales offset

Real Estate Matters | How to de-risk your property portfolio (part 1)

Sam Lee is a marketing manager and property consultant at JML Property.  JML was established in 1994 and offers Investment Property & Homes. It specializes in managing

Samsung quarterly operating profit fell on slower demand

Samsung Electronics Co. has posted a near-30 percent drop in operating profit for the last quarter after seeing slowing global demand for its memory chips and smartphones. It still

Spain’s economy remains bright spot amid Euro-area slowdown

Spain remained an economic bright spot in the euro zone in late 2018 even though the country, like the rest of the region, faces a weaker outlook

More than USD125b of really old money awaits Asia heirs

It’s been a mournful start to 2019 for two of Asia’s richest families. Eka Tjipta Widjaja, who began as a coconut and palm-oil trader at age

Interview | Ghosn says arrest due to plot within Nissan

Nissan’s former chairman Carlos Ghosn, in his first interview since his arrest in November, blamed fellow executives opposed to forging closer ties with the automaker’s French

Corporate Bits | Sands holds carnival for children with special needs

Around 60 Sands Cares Ambassadors assisted children with special educational needs and their families at The Venetian Macao’s Cotai Expo Sunday for an afternoon of fun activities at the

China | Provinces slash growth goals as slowdown hits home

Chinese provinces are downgrading their targets for economic growth in 2019 as exports and consumption slow, pointing to a lower national goal likely to be agreed in

Gaming | US: Luxor Capital to own Atlantic City’s Ocean Resort Casino

A New York hedge fund that lent money to Atlantic City’s Ocean Resort Casino is assuming ownership of it. Luxor Capital Group was identified as the new owner in

Corporate Bits | MGM to present hip-hop dance crew Jabbawockeez

MGM will present hip-hop dance crew Jabbawockeez’s first-ever Macau residency show from March 2 to 31, the gaming operator announced in a statement. Billed as one of

NFL bullish about USD25b revenue goal as Super Bowl nears

NFL executive Brian Rolapp has an old photo on the wall of his office, hanging right in his line of sight. It shows a group of

Europe’s retail rout deepens as UK and Germany lose jobs

Europe’s retail crisis deepened as companies in the U.K. and Germany are poised to cut thousands of jobs as online shopping accelerates the erosion of sales from

German expert panel agrees on 2038 deadline to end coal use

In a pioneering move, a government-appointed panel on Saturday recommended that Germany stop burning coal to generate electricity by 2038 at the latest, as part of

Indonesia | Palm oil tycoon who built USD9b empire dies

Eka Tjipta Widjaja, who became a coconut and palm-oil trader at the age of 15 before building a multi-billion dollar empire with businesses spanning paper and pulp

Morpheus opens new retail space

Morpheus at City of Dreams has unveiled a new retail space called “Morpheus Boutique.” The retail space will feature a selection of must-have products appearing in Macau

Real Estate Matters | Can we predict what will happen to Macau’s property market in 2019?

Sam Lee is a marketing manager and property consultant at JML Property.  JML was established in 1994 and offers Investment Property & Homes. It specializes in managing

A USD5,000 electric pickup truck from China wants to enter US

Chinese automakers have tried to crack the U.S. market for over a decade. A petite USD5,000 pickup truck is up next. Kaiyun Motors is poised to start mass exports

Malaysia probes how Jho Low may have gained from pre-1MDB Deal

Malaysian investigators have uncovered details of how fugitive financier Jho Low could have made financial gains from the entity that predated scandal- plagued state fund 1MDB,

Google, Facebook, Amazon spent record amounts on lobbying

Google, Inc. and Facebook Inc. set company records for lobbying spending in 2018 as Washington’s scrutiny of Big Tech intensified. Alphabet Inc.’s Google

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