China continues gold-buying spree

China’s on a bullion- buying spree. The world’s second-largest economy expanded its gold reserves for the fourth straight month, adding to optimism that central banks globally will

Real Estate Matters | Watch out for these red flags to avoid nightmare tenants

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

Bankruptcy run in wealthy China province spooks creditors

A series of bankruptcy filings by major private-sector bond issuers in China’s third-wealthiest province is shining a spotlight on aggressive efforts by local governments to manage unsustainable debt loads.

Fortnum & Mason launches first overseas store in HK

Fortnum & Mason Plc, the London retailer known for its Christmas gift hampers and royal warrant to supply groceries to the queen, is opening its first overseas

China soy sauce maker’s shareholders explore sale

Shareholders of Honworld Group Ltd. are exploring a sale of the Chinese soy sauce maker, which sells products under the “Lao Heng He” brand, people with

Made-in-China reactor gains favor at home, US tech falters

China’s homegrown nuclear technology is gaining favor in the battle for the nation’s next generation of reactors, according to a state-owned developer, as it seeks to move

Corporate Bits | Sands volunteers participate in green week, sports carnival

Sands Cares Ambassadors recently supported two local government initiatives: the 38th Macau Green Week – Green Walk and Tree Planting Activity and the Women’s Sports Carnival 2019, the gaming

Gaming | Sports betting revenue projection was USD11.5m. So far? $150k

Casinos in Rhode Island lost nearly USD900,000 (MOP7.28 million) on sports betting in February after winning bets for the Super Bowl and other professional sports were

Corporate Bits | MGM stops using single-use plastics

MGM has removed all single-use plastics from its restaurants and replaced them with environmentally-friendly alternatives, the gaming operator announced in a statement. Last year, MGM said that it

Technology | Huawei defies global storm with 25 percent jump in full-year earnings

Huawei Technologies Co. posted a 25 percent jump in annual profit even as the Chinese telecommunications giant faces a U.S.-led push to keep it out of next

Mystery owner auctions USD26m of wines

A wine collection of almost 17,000 bottles from a single cellar - including grand cru Burgundies and first-growth Bordeaux - is expected to bring as much as USD26 million at

Corporate bits | GEG holds interactive protocol workshop for employees

Following last month’s announcement of the Outline Development Plan for the Guangdong-Hong Kong-Macau Greater Bay Area, Galaxy Entertainment Group (GEG) held an “International Protocol and Affairs Workshop”

Gaming | March slowdown projecting poor first quarter

A slowdown in VIP casino activity over the second half of March is expected to dampen full-month gaming revenues when the results are released on Monday.

Real Estate Matters | (Opinion) The Greater Bay Area Plan and Macau

On February 18, Chinese policymakers finally released the blueprint for the development of the Guangdong-Hong Kong- Macau Greater Bay Area (GBA). The 11-chapter document described a

Cannabis craze comes to China stocks, drawing regulator’s ire

Chinese companies linked to cannabis growing tumbled yesterday, as regulators put the squeeze on one of the year’s hottest trades. Shanghai Shunho New Materials Technology Co.

Britain slams Huawei for failing to address security risks

Chinese telecommunication equipment giant Huawei Technologies Co. is putting U.K. national security at risk by failing to improve its devices and software, according to a report

A must-have for Hong Kong’s rich: USD75 million bespoke homes

The world’s ultra-rich are used to bespoke touches in life, from custom-made suits to tailored financial advice. But what happens when you apply that approach to property,

Corporate Bits | Sands cares ambassadors complete training workshop to enhance skills

Around 40 Sands Cares Ambassadors recently completed a training workshop to help them better serve the community. The workshop aimed to enhance the service quality of their volunteer

Aviation | China suspends airworthiness certificate for Boeing 737 Max

China suspended a certificate of airworthiness for Boeing Co.’s 737 Max jet, saying it needs to review a proposed modification before determining whether the plane is

Women’s Month | Melco invites female figures to ‘Best I Can Be’

Melco Resorts & Entertainment hosted Melco Women’s Forum yesterday, with the theme “Best I Can Be,” inviting female figures to give keynote speeches and take part

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