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.

Corporate Bits | Ten elderly couples take first set of wedding photos at Grande Praça

Ten elderly couples from Vui Fai Elderly Service Centre (Centro de Dia “Brilho da Vida”), who are all aged 65 years old and above and have been married for more

Consumer confidence in US rises to highest since October 2007

Confidence among U.S. consumers soared in July to the highest level in almost seven years on the heels of a strengthening labor market. The Conference Board’s index rose to 90.9, the

OCBC owns 97.52 pct of Wing Hang allowing it to delist lender

Oversea-Chinese Banking Corp. said it now owns 97.52 percent of Wing Hang Bank Ltd. as shareholders accepted its USD5 billion takeover offer, allowing the acquirer to take its Hong Kong

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