HK stocks tumble most in four months as HSBC leads losses

Hong Kong stocks plunged on Friday, led by HSBC Holdings Plc and Standard Chartered Plc, after the U.K.’s vote to leave the European Union spurred global market turmoil. The Hang Seng

China tightens Internet rules for Baidu and other search engines

Chinese authorities will require Baidu Inc. and other search engines to report banned content and verify advertisers’ qualifications in its latest attempt at Internet regulation. Under rules to take effect Aug.

Beijing-led development bank approves first loans

A new Chinese-led development bank has approved its first loans and expects to suffer no impact from Britain’s vote to leave the European Union, the bank’s president said Saturday at

China & Oil woes | Panama Canal to open amid shipping downturn

The USD5.25 billion expansion of the Panama canal is set to open Sunday at a difficult moment for the international commercial shipping market. The drop in world oil prices, an economic

Asian stocks mixed ahead of Britain’s referendum

Asian shares were mixed yesterday ahead of a vote on whether Britain will opt to remain in the European Union. KEEPING SCORE: Japan's benchmark Nikkei 225 gained 0.4 percent to 16,122.53

Real Estate Matters | The biggest property investment mistakes Mistakes to avoid if you buy property – Part 3

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. We

Hong Kong-Singapore stars fade with boom-to-gloom in finance

Asia’s financial-hub twins, Hong Kong and Singapore, are facing increasing brakes on growth even before potential turmoil from a Brexit vote in their ex-colonial master, with China’s slowdown and the

Markets | Chinese stocks advance most in week as traders weigh Brexit odds

China’s stocks rose the most in a week, while Hong Kong’s equities extended gains to a fourth day as traders weighed the odds of Britain staying in the European Union. The

Internet | China, US, EU pledge to tighten product safety in e-commerce

U.S., European and Chinese regulators said yesterday they will jointly enforce product safety in online commerce, and an American official said they are making progress on crafting standards for hoverboards. The

Corporate Bits | Members of society of operations engineers visit CEM

In a move to promote safe, efficient and environmentally sustainable engineering operation and professional development, Companhia de Electricidade de Macau (CEM) hosted a delegation comprising the Trustee Board members of

Corporate Bits | MGM sets up interactive booth at ‘family fun day’

Representatives of MGM China Holdings Limited were seen supporting and participating in a “Family Fun Day” activity, organized by the Women’s General Association of Macau in the afternoon of June

Uber loan program helps Vietnamese swap scooters for new Hondas

In Vietnam, where motorbikes outnumber cars by a factor of 16, Uber Technologies Inc. is helping to create a new generation of auto drivers with first-time bank loans for vehicle

LG ponders home appliance deals to speed up global expansion

LG Electronics Inc., with businesses spanning TVs to washing machines, is looking at home appliance acquisitions to fuel its global expansion and withstand a slowing smartphone market. The company will probably

Gaming | Macau remains attractive for investment

Macau’s casino table games generate nearly double the revenue of their Las Vegas counterparts despite the gaming slump that has afflicted the city, according to a report from financial services

UniCredit said to accelerate search for CEO

UniCredit SpA is accelerating its search for a successor to departing Chief Executive Officer Federico Ghizzoni and may draw up a short list as soon as this week, people with

Analysis | Depth of Hong Kong’s retail gloom is revealed in its stocks

For a measure of just how tough Hong Kong retailers have it, look at Sa Sa International Holdings Ltd. Shares of the city’s biggest cosmetics seller are down 70 percent

Corporate Bits | Thai smile to suspend Macau-Bangkok route

Regional airline Thai Smile will suspend its flights between the Macau International Airport (MIA) and the Suvarnabhumi Airport in Bangkok starting in September, due to commercial reasons. The budget airline began

Corporate Bits | HK Cantopop Andy Hui to perform at the Venetian

Hong Kong Cantopop singer Andy Hui is set to hit the stage of The Venetian’s Cotai Arena with his latest concert “Andy Hui Come On: Part Two Live 2016 Macau”

Real Estate Matters | The biggest property investment mistakes Mistakes to avoid if you buy property – Part 2

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

Transport | Chinese ride-hailing service raises USD7.3 billion

Chinese ride-hailing service Didi Chuxing, the main local competitor for Uber Technologies Ltd., said yesterday it has raised USD7.3 billion from investors, adding to intensifying rivalry in the market. Investors in

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