Retail | Sands’s Adelson mulls Singapore mall sale after restriction ends

The company has spoken with potential buyers, Chairman Adelson said in a conference call after Las Vegas-based Sands announced first-quarter results yesterday (Macau time). “We have been approached. We have been

Property | More Americans are expected to remodel their homes this year

A rising number of Americans are preparing to renovate their homes this year, a potential boost for the economy, according to projections released yesterday by Harvard University’s Joint Center for

Real Estate Matters | The best places to live in Macau Part 3

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

Thousands puff for legal pot at 4/20 parties throughout US

Thousands sent up a cheer and a collective plume of marijuana smoke at the stroke of 4:20 p.m. Wednesday (yesterday, Macau time) in San Francisco’s Golden Gate Park. They gathered at

Corporate Bits | Asia gaming awards nomination process now open

Asia Gaming Brief, producers of the Asia Gaming Awards in association with G2E Asia and The Innovation Group, announced that nominations are now open for each of the ten award

Mitsubishi admits to manipulating fuel test data

Mitsubishi Motors Corp. admitted to manipulating test data involving 625,000 vehicles in order to improve fuel-economy claims. The affected models include those supplied to Nissan Motor Co., which discovered the manipulation,

Malaysia Air CEO cites reasons beyond his control’ for exit

  Christoph Mueller, the chief executive of Malaysia Airlines Bhd., told his staff he was leaving the national carrier for reasons that are personal and “beyond my control,” according to a

Corporate Bits | CTM to offer Iphone SE tomorrow

The iPhone SE packs the power of an iPhone 6s into a compact aluminum design, featuring a four-inch Retina display. It is available in four metallic finishes, including rose gold.

Bill Campbell, mentor to Steve Jobs, dies

Bill Campbell, a former Ivy League football coach who became a management guru for Apple co-founder Steve Jobs and other Silicon Valley luminaries, has died. He was 75. His death on

BMW executives said to join Tencent-backed electric-car maker

A Chinese electric-vehicle company backed by Tencent Holdings Ltd. and Foxconn Technology Group has hired a team of managers from BMW AG’s i subbrand, according to people familiar with the

Corporate Bits | Sands China procures more from local smes

The long-term initiative focuses on three types of local businesses as identified in collaboration with the Macao Chamber of Commerce: small and micro companies, “Made in Macau” companies, and Macau

Internet | Alipay owner said to start IPO Process as soon as this year

Zhejiang Ant Small & Micro Financial Services Group Co. has been profitable for three years, enabling it to meet the listing requirements, and may begin the process as soon as

Gaming | Report says tourists spending more money in Las Vegas

Tourists are spending more money on their trips to Sin City, according to a new report by the Las Vegas tourism board. The Las Vegas Convention and Visitors Authority issued its visitor profile

Corporate Bits | Citigroup’s profit sinks 27 percent

The New York-based financial conglomerate quarter continued to clean up its balance sheet and slim itself down from the depths of the financial crisis. Citi Holdings, the so-called bad bank that holds

Chinese group said seeking to seal AC Milan takeover by June

The Chinese investor group pursuing a takeover of the AC Milan football club, which is controlled by former Italian Prime Minister Silvio Berlusconi, is targeting a deal by June, people with

China’s finance minister accuses credit-rating firms of bias

China’s finance minister accused international credit-rating companies of “bias” against the country after Standard & Poor’s Rating Services and Moody’s Investors Service lowered their sovereign outlooks on the world’s second-­largest

Corporate Bits | MGM announces le French gourmay menu

The annual event honors a different gastronomic and wine region of France each year for discerning gourmands. According to a press release, this year’s program features Région Alsace, located in

Real Estate Matters | The best places to live in Macau Part 2

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. Welcome

Offshores | German state fighting tentacles of tax fraud wants banks liable

Norbert Walter-Borjans, the finance minister of the German state of North Rhine-Westphalia, has stopped at nothing in his quest to bring tax evaders to justice, even resorting to the purchase

Markets | Asian stocks surge, buoyed by Wall Street rally, China trade

Asian stocks surged in morning trading yesterday in a second day of solid gains, buoyed by a rally on Wall Street and European markets, and an uptick in China’s trade. KEEPING

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