Chinese top economic planner predicts 6.5 to 7 percent growth

China’s top economic planner yesterday predicted that the world’s second-biggest economy will grow between 6.5 and 7 percent this year. The chairman of the National Development and Reform Commission, Xu Shaoshi,

Corporate Bits | Melco Crown employees donate 23,000kg of rice

To celebrate Valentine’s Day, Mandarin Oriental invites guests to indulge themselves with heart-melting offers, including a romantic getaway, “Seasons of Love.” According to a press release, the getaway allows couples

China seen risking credit market crunch with leverage crackdown

Six months after a debt-fueled rally in Chinese equity turned into a USD5 trillion rout, authorities are stepping up efforts to make sure the same thing doesn’t happen in the

Yuan gap widens again as depreciation bets swamp PBOC fightback

The gap between the Chinese yuan’s exchange rates at home and abroad expanded to the biggest in three weeks, a sign that international traders are reviving bets against the currency

Corporate Bits | Venetian’s ‘Seasons of prosperity’ kicks off

“Seasons of Prosperity” is The Venetian’s annual celebration that welcomes Chinese New Year with an array of entertainment. Among the admission-free events on offer is the “Seasons of Prosperity” 3-D

Retail | Hong Kong sales slump as mainland shoppers stay home

Hong Kong retail sales posted a second straight annual decline despite sharp discounting, the Census and Statistics Department said, reflecting a sustained decrease in visitors from mainland China and the

Hong Kong property sentiment turns as sales slump to 25-year low

In a city that saw demand propel property prices to a record last year, the estimate that transactions reached a 25 year-low in Hong Kong shows how quickly sentiment has

Aviation | Airlines restore tiny perks, like pretzels, to pacify fliers

After 15 years of near austerity, U.S. airlines are restoring some small perks for passengers crammed into coach. Don’t expect ample legroom or free checked bags. But fliers will find improved

Corporate Bits | Sands ambassadors visit elderly for spring-cleaning

This is the seventh consecutive year that the Care Ambassadors have helped Macau’s elderly residents – many of whom live alone – with spring- cleaning to prepare for the Chinese New

Asia stocks uneven as China data, Japan policy weighed

Chinese stocks fell yesterday after a weak manufacturing report while Japan extended gains following its central bank's introduction of a negative interest rate policy to boost lending by banks. Other

James Bond, Adele save Sony profit in global smartphone rut

Sony Corp.’s earnings got a huge helping hand from Hollywood, music and games last quarter, validating Chief Executive Officer Kazuo Hirai’s shift away from its consumer hardware roots. The company’s

Corporate Bits | First group of 49 Sands China staff graduates at UM

According to a press release, the gaming operator is the first company to work with UM to develop this unique one-year diploma programme, which features coursework tailor-­made for Sands China

Corporate Bits | ‘The Hiddens’ announced at press conference in Conrad

Actors and actresses from “The Hiddens,” including Lawrence Ng, Jessica Hsuan, William So, Duncan Lai, Lui Jing Jing, Wylie Chiu and Felix Lok, were in attendance to share their experiences

Real Estate Matters | What Will Influence Property Prices In 2016? This three part article explores the different factors that affecting the market

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. In

Facebook posts strong 4Q as company closes gap with Google

Facebook is growing at an exceptional pace as it enters adolescence, propelling it into a better position to challenge Google as the Internet’s most powerful company. Facebook’s fourth-quarter report Wednesday provided

China climbs back up Yellen’s worry list amid market rout

  When Federal Reserve Chair Janet Yellen looks for an update on China at this week’s policy meeting, she’ll find little reason for cheer. The Shanghai Composite Index has tumbled to a

Corporate Bits | The Venetian to participate in Satte 2016 Tradeshow

To celebrate the Chinese Lunar New Year, the Grand Hyatt’s Beijing Kitchen will follow in Dongbei’s tradition of feasting on a whole pig, which symbolizes plenty of luck and blessings

Chinese market dive leads global stocks lower

KEEPING SCORE: France’s CAC 40 fell 0.1 percent to 4,308.74 and Germany’s DAX lost 0.3 percent to 9,708.48. Britain’s FTSE 100 slipped 0.4 percent to 5,851.19. U.S. shares were set

Corporate Bits | Studio City to present Madonna’s “Rebel Heart Tour”

The SCEC offers a 5,000-seat multi-purpose entertainment complex with infrastructure design to host live concert, theatrical and top sports events. The venue has VIP suites for private parties. MGM hosted a

Ford recalls about 391K Ranger pickups due to air bag death

Ford is recalling nearly 391,000 Ranger pickups because the driver’s air bag inflators can explode with too much force and cause injuries. The recall covers trucks from the 2004 through 2006

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