Retail revenue fell to 603 million pounds (USD869 million) in the three months through December, London- based Burberry said yesterday in a statement. Analysts predicted 606 million pounds, based on the
The Powerball jackpot has climbed to over USD1.5 billion, easily surpassing all other lotteries to become the largest such prize in the world. The draw is due today at 11:59am
Asian shares rose yesterday as Shanghai’s market stabilized for a second day and Chinese export figures improved (see p10). Investors also were cheered by gains on Wall Street that snapped
The Sheraton Macao Hotel located in Cotai Central has now become the Sheraton Grand Macao Hotel, as revealed in an announcement from the group. It signifies an elevation of the
The opening event will feature world-renowned international DJ acts flown in from around the globe, says Melco Crown Entertainment. Meanwhile, on Friday night, the evening prior to the grand opening, Pacha
Hong Kong Interbank Offered Rates for yuan loans jumped by records to all-time highs across all tenors yesterday as intervention by China to support its exchange rate tightened the currency’s
China's auto sales rose 18.3 percent in December over a year earlier on explosive demand for SUVs, pushing the year's total sales to 21.1 million, an industry group reported yesterday. Drivers
Chinese stock markets eked out a last-minute gain yesterday as a continuation of volatile trading sent other Asian benchmarks lower while European shares stabilized. KEEPING SCORE: European stocks opened higher, with
China’s biggest chemical company says it has bought a German maker of machinery to process rubber and plastic for USD1 billion (925 million euros) in the biggest Chinese investment to
A faltering domestic and global economy and concern Britain is headed for the European Union exit door has seen sterling fall against seven of its Group-of-10 counterparts this year. Waning
For investors in Brazil battered by a terrible 2015, there was reason to believe January would provide a respite. With summer holidays in full gear and Congress in recess, developments in
A Bruce Lee memorial exhibition will be held at the Times Squares Macau in Studio City in celebration of the martial arts master’s 75th birthday. The exhibition, which has been
PT Bank Rakyat Indonesia, the country’s most profitable lender, has canceled the sale process for a 40 percent stake in its life insurance arm, people with knowledge of the matter
Chow Tai Fook Jewellery Group Ltd., the world’s largest listed jewelry chain, said same-store sales in Hong Kong and Macau plunged 23 percent in the final three months of 2015 as fewer
The Canadian-born comedian is set to perform at the Studio City Event Center on February 26, as part of his “Almost Famous World Tour”. The show features all new material plus
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. Last
Chinese stocks nosedived yesterday, triggering the second daylong trading halt of the week and sending share markets, currencies and oil prices lower as investor jitters rippled across Asia. The benchmark Shanghai
Leading business groups, often at odds with President Barack Obama, are looking to give momentum to one of his priorities before he leaves office: approval of a trade pact linking
The airline had banned check-in baggage for Tuesday and Wednesday flights to the two European cities due to “unseasonably strong headwinds” on a longer flight path it was taking. Passengers
Guests will have an array of dining options for the festive period – ranging from a dim sum lunch to an eight-course traditional Chinese set dinner. The menus will be
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