Gaming | Old lawsuits never die. They don’t even fade away, tribe learns

California’s latest water war is being waged at the edge of wine country against an Indian tribe planning a massive casino expansion as a group of landowners tries to stop

57 percent of gaming visitors wage less than MOP2,000

The findings of the Macao Visitor Profile Survey for the second quarter of 2015 suggest that 57 percent of tourists that admit to gambling spend less than MOP2,000 on the

Corporate Bits | Over 40 trainees complete ‘CEM brightening stars’ internship program in six years

To celebrate Christmas and New Year’s Eve this year, Studio City has numerous offerings for the holiday season. Festive ideas include a family outing experiencing a 4D adventure with Batman, or

Yuan declines to four-year low as new index signals weakness

China’s yuan fell to a four-year low after the central bank said the currency shouldn’t be measured by its moves against the dollar alone, a statement that is being interpreted

Corporate Bits | Air Supply rocks the Venetian Macao

Singer-songwriter and guitarist Graham Russell and lead vocalist Russell Hitchcock drew applause from The Venetian Theatre crowd as they took to the stage as they played their most recognizable songs.

Malaysia cargo firm says it owns 3 jets left idle at airport

A new Malaysian air cargo company said Friday it is the owner of three jumbo jets parked for more than a year at the country’s main airport and that it

China eases yuan grip to allow biggest weekly drop since August

The yuan recorded its biggest weekly drop since an August devaluation on speculation China’s central bank is taking advantage of a stronger dollar to allow a decline before the U.S.

Real Estate Matters | Common misconceptions about renting a property in Macau (Part 4 of 6)

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. After

Corporate Bits | Ring in 2016 at MGM Macau

Buffet restaurant Rossio is presenting New Year’s Eve and New Year’s buffet options on December 31 and January 1, 2016. Guests at the New Year’s Eve Dinner Buffet will be

China’s November auto sales accelerate on SUV popularity

China’s auto sales grew at this year’s fastest rate in November as Chinese manufacturers took market share from global rivals, helped by the popularity of their lower-priced SUVs, an industry group

Inditex sales rise at fastest pace in three years on Spain

Revenue rose 15 percent excluding currency shifts in the nine months through October and continued at that rate in the start of the final quarter, the Arteixo, Spain- based owner of

China’s Postal Bank raises USD7b from stake sale

The stake sale ahead of a planned initial public offering by the Chinese lender lured 10 firms including UBS Group AG, the Canada Pension Plan Investment Board and Temasek Holdings

Corporate Bits |BNU gives away 330,000 asia miles

Mr. Ronald Kan, BNU’s Executive Director and Ms. Mercedes Ho, Asia Miles’ Head of Partnership & Business Development co-hosted the ceremony to present the prizes. During the event, Mr. Ronald

Gaming | Caesars among firms said to push to curb lender protection rules

Caesars Entertainment Corp. and Education Management Corp. have been stymied in their efforts to influence Congress to change a Depression-era law that’s designed to protect lenders, according to people with knowledge

Health | Merck KGaA drops cancer drug after studies fail

German drugmaker Merck KGaA said it won’t seek regulatory approval for its experimental cancer medicine evofosfamide after the treatment failed in the last stage of clinical tests. The medicine didn’t help

Stocks still buoyed by US jobs data but oil price slides

Strong U.S. jobs data continued to shore up stock markets yesterday as investors welcomed the growing certainty of an interest rate increase from the U.S. Federal Reserve next week. Meanwhile,

Agricultural Bank of China head resigns amid graft probe

The head of China’s fourth-largest state bank has resigned citing personal reasons amid reports of his involvement in a corruption investigation. No details were given about the departure of Agricultural Bank of China president Zhang

Chinese cities give Toyota boost in hunt for hybrid buyers

China’s former leader Deng Xiaoping famously quipped that it doesn’t matter if a cat is black or white, so long as it catches mice. When it comes to environmentally-friendly cars

Corporate Bits | CEM announces ‘induction cooker lucky draw’ results

The prize draw ceremony was held earlier in the Festival, presided by Chou Iok Leong and Elizabeth Chung, Executive Directors, as well as Lo Kam Kuan and Chow Yu Tang,

Bank of China appeals disclosure order in counterfeit case

The appeal, filed Tuesday, is the latest twist in a five-year legal saga that pits one of China’s largest state banks against Western luxury brands seeking new, more powerful tools to fight

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