Chinese financial reforms collide with ‘too big to fail’

Chinese leaders’ ambition to use market forces to make the state-dominated financial system more efficient is colliding with their version of “too big to fail.” The latest reform target is China’s

Real Estate Matters | Common misconceptions about renting a property in Macau (Part 1 of 6)

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

Ding brothers contest Shanghai Citi Group Building ownership in Macau trial

Those who have been to Shanghai, and particularly the Bund, will remember a building on the other side of the river (Pudong), with a giant screen – The Citi Group

Fear spreads as China’s finance firms face arrests

The high-drama highway arrest of a prominent hedge fund manager. Seizures of computers and phones at Chinese mutual funds. The investigations of the president of Citic Securities Co. and at

Corporate Bits | Sheraton Macao launches festive “Culinary Journey” in December

The Palms lobby lounge will be offering festive afternoon high tea sets throughout the period. Classics will include homemade mince pies with brandy butter, and éclairs with gingerbread spice and

Apple Pay expands as it vies for broader acceptance

Apple’s year-old mobile-payments service is expanding to more countries, banks and merchants, as it faces growing competition and some challenges before it becomes as commonplace as plastic cards. Apple Pay was

VW sales dip in Europe, but no more than competitors

European car buyers appear reluctant to punish Volkswagen for its emissions scandal, penalizing the German automaker’s sales last month no more than some of its mass-market competitors. The European car market

Corporate bits | Eason Chan comes to the Venetian for new year’s countdown

Eason’s latest concert series explores the details and nuances of life using an entirely new production, energetic dance routines, and intricately designed costumes. His unique voice and the visual experience

Marriott buys rival hotel chain Starwood for USD12.2 billion

Marriott International is buying rival hotel chain Starwood for USD12.2 billion in a deal that will secure its position as the world’s largest hotelier. The stock-and-cash deal, if completed, will add

Apple to open retail store in Singapore powered only by sun

Apple will open its first retail store in Singapore, which will also be Southeast Asia’s first to be powered solely by solar energy, officials said yesterday. Solar energy developer Sunseap Group

Japan falls into recession for second time under ‘Abenomics’

Japan’s economy contracted in the third quarter as business investment fell, confirming what many economists had predicted: The nation fell into its second recession since Prime Minister Shinzo Abe took

Corporate Bits | English beef and lamb promotion kicks off

Healthy Beef and Lamb’, launched yesterday in restaurants throughout Hong Kong and Macau. The event is organized by AHDB Beef & Lamb, part of the Agriculture and Horticulture Development Board in

HK billionaire Lau sets two records in 24 hours

Pure coincidence or impeccable timing? Either way, Hong Kong billionaire Joseph Lau has just pulled off a twofer for the history books. On Wednesday night he paid 48.6 million Swiss francs (USD48.4

China’s currency gets key backing from IMF

The head of the International Monetary Fund says she supports adding China to an exclusive club of the world’s top currencies. Christine Lagarde said Friday that she supports findings by staff

Corporate bits | First ‘Taiwan Music Series’ kicks off at Studio Cty event center

Long-time musical personality Show Lo said: “It is truly thrilling to perform at this amazing world-class venue and to kick off this exclusive ‘Taiwan Music Series’ produced by legendary Taiwan

Real Estate Matters | Who’s looking after your staff ? Renting a property can be a traumatic experience at the best of times

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

Corporate Bits | Turntable virtuoso hardwell to play at the venetian

Robbert van de Corput, better known as Hardwell, is a DJ producer and record label owner and has twice been crowned the best DJ in the world. The tour is

All aboard Tokyo’s famous yellow bus as China tourists surge

London isn’t the only city with an iconic bus. In Tokyo it’s yellow, named after a pigeon, and should be a welcome sight to stock investors. That’s because Hato Bus Co.’s

China’s malls adapt to survive online shopping onslaught

Yesterday’s Singles’ Day saw China’s e-commerce industry set another stunning sales record - sending shivers through China’s thousands of malls and department stores. In Zhuangsheng Sogo, a high- end department store in

Corporate Bits | AACM hosts asia pacific flight procedures program meeting

The ICAO Asia-Pacific Flight Procedure Program was developed in 2010 with the objective of gathering states and administrations to discuss how mutual assistance can be offered on performing quality control

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