Inditex net income rises most in two years on Zara expansion

Inditex SA, the world’s largest clothing retailer, reported the fastest profit growth in more than two years as the Zara owner opened more stores and benefited from the weak euro.

Corporate Bits | “Ik” Yang Lian Hui returns to the Venetian in world title fight

Undefeated No. 2 world-rated junior welterweight contender “IK” Yang Lian Hui of China will get his first world title shot in a homecoming fight when he battles Cesar “El Distinto”

Hong Kong to combat fat fingers with stock limits

Hong Kong’s markets regulator will back a plan to stop fat fingers and rogue algorithms from causing erroneous swings in the city’s biggest stocks. The Securities and Futures Commission will support

HSBC slashes jobs as it shifts focus back to Asian roots 

HSBC Holdings, Europe’s largest bank by market value, will cut up to 25,000 jobs around the world to reduce costs and shift its center of gravity back toward the fast-­growing

Apple wants a lead role in streaming music 

Apple’s iTunes helped change the way music-lovers bought their favorite songs, replacing plastic discs with digital downloads. Now the maker of iPods and iPhones wants to carve out a leading

Corporate Bits | Sands Resorts Cotai Strip signs agreement with lander real estate

“This strategic partnership will see our companies co-developing major sports offerings together, especially boxing events – a sport that continues to become increasingly popular in China,” said Dave Horton, global

Dalian Zeus bids USD2.3m for lunch with Warren Buffett

A Chinese company that develops online games bid more than USD2.3 million Friday to win a private lunch with Warren Buffett. Beijing-based Dalian Zeus Entertainment Co. bid $2,345,678 to win the online

Korean Air, Asiana step up efforts to ease MERS fears

Korean Air Lines Co. and Asiana Airlines Inc. are disinfecting planes and offering special training to cabin crew, seeking to ease passengers’ concerns as Middle East Respiratory Syndrome claims more

Corporate Bits | Dog behavior expert Cesar Millan entertains at the Venetian Macao

The Nat Geo People star brought his “Love your Dogs” tour to the city. Prior to the show, a dog casting was held to select dogs to participate in the

Real Estate Matters | The top 25 questions we are asked about Macau property – Part 1 of 5

A version of this article appeared during February 2014 25. Question: Its so expensive, how can I afford to buy a property here? This question comes up a lot from ‘would-be’ first

Project Poker | A high performance grinder

A high performance athlete has to handle other issues than just practicing and competing. People like Rafael Nadal, LeBron James, Usain Bolt, Fernando Alonso and Neymar surely have the best

Greece at loggerheads with creditors over reforms for cash

Greece remains at loggerheads with its creditors over key economic reforms after a meeting between Prime Minister Alexis Tsipras and the head of the European Union’s executive arm failed to

Alibaba expands into financial news with China media investment

China Business News, a television and newspaper company that’s part of the state-owned Shanghai Media Group Inc., and Alibaba will create a financial data and information service for Chinese businesses,

Corporate Bits | CTM supports “Go Shopping 2015”

“Go Shopping 2015” will be held at The Venetian Macao Cotai Expo Hall A between 5 and 7 June. Apart from promoting the activity via its service network, during the

Li Ka-shing’s property spin off debuts at HKD70 in Hong Kong

Cheung Kong Property Holdings Ltd. closed at HKD74.10 on its first trading day in Hong Kong after being spun off from billionaire Li Ka-shing’s conglomerate. That’s 5.9 percent higher than the

Ortega overtakes Buffett to become world’s second-richest person

Amancio Ortega, the Spanish magnate who pioneered fast-fashion retail, passed investor Warren Buffett to become the world’s second-richest person. It’s the first time the founder of Inditex SA, the world’s largest

Corporate Bits: First GEG accelerated development program completed

The aim of ADP is to establish a promotional pathway platform for GEG team members who are ready for supervisory and management roles. The selected members participated in the Program

India’s central bank cuts key interest rate to boost growth

India’s central bank cut a key interest rate by a quarter percentage point yesterday, the third such reduction this year in support of government efforts to boost growth. The latest rate

Corporate Bits | Summer special edition cocktails at Bellini Lounge

Some of the summer specials include the Berry Red Summer made with Gin, Drambuie, Raspberries and Grapefruit Juice, while the Blue Hawaii features Rum, Blue Curacao, Coconut Cream and Pineapple

Iconic impressionist image by Manet up for sale at Sotheby’s

One of the defining images of French impressionism is up for sale, as Sotheby’s auctions Edouard Manet’s “Le Bar aux Folies-Bergere.” The auction house says the painting will be offered at

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