Hermes quarterly sales rise 19% as Japan leads growth

Revenue rose to 1.12 billion euros (USD1.2 billion), Paris-based Hermes said in a statement yesterday. A 15 percent gain in Japan boosted sales compared with a strong year-earlier quarter when the

Corporate Bits | Galaxy actively trains local team members

As of today, GEG has close to 20,000 team members of which 70% are locals. Since 2004, GEG has promoted 7,293 local team members which accounts for nearly 80% of

Apple’s Mac is selling strong, iPad not so much

Apple’s iPhone was again the company’s star in the first three months of the year. The tech giant sold 61 million iPhones, or 40 percent more than in the same period

Resverlogix CEO says company in discussions to be acquired

Resverlogix Corp., a Canadian company developing a drug to fight thickening arteries, is in discussions with several global pharmaceutical companies for a potential sale, according to its chief executive officer. “We

Corporate Bits | Macau’s first megaclub: Pacha Macau at Studio City

Pacha is a leader in nightlife, with venues in major cities across the globe, including Ibiza, New York, Dubai, Buenos Aires and Sydney. Exclusively presented by Studio City, Pacha Macau

HSBC jumps most in a year after retail spinoff report, HQ relocation

Europe’s largest lender surged as much as 4.6 percent, the most since January 2014, and traded 2.7 percent up at 646.80 pence at 10:45 a.m. in London yesterday, compared with

Hutchison Port to raise HK tariffs to handle mega-ships

Hutchison Port Holdings Trust, the port operator controlled by billionaire Li Ka-shing, is in talks with shipping lines to impose a “moderate” tariff increase at its Hong Kong terminal as

Corporate Bits | Crown SPA mother’s day package

Starting the Crown Spa journey with an Aromatic Foot Ritual, the treatment continues with a 60-minute signature Crown Shell Aromatherapy Body Massage incorporating heated lava shell massage to Swedish and

Analysis | Cirque du Soleil will have a tough time in China

It’s no secret that Cirque du Soleil has been in need of a savior. After spreading to 271 cities around the world in the 1990s and 2000s, the producer of

Corporate Bits | MGM offers recreational tour to IFT students

On April 21, MGM Macau partnered with Special Olympics Macau and the Charity Association of Macau Business Readers to organize an Art Workshop for more than 60 Special Olympics athletes

Ask the Vet | Feline Onychectomy (Cat Declawing) Pros and Cons

Cat Declawing Surgical Procedures A human’s nail is actually a type of skin and if torn off, the nail will grow back. Cat’s claws attach to bone. During a declaw surgery, the bone that

NATURE | Olympic sailing events may be moved from Rio’s polluted bay

The world governing body of sailing threatened Friday to move all of its events for the 2016 Rio de Janeiro Olympics out of the city’s Guanabara Bay if action isn’t

China debt mess brings out the Yin and Yang in policy makers

China has a USD28 trillion problem. That’s the country’s total government, corporate and household debt load as of mid-2014, according to McKinsey & Co. It’s equal to 282 percent of

Real Estate Matters | The most important questions to ask when you are a landlord renting out a property

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

Project Poker | Things you learn as a poker player

It has been quite a few years since I first started playing poker, and as you surely know, there is so much more to it than just playing a game

Survey | Mainland factory activity slips again to 1-year low

China’s manufacturing deteriorated again in April to its lowest point in a year, in a fresh sign that growth is faltering in the world’s second biggest economy. HSBC said yesterday that

China fines Mercedes USD57 million in price-fixing probe 

A Chinese regulator said yesterday it has fined Mercedes Benz 350 million yuan (USD57 million) on price-fixing charges in a wide-ranging probe of the auto industry that has prompted complaints

Corporate Bits | Sands resorts cotai strip awarded in ttg china travel awards

“Receiving this award is a great honor for Sands China Ltd as it acknowledges our continued efforts to deliver the best possible entertainment, leisure, dining and accommodation experience for our

NY skyscraper rents surge as HK leads world

Office rents on the highest floors of skyscrapers in New York climbed 20 percent in the second half of last year, while Hong Kong comfortably kept its place as the

Japan logs 1st trade surplus in nearly 3 years on cheap oil

Japan posted its first monthly trade surplus in nearly three years in March thanks to falling import costs from cheaper oil prices, along with a modest recovery in exports. But the

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