Disney’s Japan neighborhood pushed as possible casino location

The list of Japanese regions battling for a coveted spot for the development of casino resorts ranges from Osaka to Hokkaido. Add Mickey Mouse’s neighborhood

Malaysia to penalize owners who don’t replace Takata airbags

Malaysia’s transport minister said Saturday that owners of more than 71,000 affected Honda cars will be penalized if they fail to replace flawed Takata air bags, in

Airbus sees demand beyond Qantas for ultra long range plane

Global airlines are increasingly aiming for ultra-long haul flights and Airbus SE said it expects more carriers to order planes that can fly from one

Real Estate Matters | Student housing in Macau

If you browse through news related to international property, you often come across articles about the ‘student housing market’, which generally refers to the rental market for university

Wynn Resorts cuts ties to salon manager after founder’s exit

Wynn Resorts Ltd. cut ties this month to Claude Baruk, the celebrity hair stylist whose salons in Las Vegas figure in the Steve Wynn sexual-harassment allegations. The salons

Contract for Vegas casino employees nears expiration

The two largest resort operators in Las Vegas would lose more than USD10 million a day combined if housekeepers, cooks and others go on strike, a

Turmoil at Korean dynasty deepens as misdeed allegations mount

Add tax evasion and embezzlement to the mounting list of allegations that one of Korea’s richest families is facing, deepening the turmoil at a business

Corporate Bits | MGM launches ‘Healthy mind healthy life’ campaign

Between May 20 and June 8, MGM launched a three- week “Healthy Mind Healthy Life” campaign with a wide array of wellbeing-related activities. Around 10,000 team

Gaming | Startups are preparing to jump into the sports betting market

As the chief executive officer of a fledgling sports gambling company, Tom King said there have been two watershed moments in the last year.

IMF says China should open more to world, ease trade tension

China has made progress on reforms but should allow market forces to play a more decisive role and accelerate its opening up to the rest

Starbucks to close over 8,000 stores in the US for anti-bias training

Starbucks is closing more than 8,000 stores nationwide to conduct anti-bias training, the next of many steps the company is taking to try to restore its

Alibaba Leads a USD1.38b investment in delivery giant ZTO

Alibaba Group Holding Ltd. is leading the purchase of 10 percent of Chinese delivery service ZTO Express (Cayman) Inc. for USD1.38 billion, a deal that’ll augment the

Volkswagen to open new China factories

Volkswagen AG is opening three new factories in China with its local partner FAW Group as it steps up efforts to maintain leadership in the world’s

Philippines | Air carriers poised to raise prices on Peso, fuel

Airlines in the Philippines are under pressure to raise ticket prices to offset rising fuel costs and the peso’s plunge to an almost 12-year low, risking

Corporate Bits | MGM supports training workshop of ift, UNWTO

MGM recently supported the 5th Training Workshop titled “Capacity Building for Destination Marketing & Tourism Development” organized by the Institute for Tourism Studies’ (IFT) Global Centre for Tourism

Alipay’s push into Western banks’ turf kicks off in Hong Kong

Alipay’s azure blue logos began appearing two years ago in Hong Kong’s airport, greeting travelers from China who rely on the popular payments app back

Diesel cars to die out in Tesla-like future, EU regulator says

Consumers may do as much as regulators to propel the car sector into the electricity-powered age foreseen by Tesla Inc., according to the European Union’s industrial-policy chief.

Uber valued at about USD62b in new offer to buy company stock

Tom Krisher,  Three investors are looking to buy stakes in Uber in an offer that values the company at USD62 billion. The ride-hailing giant

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