Shanghai Stock Exchange mulls first revamp of benchmark in 30 years

The Shanghai Stock Exchange is considering the first overhaul of its benchmark index in three decades so that it better reflects China’s increasingly high-tech economy, according to people familiar with

China traders are buying Hong Kong stocks like never before

Mainland money is flowing into Hong Kong’s stocks at an unparalleled pace, offering support to a market at the center of rising tensions between Beijing and Washington. Eligible investors, which can

Rich Chinese snapping up luxury homes from Singapore to Sydney

Rich Chinese home buyers are back. Across China and in some of their familiar hunting grounds in Asia, wealthy buyers are snapping up luxury housing, in many cases to guard their

MGM attains major global and regional HR awards

Casino operator MGM’s work in talent development and human resources has once again been recognized both regionally and globally, with the institution receiving several awards from four renowned institutions in

AstraZeneca gets $1 billion from US to make Oxford vaccine

AstraZeneca Plc received more than $1 billion in U.S. government funding for an experimental Covid-19 vaccine from the University of Oxford, a boost to one of the world’s fastest-moving projects

Analysis | Crisis reminds us that nothing beats dollars

There is something about America that tends to shed fear. Its citizens occasionally tremble, but America as a whole exploits fear. It may do anger or retribution, or internal divisions

Ghosn’s suspected escape accomplices arrested in Boston

A former Green Beret soldier and his son, charged in Japan with aiding the escape of Carlos Ghosn, were arrested in Massachusetts today and are being held for possible

Over 15,000 Hong Kong shops may close without rent relief

From luxury boutiques to mom and pop stores, Hong Kong’s retailers are hurting. Unless landlords can offer more relief, one in four could disappear by December if sales don’t improve,

The Manor appoints new executive sous chef

The St. Regis Macao, Cotai Strip has welcomed Michele Dell’ Aquila as executive sous chef at The Manor. The chef has created a series of new, grill-inspired dishes accented with unique

Sands Macao distributes meal packs as part of anniversary tradition

Sands Macao distributed complimentary boxed lunches to local taxi drivers Monday, in celebration of the hotel and entertainment complex’s 16th anniversary. Taxi drivers arriving at the hotel earlier this week were

Famed designer draws up plan to save restaurants through outdoor dining

The sprawling sidewalk café lifestyle is prevalent in cities around the world, from Rome to Miami. New York, not so much. But the Big Apple’s cityscape might be changing in response

Could 2020 Be a Stabilizing Year for Bitcoin in Asia?

Bitcoin tends to be the source of much disagreement. Speculation varies greatly about its true value, its long-term potential, and really, its place in the world. If there’s one thing

Europe’s broken tourism industry struggles to save the summer

On the Greek island of Mykonos, Mayor Kostas Koukas is desperately trying to revive the tourism that is the life blood of the local economy. Koukas, and his counterparts in towns

Why open a store? Chinese merchants go livestreaming instead

At the height of China’s coronavirus outbreak, the skincare-products maker Forest Cabin closed more than half of its 300 stores across the nation as shoppers stayed home. With sales plunging,

Staycation offers from Sheraton, The St. Regis

The Sheraton Grand Macao and The St. Regis Macao, Cotai Strip are offering Staycation packages for locals from now until June 30, 2020. The packages include a one-night stay in a

SCL volunteers help with school sanitization

A group of Sands Cares Ambassadors (SCA) has helped to clean and sanitize Concordia School of Special Education as part of Sands China’s cleaning initiative for local schools and its

187-year-old Jardine faces pain in Indonesia after expansion

After political protests and the coronavirus crisis walloped its businesses in Greater China, Jardine Matheson Holdings Ltd., one of Hong Kong’s last remaining British trading houses, is facing a new

The Art of Giving | Modern Philanthropy and Legacy

Physics genius Albert Einstein once said: “There are only two ways to live your life. One is as though nothing is a miracle. The other is as though everything is

Macau gambling exec linked to $1 billion Cohiba cigar deal

The buyers of Imperial Brands Plc’s premium cigar business, including world-renowned Cohiba, have been shrouded in a smoky veil of secrecy. But one group of investors is being fronted by

Shanghai Disneyland reopens with anti-virus controls

Visitors in face masks streamed into Shanghai Disneyland as the theme park reopened yesterday in a high-profile step toward reviving tourism that was shut down by the coronavirus pandemic. The House

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