World shares steady after Wall Street sinks into bear market

Shares opened mostly higher in Europe yesterday and Asian shares recovered from the worst of their losses following Wall Street’s tumble into what’s called a bear

India, China growing markets for shunned Russian oil

India and other Asian nations are becoming an increasingly vital source of oil revenues for Moscow despite strong pressure from the U.S. not to increase

Amazon says it prevented 4 billion bad listings in 2021

Amazon, which has been under increasing pressure to tackle counterfeit products, said in its second-annual report that it prevented 4 billion bad listings from making

CESL Asia’s Monte do Pasto acquires new farm in Alentejo

Monte do Pasto Group, owned by CESL Asia, recently completed the acquisition of Herdade das Gregas de Cima, a 455-hectare property in Alentejo. The group now has a

Wynn signs agreements with DSEDJ for two collaborative initiatives

Wynn Macau has signed two memoranda of understanding with the Education and Youth Development Bureau (DSEDJ) to launch the “School-Corporation Partnership” and “Parenting Education” program, the gaming operator

Amid crypto turmoil, senators propose sweeping oversight

Wide-ranging bipartisan legislation unveiled yesterday in Washington would regulate cryptocurrencies and other digital assets following a series of high-profile busts and failures. It’s unclear, though,

TIS Class of 2022 going places

Last weekend, 68 students of The International School (TIS) donned their caps and gowns to receive their Alberta High School Diplomas in front of family, friends, teachers and

New family-friendly entertainment venue opens at Studio City

A playground “like no other in Macau” will open this summer at Melco’s Studio City, the gaming operator said in a press release yesterday.  The newest family-friendly

China’s Russia dealings irk US, but don’t breach sanctions

China's support for Russia through oil and gas purchases is irking Washington and raising the risk of U.S. retaliation, foreign observers say, though they see

‘Real Housewives’ franchise takes its drama to flashy Dubai

The camera pans across a vast expanse of desert before careening toward an artificial island lined with luxury homes in the Persian Gulf. Eerie chords

Melco collaborates with Black Pearl Diamond restaurants to offer gastronomic experience

Melco Style is presenting the “2022 The Black Pearl Diamond Restaurants Gastronomic Series” to open on June 24 to 25 in Macau, organized by Melco Resorts & Entertainment in

Electric battery maker, coal union announce West Virginia labor pact

The energy startup SPARKZ said yesterday it has signed a memorandum of understanding with the nation’s largest coal miners’ union on a labor-management agreement for

Airbnb ends rentals in China to focus on outbound tourists

  Airbnb began listings in China in 2016, but they have still accounted for only about 1% of company revenue in recent years. The San Francisco-based

teamLab SuperNature Macao Wins Gold Stevie Award

teamLab SuperNature Macao at The Venetian Macao has won the Gold Stevie® Award for Innovation in Media, Visual Communications & Entertainment at the ninth annual Asia-Pacific Stevie Awards. An online awards ceremony will be

Mesa to celebrate Portugal Day

Grand Lisboa Palace Resort Macau announced a special celebration for the Day of Portugal which will take place next month at contemporary Portuguese restaurant Mesa on June 12.

Retailers anticipate further sales downturn as revenue slightly plunges in Q1

Local retailers are anticipating a year-on-year decrease in sales volume in the second quarter of 2022. According to a survey conducted by the Statistics

China’s bet on strictly homegrown mRNA vaccines may change

China is trying to navigate its biggest coronavirus outbreak without a tool it could have adopted many months ago, the kind of vaccines that have proven

Melco highlights achievements in latest sustainability report

Melco Resorts & Entertainment has published its fourth sustainability strategy “RISE to go Above & Beyond,” highlighting its sustainability initiatives that helped the company reach its goals. Lawrence Ho, chairman

Eight SJM teams to compete in dragon boat races

SJM Resorts, S.A. (SJM) is sending out eight dragon boat teams in the upcoming event scheduled to take place on May 29 and June 3. Angela Leong,

Zelenskyy urges ‘maximum’ sanctions on Russia in Davos talk

Ukrainian President Volodymyr Zelenskyy called for “maximum” sanctions against Russia during a virtual speech yesterday to corporate executives, government officials and other elites on the

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