World shares mixed, Hong Kong index dives 5.4%

World shares were mixed yesterday while Hong Kong’s Hang Seng index plunged 5% after the neighboring city of Shenzhen was ordered into a shutdown to combat

Beefing up its cybersecurity, Google buys Mandiant for USD5.4b

Google is fortifying its cloud services with a $5.4 billion acquisition of the cyber security firm Mandiant, the companies announced yesterday . The acquisition

AP sources: Biden to issue executive order on cryptocurrency

President Joe Biden is expected to sign an executive order on cryptocurrency this week that will mark the first step toward regulating how digital currency is

Shell says it will stop buying Russian oil, natural gas

Energy giant Shell said yesterday that it will stop buying Russian oil and natural gas and shut down its service stations, aviation fuels and other operations

MGM launches Spring gastronomy offers

MGM invites all gastronomy enthusiast to embark on the “Taste of Reminiscence” journey and indulge the true flavors of Chinese cuisines. The two Cantonese restaurants, Imperial Court at MGM Macau

Studio City to host ‘Pawsome Picnic Paw-ty’

Created in the classic French style of a famous chateaux, the French Garden at Studio City is an open yet secluded venue for outdoor activities. On March 20,

China’s trade up in Jan-Feb, before Russia invaded Ukraine

JOE McDONALD  China's exports rose by double digits in January and February before Russia’s attack on Ukraine roiled the global economy. Exports grew

Big tech grapples with Russian state media, propaganda

None of the U.S.-owned tech companies have responded with an outright ban of those outlets. Instead they’ve offered more modest changes: limiting the Kremlin’s reach, labeling

China manufacturing grows weakly in February

Chinese manufacturing activity grew weakly in February, hampered by supply disruptions, anti-virus controls and lackluster global demand, two surveys showed yesterday. A purchasing managers’ index issued by

US-EU sanctions will pummel the Russian economy

The Biden administration, in extraordinary and rapid cooperation with allies over a period of three days, has doubled down on its vow to impose “severe

Mining Biden wants to cut into China’s electric battery dominance

President Joe Biden highlighted his efforts to counter China’s dominance of the electric battery market yesterday as he touted domestic efforts to mine and process

Philippines signs USD624 million deal for 32 Black Hawks

The Philippines signed a 32 billion-peso ($624 million) deal this week to purchase 32 Black Hawk helicopters in the largest military aircraft acquisition contract under outgoing

Oil prices jump, shares sink as Russian troops enter Ukraine

Oil prices surged nearly 5% and stock prices dropped after Russian President Vladimir Putin ordered forces into separatist regions of eastern Ukraine, bringing a long-feared

China sanctions Raytheon, Lockheed over Taiwan deal

China said yesterday it will impose new sanctions on U.S. defense contractors Raytheon Technologies and Lockheed Martin due to their arms sales to Taiwan, stepping up

Australian electricity generator AGL rejects $5.8B offer

Australia's largest electricity generator, AGL Energy, has rejected an 8 billion Australian dollar ($5.8 billion) takeover bid from tech billionaire Mike Cannon-Brookes and Canadian investment firm

MGM extends national and cultural education series

MGM has partnered with the Oral History Association of Macao and Hall of Culture to organize the “MGM National & Cultural Education Series: Symposium on the Intricacies & Charm

Starbucks debuts seasonal beverages

Starbucks is launching the Salted Caramel Cloud Macchiato and Caramel Macchiato to spark up this spring with two new companions, the Salted Caramel Cold Brew and Salted Caramel Nitro Cold Brew. Soft and creamy “cloud

Gaming MGM seeks to convert junket players to direct players amid sector’s turmoil

MGM China is set to focus on targeting the mass market, saying “it is where the future resides,” as the city’s junket sector faces a crackdown.

MGM revenue surges 85% to HKD9.4b in 2021

MGM China’s net revenue soared by 85% to approximately HKD9.4 billion in 2021, according to its recent earnings announcement.  The group had a turnaround to

Evergrande | Troubled Chinese builder promises 600,000 apartments

A Chinese real estate developer that is struggling under $310 billion in debt is promising to deliver 600,000 apartments this year, a newspaper reported yesterday, in a

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