Beijing takes its most visible measure yet to curb yuan’s gain

China forced banks to hold more foreign currencies in reserve for the first time in more than a decade, its most substantial move yet to rein the surging yuan. The nation’s

Hong Kong turns to businesses to fix foundering vaccine push

When bar and nightclub owners in Hong Kong met with city officials this month, they expected to hear how the government planned to coax more of the largely resistant population

Shift in fortunes | Old-school tycoons of Hong Kong are losing to China’s moguls

The prediction was vintage Jack Ma, as provocative as it was prescient. “This is the era of the internet,” the Chinese billionaire proclaimed in October 2013, just weeks after his plan

Gaming | US Judge says Saipan casino builder must pay seven ex-workers USD5.4m

  A judge on the U.S. Pacific island of Saipan yesterday ordered a Hong Kong company to pay seven Chinese construction workers a total of $5.4 million for forcing them

Markets | China stocks jump most since July amid record foreign purchases

China’s equity benchmark rallied by the most since July as investors piled into stocks amid attempts by policymakers to contain commodity prices. The yuan also advanced to its strongest since 2018. The

Starbucks to launch summer menus

Starbucks Hong Kong and Macau will present its “Feel Good, Live Well!” vibe this summer as it launches a series of in-store and online activities and promotions to nurture body,

Galaxy launches fund to support Portuguese culture promotion

Galaxy Entertainment Group Foundation launched the “GEG Cultural & Academic Fund” early this year to support the Portuguese Institute of the Orient (IPOR) in organizing activities to promote Portuguese language

Wynn participates in recent Macao Week in Jiangsu

Wynn recently partnered with the SAR government for the “Macao Week in Jiangsu” roadshow at Nanjing Confucius Temple. Located along Nanjing’s famous Pedestrian Street at the Confucius Temple, the roadshow

Sands China leads delegation to Hengqin

Sands China Ltd. recently led a diverse delegation of team members to Zhuhai, as part of the company’s ongoing professionalism training initiatives in the Greater Bay Area. The gaming operator organised

Gaming | Genting woes lay bare Covid’s impact on travel and leisure

More signs of strain are showing at the Genting group after its Hong Kong-listed cruise ship operator reported a record loss and warned about its ability to continue as a

Singapore broker up 552% in a year, eyes China for more gains

iFast Corp., an online brokerage that’s been Singapore’s best-performing stock over the past year, is betting on China and a retail-trading frenzy to help it grow assets by more than

The Art of Giving | It’s just a divorce

Melinda and Bill Gates, two of the world’s most powerful philanthropist couples who have reshaped philanthropy over two decades, recently announced that they were ending their relationship. It would be just

Elon Musk loses world’s second-richest ranking as Tesla dips

Elon Musk’s Twitter posts keep sending Bitcoin prices tumbling. His own fortune is heading in the same direction. On Monday, Tesla Inc.’s chief executive officer lost his spot as the world’s

Retail | Hope for US boost pushes global luxury goods recovery: study

Luxury brands are already cashing in on promises of a 21st-century version of the “Roaring ‘20s” in the United States, where hefty stimulus packages and an advanced vaccine campaign are

Markets | Next Digital trading halted after Jimmy Lai’s assets frozen

The Hong Kong stock exchange halted trading of Next Digital shares yesterday at the media company’s request after authorities froze assets belonging to its founder Jimmy Lai, who has been

CTM launches eSIM service

CTM has made an official announcement launching the eSIM service in Macau, being the first telecom operator to launch such a service, with the objective of accelerating the development of

Sands Resorts participates in Macao Week in Jiangsu

Sands Resorts Macao has participated in the “Macao Week in Jiangsu” mega roadshow from May 14-17 at the Confucius Temple in Pedestrian Street, Nanjing. The exhibit introduced The Londoner Macao, an integrated resort

Gaming | US casinos match best quarter ever; post-Covid hopes rise

America’s commercial casinos matched their best quarter ever in the first three months of this year, as customers continued returning amid the COVID-19 pandemic and internet and sports betting money

Galaxy unveils 10th anniversary promotions

Galaxy Macau unveiled a series of promotions to mark its 10th anniversary. The five luxury hotels at Galaxy Macau is presenting the “10th Anniversary Hotel Packages,” including a package that allows

Gaming | Wynn to take online-betting business public in SPAC merger

Wynn Resorts Ltd. is taking its nascent online-betting business public by merging it with a special purpose acquisition company (SPAC), the latest in a line of such casino-industry deals. The Las

WP2Social Auto Publish Powered By : XYZScripts.com
MACAU DAILY TIMES