Cathay soars as airport transfer hopes offset bleak outlook

Cathay Pacific Airways Ltd. shares extended their double-digit rally after a Chinese state-run newspaper tweeted that Hong Kong’s airport may restart transfer flights to mainland China, a move that could

China to bring up WeChat, TikTok in next US trade talks

U.S. and Chinese negotiators plan to discuss progress of their trade deal in the coming days, with Beijing pushing to widen the agenda to include Washington’s recent crackdown on businesses

GEG Youth Achievement Program holds Air Macau crew sharing session

Through a wide range of initiatives, including co-organizing the Youth Achievement Program with the Macau Management Association for nine consecutive years, Galaxy Entertainment Group (GEG) has actively supported the development

Sands Resorts Macao receives hygiene certification from inspection agency

Sands Resorts Macao has become the first Macau-based hospitality group to receive certifications for its five properties from global certification organization Bureau Veritas. Bureau Veritas, which works with the medical advisors

Five years after devaluation, China has the yuan it wanted

Compared with the global market turmoil China’s currency devaluation in 2015 triggered, the more gentle but steady depreciation since is spurring less concern. Five years ago to the day, the central

Hong Kong bankers move to suspend accounts on US sanctions

Banks operating in Hong Kong are stepping up scrutiny of their customers and at least one U.S. bank is moving to suspend accounts to avoid running afoul of U.S. sanctions

Swedish furnishing retailer IKEA publishes 2021 catalog

Swedish furnishing retailer IKEA has released its annual product catalog for year 2021, aiming to provide customers with more inspiration and ideas. According to IKEA, the catalog is intended to help

AirAsia teams up with China’s biggest OTA Trip.com

Winner of the world’s best low-cost-carrier title, AirAsia, has recently announced its strategic partnership with China’s largest online travel agency (OTA), Trip.com, in the hope of further boosting tourism in

Nokia CEO outlines neutral stance in superpower tech wars

Nokia Oyj Chief Executive Officer Pekka Lundmark said the Finnish networks maker plans to stand clear of geopolitics as the technology industry increasingly is thrust into trade and political conflicts. Lundmark,

TikTok to sue Trump administration as soon as Tuesday

TikTok plans to file a federal lawsuit as soon as Tuesday to challenge President Donald Trump’s executive order banning the video-sharing service from the U.S. as unconstitutional, National Public Radio

Li Ka-shing’s group profit drops as pandemic slams business

CK Hutchison Holdings Ltd.’s profit fell as the Hong Kong conglomerate founded by the city’s richest tycoon Li Ka-shing saw its retail, ports and real estate businesses hurt by the

Pompeo urges cutting ties with Chinese tech companies

Secretary of State Michael Pompeo urged American companies to bar Chinese applications from their app stores, signaling that U.S. efforts to banish Chinese technology from U.S. computers and smartphones will

The Art of Giving | Modern philanthropy. Covid-19: The great leveler?

“Tax us. Immediately. Substantially. Permanently.” A group of more than 80 of the world’s richest people, who call themselves the “Millionaires for Humanity” and include Jerry Greenfield, co-founder of Ben and

Facebook’s Instagram launches TikTok copycat in political storm

Facebook Inc.’s Instagram photo-shareing app is launching its clone of TikTok in more than 50 countries, a week after Chief Executive Officer Mark Zuckerberg defended the company’s copycat strategies to

Aviation | EasyJet expands summer schedule

EasyJet Plc is seeing a stronger-than-anticipated rebound in passenger demand following the lifting of lockdowns, prompting it to accelerate the addition of flights. Aircraft operated with 84% of seats full in

HK stocks jump suddenly with property developers leading gains

Hong Kong stocks saw a sudden spike in afternoon trading yesterday, with property shares leading the advance. The Hang Seng Index rose 2% at the close as inflows from across the

Microsoft tries to salvage deal to buy TikTok, appease Trump

In a bid to salvage a deal for the U.S. operations of TikTok, Microsoft Corp. Chief Executive Officer Satya Nadella spoke with President Donald Trump by phone about how to

MGM Cotai featured in BBC television series

MGM Cotai has become the first hotel in the greater China region to be featured in Amazing Hotels: Life Beyond the Lobby, a BBC television series. The episode featuring the

Summer Staycation at The Ritz-Carlton

The Ritz-Carlton, Macau is offering two new staycation packages, available for guests who book until August 7 and stay before October 31, 2020. The offers are available to both Macau

China’s ByteDance prepared to divest 100% of TikTok in US

China’s ByteDance Ltd. is prepared to sell 100% of TikTok’s U.S. operations as a way to head off a proposed ban on the music-video app by President Donald Trump, said

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