HKEX seeks $9.8 billion in loans to fund London offer

Hong Kong Exchanges & Clearing Ltd. is in talks with banks for a loan to back its proposed takeover bid for London Stock Exchange Group Plc, people familiar with the

China approves first dual-class IPO in bid to lure tech firms

China is set to see the first dual-class listing in the domestic market, as the nation aims to stem an exodus of technology firms seeking listings overseas. Chinese cloud storage provider

Tencent’s China homage tops charts on eve of nation’s birthday

Tencent Holdings Ltd.’s homage to modern China has topped the gaming charts days after its debut, riding a groundswell of patriotism as the Communist Party prepares to celebrate 70 years

Saudi Arabia unveils new tourist visas

Saudi Arabia has announced a new tourist visa scheme, as part of efforts to open up the ultraconservative Muslim kingdom to foreign visitors and diversify its

Data privacy | Facebook, WhatsApp will have to share messages with UK

Social media platforms based in the U.S. including Facebook and WhatsApp will be forced to share users’ encrypted messages with British police under a new treaty between the

Hong Kong | Battered stock market is poised for a turnaround

Hong Kong stocks will end the year on a high note after handing investors the world’s worst returns this quarter. That’s according to analysts in a Bloomberg survey, who say attractive

Baidu plans to unload $1 billion in shares of online travel site

Baidu Inc. is selling about a third of its stake in online travel site Ctrip.com International Ltd., generating around $1 billion to counter a slowing economy and intensifying competition in

Corporate Bits | Beer fest returns to Sheraton Grand Macao

Sheraton Grand Macao Hotel is restaging its “German Beer Festival” in the lobby at the Palms Café and Bar from October 1 until the end of the year. The festival

Collapse of Thomas Cook is a reality check for China’s Fosun

The collapse of Fosun Group’s flagship European investment, Thomas Cook, is proving to be a reality check for the Chinese conglomerate’s ambitions to create a global travel empire via flashy

The man behind an audacious bid for the London Stock Exchange isn’t giving up

Charles Li is at it again: trying to persuade doubters that a one-time oil rigger who grew up on the fringes of the Gobi desert is

Google braces for landmark global privacy ruling

Google is bracing for another landmark privacy decision at the European Union’s top court, five years after a “right-to-be-forgotten” ruling forced it to delete links to personal information on request. The

Corporate Bits | Cognac maker Hennessy stages exhibition at Galaxy Macau

French cognac maker Hennessy is staging an exhibition at the Galaxy Macau integrated resort, which recaps the brand’s history and latest invention. The Hennessy Declassified exhibition is not a traditional event, but an

Barron Hilton, hotel heir who expanded into casinos, dies at 91

  Barron Hilton, the son of Conrad Hilton who expanded his father’s hotel empire and made the brand a force in Las Vegas gambling, has died, aged 91. Hilton died Thursday

Aviation | Jazeera Airways planning London-Bangkok trips in short-haul jets

After a surge in narrow-body plane flights across the Atlantic, Mideast discount carrier Jazeera Airways aims to push the model to its limits with services between Europe and Southeast Asia

Europe’s hottest property market is getting too hot for some

Ana Guerreiro points across the street at a handful of housing projects in Lisbon’s up-and-coming riverside neighborhood of Marvila. It’s where she moved in with her mother last year after

How virtual streamers became Japan’s biggest YouTube attraction

Kizuna Ai, the most popular streamer in Japan, is an anatomically exaggerated, perpetually adolescent girl in frilly thigh-high socks and a pink hair ribbon. She’s also

MGM celebrates golden, enduring love

MGM has revived its “Love Moments” initiative, celebrating the marriages of 20 elderly couples. It included the couples’ first-ever wedding photos taken at the Spectacle at MGM Cotai.

Sands China awarded for HR achievements

Sands China Ltd. has won three awards for its innovative talent development and management initiatives in the HRoot Awards 2019. The three awards are Best HR Center of Excellence

MTR train carrying passengers derails in Hong Kong

An MTR Corp. train derailed in Hong Kong, dealing a fresh blow for the subway operator that has become a target and battleground in the anti-Beijing demonstrations rocking the city. The

World shares mixed as markets await news on Saudi oil plant

World shares were mixed yesterday and oil prices eased back pending updates on restoring output at a Saudi Aramco oil processing plant damaged by an attack over the weekend. Chinese benchmarks

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