HK economy expected to shrink in fourth quarter

Hong Kong’s economy is set to contract in the fourth quarter as the city reels from six months of violent social unrest, the financial chief said

Around the world, luxury real estate poised to (mostly) strengthen

Rich homebuyers laid low in 2019 as economic uncertainties turned global cities into risky propositions. But don’t be surprised next year to spot the world’s wealthiest

Ho Iat Seng returns from trade mission in Guangdong

Chief Executive Ho Iat Seng has reiterated the two major priorities of his administration: to improve the livelihoods of local people and to enhance the

Macau won’t overtake Qatar as richest economy after all

Macau will not overtake Qatar next year to become the world’s richest economy, but will instead lose its second-place ranking to Luxembourg within a few years.

Japan | Ruling party lawmaker arrested in casino bribery scandal

Tokyo prosecutors arrested a ruling party lawmaker on suspicion of receiving bribes from a Chinese company seeking to invest in the casino industry, dealing a blow

Bishop Lee encourages believers to resist consumerism

Macau Bishop Stephen Lee has conveyed the annual traditional Christmas message, encouraging the public to stay away from consumerism and materialism, as previously conveyed by Pope

HK residents eye homes overseas as protests drag on

Residents of Hong Kong are hunting for homes all over the world as tense anti-government protests look set to drag into the new year. Real estate brokers from Australia to Canada

Analysis | Xi Jinping speech made in Macau for Hong Kong ears

Chinese President Xi Jinping used his visit to Macau last week to stress one message above all: that the benefits afforded by the ‘Two Systems’ are

Cybersecurity law enters into force, PJ launches CARIC

To cope with their new duties under the Cybersecurity Law, which entered into force on Sunday, December 22, the Judiciary Police (PJ) has begun operation

Alexis Tam accused of overspending

The new Chief Executive, Ho Iat Seng, has explained his two unlikely picks to succeed as Secretary for Social Affairs and Culture and Secretary for Economy and

Local directors question Cinematheque’s reason for closure

After having screened alternative films for three years, the Cinematheque Passion is set to stop operating by the end of the year due to contractual issues with

Crime gangs prey on Hong Kong protests

The Hong Kong seller of luxury watches looked on in horror as masked men wielding the biggest sledgehammer he’d ever seen smashed through the door

Activists: Macau is ‘unconvincing example’ of One Country, Two Systems

According to Chinese President Xi Jinping, Hong Kong has a lot to learn from Macau when it comes to the ‘One Country, Two Systems’ policy framework, designed to safeguard Chinese

Beijing loyalist Ho Iat Seng takes helm in Macau

Ho Iat Seng was inaugurated today as the third Chief Executive of the Macau Special Administrative Region since the territory’s return to Chinese rule in 1999. The 62-year-old businessman

National security emerges as President Xi’s top message

Chinese President Xi Jinping yesterday called on security forces in the Macau Special Administrative Region to resolutely prevent and crack down on actions endangering the security of national sovereignty and

Analysts: Xi’s visit already impacting tourism, gaming

President Xi Jinping’s official visit has already impacted the city’s visitation and gaming results, analysts from Sanford C. Bernstein and JP Morgan said Last week, brokerage Sanford C. Bernstein predicted that

China’s central bank to raise remittance limits from Macau

The Chinese central bank authority, People’s Bank of China, announced on Wednesday that it would raise the daily limit on individuals’ remittance from Macau to Chinese yuan accounts in the

A gambling prize worth $20 billion is losing its luster in Japan

Casino executives who have long salivated over Japan as a potential $20 billion gaming market are beginning to question whether that jackpot is worth all the trouble. Japan legalized casino gambling

Arrival in ‘beautiful’ Macau | Xi Jinping pledges to engage with all peoples

Chinese President Xi Jinping has kicked off a three-day visit to Macau by describing the special administrative region as “beautiful” and pledging to engage with people

More Hong Kong activists, journalists denied entry to Macau

Journalists from more than five media outlets outside of Macau, including journalists from pro-establishment publications, have been refused entry to the territory. Yesterday, five

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