Galaxy’s confidence in Macau not shaken by 91% revenue drop

Galaxy Entertainment Group’s (GEG) net revenue during the second quarter of 2020 stood at HKD1.15 billion, down 91% year-on-year and down 77% quarter-on-quarter due to the adverse impacts of Covid-19,

Fitch affirms MGM Resorts rating on account of ‘strong liquidity’

Fitch Ratings has affirmed the ‘BB-’ Long- Term Issuer Default Ratings (IDRs) of MGM Resorts International and MGM China Holdings, on the basis of the companies’ “strong liquidity position to weather

Lui committed to Japan IRs despite timeline delays

Galaxy Entertainment Group (GEG) said that it remains committed to its Japan expansion plans despite the timeline delays associated with the impact of the Covid-19 pandemic. GEG Chairman Lui Che Woo

Wynn Resorts establishes new foundation to help Macau’s development

Wynn Resorts (Macau) has set up a foundation with an initial fund of 10 million patacas to promote Macau’s “prosperous and harmonious development,” according to the foundation’s statute published in

Jimmy Lai | Hong Kong media tycoon relieved he wasn’t sent to China

Jimmy Lai had just finished his morning exercise and was catching up on the news when the police arrived. “There were 15, 20 policemen there, and they said I was under

Trade war | Pompeo, in Slovenia, pushes 5G security, warns about China

U.S. Secretary of State Mike Pompeo is in Slovenia making the case for high-speed wireless networks that bar Chinese companies like Huawei. On the second leg of a four-nation tour of

This Day in History | 1941 Secret meetings seal US-Britain alliance

The Prime Minister, Winston Churchill, has spent the last few days in top-secret meetings with the American President, Franklin D Roosevelt. Details of the meetings only emerged after the announcement of

75 years later, one million Japanese war dead still missing

Seventy-five years after the end of World War II, more than 1 million Japanese war dead are scattered throughout Asia, where the legacy of Japanese aggression still hampers recovery efforts. The

China’s days as world’s factory are over, iPhone maker says

A key supplier to Apple Inc. and a dozen other tech giants plans to split its supply chain between the Chinese market and the U.S., declaring that China’s time as

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

Macau Racing Tips | The Leyton Orient 2020-08-16 | Sun | 16:10

Peter Leyshan’s sand runner Destney (pictured) should prove himself a capable winner this Sunday in The Leyton Orient Class 3&4 1350 Metres sand race. Destney is an 8 year old

Champions League finals | Silva, the City wizard who helped to redefine English soccer

There’ll be no standing ovation in a full stadium for David Silva after his final appearance for Manchester City. He won’t be grabbing a microphone — Pablo Zalabeta-style — and making

The Buzz | China extends anti-dumping tariffs on Indian optical fiber

China’s Commerce Ministry said yesterday it has extended punitive tariffs on Indian optical fiber products for five years. The announcement follows a yearlong review after a previous tariff expired in 2019.

Pacific War’s end meant years of pain for Japanese girl in China

The last day of the Pacific War was also supposed to be Fumie Sato’s last. After hearing Emperor Hirohito’s Aug. 15, 1945, radio broadcast declaring Japan would soon be “enduring the

Editorial | Soft causes

For the first time in the history of Hong Kong, a newsroom was raided and searched by the police. The headquarters of Next Digital media group, which operates the pro-democracy Apple

Friday, August 14, 2020 – edition no. 3598

  * Now, nobody can fly — Hurdles on AirAsia path to helping Macau students * Jimmy Lai released without charge after 36 hours detention * China’s national cryptocurrency is ready to undergo testing

Jimmy Lay: Hong Kong media tycoon relieved he wasn’t sent to China

Jimmy Lai had just finished his morning exercise and was catching up on the news when the police arrived. "There were 15, 20 policemen there, and they said I was under

Crime | Three victims of nude chat fraud include two students

Three young people, including two students, have come forward as victims of blackmail from nude video chats with strangers, the Judiciary Police (PJ) said during yesterday’s joint police press conference. All

Briefs | IC to host additional concerts for HUSH!! summer festival

  The Cultural Affairs Bureau (IC) has decided to host two additional concerts for HUSH!! Full Music 2020 due to what the authority has called an “overwhelming response” to the summer

NPC allows Macau, HK lawyers to work in Greater Bay cities

Macau and Hong Kong legal practitioners have been approved to work as attorneys in Guangdong province on a trial basis after acquiring mainland legal practice qualifications. On Tuesday, the Standing Committee

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