Dalian Wanda Commercial said to prepare USD6b HK IPO

Dalian Wanda Commercial Properties Co., the commercial real estate unit of billionaire Wang Jianlin’s conglomerate, is planning an initial public offering in Hong Kong that may raise as much as

Angola reportedly the only country in Africa that makes more foreign investments than it receives

The large size of Angolan investments abroad, namely in Portugal, is already reflected in the country’s statistics, which showed that in 2013 Angola was the only country in Africa that

Premier Li promises more open economy 


China’s premier promised yesterday to open the world’s No. 2 economy wider to foreign companies, promising favorable conditions despite a wave of anti-monopoly investigations that business groups say might be

Killings by anti-terror cops raise concerns 


When attackers from China’s minority Uighurs killed 37 people in a July rampage in far western Xinjiang, police responded by gunning down at least 59 of them. When three Uighurs

TAIWAN | Oil maker fined heavily over tainted lard

Taiwan has fined a cooking oil supplier 50 million New Taiwan dollars (USD1.67 million) over its sale of tainted lard, the public health watchdog said yesterday. The Public health authority in

TAIWAN | Mainland tourist numbers record fast growth

The number of individual tourists from the Chinese mainland to Taiwan more than doubled to 615,000 in the first seven months of this year, a spokesman said yesterday. Individual tourists,

PHILIPPINES | Autonomy bill aims to end conflict 


The Philippine president submitted a draft law to Congress yesterday that aims to end four decades of rebellion by Muslims in the south by granting them more autonomy in a

INDIA | Modi’s Kashmir flood relief may earn him Muslim goodwill

Indian Prime Minister Narendra Modi stepped up the military’s operation to save thousands from floods in Muslim-majority Jammu and Kashmir, where his Hindu nationalist party will contest elections this year. More

VIETNAM | Hanoi accuses China of beating fishermen

Vietnam has accused Chinese authorities of beating several of its fishermen and has demanded severe punishment for those involved in an incident that could increase tensions in a sea dispute

CHILE | President steps up security after bomb hurts 14 


Chile’s president increased security measures and expanded powers to investigate on Tuesday (yesterday, Macau time), a day after a bomb injured 14 people in the capital in the worst attack

USA | Obama outlining mission to fight Islamic militants 


President Barack Obama plans to outline in an address to Americans an expanded military and political effort to combat Islamic militants in Syria and Iraq, and urge Congress to quickly

This Day in History: 2001 – US rocked by day of terror

The Pentagon was also severely damaged by one of the three civilian airliners which hijackers turned into flying bombs. A fourth plane crashed in a field near Pittsburgh. A state of

Offbeat | NZ lodge owner charged with assaulting 16 guests

The owner of a New Zealand tourist lodge has been charged with drugging and sexually assaulting 16 guests, most of whom were from overseas. Police said yesterday that Michael Harris was

Pacquiao and Algieri conclude int’l media tour

Manny “Pacman” Pacquiao, boxing’s only eight-division world champion, and New York’s undefeated World Boxing Organization (WBO) junior welterweight champion  Chris Algieri concluded their 27,273-mile international media tour last Friday with

Mayweather says NFL should have kept Rice penalty

Champion boxer Floyd Mayweather Jr. says he believes the NFL should have stuck with its original discipline of Ray Rice, saying the league was overly influenced by new video showing

Basketball | World Cup US, Lithuania win to set up World Cup semifinal

The U.S. then turned a seven- point halftime lead into a 119-76 blowout of Slovenia as six Americans scored 12 or more points, led by Klay Thompson’s 20. Today’s semifinal at Palau

EPL | Spurs seek temporary home while building stadium

The English Premier League club will move away from White Hart Lane for a season to shorten the time required to build the new stadium adjacent to the current site. Tottenham

Ferrari president Montezemolo to leave the company

After more than two decades presiding over one of the biggest and most successful teams in Formula One, Luca Di Montezemolo is stepping down as president of Ferrari. The 67-year-old Montezemolo

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