Non-resident deposits dropped 7.5pct

In November, currency in circulation and demand deposits rose 1.5 percent and 0.5 percent respectively, according to statistics released on Friday by the Monetary Authority of

Myanmar plans to attract more visitors from Macau, HK

Myanmar is planning to implement digital marketing to develop the country’s hotels and tourism sector, so as to increase promotional work to attract visitors from Macau

Autistic artist to receive honorific title

A local artist from the community is set to be awarded an honorific title of merit on Wednesday by the local government. Leong Ieng Wai, who

Briefs | CE calls on gov’t officials to implement Xi’s aspirations for Macau

Chief Executive (CE) Chui Sai On called on government officials to adhere to aspirations set out in key speeches made by President Xi Jinping. Speaking at the Macau

In Umbrella Movement shadow, Macau students say they want democracy

Macau students are overwhelmingly in favor of democratic reform in the special administrative region and are sympathetic toward Hong Kong’s 2014 Umbrella Movement, a new study

Gaming – US | NFL signs Caesars as casino partner, inches toward betting deals

The National Football League signed a multiyear deal to make Caesars Entertainment Corp. its first- ever casino partner, bringing the pro sport and its owners closer to a possible

Hong Kong | Stocks have the worst start to a year since 1995

Hong Kong shares had their worst start to a year since 1995, as further signs of a slowing Chinese economy spurred declines. The Hang Seng

Nissan executive on leave for tasks related to Ghosn arrest

Nissan Chief Performance Officer Jose Munoz, who oversaw the Japanese automaker’s global strategies, is taking a leave of absence to work on “special tasks arising from recent

As China cuts back on iPhones, LVMH handbags could be next

After Apple Inc.’s shock profit warning, investors were quick to make the connection: if Chinese consumers are cutting back on iPhones, Louis Vuitton handbags could

HK Financial Secretary says no plan to relax property cooling

The Hong Kong government has no plan to ease property-cooling measures, including the stamp duty on second homes or for overseas buyers, as many residents still

China must democratize for progress on Taiwan, Tsai says

China must usher in major democratic reforms if it hopes to overcome decades of mutual animosity with Taiwan, President Tsai Ing- wen said in Taipei Saturday.

Rover powers up devices in pioneering moon mission

All systems are go as a Chinese spacecraft and rover power up their observation equipment after making a first-ever landing on the far side of the

Beijing says US travel advisory ‘cannot stand up to scrutiny’

China on Friday rebutted a U.S. travel advisory that urges American nationals to “exercise increased caution” when travelling in the Communist Party-ruled country. The advisory, which warns of

Philippines | Peso faces new threat as Duterte gears up for poll

As if falling for six straight years wasn’t enough, the Philippine peso is now facing an additional threat: a mid-term election that may compound concerns about its economy.

Japan | Bluefin goes for USD3 million at first 2019 sale at Tokyo market

A 278-kilogram bluefin tuna sold for a record 333.6 million yen (USD3 million) at the first auction of 2019, after Tokyo’s famed Tsukiji market was moved to a

India | Second group of Rohingya Muslims deported to Myanmar

India last week deported a second small group of Rohingya Muslims to Myanmar after ordering the expulsion of members of the Myanmar minority group and others who

Tropical storm crosses south Thailand without major damage

Ferry services and airports reopened in southern Thailand on Saturday as a storm moved west into the Andaman Sea after causing disruption and leaving at least one

Malaysia | King abdicates in unexpected move

Malaysian King Sultan Muhammad V abdicated on Sunday in an unexpected move, after just two years on the throne. The palace said in a statement that the

Italy | Leaders send conflicting messages on migrants at sea

The leaders of the populist parties that formed Italy’s government sparred Saturday over more migrants stranded on private rescue vessels in the Mediterranean Sea, exposing cracks in

Venezuela | Congress names new leader, vows to battle Maduro

Venezuela’s opposition-controlled congress opened its first session of the year Saturday, installing a fresh-faced leader who struck a defiant tone and vowed to take up the battle

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