Interest rates and Fed’s epic inflation fight

The Fed is trying to figure out whether last year's rate hikes have slowed the economy enough to get inflation near its target of about 2%. By raising what's

Friday, February 3, 2023 – edition no. 4179

— A vessel swap prompted changes to layout of berths at the Outer Harbour Terminal; gov’t says all good * Covid-19 | MUST predicts minor outbreak in Macau in May * Taste

Gaming revenue jumps 82.5% as China, HK travel resumes

The city’s casinos saw gross gaming revenue (GGR) surge in January as China’s  The Gaming Inspection and Coordination Bureau (DICJ) The recovery follows 10

Character witnesses highlight sense of responsibility and generosity of Tak Chun’s boss

The trial of the Tak Chun Group CEO and eight other defendants continued yesterday at the Court of First Instance (TJB). In a session dominated

Lawmaker Lei stresses mutual consent as basis for critical change

When critical employment principles are to be changed, mutual consent from both employer and employee is critical, lawmaker Ella Lei said yesterday. Lei is part of the Macao

New top lawyer relies on public opinion on his future stance

The new president of the Macau Lawyers’ Association (AAM) will rely on public opinion to decide if he will be progressive or conservative at this post.

Taiwan activates defenses in response to China incursions

Taiwan scrambled fighter jets, put its navy on alert and activated missile systems in response to nearby operations of 34 Chinese military aircraft and nine warships

Fernandez signing caps big-spending Chelsea’s latest spree

Chelsea completed another staggering spending spree by its new American ownership — more than $350 million this time — by signing Argentina midfielder Enzo Fernandez for a

WSJ recommends stocks of companies more exposed to mass-market

Gamblers “have started placing bets in Macau casinos again. Investors are piling back into Macau casino stocks too,” The Wall Street Journal (WSJ) reported yesterday after

Golden bus gives free return tickets to HK entrants

The shuttle bus serving the Hong Kong-Zhuhai-Macau Bridge – commonly known as the Golden Bus – will offer free return tickets to Hong Kong residents traveling to

Pui Ching principal hopes daily RAT requirements end soon

Lawmaker Kou Kam Fai, principal of Pui Ching Middle School, hopes daily Covid-19 antigen tests on students with no previous infections will end soon. Government

NATO chief wants more ‘friends’ as Russia, China move closer

China's growing assertiveness and collaboration with Russia poses a threat not only to Asia but also to Europe, NATO Secretary-General Jens Stoltenberg said yesterday as he

Resistance steadfast against army rule two years later

The prospects for peace in Myanmar, much less a return to democracy, seem dimmer than ever two years after the army seized power from the elected government

Blinken visit highlights US limitations in region

U.S. Secretary of State Antony Blinken yesterday wrapped up a two-day visit to Israel and the occupied West Bank with no visible signs of progress toward

1990 De Klerk dismantles apartheid in South Africa

The President of South Africa has lifted the 30-year ban on leading anti-apartheid group the African National Congress. In a televised speech at the opening of

Hong Kong bans CBD, forcing businesses to shut or revamp

Hong Kong banned CBD as a “dangerous drug” and imposed harsh penalties for its possession on Wednesday, forcing fledging businesses to shut down or revamp. Supporters

GM conditionally OKs $650M Nevada lithium mine investment

General Motors Co. has conditionally agreed to invest $650 million in Lithium Americas Corp. in a deal that will give GM exclusive access to the

FIFA anxious to reboot Club World Cup after years of delays

A little-loved member of FIFA’s family of soccer tournaments for so long, the latest Club World Cup starts today as a seven-team event two years after that

Saudi soccer influence grows by winning seat on FIFA Council

Saudi Arabia added to its influence in world soccer yesterday, winning a seat on the FIFA Council and then being confirmed as host of the 2027 Asian Cup. The

Italy on alert amid anarchist attacks on diplomatic missions

Italy’s government has increased security at its diplomatic missions around the globe in response to “a crescendo of terroristic attacks” by an informal anarchist network acting in solidarity

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MACAU DAILY TIMES