Economy | Mortgage loans surge

New approvals of residential mortgage loans (RMLs) and commercial real estate loans (CRELs) both increased in July, according to statistics released yesterday by the Monetary Authority of

Wisconsin set to approve USD3b for Foxconn

The Wisconsin Senate was poised to approve nearly USD3 billion in cash payments for Taiwan-based Foxconn Technology Group, an unprecedented incentive package for the electronics company to

Ferrari’s entry-level Portofino confronts USD2.5m Mercedes

Ferrari NV is introducing a new “entry-level” supercar, while Mercedes-Benz is testing the segment’s upper price limit as the rivals vie for the world’s most

Trump said to visit China in November amid North Korea spat

U.S. President Donald Trump will visit China in November, a person familiar with his plans said, as tensions flare on the Korean peninsula due to Pyongyang’s

Xinjiang | Chinese imprisoned for two years after teaching about Islam

A member of a Muslim minority group has been sentenced to two years in a Chinese prison after forming online discussions groups to teach about Islam. Huang

Korean crisis | Oil will keep flowing, but UN sanctions hit Beijing’s troublesome ally hard

North Korea will be feeling the pain of new United Nations sanctions targeting some of its biggest remaining foreign revenue streams. But the Security Council eased off

Bangladesh leader slams Myanmar for ‘atrocities’ against Rohingya

The Bangladeshi prime minister was traveling yesterday to struggling refugee camps that have absorbed hundreds of thousands of Rohingya fleeing violence in Myanmar in recent weeks —

Philippines | Four dead, six missing in floods and landslides

A tropical depression dumped heavy rain on the Philippines yesterday, flooding metropolitan Manila and nearby provinces and causing landslides and flash floods that killed at least four people. Six

Caribbean | ‘Worst ever seen’: European leaders view Irma-hit islands

France’s president, Britain’s foreign secretary and the Dutch king were visiting Caribbean territories yesterday that have been hammered by Hurricane Irma, trying to quell accusations by

Zimbabwe | First lady denies assault, says she was attacked

Representatives of Zimbabwe’s first lady say a young woman who accused her of assault was the actual aggressor, allegedly attacking Grace Mugabe with a knife while drunk,

Mexico | Death toll from big earthquake rises to 96

The death toll from Mexico’s 8.1 magnitude earthquake rose to 96 yesterday   as more victims were confirmed in the hard-hit southern states of Oaxaca

Offbeat | Complaints about festival’s cold pizza prompt state inquiry

Some New York City foodies say a neighborhood pizza festival has left them with a bad taste in their mouths. Prosecutors are looking into the New York

This Day in History | 1993 – Rabin and Arafat shake on peace deal

The Prime Minister of Israel, Yitzhak Rabin, and the PLO leader, Yasser Arafat, have shaken hands before cheering crowds on the White House lawn in Washington.

The African basketball championship | Unique and entertaining competition

The African basketball championship may lack star power — even electrical power on occasion. But with national pride at stake, it almost always entertains. AfroBasket,

Football | Champions League returns with Real Madrid the team to beat

The Champions League group stage kicked-off today with Real Madrid looking to win Europe’s top club competition for a third straight year, a feat not achieved since Bayern

World briefs

PHILIPPINES A tropical depression dumped heavy rain on the Philippines yesterday, flooding metropolitan Manila and nearby provinces and causing landslides and flash floods that killed at least four

The Buzz | Merkel: Hungary can’t ignore EU refugee ruling

German Chancellor Angela Merkel says it’s unacceptable for Hungary to ignore a ruling by the European Union’s top court that it must accept refugees under an EU-wide plan.

Syrian refugee camp in Jordan gets full-size football pitch

  UEFA President Aleksander Ceferin kicked a ball around with Syrian children who joyfully ran onto the facility’s artificial grass after the ribbon-cutting. “I love football because it helps us

Macau Matters | Improving construction productivity

A recent article in The Economist points out the low productivity and poor performance of the global construction industry. It identifies several things that governments and others can

Wednesday, September 13, 2017 – edition no. 2886

* Hong Kong Finance chief warns again of property risk as Fed acts * ‘Cyber risk is a real challenge’ * ‘Macau people, Macau land’ * Trump said to visit china in November   DOWNLOAD

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