Grand Prix budget remains unchanged at MOP200 million

The 63rd edition of the Macau Grand Prix will receive more  financial support from its title sponsor. In a ceremony held at Macau Tower, it was announced that the total

Opposition mounts over proposed Macau-Taipa tunnels

The government’s proposal to build two tunnels connecting Taipa and the Macau peninsula has raised controversial debates within the city. A notice published in the Official Gazette last week indicated that

Arts | Kay Zhang’s exhibition depicts views on sex

Art For All Society (AFA) is set to host an exhibition titled “Innocencepedia - Works by Kay Zhang” at its premises on August 1. The exhibition will feature 33 hand

Briefs | Foreign reserves up in June

The Monetary Authority of Macao announced yesterday that the preliminary estimate of the MSAR’s foreign exchange reserves amounted to MOP151.3 billion at the end of June 2016. The reserves were

Transport | Drivers fined MOP600 for improper use of exclusive bus lane

Private drivers that use the exclusive bus lane that connects Barra and Doca Lam Mau on weekdays will be penalized with fines starting from this week. According to a statement released

Copper drops on outlook for credit tightening in China

Copper fell with most industrial metals amid speculation that credit conditions in China, the biggest user, will curb demand in the second half of the year. Nickel held last week’s

Gaming | Tsogo waits on South Africa rebound while expanding casinos

Tsogo Sun Holdings Ltd. is positioning itself for an economic rebound in South Africa as the continent’s largest gaming and hotels company upgrades casinos in its core market. While there’s enough

Auto industry | Audi’s positive prospects regarding Macau’s car market

Audi, a German car brand, is hoping for Macau’s automobile market to stabilize later this year as its sales in Hong Kong are recuperating due to an improvement in the

Corporate bits | Airport staff awarded certificates by U.S. Consul General

Terminal management services staff members Carbel Choi and Michael Iun of the Macau International Airport were awarded a “Certificate of Appreciation” by the U.S. Consulate General in Hong Kong and

Real Estate | Home price gains cool as smaller cities impose curbs

China’s home-price gains tapered off last month, as second-tier cities joined some of the nation’s largest hubs in imposing housing curbs to cool surging prices. New-home prices excluding government-subsidized housing climbed

Three officials fired after typhoon in east killed 83

The Chinese government has fired three officials in an eastern province after a strong tropical storm killed 83 people and left 19 others missing, an official news agency reported yesterday. Typhoon

Visa rules for Guangdong free trade zone relaxed

The Ministry of Public Security has promised a series of favorable policies for skilled foreign workers in the pilot free trade zone in south China’s Guangdong Province. According a ministry statement

HK said to survey brokerages on dark pool compliance

Hong Kong’s financial market regulator is querying brokerages and banks about their compliance with dark pool rules, according to people who have seen the questionnaire. The Securities and Futures Commission sent

Beijing announces South China Sea military exercises

China is closing off a part of the South China Sea for military exercises this week, the government said yesterday, days after an international tribunal ruled against Beijing’s claim to ownership of virtually

Nine people killed in avalanche in Tibet’s far west

An avalanche in Tibet’s far west has left nine people dead, along with scores of yaks and sheep, authorities and state media said yesterday. Those killed were all residents of the

Australia | Prime minister makes few changes to new Cabinet

Australia’s prime minister yesterday announced only minor changes to his new cabinet after two ministers lost their seats in elections early this month. Malcolm Turnbull also resisted pressure from the hard-­right elements

Philippine leader laments alleged drug links of some Chinese

The Philippines’ crime-fighting president says he plans to ask Chinese officials why some Chinese citizens who visit his country are allegedly involved in illegal drugs. President Rodrigo Duterte, who has vowed

South Korean prosecutor arrested for alleged corruption

A senior South Korean prosecutor has been arrested for allegedly pocketing millions of dollars following shady stock transaction deals with a leading online game maker, officials said yesterday. Jin Kyung-joon, a

Vietnamese community in the US | Police tackle rise in gambling ‘slaphouses’ in California

On a quiet suburban California cul-de-sac where neighbors hang wind chimes and grow rose bushes, one three-bedroom house stood out. At night, dozens of cars swarmed outside. Groups of young

Bangladesh indicts 41 on murder charges in 2013 factory fall

A Bangladesh court yesterday indicted 41 people for murder in the deaths of more than 1,100 people in the collapse of a building that housed five garment factories and became

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