MDT Report | Mixed feelings among local retailers over weakened renminbi

Local small and medium-sized retailers have generally shrugged off the news of China’s decision to devalue its currency, announced by the Central government on Tuesday, while jewelers and watch-sellers expressed

Hundreds swindled out of joint MOP8.53 million in phone scams

A joint investigation launched by Macau and Taiwan’s police authorities led to the arrest of two Taiwan residents in connection to phone fraud charges. The nature of phone scams varies, but

Alexis Tam keen on solving Macanese doctor exam

The Secretary for Social Affairs and Culture, Alexis Tam, has acknowledged his surprise in learning that a Macanese doctor, who had completed her degree at the University of Coimbra’s Faculty

Breakthrough genome database launched for public healthcare policies

The medical breakthrough in the region, led by scholars at the Macau University of Science and Technology (MUST) and from the Hong Kong Polytechnic University, was believed to serve as

Q&A at the AL | Chui ‘cautiously optimistic’ on gaming, tourism

The Chief Executive (CE) Chui Sai On attended a Q&A session at the Legislative Assembly (AL) yesterday answering a total of 32 lawmakers’ inquiries covering concerns over industrial development, regional

Elderly petitioners scuffle with police

The group of petitioners demanded to enter the AL building to listen in on the CE’s Q&A session with lawmakers and to deliver the petition letter to him. Being barred

Public consultation on Estoril revamp extended

The public consultation period on Hotel Estoril’s renovations will be extended until September 20, the Secretary for Social Affairs and Culture, Alexis Tam, told Radio Macau yesterday. While it was

Gaming | SJM’s first-half profit falls 54pct

SJM’s profit fell by 54.1 percent year-on-year in the first half of 2015, the company said in a filing yesterday to the Hong Kong Stock Exchange. The profit for the six

Report: Melco readies for poor Macau outcome

  Melco Crown Entertainment has confirmed that Studio City International Holdings appointed Moelis and legal firm Kirkland & Ellis “because of the possibility that the table allocation for Studio City’s gaming

Australia | SkyCity eyes Adelaide casino expansion to lure more high rollers

SkyCity Entertainment Group Ltd. needs to complete development of the Adelaide casino site to attract a bigger share of the Asian high-roller market, Chief Executive Officer Nigel Morrison said. SkyCity increased

Hacking ring accused of making USD100m on stolen news releases

In late October 2013, Panera Bread Co., the national chain of restaurants that specializes in healthy soups and baked goods, prepared a news release to announce it was adjusting its

Corporate Bits | Mid-autumn offers at city of dreams and altira macau

Altira Macau’s signature Chinese restaurant “Ying” is also launching a special Mid-Autumn dinner menu of Chinese delicacies while allowing families to enjoy fireworks with views of the Macau Peninsula. In

South China Sea | Ambassador outlines limits to freedom of navigation

China respects freedom of navigation in the disputed South China Sea but will not allow any foreign government to invoke that right so its military ships and planes can intrude

Landslide traps 60 people in mining town

A midnight landslide at a mining community in central China buried several dormitories and homes, leaving more than 60 people missing, local authorities said yesterday. The provincial government of Shaanxi said

Britain’s Hammond in Beijing for security, climate talks

British Foreign Secretary Philip Hammond said yesterday that an international agreement to limit Iran’s nuclear program could give impetus to efforts aimed at curbing North Korea’s nuclear weapons program. Hammond, who

Yuan falls for 2nd day after surprise devaluation

China’s currency fell further yesterday following a surprise change in its exchange rate mechanism that rattled global markets and threatens to fan trade tensions with the United States and Europe. The central

South Korea | Man critical after self-immolation at ‘comfort women’ rally 

An 80-year-old South Korean man was unconscious and experiencing breathing difficulties after setting himself on fire during a large anti-Japan protest in Seoul, hospital officials said. The rally, held in front

India | Gov’t seeks USD99m damages from Nestle after banning Maggi noodles

India is seeking 6.4 billion rupees (USD99 million) in punitive damages from the local unit of Nestle SA, saying the maker of Maggi instant noodles engaged in “unfair trade practices.” The

Malaysia | Opposition party sues PM over USD700m in donations

A Malaysian opposition party yesterday filed a civil lawsuit against Prime Minister Najib Razak for alleged election offenses involving USD700 million in his bank accounts. The anti-graft agency recently announced the

USA |Clinton relents, gives up possession of private email server 

Hillary Rodham Clinton has relented to months of demands that she relinquish the personal email server she used while secretary of state, directing the device be given to the Justice

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