Gaming | Casino stocks boom again, Macquarie says it’s fleeting

Macau casino operators are leading gains on Hong Kong’s stock market for the first time in nine months, a winning streak Macquarie Investment Management Ltd. and Pictet Asset Management Ltd.

CEO of Japan’s Toshiba resigns over doctored books

Toshiba’s CEO and eight other executives resigned yesterday to take responsibility for doctored books that inflated profits at the Japanese technology manufacturer by 152 billion yen (USD1.2 billion) over several

Corporate Bits | Mastercard launches Masterpass in Hong Kong and Brazil

Seeing the enthusiasm Hong Kong consumers have towards the emerging digital lifestyle and enhancing their online shopping experience, MasterCard is partnering with Bank of East Asia, China Construction Bank, Dah

Angolan airline gives up flights to Dubai

Reduced passenger numbers have led the board of directors of Angolan airline TAAG to bring flights to Dubai (United Arab Emirates) to a halt and to reduce links to São

Angola | Germany and Italy showcased at largest trade fair

The 32nd edition of the Luanda International Fair (Filda) started yesterday in Luanda with the participation of 40 countries and territories and 930 national and international exhibitors, occupying a covered

Hu Jintao’s top aide to face corruption trial

Former President Hu Jintao’s top aide has been arrested on corruption charges, stripped of his party membership and removed from all government positions, China’s state media said. The ruling by the Communist Party’s

Shanghai heralds boost for emerging nations with BRICS Bank opening

The biggest emerging economies opened their New Development Bank in Shanghai, strengthening China’s ability to offer developing nations the support traditionally given by the U.S. and Japan through organizations like

Beijing slams Mitsubishi’s ‘selective’ wartime slave labor apology

Mitsubishi Materials Corp. should expand its apology for using U.S. prisoners of war as forced laborers during World War II to include captured Chinese soldiers, state-run Xinhua News Agency said

College librarian admits he replaced art with fakes

A former chief librarian at a Chinese university admitted in court yesterday to stealing more than 140 paintings by grandmasters in a gallery under his watch and replacing them with

Man blows himself up killing 3, injuring 24 others

An unemployed man suffering from a liver ailment blew himself up in an explosion that also killed two other people and injured 24 outside a park in eastern China, Chinese

Japan | Annual defense paper shows heightened worry over China

Japan emphasized China as a threat in escalating regional tensions in this year’s annual defense report as Prime Minister Shinzo Abe’s government tries to convince the public of the need

North Korea | Pyongyang not interested in something like Iranian nuclear deal

North Korea said yesterday that it’s not interested in an Iran-type nuclear disarmament deal, saying it won’t abandon its atomic weapons as long as the United States maintains hostile policies toward the

Myanmar | 2 newspaper editors fined for insulting president

A Myanmar court yesterday fined two editors of a weekly newspaper 1 million kyat (USD809) each after finding them guilty of violating the country’s media law by insulting the president. The

Thailand | Coal plant proposed for pristine coast sparks outcry

Plans to build an 800-megawatt coal power plant near some of Thailand’s most popular beaches have sparked protests and a hunger strike by activists who say officials aren’t considering its

Briefs | Cambodia – 11 opposition activists jailed for insurrection charges

Cambodia’s Phnom Penh Municipal Court yesterday convicted eleven opposition activists of leading or participating in an insurrection and sentenced them to between 7 and 20 years in prison. They were

Burundi | Nation votes amid unrest as president seeks 3rd term

Burundi began voting in its presidential election yesterday following a night of gunfire in which three people were killed, including two police officers, in unrest over President Pierre Nkurunziza’s bid

Greece | Tsipras stays popular despite bailout hardship

Under Alexis Tsipras, Greece slid back into recession, sank deeper into debt and found itself pushed to the brink of bankruptcy. Then after rejecting one painful bailout deal, the radical

This Day in History | 1977 – Deng Xiaoping back in power

The Chinese Communist Party conference has restored him to the offices of Vice Premier of the State Council, Vice-Chairman of the Central Committee, Vice-Chairman of the Military Commission and Chief

Offbeat | Teams on the Thames count the monarch’s swans

By tradition, the monarch owns all the swans found in Britain’s open waters, and the event assesses their overall well-being. The queen, who counts Seigneur of the Swans among her many

Cycling | Tour de France – Thrills, spills and telephone pole on Stage 16 won by Plaza

Two bright-yellow Tour  de France arrows attached to a telephone pole were telling Geraint Thomas to veer sharp right. He rode straight into them. Roadside spectators on the hairpin bend both froze and

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