China Resources surges after selling assets to focus on beer

China Resources Enterprise Ltd. rose the most in more than two decades after announcing it will sell businesses including its main money-losing retail venture with Tesco Plc, and focus on

Corporate Bits | Results of CEM energizing tour first quarter lucky draw revealed

To encourage visitors to provide feedback on the Tour, a lucky draw was launched, with an electrical appliances cash coupon of MOP2,000 to be offered to one lucky winner every

Site about Portuguese economy launches Mandarin version

The Orient Museum in Lisbon yesterday launched the Chinese version of the website at ceremony attended by Vice-Prime Minister Paulo Portas, the Ambassador of the People’s Republic of China in

Angola wants greater cooperation from China

China and Angola have maintained good cooperation in many areas but there is still much to be done together, said Monday in Jakarta the Angolan Minister of Foreign Affairs. “China has

Xi picks Pakistan dam as first stop on USD40b Silk Road

China picked a dam project in northern Pakistan for its first investment by a USD40 billion Silk Road infrastructure fund as President Xi Jinping looks to expand the country’s influence

US business group urges more transparency, access 

The American Chamber of Commerce in China called yesterday for more government transparency and fairness as the confidence of U.S. companies in the country’s investment climate deteriorates. The chamber said in its annual

Central, western regions have worst air pollution, Greenpeace says

Henan, Hubei, Hunan and Sichuan were among the 10 worst-polluted provinces in the three months ended March 31, Greenpeace said in an e-mailed statement. The provinces are areas of the country

HONG KONG | Defiant residents resist mainland’s embrace

All around Chow Tak-­yee’s neighborhood in the working-class edges of Hong Kong, the 26-year-old can feel the spreading influence of nearby mainland China on the prosperous, open-minded city she›s always called home. The

New Zealand | AC/DC drummer Phil Rudd pleads guilty to threatening to kill

Rudd faces up to seven years in prison on the threatening to kill charge, although his lawyer Craig Tuck said the prosecution case boils down to an angry phone call,

South Korea | Prime minister offers to resign amid scandal

South Korea’s prime minister has offered to resign amid a bribery scandal just two months after he took up the country’s No. 2 post, officials said yesterday, in the latest political crisis

Japan | Abe sends offerings to controversial war shrine ahead of Xi meeting

Japanese Prime Minister Shinzo Abe sent religious offerings yesterday to a Tokyo shrine that honors convicted World War II leaders among its war dead, a likely signal that he won’t

Egypt | Court sentences ousted president Morsi to 20 years in prison

An Egyptian criminal court yesterday sentenced ousted Islamist President Mohammed Morsi to 20 years in prison on charges linked to the killing of protesters in 2012, the first verdict to

South Africa | Hundreds leave after anti-immigrant violence

Worried about their safety, hundreds of African immigrants headed out of South Africa in buses on Monday following deadly attacks on foreign-owned shops. South Africa’s anti-immigrant attacks, in which seven people have been killed this month,

Migration | Prosecutors build case against traffickers as EU mulls plan

Italian prosecutors yesterday began building their case against the traffickers responsible for the drowning of as many as 950 migrants in the Mediterranean, as European Union leaders mulled a new plan to

This Day in History: 1971 Haitian dictator dies

President Duvalier, who declared himself “president for life” in 1964, died at the presidential palace in Port-au-Prince. He is believed to have been seriously ill for some time - his ailments

Offbeat: Egypt court sentences belly dancer for ‘insulting’ flag

Egyptian court has sentenced a popular Armenian belly dancer to six months in prison for “insulting the Egyptian flag” after she allegedly wore a tight dress in its red, white

Athletics | Desisa wins 119th Boston Marathon; Rotich takes women’s race

Lelisa Desisa ran through the rain to earn a second Boston Marathon victory and his first chance to enjoy it. The 25-year-old Ethiopian broke the tape again on Boylston Street as

The pipeline | How baseball-mad Cuba develops top-tier talent

Yasiel Puig, Jose Abreu and other Cuban baseball players arriving in the major leagues in recent years all come from the same pipeline: state-run academies that produce hundreds of players

Baseball | White Sox rally for 4-3 victory over Indians

Melky Cabrera capped Chicago's four-run ninth inning with an RBI single off Cody Allen to send the White Sox to a 4-3 victory over the Cleveland Indians yesterday (Macau time). Six

World Views: Asia’s growing China problem

Asia has a China problem. Beijing has just initiated its biggest cut in bank reserve requirements since 2008, a move that underscores just how worried it is about its economy. But the

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