Racial quotas controversy re-emerges in South African sport

  Did South Africa’s cricket team drop a white player and replace him with an injured black player for a World Cup semifinal match to make its lineup more racially acceptable? The question has revived an uncomfortable conversation over race and change in

World Views: Debt could derail China’s ambitions

China’s Xi Jinping made a lot of grand promises over the weekend, pledging a new order where China and Chinese-led institutions such as the new Asian Infrastructure Investment Bank would promote

Wednesday, April 1, 2015 – edition no. 2282

* Cash handouts value might be ‘adjusted’ in 2016 * Analysts slash forecasts as downturn accelerates * Forum Macau enters new phase * Saudi-led forces strike Yemen rebels   DOWNLOAD

The Buzz: Wild rhino enters Nepal city, killing 1 and injuring several

A wild rhino has entered a city in southern Nepal, killing a woman and injuring several other people. Government administrator Ram Prasad Thapaliya says the rhino entered Hetauda yesterday, terrorizing

Media | Killing of journalists should be a war crime

The president and CEO of The Associated Press called yesterday for changes to international laws that would make it a war crime to kill journalists or take them hostage. Gary Pruitt

World Briefs

CHINA The U.S. stood firm on rejecting membership in a new China-led infrastructure bank, citing concerns it will fall short of international standards even as the rest of the world’s

Policy Address | Economy and Finance: Lawmakers request gov’t to control foreign labor quotas

Foreign labor policies have been once again debated at the Legislative Assembly (AL) plenary meeting. This is following requests from some lawmakers to implement  a temporary ban on imported labor

Policy Address | Economy and Finance: Interim review of gaming concessionaires this year

The Secretary for Economy and Finance, Lionel Leong, has confirmed that the gaming industry needs a “check-up” in order to allow for the assessment of casino operators’ performance over the

MICE sector set as priority for economic diversification

Lionel Leong unveiled his cabinet’s plans to diversify the local economy, emphasizing the need to boost the convention and exhibition sector first. This is in order to hopefully prevent MSAR’s

Broadway Macau partners with local SMEs

  Broadway Macau’s newest project under the Galaxy Entertainment Group (GEG), of which the grand opening is expected to be held on May 27, will feature a variety of outlets for

Zhongshan transforms itself, invests in regional cooperation

  With a pioneer scheme for yachts to travel freely between Macau and Zhongshan becoming a reality this July, the topic of improving cooperation between the two cities is heating up.

Sands Retail announces partnership with Planet J

The park will extend over 90,000 square feet, and will be the first permanent LARP theme park in Macau. “Set against the fantastical backdrop of the Magic Stone Kingdom, players

Gaming | Melco’s 2014 profit decreases

Melco International Development Limited has announced that its total profit in 2014 reached HKD1.49 billion, compared to the HKD1.60 billion profit recorded in the previous year. This represents a 6.8-percent

Prada Posts 28pct drop in profit

Prada SpA reported a 28 percent drop in full-year profit as fewer Chinese shoppers splurged on USD2,950 leather handbags and other luxury products. Net income in the year through January fell

Citic leads brokers rally as China seeks to further open markets

Citic Securities Co. jumped to a two-month high as brokerages advanced after China’s securities regulator said it will do more to open mainland financial markets. Citic rose 7 percent to HKD29

Corporate Bits: MGM management recognized with four awards

“To have our local management team recognized as being one of the best managed companies on the Exchange, alongside some of the most successful companies in the region, is a

Chinese amongst favorites to buy Portugal’s Novo Banco

Chinese companies that have applied to acquire Portugal’s Novo Banco (NB), which inherited the “healthy” assets of the beleaguered Banco Espírito Santo, are considered favorite’s for the deal, which may

Zhou says PBOC has room to act on growth slowdown

China’s central bank chief said that the nation’s growth rate has tumbled “a bit” too much and that policy makers have scope to respond, underscoring forecasts for further monetary easing

US reiterates rejection of China led bank as more nations join

  The U.S. stood firm on rejecting membership in a new China-led infrastructure bank, citing concerns it will fall short of international standards even as the rest of the world’s biggest

Payment requirement for some second homes lowered

The People’s Bank of China cut the minimum down payment to 40 percent from 60 percent for some people buying a second home before paying off an existing mortgage. The

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