Samsung’s profit hit by bigger iPhones, sinks 39 percent

Samsung Electronics Co. said its first quarter net profit plunged 39 percent as consumers switched to bigger iPhones, squeezing earnings from its mobile business to less than half what they were a

Hermes quarterly sales rise 19% as Japan leads growth

Revenue rose to 1.12 billion euros (USD1.2 billion), Paris-based Hermes said in a statement yesterday. A 15 percent gain in Japan boosted sales compared with a strong year-earlier quarter when the

Corporate Bits | Galaxy actively trains local team members

As of today, GEG has close to 20,000 team members of which 70% are locals. Since 2004, GEG has promoted 7,293 local team members which accounts for nearly 80% of

Booming film industry mines Web for oddball talent 

Yi Zhenxing’s movie career started by posting clips of himself online with a paper bag over his head commenting on computer games. The videos got lots of views so Yi, formerly

Hong Kong | Election rules fight starts with 47% poll support

Almost half of Hong Kong backs China’s terms for the city’s first leadership election, suggesting the government’s proposal may have broader support than pro-democracy lawmakers contend. In a survey of 1,167

Study | Babies born during pollution-light Olympics heavier

Women in the Chinese capital in the final stage of pregnancy during the 2008 Beijing Olympics — when officials strictly controlled air pollution — gave birth to heavier babies than

Indonesia | Gov’t confirms 8 executed for drug smuggling

Indonesia brushed aside last-minute appeals and executed eight people convicted of drug smuggling yesterday, although a Philippine woman was granted a stay of execution. Attorney General Muhammad Prasetyo confirmed at a news

Nepal | Quake toll tops 5,000 as aid reaches epicenter area

Aid reached a hilly district near the epicenter of Nepal’s earthquake for the first time yesterday, four days after the quake struck and as the death toll from the disaster passed the

USA | Baltimore streets once rocked by riots quiet under curfew

Baltimore streets previously rocked by riots were eerily quiet early yesterday as residents obeyed an all-night curfew enforced by 3,000 police and National Guardsmen. The curfew, which went into effect at

Obama, Abe declare progress, but no breakthrough, on trade

President Barack Obama acknowledged Tuesday (yesterday, Macau time) the challenge he faces winning U.S. congressional support for a major Asia-Pacific trade deal that has become a cornerstone of his second

Saudi Arabia | King names counterterrorism czar as new crown prince

The Saudi king yesterday removed his half-brother from the post of crown prince, replacing him with his nephew, and elevated his son to the position of deputy crown prince in the most

This Day in History: 1975 Saigon surrenders

The President, Duong Van Minh, who has been in office for just three days, made the announcement in a radio broadcast to the nation early this morning. He asked his

Offbeat: Large tourist hotel abruptly closes in Puerto Rico 

A large hotel in one of the main tourist districts of Puerto Rico has abruptly announced that it will close. Puerto Rico Hotel and Tourism Association President Miguel Vega says the

Thursday, April 30, 2015 – edition no. 2302

* Hong Kong election rules fight starts with 47pct poll support * Zhuhai mayor envisages borderless region * Wynn urges end to uncertainty * Chick Corea and Herbie Hancock in Macau   DOWNLOAD

Boxing | Big price, big expectations for Mayweather-Pacquiao pay TV

George Foreman was fighting Evander Holyfield for the heavyweight title, and anyone wanting to watch it in April 1991 had to plan ahead. It was the night boxing pay-­per-view was born.

UFC | Jon Jones stripped of title, suspended after arrest

Jon Jones has been stripped of his UFC light heavyweight title and suspended indefinitely following his arrest in New Mexico on a hit-and-­run that police say left a pregnant woman

HK Observer | (No) Room for improvement

of the key issues facing voters here is whether the reform package on electing the chief executive, as proffered by the government is the final version of Beijing’s definition of

The Buzz | EU officials seek major changes to face security challenges

European Union officials are seeking sweeping changes in bloc policies and practices to face new security risks arising from terrorism, organized crime and cybercrime. EU Commission Vice President Frans Timmermans said

World briefs

CHINA State-owned PetroChina Ltd., Asia’s biggest oil and gas producer, says its quarterly profit declined 82 percent from a year earlier due to a sharp decline in oil prices. MALDIVES The

UN says it will try to identify all Ebola cases by June

The World Health Organization says it aims to identify and isolate all new Ebola cases in West Africa by the end of May to stop the spread of the lethal

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