CE meets Fujian leaders for cooperation in ‘Belt and Road’

The Chief Executive Chui Sai On led a delegation to Fuzhou city yesterday to attend a high-level meeting with Fujian’s provincial leaders. Before departing, Chui said that the meeting would

Chui announces more reshuffles for top public posts

Chief Executive Fernando Chui has disclosed that the public offices will see more personnel changes at the leadership level in the following two months. Besides, he also expressed his personal

Gaming | Iao Kun enters into MoU for junket operation in Australian casinos

Iao Kun Group Holding Company Limited (IKGH) yesterday announced that it has entered into a non-binding memorandum of understanding to acquire all of the profit interests of Mr Lou Kan

Korean executive gambles company money – again

The head of South Korea’s third-largest steel maker will be summoned later this week over the alleged embezzlement of company funds, prosecutors said yesterday. Chang Sae-joo, the chairman of Dongkuk Steel,

Mainland, foreign film producers sign deals worth USD2.3b

Chinese and foreign film producers, companies and investment firms signed movie cooperation deals worth 13.8 billion RMB (USD2.3 billion) yesterday, demonstrating how foreign movie makers increasingly want a piece of

China steps up economy help with reduced bank reserve ratios

The reserve-requirement ratio was lowered 1 percentage point yesterday, the People’s Bank of China said. While that was the second reduction this year, the new level of 18.5 percent is

Corporate Bits | Three-star Michelin guest chef Thomas Bühner at Vida Rica

Chef Bühner is famous for his “three-dimensional aromatic cuisine”, an emphasis on the individual product’s natural flavors, a special penchant for low-temperature cooking and a harmonious balance of flavors and

Mozambican graphite finds market in China

A recent analysis of samples collected in Mozambique by Australia’s Triton Minerals concluded that the graphite concentrate can be used to manufacture batteries, specialty products, steel and refractories, lubricants for

Guangdong offers opportunity for entrepreneurs from Portuguese-speaking countries

The assistant secretary-general the Permanent Office of Macau Forum advocated for a greater business relationship between Guangdong Province and the Portuguese-speaking countries. Echo Chan said in an interview with daily newspaper

Global, mainland automakers debut new models 

Ford showed off its new Taurus and Nissan unveiled a midsize sedan and a SUV designed for China yesterday at a Shanghai Auto Show that highlighted rising competition from lower-priced Chinese

Shanghai car show bans skimpily clad showgirls 

The Shanghai Auto Show banned female models and automakers responded with dancers and fresh-faced young women holding tablet computers. Organizers of China’s biggest auto show announced in February that models in slinky dresses

Xi in Pakistan to unveil USD45B in investments 

Chinese President Xi Jinping arrived in Pakistan yesterday for a two-day visit in which he is expected to announce USD45 billion worth of investment projects in energy and infrastructure development. Prime

Taiwan | 1 dead from fire sparked by quake off south Japan

A strong undersea earthquake struck between Taiwan and southern Japan yesterday, sparking a house fire that killed a person outside of Taiwan’s capital and causing Japanese authorities to evacuate some

More than 100,000 officials caught in austerity push

The party’s Central Commission for Discipline Inspection said in its monthly report that 5,340 officials were reprimanded in December 2014, the most recent month studied. That pushed the two-year total

Australia | 5 asylum seekers on Nauru set to go to Cambodia

Five asylum seekers from Sri Lanka, Myanmar and Iran have agreed to be among the first to leave the Pacific island nation of Nauru for Cambodia under a deal that

Authorities seize 4 tons of elephant tusks in biggest ever bust

Thailand seized 4 tons of ivory hidden in bean sacks tracked from Congo in what authorities said was the biggest bust in the country’s history, customs officials said yesterday. The 739

India | Van and 3-wheeled vehicle collide; 5 students dead

Villagers who took the injured students, including three in critical condition, to a nearby government hospital in Bihar state became incensed when they discovered no doctors were present. About 100

Philippines | Manila starts South China Sea War games with US

More than 11,000 soldiers from the Philippines, U.S. and Australia will take part in joint drills in the South China Sea, as the Philippines’ military chief called China’s building work

South Korea | Gov’t ready to begin work to salvage sunken ferry

South Korea’s oceans ministry said yesterday that it was ready to start work to salvage a ferry that sank last year, killing more than 300 people, and that the operation

Somalia | Al-Shabab bombs UN van, 4 UNICEF workers killed

A bomb exploded yesterday on a van carrying U.N. employees in northern Somalia, killing at least seven people and wounding several others, police and U.N. officials said. Al-Shabab claimed responsibility

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