Wynn Macau falls on earnings, delayed opening of Cotai resort

Wynn Macau Ltd. dropped in Hong Kong trading yesterday after the company’s earnings missed estimates and said its new casino resort in the city would be delayed. The Macau casino operator

Sai Van cobblestone road to be repaired

Macau prison | Unknown schedule for new prison’s completion

The new facility, located in Ka Ho – which will expand the current prison’s capacity of 1,500 inmates up to over 2,700 – started construction in August 2010, and was

Environment | Residents told power station emission levels meet guidelines

People living in the neighborhood have been rasing concerns about the black smoke being discharged by CEM’s Coloane A Power Station. The residents worry about the effect of the pollutants

Firefighters rescue illegal immigrant from Canal dos Patos

A man who allegedly attempted an illegal crossing from Zhuhai into Macau on Tuesday night has been rescued by firefighters from  the Canal dos Patos (the Duck Canal). Information from the

Chinese tycoon in deal to buy Waldorf says ‘ni hao’ at Harvard

Little known before last year’s deal for the landmark property, Anbang Insurance Group Co. has transactions pending in Europe, Asia, Oceania and Africa, Chairman and Chief Executive Wu said in

Toyota agrees to pay USD200m to China dealers, group says

The payments to dealers for FAW-Toyota will be made in three installments, according to Song Tao, a deputy secretary general of the China Automobile Dealers Association. The payout represents about

Corporate Bits | CEM invites media to visit Coloane power station regarding recent smoke appearance

In response to recent media enquiries on the appearance of black smoke at the Coloane A Power Station (CCA), CEM invited the media to visit the Power Station yesterday and

IMF questions sustainability of Portuguese public debt

The International Monetary Fund (IMF) questioned the sustainability of Portuguese public debt, in the face of economic weakening and relaxation of the deficit in the first post-program monitoring report, issued

Angola | Urban renewal process in two Luanda neighborhoods starts

The government of Angola will start a special program for the conversion and urban renewal of the neighbourhoods of Sambizanga and Operário in the center of Luanda, which will require

Beijing tightens rules on Internet use, online comments 

  China announced yesterday that users of blogs and chat rooms will be required to register their names with operators and promise in writing to avoid challenging the communist political system, further

Gov’t moves to boost lending, reverse slowdown 

China yesterday cut the minimum level of reserves its banks are required to hold in a new move to reverse a deepening economic slowdown. The reduction will make more money available for

Taiwan | Crashed plane hoisted from river; 25 confirmed dead 

  Rescuers used a crane to hoist a wrecked TransAsia Airways plane from a shallow river in Taiwan’s capital late yesterday as they searched into the night for 18 people missing in

North Korea | Regime rules out any talks with US ‘gangster’ state

North Korea said it won’t agree to talks with the U.S. and is now focused on its ability to destroy the country with conventional, nuclear and cyber-warfare attacks. Kim Jong Un’s

Kim Jong Un executes army general in latest purge of officials

General Pyon In Son, head of operations in the Korean People’s Army, was killed for expressing an opinion different to that of Kim, a South Korean official told reporters in

Bangladesh | Police say ex-PM instigated deadly firebombing 

  Police yesterday accused Bangladesh’s former prime minister and an opposition alliance leader of instigating a bus firebombing that killed seven people and injured 16 others as political violence is surging in the

Australia | Abbott backed by Cabinet as lawmakers publicly break ranks

Treasurer Joe Hockey and Finance Minister Mathias Cormann both publicly backed Abbott yesterday, a day after Foreign Minister Julie Bishop issued a statement saying she wasn’t campaigning for Australia’s top job. “The

ISIS TERRORISM | Jordan executes 2 al-Qaida prisoners after IS kills pilot

  Jordan executed two al-Qaida prisoners before dawn yesterday, just hours after an online video purported to show Islamic State group militants burning a captured Jordanian pilot to death in a cage. The

Argentina | Prosecutor considered call for president’s arrest

  Investigators examining the death of a prosecutor who accused Argentine President Cristina Fernandez of agreeing to shield the alleged masterminds of a 1994 terror bombing said Tuesday (early yesterday, Macau

This Day in History: 1982 Laker Airways goes bust

After a four-hour board meeting at London’s Gatwick Airport, company chairman Sir Freddie Laker asked Clydesdale Bank to appoint a receiver. All 17 Laker aircraft have been ordered to return to

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