Citi predicts 20 pct drop in November

Total daily GGR run rate over last week equated to MOP760m per day, lower than the daily run rate of MOP846m/day in the first nine days of November. The research house

4G mobile services to be ready next year

The new Fourth Generation (4G) mobile network can be built in as soon as six months, whereas 4G data services are expected to be provided only by the fourth quarter

Lawmakers call for revision on public work tendering guidelines

Lawmakers requested that the government should introduce penalties and assessment criteria to the tendering for public works, as several construction delays have resulted in low execution rates of the public

ANZ suspends 7 traders as regulator reviews swaps rates

Australia & New Zealand Banking Group Ltd. (ANZ) suspended seven traders amid an investigation by regulators into whether market participants tried to influence Australia’s benchmark interest rates. ANZ’s internal review and

VW to raise Chinese capacity to more than 4m cars

Volkswagen will expand carmaking in China more than planned as the German manufacturer tries to keep pace with growth in its largest market. Volkswagen will raise its Chinese plant capacity to

Corporate Bits | Revel to use new name under Brookfield ownership

The bankruptcy court in Camden, New Jersey, approved a USD110 million sale to Brookfield on Oct. 7. The sale has yet to be completed, Revel said in a court filing. In

Angola Gov’t facilitates lending to entrepreneurs

Bureaucratic constraints on the financing of investment projects in Angola are being overcome with the approval of several orders that allow easier access to loans, Angola’s Minister for the Economy

Cape Verde to issue new banknotes

A new issue of banknotes approved by the government of Cape Verde is expected to go into circulation later this year, according to pan-African news agency Panapress. The issue consists of

Beijing plans to slow energy consumption increase to 28pct by 2020

China, a week after unveiling an accord aimed at limiting carbon emissions, plans to cap the increasing rate at which it consumes energy to 28 percent for the seven-year period

More ‘Ghost Train’ than ‘Through Train’ as Shanghai stock link flows plunge

The flood of buy orders for Shanghai shares through the Hong Kong exchange link has slowed to a trickle two days after the program’s debut. Net purchases of mainland equities by

Hong Kong | Bailiffs to move on Mong Kok protest sites after Admiralty clash

Hong Kong will seek to remove barricades erected by pro-democracy protesters in the Mong Kok district as early as tomorrow, amid signs of escalating tension after some demonstrators broke into

Censors block websites as Internet meeting begins

Chinese censors have newly blocked access to several popular websites as they target content delivery networks that serve much of the Internet, according to a U.S. Internet service company. The action

India | Bodies of 4 women found after police raid guru’s ashram

The bodies of four women were found inside an Indian guru’s heavily fortified ashram, police said yesterday, a day after security forces tried to storm the sprawling complex and arrest

Thailand | Protesters flash ‘Hunger Games’ sign at PM

Five Thai university students were detained yesterday after giving a three-fingered salute inspired by “The Hunger Games” to the army-backed prime minister in a daring protest against the country’s military

Indonesia | Jakarta gets a Christian governor

The first Christian governor of the Indonesian capital in 50 years was sworn in yesterday despite loud protests from Islamic hard-liners who insisted Jakarta’s top political job go to a

North Korea | UN human rights probe against Kim Jon Un moves ahead

The world’s boldest effort yet to hold North Korea and leader Kim Jong Un accountable for alleged crimes against humanity moved forward Tuesday at the United Nations, where a Pyongyang

Islamic State | 2nd French militant seen in beheading video

A second French militant has been identified in the video showing a beheaded American aid worker and the deaths of Syrian soldiers, France’s president said yesterday, calling for vigilance on

Cuba | Doctor catches Ebola in Sierra Leone

A member of the 165-member medical team Cuba sent to fight Ebola in Sierra Leone has been diagnosed with the disease, according to state media. Dr. Felix Baez Sarria is being

Italy | Mobsters take secret oath in police video

Recruits for Italy’s ‘ndrangheta crime syndicate have been caught on video taking a loyalty oath, swearing “under the splendor of the moon,” in a ceremony secretly recorded by police in

This Day in History: 1975 – Spanish dictator Franco dies

General Francisco Franco, who ruled Spain with an authoritarian hand for 39 years, has died at the age of 82. He had been ill for five weeks and died early this

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