Tuesday, July 15, 2014 – edition 2107

* Tourism master plan opens to int’l bidder * Gov’t slammed for lack of long term plan on public housing * Sautede accuses the Catholic Foundation and Gae * Germany at the top

Chui to present CE candidacy today

Chui Sai On will officially present his candidacy today for the Chief Executive Election. The CE chose appointed-lawmaker Vong Hin Fai to be his trustee again. Vong will submit Chui’s

Draghi seen delivering USD1 trillion to banks in ECB offer

Mario Draghi’s newest stimulus tool will hand banks more than 700 billion euros (USD950 billion) of cheap funding, economists say. The European Central Bank (ECB) has identified lending to companies

Man United clinches USD1.3b Adidas kit deal

Manchester United has secured the most lucrative kit deal in football, announcing that Adidas has agreed to pay USD1.3 billion over 10 years to take over the sponsorship from Nike. The

Corporate Bits | CEM elects new board of directors and executive committee

Mr Xu Kaicheng, a master degree holder, also holds an honorary doctorate from Macau University of Science and Technology. He joined Shanghai Petrochemical General Factory in 1973. He has held

Portuguese-language tourism under discussion in Luanda

From 23 to 25 July Luanda will host the first meeting on tourism in the Community of Portuguese-speaking Countries (CPLP), an initiative of the Association of Angolan Travel Agencies and

Brazil to announce sales of 25 aircraft to Chinese airlines

The Brazilian government is due Thursday to announce the sale of around 25 Embraer aircraft to Chinese airlines, during the official visit of the President of China, Xi Jinping, said

Beijing indicts US, British corporate investigators

British investigator Peter Humphrey and his wife Yingzeng Yu, a U.S. citizen, were charged in Shanghai’s No. 1 Intermediate People’s Court, the official Xinhua News Agency said. It said this

Samsung suspends Dongguan supplier over child labor

Samsung Electronics Co. said it has suspended business ties with a Chinese supplier that allegedly hired children. The South Korean company, which is the world’s biggest smartphone maker, said in its

Local governments pile on stimulus undeterred by debt

China’s regional governments are starting to pull out their own stimulus cards to shore up growth as central authorities limit aid for the economy. Northern Hebei province, whose 4.2 percent first-quarter

TV anchor held in anti-corruption drive

A prominent television presenter at China’s state broadcaster known for his nationalist commentary has been detained, in a sign that the country’s anti- corruption campaign is reaching deeper into the

JAPAN | Underground lab tackles nuclear waste issue

Reindeer farms and grazing Holstein cows dot a vast stretch of rolling green pasture here on Japan’s northern tip. Underground it’s a different story. Workers and scientists have carved a sprawling

CAMBODIA | Copter crash kills 2 military generals

Two generals who led the helicopter unit of Cambodia’s air force were killed in a crash yesterday, along with two pilots, police said. Defense Minister Tea Banh, who rushed to

NORTH KOREA | Testing weapons much more than in past

Another day, another defiant weapons test from North Korea. A day after launching two ballistic missiles from a base near the border with archrival South Korea, Pyongyang yesterday fired a barrage of

Philippines braces for floods from tropical storm

The Philippines was bracing for possible floods and landslides as a tropical storm continued to strengthen yesterday as it moved closer to the country’s eastern seaboard. Tropical Storm Rammasun was expected

USA | FBI cyber expert is ex-discount furniture salesman

In May, five Chinese Army intelligence officers were charged with stealing trade secrets from major manufacturers including U.S. Steel, Alcoa and Westinghouse. In June, a Russian man was charged with leading

TERRORISM | Fire destroys restaurant owned by suspect in Rochester, NY

A fire has destroyed an upstate New York restaurant owned by a Yemen-born man charged last month with plotting vengeance attacks against members of the U.S. military and the Muslim

Italy | Shipwrecked Concordia floated for tow to Genova

The shipwrecked Costa Concordia was successfully refloated yesterday in preparation to be towed away for scrapping, 30 months after it struck a reef and capsized, killing 32 people. Authorities expressed satisfaction

This Day in History : 2000 Police camera action violates human rights

Judge Peter Crawford ruled that the police letter sent to motorists caught on speed cameras required them to incriminate themselves and was therefore in breach of their human rights under

Offbeat | US family maintains hold on pit-spitting contest

When it comes to pit-spitting, it’s tough to beat the Krause family, who recently maintained their dominance in the 41st International Cherry Pit-Spitting Championship in southeastern Michigan. Brian Krause took top

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