Suncity chairman | VIPs irreplaceable, full-smoking ban to cause 16 pct drop

Although the closure of some VIP rooms in Macau was to be “expected,” the mass market will not be able to replace the VIP sector, according to Suncity Group owner

China fines Qualcomm record USD975M in anti-monopoly case

China fined chipmaker Qualcomm 6 billion yuan (USD975 million) in the biggest of a wave of anti-monopoly penalties that have rattled foreign companies. Qualcomm Inc. abused its dominance in wireless technology to

Corporate Bits | Ponte16 Macau 3D Museum Grand Opening in mid 2015

Located at Ponte 16 Resort in Macau, the approximately 18,000 square feet museum has over 150 photography points in six theme zones, offering visitors a chance to pose for interesting

Mozambique could adopt Chinese model of Special Economic Zones

Mozambique has the necessary conditions to successfully adopt the Chinese model of Special Economic Zones, which helped to boost the Chinese economy, according to researchers Fernanda Ilhéu and Hao Zhang. In

Angola | Credit to the economy remains sound

Lending to the economy has remained “solid” since the beginning of the year, despite budget restrictions, due to the economic diversification program, Angola’s Minister for the Economy said in Luanda.

Swiss leaks show deposit by ex-premier’s daughter

Li Xiaolin, daughter of a former Chinese premier known for his support of the bloody military crackdown on the 1989 democracy movement, held as much as USD2.48 million in a

What animal to worship this New Year?

Chinese folklorists say the animal symbol can be either a sheep or a goat but more likely goat, given the latter’s popularity as a farm animal among Han Chinese. The Chinese

Beijing finds sizable natural gas field in South China Sea 

China said it recent gas discovery in the politically volatile South China Sea could yield 100 billion cubic meters of natural gas, underlining Beijing’s determination to extract resources from waters

Hong Kong | Employer found guilty in Indonesian maid torture case

A Hong Kong woman who was accused of torturing her Indonesian maid in a case that sparked outrage for the scale of its brutality was convicted of a slew of

India | Upstart party wins big in Delhi, in blow for Modi

An upstart anti-corruption party has won a smashing victory in elections to install a state government in India’s capital, officials said yesterday, dealing a huge blow to Prime Minister Narendra

Malaysia | Top court upholds Anwar Ibrahim’s sodomy conviction

  Malaysia’s top court yesterday upheld opposition leader Anwar Ibrahim’s sodomy conviction and sentenced him to five years in prison, a verdict he slammed — while standing in the dock — as

SYRIA | Assad: We get messages from US-led coalition battling IS

Syria’s President Bashar Assad said in comments published yesterday that his government has been receiving general messages from the American military about airstrikes targeting the Islamic State group inside Syria but that there is no

Ukraine | Gov’t reports artillery attack on eastern town

Fighting in eastern Ukraine intensified yesterday ahead of much-anticipated peace talks, with both sides claiming significant advances and the government accusing the rebels of shelling a town far behind the front lines. The

France | Topless protesters converge on Strauss-Kahn trial

Disgraced former International Monetary Fund boss Dominique Strauss-Kahn told a French court yesterday that he was unaware that women who participated in orgies at luxury hotels in Paris and Washington

This Day in History: 1990 Freedom for Nelson Mandela

His release follows the relaxation of apartheid laws - including lifting the ban on leading black rights party the African National Congress (ANC) - by South African President FW de

Offbeat | Gaffe: Romania’s foreign ministry summons diplomat after rude notes

Romanian foreign ministry has summoned a diplomat to Bucharest after its embassy in Paris sent out invitations to a reception containing rude remarks about the guests. The embassy had emailed invitations

The Showdown at Sands | Thai fighter confident against Zou Shiming in March 7 title defense

  Zou Shiming is not the only boxer hoping to defend a nation’s pride with a pair of fists. His old acquaintance and upcoming opponent, International Box- ing Federation (IBF) flyweight titleholder

World Views: More stimulus isn’t the answer to China problems

Few buzz phrases scare economists more than “new paradigm.” If such things existed, Japan would still dominate the world economy, risk would have been eliminated from Wall Street, and the

Wednesday, February 11, 2015 – edition no. 2248

* Frank Stallone’s inaugural performance in Macau * SJM wants smoking rooms to continue * Paradise expands casinos as Chinese pack halls * HK woman guilty in maid torture case   DOWNLOAD

The Buzz | Russian car sales collapse by 24 pct in January

An industry group says the Russian car market, which was on the way to become Europe’s largest a few years ago, plunged by 24 percent in January. The Association of European

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