Legality of casinos accepting deposits in doubt

The lawmakers of the Second Standing Committee of the Legislative Assembly (AL) have expressed doubts about the legality of the gaming concessionaires accepting deposits from players in

Lawmakers alarmed at inspection powers

Inspection powers to be given to the Financial Services Bureau (DSF) by the new junket operations bill and the limits to the duty of concerned parties

Beijing closes 10% of subway stations to stem virus spread

Beijing yesterday closed around 10% of the stations in its vast subway system as an additional measure against the spread of coronavirus. The subway authority

Economy shrinks 4% under anti-virus controls

Hong Kong’s economy shrank by 4% compared with a year earlier in the quarter ending in March after the Chinese territory shut restaurants and other businesses to fight

North fires ballistic missile amid rising animosities

North Korea launched a ballistic missile toward its eastern waters yesterday, South Korean and Japanese officials said, days after North Korean leader Kim Jong Un vowed

Foreign reserves at record low, politics in crisis

Sri Lanka’s economy is in dire straits with its usable foreign reserves down to less than $50 million, the country’s finance minister said yesterday. Ali

Israel lashes out at Russia over Lavrov’s Nazism remarks

Israel lashed out at Russia over “unforgivable” comments by its foreign minister about Nazism and antisemitism — including claims that Adolf Hitler was Jewish. Israel, which

1981 Bobby Sands dies in prison

Hunger striker Bobby Sands has died in prison 66 days after first refusing to eat. The 27-year-old republican spent the last days of his life on a water bed

Starbucks reports record Q2 sales, enhances worker benefits

Starbuck's sales climbed to record levels in its fiscal second quarter, but its profits took a hit from climbing labor costs. And those costs

Melco with MGTO for ‘Spring Rejoice’ drone show

Melco Resorts & Entertainment has supported the Macao Government Tourism Office (MGTO)’s Light up Macao Drone Gala 2022 as one of the event’s partner entities to help deepen cross-sector integration

Sands Resorts Macao launches Mother’s Day treats

This coming Mother’s Day, Sands Resorts Macao is offering an array of celebratory menus and exclusive spa promotion to spoil all mothers.  A total of 11 signature restaurants

Diaz’s dynamism, flair energizing Liverpool’s quadruple bid

Villarreal 2, Liverpool 3 The January transfer market has often been cast as a place where desperate clubs trade in a bid to salvage their seasons.

As US poised to restrict abortion, other nations ease access

As women in the United States find themselves on the verge of possibly losing the constitutional right to abortion, courts in many other parts of the world

Asian shares slip ahead of Fed interest rate decision

Shares were mostly lower in Asia yesterday, with markets in China, Japan and some other markets still closed for holidays. Hong Kong and Seoul fell more than

History suggests US won’t be able to prevent a recession

With inflation surging to a new 40-year high and continuing to accelerate, the Fed is expected to lift interest rates by a half-percentage point at the end of

Thursday, May 5, 2022 – edition no. 4004

— SJM suffering cash bleed, reports Q1 losses of HKD1.3b * Domestic violence doubles to 81 cases in 2021 * GBA | Vaccine Transformation Center opens in Guangzhou * Tourism arrivals continued to

MGM revenue slumps in Q1 amid lockdowns in China

MGM China continues to face headwinds in the short term, with public health policies impacting customers’ ability to enter Macau, according to MGM Resorts’ CEO and president

New version of gaming bill still pending

Lawmaker Chan Chak Mo confirmed yesterday that the government had not yet delivered the updated version of the casino bill to his committee. Chan,

AL committee: Data on unemployment rate ‘lagging’

The government will be invited to meet with members of a parliamentary committee on resolving the intensifying unemployment issue in the city. Since the effects

Gov’t to reward elderly with coupons for jabs

Despite previous refusals to issue financial rewards for vaccination, the government announced yesterday that it will give coupons to seniors who receive vaccinations from this month.

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