REX Global Entertainment Holdings (00164.HK), a Hong Kong-based company that mainly focuses on leisure, tourism and entertainment-related businesses, has entered into a new deal in relation to the acquisition of a stake in Russia’s Yota Devices. The...

Kazakhstan is an undisputed oil and gas giant, producing about 80 million tons of oil and natural-gas condensate every year. But now, the Central Asian nation has a new vision for the future: green economy. As early as...

Macau, which overtook the Las Vegas strip to become the world’s biggest gambling hub in 2006, has been experiencing year-on-year declines in casino gross gaming revenue (GGR) over the past 20 months. Against the backdrop of...

Alexander Kozlov started his diplomatic career in the old Soviet Union in 1988. Now, he is the newly appointed consul general to Hong Kong and he is on a special mission for Russia — reviving ties...

There have been frequent media references to China’s “One Belt, One Road” (OBOR) economic initiative, and it has become one of the top media buzzwords in China and abroad. OBOR, an idea coined by President Xi...

The Russian ruble, dubbed “the worst performing currency” last year, almost lost half of its value against US dollar in the past 12 months. As of Dec. 7, the ruble had fallen to 69 against US$1...

In 2009, Russia declared gambling illegal except in four (later expanded to five) integrated entertainment zones, including one near Vladivostok. Six years later, the Primorye gaming zone saw its first integrated casino resort, Tigre de Cristal,...

Contrary to industry forecasts that Russian recession will continue, President Vladimir Putin was quoted by Reuters last month saying that “Russia may have reached the peak of an economic crisis”. Last year Russia’s net capital outflow...

The 2008 financial crisis prompted investors to include alternative investment in their portfolio to diversify risk. As a platform for alternative investment, the art market is experiencing a new golden age previously thought impossible. According to the European Fine...

This is shaping up to be another banner year for art. Sales in the global art market hit a record €51 billion (HK$427 billion), according to this year’s European Fine Art Foundation Art Market Report. However,...

“Many people believe a beauty pageant is all about ‘beauty’, but I think intelligence carries more weight than beauty,” said Andrea Eng (伍慧芬), Canada’s first Chinese representative at a global pageant, Miss Universe in 1978. Never...

Nuclear was once seen as “technology of the past”, but currently there are 68 reactors under construction and as many as 322 nuclear reactors have been proposed for construction in the future. To date, there are...

The inaugural Eastern Economic Forum, attended by more than 1,000 investors from 24 countries including China in Vladivostok this month, shows the momentum of Russia’s pivot to Asia. China is an important strategic partner for Russia, with which...

Internet of Things (IoT), a terminology that describes objects interconnected through sensors, wireless networks and other technologies, is being touted as a game-changer for the future development of cities. By 2020, the number of connected things...

Overseas academic programs and internships have become popular in recent years, allowing students to experience different cultures and develop their cross-cultural competencies. There is an emerging generation of young “global nomads” who are eager to travel and...

In recent times, Vancouver has emerged as a popular destination for overseas property investors, especially those from mainland China. Nearly one-third of buyers in Vancouver had some connection to China, Dan Scarrow of real-estate company Macdonald...

Social entrepreneurship is seen as an innovative way to tackle social problems with so-called “social enterprises”. Since 2001, the Hong Kong government has set up a range of funds to support social entrepreneurship. Among these are...

As an academic year ends and a bunch of fresh graduates enter the job market in Hong Kong, there is a significant change in the attitude of the youth on the prospect of working in the...

As the rise of financial technology is being touted as a game-changer for the world’s financial industry, many cities are aspiring to become global FinTech hubs. Hong Kong is no exception. In March, the government announced...

Macau’s casino industry will see new projects coming on stream in the Cotai area even as gaming revenues in city have dropped for the eleventh straight month. Galaxy Entertainment, for instance, will launch its Galaxy Macau...