HONG KONG: WEEK IN REVIEW, 25May2013

Bye Bye Barry; H7N9 deadlier than we thought; Mr Tong bought the booze; Teleportation devices at Galaxy Macau?; Poor little dolphins; Rents fall for first time in years; Who’s right Goldman or Temasek?; Here’s what happened this week.

HONG KONG: BEFORE THE OPEN, 23May2013

TVB gets World Cup license; HKMEx scandal has new twists; Galaxy building a bigger Macau mousetrap; Glencore in Iran; Sinopec Engineering lists today; Here’s what you need to know before the open.

Galaxy to spend HK$60bn on casino expansion

From Bloomberg:

The company will spend the money on the third and fourth phases of Galaxy Macau, its flagship casino resort in Cotai that opened in May 2011, Chief Financial Officer Robert Drake said in an interview yesterday. Galaxy has said it will start construction of the two phases as early as the end of this year and begin operations gradually from 2016 through 2018.