SEVEN DIE AS TYPHOON KOPPU HITS CHINA news.xinhuanet.com
Seven people are dead and four are missing as typhoon Koppu hit south China. More than 100,000 residents had to be evacuated as torrential rain caused mudslides in Guangdong province. The typhoon has thus far resulted in an estimated economic loss of two billion yuan, according to the civil ministry. Houses in parts of the province were destroyed and a cargo ship ran aground in Zhuhai city’s harbor near Macau, spilling 50 tons of fuel into the sea.
PRESS DIGEST – HONG KONG ECONOMIC TIMES uk.biz.yahoo.com
Due to the rising prices of shares in gambling companies in Hong Kong, Wynn Macau is considering increasing its IPO fundraising target by 30-40% to HK$7.8 billion, according to an unnamed source.