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      Macau

      • Wednesday, 22 September, 2021
        News in-depthGambling industry
        Macau casino operators fear end of winning streak with new gaming law

        Proposals could force operators to become ‘more Chinese’ as Beijing cracks down on capital outflow

        An aerial view of the Galaxy casino, owned by Galaxy Entertainment, and the Venetian and Parisian casinos, owned by Las Vegas Sands, in Cotai, Macau
      • Wednesday, 15 September, 2021
        Gambling industry
        Casino stocks shed $20bn as Macau government seeks greater oversight

        Operators in world’s biggest gambling hub suffer worst day ever as authorities review gaming law

        People wearing protective masks walk in front of Casino Lisboa, operated by SJM Holdings, in Macau
      • Wednesday, 15 September, 2021
        Lex
        Casinos/Macau: it is time to take the chips off the table? Premium?content

        Restricting the number of licences is most worrying part of Beijing’s latest crackdown

        The Casino Lisboa in Macau
      • Monday, 3 May, 2021
        Business InsightTom Mitchell
        Ho casino empire starts to emerge from shadow of late patriarch

        Launch of Grand Lisboa Palace integrated resort signals new direction for SJM group

        SJM’s current flagship casino, the Grand Lisboa
      • Tuesday, 26 May, 2020
        ObituaryStanley Ho
        Stanley Ho, Macau gambling tycoon, 1921-2020?

        Swashbuckling businessman established China’s modern casino industry

      • Tuesday, 4 February, 2020
        Lex
        Coronavirus/casinos:?busted flush Premium?content

        If the outbreak lasts anywhere as long as Sars, the industry’s business model could come undone

        Visitors wearing face masks inside the Venetian casino hotel resort in Macau on January 22.?Macau is shutting its casino industry for two weeks in an attempt to counter the spread of coronavirus
      • Tuesday, 4 February, 2020
        Coronavirus
        Hong Kong confirms first coronavirus death as Macau closes casinos

        Man is second fatality outside mainland China as Beijing says infections exceed 20,000

        MACAU, CHINA - JANUARY 28: People wearing face masks walk in front of the Grand Lisboa Hotel on January 28, 2020 in Macau, China. The number of cases of a deadly new coronavirus rose to over 4000 in mainland China Tuesday as health officials locked down the city of Wuhan last week in an effort to contain the spread of the pneumonia-like disease which medicals experts have confirmed can be passed from human to human. In an unprecedented move, Chinese authorities put travel restrictions on the city which is the epicentre of the virus and neighbouring municipalities affecting tens of millions of people. At least six people have reportedly contracted the virus in Macau. The number of those who have died from the virus in China climbed to over 100 on Tuesday and cases have been reported in other countries including the United States, Canada, Australia, France, Thailand, Japan, Taiwan and South Korea. (Photo by Anthony Kwan/Getty Images)
      • Friday, 31 January, 2020
        China’s coronavirus crisis empties Macau’s mega casinos

        US operators Wynn, MGM and Sands hit as visitors vanish from world’s biggest gambling hub

      • Sunday, 15 December, 2019
        News in-depthThe Big Read
        Macau: lessons for Hong Kong from Beijing’s ‘good student’

        There is growing anger over inequality in the former Portuguese colony, so why are the people not protesting?

        Number twenty is projected on ruins of St. Paul's during a light show ahead of the 20th anniversary of the former Portuguese enclave's handover to Chinese rule, in Macau, China December 4, 2019. Picture taken December 4, 2019. REUTERS/Stringer ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. CHINA OUT.
      • Thursday, 21 November, 2019
        Mental health
        Political unrest adds to strains facing workers of Hong Kong

        Employees already contend with long working hours and cramped living conditions

        FILE PHOTO: A commuter walks on Gloucester Road, closed to traffic, near the Central Government Offices in Hong Kong, China, on Tuesday, Oct. 7, 2014. Hong Kong's protest leaders held a second round of talks with government officials, easing tensions in the streets as the city began to assess the impact of almost two weeks of demonstrations. Photographer: Brent Lewin/Bloomberg
      • Sunday, 25 August, 2019
        Hong Kong politics
        Hong Kong police deploy water cannons for first time in protests

        Tension returns to the financial centre after a lull in violent clashes??

        HONG KONG, CHINA - AUGUST 25: Protesters clash with police after a rally in Tsuen Wan on August 25, 2019 in Hong Kong, China. Pro-democracy protesters have continued rallies on the streets of Hong Kong against a controversial extradition bill since 9th of June as the city plunged into crisis after waves of demonstrations and several violent clashes. Hong Kong's Chief Executive Carrie Lam apologized for introducing the bill and declared it "dead", however protesters have continued to draw large crowds with demands for Lam's resignation and completely withdraw the bill. (Photo by Billy H.C. Kwok/Getty Images)
      • Monday, 19 August, 2019
        News in-depthThe Big Read
        HSBC: Chinese headwinds threaten to blow bank off course

        To expand, it must overcome local rivals, trade tensions and Beijing’s irritation over its role in the Huawei dispute

      • Wednesday, 7 August, 2019
        Asia-Pacific companies
        Businesses in Hong Kong count cost of protests

        InterContinental and Cathay Pacific feel strain as crisis deepens

        In this Monday, Aug. 5, 2019, photo, protesters wearing black shirt, right, fight with a group of men wielding wooden poles on a street during the anti-extradition bill protest at a neighborhood in Hong Kong. China warned Tuesday, Aug. 6 that it will be "only a matter of time" before it punishes those behind two months of pro-democracy protests in Hong Kong that have increasingly devolved into violent clashes with law enforcement. (AP Photo)
      • Friday, 26 July, 2019
        World Trade Organization
        Donald Trump hits out at WTO developing economy designations

        US president seeks changes at body over ‘flexibilities’ he says aid countries like China

        (FILES) This file photo taken on April 12, 2018, shows the World Trade Organization (WTO) headquarters in Geneva. - US President Donald Trump on July 26, 2019, threatened to withdraw recognition of the special "developing nation" status of China and other relatively rich countries in the World Trade Organization unless changes are made. The global trade body uses "an outdated dichotomy between developed and developing countries that has allowed some WTO members to gain unfair advantages," Trump said in a statement. (Photo by Fabrice COFFRINI / AFP)FABRICE COFFRINI/AFP/Getty Images
      • Monday, 22 July, 2019
        Hong Kong politics
        Hong Kong police under fire after ‘triads’ beat protesters

        Force says it was too stretched to quell attack by alleged gang members in metro?

        HONG KONG, HONG KONG - JULY 21: Police move forward through tear gas as they clash with protesters after an anti-extradition bill march on July 21, 2019 in Hong Kong, China. Pro-democracy protesters have continued weekly rallies on the streets of Hong Kong against a controversial extradition bill since June 9, as the city plunged into crisis after waves of demonstrations and several violent clashes. Hong Kong's Chief Executive Carrie Lam apologized for introducing the bill and recently declared it "dead", however protesters have continued to draw large crowds with demands for Lam's resignation and completely withdraw the bill. (Photo by Chris McGrath/Getty Images)
      • Sunday, 14 July, 2019
        Hong Kong politics
        Hong Kong chief Carrie Lam offered to step down over protests

        Beijing has refused to accept resignation from territory’s leader despite political crisis

      • Tuesday, 2 July, 2019
        Hong Kong politics
        Hong Kong mayhem sparks wave of anger in Beijing

        China expected to tighten grip as state media and officials condemn protesters

        Demonstrators ram a metal cart into a glass door at the Legislative Council building during a protest in Hong Kong, China, on Monday, July 1, 2019. Hong Kong's chief executive condemned protesters who occupied and ransacked the city's legislative chamber on Monday in an escalation of demonstrations against the China-appointed government, prompting police to fire tear gas to clear the area. Photographer: Eduardo Leal/Bloomberg
      • Tuesday, 2 July, 2019
        Hong Kong politics
        Beijing slams HK protest at legislature as a ‘blatant challenge’

        China accuses foreigners of fomenting unrest after demonstrators storm parliament

      • Friday, 28 June, 2019
        Mergers & Acquisitions
        Richard Li’s FWD Group acquiring an Asian insurance empire

        Hong Kong-based company aims to compete with AIA and Prudential after rapid rollout

        File picture shows PCCW Chairman Li speaking at forum during third day of ITU Telecom World 2006 in Hong Kong...PCCW Chairman Richard Li speaks at a forum during the third day of International Telecommunication Union (ITU) Telecom World 2006 in Hong Kong in this file picture taken December 6, 2006. Hong Kong dealmaker Li, scion of one of Asia's biggest business dynasties, was probably hoping for a quiet exit from a dot-com empire that never quite panned out the way he envisioned. But recent allegations of vote buying and scrutiny by the territory's securities watchdog have complicated his plans to take PCCW, Hong Kong's dominant fixed-line telephone company, private. Li, the second son of Hong Kong's wealthiest tycoon Li Ka-Shing, is offering shareholders HK$4.50 a share, or $2.2 billion, to take his company private, a move many see as a prelude to his eventual sale of the company. Picture taken December 6, 2006. REUTERS/Paul Yeung/Files (CHINA)
      • Tuesday, 25 June, 2019
        Chinese business & finance
        China to issue first offshore government bond in Macau
      • Friday, 31 May, 2019
        LexGambling industry
        Macau casinos: upping stakes Premium?content

        Deal looks like a winning bet for both sides

        A ball sits on a roulette wheel at the Global Gaming Expo Asia (G2E Asia) in Macau, China, on Tuesday, May 21, 2019. The expo runs through May 23. Photographer: Paul Yeung/Bloomberg
      • Wednesday, 1 May, 2019
        Travel & leisure industry
        Macau gambling revenue falls at fastest pace in 3 years
      • Monday, 1 April, 2019
        US companies
        Investors up bets on casino stocks as Macau gaming revenues top view
      • Friday, 15 March, 2019
        SJM Holdings Ltd
        Macau extends casino licences for SJM and MGM China to 2022

        Casino operators’ shares rise after regulatory uncertainty removed?

      • Thursday, 7 February, 2019
        Melco International Development Ltd
        China slowdown weighs on Macau’s roulette tables

        Melco’s Lawrence Ho warns growth for world’s biggest gaming hub will fall into single digits

        Lawrence Ho, chief executive of Melco International, said signs of softness in the Macau casino market were visible in 2018
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