Macau’s gaming revenue rose a stronger-than-expected 4.5% in February, as the world’s biggest gambling hub benefited from a Lunar New Year tourism boost.
Macau’s gaming revenue rose a stronger-than-expected 4.5% in February, as the world’s biggest gambling hub benefited from a Lunar New Year tourism boost.
A roulette wheel at the MGS Entertainment Show in Macau, China, on Tuesday, Nov. 14, 2023. Macau’s casinos have largely stayed on a recovery path this year, with the city’s gaming revenue returning to 74% of pre-pandemic levels last month as tourists flocked to the hub during China’s Golden Week holiday. Photographer: Eduardo Leal/Bloomberg
CK Hutchison Holdings Ltd. has warned A.P. Moller-Maersk A/S of legal action should the Nordic company’s terminal unit try to take over operations at two ports near Panama’s strategic canal.
CK Hutchison Holdings Ltd. has warned A.P. Moller-Maersk A/S of legal action should the Nordic company’s terminal unit try to take over operations at two ports near Panama’s strategic canal.
The Port of Balboa at the Pacific entrance of the Panama Canal in Panama City, Panama. Photographer: Walter Hurtado/Bloomberg
When President Donald Trump called for the US to retake control of the Panama Canal during his inauguration speech last year, falsely claiming that the waterway is being operated by China, it set off a chain of events that landed Hong Kong tycoon Li Ka-shing in the middle of a proxy battle between two superpowers.
When President Donald Trump called for the US to retake control of the Panama Canal during his inauguration speech last year, falsely claiming that the waterway is being operated by China, it set off a chain of events that landed Hong Kong tycoon Li Ka-shing in the middle of a proxy battle between two superpowers.
The Port of Balboa at the Pacific entrance of the Panama Canal.
China is asking state firms to halt talks over new projects in Panama, as part of Beijing’s broader retaliation after the Central American country voided CK Hutchison Holdings Ltd.’s contract to operate two ports along its strategic canal, according to people familiar with the matter.
China is asking state firms to halt talks over new projects in Panama, as part of Beijing’s broader retaliation after the Central American country voided CK Hutchison Holdings Ltd.’s contract to operate two ports along its strategic canal, according to people familiar with the matter.
Containers and cranes at the Port of Balboa at the Pacific entrance of the Panama Canal in Panama City, Panama, on Tuesday, Feb. 25, 2025. Panama is considering canceling its contract with Hutchison Ports PPC, a Hong Kong-based company that operates ports near the Panama Canal, to defuse President Donald Trump's threats about countering China's influence.
A pro-Beijing newspaper has slammed a decision by Panama’s top court to void CK Hutchison Holdings Ltd.’s contract to operate two ports, accusing the ruling of kowtowing to US pressure and urging Hong Kong businesses to halt investment in the region.
A pro-Beijing newspaper has slammed a decision by Panama’s top court to void CK Hutchison Holdings Ltd.’s contract to operate two ports, accusing the ruling of kowtowing to US pressure and urging Hong Kong businesses to halt investment in the region.
Cheung Kong Center building, which houses the headquarters of CK Hutchison Holdings Ltd. and CK Asset Holdings Ltd., center, in Hong Kong, China, on Friday, July 4, 2025. Hong Kong authorities intervened for the third time in a week to support the currency, which had dropped toward the weak end of its official trading band as the city’s interest rates touched a three-year low.
Macau’s gaming revenue rose 24% in January, beating analyst estimates as casinos in the world’s biggest gambling hub continued to rely on perks like free concert tickets and entertainment offerings to lure high-spending travelers.
Macau’s gaming revenue rose 24% in January, beating analyst estimates as casinos in the world’s biggest gambling hub continued to rely on perks like free concert tickets and entertainment offerings to lure high-spending travelers.
Panama’s top court has ruled that the contract granted to Li Ka-shing’s CK Hutchison Holdings Ltd. to operate two ports near the Panama canal is unconstitutional, delivering a win for Donald Trump’s drive to rein in China’s control of strategic infrastructure in Latin America.
Panama’s top court has ruled that the contract granted to Li Ka-shing’s CK Hutchison Holdings Ltd. to operate two ports near the Panama canal is unconstitutional, delivering a win for Donald Trump’s drive to rein in China’s control of strategic infrastructure in Latin America.
The Port of Balboa at the Pacific entrance of the Panama Canal in Panama.
Las Vegas Sands Corp.’s local unit Sands China Ltd. fell as much as 9.8% in Hong Kong on Thursday, the biggest drop since last April, after weaker-than-expected profit in Macau sent the parent’s US shares down 10% in extended trading.
Las Vegas Sands Corp.’s local unit Sands China Ltd. fell as much as 9.8% in Hong Kong on Thursday, the biggest drop since last April, after weaker-than-expected profit in Macau sent the parent’s US shares down 10% in extended trading.
New World Development Co. is racing to offload at least one asset by the end of June to meet its self‑imposed HK$27 billion ($3.5 billion) sales target and generate positive cash flow, according to people familiar with the matter.
New World Development Co. is racing to offload at least one asset by the end of June to meet its self‑imposed HK$27 billion ($3.5 billion) sales target and generate positive cash flow, according to people familiar with the matter.
Macau’s gaming revenue rose 14.8% in December, missing analyst expectations, in a sign that growth in the world’s biggest gambling hub might have lost some steam.
Macau’s gaming revenue rose 14.8% in December, missing analyst expectations, in a sign that growth in the world’s biggest gambling hub might have lost some steam.
Macau’s gaming revenue rose 14.4% in November, exceeding analysts’ expectation as the world’s biggest gambling hub continues to draw big bettors with perks and events.
Macau’s gaming revenue rose 14.4% in November, exceeding analysts’ expectation as the world’s biggest gambling hub continues to draw big bettors with perks and events.
Hong Kong tycoon Henry Cheng is seeking buyers for properties in the family’s luxury Rosewood Hotel Group as the billionaire clan races to overcome liquidity challenges connected to its real estate unit New World Development Co.
Hong Kong tycoon Henry Cheng is seeking buyers for properties in the family’s luxury Rosewood Hotel Group as the billionaire clan races to overcome liquidity challenges connected to its real estate unit New World Development Co.
The Rosewood Hotel in Hong Kong. Photographer: Paul Yeung/Bloomberg
Hong Kong declared three days of mourning on Saturday for victims of the city’s deadliest fire in nearly eight decades.
John Lee, center, and other government officials observe three minutes of silence to mourn victims of the Wang Fuk Court residential estate fire at the Central government offices in Hong Kong on Nov. 29. Photographer: Peter Parks/AFP/Getty Images
Swire Group is laying off roughly 10% of employees at its Hong Kong head office, according to people familiar with the matter, as the British conglomerate seeks to streamline operations amid China’s economic slowdown.
Swire Group is laying off roughly 10% of employees at its Hong Kong head office, according to people familiar with the matter, as the British conglomerate seeks to streamline operations amid China’s economic slowdown.
Signage for Swire Pacific Ltd. Photographer: Paul Yeung/Bloomberg
Anmelden
