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  • LAS VEGAS— Macau couldn't bring the Las Vegas Sands' spirits down. "The new Macau is a little different than the old Macau, but still a wonderful Macau," said Robert Goldstein, Las Vegas Sands president and chief operating officer during the call. Las Vegas Sands reported higher fourth-quarter net income of $721.3 million and annual profit of $2.84 billion.

  • LAS VEGAS— Las Vegas Sands CEO Sheldon Adelson will take the same title at his company's subsidiary in Macau, Asia's gambling mecca near Hong Kong. Las Vegas Sands owns the Venetian and Palazzo on the Las Vegas Strip, as well as properties in Macau and Singapore. Las Vegas Sands President Robert Goldstein has been appointed interim president of Sands China.

  • Shanghai, Seoul underperform in Fed-inspired rally Thursday, 18 Dec 2014 | 5:24 AM ET
    A board of stock indicators shows upward momentum on the floor of the New York Stock Exchange.

    Asian equities mostly rose on Thursday, with the exception of Seoul, as investors took heart from a turn in oil prices and after the Federal Reserve said it was confident in the U.S. economy.

  • SHANGHAI, Nov 5- Shares in Hong Kong fell on Wednesday on signs that China's economy continued to lose momentum heading into the fourth quarter, and as slumping revenues hit Macau casino shares. A series of official and private surveys in recent days have highlighted the risks to China's economy, putting Beijing's official 7.5 percent growth target for the year...

  • SHANGHAI, Nov 5- China shares fell on Wednesday due to profit-taking, but energy-related shares limited falls after the country's power authority said work had started on an ultra-high voltage power project. "The index is adjusting, it faces profit-taking pressures," said Wang Weijun, analyst at Zheshang Securities in Shanghai, adding the index was expected to...

  • *China encourages infrastructure firms to invest overseas. SHANGHAI, Nov 4- China shares were flat on Tuesday morning after a five-day rally as profit taking capped gains in engineering and machinery companies, which rose after Beijing encouraged infrastructure firms to invest abroad. Shares in infrastructure firms were the biggest gainers, with market...

  • HONG KONG, Nov 4- October was the worst month on record for casino revenues in the world's biggest gambling hub Macau as China's pervasive war on corruption, combined with fewer tourists and slowing economic growth, dampen the appetite to wager. October was also the fifth consecutive month of declines after two years of rapid growth which saw Macau surpass Las...

  • HONG KONG, Nov 3- October is set to be the worst month on record for casino revenues in the world's biggest gambling hub Macau as China's pervasive war on corruption, combined with fewer tourists and slowing economic growth, dampen the appetite to wager. October would also be the fifth consecutive month of declines after two years of rapid growth which saw Macau...

  • October is set to be the worst month on record for casino revenues in Macau as a result of China's war on corruption and slowing economic growth.

  • HONG KONG, Nov 3- October is set to be the worst month on record for casino revenues in the world's biggest gambling hub Macau as China's pervasive war on corruption, combined with fewer tourists and slowing economic growth, dampen the appetite to wager. October would also be the fifth consecutive month of declines after two years of rapid growth which saw Macau...

  • *Hong Kong indexes head for best month since July. *Mengniu rises after Danone's investment in Yashili. HONG KONG, Oct 31- Shares in Hong Kong and mainland China markets rose on Friday, helped by strength in most heavyweight stocks as investors bet that China's government will roll out more support measures for the economy.

  • Steve Wynn dogged by major pullback in China Wednesday, 29 Oct 2014 | 1:57 PM ET
    Wynn Resorts Chairman and CEO Steve Wynn.

    Steve Wynn can't predict when gambling trends will improve in Macau. Investors should beware betting on a bounce in his company's stock.

  • Hong Kong shares gain on Fed hopes, casino stocks jump Wednesday, 29 Oct 2014 | 4:07 AM ET

    HONG KONG, Oct 29- Hong Kong shares rose, tracking strength in China markets, on anticipation the Federal Reserve later on Wednesday will reinforce signals that it could be a long time before U.S. interest rates rise. The Hang Seng Index unofficially closed up 1.3 percent at 23,819.87 points in its highest close since Sept. 24, while the China Enterprises Index of...

  • *Hong Kong gambling shares up after Wynn Macau earnings. HONG KONG, Oct 29- China and Hong Kong shares rose more than 1 percent on Wednesday, heading for a second straight day of gains, on hopes of more favorable policies from the Chinese government, with tranportation stocks leading gains for mainland equities. In Hong Kong, the Hang Seng Index advanced 1.4 percent...

  • SHANGHAI, Oct 20- Hong Kong shares finished slightly higher on Monday, underpinned by positive U.S. economic data and in line with regional bourses, but investors stayed cautious due to recent volatility. Top index boost China Overseas Land& Investment gained 1.7 percent and China Resources Land rose 0.9 percent. Sands China rose 0.9 percent and Galaxy...

  • SHANGHAI, Oct 20- China shares rose on Monday on speculation of further policy easing after news that the country's central bank was set to inject funds into to several banks, while Hong Kong's market gained on positive U.S. data. The People's Bank of China is set to inject about 200 billion yuan worth of three-month loans into five or six listed banks to keep...

  • Hong Kong shares rise, helped by gains for casinos Friday, 17 Oct 2014 | 4:12 AM ET

    SHANGHAI, Oct 17- Hong Kong shares finished higher on Friday, lifted by signs of recovery in overseas markets and a good earnings report from one casino that lifted stocks in that sector. The Hang Seng Index closed up 0.5 percent at 23,023.21 points. The China Enterprises Index of the leading offshore Chinese listings in Hong Kong also rose 0.5 percent.

  • *Hong Kong rebounds, cheered by casinos. SHANGHAI, Oct 17- China shares fell by midday on Friday, on track for their biggest weekly decline in four months, hit by worries over the economy as well as expected tightness in liquidity ahead of a slew of new share offerings. Hong Kong shares rebounded slightly, tracking a recovery in global markets, as casino stocks gained...

  • Mounting anxiety over global growth and the spread of Ebola dragged Asian bourses lower on Thursday.

  • Are Macau casino stocks a 'screaming buy'? Wednesday, 8 Oct 2014 | 8:31 PM ET
    A Sands casino employee undergo training in Macau.

    Macau casino stocks have lost almost a third of their value this year, sparking speculation over whether a bottom is near.