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Melco Crown Entertainment Limited

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  • MACAU— Macau is doubling down even as the odds change. Macau's casino operators are undaunted. They're also optimistic Beijing's support for Macau's long term development from a seedy, vice-ridden backwater into a glitzy Asian destination will draw a growing numbers of middle class families from across the region looking for more than just gambling.

  • MANILA, Philippines— Robert de Niro and his business partners formally opened Asia's first Nobu Hotel in Manila on Monday as the luxury brand gears up for global expansion. De Niro and his Nobu Hospitality partners, renowned chef Nobu Matsuhisa and Hollywood producer Meir Teper, led the ribbon cutting with Australian billionaire James Packer and Macau tycoon...

  • HONG KONG, May 4- Macau casino stocks have lost as much as half their value over the past year as China's anti-corruption crackdown scares away wealthy VIP punters, but some investors say their faith in long-term gambling demand from the mainland remains unshaken. Industry moguls like Wynn Resorts' Steve Wynn and Las Vegas Sands' Sheldon Adelson have noted the...

  • HONG KONG, May 4- Macau casino stocks have lost as much as half their value over the past year as China's anti-corruption crackdown scares away wealthy VIP punters, but some investors say their faith in long-term gambling demand from the mainland remains unshaken. Industry moguls like Wynn Resorts' Steve Wynn and Las Vegas Sands' Sheldon Adelson have noted the...

  • MACAU, March 31- Macau is drafting new construction safety rules, officials said, after several workers died this month at casino sites amid a building boom in the world's largest gambling hub. While the fatality numbers are relatively low, and lag the 16 deaths in industrial accidents in Hong Kong last year, they are relatively rare in Macau, the only place where...

  • Visitors pose for a photograph below signage for the City of Dreams Manila casino resort

    Michael Van Cleef Ault, owner of Pangaea nightclub in Sinapore is now betting that Manila's casinos will be able to draw the rich through his doors.

  • SINGAPORE/ MANILA, March 2- More than three years after opening ultra-luxe nightclub Pangaea in Singapore's glitzy Marina Bay Sands, owner Michael Van Cleef Ault is now betting that Manila's casinos will be able to draw rich punters and partygoers through his doors. The increase in the number of wealthy Chinese gamblers fleeing Macau amid Beijing's...

  • Dovish Yellen, China flash PMI fail to cheer Asian stocks Wednesday, 25 Feb 2015 | 2:10 AM ET
    Janet Yellen

    Asian equities turned mixed amid choppy trade on Wednesday after China's manufacturing sector surprised markets with growth for the first time in three months.

  • Asian markets opened mixed on Friday as a stronger yen curbed risk appetite in Tokyo, while a strong close on Wall Street boosted sentiment elsewhere.

  • Four trades to go before the closing bell Tuesday, 10 Feb 2015 | 1:39 PM ET

    The "Halftime Report" traders give their final trades of the show.

  • In Macau, casino titans join China reform wagon Sunday, 8 Feb 2015 | 6:18 PM ET

    Xi Jinping warned Macau that it needs to be about more than baccarat. Now, the reform drive has new champions - the casino operators.

  • Time to go all in on Macau gaming stocks? Thursday, 5 Feb 2015 | 5:46 PM ET
    A croupier deals a card on a blackjack table inside the Venetian Macao resort and casino, operated by Sands China, in Macau, China.

    With the prospect of a recovery increasing, some analysts say now's the time to scoop up battered Macau casino plays.

  • HONG KONG, Jan 16- One of Macau's largest junkets plans to shut its local VIP rooms in the next few months, Nomura researchers said, as casino revenues in the world's biggest gaming hub take a hit from China's campaign against graft and conspicuous spending. David Group's market share of Macau's VIP market is 3-5 percent, Nomura said in a research note, citing data...

  • Relax, Melco Crown delisting isn't contagious Monday, 5 Jan 2015 | 2:09 AM ET
    The City of Dreams complex, operated by Melco Crown Entertainment, in Macau.

    Macau casino operator Melco Crown's planned exit from the Hong Kong stock market sparked fears about the health of casinos operating in the world's largest gambling hub, but experts dismissed worries of a domino effect.

  • Asian shares mixed on global growth, oil concerns Monday, 5 Jan 2015 | 2:00 AM ET
    A board of stock indicators shows upward momentum on the floor of the New York Stock Exchange.

    Asian stocks were mixed amid choppy trade on the first trading day of the week, as a raft of sluggish manufacturing surveys released across Europe and Asia over the past week curbed risk appetites.

  • SHANGHAI, Jan 5- China stocks rose to their highest in five years on Monday led by a jump in the property sector as investors welcomed mortgage-policy changes in Beijing and Guangzhou designed to help the troubled sector. Other local governments, including Guangzhou, have taken steps to help home buyers. "Investors are still bargain-hunting for blue-chips and...

  • On the first trading session of 2015, Asian equities were quiet on the back of a lack of foreign cues and economic data releases.

  • 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.

  • Midday movers: Lands' End, Wynn Resorts, Exxon & more Wednesday, 10 Dec 2014 | 12:49 PM ET
    NYSE New York Stock Exchange Wall Street

    Some of Wednesday's midday movers:

  • Midday movers: Amgen, Ford, Vitamin Shoppe & more Tuesday, 4 Nov 2014 | 12:54 PM ET
    NYSE New York Stock Exchange traders markets

    Some of Tuesday's midday movers: