Domestic spending in tourism eclipses international for the major cities
According a forcast by the World Travel & Tourism Council (WTTC) Hong Kong is anticipated to be the worldwide leader in terms of international tourism spending, raking in an estimated 52 billion USD by 2032. Not far behind, international cities Macau and Dubai are also expected to bring in more…#wttc #hongkong #macau #dubai #shanghai #beijing (Source: Reuters: Health)
Source: Reuters: Health - September 18, 2023 Category: Consumer Health News Source Type: news

Hong Kong stocks slide as yuan outlook stokes fund outflows while Evergrande, Country Graden slump on more bad news
A personalised news feed of stories that matter to you Get more with my NEWS Hong Kong stocks slide as yuan outlook stokes fund outflows while Evergrande, Country Graden slump on more bad news Hong Kong declined as foreign investors continued to shun local markets amid concerns the yuan will…#hongkong #chinaevergrande #alibabagroup #jdcom #hk12310 #macau #sandschina #tripcom #hk28240 #goldmansachs (Source: Reuters: Health)
Source: Reuters: Health - September 18, 2023 Category: Consumer Health News Source Type: news

Richard Li-backed insurer FWD postpones Hong Kong IPO plan for second time amid stock-market doldrums
“The [Hong Kong stock] market condition is not good,” said a source familiar with the matter, who added that the company is in no rush to list because it is financially strong. The attempted Hong Kong listings came after the insurer shelved a plan to list in New York in 2021 amid ongoing US-China…#hongkong #fwd #fwdgroupholdings #richardlitzarkai #thailand #philippines #phong #cambodia #macau #indonesia (Source: Reuters: Health)
Source: Reuters: Health - September 14, 2023 Category: Consumer Health News Source Type: news

These 10 stocks have the most exposure to China's'stalling' economy, BofA warns
None China's "stalling" economy is putting some US companies at risk, according to Bank of America. • None High rates of youth unemployment and recent property defaults have put pressure on the Chinese economy. • None The bank highlighted the top 10 stocks that have the most revenue exposure to…#bankofamerica #macau #lasvegassandscorp #intel #tesla #nvidia (Source: Reuters: Health)
Source: Reuters: Health - September 9, 2023 Category: Consumer Health News Source Type: news

China reportedly bars some government officials from using iPhones
China has made a massive move of barring central government officials from using iPhones at work, part of its grand plan to restrict foreign influence as its relationship with the U.S. sours. The move, first reported by the Wall Street Journal, will likely deal a blow to Apple’s public perception…#iphones #apple #huawei #zte #tiktok #shouzichew #tesla #greaterchina #hongkong #macau (Source: Reuters: Health)
Source: Reuters: Health - September 6, 2023 Category: Consumer Health News Source Type: news

Macau Casinos Reopen as Typhoon Moves Away From Gambling Hub
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Source: Reuters: Health - September 2, 2023 Category: Consumer Health News Source Type: news

Fintech giant Ant Group expands Alipay+ cross-border payments service in South Korea with ZeroPay tie-up
A personalised news feed of stories that matter to you Get more with my NEWS Alipay+, a cross-border payments solution run by Ant Group, is expanding in South Korea in collaboration with Korea Easy Payment Foundation, the operator of local electronic wallet ZeroPay, as the Chinese financial…#antgroup #zeropay #alipay #hongkong #macau #mpay #thailand #truemoney #malaysia #touchngoewallet (Source: Reuters: Health)
Source: Reuters: Health - September 1, 2023 Category: Consumer Health News Source Type: news

Flights cancelled, businesses shut in Hong Kong, Guangdong as Typhoon Saola nears
The Asian financial hub of Hong Kong and China's neighbouring populous province of Guangdong cancelled hundreds of flights on Friday as fears of powerful Typhoon Saola forced some mainland cities to shut businesses, schools and financial markets. Packing winds of more than 200 kph (125 mph), the…#hongkong #guangdong #typhoonsaola #cathaypacific #ledenilabarizo #philippines #saola #huidong #taishan #macau (Source: Reuters: Health)
Source: Reuters: Health - September 1, 2023 Category: Consumer Health News Source Type: news

Making Sense Of The China Meltdown Story
It is impossible to turn to a newspaper, financial television station or podcast today without getting told all about the unfolding implosion of the Chinese economy. Years of over-building, white elephants and unproductive infrastructure spending are finally coming home to roost. Large property…#lehmanbrothers #clubmed #shanghai #hangseng #ccpcongress #crb #jacquesrueff #southkorean #macau #lvmh (Source: Reuters: Health)
Source: Reuters: Health - August 25, 2023 Category: Consumer Health News Source Type: news

In Japan's neighbors, fear and frustration are being shared over radioactive water release
SEOUL, South Korea -- Seoul office worker Kim Mijeong says she intends to stop eating seafood, as she deeply mistrusts the safety of Japan’s release of treated radioactive wastewater into the sea from its crippled nuclear power plant. “We should absolutely cut back on our consumption of seafood.…#seoul #kimmijeong #beijing #hongkong #macau #yoonsuk #yoonsukyeol #peoplepowerparty #kwonchilseung #democraticparty (Source: Reuters: Health)
Source: Reuters: Health - August 24, 2023 Category: Consumer Health News Source Type: news

Property developer K Wah ’s profit falls by more than half as Hong Kong’s higher interest rates sour market
K Wah, the property developer owned by one of Macau’s biggest casino owners, said its first-half profit declined by more than half after Hong Kong’s elevated interest rates dampened demand for homes.#kwah #macau #hongkongs (Source: Reuters: Health)
Source: Reuters: Health - August 23, 2023 Category: Consumer Health News Source Type: news

Fukushima Nuclear Plant To Release Treated Radioactive Water To Sea As Soon As Thursday
[time-brightcove not-tgx=”true”] (TOKYO) — The Fukushima Daiichi nuclear power plant will start releasing treated and diluted radioactive wastewater into the Pacific Ocean as early as Thursday — a controversial step that the government says is essential for the decades of work needed to clean up the facility that had reactor meltdowns 12 years ago. Prime Minister Fumio Kishida gave the final go-ahead Tuesday at a meeting of Cabinet ministers involved in the plan and instructed the operator, Tokyo Electric Power Company Holdings, or TEPCO, to be ready to start the coastal release Thursday if w...
Source: TIME: Science - August 22, 2023 Category: Science Authors: MARI YAMAGUCHI / AP Tags: Uncategorized healthscienceclimate wire Source Type: news

Macau is Back on Top as Gamblers ’ Favorite City
One sector in China’s economy is full of big, risky bets and loving it. Macau, the gambling mecca of the East, has wrestled the status of the world’s most profitable betting hub from Las Vegas, The Wall Street Journal reported. Luck is Turning Around China’s economy has taken a lot of blows…#macau #lasvegas #singapore #vegas #wsj #beijingsnakeeyesits #hongkong #taiwan #mgm #sands (Source: Reuters: Health)
Source: Reuters: Health - August 20, 2023 Category: Consumer Health News Source Type: news

Macau Reclaims Crown From Vegas as World ’s Top Gambling Hub
About 1.9 million tourists from mainland China visited Macau in July, nearly as many as before the Covid pandemic. MACAU—Chinese tourists are flocking back to Macau’s casinos even as China’s economy is struggling, propelling the city back above Las Vegas as the world’s most lucrative gambling hub.#macau #lasvegas (Source: Reuters: Health)
Source: Reuters: Health - August 19, 2023 Category: Consumer Health News Source Type: news

Earnings Beat of the Week: Wynn Resorts Capitalizes on Tourism, Spending Boom
Casino operator Wynn Resorts (WYNN) capitalized on a surge in tourism and retail spending at its resorts in Las Vegas and Macau to beat analyst expectations for its second-quarter earnings. The company posted net income of $105 million, swinging from a loss of $130 million in the same quarter last…#wynnresorts #lasvegas #macau #eps #wynnpalace #encore #bostonharbor #craigbillings #wynn #unitedarabemirates (Source: Reuters: Health)
Source: Reuters: Health - August 13, 2023 Category: Consumer Health News Source Type: news