The financial rating agency Fitch predicted today that Macau’s economy will recover 48% this year, with casino volume reaching half the pre-pandemic level, thanks to the end of the ‘zero …
Economy
-
The Hong Kong Special Administrative Region (HKSAR) government and Guangdong provincial government signed a series of cooperation documents in Hong Kong on Tuesday to strengthen cooperation and high-quality development of …
-
Days after it was rescued in an emergency buyout, Credit Suisse gathered hundreds of clients in an upscale Hong Kong hotel on Tuesday for a glitzy investment conference where they …
-
European regulators continue to try to calm the markets. The European Central Bank and the European Banking Authority ensure that the financial system has sufficient liquidity and that the banking …
-
French Economy Minister Bruno Le Maire on Monday welcomed a “good deal” for stricken bank Credit Suisse which is set to be acquired by fellow Swiss giant UBS. Talking to …
-
There is a lack of strategic vision and interdepartmental coordination to improve Macau’s competitiveness as a destination for events and conventions, says Bruno Simões, businessman and president of the Macau …
-
“The Governing Council decided to increase the three main ECB interest rates by 50 basis points [0.5 percentage points]”, announced, this Thursday, the institution led by Christine Lagarde. Following this …
-
Last Friday, the US bank Silicon Valley Bank (SVB) (the 16th largest in the US) went bankrupt and the fear of a financial crisis returned to the agenda. Yesterday, real …