MGM Resorts May List Macau Gambling Venture in Hong Kong

MGM Resorts International (MGM) may list its Macau gambling venture on the Hong Kong stock market.

MGM is a partner in MGM China Holdings, a casino in a historic district of Macau, MarketWatch reported. The casino is a joint venture with Pansy Ho, daughter of Macau gambling kingpin Stanley Ho.

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The company said in a U.S. regulatory filing that the listing has yet to receive approval…

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MGM Resorts May List Macau Gambling Venture in Hong Kong originally appeared on DailyFinance on Tue, 28 Sep 2010 08:06:00.

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Will the Export Economy Spark a Global Currency War?

Countries from Japan to Brazil and Mexico to Malaysia are trying to intervene in currency markets to alter the value of their currency. The widespread dependence on exports is the prime reason for these moves, which can be tric…

What’s Pushing China to Become More Assertive

With its economy growing rapidly even as much of the developed world struggles, tensions are mounting. China has recently crossed Japan and India, in addition to ongoing conflicts with the U.S. Fairly or not, China is being sin…

China Raises Anti-Dumping Duty on U.S. Chicken

China raised antidumping duties on U.S. chicken products, saying that the goods are being dumped in the Chinese market.

China raised the minimum chicken duty to 50.3% from 43.1% on U.S. chicken products, MarketWatch reported. The maximum antidumping tariff remains 105.4%.

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A report into the products showed that U.S. chicken was being sold at below fair value.

“Dumping duties exist in…

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China Raises Anti-Dumping Duty on U.S. Chicken originally appeared on DailyFinance on Mon, 27 Sep 2010 07:30:00.

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Apple iPhone 4 Demand in China Swamps Unicom

Apple’s iPhone 4 went on sale this weekend in China and shelves emptied as over 200,000 units were bought.
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Apple iPhone 4 Demand in C…