Commentary / Economy
Add as a preferred source on GoogleMacau gaming revenue expanded for the first time since May 2014. The Macau is so dependent on gaming and on Chinese tourists that a slowdown in world's second largest economy led to a GDP contraction of 26 percent in the…
Macau gaming revenue expanded for the first time since May 2014. The Macau is so dependent on gaming and on Chinese tourists that a slowdown in world's second largest economy led to a GDP contraction of 26 percent in the second quarter last year. The economy there is still in recession and in the second quarter shrank by 7.1 percent but looking at the gaming revenue it seems that the third would be a better one.
Does this Macau recovery mean, China is back in the business and the worst is over?
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
