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Macau’s gambling revenue drops
HONG KONG: Gambling revenue in Macau plunged 70.5% in November year-on-year, but the decline was not as severe as in recent months, as the world’s biggest casino hub saw a pick-up in visitors from its key market – mainland China.
Higher targets set for FBM KLCI
Benchmark index may breach 1,700-point psychological level next year
Roblox acquires Imbellus assets ahead of IPO
LOS ANGELES: Roblox Corp said on Tuesday it had acquired the intellectual property assets of cognitive assessment start-up Imbellus to sharpen the United States online gaming platform’s recruitment practices before a planned initial public offering.
More US-listed Chinese firms seen seeking backup listings
HONG KONG: The rush by U.S-listed Chinese companies to secure a secondary listing in Hong Kong or China is only set to intensify as the United States readies a new law allowing it to kick firms off its exchanges if they do not comply with U.S. auditing rules.
Is it time to switch to cyclical stocks?
Counters tied to economic performance are back in favour as rebound picks up pace
Ant, Grab's venture and Sea to usher in Singapore digital banking
SINGAPORE, Dec 4 (Reuters) - Southeast Asian ride-hailing firm Grab's venture with Singtel and internet platform company Sea Ltd have each won licences to run Singapore's first digital banks, in the city-state's biggest banking shakeup in two decades.
Razer pushes to roll out Youth Bank
SINGAPORE: Gaming company Razer Inc will stick with a strategy of expanding into digital-banking services, undeterred by its failure to win a licence in Singapore following a closely-watched contest.
Inter-state travel to boost Genting
KUALA LUMPUR: The government’s move to allow inter-state travel effective on Monday will benefit the Genting group as the gaming crowd is expected to swell at Genting Highlands, UOB Kay Hian Malaysia Research says.
Japanese manufacturers' gloom eases slightly in Dec
TOKYO: Sentiment among Japanese manufacturers and service-sector firms in December improved to its least pessimistic since February, as businesses eyed a slow and bumpy recovery from COVID-19 disruptions, a Reuters poll showed on Tuesday.
