The hub's casino stocks tumbled Monday, with Wynn Macau Ltd. leading losses after gaming revenue rose almost 15 percent in December to 22.7 billion patacas ($2.8 billion) — missing the median estimate of a 20 percent increase in a Bloomberg survey. Analysts attributed the unexpected slower
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A second Sino-Russian oil pipeline began operations on New Year's Day, doubling China's capacity to import crude from the East Siberia-Pacific Ocean system. China can now import 30 million tons annually (about 600,000 barrels a day) of Russian ESPO crude via pipeline, up from 15 million tons
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(Bloomberg) — India is adding the least amount of coal-fired power in more than a decade as tepid demand from indebted state retailers fails to utilize … according to Bloomberg calculations based on the latest available data from the Central Electricity Authority, the planning wing of the power ministry.
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South Korea proposed holding talks on Jan. 9 with North Korea to discuss participation in the Winter Olympics next month. South Korea is suggesting that high-ranking officials from both sides meet at the border village of Panmunjom, Unification Minister Cho Myoung-gyon told reporters in Seoul on
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While volatility in many financial markets has been rising over recent weeks, one notoriously unpredictable currency has been dead in the water. The trading range for Indonesia's rupiah shrank to the least in two decades last year and volatility all but vanished as the central bank made maintaining the
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