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Stock Market / Finance in Macau

  • China-Portuguese Speaking Countries Cooperation Fund presented in Macau

    CHINA, 2017/01/23 A presentation session of the China-Portuguese Speaking Nations Cooperation and Development Fund and the investment framework for investment in Portuguese-speaking nations is due to take place on 25 January in Macau, organised by the Macau Institute for Trade and Investment Promotion (IPIM). This session is co-organised by the Macau Economic Service, the Finance Services Bureau and the Macau Monetary Authority and support is provided by the Permanent Secretariat of the Forum for Economic and Trade Cooperation between China and Portuguese-Speaking Nations.
  • Macau casino revenues fall in April for 23rd consecutive month

    MACAU, 2016/05/04 Gross gaming revenue in Macau’s casino in April fell for the 23rd consecutive month to 17.341 billion patacas (US$2.167 billion), said the Gaming Inspection and Coordination Bureau (DICJ). In April, which continued the contraction that began in June 2014, gross revenue contracted by 9.5 % in monthly terms. Accumulated gross revenue from the beginning of the year amounted to 73.517 billion patacas (US$9.189 billion), an annual contraction of 12.4 %.
  • Asian Markets Retreat After Oil Prices Fall Again

    CHINA, 2016/01/26 Asian stock markets retreated on Tuesday, snapping a two-day winning streak, following the weak cues overnight from Wall Street and the pullback in oil prices. Investors as well treaded cautiously ahead of monetary policy statements by the U.S. Federal Reserve and the Bank of Japan later in the week. The Japanese market is notably lower, with the negative lead from Wall Street and the fall in oil prices denting risk appetite. Additionally, a stronger yen hurt exporters' stocks. In late-morning trades, the benchmark Nikkei 225 Index is declining 319.08 points or 1.86 % to 16,791.83, off a low of 16,683.64 in early trades.
  • Macau invests part of its financial reserve in Guangdong

    CHINA, 2015/06/28 Cooperation between Guangdong province and Macau completed the objectives set out in the “Guangdong/Macau Cooperation Framework Agreement” and this cooperation will presently reach a higher level, the Chief Executive of Macau said Thursday. At the end of the 2015 Guangdong-Macau Joint Cooperation Conference held in the city of Jiangmen, Chief Executive Chui Sai On as well said an agreement had been signed for investment of the Macau financial reserve in large infrastructure projects in Guangdong Province.
  • Loans to Macau private sector rise in November

    MACAU, 2013/01/07 Internal loans to the private sector in Macau rose 3.5 % in November against the previous month, totalling 196 billion patacas (US$24.5billion), Macau’s Monetary Authority said. Of that amount, 30.5 % or 59.8 billion patacas was denominated in patacas and 61.2 % or 119.9 billion patacas was denominated in Hong Kong dollars.