Macau

What if they built a consumer economy and nobody came? That's the conundrum China is facing after constructing far more housing and retail space than its population can support. Check out these images from some of its massive -- and eerily empty -- shopping centers.

If you thought Vegas was where the big gamblers went to play, you're behind the times. Sin City has been blown past by another exotic destination once infamous for corruption and mob activity. But you probably won't be heading there to play baccarat any time soon.

Las Vegas Sands benefits from being more geographically diversified than its major competitors. With a casino resort presence that spans the U.S., Macau and Singapore, LVS is a strong player that can ride out local downturns, and one stock analysis firm thinks its stock is undervalued by 10% to 15%.

Debates are raging over whether Japan needs charitable financial help to recover, but one way money has been flowing into the country is in the form of foreign purchases of Japanese stocks as investors snap up hammered shares.

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...

Playboy Enterprises is downsizing again as it continues its transition from a lifestyle and media business into a brand-management company. The company expects to save more than $3 million annually.

Think the Playboy brand is dead? Think again. The company, famous for its iconinc magazine and velvet-clad bunnies, is heading to the world's biggest casino playground this year: the Chinese gambling region of Macau.

In Asia Wednesday, shares climbed with Hong Kong's Hang Seng Index advancing 1.8 percent to 21,615. Japan's Nikkei Index closed at 9,844 -- up 0.4 percent and China's Shanghai Composite ended the day at 3,129 -- up 0.5 percent. In China, investors must have been keeping a close eye on Warren...

In Asia Wednesday, Hong Kong's Hang Seng Index dropped 1.8 percent to end the day at 21,762. Japan's Nikkei Index fell to 10,075 – a decline of 1.4 percent and the Shanghai Composite Index added 0.3 percent to close at 3,031. In Hong Kong, property development company stocks suffered after...

Shares in Asia climbed higher today with Japan's Nikkei adding 1.8 percent to close at 10,239. Hong Kong's Hang Seng rose 0.5 percent to end the day at 21,999 and China's Shanghai Composite Index edged up 0.3 percent to 2,980. Hong Kong-listed mobile phone-making behemoth Foxconn International...