OPINION China shows why Asia’s casino bubble was always doomed Nikkei Asia William Pesek September 20, 2021 05:00 JST The house always wins. Just not in Macao, where this gaming industry maxim is being turned on its head. A plunge in casino-related stocks has analysts pointing fingers, junket operators reeling and investors taking chips off the
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The Washington Post By William Pesek September 19, 2019 William Pesek is a Tokyo-based writer and author of “Japanization: What the World Can Learn from Japan’s Lost Decades.” On Monday, President Trump announced that the United States and Japan reached an initial trade deal. But don’t be fooled. As geopolitical bets go, the one that Japanese Prime Minister
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May 21, 2019, 05:30am William Pesek The Twittersphere is pulsating with theories for Bitcoin’s return from the near-dead. Explanations for its 100% rally so far this year include rising volatility in markets, decreased mining activity and a burst of good headlines. The last point includes a 60 Minutes feature from May 19. Great exposure coming right after
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May 16, 2019, 07:55am William Pesek What if the U.S. Treasury Department held a bond auction and nobody came? This highly feared scenario, one that would savage world markets, leapt to mind last week as Washington suffered its worst debt sale in a decade. And if Donald Trump is looking to assign blame, the U.S.
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