Bloomberg Top News

Macau Casinos Shut Thousands of Hotel Rooms in Labor Crunch

Macau casinos have been forced to close off thousands of hotel rooms and cut back on guest services like housekeeping, as a labor shortage leaves the gambling hub struggling to cater to a surge of tourists from a newly-reopened China.

RBA Says Banks Are Strong, Households Resilient to Higher Rates

Australia’s lenders are “unquestionably strong” and its households and firms are well placed to cope with higher interest rates and inflation, the Reserve Bank said, seeking to alleviate concerns about potential fallout from global financial turmoil.

Jane Street, Tower and Radix Are Unnamed ‘VIPs’ in Binance Case

Jane Street Group, Tower Research Capital and Radix Trading are the three unidentified trading firms cited as “VIP” clients of Binance Holdings Ltd. in a top US regulator’s lawsuit against the cryptocurrency exchange, according to people with direct knowledge of the matter.