The Chinese arm of Wynn Resorts Ltd. said it received approval on Wednesday for a new casino in the Cotai district of Macau, the world's most lucrative gambling market.
Billionaire Steve Wynn stepped up the feud with his former business partner Kazuo Okada on Friday by removing the Japanese tycoon from the board of his Macau casino company.
Hollywood independent studio Lionsgate and U.S. media investment firm Saban Capital said Thursday they're teaming up with a Malaysian-owned company in a pay TV joint venture to tap the expanding Asian entertainment market.
Chinese auto and battery maker BYD Co. warned that first-half profit will plunge as much as 95 percent because of a drop in auto sales after some tax incentives for small cars ended.
Family members involved in a dispute with ailing casino baron Stanley Ho over ownership of his gambling empire said he has dropped his lawsuit against them, but a law firm representing the billionaire denied it Monday.