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Helicopter money talk takes flight as Bank of Japan runs out of runway

July 31, 2016 by · Leave a Comment 

The Bank of Japan's review of its monetary stimulus program promised for September has revived expectations it could adopt some form of “helicopter money”, printing money for government spending to spur inflation. The BOJ disappointed market hopes on Friday that it …

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Helicopter money talk takes flight as Bank of Japan runs out of runway

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Chinese consortium agrees to $4.4 billion deal for Caesars online games

July 31, 2016 by · Leave a Comment 

A Chinese consortium that includes game developer Shanghai Giant Network Technology Co Ltd and e-commerce company Alibaba Group Holding Ltd founder Jack Ma has agreed to acquire Caesars Interactive Entertainment Inc's online games unit for $4.4 billion in cash, the companies said. Caesars Interactive Entertainment is currently owned by Caesars Acquisition Co (CAC) and Caesars Entertainment Corp .

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Chinese consortium agrees to $4.4 billion deal for Caesars online games