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...Asia's economy starts to pick up steam, Macau looks to be on another roll. Gambling revenues surged an estimated 17% in August from a year earlier to $1.4 billion, a record monthly total. Aaron Fischer, gaming analyst at brokerage CLSA in Hong Kong, expects the revival to continue. September's revenues could surge 25% or more, he says, and he sees at least "low teens" growth rates annually from 2010 to 2012. "You can put me on record saying Macau is back," Fischer says. (Watch a video about the rise of Poker in China...

Author: /time Magazine | Title: Macau: Is the Casino Boom Back? | 9/23/2009 | See Source »

...more violent soccer fan clubs in Serbia. But some Serbs wonder whether the government has the resolve to do anything, considering it has tolerated such groups for years. "The state has clearly lost this battle, but it can still win the war," says Zoran Dragisic, a security analyst and professor at Belgrade University, "provided our politicians finally show some guts." (See pictures of the recent riots in Belgrade...

Author: /time Magazine | Title: Right-Wing Threats Scrap Serbian Gay-Pride Parade | 9/23/2009 | See Source »

...Morgan Stanley comes from the acquisition of the Salomon Smith Barney brokerage division. The deal, which was announced in January, has boosted the number of brokers at Morgan Stanley to just over 20,000. That makes Morgan the largest brokerage house in the country. Brad Hintz, an analyst at Sanford C. Bernstein & Co., estimates that after the acquisition is complete Morgan will get 42% of its revenue from its brokerage division, up from 20% a year...

Author: /time Magazine | Title: How the Financial Crisis Reshaped Morgan Stanley | 9/22/2009 | See Source »

...succession is not a done deal by any means," says Beijing-based analyst Russell Leigh Moses. "Not every succession process in China goes exactly as planned." In fact, the uproar surrounding Xi's non-appointment may well be overblown anyway, Moses argues, noting that senior Party officials are still trying to put in place concrete rules on succession and other procedures. "They all agree that there is a problem but they can't agree on how exactly to fix it or where to start," Moses says. "I don't see any signs of impatience inside the Party on this issue...

Author: /time Magazine | Title: China's Succession: Hu's Heir Is Not So Apparent | 9/22/2009 | See Source »

...that Zardari's approval ratings have plummeted over the past year, to just 32%, according to the most charitable poll, matching President Pervez Musharraf's levels in his final months. "The general view is that the government is not batting for the country," says Aasiya Riaz, a political analyst. As his own aides admit, Zardari suffers an "image problem" because of the stains of old corruption allegations - which he denies. By contrast, the army's much damaged public image under Musharraf has improved since mounting the Swat offensive...

Author: /time Magazine | Title: How Washington Will Measure Pakistan's Success | 9/21/2009 | See Source »

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