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HONG KONG: Two sons of the late Hong Kong billionaire Walter Kwok have between them inherited a $3.1 billion stake in developer Sun Hung Kai Properties Ltd.
SINGAPORE: The Federal Reserve is ramping up its investigation into how Goldman Sachs Group Inc. executives dodged the bank’s internal controls while helping Malaysian authorities raise billions of dollars that later went missing, according to people briefed on the matter.
SINGAPORE: Consumer-focused private equity firm L Catterton Asia is investing in Will’s Group, one of China’s biggest private gym operators, in a bet that yoga and body pump classes will take off in the country.
The US Army is investing millions of dollars in experimental exoskeleton technology to make soldiers stronger and more resilient, in what experts say is part of a broader push into advanced gear to equip a new generation of "super-soldiers".
KUALA LUMPUR: KIP REIT Management Sdn Bhd, the manager of KIP REIT, has formally inked a deal to buy Aeon Mall Kinta City Shopping Centre in Ipoh, Perak for RM208mil, a KIP REIT press release said.
KUALA LUMPUR: Public Mutual has declared distributions amounting to more than RM143mil for six funds.
KUALA LUMPUR: Businessman Tan Sri Vincent Tan has proposed for a fund to be set up to buy the land where the Seafield Sri Maha Mariamman Temple is located.
Chinese social media giant Weibo is making a push into foreign markets and is considering launching new products in different languages, a senior executive said, brushing off concerns over censorship and credibility.
TOKYO: SoftBank Corp has set an indicative price of 1,500 yen ($13.23) per share for its IPO, a regulatory filing showed on Friday, making the deal worth 2.4 trillion yen ($21.16 billion) in one of the world’s biggest-ever listings.
WASHINGTON (Reuters) - The U.S. Army is investing millions of dollars in experimental exoskeleton technology to make soldiers stronger and more resilient, in what experts say is part of a broader push into advanced gear to equip a new generation of "super-soldiers."