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Business 18 Jul 2019 | 12:59 AM

Jho Low's gutted Hollywood Hills mansion lists at US$15m loss

LOS ANGELES: Way back in November 2012, as the global economy gingerly emerged from a long recession, an enormous Hollywood Hills estate sold for US$39 million. That unprecedented sale price shocked all real estate observers and sparked an avalanche of gold-digging developers to build and market their own "trophy" modern mansions in the hills.

One Man's Meat 06 Jul 2019 | 12:00 AM

Shakespeare in Malaysian politics

ON A morning when I was pumped up with Malaysian politics, I watch­ed the rehearsal of OYIF (On Your Imaginary Forces), named after a line from William Shakes­peare’s play Henry V.

Business 27 Jun 2019 | 12:00 AM

Funds flock to India, Indonesia to escape slumping yields

SINGAPORE: Never mind the trade war. A looming US interest-rate cut is set to replace tariff headlines as the key driver of developing Asian bonds, according to money managers.As traders count down to the Group of 20 summit this week, global funds are looking beyond the outcome to focus on an expected easing in Federal Reserve policy. Portfolio managers reason that regional central banks are likely to follow in the Fed’s footsteps, and this would galvanise demand for Asian bonds.

Business 04 May 2019 | 12:00 AM

UK property brokers shun Brunei fund over anti-gay laws

London: Brunei is facing unexpected hurdles on a prestigious London property project as the kingdom comes under fire for introducing laws persecuting homosexuals.

Business 30 Apr 2019 | 7:08 AM

Singapore’s US$200b investor seeks more US holdings

SINGAPORE: Singapore’s US$200bil state investor is gearing up for more deals in the U.S.