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The conglomerate that troubles China

FOR one of China’s most powerful investors, Guan Jun is surprisingly difficult to track down.

Breakfast briefing: Tuesday, July 11 (Update)

Breakfast briefing: Tuesday, July 11

Billionaire Buffett donates US$3.17bil to Gates charity, four others

NEW YORK: Warren Buffett on Monday donated roughly US$3.17 billion of Berkshire Hathaway Inc stock to the Bill & Melinda Gates Foundation and four family charities, his largest contribution in a more than decade-long plan to give away his fortune.

BToto earnings down on higher prize payouts, expenses

PETALING JAYA: Berjaya Sports Toto Bhd (BToto) has reported a decline in its earnings for the financial year ended April 30, 2017 (FY17) after its unit Sports Toto Malaysia Sdn Bhd incurred bigger prize payouts and higher operating expenses.

Lower FY17 earnings for Berjaya Sports Toto

KUALA LUMPUR: Berjaya Sports Toto Bhd (BToto) reported a 21.8% decline in its earnings for the financial year ended April 30, 2017 after its unit Sports Toto Malaysia Sdn Bhd incured higher prize payout and higher operating expenses.

Amazon's billionaire Bezos asks Twitter followers how to donate his money

NEW YORK: Amazon.com Inc's billionaire founder Jeff Bezos on Thursday turned to an unusual source of inspiration for how to donate part of his wealth: Twitter.

BToto’s unit to issue up to RM800mil in medium-term notes

KUALA LUMPUR: Berjaya Sports Toto Bhd’s (BToto) principal subsidiary Sports Toto Malaysia Sdn Bhd is setting up a medium-term notes (MTN) programme of up to RM800mil in nominal value.

Billionaire Warren Buffett charity lunch sells for US$2.68mil

NEW YORK: An anonymous fan of Warren Buffett agreed to pay $2,679,001 at an online charity auction to have lunch with the billionaire chairman of Berkshire Hathaway Inc.

Are crowdfunding and P2P lending good investments?

INSTEAD of going for a good old, reliable personal loan, why not try something slightly more 21st century and opt for a crowdfunding campaign or a P2P (peer-to-peer) loan instead?

Eco World signs MoU with Brainy Bunch

PETALING JAYA: Eco World Development Group Bhd has entered into preliminary agreements with an education provider for the setting up of Islamic schools in two locations.