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Billionaire’s son Lucio Tan Jr has reportedly died

MANILA: PAL Holdings Inc president Lucio “Bong” Tan Jr, son of Philippine billionaire Lucio Tan, died after collapsing while playing in a basketball game days earlier. He was 53.

Investors pour cash into India’s most expensive stock

MUMBAI: Surrounded by all the doom and gloom around the Indian consumer sector, a paint producer got so much love from investors that it is now the most expensive stock in the country’s benchmark index.