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Asean News Headlines on Saturday (Feb 27)
Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Saturday (Feb 27)
Asean News Headlines as at 7pm on Saturday (Feb 27)
Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Saturday (Feb 27)
Zoom’s 400% surge propels ‘Superman’ Li Ka-shing back to the top of Hong Kong’s rich list
Li Ka-shing’s net worth jumped 20 per cent to US$35.4 billion, making him Hong Kong’s richest person, according Forbes’s latest rankingThe city’s wealthiest grew their fortunes by 7.5 per cent to US$331 billion, but more than half of them lost money because of the pandemic
Li Ka-shing gives Zoom shares to son in US$2bil stake revamp
HONG KONG: Billionaire Li Ka-shing (pic) reassigned a portion of his long-held stake in Zoom Video Communications Inc to his businessman son Richard.
He was one of Asia’s richest men, but now he’s fending off debt collectors
HONG KONG: In just five years, Hong Kong property tycoon Pan Sutong has gone from ranking among Asia’s wealthiest people to having his company’s flagship skyscraper seized by creditors chasing more than US$1bil of debt.
Hong Kong's 'shop king' struggles to sell billions in property
HONG KONG (China Daily/ANN): Hong Kong property tycoon Tang Shing-bor is seeking to offload billions of dollars of real estate after an ill-timed expansion at the top of the market.
Indian central bank likely to hold rates amid inflation
NEW DELHI: India’s central bank will likely keep interest rates unchanged for a third straight meeting as inflation stays stubbornly high and signs appear of growth beginning to return to Asia’s third-largest economy.
Billionaire Richard Li teams up with Peter Thiel
They plan to acquire one or more South-East Asian companies
Li Ka-shing cuts Husky oil risk with US$2.9bil Cenovus deal
HONG KONG: Li Ka-shing, Hong Kong’s richest man, is unwinding a bet he placed on oil more than three decades ago by paring his group’s stake in Husky Energy Inc, a Canadian asset dealing with mounting losses.
Jack Ma becomes richer than Walmart heirs with mega Ant IPO
JACK Ma, the former English teacher who co-founded Alibaba Group Holding Ltd. with $60,000, is poised to become the world’s 11th richest person after Ant Group Co. priced shares for a record initial public offering.
