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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.
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.
They plan to acquire one or more South-East Asian companies
HONG KONG: Ant Group's planned sale of up to $30 billion worth of shares is set to revive fortunes for Hong Kong Exchanges and Clearing Ltd (HKEX) which fell to fifth rank as a destination for initial public offerings (IPOs) in the first half of 2020.
BASEL: Rupert Murdoch, the entertainment and media mogul, is interested in providing capital to MCH Group AG, the company that organizes Switzerland’s Art Basel shows, Swiss newspaper Finanz und Wirtschaft reported on Saturday.
WASHINGTON: Media mogul Rupert Murdoch is on the cusp of his biggest win yet in his war against Google: a Justice Department antitrust lawsuit against the Internet giant.
PETALING JAYA: The move to allow publishers to be compensated for the use of their news content by tech giants is gaining momentum at a time when ad revenue is hammered down by the Covid-19 outbreak.
HONG KONG: Hong Kong's flagship English-language newspaper, the South China Morning Post, owned by Alibaba Group Holding Ltd, will cut senior management pay and ask staff to take unpaid leave for three weeks, a staff letter obtained by Reuters showed.
SYDNEY: Australian Associated Press (AAP) will close its news production and sub-editing businesses from June after losing its battle to compete with free online publishers, the 85-year old wire-service said on Tuesday.
LONDON (Bloomberg): The leveraging of a giant social-media presence, a catchy tune about a family of sharks and a burgeoning collection of junkyards are just a few of the curious ways that helped make 2019 a fertile year for fortunes to blossom around the world.