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B>TORONTO:/BA Canadian court has given Hong Kong-based businessman Victor Li a leading position in the financial rescue of Air Canada, although it also gave New York buyout firm Cerberus Capital Management LP the chance to trump Li#146;s bid with a better offer.
THE 'breaking point' that would trigger a review of the ringgit peg to the US dollar could be close as the greenback continues to weaken against other world currencies, the Malaysian Institute of Economic Research (Mier) said yesterday.
While Donald Trump basks in the popularity of his runaway hit reality TV show, 'The Apprentice,'' the auditors for his Atlantic City casino property are raising alarms over the financier's real-life debt load.
Property Talk: A weekly column by S.C. Cheah. This week he writes that Putrajaya Homes Sdn Bhd, a wholly owned unit of Putrajaya Holdings Sdn Bhd, played one of its 'trump cards' when it officially launched its latest residential development, the Putrajaya Palladium 9, recently.