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WHAT’S Berkshire Hathaway Inc without its deals? Perhaps not worth owning. That’s the calculation Bill Ackman seems to have made in choosing to exit his stake in Warren Buffett’s company, and who can blame him?
KUALA LUMPUR: The FBM KLCI bounced back to the 1,450 mark on its return from the Aidilfitri holidays, tracking Wall Street's performance as the US economy reopened and investors banked on vaccine trials.
Many business owners are changing the way they make money as they attempt to recoup revenue lost to the coronavirus outbreak.
Our columnist, who has decades of experience in tourism, voices his concerns over efforts – or the lack thereof – to revitalise the industry and help workers.
IN early 2020, New York’s luxury real estate market was finally showing signs of life. There was a large oversupply of new condos, but buyer and seller expectations – never aligned in the best of circumstances – were slowly beginning to move in tandem.
TOKYO: Oil prices advanced on Thursday as a drawdown of US crude inventories and output cuts by major producers helped ease concerns about a supply glut, though lingering fears over the global economic fallout from the Covid-19 pandemic capped gains.
BEIJING, May 21 (China Daily/ANN): Miao Wei, Minister of Industry and Information Technology, disclosed in a news briefing on Wednesday that over 40% of foreign companies in China will expand their investments in the mainland.
HONG KONG (AFP): Asian markets were mixed Wednesday (May 20) as a rally over the previous two days ran out of steam on profit-taking, with investor confidence also tempered by ongoing worries about the long-term damage that lockdowns are having on the global economy