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Business

WSJ investigation: China offered to bail out troubled Malaysian fund in return for deals

The secret discussions show how China uses its political and financial clout to bolster its position overseas

Business

Ofo’s dramatic fall a warning to tech investors

SHANGHAI: On the sidewalks of Shanghai and Beijing, once bright-yellow Ofo bicycles lie in varying states of disrepair – chains unhooked, wheels buckled and paint starting to fade – reflecting the quick rise and sharp fall of the Chinese bike-sharing startup.

Business

Not being aware of 1MDB’s shenanigans is inexcusable

IT is increasingly difficult to describe Low Taek Jho, aka Jho Low, as a fugitive businessman because his business, as alleged by the US Department of Justice (DoJ), seems to be coming up with schemes to divert funds due to 1Malaysia Development Bhd (1MDB).