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China’s richest entrepreneurs attending ‘two sessions’ have seen wealth grow 68 per cent on average last year, Hurun says
Top billionaires at annual parliamentary meetings are worth more than Hong Kong’s 2020 GDP at current market pricesVictor Li Tzar-kuoi of CK Holdings and Peter Lee Ka-kit of Henderson Land among top billionaires
Biggest players in short-selling are getting a pass
Given the popular belief that short sellers create unjustified losses in some stocks, why would shareholders want to supply the ammunition for attacks against their investments?
Lebanon's caretaker PM pleads for a new government as protests continue
BEIRUT (Reuters) - Lebanon's caretaker Prime Minister Hassan Diab threatened on Saturday to stop performing his duties to pressure politicians to form a new government, citing an incident in which shoppers fought over milk to illustrate the parlous state of the economy.
Mixed indications to pressure ringgit performance next week
The ringgit performance next week will be determined by oil prices, as well as the movement of US Treasury yields, said Axi chief global market strategist Stephen Innes.
Bursa Malaysia likely to trade higher next week
The FBM KLCI is likely to trade higher next week on the back of energy and finance counters due to stronger oil prices and Bank Negara Malaysia’s decision to keep the Overnight Policy Rate (OPR) at 1.75 per cent, according to an analyst.
China’s richest entrepreneurs attending ‘two sessions’ have seen wealth grow 68 per cent on average last year, Hurun says
Top billionaires at annual parliamentary meetings are worth more than Hong Kong’s 2020 GDP at current market pricesVictor Li Tzar-kuoi of CK Holdings and Peter Lee Ka-kit of Henderson Land among top billionaires
Texas grid operator made $16bil price error during winter storm, watchdog says
Power grid operator Electric Reliability Council of Texas (ERCOT) made a $16 billion pricing error in the week of the winter storm that led to power outages across Texas, Potomac Economics, which monitors the state's power market, said
CPO futures to see quiet trading next week
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to see a quiet trading next week due to weaker export sentiment, a dealer said.
Antivirus software pioneer McAfee charged by U.S. with cryptocurrency fraud
NEW YORK/WASHINGTON (Reuters) - John McAfee, the antivirus software pioneer whose former company still bears his name, has been indicted on fraud and money-laundering conspiracy charges stemming from two cryptocurrency schemes, the U.S. Justice Department said on Friday.
Oil surges after OPEC+ holds cuts, strong US jobs growth
NEW YORK: Oil prices jumped about 3% on Friday, hitting their highest levels in more than a year, following a stronger-than-expected U.S. jobs report and a decision by OPEC and its allies not to increase supply in April.
