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HK billionaire rebounds from blunders with win from Goto IPO
HONG KONG: Hong Kong billionaire Richard Li is back in the spotlight.
ESG may take a temporary backseat
ONE of the eye-popping news of this week was that of British supermarket chain Iceland reversing its ban on palm oil due to the sudden shortage of sunflower oil.
Former Goldman star recounts his lies and bribes in 1MDB deceit
NEW YORK: In a U.S. court, former Goldman Sachs GS.N partner Tim Leissner has admitted to taking US$60 million in kickbacks, lying to the bank about his corrupt deals, and twice forging divorce documents to take on new wives.
Short Position - Companies value, growing wealth 'ethically'
THERE is nothing wrong, regulation-wise, for one listed company to buy into another listed company.
Supply slowdown to affect eurozone GDP
ZURICH: The eurozone’s final spurt of growth before logistics logjams and surging gas prices stunt its momentum will be on display in data this week.
NZ central bank seen holding rates
WELLINGTON: New Zealand’s central bank will leave monetary policy unchanged this week but could start to raise rates later this year, according to a Reuters poll, following recent data that showed rising inflationary pressures and a tightening labour market.
World’s billionaire factory shudders as China cracks down
The age of unfettered gains for China’s ultra-rich now appears to be coming to an abrupt end.
Building resilience, transformation crucial for Malaysia, HSBC says
KUALA LUMPUR: Malaysia is primed to be a major beneficiary of European and UK investment but greater adaption and adoption of trade, sustainability, technology and digital trends and reform are required to convert this potential into reality, HSBC said at a global client seminar.
Retail investors learn to love the crypto rollercoaster
NEW YORK: When Brjánn Bettencourt rolled out of bed on Wednesday morning to find the assets in his cryptocurrency portfolio slammed in their biggest selloff in years, he knew exactly what to do: buy more.
