[ad_1] Swire Pacific Ltd. has become the second notable Hong Kong company to announce plans to offload assets in as many days as part of efforts to reduce debt in…
Tag: Tycoons
Hong Kong Bankers’ Uneasy Dance With Property Tycoons
[ad_1] Hong Kong dazzles with its soaring skyscrapers and swanky shopping malls, and the city has its bankers to thank. Over the years, landlords routinely relied on banks to finance…
Jimmy Lai: Hong Kong pro-democracy media tycoon’s trial begins
[ad_1] His case has drawn international uproar and is seen as a test of Hong Kong’s judicial independence. [ad_2] Source link
Gautam Singhania: Domestic abuse claims threaten India tycoon’s fortune
[ad_1] “Close to 96% of the net worth of the promoters of India’s wealthiest families is parked in trusts,” said Rishabh Shroff, partner at Cyril Amarchand Mangaldas, a Mumbai law…
Austrian property tycoon’s troubles rattle investors
[ad_1] VIENNA: The Austrian property group that co-owns New York’s iconic Chrysler building has warned of an imminent “restructuring” that has cast a spotlight on several precarious projects – and…
Indonesia Tycoons in Battle to Buy $3 Billion Tissue Brand Vinda
[ad_1] Two Indonesian tycoon families are battling it out to gain a stake in one of China’s top tissue brands. Asia Pulp & Paper Co., an arm of the late…
Abu Dhabi Lures Russian Steel Tycoon’s Holdings Away From Cyprus
[ad_1] Vladimir Lisin has transferred his stakes in Russia’s biggest steelmaker and a rail freight operator to companies registered in Abu Dhabi, the latest example of a billionaire shifting assets…
Dubai’s DP World in talks for Hong Kong tycoon’s logistics firm, sources say
[ad_1] DP World is in talks to acquire Cargo Services Far East Ltd. from Hong Kong tycoon John Lau as the Dubai port operator seeks to expand in Asia, according…
Oxford college in name change for cash deal ‘warned about Vietnamese tycoon’s business dealings’
[ad_1] An Oxford college which agreed to be renamed after a Vietnamese businesswoman in exchange for a donation which never materialised was told over a year ago about concerns over…
FLASHBACK: The seven business tycoons, multimillionaires in Ghana worth knowing
[ad_1] A photo collage to represent the story Ghana is an investment and business-dominated destination and home to 110 multimillionaires and 2,800 high-net-worth individuals. Here is a list of seven…