Money

Rich Asian family-owned firms create more wealth

By SHAZNI ONG / Pic By TMR
Family-Owned companies in Malaysia are performing better, creating more wealth compared to those non-family owned firms, ...

Credit Suisse urged to improve money-laundering controls

By BLOOMBERG
ZURICH • Credit Suisse Group AG was given until the end of next year to strengthen its internal processes to combat money laundering as ...

Domestic telco space heats up

The spotlight is on TM that might see its dominance in the fixed-line broadband space under threat
By NG MIN SHEN / Pic By TMR File THE ...

Walking a tightrope — cost, rising living expenses and election promises

The new minimum wage will have trivial impacts towards business activities against the total cost structure
By SHAZNI ONG / Pic By ...

Hong Kong passes New York as home to the most ultra-rich people

The former British colony saw its number of ultra-wealthy increase 31% last year to about 10,000
by Alfred Liu / BLOOMBERG New York has lost its crown ...

JPMorgan sees liquidity wildcard in future

They reckon investors should pencil the next crisis in for 2020
by BLOOMBERG TOKYO • How bad will the next crisis be? JPMorgan Chase & Co has an ...

Dr Mahathir’s attacks on foreign projects spook Malaysia investors

As warning against a ‘new version of colonialism’, however, Dr Mahathir has also said he’s open to investment that benefits local companies, workers
by ...

How a family turn a barren hillside into an RM18b property empire

The Kadoories’ propensity to hang on to nurture assets allows them to amass a trove of trophy landmarks in HK
by Venus Feng & Frederik Balfour ...

When 2 films ‘save’ the entire industry

To date, both Munafik 2 and Hantu Mak Limah have crossed the RM30m mark (and still counting)
by SHAHEERA AZNAM SHAH & RAHIMI YUNUS IT FINALLY ...

How Jack Ma became the role model for China’s start-up generation

As Ma makes plans to leave Alibaba, his legacy will be an enduring one
By BLOOMBERG / Pic By TMR Hong Kong • Long before he became China’s most ...

Facebook is bingeing on Bay Area real estate

by Noah Buhayar & Sarah Frier
Since Facebook Inc arrived in Menlo Park, California, seven years ago, the town has been overrun by construction ...

Harry Potter and the BoE’s productivity policymaker

LONDON • Britain’s famous boy wizard may have the magic to revive the UK economy, according to the Bank of England’s (BoE) newest policymaker Jonathan ...