George Hongchoy Kwok-lung has announced his retirement as CEO of Hong Kong-based Link Asset Management, ending a 16-year tenure amid mounting controversy over his pay package and recent lay-offs. Hongchoy, 63, would ensure a smooth transition at Link as it embarked on a search for his successor, Asia’s largest real estate investment trust said early…
The Hong Kong Science and Technology Parks Corp (HKSTP) has appointed Terry Wong Ping-sau as CEO, refreshing its top spot after nine years to drive the organisation forward amid advances in technology. Wong be replacing Albert Wong Hak-keung on August 1, the company said in a statement on Monday. He will bring 30 years of…
BEIJING CEO of Nvidia Jensen Huang, seen on screen, delivers a speech on stage during the opening ceremony of the third China International Supply Chain Expo, in Beijing, Wednesday, July 16, 2025. (AP Photo/Andy Wong) Nvidia CEO Jensen Huang called China‘s open-source artificial intelligence a “catalyst for global progress” and hailed the country’s innovation in the…
Berkshire Hathaway’s investors may be looking at the stock and wondering if the “Buffett premium” is real — and disappearing before their eyes. The “premium” refers to the long-standing view that Berkshire stock trades at a premium because of Warren Buffett’s legendary stock-picking skills, dealmaking prowess, and shrewd management, which saw him transform a failing…
Linda Yaccarino, the chief executive of social media site X, said Wednesday that she’s stepping down from her role after two years at the company. “When @elonmusk and I first spoke of his vision for X, I knew it would be the opportunity of a lifetime to carry out the extraordinary mission of this company,”…
Elon Musk announced the formation of his new political party a day after conducting a poll on his social media platform, X. But this isn’t the first time Musk has outsourced his decision-making to social media. The Tesla and SpaceX CEO has conducted several polls on X over the years. Musk has asked users whether…
On Monday, Kering appointed a new CEO, Luca de Meo, who will join from carmaker Renault in September. The hope is that his experience from outside of the fashion industry could provide a welcome shake-up for the struggling conglomerate. Should other industry players follow suit? “To prepare this new step of our development, we need…
The founder and former CEO of a US-based e-commerce firm was charged with making false claims about his company’s artificial intelligence (AI) technology when he actually employed human workers at a call center located in the Philippines. Saniger misled investors and the public about the AI in his Nate shopping app.(Screengrab LinkedIn/@Albert Saniger) Albert Saniger,…
Elon Musk‘s wealth dropped below $300 billion on Monday for the first time since last year, as the impacts of recent Tesla backlash and sweeping new tariffs collided. The richest man in the world was worth $298 billion as of market close Monday, according to the Bloomberg Billionaires Index. Since the beginning of the year,…
Protecting your finances amid economic uncertainty WESH 2’s Meredith McDonough and Jason Guy discuss how President Donald Trump’s newly imposed tariffs may impact the U.S. economy, stock market Updated: 10:44 AM EDT Apr 4, 2025 MONTH, A TIME DEDICATED TO PROMOTING FINANCIAL EDUCATION AND EMPOWERMENT, AND NOW FEELS LIKE A VERY IMPORTANT TIME, MAYBE MORE…