JILL CONNELLY / EPA-EFE / Shutterstock.com Jeff Bezos made his fortunes with Amazon, but the billionaire also diversified into other companies, putting a lot of capital into early-stage startups. Some of them went bust, but others have returned his investment many times over. He was one of the first investors in leading companies like Google, Twitter, Airbnb and Uber. I’m a Financial Advisor: 4…
Mar 13, 2025 US Investment Firm Ares Management Targets Debt of Hong Kong Developer New World Ares Management Corp., a US-based alternative investment manager, has approached several banks to acquire debt issued by Hong Kong developer New World Development Co. (source). Attempts by Ares to purchase the debt at a discount align with the company’s…
In This Story After a hectic earnings week and ongoing tariff war, March kicks off with a select group of earnings reports, with a strong focus on the AI and retail sectors. Nvidia’s record earnings reveal just 3 customers make up 30% of revenue Here’s a look at what investors should watch in the days…
The Trump administration took aim at China with a series of moves involving investment, trade and other issues that raises the risk ties may soon worsen between the US and its top economic rival. The Trump administration targeted China with a number of trade, investment, and other policies that increase the likelihood that relations between…
Hong Kong will follow a strategy of “fiscal consolidation”, with the government “strictly controlling” public spending to address the deficit even as it seeks to improve services related to residents’ livelihoods, the finance chief has said. Three days before he is set to deliver his 2025-26 budget speech, Financial Secretary Paul Chan Mo-po on Sunday…
Nissan shares rose 11% on Friday after reports emerged that a Japanese group, including former Prime Minister Yoshihide Suga, plans to approach Tesla for a potential investment in the automaker. The proposal follows the failure of Nissan’s merger talks with its rival Honda, seen as a bid to catch up with Tesla and Chinese companies…
Hong Kong – Sun Life and the Basketball Association of Hong Kong, China (BAHKC) have signed a three-year, HK$10 million partnership to support athletes, promote basketball, and enhance community engagement. As part of the initiative, Sun Life will provide medical and accident insurance for Hong Kong basketball team members and fund a scholarship program for…
Feb 13, 2025 The family of Ma Ah-muk, a renowned minibus tycoon, is set to divest from select floors of The Center, a towering 73-storey skyscraper in Hong Kong’s Central business district. This move comes amid escalating high interest rates which have prompted many investors to offload property assets at discounted prices. For further details…
By Michael Martina and Alexandra Alper WASHINGTON (Reuters) – Legislation to curb U.S. investment in China will be reintroduced in Congress, the chair of the House of Representatives’ select committee on China said on Tuesday, adding that the bill’s failure to pass into law last year was not due to opposition from billionaire Elon Musk….
France’s AI champion Mistral AI is a French political darling, with French President Emmanuel Macron greeting its free application for its Le Chat chatbot last week with an enthusiastic post, declaring “vive Le Chat!” The French government has also stepped up its support for the flagship startup with a series of contracts. Over the past…