In a show of commitment to a more open market, China’s central bank governor on Tuesday criticized protectionism in the country’s financial sector just hours ahead of MSCI’s decision on whether to include Chinese mainland shares to its benchmark emerging markets index. “From the experience of many countries, including our own, protections will lead to […]
Read moreBillionaire Li Ka-shing, nearly 89 years old, plans to retire as chairman of conglomerate CK Hutchison by next year, the Wall Street Journal reported on Tuesday, citing people briefed by the storied businessman. His son, Victor Li, the company’s deputy chairman, has been tapped as his successor at the conglomerate, the report said. CK Hutchison […]
Read moreIn the latest saga of the family feud dominating Singaporean politics, Prime Minister Lee Hsien Loong has announced he will be answering questions in parliament to clear the air amid abuse of power allegations. Nearly a week after his siblings publicly denounced him for engaging in dynasty politics, the PM has urged all members of […]
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