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Tuesday, February 2, 2016
Tycoon. Corporate bigwig. Dealmaker. These are among the terms used to describe John Soh Chee Wen, 56, the Malaysian businessman labeled by the authorities as the "probable mastermind" behind what is arguably Singapore's biggest and most complex fraud case in recent years.
I've survived worse: penny stock crash businessman
Two major global banks, Barclays and Credit Suisse, are paying a combined US$154.3 million to settle government investigations that they misled clients about being able to safely trade on their "dark pool" financial exchanges, the U.S. Securities and Exchange Commission and the New York Attorney General's office said Sunday.
Monday, February 1, 2016
Hon Hai chair confident in Sharp takeover bid
Hon Hai Precision Industry chairman Terry Gou (郭台銘) expressed confidence Sunday that his offer to buy out Japan-based Sharp is better than competing bids.
The chairman of Hon Hai Precision Industry Co. (鴻海), the world's largest contract electronics maker, predicted Sunday that his company's shift toward advanced technologies, such as big data and smart robots, will begin to show results this year.
Silver Linings Global striving to advance senior care islandwide
Thanks to advancements in technology, human life expectancy has grown from 50 years in the early twentieth century to 80 years today. However, people are not necessarily prepared knowledge-wise for how to manage this extra 30 years of lifespan.
Sunday, January 31, 2016
Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電), the world's largest contract chip maker, doled out the highest average pay to its directors for 2014 of any company listed on Taiwan's stock market, the Taiwan Stock Exchange (TWSE) said Saturday.
Taiwan-based electronics giant Hon Hai Precision Industry Co. (鴻海) is raising its bid to buy Japan's financially troubled Sharp Corp., showing the Taiwanese firm's determination to cut a deal, according to international business wires.
Xerox reported its 15th consecutive quarter of declining sales on Friday and announced plans to split the company into two businesses.
American Airlines reported a record profit for the fourth quarter and all of 2015 as a sharp drop in fuel prices more than offset lower revenue.
Facebook says it's cracking down on online gun sales, announcing Friday a new policy barring private individuals from advertising or selling firearms on the world's largest social network.
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