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Thailand’s $3.2 billion future fund delayed by spat over costs

Bloomberg Thailand’s planned 100 billion baht ($3.2 billion) infrastructure fund is embroiled in a court dispute over costs, threatening to further delay its listing. A labour union claims it would be cheaper to use borrowings by Expressway Authority of Thailand, a state entity, to pay for road projects due to be financed via the Future Fund, according to Ekniti Nitithanprapas, ...

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Oasis boss bets on Japan’s game scene

Bloomberg Competitive gaming in Japan has found a champion: hedge fund boss Seth Fischer. The chief investment officer of Hong Kong-based Oasis Management Co., which owns more than $1 billion in Japanese securities, said esports is now among his top five investment themes for Japan. He has started buying stocks of game publishers like Capcom Co. and Square Enix Holdings ...

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Luxury-car ranks upended as Genesis tops Germany’s stalwarts

Bloomberg In the pantheon of luxury carmakers, Hyundai Motor Co. doesn’t usually come to mind. But the Korean company’s Genesis line beat out German rivals to be named 2018’s best car brand in the US by Consumer Reports. In its debut year, Hyundai’s luxury line bumped Volkswagen AG’s Audi from top billing to the No. 2 spot, with premium mainstays ...

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