Recent Posts

Indian tycoon Mallya fights UK extradition

Bloomberg Former Indian billionaire Vijay Mallya returned to a London court to fight extradition to his home country to face fraud and money-laundering charges. The tycoon’s lawyers said at a hearing that a previous ruling to send him back to India ignored evidence and simply misunderstood the circumstances that ultimately led to the collapse of Kingfisher Airlines Ltd in 2012. ...

Read More »

Coronavirus infections on Japan ship hit 174

Bloomberg Rising infection cases on board a quarantined cruise ship in Japan — likely evidence passengers are spreading the virus to one another — is raising concerns about their safety and sparking anger among the thousands still confined. There are now 174 infections aboard Carnival Corp’s Diamond Princess, the largest infection cluster outside China. The surging numbers are fueling concerns ...

Read More »

Hong Kong landlords start to slash retail rents as virus bites

Bloomberg Hong Kong’s biggest landlords have begun to slash rents for their commercial tenants as retailers struggle amid the spreading coronavirus. Sun Hung Kai Properties Ltd, the city’s largest developer by market value, will reduce rents for February by 30% to as much as 50% for some of its mall tenants to help them ride out the impact from the ...

Read More »
Send this to a friend