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AirAsia doesn’t need a doctorate in the house

Samsonite International SA Chief Executive Officer Ramesh Tainwala resigned this month after a short seller highlighted issues with how he’d presented his educational history. Investors in AirAsia Bhd. should take notice. After all, co-founder Tony Fernandes is another notable Asian CEO who’s not been shy of boasting academic credentials that are less than they first appear. At a time when ...

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US stocks pare losses as oil rally gives a lift; dollar steady

Bloomberg US stocks shook off the worst of their losses as oil rose before a key OPEC meeting this week. Equities declined in Europe and Asia amid concern over the escalating protectionist standoff between China and the US. The S&P 500 came off its lows of the day as energy shares advanced along with software makers. The Stoxx Europe 600 ...

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SGX, India stock futures to continue as dispute drags on

Bloomberg Singapore Exchange (SGX) and National Stock Exchange of India Ltd. will remain partners for a little longer than both anticipated. An arbitrator deciding on a quarrel between the exchanges over Indian stock futures contracts ordered them to extend their licensing agreement beyond August, and for at least two months after the end of arbitration. It ordered SGX to refrain ...

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