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Crazy rich Asians are stingier than peers in North America, Europe

The report said the region’s population of ultra high net worth individuals (UHNWIs) with at least US$30 million of assets gave away a combined US18.8 billion or 0.19% of their fortune to charities in 2018 while their North Americans and Europeans counterparts parted with 0.65% and 0.56%, respectively.

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Najib: I did not micromanage MoF Inc companies

He was reading out his witness statement in the High Court yesterday, where he also refuted earlier testimonies saying that he would give directions to the board through SRC’s former chief executive officer and managing director Nik Faisal Ariff Kamil, who was the sole link between the two parties.

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S&P Global downgrades Genting Bhd's credit rating

In a note today, S&P Global Ratings said it believes Genting Bhd will support the outstanding debt at newly-acquired Empire Resorts Inc to maintain its brand and reputation, even as it expands its Singapore and Las Vegas properties.

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20 years and still no titles

The predicament is faced by 98 unit owners of Cluster 8 and about 1,746 units of landed and high-rise homes in Cluster 9 and two apartments in Ruvena Villa and Rosana Villa. 

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