Poor
access to information is a major culprit in the selloff of China's
overseas-listed companies. If China hopes to limit the damage, it needs
to open up.
European
finance ministers moved toward approving a fresh quarterly installment
of Greece's bailout loan, but they remained divided over the details of
extending Greece a giant new package.
When
billionaire Wang Gongquan, one of China's most famous investors,
decided to leave his wife for his mistress, he broke the news to family
and friends -- and hundreds of thousands of strangers -- in a message
online.
Several
paid informants in a MS-13 gang probe have been accused of committing
crimes while on the government payroll, which could hinder cases against
other gang members.
Hyundai
Capital CEO Ted Chung's experience has led to fundamental changes in
the structure of the company, as well as his own thinking about how he
leads it.
While
the latest flare-up of the crisis in Europe seems like a summer repeat
from 2010, one element is conspicuously absent: doomsday forecasts for
the euro.
Prada
raised $2.14 billion in its Hong Kong IPO, pricing its shares at the
bottom of guidance in a reflection of deteriorating stock market
conditions and concerns about the Italian luxury retailer's valuation
and a potential tax charge.