At 91, Hong Kong's second-richest man is retiring

    Hong Kong's second-richest man, Lee Shau Kee, is stepping down as chairman of Henderson Land Development, joining the ranks of the city's aging tycoons handing the reins to the next generation. The 91-year-old billionaire announced his retirement from the top post before the developer's annual meeting Tuesday. While he remains as an executive director at…

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      Could Voda fail if ACCC wins the TPG merger case?

      The Australian Competition and Consumer Commission, in opposing the proposed merger of Vodafone and TPG Telecom, has focused on the implications for competition if TPG doesn’t build the fourth mobile network. Perhaps it should have paid more attention on the implications for Vodafone if it did. As it happens, TPG, after the federal government banned…

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