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Bezos dethrones Musk to reclaim title of world's richest man
Bezos dethrones Musk to reclaim title of world's richest man
by  AFP

Amazon founder Jeff Bezos took back his spot as the world's richest man on Monday, dethroning Elon Musk on the Bloomberg Billionaires Index. Bezos, who no longer runs Amazon, has meanwhile benefited from the ecommerce giant's rising stock price.

Vietnam property tycoon on trial in $12.5 billion fraud case
Vietnam property tycoon on trial in $12.5 billion fraud case
by  AFP

A top Vietnamese property tycoon went on trial Tuesday along with dozens of others, accused of embezzling $12.5 billion in the country's biggest ever fraud case. Other top business leaders targeted in the anti-corruption drive -- and accused of massive fraud -- include Truong Quy Thanh, the head of soft drink giant Tan Hiep Phat Group.

Asian markets mostly down as China sets 5% growth goal
Asian markets mostly down as China sets 5% growth goal
by  AFP

Asian markets largely fell on Tuesday after China set a five percent annual growth target and Wall Street shares dropped ahead of the release of key US economic indicators. In China on Tuesday, leaders set a 2024 growth target of five percent, in line with last year's GDP gains but well off the double-digit expansion that for years drove the world's second-largest economy.

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