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High-stakes father-son feud rocks Singapore property giant
High-stakes father-son feud rocks Singapore property giant
by  AFP

A high-stakes father-and-son feud has plunged Singapore property giant City Developments Ltd (CDL) into turmoil, with the private boardroom dispute of one of the city-state's wealthiest families erupting into public view this week. "As a father, firing my son was certainly not an easy decision" but the stakes were "simply too high to allow reckless power grabs to destabilise the company", he said.

China signals renewed tech sector support, but concerns linger
China signals renewed tech sector support, but concerns linger
by  AFP

A simple handshake between President Xi Jinping and once-shunned entrepreneur Jack Ma sent Chinese tech stocks booming in recent weeks as it was interpreted as the latest sign the sector is being brought in from the cold -- though experts advise caution.

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