Will another former city leader in HK fall from grace?
Leung Chun-ying's crisis is edged out of spotlight but escalates as legislators attempt to impeach him and anti-graft body launches new probe
Hong Kong
HONG Kong's embattled chief executive Leung Chun-ying might be secretly thanking the White House and the former occupants of a home along Singapore's Oxley Road.
The political drama these past weeks swirling around the investigation into possible obstruction of justice by US President Donald Trump that could raise the odds of him being removed from office and the public tussle between members of Singapore's first family have dominated international news, including Hong Kong media.
The South China Morning Post, for instance, chose to run its Saturday editorial on how "Singapore's image is at stake in bitter family feud", positing that it is "essential for Prime Minister Lee Hsien Loong to address the allegations by his younger brother and sister that have cast a shadow over the Lion…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Norway's wealth fund posts US$109 billion Q1 profit as tech stocks soar
Norway wealth fund backs NatWest plan to buy more state-owned stock
Japanese firms agree on 5.2% pay raise, biggest union group Rengo says
Singapore ready to harvest economic opportunities in the Philippines: Vivian Balakrishnan
Australia regulator flags surge in company insolvencies to 11-year high
Elon Musk stakes fortune on cult following who made him rich