Muddy Waters on Olam: Not changing the old ways
[Note: Temasek Holdings invested heavily in Olam.] We continue to believe that, in a world where capital is allocated to maximize economic efficiency, Olam's shares have no value. The Company has simply borrowed too much money, and then invested in projects that will not generate sufficient returns to repay its debt obligations....
China investigating state assets chief for corruption
Jiang Jiemin is the latest high-ranking official to be investigated under the banner of President Xi Jinping's corruption purge Jiang Jiemin, the recently promoted head of China's national assets regulator. Photograph: Thaier al-Sudani/Reuters (1 Sep) - China is investigating the head of its state assets regulator, a former...
Delhi gang-rape: Recreational activities for juvenile convict
Delhi (1 Sep, New Delhi): A juvenile convict, remanded to three years in a correctional home, will be watching television and playing games during his stay there. The Juvenile Justice Board had found the juvenile guilty on Saturday of raping and brutalising the para-medical student in a moving bus on December 16 last year in...
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- One George Yeo equal 10 Keechi on The Case for a Diverse and Balanced Parliament
- Voucher Aunties on A Regrettable But Understandable Outcome
- Middle on None of the PAP labour MPs rose to speak when Parliament discussed the sale of NTUC Income Insurance to Allianz
- Sltupid Sinkies! on A Regrettable Incident and a Timely Call for Reform
- Diverse,better SINGLED-MINDED on The Case for a Diverse and Balanced Parliament
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