Warren Buffett

25 Feb 2013

Happy days are here again for equity investors. That's the message from a growing number of folk in the investment business, and they are putting their money where their mouths are.

FBI investigating potential insider trading in Heinz

20 Feb 2013

The FBI is looking into possible insider trading in the options of ketchup maker HJ Heinz before its blockbuster deal last week to be acquired by Warren Buffett and Brazil’s 3G Capital, a bureau...

Government could save lives by raising cigarette taxes

19 Feb 2013

Readers may know that Hong Kong's poor air quality has accounted for an average of 3,200 premature deaths over the past five years. The government is finally making noises about doing something...

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A Good Week for ... , February 17, 2013

17 Feb 2013

The Jockey Club's Lunar New Year celebration smashed all records for the occasion as crowds packed Sha Tin racecourse on Tuesday.

Billionaires Buffett and Jorge Paulo Lemann buy Heinz for US$23b

15 Feb 2013

Buffett's Berkshire Hathaway conglomerate and Lemann's buyout firm 3G Capital, will pay US$72.50 a share, a 20 per cent premium over Wednesday's closing price of US$60.48.

Opinion

Wang Xiangwei

Super ministries may not be the right answer for mainland China

Alex Lo

Church developers remain unbowed by government rules

George Chen

A house is not a home until it becomes affordable

Warren Buffett's son Howard gets ready for lead role

Howard Buffett said following his billionaire father, Warren, as chairman of Berkshire Hathaway would require upholding practices that have been prized for decades as the company grew to US$240...

2012: How Wall Street got it wrong

From hedge fund manager John Paulson's call for a collapse in Europe to Morgan Stanley's warning that US stocks would decline, Wall Street got little right in its prognosis for the year just ended...

The Week Explained: Insider buy-backs

Directors of listed Hong Kong companies have been increasing the purchases of their own shares after a lull in this kind of activity earlier in the year. Also, rather intriguingly, Berkshire...

BYD tumbles after posting sharp decline in Q3

BYD, the Chinese automaker partly owned by billionaire Warren Buffet, slumped on Tuesday after it posted a sharp decline in net profit for the third quarter. The stock fell by 5.35 per cent to HK$...

Buffett isn't really a sage, and Soros is no philosopher

These days Soros has become more of a philosopher and philanthropist, giving away US$8 billion to good causes. In his new role he brings decades of understanding about economies, currencies and...

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BYD: A sinking ship?