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Li Ka Shing has reclaimed his crown as Hong Kong’s richest individual. The 92-year-old Li, known locally as “Superman” for his deal-making prowess, unseated property tycoon Lee Shau Kee after his net worth jumped 20 per cent to US$35.4 billion (S$47 billion) this year, according to Forbes Asia. Li has benefited from his stake in the US-listed videoconference provider Zoom, whose shares surged nearly 400 per cent last year, shielding him from the 27 per cent drop in the share price of CK Asset Holdings, the property arm of his business empire. Li owns a 6.6 per cent stake in Zoom, according to Bloomberg Billionaires Index, and is credited with a 35.77 per cent stake in his Hong Kong-listed flagship CK Asset. Henderson Land’s Lee, who stepped down as chairman of the property developer in May 2019 and handed over responsibilities to his two sons Peter Lee Ka Kit and Martin Lee Ka Shing, saw his wealth remain relatively unchanged at US$30.5 billion. The only other time Lee topped the … [Read more...] about Zoom’s 400 per cent surge propels ‘Superman’ Li Ka-shing back to the top of Hong Kong’s rich list

Rahul Vaidya gets a surprise visitor on Valentine's Day. The last Weekend Ka Vaar episode kicks off with Salman Khan gracing the stage and announcing that the grand finale of Bigg Boss 14 will take place next week. Salman then discusses the Ticket to Finale task. He lauds Rubina Dilaik and Nikki Tamboli for playing the game well and for supporting each other. Rakhi Sawant is praised for her efforts for wanting to reach the finale. Salman asks Rahul Vaidya and Aly Goni why they bully Rakhi, and the former gets aggressive while defending himself. Salman indirectly taunts him and tells Rahul to calm down. Next, Salman fires Vindu Dara Singh for not demotivating Rakhi despite being his connection. Khan also pulls up Aly for being rude to Jasmin Bhasin and showcasing her in bad light. Goni tries to defend himself but in vain. The top six contestants are asked to rate themselves. This leads to a heated discussion, and ultimately Rubina gets ranked at … [Read more...] about : LOVE is in the house!

Regine Velasquez and Nick Lachey. Image: Facebook/@reginevelasquezalcasid, Instagram/@nicklachey Asia’s Songbird Regine Velasquez does not have to prove herself to anyone, but a flash of ego could get her riled up, she recently admitted in an interview. The singer got candid about the time she upstaged American boy band singer Nick Lachey on the online show “Brightwin Ninangs” last Thursday, Feb. 18. Velasquez recalled meeting the boy band 98 Degrees and confessed that she was unimpressed with Nick. “Iyang si Nick Lachey, nuknukan ng yabang. Nuknukan ng yabang! (Nick Lachey has the biggest ego. The most huge ego!)” she exclaimed. She described his bandmates Drew Lachey (Nick’s brother), Jeff Timmons and Justin Jeffre as “really cool.” “Siyempre, medyo oriental ang hitsura ng lola mo so nagagandahan sila sa akin, di ba? Lumalandi-landi ng ganoon nang very light,” she recalled. “Iyong Nick Lachey, ang salbahe!” (Of course, my features are kind of oriental so they … [Read more...] about Regine Velasquez admits singing over Nick Lachey because of his attitude: ‘Nuknukan ng yabang’

SINGAPORE: Transport Minister Khaw Boon Wan on Thursday (Jul 23) said he has been admitted to an isolation ward after his temperature "shot up", ahead of a signing ceremony to finalise the Rapid Transit System (RTS) Link project between Singapore and Malaysia. Mr Khaw, who had announced his retirement before the recent General Election, said he did not expect to leave politics as a patient. "I started my career in the Health Ministry. After 42 years, I would not expect to exit the stage in bed as a patient!" he said in a Facebook post. The minister said he had been preparing his office for his successor. "Could not have imagined being admitted to an isolation ward for observation! Everything was going well; I have finalised the RTS (Rapid Transit System) negotiations and was looking forward to the ceremony!" said Mr Khaw. READ: JB-Singapore RTS Link project signing ceremony to be held on Jul 30, says Malaysian transport minister "Then my temperature shot up." He … [Read more...] about Transport Minister Khaw Boon Wan admitted to isolation ward after temperature ‘shot up’

HONG KONG: Living in one of the most expensive cities, Lam Ka Yuen keeps asking himself if he can survive the COVID-19 pandemic. With no promise of a decent job, his worries are growing with each passing day. “I have a lot of expenses, like rent, bills and tuition fees for my daughter … I had to use my savings,” said the 54-year-old single father. “Every day, I worry about paying rent … about what the landlord would think if I can’t afford the rent. And if it’s late, then it might be increased next year. It’s the most stressful part for me.” For the poor in Hong Kong like him, the fourth wave of infections that began recently — with new restrictions taking effect from yesterday — could possibly be calamitous. At the least, the coming weeks will be crucial. If the latest surge lasts “quite a while — not just one month or half a month”, it would create “quite a problem”, said Associate Professor Wong Hung from the Chinese University of Hong Kong’s Department of Social Work. … [Read more...] about Fear, uncertainty and the grim face of poverty in Hong Kong with COVID-19