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Finance & Markets

The Two Cities Fighting for Asia’s Cash Crown

Hong Kong and Singapore are locked in a fight for Asia’s billionaires and fund managers. Now, with an IPO boom and Mainland China’s backing, Hong Kong is making a move with tax exemptions on carried interest. (Source: Bloomberg)

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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SpaceX Tesla Merger: Elon Musk Just Called it a Good Idea

A SpaceX-Tesla merger is officially under discussion. Whether it makes sense for shareholders will come down to the price and the terms.

  • Elon Musk suggests SpaceX-Tesla merger is a good idea.
  • Special committees formed to explore merger possibility.
  • Musk cannot participate due to conflict of interest.

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