Tiger Woods was named vice chairman of the newly-formed PGA Tour Enterprises as a 13-member board was announced on Wednesday. The PGA Tour Enterprises board will focus on “fan engagement and growth, as well as developing new media, sponsorship and commercial opportunities,” according to a release from the PGA Tour. In addition to Woods, active … Read more
BEIJNG, CHINA – NOVEMBER 13: Illuminated skyscrapers stand at the central business district at sunset on November 13, 2023 in Beijing, China. (Photo by Gao Zehong/VCG via Getty Images) Vcg | Visual China Group | Getty Images China’s Cabinet on Wednesday appointed markets veteran Wu Qing as chairman of the China Securities Regulatory Commission, state … Read more
Samsung Executive Chairman Jay Y Lee, second from left, was considered to be held back in taking a more active role in the company from the trial. Image: Samsung Samsung Electronics Executive Chairman Lee Jae-yong, also known as JY Lee, was acquitted of stock manipulation and accounting fraud by a South Korean court on Monday … Read more
HONG KONG — The former chairman of state-owned Chinese bank China Everbright Group has been arrested on suspicion of embezzlement and bribery, prosecutors said in a statement Monday, amid an intensified campaign against corruption. The investigation into Tang Shuangning, the former party secretary and chairman of China Everbright Group has ended and the case would … Read more
The company logo for Taiwan Semiconductor Manufacturing Company is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2023. Brendan Mcdermid | Reuters Taiwan Semiconductor Manufacturing Company Chairman Mark Liu plans to retire in 2024, the company said in a statement Tuesday. “Chairman … Read more
TALLAHASSEE, Fla. (AP) — The Republican Party of Florida suspended Chairman Christian Ziegler and demanded his resignation during an emergency meeting Sunday, adding to calls by Gov. Ron DeSantis and other top officials for him to step down as police investigate a rape accusation against him. Ziegler is accused of raping a woman with whom … Read more
Former Pakistan all-rounder Shahid Afridi has hit out at Zaka Ashraf after the news anchor who displayed Babar Azam’s private chat on TV claimed that that the Pakistan Cricket Board (PCB) chief told him to do so. A massive controversy erupted in Pakistan after the national cricket captain’s private chat with a high-ranking PCB official … Read more
China Evergrande Group’s logo is displayed on a phone screen in this illustration photo taken on September 27, 2021. Jakub Porzycki | Nurphoto | Getty Images A day after China Evergrande’s shares were suspended in Hong Kong, the beleaguered Chinese property firm revealed that its director and executive chairman is under scrutiny over suspected crimes. … Read more
Comment on this storyComment It’s been a terrible week in Chinese real estate giant Evergrande’s battle to shake its reputation as the Lehman Brothers of China’s struggling economy — a comparison it has been trying to avoid since 2021, when it defaulted on $330 billion in debt and sent shock-waves through global markets. It started … Read more
Shares of Evergrande were suspended on Thursday, Hong Kong’s exchange announced. Seen here are residential buildings under construction at the Tao Yuan Tian Jing project, developed by China Evergrande Group, in Yangzhou, China. Bloomberg | Getty Images Shares of China Evergrande Group were suspended on Thursday, Hong Kong’s exchange announced. The chairman of the embattled … Read more