The apology from Goldman Sachs Group Inc's boss to Malaysians is "not enough", says Finance minister Lim Guan Eng, adding that what matters is the US$7.5 billion (RM30.87 billion) compensation.
"At least he (Goldman Sachs chief executive officer David Solomon) has accepted that they have to show some responsibility, but that apology is insufficient. Necessary, but not sufficient," Lim told a press conference here today.
Fresh from an $8.8 billion profit last year, much-maligned Chinese tech giant Huawei is touting yet more growth. The firm said today that revenue in the first quarter of 2019 grew 39 percent year-on-year to reach $26.78 billion, or 179.7 billion CNY. The company claims it is owned by its employees — although a recent […]
The two authors, Michael J. Casey and Paul Vigna, have infused The Age of Cryptocurrency with a sense of cautious optimism They say the best journalists are cautious optimists. Idealists find themselves either unable to see the faults, or they get taken for a ride by their subjects. Cynics, they say, miss stories by being […]
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