Bloomberg Business

Singapore PM Lee’s Estranged Brother Weighs Presidential Run

The estranged younger brother of Singapore Prime Minister Lee Hsien Loong is considering a run for the largely ceremonial role of president this year, a sign that an ongoing family feud could start to overshadow the city-state’s politics.

Court Blocks K-Pop Agency SM’s Share Sale to Kakao

A South Korean court blocked SM Entertainment Co.’s planned share sale to internet giant Kakao Corp., scuppering the company’s favored plan and opening the door to a takeover of SM by BTS label Hybe Co.

SoftBank’s Son to Join Modi at Oyo Founder’s Wedding Gala

SoftBank Group Corp. founder Masayoshi Son will join India’s prime minister and Asia’s richest man at the wedding of Oyo founder Ritesh Agarwal next week, a rare social outing for a billionaire whose ties to the country run deep.

Billionaire Del Pino’s Dutch Move Draws Spanish PM’s Anger

Rafael del Pino, the billionaire chairman of builder Ferrovial SA, became the latest businessman publicly criticized by Spanish Premier Pedro Sánchez after announcing plans to move his company’s headquarters to the Netherlands.

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