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PORTRET: Iosif Sava – un aristocrat al muzicii, un jurnalist generos, un interlocutor perfect – Radio România Cultural
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Billionaire says he will give millions to health workers if Concord Pacific pays in epic legal battle Yvette Brend © Yvette Brend/CBC News Hong Leong Oei at 72 is active making deals and fighting court battles over a piece of property he bought in Vancouver in 1989 as a long-term investment. The Plaza of Nations Land is now valued upwards of $600-million.
Singapore-based billionaire Hong Leong Oei says a recent court order awarding him millions of dollars sends a message about the dangers of giving misleading testimony in B.C. courts and for him, that s worth more than the cash.
If he ever collects the $5-million award, he plans to donate it to front-line medical staff fighting COVID-19.
as suzanne pratt reports, the selling may be more than one-day indigestion. reporter: wall street s big reaction to europe s elections came a day later than expected. perhaps it s the time change, or more likely worries heating up about greece. in particular, u.s. investors wondered today exactly who s in charge in greece. europe s instability is a serious threat to america s fragile economy and corporate profits. some market pros say today s sell-off could be the start of a small correction. i don t think there s a tremendous risk in the market. we actually know all the potential negatives. we know what can go wrong. but i think the quicker it happens, the less far it has to fall. reporter: the upside of europe s troubles for investors is a renewed flight to quality, straight into u.s. bonds. it continued today as treasury prices rose, pushing yields to three-month lows. the appetite for u.s. government debt is nothing new, but there are doubts about how long the rally
as suzanne pratt reports, the selling may be more than one-day indigestion. reporter: wall street s big reaction to europe s elections came a day later than expected. perhaps it s the time change, or more likely worries heating up about greece. in particular, u.s. investors wondered today exactly who s in charge in greece. europe s instability is a serious threat to america s fragile economy and corporate profits. some market pros say today s sell-off could be the start of a small correction. i don t think there s a tremendous risk in the market. we actually know all the potential negatives. we know what can go wrong. but i think the quicker it happens, the less far it has to fall. reporter: the upside of europe s troubles for investors is a renewed flight to quality, straight into u.s. bonds. it continued today as treasury prices rose, pushing yields to three-month lows. the appetite for u.s. government debt is nothing new, but there are doubts about how long the rally
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