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Scott Bessent, known for his role in the 1992 Bank of England crisis while working with George Soros, has been chosen to lead the Treasury Department. His extensive hedge fund experience, including a successful bet against the Japanese yen, is seen as a key qualification.
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News and Media
C2C Advanced Systems' IPO grey market premium dropped to about 40% after SEBI intervened, prompting a listing postponement and a withdrawal option for investors. Sebi's action follows concerns and requires an independent audit of the company's financials. The IPO, initially subscribed nearly 96 times, faces scrutiny similar to Trafiksol ITS Technologies earlier this year.
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News and Media
Ajahn Siripanyo, heir to a billion-dollar fortune, chose a spiritual path. He left his lavish life to become a Buddhist monk. Siripanyo's father, a Malaysian business tycoon, respects his son's decision. The monk lives a simple life at a monastery on the Thailand-Myanmar border. He occasionally visits his family and embraces his former lifestyle temporarily.
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News and Media
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