ISTANBUL—Turkey froze the assets of 770 Turkish nationals and a Chicago-based foundation, according to a decision published Friday in the country’s official gazette. The list of targets includes 454 people with alleged links to Muslim cleric Fethullah Gulen, who lives in the United States. The Turkish government accuses Gulen and his network of being behind…
Central Bank Group BIS Warns of Green Asset Bubble Risk
LONDON—The central bank to the world’s central banks, the Bank for International Settlements, has warned of the growing risk of a price bubble in environmental-focused asset markets. Some estimates indicate Environmental, Social, and Governance (ESG)-focused assets have soared to a value of $35 trillion and now account for more than a third of all assets…
Taiwan Says Hong Kong Tycoon Asset Freeze a Warning to Global Investors
May 15, 2021
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Asia & PacificAssetChinaChinese RegimefreezeglobalHK BusinessHK Current AffairsHong KonginvestorsJimmy LaiTaiwantycoonWorld
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TAIPEI—Taiwan warned on Saturday that Hong Kong’s decision to freeze assets belonging to jailed media tycoon Jimmy Lai was a sign to the international community that doing business in the Chinese-controlled city was becoming increasingly risky. The asset freeze, announced on Friday, includes all shares in his company, Next Digital—the first time a listed firm…
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