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Rich Russians are buying up luxury goods before they surge in price

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20 mins ago

A suspected Boko Haram attack kills 33 people.

  Dozens were also abducted in the raid by militants in northeast Nigeria. Separately, a Nigerian court sentenced 54 soldiers to death for mutiny and cowardice, for allegedly refusing to fight the extremist group.
22 mins ago

Samsung’s de facto holding company has a mega-successful IPO.

  Cheil Industries more than doubled its market capitalization as it raised 1.52 trillion won ($1.38 billion). The IPO will help the family of ailing CEO Lee Kun-hee consolidate control of Samsung’s sprawling empire as the company prepares for a generational power transfer.
26 mins ago
Chart of the Moment

Macau has a serious Baccarat addiction.

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