Economy Flashcards
1
Q
Top 3 Property developer in Hong Kong
A
- Cheung Kong Property Holdings Limited
- Sun Hung Kai Properties
- New World Development
2
Q
Biggest bankruptcy in US history
A
WorldCom Bernard Ebbers ~ 11 Billion accounting fraud. 25 years in prison. Booking expenses as Capital investment
3
Q
Coal
A
- Thermal coal, which is burnt in power stations.
2. Coking coal, used in blast furnaces to make steel.
4
Q
Hedge fund industry
A
North America: US$ 1.6 trillion
Europe: US$ 462 billion
Singapore” US$ 47 billion