Word: capitalist
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...world during the Asian crisis by imposing currency controls, a move even his critics now grudgingly concede probably shielded the country from the social dislocation seen in some Asian neighbors?has abandoned his cherished head start program for Malays. "He definitely wants the emergence of the Malay capitalist," says Megat Najmuddin Khas, who heads the Malaysian Institute of Corporate Governance. "There is nothing wrong with the policy," Megat argues?as long as the right people are chosen. And Mokhtar has "better credentials" than most, says Megat...
Tech start-ups have thinned, but Silicon Valley venture capitalist Bill Tai says the ideas he sees today are more practical and better executed than the ones in the boom years when, he says, "we saw a lot of passion and energy but not a lot of depth...
...nickname in the press, "Joe Bananas," but he was one of the lords of the underworld from the 1930s until the "banana wars" of the '60s resulted in his exile to Arizona. He always denied that the Mafia existed and, in his autobiography, described himself as a "venture capitalist...
...Beijing Redstone Industrie, a real estate firm owned by Chinese-born Pan Shiyi, 38, and his wife Zhang Xin, 35, a Cambridge-educated former Goldman, Sachs investment analyst. Condos in the company's debut project, Soho New Town, a sleek development, enjoyed sizzling sales among Beijing's burgeoning capitalist class despite prices of $241,000 to $422,000. Asian papers report that the travel-loving duo hopes to go public this year to fund construction of a hotel near the Great Wall, villas on Hainan island and more Beijing condos...
...Venezuelan ally President Hugo Chavez - in which Havana's lifeline to cheap oil was briefly cut - was a reminder of Cuba's continued vulnerability. The growing presence of European, Canadian and Latin American investors and the government's see-sawing policy toward small Cuban entrepreneurs signals the inevitability of capitalist reforms...