Hindujas lose top spot in UK rich list

NRI industrialists Hinduja brothers have been displaced as Britain’s wealthiest family on a rich list released here on Sunday which was topped by Ukrainian music baron Len Blavatnik.


Philippines banks most expensive in Southeast Asia

The Philippines’ biggest banks may be the smallest lenders in Southeast Asia by market cap, but they are now more expensive than their peers in the region – stoked by a steady inflow of foreign investor funds and a bullish economic outlook.