Financial Times (January 28)
“Oaktree Capital is risking a showdown with Beijing over control of one of ailing property developer Evergrande’s most-prized projects in mainland China.” Seizing “the Venice development could have a profound effect on the wider restructuring of Evergrande, the property developer that has scrambled to reassure its creditors since its finances started to unravel last year.”
Tags: Ailing, Beijing, China, Control, Creditors, Evergrande, Oaktree Capital, Property developer, Restructuring, Risking, Showdown, Venice development
Financial Times (March 18)
“A long-awaited showdown between Toshiba and its two largest investors has ended in embarrassment for the conglomerate and an unprecedented show of shareholder strength in Japan. The landmark vote in favour of a probe into Toshiba’s conduct follows five years of increasingly confident shareholder activism against the conservative bastion of corporate Japan.”
Tags: Activism, Conduct, Confident, Conglomerate, Conservative, Corporate Japan, Embarrassment, Investors, Japan, Landmark vote, Showdown, Strength, Toshiba, Unprecedented
Washington Post (March 15)
“The Obama administration is moving toward what could be a dangerous showdown with China over the South China Sea…. What makes this dispute so explosive is that it pits an American president who needs to affirm his credibility as a strong leader against a risk-taking Chinese president who has shown disregard for U.S. military power and who faces potent political enemies at home.”
Tags: China, Credibility, Dangerous, Disregard, Military power, Obama, Risk-taking, Showdown, South China Sea, Strong leader, U.S.
