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Art as investment is a tricky business. Stocks and bonds have cash flows that can be projected and discounted to arrive at a theoretical value. Even commod
Art Is Sometimes in the Eye of the Accountant
May 27 2021, 10:17 AM
May 27 2021, 4:30 AM
May 27 2021, 10:17 AM
(Bloomberg Opinion) Art as investment is a tricky business. Stocks and bonds have cash flows that can be projected and discounted to arrive at a theoretical value. Even commodities are subject to supply and demand curves. Art is altogether more nebulous. In a realm where beauty is purely in the eye of the beholder, specialists have the advantage. Thatâs one reason why most investors probably arenât delighted to learn that their sm.
(Bloomberg Opinion) Art as investment is a tricky business. Stocks and bonds have cash flows that can be projected and discounted to arrive at a theoretical value. Even commodities are subject to supply and demand curves. Art is altogether more nebulous. In a realm where beauty is purely in the eye of the beholder, specialists have the advantage. Thatâs one reason why most investors probably arenât delighted to learn t
April 01, 2021
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The number of eager Hong Kong job-hunters falling prey to scams rose fourfold in the first two months of this year, with victims losing HK$6.4 million (S$1.1 million) to con artists amid the highest jobless rate in 17 years.
In addition to stealing victims’ personal data to apply for loans, police have also warned of so-called brushing scams, which trick victims into placing orders on phoney shopping apps to boost a seller’s rating and business volume.
Promised a full refund of the money they used in addition to a commission, victims received neither.
Chief inspector Chan Yat-wai of the Commercial Crime Bureau said fraudsters would direct their marks to transfer money into a real bank account, then manipulate the app’s account so it appeared topped up and ready to use for making purchases. Victims were told their commissions could be as high as 10 per cent.
Police say they have arrested seven current and former bank staff over an alleged money laundering case involving HK$6.3 billion. Superintendent Yip W.