Malaysian Billionaire Lim Chee Wai’s Top Glove Fourth-Quarter Profit Slumps Amid Softer Demand

Latex gloves on hand-shaped molds move along an automated system on the production line at a Top … [+] Glove factory in Setia Alam, Selangor, Malaysia, on December 3, 2015. © 2015 Bloomberg Finance LP Top Glove—controlled by billionaire Lim Chee Wai—said Friday profit for the fourth-quarter slumped 48% as…

U.S. ‘naive’ about Kim Jong Un talks, leading South Korea candidate says

One of the top-ranked conservatives seeking to be South Korea’s next president said the U.S. was “reckless” in its diplomacy with North Korea and questioned if the American ally’s nuclear shield offered real protection. “America is approaching North Korea in a naive way,” Hong Jun-pyo, a leading candidate from the…

Surging HubSpot Stock Makes Software Firm’s Cofounder A Billionaire

HubSpot’s cofounders, chief technological officer Dharmesh Shah (left) and executive chairman Brian Halligan (right). Boston Globe via Getty Images As more businesses across the U.S. moved online and expanded their use of cloud-based software during the Covid-19 pandemic, software firms such as HubSpot—which helps companies manage digital marketing, sales and…