Baby Grand: The Monied Making of a $150K Steinway

Dec. 11 (Bloomberg) -- Steinway Musical Instruments will be acquired by Paulson & Co. in a deal valuing the 160-year-old piano maker at about $512 million. Bloomberg's Scarlet Fu goes behind the scenes to find out what gives these iconic instruments their value.
Former CEO of PT Berau Refuses to Leave His Office
04:06 - There are new twists in the tale of Indonesian coal miner Berau with a former director refusing to leave his position or his office. At the same time, shares of its parent company, Asia Resource Minerals, have been suspended in London. Bloomberg’s Haslinda Amin reports on “Trending Business.” (Source: Bloomberg)
  • The Top Stocks to Watch in Asia Today
  • Japanese Market Is Showing Signs of Life: Dagan
  • Hanergy's Li Increased Short Position Before Stock Crash