ARA Asset Management, the manager of property trusts backed by billionaire Li Ka-shing, canceled what would have been Singapore’s first dual-currency initial public offering amid sluggish demand for new equity.
58:48 - Today’s "BWest Byte" is $240,000 for the amount of money an undercover agent from the Silk Road investigation attempted to extort from a secret movie deal with 20th Century Fox. Bloomberg's Cory Johnson reports on "Bloomberg West." (Source: Bloomberg)
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