13 Oct 2021 | Value Investing Substack NEWS

ASEAN Unicorns, 2021 Nobel Prize Winners, Jack Ma reappears, KKR's Legacy

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HIGHLIGHTS:

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43 | ASEAN Unicorns

The Volatility Squeeze

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Macro:

ASEAN:

1. Thailand to lift quarantine for vaccinated visitors in November | Nikkei

2. PM overcome by emotion while talking about poverty (Malaysia)

3. Fully vaxxed is passport to travel for Malaysians (Malaysia)

China:

1. China's Xi Jinping speaks with Germany's Angela Merkel in diplomatic push

Others:

1. Statement by the IMF Executive Board on Its Review on the Investigation of the World Bank’s Doing Business 2018 Report

   The Executive Board considered that the information presented in the course of its review did not conclusively demonstrate that the Managing Director played an improper role regarding the Doing Business 2018 Report when she was CEO of the World Bank. Having looked at all the evidence presented, the Executive Board reaffirms its full confidence in the Managing Director’s leadership and ability to continue to effectively carry out her duties.

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News & Other:

1. Billionaire Alibaba founder Jack Ma reappears in Hong Kong | Reuters

2. End of An Era for Billionaire Raiders who Revolutionized Private Equity (KKR)

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