Account
Malaysian conglomerate Sime Darby Bhd. (4197.KU) is in talks with Australia's biggest private healthcare provider to form a joint venture that combines several hospitals in Southeast Asia, a person familiar with the matter said.The talks involve Sime Darby injecting three hospitals in Malaysia into a vehicle that will also include three of Sydney-based Ramsay Health Care Ltd.'s (RHC.AU) Indonesian hospitals. The venture could eventually be listed on the Malaysian stock exchange, the person said.The venture, potentially worth over 1.55 billion Malaysian ringgit (US$499 million) based on rivals' earnings multiples, underscores the appeal of South East Asian hospitals for foreign investors wanting exposure to operations in fast-growing emerging markets with aging populations. Healthcare assets traditionally appeal to investors because they're largely shielded from swings in economic growth.Setting up a venture with Ramsay would likely build on positive sentiment generated by IHH Healthcar...
Carol Roth, former investment banker, weighs in on New York City’s scheduled vote today on Mayor Bloomberg’s sugary drink ban proposal.
Rep. Charlie Rangel, (D-N.Y.), argues that voters have two clear options to choose from in the 2012 election.
As she was ushered into surgery eight years ago, Paula was confident that doctors at Washington's Howard University Hospital would find the cancer that had been grow...
“Europe’s Promise” author Steven Hill on why U.S. businesses can learn from business model of many European companies.
Tufts Health Plan CEO James Roosevelt, Jr. on the health-care law’s impact on access to care as well as costs.
Rep. Nan Hayworth, (R-NY), former CBO Director Douglas Holtz-Eakin and South Carolina Attorney General Alan Wilson on efforts to repeal the health-care law and the impact of the law on states’ spending.
Thinking of moving outside the U.S.? Don't leave home without valid health insurance."Most U.S. health plans will not cover you overseas," says David Brumbach, direc...
Wisconsin Attorney General J.B. Van Hollen on administration’s efforts to infringe on local governments.
FBN’s Gerri Willis on the change in women’s economic and social status since the 1970’s.
John DeHart, Nurse Next Door Co. CEO and co-founder, on the rapid growth of his business and the increasing demand for in-home health services.
AP Telecom CEO Eric Handa on the outlook for the telecom industry.
Former Gov. Gary Johnson, (R-NM), talks about the course of the 2012 GOP Presidential primary season and what’s next for his candidacy
Keep Food Legal founder Baylen Linnekin and For Consumer Freedom senior research analyst Justin Wilson weigh in on the sugary drink ban.
Former Rep. Dennis Kucinich, (D-Ohio), and former NY Lt. Gov. Richard Ravitch discuss the financial issues facing cities such as Detroit.
Diversified Financial Consultants President Dominick Tavella on the tax implications of the new health-care legislation.
Aetna Inc fourth-quarter earnings fell sharply, the health insurer said on Thursday, as costs rose in parts of its employer-based insurance business and it took char...
The reaction to ObamaCare from U.S. small businesses has been mixed. Some entrepreneurs have expressed support for system changes, while others are indifferent, saying they won’t be affected. Meanwhile, some say they’ll be cutting headcount to avoid increased fees related to the new health-care ...
Airlines for America CEO Nicholas Calio and Vintage Vinyl co-founder Lewis Prince on small business concerns about the fiscal cliff debate.
Stossel and guests look at what President Obama's re-election means for liberty
