* Avoiding Sins, and Pirates

It touched a two-decade low of 663 in December after sinking 94% from its all-time peak of 11793 on May 20 of last year. One factor: a 15% to 20% drop in China's demand for iron ore in the last few months of last year, probably because it was allowing inventories to run down.

* 48 Heroes of Philanthropy

The global financial crisis is hammering fortunes all over Asia, but the past year was still a good one for philanthropy as tycoons and more modest donors tried to maintain their charity commitments ... I was a contributor to this annual list of philanthropists in Asia in the March 12 issue of Forbes Asia magazine.... Continue Reading →

* The Crowning Fortune—Forbes Asia

The bureau's other assets are easier to value. Its 30% share in the Siam Cement Group, the country's second-largest company, is worth $1.9 billion and its 25% share in Siam Commercial Bank is worth $1.1 billion. As of July it also owns virtually all of Deves Insurance, worth $65 million, and stakes in various other public and private companies that Aviruth says are worth $600 million.

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