Fake news laws: why investors will pay the price

More Asian governments are looking to legislate against 'fake news'. Think these laws won't be used to protect dodgy companies? Think again.

Our balance sheet has never been stronger, declared the board of a listed company in a statement to the Singapore Stock Exchange on April 10, 2015. Its shares were trading at $6.73 at the time. These days, you can pick up its shares for 6 cents apiece if you have the stomach for a gamble.

The company in question  Noble Group in case you hadn't already guessed put out its Lord Haw Haw-style statement in response to a note by prolific short-seller Muddy Waters.

If Noble was so thoroughly convinced it was in the right, of course, it could have taken to Singapore's...

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