Banking & finance

DBS among banks seeking trade finance overhaul after US$9 bil in potential losses

(July 9): When Credit Agricole SA and HSBC Holdings Plc issued a payment guarantee for a US$76.5 million ($106.6 million) fuel purchase from a Singapore trader in March, they unwittingly became the

Banking & finance

OCBC appoints Kenneth Lai as new head of global treasury

SINGAPORE (July 9): OCBC Bank has appointed banking veteran Kenneth Lai as its new head of global treasury with effect from October 1, 2020.

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Oil

CIMB accuses Hontop Energy of 'suspicious' oil deals

(July 9): Malaysia’s CIMB Bank Bhd.

Hong Kong national security law

Hong Kong's resilient markets barely react despite Trump's currency peg threat

(July 9): If Hong Kong’s markets are any guide to its future as an international financial centre, then the city’s investors have little to worry about.

Tech

Big tech companies' showdown with China may mean exodus from Hong Kong

(July 9): Facebook Inc., Google and Twitter Inc.

2013 Penny Stock Crash

No 'comeback' for John Soh despite 'over-abusing' the word after crash

SINGAPORE (July 9): John Soh, who is at the centre of a trial for allegedly manipulating three penny stocks in 2013 that subsequently led to their crash, made a couple of attempts to stage a “comeb

2013 Penny Stock Crash

Putting every sin at Soh's doorstep?

SINGAPORE (July 9): Sreenivasan attempted to get Gan to agree that his client did not have that much control over the manipulation of BAL shares as painted out to be.

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