Leadership
Australia’s central bank says risks from non-bank lenders limited
AUSTRALIA’S central bank said on Monday (Dec 2) that risks from non-bank lenders in securitisation are limited as the labour market remained resilient, supporting households and businesses, and the...
JPMorgan fined S$2.4 million by MAS for misconduct by relationship managers
JPMORGAN Chase Bank has paid a S$2.4 million civil penalty to the Monetary Authority of Singapore (MAS) for its failure to prevent and detect misconduct by its relationship managers...
15 Oldest Coins Still in Circulation
Coins have been used for thousands of years, serving as a way to trade and store value. Some coins have stood the test of time and are still in...
VW union to start walkouts on Monday over cost-cutting plans
VOLKSWAGEN (VW) workers across Germany plan to stage walkouts starting on Monday (Dec 2) after labour leaders and management failed to reach an agreement over how to slash costs...
ESR-Logos Reit to be renamed ESR Reit
ESR-LOGOS Real Estate Investment Trust (ESR-Logos Reit) will be renamed ESR Reit from Dec 4 onwards. The registered name of the manager will also be changed from ESR-Logos Funds...
HSBC starts search for next chairman: report
HSBC’s board has appointed headhunters to start the recruitment of its next chairman, Sky News reported on Saturday (Nov 30), with incumbent Mark Tucker due to stand down by...
EV maker Lion Electric wins temporary creditor relief, halts US factory
ELECTRIC bus manufacturer Lion Electric is temporarily laying off about 400 workers and halting operations at its Illinois factory to save cash after receiving a short-term lifeline from its...
Meta tightens ad rules to curb financial scams aimed at Australians
INSTAGRAM and Facebook-owner Meta Platforms said on Monday (Dec 2) it had introduced stricter rules for advertisers of financial products and services targeting Australians, in a bid to crack...
