Leadership
OK Lim has accepted judgement debt of over US$3.5 billion, but creditors will likely claw back much less
The 82-year-old and his children, Evan Lim and Lim Huey Ching, are planning to file for bankruptcyEMBATTLED Hin Leong Trading founder Lim Oon Kuin – the former Singapore oil...
Boeing withdraws contract offer as union talks break down
TALKS between Boeing and its largest union to end an almost monthlong strike collapsed for a third time, extending a shutdown of the planemaker’s key commercial manufacturing base on...
BOS sees rising ‘non-dom’ flows from UK to Singapore
OCBC’s private bank plans to grow its business in Europe to capture more asset flows from wealthy people in the UK as the British government mulls raising some taxes...
New Zealand steps up pace of rate cuts as economy weakens
NEW Zealand’s central bank cut interest rates by half a percentage point, stepping up the pace of easing as policymakers become more concerned about the economic slowdown.The Reserve Bank...
Digital Core Reit recasts US$716 million loan facilities
PURE-PLAY data centre real estate investment trust (Reit) Digital Core Reit has recast US$716 million of loan facilities which will be used to refinance its existing US$703 million term...
RBA to boost risk assessment when deploying unconventional tools
AUSTRALIA’S central bank will strengthen its assessment of potential risks when deploying an unconventional monetary policy, assistant governor Christopher Kent said following a review of a cheap lending programme...
Stocks to watch: Singtel, CapitaLand Ascott Trust, Keppel
THE following companies saw new developments that may affect trading of their securities on Wednesday (Oct 9): Singtel: Business and emergency services hotlines, including those of hospitals and the...
Adobe to offer free app to help with creator attribution amid AI boom
ADOBE said on Tuesday (Oct 8) it will offer a free web-based app starting next year, aimed at helping the creators of images and videos to get credit for...
