Leadership
Money laundering accused Su Baolin to plead guilty after being handed 3 more charges
CAMBODIAN passport holder Su Baolin, one of the 10 foreign nationals embroiled in Singapore’s largest money laundering case, is expected to plead guilty after receiving three new charges for...
Lloyds bank says quarterly profits sink on higher costs
BRITAIN’S Lloyds Banking Group said on Wednesday (Apr 24) that net profit sank by almost a third in the first quarter of this year, hit partly by a significant...
US seeks 36 months’ jail for Binance founder Zhao
ZHAO Changpeng (CZ), the founder of Binance, the world’s largest cryptocurrency exchange, should serve 36 months in prison after pleading guilty to violating laws against money laundering, United States...
PBOC steps up rhetoric against long-end government bond rally
THE People’s Bank of China (PBOC) ramped up its verbal pushback against the rally in long-term government bonds, warning of a reversal and hinting that a mismatch between market...
Thai central bank says holding key rate steady creates ‘policy optionality’
THAILAND’S current policy interest rate settings were robust and can handle future risks to the economy, the central bank said on Wednesday, amid continued pressure from the government to...
Bill to ban TikTok in US clears Congress
THE US Senate on Tuesday approved legislation requiring the wildly popular social media app TikTok to be divested from its Chinese parent company ByteDance or be shut out of...
FAA probes union claims Boeing retaliated against two engineers in 2022
THE Federal Aviation Administration said on Tuesday it is investigating a union’s claims that Boeing retaliated against two employees who in 2022 insisted the planemaker re-evaluate prior engineering work on 777...
MPACT posts 1.8% higher Q4 DPU of S$0.0229
MAPLETREE Pan Asia Commercial Trust : N2IU 0%’s (MPACT) distribution per unit (DPU) for the fourth quarter ended March grew 1.8 per cent year on year to S$0.0229 from...
