Leadership
Olam food ingredients unit ofi secures US$500 million financing
OLAM Group’s food ingredients unit ofi has bagged export credit agency -linked financing of about US$500 million, said the group on Tuesday (Mar 12). The facility, comprising of a...
JPMorgan’s Dimon urges Federal Reserve to wait past June before cutting rates
JPMORGAN Chase CEO Jamie Dimon on Tuesday urged the Federal Reserve to wait past June before cutting interest rates, arguing the central bank needs to shore up its inflation-fighting...
SGX to offer interest rate derivatives on Singapore, Tokyo benchmarks
SINGAPORE Exchange (SGX Group) will launch short-term interest rate futures linked to the Singapore Overnight Rate Average (Sora) and Tokyo Overnight Average Rate (Tona) for hedging and trading fluctuations...
More women in tech, increasing digital adoption among key trends: UOB’s Choo Wan Sim
HAVING spent most of her banking career in the payments space, Choo Wan Sim’s ability to use data has helped her bring new perspectives to the table when it...
No Signboard not taking action against interim CEO for now over fiduciary duty allegations
NO SIGNBOARD Holdings is of the preliminary view that no action would have to be taken against Lim Teck-Ean. This comes after it having been legally advised with regard...
HSBC to hire almost 50 bankers for startup, venture lending in US
HSBC is planning to recruit about 50 more bankers in its US commercial bank to lend to startup companies, mainly in the technology and healthcare sectors, according to a...
US opens probe into 250,712 Honda vehicles over braking issues
THE US National Highway Traffic Safety Administration (NHTSA) on Monday (Mar 11) launched a preliminary probe into about 250,712 Honda Insight and Honda Passport vehicles over inadvertent activation of...
SGX’s February derivatives volume 24% higher
SINGAPORE Exchange (SGX Group) posted an increase in derivatives volume across multiple asset classes in February as global market participants continued to trade via the bourse through the extended...