Leadership
Trustee-manager of Dasin Retail Trust receives demand letter from ex-director for alleged fees
THE trustee-manager of Dasin Retail Trust received a letter of demand dated Mar 4 regarding S$99,139.13 in alleged fees due and owed to Sun Shu, a former independent non-executive...
New Bill gives MAS wider investigative, supervisory powers over financial services sector
THE Monetary Authority of Singapore (MAS) will have wider investigative and supervisory powers over the financial industry, with a new Bill passed in Parliament on March 7. These include...
FBI agents deliver grand jury subpoenas as ADM criminal probe escalates: sources
FBI agents delivered grand jury subpoenas to current and former employees of grain trader Archer-Daniels-Midland this week, three sources with knowledge of the matter told Reuters. The subpoenas were...
Corporate governance in a post-pandemic world
AS BUSINESSES adjust to a post-Covid world, what are some lessons from the pandemic that can help companies build resilience and future-proof their organisations? The Singapore Directorship Report 2023,...
US banking sector profits drop 44% in Q4 as big firms cover failed bank costs
THE US banking sector saw its profits drop by nearly half in the last quarter of 2024, as large firms began paying hefty fees to help recoup costs incurred...
US: Wall St rises ahead of Powell’s testimony
WALL Street’s main indexes opened higher on Thursday (Mar 7) ahead of more commentary from Jerome Powell after the Federal Reserve chair stuck to the script overnight by saying...
Hongkong Land sinks into red with full-year loss of US$582 million
PROPERTY developer Hongkong Land fell into the red for the financial year ended Dec 31, 2023, posting a full-year loss of US$582.3 million, from a US$202.7 million profit the...
US dollar slips vs euro as ECB keeps rates steady
THE US dollar fell against the euro on Thursday (Mar 7) after the ECB kept rates steady even as it acknowledged cooling inflation, and the US currency extended its...
