Lifestyle
SGX RegCo should push companies to help minorities requisition resolutions at AGMs
When minority shareholders invoke their right to requisition an extraordinary general meeting (EGM), it often spells trouble for the incumbent board and management.
Yet, the requisitioning shareholders usually need...
WTI expected to continue pullback before rebounding
WTI oil prices have pulled back since mid-April after the market priced out a risk premium from oil prices. This came after Iran’s indication of no immediate retaliation against...
Wall Street bulls say stock rally can resume even without rate cuts
ROBUST global economic growth may offer equities enough support to resume a record-breaking rally, even if bets on Federal Reserve interest rate cuts this year are completely abandoned.After the...
Delayed rate cuts expected to benefit Singapore banks’ otherwise uneventful Q1 earnings
SINGAPORE’S local banks are unlikely to surprise in their earnings for the first quarter of 2024. But a potential delay in interest-rate cuts in the US should boost their...
Dasin Retail Trust’s creditor to repossess director’s properties over loan default
DASIN Retail Trust : CEDU 0% has received letters dated Apr 24 from the credit facility provider exercising its right to repossess two properties over the outstanding amount owed...
Bank of Singapore takes action against employees for misusing medical benefits
The Bank of Singapore (BOS) has uncovered cases of misuse of medical benefits by its staff, and up to 40 employees left the bank last week. Hundreds were involved...
UBS weighs synthetic risk transfer amid capital boost proposals
UBS Group is considering bringing a synthetic credit risk transfer to the market, according to people with knowledge of the matter, amid Swiss reform proposals that could see the...
Yeo Guat Kwang, John Chen retiring from corporate boards
YEO Guat Kwang – a former member of parliament (MP) from the People’s Action Party (PAP) – will retire as the lead independent non-executive director of water purification company...
