SINGAPORE, July 2 Commodity trade financiers in Singapore are teaming up to improve lending practices and transparency after a spate of defaults, four sources with knowledge of the matter said.
SINGAPORE Commodity trade financiers in Singapore are teaming up to improve lending practices and transparency after a spate of defaults, four sources with knowledge of the matter said.
SINGAPORE, July 2 Commodity trade financiers in Singapore are teaming up to strengthen lending practices and improve transparency in the sector following a spate of defaults at trading firms, four sources with knowledge of the matter said.
SINGAPORE, July 2 Commodity trade financiers in Singapore are teaming up to strengthen lending practices and improve transparency in the sector following a spate of defaults at trading firms, four sources with knowledge of the matter said.
Aircraft leasing company BOC Aviation said on Tuesday it had cancelled an order for 30 Boeing 737 MAX planes although its chief executive remained confident in the jet which has been grounded for more than a year.
HONG KONG/SINGAPORE Domestic consolidation will likely drive the recovery of dealmaking in the Asia-Pacific region, bankers said, after the novel coronavirus outbreak sent the value of mergers and acquisitions in the first half of 2020 to a seven-year low.
SINGAPORE Southeast Asian ride-hailing and payments company Grab said it had put a partnership with scandal-hit Wirecard on hold, days after the German payments firm disclosed a $2.1 billion financial hole that threatens its future.
* Hin Leong "grossly overstated" assets value by at least $3 bln
SINGAPORE Singapore's Hin Leong Trading (Pte) Ltd has no future as an independent company after it "grossly overstated" the value of its assets by at least $3 billion, according to a preliminary report prepared by a court-appointed supervisor.
SINGAPORE Indonesian ride-hailing and payments firm Gojek announced on Tuesday it would lay off 9% of its employees, or 430 workers, and close down its lifestyle services arm, GoLife.
President Donald Trump on Friday accused "angry mobs" of trying to erase history with efforts to remove or rethink monuments to U.S. historical figures and used a speech at Mount Rushmore to paint himself as a bulwark against left-wing extremism.