HSBC Singapore named Winnie Yap as its new head of global liquidity and cash management with effect from Tuesday, in a wave of changes seen in the bank's top ranks this year.
BlackRock Inc said on Monday it is hiring a prominent law firm to conduct an internal review after a report in a trade publication detailed new employee complaints about the conduct of executives, including senior leader Mark Wiedman.
Asian stocks were set to track Wall Street gains on Tuesday as bond yields pulled back, easing concerns about inflation although investors are keeping a close eye on rising COVID-19 cases in Europe.
U.S. cloud services provider Box Inc is exploring a sale amid pressure from hedge fund Starboard Value LP over its stock performance, according to people familiar with the matter.
A report released by the Ministry of Manpower last week showed that while Singapore saw the sharpest fall in total employment in more than 20 years, foreigners bore the brunt of the layoffs.
When the Tesla chief comes up with bad jokes, they don’t end up in the bin, says the Financial Times’ Henry Mance.
As Singapore transforms itself to reduce its reliance on fossil fuels, it will find that it is still vulnerable to geopolitical and economic shifts of a new energy supply chain, says Energy Studies Institute’s Philip Andrews-Speed.
Boeing Co said on Monday it had entered into a US$5.28 billion, two-year revolving credit agreement, as the U.S. planemaker contends with a prolonged slowdown in commercial air travel fueled by the COVID-19 pandemic.
WeWork lost US$3.2 billion last year according to documents shown to prospective investors by the office-sharing startup in a pitch for US$1 billion in investment and a stock market listing, the Financial Times https://www.ft.com/content/46561422-9edd-4b3b-959c-85754a381d9d reported on Monday.
Swedish truckmaker Volvo said on Monday that a shortage of semiconductors would have a substantial impact on production in the second quarter.
