2015年8月15日 星期六

2015-08-16 Singapore Business


AsiaOne
   
Ex-Jade director sentenced to record jail term and fine   
AsiaOne
Anthony Soh Guan Cheow, the former president of Jade Technologies Holdings, was charged with 39 offences on 20 July 2012 connected with his botched takeover bid for the firm in 2008. Photo: The Straits Times ...

Jade Technologies' ex-chief gets over 8 years' jail for failed takeover   TODAYonline
Ex-Jade Technologies head gets more than 8 years' prison for botched takeover bid   The Straits Times
Jail for ex-Jade Tech boss over failed takeover bid   Channel News Asia

all 6 news articles »   


AsiaOne
   
Millennials beat Gen Xers in ambitious goals: Survey   
AsiaOne
Affluent millennials have more ambitious financial goals than their Gen X counterparts, a study by online professional network LinkedIn has found. In all, 9,200 millennials and Gen X respondents in 10 countries, including 800 from Singapore, were ...

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AsiaOne
   
Foreigners grab 5 floors of Prudential Tower   
AsiaOne
Foreigners grab 5 floors of Prudential TowerSome well-heeled foreign buyers have been spending big in the strata office market amid selective buying in the segment. A Chinese buyer has splashed out about $100.6 million on the 25th to 27th floors of ...


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Malaysia Chronicle
   
Bank exec stole credit cards for SPENDING SPREE   
Malaysia Chronicle
A senior service executive at DBS Bank kept credit cards that customers wanted cancelled, then used them to pay for drinks and the services of hostesses at nightclubs. Stephen Choo Jianwei, 32, misappropriated cards from six customers and chalked up ...


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NDTV
   
Hedge Funds Added Apple Shares in June Quarter   
NDTV
Boston: Top US hedge funds bought new shares in Apple Inc during the second quarter or added to their existing positions, ahead of a decline in the value of shares in the iPhone maker. Filings with the US Securities and Exchange Commission (SEC) ...

UPDATE 3-Hedge funds added Apple shares in 2nd quarter, filings show   Reuters
Hedge funds added Apple shares in second quarter, filings show   Economic Times
Hedge funds added Apple shares in 2nd quarter, filings show   Business Standard

all 24 news articles »   


AsiaOne
   
Indonesia will not raise coal royalties next year if prices stay low - finmin   
Reuters
JAKARTA Aug 14 Indonesia will shelve a plan to raise coal royalties next year if global prices stay low, its finance minister told reporters on Friday. "If coal prices stay like they are now, then it is not the right time yet to raise royalties ...
Indonesia to cut corporate income tax rate from 2017: finance minister   THE BUSINESS TIMES
Indonesia to cut corporate income tax rate from 2017 - finmin   The Edge Markets
Indonesia's financial stability is under control: minister   AsiaOne
Business News Asia   
all 6 news articles »   


DEALSTREETASIA
   
GrabTaxi secures $400m round from CIC   
DEALSTREETASIA
Singapore-based GrabTaxi has secured $400 million in a private equity funding round led by China Investment Corporation (CIC), China's sovereign wealth fund. Citing an executive familiar with the deal, the Wall Street Journal reported that the new ...

China Sovereign-Wealth Fund Hitches a Ride With Uber Rival GrabTaxi   Wall Street Journal
GrabTaxi snags US$400 million in funding from China Investment Corp and others   e27
GrabTaxi raises $400M round led by China's sovereign wealth fund   Tech in Asia

all 6 news articles »   


UPDATE 1-NZ retail sales volumes barely rise, suggest rate cuts   
Reuters
(Adds details, comment, market reaction). * Q2 retail volumes +0.1 pct, core sales +0.1 pct. * Growth in online sales offsets drop in fuel, restaurant spending. * RBNZ expected to cut rates next month to counter slowdown. WELLINGTON, Aug 14 (Reuters ...

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Malaysia Chronicle
   
ONLY FOR HERSELF, NOT THE PEOPLE: Zeti's show of courage   
Malaysia Chronicle
PETALING JAYA - There were easily 80 Bank Negara senior officials and more than 100 journalists converging on the 16th floor of the central bank waiting to hear what governor Tan Sri Dr Zeti Akhtar Aziz had to say. The officials, seated on rows of ...
Bank Negara conducted informal probe for 2 years   AsiaOne
No need to re-peg ringgit: Central bank   The Straits Times
Malaysia's Central Bank Says it Has Completed 1MDB Probe   Wall Street Journal
TODAYonline   
Press Examiner   
all 170 news articles »   


The Independent
   
World's big banks set to be sued in London over forex rigging   
The Independent
The world's biggest banks face being pursued through the UK civil courts this autumn for billions of pounds in compensation payments for the actions of its traders in rigging foreign exchange rates. Five multinational banks – which include Britain's ...
Currency-rigging lawsuit settlements rise past $2 billion   Daily Times
HSBC, Barclays among banks in $2B currency accord   The Daily Star
Royal Bank of Scotland and eight other banks agree $2bn settlement with US ...   The National
Morning Star Online   
Express.co.uk   
Scotsman (blog)   
all 110 news articles »   

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