Lim Oon Kuin

Quoteworthy: “This can’t be another woulda, coulda, shoulda election. No matter what, vote.” –— Hilary Clinton, who is urging Americans to make their views count at the ballot box.

Oil tycoon Lim Oon Kuin (also known as O.K. Lim), who is also the founder of Hin Leong Trading, was charged in court on August 14 with the abetment of forgery for the purpose of cheating.

Quoteworthy: “It’s not like we had a fight. This was perfectly amicable.” –— SoftBank Group founder Masayoshi Son, pre-empting speculation of a fallout with Alibaba Group’s Jack Ma. They are quitting each other’s boards.

The spectacular collapse of Singapore oil trader Hin Leong Trading (Pte) Ltd. has sparked another legal skirmish between one of its banks and a trading rival.

That hard-earned reputation is now taking a hit after a spate of financial scandals and failures, culminating in the dramatic demise of Hin Leong Trading.

The distressed Singapore oil trader has admitted to US$800 mil of undisclosed losses. Is its collapse a sign of deeper problems within the industry facing falling demand and cheap supply?

SINGAPORE (April 22): The bankruptcy filing by Hin Leong Trading (HLT), a major oil trading firm in Singapore, is set to hit the three local banks, according to Phillip Securities.

Maritime Port Authority invited bids for new bunker suppliers in December last year.Two new suppliers have received their licenses