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SINGAPORE (Nov 11): “The system of making capitalism work well for most people is broken.” — Ray Dalio, founder of hedge fund Bridgewater Associates
November 08, 2019
Management & Corporate Governance
Oil trader fired by Mitsubishi denies allegation of hidden bets
(Sept 25): The Chinese trader fired by Mitsubishi Corp. for allegedly losing US$320 million ($441 million) in oil trading said he was acting on his managers’ orders and there were no unauthorised transactions, according to his lawyer.
September 25, 2019
In print this week
Alliance Mineral Assets hits lithium jackpot
SINGAPORE (Sept 23): When Alliance Mineral Assets (AMA) began production for tantalum last December, just over a year after listing, prices of the rare metal used in mobile phone electronic components were close to US$100 a pound ($1,357). It also had an
September 23, 2016
Commodity trader Olam hunts bolder deals after US$2 bil spree
(Sept 14): Olam International, one of the world’s largest food commodities traders, is targeting more acquisitions next year after a US$2 billion ($2.7 billion) spree since late 2014 involving deals in cocoa, peanuts and wheat.
September 15, 2016
Nissan to take key stake in scandal-hit Mitsubishi Motors: sources
TOKYO (May 12): Nissan Motor Co is set to take a key stake in Mitsubishi Motors Corp, two sources familiar with the matter said, in a US$1.8 billion ($2.5 billion) deal that bails out its scandal-hit rival and boosts Nissan's clout in the small car ma
May 12, 2016