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Market Chatter-Corporate finance press digest
ReutersMay 16 (Reuters) - The following corporate finance-related stories were reported by media on Thursday: * Dish Network Corp has lined up four banks to finance its $25.5 billion bid for Sprint Nextel Corp, escalating the bidding war against Japanese...Tags: Sprint Nextel Corporation, Personal Service, Roche Holding AG, Economy, Business and Finance, Bain Capital, LLC
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Struggling Singapore Airlines fights back to boost growth
ReutersBy Anshuman Daga SINGAPORE, May 16 (Reuters) - Singapore Airlines Ltd , caught between the rapid emergence of Gulf carriers and low cost Asian rivals, is attempting a big strategy overhaul to revive growth, pushing into the low-cost segment and expanding...Tags: Singapore Airlines, Virgin Group, Ltd., Thomson Corporation, Transportation, Travel
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Singapore starts trial of church leaders accused of embezzling $40 million to fund pop star
Associated PressSINGAPORE (AP) — Singapore opened a long-anticipated corruption trial Wednesday of six church leaders accused of embezzling more than $40 million to fund the pop music career of the wife of their evangelical movement's founder. City Harvest...Tags: Lawyers, Trials, Entertainment Events, Embezzlement, Ceremonies
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Soccer-Singapore appoint German Stange as head coach
ReutersMay 15 (Reuters) - Former Belarus manager Bernd Stange will take over as the head coach of Singapore on a two-year contract, the country's soccer association said on Wednesday. The 65-year-old German, who has also coached East Germany and Iraq, will...Tags: Germany, Southeast Asia
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Malaysia's Najib packs new cabinet with conservatives
ReutersKUALA LUMPUR (Reuters) - Malaysian Prime Minister Najib Razak, whose poor showing in a general election earlier this month has left him vulnerable to the conservative wing of his party, announced a cabinet on Wednesday that was packed with the...Tags: Politics, Corporate Officers, Elections, Najib Razak, Government
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Brent holds above $102 as dollar eases, but supply outlook weighs
Reuters* IEA predicts rising supply from U.S. * U.S. crude inventories rose by 1.1 mln bbls, above f'cast -API * Brent to drop to $101.35 -technicals * Coming up: U.S. EIA weekly crude stocks at 1430 GMT By Manash Goswami SINGAPORE, May 15 (Reuters) - Brent...Tags: American Petroleum, International Energy, Inventories, Analysts' Comments
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Pakistan election bolsters bull market case for Mobius, Goldman
ReutersHONG KONG (Reuters) - After 18 years as a banker at firms such as Citigroup and Nomura, Shaheryar Chishty took a different direction in late 2011, starting an investment firm that, among other things, helped guide Chinese and South Korean money into...Tags: Saudi Arabia, Politics, Citigroup Incorporated, Government, Petroleum Industry
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Singapore to step up international cooperation on tax evasion
ReutersSINGAPORE, May 14 (Reuters) - Singapore, the world's fourth-biggest offshore financial centre, said on Tuesday it will adopt new measures to make it easier to share information on potential tax evaders with other countries. The Southeast Asian city-...Tags: Crime, Law and Justice
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OECD welcomes Singapore move to boost tax cooperation
ReutersSINGAPORE (Reuters) - The Organisation for Economic Cooperation and Development (OECD) on Tuesday welcomed Singapore's decision to strengthen its international tax cooperation framework, describing it as a "very significant move" to improve information... -
Singapore steps up international cooperation on tax evasion
ReutersSINGAPORE (Reuters) - Singapore, the world's fourth-biggest offshore financial center, said on Tuesday it will adopt new measures to make it easier to share information on potential tax evaders with other countries, including the United States. The...Tags: Economy, Business and Finance, National Government, Politics, Crime, Law and Justice, Government
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Singapore-listed Noble Group Q1 net profit down 62 pct
ReutersSINGAPORE, May 14 (Reuters) - Singapore-listed commodities trader Noble Group Ltd posted a 62 percent fall in first-quarter net profit on Tuesday, saying the challenging operating environment had hurt its margins. Noble reported net profit of $41.3...
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