In a significant development, in a report The Mail said, loyal members of the Chinese Communist Party have infiltrated some of the UK’s leading companies, as well as universities and the British consulates. The Mail’s report is based on a… Read More ›
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Select business operations can resume from May 4: Malaysian Prime Minister Muhyiddin Yassin
On Friday, Malaysian Prime Minister Muhyiddin Yassin announced that business operations can resume from May 4. The development partially eases lockdown restrictions that were imposed to contain the spread of the Wuhan coronavirus. During a televised address, Muhyiddin said Malaysia… Read More ›
HSBC’s internal investigation uncovers Huawei’s financial ties to Iran and Syria
This is the first time HSBC’s internal probe has been made publicly available. As per an internal probe by HSBC Holdings PLC into Huawei Technologies’ dealings with a suspected front company in Iran found that China’s Huawei maintained close financial… Read More ›
Lockheed Martin Corp names Kenneth Possenriede as its CFO
Kenneth Possenriede will be replacing Bruce Tanner who is set to retire in mid-2019. U.S. defense contractor Lockheed Martin Corp has announced, Kenneth Possenriede will be replacing Bruce Tanner as its chief financial officer. Tanner is likely to retire in… Read More ›
U.S. Commodity Futures Trading Commission charges former Deutsche Bank AG for fraud
Charges has been filed and settled against a former managing director of Deutsche Bank AG for fraudulent activities. The U.S. Commodity Futures Trading Commission said in a statement that charges have been filed and settled against a former managing director… Read More ›
HSBC Amanah raises $120.63 million in Islamic bonds linked to U.N’s sustainable development goals
The deal marks HSBC Amanah’s efforts to integrate the religious principles of Islamic finance with the U.N’s sustainable development goals. The Malaysian Islamic banking arm of HSBC Holdings, HSBC Amanah, stated it has raised $120.63 million (500 million ringgit) worth… Read More ›