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The Straits Times Envy nickel trading boss alarmed some banks in Singapore long before his arrest Ng Yu Zhi allegedly misappropriated at least $201 million from Envy Global Trading's account at DBS.PHOTOS: REUTERS, KELVIN CHNG Published7 hours ago https://str.sg/3Jfy They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months. Get unlimited access to all stories at $0...

EXACTLY a year ago, the euphoria in the stock market saw investors pricing in what they believe to be the start of an economic recovery in the second half of 2021. As forward looking as the market is and despite the vaccine optimism that lifted markets in November 2020, the state of the global economy is nowhere near the recovery envisioned last year. The vicious twin of the Covid-19 in the form of the Delta variant took over the dirty work of wrecking the economy, which has recently forced the United Kingdom and Sydney into renewed lockdowns. Even Israel, being the most vaccinated country in...

Datuk Amirul Feisal Wan Zahir has been appointed as managing director of Khazanah Nasional. Prior to that, he was Maybank's chief financial officer. KUALA LUMPUR: Datuk Amirul Feisal Wan Zahir has been appointed as managing director of Khazanah Nasional Bhd with effect from July 16. The sovereign wealth fund said on Tuesday he takes over from Datuk Shahril Ridzuan who will be departing to pursue his personal interests upon the expiry of his contract with Khazanah. “The board of directors would like to welcome Amirul and is confident that with his expertise and experience, Khazanah will prog...

PETALING JAYA: The solid performance by most banks in the first quarter (Q1) of the year puts the banking sector on track for robust earnings growth over the next two years.

A rapidly rising renminbi may draw increased scrutiny in global financial markets, especially at a time when the US dollar is losing momentum.. Read more at straitstimes.com.