Lenovo CEO shares $3.33 million bonus with workers
Lenovo Group Limited Chief Executive Officer Yang Yuanqing speaks during a press conference. Lenovo Group, the biggest personal computer maker, said Chief Executive Officer Yang Yuanqing will share at least $3.33 million (US$3 million) of his bonus with workers for a second straight year after posting record sales. About 10,000...
Bankers warn on Singapore shake-up
Bankers warn on SG shake-up (Nicky Loh - Getty Images) (29 Aug) - Intense competition, a tendency for wealthy Asians to use multiple private bankers and high staff costs are likely to force consolidation in the wealth-management business in Singapore and could push operators out of business, top private bankers have warned. Signs...
Singapore dollar: the next currency to fall?
SG dollar - the next currency to fall? Tarek El Sombati | E+ | Getty Images (29 Aug) - Even the Singapore dollar, underpinned by a robust economy, has failed to escape the pressure facing its regional peers. The currency has fallen more than 2 percent against the U.S. dollar from a two-month high hit just over two weeks ago,...
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