Tag: crude oil

Hin Leong Trading directors risk lawsuits over hidden losses

Some directors of troubled Singaporean firm Hin Leong Trading are facing potential lawsuits over the cover-up of US$800 million (S$1.1 billion) of losses, which...

Stocks and oil advance as nations begin to slowly reopen

Equities and crude rallied Tuesday as investors cheered a further easing of lockdowns in some countries, which offset a brewing row between the US...

Crude crash brings down Singapore oil tycoon

by Martin Abbugao Singapore tycoon O.K. Lim built up his oil empire from a single-truck outfit through hard work and high-risk gambles, a rags-to-riches tale...

Singapore police probe oil trading giant

Singapore has launched a probe into an oil trading firm that allegedly covered up hundreds of millions of dollars in losses, police said Tuesday. Hin...

Steep weakness of the ringgit the cause of Malaysia’s high inflation

While higher oil prices are being seen as the catalyst behind the significant spike in inflation, the price of oil has resumed its weakness...
Theindependent