Property developer City Developments on Friday said its Chief Executive Officer Grant Lewis Kelley has resigned and that it has appointed Sherman Kwek as CEO-designate with immediate effect.
Shares of debt-laden commodities trader Noble Group surged as much as 20 percent on Friday, despite the Hong Kong-based company reported a quarterly loss and a surge in debt.
Singtel on Friday reported a slightly 6 percent drop in first-quarter profit, hurt by lower contributions from its Indian associate and exceptional charges at Australian unit Optus.
A quick look at all the market moving events and big financial news of the day. From Noble Group massive losses to Wilmar International's profits, get your daily dose of all the latest in the world of business right here.