Asian Games 2023: Indian badminton players handed mixed draw in individual eventsIndian badminton players HS Prannoy and PV Sindhu have received first-round byes in the individual events at the Asian Games. Prannoy, rank...
Wake-up call! Wild swings in commodities can sucker punch the global economyCommodity traders remain too big to be ignored — and a possible source of big trouble if left unattended.
Top broker calls for reviving short-selling to aid price discovery in non-F&O stocks“Short selling will help price discovery, particularly in securities which don’t have derivatives,” Kamath told ETMarkets.com in an intervi...
Asian bankruptcies not deterring some banks from commodities marketsThe executives told the annual FT Commodities Global Summit that while some banks were reducing exposure to commodities following bankruptc...
Europe’s banks fall out of love with commodity tradersFor the past half century, a small group of European banks has financed the trade in natural resources, forging a symbiotic relationship wi...
Squeezed by superpowers, HSBC eyes next step of endless reboot to evade recession prospectsThe task of jettisoning low-return units while doubling down on Asia has gotten a boost from three new directors. The board will cut about ...
ICICI Bank classifies Singapore based Hin Leon as NPAOn April 20, ET had reported that ICICI Bank had a $100 million exposure to Singapore based oil trading company Hin Leon Trading Pte.
ICICI Bank confirms exposure to troubled oil trader Hin LeongICICI Bank has confirmed its exposure to the Singapore-based troubled oil trader Hin Leong Trading.
HSBC cuts top investment bank jobs despite wider firing freezeCEO Quinn last month announced a temporary halt to plans for 35,000 redundancies across the bank because of the impact of the coronavirus p...
ICICI Bank has $100 million exposure to bankrupt Singapore oil traderICICI is one of the 23 secured creditors which have lent a total of $3.64 billion to the company.
Head of oil trader Hin Leong didn't disclose $800 million losses-court filingThe affidavit signed by Lim Oon Kuin, a Singaporean in his 70s widely known as O.K. Lim, is part of a Friday filing to the Singapore High C...
ICICI seeks impounding of ships operated by HLT unit Ocean Tankers: SourceThe tankers, Wu Yi San and Chang Bai San, were carrying cargoes financed by ICICI, the source said, adding that the bank had about $100 mil...
Covid recovery, Opec supply management will dictate oil prices in 2020: Vandana HariJet fuel demand will be the last to recover, says Founder & CEO, Vanda Insights.