Breaking News

Min:25 °C Max:30 °C

» Weather Details

Updated

Straits Times Headlines

Marketing of risky products under review

Private home prices: First fall in 4-1/2 years

Inside

Malaysia's elusive racial harmony

View Points

3 cases of dengue from donated blood

Frightfully fun Night Safari

Investors in Asia wary, stocks down

Bailout Bill made more palatable goes to House

Americans fear crisis will hit them directly

AIG set for large asset sale

France and Germany clash over Europe's bailout plan

Economy is 'flat on the floor': Buffett

Cash still fleeing money funds

How I avoided heart attack

What it should have been

Breaking News

Japan's election battle online

Tainted milk in Philippines

Amnesty offered to Indonesians

Year-end execution for bombers

5 tried for murder of Briton

2 M'sians die in 'medical ritual'

Tax breaks in financial bailout

ECB renews one-day loans

UBS to cut 2,000 jobs **

Home > Breaking News > Money > Story

Oct 3, 2008

SGX CEO will not extend term

'I believe the role of any CEO should be limited in duration...there comes a time when it's time to move on,' CEO Hsieh Fu Hua told reporters after a meeting of the firm's shareholders. -- BUSINESS TIMES

THE chief executive of Singapore Exchange (SGX) , Asia's second-largest listed stock exchange, said on Friday he will not extend his contract, which ends around September 2009.

'I believe the role of any CEO should be limited in duration...there comes a time when it's time to move on,' CEO Hsieh Fu Hua told reporters after a meeting of the firm's shareholders.

Mr Hsieh, who has been SGX's chief executive since 2003, added he would not leave before a successor was found. -- REUTERS

email print larger smaller discuss

Fortis to transfer to Netherlands 12:23 AM

ECB offers banks US$70b 11:15 PM

US online health firms merge 11:01 PM

US stocks open higher 9:56 PM

US House reopens debate 11:05 PM

US unemployment at 6.1% 8:48 PM

Stocks to take cue from US data 6:54 PM

Wells Fargo to buy Wachovia 8:08 PM

CEO gives up 'golden parachute' 5:14 PM

Tax breaks in financial bailout 3:51 PM

ECB renews one-day loans 3:32 PM

UBS to cut 2,000 jobs 3:30 PM

SGX says to remain profitable 1:57 PM

SGX CEO will not extend term 1:53 PM

S'pore property stocks sink 1:50 PM

Fullerton, SBI launch new fund 12:32 PM

CEO, 5 WaMu execs leaving 1:28 PM

Oil falls to US$93 11:47 AM

Mitsubishi, Morgan merge units 10:29 AM

AIG asset sales to repay debt 11:51 PM

STI closes 2.81% lower 5:23 PM

EU rescue fund rejected 9:10 AM

BoJ pours $19.4b into mkt 9:08 AM

Asian shares down at close. 6:06 PM

US business owners pessimistic 8:06 AM

Fed borrowing up 7:50 AM

Help 'underway' 6:00 AM

RSS

stories

1	Man falls to his death
2	Studying at airport 'unique'
3	Naked photo triggers outrage
4	S'pore's top hawker centre
5	Fatal fall caught on TV
6	Pregnant women sacked
7	PM Lee treated to a 'day of joy'
8	'I love you': Stabbed teen
9	The penthouse squeeze
10	3% growth in 2010: MM

commented

1	Religious tensions cannot be allowed even to simmer in our society
2	Electricity rates up 21%
3	Opposition politician JBJ dies
4	Back to school on clearing food trays
5	Historic night race wows world
6	Mega churches: 'The issue isn't about relocation or expansion. It is about transparency and accountability.'
7	Personal consultant says: 'Consumers should understand the immense pressure we are facing.'
8	Dorm in Gardens to go ahead
9	$645K HDB's priciest flats go on sale
10	Slow coach: 'It takes only 25 to 30 minutes to travel from the city to Pasir Ris by MRT, but we have to endure 30 minutes plus to wait for the feeder bus to get home'

S	M	T	W	T	F	S
01	02	03	04	05	06	07
08	09	10	11	12	13	14