Mr Poon Hong Yuen, currently the deputy secretary with the Ministry of Law (MinLaw), has been appointed chief executive of Spring Singapore with effect from Nov 1. He takes over from Mr Tan Kai Hoe who left at end-July for the private sector.
Noble Group's global head of M&A has resigned from the company, marking a string of recent senior level departures at the commodities trader as it battles weak prices of resources, people familiar with the matter said on Friday.
The ringgit led losses in Asia and stocks retreated, as concern that Malaysia may miss its target of balancing the budget by 2020 hurt a currency already reeling from a worsening slowdown in China and allegations of corruption against Prime Minister Najib Razak.
On Monday (Sept 28), Swiss commodities giant Glencore suddenly found itself at the epicentre of a global market panic.
Trade ministers from a dozen Pacific nations meeting in Atlanta extended talks on a sweeping trade deal until Saturday (Oct 3) in a bid to get a final agreement on the most ambitious trade pact in a generation.