MediaCorp loses suit to RecordTV
A SMALL start-up offering an online service that allowed consumers to watch national broadcaster MediaCorp's programmes online will be able to resume service, after the Court of Appeal ruled in its favour. The decision, which is a stunning reversal of a High Court ruling last year, also sets precedents here in the controversial...
DBS Accused of Misrepresenting Lehman-Related Product in Singapore Lawsuit
DBS Bank Ltd., a unit of Southeast Asia’s biggest lender, was sued by a client claiming fraudulent and negligent misrepresentations that a $1.5 million Lehman Brothers Holdings Inc.-related investment was “sound.” Former DBS banker Desmond Lim Hong Nian had said principal invested in the structured product was safe, according...
Supreme Court hears challenge to PSA Gwadar port deal
ISLAMABAD: Pakistan’s Supreme Court on Wednesday began hearing a regional government’s challenge to a deal with a Singapore company to run a strategic port in which China has a substantial investment. The chief minister of Baluchistan, the southwestern province where Gwadar port is located, is seeking the cancellation of...
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