oil & gas industry

Oil & Gas

HSBC and other banks unlikely to recoup Hin Leong loss

The prospects for HSBC Holdings Plc and other banks to recover losses from a failed Singapore oil trader are dimmer than originally thought.

Oil & Gas

Altman casts dark shadow over Singapore's oil and gas sector

Though Altman’s Z-score, a popular formula for predicting bankruptcy was initially directed at American companies, it provides clues for Singapore’s volatile oil & gas sector.
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