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Electronics growth shows no signs of letting up in Singapore

Bloomberg Singapore’s electronics output surged almost 50 percent in July from a year earlier, underpinning overall manufacturing in the city state and signaling a global trade recovery is holding up. Industrial production rose 21 percent, the fastest pace in seven months, beating all 17 forecasts in a Bloomberg survey of economists. The electronics cluster, which includes products such as semiconductors, ...

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Infosys chairman Nilekani seeks to calm tumult

Bloomberg Infosys Ltd. Chairman Nandan Nilekani moved to reassure investors and employees after a dramatic coup by the firm’s founders this week in which they ousted four directors and took back control of the troubled Indian IT company. “I want to put this company on the right stable path,” Nilekani, 62, said. “I plan to be here as long as ...

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‘Lee’s sister to head Samsung’

Bloomberg Speculators thinking Lee Jae-yong’s sister, Lee Boo-jin, could take the family mantle, are making a bet Samsung will stray from the tradition of male-dominated succession at the country’s chaebol. But Samsung has broken away from tradition to better the business before and Boo-jin already advises and owns 5.5 percent of holding company Samsung C&T Corp. She’s also proven her ...

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