Are Singapore's Defaults the Canary in the Mine?
Singapore’s commodities-related defaults could turn out to be the canary in the mine. Despite a modest rebound in resource prices, restructuring specialists including KPMG and Hogan Lovells Lee & Lee see more Asia-Pacific commodities and shipping companies being pushed into delinquency. Bloomberg's Sophie Kamaruddin has more on "Bloomberg Daybreak: Asia." (Source: Bloomberg)
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Infosys CEO Resigns After Criticism From Founders
55:51 - Infosys Ltd. Chief Executive Officer Vishal Sikka has stepped down following criticism from the company’s founder. Chief Operating Officer Pravin Rao will become interim CEO. Bloomberg's Caroline Hyde reports on "Bloomberg Technology." (Source: Bloomberg)