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Daily Dispatches: Barclays settles dispute with headhunter

Barclays had agreed to settle a lawsuit in Singapore with Pagoda Partners for failing to pay a S$365,000 fee for a banker it hired from Merrill Lynch, according to the recruiter.

(Bloomberg)

Mizuho Financial Group, Japan's second-largest bank by assets, plans to raise its stake in Orient Corp to 27 per cent from 5 percent. (Reuters)

Commonwealth Bank of Australia said today that its third quarter cash earnings improved 30 per cent from a year earlier to $1.5bn, boosted by volume growth, cost control and lower charges for bad debts. (The Australian)

Job advertisements in China can throw up a few surprises for those used to a non-discriminatory employment environment. Here, companies make no apologies about openly stating the race of the employees they seek. And like it or not, the desired skin colour is often white. (Asia One)

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