The collapse of FTX had impacted some of the trading firm's products and customers, increasing the need to quickly raise additional capital.
Temasek-backed crypto firm Amber raises $408m to tackle damage from FTX
Money raised will be mainly for customers who lost money on Amber's products due to FTX’s implosion. Read more at straitstimes.com.
Hong Kong launches first crypto ETFs
Hong Kong launched its first two exchange traded funds for cryptocurrency futures on Friday, following through on a commitment made in October to turn the city into a regional digital asset hub ...
Singapore’s aviation sector eyes expansion and profits post-pandemic
With more travellers, Singapore-listed aviation stocks are not just recovering but preparing for their next phase of growth.
Singapore non-oil exports tumble 14.6% in November; economists warn of darkening outlook
Economists warned that demand will continue to soften in the months ahead and this will weigh on Singapore’s economy. Read more at straitstimes.com.
Stock Market LIVE Updates: Sensex sheds 300 pts, Nifty nears 18,300; GMM Pfaudler tanks 10%, HCL Tech 2%
Oil prices rose in early Asian trade on Friday after falling 2% in the previous session on central bank interest rates hikes, and is poised to end the week higher after a series of positive oil demand ...
SGX Nifty down 65 points; here’s what changed for market while you were sleeping
Foreign portfolio investors (FPIs) on Thursday net sold shares worth Rs 711 crore, provisional data showed. DIIs net bought shares to the tune of Rs 261 crore.
Briefs: Fed still has ‘some ways to go’, Japfa’s AustAsia to launch IPO on Dec 15
Fed still has ‘some ways to go’ Chair Jerome Powell said the US Federal Reserve (Fed) is still working toward ending its anti-inflation campaign of interest-rate increases as officials signalled ...
Citibank forecasts positive outlook for Asian economy in 2023
The Thai economy is expected to grow further in 2023 as a result of the tourism recovery, an increase in private sector spending, as well as easing inflation. In any case, there remain downside risks ...
Crypto Firm Amber Raises $300 Million to Tackle Damage From FTX
Embattled crypto firm Amber Group has raised $300 million mainly for customers who lost money on the platform’s products due to FTX’s implosion, according to co-founder and and Chief Executive Officer ...
Singapore’s non-oil exports fall 14.6% in November; second straight month of decline
SINGAPORE: Singapore's non-oil domestic exports (NODX) fell by 14.6 per cent year on year in November from a high base a year ago. This marks this the second straight month of decline following the 6.
Singapore non-oil exports fall 14.6% in November, worse than expected
The slump in Singapore’s key exports deepened in November on weaker electronics and non-electronics demand, according to data released by Enterprise Singapore (EnterpriseSG) on Friday (Dec 16).
Singapore’s exports fall 14.6% in November; second straight month of decline
SINGAPORE: Singapore's non-oil domestic exports (NODX) fell by 14.6 per cent year on year in November from a high base a year ago. This marks this the second straight month of decline following the 6.
Singapore exports fall again in Nov, 14.6% drop more than expected
SINGAPORE’S non-oil domestic exports (NODX) contracted by 14.6 per cent on the year in November from a high year-ago base, going by Enterprise Singapore (EnterpriseSG) data on Friday (Dec 16). The ...
The art of investing – bridging the accessibility gap for the masses
Investing, which was once seen as unapproachable by the majority, is now almost regarded as a necessity and with good reason.
Ultra-Rich Chinese Push Premier Singapore Golf Entry Fee to $618,000 for Expats
In a year when everything from stocks and bonds to cryptocurrencies have tumbled, an investment in Singapore’s most elite golf club stands out.