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Month: January 2023

Posted on 21/01/2023

Singapore Says No Strokes Linked to 200,000 Pfizer Bivalent Shots

Singapore has not received any reports of strokes among those who received Covid bivalent vaccines made by Pfizer Inc. and BioNTech SE, after US authorities said the shot could potentially be linked ...

Posted on 21/01/2023

Crypto Lender Genesis Global Capital Is FTX’s Largest Unsecured Creditor

FTX and its affiliated subsidiaries owe Genesis Global Capital $226.3 million, according to a revised filing on Thursday.

Posted on 21/01/2023

Crypto lending unit of Genesis files for U.S. bankruptcy

The lending unit of crypto firm Genesis filed on Thursday for U.S. bankruptcy protection from creditors, toppled by a market rout along with the likes of exchange FTX and lender BlockFi.

Posted on 20/01/2023

Shein Launches New Funding Round And U.S. IPO Could Come This Year

Shein was valued at just $15 billion but as recently as April last year it soared to $100bn and rumors of a New York IPO abounded. Now it could have dropped to $64 billion. Here's why.

Posted on 20/01/2023

Singapore to roll out measures to help its people better navigate digital services: Josephine Teo

DAVOS - Singapore aims to be a digital nation for everyone, and is working on measures to equip people with the skills to use such technologies with confidence, said Minister for Communications and ...

Posted on 20/01/2023

Property agent who created fake listing of semi-detached house as marketing tactic fined $5,000

Terrence Lin had created the fake listing to gauge the response of potential buyers and lied to CEA when questioned. Read more at straitstimes.com. ( read original story ...)

Posted on 20/01/2023

Hong Kong’s Dah Sing Bank strikes bancassurance deal with Canada’s Sun Life

Hong Kong's Dah Sing Bank and a subsidiary of Canada's Sun Life Financial Inc have struck a 15-year bancassurance partnership deal in Hong Kong."Sun Life will pay an amount of HK$1.5 billion ($191.5 ...

Posted on 20/01/2023

Canada’s Sun Life clinches $192 million bancassurance deal with Dah Sing Bank

Sun Life Financial Inc has struck a 15-year bancassurance partnership in Hong Kong with Dah Sing Bank, a move that is likely to boost the Canadian insurer's presence in the special administrative ...

Posted on 20/01/2023

Singapore’s Zilingo to Liquidate After Crisis at Fashion Startup

Zilingo Pte is set to enter liquidation, capping a months-long crisis that shocked Asia’s technology and startup industries.Most Read from BloombergMore Young Americans Are Dying, But Not From ...

Posted on 20/01/2023

IMDA investigating Gorilla Mobile for ceasing service without approval

THE authorities are investigating virtual telco Gorilla Mobile Singapore for not seeking approval to stop its mobile service, as is required under the licence conditions. Read more at The Business ...

Posted on 20/01/2023

SPH Media saga: Audit committee, legal advisers brought in to further investigate inflated circulation data

"Of particular concern" was how 49,000 average daily copies were recorded as circulation numbers but not distributed, says SPH Media in a statement.

Posted on 20/01/2023

SPH Media asks its audit and risk committee to investigate overstated circulation numbers

SPH Media Holdings Board has tasked its Audit and Risk Committee to investigate the misrepresented circulation figures revealed via its internal review more fully, and consider what further steps, if ...

Posted on 20/01/2023

SPH Media Trust roping in legal advisers to investigate inflated circulation numbers ‘more fully’

SINGAPORE — SPH Media Trust (SMT), a non-for-profit firm that owns the Straits Times and Lianhe Zaobao, said it has tasked its audit and risk committee to investigate its inflated circulation issues ...

Posted on 20/01/2023

Singapore dollar hits two-year high against US currency but upside seen limited

Building upon its resilience last year to a surging US dollar, the Singapore dollar has rallied in 2023 to hit its highest level in about two years.

Posted on 20/01/2023

SPH Media to investigate circulation issue more fully

SPH Media Trust (SMT) will reassess its methodology for reporting of circulation data after an internal review found that circulation data had been overstated, the company said in a statement on ...

Posted on 20/01/2023

Factbox: FACTBOX The many companies in Digital Currency Group’s crypto empire

U.S. crypto company Digital Currency Group (DCG) is at the center of the industry's latest meltdown after one of its companies, Genesis, froze customer withdrawals in November.

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