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Month: January 2023

Posted on 06/01/2023

Standard Chartered faces fresh questions after report of Middle East bank’s takeover bid

STANDARD Chartered’s Bill Winters wanted to mark the start of 2023 “with a little kindness”, he said on LinkedIn, but instead finds himself in the middle of a fresh debate about the emerging-market ...

Posted on 06/01/2023

Crypto exchange Huobi to lay off 20% of staff

Crypto exchange Huobi plans to lay off about 20% of its staff, the company told Reuters on Friday. "The planned layoff ratio is about 20%, but it is not implemented now. With the current state of the ...

Posted on 06/01/2023

Not just the Sound Blaster: 7 Creative Technology products remembered

From MP3 players to a chatbot, here's a look back at products by the late tech pioneer Sim Wong Hoo's Creative Technology.

Posted on 06/01/2023

Singapore man faces murder charge after man he set on fire in front of convenience store dies

Since then, his charge has been upgraded to murder on Jan. 6 after the victim, Tan Khim Hee died from injuries. What the heck happened? On the night of Dec. 28, Tay had poured acc ...

Posted on 06/01/2023

Singapore fashion players head overseas as homegrown labels take off

SINGAPORE fashion brands are gaining popularity among local consumers, with some consumers attracted to the green credentials of several of these homegrown labels, and others seeking a piece of home ...

Posted on 06/01/2023

Parliament to discuss Singapore’s response to global COVID-19 situation, including expected China travel surge

SINGAPORE: Minister for Health Ong Ye Kung will deliver a ministerial statement on Singapore's response to the current global COVID-19 situation at the next Parliament sitting, which starts on Monday ...

Posted on 06/01/2023

Singapore consumers want the option to control their data – Visa study

With Singapore consumers increasingly living their lives online, almost eight out of 10 (77%) want the option to control their data rather than leaving it up to the discretion of companies and ...

Posted on 06/01/2023

Singapore banks continue to gain from high interest rates, new Asean supply chains: UOB Kay Hian

In particular, OCBC and UOB will benefit from reorientation of supply chain towards Asean countries, says one analyst.

Posted on 06/01/2023

Crypto exchange Huobi to lay off 20% of staff – Justin Sun

Crypto exchange Huobi plans to lay off about 20% of its staff, Tron founder Justin Sun told Reuters. Sun, a Chinese cryptocurrency entrepreneur who is also a member of Huobi's global advisory board, ...

Posted on 06/01/2023

Exclusive: China Energy places order to import Australian coal, sources say

China Energy Investment Corp has placed an order to import Australian coal, three sources familiar with the matter said on Friday, in one of the first deals since Beijing eased an unofficial ban ...

Posted on 06/01/2023

Global Chinese firms try ‘decoupling’ from China as business climate turns hostile

In the United States, “Made in China” and “China-based” labels are now politically toxic; Public relations specialists note a growing trend of some Chinese companies posit ...

Posted on 06/01/2023

Creative Technology’s Sim Wong Hoo put Singapore on world map, showed small country can succeed, say tech industry players

SINGAPORE — Creative Technology's founder Sim Wong Hoo put Singapore on the global map for technology innovations and showed that success was possible despite the country's small size. This was the ...

Posted on 06/01/2023

Commentary: The politics of inflation in 2023 and what it could mean for Singapore

Columbia University economic historian Adam Tooze popularised “polycrisis” to describe the multiple global crises confronting the world simultaneously on an almost unprecedented scale in 2022.

Posted on 06/01/2023

India second-most stock-obsessed country in the world: Study

The study revealed that Singapore ranked the highest as a country most interested in stocks and trading. With a total search score of 555 out of a possible 700, Singapore topped the list for its ...

Posted on 06/01/2023

Dow Futures, SGX Nifty Up: Global Cues Impacting Indian Market

The Nifty 50 Futures listed on the Singapore-based Exchange SGX, an early indicator for Nifty50, gained 0.11% or 19 points higher at 9:09 am on Friday, indicating a flat-to-positive bias on Dalal ...

Posted on 06/01/2023

Middle East’s largest lender eyed Standard Chartered takeover bid

Shipping and commodities bank Standard Chartered has been the subject of a potential takeover bid by the Middle East’s largest lender. First Abu Dhabi Bank (FAB) confirmed that it had considered ...

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