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Month: September 2023

Posted on 30/09/2023

Bankrupt Crypto Hedge Fund 3AC’s Su Zhu Apprehended in Singapore, Liquidator Says

Earlier in September, the Monetary Authority of Singapore banned Zhu and Davies from owning or running any registered capital markets firm for nine years. In May, the pair were also reprimanded by Dubai's crypto regulator for operating their new venture ...

Posted on 30/09/2023

‘Centre Can Give Rice To Singapore, Not To Karnataka’: CM Sidda’s Counter-Attack On Centre Amid Cauvery Row

After India agreed to lift the ban on rice export to Singapore in view of a "very close strategic partnership", Karnataka CM Siddaramaiah criticised the Centre for giving rice to Singapore but not ...

Posted on 30/09/2023

mm2 Asia plans to raise funds to strengthen balance sheet, grow business

SINGAPORE - Mainboard-listed entertainment group mm2 Asia is planning to raise up to S$35 million from the issue of some 1.8 billion shares via a 1-for-2 rights issue to strengthen its financial ...

Posted on 30/09/2023

The co-founder of a collapsed crypto hedge fund was arrested in Singapore

Su Zhu, the co-founder of the collapsed crypto hedge fund Three Arrows Capital (3AC), was arrested in Singapore on Friday. Zhu was taken into custody while attempting to leave the country from ...

Posted on 30/09/2023

Investing in human capital, sustainable immigration key to tackling Singapore’s population challenges, say experts

Amid changing family dynamics and a rapidly ageing society, Singapore will need to double down on investing in human capital and consider a more sustainable system of immigration.

Posted on 30/09/2023

Singapore lose Asian Games medal streak in table tennis but vow to rebound and improve

Since the 2002 edition in Busan, Singapore’s 10 table tennis medals at the Asian Games have been powered by its China-born athletes. Stalwarts like Feng Tianwei and Yu Mengyu have since retired, leaving Zeng to lead the women’s team while the men’s team are all local-born.

Posted on 30/09/2023

Best Assignment Help Companies In Singapore : Top 3 Websites

Singapore's education system is renowned for its competitiveness ... Answer: Some assignment help services offer assistance with various writing tasks, including business reports, creative writing, ...

Posted on 30/09/2023

Singapore jails man for stepping on wife’s back till her ‘bones cracked’ during argument

Muhammad Zaki Yaris Ali was sentenced to eight years and seven months’ jail, as well as six strokes of the cane after pleading guilty to one charge of voluntarily causing grievous hurt.

Posted on 30/09/2023

Temasek unit raises $3.3 billion in flagship fund investing in China

Singapore state investment firm Temasek's (TEM.UL) wholly owned unit True Light Capital said on Thursday it raised $3.3 billion in its flagship fund that invests in Greater China and has now closed it ...

Posted on 30/09/2023

Standard Chartered: A Rising Tide Lifts All Boats

Standard Chartered's profitability receives a boost from higher interest rates, but concerns remain about its exposure to potential economic downturns. Read the article for more details.

Posted on 30/09/2023

Singapore core CBD office rents expected to grow by 2% for full year 2023

Grade A office rents have already risen by 1.3% YTD. According to CBRE, Singapore Core CBD (Grade A) rents have increased by 1.3% year-to-date. Although near-term risks such as a cautious economic ...

Posted on 30/09/2023

Singapore shadow office space halved to 0.33m sq ft in Q3

David McKellar, CBRE Co-Head of Office Services, Singapore observed, “More diversified demand drivers has made up for the slack resulting from the slowdown in the tech sector, as we have seen shadow ...

Posted on 30/09/2023

Singapore announces additional $802 million to ease cost of living

Singapore's finance ministry on Thursday announced an additional S$1.1 billion ($802 million) to help households handle increases in the cost of living.

Posted on 30/09/2023

Three Arrows Capital co-founder Zhu apprehended in Singapore

(Reuters) - Su Zhu, one of the founders of bankrupt crypto hedge fund Three Arrows Capital, has been "apprehended" at Changi Airport in Singapore, the company's liquidators Teneo said in an email on Friday. Zhu will spend four months in prison under an ...

Posted on 30/09/2023

Singapore ranks fourth on Savills’ FinTech Index after New York, London and San Francisco

Savills notes that the fintech sector continues to impact not just the finance industry, but also workplace trends. In Singapore, fintech companies have been a boon, particularly to the flexible ...

Posted on 30/09/2023

Singapore completes upgrade of F-16 fleet

The completion of the mid-life upgrade of the Republic of Singapore Air Force's F-16 fleet increases the type's operational service life to the mid-2030s. (Getty Images/Suhaimi Abdullah ...

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