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Month: May 2025

Posted on 13/05/2025

NRI Talk: Why NRIs in Dubai and Singapore pay zero tax on mutual fund gains, Nitin Aggarwal explains

India is one of the most preferred markets for the long-term investments for NRIs. Several clients have increased exposure to India in recent years as there is no country other than India with strong ...

Posted on 13/05/2025

Coinbase to join S&P 500 next week in crypto market milestone

Move viewed as a vindication by crypto faithfuls who helped Trump win the US election.  Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 13/05/2025

Indonesian tanker trades set to go long-haul as Pertamina phases out of fuel imports from Singapore

Indonesia’s state-owned energy firm Pertamina said it will follow the government’s directive to phase out fuel imports from Singapore starting in November, as it explores import deals with the US.

Posted on 13/05/2025

Singapore stock market rises in cautious Asia relief rally after US-China tariff reprieve

The STI jumped nearly 1.9 per cent when the market opened before paring two-thirds of its gains. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 13/05/2025

Tata Steel to infuse $2.5 billion in Singapore unit to boost Euro business

MUMBAI: Tata Steel will inject $2.5 billion (Rs 21,411 crore) into its Singapore unit, T Steel Holdings, to bolster its European business operations and repay debt. Tata Steel owns the UK and ...

Posted on 13/05/2025

Trading halt for FHT and sponsor Frasers Property, pending announcement

Frasers Hospitality Trust and its sponsor Frasers Property have both called for a trading halt, pending an announcement. On April 23, FHT said it is conducting a "review" of its strategy, to "ensure ... ( read original story ...)

Posted on 13/05/2025

Singapore’s economic outlook brightens on US-China de-escalation, but tariff uncertainty remains

High probability that the Singapore economy will now avoid a technical recession in 2025. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 13/05/2025

Singapore’s STI jumps 1.8% on US-China tariff truce; bank shares soar

SINGAPORE] Asian markets continued their rally on Tuesday (May 13) as investors cheered the announcement that the US and China would temporarily lower tariffs on each other’s products in a 90-day cool ...

Posted on 13/05/2025

Why a Singapore-based team is trying to sequence 100,000 Asian genomes

Asia makes up almost 60% of the world's population, but the region's genomes remain underrepresented in research.

Posted on 13/05/2025

DBS, OCBC and UOB brace for tariff fallout despite steady Q1 results

SINGAPORE] Uncertainty from US tariffs loomed large as Singapore’s three local banks reported their first-quarter results over the past week. Read more at The Business Times.

Posted on 13/05/2025

HashKey launches crypto trading in MENA after Dubai VARA approval

HashKey begins crypto trading for select assets in the MENA region after securing approval from Dubai regulators.

Posted on 13/05/2025

Doing good is good business. Here’s how to convince Singapore companies

Social sustainability is often neglected. It’s time to fix that with support and real rewards.  Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 13/05/2025

Singapore turns to robot dogs to guard, guide, and patrol the city of the future

Singapore expands use of robot dogs in security, social services, and infrastructure as robotics sector sees rapid growth.

Posted on 13/05/2025

5 big crypto shifts no one’s talking about in 2025

Crypto is quietly evolving in 2025 — here are five major shifts shaping the $3.4T market that no one’s talking about.

Posted on 13/05/2025

Impact from Indonesia’s plan to cut Singapore fuel imports limited: Analysts

Indonesia’s plan to cut oil imports from Singapore amid US tariff talks may pressure trade flows, but experts here say the impact will be limited. This is as diversification of the economy into areas ...

Posted on 12/05/2025

Singapore Exchange: Increased Market Volatility And Growing Investor Interest Are Positives

Singapore Exchange Limited is poised for growth with rising trading activity from market volatility and MAS initiatives. Find out why SPXCY stock is a buy.

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