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Month: July 2025

Posted on 03/07/2025

Micron sees new Singapore plant as key in plan to meet rising demand for AI-enabling chips

Micron in January broke ground on a US$7 billion (S$8.9 billion) facility, the first of its kind in Singapore. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 03/07/2025

Singapore to field record 72-strong contingent at World Aquatics Championships

Thirty of them will be debuting at the championships hosted by Singapore this year, a figure which Singapore Aquatics president Kenneth Goh said speaks volumes about the depth of talent nurtured here.

Posted on 03/07/2025

Binance to keep remote workers in Singapore

The world's largest digital assets exchange Binance plans to keep hundreds of remote workers in Singapore, despite a crackdown on unlicensed crypto outfits in the city-state.

Posted on 03/07/2025

Singapore to Invest $3.7 Billion With Fund Managers to Help Boost Local Stocks – MSN

Singapore plans to invest S$5 billion ($3.7 billion) with fund managers to help boost the local stock market, and will start requiring some family offices to deploy a portion of their assets into ...

Posted on 03/07/2025

Standard Chartered Faces $2.7 Billion Lawsuit Linked to 1MDB

Standard Chartered Plc is facing a $2.7 billion lawsuit from liquidators alleging it played a role in enabling the laundering of billions of dollars misappropriated from Malaysia’s troubled sovereign ...

Posted on 03/07/2025

1MDB saga: Standard Chartered Bank refutes $3.4 billion claim by liquidators in Singapore

Liquidators' lawsuit seeks to hold StanChart accountable for its role in allegedly enabling fraud to be committed against 1MDB. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 03/07/2025

Singapore’s Republic Power Group Details IPO Plans

The company's operations include customized enterprise resource planning software, consulting and technical support services and selling peripheral hardware, according to a Securities and Exchange ...

Posted on 03/07/2025

Seagate Technology’s Q4 2025 Earnings: What to Expect

Seagate Technology is prepared to release its fourth-quarter results later this month, with analysts predicting a triple-digit earnings growth.

Posted on 02/07/2025

Key features and risks of investment products to be on one page under MAS proposals

MAS aims to enable investors to make informed investment decisions even as those who need more help can get it. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 02/07/2025

Stock market today: Dow, S&P 500, Nasdaq futures wobble with ADP jobs data, trade deals in focus

US stock futures wavered on Wednesday as Wall Street digested more signs of an intensifying labor market slowdown and watched for movement on trade deals and on President Trump's massive ...

Posted on 02/07/2025

Asian stocks waver, dollar frail as Trump’s tariffs, US rate path weighs

SINGAPORE: Asian stocks slipped on Wednesday (Jul 2) and the dollar languished near three-and-a-half-year lows as investors weighed the prospect of US interest rate cuts and the scramble for trade dea ...

Posted on 02/07/2025

Singapore’s Manufacturing PMI Rebounded in June as U.S. Tariff Deadline Looms

Singapore's trade-reliant economy faces challenges as tariff uncertainty continues to cloud global trade. Sweeping U.S. tariffs, including a 10% levy on Singapore, are due to kick in next week after a ...

Posted on 02/07/2025

Singapore factory activity ticks up to end two-month contraction as US tariffs loom

Despite the uptick, uncertainty prevails with a reprieve on Trump’s global tariffs set to end next week. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 02/07/2025

3G Capital, Singapore’s GIC seek CCI nod to acquire Skechers

Investment firm 3G Capital and Singapore's sovereign wealth fund GIC have sought approval from the Competition Commission of India (CCI) to acquire footwear and apparel company Skechers.

Posted on 02/07/2025

Singapore’s PMI rebounds to expansion territory in June amid improving regional activity

SINGAPORE] Singapore’s overall factory activity returned to expansion territory in June after two straight months of contraction, data from the Singapore Institute of Purchasing and Materials ...

Posted on 02/07/2025

Singapore’s Emerging Fintech Platform Aegis Engages in Strategic Dialogue with Sampson, Chief Advisor of the Winao Global Fund I

Following the successful global launch of the Winao Global Payment Fund I, with an impressive fund size of USD 15 billion, Singapore’s rising fintech platform AEGIS Wallet invited Sampson, Chief ...

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