What followed the FTX fallout was a huge crypto crackdown by regulators under President Joe Biden. The Commodity Futures Trading Commission, the US’s top derivatives regulator, recovered a record ...
CNA938 Rewind – Open for Business – What’s next for CDL after Kwek Leng Beng drops legal action against son Sherman
Billionaire tycoon Kwek Leng Beng is dropping the lawsuit filed against his son Sherman Kwek and other directors of City Developments Limited (CDL). Shares of CDL jumped more than 4% following the ...
Crypto Adoption in Southeast Asia Set to Grow
Cryptocurrency adoption in Southeast Asia continues to gain momentum, with the region accounting for 60% of global crypto activity. A Statista report forecasts the crypto market to reach $1.78 billion ...
Singapore stocks end flat on March 14 amid mixed regional finishes
SINGAPORE – Local shares had nowhere to go on March 14 as investors here and elsewhere tried to get a grip on the trade war threats roiling financial markets.
Singapore and Thai firms, organisations ink 5 pacts covering e-commerce and other areas
The MOUs were signed on the sidelines of a bilateral economic ministers’ meeting here. Read more at straitstimes.com.
Singapore’s DBS raises $2 billion through US dollar bonds, term sheet shows
DBS Group , Southeast Asia's biggest bank, has raised $2 billion through a multi-tranche U.S. dollar senior bond issuance for general business purposes and to finance treasury activities, according to ...
AIA Singapore’s value of new business rises 15% in 2024 to US$454 million
SINGAPORE] AIA Singapore’s value of new business (VONB) rose 15 per cent on the year to US$454 million for the full year ended Dec 31, 2024, from US$394 million in the year-ago period, on a constant ...
CNA Explains: What happens if a Singapore-licensed investment platform goes under?
On online forums and social media, users highlighted that – unlike for bank deposits – money placed with such investment platforms is not covered by the Singapore Deposit Insurance Corporation's (SDIC ...
Fortify your business: Ransomware is eyeing your small enterprise – are you prepared?
Three in five ransomware attacks target SMEs. Here’s how the Cyber Security Agency of Singapore (CSA) can help you keep your defenses up and avoid losses from security breaches Read more at ...
SingPost shareholders vote overwhelmingly in favour of A$1 billion sale of Australian business
[SINGAPORE] Singapore Post (SingPost) shareholders on Thursday (Mar 13) voted in favour of the sale of the Australian logistics business Freight Management Holdings (FMH). Of the shareholders who ...
Nvidia chip smugglers get bail in $390M fraud case in Singapore
Among the Nvidia smugglers, two men from Singapore were given bail of $600,000 each, and the third man, who was from China, was given bail of $1 million.
Singapore-US business ties: US firms urged to partner local businesses even amid global challenges
US firms are encouraged to maximise opportunities in Southeast Asia, using Singapore as a base. Deputy Prime Minister Gan Kim Yong says local businesses can play a role in strengthening the supply ...
SingPost shareholders vote almost unanimously in favour of selling Australian logistics business
Decision leaves SingPost with ailing postal network operation, room for strategy reset. Read more at straitstimes.com.
Singapore fraud case: Three accused in Nvidia chip export scheme get bail up to S$1m
Three men linked to the export of computer servers to Malaysia that may contain Nvidia chips have been offered bail, with amounts ranging up to S$1 ...
Outlook for record Chinese second-quarter soybean imports may ease supply tightness
By Ella Cao, Mei Mei Chu and Naveen Thukral BEIJING/SINGAPORE (Reuters) - China is poised to receive record soybean imports in the second quarter, traders and analyst said, after delayed Brazilian ...
Up to S$1mil bail offered to three men charged with fraud in Singapore case linked to Nvidia chips
SINGAPORE: Bail has been offered to three men allegedly linked to computer servers exported to Malaysia that might contain Nvidia chips.