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Category: BUSINESS

Posted on 14/05/2025

Crypto Brokerage FalconX, Standard Chartered Partner to Support Institutional Investors

FalconX will leverage Standard Chartered’s banking and forex services, including access to currencies, to serve institutional clients.

Posted on 14/05/2025

Ether Nears $2.7K, Dogecoin Zooms 9% as Crypto Market Remains Cheery

Ether (ETH) and dogecoin (DOGE) led majors gains on Wednesday with a 9% jump in the past 24 hours, extending a bullish streak that’s seen both tokens gain double digits over the past week. The broader ...

Posted on 14/05/2025

Singapore office neither confirms nor denies local layoffs, after Microsoft announces global job cuts

SINGAPORE] The Singapore office of Microsoft did not confirm nor deny whether staff in the Republic would be affected by terminations across the global tech company, in response to queries by The ...

Posted on 14/05/2025

Crypto platform FalconX partners with Standard Chartered

Crypto prime broker FalconX and global bank Standard Chartered said on Wednesday they had formed a strategic partnership to serve institutional crypto investors. The partnership marks FalconX's first ...

Posted on 14/05/2025

Cariflex launches US$350 million polyisoprene plant in Singapore, the world’s biggest

SINGAPORE] Synthetic rubber latex maker Cariflex has officially inaugurated its new plant in Singapore, furthering its supply-chain resilience and market penetration in South-east Asia. Read more at ...

Posted on 14/05/2025

Singapore’s Frasers Property to take REIT private in a $1.1 billion deal

Thai business magnate Charoen Sirivadhanabhakdi's Frasers Property has offered to take its Singapore-listed hospital real estate investment trust (REIT) private on Wednesday in a deal valuing it at ...

Posted on 14/05/2025

Here are the foreign nationals attending Donald Trump’s crypto gala dinner, critics call it an unprecedented level of corruption; here’s how much each paid and what to expect …

Donald Trump is hosting a private dinner for top buyers of his memecoin. Many are foreign investors, raising concerns about fairness and corruption. Only 220 people are invited.

Posted on 14/05/2025

Indonesian tankers set for longer routes as Pertamina phases out Singapore fuel imports

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 14/05/2025

Indonesia’s plan to cut fuel imports from Singapore could disrupt trade flows, but fallout likely minimal: Analysts

Indonesia is looking to change the source of some of its fuel imports from Singapore to the United States as part of tariff negotiations.

Posted on 13/05/2025

Tariffs and Chips: Singapore’s Talks with the U.S.

Singapore is negotiating with the U.S. to ease tariffs on pharmaceuticals and secure access to advanced chips amid shifting trade policy.

Posted on 13/05/2025

Singapore stocks give up most gains from US-China tariff reprieve as Asia relief rally cools

The STI jumped nearly 1.9% 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

US-China tariff rollback: marginal gains for Singapore amid lingering uncertainty

SINGAPORE] A temporary rollback in US-China tariffs has buoyed global markets and near-term sentiment, but economists expect any benefits to Singapore’s economy to be limited and short-lived. Read ...

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.

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