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Category: BUSINESS

Posted on 06/08/2024

Indian spices not banned by Singapore, Hong Kong: Anupriya Patel in Rajya Sabha

As part of its import surveillance, the Singapore Food Agency placed the consignments of spices from the associated brands under Hold-and-Test regime for a period of one month ...

Posted on 06/08/2024

Tech lead jailed after Singapore investors lose S$1.1m to crypto firm started by Chinese tycoon

A&A Blockchain Innovation was started by Yang Bin, listed by Forbes in 2001 as China's second-richest man. The company drew S$6.7 million from more than 700 investors in Singapore.

Posted on 06/08/2024

WhoMadeWho, Da Capo to Headline AFTER 2049, Singapore’s Biggest Pre-Formula 1 Party

Closing out the world's largest Web3 conference, TOKEN2049, the party will be hosted on the SkyPark Observation Deck of Singapore's iconic Marina Bay Sands, delivering a night of sensory indulgence ...

Posted on 06/08/2024

Singapore stocks rose on Tuesday—STI climbed by 0.8%

Singapore stocks rose on Tuesday, August 6, rebounding from a global market slump where all three major Wall Street indices declined. The Straits Times Index (STI) climbed 0.8%, gaining 24.79 points ...

Posted on 06/08/2024

Singapore Fintech Deal Activity Rises Amid Declining Investments; Cryptocurrency, Blockchain, and Payments Lead Funding

Singapore’s fintech deal count rose by 19 percent to 117 deals in H1’24, but total deal volume fell 34 percent to US$522.89 million in H1’24 amid economic uncertainties. Investment in cryptocurrency ...

Posted on 06/08/2024

PAG-Backed Nuvama Targets Indian Wealth in Dubai, Singapore

The private-banking arm of Nuvama Wealth Management Ltd. has begun operating in Dubai and expects to begin business in Singapore in the next quarter, looking to tap the wealth of the Indian diaspora ...

Posted on 06/08/2024

Bitcoin Claws Back From Steep Losses as Crypto Traders Buy Dip

Bitcoin inched back to briefly top $56,000 on Tuesday after a bout of risk aversion in global markets inflicted steep losses on most major cryptocurrencies.

Posted on 06/08/2024

Malaysia, Singapore offer unique approaches to cryptocurrency supervision: experts

The growth of financial technologies, including blockchains and cryptocurrencies, depends on how well the legal system can adapt. Globally, as the legal status of cryptocurrencies remains ambiguous, ...

Posted on 06/08/2024

Singapore, Vietnam seek broader co-operation in securities and finance

VOV.VN - Minister of Finance Ho Duc Phoc and Second Minister for Finance of Singapore Chee Hong Tat witnessed the signing ceremony of a Memorandum of Understanding (MoU) between the Vietnam Stock ...

Posted on 06/08/2024

Small nuclear reactors: Big potential for Singapore, but with caveats

The deal, called a “123 Agreement”, gives Singapore access to technical information that is under US export control. The timing of the deal comes as hype builds around SMRs and their potential to ...

Posted on 05/08/2024

Crypto market crash triggered by ‘aggressive’ selling by Jump Trading – report

Jump Trading significantly contributed to the crypto market sell-off and it could be looking to sell another $104 million worth of wstETH.

Posted on 05/08/2024

Ethereum Sinks 22% as Crypto Market Cap Falls Below $2 Trillion

Ethereum sank 22% as crypto market woes appear linked to the same global economic factors that sent Asian stock markets plummeting on Monday.

Posted on 05/08/2024

Calm down, Singapore’s housing market is not about to collapse

01:37 Singapore government doubles residential property tax for foreigners to 60 per cent Singapore government doubles residential property tax for foreigners to 60 per cent Having grown accustomed to ...

Posted on 05/08/2024

Singapore launches market alliance to facilitate carbon credit trade

The Singapore Carbon Market Alliance (SCMA) was launched recently, serving as a national platform that will help connect developers of carbon credit projects with potential buyers.

Posted on 05/08/2024

Cryptocurrencies landscape in Malaysia and Singapore – Octa expert analysis

However, only a few states explicitly prohibit crypto mining. While the global regulatory landscape continues to evolve, Malaysia and Singapore offer unique approaches to cryptocurrency supervision.

Posted on 05/08/2024

Singapore stocks fell on Monday—STI dropped 2.5%

Singapore stocks fell on Monday, Aug 5, influenced by a slump on Wall Street following a poor jobs report from the United States. The Straits Times Index (STI) dropped 2.5%, or 85.57 points, to ...

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