Singapore is priming the world for increased tokenization of financial services. In a recent Monetary Authority of Singapore (MAS) media release, the MAS announced the rollout of Project Guardian, a ...
Singapore’s ex-broker gets 9-month jail sentence for stock manipulation
A former Singaporean stockbroker has been sentenced to nine months in jail for manipulating the Singapore Exchange to gain SGD$255,385 (US$194,000) illegally.
Changi Airport Group loses appeal to have tax break for $270m spent on assets like runways
SINGAPORE - Changi Airport Group (CAG) has lost an appeal to have a tax break for $270m spent on assets over three years. In dismissing the appeal, Justice Choo Han Teck said the assets – two runways ...
Google’s Tax Tricks: How They Pay Pennies on Billions in Korean Revenue
Google Korea CEO Kim Kyung Hoon faced the National Assembly over tax evasion allegations, asserting the company complies with tax laws.
Singapore stocks edge up on eve of US election following regional trend; STI rises 0.5%
On the STI, top gainer Hongkong Land continued to rally, closing up 7.1 per cent at US$4.80. Read more at straitstimes.com.
How one of the tiniest oil markets cost Singapore-based Trafigura $1.5 billion
Trafigura alleges that staff manipulated payments while concealing a mountain of overdue debts. Read more at straitstimes.com.
Singapore’s Changi Airport Group loses appeal to have tax break for more than RM893mil spent on assets like runways
SINGAPORE (The Straits Times/ANN): Singapore's Changi Airport Group (CAG) has lost an appeal to have a tax break for S$270 million (RM893 million) spent on assets over three years. In dismissing the ...
Three Arrows Capital (3AC) Crypto Fallout: Zhu Su’s wife sells her S$51M Singapore mansion amid financial turmoil
However, the hedge fund’s fortunes plummeted in 2022 due to a series of poor investment decisions coinciding with a broader downturn in the crypto market. Since the fund’s collapse, Zhu’s situation ...
Crypto platform Gemini clinches in-principle approval in Singapore
Gemini secures in-principle approval from Singapore regulators, marking a significant step in expanding its crypto services in the fast-growing Asian market.
Anchorage Digital Gets MAS License for Crypto Services in Singapore
Anchorage Digital Singapore has obtained a Major Payment Institution license from the Monetary Authority of Singapore (MAS).
Rise of crypto custody as more financial institutions enter digital asset space
By 2030, tokenised assets could account for about 10 per cent of the world’s gross domestic product (GDP). Read more at The Business Times.
Genting Singapore’s RWS casino chief Andrew MacDonald steps down
He had done so to “pursue personal interests”, said RWS owner Genting Singapore in a bourse filing. Read more at straitstimes.com.
How one of the tiniest oil markets cost Singapore-based Trafigura over $1.5 billion
Trafigura alleges that staff manipulated payments while concealing a mountain of overdue debts. Read more at straitstimes.com.
Three Arrows Co-Founder’s Wife Sells High-Value Singapore Home
Evelyn Tao, Zhu Su’s wife, successfully sold a redeveloped luxury home in Singapore, finalizing the transaction by October 2024 amid financial scrutiny.
Crypto fund founder’s wife sells mansion for S$51mil
The wife of Zhu Su, the co-founder of collapsed cryptocurrency hedge fund Three Arrows Capital (3AC), has managed to sell a mansion she owns here for S$51mil (RM168.5mil), despite a court-imposed ...
Crypto.com To Offer Equities Trading to US Customers After Acquiring Broker-Dealer
The Singapore-based digital asset exchange Crypto.com has acquired the US broker-dealer Watchdog Capital in an effort to launch equities trading for American customers.