Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, pleaded guilty on Tuesday to two U.S. charges of conspiracy to defraud ...
Do Kwon pleads guilty to US fraud charges in US$40 billion crypto collapse
The South Korean founder of Singapore-based Terraform Labs was behind the TerraUSD and Luna digital currencies.
Do Kwon may plead guilty in US case over $51 billion collapse of Singapore-based Terraform
Implosion of Terraform’s TerraUSD stablecoin shook the crypto world in 2022. Read more at straitstimes.com. Read more at straitstimes.com.
Crypto Venture Capital Trends In Q2 2025: Mining Firms Lead The Way
Venture capital investment in crypto & blockchain startups dropped by 59% in Q2 of 2025, with $1.976B raised across 378 deals, partly due to absence of large transactions.
Passport Portfolios: A Strategic Playbook For Mobility, Tax And Talent In 2025
In 2025, a passport is more than a travel document—it’s an operating system for wealth. The families who treat mobility as a strategic asset, integrate tax modeling before they move, and reevaluate ...
A toast to the movers and shakers behind 60 years of economic prosperity in Singapore
BT has played a crucial and enduring role in telling the country’s economic story, says Grace Fu. Read more at straitstimes.com. Read more at straitstimes.com.
Pudgy Penguins mascot set for F1 Singapore debut after Kraken win
Pudgy Penguins mascot heads to F1 Singapore after Kraken trading contest win. PENGU token gains 55.1% over 30 days with new exchange listings. Several NFT collections show strong performance across 24 ...
Economists, MTI cautious on Singapore’s H2 growth despite full-year forecast upgrade
SINGAPORE] Private-sector economists and the Ministry of Trade and Industry (MTI) warned that the second half of 2025 will remain challenging, even as the official full-year growth forecast was ...
Singapore’s Wilmar International’s first-half profit drops
(Reuters) -Singaporean food conglomerate Wilmar International reported a 3.7% fall in its first-half core net profit on Tuesday, hurt by the weaker performance of its feed and industrial products ...
SMU, Tax Academy of Singapore launch int’l tax research initiative
Singapore Management University’s Yong Pung How School of Law and the Tax Academy of Singapore have launched the Singapore Tax Academy Research Initiative.
StarHub completes acquisition of MyRepublic’s broadband business in S$105 million deal
SINGAPORE: StarHub has fully acquired MyRepublic's broadband business, the telco announced on Tuesday (Aug 12). The telco, which owns a 50.1 per cent stake in MyRepublic Broadband, has bought the ...
Nippon Paint tycoon Goh Cheng Liang, one of Singapore’s richest, dies at 98
SINGAPORE] Singapore billionaire and philanthropist Goh Cheng Liang, founder of Wuthelam Group, passed away on Tuesday (Aug 12) morning at the age of 98. He is best known for founding Wuthelam Group ...
Singapore raises 2025 economic growth forecast but warns of uncertainty from US tariffs
Risks tilted to downside even as 2025 growth forecast raised to 1.5 per cent to 2.5 per cent, from zero to 2 per cent. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore key exports rise 7.1% in Q2 but full-year forecast unchanged as tariff concerns simmer
Trade agency still expects growth in key exports to come in at the lower end of its 1 per cent to 3 per cent forecast in 2025. Read more at straitstimes.com. Read more at straitstimes.com.
Crypto exec Do Kwon, charged with fraud, expected to plead guilty
NEW YORK (Reuters) -Do Kwon, the South Korean cryptocurrency entrepreneur facing U.S. fraud charges over two digital currencies that lost an estimated $40 billion in 2022, is expected to enter a ...
What will be the tax on the sale of shares bought as a resident and NRI?
Residential status at the time of acquiring the shares is not relevant for determining the tax implications on capital gains.