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Category: BUSINESS

Posted on 22/02/2024

Singapore green jet fuel target ignites regional market interest, but sourcing concerns remain

said Singapore’s SAF plans creates “a lot of room” for mutual learning and support between the two countries. “If we can find a way to collaborate on the technology, research and business aspects, it ...

Posted on 22/02/2024

More multinationals are picking Singapore over Hong Kong to set up Asia hubs

Singapore and Hong Kong’s crypto goals on track despite US Bitcoin ETFs launch Hong Kong codified its position as mainland China’s finance centre by containing political protests and adhering to the ...

Posted on 22/02/2024

Naira Will Bleed If We Don’t Clamp Down On Crypto Platforms — Onanuga To CBN, EFCC

The Monetary Authority of Singapore also banned Singaporean investors from accessing ... should not be allowed to dictate the value of the Naira, not on its crypto exchange platform. “Other crypto ...

Posted on 22/02/2024

Fallen crypto mogul Do Kwon could face heavy sentence in US

Extradition decision comes 11 months after Kwon's arrest in MontenegroTerraform Labs co-founder Do Kwon, who was apprehended in Montenegro over his alleged involvement in a $40 billion cryptocurrency ...

Posted on 22/02/2024

Nvidia Q4 Earnings Boost Some Crypto; This AI-Token Is Rallying 25%

Tokens associated with artificial intelligence soared on Wednesday as technology giant Nvidia Corp (NASDAQ:NVDA) reported a smashing fourth fiscal quarter, surpassing ...

Posted on 22/02/2024

Bitcoin trails Ether as ETF hype shifts to crypto’s second-largest token

While some crypto fans view the funds as a precedent paving the way ... head of trading at OSL SG in Singapore. But Mr Von Haenisch added that he’s doubtful US Securities and Exchange chair Gary ...

Posted on 22/02/2024

Singapore shares started Thursday morning on a downward trend; STI dipped by 0.1%

SINGAPORE: Singapore shares started Thursday morning on a downward trend, echoing the losses in global markets overnight. As reported by The Business Times, at 9:01 am, the Straits Times Index (STI) ...

Posted on 22/02/2024

Commentary: As retrenchments rise in Singapore, only the paranoid will survive

Being capable, hard-working and having a long list of work achievements are no longer a guarantee for job security, says strategic communications lecturer Ian YH Tan.

Posted on 22/02/2024

Nvidia’s Hotly Anticipated Earnings May ‘Trigger’ Bitcoin and Crypto Correction, Analyst Says

The bitcoin {{BTC}} and the broader crypto rally could come to a halt if Nvidia's {{NVDA}} fourth quarter earnings fail to live up to the lofty Wall Street expectations, Singapore-based QCP Capital ...

Posted on 22/02/2024

Crypto Tycoon Do Kwon Should Be Extradited to U.S., Montenegro Court Rules

Disgraced cryptocurrency entrepreneur Do Kwon should be extradited to the U.S. to face trial on fraud charges, rather than to his native South Korea, a court in the tiny Balkan country of Montenegro ...

Posted on 22/02/2024

Beware of This New Crypto Scam: Finance Expert Loses $2.1 Million

A finance manager from Hong Kong falls prey to a crypto scam, losing over $2 million to a sophisticated fraudulent trading platform.

Posted on 22/02/2024

Business incubator expands office space in Singapore

There are now more opportunities for Chinese companies to set up shop in Singapore. A business incubator has expanded its office space and is looking to attract more in the coming year. The Suzhou ...

Posted on 21/02/2024

Navigating the Evolving Landscape of Crypto Crime

Chainalysis reports on crypto crime, highlighting a drop in illicit activities, with exceptions in ransomware and darknet market operations.

Posted on 21/02/2024

Man fined for illegally importing about 2 tonnes of meat products for sale

SINGAPORE – A man was fined $30,000 on Feb 21 for importing meat products from Thailand without a valid import licence. Ekachai Yasaeng illegally imported about two tonnes of meat products into ...

Posted on 21/02/2024

Singapore stocks fall amid mixed regional showing, STI down 0.8%

SINGAPORE – Local shares took a slide on Feb 21 in the wake ... on-year rise in net profit to $412 million for the second half of the 2023 fiscal year. THE BUSINESS TIMES Join ST's Telegram channel ...

Posted on 21/02/2024

Singapore secures exclusive ‘Eras Tour’ stop with financial support for Taylor Swift

Photo from Swift's Instagram Swift is set to perform six sold-out shows in Singapore early in March.The tourism board and culture ministry did not disclose the amount of the grant, but in a ...

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