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Category: BUSINESS

Posted on 04/01/2023

Crypto Exchange Bithumb Former Chairman Found Not Guilty By South Korean Court

Former chairman of South Korean cryptocurrency exchange Bithumb Lee Jung-hoon on Tuesday was declared not guilty by the 34th Division of the Criminal Agreement of the Seoul Central District Court.

Posted on 04/01/2023

Bitcoin Adoption Still in Early Growth Phase as Relatively Small Percentage of People Invested in Crypto-Assets: Report

The Bitcoin (BTC) and crypto-asset market has evolved "dramatically" since its launch in 2009, according to an update from Kraken.

Posted on 03/01/2023

Lacklustre manufacturing sector to weigh on Singapore’s economy in 2023: Economists

The slowdown in the manufacturing sector is set to continue amid weaker global demand, economists said. File photo of skyline buildings of the Central Business District and the Singapore Merlion on ...

Posted on 03/01/2023

Singapore GDP up 3.8% in 2022 as Q4 growth moderates to 2.2%: flash estimates

SINGAPORE’S economy expanded 3.8 per cent year on year in 2022, with growth in the services sector helping to offset sluggish performance in the manufacturing sector, according to advance estimates ...

Posted on 03/01/2023

Singapore dollar goes toe to toe with Thai baht in tussle to be best regional currency

It comes as Indonesia’s rupiah, the Philippines’ peso and Malaysia’s ringgit all look set to struggle in the race to become Southeast Asia’s best-performing currency this year.

Posted on 03/01/2023

Winklevoss says crypto broker Genesis negotiating in bad faith

Cameron Winklevoss speaks at a New York State Department of Financial Services (DFS) virtual currency hearing in the Manhattan borough of New York January 28, 2014. REUTERS/Lucas Jackson ...

Posted on 03/01/2023

Singapore’s economic growth slows as global headwinds mount

Singapore’s economy grew by 3.8 per cent last year – more than expected but much slower than the 7.6 per cent rise enjoyed in 2021, official data showed on Tuesday.

Posted on 03/01/2023

Singapore’s economy beats forecasts with 3.8% growth in 2022

Singapore’s economy has grown more than expected in 2022 ... sharply down from 4.2 percent in July-September, according to the data. Exports for computer chips and other products have been hit by ...

Posted on 03/01/2023

Singapore’s economic growth slows to 3.8% in 2022; outlook darkens for 2023

SINGAPORE - Singapore’s economy grew by 3.8 per cent in 2022, slowing sharply from the 7.6 per cent growth achieved a year earlier, said the Ministry of Trade and Industry (MTI) on Tuesday. In the ...

Posted on 03/01/2023

Live updates: Singapore GDP grows 3.8% in 2022, exceeding official forecast

Gross domestic product grew 3.8 per cent in 2022, beating official estimates of 3.5 per cent, but well short of the 7.6 per cent growth in 2021. The city-state’s economy grew by 2.2 per cent ...

Posted on 02/01/2023

Basketball: Q&A with Singapore Slingers’ new import Chanceler Gettys

In this episode, ST sports reporter Deepanraj Ganesan is joined by two men who have won the tournament before - Singapore national team captain Hariss Harun and Thailand head coach Alexandre Polking.

Posted on 01/01/2023

Crypto is starting to be like another Clob saga

The Securities Investors Association (Singapore) or Sias was born when a huge speculative segment of the local stock market known as Clob International – on which some 180 Malaysian stocks were traded ...

Posted on 01/01/2023

Singapore’s PM Lee warns of uncertainties in 2023 as risks mount

We must brace ourselves … our economy will be affected’, Prime Minister Lee Hsien Loong said in his New Year’s Eve message, referring to a troubled international outlook.

Posted on 31/12/2022

Singapore PM Lee warns of uncertainties in 2023 as risks pile

As the world leaves the worst of inflation behind in 2022, Singapore’s Prime Minister Lee Hsien Loong warned of more pain in the new year from slowing economic growth.

Posted on 31/12/2022

Singapore may lift remaining COVID-19 curbs if situation is stable amid China cases, year-end travel: PM Lee

In his New Year message, Prime Minister Lee Hsien Loong also says Singapore must brace for economic uncertainties ahead.

Posted on 31/12/2022

A Record $3.7B Was Stolen in Crypto Hacks in 2022, DeFi Most Targeted

TRM Labs published a research report showing that a record $3.7 billion worth of crypto funds were stolen this year, 80% of which was associated with attacks on DeFi. The report identifies ten mega ...

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