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Category: BUSINESS

Posted on 13/08/2025

Crypto mogul Do Kwon, known as ‘the cryptocurrency king,’ pleads guilty to fraud charges

South Korean cryptocurrency mogul Do Kwon pleaded guilty on Tuesday to two fraud charges arising from the $40 billion collapse of a cryptocurrency ecosystem that had promised investors their money was ...

Posted on 13/08/2025

Do Kwon pleads guilty to US fraud charges in $40 billion crypto collapse

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 ...

Posted on 13/08/2025

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.

Posted on 13/08/2025

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.

Posted on 13/08/2025

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.

Posted on 12/08/2025

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 ...

Posted on 12/08/2025

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.

Posted on 12/08/2025

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 ...

Posted on 12/08/2025

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 ...

Posted on 12/08/2025

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 ...

Posted on 12/08/2025

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.

Posted on 12/08/2025

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 ...

Posted on 12/08/2025

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 ...

Posted on 12/08/2025

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.

Posted on 12/08/2025

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.

Posted on 12/08/2025

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 ...

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