Terraform Labs, the cryptocurrency firm behind the Luna and TerraUSD tokens, which crashed and wiped out an estimated US$40 billion in 2022, has declared bankruptcy in the U.S.
Singapore’s Turf Club faces closure after failure to keep the pace
Singapore – On a sunny Saturday afternoon in the far north of Singapore, a weekend ritual is in full swing. Racegoers at the Singapore Turf Club are crowded around banks of screens, studying the odds ...
Go green while growing your wealth: How a bank is creating opportunities for you to fight climate change
In line with the global shift towards sustainability, Citibank is helping its affluent clients do good for the planet through meaningful collaborations. Read more at straitstimes.com.
Nominee director fined after firm’s bank account was used to receive $620k in scam proceeds
SINGAPORE – A woman who acted as a nominee director of a local company was fined $3,000 after the firm’s bank account received more than $620,000 in scam proceeds. ( read original story ...)
Singapore’s rare U-turn on transport payment: will SimplyGo ‘policy blind spot’ become an election issue?
Public outcry over the issue is likely to have ‘shelf life’, analysts say, and is unlikely to be ‘deciding factor for how people will vote’. ( read original story ...)
New improved customs checks for goods traded between Singapore and Malaysia take effect
The MRA allows Singapore’s certified AEO exporters’ shipments to Malaysia to “enjoy fewer customs documentation checks and cargo inspections, and vice versa”, said Singapore Customs on Tuesday.
VCI Global secures first IPO consultancy deal in 2024 with Singapore-based firm
VCI Global (NASDAQ:VCIG) has been engaged by a Singapore-based Fin-MedTech Medical Group as its initial public offering consultant for its intended IPO on Nasdaq which is expected to be completed in ...
VCI Global Secures Its First IPO Consultancy Deal in 2024 With a Singapore-Based Fin-MedTech Medical Group
VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) has been engaged by a Singapore-based Fin-MedTech Medical Group (the “Medical Group”) as its initial public offering (“IPO”) ...
Singapore golfers Chen Xingtong and Aamiya Koul eye a spot at HSBC Women’s World Championship
SINGAPORE – A pair of ladies’ golf clubs gifted by her ... On Jan 24 and 25, she will compete in the local qualifying tournament for the HSBC Women’s World Championship held here from Feb 29 to March ...
Mixed messages from Asia crypto investors
In contrast to Southeast Asia’s apparent crypto antipathy, the biggest increase in crypto ownership came from the United Arab Emirates where investor confidence in cryptocurrencies has seen ownership ...
Singapore jails self-styled religious teacher with HIV for 21 years for sexually abusing underage boys
The man abused the boys, who were aged between 11 and 16, after meeting them on Grindr or through video games or tuition He sexually abused them over several years from 2014, offering them gifts such ...
Owner of grilled fish restaurant chain Tanyu mulling over Hong Kong IPO, sources say
Tanyu has grown rapidly in recent years and now operates more than 260 outlets, including seven in Singapore. Read more at straitstimes.com.
SG forecast: UOB earnings preview
Key indicators, such as GDP growth, interest rates, and inflation, will significantly influence the bank's earnings outlook. Net interest margins (NIM) from existing loans emerged as a major driver ...
Singapore’s central bank likely to stand pat after inflation picks up
Singapore’s December inflation quickened to 3.7% year-on-year, faster than markets had forecasted (3.5% YoY) and up from the 3.6% YoY reported in the previous month. December saw food inflation ...
Singapore Financial Data Startup Raises $6.5 Million Series A To Double Down On AI
Bluesheets develops AI-powered data entry and management tools that aim to help companies process their financial data.
Hedge fund Asia Genesis shuts after ‘big mistake’ on China
The fund is returning money to investors after losses on long Hong Kong and China equities positions as well as short Nikkei bets.