SINGAPORE/LONDON (Reuters) -Bankrupt crypto lender Celsius Network used investor money and customer deposits to prop up its own token, inflating its balance sheet while two of its founders cashed out ...
Leading Crypto Exchange BingX Wins TradingView Best Broker Award for the Second Year Running
BingX, one of the leading crypto exchanges, has been named Best Crypto Broker/Exchange for the second consecutive year in TradingView's Broker Awards for 2022. This award is decided based on feedback ...
MPL Singapore Season 5 to kick off in March 2023 with $100,000 prize pool
MPL Singapore Season 5 will hold its Regular Season throughout March and early April while the subsequent Playoffs will be hosted in mid-April. There are still slots open for participation.
Singapore manufacturers stay gloomy while service sector less upbeat: Surveys
All but one manufacturing cluster was pessimistic about business conditions with electronics most downbeat. Read more at straitstimes.com.
IMF sees Singapore growth slowing to 1.5% in 2023 as global headwinds offset China boost
The forecast was lowered from a projection of 2.3% made in October, in line with slower growth at most of Singapore’s major trading partners. Read more at straitstimes.com.
Climate tech investments, position Singapore as ESG arbitration centre: PwC’s Budget 2023 wishlist
OFFERING incentives for early-stage investments into climate tech solutions, and schemes to refine capital risk charge with respect to green finance could help strengthen Singapore’s global relevance ...
Singapore govt files parliamentary motion affirming commitment on affordable public housing, disagrees that it ‘has not done enough’
National Development Minister Desmond Lee has filed a motion to reaffirm the Government’s commitment to “keeping public housing affordable ...
Jail for man in S’pore who used Microsoft Word to forge S$25,000 bank transaction to sugar baby
After a 24-year-old woman rejected his proposal for a sexual arrangement, Liaw Jin Yi disguised his voice over a phone call with her, and pretended to be a former sugar baby to vouch for himself.
Golf: 18 of world’s top 20 players to compete at HSBC Women’s World Championship
SINGAPORE – A stellar cast for the HSBC Women’s World Championship in Singapore has been confirmed, with 18 of the world’s top 20 golfers – and all of last season’s Major champions – vying for honours ...
Crypto lender Celsius propped up its token, benefiting insiders – US bankruptcy examiner
Bankrupt crypto lender Celsius Network used investor money and customer deposits to prop up its own token, inflating its balance sheet while two of its founders cashed out millions, a U.S.
Singapore to buy electricity from Malaysia for first time from second half of 2023
The 100MW imported will be enough to power about 144,000 four-room HDB flats for a year. Read more at straitstimes.com.
Malaysia bags RM13 billion in foreign direct investment from three investors after Singapore mission
KUALA LUMPUR] Malaysia’s Ministry of International Trade and Industry has bagged an additional RM13 billion (S$4 billion) in foreign direct investment from three investors at the end of its mission in ...
Mapletree Pan Asia Commercial Trust keeps Q3 DPU unchanged at S$0.0242 due to higher finance costs
MAPLETREE Pan Asia Commercial Trust’s (MPACT) distribution per unit (DPU) stayed flat at S$0.0242 for the third quarter ended Dec 31, 2022, unchanged from a year ago. This was due to higher finance ...
Singapore stocks up 3% in January on expectations of peaking interest rates
REAL estate investment trusts (Reits) and the manufacturing sector drew strong investor interest on the anticipation of smaller interest rate hikes by central banks. Read more at The Business Times.
UOB raises $2.4 million for charity with 1,500 clients, through the Bank’s annual Lunar New Year Celebrations
UOB has partnered with some 1,500 clients to raise $2.4 million for charity as part of its Commercial Banking's annual Lunar New Year ...
Singapore shares track Wall Street losses to close 0.4% lower
SINGAPORE shares fell on Tuesday (Jan 31), tracking losses on Wall Street. The Straits Times Index (STI) slid 0.4 per cent or 12.62 points to end at 3,365.67. Read more at The Business Times.