The fund is returning money to investors after losses on long Hong Kong and China equities positions as well as short Nikkei bets.
Seatrium secures $400 mil green loan facility from UOB for eco-projects
"Seatrium is pleased to partner with UOB on our inaugural green loan facility that will enable us to unlock new opportunities to scale our business ambitions in maritime and offshore renewables,” says ...
UOB reaffirms its support for Southeast Asian art through renewed partnership with National Gallery Singapore
SINGAPORE, Jan. 23, 2024 /PRNewswire/ -- National Gallery Singapore is pleased to announce the extension of its enduring partnership with UOB for an additional five years. As a Founding Partner of the ...
Three Arrows Capital co-founder reflects on “enjoyable” prison experience in Singapore
Singaporean prison In a post on2, Zhu reflected on his experiences through edited clips from an unreleased podcast ...
Crypto firm Terraform Labs files for Chapter 11 bankruptcy protection
Terraform Labs has filed for Chapter 11 bankruptcy protection, less than two years after a collapse of the company’s cryptocurrency devastated traders around the world ...
Singapore in rare U-turn on transport payment card but SimplyGo ‘policy blind spot’ not expected to deal political blow
A rare U-turn by the Singapore government to indefinitely postpone the phase-out of a transport ticketing system amid public backlash shows the administration is receptive to feedback, but political ...
Singapore’s core inflation rises to 3.3% in December, averaged 4.2% for 2023
SINGAPORE — Singapore’s core inflation rose slightly to 3.3 per cent year-on-year in December last year, official data showed on Tuesday (Jan 23). It edged up from 3.2 per cent year-on-year in ...
Man swam, cycled, ran 9,555km in Singapore to set record for longest triathlon
Mr Luigi Castelli trained for over three years and achieved the feat in 166 days. Read more at straitstimes.com.
‘Big mistakes’: Singapore hedge fund to shut after investors flee on wrong-way bets on China, Japan stock markets
Singapore hedge fund Asia Genesis Asset Management is closing down its flagship macro fund as investors bolted after its managers made “big mistakes” and lost confidence following wrong-way bets on ...
Singapore’s headline inflation averaged 4.8% in 2023, core inflation at 4.2%
SINGAPORE’S inflation in 2023 came close to official forecasts, as price increases in December largely held steady from the preceding month, data from the Department of Statistics (Singstat) showed on ...
Singapore Inflation Unexpectedly Quickens as Pressures Linger
Singapore’s core inflation unexpectedly picked up pace in December, signaling that price pressures in the city-state remain persistent. The core measure, which excludes housing and private ...
Singapore Inflation Sped Up Unexpectedly in December
Singapore's inflation accelerated unexpectedly in December, mainly due to a mild pick-up in core consumer prices and ...
Singapore inflation eases to 4.8% in 2023 from 6.1% in 2022; December prices rise at faster pace
Core inflation rose to 3.3 per cent year on year in December, up from 3.2 per cent in November. Read more at straitstimes.com.
Water, air-con and others to be disrupted in Singapore’s first islandwide Total Defence exercise
SINGAPORE — The Republic's first islandwide Total Defence exercise will be held in February to increase Singaporeans' readiness for crises and disruptions. This is among several events to commemorate ...
Singapore’s Asia Genesis closes hedge fund after losing bets on China, Japan
Singapore-based Asia Genesis Asset Management is liquidating its hedge fund after a "significant and unprecedented drawdown" following missteps in Chinese and Japanese bets.
Singapore-based Antler to focus on more evolved startups in 2024
JAKARTA -- Global venture capital (VC) firm Antler, known to incubate nascent startups from their day zero, plans to go upstream in 2024 and increase investments in slightly more evolved companies.