The Monetary Authority of Singapore banned for nine years two founders of the failed crypto hedge fund Three Arrows Capital (3AC) ...
CZ laments Singapore’s changing stance towards crypto
The island nation was home to the crypto hedge fund Three Arrows Capital (3AC) that went bankrupt last year in the wake of Terra Luna [LUNA]’s collapse in May 2022. Terra’s collapse also led to the ...
South Korea’s Crypto Ecosystem Shakes Off Terra Debacle, With Gaming Dominating Web3 Activity
Korean banks are gradually dipping their toes in the market, and gaming firms are trying to capitalize in the crypto-frenzied market.
Decentralized stablecoins could dominate crypto: MakerDAO founder
Rune Christensen, the founder of DeFi pioneer MakerDAO, said that decentralized stablecoins would be dominant if crypto lives up to its full potential.
What slowing export demand from China and the West means for the rest of Asia
This will lead to a fall in export growth in Asian economies. The export exposure of the six largest Asean economies (Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam) to the ...
Indian national jailed in Singapore for biting off man’s finger during scuffle
A drunk Indian national in Singapore was jailed for 10 months on Friday for biting off the front portion of a fellow Indian's index finger during a scuffle in April this year, a media report said.
EbixCash’s IPO filing doesn’t disclose an adverse court order
The firm, a unit of Nasdaq-listed Ebix Inc., received the markets regulator’s approval for a ₹6,000 crore IPO in April.
The IPO market has ‘lost a lot of relevance,’ says Swiss asset manager Partners Group
The IPO market has lost a bulk of its relevance in the real economy, but there "absolutely enormous" opportunities are abound in the health-care sector.
Singapore’s anti-money-laundering regime is sound: DBS CEO Piyush Gupta
DBS Group CEO Piyush Gupta has stated that Singapore's anti-money-laundering regime is robust, with banks investing heavily in anti-fraud technology. However, Gupta noted that no system is foolproof.
New Singapore President Tharman vows to strengthen multiracialism, nurture more inclusive society
President Tharman Shanmugaratnam has promised to use the strong mandate he was given at the ballot box to strengthen Singapore’s multiracialism, and to nurture a more inclusive society.
Singapore has seen investment increase from India, China, and SEA – official
Singapore has seen increasing investments from India, China, and Southeast Asia in recent years even as the U.S. remains its largest investor, its investment chief said on Thursday.
Singapore central bank bars 3AC founders from market activity
Singapore's central bank said on Thursday it has barred the founders of bankrupt cryptocurrency hedge fund Three Arrows Capital (3AC) from market activity in the city-state for nine years. ( read original story ...)
UPDATE 2-Singapore c.bank bars 3AC founders from market activity
Singapore's central bank said on Thursday it has barred the founders of bankrupt cryptocurrency hedge fund Three Arrows Capital (3AC) from market activity in the city-state for nine years. ( read original story ...)
Singapore’s anti-money laundering regime sound, but banks can ‘dial up scrutiny’ on property financing: DBS’ Gupta
SINGAPORE’S anti-money-laundering regime is sound, with banks having invested heavily in anti-fraud technology since the global financial crisis, said DBS Group CEO Piyush Gupta, although no system ...
Singapore’s 9th President sworn in, Tharman says, “I will serve with all my heart”
SINGAPORE: “I pledge to discharge my duties diligently, faithfully, and to the best of my abilities, for the betterment of Singapore and Singaporeans. I will serve with all my heart,” said Singapore’s ninth President, Tharman Shanmugaratnam.
4 Singapore Stocks Poised to Raise Dividends in 2024
OCBC is Singapore’s second-largest bank by market capitalisation ... StarHub is a telecommunication company offering mobile, broadband, and cable TV services, among others. The group reported an ...