(RTTNews) - The Singapore stock market on Wednesday wrote a finish to the eight-day winning streak in which it had surged almost 175 points or 5.6 percent. The Straits Times Index now rests just above ...
What does FTX’s crash mean for Singapore’s Temasek Holdings?
The fall of crypto exchange FTX last week should be seen as an isolated incident, not as a systemic failure of the industry, and should not ...
Temasek becomes latest backer to write down $275 mn funding in crypto exchange FTX
"In view of FTX's financial position, we have decided to write down our full investment in FTX, irrespective of the outcome of FTX's bankruptcy protection filing," Temasek said in a detailed statement ...
Singapore non-oil exports shrink for first time in nearly 2 years with 5.6% drop in October
The drop was worse than the 1.7 per cent contraction forecast by analysts in a Bloomberg poll. Read more at straitstimes.com.
Singapore new-home sales plunge to two-year low as cooling measures kick in while analysts expect prices to soften
The lull in the market is likely to provide an impetus for foreign investors to buy homes in Southeast Asia's main financial and business hub, according to Wong Siew Ying, head of research and content ...
Singapore’s Non-Oil Domestic Exports Dropped Unexpectedly in October
Non-oil domestic exports from the Southeast Asian trading hub in October contracted 5.6% compared with the same period a year earlier, Enterprise Singapore said Thursday. That missed the median ...
Singapore wants businesses to share solutions, best practices on world stage: Grace Fu
Singapore hopes businesses will share technological solutions on the global stage on how to rapidly cut greenhouse emissions, and exchange best practices with one another to help countries set more ...
Singapore’s Temasek writes down $275 mln investment in FTX
Singapore's state investor Temasek Holdings (TEM.UL) said on Thursday it will write down the value of its full investment in collapsed cryptocurrency exchange FTX, irrespective of outcome of its ...
Zelenskiy, Singapore’s Wong to Speak as NEF Talks Focus on Risk
Singapore’s finance minister and prime minister-in-waiting, will also speak Thursday, the final day of the three-day event, which has seen policymakers and business leaders discuss issues including ...
Singapore’s Temasek writes down $275 million investment in FTX
Singapore's state investor Temasek Holdings said on Thursday it will write down the value of its full investment in collapsed cryptocurrency exchange FTX, irrespective of outcome of its bankruptcy ...
Temasek Intends To Write Down Investments In FTX Of Up To $300M: Expert Weighs In On What’s Next In Crypto Investments
The state investment fund of Singapore, Temasek, is prepared to write down investments to the tune of $200 million to $300 million in the bankrupt cryptocurrency exchange FTX.
Bangladesh seeks Singaporean investment to become ‘connectivity hub’
Describing Singapore as a "connectivity hub" for distribution of services as well as trade, State Minister for Foreign Affairs Md Shahriar Alam yesterday shared the aspirations of Bangladesh to emerge ...
Mubadala Acquires Stake In Singapore’s Aircarbon
Abu Dhabi state fund Mubadala Investment Company confirmed on Wednesday that it has acquired a strategic stake in Singapore-based AirCarbon Excha ...
Singapore’s bank DBS to open office in Dhaka
Singaporean bank DBS yesterday announced that it will be expanding its regional footprint with the establishment of a representative office in Dhaka.
How local employees at this global bank gain from being youth mentors
About 40 volunteers from the bank’s Singapore office connect with 30 to 40 students every year in the programme. It is “a good take-up rate”, says Ms Green. Students would meet with their Credit ...
Global headwinds impede export to 7 trading partners
However, exports to the Netherlands, Singapore, and Brazil saw growth from the year earlier.India’s total mercantile exports fell 16.65% from the year-ago to $29.78 billion in October ...