Financial giants Citi and Fidelity International announced the details of their first-of-its-kind proof-of-concept tokenized money market fund.
Maersk ordered to pay US$39mn to UOB in Hin Leong misdelivery claim
A Singapore court has ordered Maersk Tankers to pay more than US$39mn to UOB after it delivered a cargo of gasoil to since-collapsed commodity trader Hin Leong without the presentation of original ...
DBS says Trump win could boost SGX, SATS but negatively impact REITs
SINGAPORE: As the United States approaches its pivotal elections, experts from DBS Bank are closely monitoring the potential ramifications for Singapore’s equity markets. According to their analysis, ...
Changi Airport Group’s $273 million runways and taxiways investment tax break appeal gets denied by High Court
The decision stresses a key differentiation in tax law between physical infrastructure and operational equipment ...
Prabowo, Singapore’s Lawrence Wong Talk Possible Tech Transfer for Food Security
The ex-defense minister also revealed that both countries agreed to close the deal on food safety and agricultural technology soon. Singapore appears to be open to the idea of having the tech transfer ...
Singapore’s PM Wong reaffirms commitment to strengthening ties with US under President-elect Donald Trump
Singapore is familiar with Trump as he had visited the Republic during the Trump-Kim Summit in 2018, said PM Wong. Read more at straitstimes.com.
Niva Bupa Health Insurance IPO opens tomorrow: Price band & GMP among 10 things to know before subscribing to the issue
Niva Bupa Health Insurance Company's initial public offering (IPO) will open for public bidding on Thursday, November 7, and will close on Monday, November 11. The healthcare insurer has fixed the ...
Apex court rules developer can’t forfeit ‘unreasonable’ $1.2m deposit for $1.9m condo unit
The buyers did not go through with the deal after finding out their property agent had embezzled their money. Read more at straitstimes.com. ( read original story ...)
Apex court rules developer can’t forfeit ‘unreasonable’ $1.2m deposit for $1.9m condo unit
The buyers did not go through with the deal after finding out their property agent had embezzled their money. Read more at straitstimes.com. ( read original story ...)
Wife of convicted Hin Leong founder puts up Queen Astrid Park GCB for sale at S$100mil
SINGAPORE: The wife of convicted Hin Leong Trading founder Lim Oon Kuin has quietly put up for sale her good class bungalow (GCB) in Queen Astrid Park for S$100 million. The 999-year leasehold ... ( read original story ...)
Jail for woman who let her firm’s bank account receive scam benefits totalling over $1m
Chen Binjue committed the offence after she got involved in a scheme with a money laundering syndicate. Read more at straitstimes.com.
Singapore faces increased risks of higher costs, slower growth as Trump’s win makes for a more protectionist climate
THE export-driven Singapore economy is bracing for the likelihood of higher tariffs globally as unofficial results show former United States president Donald Trump has clinched a second term. Read ...
Yields Soar as Likely Trump Win Stirs ‘Bond Vigilantes’
Treasury yields surged once it became clear Trump had considerably improved on his 2020 election performance against Joe Biden. The two-year yield peaked at 4.312%, its highest since August, and last ...
Singapore Announces Plans To Introduce Autonomous Vehicles For Public And Logistics Use
Singapore’s Transport Minister Chee Hong Tat said that autonomous vehicle AV is the future and that the technology can be scaled and used along fixed routes.
Singapore Babies Born In 2025 To Get ‘Special Gift’ As Part Of #SG60 Celebrations, Says Indranee Rajah
As Singapore prepares to mark the 60th year (Diamond Jubilee) of its independence in 2025, the government has “a special gift” for the country’s “SG60 babies”. This has been revealed by minister ...
Singapore could brace for higher costs, slower growth as Trump’s win fuels protectionist shift
THE export-driven Singapore economy is bracing for the likelihood of higher tariffs globally as unofficial results show former United States president Donald Trump has clinched a second term. Read ...