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Posted on 24/01/2025

Singapore Court Approves Next Step in Crypto Exchange WazirX’s Repayment Process After Massive $230,000,000 Hack

Indian crypto exchange WazirX has just secured the approval of the Singapore High Court to convene with its users in a bid to address debts and recover following a costly cyberattack last year.

Posted on 24/01/2025

Our 2025 picks: Grand Venture Technology — Recent run looks set to continue with sector upswing

The market has seemingly been bullish on the stock, with GVT’s share price closing on Jan 16 at 84.5 cents, a 32.03% surge over the past month.

Posted on 24/01/2025

OCBC CEO meets key Great Eastern deal holdouts in $1.4 billion takeover bid

OCBC in 2024 made a $1.4 billion bid to take full control of the 116-year-old insurer. Read more at straitstimes.com.

Posted on 24/01/2025

DBS/POSB launches limited-edition home scent reminiscent of mandarin oranges for CNY

In celebration of Chinese New Year, DBS/POSB has launched its limited-edition home scent Abundance. Created in collaboration with Singapore-based creative agency The Secret Little Agency, Abundance ...

Posted on 24/01/2025

TSV project a significant initiative for GVT; DBS

Beyond TSV, GVT is also developing front-end solutions in areas such as atomic layer deposition, metrology, and inspection which should augment front-end contributions once it enters mass production.

Posted on 24/01/2025

WazirX $230-million heist: Singapore court allows WazirX parent to hold meet with crypto users

The firm had moved the court through an application on December 6, 2024, seeking permission to convene a meeting with creditors (users) to present and vote on a proposed scheme aimed at providing ...

Posted on 24/01/2025

Singapore stocks fall amid easing monetary policy settings and Trump tariff remarks; STI down 0.1%

SINGAPORE shares ended slightly lower on Friday (Jan 24), following the Monetary Authority of Singapore (MAS) easing monetary policy settings and US President Donald Trump calling for lower interest ...

Posted on 24/01/2025

Singapore’s Starhub, Nokia To Work Together On 5G And 4G Technology

HELSINKI, Jan 23 (Bernama-dpa) -- Singaporean multinational telecommunications conglomerate StarHub and Finland's telecoms giant Nokia have announced a partnership in the area of fourth and fifth ...

Posted on 24/01/2025

Finance leaders in Singapore look to AI to restore trust in corporate reporting: EY

The majority of finance leaders in Singapore are worried about the integrity and reliability of their non-financial data, according to EY's recent report.

Posted on 24/01/2025

OCBC CEO Meets Key Great Eastern Deal Holdouts On $1 Billion Bid

Oversea-Chinese Banking Corp.’s chief executive officer made a fresh effort to win over key shareholders of a Singapore insurer that the bank has been trying to take full control of for over two ...

Posted on 24/01/2025

In joint police operation, 16 Malaysians nabbed in KL over S$1.4m scam targeting Singapore victims

KUALA LUMPUR, Jan 24 – Sixteen Malaysians linked to a transnational scam syndicate that caused victims to lose more than S$1.4 million (RM4.6 million) were reportedly arrested in Kuala Lumpur on ...

Posted on 24/01/2025

Singapore stocks traded higher on Friday—STI rose 0.2%

SINGAPORE: Singapore stocks traded higher on Friday (Jan 24), following gains in global markets. The Straits Times Index (STI) rose 0.2% or 8.41 points to 3,814.98 at 9.01 am, The Business Times ...

Posted on 24/01/2025

3 arrested, over 8,700 vape products seized after distribution network uncovered

Illicit items such as duty-unpaid cigarettes and packets of suspected drugs were also seized. Read more at straitstimes.com.

Posted on 24/01/2025

In Singapore, 71-year-old man jailed for sexual assault under guise of ritual to heal ‘black magic’

SINGAPORE, Jan 43 – A 71-year-old man was reportedly sentenced to six years and eight months in jail yesterday for sexually assaulting a woman under the pretext of curing her of “black magic”. CNA ...

Posted on 24/01/2025

Singapore factory output grows 10.6% in December, beating forecasts

Electronics, which accounts for nearly half of S'pore’s manufacturing output, saw an increase of 14.3%. Read more at straitstimes.com.

Posted on 24/01/2025

Singapore’s factory output rises 10.6% in December, beats expectations

SINGAPORE’S factory output rose 10.6 per cent year on year in December, with all clusters recording growth, based on data released by the Economic Development Board on Friday (Jan 24). Read more at ...

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