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Posted on 27/11/2024

S$1.5b nickel investment fraud case: Man lived lavishly on gains from scheme he masterminded, prosecution says

(Photo: Reuters/Edgar Su) SINGAPORE: Alleged fraudster Ng Yu Zhi "lived lavishly" on the criminal proceeds from the S$1.5 billion (US$1.1 billion) nickel investment scheme he masterminded, prosecutors ...

Posted on 27/11/2024

Singapore Shares: Support Expected At 3,700 Points

The Singapore stock market has moved lower in back-to-back sessions, dropping almost 35 points or 0.9 percent along the way. The ...

Posted on 27/11/2024

Singapore Trader Pleads Not Guilty to $1.1 Billion Fraud

An ex-accountant accused of running a billion-dollar nickel scam that rocked Singapore’s business community pleaded not guilty on Tuesday to 42 charges including fraud and money laundering.Prosecutors ...

Posted on 27/11/2024

Singapore Prosecutors Say Trader Took $360 Million in Metal Scam

A Singapore businessman who convinced investors to put a total of S$1.5 billion ($1.1 billion) into a nickel trading scheme channeled a third of that into his own accounts, prosecutors said at the ...

Posted on 27/11/2024

Singapore’s MAS Warns of Rising Trade and Geopolitical Tensions

Singapore’s central bank warned of global monetary policy uncertainty in the face of increased trade friction and geopolitical wrangling.

Posted on 27/11/2024

Bus services affected by StanChart marathon this weekend

Twenty-seven SBS Transit bus services will be affected by lane/road closures for the Standard Chartered Singapore Marathon on Nov 30 and Dec 1. On Nov 30, bus services 10, 11, 14, 16/16M, 31, 32, 33, ...

Posted on 27/11/2024

Trump’s victory could make life harder for Hong Kong—and that may be good news for Singapore’s banks

Banks like Singapore's OCBC are poised to gain from Chinese investment into Southeast Asia—now potentially supercharged by a new Trump trade war.

Posted on 27/11/2024

Business in SG looking to hire head of AI, proper frameworks still a barrier

Business leaders capable of effectively tracking and measuring the impact of AI are much more likely to see tangible business benefits emerge on both company and employee levels. However, measuring ...

Posted on 27/11/2024

Singapore’s PAP goes from ‘faceless monolith’ to the forefront of activism

Prime Minister Lawrence Wong pushes for more direct engagement with Singaporeans to address changing electoral landscape and voter expectations.

Posted on 27/11/2024

Trial opens in S$1.5 billion nickel investment fraud case against Envy Global’s ex-director

The prosecution accused Ng Yu Zhi's defence team of time-wasting after his lawyers made an "eleventh hour" application to the court.

Posted on 27/11/2024

Break it Down: Orthocell takes next leap into Singapore sales

Stockhead’s Break it Down brings you today’s leading market news in under 90 seconds. In this episode, host Sarah Hughan tells all on Orthocell’s (ASX:OCC) medical device sales in Singapore on the ...

Posted on 27/11/2024

Singapore-listed Dow ETF offers local investors a gateway to US stocks, say panellists

Wong: It’s the same. So if you buy anything that is listed in the US, be it an ETF or a stock, whenever it pays dividends, an investor in Singapore will get hit by a 30 per cent withholding tax.

Posted on 27/11/2024

Subsea Global’s eco-friendly hull cleaning tech approved in Singapore

The authorisation enables stationary underwater cleaning, reducing downtime and promoting sustainable marine operations.

Posted on 27/11/2024

Singapore mobile gaming marketers allocate just 20% of budgets to APAC

Singapore mobile gaming marketers only spend 20% of their user acquisition budgets on the Asia Pacific region, whilst focusing more on North America (37%) and E ...

Posted on 27/11/2024

Blackface cases in Singapore spark outrage, calls to plug racial awareness gaps

In the latest case, eight people attended a UOL event wearing afro wigs and black-painted faces, prompting the company to apologise.

Posted on 27/11/2024

Singapore-developed unmanned aircraft scoops up defence technology prize

The V15 UAV takes off and lands vertically like a helicopter, and is less noisy and so harder to detect. Read more at straitstimes.com.

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