Amid the years of rising geopolitical tensions, the steady growth of Singapore’s financial services industry has shown investors that this is a sector where they can take a long-term view, says Chee ...
Crypto bank Sygnum achieves unicorn status with new funding round that gives it a valuation of $1 billion
Sygnum, a crypto bank based in Switzerland and Singapore, has raised $58 million, giving the privately-held company a valuation of $1 billion. The round was led by Bitcoin-focused investment firm ...
Singapore, Malaysia Kindle a Border-Town Investment Boom
Hundreds of thousands of people travel across the causeway connecting Singapore and Malaysia daily, making it one of the world’s busiest border crossings.
8 Best Personal Loans in Singapore with Lowest Interest Rates (Jan 2025)
If you’re in urgent need of money, but are too paiseh to borrow from your family and friends, your best bet is probably a personal loan. With a personal loan, you borrow cash from a bank or financial ...
Snaking hour-long lines for new notes ahead of Chinese New Year
For 80-year-old Helen Su, who had stood in line for some two hours, the long wait is an annual affair. The retiree has been withdrawing brand-new notes for many years now as a “symbol of new ...
Singapore could end up as ‘collateral damage’ under Trump 2.0 tariffs, say experts
The unpredictable nature of Donald Trump, poised to begin his second US presidency, will make 2025 a volatile year, two veteran Singapore diplomats said at the UOB Global Markets Economic Forum held ...
China’s economic miracle not over: Singapore diplomat Tommy Koh
Koh says China’s economy is set to grow between 4 per cent and 5 per cent this year, boosted by demand for EVs, renewable energy and AI.
DBS’ Piyush Gupta sees US as global growth engine in 2025 but warns of headwinds
OUTGOING DBS chief executive officer Piyush Gupta expects the US to remain as a global growth engine, but warns of three potential headwinds that could lead to a market correction. Read more at The ...
Singapore could end up as ‘collateral damage’ under Trump 2.0 tariffs: Chan Heng Chee
Unpredictable nature of Donald Trump will make 2025 a volatile year, say two Singapore veteran diplomats. Read more at straitstimes.com.
Singapore shares bleed red ink; STI falls 0.1%
SINGAPORE - Shares in Singapore were in the red on Jan 14, amid a mixed regional showing. The benchmark Straits Times Index (STI) declined 0.1 per cent or 2.93 points to 3,788.77. The STI was led by ...
Digital asset banking group Sygnum turns unicorn after raising $80m
It will use the funds to expand its product portfolio, with a focus on Bitcoin technology. Read more at straitstimes.com.
Two people avoid losses of over S$218,000 due to Anti-Scam Centre and banks’ efforts
SINGAPORE: Two people who were targeted in separate scam schemes managed to avoid losses of more than S$218,900 after the police’s Anti-Scam Centre (ASC) and the victims’ banks stepped in.
DBS upgrades PropNex to a ‘buy’ rating, lifts target price on expected ‘rebound’ in property market
DBS Group Research on Monday (Jan 6) upgraded its call for real estate agency PropNex to “buy” and raised its target price on the counter by 21.1 per cent to S$1.15 from S$0.95 previously. Read more ...
Singapore’s single family offices climbed to 2,000 last year, minister says
The number of single family offices in Singapore grew to 2,000 in 2024, the deputy chairman of the city state's central bank, Chee Hong Tat, said on Tuesday.
Iron Ore Advances After Record China Imports Boost Demand Hopes
Iron ore surged back above the $100-a-ton threshold after data showed China’s annual imports of the steel-making ingredient reached a record and its trade surplus soared. Most Read from BloombergThese ...
Singapore family offices exceed 2,000 in 2024
THE number of single family offices (SFOs) in Singapore continued to grow last year, to exceed 2,000 by the end of 2024. Read more at The Business Times.