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Posted on 28/02/2025

Singapore stocks fall as trade tariff concerns re-emerge overnight; STI down 0.7%

Regional markets were also in the red on Feb 28. South Korea’s Kospi shed 3.4 per cent, Hong Kong’s Hang Seng Index declined 3.3 per cent, Japan’s Nikkei 225 fell 2.9 per cent, and the Kuala Lumpur ...

Posted on 28/02/2025

Who is Catherine Wu, adviser said to be the reason behind Singapore’s 4th richest billionaire Kwek Leng Beng’s feud with son?

Catherine Wu, adviser to Singaporean billionaire Kwek Leng Beng, has emerged as a key figure in the tycoon’s feud with his son Sherman Kwek after the latter called her the “primary reason” behind the ...

Posted on 28/02/2025

Closer look at key figures in CDL’s family business empire of Singapore’s 4th richest billionaire Kwek Leng Beng

More than 15 members of the Kwek family are part of Hong Leong Group, which controls City Developments Limited, now at the center of a dispute between chairman Kwek Leng Beng and CEO Sherman Kwek.

Posted on 28/02/2025

Singapore charges 3 for fraud reportedly linked to Nvidia chips

Singapore has charged three men with fraud, according to court documents, in cases reportedly linked to the transfer of AI-powering Nvidia chips to China.

Posted on 28/02/2025

Singapore charges three with fraud that media link to Nvidia chips

Singapore charged three men with fraud in a case domestic media have linked to the movement of Nvidia's advanced chips from the city state to Chinese artificial intelligence firm DeepSeek.

Posted on 28/02/2025

Singapore’s fiscal strength is a competitive advantage, not detrimental to Singaporeans: PM Wong

SINGAPORE’S fiscal strength is a “vital source of competitive advance”, and unexpected surpluses are better than surprise shortfalls, said Finance Minister and Prime Minister Lawrence Wong, rounding ...

Posted on 28/02/2025

Property Tycoon Ong to Plead Guilty Over Singapore Ex-Minister Scandal

Property tycoon Ong Beng Seng is set to plead guilty on two charges related to a case involving jailed former transport minister S. Iswaran. ( read original story ...)

Posted on 28/02/2025

Lydia Ko moves 1 shot behind A Lim Kim at LPGA Singapore

Lydia Ko shot a bogey-free 67 to move one shot behind A Lim Kim after two rounds of the HSBC Women's World Championship.

Posted on 28/02/2025

Maybank junior staff in Singapore to get $1,250 each to cope with rising living costs

SINGAPORE - Maybank Singapore on Feb 28 said all junior employees will receive a one-off payment of $1,250 to help them manage the rising costs of living.

Posted on 28/02/2025

Bitcoin down 25% from all-time high as crypto sell-off deepens

Bitcoin has tumbled amid worries about Trump's combative stance and broader concerns about the US economy. Read more at straitstimes.com.

Posted on 28/02/2025

Spectre of Trump’s tariffs hammers risk currencies, crypto

By Rae Wee SINGAPORE (Reuters) -Investors unnerved by the prospect of U.S. President Donald Trump's impending tariffs drove a wave of selling on Friday in risk-sensitive currencies such as the Aussie, ...

Posted on 28/02/2025

Singapore charges three with fraud in cases reportedly linked to smuggling of Nvidia chips to China

Officials in Washington are reportedly scrutinizing chip shipments to Singapore following the recent success of Chinese startup DeepSeek.

Posted on 28/02/2025

Iron ore logs monthly loss on China steel export concerns

By Michele Pek SINGAPORE (Reuters) -Iron ore futures prices fell on Friday and were set for monthly losses, pressured by U.S. tariff concerns and mounting trade frictions against Chinese steel exports ...

Posted on 28/02/2025

Singapore Leader Defends Election Year Handouts After Criticism

Singapore Prime Minister Lawrence Wong defended an election year budget featuring a list of handouts after opposition figures criticized the measures as a short-sighted solution for addressing rising living costs.

Posted on 28/02/2025

Singapore’s drugged wives rape ring: Member who claims trial loses appeal against conviction, sentence

The man, known only as O, was among seven men who were convicted for being members of a ring who sexually assaulting drugged wives. All other members had pleaded guilty, while O was the only one to stand trial.

Posted on 28/02/2025

Tanker crew member injured after ‘unauthorised boarding’ in Singapore Strait

A crew member on a Singapore-registered chemical tanker was injured due to an "unauthorised boarding" of the vessel on Friday and is being medically evacuated, Singapore's port authority said.

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