Nvidia shares fell nearly 8% on Monday, extending 2025 losses to 14%. The drop followed Singapore's detention of three people accused of misrepresenting the final destination of U.S.-made servers, ...
Singapore mulls caning as scam cases surge
Singapore said on Tuesday it would consider caning scammers as the city-state doubles down on swindling syndicates following record-high scam losses. Police figures show that at least SG$1.1 billion ...
Nvidia shares plunge 9% as Trump’s tariff crackdown and Singapore AI server smuggling arrests shake chip giant
The aggressive tariff plans prompted a broader market pullback, as concerns over trade restrictions sent stocks reeling and the Dow plunging more than 600 points.
Singapore to pilot carbon capture and storage technology at waste-to-energy plants
SINGAPORE will be launching a pilot by 2026 to test the viability of carbon capture technologies at its waste-to-energy plants, announced Senior Minister of State for Sustainability and Environment ...
Singapore’s Sea beats quarterly revenue estimates on e-commerce strength
Sea Ltd topped Wall Street estimates for fourth-quarter revenue on Tuesday, helped by strong growth in its financial services segment and e-commerce platform Shopee.
Singapore Considers Caning for Financial Scammers
Singapore is considering caning financial scammers to deter scams, which saw a 70% increase in losses last year. The government is also tackling malicious websites.
Singapore probes Nvidia chips allegedly linked to DeepSeek
A Singaporean minister said servers used in a fraud case may have contained chips from US chipmaker Nvidia. Local media report the case is linked to the Chinese AI startup DeepSeek's alleged ...
More than 14 years’ jail, caning for man in Singapore who raped wife
SINGAPORE: After slapping his wife and threatening to beat her to death with a metal rod, a man sexually assaulted and raped the woman.
Singapore considering canning for financial scammers; to tackle malicious websites
Singapore, Mar 4 (PTI) Singapore will consider caning financial scammers in certain cases, in recognition of the serious harm they cause, Minister of State for Home Affairs and Social and Family ... ( read original story ...)
UOB chairman Wong Kan Seng ups his stake in bank by 10,050 shares for total cost of $385,000
This brings Wong’s total stake to over 75,000 shares or 0.004% of total number of ordinary votes. Wong was the former deputy prime minister of Singapore.
Probe on Nvidia exports: Chips allegedly moved through Singapore were sent to Malaysia, final destination under investigation
Law and Home Affairs Minister K Shanmugam says Singapore’s investigations were carried out independently and not requested by the US, which had placed export controls on advanced AI chips.
Singapore shares close down following new US tariffs, STI drops 0.5%
SINGAPORE - The Straits Times Index (STI) closed down after the US announced additional tariffs on March 4. The STI closed down 0.5 per cent or 18.16 points at 3,890.76. Across the broader market, ...
Singapore takes more steps to detect money mules through information sharing, cooling-off measures
SINGAPORE will put more effort into detecting money mule activities in 2025, said Sun Xueling, Minister of State for the Ministry of Home Affairs (MHA). Read more at The Business Times.
YouTrip rolls out overseas transfer feature for Singapore users
SINGAPORE – Users of multi-currency mobile wallet YouTrip can now make overseas transfers to recipients in more than 40 countries. In a blogpost on March 3, YouTrip said the countries include Malaysia ...
US trade rules breached? Singapore detains three in Nvidia GPU crackdown
Singapore has arrested three for alleged fraud in re-exporting Nvidia GPUs to China's DeepSeek, raising US trade concerns over possible breaches of export restrictions ...
Committee of Supply 2025 debate, Day 3: Keith Chua on IPOS’ support for SMEs and Singapore as an arbitration hub
Many small- and medium-sized enterprises (SMEs) may not be aware of the opportunity to unlock the value of their intangible assets and intellectual property rights. Successful businesses should ensure ...