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Posted on 12/09/2024

Hanhwa Group enters $448 million bid for controlling stake in Singapore plant manufacturer

Hanwha Group is seeking to acquire the management rights to Singapore-based Dyna-Mac Holdings, an offshore plant manufacturer, via a public tender offer totaling 600 billion won ($448 million).

Posted on 12/09/2024

Crypto Payments in Singapore Near US$1 Billion, Fueled by Stablecoin Adoption

Singapore’s crypto market has seen a notable increase in crypto payments, with merchant services receiving nearly US$1 billion in crypto.

Posted on 12/09/2024

Pope marvels at Singapore’s skyscrapers and asks that the lowest migrant workers not be forgotten

Pope Francis on Thursday praised Singapore’s economic strength as a testament to human ingenuity but urged the city-state to look after the weakest, too, especially foreign workers, as he opened the ...

Posted on 12/09/2024

Pope Francis, in Singapore, urges fair wages for migrant workers

Pope Francis on Thursday urged political leaders in Singapore, a leading global financial hub, to seek fair wages for the country's million-plus lower-paid foreign workers. In likely the last major ...

Posted on 12/09/2024

Why The Malaysian Ringgit Has Been Appreciating Against The Singapore Dollar In Recent Months

The Ringgit has risen over 4.5% against the SGD since July - backed by a stronger economy and being a potential winner of the imminent Fed rate cuts.

Posted on 12/09/2024

Singapore’s crypto ownership drops amid selloff: survey

More than 70% of past owners said they are likely to buy crypto next year.The survey polled 6,000 adults online from May to June across five countries: the U.S, the U.K., France, Singapore and Turkey.

Posted on 12/09/2024

Singapore Crypto Ban: Casinos Block Crypto Use Amid Money Laundering Fears

The country prohibits the use of cryptocurrency in casinos, promoting cashless gaming to mitigate money laundering risks.

Posted on 12/09/2024

Hymns, volunteers and sleepless nights: Singapore readies for Pope visit

Singapore's grandest arena, which has hosted Taylor Swift and Madonna, is getting ready to welcome an arguably bigger icon - Pope Francis. The pontiff will celebrate Mass with 50,000 people at the National Stadium on Thursday evening,

Posted on 12/09/2024

Singapore’s EliTe Solar to build 8GW solar manufacturing hub in Egypt

Singapore-based integrated solar manufacturing solutions provider EliTe Solar has announced plans to build an 8GW solar manufacturing hub in the Suez Special Economic Zone in Egypt. The initiative follows discussions with Egypt's Prime Minister and the ...

Posted on 12/09/2024

Diversify beyond tech: multi-sector Dow Jones ETF brings blue chips to Singapore

The SPDR Dow Jones Industrial Average ETF Trust, which is listed locally, tracks 30 prominent US companies. Read more. Read more at straitstimes.com.

Posted on 12/09/2024

Singapore Leads With $1 Billion in Stablecoin Transactions Amid Global Push

Eric Jardine, the Lead of Cybercrimes Research at Chainalysis, noted that businesses are increasingly adopting these tokens due to their “efficiency and low cost.” Furthermore, stablecoin transactions ...

Posted on 12/09/2024

Will September Be More Difficult for Bitcoin Miners?; Worldcoin Faces Scrutiny in Singapore

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a Jefferies report said that bitcoin mining was notably less profitable in August than July.

Posted on 12/09/2024

Pope travels from one of the world’s poorest countries to one of the richest: Singapore

Pope Francis is heading to Singapore for the final leg of his Asian trip. Francis ended his visit to East Timor with a rally Wednesday morning of young people who make up the majority of the country's ...

Posted on 11/09/2024

IPO frenzy goes next level! Bajaj Housing Finance receives Rs 3.2 lakh crore bids; GMP zooms over 100%

The IPO secured bids worth more than Rs 3.23 lakh crore. The robust demand was led by institutional investors who made bids worth Rs 2.6 lakh crore.

Posted on 11/09/2024

GIC, Hillhouse in talks to invest in Midea’s Hong Kong IPO, sources say

SINGAPORE sovereign wealth fund GIC and alternative asset manager Hillhouse Investment are considering investing in appliance maker Midea Group’s Hong Kong listing, sources said. Read more at The ...

Posted on 11/09/2024

Bajaj Housing Finance IPO sees Rs 3.2 lakh crore bids, GMP crosses 100%

The Rs 6,560-crore IPO has drawn a jaw-dropping Rs 3.2 lakh crore in bids, making it one of the most anticipated listings of the year. To put that in perspective, that's more than ...

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