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Posted on 12/09/2024

Vietnamese-American man charged in Singapore over US$8.3 million money laundering case

The 61-year-old purportedly got two women to set up companies and accompanying bank accounts in Singapore, which later received alleged overseas investment scam proceeds.

Posted on 12/09/2024

GIC, Temasek said to be in talks to invest in Midea’s Hong Kong IPO

GIC is weighing subscribing for about US$500 million (S$652 million) in the Chinese appliance maker’s offering, the people said, asking not to be identified as the information is not public. They said ...

Posted on 12/09/2024

Pope praises Singapore as a ‘shining example’ for humanity

Pope Francis praised Singapore and its citizens for their hard work and ingenuity, but he urged them to be mindful of the poor and of the migrant workers who do much of the hard labor.

Posted on 12/09/2024

Pope meets Singapore’s prime minister during final leg of trip through Asia

Pope Francis met with Singaporean Prime Minister Lawrence Wong Thursday as part of the final leg of his trip through Asia.

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.

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