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Tag: business

Posted on 21/11/2024

Labubu fever: Woman fined for bringing dolls into Singapore without declaring value, 3 boys investigated after 5 dolls go missing in Yishun

One of the latest stories attesting to “Labubu fever” in Singapore involves a woman who returned from a business trip from London and whose suitcase contained a number of pricey items, including ...

Posted on 20/11/2024

Asia’s jet fuel imports from India to hit multi-year highs in November

Asia's imports of jet fuel from India are set to hit multi-year highs in November ahead of peak winter demand after refinery outages and lower exports from China crimped supplies, according to ...

Posted on 20/11/2024

Singapore stocks slip as investors keep to sidelines on overseas concerns; STI drops 0.4%

It was much the same mixed outcome in the region. Japan’s Nikkei 225, the Kospi in Seoul and the Hang Seng in Hong Kong added modest amounts but Malaysian shares lost 0.3 per cent while Australia’s ...

Posted on 20/11/2024

Asia crypto hot spots reap gains from record Trump trade rally

SINGAPORE - A record-breaking crypto rally born in the United States is leaving its mark on Asia, including a jump in the value of Bitcoin held by Bhutan to more than US$1 billion (S$1.3 billion) and ...

Posted on 20/11/2024

Singapore stocks fall amid mixed regional showing; STI drops 0.4%

SINGAPORE stocks closed lower on Wednesday (Nov 20), as investors awaited chipmaker Nvidia’s earnings report and grappled with concerns over escalating geopolitical tensions after Ukraine fired its ...

Posted on 20/11/2024

RM16,000 fine for woman caught smuggling Labubu dolls, luxury bags into Singapore from London

It is understood the goods, which included luxury bags, accessories, and Popmart toys such as the popular Labubu dolls, were purchased during her business trip to London. Under Si ...

Posted on 20/11/2024

Asia crypto hotspots gain from US$800 bil rally led by US

A record-breaking crypto rally born in the US is leaving its mark on Asia, including a jump in the value of Bitcoin held by Bhutan to more than US$1 billion ($1.34 billion).

Posted on 20/11/2024

Asia Crypto Hotspots Reap Gains From Record Rally Sparked by US

A record-breaking crypto rally born in the US is leaving its mark on Asia, including a jump in the value of Bitcoin held by Bhutan to more than $1 billion and a surge in digital-asset trading volumes ...

Posted on 20/11/2024

Asia crypto hotspots reap gains from record Trump trade rally

SINGAPORE - A record-breaking crypto rally born in the United States is leaving its mark on Asia, including a jump in the value of Bitcoin held by Bhutan to more than US$1 billion (S$1.3 billion) and ...

Posted on 20/11/2024

Woman fined S$5,000 for bringing Labubu dolls & other items into S’pore without declaring their value

A female traveller was fined S$5,000 for failing to declare the goods in her possession to Singapore Customs after returning from a business trip in London. These goods, which were intended as gifts, ...

Posted on 19/11/2024

Singapore stocks rise in tandem with region as falling Treasury yields lift global equities

SINGAPORE - Stocks in Singapore rose on Nov 19 as Asian indexes ... to profoundly influence market sentiment and policy trajectories well into 2025. THE BUSINESS TIMES Join ST's Telegram channel and ...

Posted on 19/11/2024

US semiconductor firm launches initiative in Singapore for power-efficient AI data centres

This comes as data centres worldwide are struggling to meet the demands of artificial intelligence. Read more at straitstimes.com.

Posted on 19/11/2024

Leading Singapore property developer CEO says simplicity beats complexity when it comes to design: ‘Boring is okay’

GuocoLand's Guoco Midtown mixed use development boasts occupancy rates of over 90% despite its more simple looking facade.

Posted on 19/11/2024

Singapore shares rise at Tuesday’s open; STI up 0.3%

SINGAPORE stocks began trading in positive territory on Tuesday (Nov 19). As at 9.02 am, the Straits Times Index (STI) rose 12.35 points or 0.3 per cent to 3,744.9. Across the broader market, gainers ...

Posted on 19/11/2024

Singapore may miss 2024 key exports forecast as October disappoints with 4.6% drop

Electronic exports increased 2.6 per cent year on year in October, a rebound from the 0.7 per cent decline in the previous month. Integrated circuits – also known as chips or semiconductors – which ...

Posted on 18/11/2024

A Singapore oil magnate faces prison in a major fraud case over financing trade

A Singapore oil magnate has been sentenced to 17.5 years in prison for fraud and forgery in a case that prosecutors said has tarnished the city-state’s reputation as Asia’s leading oil trading hub ...

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