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Tag: business

Posted on 02/02/2024

Crypto exchange set up by Three Arrows co-founders to shut down

OPNX, created for the trading of bankruptcy claims, will shut down after a little over a year in operation. Read more at straitstimes.com.

Posted on 02/02/2024

CapitaLand Ascendas REIT delivers DPU of 15.160 Singapore cents for FY2023

FY2023 net property income grew 5.6% year-on-year to S$1,023.2 million. This was underpinned by contributions from acquisitions completed ...

Posted on 02/02/2024

Singapore’s DBS to merge capital markets and brokerage with treasury markets

Singapore's largest lender DBS Group said on Friday it will merge its equity capital markets, brokerage and digital exchange with its existing treasury markets business, with the new group renamed ...

Posted on 02/02/2024

Singapore’s corporate tax takings in first 9 months of FY23 almost at full-year estimate

IN THE first nine months of the fiscal year, Singapore’s corporate income tax receipts have almost reached the full-year estimate, with overall operating revenue also ahead of the pace, data from the ...

Posted on 02/02/2024

Singapore court denies 3AC’s dismissal request in crypto lawsuit against DeFinance Capital

The High Court of Singapore has dismissed an application by the now-bankrupt cryptocurrency hedge fund Three Arrows Capital (3AC) to throw out a lawsuit ...

Posted on 02/02/2024

Rising concerns over crypto drainer attacks prompt Singaporean authorities to issue cybersecurity warning

Crypto drainers, also known as wallet drainers, have emerged as a concerning cybersecurity threat in the cryptocurrency ecosystem.

Posted on 02/02/2024

New Crypto Report by Seedly and Coinbase Reveals More Than 1 in 2 Singaporeans Own Cryptocurrency and Believe That It Is the Future of Finance

Seedly, a Singapore-born personal finance management solution platform and subsidiary of MoneyHero Group (Nasdaq: MNY) has published its The Pulse of Crypto in Singapore Report to unveil the views of ...

Posted on 02/02/2024

Singapore businesses could gain from China’s restructuring: DPM Heng

THERE are many opportunities for Singapore businesses today to benefit from China’s economic transition, said Deputy Prime Minister Heng Swee Keat at an event on Thursday (Feb 1). Read more at The ...

Posted on 01/02/2024

Crypto markets at the start of Feb 2024 – Will love and BTC age well?

As of the beginning of February 2024, the crypto market is experiencing fluctuations influenced by various factors. The U.S. Federal Reserve’s stance on interest rate hikes has played a pivotal role ...

Posted on 01/02/2024

Singapore’s key exports down 1.5% in December, reversing previous month’s growth

SINGAPORE’S non-oil domestic exports (NODX) shrank 1.5 per cent year on year (yoy) in December, following a continued decline in electronics exports, data from Enterprise Singapore (EnterpriseSG) ...

Posted on 01/02/2024

Singapore stocks fall amid mixed regional trading; STI down 0.3%

SINGAPORE – Regional markets largely avoided the gloom that ... and UOB was down 0.1 per cent to $28.34. THE BUSINESS TIMES Join ST's Telegram channel and get the latest breaking news delivered to you ...

Posted on 01/02/2024

Creating Resilience – Moderate Growth Expected in Singapore Commercial Real Estate Despite Headwinds

An expected easing of inflation rates, accompanied by a gradual decline in interest rates in the second half of ...

Posted on 01/02/2024

Singapore, China eye enhancing business ties

About 200 Singaporean and Chinese business leaders and policymakers gathered Thursday in the city-state to exchange ideas and explore business opportunities between the two complementary economies.

Posted on 01/02/2024

Singapore police recommend hardware wallets against crypto drainers

The authorities raised concerns about ‘commercial’ crypto draining kits, which allow novice cybercriminals to arm up with sophisticated malware at no upfront costs.

Posted on 01/02/2024

High Court of Singapore Allows DeFiance Capital Suit Against 3AC To Proceed

The High Court of Singapore has rejected an application by bankrupt crypto hedge fund Three Arrows Capital (3AC) to dismiss a lawsuit brought against it by Cheong Jun Yoong.

Posted on 01/02/2024

China’s restructuring can bring opportunities for Singapore businesses: DPM Heng

THE global contestation to contain China’s growth will persist in 2024, but there remain opportunities for Singapore businesses to benefit ... solar panels and battery exports. “The rest of the world ...

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