Over the past six months crypto has taken on a new role at the centre of American public life. Several cabinet officials have large investments in digital assets. Crypto enthusiasts help run ...
US-China tariff pause may help trade-reliant Singapore avoid a recession, say experts
One analyst said Singapore’s exports and overall growth may improve if US and China markets experience moderate demand from this temporary cut in reciprocal tariffs.
Singapore Airlines Posts Another Record Annual Profit, But Flags Trade Risks
Singapore Airlines’ annual profit climbed to a new high, though it flagged that tariffs and trade uncertainty cloud the outlook for the airline industry. The city-state’s flag carrier said Thursday ...
Singapore shares gain as investors take stock of earnings reports; STI increases 0.5%
Across the broader market, losers beat gainers 283 to 238. Read more at straitstimes.com. Read more at straitstimes.com.
Asia’s refined fuel imports drop, but margins still hold: Russell
Asia's imports of key refined fuels such as gasoline and diesel fell to the lowest in four years in April, driven by a combination of refinery maintenance and weaker demand in the top-importing region ...
Singapore biotech start-up Mirxes launches IPO in Hong Kong to raise $181 million
Trading in the shares is expected to start on May 23. Read more at straitstimes.com. Read more at straitstimes.com.
SingPost reports S$245 million net profit following sale of Australia business
SINGAPORE: Singapore Post reported a full year net profit of S$245.1 million (US$188 million) for its financial year that ended Mar 31. This figure, more than double last year's, was due to the ...
Analysts: U.S. Trade Pressure Likely Behind Indonesia’s Plan to Slash Singapore Fuel Imports
Earlier, Energy and Mineral Resources Minister Bahlil Lahadalia announced the plan to stop oil imports from Singapore.
Genting Singapore’s 1QFY2025 earnings down 41% y-o-y to $145 mil; CEO Tan Hee Teck retires
On the same day as its 1QFY2025 business update announcement, Genting Singapore announced the retirement of its CEO of the company and RWS Tan Hee Teck.
Singapore-Based MetaComp Launches Stablecoin-Powered FX Payment Platform
Stablecoin-powered StableX enables “always-on access” to foreign exchange with speed, cost-efficiency, and reliability.
Congo may impose more cobalt curbs after four-month export ban
The Democratic Republic of Congo may impose strict curbs on exports of cobalt when its existing four-month export ban ends, the head of a government agency said on Wednesday. Congo, the world's ...
Singapore equities slide on Wednesday; STI declines 0.3%
SINGAPORE] Local stocks finished lower on Wednesday (May 14), as investors took stock of the United States and China trade chatter. Read more at The Business Times.
Changi Airport’s T5 to create jobs, business opportunities for Singaporeans, says PM Wong at groundbreaking
When the mega terminal's first phase is completed in the mid-2030s, it will be able to handle about 50 million passengers annually.
News Explorer — Standard Chartered and FalconX Shake Hands on Deal to Improve Crypto Services for Institutional Clients
Standard Chartered is partnering with FalconX to enhance crypto services for institutional investors, leveraging the bank's infrastructure and FX capabilities. FalconX plans to focus on Singapore ...
Crypto Brokerage FalconX, Standard Chartered Partner to Support Institutional Investors
FalconX will leverage Standard Chartered’s banking and forex services, including access to currencies, to serve institutional clients.
Ether Nears $2.7K, Dogecoin Zooms 9% as Crypto Market Remains Cheery
Ether (ETH) and dogecoin (DOGE) led majors gains on Wednesday with a 9% jump in the past 24 hours, extending a bullish streak that’s seen both tokens gain double digits over the past week. The broader ...