Law and Home Affairs Minister K Shanmugam said Singapore’s investigations were carried out independently and not requested by the US, which has placed export controls on the chips.
Servers Used in Singapore Fraud Case May Contain Nvidia Chips, Minister Says
Singapore's Home Affairs and Law Minister K Shanmugam told reporters on Monday that the servers involved in the case were supplied by Dell Technologies and Super Micro Computer before they were sent ...
Singapore’s CDL Loses Biggest Developer Spot After Feud
Singapore’s largest listed developer after its stock fell on Monday, underscoring investors’ concern about the family feud unfolding in public. Shares of the Singapore-based developer fell as much as ...
CDL lifts trading halt amid boardroom tussle, says ‘business as usual’
It had called for a trading halt on Feb 26 in view of the falling-out between Kwek Leng Beng and his son Sherman. Read more at straitstimes.com.
CDL shares to resume trading; company says it’s “business as usual”
SINGAPORE: The trading halt on shares of City Developments Limited (CDL) is being lifted on Monday (Mar 3) with the company saying it's "business as usual" after the boardroom leadership tussle ...
Robinhood to Launch Crypto Services in Singapore by 2025
Market experts predict that if Robinhood successfully establishes itself in Singapore, it may expand to other Asian markets, further solidifying its presence in the global crypto ecosystem.
High-stakes father-son feud rocks Singapore property giant
A high-stakes father-and-son feud has plunged Singapore property giant City Developments Ltd (CDL) into turmoil, with the private boardroom dispute of one of the city-state's wealthiest families ...
More Singapore firms keen to explore new markets like Central Asia: SBF
An agreement between Singapore and Kazakhstan aims to pave the way for Singapore firms to expand business operations there. The Singapore Business Federation says there is a growing number of firms ...
3 Men Charged In Singapore Amid US Export Crackdown Of Nvidia Chips To China
Three men were charged with fraud in Singapore on Thursday following raids linked to the alleged illegal movement of Nvidia chips to China, bypassing U.S. export controls. The men were among nine ...
Singapore stocks fall in line with regional bourses as US trade tariff concerns re-emerge
SINGAPORE - Singapore stocks fell in tandem with other regional markets on Feb 28 as investors reassessed the potential impact of tariffs imposed by US President Donald Trump. The Straits Times Index ...
Over 50 travellers nabbed for failing to declare cash, pay taxes at Singapore checkpoints
SINGAPORE: More than 50 travellers were caught for carrying undeclared cash and engaging in other illegal cross-border activities during a week-long operation at Singapore's checkpoints.
Woman, 19, caught at checkpoint with 6 undeclared toys in excess of GST import relief allowance
A 19-year-old woman caught travelling with six undeclared toys in excess of goods and services tax (GST) import relief allowance in a multi-agency enforcement operation by the authorities from Feb 19 ...
Three charged in Singapore with alleged link to illicit shipments of Nvidia GPUs to China
Accused face up to 20 years in prison The authorities in Singapore have charged three men with fraud, allegedly in connection with the shipment of Nvidia GPUs into China in violation of US export ...
CEO Sherman Kwek should prioritize recovering $1.4B loss, says director siding with Singapore’s 4th richest man Kwek Leng Beng
A director of City Developments Limited who supports chairman Kwek Leng Beng has called on CEO Sherman Kwek to focus on resolving a SGD1.9 billion (US$1.4 billion) debt occurred from a failed China ...
Three charged in Singapore in case linked to illicit shipments of Nvidia GPUs to China
Accused face up to 20 years in prison The authorities in Singapore have charged three men with fraud, reportedly in connection with the shipment of Nvidia GPUs into China in violation of US export ...
Nvidia Chips Smuggled To China? 3 Men Charged In Singapore Amid US Export Crackdown
Three men were charged with fraud in Singapore on Thursday following raids linked to the alleged illegal movement of Nvidia chips to China, bypassing U.S. export controls. The men were among nine ...