Singapore national Malone Lam Yu Xuan will face trial in connection to a Bitcoin heist worth $240 million (S$320 million). According to authorities, the Bitcoin heist remains, to this day, one of the ...
New task force to help S’poreans, businesses seize opportunities from JB-Singapore RTS Link
One of its aims is to study how to tap the benefits from the rail link to rejuvenate the heartland. Read more at straitstimes.com.
$320m crypto heist suspect: How a Choa Chu Kang student went from gaming to a life of luxury
In just seven short years, Malone Lam Yu Xuan went from being a student in a secondary school in Choa Chu Kang to being dubbed crypto whizz-kid by some in the US in 2023. Many who saw his spending ...
Singaporean teen turned crypto scammer faces trial for $240M Bitcoin theft in US
SINGAPORE: At just 20 years old, Singaporean Malone Lam Yu Xuan has gone from being an online gaming enthusiast to one of the most notorious cryptocurrency scam ...
Crypto Market This Week: BTC Rebounds Ahead of FOMC, Macro Heat Over?
The crypto market closes another week, with investors hoping macro heat ends amid unchanged interest rates speculations ahead of the FOMC.
In 7 years, student from Choa Chu Kang went from gamer to alleged role in $320m crypto heist
Malone Lam, 20, reportedly gifted a Mercedes and a Ferrari car to a co-accused after a prior theft. Read more at straitstimes.com.
Singapore unleashes S$400 million to fuel business transformation and drive productivity growth
SINGAPORE: In a bold move to accelerate business transformation and workforce productivity, the Singapore government has announced a significant investment of o ...
How Singapore is Enhancing Philanthropy Through Policy Reforms
Singapore has introduced new policies, tax incentives, and donation-matching funds to strengthen charitable giving and nonprofit support.
Wall Street Goes All In On Great Crypto Comeback Fueled By Trump
What followed the FTX fallout was a huge crypto crackdown by regulators under President Joe Biden. The Commodity Futures Trading Commission, the US’s top derivatives regulator, recovered a record ...
CNA938 Rewind – Open for Business – What’s next for CDL after Kwek Leng Beng drops legal action against son Sherman
Billionaire tycoon Kwek Leng Beng is dropping the lawsuit filed against his son Sherman Kwek and other directors of City Developments Limited (CDL). Shares of CDL jumped more than 4% following the ...
Crypto Adoption in Southeast Asia Set to Grow
Cryptocurrency adoption in Southeast Asia continues to gain momentum, with the region accounting for 60% of global crypto activity. A Statista report forecasts the crypto market to reach $1.78 billion ...
Singapore stocks end flat on March 14 amid mixed regional finishes
SINGAPORE – Local shares had nowhere to go on March 14 as investors here and elsewhere tried to get a grip on the trade war threats roiling financial markets.
Singapore and Thai firms, organisations ink 5 pacts covering e-commerce and other areas
The MOUs were signed on the sidelines of a bilateral economic ministers’ meeting here. Read more at straitstimes.com.
Singapore’s DBS raises $2 billion through US dollar bonds, term sheet shows
DBS Group , Southeast Asia's biggest bank, has raised $2 billion through a multi-tranche U.S. dollar senior bond issuance for general business purposes and to finance treasury activities, according to ...
AIA Singapore’s value of new business rises 15% in 2024 to US$454 million
SINGAPORE] AIA Singapore’s value of new business (VONB) rose 15 per cent on the year to US$454 million for the full year ended Dec 31, 2024, from US$394 million in the year-ago period, on a constant ...
CNA Explains: What happens if a Singapore-licensed investment platform goes under?
On online forums and social media, users highlighted that – unlike for bank deposits – money placed with such investment platforms is not covered by the Singapore Deposit Insurance Corporation's (SDIC ...