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Tag: crypto

Posted on 16/05/2025

SingTel to sell $1 billion stake in Bharti Airtel via block deals, Business Standard reports

(Reuters) -Singapore Telecommunications is expected to sell shares worth $1 billion in Indian telecom major Bharti Airtel on Friday through block deals, the Business Standard newspaper reported on ...

Posted on 15/05/2025

Singapore’s DCS Card Centre launches fiat and crypto card with Visa

DCS Card Centre, a leading transformative financial institution that pioneered cashless payments as Diners Club Singapore, and Visa (NYSE: V), a global leader in digital payments, have jointly ...

Posted on 15/05/2025

Crypto has become the ultimate swamp asset

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 ...

Posted on 15/05/2025

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.

Posted on 15/05/2025

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 ...

Posted on 15/05/2025

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.

Posted on 15/05/2025

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 ...

Posted on 15/05/2025

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.

Posted on 15/05/2025

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 ...

Posted on 14/05/2025

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.

Posted on 14/05/2025

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.

Posted on 14/05/2025

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.

Posted on 14/05/2025

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 ...

Posted on 14/05/2025

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.

Posted on 14/05/2025

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.

Posted on 14/05/2025

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 ...

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