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Tag: crypto

Posted on 15/06/2024

Singapore’s influencers rub shoulders with Lawrence Wong, PAP members – is it a ‘sell-out’?

The influencers’ attendance at the PAP event has prompted questions on whether they should be transparent about their partnerships with the ruling party.

Posted on 15/06/2024

Crypto platform to pay US$4.5 billion in SEC deal

Singapore-based crypto platform Terraform Labs PTE Ltd. and its founder, Do Hyeong Kwon, have agreed to pay US$4.5 billion after a jury found that them liable for fraud involving crypto trading that ...

Posted on 15/06/2024

Bonds Are Beating Bitcoin as Doubts Gather Over Crypto Rebound

Bitcoin retreated after setting a record of $73,798 in March and rallies back toward the peak have repeatedly fizzled.

Posted on 14/06/2024

Benefits Of Playing Crypto Casinos In Singapore: All You Need To Know

With the change in technology, crypto casinos in Singapore have made a significant impact on online gambling. Playing at crypto casinos offers numerous benefits that set them apart from their ...

Posted on 14/06/2024

Singapore shares fall amid mixed regional showing; STI down 0.8%

Regional markets were mixed. Japan’s Nikkei 225 rose 0.2 per cent and the Kospi in South Korea added 0.1 per cent while Hong Kong’s Hang Seng fell 0.9 per cent. Australia’s bourse recorded its worst ...

Posted on 14/06/2024

Singapore man finds “relief” after ending things with longtime GF who became “money-minded”

The man bought her a brand new iPhone, a staycation and an expensive meal for her birthday, but she demanded a hairdryer worth $600 too.

Posted on 14/06/2024

Singapore offers carbon tax rebates for refiners near term, sources say

SINGAPORE is offering refiners and petrochemical companies ... adding that companies will be given sufficient notice in advance of changes to facilitate business planning. In general, the carbon tax ...

Posted on 14/06/2024

Singapore to offer carbon tax rebates up to 76% for refiners, petrochemical firms, sources say

The tax concessions will provide a significant buffer for refiners' profit margins amid growing competition with newer plants in China and the Middle East. Carbon tax costs are estimated at between 80 ...

Posted on 14/06/2024

The U.S. is losing crypto developers to other countries, report says

“The U.S. continues to lose developer share, down 14 points in the past five years; only 26% of crypto developers are US-based today,” Coinbase said in a new report.

Posted on 14/06/2024

Briefs: US Fed signals one rate cut this year; Singapore economy expected to grow by 2.7% y-o-y in 2Q2024

In other news this week, the World Bank raised its forecast for global growth this year on strong US expansion.

Posted on 13/06/2024

Exclusive: Singapore offers carbon tax rebates for refiners near term, sources say

Singapore is offering refiners and petrochemical companies rebates of up to 76% for its planned carbon tax for 2024 and 2025 to help them ease cost stress and remain competitive versus rivals ...

Posted on 13/06/2024

Crypto Sector Ruffled by Slump in Curve Finance Exchange’s Token

The native token of Curve Finance, one of the cryptocurrency sector’s top decentralized exchanges, has tumbled to an all-time low.

Posted on 12/06/2024

Singapore money launderer gets 17 months in $2.2bn case involving illicit crypto

Smoke weed in Singapore and you could end up with 10 years in prison. Get caught with over 330 grams of cannabis and your corporal punishment might include a caning. But launder US$2.2 billion in ...

Posted on 12/06/2024

Container prices rise in Singapore as demand surges amid shipping, port disruptions

Rising demand and tighter supply sparked by shipping disruptions and port congestion have sent container prices here surging over the past eight months, according to new data. Read more at ...

Posted on 12/06/2024

Economists keep Singapore’s 2024 growth forecast at 2.4% but manufacturing outlook hit: MAS survey

Main drivers of growth shifted from manufacturing and exports to finance and insurance. Read more at straitstimes.com.

Posted on 12/06/2024

Singapore’s 2024 Growth Forecast Unchanged in MAS Survey

SINGAPORE—Experts surveyed by Singapore’s central bank have maintained their economic growth forecast for Singapore this year, though the composition of growth drivers has changed.The Monetary ...

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