Asset manager Franklin Templeton has secured approval from the Monetary Authority of Singapore to launch its tokenized Franklin OnChain US Dollar Short-Term ...
‘Nationalisation not on the cards’; SingPost to continue streamlining business, says group CFO Isaac Mah
Mah’s remarks came nearly three months after SingPost’s chairman, Simon Israel, told the media to “ask the government” when asked about the possibility of nationalisation at a Feb 26 briefing.
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 ...
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 ...
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 ...
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.