OPNX, a digital asset exchange created by the founders of failed hedge fund Three Arrows Capital, has proposed a takeover of the struggling crypto lender Hodlnaut.
Singapore exports up 500% in H1
Exports to Singapore rose more than five times to $415 million in the first half of 2023 from $62.4 million in the same period last year, as imports from Singapore fell 82 per cent to $371.8 million ...
Surging US crude oil exports pushing down prices in Asia and Europe
The widening exports illustrate the increasing influence of crude from the US, the world’s biggest oil producer. Read more at straitstimes.com.
OPNX Offers $30M Bailout on Distressed Crypto Firm Hodlnaut in FLEX Tokens
The OPNX exchange would own approximately 75 percent of the Hodlnaut exchange if the deal is approved by the court.
Singpore exports up 500% in H1
Exports to Singapore rose more than five times to $415 million in the first half of 2023 from $62.4 million in the same period last year, as imports from Singapore fell 82 per cent to $371.8 million ...
Singapore tycoon arrested over graft agency probe involving minister
Singapore’s corruption watchdog said it had arrested one of the city-state’s most high-profile property tycoons, expanding a rare operation that has embroiled a minister and dented its reputation as a ...
OPNX exchange bids for crypto lender Hodlnaut in Singapore
If approved by the creditors, OPNX would own 75% of Hodlnaut after the infusion of capital. Creditors would receive 30% of their claims in FLEX and other tokens, or a pro-rata payment of up to 95% of ...
OPNX exchange touted by Three Arrows founders bids for ailing crypto lender Hodlnaut
FLEX is associated with the CoinFLEX exchange, whose founders Mark Lamb and Sudhu Arumugam started OPNX this year. FLEX has a market value of about US$729 million and trading volume of just US$143,000 ...
Singapore interested in sealing trade accord with Mercosur and in the Port of Santos concession
“In November, we will be in Singapore with Brazil Export and we will see in situ the entire structure and functioning of the port. I also intend to have a bilateral agenda with the ministers of ...
Delaying GST hike will ‘store up more problems’ for Singapore: DPM Wong
GST will increase to 9% on 1 January 2024. Deferring the GST increase in 2024 will “only store up more problems” for Singapore in the future, Deputy Prime Minister Lawrence Wong said. Wong said this ...
George Goh submits eligibility papers for Singapore Presidential Election, says 5 firms he heads have shareholders’ equity of over S$1.5b
After submitting his application for a certificate of eligibility to contest the coming Presidential Election, Harvey Norman Ossia founder George Goh ...
Presidential hopeful Ng Kok Song submits forms, stresses importance of Singapore’s reserves
Presidential hopeful Ng Kok Song has submitted his application for a certificate of eligibility to contest the upcoming presidential election.
Singapore’s competition watchdog looking into Grab’s proposed takeover of Trans-Cab: Alvin Tan
SINGAPORE’S competition watchdog is looking into Grab’s proposed takeover of Trans-Cab, Minister of State for Trade and Industry Alvin Tan told Parliament on Thursday (Aug 3). Read more at The ...
The gist: New tax for large private water suppliers, tapping technology for safer roads
SINGAPORE - From taxing large private water suppliers to tapping technology for better road safety outcomes, MPs discussed a wide range of issues in Parliament on Thursday. Read more at ...
6 Best Crypto Exchanges And Trading Platforms Singapore
Our testing team has compared and reviewed 25 exchanges and this is our top list of the best crypto exchanges in Singapore.
Importers see cost of goods fall with stronger Singapore dollar
Thanks to a stronger Singapore dollar, importers here now have more purchasing power when buying goods from overseas.