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Tag: crypto

Posted on 19/01/2023

Losses from crypto ransomware shrinks 40% as victims stop paying

The amount of losses incurred from cryptocurrency-related ransomware attacks plunged 40 per cent last year as victims increasingly refuse to pay the extortionists. Read more at straitstimes.com.

Posted on 19/01/2023

Singapore-based crypto unicorn Amber Group slashes Hong Kong workforce, SCMP reports

Singapore-based digital asset manager Amber Group has cut its Hong Kong staff by half to 40 to weather a slump in cryptocurrency prices and a cascade of bankruptcies in the industry.

Posted on 19/01/2023

Russian oil is getting mixed in Singapore and then re-exported, sources say

This trend of more Russia-to-Asia shipments and the growing role of hubs in their re-distribution may further intensify ...

Posted on 19/01/2023

Traders reap big profits in Singapore by mixing cheap Russia oil: Sources

Demand is soaring for oil storage tanks in Singapore, in a sign that a flood of Russian fuel is being blended and re-exported globally. Read more at straitstimes.com.

Posted on 19/01/2023

Steel company tops Corporate Knights’ Global 100, four Singapore names among world’s most sustainable listcos

A dollar invested in an index composed of Global 100 companies on Feb 1, 2005, would have generated a return 1.2 times higher.

Posted on 19/01/2023

The car rental business in Singapore is booming this CNY! Here are the best cars to rent before they are all gone!

A large part of Chinese New Year celebrations consist of visitations to friends and family members' homes, dressed in stylish new clothes, bringing mandarin oranges and other goodies along.While you ...

Posted on 19/01/2023

‘Inherently speculative … slightly crazy’: Davos bigwigs snipe at crypto and call for more regulation

Senior Minister Tharman Shanmugaratnam of Singapore said instead of regulating crypto it may be better to emphasize it’s unregulated so investors can make their own decisions.

Posted on 19/01/2023

‘Higher than usual’ surge in seafood prices in Singapore due to weather, high demand for CNY

With Chinese New Year taking place earlier this year in the midst of the seasonal rainy weather, fishmongers are saying that supplies of popular fish ...

Posted on 19/01/2023

Singapore Stock Market May Hand Back Wednesday’s Gains

The Singapore stock market bounced higher again on Wednesday, one day after snapping the two-day winning streak in which it had ...

Posted on 19/01/2023

Parliamentary committee asks Singapore Govt to review S$72.3b Covid-19 spending

A parliamentary committee has asked the Government to conduct a comprehensive review of the S$72.3 billion spent to combat Covid-19 in financial years ...

Posted on 19/01/2023

A Significant Crypto Market Maker Has Already Disassociated From the New 3AC Venture

Join Our Telegram channel to stay up to date on breaking news coverage Three Arrows Capital’s co-founders are teaming up with CoinFlex, which stated the partnership is an outgrowth of its “commitment ...

Posted on 19/01/2023

Crypto broker Genesis prepares bankruptcy filing as soon as this week

Crypto broker Genesis is preparing to file for bankruptcy as soon as this week, according to people familiar with the matter, as the company works towards a deal with creditors after months of ...

Posted on 18/01/2023

Tycoon says Singapore wants green fuel, not giant power cable

AUSTRALIAN billionaire Andrew Forrest sees an opportunity to export green fuels to Singapore after the collapse of a A$30 billion (S$27.7 billion) project to supply the country with clean electricity ...

Posted on 18/01/2023

Tycoon says Singapore wants green fuel, not giant cable

Singapore is among major global shipping hubs that are responding to decarbonisation with ambitions to boost trade in fossil fuel alternatives, including biofuels and hydrogen. Read more at ...

Posted on 18/01/2023

Business travel, high-end tourists lead return of China visitors to Singapore

BUSINESS travellers and high-end tourists are leading the return of China visitors to Singapore, with mass-market tourism unlikely to resume significantly yet amid economic uncertainty and limited ...

Posted on 17/01/2023

Singapore exports set to contract further amid weak demand: economists

SINGAPORE’S key exports are expected to contract further in the coming months amid weakening global demand conditions, and may only start to see improvements in the second half of the year, economists ...

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