In the 12 months since bitcoin peaked at over $68,000, the crypto trade has unwound, sending many coins to zero and hedge funds and lenders into bankruptcy.
Singapore – In The Eye Of The Storm – Crisis Management Playbook In Crypto’s Lehman Brothers’ Event.
Singapore - In The Eye Of The Storm - Crisis Management Playbook In Crypto's Lehman Brothers' Event. Legal News and Analysis - Singapore - Banking & Finance, Regulatory & Compliance - ...
FTX investors fear their money is lost as crypto company collapses
Since 1990, the Ontario Teachers Pension Plan has managed hundreds of billions of dollars in assets for nearly 200,000 education workers, holding stakes in traditional investments from airports to ...
Japanese tech firms expanding into Singapore and South-east Asia
SINGAPORE - Workers in the construction industry used to mark physical diagrams with coloured pencils while planning their work, but they now have the option of tracking their progress on a tablet ...
Reed Smiths Adds From Milbank in Singapore
Hui Ling Teo, a transportation lawyer who has spent the last seven years at Milbank in Singapore, has left the firm to join Reed Smith as a partner. Teo specialises in the aviation, transportation and ...
Collaboration a key feature of Singapore’s climate agenda at COP27: Grace Fu
Singapore launched its first pavilion at the COP27 summit, the annual United Nations meeting on climate change.
China’s Oct crude oil imports rebound amid new refinery rollouts
China's crude oil imports in October rebounded to the highest level since May, up 14% from a low base a year earlier in their first annual growth in five months, data showed on Monday, as two ...
Troubled Crypto Lender Hodlnaut Had $18M on FTX Before Withdrawal Freeze
Singapore-based crypto lender Hodlnaut has been dealt another blow on its path to recovery after it emerged that it held $18 million worth of crypto on FTX, the crypto exchange that halted withdrawals ...
Indian Oil offers first diesel export since mid-Sept – sources
Indian Oil Corp has offered one diesel cargo to be loaded in early December, its first export in almost three months, three sources who reviewed the tender document said on Thursday. "The availability ...
China coal imports slip from 10-month high in Oct as COVID curbs crimp demand
China's coal imports slipped in October after hitting a 10-month high in September, as Beijing's ultra-strict COVID-19 restrictions dampened demand for the power generation fuel.
E-commerce sites woo Singapore shoppers with faster delivery, easier returns for 11.11 sales
From offering fuss-free returns to extending shopping windows, e-commerce platforms are wooing shoppers with a more seamless buying experience at this year’s Singles’ Day sale on Friday (Nov 11).
Singapore life insurance new business premiums down by 5.9% in Q3
However, take up for new policies picked up by 12.8% in the quarter. Singapore’s life insurance weighted new business premiums went down by 5.9% to $2.76b in the third quarter of 2022 compared to a ...
Freight forwarding firm fined $17,500 for illegally importing over 350kg of meat and seafood
The items were seized and destroyed. In Singapore, food imports can be done only by licensed importers, and every consignment must be declared and accompanied by a valid import permit. In addition, ...
On sustainability matters, Singapore businesses still respond best to strict regulations: SAP
On the flipside, too much focus on compliance is the second-biggest sustainability challenge for businesses in the region.
Need for Singapore to take ‘accelerated action’ in pursuing lower carbon emissions, says climate expert
Singapore’s plans to ramp up carbon tax in the country will significantly reduce such emissions quickly, says Professor Mark Howden, a climate expert.
Interest rates will be Singapore banks’ boon and bane through 2023: analyst
It’ll benefit them over the next three quarters, but asset quality may deteriorate after. The rising interest rates will both benefit and challenge Singapore's big three banks through 2023. Whilst ...