SINGAPORE’S Olam Agri has secured a US$2 billion bridge financing facility to support the reorganisation plan of its parent, Olam Group, the grains and animal feed trader said on Monday (Dec 5). Read ...
Singapore stocks rise on Monday amid regional gains; STI up 0.3%
SINGAPORE stocks climbed higher on Monday (Dec 5), tracking gains in major regional markets amid positive sentiment over reopening prospects in China. Read more at The Business Times.
Singapore retail takings up 10.4% in October though car sales extend slump
Sales of motor vehicles dropped 15.8% year on year in October, after a 20.2% tumble in September. Read more at straitstimes.com.
Q3 corporate profits rise on strong banking, commodity sector performance
THE banking and commodity sectors led Singapore-listed companies to a stronger set of earnings for the quarter ended September. Read more at The Business Times.
New York, Singapore are the World’s most expensive cities right now
Tel Aviv, which topped the rankings last year, was bumped into third position, Hong Kong and Los Angeles rounded out top five priciest places.
Rice exports likely to reach US$3.5 billion this year
VOV.VN - Vietnam is anticipated to rake in roughly US$3.5 billion from exporting more than seven million tonnes of rice this year, according to industry insiders.
Big cryptocurrency exchange Bybit lays off 30% of workforce as FTX contagion spreads
A prominent cryptocurrency exchange has been forced to make mass job cuts just weeks after FTX sensationally collapsed.
Singapore shares rise on Monday; STI up 0.4%
SINGAPORE stocks rose in early trade on Monday (Dec 5), following a mixed session on Wall Street last Friday. Read more at The Business Times.
More firms flock to co-working spaces in Singapore but rising costs hit operators’ profit margins
Occupancy has recovered from an average of 50% to 60% during the pandemic to 80% to 90% by the third quarter of 2022. Read more at straitstimes.com.
FTX: inside the crypto exchange that ‘accidentally’ lost $8bn
As FTX, the crypto business led by the 30-year-old ... The entrepreneur also wooed high-profile investors from BlackRock and Singapore’s state-owned fund Temasek to hedge fund Millennium Management’s ...
See where Florida exports the most goods to
Keep reading to see which countries your home state exports the most goods to. You may also like: Countries Florida imports the most goods from #30. Singapore - Exports: $568.4 million - Largest ...
Singapore tour companies see increase in bookings during holiday season | Video
Tour companies in Singapore say business is back to near pre-pandemic levels as the holiday season draws near. Although foreign tourists make up most of their bookings, locals are also signing up.
Three Arrows Capital Liquidators Seize $35.6M From Singaporean Banks
In a court hearing Friday, 3AC’s appointed liquidators blasted the collapsed hedge fund’s founders for talking to the media while repeatedly failing to cooperate with them.
Singapore’s Temasek fund ‘reviewing’ $275 million FTX loss
Singapore’s sovereign wealth fund Temasek Holdings is reviewing its $275 million investment in the now-bankrupt FTX crypto exchange, the city-state’s finance minister Lawrence Wong said. Temasek has ...
MetaComp becomes the latest crypto exchange to receive Singapore license
Singapore-based crypto exchange MetaComp has been granted Singapore’s license, enabling it to offer digital asset exchange and custody services to institutional investors.
Crypto Exchange Zipmex Secures Creditor Protection Extension as Court Sets Deal Deadline
Zipmex, the South Asian crypto exchange that froze withdrawals because of a ... The extension was granted by Singapore's High Court alongside a directive that states any takeover deal for Zipmex must ...