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Tag: crypto

Posted on 04/11/2024

Genting Singapore’s RWS casino chief Andrew MacDonald steps down

He had done so to “pursue personal interests”, said RWS owner Genting Singapore in a bourse filing. Read more at straitstimes.com.

Posted on 03/11/2024

How one of the tiniest oil markets cost Singapore-based Trafigura over $1.5 billion

Trafigura alleges that staff manipulated payments while concealing a mountain of overdue debts. Read more at straitstimes.com.

Posted on 03/11/2024

Three Arrows Co-Founder’s Wife Sells High-Value Singapore Home

Evelyn Tao, Zhu Su’s wife, successfully sold a redeveloped luxury home in Singapore, finalizing the transaction by October 2024 amid financial scrutiny.

Posted on 03/11/2024

Crypto fund founder’s wife sells mansion for S$51mil

The wife of Zhu Su, the co-founder of collapsed cryptocurrency hedge fund Three Arrows Capital (3AC), has managed to sell a mansion she owns here for S$51mil (RM168.5mil), despite a court-imposed ...

Posted on 03/11/2024

Crypto.com To Offer Equities Trading to US Customers After Acquiring Broker-Dealer

The Singapore-based digital asset exchange Crypto.com has acquired the US broker-dealer Watchdog Capital in an effort to launch equities trading for American customers.

Posted on 03/11/2024

Wife of 3AC founder sells Singapore mansion for $38.5 million

Tao Yaqiong, the wife of Zhu Su, co-founder of the bankrupt hedge fund Three Arrows Capital (3AC), sold her Singapore-based mansion for a whopping $38.5 million. She managed to complete the sale ...

Posted on 02/11/2024

Slight slowdown in Singapore’s factory output may just be a blip, say economists

Electronics remains a crucial driver of economic growth, despite its PMI also posting a slight drop to 51.4 points, from 51.5 points in September, according to data released by the Singapore Institute ...

Posted on 02/11/2024

27 proposals to boost Singapore’s competitiveness, with some ready to be implemented

SINGAPORE – One of the 27 recommendations in a Nov 1 report that aims to improve competitiveness has already been implemented, with a handful of others ready to be put into effect. The report by the ...

Posted on 02/11/2024

Singapore employers reject 4-day work week and remote work arrangements

SINGAPORE: A recent survey conducted by the Singapore National Employers Federation (SNEF) has revealed that a staggering 95% of employers in Singapore are not considering the implementation of a four ...

Posted on 02/11/2024

“Billionaire Hub vs Tax-Free Oasis”: X User’s Thread Comparing Singapore And Dubai Goes Viral

Alessandro Palombo, who has lived in Dubai for four years and launched two businesses in Singapore, shared insights from his journey to help entrepreneurs and expatriates choose between the two cities ...

Posted on 02/11/2024

Collapsed crypto hedge fund founder’s wife sells $38 million Singapore mansion

Get the latest Business News, Live Share & Stock Market Updates, Top News from India and across world. Read Top Business News and updates on financial, economic and banking news on CNBCTV18.

Posted on 02/11/2024

Singapore stocks edge down amid mixed showing in region; STI falls 0.1%

Wall Street had its worst day in weeks, fuelled by doubts over the tech sector’s big guns. Read more at straitstimes.com.

Posted on 02/11/2024

Singapore will suffer if Trump’s higher tariffs shrink global growth and trade, analysts say

IMF said escalation of tit-for-tat tariffs among major trading partners will hit all nations' growth prospects. Read more at straitstimes.com.

Posted on 02/11/2024

Paxos launches USD-backed USDG stablecoin with Singapore’s DBS Bank

Paxos has launched its new stablecoin, Global Dollar (USDG), which is backed by the US dollar. The new stablecoin will comply with Singapore's regulatory framework.

Posted on 01/11/2024

Lamborghinis of Dubai vs. Singapore’s billionaire lifestyle: An X user insight goes viral revealing which city is best for you

Choosing between Singapore and Dubai for living and business involves evaluating each city's unique lifestyles, opportunities, and resident challenges. Singapore stands out for its strong governance, ...

Posted on 01/11/2024

Paxos Launches USDG Stablecoin in Singapore Compliant to Regulatory Framework

Paxos has launched the USDG stablecoin in Singapore, compliant with regulatory standards, and designed to enhance enterprise adoption.

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