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Tag: crypto

Posted on 19/11/2024

Singapore stocks rise in tandem with region as falling Treasury yields lift global equities

SINGAPORE - Stocks in Singapore rose on Nov 19 as Asian indexes ... to profoundly influence market sentiment and policy trajectories well into 2025. THE BUSINESS TIMES Join ST's Telegram channel and ...

Posted on 19/11/2024

US semiconductor firm launches initiative in Singapore for power-efficient AI data centres

This comes as data centres worldwide are struggling to meet the demands of artificial intelligence. Read more at straitstimes.com.

Posted on 19/11/2024

Leading Singapore property developer CEO says simplicity beats complexity when it comes to design: ‘Boring is okay’

GuocoLand's Guoco Midtown mixed use development boasts occupancy rates of over 90% despite its more simple looking facade.

Posted on 19/11/2024

Singapore shares rise at Tuesday’s open; STI up 0.3%

SINGAPORE stocks began trading in positive territory on Tuesday (Nov 19). As at 9.02 am, the Straits Times Index (STI) rose 12.35 points or 0.3 per cent to 3,744.9. Across the broader market, gainers ...

Posted on 19/11/2024

Singapore may miss 2024 key exports forecast as October disappoints with 4.6% drop

Electronic exports increased 2.6 per cent year on year in October, a rebound from the 0.7 per cent decline in the previous month. Integrated circuits – also known as chips or semiconductors – which ...

Posted on 18/11/2024

A Singapore oil magnate faces prison in a major fraud case over financing trade

A Singapore oil magnate has been sentenced to 17.5 years in prison for fraud and forgery in a case that prosecutors said has tarnished the city-state’s reputation as Asia’s leading oil trading hub ...

Posted on 18/11/2024

Singapore stocks fall after Wall Street sell-off; STI down 0.3%

SINGAPORE - Equities in Singapore ended their three-day winning streak to finish Nov 18 lower, after a sell-off on Wall Street on Nov 15 as investors turned cautious amid inflation worries under a ...

Posted on 18/11/2024

CM Mohan Charan Majhi urges Singapore business leaders to explore Odisha

BHUBANESWAR: Chief Minister Mohan Charan Majhi on Sunday urged Singapore-based investors and industry leaders to strengthen strategic collaborations with Odisha which is emerging as one of the best ...

Posted on 18/11/2024

Singapore key exports disappoint with 4.6% fall in October

Electronic exports increased 2.6 per cent year on year in October, a rebound from the 0.7 per cent decline in the previous month. Integrated circuits – also known as chips or semiconductors – which ...

Posted on 18/11/2024

Data centre Reit listings may come calling for Singapore’s equity market as conditions turn favourable

THE data centre race is heating up, driven by rising interest in artificial intelligence (AI). And Singapore’s equity market could be a beneficiary, as operators look to the city-state as an enticing ...

Posted on 17/11/2024

JobStreet: Singapore workers slow to embrace AI, only 53pc willing to reskill to stay relevant

A recent JobStreet report, featured by the Singapore Business Review, highlights a concerning lag in AI adoption among Singaporean workers, with many reluctant to reskill for an AI-driven future. The ...

Posted on 17/11/2024

Woman fined $5k for failing to declare items such as branded bags, Labubu after flying back from UK

A woman was fined $5,000 for failing to declare items including branded bags and Labubu after returning to Singapore from UK. She had flown back from a London business trip and failed to truthfully ...

Posted on 17/11/2024

Singapore Keeps Tax Incentives Open as Global Minimum Tax Looms

The Singapore Parliament passed a bill aimed at allowing companies to continue to qualify for investment tax incentives as the country prepares to implement a new global minimum tax.

Posted on 15/11/2024

Crypto.com acquires Fintek Securities Pty Ltd. in punt into Australian market

Crypto.com, a Singapore-based Crypto exchange operator, has announced today the acquisition of Fintek Securities Pty Ltd. This announcement comes exactly two weeks after it announced the acquisition ...

Posted on 15/11/2024

Global crypto market tops $3 trillion on hopes of Trump-fuelled boom

The global cryptocurrency market's value has topped $3 trillion as the election of Donald Trump as U.S. president spurred bets that friendlier U.S. regulation could usher in a new boom for all corners ...

Posted on 15/11/2024

Singapore stocks extend gains on Nov 15; STI up 0.2%

There were few viable leads for investors to grasp on Nov 15 after the US Federal Reserve opted for a slow and steady approach to interest rate cuts, but local shares still managed to rise for the ...

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