On 17, 2024, ITRIX, a product based on AI + Web3 digital avatars, received $2 million in seed funding from Singaporean investment firm DE.AI TECH. The funding will be used for market operations and pr ...
COP29 climate talks on the brink as finance deal remains elusive
In an effort to get an agreement over the line, the US and EU negotiators had proposed that developed nations increase a funding commitment to US$300 billion a year.
Market capitalisation to GDP: Is the Buffett ratio giving us any signal?
The Buffet Ratio measures whether stock markets are overvalued or undervalued. Many countries, including the USA and Japan, have experienced periods of overvaluation. India has seen significant growth ...
Temasek’s CapitaLand warns of China property losses as Singapore investor cuts exposure
CapitaLand Investment, one of Asia’s largest property investment managers, warned of potential losses as it seeks to extricate itself from China’s real estate crisis. The Singapore-based firm wants to ...
Near-term volatility drives SGX to 17-year peak on higher turnover
SHARES of Singapore Exchange (SGX) charged to their highest since December 2007, driven by near-term volatility as turnover and trading volumes advance. Read more at The Business Times.
Singapore Bourse Poised To Halt Its Slide
The Singapore stock market has finished lower in two straight sessions, slipping almost 20 points or 0.6 percent in that span. The ...
5 Finfluencers You Should Follow: Top Finance Influencers in Singapore
These days, you can learn anything online. In today’s digital age, we can plan entire trip itineraries without ever leaving TikTok and learn how to change a car tyre simply by following a YouTube ...
Court lifts veil on fraudulent diamond investment scheme; $2.38m in damages awarded
The ring was bought off the shelf for about $25,000 and presented to investors as being worth $13.8 million. Read more at straitstimes.com.
Diamonds aren’t forever: Singapore court exposes ‘Jane Seymour’ gem as RM45m synthetic hoax
A three-year legal battle involving a Singaporean and a fraudulent multimillion-dollar diamond investment has come to light after the country’s Court ...
Singapore’s GDP growth forecast revised upward for 2024, outlook mixed for 2025
Singapore’s GDP is projected to grow at “around 3.5 per cent” in 2024, an upward revision by the Ministry of Trade and Industry (MTI). Growth slowed in 2025 to a projected “1.0 to 3.0 per cent”.
In forgotten parts of Singapore’s iconic Orchard Road shopping street, a new era is taking shape
Orchard Road, Singapore’s main shopping street, is 2.2 km (1.3 miles) long but much of the activity takes place in the middle of the stretch.
Gold prices rose sharply in 2024. Is it a good time to invest in gold?
Gold prices rose sharply in 2024, and could reach US$3,000 by the third quarter of 2025, says an expert. But there are risks involved. Read more at straitstimes.com.
Focus more on climate adaptation, strong finance commitment, urges Malaysian minister at COP29
Too often, adaptation is seen as the poorer cousin to mitigation, the minister said. Read more at straitstimes.com.
Digital investment platform offers commercial papers to retail investors
A private markets investment and trading platform is offering retail investors the chance to buy an investment usually reserved for more sophisticated traders. Read more at straitstimes.com.
Court papers lift veil on $3.5m legal battle over investment fraud, synthetic ‘Jane Seymour diamond’
The ring was bought off the shelf for US$19,136 and presented to investors as $13.8 million. Read more at straitstimes.com.
Saiful Alam claims Singapore citizenship shields against Bangladesh Bank ‘intimidation’
Mohammed Saiful Alam, chairman of S Alam Group, has been described by his legal team as a Singaporean citizen and has invoked a bilateral investment treaty as protection against Bangladesh Bank’s ...