Together with her acquaintances, Heng Pei Jing also attempted to "hijack" scam proceeds from a Malaysian scam syndicate, but the sum of about S$54,000 they obtained was frozen by the police.
OCBC sees possible recovery in property stocks and REITs ahead of anticipated end to rate hike cycle
Within the Singapore market, analyst Carmen Lee's top picks include a mix of banks, REITs, real estate stocks and telcos.
Ikea Singapore to absorb 1% GST rate increase in Jan 2024
Ikea Singapore will absorb the Goods and Services Tax (GST) increase that will kick in from Jan 1 next year, when the GST rate increases from 8 per cent to 9 per cent.
Singapore court freezes US$1.14bil in failed crypto fund assets
SINGAPORE: A court has ordered a US$1.14 billion worldwide asset freeze on the founders of collapsed cryptocurrency hedge fund Three Arrows Capital, the Singapore-based firm’s liquidators said ...
Court Freezes $1.14bn In Failed Singapore-based Crypto Fund’s Assets
the Singapore-based firm's liquidators said Thursday. Three Arrows Capital filed for bankruptcy last year when its fortunes collapsed after a massive sell-off in assets it had bet on as prices ...
Singapore fuel oil inventories ease 4.7% to two-week lows
Exports out of Singapore rise 25% from last week * Top import volumes hail from Indonesia * No imports from Kuwait for fifth straight week By Jeslyn Lerh SINGAPORE, Dec 21 (Reuters) - Onshore ...
2 Singaporeans allegedly involved in the export of gas oil to North Korea charged in court
Both men face charges in contravention of the United Nations (Sanctions – DPRK) Regulations 2010. Read more at straitstimes.com.
Singapore director of 980 companies jailed after S$7.3 million laundered through China-linked firms under him
A Singaporean man ran a business helping China clients set up companies in Singapore and became a director of 980 companies this way.
Singapore stocks climb amid mixed regional trading, STI up 0.1%
Major regional markets were mixed after falls of around 1.5 per cent on the three key Wall Street indexes. Hong Kong’s Hang Seng edged up 0.04 per cent but Japan’s Nikkei 225 fell 1.6 per cent and ...
Pasir Ris mall slashing: Victims and alleged attacker were business rivals
Senior Minister and Pasir Ris-Punggol MP Teo Chee Hean visited Pasir Ris West Plaza to reassure residents and business owners on Thursday.
Where is Facebook co-founder Eduardo Saverin now? The Brazilian billionaire still owns a stake in Meta and is Singapore’s richest man, having grown his wealth to US$19.6 …
Eduardo Saverin invested US$15,000 in Facebook, then was infamously booted from the venture by Mark Zuckerberg, which was depicted in The Social Network starring Jesse Eisenberg and Andrew Garfield ...
CStone sells to Servier its exclusive rights to TIBSOVO® in Greater China and Singapore
In 2021, Servier acquired the oncology business of Agios Pharmaceuticals that had, since 2018, an exclusive collaboration and license agreement with CStone to develop and commercialize TIBSOVO in ...
Global IPO hopes rise for new year after Fed’s early holiday gift
BANKERS advising companies on stock market listings are hopeful that the new year will bring a recovery in initial public offerings (IPOs), after the US Federal Reserve signalled that it may start ...
Court freezes US$1.14bn in failed Singapore-based crypto fund’s assets
A court has ordered a US$1.14 billion (RM5.3 billion) worldwide asset freeze on the founders of collapsed cryptocurrency hedge fund Three Arrows Capital, ...
Singapore director of 980 companies jailed after US$5 million laundered through China-linked firms under him
Xie Yong's business clients were locals at first, but he pivoted to target Chinese clients, agreeing to stand as director for them and not checking what their actual business activities were.
Singapore government bonds to retain some popularity despite falling yields
SINGAPORE government bonds will likely retain some of their popularity in 2024, even as their yields fall to account for changing interest-rate expectations. Read more at The Business Times.