The warning comes as policymakers and Wall Street execs have become increasingly vocal about their concerns over the frothy valuations of tech stocks caused by undue enthusiasm about AI’s prospects.
Multifonds Helps DBS to Drive Scalable Automation and Future Growth in the Region’s Asset Management Industry
Multifonds today announced that DBS, Southeast Asia's largest bank by assets, has gone live with Multifonds Fund Accounting Platform in Singapore, Hong Kong SAR and Indonesia. The solution was ...
Crypto hit by bitcoin whales dumping US$45b in bets
The original cryptocurrency fell as much as 7.4% to dip below the US$100,000 mark for the first time since June.
APEC gathering opens door for expansion of Korean food exports: minister
Last week's Asia-Pacific Economic Cooperation (APEC) gathering in South Korea served as an opportunity to further boost the country's exports of various agro-livestock products, such as beef and pork, ...
Newly launched iEdge Singapore Next 50 Index posts 18% return in H2 to date
Average daily turnover for these stocks hits S$165 million from Jun 30 to Nov 4 Read more at The Business Times.
Singapore’s CapitaLand Investment exceeds target with $650 million for lodging fund
Singapore's CapitaLand Investment said on Monday it closed its value-add lodging private fund with $650 million in total commitments, exceeding its target by $50 million, reflecting strong investor ...
Singapore’s financial system remains resilient, but MAS warns of rising global risks
In its latest financial stability review, the Monetary Authority of Singapore urged households, corporates and financial institutions to stay vigilant.
Singapore revokes tax incentives for two family offices with links to Cambodia’s Prince Group
The discussion on this matter in parliament also saw Workers' Party MP Kenneth Tiong apologising after saying National Development Minister Chee Hong Tat had asked a "stupid question".
Singapore rejects 3% of 1,300 family office applications in past 3 years, minister says
Singapore has blocked 3% out of 1,300 applications filed in the past three years to set up tax-exempt wealth management vehicles for rich families, an official said on Wednesday, responding to ...
Crypto’s retail era rattled with ETFs facing US$89,600 pain point
After billions poured into the easy-to-access exchange-traded funds this year, helping push bitcoin to a record high, the token is suddenly down more than 20% from its recent peak. While most ETF ...
Sunseap founder’s firm teams up with Chinese nuclear giant on Indonesian solar import project
Frank Phuan’s Equator Renewables Asia is set to import clean power from the Riau Islands into Singapore Read more at The Business Times.
Lendlease REIT to Acquire 70% of PLQ Mall to Expand its Suburban Retail Portfolio in Singapore
Key Highlights Following the acquisition, Singapore will represent 89% of the portfolio – reinforcing geographic focus while enhancing income stability and portfolio resilience.Prime location with ... ( read original story ...)
Crypto’s retail era rattled with ETFs facing $89,600 pain point
Average cost basis for US Bitcoin ETFs is $89,613 (11% below current price), marking breakeven point. Recent drop aligns with April technical zone where BTC reversed off 2025 low amid prolonged sellin ...
Singapore does not seek for Singdollar to be reserve currency: MAS’ Chia Der Jiun
[SINGAPORE] The Monetary Authority of Singapore (MAS) does not seek for the Singapore dollar to become a reserve currency, said its managing director Chia Der Jiun. The Singdollar lacks important ...
Private property residents account for majority of households with 2 or more cars
[SINGAPORE] Most households in Singapore that own more than one car are those residing in non-Housing & Development Board (HDB) properties, said Acting Transport Minister Jeffrey Siow in a written ... ( read original story ...)
Bank’s new business unit builds own bot to foster culture of innovation, efficiency
UOB’s new Innovation Group is tapping technology and talent upskilling to adapt to banking’s new “intelligent” business model Read more at The Business Times.