In recent months, drugmakers told Reuters they had taken the unusual step of sending more medicines by air to the U.S. Two of the biggest U.S. drugmakers said on recent investor calls that they had ...
Carro aims to treble Ebitda to S$130m ahead of potential IPO
Automotive unicorn aims for a final round of funding this year with revenue up 15 per cent, while gross profit grew more than 20 per cent in FY25. Read more at The Business Times.
Credit Suisse to pay $511M for helping Americans evade $4B in taxes
The latest plea deal caps a years-long investigation and underscores what federal officials described as a “massive criminal tax evasion scheme.” ...
Credit Suisse to pay US$511 million as part of agreement with US DOJ in tax case involving Singapore accounts
The Swiss bank maintained accounts in Singapore on behalf of US taxpayers who were using offshore accounts to evade taxes and reporting requirements.
Singapore’s sovereign wealth fund hunts for tech startups ‘becoming verbs’ at S.F. conference
Singapore's sovereign wealth fund, GIC, is hosting a two-day event in San Francisco with plenty of famous guests.
DigiPlus incorporates Singapore unit to accelerate global growth
Digital entertainment company DigiPlus Interactive Corp. is poised to advance its global growth with the official incorporation of DigiPlus Global Pte. Ltd. in Singapore.
UBS to Pay $511 Million to Settle Credit Suisse U.S. Tax Case
The Swiss bank, which acquired Credit Suisse in 2023, settled the probe into violations of an agreement with the DOJ over American clients who evaded taxes.
Credit Suisse to pay US$511 million as part of agreement with US DOJ in tax evasion case involving Singapore accounts
A CREDIT Suisse unit on Monday pleaded guilty to US charges of helping ultra-wealthy Americans evade taxes and will pay a fine of more than US$510 million, the US Department of Justice said on Monday.
Singapore’s Grab taps Solana DePIN project Natix to ‘reshape mapping’
Southeast Asia’s superapp Grab has partnered with Natix, a project within Solana’s DePIN, to cooperate on mapping and autonomous driving technologies.
Singapore ministers, lawmaker under scrutiny over dinners attended by convicted money launderer
Pictures of Singaporean ministers and a ruling party lawmaker together at dinners that included a man convicted in a high-profile $2.2 billion money laundering case have caused a stir in the ...
Reformative training for NSF man who owned and traded sexually explicit videos of children
The prosecutor said the man lacked remorse and acceptance of responsibility for the offence. Read more at straitstimes.com. Read more at straitstimes.com.
Jail for ‘key cog’ in cryptocurrency scam in which investors in Singapore lost S$1.1mil
SINGAPORE: He was the chief executive of a firm that offered investment schemes, claiming to have 300,000 physical mining machines capable of generating revenue by mining cryptocurrencies.
Best Fixed Deposit Rates in Singapore (May 2025)—Minimum Deposits From $500, Rates Up To 2.50%
If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...
HSBC group chairman Mark Tucker to retire
Tucker will continue to serve as a strategic adviser to the group CEO and the board during the ongoing search for a permanent chair.
At least $172,000 lost in phishing scams targeting POSB customers since April
Thirteen reports of such cases have been made so far. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore stocks end higher on Tuesday ahead of FOMC meeting; STI up 0.2%
SINGAPORE] Stocks on the local bourse ended higher on Tuesday (May 6), ahead of the next US central bank meeting where policymakers are expected to keep interest rates on hold. Read more at The ...