SINGAPORE, Aug. 16, 2024 /PRNewswire/ -- A news report from CRI Online: ...
Singaporean victims lose 36 million USD in online investment scams
Singapore's police have reported that victims lost at least 36 million USD in less than two months to conmen touting investment scams on chat groups and social media platforms.
Not alone, but we are Singapore
Complainers should do something to revive the SGX, like taking capital back from US stocks and invest locally, says this writer.
Temasek’s billions at stake: Investment in US tech giants sees mixed fortunes amid market volatility
Temasek Holdings invested billions in US tech giants like Microsoft, Apple, and Nvidia, increasing its holdings by US$3.3 billion. Despite a subsequent dip in tech stocks, some have started to recover ...
Tencent-backed Airwallex hits $500 million annualized sales, aims to get IPO-ready by 2026
Payments startup Airwallex has reached an annual revenue run rate of $500 million and will be ready for an IPO by 2026, CEO Jack Zhang told CNBC.
Singapore charges 2 ex-bankers for helping $2.2 billion money laundering ring
A Singapore court on Thursday charged two former bankers for helping a group of foreigners who were convicted of laundering $2.2 billion last year in the biggest such financial crime in the Asian ...
Two former bankers from China charged in Singapore’s biggest money laundering case after SG$3b in assets seized
Two former bank employees, both Chinese nationals, were charged in Singapore on Thursday in connection with the city-state’s biggest money laundering ...
Tencent-backed Airwallex nears $500 million annualized sales, aims to get IPO-ready by 2026
Payments startup Airwallex is nearing an annual revenue run rate of $500 million and will be ready for an IPO by 2026, CEO Jack Zhang told CNBC.
India convincingly overcomes its IPO demons
After some disastrous floats in India, ample caution is paying off. Shares of e-bike maker Ola Electric Mobility have surged 42% above their initial public offering price since their debut on Friday.
Singapore’s Syfe Secures $27M to Accelerate Growth in Key Markets
Singapore-based investment platform Syfe has secured $27 million in a Series C funding round to accelerate its growth across the Asia Pacific region, focusing on expanding its services in Singapore, ...
$3b money laundering case: 2 ex-bank employees and former driver of fugitive to be charged in court
Three individuals will be charged exactly one year after the arrests of the 10 money launderers on Aug 15, 2023. Read more at straitstimes.com.
The deepfake election nightmare hasn’t happened. Singapore still wants to ban them
Following South Korea’s lead, Singapore intends to ban deepfakes ahead of upcoming elections, despite concerns of curbing freedom of speech.
Singapore stocks close in the black; STI up 0.9%, led by Wilmar
Regional markets responded with mixed results. Hong Kong’s Hang Seng fell 0.4 per cent but South Korea’s Kospi rose 0.9 per cent, Japan’s Nikkei 225 ended 0.6 per cent ahead and Malaysian shares ...
Victims in SG lose S$36mil in under 2 months to conmen touting investments on social media, chat groups
Victims lost at least S$36mil in less than two months to conmen touting investment scams on chat groups and social media platforms, Singapore police said.
Singaporean investment app Syfe pulls in $27M to hasten growth in Asia Pacific
Singapore-based investment platform Syfe has been working on making wealth management more accessible in the region by offering a variety of investment products and options, all via a smartphone app.
Singapore tightens GDP growth forecast to 2-3% amid mixed economic signals
SINGAPORE: The Ministry of Trade and Industry (MTI) has revised its gross domestic product (GDP) growth forecast for 2024 to a range of 2.0-3.0 per cent, following an assessment of the country’s ...