Despite having a free-trade agreement and running a trade deficit with the United States, Singapore has been slapped with a 10% baseline tariff rate by Washington. Other Southeast Asian countries have ...
CNA938 Rewind – Stock take today: Rising bond yields, Stagflation risks, Asia week ahead
On the daily markets analysis on Open For Business, Andrea Heng and Hairianto Diman speak with David Chao, Global Market Strategist at Invesco Asia Pacific.
Stock Market LIVE: GIFT Nifty signals positive open for Sensex, Nifty; Asia climbs; US ends mixed
On Thursday, US markets closed mixed as concerns over rising interest rates and an expanding federal deficit weighed on sentiment. The 30-year Treasury yield climbed to its highest level since 2023 ...
Genting Singapore sees a soft start to the year
Genting Singapore (GENS) recently reported its 1QFY2025 ended March 31 results, which saw earnings decline by 41% y-o-y to $145 million. On a q-o-q basis, earnings grew 2%.
Singapore Has 94% Crypto Awareness But Only 29% Ownership, Survey Finds
Singapore’s crypto awareness rate hits 94%, yet only 29% of people own crypto, revealing a cautious shift in investment sentiment amid market uncertainty.
Singapore wine investment scam: Man jailed for siphoning $12.7 million
Eldric Ko, 51, founder of Premium Liquid Assets (PLASG), misappropriated approximately $12.67 million through a fake wine investment scheme launched with alleged accomplice Koo Han Jet, who remains at ...
Banking across Asean and Greater China as ‘one group’
SINGAPORE] Being a basketball player in her youth imbued Helen Wong with a strong belief in the power of teamwork, something she has carried over to her role as chief executive of OCBC. Read more at ...
Blended finance deals in East Asia and the Pacific hit US$4 billion in 2024
SINGAPORE] Blended finance deals in East Asia and the Pacific surged to US$4 billion in 2024 from US$1.1 billion the year before, an increase of almost four times, according to a Wednesday (May 21) ...
Singapore-Based Fintech Unicorn Airwallex Raises $300 Million
Backed by the likes of Tencent, HongShan and DST Global, Airwallex has reached a valuation of $6.2 billion following its latest Series F funding round.
Singapore shares slide in tandem with regional bourses and Wall Street; STI drops 0.1%
SINGAPORE] Asian bourses including Singapore’s were largely in the red on Thursday (May 22), after overnight Wall Street’s sell-off as the United States fiscal uncertainty soured market sentiment.
Jail for man who siphoned more than S$12.5 million of investor funds through fake wine investment scheme
Eldric Ko went on the run in 2011 to avoid the repercussions of his actions, and only returned to Singapore last year.
Jail for man who devised bogus wine investment scheme, pocketed $12.67m of investors’ funds
A man, who set up a company that dealt with wines, and an alleged accomplice devised a fraudulent investment scheme involving the beverage to cheat over 200 investors of millions of dollars between ...
Private Credit Funds Target Billions in Retail Demand From Asia
Asia’s private credit market is growing so fast that a rush of new participants into the direct-lending sector is fueling concern about a weakening of lending standards. Similarly, the opaque nature ...
Baiduri Bank Opens Representative Office In Singapore
The launch of the Singapore Representative Office represents the next chapter in this trajectory. It is a strategic move to strengthen Baiduri Bank's regional presence, promote its corporate and ...
Singapore Economy Makes Solid Start to 2025, but Outlook Still Uncertain — Update
SINGAPORE--Singapore's economy did slightly better in the ... Write to Amanda Lee at amanda.lee@wsj.com About Dow Jones Newswires Dow Jones Newswires is a market-moving financial and business news ...
Singapore PM’s post-election Cabinet reshuffle brings new faces while keeping ‘experienced hands’ intact
Singapore Prime Minister Lawrence Wong announced a cabinet reshuffle yesterday after his party’s election victory, with the premier retaining nine ...