Fixed deposit (sometimes called time deposit) accounts are low-risk investments that earn you interest over a fixed commitment period. You don't need to do anything to earn this interest, just park ... ( read original story ...)
Singapore’s Finance Regulator Mulls ‘Limits on Retail Participation’ in Crypto
Amid a string of recent bearish events in the crypto space, Singapore's financial watchdog is considering new safeguards to protect consumers. ( read original story ...)
Stock Market LIVE Updates: Sensex and Nifty50 likely to open higher today — SGX Nifty futures rise over 50 pts
Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to start Tuesday's session higher amid gains across global markets. Singapore Exchange (SGX) Nifty futures — an early indicator of the ... ( read original story ...)
SGX Nifty up 45 points; here’s what changed for market while you were sleeping
Asian stocks shares opened with gains Tuesday morning thanks to speculation that US President Joe Biden is preparing to wind back some of the tariffs imposed on Chinese goods by Donald Trump. MSCI's ... ( read original story ...)
Singapore may limit retail participation in crypto
The Monetary Authority of Singapore (MAS) is mulling additional consumer protection safeguards on crypto, Tharman Shanmugaratnam, the minister in charge of the central bank, told Parliament. See ... ( read original story ...)
CHART OF THE DAY: IPOs in Singapore and neighbouring markets
IPOs raised $614.7m (US$0.44b) from January to May 2022 Singapore’s initial public offering (IPO) posted $617.4m ($US440m) funds raised from January 2022 to May 2022 from 10 offers, PwC said in its ... ( read original story ...)
Singapore’s Central Bank Weighs Further Safeguards on Retail Crypto Trading
The Monetary Authority of Singapore (MAS) is considering introducing further safeguards on access to crypto among the general public, a senior government minister said. Tharman Shanmugaratnam, ... ( read original story ...)
Singapore Weighs New Crypto Safeguards as Industry Stumbles
Singapore is considering new rules to protect consumers after plunging digital asset prices triggered a series of high-profile crypto blowups, including firms based in the city-state. ( read original story ...)
Woman charged after firm’s bank account allegedly received ill-gotten gains of over $370k
She allegedly took instructions from an unidentified person to open two shell companies. Read more at straitstimes.com. ( read original story ...)
Singapore’s prison conditions acceptable; no fans and mattresses for safety reasons: Shanmugam
S'pore's prison regime and prison environment are austere, intentionally so with a lot of emphasis on security and monitoring. Read more at straitstimes.com. ( read original story ...)
Singapore Central Bank Censures Three Arrows Capital for Alleged Misleading and False Disclosures
The crypto hedge fund also exceeded the threshold of assets it could manage in Singapore, according to the central bank. ( read original story ...)
Asia-Pacific markets set to open higher; central bank decisions ahead this week
Futures in the Asia-Pacific pointed to a higher open on Monday. The U.S. market is closed for a holiday Monday. Looking ahead, results from a private survey on China's services activity is due later ... ( read original story ...)
More funds from IPOs seen in H2 as firms face economic woes: Deloitte
Nine IPOs posted $572m in proceeds, raising the total IPO market to $790m. Deloitte is seeing increased initial public offerings (IPO) activity in the second half of 2022 as companies navigate ongoing ... ( read original story ...)
Global IPO market halved year to date; ‘record number’ of spacs face ticking clock
Worldwide, there were 305 IPOs in Q2 2022, down 54% y-o-y. They raised a total of US$40.6 billion, down 65% y-o-y. ( read original story ...)
Singapore Central Bank Reprimands Crypto Hedge Fund Three Arrows, Saying It Flouted Rules
Singapore’s top financial regulator reprimanded cryptocurrency hedge fund Three Arrows Capital, saying it supplied false information to officials and managed more assets than allowed. ( read original story ...)
Soft Start Expected For Singapore Stock Market
The Singapore stock market on Wednesday snapped the three-day winning streak in which it had improved more than 45 points or 1.6 percent. The Straits Times Index now rests just above the 3,130-point ... ( read original story ...)