Shares of financial services company Robinhood fell 14% in their worst week since August as investors withdrew from the surge that followed President Trump's election.
Crypto sent reeling by world’s biggest ever heist
The Lazarus Group has been implicated in several high-profile cryptocurrency thefts in recent years, including the $600 million Ronin Network hack in 2022 and last year's breach of Japan’s DMM Bitcoin exchange, which resulted in a $300 million loss. If confirmed, this would mark one of the most significant heists attributed to the group.
Singapore has to secure long-term economic growth while dealing with labour force issues: Panel
Companies are happy with Budget 2025, but they would like even more help with issues like manpower costs. Read more at straitstimes.com.
Understanding legal requirements key for jewellery sales in Singapore: analyst
Before entering Singapore's jewellery retail market, businesses must choose an appropriate business structure. Understanding the legal framework for selling jewellery and precious products in ...
Robinhood plans Singapore crypto launch
Robinhood Markets Inc plans to launch Singapore crypto offerings this year through an entity of European digital-assets exchange Bitstamp Ltd, which it recently acquired.
Singapore shares decline amid hawkish Fed minutes; STI loses 0.2%
Key regional indexes were not swayed by the gains in New York, slight as they were. Hong Kong’s Hang Seng fell 1.6 per cent, South Korea’s Kospi declined 0.7 per cent, the Nikkei in Tokyo lost 1.2 per ...
BUDGET 2025: S-REIT tax breaks extended, but immediate gains remain limited
The extension of the 10% final withholding tax rate is expected to encourage broader investor participation in S-REIT ETFs. The Singapore government has extended the income tax exemption on ...
S’pore’s Budget surplus derived from COE premiums, personal income tax & state investment returns
NIRC represents as much as half of the net investment income and up to half of the long term expected real returns of Temasek, GIC and the Monetary Authority of Singapore. Personal income tax ...
Man to be charged over receiving scam proceeds and converting them into crypto
The man received more than $44,000 across seven transactions in the same bank accounts, which he then converted into Bitcoin or BTC, the world’s largest cryptocurrency. He then also transferred the ...
Nearly 10 years’ jail for woman who committed cheating linked to over $5.7m of mostly crypto funds
Ho Kai Xin used her ill-gotten gains to live a lavish lifestyle, including placing a down payment for a penthouse. Read more at straitstimes.com.
Genting Singapore posts 34% fall in H2 net profit to S$222 million
GENTING Singapore posted a 34 per cent fall in net profit to S$222 million for the half year ended Dec 31, 2024, from S$334.9 million in the corresponding year-ago period. Read more at The Business ...
Singapore banks guarded by tax relief and financing amid economic pressures
SINGAPORE: In his Budget 2025 address on February 18, Singapore’s Prime Minister, Lawrence Wong, unveiled a series of measures aimed at supporting local busin ...
Robinhood To Introduce Cryptocurrency Services In Singapore By 2025
Robinhood is set to enter the Singaporean cryptocurrency market in 2025, marking a significant expansion of its services beyond traditional stock ...
Singapore’s Abaxx Exchange plans gold futures as precious metal surges
Not all attempts to launch precious-metals products have been successful. Singapore Exchange – which runs the local stock exchange, and also offers futures for commodities including iron ore – started ...
Singapore biotech tycoon Huang Zhenhua has assets frozen over $1.1 billion suit by pharma giant
Wegovy maker Novo Nordisk is accusing Mr Huang and his firm of fraudulent claims over a hypertension drug. Read more at straitstimes.com.
Grab shares rise after Singapore announces 50% corporate income tax rebate in Budget 2025
SINGAPORE: Shares of Grab Holdings Limited traded higher on Tuesday (Feb 20) after a 50 per cent corporate income tax rebate for Singapore companies in the 2025 ...