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Posted on 04/02/2025

WazirX Creditors to Decide on Restructuring Plan After $235M Hack

WazirX creditors to vote on restructuring plan after $235 million hack. Approval could lead to swift recovery, rejection may cause delays.

Posted on 04/02/2025

Singapore Establishes Controls on ‘Race-Based’ Business Groups

Singapore’s parliament passed a bill establishing controls on “race-based” business groups and clan associations that is aimed at safeguarding racial harmony and curbing foreign influence in the ...

Posted on 04/02/2025

Sovereign Wealth Funds Betting on Crypto: Who’s Buying Bitcoin and Crypto Stocks

Sovereign wealth funds worldwide are ramping up investments in cryptocurrency and blockchain technology. Several funds hold indirect Bitcoin exposure through investments in companies like ...

Posted on 04/02/2025

Trump’s tariffs and their ripple effect on Singapore’s economy

Analysts say the impact would be cushioned by other factors, but could worsen if more countries are targeted by US tariffs.

Posted on 04/02/2025

Singapore bucks regional showing as Trump defers tariffs on neighbours; STI slips 0.09%

SINGAPORE blue chips failed to sustain the momentum at market open on Tuesday (Feb 4) with the benchmark index Straits Times Index (STI) down 3.46 points or 0.09 per cent lower at 3,823.01 at the ...

Posted on 04/02/2025

Majority of Singapore SMEs plan to invest in GenAI solutions: DBS survey

MORE than seven in 10 Singapore small and medium-sized enterprises (SMEs) are investing in generative artificial intelligence (GenAI) solutions to stay competitive amid macroeconomic uncertainty, DBS’ ...

Posted on 04/02/2025

Tokenized RWA markets return to ATH levels as tokens lead crypto recovery

Real-world asset tokenization markets have returned to their all-time high in terms of value tokenized onchain as related RWA tokens led crypto market recovery on Feb. 3. The total value locked ...

Posted on 04/02/2025

‘Very volatile’: Beijing retaliates with tariffs on US imports, Google probe

Singapore: China has launched an investigation into Google and will slap additional tariffs of 10 to 15 per cent on certain US imports including coal and natural gas within days, as it retaliated in ...

Posted on 04/02/2025

Rich Asians fuel Singapore crypto craze on Trump, bitcoin hype

SINGAPORE -- Over steak and wine at a swanky restaurant in downtown Singapore a week after Donald Trump won November's U.S. presidential election, Gerald Goh pitched a bright future for digital assets ...

Posted on 04/02/2025

No reason to believe DeepSeek obtained chips from Singapore: report

The company said its Singapore shipments were insignificant. United States-based company Nvidia stated there is no reason to believe that DeepSeek obtained any export-controlled products from ...

Posted on 04/02/2025

Woman who stole US$4.2mil worth of crypto gets six weeks’ jail for disobeying civil court order

SINGAPORE: A woman who cheated a company out of US$4.2 million (S$5.7 million) worth of cryptocurrency was ordered by a civil court not to use the funds.

Posted on 04/02/2025

Singapore seen taking indirect hit from Trump’s tariffs on China, Canada and Mexico

Analysts say global trade and economic growth is at risk from a wider trade war. Read more at straitstimes.com.

Posted on 03/02/2025

Singapore factory activity cools in January, amid region-wide slowdown

SINGAPORE’S overall factory activity dipped marginally in January, mirroring a regional slowdown for the manufacturing sector. Read more at The Business Times.

Posted on 03/02/2025

2 arrested for drug, GST-related offences after seizure of duty-unpaid cigarettes at Petir Road

The man and woman were arrested on Jan 23 at Petir Road following a Singapore Customs operation. Read more at straitstimes.com.

Posted on 03/02/2025

Monochrome Brings First Aussie Bitcoin, Ethereum ETFs to Singapore Market

Singapore is opening its doors to Australian crypto ETFs as institutions eye a regulated entry into a turbulent crypto market.

Posted on 03/02/2025

Ether, memecoins plunge as traders shed risk after Trump tariffs

Ether, the second-largest digital asset by market value, fell as much as 26.53% to US$2,135 on Monday morning, the token’s largest intra-day decline in percentage terms since May 2021.

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