Temasek bets big in India’s booming markets
In a daring strategic move, Singapore’s powerhouse investor Temasek is set to pour up to a whopping $10 billion into India’s vibrant markets over the [more…]
Category: Singapore
South Korea slaps record fines on Credit Suisse for short-selling violations
In a turn of events, South Korea’s financial watchdog has slammed the gavel down on two subsidiaries of the erstwhile Credit Suisse group for their [more…]
Mt. Gox’s $9 billion bitcoin payout, a boon for investors, a jolt for the market
In a dramatic turn of events, the long-defunct Tokyo-based bitcoin exchange Mt. Gox is set to return nearly $9 billion worth of tokens to its [more…]
Hong Kong’s SFC grants temporary approval to 11 crypto exchanges
Hong Kong’s financial watchdog, the Securities and Futures Commission (SFC), has thrown a lifeline to 11 cryptocurrency exchanges, giving them the green light to keep [more…]
Shein shifts IPO focus to London in response to U.S. regulatory challenges
Shein is shaking up its IPO plans, pivoting towards a London listing following obstacles in the U.S. market. Despite initial intentions to go public in [more…]
HKVAEX crypto exchange shuts down in Hong Kong after license bid withdrawal
In a surprising turn of events, HKVAEX, the cryptocurrency exchange affiliated with Binance, has announced its closure in Hong Kong, just three months after initiating [more…]
Singapore’s factory output surges in February, defying expectations
Singapore’s factory output displayed resilience in February, defying expectations and expanding by 3.8 per cent year on year. This surpassed analysts’ forecasts, which had predicted [more…]
Singapore’s manufacturing sector grows for the fifth consecutive month, reaching a two-year high
Singapore’s manufacturing sector continued its growth streak for the fifth consecutive month, reaching its highest level in just over two years, according to the latest [more…]
Singtel’s shares tumble as Optus faces major network outage
Singapore Telecommunications Limited (Singtel) experienced a turbulent day on Wednesday as its shares plummeted following a widespread network outage that severely impacted its Australian subsidiary, [more…]
Tech companies in Thailand and Singapore experience a substantial increase in their market worth
Since the onset of the COVID pandemic, tech companies and electronics suppliers in Southeast Asia have seen a significant increase in market value, while traditional [more…]