Singapore’s first SPAC debuts four months after rule change, closes 1% higher
Singapore’s first blank check company started trading on the country’s stock exchange on Thursday afternoon, four months after the bourse …
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Explore other ways to protect retail investors, say industry players after MAS curbs crypto ads
Daenerys & Co, the biggest cryptocurrency ATM operator in Singapore, has shut down all of its ATMs to comply with …
Singapore-based Crypto.com CEO confirms 400 accounts hacked
An exact value of cryptocurrencies affected is still unknown, although estimates are in the millions. Crypto.com has not received any …
Fed’s Harker calls for ‘action on inflation,’ sees 3 or 4 rate hikes likely this year
Philadelphia Fed President Patrick Harker said Thursday he foresees three or four interest rate hikes this year as likely to …
China’s pandemic-hit businesses see lifelines extended to kick off new year
Chinese banks extended 1.13 trillion yuan (US$177 billion) in new yuan loans in December, down from 1.27 trillion yuan in …
China’s export growth likely eased further in December: Reuters poll
China’s export growth likely lost more steam in December as a key economic driver continues to weaken, […] Read more …
Inflation-fighting rate hikes could increase rich-poor divide
Central banks’ interest rate hikes aimed at combating inflation could exacerbate a deepening, “dangerous divergence” between advanced and […] Read …
Bitcoin is ‘technically oversold,’ making $40K a ‘pivotal support’
A painful retracement in the Bitcoin ( BTC ) market earlier this week sent the price below $40,000 for the …
Singapore’s GIC set to manage extra $185 billion in reserves
The move is likely to further amplify GIC’s already wide reach and investing power. Singapore’s sovereign wealth fund GIC is …
4 Singapore REITs Hitting 52-Week Lows: Are They a Bargain?
It hasn’t been an easy time for REITs this past week. With news of impending interest rate increases due to …
Singapore warns people on NFT, metaverse investments
Singapore officials have cautioned people to make responsible decisions on digital investment vehicles such as NFTs and metaverse assets as …
Tesla sold a record 70,847 China-made vehicles in Dec -CPCA
U.S. electric vehicle maker Tesla Inc sold 70,847 China-made vehicles in December, the highest monthly rate since it started manufacturing …
Dollar slumps as US inflation surge comes in line with expectations
The dollar fell to a two-month low against a basket of currencies on Wednesday after data, which showed an expected …
Asia-Pacific markets mixed as Wall Street gains despite hot U.S. inflation data
SINGAPORE — Asia-Pacific markets were mixed on Thursday as Wall Street saw gains despite a red-hot inflation report that set …
Who is the world’s richest crypto entrepreneur with a net worth of US$96 billion?
According to the Bloomberg Billionaires Index, Changpeng Zhao, CEO of Binance, is the world’s richest crypto entrepreneur […] Read more …