Tag
#Singapore
INTERPOL fraud sweep exposes $122.5 million crypto wallet
INTERPOL said on Thursday that a 97-country fraud sweep led to 5,811 arrests and the interception of $293 million in illicit assets, while investigators in Thailand uncovered a crypto-laundering network that used cross-chain token swaps to obscure proceeds from romance scams.
Temasek still treats crypto as a governance scar
Temasek crypto stance after FTX still shapes where sovereign money will go, even as the fund lifts its AI target to 15 per cent.
Iran oil stockpile tops 20M barrels as buyers hold back
Iran oil stockpile topped 20 million barrels as buyers held back after Doha talks, leaving stranded crude to cap rallies and keep supply risk alive.
Singapore charges former Hodlnaut CEO over Terra exposure claims
Singapore police said former Hodlnaut chief executive Zhu Juntao misled customers about TerraUSD exposure, in charges that carry up to 20 years in prison on each count.
Singapore insider trading suspect denied bail in US case
Singapore insider trading suspect Zhi Ge was denied bail as he fights US extradition over alleged trades from 2017 to 2024.
Singapore Warns Economic Outlook Dims Despite First Quarter Beat
Singapore's first quarter GDP grew 6 per cent year-on-year, beating consensus, but the trade ministry warned the outlook has weakened as the Strait of Hormuz disruption clouds global trade.
Singapore private bank onboarding: MAS targets one-month median
Singapore's central bank issued guidance on May 25 to cut median private-bank account-opening times to one month, down from six weeks, as the city-state defends its wealth-hub status against Hong Kong and Dubai.
Tuas M1 deal collapses after Singapore regulator probe
Tuas M1 deal collapse followed Singapore's review freeze after a spectrum probe, stripping Keppel of a $1.1 billion exit path.
Samsung union deal averts chip strike as Kospi rallies 7.5%
Samsung Electronics reached an 11th-hour wage deal with its labour union late Wednesday, averting an 18-day strike that had already begun throttling chip output at the world's largest memory chipmaker. The Kospi surged 7.5% on the news.
DayOne weighs Singapore-US dual IPO worth up to $5bn
The mooted DayOne deal would test whether AI-linked data-centre demand can support a multibillion-dollar cross-border IPO rather than a U.S.-only listing.
Asia-Pacific banks raise Iran war provisions as $180B credit risk looms
Asia-Pacific banks have set aside $3.8 billion in combined war-related provisions as the Iran conflict's oil shock and trade disruption begin flowing into corporate and consumer credit risk. S&P warns a prolonged conflict could drive $180 billion in additional credit losses.
