City Singapore Financial News

24.11 / 16:23

Citi Digital CEO Platform Citigroup innovations BondbloX Secures $6M in Series B Funding Led by Beacon Venture Capital

Singapore-based Fintech BondEvalue Pte. Ltd. has added new investor Beacon Venture Capital, the corporate venture arm of Thailand’s Kasikornbank, to its cap table as part of a US$6m Series B round, according to official announcement. Beacon Venture Capital joins existing shareholders MassMutual Ventures and Citigroup who also participated in the round.

24.11 / 07:49

Adoption regulation Central Bank Speculation Singapore to restrict retail crypto speculation with new rules

In response to the feedback received on its proposed Digital Payment Token (DPT) regulations, the Monetary Authority of Singapore (MAS) laid down measures for DPT service providers to discourage speculation in cryptocurrency investments.

24.11 / 06:57

Provident Airlines reports Atletico Madrid Sues Singapore’s Crypto Exchange Over Unpaid $44 Million Sponsorship

Atletico Madrid, the renowned Spanish football club, is suing Singapore-based crypto exchange WhaleFin, following the unexpected termination of its $44 million shirt sponsorship deal.

24.11 / 04:51

CEO Strategy MSCI President performer Singapore’s Blockchain-Powered ADDX Exchange Lists AI-Enabled Equities Funds

Singapore’s blockchain-powered private markets exchange, ADDX, has listed a deep-value equity fund managed by Aggregate Asset Management (AAM) to its platform.

23.11 / 17:29

regulation Speculation Singapore Proposes Rules to Tighten Crypto Speculation in Retail Markets – Here’s the Latest

The Monetary Authority of Singapore (MAS) has proposed revised guidelines to curb the growing rate of digital asset speculation in retail markets.

23.11 / 14:13

Provident Aware Career track information Decoding the Grading System of Cambridge IGCSE

IGCSE school in Singapore, subjects may require students to undertake coursework or practical assessments alongside their written exams. These components are significant, and students should be aware of how they contribute to their final grade. With quality education often comes an associated cost.

23.11 / 08:41

Cooper President week Gujarat CM Bhupendra Patel to strengthen economic ties on week-long tour to Japan & Singapore

Japan and Gujarat, Gujarat Chief Minister Bhupendra Patel will be on a week-long tour to Japan and Singapore from November 25 According to Rahul Gupta, Managing Director of Gujarat Industrial Development Corporation (GIDC) several industry leaders and businessmen from the state will accompany Patel in this tour. The high-level delegation led by Chief Minister will begin their visit with a meeting with members of the Gujarati community living in Tokyo on November 26, when Patel will interact with the people and get to know about their contribution to the development of Japan. The next day i.e.

22.11 / 06:13

Target Action Apple country reports medicines Singapore's Temasek warns that fake agents in China are trying to sell scam investments

Singapore's Temasek Holdings warned that scammers are allegedly trying to sell financial investment products or instruments to unsuspecting individuals while posing as agents of the firm's office in Shenzhen, China.

22.11 / 04:12

Twitter Binance CEO Assurant social innovations reports Binance gets new CEO after Changpeng Zhao steps down: Who is Richard Teng?

Binance, the world's largest cryptocurrency exchange Changpeng Zhao has stepped down from his role after pleading guilty to breaking US anti-money laundering laws. As part of the deal, Zhao is not allowed to take on a management position in the company for the next three years, as per reports. Thus, in his announcement on social media site X, formerly Twitter, Zhao announced that Richard Teng, Binance's global head of regional markets, will take over as CEO.

21.11 / 13:31

FIVE country reports travelers 94,332 Indians visited Singapore in October

Indian tourists visited Singapore in October, up from 81,014 in the preceding month, according to a media report on Tuesday. India was rated as a third tourist-generating market for Singapore, overtaking Malaysia and Australia. «A total of 94,332 Indian tourists visited Singapore in October, up from 81,014 in the preceding month.

20.11 / 18:33

IPO Platform Gap Discover Luxury fashion co Purple Style Labs raises $8 mn, eyes IPO in 2026

NEW DELHI : Purple Style Labs, the parent of luxury fashion omni-channel platform Pernia’s Pop-Up Shop, has secured an $8-million (about ₹66.6 crore) Series-D round led by Sanket Parekh of the Pidilite family office, with participation from Signet, the family office of Harish Shah, Hira Group’s family office and other investors. Existing investors also participated, including Singularity Growth Opportunities Fund I, Neelesh Bhatnagar of NB Ventures, fashion designer Masaba Gupta, and the former partners of Premji Invest, Rahul Garg and Atul Gupta. The company was valued at $352 million for the fundraising.

20.11 / 09:17

FIVE Experts recommendations NSE SME stock hits 20% upper circuit after incorporation of Singapore subsidiary

Stock market today: NSE SME stock One Point One Solutions' share price gained on Monday, hitting a record high of ₹47.50 apiece. The stock was locked in the 20 percent upper circuit. The stock has been gaining consistently for nearly 15 days as it has risen from around ₹32 apiece to ₹47.50 apiece in the last two weeks, up around 50 percent during this period.

20.11 / 08:24

Aviat Airlines pandemic show reports travelers Record airline profits fail to lure back investors

London/Singapore | Airlines are struggling to convince investors to back the travel recovery despite reporting booming profits and splurging tens of billions of dollars on new planes.

20.11 / 07:52

Citi IPO Platform Gap Align Discover Purple Style Labs raises $8 mn in Series-D round, eyes IPO in 2026

₹66.6 crore) in a series-D funding round led by Sanket Parekh of the Pidilite family office. The funding had been raised at a valuation of $352 million, said Purple Style, the parent company of Pernia’s Pop-Up Shop, a luxury fashion omnichannel platform. The round also saw participation from Signet (Harish Shah’s family office), Hira Group’s family office and other investors.

19.11 / 11:49

Citi Software economy Enterprise Indus Entrepreneurs are returning from Europe-US to be part of India's growth story: Ex-NASSCOM chairman

Europe and the United States are heading back to India where the economy is growing and opportunities are large, Saurabh Srivastava, the former NASSCOM chairman, has said. «Today, more and more Indian entrepreneurs are heading back to India from Europe and the US have achieved success in those markets,» Srivastava, the co-founder of the National Association of Software and Services Company (NASSCOM), said on the sidelines of Singapore Fintech Festival from November 15-17 here.

18.11 / 04:31

Citi Gap Pool pandemic country innovations It might be a good time to look for jobs in Singapore

Singapore startups less than gung-ho about adding to the city’s 18,000-strong fintech workforce. However, it may not be a bad time to look for jobs in the Asian financial center. Rivals like Hong Kong and Abu Dhabi are hungry for qualified professionals.

17.11 / 18:40

Citi FIVE CEO Airlines Boeing show India's maiden A350 aircraft takes ferry flight, to join Air India fleet soon

Air India and reflects the airline's commitment to offering a modern and visually appealing experience for passengers. The Tata Group-owned airline has ordered six A350-900 planes and five of them are scheduled for delivery through March 2024. On September 29, Air India said it has completed the acquisition of its first A350-900 aircraft by way of a finance lease transaction with HSBC through the GIFT City.

17.11 / 11:35

Provident Digital Ripple Progressive coinbase Asia-based Crypto Exchange XREX Secures In-Principle Approval for Major Payment Institution License in Singapore

On November 16, XREX, an Asia-based cryptocurrency exchange specializing in cross-border payments, achieved a significant milestone by receiving in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. This license will empower XREX to provide digital payment token products and services in Singapore, solidifying its position as a compliant and regulated player in the digital asset space.

17.11 / 06:03

Blockchain CBDC Adoption Digital Currency Digital Dollar Singapore central bank to trial live wholesale CBDC for settlements

A pilot program for a live Singapore dollar-based central bank digital currency (CBDC) was unveiled by Singapore’s central bank with a wholesale CBDC to be used by local banks for settlements.

17.11 / 05:39

BLOCK Reuters Enterprise Bill information reports prevention Govt looking to restart probe into Adani Group's coal imports case: Report

Adani Group for alleged overvaluation of coal imports, according to a report published by the news agency Reuters. The Directorate of Revenue Intelligence has been attempting to obtain Singaporean authority's transaction documents pertaining to Adani's business dealings since 2016.

17.11 / 05:15

Provident economy show performer country fed rate cut Weekly Rate Cut rate cut bets Asia FX muted, dollar set for weekly drop on Fed rate cut bets

Investing.com-- Most Asian currencies moved little on Friday after strong gains earlier this week, while the dollar headed for a sharp weekly fall as weak labor market data fueled more bets that the Federal Reserve will trim interest rates by mid-2024.

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