City Singapore Financial News

07.11 / 02:53

Citi Target CEO Experts country reports travelers Binny Bansal to launch new global AI start-up after Flipkart

Walmart Pays $3.5 Billion to Hike Stake in Flipkart The 40-year-old billionaire, who co-founded e-commerce major Flipkart and made a profit selling his stake to Walmart Inc., is looking to tap the country's large English-speaking young population to train more experts for new AI services. The focus will be on “training talent and offering services" from smaller cities in India, the report said. Bansal did not respond to queries, the report added.

06.11 / 16:37

Action Fighting pandemic performer country Singapore's prime minister plans to step down and hand over to his deputy before the 2025 election

Singapore Prime Minister Lee Hsien Loong says he plans to bow out and hand over power to his deputy Lawrence Wong next year before the 2025 general election

06.11 / 06:13

Provident Booking Compilation Nov country reports Singapore's largest bank DBS beats forecast, quarterly profit jumps 17%

Southeast Asia's largest lender DBS Group reported a 17% jump in third-quarter profit on Monday, benefiting from a high-interest rate environment.

05.11 / 18:09

FIVE Google Platform track social innovations Aptos Unveils Winners of the Singapore World Tour Hackathon

Aptos is a well-known network that is known for encouraging innovation, and it has now made the winners of the Singapore leg of its World Tour Hackathon public announcements. On October 27, 2023, the network revealed 14 projects that stood out in different tracks via a series of tweets, emphasizing how the Aptos platform can serve as a fertile environment for generating real-world solutions. This highlighted how the Aptos platform can serve as a fertile foundation for producing real-world solutions.

05.11 / 11:33

Waves FIVE Williams awards President innovations Prince William arrives in Singapore for annual Earthshot Prize award, the first to be held in Asia

Prince William arrived Sunday in Singapore for the annual Earthshot Prize awards, the first to be held in Asia, to support environmental innovators with solutions to battle climate change and save the planet. Upon his arrival, dozens of people waving British flags welcomed him with loud cheers. William, 41, shook hands, signed autographs and sportingly took selfies with many of them during a walkabout. “It’s fantastic to be back in Singapore for this year’s Earthshot Prize ceremony, after eleven years," he said in a statement upon landing.

05.11 / 06:37

Manufacturing Forrester BAY bass trumpeter Cannon-Brookes’ Sun Cable picks Tasmania for manufacturing site

Mike Cannon-Brookes’ Sun Cable, the $40 billion project aiming to transport solar power from the Northern Territory to Singapore, said it planned to manufacture the power cables itself at a specialised new facility in Tasmania.

05.11 / 03:03

Citi Digital CEO Airlines Experts country travelers Making home abroad: Hybrid work for corporate honchos means moving to London, Dubai & Singapore

work-life balance in a post-pandemic world. Their preferred destinations: the UK, Dubai and Singapore. Improved airline connectivity and technology have made it convenient to travel and be in constant touch with colleagues and family in India, helping the transition. Key reasons stoking this trend include better infrastructure, quality of life, wealth preservation and growth. Many of these promoters told ET on the condition of anonymity that India is important as a growth market, but many countries outside offer ease of living. Having a professionally run business has helped promoters and their next generation focus on growing their operations and wealth, experts say.

05.11 / 02:05

Career Telegram WhatsApp cover reports Singapore fund founded by Blackstone MD hiring from Blackstone

If you’re a young Blackstoner in Singapore, you probably have a lot of opportunities to leave the firm to continue your career. One of them, newly launched, might be a better fit than others – Aquilius Investment Partners.

04.11 / 11:57

Citi Provident CEO 2020 Boutique Tanishq opens boutique in Singapore, plans 50 stores globally

Tanishq, a jewellery brand from the Tata Group, plans to have 50 boutiques globally over the long term, said Kuruvilla Markose, the CEO of Titan Company which manages the brand business, as it opened a boutique here on Saturday. Currently, Titan has 13 boutiques in the international market and is constantly scouting for new sites to serve some 32 million global Indian diasporas, he said.

04.11 / 05:33

FIVE BURST pandemic country Inside social travelers How to make a luxury brand from scratch? Lessons from a coffee shop

Singapore, and the air conditioning at the ION Orchard shopping mall is doing its job. Inside, well-heeled tourists and locals line up behind a velvet rope, eagerly awaiting their entry into a room bursting with hues of orange, blue and gold. But this isn’t a trendy nightclub, or even a chance to check out the newest iPhone.

03.11 / 18:16

Provident FIVE country Mizoram polls: Congress promises to create 1 lakh jobs in a year if voted to power

Mizoram assembly polls, Congress media cell chairman Lalremruata Renthlei said on Friday. If the Congress voted to power in the next week’s election the “Young Mizo Entrepreneurs Programme (YmElevate)” would be launched to provide startup funds and jobs to the youth. “Under the YmElevate, incubation and startup funds would be provided and that would help in creating more than one lakh employment,” Renthlei told the media. The Congress has already announced to introduce 'Tang Puihna’, a monetary assistance scheme for farmers and entrepreneurs to develop sustainable economic and livelihood activities. He said, «The MNF government has provided 2218 jobs through direct recruitment in the last five years.

03.11 / 16:14

Blockchain track country social Investigations Financial Singapore High Court Approves iSanctuary's Use of NFTs for Financial Investigations

The Singapore High Court's decision to allow iSanctuary to attach NFTs to cold wallets involved in a financial hack marks a significant legal milestone. These NFTs, known as SoulBound tokens, are non-transferrable and will be permanently linked to the wallets in question. This groundbreaking ruling opens the door for the broader application of blockchain technology in legal and financial investigations.

02.11 / 11:03

Citi Provident Enterprise stage Dwarka Expressway: A prominent realty hotspot in NCR

The strategic proximity to the Delhi-Mumbai Expressway and the Haryana Government’s ambitious Global City Project have fueled unprecedented growth and investment opportunities, making Dwarka Expressway a promising realty hotspot.

02.11 / 09:05

Enterprise WhatsApp Experts show performer reports recommendations Adani Enterprises stock gains over 3% ahead of Q2 results

Adani Enterprises, the flagship company of Adani Group, gained over 3% in today's trade ahead of the announcement of the financial results for the quarter ended September 2023. The stock opened the day at ₹2,247 per share, surpassing its previous closing price of ₹2,217 and later hit an intraday high of ₹2,297.95, marking a 3.45% increase. At 2:00 PM, the stock was trading with a gain of 3.24% at ₹2,289.95.

01.11 / 15:15

Digital Cooper Man track social Department Singapore AGC Launches Tech and Crypto Crime Task Forces

In response to the evolving landscape of technology-enabled crimes, Singapore's Attorney-General's Chambers (AGC) has officially established two specialized task forces this year, according to Lianhe Zaobao . Comprising approximately 20 prosecutors, these units aim to tackle challenges posed by technological advancements in criminal activities.

01.11 / 07:55

Waters Fighting Continental President track country isolate Singapore defense minister calls on China to take the lead in reducing regional tensions

Singapore’s defense minister has urged China as a dominant power in Asia to take the lead in reducing tensions in the region, warning that a military conflict like the one in Ukraine or the Israel-Hamas war would be devastating for the continent and it...

31.10 / 06:10

Experts reports InvoCare goes private as backlash against PE buyout falls short

TPG’s $1.8 billion buyout of InvoCare has been approved by shareholders of Australia’s largest funerals group, ending two decades of public listing.

30.10 / 13:15

Central Bank Singapore’s Central Bank Joins Forces with Monetary Authorities in Japan, Switzerland, and the UK for Joint Digital Asset Pilots

Singapore’s central bank has announced plans to collaborate with monetary authorities in Japan, Switzerland, and the United Kingdom for joint digital asset pilots.

30.10 / 12:29

Adoption Latin America Bitcoin Financial Bitcoin-Friendly El Salvador Poised to Become Financial Center of the Americas, Says VanEck Strategy Adviser

Incoming investment capital and immigration will lead to a major economic shift that will turn El Salvador into a financial center, argued Gabor Gurbacs, strategy adviser of investment management giant VanEck.

30.10 / 11:33

regulation Bitcoin Singapore plans joint crypto pilots with Japan, Switzerland and UK

The Monetary Authority of Singapore (MAS), the country’s central bank and financial regulator, is planning to start crypto-related cooperation with some European countries and Japan.

30.10 / 04:55

Crypto regulations Standard Chartered Standard Chartered-Backed Crypto Custody Zodia Launches in Hong Kong

Zodia Custody, the crypto security firm owned by British banking giant Standard Chartered, is expanding its services to Hong Kong. Zodia Custody’s foray into Hong Kong marks its latest stride into the Asia-Pacific region after announcing plans to expand into Singapore last month.

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