City Singapore Financial News
06.10 / 17:03
BLOCK
Digital
Platform
Citigroup
SoftBank
show
stake
SoftBank offloads 2.5% stake in PB Fintech for Rs 871 crore
SoftBank on Friday offloaded a 2.5% stake in Policybazaar's parent firm PB Fintech through open market transactions for Rs 871 crore. SoftBank through its affiliates — SVF India Holdings (Cayman) Ltd and SVF Python II (Cayman) Ltd — sold the shares of the company.
06.10 / 16:19
UPS
Waves
WhatsApp
pandemic
show
infection
Singapore facing another Covid wave, daily case count jumps to 2,000
peak of the pandemic, Singapore recorded up to 4,000 daily cases. The government had then imposed strict curbs, that mandated the wearing of masks and restricted public movement. However, no such restrictions are being planned to address the current surge in infections, Health Minister Ong Ye Kung said, while speaking to the local media.
06.10 / 10:33
CEO
Citigroup
WhatsApp
show
performer
Barclays hires for top roles in India amid global job cuts
Barclays bank to lay off over 450 employees in UK Sood, Chakka, Credit Suisse and Barclays did not comment on questions. Earlier in August, Barclays PLC named new executives to its top management in India, a major overseas market for the lender.
05.10 / 18:47
05.10 / 15:17
3AC
Singapore Police Officially Confirm “36-Year-Old Man” Arrested Connected to Crypto Hedge Fund 3AC
Cryptonews reported last week that Su Zhu, the co-founder of bankrupt crypto hedge fund Three Arrows Capital (3AC), has been arrested in Singapore. The local police have officially confirmed the arrest, responding to a Reuters query on Thursday.
05.10 / 14:51
UPS
Provident
Digital
country
innovations
stake
True North invests $75 million for stake in US' iLink Digital
True North has agreed to invest $75 million for a minority stake in US-based digital transformation solutions provider iLink Digital. The investment, made by True North’s $600-million (around Rs 4,200 crore) Fund VI, is aimed at expanding iLink Digital’s organic and inorganic growth in the IT services space.
05.10 / 09:17
Digital
Progressive
Extreme
NVIDIA
Sony
Nodwin Gaming’s Singapore unit buys marketing firm PublishME for $2 million
Singapore unit of esports firm Nodwin Gaming has acquired a 100% stake in West Asia and Turkey-focused game marketing agency PublishME for $2 million. PublishME was earlier owned by Indian gaming and media firm Nazara Technologies, which held a stake of about 82% in the company, and PublishME founder Ozgur Ozalp, who owned the rest.
05.10 / 07:37
Digital
economy
BlackRock
country
reports
KKR
Asia's edge isn't just cheap labor, whether it's China, India or Japan, KKR says
BEIJING — Asia's competitive advantage was once cheap labor. Now, whether it's China, India or Japan, the region's edge lies in industrial services, KKR's heads of global and Asia macro said in an October note.
04.10 / 22:55
Blockchain
Citi
Cooper
CEO
country
3AC Founder's Luxurious Villa Gets Repurposed to Urban Farm by Wife
The luxurious Singapore home of Three Arrow Capital (3AC) founder Su Zhu has been repurposed from living quarters to an urban farm by his wife, Evelyn Tao, according to local reports.
04.10 / 19:23
business
hedge fund
Terra Luna
Su Zhu's $36M mansion transformed into eco-farm post-3AC collapse: Report
Crypto businessman and fugitive Su Zhu's $36 million luxury real estate in Singapore has been converted into an eco-farm.
04.10 / 11:11
COST
UPS
Reuters
Toyota
2020
Bizarre! Singapore's entitlement certificate to own car is equal to buying 4 Toyota Camry Hybrids in US
Reuters, a car buyer in Singapore must bid for a certificate that now costs $106,000 ( ₹88,23,493) citing post-pandemic recovery -- which has driven up the cost of the city-state's vehicle quota system to all-time highs. This amount is equivalent to buying four Toyota Camry Hybrids in the United States. Introduced in 1990, Singapore has a 10-year "certificate of entitlement" (COE) system to control the number of vehicles in the small country.
04.10 / 06:21
Ripple
License
Crypto Platform Ripple Joins Growing List of MPI License Holders in Singapore
The Singapore subsidiary of crypto payments giant Ripple has officially received its Major Payments Institution (MPI) license from the Monetary Authority of Singapore (MAS).
04.10 / 05:35
UPS
Enterprise
APA
reports
stake
Singapore’s Temasek bankers up for $5b sale of Jemena stake
Singapore’s Temasek has hired investment bank Goldman Sachs to find a buyer for its 40 per cent of gas and electricity distribution giant Jemena.
04.10 / 04:11
business
Ripple
Ripple gets formal approval for Singapore payments license
Ripple said it has received the full-fledged license to operate as a major payments institution from Singapore's central bank, allowing it to continue operations in the country after receiving in-principle approval in June.
03.10 / 20:51
CEO
Compilation
economy
Bill
country
social
exclusive
services
Financial
U.S. falls in new 'financial inclusion' ranking, a global measure of access to financial services, researchers say
«Financial inclusion,» defined as individuals and businesses having access to useful and affordable financial products, has declined in the U.S., according to new industry research.
03.10 / 18:03
Provident
Digital
Progressive
coinbase
Remark
Sygnum
services
Sygnum Singapore Obtains Major Payment Institution License for Crypto Brokerage Services
Sygnum Singapore, a subsidiary of the Switzerland-based cryptocurrency bank Sygnum, has received approval for its Major Payment Institution License (MPIL) from the Monetary Authority of Singapore (MAS) to be able to provide crypto brokerage services to accredited investors and institutions in Singapore.
03.10 / 11:35
Action
VIX
exclusive
information
travelers
Time
Arsenal
Arsenal faces Lens in crucial Champions League match: Time, streaming, and lineup details
Champions League away game of the season, as Mikel Arteta's side travels to Lens on October 3. After a stellar 4-0 home victory against Dutch giants PSV Eindhoven last month, the Gunners aim to continue their impressive form in Europe's premier club competition. However, the busy match schedule poses a challenge for Arteta, as he strives to maintain a balanced squad for various competitions. Here's what you need to know ahead of this crucial match. Kickoff Time and Viewing Information The Lens vs. Arsenal clash will take place at the Stade Bollaert-Delelis in Lens, France, and is scheduled to kick off on Tuesday, October 3, at 9:00 p.m. local time. For viewers around the world, here are the corresponding kickoff times:
03.10 / 10:41
UPS
awards
information
gossips
2020
Family office haven seizes $2B in money laundering probe
Singapore is investigating the role that some single family offices played in one of the city’s largest money laundering cases and weighing further rules on the sector.
03.10 / 08:37
UPS
Citi
Digital
Remark
Metro
2024
Mumbai
Embracing elegance: Mumbai's luxury real estate gears up for a stellar 2024
₹10 crore, resulting in record-breaking sales. These numbers are poised to rise even further as we approach the festive season. Among the most significant beneficiaries of this anticipated surge will be the premium and luxury segments.
03.10 / 07:49
Adoption
regulation
Singapore awards major payment institution license to Sygnum Bank subsidiary
Sygnum Singapore, a subsidiary of Switzerland-based cryptocurrency bank Sygnum, received a license to offer crypto brokerage services to accredited investors and institutions in Singapore.
03.10 / 06:03
COST
UPS
Provident
Target
show
reports
Float hopeful Cuscal reveals revenue and cost growth ahead of roadshow
Cuscal, the payment infrastructure business used widely by smaller banks, has lifted its operating income by almost one-third over the past 12 months but says costs are also rising because of staff and technology expenses.
what's happening in city Singapore
What is the current situation in city Singapore?
In city Singapore, the spotlight is on local government initiatives that affect the region’s daily life.
Where can I find reliable news about city Singapore?
We publish in-depth coverage about the situation in city Singapore, based on information from trusted sources.
What shapes the media agenda in city Singapore?
The news landscape of city Singapore is shaped by key decisions by local authorities, reflecting its unique context.
