City Singapore Financial News

Also read: Google Doodle honours Altina ‘Tina’ Schinasi; American artist, designer known for ‘cat-eye’ frames In 2016, the Bishan Otter Family gained international fame when English broadcaster Sir David Attenborough based a documentary on their lives. Their presence also paved the way for other otter families to emerge across Singapore, further igniting fascination among global researchers.

Crypto lender Hodlnaut appears to have found a white knight investor to exit its bankruptcy proceedings. According to a Bloomberg report, OPNX exchange has made an offer to take over 75% of the company.

free trade agreements (FTAs) such as Japan, South Korea and Asean. This will ensure there is no circumvention of the restrictions kicking in on November 1 through the treaty route. India said on Thursday that imports of these electronic goods that have been free until October 31 will require a licence.

The US, which boasts the largest consumer base for crypto, is currently grappling with uncertainty due to the SEC's relentless crackdown on crypto operations. This has significantly impeded progress in terms of regulatory developments, the adoption environment, and the support from financial institutions in providing liquidity for virtual digital assets. In stark contrast, the EU, the UK, Hong Kong, Dubai and Singapore, have been steadily cultivating thriving ecosystems for crypto. Their proactive approach has even enticed crypto entrepreneurs in the USA to consider relocating their operations to these countries for smoother functioning. However, there is a glimmer of hope on the horizon in the form of the Fit Act, which aims to bring the US on par with other nations that have implemented forward-looking crypto regulations. The primary objective of this bill is to clearly define boundaries for oversight of the industry between the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) and remove any ambiguity which might cause differences in verdict or uncertainty for stakeholders. Amid the SEC's ongoing exercise of authority over the crypto industry, the Ripple verdict has ignited hope within the community. This first-of-its-kind positive judgment has raised expectations for additional scrutiny of lawsuits and the possibility of more favourable verdicts in the future. This bill, which marks the first-ever congressional vote on the matter, has boosted the ecosystem's hopes further.

Liverpool and Bayern Munich are against each other in a pre-season friendly match at the Singapore National Stadium on August 2, 2023. Both teams will use the opportunity to assess new signings and gain crucial match minutes ahead of the upcoming season.

Kyle Davies, co-founder of now-defunct crypto hedge fund Three Arrows Capital, has claimed that US courts don't have jurisdiction over him as he has renounced his American citizenship.

Kyle Davies, the co-founder of bankrupt crypto hedge fund Three Arrows Capital (3AC), has submitted documentation to court claiming he is fully a citizen of Singapore and not the United States.

Singapore is seeing a growing interest from nurses in India to work in the city-state as it grapples to combat the issue of manpower crisis in the nursing industry, according to a media report on Tuesday. The development came as Singapore looks to add about 4,000 new nurses to the workforce by year-end, with two-thirds of them from overseas, the Channel News Asia reported. At least one recruitment agency, Dynamic Health Staff, has seen four times more foreign candidates, mostly from India, who are keen to work here in July compared to January, the report said.

CapitaLand is looking to enter real estate funding and scale the renewable energy segment as it continues to expand its portfolio of office and industrial parks, Sanjeev Dasgupta, CEO, CapitaLand Investment India and CapitaLand India Trust, told ET. The company currently has about 22 million square feet of business parks and about 7.5 million square feet of industrial parks. It plans to scale up the portfolio to 50 million square feet in the next three years.

Nanyang Technological University is looking at strengthening its research and academic collaborations with top Indian universities, Tim White, Vice President, International Engagement, told ET in an interaction. “The most important institutional collaborations NTU has are with IIT Madras and IISC Bangalore where through the generosity of an endowment from Kris Gopalakrishnan 50 Indian PhD scholars will be trained at NTU,” said White.

Dr Ajey Lele

Sikhs in Singapore have distinguished themselves in their chosen professions and made significant contributions in diverse fields while retaining their culture, faith and unique identity, Deputy Prime Minister Lawrence Wong said. He was addressing the 75th anniversary celebration dinner of the Sikh Advisory Board (SAB) on Sunday. «You have all distinguished yourselves in your chosen professions and made significant contributions in diverse fields… Crucially, Sikhs have done all this in Singapore while retaining their culture, faith and unique identity,» he told the gathering.

ISRO chief S Somanath congratulated citizens and informed them that all seven satellites have been successfully placed in the right orbit. Around 23 minutes after lift-off, the primary satellite got separated and it was followed by six other co-passenger satellites, which were deployed into the intended orbits sequentially, ISRO said. The co-passenger satellites are 1.

ISRO on Sunday launched its proven PSLV rocket carrying seven Singaporean satellites from Satish Dhawan Space Centre here. This ISRO mission, which comes after the much-awaited Chandrayaan-3 launch earlier this month, is being undertaken by its commercial arm NewSpace India Limited.

The Indian Space Research organisation (ISRO) launched seven Singaporean satellites, onboard a PSLV rocket in a commercial mission on Sunday. After the much-awaited launch of Chandrayaan-3 this month, the Bengaluru-headquartered space agency launched PSLV-C56 carrying Singapore's DS-SAR, a Radar Imaging Earth Observation Satellite, along with six co-passenger satellites from Sriharikota, about 135 km from Chennai. at 6:30 AM on 30 July (Sunday).

ALSO READ: ISRO's PSLV-C56 to launch on 30 July with six co-passenger satellites. Details here "PSLV-C56/DS-SAR Mission: The countdown leading to the launch on July 30, 2023, at 06.30 hrs has commenced," ISRO said in an update on Saturday.

Lalu Prasad, was recently seen in a new avatar on Friday. After undergoing a kidney transplant last year and being in a period of rest and recovery, Lalu was seen playing badminton in a video on social media. The video was shared by by his younger son and deputy chief minister, Tejashwi Prasad on Instagram.

The countries discussed the importance of scaling the transition to net zero financing and addressing emission reductions. Singapore shared projects that aim to address energy transitions in Asia.

Singapore is in close contact with Indian authorities to seek exemption from the country's ban on export of non-basmati rice, the city state's food agency said on Friday. "Singapore Food Agency (SFA) is working closely with importers to increase the import of different varieties of rice from various sources. Singapore is also in close contact with the Indian authorities to seek exemption from the ban," said a statement from SFA.

Small-cap stock at ₹50: TruCap Finance shares are one of those small-cap stocks, which is priced around ₹50 apiece levels. This small-cap financial stock is one of those rare stocks that are FII's favourite. Foreign institutional investors like Nomura Singapore and Aviator are long term investors in this small-cap stock which has a market cap of around ₹590 crore.

drug trafficking despite calls for the city-state to cease capital punishment for drug-related crimes. Activists said another execution is set for next week, according to a report published by The Associated Press. The Central Narcotics Bureau said that Saridewi Djamani, 45, had been sentenced to death in 2018 for trafficking nearly 31 grams (1.09 ounces) of diamorphine, or pure heroin.