Singapore Financial News

27.08 / 00:11

UPS Art Extreme Fighting Max Holloway knocks out Chan Sung Jung, wins record 20th UFC featherweight title, know in detail

Chan Sung Jung to record his 20th victory on Saturday in Singapore Indoor Stadium. He knocked out the Korean Zombie at the 23-second mark of the third round.

26.08 / 14:37

COST UPS Manufacturing Chase performer private credit Overcrowding of private credit funds leading to underpricing of risk

private credit market has led to underpricing of risk and distortion of the market, EY said in a report. In the past six months, global and domestic funds have raised more than $2 billion to invest in performing credit, stressed credit and special situation opportunities, it said. There is strong interest among family offices and high net worth individuals to invest in private credit funds, said the report.

26.08 / 11:45

Waves MET Art Fighting Celebrity UFC Fight Night in Singapore: Max Holloway vs The Korean Zombie, how to watch the live stream

UFC) is set to ignite the Octagon in Singapore once again, presenting an electrifying fight card that promises action-packed showdowns. This weekend's event marks the sixth occasion that the premier mixed martial arts promotion has ventured to the Asian island nation, with the previous visit dating back to June 2022.

26.08 / 05:31

UPS Progressive Action Racing country Singapore ready for non-Chinese PM, says presidential candidate Tharman

Singapore is ready for a non-Chinese prime minister at any time, presidential candidate Tharman Shanmugaratnam has said ahead of the September 1 election, calling it a marker of the society's progress in the country dominated by Chinese-origin population. Race is a factor in politics everywhere, he said on Friday, citing former US president Barack Obama, who has spoken and written about it. However, Singaporeans today, unlike 40 or 50 years ago, look at all factors and not just race, said 66-year-old Tharman, a Singaporean of Indian origin. «They look at people in totality… Singapore is ready at any time.

25.08 / 21:07

COST Citi Dota stage International The International 2023: Group matches, playoffs, tickets, tournament and all you need to know

The International 2023 will take place in Seattle, Washington less than two months from now, its sale of tickets will begin soon. The North American city will host Dota 2’s biggest competition for the first time since 2017. Dota 2 is a multiplayer online battle arena (MOBA) video game owned by Valve. Before Valve decided to take The International to other cities like Singapore, Shanghai, Bucharest and Vancouver, the IT was held in Seattle.

25.08 / 13:36

business regulation Court Terra Vauld gets permission for board restructuring from the court

Vauld, a Singapore-based crypto exchange that has been in ongoing bankruptcy proceedings since August 2022, has said that it had received permission from the court to restructure its board. The new top management will lead the company’s bailout process.

25.08 / 12:33

Blockchain UPS Ethereum Lowe's Binance Platform country Ethereum, Binance, and Bitgert: A Comparative Analysis of Cryptocurrencies

Ethereum (ETH) is the second-largest cryptocurrency by market capitalization and the most widely used platform for smart contracts and decentralized applications. Ethereum has been undergoing a major upgrade called Ethereum 2.0, which aims to improve its scalability, security, and energy efficiency. Ethereum 2.0 is expected to be fully launched by the end of 2023, which could boost the demand and value of Ethereum (ETH).

25.08 / 12:19

UPS Cooper country audience NOT Qatar does not see its relationship with China damaging the US -PM

DUBAI (Reuters) — Qatar is balancing its relationships with both the United States and China and one link does not damage the other, Prime Minister Sheikh Mohammed Bin Abdulrahman al-Thani said on Friday.

25.08 / 11:33

Digital COMPOSITE Framework regulatory Singapore rolls out new regulatory framework for stablecoins

The new rulebook will apply to single-currency stablecoins (SCS) pegged to the Singapore Dollar or any G10 currency, that are issued in Singapore. Issuers of such SCS will have to fulfil key requirements relating to value stability - including information relating to their composition, valuation, custody and audit - new capital requirements and redemption and disclosure rules.The new rules have been designed to ensure an orderly wind-down of failing stablecoins schemes and full value returns to investors.Only stablecoin issuers that fulfil all requirements under the framework can apply to MAS for their stablecoins to be recognised and labelled as 'MAS-regulated stablecoins'.

25.08 / 07:23

Assurant Pinnacle Instagram show exclusive trudeau G20: Justin Trudeau disappointed over President Zelensky's exclusion from summit, ‘will do everything possible…’

G20 summit in New Delhi next month. Trudeau assured Zelenskyy of continued support and stated they would strongly advocate for Ukraine. The summit invited Netherlands, Singapore, Spain, UAE, Oman, Bangladesh, Egypt, Mauritius, and Nigeria as "guest countries." Ukraine was similarly invited to previous G7 and NATO summits to show support amid its conflict with G20 member Russia.

25.08 / 06:39

Lowe's BLOCK Gap show track Asia FX dips, dollar at over 2-mth high with Powell in focus

Investing.com — Most Asian currencies fell on Friday, while the dollar surged to two-month peaks as markets hunkered down ahead of more signals on monetary policy from the Jackson Hole Symposium.

25.08 / 04:59

business Hackers Cybersecurity Cybercrime malware BUG WinRAR patches zero-day bug that targeted stock and crypto traders

The developers behind file compression software WinRAR have patched a zero-day vulnerability that allowed hackers to install malware onto unsuspecting victims' computers, enabling them to hack into their crypto and stock trading accounts.

25.08 / 02:45

UPS Lowe's Target Platform Patrick show Dollar loiters at two-month peak ahead of Powell speech

Federal Reserve Chair Jerome Powell to gauge the path of monetary policy. Investors will parse through Powell's address on monetary policy at the Jackson Hole Economic Policy Symposium at 10:05 a.m. ET (1405 GMT) to better understand whether the Fed is done with rate hikes and how long it plans to keep rates elevated. The dollar index, which measures the U.S.

25.08 / 01:21

BLOCK services stake Financial Max Financial Services' promoter pares 3.6% stake for Rs 1,091 crore

Max Financial Services, offloaded a 3.6% stake in the company for ₹1,091 crore through open market transactions. Nippon India Mutual Fund (MF), ICICI Prudential MF, Kotak MF, Kotak Mahindra Life Insurance, HDFC Standard Life Insurance, Morgan Stanley Asia Singapore, International Monetary Fund and Plutus Wealth Management among others were the buyers of the shares of MFSL on both BSE and NSE. Max Financial Services Ltd (MFSL) is the holding firm for Max Life Insurance Company.

24.08 / 17:39

FIVE BLOCK SUN Financial Bulk & Block Deals on Aug 24: Max Financial, Coforge, RBL Bank, Manappuram Fin exchange hands; check buyers, seller

Coforge, Max Financial, Manappuram Finance, RBL Bank and Sapphire Foods saw heavy buying and selling on Thursday, August 24 among bulk and block deals on stock exchanges BSE, NSE. The stock were in focus accordingly during the trading session. Shares of Coforge surged over 9 per cent to hit the day's high of ₹5,403.85 apiece on the BSE after a block deal.

24.08 / 15:55

UBS stake Financial Promoter entity sells 3.3% stake in Max Financial for Rs 982 crore; IMF, other funds buy

Max Financial Services, on Thursday, sold 3.3% stake in the company for Rs 982 crore. The promoter group entity sold 1.12 crore shares in Max Financial at Rs 873 apiece. This is at a discount of around 1% to Wednesday’s closing price of the stock. As of June-end, Max Ventures Investment held a 10% stake in the financial services company. Despite the selling, shares of Max Financial ended nearly 3% higher at Rs 904.35.

24.08 / 15:31

Ethereum regulation Ban Legal UK Financial Today in Crypto: Sinapore's Banking Giant DBS Unveils Its Metaverse Concept, UK Explores 'Best Way' to Ban Cold Calling for All Financial Products Including Crypto, SBF's Layers Can 'Make Unlimited Advantage of Visitation Hours'

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

24.08 / 15:19

Target Platform Strategy boost Deal Shein inks deal with Forever 21 owner as fast-fashion majors look to boost reach

By Arriana McLymore

24.08 / 11:45

UPS Citi Provident Platform coinbase Everest business development Uber appoints Arnab Kumar director of business development for India & South Asia

Uber on Thursday said it has appointed Arnab Kumar as director of business development for India and South Asia. Kumar has had previous stints at cryptocurrency exchange Coinbase, investment fund Prosus Ventures, and at Indian think tank Niti Aayog, where he worked on India's Covid contact tracing app Aarogya Setu. “During his work at Niti Aayog he delivered impact and change at scale. Under his leadership, our business development team will continue to be a key accelerant for our partnerships and new growth opportunities.” said Prabhjeet Singh, president, Uber India and South Asia Arnab has also worked for Deutsche Bank as an investment banker in Singapore and New York.

24.08 / 11:21

Man Google Celebrity show country social song ‘Time for a new cartoon’: Indians slam old NYT caricature as Chandrayaan-3 reaches Moon

Chandrayaan-3 reached the South Pole of the Moon, a soft landing never attempted by any other country. Indians were jubilant in celebrating this achievement they did not forget a New York Times cartoon that came out six years ago. The cartoon that was published following the success of Mangalyaan mission in 2014, returned to social media after years wherein Indians took a dig at the US-based news paper.

24.08 / 11:07

COST UPS Lowe's Gap Compilation show Financial Why bonds are the best since the financial crisis

The prospect of global interest rates remaining higher for longer is tipping the case for many investors to switch into bonds from stocks.

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