Singapore Financial News

Subscribe to enjoy similar stories. Victims of the $233-million WazirX hack are preparing to sue the cryptocurrency exchange for damages in the national consumer forum after the firm’s Singapore-based parent won a four-month moratorium against legal proceedings in the city-state.

Subscribe to enjoy similar stories. Months after slipping into the hands of Byju’s lenders, Great Learning is back in the black, mapping out an ambitious new chapter that could lead to an initial public offering (IPO). Flush with profitability and bolstered by organic growth, the edtech platform is now charting a course away from the turbulence at its former parent, Byju’s.

The owner and manager of the cargo ship that caused the Baltimore bridge collapse have agreed to pay more than $100 million to settle a lawsuit brought by the Justice Department

Tata Power Trading Company, a subsidiary of Tata Power and Singapore-headquartered Keppel have entered into an agreement to launch sustainable Cooling-as-a-Service (CaaS) solutions in India. This marks Tata Power's entry into the segment. CaaS enables businesses and building owners to subscribe to long-term, energy-efficient space cooling solutions without having to invest in related infrastructure. In a press statement, the company said the collaboration aims to provide state-of-the-art CaaS solutions, delivered through the deployment of both large-scale District Cooling Systems (DCS)1 as well as individual building systems to serve India's key urban areas, and commercial and industrial sectors.

Subscribe to enjoy similar stories. Less than a mile from Singapore’s luxurious Changi Airport sits a rather less glamorous business park. Residents of the industrial estate include freight and logistics firms, as well as the back offices of several banks.

LONDON — The U.K. is likely to see stablecoin laws introduced in a matter of «months, not years,» according to crypto firm Circle's top policy executive.

Singapore when all of us can't wait to land at Changi Airport and start our Diwali-to-Christmas shopping. But when the someone badmouthing is Lee Hsien Yang, younger son of Singapore's founding father Lee Kuan Yew, you hold on to your buffet ticket at Raffles Singapore just a wee bit tighter.

Godavari Biorefineries Ltd on Tuesday said it has raised over Rs 166 crore from anchor investors, a day before its initial share-sale opening for public subscription. Marquee investors who participated in the anchor book included HDFC Mutual Fund, Whiteoak Capital Fund, Goldman Sachs (Singapore) Pte Ltd, Societe General and SBI General Insurance, according to a circular uploaded on BSE website. As per the circular, Godavari Biorefineries allocated 47.28 lakh equity shares to 19 funds at Rs 352 apiece, which is also the upper price band of the IPO. This translates into a transaction size of Rs 166.42 crore.

UBS Wealth Management senior vice president Brenda OConnor Juanas and Strategic Wealth Partners Mark Tepper look ahead to the elections impact on markets and notable earnings out this week.

Tanzeel Akhtar has been covering the cryptocurrency and blockchain sector since 2015. She has written for the Wall Street Journal, Bloomberg, CoinDesk and Bitcoin Magazine.

Subscribe to enjoy similar stories. Go First, the grounded airline entangled in bankruptcy proceedings, is seeking permission for a foreign funding lifeline to pursue a high-stakes arbitration case against Pratt & Whitney. If granted, the move would mark an unprecedented shift in India’s Insolvency and Bankruptcy Code (IBC), potentially reshaping how distressed companies fund litigation.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...

Anand Mahindra, renowned for his uplifting social media presence, has once again engaged his followers with an inventive take on combating the notoriously infamous «Monday mornings.» This time, he highlighted a fascinating feature from Singapore’s Changi Airport that allows passengers to take a slide to their boarding gates. In a post on X, Mahindra shared a video showcasing this playful option at the airport. He used the slide as a metaphor for embracing the week ahead with enthusiasm and joy.

Enforcement Directorate (ED) has shown the rising reach and power of the Popular Front of India (PFI), the organisation at the centre of several ongoing probe being done by various agencies, ToI reported on October 21. The Enforcement Directorate (ED) arrested KA Rauf Sherif, general secretary of the Campus Front of India (CFI), in December 2020, marking the beginning of a multi-agency investigation into the Popular Front of India (PFI). A dossier prepared by ED after a four-year probe detailed that PFI has numerous members and offices in states including Kerala, Karnataka, Tamil Nadu, Telangana, Delhi, Rajasthan, Maharashtra, Bihar, West Bengal, Assam, Jammu and Kashmir, and Manipur. PFI, banned under the Unlawful Activities (Prevention) Act in 2022 after an attempted attack on Prime Minister Narendra Modi in July of that year, reportedly has 13,000 members in Singapore and five Gulf countries. According to the dossier, funds are collected in cash from «unknown donors» and sent to India through hawala channels. These funds are then deposited in 29 bank accounts of trusts and affiliated entities.

Sridhar Vembu, CEO of Zoho Corporation, has expressed his belief that Kerala has the potential to achieve economic prosperity comparable to that of Taiwan. His comments were made in response to a tweet by Thomas Isaac, a member of the Central Committee of Communist Party of India, who highlighted the recent electoral success of the Student Federation of India (SFI) in college union elections across the state. “I say all this as a person who loves Kerala. Kerala could be as rich as Taiwan,” Vembu remarked on X, raising concerns about the significant outflow of talented youth from the state. He pointed out that many graduates are leaving Kerala to pursue job opportunities in other states or abroad after completing their education.

Indian airlines received bomb threats, as reported by sources. Among the airlines affected are IndiGo, Vistara, Air India, and Akasa Air, including some international routes. IndiGo had six flights impacted by the threats, which included routes such as 6E 58 from Jeddah to Mumbai, 6E 87 from Kozhikode to Dammam, and flights 6E 11 and 6E 17 from Delhi and Mumbai to Istanbul, respectively. Other affected services included 6E 133 from Pune to Jodhpur and 6E 112 from Goa to Ahmedabad.

I am a director level macro trader at US bank. I have been contemplating a switch to the buy side. But after many probability weighted calculations, I've sadly determined that it is impossible and completely unwise to take the risk to leave the bank salary given the minimum spending requirements that I have.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.