Singapore Financial News

In many ways, the recently concluded agreement between India and the European Free Trade Association (EFTA) is mainly a confidence building measure for India in the run-up to trade agreements likely to be pursued after general elections with the EU and UK. In most cases, the I-EFTA pact will have limited impact—India’s principal import from the four-nation group, gold, is not subject to pre-determined tariff reductions, while agricultural imports are excluded.

crypto market is faltering as the path to looser monetary policy in the US becomes more challenging. Coins earlier favored by the meme-trading crowd such as Pepe, dogwifhat and Bonk slumped over the past 24 hours, consigning a gauge of smaller digital assets to its biggest tumble on Monday in more than two weeks.

jobs, and then sell what they produce to the rest of the world. The recipe — customized in varying ways by Hong Kong, Singapore, South Korea, Taiwan and China — has produced the most potent engine the world has ever known for generating economic growth. It has helped lift hundreds of millions of people out of poverty, create jobs and raise standards of living.

Singapore has taken steps to expand its crypto regulations by including the custody of tokens and firms involved in fund transfers. 

In a series of ongoing court trials linked to Terraform Labs’ fraud claims tied to the 2022 implosion of its TerraUSD stablecoin, one former employee testifies how working with Terraform was rife with pitfalls.

government Tuesday allowed exports of Kala Namak rice up to an aggregate quantity of 1,000 metric tonnes through six specified customs stations. Their exports were prohibited till now. “Authorized signatory for certification of Kala Namak rice and its quantity will be Director, Agriculture Marketing & Foreign Trade, Lucknow,” the Directorate General of Foreign Trade said in a notification. Kala Namak is a premium non-basmati rice variety grown in Uttar Pradesh.

The report from Juniper Research predicts that embedded finance revenue will exceed $228bn by 2028 thanks to advances in technology.

The owner and manager of a cargo ship that rammed into Baltimore’s Francis Scott Key Bridge before it collapsed are seeking to limit their legal liability for the deadly disaster

Ant Group’s Web3 security solutions provider ZAN has become a validator on Core Chain – EVM-compatible blockchain secured on Bitcoin.

Vistara, after canceling approximately 50 flights the previous day, is anticipated to cancel around 60 flights on Tuesday, according to sources cited by The Times of India. As per PTI sources more flights are expected to be cancelled on Tuesday and the number could go up to 70. To address the continuous flight disruptions caused by a shortage of pilots, the airline has introduced measures to mitigate the situation. These measures entail scaling down flight operations and deploying wide-body aircraft on domestic routes to assist stranded passengers.

Reliance Industries campus in Chennai, several people aware of the matter told ET. This will help the American company process user generated content locally across its flagship apps such as Facebook, Instagram and WhatsApp. The Mark Zuckerberg-led company inked a deal with RIL following discussions at the recently concluded pre-wedding celebrations of Ambani scion Anant at Jamnagar in early March, the sources added.

collapsed last week filed a court petition Monday seeking to limit their legal liability for the deadly disaster. The companies' “limitation of liability" petition is a routine but important procedure for cases litigated under U.S. maritime law.

European and US equity futures rose Monday as US inflation figures did little to alter views that the Federal Reserve will cut interest rates this year.

The entity behind the layer-1 blockchain Tron has requested the dismissal of a lawsuit filed by the United States Securities and Exchange Commission (SEC) against it, arguing that the regulator’s focus on “predominantly foreign conduct” goes beyond its jurisdiction. 

soft-boiled egg, the ball is raised to the other end of the rod and released. It hits the mould with a force of 0.6867 Newtons, just enough to crack the eggshell so the top comes off cleanly and the contents can be dug out and eaten. Germans aren’t alone in their love for soft-boiled eggs; Singapore’s kopitiam (coffee-shop) style eggs are served with a dash of soy sauce and pepper. France has many recipes structured around oeufs mollets, most notably one which suspends them in savoury jelly. Scotch eggs envelop them with minced meat. Japanese ramen includes a soft-boiled egg whose creaminess subtly helps enrich the broth. Indians eat eggs scrambled with onions, tomatoes and coriander, or stir-fried with kheema. We hard boil and cook them in curries. We make them into omelettes, stuff them into rolls, or dunk them in gravy. We fry and serve them with cheese and chillies on toast in the newly-popular Eggs Kejriwal. We make bizarre variations (fried with Fanta!) that are condemned or celebrated on social media. What we don’t like is to just soft-boil them.

Bhaskar Dutta, a young entrepreneur hailing from Jorhat, has scripted a trailblazing success story in the arena of robotics and autonomous driving technology. Dutta’s deep tech startup Hertzwell, which operates from Singapore, has secured the topmost position in the prestigious NuScenes Object Detection Leaderboard in a significant milestone. This achievement highlights the remarkable capabilities of Hertzwell in the realm of autonomous driving technology, underlining the immense potential of Assam's youth to make impactful contributions on a global scale. NuScenes, a widely recognized benchmark dataset within the autonomous driving community, rigorously evaluates the performance of AI based object detection algorithms across various real-world driving scenarios. Hertzwell's groundbreaking approach has demonstrated unparalleled accuracy and efficiency, leading to its top-ranking position on the leaderboard.

James Cook University has earmarked Singapore dollars 10,000 worth of scholarships for students from India, encouraging them to pursue higher education at its campus. The initiative aims to provide opportunities for South Asian students with a high-quality education in Singapore amid many challenges in international student policies across various mainstream countries, a press release from the university said on Saturday. James Cook University offers courses, including Bachelor's and Master's. It also offers students to take up higher degrees through research programmes on various streams. «Studying abroad is a dream for many students in India, but choosing the right institution can be a challenging task in this competitive world. The exposure will be quite rewarding in terms of developing self-confidence, reinventing oneself, and opening yourself to new experiences,» said Dean International and Chief Sustainability Officer of the University, May Tan-Mullins in the statement.

A UK judge has taken action to prevent Craig Wright from evading court orders following a ruling stating that Wright falsely claimed to be the creator of Bitcoin. 

US stocks ended on a positive note amid expectations that the world’s biggest economy will be able to achieve a soft landing. Japanese, South Korean and mainland Chinese stocks also rose, with much of the region, including Australia, Hong Kong and Singapore closed for a public holiday.

Francis Scott Key Bridge in Maryland collapsed, Governor Wes Moore emphasised that the rebuilding of the bridge would not take days or weeks, adding that «we have a very long road ahead of us.» The Singapore-flagged vessel collided with one of the pillars of the Francis Scott Key Bridge in Maryland, leading to its collapse on Tuesday.

NEW DELHI : Former US vice-president Al Gore-headed Generation Investment Management’s Just Climate LLP, and Singapore’s CapitaLand Investment Ltd are among entities exploring an acquisition of Radiance Renewables Pvt. Ltd, two people aware of the development said. The sale of the Eversource Capital-backed company, which operates in the commercial and industrial (C&I) segment, may attract a potential equity value of about $300 million, the people said.