Singapore Financial News

14.03 / 08:57

UPS Trade country rights Destinations Sporting Singapore's PCG to reopen fund for luxury Japan ski resort as weak yen beckons

By Mariko Katsumura and Rocky Swift

14.03 / 08:55

economy Sustainability Research Trade stage country reports Indo-Pacific Economic Framework deal in final stage, signing likely soon

Mint on 28 December 2023 reported that legal scrubbing of both the pillars had started and the deal is expected to be signed in 2024. “Both the pillars are very important for the country. The clean economy (Pillar-III of the IPEF) is aimed at cooperation on research, development and commercialisation of clean energy and climate-friendly technologies," the second person said.

14.03 / 07:55

Cooper Landmark security Research country Department prevention U.S. and China Extend Landmark Bilateral Deal, Very Quietly

SINGAPORE—When a landmark science and technology agreement between the U.S. and China reached its expiration in late February without an extension, it plunged the academic community in both countries into uncertainty. Neither country confirmed an extension for nine days.

14.03 / 05:47

markets UPS Citigroup Parke Research Bill Japan's money markets gird for end of negative rates

By Junko Fujita and Tom Westbrook

13.03 / 05:47

Provident Digital President Bitcoin country blues Crypto exchange OKX receives in-principle approval for Singapore payments licence

Cryptocurrency exchange OKX's Singapore subsidiary has received in-principle approval for a payments licence to operate in the city-state, the firm said on Wednesday. The approval, granted by the Monetary Authority of Singapore, will allow OKX to provide digital payment token and cross-border money transfer services in Singapore, which has emerged as a centre for crypto in Asia in recent years.

13.03 / 05:41

Digital OKX Crypto Exchange OKX Granted In-Principle Approval to Offer Services in Singapore

Crypto exchange OKX said Wednesday that it received in-principle approval for a digital asset license from Singapore’s central bank. This marks a significant step towards achieving full regulatory compliance in the country.

12.03 / 04:59

markets UPS ETF Coindesk Bitcoin reports Bitcoin market cap surpasses Silver to take eighth spot in global asset rankings

Bitcoin has climbed up the ranks to become the world's eighth most valuable asset by market capitalisation, surpassing silver, CoinDesk reported. The world's largest cryptocurrency reached an all-time high valuation of over $72,000 during the morning hours of US trading on March 11, leading to a market cap of $1.42 trillion. This has now placed it ahead of silver (valued at $1.387 trillion), according to CompaniesMarketCap.

12.03 / 03:43

JPMorgan security economy Election country reports Meet Pakistan's new Finance Minister Muhammad Aurangzeb, an ex-JPMorgan Banker

Prime Minister Shehbaz Sharif picked a former banker from JPMorgan Chase & Co. as finance minister to help bolster the cash-strapped economy after a contentious election. Muhammad Aurangzeb, 59, was appointed to the position, the Finance Ministry confirmed in a post on X.

11.03 / 14:51

Blockchain Digital Platform community Diversity innovations testing place MetaCene Announces $10 Million Private A Round Funding, Securing Its Place as a Web3 Gaming Pioneer

Singapore, 13-03-2024, BlockmanPR – MetaCene, the leading meta-MMO platform for all gamers, is redefining the boundaries of digital ownership and creativity. Today, it proudly announces the closure of its $10 million Private A round funding. The successful round brings together a star-studded lineup of investors, fueling MetaCene’s mission to create a borderless on-chain homeland, which unites MMORPG players, content creators, and Web3 enthusiasts through “co-entertainment, co-creation, and co-governance”.

11.03 / 10:29

Provident Action Celebrity country Ramadan moon sighting 2024: Will crescent moon be sighted in India tonight? Check here

Ramadan moon sighting 2024: Muslim population in Saudi Arabia sighted the crescent moon on Sunday and began their Ramadan 2024 fasting on Monday, March 11. Usually, the Ramadan moon is sighted in parts of Asia and Australia a day after the crescent moon sighting in Saudi Arabia and the UAE. Ramadan 2024 is the ninth month of the Islamic calendar and is considered as the holiest month for the people of the Muslim faith.

10.03 / 19:13

Target Action War country reports Yemen's rebels target Singapore-flagged ship in Gulf of Aden as US and allies down Houthi drones

Officials say an attack by Yemen’s Houthi rebels set off explosions ahead of a Singapore-flagged vessel in the Gulf of Aden

10.03 / 18:35

markets Target Aware Platform Enterprise reports Edelweiss front runner to buy O2 Power’s 350 MW solar projects

New Delhi: Sekura Energy, an energy sector-focused platform of Edelweiss Infrastructure Yield Plus Fund, is the front-runner to buy solar projects totalling 350 megawatts (MW) from O2 Power, two people aware of the development said. The deal is likely to have an equity and enterprise value of $50 million and $200 million, respectively, the people said. The sale process is being run by EY.

09.03 / 18:23

COST UPS Manufacturing Research Micron 'India will soon make equipment for semiconductor manufacturing'

India will soon start making equipment for semiconductor manufacturing, Union telecom and IT minister Ashwini Vaishnaw said on Saturday. «The entire semiconductor ecosystem of fabs, ATMP units, chemicals, gases, substrate, consumables and equipment for semiconductor manufacturing will be made in India,» he said. He was speaking at the inauguration of American chip equipment supplier Applied Materials' India Validation Centre in Bengaluru which was set up at a cost of $20 million.

09.03 / 17:13

COST UPS Manufacturing Micron Schools India to soon manufacture semiconductor equipment: IT Minister Ashwini Vaishnaw

India will soon start making equipment for semiconductor manufacturing, IT minister Ashwini Vaishnaw said on Saturday. “The entire semiconductor ecosystem of fabs, ATMP units, chemicals, gases, substrate, consumables and equipment for semiconductor manufacturing will be made in India,” he said. He was speaking at the inauguration of American chip equipment supplier Applied Materials’ India Validation Centre in Bengaluru which was set up at a cost of $20 million.

09.03 / 15:53

Target Trade War shooting reports SOLIDARITY US-led coalition shoots down 15 Yemen rebel drones: CENTCOM

Iran-backed Yemeni rebels into the Red Sea and Gulf of Aden on Saturday, the US military said. Shortly afterwards, the rebels claimed the attack, saying they had fired missiles at an «American» commercial ship and launched drones at US warships in «the Red Sea and Gulf of Aden». It was one of the Huthis' largest attacks since they began in November a campaign of drone and missile strikes against vessels in the Red Sea area, vital for world trade, in professed solidarity with Palestinians during Israel's war against Iran-backed Hamas militants in the Gaza Strip.

09.03 / 07:05

Target Action WhatsApp War reports Attack by Yemen's Houthi rebels sees explosions ahead of Singapore-flagged ship in the Gulf of Aden

Yemen's Houthi rebels on Friday set off explosions ahead of a Singapore-flagged vessel in the Gulf of Aden, authorities said. The attack targeted the bulk carrier Propel Fortune, which continued on its way, according to the United States military's Central Command. «The missiles did not impact the vessel,» Central Command said. «There were no injuries or damages reported.» The Houthis did not immediately claim responsibility for the attack. A statement from Houthi military spokesperson Brig. Gen. Yahya Saree was delayed on Friday night over «urgent military developments in the theatre of military operations», according to the rebel-controlled SABA news agency. He was scheduled to speak on Saturday.

08.03 / 12:01

UPS pandemic country travelers International China is making it much easier for foreigners to use mobile pay

BEIJING — Foreign visitors to China can now spend up to $2,000 a year using the mobile app Alipay without having to register their ID, the app operator said Friday.

08.03 / 09:21

markets UPS economy Trade reports Stock market today: European shares mostly down after rally in Asia, as focus remains on rates

European shares are mostly declining, but Asian benchmarks finished higher after U.S. stocks climbed to records

08.03 / 09:11

Citizens security WhatsApp Interface country International Now, pay using UPI to Nepalese merchants

NPCI on Friday announced that Unified Payment Interface (UPI) is now live in neighbouring Nepal. UPI users can scan QR codes to make payments to Nepalese merchants, said an official statement. This comes after a tie-up between the National Payments Corporation of India International Payments (NIPL) and Nepal's largest payment network Fonepay Payment Service in September last year. In its first phase, the partnership will enable Indian consumers to make instant, secure, and convenient UPI payments across various business stores in Nepal by using UPI-enabled apps, the statement said.

08.03 / 07:15

markets UPS Trade Cycling country reports Asia shares hit 7-month high, US jobs data in spotlight

By Rae Wee

08.03 / 05:43

markets Career Align show country reports International In age of AI, companies put focus on tech & soft skills and ‘internal mobility’

skillsets of employees as the nature of work is changing. Companies are taking care to embed a culture of learning so that the process is continuous. According to LinkedIn’s recent Workplace Learning Report, 94% of companies that took part in the survey said it plans to enhance employees’ skills in 2024. The survey was conducted by Censuswide with a sample of about 4,323 hiring managers (middle management) aged 18-77 years in countries such as the UK, Ireland, France, Germany, Italy, Spain, the USA, India, Australia, Singapore, Japan, Indonesia, China, the Netherlands, Sweden, MENA and Brazil. The data was collected between the middle of December and early January 2024.

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