Singapore Financial News

01.03 / 16:09

markets IPO Provident Digital Booking SUN band RK Swamy IPO: Firm mobilises ₹187 crore from marquee investors in anchor round ahead of issue

RK Swamy IPO: RK Swamy has raised ₹187 crore from from marquee investors in anchor round on Friday, March 1, ahead of its IPO subscription opening for bidding. RK Swamy IPO opens for subscription on Monday, March 4, 2024 and closes on March 6, 2024.

01.03 / 14:17

Provident Cooper security Trade country Why the MILAN matters to Southeast Asian countries

MILAN is an India-hosted biennial multi-national naval exercise that originated in 1995. The exercise aims to enhance cooperation and interoperability among the navies of diverse participating countries.

01.03 / 02:27

Boeing Trade Apache country cover Department Boeing agrees to $51 million settlement for US export violations, including in China

export violations including Chinese employees in China improperly downloading documents related to U.S. Defense Department programs.

29.02 / 13:15

UPS Manufacturing Software Qualcomm show track US logistics firm Airspace expands in Asia, partners with Qualcomm

By Stephen Nellis

29.02 / 13:11

UPS Software Enterprise Research Healthcare information Privacy tech startup Silence Laboratories raises $4 million in funding led by Pi Ventures

Silence Laboratories, which builds products to help enterprises and companies ensure data privacy through technologies like multiparty computation (MPC), has raised $4.1 million in a funding round. The round was led by Pi Ventures and Kira Studio, along with other angel investors. The newly-acquired funds are earmarked for scaling up its tech and business team, and to invest in research and development initiatives, the company said.

29.02 / 08:27

markets COST Reuters security economy show information Oil slips on US demand, interest rate fears

(Corrects to show oil prices fell, not extended declines, in paragraph 1 and headline)

29.02 / 07:43

markets UPS Trade Bitcoin 2020 Soaring bitcoin set for biggest monthly jump since 2020

SINGAPORE (Reuters) — Frenetic activity in bitcoin put it on course for its biggest monthly gain in more than three years on Thursday and it is within range of a record high as cash rushing to listed bitcoin funds propels a sweeping rally.

29.02 / 06:47

markets Trade Bitcoin performer track 2020 Dollar braces for US inflation reading, yen jumps on BOJ comments

By Tom Westbrook

28.02 / 09:47

Dogecoin cryptocurrency XRP litecoin BNB Ethereum Price Bitcoin Price Crypto Price Today: Bitcoin surges 9%, sharp rally triggers action in major crypto assets

Dogecoin, Solana, BNB, Avalanche, Toncoin, XRP and Tron soared up to 6.40%. Bitcoin reclaimed the $57,000 level for the first time since late 2021 in today's early trade, supported by investor demand through exchange-traded funds as well as further purchases by MicroStrategy Inc. The digital asset added as much as 4.4% to reach $57,039 before paring some of the jump to trade at $56,473 as of 10:22 am Tuesday in Singapore, Bloomberg reported.

28.02 / 08:21

UPS Man hospital travelers infection rights ‘Leg for a life’: B.C. man looks forward after amputation due to flesh-eating disease

Vancouver firefighter Christopher Won said he is just feeling lucky to be alive after a devastating diagnosis on his vacation forced the amputation of his lower leg.

28.02 / 05:23

markets COST UPS Reuters Manufacturing Bearish demand expectations challenge iron ore's price resilience

By Amy Lv and Tony Munroe

27.02 / 08:03

markets Digital ETF Software MicroStrategy Trade Bitcoin Bitcoin breaks $57,000 as big buyers circle

SINGAPORE (Reuters) -Bitcoin hit a two-year high on Tuesday on signs of large players buying the cryptocurrency, while smaller rival ether topped $3,200 for the first time since 2022.

27.02 / 08:03

markets Target Reuters MSCI Nikkei Bitcoin Asia shares wobble, traders on guard as Japanese inflation tops forecast

By Tom Westbrook

27.02 / 07:45

Huobi Hong Kong-Based HTX, Formerly Huobi, Withdraws Crypto Exchange Application

Hong Kong-based cryptocurrency exchange HTX, formerly known as Huobi Global, withdrew its application for a license on February 23, according to a filing posted on the Securities and Futures Commission website.

27.02 / 05:53

economy wellness Trade show performer Asia FX firms as dollar eases; yen buoyed by sticky inflation

Investing.com-- Most Asian currencies rose slightly on Tuesday, taking some relief from mild declines in the dollar before a key inflation reading which is set to offer more cues on U.S. interest rates this week.

27.02 / 04:45

CEO reports Edtech giant Byju's faces new NCLT challenge: Oppression, mismanagement suit filed by 4 investors

Byju’s woes: The National Company Law Tribunal (NCLT) has registered a new plea filed by four investors against Byju’s, the Indian Edtech major. The investors have accused the company’s management of oppression and mismanagement, according to a report by Moneycontrol.

27.02 / 02:57

Citi Pfizer PepsiCo IBM International Pepsi, IBM sell bonds through Singapore to reap tax benefit

tax benefit is spurring US companies including PepsiCo Inc. and International Business Machines Corp. to sell bonds through their Singapore subsidiaries, fueling a record surge of sales from borrowers in the city state. The tactic can allow companies to deduct interest expense from their taxable income in both the US and Singapore. That double deduction means that effective borrowing costs — after taxes — can be materially lower than they would be with a bond issued in the US.

27.02 / 02:39

markets IPO Compilation security Trade stage information Fast-fashion brand Shein eyes London bourses after New York, US listing stumbles

New York because of hurdles to the listing in the US, according to people with knowledge of the matter. Shein, which was founded in China but is now headquartered in Singapore, is in the early stages of exploring the London option as it has judged it unlikely that the US Securities and Exchange Commission will approve its IPO, the people said, asking not to be identified discussing confidential information. Shein is still working on its application to list in the US as its preferred location, the people said.

27.02 / 02:25

markets Compilation security Trade stage information Shein considers London IPO amid US resistance to listing

Shein is considering the possibility of switching its initial public offering to London from New York because of hurdles to the listing in the US, according to people with knowledge of the matter. Shein, which was founded in China but is now headquartered in Singapore, is in the early stages of exploring the London option as it has judged it unlikely that the US Securities and Exchange Commission will approve its IPO, the people said, asking not to be identified discussing confidential information.

27.02 / 01:11

UPS BLOCK Mobile Research Trade reports Stocks in news: SBI, Canara Bank, CMS Infosystems, Paytm, Indian Oil

Indian Oil State-run Indian Oil has cancelled the tender for setting up the first green hydrogen plant at the company's Panipat Refinery and Petrochemical Complex in Haryana.

26.02 / 17:45

Extreme Opinion Experts country Department rights International How Singapore NRIs can navigate DTAA hurdle on capital gains tax

International tax treaties can be extremely confusing for the layman. That is because the provisions in such treaties are drafted in a very convoluting manner. And it is not just the layman who is confounded.

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