Singapore Financial News

20.11 / 02:41

Gap economy show gatherings China keeps lending benchmark rates unchanged, as expected

SHANGHAI/SINGAPORE (Reuters) — China left benchmark lending rates unchanged at a monthly fixing on Monday, matching expectations, as a weaker yuan continued to limit further monetary easing and policymakers waited to see the effects of previous stimulus on credit demand.

20.11 / 02:01

CEO Mobile Bayer Instagram beautiful information reports Optus CEO Kelly Bayer Rosmarin resigns following nationwide telecom outage

Instagram Reels dominates beauty purchases in India Moreover, critical sections of the country’s public transport system were rendered inoperable. The outage also led to the failure of hundreds of emergency calls intended for police, ambulances, and firefighters. Following her appearance last week in a parliamentary inquiry investigating the outage, Bayer Rosmarin faced escalating pressure to quit her position.

20.11 / 00:09

CEO Bayer country consequences Australian Australian telco Optus CEO resigns days after network-wide outage

(Reuters) -Australia's second-largest telco Optus' Chief Executive Officer Kelly Bayer (OTC:BAYRY) Rosmarin has resigned, its parent Singapore Telecommunications said on Monday, days after a network-wide outage left nearly half the country without phone or internet for 12 hours.

19.11 / 19:01

Highways Southern country PetroChina controls over 100 fuel stations close to India-Myanmar border

India along its eastern neighbourhood, China's state-owned petroleum company has acquired control of several petrol pump and diesel stations in close proximity to the Myanmar-India border in recent times. PetroChina has so far acquired 119 retail fuel stations in Myanmar and may acquire another 53, sources indicated. Over 50 of these fuel stations were earlier owned by a Singapore-based firm. Most of the pumps acquired by PetroChina are in proximity to the India-Myanmar border or along the Trilateral Asia Highway, ET has learnt. Ever since Myanmar faced western sanctions after the coup, China has come to its rescue, including in the oil and gas sector.

19.11 / 11:49

Citi Software economy Enterprise Indus Entrepreneurs are returning from Europe-US to be part of India's growth story: Ex-NASSCOM chairman

Europe and the United States are heading back to India where the economy is growing and opportunities are large, Saurabh Srivastava, the former NASSCOM chairman, has said. «Today, more and more Indian entrepreneurs are heading back to India from Europe and the US have achieved success in those markets,» Srivastava, the co-founder of the National Association of Software and Services Company (NASSCOM), said on the sidelines of Singapore Fintech Festival from November 15-17 here.

18.11 / 15:19

BTC Digital ETF coinbase economy BlackRock Bitcoin 500 Support Bitcoin Price Prediction as BTC Falls Below $36,500 – Where is the Next Support Level?

In the ever-evolving world of cryptocurrency, Bitcoin (BTC) has experienced a slight retreat, now trading at $36,410, marking a 0.25% decrease on Saturday. This latest fluctuation comes amid significant developments in the crypto space.

18.11 / 09:59

Provident Manufacturing Remark Healthcare innovations patient MedAlliance acquired by Cordis for $1.13 billion

MedAlliance has announced acquisition by Cordis for $1.13 billion. Cordis will play a pivotal role in the marketing, distribution, and global accessibility of MedAlliance's revolutionary Drug-Eluting Balloon, the company said in a statement. MedAlliance has a manufacturing facility in the US and research and development centers in Switzerland and Singapore.

18.11 / 04:31

Citi Gap Pool pandemic country innovations It might be a good time to look for jobs in Singapore

Singapore startups less than gung-ho about adding to the city’s 18,000-strong fintech workforce. However, it may not be a bad time to look for jobs in the Asian financial center. Rivals like Hong Kong and Abu Dhabi are hungry for qualified professionals.

17.11 / 22:15

business Law wallet Disney Uniswap goldman sachs CBOE Crypto Biz: Uniswap’s Android wallet app, Cboe to launch BTC, ETH margin futures, and more

As the final weeks of 2023 approach, it’s fair to say that one of the most dominant trends and drivers of crypto companies’ strategies over the past months can be summed up in a single word: licenses.

17.11 / 18:40

Citi FIVE CEO Airlines Boeing show India's maiden A350 aircraft takes ferry flight, to join Air India fleet soon

Air India and reflects the airline's commitment to offering a modern and visually appealing experience for passengers. The Tata Group-owned airline has ordered six A350-900 planes and five of them are scheduled for delivery through March 2024. On September 29, Air India said it has completed the acquisition of its first A350-900 aircraft by way of a finance lease transaction with HSBC through the GIFT City.

17.11 / 18:05

Blockchain Provident Digital CEO JPMorgan Align Ava Labs show portfolio management JPMorgan Explores Fund Tokenization for Personalized Portfolio Management

JPMorgan and Apollo have collaborated with several blockchain firms to showcase a “proof of concept”, demonstrating how asset managers can tokenize funds using the blockchain of their preference.

17.11 / 13:07

show tenor 2020 Department Treasuries saw first net outflows in two years, official data reveals

The savage sell-off that hit Treasuries in prior months was driven by concerns a buyers’ strike had hit the $26 trillion bond market. It’s now confirmed: at least one set of investors headed for the exits back in September.

17.11 / 11:35

Provident Digital Ripple Progressive coinbase Asia-based Crypto Exchange XREX Secures In-Principle Approval for Major Payment Institution License in Singapore

On November 16, XREX, an Asia-based cryptocurrency exchange specializing in cross-border payments, achieved a significant milestone by receiving in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. This license will empower XREX to provide digital payment token products and services in Singapore, solidifying its position as a compliant and regulated player in the digital asset space.

17.11 / 09:37

Blockchain CBDC Digital MasterCard Experts country innovations NOT CBDC’s Not Yet Ready for Mainstream, Says Mastercard Expert

Mastercard’s expert Ashok Venkateswaran has expressed skepticism about the current viability of widespread central bank digital currencies (CBDC), claiming that the broad adoption of CBDC could be “difficult,” according to CNBC.

17.11 / 06:43

Provident CEO Action Software Bayer information reports Optus CEO Kelly Bayer Rosmarin considers stepping down

Optus chief executive Kelly Bayer Rosmarin is considering exiting the country’s second-largest telecommunications group after two major crises in 12 months and as she prepares for a difficult Senate hearing on Friday.

17.11 / 06:03

Blockchain CBDC Adoption Digital Currency Digital Dollar Singapore central bank to trial live wholesale CBDC for settlements

A pilot program for a live Singapore dollar-based central bank digital currency (CBDC) was unveiled by Singapore’s central bank with a wholesale CBDC to be used by local banks for settlements.

17.11 / 05:39

BLOCK Reuters Enterprise Bill information reports prevention Govt looking to restart probe into Adani Group's coal imports case: Report

Adani Group for alleged overvaluation of coal imports, according to a report published by the news agency Reuters. The Directorate of Revenue Intelligence has been attempting to obtain Singaporean authority's transaction documents pertaining to Adani's business dealings since 2016.

17.11 / 05:15

Provident economy show performer country fed rate cut Weekly Rate Cut rate cut bets Asia FX muted, dollar set for weekly drop on Fed rate cut bets

Investing.com-- Most Asian currencies moved little on Friday after strong gains earlier this week, while the dollar headed for a sharp weekly fall as weak labor market data fueled more bets that the Federal Reserve will trim interest rates by mid-2024.

17.11 / 05:15

Citi Provident Williams economy BURST country Analysis-Cheap yuan catapults China to second-biggest trade funding currency

By Samuel Shen and Rae Wee

16.11 / 19:35

Waters Extreme Racing country innovations Department AP PHOTOS: Singapore gives the world a peek into our food future

Like much of the rest of the world, Singapore is racing to feed a growing population with limited natural resources. But with almost no land for agriculture this small, wealthy, fast-paced and densely-packed nation is doing so by embracing and encouraging new food technologies that may someday help feed us all.

16.11 / 19:35

Extreme Assurant Experts country Inside reports testing NOT Meat made from cells, not livestock, is here. But will it ever replace traditional meat?

More than 150 startups around the globe are chasing the same ambitious goal: meat conjured from animal cells that doesn’t require raising and killing animals

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