Singapore Financial News

15.10 / 16:53

UPS WhatsApp stage country 2020 India may sell 1 mt of rice to help key partner Indonesia

NEW DELHI : India may sign a memorandum of understanding (MoU) with its key diplomatic partner Indonesia to sell up to 1 million tonnes (mt) of white rice annually, two government officials said. India’s 20 July ban on non-basmati white rice exports comes even as Indonesia plans to safeguard food security against disruptions caused by the El Nino weather pattern and difficulties with supplies from Vietnam, the current major supplier. Although Indonesia is self-sufficient in rice production, it procures rice through MoUs when there is uncertainty in meeting its domestic demand.

15.10 / 11:35

UPS Citi BAY reports New Class of Global Elites Emerges with Investable Assets of More Than $100 Million

The number of individuals with investable assets greater than $100 million more than doubled in the past two decades.

15.10 / 10:05

Blockchain Digital Progressive Platform innovations information DFINITY Unveils $20 Million ICP Asia Alliance to Propel Web3 Adoption

On September 28, 2023, the DFINITY Foundation, a non-profit R&D entity and a significant player in the Internet Computer Protocol (ICP) blockchain sphere, launched the ICP Asia Alliance and initiated a $20 million grant fund to bolster blockchain and AI endeavors in Asia. The alliance, rooted in Zurich and Hong Kong, focuses on promoting Internet Computer blockchain uptake, nurturing collaborations, and catalyzing innovation within the booming Web3 and AI domain in Asia.

14.10 / 15:37

UPS Citi Provident WhatsApp reports Singapore’s DBS, Citi suffer service outage on data center issue

UPI transactions surged to 9.3 billion in June 2023, driven by P2M, says Worldline report “Preliminary investigations indicate that the service disruptions were caused by an issue at a common data centre that is used by the banks," the MAS said in a statement.

14.10 / 08:49

UPS Digital Cooper Progressive economy President Singapore hopes for substantial IPEF progress by APEC

WASHINGTON (Reuters) — Singapore's deputy prime minister said on Friday he hopes for substantial progress in the U.S.-led Indo-Pacific Economic Framework for Prosperity (IPEF) discussions in time for next month's Asia Pacific Economic Cooperation (APEC) summit.

13.10 / 06:45

Digital Platform Fallout President country 2020 reports G20 Parliamentary Speakers' Summit: Canada missing from the event; Trudeau-Nijjar fallout the reason?

Hardeep Singh Nijjar. India has asked Canada to withdraw the diplomats after Canadian PM Justin Trudeau alleged the involvement of Indian agents in the Nijjar killing. However, the claim has been vehemently rejected by India.

13.10 / 04:47

Reuters JPMorgan economy Chase MSCI show reports Marketmind: Rate jitters are back

A look at the day ahead in European and global markets from Ankur Banerjee

13.10 / 04:25

UPS Reuters economy show China's exports, imports slump narrows in September

(Reuters) — China's exports and imports shrank at a slower pace for a second month in September, customs data showed on Friday, adding to the recent signs of a gradual stabilisation in the world's second-biggest economy thanks to a raft of policy support measures.

13.10 / 03:37

Blockchain Digital UBS ANZ Bitcoin gossips How crypto is forcing banks, funds towards new digital asset markets

Earlier this month, Swiss investment bank UBS launched a “tokenised” investment fund under a pilot project being run by the Monetary Authority of Singapore.

13.10 / 03:27

COST UPS Target MSCI Nikkei show reports Asian shares drop sharply as US price data revives rate hike jitters

By Ankur Banerjee

13.10 / 02:13

FIVE Reuters economy band country Singapore keeps monetary policy unchanged, increases review frequency

By Xinghui Kok

12.10 / 19:54

UPS Racing President Former Formula One boss Bernie Ecclestone handed suspended sentence after pleading guilty to fraud

Former Formula One boss Bernie Ecclestone has been given a suspended prison sentence after he pleaded guilty to a fraud charge over his failure to declare millions of dollars held in a trust in Singapore

12.10 / 18:10

FIVE Chase track EQT Partners chases $500m debt to bankroll VetPartners acquisition

Swiss private equity firm EQT Partners’ dealmakers are redirecting their energies to the debt financing for VetPartners, now that they’ve fended off rival bidders with their winning $1.4 billion bid.

12.10 / 11:09

Lowe's economy CME show testing Low week Dollar sits at near two-week low; US inflation test looms

By Ankur Banerjee and Alun John

12.10 / 10:03

WhatsApp country Byju’s lenders move to put Singapore unit in receivership after default

to safeguard the charged assets" of Great Learning Education Pte. Ltd. and Byju’s Pte.

12.10 / 09:37

Target Manufacturing Platform WhatsApp Arrow performer private credit Singapore's RV Capital marks first close of India private credit fund

₹400 crore and a green-shoe option for a similar amount. “Performing credit" means lending to companies that are running their business on an ongoing basis, have a long track-record and are profitable at the Ebitda level. For the first close milestone, the asset manager has raised about ₹100 crore in commitments from a mix of domestic and offshore investors including high- and ultra-high-net-worth individuals, and family offices.

12.10 / 05:09

Lowe's Reuters Fighting Assurant outbreak information reports Oil down 3rd day as industry data suggests epic US crude build

Investing.com — Crude prices fell for a third day in a row as trading began in Asia Thursday, responding to a report by industry group API that the largest weekly crude stockpile build in eight months may have taken place in the United States last week.

11.10 / 22:53

UPS Provident Progressive Southern Chinese carmaker Geely and Malaysia's Proton consider EV plant in Thailand, Thai prime minister says

Thailand's prime minister says Malaysia’s national carmaker Proton and its Chinese partner Geely are considering setting up a plant in Thailand to produce electric vehicles

11.10 / 21:29

Reuters Digital Google Align IBM country reports Exclusive-Southeast Asia eyes hands-off AI rules, defying EU ambitions

By Fanny Potkin and Supantha Mukherjee

11.10 / 16:51

License digital asset exchange Malaysian Crypto Firm Hata Receives Green Light From Malaysian Regulators to Run 'Digital Asset Exchange' – Adoption on the Rise?

The Malaysian financial regulator – Securities Commission Malaysia (SC) – has granted in-principal approval to cryptocurrency exchange and digital broker Hata.

11.10 / 14:31

Provident Digital Platform Strategy performer innovations travelers network LD Sharma to Buy Optimise India and Rebrand to Shoogloo Network

LD Sharma and Optimise, LD Sharma through Shoogloo, has bought Optimise India 100% and rebranded to Shoogloo. As part of the changes, LD Sharma has exited the Optimise group, and Optimise has acquired 100% ownership of Optimise APAC.

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