Culture
‘Lost their life savings’: Tokenize Xchange users sue founder and wife for over S$60 million in lost crypto assets
The firm owes its customers about S$266.3 million but has only S$2.6 million in realisable assets, interim judicial manager report reveals[SINGAPORE] More than 200 former customers of the now-defunct...
CME trading halted due to cooling issue at data centres
[SINGAPORE] Exchange operator CME Group said on Friday trading in derivative markets was halted due to a cooling issue at data centres.“Support is working to resolve the issue in...
Asian markets struggle to build on week’s rally
MARKETS fluctuated on Friday at the end of a strong week for equities fuelled by growing expectations that the Federal Reserve will cut interest rates again next month.Traders took...
OKP shares close 6.6% higher on proposed bonus share issue
[SINGAPORE] Shares of industrial and civil engineering company OKP jumped as much as 7.5 per cent in intraday trading on news of its proposed bonus issue of up to...
Singapore Flyer operator Straco Q3 profit down 8% at S$10.7 million
[SINGAPORE] Singapore Flyer operator Straco posted a net profit of S$10.7 million for its third quarter ended Sep 30, 8 per cent down from S$11.7 million in the year-ago...
Reeves’ UK budget calms markets and party but leaves Britons unhappy
[LONDON] Britons reacted overwhelmingly negatively to Chancellor of the Exchequer Rachel Reeves’ budget, suggesting little relief for the Labour government’s slumping popularity.Respondents to a YouGov survey conducted after Wednesday’s...
Stocks to watch: OCBC, Frasers Property, Straco, ASL Marine, mm2 Asia, Banyan Tree
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Nov 28): OCBC : Its mobile banking services were fully restored after a...
Britain tries to fix its frayed relations with world’s rich
TECH billionaires, the owners of Premier League football teams and heirs to some of Europe’s oldest fortunes all recently left the UK because of higher taxes. Now, Britain’s finance...
Europe’s Stoxx 600 ends steady after multiple-session rally; Puma, Allfunds jump on takeover buzz
EUROPEAN shares ended largely steady on Thursday after three consecutive sessions of gains, driven by rising hopes of a US interest rate cut next month, while Puma jumped on takeover...
China’s tech giants move AI model training overseas to access Nvidia chips: report
Alibaba and ByteDance are among the tech firms training their newest large language models in South-east Asian data centres[BEIJING] Top Chinese firms are training their artificial intelligence models abroad...
