Culture
Singapore stocks rise post Trump-Xi talks; STI up 0.4%
[ad_1] Across the broader market, gainers beat losers 266 to 205 as 849.5 million securities worth S$1.1 billion change hands.[SINGAPORE] The local bourse ended Friday (Jun 6) in a positive...
Digital token service providers to mainly serve Singapore-based customers: MAS
[ad_1] The bar for licensing is high and it will generally not issue one, the regulator notes[SINGAPORE] Digital token service providers (DTSP) will not be able to serve only overseas...
Digital token service providers need licence to solely serve overseas customers: MAS
[ad_1] [SINGAPORE] Digital token service providers (DTSP) will need a licence to serve overseas customers only, said the Monetary Authority of Singapore (MAS) on Friday (Jun 6).The regulator has clarified...
India focuses on growth with larger-than-expected 50 bps cut in key rate; slashes reserve ratio
[ad_1] [MUMBAI] The Reserve Bank of India (RBI) cut its key repo rate by a larger-than-expected 50 basis points on Friday, a third consecutive reduction, and slashed the reserve ratio...
Teo Chee Hean to succeed Lim Boon Heng as Temasek chairman in October
[ad_1] [SINGAPORE] Former senior minister Teo Chee Hean will become chairman of Temasek Holdings in October, taking over from Lim Boon Heng, Temasek said in a statement on Friday (Jun...
Cordlife collection rates still under pre-incident levels, but resumed Singapore operations are ‘encouraging’
[ad_1] [SINGAPORE] Cordlife said that the full resumption of its Singapore operations is an “encouraging step” in restoring client confidence and regaining operational momentum, even though collection rates have not...
Indonesia sovereign wealth fund interested in Grab-GoTo deal: Bloomberg
[ad_1] [SINGAPORE] Indonesia’s sovereign wealth fund Danantara is considering a stake in the Grab acquisition of GoTo for US$7 billion, reported Bloomberg.
The sovereign wealth fund is said to be in...
Keppel divests S$80 million of assets as part of multi-billion dollar monetisation programme
[ad_1] [SINGAPORE] Asset manager Keppel is divesting its stakes in a New-York based company and an integrated agricultural logistics park in China to unlock more than S$80 million from the...
Sats proposes 4.2 million euro sale of 49% stake in Servair joint venture to Swiss airline caterer Gategroup
[ad_1] The disposal is consistent with its capital recycling and reallocation strategy, the ground handler says[SINGAPORE] Ground handler Sats is proposing to divest 509,600 ordinary shares or around 49 per...
HSBC’s Mark Tucker moves to Hong Kong insurer AIA as chairman
[ad_1] Published Fri, Jun 6, 2025 · 09:17 AMMARK Tucker, HSBC’s former Asia chairman, has been appointed to the same role at Hong Kong-based insurance company AIA Group, the two...
