Bitcoin plunge deepens beyond 20%, shaking faith in crypto boom
NEW YORK (BLOOMBERG) – A steep selloff in Bitcoin is fueling concern that the cryptocurrency bubble may be about to burst. Bitcoin slid as much as 26 per cent over […]
SGX tightens auditing of listed companies, raises property valuation standards
SINGAPORE – Almost all companies listed on the Singapore Exchange (SGX) will need to appoint a local auditor approved by the Accounting and Corporate Regulatory Authority (ACRA) from next month. […]
Elon Musk tweeted ‘Use Signal’ and investors sent wrong stock soaring 6,350%
NEW YORK (BLOOMBERG) – A two-word app recommendation from Elon Musk has turned into a massive rally in the shares of a tiny medical device company in another case of […]
Twitter shares tumble on first trading day after Trump ban
NEW YORK (REUTERS) – Shares of Twitter tumbled over 6 per cent on Monday (Jan 11) after its move to permanently suspend US President Donald Trump’s widely-followed account spurred concern […]
Wall Street ends lower with Washington turmoil, earnings in view
NEW YORK (REUTERS) – Wall Street’s main indexes closed lower on Monday (Jan 11) as investors took some profits after last weeks’ records while they waited for earnings season to […]
Second landslip in 8 days at TPE slip road towards Loyang Avenue
SINGAPORE – A second landslip in eight days has occurred near the Tampines Expressway (TPE) slip road towards Loyang Avenue. The Land Transport Authority (LTA) announced on Sunday (Jan 10) […]
Joining the Singapore navy is ‘not crazy’: New RSN recruitment ad
SINGAPORE – “Join the navy? You must be crazy,” a father tells his daughter and flings her duffel bag – presumably packed for her first day of enlistment – into […]
Paramedics among 80 Home Team officers to receive Covid-19 vaccination
SINGAPORE – The start of the vaccination exercise for the Ministry of Home Affairs (MHA) will see 80 Home Team officers involved in front-line healthcare operations receiving their Pfizer-BioNTech Covid-19 […]
Dean of SMU law school among three new Senior Counsel appointed
SINGAPORE – Three individuals were appointed as Senior Counsel at the opening ceremony of the new legal year on Monday (Jan 11). They are: Professor Goh Yihan, dean of Singapore […]
Singaporeans encouraged to give e-hongbao this Chinese New Year as safer, environmentally friendlier option
SINGAPORE – With Chinese New Year around the corner, the “hongbao” – or red packets – traditionally exchanged during this period are on the minds of many Singaporeans. While hongbao are […]
Goldman, Morgan Stanley to delist some products in Hong Kong
HONG KONG (BLOOMBERG)- Goldman Sachs Group, Morgan Stanley and JPMorgan Chase & Co will delist some Hong Kong-listed structured products as a result of US sanctions, according to filings from […]
He created the Web. Now he’s out to remake the digital world.
(NYTIMES) Three decades ago, Tim Berners-Lee devised simple yet powerful standards for locating, linking and presenting multimedia documents online. He set them free into the world, unleashing the World Wide […]
Elon Musk debates how to give away world’s biggest fortune
(BLOOMBERG)- Elon Musk is not only the world’s richest person, he lays claim to the biggest net worth ever recorded: US$209.3 billion (S$277.4 billion) as of Friday. What he does […]
Singapore kept IPO flow steady last year despite pandemic-driven market volatility: PwC
SINGAPORE – In a year ravaged by a recession and wild swings in financial markets, the Singapore Exchange (SGX) managed to bring in as many new companies to list here […]
Nio aims to overtake Tesla in China with its first electric sedan
BEIJING • Chinese electric-car maker Nio is pitting itself further against market leader Tesla, unveiling its first sedan in direct competition with the United States company’s most popular model and […]
Morning Briefing: Top stories from The Straits Times on Jan 10
Good morning! Here are our top stories to kick-start your Sunday, Jan 10. Indonesian plane crashes into the sea with more than 60 on board The Boeing 737-500 jet was carrying 50 passengers, […]
Madrasah student scores high in IB despite juggling it with Islamic studies
SINGAPORE – As a student at the Madrasah Aljunied Al-Islamiah, Abdul Hakam Nor Razak had to take 10 subjects as part of the Islamic curriculum at the religious school. On […]
IB diploma and A levels: How the two routes differ
SINGAPORE – The International Baccalaureate Diploma Programme (IBDP) and the A levels are both two-year-long programmes that cater mainly to students between 16 and 18 years old. In Singapore, more […]
Why do S’pore students ace IB exams all the time?
SINGAPORE – Singapore students once again came out tops in the latest International Baccalaureate (IB) diploma results released last Monday, outshining their global peers. Of the 99 students worldwide who […]
4 property trends to watch in 2021
Singapore’s property market witnessed a roller-coaster ride over the past year. Home sales plunged to historical lows during the April and May circuit breaker period. But at the end of […]