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Singdao Times

Singdao Times

Latest Singapore News, Events and Headlines
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Keppel Infrastructure Trust to take 50% stake in owner of Marina East desalination plant

elean 1 July
2 minutes

SINGAPORE (THE BUSINESS TIMES) – Keppel Infrastructure Trust (KIT) has entered into a non-binding term sheet to purchase from its sponsor a 50 per cent stake in Marina East Water […]

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More AXA Singapore employees depart while others wait for clear manpower plan

elean 1 July
1 minute

SINGAPORE – Three senior officers left AXA Singapore in June following the firm’s exit from the motor and general insurance business. Chief digital and transformation officer Tomasz Kurczyk, who joined […]

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South Korea June exports log slowest growth in 19 months amid soaring inflation

elean 1 July
2 minutes

SEOUL (REUTERS) – South Korea’s June exports grew at their slowest pace in 19 months as soaring inflation constrains global demand for Korean goods, widening the trade gap and fuelling […]

ACN Newswire
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The Bazaars Project launches peer-to-peer marketplace app to Exchange goods, vehicles or property for crypto

indie 1 July
3 minutes

British Virgin Islands, Jun 30, 2022 – (ACN Newswire via SEAPRWire.com) – The Bazaars Project has launched its peer-to-peer marketplace app in the Apple App and Google Play stores. The […]

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Grayscale sues US regulator after its Bitcoin ETF is rejected

elean 1 July
2 minutes

NEW YORK (AFP) – Grayscale, which said it managed the world’s largest Bitcoin fund, said it would sue the US Securities and Exchange Commission (SEC) after the regulator turned down […]

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US income and spending lag behind inflation, a sign of economic fragility

elean 1 July
2 minutes

NEW YORK (NYTIMES) – Americans’ income and spending failed to keep pace with rising prices in May, the latest sign that the fastest inflation in a generation is chipping away […]

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After US stock market’s worst start in 50 years, some see more pain ahead

elean 1 July
4 minutes

NEW YORK (NYTIMES) – Wall Street set records in the first half of the year, none of them good. The US economy is on the cusp of a recession, battered […]

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Tesla’s EV market share seen plunging to 11% by 2025 from over 70% now

elean 1 July
2 minutes

NEW YORK (BLOOMBERG) – Tesla is likely to lose its position as the dominant electric-vehicle (EV) maker in the US to GM or Ford by 2025 as competitors release a […]

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Bitcoin falls below US$19,000, further shaking crypto markets

elean 1 July
1 minute

BENGALURU (REUTERS) – Bitcoin dropped 6.1 per cent to US$18,866.77 at 4am on Friday (July 1) Singapore time, putting the biggest and best-known cryptocurrency down US$1,226.41 from its previous close […]

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Blockchain.com cooperating with investigations into Three Arrows

elean 1 July
2 minutes

NEW YORK (BLOOMBERG) – Blockchain.com, a creditor of Three Arrows Capital, said it was cooperating with ongoing investigations into the troubled crypto hedge fund. Blockchain.com and Deribit, a crypto derivatives […]

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US stocks fall as S&P 500 concludes worst first half since 1970

elean 1 July
2 minutes

NEW YORK (AFP) – Wall Street stocks fell on Thursday (June 30), a fitting end to a bruising first half of 2022, finishing solidly lower after US data showed persistently […]

JCN Newswire
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MC and Maruha Nichiro Agree to Establish New Joint Venture in Salmon (land-based)

ruth 30 June
3 minutes

TOKYO, Jun 30, 2022 – (JCN Newswire via SEAPRWire.com) – Mitsubishi Corporation (MC) and Maruha Nichiro Corporation (Maruha Nichiro) are pleased to announce our agreement to establish a new joint […]

JCN Newswire
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DOCOMO and CyberAgent to Establish New Advertising Company: Prism Partner Inc.

ruth 30 June
4 minutes

TOKYO, Jun 30, 2022 – (JCN Newswire via SEAPRWire.com) – NTT DOCOMO, INC. and CyberAgent, Inc. have announced that they have agreed to establish a new company, Prism Partner Inc., […]

ACN Newswire
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IBI Group公布二零二二财年全年业绩 面对市场挑战展现强韧抗逆力

tallulah 30 June
1 minute

HONG KONG, Jun 30, 2022 – (亚太商讯 via SEAPRWire.com) – IBI Group Holdings Limited (「IBI」或「公司」,及其附属公司统称为「集团」;股份...

ACN Newswire
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IBI Group Announces FY2022 Annual Results, Steadfast Resilience Albeit Market Challenges

indie 30 June
5 minutes

HONG KONG, Jun 30, 2022 – (ACN Newswire via SEAPRWire.com) – IBI Group Holdings Limited (“IBI” or the “Company”, together with its subsidiaries as the “Group”; Stock Code: 1547), a […]

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More industrial space available in government land sales for second half of 2022

elean 30 June
2 minutes

SINGAPORE (THE BUSINESS TIMES) – The Government has increased its supply of industrial space via its land sales programme for the second half of 2022. There are four sites on […]

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JPMorgan says crypto’s deleveraging cycle won’t last much longer

elean 30 June
2 minutes

SINGAPORE (BLOOMBERG) – The current phase of deleveraging in cryptocurrencies is at an advanced state and may not last much longer, according to JPMorgan Chase & Co. Multiple crypto company […]

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New Zealand to enter recession in 2023 as confidence slumps: BNZ

elean 30 June
2 minutes

WELLINGTON (BLOOMBERG) – New Zealand will enter a recession next year that could be deeper than expected, Bank of New Zealand (BNZ) economists said after a survey showed business sentiment […]

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Singapore home loan rates hit new high of 3.08% with latest move by UOB

elean 30 June
4 minutes

SINGAPORE – Home loan rates in Singapore have gone past 3 per cent to a new high with the latest move by UOB, Singapore’s third-largest lender. The previous high was […]

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China AI giant SenseTime shares dive as much as 51% as lockup expires

elean 30 June
2 minutes

HONG KONG (BLOOMBERG) – Chinese artificial intelligence software maker SenseTime Group slumped as much as 51 per cent in Hong Kong on Thursday (June 30), after a lockup of its shares […]

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