Singapore

In the wake of the recent U.S. tariffs announcement, Singapore’s leading political figures have voiced their apprehensions, warning of potential economic repercussions. What Happened: Prime Minister Lawrence Wong expressed concerns about the growing possibility of a global trade war, stating...

Battling a legal soup in the U.S., controversial cryptocurrency-based betting platform Polymarket was refused access in another key financial market, Singapore, locals said on Sunday. What happened: Alex Zuo, investments and custody vice president of cryptocurrency wallet provider Cobo, posted a...

Las Vegas Sands Corp (NYSE:LVS) receives praise from analysts for its strong position in Macau and the recovery of the region after missing third-quarter earnings per share and revenue estimates. The Las Vegas Sands Analysts: Morgan Stanley analyst Stephen Grambling maintained an Overweight...

Singapore's proximity to China, Japan, and India, paired with world-class trade infrastructure and a stable political and regulatory landscape, cements its status as a premier business hub in the region. With English as an official language, communication, and navigation are furthermore effortless—...

Singapore's largest bank DBS on Tuesday announced its launch of over-the-counter (OTC) cryptocurrency options trading and structured notes, becoming the first Asian-headquartered bank to offer financial products tied to Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) prices. What Happened: These...

Alibaba Group (NYSE:BABA) has launched an artificial intelligence-driven English version of its Taobao app in Singapore. What Happened: The app, which previously ranked in the top ten shopping apps, surged to the top of Apple Inc.‘s App Store charts in Singapore following the update. This...

ByteDance, the parent company of TikTok, has been hit by a mass food poisoning incident at its Singapore office. The outbreak has affected 60 employees, as confirmed by local authorities. What Happened: The Singapore Food Agency and Ministry of Health are investigating suspected gastroenteritis...

In a recent move, Singapore’s state investor, Temasek, has declared its intention to pump as much as $30 billion into the U.S. market over the next five years. What Happened: Temasek’s investment strategy will primarily target sectors such as healthcare, financial services, and...

Las Vegas Sands Corp. (NYSE:LVS) reported its second-quarter financial results Wednesday. Here's a look at the details from the report.  The Details: Las Vegas Sands reported quarterly earnings of 55 cents per share, which missed the analyst consensus estimate of 56 cents by 1.79%. Quarterly...

Malaysia and Singapore are intensifying their regulation of social media and online marketplaces to tackle the rise in online scams and protect minors. What Happened: Malaysia will require platforms like Meta Platforms Inc. (NASDAQ:META) owned Facebook, Elon Musk‘s X, and ByteDance-owned...

In the face of rising geopolitical tensions and regulatory challenges in the U.S., Chinese artificial intelligence (AI) startups are increasingly relocating to Singapore. This move is aimed at gaining better access to global investors and technologies. What Happened: Due to U.S. export controls, AI...

The shopping habits of Generation Z in the Asia-Pacific region are being significantly influenced by TikTok and social media influencers, a KPMG report has revealed. What Happened: The study, which surveyed 7,000 consumers across 14 markets, including China, Singapore, Indonesia, Vietnam, and the...

Singapore-based Temasek Holdings is reportedly on the verge of sealing a deal with Shell Plc. (NYSE:SHEL) for the sale of assets from its liquefied natural gas trading firm, Pavilion Energy. What Happened: The deal, which is expected to be finalized in the coming days, will provide Shell, the world...

Singapore Airlines (OTC:SINGY) has offered compensation to passengers of a flight that encountered extreme turbulence last month, resulting in one fatality and multiple injuries. What Happened: The airline, in a statement on Tuesday, announced that it has offered $10,000 in compensation to...

Amazon.com Inc. (NASDAQ:AMZN) has announced a $9 billion investment in expanding its cloud computing infrastructure in Singapore. This decision comes as part of a broader trend of global tech companies increasing their presence in Southeast Asia. What Happened: The $9 billion investment will be...