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The Latest Breaking News from Singapore

Singapore convicts two linked to $6bn penny-stock crash

SINGAPORE: Singapore's high court has convicted two people over what authorities consider to be the largest market manipulation case in the city-state, a joint statement by the Singapore police and Monetary Authority of Singapore said on Thursday.

Bangkok Post

Singapore convicts two linked to $6 billion penny-stock crash

Singapore's high court has convicted two people over what authorities consider to be the largest market manipulation case in the city-state, a joint statement by the Singapore police and Monetary Authority of Singapore said on Thursday.

Reuters

Nio Announces Secondary Listing In Singapore Amid Fears Of US Expulsion

U.S. listed Chinese electric vehicle maker Nio Inc (NYSE: NIO) on Thursday announced plans for a secondary listing of its Class A shares in Singapore.

Benzinga

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Clouds gather in Singapore over Cannon-Brookes, Twiggy-backed $30b Sun Cable project

It's billed as a poster child for Australian renewable energy exports, but Sun Cable's plan to build the world's biggest solar farm draws scepticism in its target market, Singapore.

ABC News

ThaiBev shares jump after it renews plan for IPO of regional beer assets

Thai Beverage Plc’s shares jumped on Thursday after the company confirmed it would look to sell a 20% stake in its regional beer business through a Singapore listing, more than a year after it postponed the plan for a second time due to pandemic-led uncertainty.

Bangkok Post

India's Biggest IPO Enjoys Analyst Confidence Thanks To Attractive Valuation, Retail Investor Discount

India's largest IPO has started taking orders from individuals and other categories after attracting anchor investors, Bloomberg reports. Retail investors can place their orders for shares of India's state-controlled Life Insurance Corporation until May 9. Also Read: India's Largest IPO Raises $736M Ahead of Listing, Attracts Foreign Investment Retail investors will be allocated 35%…

Benzinga

Bitcoin, Ethereum Accepted Here: Singapore Restaurant Draws Attention With Peculiar Sign At The Door

Cryptocurrencies continue to find backers in small businesses around the world. In a recent move, what gained limelight is a signboard at the door of Singapore’s 80-seat restaurant and bar — Maison Ikkoku — which advertises that it accepts payments in Bitcoin (CRYPTO: B

Benzinga

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Death penalty in Singapore: demonstrations organized as 'sense of injustice' grows

In Singapore, the fate of two Malaysian men on death row has sparked local mobilisation and attracted international attention. On April 25th, Nagaenthran Dharmalingam was hanged. With an IQ of 69, which is recognized as a disability, his execution could amount to a breach of international law. The next day,…

France 24

Crypto.com Restarts Card Rewards After Community Backlash And Cronos (CRO) Crash

Crypto.com has opted to reverse its decision to slash card staking entirely after backlash from the cryptocurrency community. What Happened: On Monday, Singapore-based cryptocurrency exchange Crypto.com said it would reduce the rewards on its visa-based cards.

Benzinga

Editorial: The perverse logic of capital punishment

Singapore’s execution last Wednesday of a mentally disabled Malaysian man for drug smuggling sparked international protests and outrage. Executing a man who no longer threatens his government or community — especially one with a child’s mental capacity — isn’t justice. It’s murder, even if sanctioned and disguised by an irrational…

Tribune News Service

India's Largest IPO Raises $736M Ahead of Listing, Attracts Foreign Investment

India’s largest-ever public offering has attracted anchor investors, including Norway’s sovereign wealth fund and the Singaporean government, raising ₹56.3 billion ($736 million) ahead of its initial public offering, Bloomberg reports. The 123 anchor investors joining Life Insurance Corp of India’s IPO committed to purchasing shares at ₹949 per share, the top end of…

Benzinga

Employees told they can work from home for good but only if they take a 20% pay cut

A law firm with more than 1,000 employees has said staff in Paris, Greece, Hong Kong, Singapore and South Korea will be able to opt in for permanent remote working - but it comes at a price

Daily Mirror

Tears and chocolate as New Zealand opens its borders to 60 more countries

New Zealand welcomed thousands of travellers from around the globe on Monday as the country opened its borders to visitors from around 60 nations including the United States, Britain and Singapore for the first time since COVID-19 hit in early 2020.

Reuters

‘Acute’ hepatitis confirmed in 10-month-old baby in Singapore amid worldwide outbreak of disease

World Health Organisation (WHO) says 17 children needed liver transplants as result of recent cases

The Independent UK

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The Hindu

‘Executed Indian-origin Malaysian accorded full due process under law’

Dharmalingam (34), was executed on April 27, 2022, after a last appeal by his mother was dismissed by the Singapore court.

Bangkok Post

Southeast Asia travel is catching up at last as Covid curbs ease

Southeast Asia is finally, tentatively throwing off the shackles of Covid-19 and reopening for travel, with airlines filling an increasing number of seats as holiday-starved masses arrange overseas vacations for the first time in two years.

The Hindu

A step that would trigger language phonocide

Imposing Hindi would be catastrophic; instead, India would be better off having a multi-linguistic accommodative policy

Reuters

Cut off from home, Chinese diaspora frustrated at zero-COVID policy

Beijing's zero-COVID strategy has had dire consequences for the millions Chinese living abroad, most of whom have been unable to see family and friends at home for two years even as the rest of the world eases travel restrictions.

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Liverpool Echo

Liverpool and Manchester United give FSG and Jurgen Klopp double summer boost

Liverpool will visit Thailand and Singapore during pre-season this summer

Bangkok Post

Singapore faces flight issues on labour shortages

Singapore’s Changi Airport will reschedule some flights in the upcoming days and has yet to approve some additional flight applications for next week as it faces a labour shortage, according to a news report on Friday.

The Independent UK

Another Malaysian to be hanged in Singapore wins reprieve

A second Malaysian man due to be hanged in Singapore this week for drug trafficking has won a last-minute reprieve from the top court

Bangkok Post

Alibaba looks to expand SE Asian arm Lazada to Europe: sources

SINGAPORE/SHANGHAI: Alibaba Group plans to expand its Southeast Asian arm, Lazada, to Europe, two sources familiar with the matter told Reuters, as the Chinese e-commerce company seeks further overseas growth amid slowing opportunities at home.

Reuters

Facing international criticism, Singapore defends Malaysian's execution

Singapore authorities late on Wednesday defended a decision to execute a Malaysian drug trafficker, in response to international criticism over their use of the death penalty.

The Times of India

Malvika goes down to the wind and Singapore's world no. 16

NAGPUR: Malvika Bansod was close to scripting one of her biggest career wins, but as luck would have it the wind was against her, and the 20-year-old went down fighting in the first round of Badminton Asia Championship in Manila on Wednesday.

Bangkok Post

Singapore defends drug crime execution amid outcry over man’s IQ

Singapore’s government has defended a decision to execute a Malaysian man convicted for drug trafficking after the penalty attracted international criticism due to concerns about his mental capacity.

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