Lifestyle
Fifth money launderer gets longer jail term of 15 months
ZHANG Ruijin, one of the 10 individuals embroiled in Singapore’s largest money laundering case, has been sentenced to 15 months’ jail, the longest term handed in this case thus...
Ex-Binance chief set for sentencing in US court
US FEDERAL prosecutors are calling for ex-Binance chief Changpeng Zhao to be sent to prison when he appears on Tuesday for sentencing on money laundering charges.Zhao, a Canadian, resigned...
Barclays says it is winning Asia banking business from US firms
BARCLAYS said that it is gaining market share in Asia from some US rivals after it hired almost a dozen senior sales and trading staff in the past year...
Why China’s electric cars are piling up at European ports
CHINA’S automotive industry has undergone a revolution over the past decade, from producing basic Western clones to making cars that equal the world’s best. As the manufacturing powerhouse of...
Singapore shares open in the red on Tuesday; STI down 0.3%
SINGAPORE stocks fell at the opening bell on Tuesday (Apr 30) morning, despite overnight gains in global markets. As at 9.01 am, the Straits Times Index (STI) fell 8.54...
Boeing gets a welcome respite with US$10 billion bond offering
BOEING raised US$10 billion from a bond sale on Monday (Apr 29) that attracted about US$77 billion of orders and allowed the planemaker to ease some of its financial...
Hong Kong vies with US in Bitcoin ETF market after crypto’s revival
A BATCH of exchange-traded funds (ETFs) investing directly in crypto will debut in Hong Kong on Tuesday (Apr 30), heralding potential competition for US Bitcoin products whose popularity stoked...
Paramount replaces CEO with trio as it talks merger with Skydance
PARAMOUNT Global replaced CEO Bob Bakish with a trio of executives, the company announced on Monday in the middle of talks with David Ellison’s Skydance Media about a possible merger.The...
