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Category Singapore

Morning brief: Target cuts 1.8K jobs; IMF’s Asia warning; Musk’s $1T pay demand

Morning brief: Target cuts 1.8K jobs; IMF’s Asia warning; Musk’s $1T pay demand

A day of significant global developments is underway, as the US retail giant Target announces a major corporate restructuring, the International Mo...
WazirX to relaunch after crippling $230M hack

WazirX to relaunch after crippling $230M hack

WazirX, once India’s largest cryptocurrency exchange by trading volume, is set to restart operations on 24 October 2025, a year after a crippling $...
Singapore launches BLOOM to boost cross-border payments

Singapore launches BLOOM to boost cross-border payments

Singapore is accelerating its digital finance ambitions through a new initiative called BLOOM — short for Borderless, Liquid, Open, Online, Multi-c...
How GIC’s lawsuit reframes scrutiny over Nio’s revenue model

How GIC’s lawsuit reframes scrutiny over Nio’s revenue model

Singapore’s sovereign wealth fund, GIC, has taken legal action against Chinese electric vehicle maker Nio Inc., accusing it of inflating revenues t...
How global trade is changing as nations move away from the US

How global trade is changing as nations move away from the US

The world economy is entering a new phase of diversification. Countries that once depended heavily on US markets are now forming fresh alliances, r...