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Bank of England lowers rates after tight vote but signals caution about further cuts
Five MPC members vote to lower the benchmark rate for the fourth time in 2025 to 3.75%[LONDON] The Bank of England (BOE) cut interest rates on Thursday (Dec 18)...
Singapore: 26-Year-Old Man Fined Over Social Media Vape Posts, Possession of E-Vaporisers
A 26-year-old man has been fined a total of S$14,000 for promoting e-vaporisers on social media and possessing the banned products, marking the first prosecution of its kind in...
Singapore: 4, Including 3 Foreign Nationals, Arrested in Jurong West for Overstaying-Related Offences; ICA Investigations Ongoing
Four people were arrested in Jurong West on Tuesday, December 16, following an enforcement operation targeting immigration offences, the authorities said.In a Facebook post on Thursday, December 18, the...
Singapore: Heavy Traffic Expected at Woodlands, Tuas Checkpoints Amid Festive Holiday Travel
Travellers heading to Malaysia during the December holiday period should be prepared for longer waiting times at Singapore's land checkpoints, as authorities continue stepped-up enforcement checks.In a statement on...
Singapore: 3 People Charged over Alleged Fraudulent Trading Practices, Money Laundering
Three senior executives from online trading platform Samtrade FX have been charged in court over alleged fraudulent trading practices and money laundering offences.The men, Goh Nai De, Goh Li...
India insurance move opens pension firms to 100% foreign holding
The move comes amid a surge in foreign investment in Indian banks and deeper reliance on Indian tech hubs[NEW DELHI] India’s move to lift investment caps on the insurance...
StanChart, Ant International launch blockchain-based tokenised deposits in Singdollar, greenback
The new solution demonstrates how businesses can use blockchain technology to make transactions faster, more secure and more efficient[SINGAPORE] Standard Chartered (StanChart) on Thursday (Dec 18) announced the launch...
Gold steady ahead of key US inflation data; silver near record highs
GOLD prices were steady on Thursday, supported by dovish Federal Reserve signals but restrained by a resilient dollar ahead of key US inflation data this week, while silver hovered...
Apac real assets show strength in 2025; NTT DC Reit anchors conviction of investors in data centres: report
This comes despite ongoing geopolitical and trade uncertainty weighing on business sentiment, says Aprea[SINGAPORE] Real assets were ranked as one of global markets’ strongest performers in 2025 – where...
PDD, owner of Temu, fires dozens of workers after fistfight with China officials
PDD Holdings fired a government relations team in Shanghai following a fistfight between employees and Chinese regulators who were performing checks at the e-commerce company, according to people familiar...
Stoneweg Europe Stapled Trust refinances, extends 85 million euro facility agreement
[SINGAPORE] The managers of Stoneweg Europe Stapled Trust (Sert) on Thursday (Dec 18) announced that it has refinanced and extended an 85 million euro (S$128.9 million) unsecured facility. As...