Markets

DIGITAL asset company Sygnum - which has operations in Singapore and Switzerland - has secured an eight-figure US-dollar investment from the digital asset arm of Japan's SBI Group, SBI Digital Asset Holdings.

Antitrust regulators will likely lengthen their investigation into Lockheed Martin Corp's proposed purchase of rocket maker Aerojet Rocketdyne Holdings Inc, industry executives said, since the deal would give the No. 1 defense contractor ownership of a vital piece of the U.S. missile industry.

The petrol duty hike’s larger intent of nudging Singaporeans to make conscious lifestyle choices is in line with the country’s green goal of a more sustainable transport sector, says Dr Sanjay C Kuttan.

Amid Singapore’s challenging fiscal position, tweaks to some taxes may be needed but the bigger shift to tap on private monies may be the ultimate game-changer, if relevant safeguards are in place, says NUS’ Associate Professor Simon Poh.

Online broker Robinhood said on Wednesday it intends to give customers the ability to deposit and withdraw cryptocurrencies, including the meme-based dogecoin.

China's Baidu Inc reported quarterly revenue above Wall Street expectations on Wednesday, bolstered by a rise in advertising on its core search and video-streaming platforms in an economy that is recovering from the pandemic-induced slump.

THE Singapore government will be offering Covid-19 vaccines to essential bank staff in the financial sector over several phases.

REUTERS: The U.S. Securities and Exchange Commission is considering whether to require more transparency of short-selling, the Wall Street Journal reported on Wednesday, after last month's social media-driven rally in a handful of stocks like GameStop Corp. The regulator will also examine the ...

Athene Holding Ltd has expressed interest in buying a 19.9per cent stake in American International Group Inc's life and retirement business, Athene's chief executive, Jim Belardi, told Reuters on Wednesday.

Melvin Capital Management Chief Executive Gabriel Plotkin, Robinhood Markets CEO Vladimir Tenev and Keith Gill, a YouTube streamer known as Roaring Kitty, laid out their defense ahead of a grilling on Thursday by lawmakers over the Reddit-fueled rally in retailer GameStop Corp. (https://bit.ly ...