Evergrande boss leads $62.7 billion in lost wealth for China’s property tycoons
HONG KONG (BLOOMBERG) – China Evergrande Group founder Hui Ka Yan was smiling as he attended the celebration of the Communist Party’s 100-year anniversary in Beijing back in July. To […]
Wall Street pulls back, ending record streak
NEW YORK (AFP) – Major US stock indices dropped at the close of trading on Tuesday (Nov 9), ending a streak of record-setting sessions as traders digested the latest sign […]
296 people nabbed for alleged involvement in over 1,000 scams, victims lost over $6.4m
SINGAPORE – The police have arrested 296 people for suspected involvement in more than 1,000 scams, where victims lost over $6.4 million. The suspects, aged between 16 and 80, were […]
Scammers posing as tech support try to cheat 2 people of their life savings, police issue alert
SINGAPORE – Scammers impersonating tech support staff from local telecommunication companies or government agencies are on the prowl and the police have issued an alert to the public on Thursday […]
$168m lost to top 10 scam types in first half of 2021; overall crime up by 11.2%
SINGAPORE – Scam victims lost $168 million to conmen in the top 10 scam categories in the first six months of this year, a sharp spike from $63.5 million in […]
Police investigate 311 people in S’pore over alleged scams; victims lost more than $8.2 million
SINGAPORE – The police are investigating 219 males and 92 females, age between 16 and 84, for suspected involvement in 866 reported cases of scams where victims lost more than $8.2 million. […]
Wall Street turns jittery, Dow closes lower
NEW YORK (AFP) – Fears about the state of the US economic recovery turned Wall Street negative at the close on Tuesday (May 25), reversing gains made in early trading. […]
Nasdaq drops 3% on inflation fears, WTI oil loses 7.1%
NEW YORK (AFP) – Rising bond yields spurred by concerns over inflation hammered tech stocks and sent Wall Street closing lower on Thursday (March 18), while oil markets slid on […]
Two men in Singapore charged with cheating and forgery in Covid-19 funds ruses
SINGAPORE – Two men were charged in court on Friday (Jan 29) with forgery and cheating-related offences in their attempt to receive monies from the Covid-19 Support Grant (CSG) and […]
Nasdaq ends at records but Biden actions slam oil shares
NEW YORK (AFP) – The Nasdaq pushed to a fresh record on Thursday (Jan 21) on lingering optimism over the US presidential transition, but petroleum-linked shares were hammered by early […]
Asia shares fall as fresh Covid-19 outbreaks overshadow vaccine progress
NEW YORK (REUTERS) – Asian stocks followed Wall Street’s sharp selloff on Thursday (Nov 19) as concerns about rising coronavirus infections and new shutdowns in major US cities hosed down […]
14-year-old boys got lost in MacRitchie forest trying to find WWII Japanese shrine
SINGAPORE (THE NEW PAPER) – On a whim, two teenagers decided to look for the remnants of a World War II Japanese shrine and ended up lost for several hours […]
STI ends week higher, in line with Wall Street
Local shares ended the week on a high, in tandem with Wall Street stocks that rose on hopes of a stimulus package. Market watchers noted that the final US presidential […]
Regional markets mixed on uncertainties in US
Regional investors seemed stuck in limbo yesterday seeking signs of certainty regarding a stimulus package in the United States while also keeping a wary eye on the looming presidential election […]