SINGAPORE

Noble Group shares surge 37 percent on buyout talks

london - Emiratesvoice

Shares of crisis-hit commodities trader Noble Group soared by as much as 37 percent Monday after a report said that a Chinese conglomerate was interested in buying the company. The once-mighty firm is struggling to survive after making heavy losses, and has been selling off assets to try to stay afloat. Bloomberg News reported that China's Cedar Holdings had expressedRead more

Golf: Garcia stamps class in Singapore

SINGAPORE - Emiratesvoice

Masters champion Sergio Garcia sealed an emphatic victory at the Singapore Open on Sunday (Jan 21) and said he was "extremely happy" with a rousing start to his 2018 campaign. The Spaniard carded a three-under-par 68 for a commanding five-shot win as the weather cleared after two days of rain-disrupted play in his first tournament of the year. Garcia, 38,Read more

Storm interrupts Singapore Open 3rd round

Singapore - Emiratesvoice

US Masters champion Sergio Garcia had his game interrupted for the second day running at the Singapore Open as a lightning storm halted play at the Sentosa Golf Course on Saturday. The world number 10 had teed off on round three just after 2:30pm but was halted by rain. Play resumed about an hour later but was again called offRead more

Singapore bans 'inflammatory' Palestinian film

SINGAPORE - Emiratesvoice

Singapore has banned a film festival from screening a documentary later this week that features a teenage Palestinian female activist whose arrest last month has made her a symbol of resistance to Israeli military occupation in the West Bank.Justifying the ban, authorities in the Southeast Asian city state said the film “Radiance of Resistance” was “skewed” and potentially divisive forRead more

Firm Keppel Offshore to pay $422 mn

london - Emiratesvoice

Singapore's Keppel Offshore & Marine Ltd. (KOM) has agreed to pay $422 million in fines to the US, Brazil and Singapore to settle bribery cases involving Brazilian contracts, US officials said Friday. The investigation of bribes to Brazil government officials was conducted under a US law allowing authorities to punish American companies or companies active in the country that areRead more

Singapore hands life ban to banker in 1MDB-linked cases

Singapore - Emiratesvoice

Singapore on Tuesday banned a jailed banker from working in its financial services industry for life over his links to the international money-laundering scandal involving neighbouring Malaysia's state fund 1MDB. Financial regulator the Monetary Authority of Singapore (MAS) handed the punishment to Yeo Jiawei, noting he had been convicted of several 1MDB-linked charges, including money laundering, cheating and tampering with witnessesRead more

Singapore issues cryptocurrency warning

Singapore - Muslimchronicle

Singapore Tuesday issued a warning about cryptocurrencies after a recent surge in prices sent investors flocking to bitcoin. "The Monetary Authority of Singapore advises the public to act with extreme caution and understand the significant risks they take on if they choose to invest in cryptocurrencies," the city-state's central bank said in a statement. "MAS is concerned that members of theRead more

Singapore launches electric car

Singapore - Emirates Voice

Singapore on Tuesday launched an electric car-sharing service, the latest transport innovation aimed at encouraging people away from owning vehicles and keeping gridlock at bay in the space-starved city-state. BlueSG, a subsidiary of France's Bollore Group, rolled out the scheme with 80 cars and 32 charging stations -- which serve as drop-off and pick-up points -- and plans to expand itsRead more

Bitcoin charges through $14,000

Singapore - AFP

Bitcoin hit a fresh record of $14,000 Thursday as investors piled in, triggering a warning the cryptocurrency was "like a charging train with no brakes" which would inevitably slip back. It touched a new a high of $14,400 in Asian trade before slipping back to $13,900, according to Bloomberg News. The rally came just a day after the virtual currency,Read more

Bitcoin defies bubble fears and smashes $12,000, hits new record

Singapore - AFP

Bitcoin smashed through the $12,000 barrier for the first time Wednesday, extending the virtual currency's stratospheric rise to new records as it gears up to take its place on mainstream markets. The controversial cryptocurrency, which has been used to buy everything from a pizza to manicures, touched a new high of $12,590 in Asian trade before dipping back to $12,567,Read more