Business
Trading platform ProsperUs stops accepting new accounts, will shutter on Nov 30
Users have until Oct 31 to close all open positions and mutual fund units, with any such remainders closed or sold by parent company CGS…
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Trading
Business
PNC taps Coinbase to create crypto trading offering for bank customers
The banking industry has fiercely resisted accusations that it denies services based on ideological reasons Bank is working with…
Business
Dasin Retail Trust suspends trading amid financial reporting challenges
Trading in the units of Dasin Retail Trust has been suspended on the Singapore Exchange. This comes as the business trust is unable to…
Business
Citigroup profit beats estimates on trading, deals windfall
Citigroup’s quarterly profit beat Wall Street estimates on Tuesday (Jul 15), as its traders brought in a windfall from turbulent markets…
Business
Standard Chartered launches Bitcoin, Ether spot trading for institutional clients
The lender is the first global systemically important bank to offer such crypto services Standard Chartered will allow institutional…
Business
Jane Street deposits US$567 million so it can resume India trading
The company has told its staff it plans to contest Sebi’s allegations and that the practices in question were “basic index arbitrage…
Business
Florida AG probes Robinhood Crypto over claims of low-cost trading
IDA Attorney General James Uthmeier on Thursday launched an investigation into Robinhood Crypto, alleging that the platform may have…
Business
US bank profits to climb on stronger trading, investment banking
Major US banks are expected to report stronger profits next week, driven by buoyant trading and a modest rebound in investment banking.…
Business
Great Eastern set to resume trading after delisting vote fails
Great Eastern Holdings is set to resume trading after a vote for a delisting resolution fell through at its extraordinary general meeting…
Business
LHN proposes delisting from Hong Kong due to low trading volume, costs
Real estate player LHN has proposed a voluntary delisting from the mainboard of the Stock Exchange of Hong Kong (HKEX) due to concerns…
Business
Info-Tech Systems closes 4.6% above IPO price on first day of trading
Software services provider Info-Tech Systems ended its first trading day at S$0.91 on Friday (Jul 4), 4.6 per cent above its initial…
Business
Singapore stocks rise on Thursday amid mixed regional trading, STI up 0.3%
Local stocks ended higher on Thursday (Jun 26), amid mixed trading in the region. The benchmark Straits Times Index (STI) rose 0.3 per…
Business
Singapore stocks fall amid mixed regional trading following US strikes on Iran
Local stocks ended lower on Monday (Jun 23) amid a mixed trading session in the region, after the US launched strikes on three of Iran’s…
Business
US dollar gains in early trading as world awaits Iran’s response
The US dollar strengthened in early trading as investors sought havens in a move to shield against mounting geopolitical risks following…
Business
Indonesia bourse mulls extending trading window by one hour
The Indonesian stock market currently operates in a seven-hour window of 9.00 am to 4.00 pm Indonesia’s stock exchange will consider…
Business
MAS, SPF to block website access to unlicensed trading platforms Octa and XM from Jun 20
The websites of unlicensed trading platforms Octa and XM will be blocked for Singapore residents with effect from Jun 20, said the…
Business
Trafigura flags trading headwinds as payouts outstrip profit
TRAFIGURA Group warned that market volatility may not translate to opportunities for its traders, as the commodity giant reported…
Business
Phillip Securities initiates coverage on dividend-focused Reit ETF trading at ‘attractive’ valuation
Phillip Securities Research has initiated coverage on the Phillip SGX APAC Dividend Leaders REIT ETF (Pareits) with an “accumulate” call…
Business
Hong Kong, Saudi bourses seek deeper ties to spur trading volume
Hong Kong and Saudi Arabia are ramping up efforts to boost trading activity as inflows to their exchange-traded funds (ETFs) wane and…
Business
Hong Kong bourse plans to start zero-day options trading in 2026
Hong Kong’s stock exchange is seeking to launch options that expire within a day as early as the first half of 2026, bringing to the Asian…
Business
Sinarmas Land loses free float; trading to be suspended
The offer by Lyon Investments receives valid acceptances to acquire 92.3% of shares Shares of Sinarmas Land that are held by the public no…
Business
Court hears of nickel trading accused’s lavish purchases, including million-dollar diamond ring
Alleged nickel fraudster Ng Yu Zhi had “five families” – his wife, ex-wife and three girlfriends – one of his former employees told the…
Business
Buying the dip, nervous selling drive trading volumes up in Singapore amid tariff volatility
Brokerages recorded a surge in trading activity amid heightened market volatility after US President Donald Trump announced sweeping…
Business
Binance founder Zhao to help Pakistan boost crypto trading bid
Crypto trading is steadily gaining traction among Pakistan’s 230-million population despite its central bank’s warning over the risks…