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Licensed digital token service providers to mainly serve Singapore-based customers: MAS
[ad_1] The bar for licensing is high and it will generally not issue one, the regulator notes[SINGAPORE] Digital token service providers (DTSP) will not be able to serve only overseas...
Digital token service providers need licence to solely serve overseas customers: MAS
[ad_1] [SINGAPORE] Digital token service providers (DTSP) will need a licence to serve overseas customers only, said the Monetary Authority of Singapore (MAS) on Friday (Jun 6).The regulator has clarified...
Japan curry shops see record bankruptcies as rice prices soar
[ad_1] Thirteen curry shops with more than 10 million yen (S$89,345) in debt filed for bankruptcy in the year ending in MarchPublished Fri, Jun 6, 2025 · 03:27 PM[TOKYO] A...
Container shipping rates soar, impact on shippers outside China felt
[ad_1] [SINGAPORE] Sea cargo rates have surged, with those for the voyage from Shanghai to the US particularly steep, fuelled by pent-up demand and front-loading as shippers rush to beat...
Gold could test US$4,000 an ounce amid fiscal fears, escalating trade tensions: market watchers
[ad_1] [SINGAPORE] While gold has cemented itself above US$3,000 an ounce in 2025 amid trade uncertainty and US fiscal fears, a bullish forecast could see US$4,000 an ounce within a...
Cordlife collection rates have not recovered to pre-incident levels, but resumption of Singapore operations are ‘encouraging’
[ad_1] [SINGAPORE] Cordlife said that the full resumption of its Singapore operations is an “encouraging step” in restoring client confidence and regaining operational momentum, even though collection rates remain below...
Asia: Markets wobble as Trump-Xi talks offset by Musk row
[ad_1] [HONG KONG] Asian markets stuttered on Friday as optimism from “very positive” talks between presidents Donald Trump and Xi Jinping was wiped out by the stunning public row between...
Gold rises as weak US data offsets optimism from Trump-Xi call
[ad_1] GOLD rose on Friday and was set for weekly gains, as a spate of weak US economic data outweighed optimism from President Donald Trump’s call with his Chinese counterpart Xi...
US Treasury says Bank of Japan should continue to tighten policy
[ad_1] [TOKYO] The Bank of Japan should continue to proceed with monetary tightening, which would support a “normalisation of the yen’s weakness” and rebalancing of bilateral trade, the US Treasury...
Broadcom gives tepid forecast, missing loftiest expectations
[ad_1] BROADCOM, a chip supplier to companies like Alphabet and Apple, gave a lackluster revenue forecast for the current quarter, suggesting that the AI spending frenzy isn’t as strong as...
Trafigura flags trading headwinds as payouts outstrip profit
[ad_1] TRAFIGURA Group warned that market volatility may not translate to opportunities for its traders, as the commodity giant reported first-half results that showed its dividend payments exceeded net profit. US...
Nasdaq CEO says IPO demand boosted despite tariff worries, banks on Texas boom
[ad_1] [NEW YORK] Exchange operator Nasdaq is holding active talks with companies considering stock market debuts, CEO Adena Friedman said on Thursday, underscoring the US economy’s resilience despite tariff uncertainty...