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  • Singapore Sees Record $1.1 Billion Lost to Scams in 2024 Amid Surge in Cases

    Singapore Sees Record $1.1 Billion Lost to Scams in 2024 Amid Surge in Cases0

    Cryptocurrency Fraud and E-Commerce Scams Among Key Drivers of Rising Financial Losses Singapore saw an unprecedented surge in scam-related losses in 2024, with victims losing a record-breaking $1.1 billion. This represents a staggering 70 per cent rise from the $651.8 million lost in 2023, according to police data released on 25 February. The number of

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  • Wall Street Bounces Back Following Last Week’s Decline

    Wall Street Bounces Back Following Last Week’s Decline0

    US markets open higher as major indexes recover, with Apple seeing gains after announcing a massive investment plan. Markets Rebound After Recent LossesWall Street saw a positive start to the week on Monday, 24 February, as key stock indexes climbed, recovering from the sharp downturn experienced last week. Investors showed renewed confidence, while Apple’s shares

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  • eFishery’s Collapse Leaves Investors Facing Major Losses

    eFishery’s Collapse Leaves Investors Facing Major Losses0

    Once a billion-dollar start-up, the Indonesian aquaculture firm is now struggling with financial misrepresentation, debt issues, and mass layoffs. Investors Facing Heavy LosseseFishery, once a rising star in Indonesia’s start-up ecosystem, has been revealed to be in a far worse financial state than previously thought. Investigators appointed by the company’s board estimate that investors may

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  • Economics to Steer ESG Investments Despite Political Setbacks, Says Ravi Menon

    Economics to Steer ESG Investments Despite Political Setbacks, Says Ravi Menon0

    While global politics impact climate action, long-term investment trends favour greener technologies. Economic factors will ultimately shape environmental, social, and governance (ESG) investment strategies in the medium term, despite political shifts causing temporary headwinds, according to Singapore’s ambassador for climate action, Ravi Menon. Speaking at a sustainability forum hosted by Temasek on Friday (Feb 21),

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