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SINGAPORE: A professional engineer who earned more than S$660,000 over two years but lost even more at the casino has been ordered to repay S$578,000 to a former lover after a High Court dispute over an S$800,000 loan. In a judgment delivered on 5 January 2026, Senior Judge Chan Seng Onn rejected Chan Tuck Cheong’s…
SINGAPORE: A woman who spent years challenging a SkillsFuture funding ban has had her High Court application dismissed after the government agency withdrew the restriction, leaving the court with nothing legally effective to overturn. In a judgment issued on 16 October 2026, Justice of the Court of Appeal Hoo Sheau Peng ruled that Lim Siew…
SINGAPORE: A former Credit Suisse vice-president forged at least 112 bank instruction letters over seven years, making unauthorised transactions involving more than S$14 million. Yet her 13-year prison sentence was reduced to 10 years and seven months following a High Court appeal. Why did a woman responsible for such extensive financial wrongdoing receive a shorter…
Singapore is significantly expanding support for families, with parents set to receive more childcare leave, sustained financial assistance until their children turn 17, cheaper preschool fees and better chances when applying for public housing. The measures, announced by Prime Minister Lawrence Wong at the National Day Rally 2026, represent a broader shift in Singapore’s marriage…
How much should someone in Singapore be earning in their 20s, 30s or 40s? There is no single answer. Two people of the same age can have vastly different salaries depending on their occupations, qualifications, experience and industries. Still, official figures from the Ministry of Manpower (MOM) provide a useful benchmark for Singapore residents who…
Cathie Wood, head of Ark Investment Management, is known for buying stocks when they dip and selling after strong runs—and she just unloaded about $40 million of one of Ark’s top holdings as investors grow increasingly jittery about a possible tech bubble. Wood made a name for herself after the Ark Innovation ETF delivered a…
SGX Set for Strong Growth as Market Reforms and IPO Boom Take Hold The Singapore Exchange Group (SGX) is riding high after the bellwether Straits Times Index (STI) climbed 2.2% month-on-month in November, pushing year-to-date calendar gains to 19% and total returns to a healthy 25%. Total traded value for securities jumped 17.8% year-on-year, while…
China’s EV Battery Giants Set Sail Into Shipbuilding to Cement Beijing’s Global Dominance China’s leading electric vehicle battery makers—Contemporary Amperex Technology (CATL) and Gotion High-tech—are throwing their weight behind the country’s push to build new-energy vessels, with their latest products now powering large ocean carriers as the decarbonisation drive kicks into high gear. Chinese-made pure…
Content warning: This article contains descriptions of murder and suicide. Reader discretion is advised. A father and son were found dead after their bodies were discovered in separate places at an apartment complex in Yongin, South Korea, on Dec 11. Authorities believe the case is a murder-suicide, with a Korean man in his 40s suspected…
The World Is Shifting—And a New “Magnificent Seven” Could Be Emerging The investment world is entering uncharted waters. After decades of riding the globalisation wave, a perfect storm of pandemic supply chain disruptions, geopolitical tensions, and the Russia-Ukraine war is forcing investors to completely rethink their playbook on growth, efficiency, and risk. But according to…