Bloomberg

Covid-19

Singapore clubs can fully reopen this month as curbs ease

Singapore bars, pubs, karaoke establishments, discotheques and nightclubs will be allowed to fully reopen from April 19.

Company in the news

Meta's shares collapse after TikTok steals users from Facebook

Facebook’s user growth faltered in the latest quarter, the first stagnation in the social network’s history.

US stocks

Meme investors learn the hard way: The house always wins

“Welcome back to work, ‘Diamond Hands’.”

Singapore economy

Lunar New Year looks lucrative for Singapore restaurants

Food delivery platform Oddle says orders this Lunar New Year have doubled compared to last year’s amid the five-pax restrictions.

Cryptocurrency

Central banks face a moment of truth on crypto

"We are fast approaching a moment of truth for central banks’ ability to get a grip on their role in our crypto future."

Cryptocurrency

Crypto world hits US$3 tril market cap as Ether, Bitcoin gain

Bitcoin rose as much as 5.5% on Nov 8 to US$66,339, nearing its previous record of about US$67,000.

Capital markets

Top Netflix hit 'Squid Game' sends Korean media stocks surging

Bucket Studio, which holds a stake in the agency representing lead actor Lee Jung-Jae, has surged 90% through Sept 27.

Private equity

Singapore’s GLP seeks US$2.5 bil for China logistics fund

GLP was taken private in 2017 after a seven-year listing on Singapore’s stock exchange.

SPACs

Malaysia to review SPACs rules to profit from blockbuster deals

Malaysia launched its first SPAC in 2011 with Hibiscus Petroleum's listing. Asian SPACs have raised US$4.33 billion this year.

Cryptocurrency

Bitcoin retreats to August low amid bout of global market angst

Bitcoin is up more than 40% in 2021.
×