MAS order prompts unlicensed crypto exchanges to plan exit 

MAS order prompts unlicensed crypto exchanges to plan exit 

[SINGAPORE] A final warning from the Monetary Authority of Singapore (MAS) has prompted major crypto exchanges operating in the country without a permit to plan for a hasty exit. Bitget and Bybit – top-10 exchange operators by volume with a presence in Singapore but no local licence – plan to reorganise their teams, according to…

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Tencent said to study deal for US$15 billion game developer Nexon

Tencent said to study deal for US billion game developer Nexon

[BEIJING] Tencent Holdings is studying a potential deal for Nexon, as the Chinese Internet giant looks for ways to bolster its lucrative gaming operations, people with knowledge of the matter said. Shenzhen-based Tencent has reached out to the family of Nexon’s late founder Kim Jung-ju to discuss the possibility of an acquisition, the people said,…

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Chiropractor accused of poisoning wife with lead amid bitter divorce now says he’s the real victim: report

Chiropractor accused of poisoning wife with lead amid bitter divorce now says he’s the real victim: report

An Alabama chiropractor accused of attempting to kill his wife by lacing her pills with lead is insisting that he was also a victim of being poisoned.  Brian Mann, 36, is facing attempted murder charges after authorities say he used lead from a construction project to lace his wife’s pills, according to court documents obtained by the Hartselle Enquirer. …

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SGX securities turnover rises 1% in May, volume down 18%

SGX securities turnover rises 1% in May, volume down 18%

[SINGAPORE] The total securities market turnover value on the Singapore Exchange (SGX) edged up 1 per cent year on year to S$26.9 billion, supported by institutional hedging activity and continued demand for safe-haven and dividend-yielding stocks. The securities daily average value rose 6 per cent on year to about S$1.3 billion. May’s total market turnover…

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Christian music star Michael Tait admits to ‘double life’ amid sexual assault, drug abuse allegations: ‘Sadly, largely true’

Christian music star Michael Tait admits to ‘double life’ amid sexual assault, drug abuse allegations: ‘Sadly, largely true’

Grammy award-winning Christian rock singer Michael Tait admitted the drug abuse and sexual assault accusations against him are “mostly true,” in his first public comments since the bombshell claims surfaced. Tait, the former frontman for Newsboys and DC Talk, said he was living a double life as he allegedly abused hardcore substances with younger men…

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Female athletes appeal landmark NCAA settlement, saying it violates federal antidiscrimination law

Female athletes appeal landmark NCAA settlement, saying it violates federal antidiscrimination law

Eight female athletes filed an appeal Wednesday of a landmark NCAA antitrust settlement, arguing that women would not receive their fair share of $2.7 billion in back pay for athletes who were barred from making money off their name, image and likeness. US District Judge Claudia Wilken approved the settlement last week, clearing the way for direct…

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China stocks soar on AI, US-China trade hopes. Who are the country’s ‘Terrific Ten’ firms?

China stocks soar on AI, US-China trade hopes. Who are the country’s ‘Terrific Ten’ firms?

[SINGAPORE] Chinese stocks have see-sawed since late last year, as investors reacted to factors ranging from government stimulus, artificial intelligence and Trump tariffs. The Asian giant’s companies had experienced a lengthy bear market in the last few years, with investors flocking to US markets. Last October, Hong Kong’s Hang Seng Index also plummeted sharply after…

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China stocks soar on AI, trade hopes. Who are the country’s ‘Terrific Ten’ firms?

China stocks soar on AI, US-China trade hopes. Who are the country’s ‘Terrific Ten’ firms?

[SINGAPORE] Chinese stocks have see-sawed since late last year, as investors reacted to factors ranging from government stimulus, artificial intelligence (AI) and US President Donald Trump’s trade tariffs. The Asian giant’s companies had experienced a lengthy bear market in the past few years, with investors flocking to US markets. Last October, Hong Kong’s Hang Seng…

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