The crypto currency lending and borrowing platform Hodlnaut, which is based in Singapore, has ceased withdrawals, swaps, and deposits, the firm announced on Monday (August 8). This is the latest indicator of stress in the cryptocurrency market. The cryptocurrency lending company also said that it would withdraw its application for a license from the Monetary Authority of Singapore (MAS) to …

According to CNBC Indonesia, a top cabinet official said that the American automobile manufacturer Tesla has inked contracts with nickel processing companies in Indonesia to purchase components for their batteries. These contracts are valued approximately $5 billion USD. The nation with the most significant economy in Southeast Asia has been making efforts to get Tesla to establish a production plant …

Two sources with knowledge of the matter have stated that Malaysia’s second-richest man, Quek Leng Chan, is weighing options for his stake in Hong Leong Bank, including a merger. This is a move that could trigger wider consolidation in the sector and make Quek Leng Chan the second-richest man in Malaysia. According to the sources, Quek, who is 80 years …

Since winning her first U.S. Open title in 1999, Serena Williams has been regarded as the face of tennis. On Tuesday, she revealed in an article published online that she plans to retire from the sport after competing again in the tournament, which starts later this month. It’s been a long time since Williams, a strong cultural figure who transcended …

In the meantime, another 292 movies featuring SWO Leong’s rough voice have since been uploaded to the platform. These videos range from parody – anyone for five sets of “daprata”? – to people discussing their own exercise routines. How did he react when he found out that his post had gone viral? The Chief Master Trainer for the Singapore Armed …

The Commission on Audit (COA) has called attention to the fact that the Department of Education (DepEd) purchased “expensive” and “outdated” computers for teachers to the tune of P2.4 billion. As a result, the DepEd is currently under investigation. The Department of Education purchased about 39,600 laptops, each with an Intel Celeron CPU, which costs P58,300. These processors are among …

Air travel is experiencing a renaissance at the moment. Passenger flow at Changi Airport in Singapore is currently around 50 percent of what it was before the pandemic, whereas airports in Europe have already surpassed the 80 percent mark. However, the airline industry is having trouble keeping up with rising demand, which can be seen at major airports across the …

Since Russia’s invasion of Ukraine, it has been five months since the conflict began. Sanctions were placed on Russia when the world community voiced its disapproval of its aggressive behavior. The initial few weeks of the war were marked by an atmosphere of anarchy and confusion. After the West pulled Russia out of the global payments system SWIFT and froze …

The annual rate of inflation in Indonesia maintained its ascent in July, reaching 4.94 percent year-on-year for the month. Since October 2015, this month’s result marks the country’s highest inflation rate ever recorded. During that time, it stood at 6.25 percent. According to Mr. Margo Yuwono, chief of the Indonesian statistics office, this occurs at a time when food and …

Late on Sunday evening (August 7), Israel and the Palestinian Islamic Jihad militant organization agreed a ceasefire, increasing expectations of an end to the most significant flare-up on the Gaza border in more than a year. Throughout the course of the weekend, Israeli troops bombarded Palestinian sites, which resulted in rocket assaults against its cities. These attacks had largely subsided …