Bloomberg

Cryptocurrency

Bitcoin retreats to August low amid bout of global market angst

Bitcoin is up more than 40% in 2021.

SPACs

Hong Kong seen struggling to lure SPACs with strict rulebook

SPACs are empty shells when they go public, raising money with the intention of buying and merging with another company.
Greening energy to fight climate threat may cost US$92 tril - THE EDGE SINGAPORE

Environmental, Social and Governance

Greening energy to fight climate threat may cost US$92 tril

The final bill could be as much as US$173 trillion, about eight times the US GDP in 2019.

Cryptocurrency

Ethereum co-founder plans to quit crypto over personal safety concerns

“I will incorporate crypto when needed... but it’s really a small percentage of what the world needs."

Company in the news

PropertyGuru near US$1.8 bil merger with Peter Thiel SPAC

The company scrapped plans for an initial public offering on the Australian stock exchange back in 2019 over valuation concerns.

Covid-19

Singapore must be ready to act as Covid-19 cases spike: Ong

Singapore reported 163 new cases of infections in the community on July 19, the highest since Aug 10, 2020.
Chinese investors most keen on ESG, Singaporeans least aware: Fidelity - THE EDGE SINGAPORE

Environmental, Social and Governance

Chinese investors most keen on ESG, Singaporeans least aware: Fidelity

China’s air pollution has for years posed a tangible, visible symptom to otherwise abstract ESG warnings.
Crypto firms fight for top talent with hundreds of openings - THE EDGE SINGAPORE

In Focus

Crypto firms fight for top talent with hundreds of openings

Despite a rout in May, cryptocurrencies’ total market value is up 400% over the past year to about US$1.4 trillion.

Covid-19

Taiwan and Singapore, Covid-19 success stories, face fresh threats

In Taiwan, authorities encouraged people to stay at home this weekend, with a five pax limit on social gatherings.

Cryptocurrency

Coinbase plunges to all-time low with IPO ETF in freefall

“We saw a mini-bubble in SPACs, IPOs, crypto, clean-tech and many of these asset classes are nursing bad hangovers."
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