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Singapore's New Silk Road Fund Closure Signals Shifting Asian Investment Landscape
One of Singapore's pioneering hedge funds, New Silk Road Investment, announces closure after 16 years of operations. The shutdown reflects broader challenges in Asian markets, particularly the declining U.S. institutional interest and China's market turbulence, while highlighting Singapore's resilience as a financial hub.
Singapore's BexBack Raises Eyebrows with Aggressive Crypto Trading Incentives Amid Market Volatility
Singapore-based crypto platform BexBack launches controversial high-leverage trading options and deposit bonuses as Bitcoin surpasses $110,000. While promising lucrative opportunities, the move raises questions about risk management and regulatory oversight in Southeast Asia's growing crypto sector.
Markel's Strategic Greater China Play: Singapore-Trained Executive Takes Helm Amid Regional Insurance Shake-up
In a significant move highlighting the evolving dynamics of Asia's insurance landscape, Markel Insurance appoints Chelsea Jiang to lead its Greater China operations. This strategic appointment from AXA underscores the growing importance of innovation and regional expertise in navigating the complex Greater China market, while maintaining strong ties to Singapore's established financial hub.