SINGAPORE BARS ALICE HUANG, CONTINUES NVIDIA CUSTOMER PROBE Singapore confirmed it investigated Alice Huang and Megaspeed over suspected false declarations involving server shipments through Malaysia. Authorities found insufficient evidence to charge Huang, but issued her a stern warning and re-entry ban for providing inaccurate information to police. Singapore stressed Huang was not investigated for espionage. Investigations into Megaspeed and six other individuals remain ongoing. Singapore also accused US server supplier Supermicro of limited cooperation with investigators.

Singapore publisher SPH Media was hit by a cyber-attack, local media reported, just days after hackers accessed tens of thousands of flight bookings at national carrier Singapore Airlines

Singapore’s central bank has opened its currency vault to foreign central banks and sovereign entities, with room for up to 500 tonnes of gold. A GST framework for wholesale gold services is expected to take effect in April 2027. OTC gold clearing is expected to start live trading in the first quarter of 2027. MAS hasn’t said how much gold is stored or which central banks have signed up. Source: Monetary Authority of Singapore

Singapore Launches Gold Vaulting Service for Central Banks Singapore has launched a gold vaulting service for foreign central banks and official institutions to store bullion reserves. The precious metal will be stored in the city-state's national currency vault, which has capacity for as much as 500 tons, with room to expand as demand grows. Singapore is seeking to tap growing demand to diversify where bullion reserves are stored, and to establish itself as a hub for the precious metal, with plans including an over-the-counter clearing system and enhanced logistics.

Singapore’s interbank rates climbed to the highest in more than a year, as tighter local liquidity and expectations for further US interest-rate hikes pushed up borrowing costs.