Daily Briefing: Cybercrime targets Singapore; Tudor to close Singapore trading desk

And here are ways to teach financial literacy in Singapore.

Cybercrime attacks are becoming increasingly rampant, especially in Singapore and Asia Pacific as a whole. This is largely due to the widespread use of digital banking – Singapore reputedly the highest in Asia – and the fact that many major multinationals have Asian headquarters in Singapore. Read more here.

Tudor Investment Corp., the $11 billion hedge fund founded by billionaire Paul Tudor Jones, has closed its Singapore trading desk as part of a global shakeup, according to people familiar with the matter. The firm still has staff in Singapore focusing on quantitative research, and continues to add such developers, said one of the people, who requested anonymity because the move hasn’t been publicly disclosed. Find out more here.

The life of a Singaporean kid is pretty fast paced. There’s school, PokeStops, tuition and tweets filling up every other minute of their lives. It’d be a shame if they weren’t educated about the one thing that fuels every necessity and perk in their lives – money. Kids are still at that age to absorb a lot of knowledge, so there is no better time to teach them financial literacy than during their formative years. Read more here.