https://www.businesstimes.com.sg/ THE BUSINESS TIMES - Find latest business and financial news including analysis and opinion on top business stories, stock markets in Singapore, Asia-Pacific and global market news and more at The Business Times. en-US https://www.businesstimes.com.sg/favicon.ico https://www.businesstimes.com.sg/ 32 32 https://www.businesstimes.com.sg/property/beyond-survival-elite-uk-reit-plots-next-phase-growth Tue, 19 May 2026 04:46:30 +0000 Ry-Anne Lim Property Companies & Markets Reits & Property /property/beyond-survival-elite-uk-reit-plots-next-phase-growth After stabilising the trust, CEO Joshua Liaw looks to more asset repositioning, active portfolio management https://www.businesstimes.com.sg/international/global/china-will-open-its-market-ai-chips-us-nvidias-ceo-says Tue, 19 May 2026 03:02:37 +0000 Global Companies & Markets International Telcos, Media & Tech /international/global/china-will-open-its-market-ai-chips-us-nvidias-ceo-says NVIDIA chief executive officer Jensen Huang, speaking days after he joined President Donald Trump’s May 14-15 summit in China, said he expects... https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/elon-musk-loses-openai-court-battle-5-takeaways-blockbuster-trial Tue, 19 May 2026 02:03:28 +0000 Telcos, Media & Tech Companies & Markets Global International /companies-markets/telcos-media-tech/elon-musk-loses-openai-court-battle-5-takeaways-blockbuster-trial Musk is still determined to bring down OpenAI https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/google-blackstone-create-ai-cloud-firm-house-chips Tue, 19 May 2026 02:02:03 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/google-blackstone-create-ai-cloud-firm-house-chips The move adds to a boom in spending on computing infrastructure https://www.businesstimes.com.sg/companies-markets/undergrads-get-hands-ai-finance-training-sector-offer-over-1000-internships-traineeships Tue, 19 May 2026 02:00:00 +0000 Renald Yeo Companies & Markets Banking & Finance Singapore /companies-markets/undergrads-get-hands-ai-finance-training-sector-offer-over-1000-internships-traineeships Young Talent Programme for AI in Finance is part of a broader push by MAS and IBF to expand talent pathways https://www.businesstimes.com.sg/companies-markets/frencken-shares-fall-15-5-after-q1-earnings-dive Tue, 19 May 2026 01:42:32 +0000 Deon Loke Companies & Markets New Articles /companies-markets/frencken-shares-fall-15-5-after-q1-earnings-dive The technology solutions provider posts a 20.2% drop in net profit https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/meta-moves-7000-workers-ai-roles-ahead-job-cuts Tue, 19 May 2026 00:58:58 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/meta-moves-7000-workers-ai-roles-ahead-job-cuts Employees will move into one of several new groups focused on AI-related products, including agents and apps https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-falls-over-2-trump-says-he-holds-scheduled-attack-iran Tue, 19 May 2026 00:45:35 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/oil-falls-over-2-trump-says-he-holds-scheduled-attack-iran US extends sanctions waiver on Russian seaborne oil https://www.businesstimes.com.sg/companies-markets/stocks-watch-cdl-lendlease-global-commercial-reit-frencken-geo-energy-ever-glory Tue, 19 May 2026 00:22:07 +0000 Chloe Lim Companies & Markets Capital Markets & Currencies /companies-markets/stocks-watch-cdl-lendlease-global-commercial-reit-frencken-geo-energy-ever-glory [SINGAPORE] The following companies saw new developments that may affect the trading of their securities on Tuesday (May 19):  https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-extends-gain-hopes-iran-truce-ease-inflation-fears Tue, 19 May 2026 00:13:35 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/gold-extends-gain-hopes-iran-truce-ease-inflation-fears The precious metal rises as much as 0.4% to trade around US$4,585 an ounce https://www.businesstimes.com.sg/companies-markets/banking-finance/stanchart-targets-higher-return-reduce-more-7000-roles-2030 Tue, 19 May 2026 00:03:44 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/stanchart-targets-higher-return-reduce-more-7000-roles-2030 The bank is seeking to build on a long turnaround and deliver stronger growth https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/elon-musk-loses-case-against-sam-altman-over-openais-overhaul-verdict-removes-obstacle-ipo Mon, 18 May 2026 23:51:09 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/elon-musk-loses-case-against-sam-altman-over-openais-overhaul-verdict-removes-obstacle-ipo Judge says possible Musk appeal would face uphill battle https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/want-beat-rising-inflation-these-sgx-listed-funds-and-stocks-offer-dividends-least-3 Mon, 18 May 2026 23:00:00 +0000 Chloe Lim Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/want-beat-rising-inflation-these-sgx-listed-funds-and-stocks-offer-dividends-least-3 iShares US dollar Asia High-yield bond index ETF leads the pack with a 7.3% dividend yield https://www.businesstimes.com.sg/companies-markets/ai-startup-mistral-nearly-treble-singapore-headcount-it-eyes-growth-south-east-asia Mon, 18 May 2026 23:00:00 +0000 Young Zhan Heng Companies & Markets /companies-markets/ai-startup-mistral-nearly-treble-singapore-headcount-it-eyes-growth-south-east-asia With the city-state as a base, it aims to grow its presence in Thailand, Malaysia and elsewhere in region https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/lenovo-has-handed-fifa-ai-gold-mine-monetising-fandom-tough-sell Mon, 18 May 2026 23:00:00 +0000 Shikhar Gupta Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/lenovo-has-handed-fifa-ai-gold-mine-monetising-fandom-tough-sell Football’s world governing body promises mass personalisation at the World Cup, but experts say poor execution could trigger fan backlash https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/nasdaq-leads-equity-losses-oil-borrowing-costs-focus Mon, 18 May 2026 22:20:09 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/nasdaq-leads-equity-losses-oil-borrowing-costs-focus This is the second straight decline for the Nasdaq and the S&P 500 https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-end-volatile-session-higher-inflation-concerns-limit-gains Mon, 18 May 2026 22:09:37 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/european-shares-end-volatile-session-higher-inflation-concerns-limit-gains Bets that central banks would soon hike interest rates led traders to sell bonds https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/m1-simba-deal-what-are-frequency-spectrums-and-when-does-their-use-become-unauthorised Mon, 18 May 2026 14:25:16 +0000 Chloe Lim Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/m1-simba-deal-what-are-frequency-spectrums-and-when-does-their-use-become-unauthorised Unassigned use may allow operators to gain an unfair advantage, IMDA says https://www.businesstimes.com.sg/companies-markets/sp-500-nasdaq-open-higher-chips-rebound-yields-retreat Mon, 18 May 2026 13:44:19 +0000 Companies & Markets International /companies-markets/sp-500-nasdaq-open-higher-chips-rebound-yields-retreat [NEW YORK] The S&P 500 and the Nasdaq opened higher on Monday (May 18) as heavyweight semiconductor stocks recovered, while a bond... https://www.businesstimes.com.sg/companies-markets/reits-property/lendlease-reit-posts-12-2-retail-rental-reversion-q3-plq-mall-acquisition-lifts-tenant-sales Mon, 18 May 2026 13:09:24 +0000 Evan See Reits & Property Companies & Markets /companies-markets/reits-property/lendlease-reit-posts-12-2-retail-rental-reversion-q3-plq-mall-acquisition-lifts-tenant-sales Portfolio occupancy is up at 95.3% from 94.9% a quarter earlier https://www.businesstimes.com.sg/companies-markets/analysts-tip-starhub-obvious-front-runner-m1-after-simba-merger-stalls Mon, 18 May 2026 12:37:55 +0000 Therese Soh Shikhar Gupta Companies & Markets Telcos, Media & Tech /companies-markets/analysts-tip-starhub-obvious-front-runner-m1-after-simba-merger-stalls The setback is expected to weigh on Keppel, which had planned to monetise M1 through the deal https://www.businesstimes.com.sg/companies-markets/geo-energy-secures-offtake-mining-services-mous-back-coking-coal-push Mon, 18 May 2026 12:27:03 +0000 Evan See Companies & Markets /companies-markets/geo-energy-secures-offtake-mining-services-mous-back-coking-coal-push Initial feasibility studies estimate reserves in the Central Kalimantan site of 15 million to 20 million tonnes https://www.businesstimes.com.sg/opinion-features/scuttled-m1-simba-deal-leaves-investors-more-questions-answers Mon, 18 May 2026 11:38:29 +0000 Jude Chan Opinion & Features Companies & Markets /opinion-features/scuttled-m1-simba-deal-leaves-investors-more-questions-answers How does a telco operator use airwaves that do not belong to it? https://www.businesstimes.com.sg/companies-markets/ever-glory-order-book-tops-s900-million-lta-rws-contract-wins Mon, 18 May 2026 11:36:39 +0000 Chloe Lim Companies & Markets /companies-markets/ever-glory-order-book-tops-s900-million-lta-rws-contract-wins The new projects are worth around S$230 million https://www.businesstimes.com.sg/companies-markets/singapore-stocks-end-higher-amid-mixed-regional-showing-sti-0-2 Mon, 18 May 2026 11:07:41 +0000 Chloe Lim Companies & Markets Capital Markets & Currencies /companies-markets/singapore-stocks-end-higher-amid-mixed-regional-showing-sti-0-2 ST Engineering leads gainers on the blue-chip index https://www.businesstimes.com.sg/companies-markets/ex-cdl-director-kwek-leng-peck-rejoins-board-six-years-after-resigning-over-disagreements Mon, 18 May 2026 11:06:11 +0000 Evan See Companies & Markets Property /companies-markets/ex-cdl-director-kwek-leng-peck-rejoins-board-six-years-after-resigning-over-disagreements He is the cousin of executive chairman Kwek Leng Beng and will be appointed vice-chairman https://www.businesstimes.com.sg/companies-markets/ikea-franchiser-slashes-850-jobs-cost-cutting-drive-consumer-spending-falls Mon, 18 May 2026 09:02:48 +0000 Companies & Markets International /companies-markets/ikea-franchiser-slashes-850-jobs-cost-cutting-drive-consumer-spending-falls It has been squeezed by rising costs and US tariffs https://www.businesstimes.com.sg/companies-markets/grab-sea-lean-affordability-subscriptions-defend-growth-amid-macroeconomic-headwinds Mon, 18 May 2026 09:00:00 +0000 Benjamin Cher Companies & Markets /companies-markets/grab-sea-lean-affordability-subscriptions-defend-growth-amid-macroeconomic-headwinds Even as consumer spending comes under pressure, both companies have maintained their 2026 guidance https://www.businesstimes.com.sg/international/asean/global-energy-shock-tests-philippine-lenders-resilience Mon, 18 May 2026 08:30:28 +0000 Asean Banking & Finance Companies & Markets International /international/asean/global-energy-shock-tests-philippine-lenders-resilience They are switching to a defensive stance as new central bank relief measures begin to bite https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/trumps-q1-trades-include-nvidia-apple-amazon-and-us600-million-sushi-chain Mon, 18 May 2026 07:13:19 +0000 Capital Markets & Currencies Companies & Markets International /companies-markets/capital-markets-currencies/trumps-q1-trades-include-nvidia-apple-amazon-and-us600-million-sushi-chain The filing shows the US president or his investment advisers made more than 3,700 trades in the first quarter https://www.businesstimes.com.sg/companies-markets/banking-finance/hsbc-lend-us4-billion-help-china-clean-tech-scale-globally Mon, 18 May 2026 06:05:56 +0000 Banking & Finance Companies & Markets ESG /companies-markets/banking-finance/hsbc-lend-us4-billion-help-china-clean-tech-scale-globally The bank will extend credit terms, streamline credit approvals and develop tailored solutions for eligible companies https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/samsung-electronics-and-union-extend-talks-avert-strike Mon, 18 May 2026 05:38:57 +0000 Telcos, Media & Tech Companies & Markets International /companies-markets/telcos-media-tech/samsung-electronics-and-union-extend-talks-avert-strike A walkout by more than 45,000 workers could hit South Korea’s economy and disrupt global supply chains https://www.businesstimes.com.sg/companies-markets/energy-commodities/goldman-says-central-banks-step-gold-buying-aiding-prices Mon, 18 May 2026 05:05:27 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/goldman-says-central-banks-step-gold-buying-aiding-prices The precious metal has struggled since the outbreak of the war in the Middle East https://www.businesstimes.com.sg/companies-markets/uobkh-downgrades-comfortdelgro-hold-q1-earnings-disappoint Mon, 18 May 2026 04:54:48 +0000 Deon Loke Companies & Markets New Articles /companies-markets/uobkh-downgrades-comfortdelgro-hold-q1-earnings-disappoint Brokerage slashes target price for the land transport operator by 15% to S$1.54 https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/keppel-let-m1-simba-deal-lapse-m1-be-restructured-focus-rightsizing Mon, 18 May 2026 04:53:04 +0000 Therese Soh Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/keppel-let-m1-simba-deal-lapse-m1-be-restructured-focus-rightsizing Group says the telco industry in Singapore is in need of consolidation and will benefit from it https://www.businesstimes.com.sg/international/asean/indonesia-rupiah-hits-new-record-low-president-downplays-day-day-impact-currency-weakness Mon, 18 May 2026 04:26:41 +0000 Asean Capital Markets & Currencies Companies & Markets International /international/asean/indonesia-rupiah-hits-new-record-low-president-downplays-day-day-impact-currency-weakness The central bank has also been intervening in the foreign exchange market to support the exchange rate https://www.businesstimes.com.sg/international/global/australia-orders-chinese-investors-sell-stakes-rare-earths-firm-over-national-security Mon, 18 May 2026 03:35:25 +0000 Global Companies & Markets Energy & Commodities International /international/global/australia-orders-chinese-investors-sell-stakes-rare-earths-firm-over-national-security Five of them are registered in China or Hong Kong and one in the British Virgin Islands https://www.businesstimes.com.sg/companies-markets/banking-finance/japan-leads-global-bond-markets-lower-inflation-fears-rise Mon, 18 May 2026 03:11:13 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/japan-leads-global-bond-markets-lower-inflation-fears-rise The nation’s 30-year rate has surged 20 basis points, the highest since the tenor’s debut in 1999 https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/e-commerce-giant-shein-buys-apparel-brand-everlane-reports Mon, 18 May 2026 02:24:36 +0000 Consumer & Healthcare Companies & Markets /companies-markets/consumer-healthcare/e-commerce-giant-shein-buys-apparel-brand-everlane-reports The brand, known for its minimalistic, “quiet luxury” style, is a favourite of celebrities https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/keppel-shares-drop-2-1-after-m1-simba-deal-falls-through Mon, 18 May 2026 01:54:45 +0000 Shikhar Gupta Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/keppel-shares-drop-2-1-after-m1-simba-deal-falls-through Shares of Simba parent Tuas Ltd are down over 60% on the ASX https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/china-swap-connect-trading-volume-heads-toward-1-trillion-yuan Mon, 18 May 2026 01:35:26 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/china-swap-connect-trading-volume-heads-toward-1-trillion-yuan This projected surge underscores a shift in how global funds engage with the country https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-holds-decline-strait-hormuz-quagmire-keeps-inflation-fear-high Mon, 18 May 2026 01:01:34 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/gold-holds-decline-strait-hormuz-quagmire-keeps-inflation-fear-high The precious metal has traded in a fairly narrow range since falling sharply in the early days of the war https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-touches-2-week-high-after-drone-attack-uae-nuclear-power-plant Mon, 18 May 2026 00:53:11 +0000 Energy & Commodities Companies & Markets Global International /companies-markets/energy-commodities/oil-touches-2-week-high-after-drone-attack-uae-nuclear-power-plant The drone attacks and rhetoric from the US and Iran raised concerns of an escalation in the conflict https://www.businesstimes.com.sg/companies-markets/stocks-watch-keppel-singland-uol-uob-st-engineering-sia-lendlease-global-commercial-reit Mon, 18 May 2026 00:49:12 +0000 Deon Loke Therese Soh Companies & Markets Capital Markets & Currencies /companies-markets/stocks-watch-keppel-singland-uol-uob-st-engineering-sia-lendlease-global-commercial-reit [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (May 18):  https://www.businesstimes.com.sg/companies-markets/banking-finance/jane-street-doubles-capacity-singapore-move-new-office-will-expand-headcount Mon, 18 May 2026 00:40:54 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/jane-street-doubles-capacity-singapore-move-new-office-will-expand-headcount It is seeking experienced candidates to fill roles covering software, cybersecurity and data centre engineering https://www.businesstimes.com.sg/companies-markets/st-engineering-q1-revenue-rises-11-s3-3-billion-strong-segment-growth Mon, 18 May 2026 00:25:50 +0000 Deon Loke Companies & Markets New Articles /companies-markets/st-engineering-q1-revenue-rises-11-s3-3-billion-strong-segment-growth The group has declared an interim dividend of S$0.04 per share, unchanged from a year earlier https://www.businesstimes.com.sg/companies-markets/banking-finance/prudential-buy-majority-stake-bharti-life-35-billion-rupees Mon, 18 May 2026 00:24:33 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/prudential-buy-majority-stake-bharti-life-35-billion-rupees An additional consideration of up to seven billion rupees may be payable upon completion of the deal https://www.businesstimes.com.sg/companies-markets/keppels-m1-sale-stalls-imda-probes-alleged-spectrum-breaches-simba Sun, 17 May 2026 23:50:44 +0000 Therese Soh Companies & Markets Telcos, Media & Tech /companies-markets/keppels-m1-sale-stalls-imda-probes-alleged-spectrum-breaches-simba The asset manager says it will now execute a ‘Plan B’ https://www.businesstimes.com.sg/companies-markets/outlook-still-bullish-dow Sun, 17 May 2026 23:00:00 +0000 Companies & Markets /companies-markets/outlook-still-bullish-dow Wall Street’s blue-chip index is approaching, but has yet to break through the ceiling established in February 2026. The Dow Jones Industrial... https://www.businesstimes.com.sg/companies-markets/whole-deck-cards-just-toppled-foodxervices-nichol-ng-how-92-year-old-family-business-unravelled Sun, 17 May 2026 23:00:00 +0000 Renald Yeo Companies & Markets Consumer & Healthcare Singapore /companies-markets/whole-deck-cards-just-toppled-foodxervices-nichol-ng-how-92-year-old-family-business-unravelled The company tried various ways to stay afloat, but revival plans collapsed https://www.businesstimes.com.sg/opinion-features/jardine-cc-likely-be-taken-private Sun, 17 May 2026 23:00:00 +0000 Ben Paul Opinion & Features Companies & Markets Wealth Wealth & Investing /opinion-features/jardine-cc-likely-be-taken-private Most of its value resides in Jakarta-listed Astra International, while its own parent has secondary listing in Singapore https://www.businesstimes.com.sg/international/asean/malaysia-unveils-measures-help-airlines-hit-iran-war Sun, 17 May 2026 22:56:21 +0000 Asean Companies & Markets International Transport & Logistics /international/asean/malaysia-unveils-measures-help-airlines-hit-iran-war The government has also allocated RM5 million for flight ticket rebates https://www.businesstimes.com.sg/companies-markets/energy-commodities/us-says-china-agrees-spend-billions-agricultural-goods Sun, 17 May 2026 22:35:32 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/us-says-china-agrees-spend-billions-agricultural-goods Farmers have been struggling for years with relatively low crop prices and high costs https://www.businesstimes.com.sg/companies-markets/buybacks-insider-activity-and-capital-moves Sun, 17 May 2026 12:43:44 +0000 Companies & Markets /companies-markets/buybacks-insider-activity-and-capital-moves IN THE five trading sessions to the May 14 close, 16 primary-listed companies conducted buybacks with a total consideration of S$42 million. https://www.businesstimes.com.sg/companies-markets/three-months-decide-three-years-list-singapore-noodlemaker-leong-guan-eyes-growth-after-ipo Sun, 17 May 2026 08:00:00 +0000 Evan See Companies & Markets /companies-markets/three-months-decide-three-years-list-singapore-noodlemaker-leong-guan-eyes-growth-after-ipo The company is aiming for new acquisitions and export markets among its post-listing goals https://www.businesstimes.com.sg/singapore/singapore-launches-first-ev-fast-charging-hub-within-hdb-car-park-tengah Sun, 17 May 2026 07:07:24 +0000 Derryn Wong Singapore Companies & Markets Transport & Logistics /singapore/singapore-launches-first-ev-fast-charging-hub-within-hdb-car-park-tengah The hub has 14 charging points, eight of which are fast-chargers capable of up to 100 kW of power output https://www.businesstimes.com.sg/companies-markets/dayone-considering-dual-ipo-singapore-and-us-ft-reports Sun, 17 May 2026 05:22:28 +0000 Companies & Markets Telcos, Media & Tech /companies-markets/dayone-considering-dual-ipo-singapore-and-us-ft-reports Reuters reported in February that DayOne planned to raise US$5 billion in a US IPO that could value the company at US$20... https://www.businesstimes.com.sg/international/global/south-korea-says-it-will-pursue-all-options-avoid-samsung-strike Sun, 17 May 2026 04:24:26 +0000 Global Companies & Markets International Telcos, Media & Tech /international/global/south-korea-says-it-will-pursue-all-options-avoid-samsung-strike The tech giant accounts for nearly a quarter of the country’s exports https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/bond-sell-threatens-knock-ai-stock-frenzy-course Sun, 17 May 2026 03:53:08 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/bond-sell-threatens-knock-ai-stock-frenzy-course The bond market looms large in stock investors’ peripheral vision as the main threat to equities https://www.businesstimes.com.sg/international/tata-electronics-and-asml-partner-indias-first-semiconductor-fab Sun, 17 May 2026 01:54:49 +0000 International Companies & Markets Telcos, Media & Tech /international/tata-electronics-and-asml-partner-indias-first-semiconductor-fab India has pledged billions of dollars in subsidies to attract semiconductor-related plants https://www.businesstimes.com.sg/companies-markets/transport-logistics/tesla-raises-prices-model-y-cars-us-first-time-two-years Sun, 17 May 2026 01:34:28 +0000 Transport & Logistics Companies & Markets /companies-markets/transport-logistics/tesla-raises-prices-model-y-cars-us-first-time-two-years TESLA raised the prices of its Model Y cars in the United States on Saturday, according to its website. https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/starbucks-open-first-corporate-office-india-tech-jobs Sat, 16 May 2026 07:21:57 +0000 Consumer & Healthcare Companies & Markets /companies-markets/consumer-healthcare/starbucks-open-first-corporate-office-india-tech-jobs The company has cut more than 2,000 jobs since February of last year https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/arm-holdings-face-us-antitrust-probe-over-chip-tech Sat, 16 May 2026 06:40:56 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/arm-holdings-face-us-antitrust-probe-over-chip-tech The FTC investigation is the latest escalation in a global fight between the companies https://www.businesstimes.com.sg/companies-markets/spacex-holders-sign-5-1-stock-split-ahead-ipo Sat, 16 May 2026 06:05:49 +0000 Companies & Markets Transport & Logistics /companies-markets/spacex-holders-sign-5-1-stock-split-ahead-ipo The electric-car maker split its shares in August 2022 and two years earlier https://www.businesstimes.com.sg/international/asean/vinfast-seeks-shed-most-debt-vietnam-factory-spinoffs Sat, 16 May 2026 05:35:55 +0000 Asean Companies & Markets International Transport & Logistics /international/asean/vinfast-seeks-shed-most-debt-vietnam-factory-spinoffs The company will separate its manufacturing operations into a standalone company https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/consumers-sue-amazon-not-refunding-trump-tariff-costs Sat, 16 May 2026 04:57:11 +0000 Consumer & Healthcare Companies & Markets /companies-markets/consumer-healthcare/consumers-sue-amazon-not-refunding-trump-tariff-costs The lawsuit asserts claims of unjust enrichment and violation of Washington state’s consumer-protection law https://www.businesstimes.com.sg/companies-markets/spacex-accelerates-ipo-timeline-targets-june-12-listing-nasdaq-sources Sat, 16 May 2026 04:20:12 +0000 Companies & Markets Transport & Logistics /companies-markets/spacex-accelerates-ipo-timeline-targets-june-12-listing-nasdaq-sources The company’s debut comes at a pivotal moment for the IPO market https://www.businesstimes.com.sg/companies-markets/global-bonds-battered-flaring-inflation-spooks-investors Sat, 16 May 2026 03:39:59 +0000 Companies & Markets Capital Markets & Currencies /companies-markets/global-bonds-battered-flaring-inflation-spooks-investors Rising Treasury yields have a broad impact on other assets around the globe https://www.businesstimes.com.sg/international/fed-names-powell-chair-pro-tempore-until-warsh-sworn Sat, 16 May 2026 02:03:51 +0000 International Banking & Finance Companies & Markets /international/fed-names-powell-chair-pro-tempore-until-warsh-sworn The incoming Fed chief has pledged to divest sizeable financial assets before taking office https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-prices-climb-more-3-fears-new-us-iran-combat Sat, 16 May 2026 00:49:06 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/oil-prices-climb-more-3-fears-new-us-iran-combat About a fifth of the world’s oil and liquefied natural gas normally passes through the strait https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/stoxx-600-logs-weekly-losses-iran-war-linked-inflation-woes Sat, 16 May 2026 00:21:20 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/stoxx-600-logs-weekly-losses-iran-war-linked-inflation-woes Semiconductor firms have paused their recent rally https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/wall-street-ends-lower-mounting-inflation-worries Fri, 15 May 2026 23:46:51 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/wall-street-ends-lower-mounting-inflation-worries Despite the sell-off, the S&P 500 has logged its seventh straight weekly gain https://www.businesstimes.com.sg/companies-markets/banking-finance/us-debt-load-could-undercut-warshs-plan-shrink-fed-balance-sheet Fri, 15 May 2026 14:51:41 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/us-debt-load-could-undercut-warshs-plan-shrink-fed-balance-sheet [WASHINGTON] Incoming Federal Reserve chief Kevin Warsh‘s plans to shrink the US central bank’s “footprint” in financial markets could be constrained by rising... https://www.businesstimes.com.sg/singapore/hm-lays-staff-singapore-moves-regional-headquarters-malaysia Fri, 15 May 2026 14:15:13 +0000 Singapore Companies & Markets /singapore/hm-lays-staff-singapore-moves-regional-headquarters-malaysia It still has six outlets in Singapore https://www.businesstimes.com.sg/companies-markets/wall-st-down-open-yields-jump-inflation-worries Fri, 15 May 2026 13:44:08 +0000 Companies & Markets International /companies-markets/wall-st-down-open-yields-jump-inflation-worries [NEW YORK] Wall Street indexes opened sharply lower on Friday (May 15), as inflation fears triggered by the Middle East conflict drove... https://www.businesstimes.com.sg/companies-markets/starbucks-cuts-300-us-corporate-jobs-and-closes-some-regional-offices Fri, 15 May 2026 13:25:21 +0000 Companies & Markets International /companies-markets/starbucks-cuts-300-us-corporate-jobs-and-closes-some-regional-offices It’s also reviewing its international support organisations and expects more job cuts outside the US https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/samsung-executives-make-rare-union-visit-strike-fears-mount Fri, 15 May 2026 12:58:46 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/samsung-executives-make-rare-union-visit-strike-fears-mount SAMSUNG Electronics’ top management made a rare visit to leaders of the company’s largest labour union late Friday in an effort to... https://www.businesstimes.com.sg/companies-markets/singland-buys-out-uobs-stake-novena-square-jvs-s299-million Fri, 15 May 2026 12:50:42 +0000 Sharanya Pillai Companies & Markets Property Reits & Property /companies-markets/singland-buys-out-uobs-stake-novena-square-jvs-s299-million The move will enhance SingLand’s share of recurring income from a stabilised asset, the company says https://www.businesstimes.com.sg/companies-markets/keppel-inks-further-bifrost-deal-telstra-advanced-talks-more-customers Fri, 15 May 2026 12:05:04 +0000 Sharanya Pillai Companies & Markets /companies-markets/keppel-inks-further-bifrost-deal-telstra-advanced-talks-more-customers It aims to sign contracts for the remaining fibre pairs in H1 this year https://www.businesstimes.com.sg/companies-markets/sia-group-passenger-traffic-rises-7-april Fri, 15 May 2026 10:56:31 +0000 Deon Loke Companies & Markets New Articles /companies-markets/sia-group-passenger-traffic-rises-7-april Singapore Airlines and Scoot carried a total of 3.6 million passengers, a 7.5% year-on-year increase https://www.businesstimes.com.sg/companies-markets/uol-buy-out-uob-stake-former-faber-house-s68-million-amid-nomad-hotel-rebuild Fri, 15 May 2026 10:51:58 +0000 Sharanya Pillai Companies & Markets Reits & Property /companies-markets/uol-buy-out-uob-stake-former-faber-house-s68-million-amid-nomad-hotel-rebuild The new development will have a banking hall at its ground level https://www.businesstimes.com.sg/companies-markets/banking-finance/japans-biggest-banks-expect-another-year-record-profit Fri, 15 May 2026 10:51:25 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/japans-biggest-banks-expect-another-year-record-profit They project earnings will scale new heights as rising interest rates spur loan profitability https://www.businesstimes.com.sg/companies-markets/justco-targets-s100-million-mainboard-ipo-expand-existing-and-new-markets Fri, 15 May 2026 10:50:55 +0000 Ranamita Chakraborty Companies & Markets Capital Markets & Currencies /companies-markets/justco-targets-s100-million-mainboard-ipo-expand-existing-and-new-markets The GIC-backed company is set to be the second to list on the SGX mainboard this year https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/lvmh-agrees-sell-marc-jacobs-brand-whp-g-iii Fri, 15 May 2026 10:24:48 +0000 Consumer & Healthcare Companies & Markets /companies-markets/consumer-healthcare/lvmh-agrees-sell-marc-jacobs-brand-whp-g-iii In a filing, G-III says it plans to invest up to US$425 million in the 50-50 venture https://www.businesstimes.com.sg/companies-markets/singapore-stocks-end-lower-friday-sti-down-0-1 Fri, 15 May 2026 10:20:22 +0000 Jude Chan Companies & Markets /companies-markets/singapore-stocks-end-lower-friday-sti-down-0-1 The blue-chip barometer’s worst performer is Venture Corporation, falling 3.1% or S$0.56 to close at S$17.64 https://www.businesstimes.com.sg/companies-markets/banking-finance/hsbc-committed-its-private-credit-investments-after-report-us4-billion-pause Fri, 15 May 2026 09:37:15 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/hsbc-committed-its-private-credit-investments-after-report-us4-billion-pause Regulators worldwide are more concerned about banks’ exposure to the US$3.5 trillion private credit industry https://www.businesstimes.com.sg/international/britains-pound-stocks-and-bonds-fall-political-uncertainty-global-inflation-angst Fri, 15 May 2026 09:07:27 +0000 International Banking & Finance Companies & Markets /international/britains-pound-stocks-and-bonds-fall-political-uncertainty-global-inflation-angst British PM Keir Starmer’s leadership is under threat https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-slip-inflation-worries-keep-investors-edge Fri, 15 May 2026 08:42:46 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/european-shares-slip-inflation-worries-keep-investors-edge EUROPEAN shares tumbled on Friday as a deadlock in US-Iran negotiations dented risk appetite, rattled energy markets and rekindled concerns over an economic... https://www.businesstimes.com.sg/companies-markets/transport-logistics/sia-flying-turbulence-fuel-costs-air-india-losses-dividends-offer-upside Fri, 15 May 2026 08:29:33 +0000 Shikhar Gupta Transport & Logistics Companies & Markets /companies-markets/transport-logistics/sia-flying-turbulence-fuel-costs-air-india-losses-dividends-offer-upside Citi maintains a ‘sell’, while DBS Group Research and CGS International maintain ‘hold’ https://www.businesstimes.com.sg/companies-markets/cdl-dbs-launch-s300-million-green-loan-advance-nature-based-solutions-singapore Fri, 15 May 2026 07:36:01 +0000 Chloe Lim Companies & Markets ESG /companies-markets/cdl-dbs-launch-s300-million-green-loan-advance-nature-based-solutions-singapore It will be used for general corporate funding and working capital purposes, among others https://www.businesstimes.com.sg/companies-markets/transport-logistics/transforming-air-india-definitely-not-going-be-walk-park-sia-chief-goh-choon-phong Fri, 15 May 2026 07:35:51 +0000 Tay Peck Gek Transport & Logistics Companies & Markets /companies-markets/transport-logistics/transforming-air-india-definitely-not-going-be-walk-park-sia-chief-goh-choon-phong Singapore Airlines is playing a ‘long game’, he adds https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/robot-makers-rule-hottest-asia-stock-trades-physical-ai-boom Fri, 15 May 2026 07:04:41 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/robot-makers-rule-hottest-asia-stock-trades-physical-ai-boom Investors are increasingly betting the next wave of value creation will come from robotics https://www.businesstimes.com.sg/companies-markets/ihh-bags-s250-million-sustainability-linked-loan-dbs-promote-safe-use-antibiotics Fri, 15 May 2026 07:00:00 +0000 Sharanya Pillai Companies & Markets ESG /companies-markets/ihh-bags-s250-million-sustainability-linked-loan-dbs-promote-safe-use-antibiotics The deal shows that such financing can go beyond traditional environmental metrics, says DBS https://www.businesstimes.com.sg/companies-markets/golden-agri-resources-q1-net-profit-falls-20-us44-million-amid-weaker-upstream-business Fri, 15 May 2026 06:00:03 +0000 Therese Soh Companies & Markets Capital Markets & Currencies /companies-markets/golden-agri-resources-q1-net-profit-falls-20-us44-million-amid-weaker-upstream-business However, its downstream business boosts revenue by 6% year on year https://www.businesstimes.com.sg/international/india-hikes-fuel-prices-first-time-four-years-amid-iran-war-crude-spike Fri, 15 May 2026 05:57:49 +0000 International Companies & Markets Energy & Commodities /international/india-hikes-fuel-prices-first-time-four-years-amid-iran-war-crude-spike The move follows a cut in fuel taxes in March that gave refiners some relief, but will not offset losses https://www.businesstimes.com.sg/companies-markets/ocbc-hong-kong-lift-wealth-rm-headcount-30-revenue-heads-double-digit-growth Fri, 15 May 2026 05:00:00 +0000 Renald Yeo Companies & Markets Banking & Finance /companies-markets/ocbc-hong-kong-lift-wealth-rm-headcount-30-revenue-heads-double-digit-growth The franchise aims to become a top-10 bank in the city by 2030 https://www.businesstimes.com.sg/companies-markets/singapores-horizon-quantum-seeks-capitalise-quantum-computings-turning-point Fri, 15 May 2026 04:14:30 +0000 Benjamin Cher Companies & Markets /companies-markets/singapores-horizon-quantum-seeks-capitalise-quantum-computings-turning-point The company creates tools that allow conventional software developers to code for quantum systems https://www.businesstimes.com.sg/singapore/troubled-platform-ucars-founded-group-dealers-wound-s4-million-debt Fri, 15 May 2026 04:00:00 +0000 Derryn Wong Singapore Companies & Markets Transport & Logistics /singapore/troubled-platform-ucars-founded-group-dealers-wound-s4-million-debt Winding up application filed on Feb 23 after previous legal tussles between company and its main shareholder https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/south-koreas-world-beating-stock-rally-stumbles-global-funds-sell Fri, 15 May 2026 03:54:25 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/south-koreas-world-beating-stock-rally-stumbles-global-funds-sell Kospi hits 8,000, but gains vanish as foreign tech selling turns a morning surge into a retreat https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/openai-explores-legal-options-against-apple-source Fri, 15 May 2026 03:04:11 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/openai-explores-legal-options-against-apple-source The AI startup fails to see expected benefits from its deal with iPhone maker