Renald Yeo

Renald Yeo

JOURNALIST

Renald writes about banks for The Business Times. Before that, he tracked macroeconomic trends and SME struggles.

Deeper automation and AI deployment could mean fewer workers are needed in some firms, particularly at the entry level.

ESR’s push for AI welcomed by observers, but they say it could put the heat on fresh grads

Market watchers, reacting to the ideas the Economic Strategic Review panels have put forward, say the heavier use of artificial intelligence must...

For everyday Singaporeans, the Singdollar’s strength is 'beneficial' when buying imported goods and travelling overseas for holidays, says OCBC chief economist Selena Ling.
BT EXPLAINS

Why Japan’s yen shock is rippling across Asian currencies – and what it means for Singapore

The US dollar has slid on intervention fears, while the yen has strengthened considerably

The dollar's weakness follows reports that the New York Federal Reserve conducted so-called 'rate checks' with traders on Friday.

Singdollar, ringgit climb to multi-year highs; more volatility expected amid yen intervention fears

Singdollar strengthens to 1.2677 against the greenback; ringgit is below the psychological ‘4’ mark at 3.9630

There is 'a long way to go' in treating obesity and diabetes in Apac, says Jay Thyagarajan, senior vice-president for the Apac region at Novo Nordisk.
TOPLINE

‘Treating obesity for the next 100 years’: Ozempic-maker Novo Nordisk targets tripling of Apac patient base

By sales volumes for its GLP-1 drugs, the company’s largest markets in the region are Australia, Japan, South Korea and India

Cinema operator Golden Village has taken over the cinema space at Century Square.

FCT’s occupancy rises to 99.9% after new cinema tenants replace Cathay

This is up from 98.1% in the previous quarter ended Sep 30, 2025

Applicants seeking between 100,000 and 249,000 shares were the most successful, accounting for 38.3 per cent of the shares allocated.

The Assembly Place’s IPO 35.5 times subscribed ahead of Catalist debut

It raises net proceeds of S$10.8 million, from gross proceeds of S$18.3 million

Jumbo’s investment will be funded through internal resources and is not expected to have a material impact on the group’s performance.

Jumbo Group takes 20% stake in Xi’an restaurant joint venture

Its interest in the JV is worth 300,000 yuan

Both tranches are issued under the lender’s US$30 billion global medium-term note programme.

UOB’s Sydney branch prices A$2 billion in five-year notes

They comprise A$750 million in floating-rate notes and A$1.25 billion in fixed-rate notes

Investor attention has sharpened in recent days after long-term Japanese bond yields surged to multi-year – and in some cases multi-decade – highs.

Asian equities hold ground as Japan bond jitters ease; Wall Street up in early trade

Spillover from Japan’s debt market moves appear limited as regional investors turn to policy signals from Davos