The Business Times

Tan Weizhen

BREAKING NEWS EDITOR

emailwztan@sph.com.sg
FILE PHOTO: People use DBS automated teller machines (ATMs) in Singapore March 31, 2022. REUTERS/Caroline Chia/File Photo
HOT STOCK

DBS shares soar more than 3.8% to hit a record high, after posting earnings that beat forecasts

Lender’s Q3 net profit is S$2.95 billion – higher than the S$2.79 billion estimated in survey

The tycoon had a passion for luxury boats and collected superyachts. His collection included the US$100 million White Rabbit, which SuperYachtFan said cost US$10 million a year to run.

How Nippon Paint tycoon Goh Cheng Liang grew his empire to a US$13 billion fortune 

The self-made tycoon started his business empire through a 1962 partnership with Nippon Paint

StarHub says it has bought the rest of MyRepublic Broadband for S$105.2 million, a day after Keppel announced the proposed sale of M1’s telco business to Simba.

Telco wars: a timeline from a crowded market to consolidations

Much competition has been introduced in the past decade

Signage for SGX Group outside the Singapore Exchange Ltd. stock exchange headquarters in Singapore, on Monday, July 14, 2025. Singapore’s biggest initial public offering in eight years is offering hope that the country’s stock exchange is finally attractive for new listings. Photographer: Ore Huiying/Bloomberg

Shares of certain STI companies, semiconductor firms fall; Sembcorp tumbles more than 13%

The higher US tariffs take effect on Thursday

FILE PHOTO: A 3D-printed miniature model of U.S. President Donald Trump and the South Korea flag are seen in this illustration taken July 23, 2025. REUTERS/Dado Ruvic/Illustration/File Photo

Trump tariffs have kicked in. How will Singapore, South-east Asia be affected?

In terms of sectoral tariffs, the US president is imposing a 100% tax on imports that include semiconductors

Analysts say uncertainty remains regarding the interpretation of transshipment goods that will face 40 per cent US tariffs

Quick takes on Trump’s new tariffs: what they mean for markets, the dollar, and inflation

The Trump administration has started sending letters out to trading partners on Monday but indicated that negotiations would continue

Generic image of Singapore's CBD, financial district

IMF cuts Singapore’s GDP growth forecast for 2025 on tariff shock

Its real GDP growth forecast for Singapore is now 2% for 2025, pared back from its October 2024 prediction of 2.5%

Macrovalue owners, Gary Yap (right) and Andrew Lim (left), together with Cold Storage MD Lim Boon Cheong (centre)

Malaysia’s Macrovalue is buying Cold Storage and Giant: Who are its owners and what’s the game plan?

Malaysian retail group is equally owned by entrepreneurs Andrew Lim and Gary Yap

Investors are fearing the impact from tariffs on the US’ major trading partners such as China, Canada and Mexico.

Uncertainty could weigh on US markets, Asia in near term, say analysts, amid global market sell-off

Investors fear the impact of tariffs on America’s major trading partners, such as China, Canada and Mexico

Founder and chief executive Walter de Oude explained that a spike in withdrawals would deplete the firm's liquidity buffer, which is why a temporary pause is required.
BT EXPLAINS

What is Chocolate Finance, who is its founder and how did it fall into a liquidity problem?

The company says the pause in instant withdrawals relates to managing increased transaction volumes

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