https://www.businesstimes.com.sg/companies-markets/nissan-unit-scraps-plan-make-ev-powertrains-uk-nikkei The Business Times en 2026-05-24T20:24:05+08:00 Nissan unit scraps plan to make EV powertrains in UK: Nikkei https://cassette.sphdigital.com.sg/image/businesstimes/0eddf056e109a64602e501e78b0f8e8071f05d6bcd875c3a142b7733d6edf445 Nissan has said it will cut the number of its auto production plants to 10 from 17 and conduct a review of its powertrain factories. Nissan has said it will cut the number of its auto production plants to 10 from 17 and conduct a review of its powertrain factories. https://www.businesstimes.com.sg/opinion-features/nacho-versus-taco-are-these-tex-mex-themes-about-give-investors-singapore-indigestion The Business Times en 2026-05-24T19:58:32+08:00 Nacho versus Taco: Are these Tex-Mex themes about to give investors in Singapore indigestion? https://cassette.sphdigital.com.sg/image/businesstimes/142705143b8389f0a1f5d23db432cef114de9706525b558e35671209a8e0bc9e Earnings at S&P 500 constituents rose 28.4 per cent in Q1 2026 – their fastest growth since Q4 2021, when the world was emerging from the pandemic Earnings at S&P 500 constituents rose 28.4% in Q1 2026 – their fastest growth since Q4 2021, when the world was emerging from the Covid-19 pandemic. https://www.businesstimes.com.sg/companies-markets/s-reit-retail-flows-2026 The Business Times en 2026-05-24T18:38:51+08:00 S-Reit retail flows in 2026 https://cassette.sphdigital.com.sg/image/businesstimes/c673a9f4aef673775e0483696a3617f381c8652e596a214ac06188647377b2be Daiwa House Logistics Trust maintains lease visibility with a meaningful portion of expiries extending beyond 2030, supported by its logistics portfolio and stable tenant demand. Daiwa House Logistics Trust maintains lease visibility with a meaningful portion of expiries extending beyond 2030. https://www.businesstimes.com.sg/companies-markets/directors-increase-stakes-aspial-lifestyle-raffles-medical-centurion-among-others The Business Times en 2026-05-24T18:38:35+08:00 Directors increase stakes in Aspial Lifestyle, Raffles Medical, Centurion, among others https://cassette.sphdigital.com.sg/image/businesstimes/665393808e44cc1f546eee66022ff1b169c0b0b6dab308b5c539a3957d0ae30a Directors or CEOs reported 16 acquisitions and five disposals, while substantial shareholders recorded 10 acquisitions and three disposals. Directors or CEOs reported 16 acquisitions and five disposals, while substantial shareholders recorded 10 acquisitions and three disposals. https://www.businesstimes.com.sg/wealth/worlds-most-fervent-day-traders-south-korea-get-risky-new-tools The Business Times en 2026-05-24T16:27:17+08:00 World’s most fervent day traders in South Korea to get risky new tools https://cassette.sphdigital.com.sg/image/businesstimes/7b8b449cb5fbc3f6707ee2a533f2cd7f14334883cfa02fd698c914ede6234670 Linked to chipmakers Samsung Electronicsand SK Hynix, the products will seek to deliver twice the daily moves of the two stocks, both central to the global AI trade. Linked to chipmakers Samsung Electronics and SK Hynix, the products will seek to deliver twice the daily moves of the two stocks, both central to the global AI trade. https://www.businesstimes.com.sg/companies-markets/lawsuit-risk-presidents-scorn-why-us-companies-are-tiptoeing-trump-tariff-refund-race The Business Times en 2026-05-24T16:06:02+08:00 Lawsuit risk, president’s scorn: Why US companies are tiptoeing into the Trump tariff-refund race https://cassette.sphdigital.com.sg/image/businesstimes/9f910da0cf3ea015dadffca5a66d621d2d8767a8e51d6e9d68c2a62bb3a7f25b US President Trump signs an executive order implementing new tariffs against US trading partners on Apr 2, 2025. US President Trump signs an executive order implementing new tariffs against US trading partners on Apr 2, 2025. https://www.businesstimes.com.sg/companies-markets/shareholder-change-not-new-thing-firms-strength-comes-its-talent-cycle-carriage-md The Business Times en 2026-05-24T16:00:00+08:00 Shareholder change ‘not a new thing’; firm’s strength comes from its talent: Cycle & Carriage MD https://cassette.sphdigital.com.sg/image/businesstimes/636a1e1bf8eb9076c1418babdfb7cd3b15ca9b72f52f1d282d07739eeae038e8 The Cycle & Carriage sign at the automotive retailer's offices on 239 Alexandra Road, Singapore. Industry observers think recent moves by C&C's parent company could be preparations for a sale of the unit. Industry observers think recent moves by C&C's parent company could be preparations for a sale of the unit. https://www.businesstimes.com.sg/singapore/showdown-tanglin-club-sees-new-rival-slate-elected-general-committee The Business Times en 2026-05-24T15:55:24+08:00 Showdown at Tanglin Club sees new rival slate elected to general committee https://cassette.sphdigital.com.sg/image/businesstimes/da6832b716f634dc8f28c16f57afc8962fc64d342a28352faf74e228b6438449 Among the issues in contention are plans to spend S$7 million for Green Mark certification and another S$5 million on pickleball court construction. Among the issues in contention are plans to spend S$7 million for Green Mark certification and another S$5 million on pickleball court construction. https://www.businesstimes.com.sg/international/warshs-fed-regime-change-may-require-patience-consensus The Business Times en 2026-05-24T14:31:30+08:00 Warsh’s Fed ‘regime change’ may require patience, consensus https://cassette.sphdigital.com.sg/image/businesstimes/44037e7c2c39117638d94058b8b2857956535be2ab576d874fd1261b4197d05a Kevin Warsh, chairman of the US Federal Reserve, has told senators during his confirmation hearing that the central bank’s communications with the public and investors need “big changes”.. Kevin Warsh, chairman of the US Federal Reserve, has told senators during his confirmation hearing that the central bank’s communications with the public and investors need “big changes”.. https://www.businesstimes.com.sg/international/deadly-coal-mine-blast-chinas-shanxi-tests-limits-president-xis-energy-security-push The Business Times en 2026-05-24T13:17:35+08:00 Deadly coal mine blast in China’s Shanxi tests limits of President Xi’s energy security push https://cassette.sphdigital.com.sg/image/businesstimes/c4131d62bb426f481722b2503f6102721aa1292607c14aec31fd5541931467ca Rescuers work at the site on May 23 following a gas explosion at Liushenyu coal mine in China's Shanxi province. Rescuers work at the site on May 23 following a gas explosion at Liushenyu coal mine in China's Shanxi province. https://www.businesstimes.com.sg/international/shanxi-coal-mine-disaster-china-lowers-death-toll-82-90-after-tallying-error The Business Times en 2026-05-24T12:43:44+08:00 Shanxi coal mine disaster: China lowers death toll to 82 from 90 after tallying error https://cassette.sphdigital.com.sg/image/businesstimes/68149801e91ec9b14e448374238d510fa9b0d279adc06a6c218d4879b231aa3e Rescuers at the site following a gas explosion at Liushenyu coal mine in China’s Shanxi province. Rescuers at the site following a gas explosion at Liushenyu coal mine in China’s Shanxi province. https://www.businesstimes.com.sg/opinion-features/coming-vote-europes-soul The Business Times en 2026-05-24T12:00:00+08:00 The coming vote for Europe’s soul https://cassette.sphdigital.com.sg/image/businesstimes/ab1b850e564655eba876a98f0e204215272e3c7b690b0b267bdde615b7d2ce81 When different tariffs are levied on similar goods originating in different countries, the price differences can significantly distort international trade patterns. When different tariffs are levied on similar goods originating in different countries, the price differences can significantly distort international trade patterns. https://www.businesstimes.com.sg/international/iran-agreed-give-enriched-uranium-peace-deal-announced-trump-us-officials-say The Business Times en 2026-05-24T10:36:25+08:00 Iran agreed to give up enriched uranium in peace deal announced by Trump, US officials say https://cassette.sphdigital.com.sg/image/businesstimes/aa3fb12a736dd467bbc1872a99dfee1c95d21ef5ddee1af81e956e851d19d5ec A satellite imagery taken on Feb 1 shows a new roof over a previously destroyed building at Iran's Isfahan nuclear site. A satellite imagery taken on Feb 1 shows a new roof over a previously destroyed building at Iran's Isfahan nuclear site. https://www.businesstimes.com.sg/international/trump-says-us-iran-deal-largely-negotiated-would-reopen-hormuz The Business Times en 2026-05-24T08:48:26+08:00 Trump says US-Iran deal ‘largely negotiated’, would reopen Hormuz https://cassette.sphdigital.com.sg/image/businesstimes/2f96c71425ddf0775834acb42766b3f3dbd8eae071e8fa3ffa24dc6473cb8931 Weeks of war have left the vital Hormuz waterway closed to most shipping despite a nervous US-Iran ceasefire. Weeks of war have left the vital Hormuz waterway closed to most shipping despite a nervous US-Iran ceasefire. https://www.businesstimes.com.sg/international/global/suspect-21-dies-after-trading-gunfire-officers-near-white-house-us-secret-service The Business Times en 2026-05-24T08:10:23+08:00 Suspect, 21, dies after trading gunfire with officers near White House: US Secret Service https://cassette.sphdigital.com.sg/image/businesstimes/0b874eb2370058b039fdc3cbbc199b82702644ef686e1c5b387058daaea0e74b Law enforcement officers near the White House following reports of gunfire in Washington, DC, on May 23. Law enforcement officers near the White House following reports of gunfire in Washington, DC, on May 23. https://www.businesstimes.com.sg/companies-markets/transport-logistics/uber-explores-delivery-hero-takeover-fight-doordash-globally-sources The Business Times en 2026-05-23T15:42:35+08:00 Uber explores Delivery Hero takeover to fight DoorDash globally: sources https://cassette.sphdigital.com.sg/image/businesstimes/5f007c94faa389057d7c37abeb6eb273eceef8a68af7e270c5812f514cf22960 Uber on May 18 disclosed it had boosted its stake in Frankfurt-listed Delivery Hero. Uber on May 18 disclosed it had boosted its stake in Frankfurt-listed Delivery Hero. https://www.businesstimes.com.sg/international/least-90-dead-chinas-worst-coal-mine-disaster-over-16-years The Business Times en 2026-05-23T15:04:39+08:00 At least 90 dead in China’s worst coal mine disaster in over 16 years https://cassette.sphdigital.com.sg/image/businesstimes/f7eefce0f7a88bb3ed4df65872287e324319bef1976dc64a7f54dd123323f78d Rescuers work at the scene following a gas explosion at the Liushenyu coal mine in Qinyuan county, Shanxi province on May 23." Rescuers work at the scene following a gas explosion at the Liushenyu coal mine in Qinyuan county, Shanxi province on May 23." https://www.businesstimes.com.sg/international/global/three-months-trump-losing-iran-war The Business Times en 2026-05-23T14:53:16+08:00 Three months in, is Trump losing the Iran war? https://cassette.sphdigital.com.sg/image/businesstimes/be8e534fd22fa54e65f20687d5578fe65a38e11abaf625ca7919a8f823b2f3c8 US President Donald Trump is now at risk of seeing the US and its Gulf Arab allies emerge from the conflict worse off. US President Donald Trump is now at risk of seeing the US and its Gulf Arab allies emerge from the conflict worse off. https://www.businesstimes.com.sg/international/asean/indonesia-plans-beat-global-commodity-trading-giants-their-own-game The Business Times en 2026-05-23T13:25:10+08:00 Indonesia plans to beat global commodity trading giants at their own game https://cassette.sphdigital.com.sg/image/businesstimes/fa09794c85388ee572d18ce66394ea5e749ac1c9bbf0da53be72e33b46756c17 Traders provide crucial coal financing to small miners, raising doubts if the Danantara system can replace them. Traders provide crucial coal financing to small miners, raising doubts if the Danantara system can replace them. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/space-etfs-booming-anticipation-spacex-ipo The Business Times en 2026-05-23T12:38:26+08:00 Space ETFs booming in anticipation of SpaceX IPO https://cassette.sphdigital.com.sg/image/businesstimes/1c4a503d5d9c3f74e623dfdd87aabf1504f1ad239e4085ed6b2a55b6b6b457c8 Space-related ETFs have attracted US$1.3 billion in new cash in the last month alone, according to Morningstar Direct. Space-related ETFs have attracted US$1.3 billion in new cash in the last month alone, according to Morningstar Direct. https://www.businesstimes.com.sg/startups-tech/startups/anthropic-nears-us30-billion-funding-round-top-openai-most-valuable-ai-startup The Business Times en 2026-05-23T11:34:50+08:00 Anthropic nears US$30 billion funding round to top OpenAI as most valuable AI startup https://cassette.sphdigital.com.sg/image/businesstimes/46e8d7d6a459afa50f57906fc38b15e156ec8ffd30f9a099249c294f926850ac Anthropic has developed a series of AI tools aimed at overhauling the way businesses handle tasks from coding to cybersecurity. Anthropic has developed a series of AI tools aimed at overhauling the way businesses handle tasks from coding to cybersecurity. https://www.businesstimes.com.sg/companies-markets/energy-commodities/india-raises-diesel-petrol-prices-third-time-eight-days The Business Times en 2026-05-23T10:04:00+08:00 India raises diesel, petrol prices for third time in eight days https://cassette.sphdigital.com.sg/image/businesstimes/1ee7a243514f3f055762d8c0e39c5973ff26652d8398adbd025fc7838cafca7d Prices of both fuels rose by nearly 1%, or less than one rupee. Prices of both fuels rose by nearly 1%, or less than one rupee. https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-prices-settle-higher-slow-progress-us-iran-peace-talks The Business Times en 2026-05-23T09:45:01+08:00 Oil prices settle higher on slow progress in US-Iran peace talks https://cassette.sphdigital.com.sg/image/businesstimes/9e4611811ab6b7d2f10b75fb00d3d75c882b92d62edfc0d3c3f2ac96302fe495 US West Texas Intermediate (WTI) futures finished at US$96.60 a barrel, up 25 cents or 0.26%. US West Texas Intermediate (WTI) futures finished at US$96.60 a barrel, up 25 cents or 0.26%. https://www.businesstimes.com.sg/international/global/trump-force-foreigners-seeking-green-cards-go-home-first The Business Times en 2026-05-23T09:25:42+08:00 Trump to force foreigners seeking green cards to go home first https://cassette.sphdigital.com.sg/image/businesstimes/131321a0d6f733936403f8054a6b587ca27ea1878e71610f08507f6581f7d77b The policy change could impact hundreds of thousands of people a year and potentially reduce legal immigration further amid a sweeping government crackdown. The policy change could impact hundreds of thousands of people a year and potentially reduce legal immigration further amid a sweeping government crackdown. https://www.businesstimes.com.sg/international/global/warsh-takes-feds-helm-inflation-climbs-consumer-sentiment-dives The Business Times en 2026-05-23T08:31:28+08:00 Warsh takes the Fed’s helm as inflation climbs, consumer sentiment dives https://cassette.sphdigital.com.sg/image/businesstimes/ea9d36e284d713b8695247c0d52d7630cc789a86a8662b278167b6ef3975c12b Supreme Court Justice Clarence Thomas swears in new Federal Reserve chair Kevin Warsh (left) next to his wife Jane Lauder, in the East Room of the White House on May 22. Supreme Court Justice Clarence Thomas swears in new Federal Reserve chair Kevin Warsh (left) next to his wife Jane Lauder, in the East Room of the White House on May 22. https://www.businesstimes.com.sg/international/global/us-secretary-state-rubio-sees-progress-iran-talks-more-work-be-done The Business Times en 2026-05-23T08:14:59+08:00 US Secretary of State Rubio sees progress in Iran talks, more work to be done https://cassette.sphdigital.com.sg/image/businesstimes/1c5216f0f0e35ee79da48ef1b88c26924604b0cb680c49f02e607cc32d6ed327 “There’s more work to be done. We’re not there yet. I hope we get there,” United States Secretary of State Marco Rubio said. “There’s more work to be done. We’re not there yet. I hope we get there,” United States Secretary of State Marco Rubio said. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/wall-street-rises-dow-hits-record-high-middle-east-hopes-lift-sentiment The Business Times en 2026-05-23T08:01:18+08:00 Wall Street rises, Dow hits record high as Middle East hopes lift sentiment https://cassette.sphdigital.com.sg/image/businesstimes/7453ab4a80208d3738dee899874599ce9bd3c970ee32258317e20b4dc105b249 The Dow Jones Industrial Average rose 294.04 points, or 0.58%, to 50,579.70, a record closing high. The Dow Jones Industrial Average rose 294.04 points, or 0.58%, to 50,579.70, a record closing high. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-end-more-one-month-high-tech-boost The Business Times en 2026-05-23T07:41:19+08:00 European shares end at more than one-month high on tech boost https://cassette.sphdigital.com.sg/image/businesstimes/1f678221153e4deaa8b6d9ce7ec4e3512ca22178801674fdae395352afbc3bec Germany’s DAX led gains among regional indexes with a 1.1% rise. Germany’s DAX led gains among regional indexes with a 1.1% rise. https://www.businesstimes.com.sg/opinion-features/benefits-and-dangers-optimism The Business Times en 2026-05-23T07:00:00+08:00 The benefits – and dangers – of optimism https://cassette.sphdigital.com.sg/image/businesstimes/b61a05c44d353cb4c42706db9a4f2f746a81256e4d0bb7684b45f67cf6174f23 Optimists are more likely to rise up organisational ladders, with one study finding that entrepreneurs and managers are more upbeat than employees. Optimists are more likely to rise up organisational ladders, with one study finding that entrepreneurs and managers are more upbeat than employees. https://www.businesstimes.com.sg/opinion-features/should-singapores-senior-counsel-title-include-corporate-general-counsel The Business Times en 2026-05-23T07:00:00+08:00 Should Singapore’s senior counsel title include corporate general counsel? https://cassette.sphdigital.com.sg/image/businesstimes/e9f1e032a75b0f8ee2856cc2c5943fbdbb6f470dac8b9ed9f029796893fca2e1 Expanding the Senior Counsel designation to include general counsel would require a redefinition of what it signals to the courts, the profession and the public. Expanding the senior counsel designation to include general counsel would require a redefinition of what it signals to the courts, the profession and the public. https://www.businesstimes.com.sg/opinion-features/what-singapore-structured-gender-bonds-reveal-about-future-capital-markets The Business Times en 2026-05-23T07:00:00+08:00 What Singapore-structured gender bonds reveal about the future of capital markets https://cassette.sphdigital.com.sg/image/businesstimes/49b7bc092463fc048eb2ba24a30afab2732c41da838df08be72f56506faa8efe Gender-focused finance may become another segment through which Singapore intermediates cross-border capital flows across Asia. Gender-focused finance may become another segment through which Singapore intermediates cross-border capital flows across Asia. https://www.businesstimes.com.sg/companies-markets/ui-boustead-reit-boustead-unit-co-invest-s104-million-seletar-aerospace-facility The Business Times en 2026-05-23T00:16:51+08:00 UI Boustead Reit, Boustead unit to co-invest in S$104 million Seletar aerospace facility https://cassette.sphdigital.com.sg/image/businesstimes/1ab85b102e3ff03646a1f59ce5ea97445e20b4ca1514621e0cefeefca4551fc2 The facility will be located in Seletar Aerospace Park on a site of 322,800 sq ft. The facility will be located in Seletar Aerospace Park on a site of 322,800 sq ft. https://www.businesstimes.com.sg/companies-markets/banking-finance/feds-waller-says-next-move-likely-be-rate-hike-cut The Business Times en 2026-05-22T23:04:07+08:00 Fed’s Waller says next move as likely to be rate hike as cut https://cassette.sphdigital.com.sg/image/businesstimes/69a172804c606d96706e3ab006bf3d0eb749a29f25c59d3097aaa8d27988f200 Federal Reserve Governor Christopher Waller said the oil shock could dissipate soon, but added, “I can no longer rule out rate hikes further down the road if inflation does not abate soon." Federal Reserve Governor Christopher Waller said the oil shock could dissipate soon, but added, “I can no longer rule out rate hikes further down the road if inflation does not abate soon."