https://www.businesstimes.com.sg/companies-markets/transport-logistics/chinas-xpeng-backed-local-govt-investment-fund-undisclosed-sum The Business Times en 2026-05-27T13:03:20+08:00 China's Xpeng backed by local govt investment fund with undisclosed sum https://cassette.sphdigital.com.sg/image/businesstimes/9374a5821bb19aca221036318b42f4123119e17ad8f772a8632e38b3b33fd30b The automaker which is pivoting toward robotaxis, humanoid robots and flying cars, did not disclose the size of the backing by the investment fund. The automaker which is pivoting toward robotaxis, humanoid robots and flying cars, did not disclose the size of the backing by the investment fund. https://www.businesstimes.com.sg/esg/preparing-climate-risks-helps-companies-weather-iran-war-shocks-sgx-regco The Business Times en 2026-05-27T13:00:00+08:00 Preparing for climate risks helps companies weather Iran war shocks: SGX RegCo https://cassette.sphdigital.com.sg/image/businesstimes/cba91d0d2a865c826e1c33413229879610e5cc96641cd04e89a097643ee84385 When a company discloses that its emissions are falling, it suggests that its business model is evolving as it reduces its reliance on fossil fuels.  When a company discloses that its emissions are falling, it suggests that its business model is evolving as it reduces its reliance on fossil fuels.  https://www.businesstimes.com.sg/companies-markets/how-grab-rebuilding-its-engineering-culture-around-ai-speed The Business Times en 2026-05-27T12:55:38+08:00 How Grab is rebuilding its engineering culture around AI speed https://cassette.sphdigital.com.sg/image/businesstimes/0cd83209d3024f94ba137c593c7e1c37d99d21f4b89076b01b1c96b6289392f2 Grab chief technology officer Suthen Thomas says: “We maintain a strict boundary between casual prototyping and actual production to ensure our engineering standards remain uncompromising." Grab chief technology officer Suthen Thomas argues that artificial intelligence makes writing code cheap while making checking code rare. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/sk-hynix-joins-us1-trillion-club-after-samsung-micron-ai-chip-boom The Business Times en 2026-05-27T12:20:33+08:00 SK Hynix joins US$1 trillion club after Samsung, Micron on AI chip boom https://cassette.sphdigital.com.sg/image/businesstimes/296204b1f875ee2f57bbf800c78b0f14715dc18b3293c909ecbf046ee5e9fba2 With Wednesday’s rally, Samsung and SK Hynix accounted for half of the index by market capitalisation. With Wednesday’s rally, Samsung and SK Hynix accounted for half of the index by market capitalisation. https://www.businesstimes.com.sg/companies-markets/blackrock-sees-merit-large-scale-mining-m The Business Times en 2026-05-27T11:52:29+08:00 BlackRock sees merit in large scale mining M&A https://cassette.sphdigital.com.sg/image/businesstimes/77067b27e12b48f1e287b3a2bc063e08b3e76d8310cf691067ec35ca563ed624 BlackRock holds stakes in both miners, as well as top global miner BHP. BlackRock holds stakes in both miners, as well as top global miner BHP. https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-holds-loss-traders-weigh-prospects-us-iran-deal The Business Times en 2026-05-27T09:31:57+08:00 Gold holds loss as traders weigh prospects for US-Iran deal https://cassette.sphdigital.com.sg/image/businesstimes/1cfb919eb0d47ec79ff52fe5040fb727e4d9468874fce1249d13635d631d5830 Bullion was near US$4,510 an ounce in early trading, having fallen 1.4% on Tuesday. Bullion was near US$4,510 an ounce in early trading, having fallen 1.4% on Tuesday. https://www.businesstimes.com.sg/companies-markets/chinas-humanoid-robotics-startup-unitree-fast-tracks-shanghai-ipo-target-us6-2-billion-valuation The Business Times en 2026-05-27T09:10:05+08:00 China’s humanoid robotics startup Unitree fast-tracks Shanghai IPO with target US$6.2 billion valuation https://cassette.sphdigital.com.sg/image/businesstimes/ee02428b2ab241d162f05dff262a28bfd5fd1f310b7451844946b22bbf40a29a The rapid progress comes amid a boom in embodied AI – robots integrated with artificial intelligence The rapid progress comes amid a boom in embodied AI – robots integrated with artificial intelligence https://www.businesstimes.com.sg/international/trump-administration-proposes-ndas-federal-workers-crack-down-leaks-journalists The Business Times en 2026-05-27T08:43:45+08:00 Trump administration proposes NDAs for federal workers to crack down on leaks to journalists https://cassette.sphdigital.com.sg/image/businesstimes/2b8d3201f96919ae3a03a8175205021cb43b17c20fdfcaf07b93477c84945d2f Trump and members of his administration have filed at least five lawsuits against major media companies since his second term began. Trump and members of his administration have filed at least five lawsuits against major media companies since his second term began. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-sp-500-nasdaq-hit-record-closing-highs-ai-optimism-micron-joins-us1-trillion-club The Business Times en 2026-05-27T08:21:05+08:00 US stocks: S&P 500, Nasdaq hit record closing highs on AI optimism, Micron joins US$1 trillion club https://cassette.sphdigital.com.sg/image/businesstimes/1b1747b556d4ec3a9c1e54ce8e866ac882f85faac387072b3b37b71946947f5d All three major US indices gained at the start of trading on Wednesday. Upbeat earnings and renewed confidence in AI trade have driven US equities higher despite the ongoing conflict with Iran. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-equities-slip-us-strikes-iran-cloud-peace-prospects The Business Times en 2026-05-27T08:07:58+08:00 European equities slip as US strikes on Iran cloud peace prospects https://cassette.sphdigital.com.sg/image/businesstimes/d82e0c3caf8baa2c817b9560d50165e38c160a12ed7118439558d7b3e89dc50d The Stoxx 600 was up 0.67 per cent at 629.28 points at 0818 GMT on Monday, just shy of a record high touched in late February. The pan-European Stoxx 600 fell 0.6% to 628.01 points. https://www.businesstimes.com.sg/companies-markets/energy-commodities/brent-crude-jumps-4-us-strikes-iran-set-back-hopes-hormuz-re-opening The Business Times en 2026-05-27T07:58:18+08:00 Brent crude jumps 4%, as US strikes in Iran set back hopes for Hormuz re-opening https://cassette.sphdigital.com.sg/image/businesstimes/64ba08a26eb1caf9e5fffc98b44cfe34cc9639911165b8217074e284c53a471b Crude prices are still on pace for a loss in May as a fragile ceasefire and push to reopen Hormuz outweigh signs of fast-depleting stockpiles. WTI closed at its lowest since Apr 22 on Tuesday, while US gasoline futures fell 7% and US diesel dropped 4% to their lowest closes in five weeks. https://www.businesstimes.com.sg/opinion-features/ev-race-japans-most-dangerous-rival-could-be-closer-home-china The Business Times en 2026-05-27T07:30:00+08:00 In the EV race, Japan’s most dangerous rival could be closer to home than China https://cassette.sphdigital.com.sg/image/businesstimes/c8efd57e0dffdc5b7bc6bd4fc9e00c2c4cbced27efa5bb35efadd5177ec06023 Toyota may be the world's biggest car company by volume, but it has hardly set the world of EVs alight, mainly because it has continued to bet heavy on hybrids (like the above, the Vellfire Hybrid). Toyota may be the world's biggest car company by volume, but it has hardly set the world of EVs alight, mainly because it has continued to bet heavily on hybrids such as the Vellfire Hybrid. https://www.businesstimes.com.sg/opinion-features/asean-will-benefit-breakthrough-trade-deal-between-uk-and-gulf-states The Business Times en 2026-05-27T07:30:00+08:00 Asean will benefit from breakthrough trade deal between UK and Gulf states https://cassette.sphdigital.com.sg/image/businesstimes/4246776b7782650babc04333e17e0284ec0e9fdff0cc1b9e53440f1ef80983b6 A cargo ship docks at the Dammam Port in Saudi Arabia. Middle Eastern nations have been doubling down on trade with Asean and the broader Asian continent. A cargo ship docks at the Dammam Port in Saudi Arabia. Middle Eastern nations have been doubling down on trade with Asean and the broader Asian continent. https://www.businesstimes.com.sg/opinion-features/will-washingtons-cuba-campaign-succeed-time The Business Times en 2026-05-27T07:15:00+08:00 Will Washington’s Cuba campaign succeed this time? https://cassette.sphdigital.com.sg/image/businesstimes/29b86ba698a74b7bb9637787958d51f1caa9b1409348e8b716c2989d65b7ef8f Cuba is more economically fragile than at any point since 1993, with nationwide blackouts now routine. Cuba is more economically fragile than at any point since 1993, with nationwide blackouts now routine. https://www.businesstimes.com.sg/opinion-features/pakistan-defying-some-long-held-investing-myths The Business Times en 2026-05-27T07:00:00+08:00 Pakistan is defying some long-held investing myths https://cassette.sphdigital.com.sg/image/businesstimes/26fd86086957ca6eea2f42a719a004d484b3014e05b72acc09bb1448474f9c8a The energy shock from the Strait of Hormuz's closure has not led to a collapse of Pakistan's public finances. There is no currency crisis, either. The energy shock from the Strait of Hormuz's closure has not led to a collapse of Pakistan's public finances. There is no currency crisis, either. https://www.businesstimes.com.sg/wealth/wealth-investing/while-world-looks-west-returns-are-shifting-east The Business Times en 2026-05-27T07:00:00+08:00 While the world looks West, returns are shifting East https://cassette.sphdigital.com.sg/image/businesstimes/08d1662487a18cf5781f90122dff3f7404e7ca136d57bf0ed844ba53e69f6310 Spanning 10 diverse economies including Singapore, Asean has a combined GDP of over US$4 trillion, making it one of the most dynamic growth engines globally. Spanning 10 diverse economies including Singapore, Asean has a combined GDP of over US$4 trillion, making it one of the most dynamic growth engines globally. https://www.businesstimes.com.sg/opinion-features/chinas-diplomatic-successes-are-broad-shallow The Business Times en 2026-05-27T07:00:00+08:00 China’s diplomatic successes are broad but shallow https://cassette.sphdigital.com.sg/image/businesstimes/5908489e4ef16c3afdcc1694d052d8481a1f251527d9db7cfb7a10536ca03c92 Russian President Vladimir Putin was among a flurry of world leaders who visited China to meet Chinese President Xi Jinping in rapid succession recently. Russian President Vladimir Putin was among the world leaders who visited China to meet President Xi Jinping in rapid succession recently. https://www.businesstimes.com.sg/companies-markets/asia-insurers-increasing-infrastructure-debt-exposure-capital-rules-shift-schroders The Business Times en 2026-05-27T07:00:00+08:00 Asia insurers increasing infrastructure debt exposure as capital rules shift: Schroders https://cassette.sphdigital.com.sg/image/businesstimes/2a70e33ed18a6f2c278ef342369d94c3fe2fc97d18bafcf975639ad8d8a25791 Infrastructure debt is a subset of private credit that finances infrastructure assets such as power grids, transport networks and utilities, rather than the software or services built around them. Infrastructure debt is a subset of private credit that finances infrastructure assets such as power grids, transport networks and utilities, rather than the software or services built around them. https://www.businesstimes.com.sg/opinion-features/columns/investors-can-ride-taiwans-ai-boom-singapore-depository-receipts The Business Times en 2026-05-27T07:00:00+08:00 Investors can ride Taiwan’s AI boom with Singapore depository receipts https://cassette.sphdigital.com.sg/image/businesstimes/36a2f37c10dcaba95359fafd56fecb183d4caebe6a6b80a28fd8e972d0b12342 If there are Singapore depository receipts for Taiwan stocks, their accessibility for Singapore investors will be improved. If there are Singapore depository receipts for Taiwan stocks, their accessibility for Singapore investors will be improved. https://www.businesstimes.com.sg/international/american-airlines-equip-more-500-narrow-body-jets-starlink-wi-fi-2027 The Business Times en 2026-05-26T23:25:09+08:00 American Airlines to equip more than 500 narrow-body jets with Starlink Wi-Fi from 2027 https://cassette.sphdigital.com.sg/image/businesstimes/29caaadb2d28e739378223df92c6ab754915a2768165ca8773a53cdc87d90bd1 American Airlines currently offers free Wi-Fi for all customers enroled in its loyalty programme on nearly all of its flights in partnership with AT&T. American Airlines currently offers free Wi-Fi for all customers enroled in its loyalty programme on nearly all of its flights in partnership with AT&T. https://www.businesstimes.com.sg/international/us-consumer-confidence-ebbs-may-inflation-worries-mount The Business Times en 2026-05-26T22:40:16+08:00 US consumer confidence ebbs in May as inflation worries mount https://cassette.sphdigital.com.sg/image/businesstimes/8fbd5ef7b00d48b941d0707a60e840599f7f1556ac6ac723a980e7c517cf603b The Conference Board said its consumer confidence index slipped 0.7 points to 93.1 this month. The Conference Board said its consumer confidence index slipped 0.7 points to 93.1 this month. https://www.businesstimes.com.sg/companies-markets/us-stocks-gain-optimism-over-us-iran-deal-open-hormuz The Business Times en 2026-05-26T22:19:33+08:00 US stocks gain on optimism over US-Iran deal to open Hormuz https://cassette.sphdigital.com.sg/image/businesstimes/b4186d70ac61d00dda708dd32f15c9e360763720d645371c73481ef3a4c7c853 The S&P 500 Index opened 0.6 per cent higher on Tuesday (May 26) morning, on track for a fourth day of gains. The S&P 500 Index opened 0.6 per cent higher on Tuesday (May 26) morning, on track for a fourth day of gains. https://www.businesstimes.com.sg/companies-markets/ihh-healthcare-q1-net-profit-edges-3-rm528-million The Business Times en 2026-05-26T21:18:21+08:00 IHH Healthcare Q1 net profit edges up 3% to RM528 million https://cassette.sphdigital.com.sg/image/businesstimes/1f8ac58f7b2cbf4d3b4568704edb47f0d1ac83449b3b232c197e079125b35234 IHH Healthcare attributes its Q1 revenue growth to “sustained demand for quality healthcare services, a case mix of more acute patients and price adjustments to counter inflation”. IHH Healthcare attributes its Q1 revenue growth to “sustained demand for quality healthcare services, a case mix of more acute patients, and price adjustments to counter inflation”. https://www.businesstimes.com.sg/international/iran-says-new-us-strikes-violated-ceasefire The Business Times en 2026-05-26T20:50:31+08:00 Iran says new US strikes violated ceasefire https://cassette.sphdigital.com.sg/image/businesstimes/55b6fad8a3ab615ccbd24ab45c5679ba0b8b1ccd1295a45aa5cef307efa6e8b2 The war has caused an unprecedented oil supply shock, pushing up oil prices along with the costs of fuel, fertiliser and food. The war has caused an unprecedented oil supply shock, pushing up oil prices along with the costs of fuel, fertiliser and food. https://www.businesstimes.com.sg/property/allianz-said-have-leased-about-78000-sq-ft-shaw-tower The Business Times en 2026-05-26T20:26:04+08:00 Allianz said to have leased about 78,000 sq ft at Shaw Tower https://cassette.sphdigital.com.sg/image/businesstimes/418cee27d44ee4be323b7ea12f31f02d8ff6c69892709470b6f379f873f8e070 The new Shaw Tower in Beach Road in Singapore. BT PHOTO: KALPANA RASHIWALA The space Allianz has leased is in the low zone of the 32-storey Shaw Tower. https://www.businesstimes.com.sg/international/eurozone-may-face-pockets-stress-private-credit-not-systemic-risk-ecb The Business Times en 2026-05-26T20:24:30+08:00 Eurozone may face pockets of stress from private credit, not systemic risk: ECB https://cassette.sphdigital.com.sg/image/businesstimes/bd93243ea8ff2099cc4642c0a4264ee271d8b7c0876813f7b2888af77c9f2850 The European Central Bank noted that some private credit-reliant companies in the eurozone were showing deteriorating business prospects. The European Central Bank noted that some private credit-reliant companies in the eurozone were showing deteriorating business prospects. https://www.businesstimes.com.sg/international/mangos-jonathan-andic-steps-back-after-being-named-suspect-fathers-death The Business Times en 2026-05-26T20:21:31+08:00 Mango’s Jonathan Andic steps back after being named suspect in father’s death https://cassette.sphdigital.com.sg/image/businesstimes/3abda8ce27e1f26a090b11999fad7e96f468bf845f9127c8501f8a9037b3d3b6 A Spanish court last week named Jonathan Andic as a suspect in the death of his father, who died in December 2024 after falling more than 100 metres from a cliff while the two were hiking together. A Spanish court last week named Jonathan Andic as a suspect in the death of his father, who died in December 2024 after falling more than 100 metres from a cliff while the two were hiking together. https://www.businesstimes.com.sg/international/bitcoin-volatility-hits-nine-month-low-crypto-takes-breather The Business Times en 2026-05-26T20:18:01+08:00 Bitcoin volatility hits nine-month low as crypto takes breather https://cassette.sphdigital.com.sg/image/businesstimes/7b00b899804a6826c027d25b0306b27c415c728aff36d283a638e90ddebb5e9f US spot-Bitcoin exchange-traded funds have seen net outflows of about US$1 billion so far in May. US spot-Bitcoin exchange-traded funds have seen net outflows of about US$1 billion so far in May. https://www.businesstimes.com.sg/companies-markets/indonesian-court-upholds-earlier-dismissal-2-28-trillion-rupiah-claim-keppel-units-land The Business Times en 2026-05-26T20:16:07+08:00 Indonesian court upholds earlier dismissal of 2.28 trillion rupiah claim on Keppel unit’s land https://cassette.sphdigital.com.sg/image/businesstimes/a6090419d0d9e66cbba5375099d61c4e69c3c61a88cee4d633fe859c69c4ef29 The latest ruling comes after the claimant submitted an appeal against the South Jakarta District Court's Feb 9 decision that declared his lawsuit "inadmissible". The latest ruling comes after the claimant submitted an appeal against the South Jakarta District Court's Feb 9 decision that declared his lawsuit "inadmissible". https://www.businesstimes.com.sg/singapore/singaporean-accused-us-insider-trading-denied-bail The Business Times en 2026-05-26T20:00:12+08:00 Singaporean accused by US of insider trading denied bail https://cassette.sphdigital.com.sg/image/businesstimes/039b37b9990098c3e1f1aa1b7835eaa4ff66ce93b29c2b102ef9b572435c201f Ge Zhi was arrested by Singapore Police Force’s Commercial Affairs Department officers in July 2024. Ge Zhi was arrested by Singapore Police Force’s Commercial Affairs Department officers in July 2024. https://www.businesstimes.com.sg/wealth/wealth-investing/how-resist-nudge-invest-rumour The Business Times en 2026-05-26T19:51:07+08:00 How to resist the nudge to invest by rumour https://cassette.sphdigital.com.sg/image/businesstimes/ecca9809f6523227b8623d2a10a8448af723548b4ef8d17de9a7edcb3b77c27d Investors who manage to resist investing by rumours share a few habits: One of them is that they check the source before checking the story. Investors who manage to resist investing by rumours share a few habits: One of them is that they check the source before checking the story. https://www.businesstimes.com.sg/property/one-raffles-place-attracting-interest-ioi-cli-tycoons-sources The Business Times en 2026-05-26T19:33:54+08:00 One Raffles Place attracting interest from IOI, CLI, tycoons: sources https://cassette.sphdigital.com.sg/image/businesstimes/1654a8fdd0d8850946257a093a688a61aeaeb55a48ec7dd7bcd38d0092c3d603 One Raffles Place was worth S$2.37 billion based on a valuation of the Reit’s stake at the end of 2025. It has 702,980 square feet of lettable space. One Raffles Place was worth S$2.37 billion based on a valuation of the Reit’s stake at the end of 2025. It has 702,980 square feet of lettable space. https://www.businesstimes.com.sg/companies-markets/singapore-stocks-fall-us-strikes-iran-despite-peace-talks-sti-down-0-8 The Business Times en 2026-05-26T19:00:25+08:00 Singapore stocks fall as US strikes Iran despite peace talks; STI down 0.8% https://cassette.sphdigital.com.sg/image/businesstimes/4a8b483f143c0637b312f8d315b3eae40f90efa7a0d7fba29c58b541fc5c5979 The benchmark Straits Times Index is down 41.75 points at 5,028.80. The benchmark Straits Times Index is down 41.75 points at 5,028.80. https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-may-261 The Business Times en 2026-05-26T18:36:24+08:00 Daily Debrief: What Happened Today (May 26) https://cassette.sphdigital.com.sg/image/businesstimes/8767fc2a17c6a55cb924be83ef5c3e7caeb0fb441f30f4154df5731195d92f8f A semiconductor fabrication plant. The linchpin electronics sector surges 44% for the month, extending March's 29% rise. A semiconductor fabrication plant. The linchpin electronics sector surges 44% for the month, extending March's 29% rise. https://www.businesstimes.com.sg/international/asean/wilmar-musim-mas-among-palm-oil-firms-indonesia-under-probe-suspected-export-under-invoicing The Business Times en 2026-05-26T18:33:13+08:00 Wilmar, Musim Mas among palm-oil firms in Indonesia under probe for suspected export under-invoicing https://cassette.sphdigital.com.sg/image/businesstimes/40e8be62aa0067de0f3c44a9d40ba8f3d547641a7d3ba9ebb34b6298c1cbfdef Purbaya Yudhi Sadewa, Indonesia's finance minister, during an interview in Jakarta, Indonesia, on Thursday, April 2, 2026. Photographer: Rosa Panggabean/Bloomberg Indonesia's Finance Minister Purbaya Yudhi Sadewa says figures in the reported export data are roughly 50% lower than the actual numbers. https://www.businesstimes.com.sg/international/trump-and-warshs-fates-are-now-tied-better-or-worse The Business Times en 2026-05-26T18:16:58+08:00 Trump and Warsh’s fates are now tied, for better or worse https://cassette.sphdigital.com.sg/image/businesstimes/e915eca7bacf6e285bf9066c1575f81c39b05419a91324b486550cbec3776603 Kevin Warsh (left) has been asked to “do your own thing and do a great job” by US President Donald Trump. Kevin Warsh (left) has been asked to “do your own thing and do a great job” by US President Donald Trump. https://www.businesstimes.com.sg/property/ntt-docomo-has-sold-tokyo-land-plots-59-billion-yen-amid-property-market-boom-sources The Business Times en 2026-05-26T18:14:02+08:00 NTT Docomo has sold Tokyo land plots for 59 billion yen amid property market boom: sources https://cassette.sphdigital.com.sg/image/businesstimes/8acbf0c9da28bf3b3e22bede3b0841625763e679dc3afdd699b79ec4cf761a7c Foreign and domestic investors have been flocking to Japan’s real estate market to buy properties that have been rising in price but are still seen by market players as having scope to gain. Foreign and domestic investors have been flocking to Japan’s real estate market to buy properties that have been rising in price but are still seen by market players as having scope to gain. https://www.businesstimes.com.sg/international/quad-launches-indo-pacific-monitor-plan-hormuz-crisis-deepens The Business Times en 2026-05-26T17:56:41+08:00 Quad launches Indo-Pacific monitor plan as Hormuz crisis deepens https://cassette.sphdigital.com.sg/image/businesstimes/e64da0e19e31410754b9fce4021bf21bd3574dfc7057e54032a42258979f0c8e US Secretary of State Marco Rubio announces plans on energy and critical minerals partnerships within the bloc. US Secretary of State Marco Rubio announces plans on energy and critical minerals partnerships within the bloc. https://www.businesstimes.com.sg/international/china-expands-travel-curbs-top-ai-talent-private-firms The Business Times en 2026-05-26T17:49:07+08:00 China expands travel curbs to top AI talent at private firms https://cassette.sphdigital.com.sg/image/businesstimes/41cd2444fdbb631885dccc10e89924ff734310985b1e65ad1ec6f5153f63e745 Chinese government agencies have begun imposing restrictions on individuals involved in advanced AI work and considered strategically important to the country. Chinese government agencies have begun imposing restrictions on individuals involved in advanced AI work and considered strategically important to the country. https://www.businesstimes.com.sg/international/rents-soar-londoners-turn-vacant-pubs-offices-and-police-stations The Business Times en 2026-05-26T17:40:21+08:00 As rents soar, Londoners turn to vacant pubs, offices and police stations https://cassette.sphdigital.com.sg/image/businesstimes/c9cba1c97df33c1b1e200287c5a045e1e1df6376ebb161b30e08786d6135d02a Liam McGovren has lived in eight locations as a guardian since 2021, including in an office, a pub and as the sole occupant of a boutique hotel (above). Liam McGovren at The Kings Arms Hotel, a former boutique hotel, now a guardian property in London. McGovren has lived in eight locations as a guardian since 2021. https://www.businesstimes.com.sg/startups-tech/startups/ai-unlikely-lead-jobs-apocalypse-openai-ceo-altman-says The Business Times en 2026-05-26T17:06:28+08:00 AI unlikely to lead to ‘jobs apocalypse’, OpenAI CEO Altman says https://cassette.sphdigital.com.sg/image/businesstimes/07dbf6d1238d0f901c473cfc3940c34432817248c74f6f06121ba011f7098ee9 OpenAI CEO Sam Altman says: "It really, in both positive and negative ways, updated me to thinking that the jobs picture is likely to be very different than we thought.” OpenAI CEO Sam Altman says: "It really, in both positive and negative ways, updated me to thinking that the jobs picture is likely to be very different than we thought.” https://www.businesstimes.com.sg/international/bojs-new-trend-gauge-shows-inflation-exceeding-target The Business Times en 2026-05-26T16:55:58+08:00 BOJ’s new trend gauge shows inflation exceeding target https://cassette.sphdigital.com.sg/image/businesstimes/a82ec01e5ff29beac1ce80dfd029fd1d8580c89b1983fe1f602f9aad095a8b10 The Bank of Japan began disclosing the data from March to enhance communication on underlying inflation. The Bank of Japan began disclosing the data from March to enhance communication on underlying inflation. https://www.businesstimes.com.sg/companies-markets/energy-commodities/malaysia-jolts-bullion-trade-10-import-duty-gold-bars The Business Times en 2026-05-26T16:19:49+08:00 Malaysia jolts bullion trade with 10% import duty on gold bars https://cassette.sphdigital.com.sg/image/businesstimes/a57407e06fc57080db19796d37e495533a55002e898ec9c19de89d81d4689b5e Gold rallied to a record earlier this year, stoking investor interest in the commodity, including in Asia. Gold rallied to a record earlier this year, stoking investor interest in the commodity, including in Asia. https://www.businesstimes.com.sg/companies-markets/banking-finance/sri-lanka-jolts-markets-outsized-100-bp-rate-hike-counter-gulf-crisis The Business Times en 2026-05-26T15:49:32+08:00 Sri Lanka jolts markets with outsized 100-bp rate hike to counter Gulf crisis https://cassette.sphdigital.com.sg/image/businesstimes/89b5629fca51ce008800bdffd42032377425aed6fb1acb2a604e025870864ac5 The central bank says headline inflation is likely to remain above the target of 5 per cent in the period ahead, before easing and stabilising around it. The central bank says headline inflation is likely to remain above the target of 5 per cent in the period ahead, before easing and stabilising around it. https://www.businesstimes.com.sg/companies-markets/energy-commodities/indonesias-merdeka-gold-eyes-hong-kong-debut-rare-depositary-receipt-listing The Business Times en 2026-05-26T15:39:58+08:00 Indonesia’s Merdeka Gold eyes Hong Kong debut with rare depositary receipt listing https://cassette.sphdigital.com.sg/image/businesstimes/cfa0a7dc1ab21176a36ee74404d1f99221e0a84942e87ba67fc880c05cfdb56c Merdeka is a unit of listed miner Merdeka Copper Gold, which is backed by the likes of coal baron Garibaldi Thohir. For Merdeka Gold, the listing would offer an alternate venue at a time when Indonesia’s stock market is under pressure. https://www.businesstimes.com.sg/wealth/wealth-investing/alternative-investings-next-phase-tackling-portfolio-challenges The Business Times en 2026-05-26T15:32:56+08:00 Alternative investing’s next phase: tackling portfolio challenges https://cassette.sphdigital.com.sg/image/businesstimes/c3b45e267c7a6432ea1da77e7e173ffbe313d853d0bb3b699b4ee7cfc995ca59 Investors are asking more sophisticated questions than they were even just a year ago. Investors are asking more sophisticated questions than they were even just a year ago. https://www.businesstimes.com.sg/wealth/wealth-investing/look-sustainable-investing-mitigate-systemic-risks The Business Times en 2026-05-26T15:23:40+08:00 Look to sustainable investing to mitigate systemic risks https://cassette.sphdigital.com.sg/image/businesstimes/2485a91220d2283f1eacc016306d6cf0afe3292a8b9ca6adc2341799ba9d1549 Food security risks are mounting in Asia, stemming from population growth, climate shocks and resource insecurity. Food security risks are mounting in Asia, stemming from population growth, climate shocks and resource insecurity. https://www.businesstimes.com.sg/wealth/wealth-investing/end-easy-cash-returns-forces-rethink-fixed-income The Business Times en 2026-05-26T15:00:15+08:00 The end of easy cash returns forces a rethink of fixed income https://cassette.sphdigital.com.sg/image/businesstimes/f802c58ad6449025b8df4b6c6875e8522faa47a1734e7fe98fc4f5be30390609 With US dollar cash rates now closer to the mid-3% range, its relative appeal has diminished compared to recent years. With US dollar cash rates now closer to the mid-3% range, its relative appeal has diminished compared to recent years. https://www.businesstimes.com.sg/companies-markets/transport-logistics/sats-may-reward-shareholders-special-dividend-if-theres-spare-cash The Business Times en 2026-05-26T14:47:25+08:00 Sats may reward shareholders with special dividend if there’s spare cash https://cassette.sphdigital.com.sg/image/businesstimes/6957c54ff84c7212896b6e5acdcdeb05975b372a4832669ac6a6af5a311bd4e4 CEO Kerry Mok says Sats has “a lot of growth opportunities”, including investments in AI and new geographies, as well as refreshing its assets. CEO Kerry Mok says Sats has “a lot of growth opportunities”, including investments in AI and new geographies, as well as refreshing its assets. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/samsungs-non-chip-union-seeks-court-order-block-vote-40-trillion-won-bonus-deal The Business Times en 2026-05-26T14:25:38+08:00 Samsung’s non-chip union seeks court order to block vote on 40-trillion won bonus deal https://cassette.sphdigital.com.sg/image/businesstimes/9ed582b779f52e1d304f1fae64c62db407747fe8e01258e0541f06007c1686a4 Workers are demanding a greater share of earnings as Samsung is on track to become one of the world’s most profitable firms by the end of the year. Workers are demanding a greater share of earnings as Samsung is on track to become one of the world’s most profitable firms by the end of the year. https://www.businesstimes.com.sg/international/global/india-and-china-surge-ahead-nuclear-energy-all-eyes-aseans-next-move The Business Times en 2026-05-26T13:00:00+08:00 As India and China surge ahead with nuclear energy, all eyes on Asean’s next move https://cassette.sphdigital.com.sg/image/businesstimes/015a086cef0be12db3c9f18beeba937f8a226f843c7811a5a9603bf6b5812749 Nuclear power “is very much back in the conversation” in Asia, says one expert. Nuclear power “is very much back in the conversation” in Asia, say industry observers. https://www.businesstimes.com.sg/esg/ai-driven-electricity-demand-powering-hybrid-financing-advanced-nuclear-startups The Business Times en 2026-05-26T13:00:00+08:00 AI-driven electricity demand powering hybrid financing for advanced nuclear startups https://cassette.sphdigital.com.sg/image/businesstimes/228c0021088737d9f150e1ac805894cc5f62cece4ba1db88bd6ec638b4d56bc8 While solar and wind are the most mature and commercially viable clean energy sources, they are intermittent sources of power and often require battery storage to mitigate that problem.  While solar and wind are the most mature and commercially viable clean energy sources, they are intermittent sources of power.  https://www.businesstimes.com.sg/singapore/economy-policy/singapore-factory-output-17-6-april-ai-related-electronics-surge-beating-forecasts The Business Times en 2026-05-26T13:00:00+08:00 Singapore factory output up 17.6% in April on AI-related electronics surge, beating forecasts https://cassette.sphdigital.com.sg/image/businesstimes/8767fc2a17c6a55cb924be83ef5c3e7caeb0fb441f30f4154df5731195d92f8f A semiconductor fabrication plant. Singapore's linchpin electronics sector is up 44%, extending March's 29% rise. A semiconductor fabrication plant. The linchpin electronics sector is up 44%, extending March's 29% rise. https://www.businesstimes.com.sg/singapore/smes/enterprisesg-imda-launch-refreshed-retail-industry-digital-plan-help-retailers-adopt-ai The Business Times en 2026-05-26T12:44:57+08:00 EnterpriseSG, IMDA launch refreshed Retail Industry Digital Plan to help retailers adopt AI https://cassette.sphdigital.com.sg/image/businesstimes/dd70a88a9a778fb8d4716f1b92c0b79eeaa5bb7dd3b43724a00cc07e959a8b51 Senior Minister of State for Trade and Industry Low Yen Ling says it is important to build a "vibrant, competitive and future-ready" retail sector amid rapid advances in AI. Senior Minister of State for Trade and Industry Low Yen Ling says it is important to build a "vibrant, competitive and future-ready" retail sector amid rapid advances in AI. https://www.businesstimes.com.sg/international/global/why-china-tightening-controls-overseas-stock-trading The Business Times en 2026-05-26T12:17:27+08:00 Why China is tightening controls on overseas stock trading https://cassette.sphdigital.com.sg/image/businesstimes/19380458769eb7199f6f907a17007be225684cd637ce313cb6e440731fe97851 The CSRC is leading the effort, along with the National Financial Regulatory Administration, which handles consumer protection and supervises banks. The CSRC is leading the effort, along with the National Financial Regulatory Administration, which handles consumer protection and supervises banks. https://www.businesstimes.com.sg/companies-markets/banking-finance/mufg-explores-options-stake-indonesias-danamon-including-take-private-deal-sources The Business Times en 2026-05-26T12:17:14+08:00 MUFG explores options for stake in Indonesia’s Danamon including take-private deal: sources https://cassette.sphdigital.com.sg/image/businesstimes/e97fc84cde9e4ec1cc0a5b8f2cea78a47208dfb265f733c1b0762adcff3ad00c MUFG owns about 92.5% of Danamon, which has a market value of almost 47 trillion rupiah. MUFG owns about 92.5% of Danamon, which has a market value of almost 47 trillion rupiah. https://www.businesstimes.com.sg/singapore/property-group-lee-kim-tah-reaches-settlement-ex-director-ongoing-misconduct-probe The Business Times en 2026-05-26T12:00:00+08:00 Property group Lee Kim Tah reaches settlement with ex-director in ongoing misconduct probe https://cassette.sphdigital.com.sg/image/businesstimes/62151157aa5227189ffa6d7ae8bd7a900d304604740e6ed6c3cb011c6a28c072 LKT commenced proceedings in the Singapore High Court against Edmund Cheah in May 2025, alleging breaches of fiduciary duties and duties of fidelity. LKT commenced proceedings in the Singapore High Court against Edmund Cheah in May 2025, alleging breaches of fiduciary duties and duties of fidelity. https://www.businesstimes.com.sg/property/canberra-drive-executive-condo-site-first-test-market-after-ec-rules-tightened The Business Times en 2026-05-26T11:28:01+08:00 Canberra Drive executive condo site is first to test market after EC rules tightened https://cassette.sphdigital.com.sg/image/businesstimes/36d5cbfaf306507fa4c21b36b5af4a72c55eea531827cf0e4d63eae0cf668b91 Spanning about 11,535 sq m, the parcel can yield about 185 units. Spanning about 11,535 sq m, the parcel can yield about 185 units. https://www.businesstimes.com.sg/singapore/cpf-interest-rates-hold-steady-q3 The Business Times en 2026-05-26T11:16:00+08:00 CPF interest rates to hold steady in Q3 https://cassette.sphdigital.com.sg/image/businesstimes/46a34b50aa2efb2ef442b35894a8f3c28f95a44e612405c8621729d524b11cf1 The concessionary interest rate for HDB housing loans, which is pegged at 0.1 per cent above the OA rate, will remain unchanged at 2.6 per cent a year. The concessionary interest rate for HDB housing loans will remain unchanged at 2.6% a year. https://www.businesstimes.com.sg/international/asean/johor-property-old-hand-ksl-readies-family-handover-amid-market-boom The Business Times en 2026-05-26T11:03:58+08:00 Johor property old hand KSL readies family handover amid market boom https://cassette.sphdigital.com.sg/image/businesstimes/f8e0d67f164ab35118898efa6a2fdf2a9d6ce776b8a511af7bab42e3cf1950a0 Khoo Lee Feng, whose academic background seems far removed from her work as executive director of KSL, says it is “not so much what you study, but how you learn”. KSL's Khoo Lee Feng says it is "not so much what you study, but how you learn". https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/starbucks-korea-top-executives-apologise-tank-day-promotion-boycott-hits-revenue The Business Times en 2026-05-26T11:00:45+08:00 Starbucks Korea top executives apologise as ‘Tank Day’ promotion boycott hits revenue https://cassette.sphdigital.com.sg/image/businesstimes/b405812dc801dc10cfc8d9c9699dccb2e6087f0e6723b37f074ed12604eede36 Starbucks stores in downtown Seoul were noticeably quieter over the weekend. Starbucks stores in downtown Seoul were noticeably quieter over the weekend. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/taiwan-overtakes-india-worlds-fifth-largest-stock-market The Business Times en 2026-05-26T10:44:30+08:00 Taiwan overtakes India as the world’s fifth-largest stock market https://cassette.sphdigital.com.sg/image/businesstimes/e741c8b7c0b134ce042be0b2a44df39a339537c66a5e6c894d279a1f98bb6382 Taiwan’s stock market now comes behind only the US, mainland China, Japan and Hong Kong. Taiwan’s stock market now comes behind only the US, mainland China, Japan and Hong Kong. https://www.businesstimes.com.sg/international/asean/indonesian-sovereign-wealth-fund-ina-joins-data-centre-boom The Business Times en 2026-05-26T10:36:55+08:00 Indonesian sovereign wealth fund INA joins data centre boom https://cassette.sphdigital.com.sg/image/businesstimes/af90bbb532a818888734452aa7481342c91c279b634669825df87c6473b5e935 More than three years into a bull market fuelled by excitement about AI, two key pillars remain intact: Big Tech profit growth continues to outpace the rest of the market, and the flow of money into AI infrastructure keeps growing. INA’s commitment to AI infrastructure underscores a global rush to invest in data centres and other beneficiaries of the machine- learning revolution. https://www.businesstimes.com.sg/international/iran-signals-potential-easing-internet-blackout-amid-us-talks The Business Times en 2026-05-26T10:10:57+08:00 Iran signals potential easing of Internet blackout amid US talks https://cassette.sphdigital.com.sg/image/businesstimes/3a77fafb840cc8160f549ab5c27e8d4d510637708bd1456e5990d14b48d4a6ef Millions of people inside Iran have relied on virtual private networks or been steered towards domestic, state-controlled alternatives. Millions of people inside Iran have relied on virtual private networks or been steered towards domestic, state-controlled alternatives. https://www.businesstimes.com.sg/companies-markets/shares-sats-6-4-after-posting-rise-q4-earnings The Business Times en 2026-05-26T09:51:40+08:00 Shares of Sats up 6.4% after posting rise in Q4 earnings https://cassette.sphdigital.com.sg/image/businesstimes/a947a3668a0204a53e9cc7f1df92a65e8bdf7411b57cf7d923c55882d9298df0 Sats' Q4 revenue stands at S$1.6 billion, up 9.8% year on year from S$1.5 billion. Sats' Q4 revenue stands at S$1.6 billion, up 9.8% year on year from S$1.5 billion. https://www.businesstimes.com.sg/companies-markets/banking-finance/firms-must-help-staff-plan-ai-job-cuts-become-inevitable-top-australia-banker-says The Business Times en 2026-05-26T09:50:59+08:00 Firms must help staff plan as AI job cuts become inevitable, top Australia banker says https://cassette.sphdigital.com.sg/image/businesstimes/9542ce0cfdb943a3854eefd7d42f51a0a185fbc0cba1895b8aa7f0ce5dcad93a CBA has emerged as a tech leader among Australian banks, forging an investment with Anthropic alongside ties to OpenAI. CBA has emerged as a tech leader among Australian banks, forging an investment with Anthropic alongside ties to OpenAI. https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-slips-strikes-raise-concerns-iran-talks-inflation The Business Times en 2026-05-26T09:05:43+08:00 Gold slips as strikes raise concerns on Iran talks, inflation https://cassette.sphdigital.com.sg/image/businesstimes/8719422f2deca455a23299f97d1e8c090c915ffff229fb05d5c9fe71eefaa9ee Higher borrowing costs weigh on bullion, which does not pay interest. Traders ramped up rate-hike bets as the war sent energy prices soaring and fanned inflation concerns. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/china-traders-rush-exit-after-cross-border-flow-crackdown The Business Times en 2026-05-26T08:40:08+08:00 China traders rush for exit after cross-border flow crackdown https://cassette.sphdigital.com.sg/image/businesstimes/ec09e96dc2b14afe2046bc9662ed025da6de38b3ec00efda007c79c0e2348909 China’s been trying to beef up its fiscal coffers as land sales revenue dried up and local governments are debt laiden due to excessive borrowing. Beijing has said that the measures are designed to clean up the capital market and steer investors towards regulated channels for overseas investment. https://www.businesstimes.com.sg/companies-markets/stocks-watch-sats-flct-boustead-singapore The Business Times en 2026-05-26T08:32:51+08:00 Stocks to watch: Sats, FLCT, Boustead Singapore https://cassette.sphdigital.com.sg/image/businesstimes/b06dc1addae3db0664aeb9eb550282065e69bddf638fa99b105cf7b3c964eb63 ST20250807_202521200683 Kua Chee Siong/ pixgeneric/ Generic pix of SATS logo on the facade of their building located in the Changi AirFreight Centre, on Aug 7, 2025. Sats on May 25 posted a net profit of S$50.7 million for its fourth quarter ended Mar 31, an increase of 31% from S$38.7 million in the year-ago period. https://www.businesstimes.com.sg/international/scorching-asian-summer-will-add-risk-surging-gas-prices The Business Times en 2026-05-26T08:05:55+08:00 A scorching Asian summer will add to risk of surging gas prices https://cassette.sphdigital.com.sg/image/businesstimes/e72666369dd30b66f42346ec9c92118899e3caa7515068cff30e601d699d2870 Forecasts currently point to hotter-than-normal summer temperatures in East Asia. Meteorologists are expecting that El Nino will emerge from June to August, and strengthen in subsequent months. https://www.businesstimes.com.sg/startups-tech/engie-factory-asia-pacific-acquired-new-zealand-venture-capital-firm-pacific-channel The Business Times en 2026-05-26T08:00:00+08:00 Engie Factory Asia-Pacific is acquired by New Zealand venture capital firm Pacific Channel https://cassette.sphdigital.com.sg/image/businesstimes/f186eb479eda14f082f116750d8233594956b5ba1b8328e545210e8e04ba888b Brent Ogilvie, managing partner at Pacific Channel, said the acquisition marks "a significant expansion" of the firm's climate-tech investment platform across the Apac region, and extends their presence and active early-stage investment model beyond Australia and New Zealand into South-east Asia. Pacific Channel's Brent Ogilvie says the acquisition marks "a significant expansion" of the firm's climate-tech investment platform across Apac. https://www.businesstimes.com.sg/opinion-features/glp-1-tsunami-headed-vice-industry-good The Business Times en 2026-05-26T07:15:00+08:00 A GLP-1 tsunami is headed for the vice industry. Good. https://cassette.sphdigital.com.sg/image/businesstimes/8e8fdb23f08a7c33e7b6c110342fea47c848c7de4c859f1f437a7931f402baf5 A pharmaceutical firm in India has launched a weight-loss injection that costs from 1,290 rupees (S$17) a month. A pharmaceutical firm in India has launched a weight-loss injection that costs from 1,290 rupees (S$17) a month. https://www.businesstimes.com.sg/international/chinese-tech-giants-dangle-record-pay-packets-court-singapore-trained-ai-graduates The Business Times en 2026-05-26T07:00:00+08:00 Chinese tech giants dangle record pay packets to court Singapore-trained AI graduates https://cassette.sphdigital.com.sg/image/businesstimes/0560b7958b1536c691ac8f76a22f2af64acc7568f349c4f720fc659f35dee4bd A pop-up career fair by Chinese online travel giant Trip.com on the NTU campus in Boon Lay on April 16, where roles for AI engineers and data analysts were highlighted. A pop-up career fair by Chinese online travel giant Trip.com on the NTU campus in Boon Lay on April 16, where roles for AI engineers and data analysts were highlighted. https://www.businesstimes.com.sg/opinion-features/how-singapore-and-vietnam-should-build-strategic-complementarity The Business Times en 2026-05-26T07:00:00+08:00 How Singapore and Vietnam should build strategic complementarity https://cassette.sphdigital.com.sg/image/businesstimes/84d30eed284e0169b488c5d452a2980283f63ca0aec86530e0966306486e9514 The Vietnam-Singapore Industrial Park network remains one of the most concrete symbols of the partnership between both countries. The Vietnam-Singapore Industrial Park network remains one of the most concrete symbols of the partnership between both countries. https://www.businesstimes.com.sg/companies-markets/energy-commodities/aramco-transfer-prefchem-stakes-malaysias-petronas The Business Times en 2026-05-26T06:59:21+08:00 Aramco to transfer PRefChem stakes to Malaysia’s Petronas https://cassette.sphdigital.com.sg/image/businesstimes/151f0aae4833e4df67431cbe2dbfd84a81d0b4f1d450373dc786555b7b6ab1f5 The tanker – which the data showed was chartered by Petco, a unit of Malaysian state energy firm Petronas – is among seven Malaysia-linked vessels cleared by Iran to transit the strait. Full ownership will give Petronas the flexibility to source crude beyond the Gulf and direct output to meet surging regional fuel demand. https://www.businesstimes.com.sg/international/global/us-forces-launch-fresh-strikes-targets-southern-iran-even-peace-talks-proceed The Business Times en 2026-05-26T06:50:48+08:00 US forces launch fresh strikes on targets in southern Iran even as peace talks proceed https://cassette.sphdigital.com.sg/image/businesstimes/72518460aa15a2134585d6b70c5b320f0352b7240f3f2e439d52d693a40dc772 A mural depicting Iran's late Supreme Leader Ayatollah Ali Khamenei in Teheran on May 25. Iran said nuclear issues would only be negotiated on if the framework accord is agreed first. A mural depicting Iran's late Supreme Leader Ayatollah Ali Khamenei in Teheran on May 25. Iran said nuclear issues would only be negotiated on if the framework accord with the US is agreed first. https://www.businesstimes.com.sg/international/global/even-after-strait-hormuz-deal-moving-1500-ships-wont-be-easy The Business Times en 2026-05-26T06:31:38+08:00 Even after a Strait of Hormuz deal, moving 1,500 ships won’t be easy https://cassette.sphdigital.com.sg/image/businesstimes/649211b45f1bddca9a8888cf416aa4cffb94230f4bbc12328d63e825716b5130 Ships that have been maintained by skeleton crews of seafarers, about 20,000 in all, have to be restarted. Iran has threatened to exercise control of the strait and recently established a regulatory agency to run operations there. https://www.businesstimes.com.sg/opinion-features/iran-war-coming-your-diet-coke The Business Times en 2026-05-26T06:30:00+08:00 The Iran war is coming for your Diet Coke https://cassette.sphdigital.com.sg/image/businesstimes/449fdf3c0428b0b9e555b7e59efc184f79f743a0e5ed1ad3a6ed2b15beb2ec32 The closure of the Strait of Hormuz has disrupted exports of aluminium from smelters in the Persian Gulf, and that has hit beverage manufacturers in India. The closure of the Strait of Hormuz has disrupted exports of aluminium from smelters in the Persian Gulf, and that has hit beverage manufacturers in India. https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-rebounds-strikes-near-strait-muddy-outlook-iran-deal The Business Times en 2026-05-26T05:54:15+08:00 Oil rebounds as strikes near strait muddy outlook for Iran deal https://cassette.sphdigital.com.sg/image/businesstimes/64ba08a26eb1caf9e5fffc98b44cfe34cc9639911165b8217074e284c53a471b Crude prices are still on pace for a loss in May as a fragile ceasefire and push to reopen Hormuz outweigh signs of fast-depleting stockpiles. Crude prices are still on pace for a loss in May as a fragile ceasefire and push to reopen Hormuz outweigh signs of fast-depleting stockpiles. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/europes-stoxx-600-wipes-out-iran-war-losses-peace-deal-hopes-ai-optimism The Business Times en 2026-05-26T05:42:40+08:00 Europe’s Stoxx 600 wipes out Iran war losses on peace deal hopes, AI optimism https://cassette.sphdigital.com.sg/image/businesstimes/899f5edd09ef3812778b55e7c88e19c96badf13de325be7ad02c3bc4a0226e61 Investors will look to inflation data from major eurozone economies this week for signs of the Iran war’s impact. Investors will look to inflation data from major eurozone economies this week for signs of the Iran war’s impact. https://www.businesstimes.com.sg/podcasts/who-are-buying-private-homes-and-how-do-agents-stay-relevant-propnexs-ceo-kelvin-fong The Business Times en 2026-05-26T05:00:00+08:00 Who are buying private homes and how do agents stay relevant? With PropNex’s CEO Kelvin Fong https://cassette.sphdigital.com.sg/image/businesstimes/a5092d7254b05d0b8657f70ab823749ac666f4603ae50f3d24a533002fdc07d1 What is the state of play in the resale market for private homes? What is the state of play in the resale market for private homes? https://www.businesstimes.com.sg/companies-markets/boustead-more-doubles-h2-profit-s197-7-million The Business Times en 2026-05-26T00:24:13+08:00 Boustead more than doubles H2 profit to S$197.7 million https://cassette.sphdigital.com.sg/image/businesstimes/1ab85b102e3ff03646a1f59ce5ea97445e20b4ca1514621e0cefeefca4551fc2 Boustead attributes its FY2026 performance primarily to the sale of assets to UI Boustead Reit. Boustead attributes its FY2026 performance primarily to the sale of assets to UI Boustead Reit. https://www.businesstimes.com.sg/international/trump-links-abraham-accords-any-iran-deal-asks-muslim-nations-normalise-relations-israel The Business Times en 2026-05-25T23:27:55+08:00 Trump links Abraham Accords to any Iran deal, asks Muslim nations to normalise relations with Israel https://cassette.sphdigital.com.sg/image/businesstimes/176ece998b8a12d4901688f039fd347978ce6f75079c2c7971e4414a4a3b65a2 President Donald Trump says this will complement an interim peace deal he’s negotiating with Iran. President Donald Trump says this will complement an interim peace deal he’s negotiating with Iran. https://www.businesstimes.com.sg/companies-markets/frasers-logistics-commercial-trust-grows-presence-europe-4-property-acquisitions The Business Times en 2026-05-25T23:21:40+08:00 Frasers Logistics & Commercial Trust grows presence in Europe with 4 property acquisitions https://cassette.sphdigital.com.sg/image/businesstimes/0f0272a5e99645cbb6a466fd02963ed8537a61d35146e2e135c3cfdb987a42d6 One of the acquired properties is located in Dusseldorf, Germany. One of the acquired properties is located in Dusseldorf, Germany. https://www.businesstimes.com.sg/companies-markets/sats-posts-31-rise-q4-profit-despite-impact-middle-east-conflict The Business Times en 2026-05-25T22:30:41+08:00 Sats posts 31% rise in Q4 profit despite impact of Middle East conflict https://cassette.sphdigital.com.sg/image/businesstimes/81a14324ed599f03e5b6d719bc3bdaadbd54747c5978e0967b9708f18d75ffba Sats president and CEO Kerry Mok says the group has been "working closely with customers to maintain their cargo flows as routes and lanes shift" amid the Middle East conflict. Sats president and CEO Kerry Mok says the group has been "working closely with customers to maintain their cargo flows as routes and lanes shift" amid the Middle East conflict. https://www.businesstimes.com.sg/international/asean/eldest-son-vietnams-richest-man-steps-vinfast-chair The Business Times en 2026-05-25T21:58:29+08:00 Eldest son of Vietnam’s richest man steps up as VinFast chair https://cassette.sphdigital.com.sg/image/businesstimes/7a0e9e87494f7f38132fc91c48eaac0e7b9a1af0741eda592b13853ec8557563 Pham Nhat Quan Anh, 33, is also vice-chairman and standing deputy general director at VinFast Trading and Production. Pham Nhat Quan Anh, 33, is also vice-chairman and standing deputy general director at VinFast Trading and Production. https://www.businesstimes.com.sg/international/global/us-iran-edge-closer-deal-still-need-negotiate-points The Business Times en 2026-05-25T21:05:40+08:00 US, Iran edge closer to deal but still need to negotiate points https://cassette.sphdigital.com.sg/image/businesstimes/48feda1f88e253f1f953e2efe8cd7175f00c53774349e0365b192dd799925eab Oil prices fell on Monday after Washington and Teheran indicated they were close to agreeing a broad framework. Oil prices fell on Monday after Washington and Teheran indicated they were close to agreeing a broad framework. https://www.businesstimes.com.sg/companies-markets/governance-workforce-gaps-hinder-companies-ai-adoption-despite-rising-investments-kpmg The Business Times en 2026-05-25T20:13:53+08:00 Governance, workforce gaps hinder companies’ AI adoption despite rising investments: KPMG https://cassette.sphdigital.com.sg/image/businesstimes/4408ba1192a8816ecb55ccb0c56f7a9cf76a6528917b6c5c33fdbc601a83d254 From left: Gerry Chng, partner, head of cyber, advisory, KPMG in Singapore; Lyon Poh, partner, head of corporate transformation and AI, KPMG in Singapore; Lee Sze Yeng, managing partner, KPMG in Singapore; Jasmin Lau, Minister of State for Digital Development and Information and Education; Jermaine Loy, managing director of the Singapore Economic Development Board (EDB). From left: KPMG in Singapore's Gerry Chng, Lyon Poh and Lee Sze Yeng; Minister of State for Digital Development and Information Jasmin Lau; and EDB's Jermaine Loy at the AI CoE's launch. https://www.businesstimes.com.sg/singapore/only-15-workers-singapore-feel-their-jobs-are-safe-amid-ai-driven-anxieties-survey The Business Times en 2026-05-25T19:14:38+08:00 Only 15% of workers in Singapore feel their jobs are safe amid AI-driven anxieties: survey https://cassette.sphdigital.com.sg/image/businesstimes/094799aa2a306e30a861bdb464bd6c849b3e3bfba7c0210af3bca17d405cf096 Younger workers in Singapore, aged between 18 and 26, were the most optimistic about their prospects, with 22 per cent saying they felt secure in their jobs. Younger workers in Singapore, aged between 18 and 26, are the most optimistic about their prospects. https://www.businesstimes.com.sg/companies-markets/singapore-stocks-rise-monday-amid-buzz-over-potential-us-iran-deal-sti-0-1 The Business Times en 2026-05-25T18:47:05+08:00 Singapore stocks rise on Monday amid buzz over potential US-Iran deal; STI up 0.1% https://cassette.sphdigital.com.sg/image/businesstimes/06fb1c698753ab6d9bfac64cd7e3ce3ad4e1c97ddb1c154514476b2266e3953e The benchmark STI is up 2.4 points at 5,070.55. The benchmark STI is up 2.4 points at 5,070.55. https://www.businesstimes.com.sg/international/pope-leo-warns-ai-should-be-prevented-dominating-humanity The Business Times en 2026-05-25T18:44:27+08:00 Pope Leo warns AI should be prevented from ‘dominating humanity’ https://cassette.sphdigital.com.sg/image/businesstimes/ee55eaeea41ed26b877eb9e888af9e92b943b95a180fe0ed28af0dd53ff868ec Pope Leo XIV prepares to speak during the presentation of "Magnifica humanitas", his first encyclical, focused on the rise of AI, at the Vatican, May 25, 2026. Pope Leo XIV prepares to speak during the presentation of "Magnifica humanitas", his first encyclical, focused on the rise of AI, at the Vatican, May 25, 2026. https://www.businesstimes.com.sg/opinion-features/after-american-order-how-mid-sized-states-could-become-middle-powers The Business Times en 2026-05-25T18:30:00+08:00 After the American order: How mid-sized states could become middle powers https://cassette.sphdigital.com.sg/image/businesstimes/feadd877a51660c6e98617e97d4553a137cb4903cfd5d80fe0c003ee35414325 The combination of their interests and capacity to pursue them means that middle powers desire, and could prove pivotal to the emergence of, a new world order. The combination of their interests and capacity to pursue them means that middle powers desire, and could prove pivotal to the emergence of, a new world order. https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-may-25 The Business Times en 2026-05-25T18:30:00+08:00 Daily Debrief: What Happened Today (May 25) https://cassette.sphdigital.com.sg/image/businesstimes/f1a1901a1297e369198a3f55addba5cd45909198a0952ceb36feb32197fd18a5 A view of the Port of Singapore, Pasir Panjang Terminal 1. Electronic shipments expanded by 57.8% in Q1, up from the 23.4% increase the previous quarter. Electronic shipments expanded by 57.8% in Q1, up from the 23.4% increase the previous quarter. https://www.businesstimes.com.sg/opinion-features/narrow-door-out-hormuz-war The Business Times en 2026-05-25T18:00:00+08:00 A narrow door out of the Hormuz war https://cassette.sphdigital.com.sg/image/businesstimes/797b3ce7fddc6d0f7e47589a27a8a1c40846cf28758da368dbae20d1ec4fc8b1 Iranian mines in the strait have done what no Opec quota ever could: throttled the world’s most important energy artery and driven US inflation to its highest level in years. Iranian mines in the strait have throttled the world’s most important energy artery and driven US inflation to its highest level in years. https://www.businesstimes.com.sg/international/global/japans-takaichi-unveils-3-trillion-yen-extra-budget-reassures-bond-issuance The Business Times en 2026-05-25T17:58:49+08:00 Japan’s Takaichi unveils 3 trillion yen extra Budget, reassures on bond issuance https://cassette.sphdigital.com.sg/image/businesstimes/09d9c1e5b535bf686b9ad346663b1ed3a7e63777ec8e6c81b9e90b3d89c827e1 Japan's PM said any additional issuance of deficit-financing bonds to fund the extra budget is likely to be offset by higher tax revenue and others. Japan's PM said any additional issuance of deficit-financing bonds to fund the extra budget is likely to be offset by higher tax revenue and others. https://www.businesstimes.com.sg/singapore/high-court-raps-uob-over-inconsistent-legal-positions-late-mortgage-payment-charges The Business Times en 2026-05-25T17:50:48+08:00 High Court raps UOB over inconsistent legal positions on late mortgage payment charges https://cassette.sphdigital.com.sg/image/businesstimes/1abd31475d44b56b63739dd7d665dd10e0a10c92d0f74a47fc3d3f1af96be1b9 The High Court said UOB has taken inconsistent legal positions on late payment charges in mortgage cases. The High Court said UOB has taken inconsistent legal positions on late payment charges in mortgage cases. https://www.businesstimes.com.sg/singapore/farmland-south-lim-chu-kang-be-zoned-defence-land-further-north-be-used-agriculture The Business Times en 2026-05-25T17:26:43+08:00 Farmland south of Lim Chu Kang to be zoned for defence, land further north to be used for agriculture https://cassette.sphdigital.com.sg/image/businesstimes/57bc202ff055588348e405055c61619daa229458080d6c267fc05f0bf1d6cc06 Gallop Kranji Farm Resort is among five lease-holders currently occupying the southern plots at Neo Tiew Lane and Neo Tiew Road. Gallop Kranji Farm Resort is among five leaseholders currently occupying the southern plots at Neo Tiew Lane and Neo Tiew Road. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-climb-over-two-month-highs-iran-us-peace-optimism The Business Times en 2026-05-25T17:15:44+08:00 European shares climb to over two-month highs on Iran-US peace optimism https://cassette.sphdigital.com.sg/image/businesstimes/d82e0c3caf8baa2c817b9560d50165e38c160a12ed7118439558d7b3e89dc50d The Stoxx 600 was up 0.67 per cent at 629.28 points at 0818 GMT on Monday, just shy of a record high touched in late February. The Stoxx 600 was up 0.67 per cent at 629.28 points at 0818 GMT on Monday, just shy of a record high touched in late February. https://www.businesstimes.com.sg/international/malaysia-reports-fallout-iran-war-industries-get-hit The Business Times en 2026-05-25T16:19:48+08:00 Malaysia reports fallout from Iran war as industries get hit https://cassette.sphdigital.com.sg/image/businesstimes/c805cc02e6691a3c25ae1a9c222558a8f9f295a8ad454692dc018b0ef3e38c76 Malaysia's Economy Minister Akmal Nasrullah Mohd Nasir said the investment figures tell only part of the story as the harder test lies ahead on how fast the authorities could turn the approvals into projects, and plans into execution. Malaysia's Economy Minister Akmal Nasrullah Mohd Nasir said the number of workers who lost their jobs rose 21 per cent to 7,057 in April from March. https://www.businesstimes.com.sg/singapore/erp-charges-may-resume-orchard-road-if-congestion-area-worsens-lta The Business Times en 2026-05-25T16:10:44+08:00 ERP charges may resume in Orchard Road if congestion in the area worsens: LTA https://cassette.sphdigital.com.sg/image/businesstimes/9db1c215fa67b75c0a4f65ec7f6e5e43ac239357bd0a02ef84101b32f395270d LTA is closely monitoring traffic in the Orchard area, which has seen speeds persistently lower than optimal. LTA is closely monitoring traffic in the Orchard area, which has seen speeds persistently lower than optimal. https://www.businesstimes.com.sg/companies-markets/banking-finance/ecb-convening-bank-meeting-fix-flaws-exposed-ai-models-report The Business Times en 2026-05-25T16:10:09+08:00 ECB convening bank meeting to fix flaws exposed by AI models: report https://cassette.sphdigital.com.sg/image/businesstimes/e840a29702d2877b2ba6b7826978d180e4c04b74f69f5003aae9493a96a241fb Mythos, which can identify unknown flaws in IT systems, has sent a wave of anxiety across Europe as Anthropic is limiting access to it. Mythos, which can identify unknown flaws in IT systems, has sent a wave of anxiety across Europe as Anthropic is limiting access to it. https://www.businesstimes.com.sg/international/thailands-trade-deficit-hits-record-us10-billion-imports-soar The Business Times en 2026-05-25T16:02:43+08:00 Thailand’s trade deficit hits record US$10 billion as imports soar https://cassette.sphdigital.com.sg/image/businesstimes/978fbce8779d2161859e8b610cd2e0430b6b675dbc0c94b3376585b1b89439f3 The trend of strong imports and a widening trade deficit is likely to continue if energy prices remain elevated and the AI boom continues to fuel trade flows. The trend of strong imports and a widening trade deficit is likely to continue if energy prices remain elevated and the AI boom continues to fuel trade flows. https://www.businesstimes.com.sg/opinion-features/should-buyers-get-more-excited-over-relatively-cheap-freehold-newport-residences The Business Times en 2026-05-25T15:56:10+08:00 Should buyers get more excited over relatively ‘cheap’ freehold Newport Residences? https://cassette.sphdigital.com.sg/image/businesstimes/56ce5a04fa4138361d4c24973365cbeca2d0f7c4220e3486f4bcac6dd2b00684 Newport Residences spans levels 23 to 45 of the 45-storey Newport Plaza, which will also have Grade A offices, F&B spaces and branded serviced apartments. Newport Residences spans levels 23 to 45 of the 45-storey Newport Plaza, which will also have Grade A offices, F&B spaces and branded serviced apartments. https://www.businesstimes.com.sg/companies-markets/banking-finance/japan-bond-yield-surge-deepens-regional-bank-stock-divide The Business Times en 2026-05-25T15:50:55+08:00 Japan bond yield surge deepens regional bank stock divide https://cassette.sphdigital.com.sg/image/businesstimes/a82ec01e5ff29beac1ce80dfd029fd1d8580c89b1983fe1f602f9aad095a8b10 Banking stock prices have more than doubled over the past several years since the Bank of Japan started raising interest rates and normalising monetary policy in March 2024. Banking stock prices have more than doubled over the past several years since the Bank of Japan started raising interest rates and normalising monetary policy in March 2024. https://www.businesstimes.com.sg/companies-markets/banking-finance/softbank-taps-retail-investors-us1-6-billion-yen-bond-deal The Business Times en 2026-05-25T15:50:47+08:00 SoftBank taps retail investors with US$1.6 billion yen bond deal https://cassette.sphdigital.com.sg/image/businesstimes/6f95d57267500c25c46491598643ad0734f49d0e980921ff0040f3569cabf938 SoftBank’s swift return to the retail bond market comes amid its growing funding needs for artificial intelligence-related investments. SoftBank’s swift return to the retail bond market comes amid its growing funding needs for artificial intelligence-related investments. https://www.businesstimes.com.sg/companies-markets/australian-shares-notch-two-week-closing-peak-middle-east-peace-hopes The Business Times en 2026-05-25T15:32:52+08:00 Australian shares notch two-week closing peak on Middle East peace hopes https://cassette.sphdigital.com.sg/image/businesstimes/3ad57876201f6b3d4692bf1739fa533fad449648a074cef2829262e16944ab18 The S&P/ASX 200 index rose 0.4 per cent to 8,692 at the close, its highest since May 11, extending gains for a third straight session. The S&P/ASX 200 index rose 0.4 per cent to 8,692 at the close, its highest since May 11, extending gains for a third straight session. https://www.businesstimes.com.sg/companies-markets/ai-boom-masks-mounting-risks-middle-east-energy-shock-mas-chief The Business Times en 2026-05-25T14:49:19+08:00 AI boom masks mounting risks from Middle East energy shock: MAS chief https://cassette.sphdigital.com.sg/image/businesstimes/71e5b8abd1983ef6f95a7ce2ba264f7da4f99762264420a0016ab13d12b2b817 Young Jin Yee, Co-Head UBS Global Wealth Management Asia Pacific and Country Head UBS Singapore, in conversation with Chia Der Jiun, Managing Director, Monetary Authority of Singapore, on the macro-economic outlook and evolving geopolitical landscape UBS' Young Jin Yee (left) in conversation with MAS' Chia Der Jiun on the macroeconomic outlook and evolving geopolitical landscape. https://www.businesstimes.com.sg/international/asean/vinhomes-lets-homebuyers-pay-gold-tapping-vietnams-vast-private-hoards The Business Times en 2026-05-25T14:18:50+08:00 Vinhomes lets homebuyers pay with gold, tapping Vietnam’s vast private hoards https://cassette.sphdigital.com.sg/image/businesstimes/2fd5a235379bec7924e638fd6d8a7f8e9857ce33b7c5c6e668bead1824e617fa Under Vinhome's scheme, the value of gold converted into cash must cover at least 80% of a property’s purchase price. Under Vinhome's scheme, the value of gold converted into cash must cover at least 80% of a property’s purchase price. https://www.businesstimes.com.sg/companies-markets/addvalue-tech-ends-20-3-higher-h2-earnings-surge The Business Times en 2026-05-25T13:42:32+08:00 Addvalue Tech ends 20.3% higher on H2 earnings surge  https://cassette.sphdigital.com.sg/image/businesstimes/16b3497edf6e0e3a6538d8917cc31f624f860e39ffac1b76be767afd75259665 For the full year, Addvalue’s net profit is up 147.5% at US$4.8 million, from US$2 million previously. For the full year, Addvalue’s net profit is up 147.5% at US$4.8 million, from US$2 million previously.