https://www.businesstimes.com.sg/singapore/singapore-must-act-firmly-when-others-seek-divide-it-edwin-tong-blocked-online-content The Business Times en 2026-06-06T16:25:56+08:00 Singapore must act firmly when others seek to divide it: Edwin Tong on blocked online content https://cassette.sphdigital.com.sg/image/businesstimes/12d23d0a77a3b376ad94f2c472d0a7086fbb85b3ecf2090c175c612439b390fc Law Minister Edwin Tong calls on Singaporeans to be more discerning when viewing online content and to not disseminate it if it is harmful. Law Minister Edwin Tong calls on Singaporeans to be more discerning when viewing online content and to not disseminate it if it is harmful. https://www.businesstimes.com.sg/international/hong-kong-monetary-authority-says-its-implemented-new-bank-rules-opening-accounts The Business Times en 2026-06-06T16:04:02+08:00 Hong Kong Monetary Authority says it’s implemented new bank rules for opening accounts https://cassette.sphdigital.com.sg/image/businesstimes/870a37daa6f8a249191c922b2113bb74d2bf1d60ade50fa7673b53a33eb8e3f5 The increased scrutiny of mainland Chinese bank clients is part of a broader push by Beijing to stem capital flight in an unprecedented crackdown on illegal cross-border trading. The increased scrutiny of mainland Chinese bank clients is part of a broader push by Beijing to stem capital flight in an unprecedented crackdown on illegal cross-border trading. https://www.businesstimes.com.sg/singapore/singapore-blocks-online-posts-targeting-indian-community-content-likely-china-based-platform The Business Times en 2026-06-06T16:00:53+08:00 Singapore blocks online posts targeting Indian community; content likely from China-based platform https://cassette.sphdigital.com.sg/image/businesstimes/74031da15c5997ccf06cfa140edaf9be737f1ccb65d2b46d86a05e5e07f4bcc7 MHA says: “Singapore firmly opposes nativism and xenophobia. Any attempt to pit one community against another here must be firmly rejected." MHA says: “Singapore firmly opposes nativism and xenophobia. Any attempt to pit one community against another here must be firmly rejected." https://www.businesstimes.com.sg/companies-markets/indonesian-officials-vow-again-steady-rupiah-draw-funds The Business Times en 2026-06-06T15:51:26+08:00 Indonesian officials vow again to steady rupiah, draw funds https://cassette.sphdigital.com.sg/image/businesstimes/ec3cd215ce9cd41b7ccda14fa86e99606cc602f1d477f45ff5831ae9439c9726 The rupiah has weakened about 8%, while foreign investors have pulled billions of dollars from Indonesian bonds. The rupiah has weakened about 8%, while foreign investors have pulled billions of dollars from Indonesian bonds. https://www.businesstimes.com.sg/international/thailand-may-seek-thaksin-bankruptcy-over-17-6-billion-baht-tax-debt The Business Times en 2026-06-06T15:16:18+08:00 Thailand may seek Thaksin bankruptcy over 17.6 billion baht tax debt https://cassette.sphdigital.com.sg/image/businesstimes/8087ba5420a41bc45e06f3bd65c6fddaa19c4a887ff5690fc00a22068c841529 The 76-year-old patriarch of the Shinawatra clan walked out of a Bangkok prison last month after serving eight months of a reduced sentence for corruption. The 76-year-old patriarch of the Shinawatra clan walked out of a Bangkok prison last month after serving eight months of a reduced sentence for corruption. https://www.businesstimes.com.sg/companies-markets/boeing-studying-boost-737-max-plane-production-highest-ever-rate The Business Times en 2026-06-06T14:42:54+08:00 Boeing studying boost of 737 Max plane production to highest-ever rate https://cassette.sphdigital.com.sg/image/businesstimes/4bf67bc12b6ad70d762c8703626d7d651d85f4c514ba4b413512da47af462bc9 The planemaker’s stated goal is to raise production to 63 jets a month. The planemaker’s stated goal is to raise production to 63 jets a month. https://www.businesstimes.com.sg/lifestyle/englands-world-cup-opener-set-cause-power-spike The Business Times en 2026-06-06T14:15:20+08:00 England’s World Cup opener is set to cause power spike https://cassette.sphdigital.com.sg/image/businesstimes/4c209626a55ecd42f3d9a9fefbe10309b71edab72a9ab865ad804e990be00ddf While this year’s expanded World Cup features 40 additional matches, the impact of each individual game on the grid is also smaller than it once was. While this year’s expanded World Cup features 40 additional matches, the impact of each individual game on the grid is also smaller than it once was. https://www.businesstimes.com.sg/international/anwars-battle-against-allies-shapes-key-malaysian-states-call-polls The Business Times en 2026-06-06T13:09:50+08:00 Anwar’s battle against allies shapes up as key Malaysian states call polls https://cassette.sphdigital.com.sg/image/businesstimes/2ce8b4fc2601566d3f065c9a52b6c7913c159f44941b639bfecdfbb332a69148 Over the past year, Anwar has faced an opposition-led protest demanding his ouster while his coalition performed poorly in November’s Sabah state elections. Over the past year, Anwar has faced an opposition-led protest demanding his ouster while his coalition performed poorly in November’s Sabah state elections. https://www.businesstimes.com.sg/companies-markets/tech-sell-bitcoin-drop-test-retail-investor-strength-ahead-spacex-ipo The Business Times en 2026-06-06T12:13:00+08:00 Tech sell-off, Bitcoin drop test retail investor strength ahead of SpaceX IPO https://cassette.sphdigital.com.sg/image/businesstimes/e4683f2f594bc19b8a8bef41a41ad9fd44def4d2673dd02571cd3e2457ddc178 Demand appears overwhelming for the rocket, satellite and AI company’s shares. Demand appears overwhelming for the rocket, satellite and AI company’s shares. https://www.businesstimes.com.sg/international/china-arms-itself-new-outbound-investment-rules The Business Times en 2026-06-06T11:08:49+08:00 China arms itself with new outbound investment rules https://cassette.sphdigital.com.sg/image/businesstimes/c710b2ec04b6d2aface495564a4a666d4eecf6d234b5ebb9613a4a4b0467acca Officials describe the measures as defensive tools that would not affect normal market transactions. Officials describe the measures as defensive tools that would not affect normal market transactions. https://www.businesstimes.com.sg/companies-markets/japan-spent-billions-prop-yen-why-it-still-weak The Business Times en 2026-06-06T10:02:09+08:00 Japan spent billions to prop up the yen. Why is it still weak? https://cassette.sphdigital.com.sg/image/businesstimes/8961cbbe02f38cc876818e9b4719136e5f33f5cb21e374e4f1f36588067603a5 The gap between Japan’s ultra-low interest rates and those in the US and other major economies remain wide. The gap between Japan’s ultra-low interest rates and those in the US and other major economies remain wide. https://www.businesstimes.com.sg/opinion-features/pet-insurance-demand-still-rising-growth-may-be-losing-bite The Business Times en 2026-06-06T10:00:00+08:00 Pet insurance demand still rising, but growth may be losing bite https://cassette.sphdigital.com.sg/image/businesstimes/6aaa700c80f362874016bc90d9649c9a7e8f594f159317478375478586cd1df0 Owner of pet bakery Mini Pawtisserie Angeline Chai, 26, takes care of her pomeranian's health by focusing on preventive care and investing in the dog's diet. Owner of pet bakery Mini Pawtisserie, Angeline Chai, 26, takes care of her pomeranian spitz's health by focusing on preventive care and investing in the dog's diet. https://www.businesstimes.com.sg/companies-markets/oil-prices-fall-mounting-hopes-de-escalation-us-iran-war The Business Times en 2026-06-06T08:55:36+08:00 Oil prices fall on mounting hopes for de-escalation in US-Iran War https://cassette.sphdigital.com.sg/image/businesstimes/b27366e62cd74cf9a74d6f221c9f3de7b02c15d3bdcb2144a368881577ef42bc US West Texas Intermediate crude finishes at US$90.54 a barrel, down US$2.50 or 2.7%. US West Texas Intermediate crude finishes at US$90.54 a barrel, down US$2.50 or 2.7%. https://www.businesstimes.com.sg/companies-markets/europe-shares-slip-tech-rally-stalls-middle-east-uncertainty-weighs The Business Times en 2026-06-06T08:14:40+08:00 Europe: Shares slip as tech rally stalls, Middle East uncertainty weighs https://cassette.sphdigital.com.sg/image/businesstimes/d82e0c3caf8baa2c817b9560d50165e38c160a12ed7118439558d7b3e89dc50d The pan-European Stoxx 600 index was down 0.3% at 622.66 points and lost 0.5% for the week. The pan-European Stoxx 600 index was down 0.3% at 622.66 points and lost 0.5% for the week. https://www.businesstimes.com.sg/companies-markets/us-wall-street-ends-sharply-lower-chips-slide-jobs-data-fuels-rate-hike-fears The Business Times en 2026-06-06T07:59:14+08:00 US: Wall Street ends sharply lower as chips slide, jobs data fuels rate hike fears https://cassette.sphdigital.com.sg/image/businesstimes/b68a4085f6af7c28d048cc0ce4168203a91337c47a490b23c1ada970220bfad1 All three major US stock indices close sharply lower, with plunging chip stocks dragging the tech-laden Nasdaq down. All three major US stock indices close sharply lower, with plunging chip stocks dragging the tech-laden Nasdaq down. https://www.businesstimes.com.sg/opinion-features/beyond-sephora-kids-why-asias-beauty-boom-might-hit-wall The Business Times en 2026-06-06T07:00:00+08:00 Beyond the ‘Sephora kids’: why Asia’s beauty boom might hit a wall https://cassette.sphdigital.com.sg/image/businesstimes/0112016808e55ecf9af0470c85914391282ccf87fd5a07f10ebbb416871791ce As fatigue grows around perfection-driven routines, the smart move for brands is not more correction, but moving towards concepts associated with "comfort beauty". As fatigue grows around perfection-driven routines, the smart move for brands is not more correction, but moving towards concepts associated with "comfort beauty". https://www.businesstimes.com.sg/lifestyle/jaecoo-8-review-three-row-suv-excels-one-thing The Business Times en 2026-06-06T07:00:00+08:00 Jaecoo 8 review: a three-row SUV that excels at one thing https://cassette.sphdigital.com.sg/image/businesstimes/e92315e5d81ce7a8d2c7f285ce17bd7cb491d46ef8f20cb31434cd1a90cd8a1c The Jaecoo 8 leads with its electric drive system, while a 1.5-litre turbocharged petrol engine plays a supporting role for when the 34.46 kWh battery runs low or the road ahead stretches out. The Jaecoo 8 leads with its electric drive system, while a 1.5-litre turbocharged petrol engine plays a supporting role for when the 34.46 kWh battery runs low or the road ahead stretches out. https://www.businesstimes.com.sg/companies-markets/seeking-job-finance-internships-are-crucial-fresh-grads-say-observers The Business Times en 2026-06-06T07:00:00+08:00 Seeking a job in finance? Internships are crucial for fresh grads, say observers https://cassette.sphdigital.com.sg/image/businesstimes/62e3048cb6ab56e094f9ad991f9d377ebe5de4523864c5be7628e34b28ec8d12 The proportion of new finance hires in Singapore with prior internship experience grew by more than six percentage points between 2020-2022 and 2023-2025. The proportion of new finance hires in Singapore with prior internship experience grew more than six percentage points between 2020-2022 and 2023-2025. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/sp-500-nasdaq-slip-open-after-solid-jobs-data-fuels-hawkish-fed-fears-chip-stocks-fall The Business Times en 2026-06-05T21:42:02+08:00 S&P 500, Nasdaq slip at open after solid jobs data fuels hawkish Fed fears; chip stocks fall https://cassette.sphdigital.com.sg/image/businesstimes/054f0586b18637b3e9e4d73dd7a840dccef57d699b59b5a9bfa01cda2b014c39 The Dow Jones Industrial Average rose 48.1 points, or 0.09%, at the open to 51610.02. The Dow Jones Industrial Average rose 48.1 points, or 0.09%, at the open to 51610.02. https://www.businesstimes.com.sg/international/us-posts-another-month-strong-job-gains-may-unemployment-rate-steady-4-3 The Business Times en 2026-06-05T20:51:37+08:00 US posts another month of strong job gains in May; unemployment rate steady at 4.3% https://cassette.sphdigital.com.sg/image/businesstimes/a7c952fe110304a91ae0ebaae7032b6a1512d22fbd53a02356bef4d0e187bce8 Nonfarm payrolls increased by 172,000 jobs last month after rising by an upwardly revised 179,000 in April. Nonfarm payrolls increased by 172,000 jobs last month after rising by an upwardly revised 179,000 in April. https://www.businesstimes.com.sg/companies-markets/banking-finance/singapore-investors-keep-funds-moomoo-tiger-brokers-longbridge-amid-china-curbs The Business Times en 2026-06-05T20:33:02+08:00 Singapore investors keep funds with Moomoo, Tiger Brokers, Longbridge amid China curbs https://cassette.sphdigital.com.sg/image/businesstimes/3595448512924798b35fb85524fd72907015ee8535b97769ab7958e75a1e0bf4 Moomoo, Tiger Brokers and Longbridge Securities are popular with many users in Singapore as they offer low-cost trading and features-rich apps. Moomoo, Tiger Brokers and Longbridge Securities are popular with many users in Singapore as they offer low-cost trading and features-rich apps. https://www.businesstimes.com.sg/companies-markets/transport-logistics/jpmorgan-upgrades-tesla-neutral-expects-robotics-drive-long-term-growth The Business Times en 2026-06-05T19:40:14+08:00 JPMorgan upgrades Tesla to ‘neutral’, expects robotics to drive long-term growth https://cassette.sphdigital.com.sg/image/businesstimes/b1af525b6b548c984656897450c637ef3694aaf59944c29cd02aecb25b360676 JPMorgan analysts say Tesla's revenue is forecast to more than double to roughly US$203 billion by 2030. JPMorgan analysts say Tesla's revenue is forecast to more than double to roughly US$203 billion by 2030. https://www.businesstimes.com.sg/property/ura-lifts-ban-new-hotels-hostels-and-serviced-apartments-boat-quay-beach-road-areas The Business Times en 2026-06-05T19:31:23+08:00 URA lifts ban on new hotels, hostels and serviced apartments in Boat Quay, Beach Road areas https://cassette.sphdigital.com.sg/image/businesstimes/09f3e73ccb4ebf88cc6dfefb9b3c25f611548e4fd00b741fa02f9f993a170ca7 National Development Minister Chee Hong Tat (extreme right) with other officials at the opening of the i Light Singapore festival. He notes that the government's new moves would allow developers and business owners to provide more diverse offerings to visitors.  From left: Adele Tan, URA deputy CEO and chief planner; Lim Eng Hwee, URA CEO; Eric Lim, UOB group chief sustainability officer; Ow Foong Pheng, URA chairperson; and Chee Hong Tat, minister for national development, at the opening of the i Light Singapore festival. https://www.businesstimes.com.sg/international/indias-gdp-grows-7-8-january-march-resilient-farm-construction-output The Business Times en 2026-06-05T19:22:00+08:00 India’s GDP grows 7.8% in January-March on resilient farm, construction output https://cassette.sphdigital.com.sg/image/businesstimes/715072f7dfd8758c3a16bb4387314e025478a9a0fccd2cb4cf4ab3bb68826cd7 India has been one of the economies hardest hit by the Iran war that has stretched into a fourth month. India has been one of the economies hardest hit by the Iran war that has stretched into a fourth month. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/ums-signs-pact-joint-venture-three-vietnamese-precision-engineering-firms The Business Times en 2026-06-05T19:20:54+08:00 UMS signs pact for joint venture with three Vietnamese precision engineering firms https://cassette.sphdigital.com.sg/image/businesstimes/7892f538aeecf8eb18d289eea7596122fafc89f44f7612473a959e143296fcd0 The proposed investment is part of UMS’ strategic plans to expand its manufacturing footprint, enhance its precision engineering capabilities and capture growth opportunities in the semiconductor “supercycle”. The proposed investment is part of UMS’ drive to expand its manufacturing footprint, enhance its precision engineering capabilities and capture growth opportunities in the semiconductor “super cycle”. https://www.businesstimes.com.sg/newsletters/esg-insights/issue-197-singapore-launches-sme-sustainability-initiatives-natural-disaster-protection-gap-grows The Business Times en 2026-06-05T19:00:00+08:00 Issue 197: Singapore launches SME sustainability initiatives; natural disaster protection gap grows https://cassette.sphdigital.com.sg/image/businesstimes/a1d53987b2743049d55cc4aeddcc4cc59804d15ae9f3abb77486db61d60555ed A poll of Singapore businesses shows the Iran war is fuelling resilience concerns among small and medium-sized enterprises. A poll of Singapore businesses shows the Iran war is fuelling resilience concerns among small and medium-sized enterprises. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/chinese-hk-investors-banned-spacex-ipo-security-grounds-sources The Business Times en 2026-06-05T18:41:54+08:00 Chinese, HK investors banned from SpaceX IPO on security grounds: sources https://cassette.sphdigital.com.sg/image/businesstimes/069bb4f5476e433b5707a04c7962f0070f77984f01f4ece089d9c96626958d96 The lead banks overseeing the SpaceX’s IPO have told other banks in the underwriting syndicate not to permit customers in Hong Kong and China to place orders. The lead banks overseeing the SpaceX’s IPO have told other banks in the underwriting syndicate not to permit customers in Hong Kong and China to place orders. https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-jun-52 The Business Times en 2026-06-05T18:38:01+08:00 Daily Debrief: What Happened Today (Jun 5) https://cassette.sphdigital.com.sg/image/businesstimes/4607a3852a87f4a47e4e1e08e1f6133e6675c05349791d4bead8017b5e3a2cd1 Among the 10 Bursa Malaysia-listed banks, around two-thirds recorded growth in revenue and profit during the first quarter. Six of the 10 Bursa Malaysia-listed banks recorded growth in revenue and profit in the first quarter. https://www.businesstimes.com.sg/companies-markets/singtel-gets-funding-boost-government-strengthen-ai-push-create-high-value-roles The Business Times en 2026-06-05T18:36:23+08:00 Singtel gets funding boost from government to strengthen AI push, create high-value roles https://cassette.sphdigital.com.sg/image/businesstimes/dfcb426fbe9220e96ee3bc8753419b8015b4ef613afc506fe2d0afc5ef6cc73e Singtel CEO Yuen Kuan Moon does not see the evolution of AI as a displacement mechanism. Singtel group CEO Yuen Kuan Moon does not see the evolution of AI as a displacement mechanism. https://www.businesstimes.com.sg/international/asean/danantara-plans-new-low-yield-bond-investors-shun-indonesia The Business Times en 2026-06-05T18:34:09+08:00 Danantara plans new low-yield bond as investors shun Indonesia https://cassette.sphdigital.com.sg/image/businesstimes/87124f1cf75d1ced34e0de6a4ef1e0d6bc30b561496d559f897fed38a6a61656 Investors have been unsettled by President Prabowo Subianto’s increasingly interventionist policies, including a plan to centralise exports of key commodities under a unit of Danantara.  Investors have been unsettled by President Prabowo Subianto’s increasingly interventionist policies, including a plan to centralise exports of key commodities under a unit of Danantara.  https://www.businesstimes.com.sg/companies-markets/singapore-stocks-close-lower-tracking-asia-sell-sti-still-ends-week-higher The Business Times en 2026-06-05T18:29:43+08:00 Singapore stocks close lower, tracking Asia sell-off; STI still ends week higher https://cassette.sphdigital.com.sg/image/businesstimes/82803a85a7a92a7167b54b4f8da2ed420a8cffcf1fe12996511f8e7d11221d57 Across the broader market, losers outnumber gainers 359 to 205, after 1.6 billion securities worth S$1.9 billion changed hands. Across the broader market, losers outnumber gainers 359 to 205, after 1.6 billion securities worth S$1.9 billion changed hands. https://www.businesstimes.com.sg/property/hong-kongs-second-largest-hotel-risks-being-seized-banks The Business Times en 2026-06-05T18:12:28+08:00 Hong Kong’s second-largest hotel risks being seized by banks https://cassette.sphdigital.com.sg/image/businesstimes/bec5a09ffcf585aff9ba182dd085077bcdf23fc3e27d57b93cf5d889db8f1919 The developer has been negotiating with creditors to refine the term sheet ahead of its next liquidation hearing in December. The asset up for sale comprises the Sheraton and Four Points by Sheraton Tung Chung and was first put up for sale by Shimao. https://www.businesstimes.com.sg/international/asean/malaysia-banks-signal-caution-despite-resilient-q1-results The Business Times en 2026-06-05T18:11:28+08:00 Malaysia banks signal caution despite resilient Q1 results https://cassette.sphdigital.com.sg/image/businesstimes/4607a3852a87f4a47e4e1e08e1f6133e6675c05349791d4bead8017b5e3a2cd1 Among the 10 Bursa Malaysia-listed banks, around two-thirds recorded growth in revenue and profit during the first quarter. Six of the 10 Bursa Malaysia-listed banks recorded growth in revenue and profit in the first quarter. https://www.businesstimes.com.sg/lifestyle/japanese-sake-takes-spotlight-braveheart-sake-originals The Business Times en 2026-06-05T18:00:00+08:00 Japanese sake takes the spotlight at Braveheart Sake Originals https://cassette.sphdigital.com.sg/image/businesstimes/35f8edf6e2d76942c5f606211449614f408005ea9150b65a4cb63cdf6ff11b26 Shin Classico is Braveheart's riff on Pantheon, a classic Japanese sweet-sour tipple originating from Tokyo in 2019. Shin Classico (above) is Braveheart's riff on Pantheon, a sweet-sour tipple originating from Tokyo in 2019. https://www.businesstimes.com.sg/companies-markets/data-centre-operator-dayone-raises-us4-5-billion-series-c-funding The Business Times en 2026-06-05T17:49:16+08:00 Data centre operator DayOne raises US$4.5 billion in Series C funding https://cassette.sphdigital.com.sg/image/businesstimes/eba4d0a779af3f7ac18d39e547df61e1f719556a178897225672f1dd60b1f262 DayOne has raised over US$4.5 billion in the final close of its Series C round. DayOne will use the funding to accelerate expansion in key markets such as Singapore, Malaysia and Indonesia. https://www.businesstimes.com.sg/podcasts/peace-hopes-profit-taking-and-bitcoin-plunge-making-sense-rollercoaster-week The Business Times en 2026-06-05T17:46:00+08:00 Peace hopes, profit-taking and a Bitcoin plunge: making sense of a rollercoaster week https://cassette.sphdigital.com.sg/image/businesstimes/d0fe4b38f54364c25f48e6a797ff041ccd2922bce5ddc2a717a61756185bbadf The AI theme appears "impervious to war worries," driving Asian stock indices to record highs. The AI theme appears "impervious to war worries," driving Asian stock indices to record highs. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/anthropic-calls-ai-pause-button-let-humans-take-stock The Business Times en 2026-06-05T17:38:01+08:00 Anthropic calls for AI pause button to let humans take stock https://cassette.sphdigital.com.sg/image/businesstimes/8cfbbd896e7f4c1eb571d0fac01d8e6da682443b8e8073df4165633e2609db6f The technology is advancing to the point where AI will make human labour thousands of times more efficient or even replace it, Anthropic said. The technology is advancing to the point where AI will make human labour thousands of times more efficient or even replace it, Anthropic said. https://www.businesstimes.com.sg/companies-markets/banking-finance/china-allows-some-banks-offer-higher-rates-us-dollar-deposits The Business Times en 2026-06-05T17:30:20+08:00 China allows some banks to offer higher rates on US dollar deposits https://cassette.sphdigital.com.sg/image/businesstimes/fdf4285da64ad977690840f204fd8963459cc5ba9aecc2aac66e742b35a53675 The onshore renminbi has gained more than 3 per cent against the US dollar this year to 6.77 on Friday, making it Asia’s best-performing currency. The onshore renminbi has gained more than 3 per cent against the US dollar this year to 6.77 on Friday, making it Asia’s best-performing currency. https://www.businesstimes.com.sg/property/uk-house-prices-fall-unexpectedly-market-feels-iran-war-impact The Business Times en 2026-06-05T17:18:20+08:00 UK house prices fall unexpectedly as market feels Iran war impact https://cassette.sphdigital.com.sg/image/businesstimes/e5a20d7d879e5f5914a66659917771c52b2d77cc7f972b472063853f44b4150d UK house prices fell by a monthly 0.1% in May, the same as in April, representing the third consecutive month-on-month fall, Halifax said. UK house prices fell by a monthly 0.1% in May, the same as in April, representing the third consecutive month-on-month fall, Halifax said. https://www.businesstimes.com.sg/international/global/trumps-latest-tariff-salvo-no-fix-global-issue-forced-labour The Business Times en 2026-06-05T17:07:19+08:00 Trump’s latest tariff salvo no fix for global issue of forced labour https://cassette.sphdigital.com.sg/image/businesstimes/70b395b9e4e18e223a8d3bc3060aafe38a4629a2c6d29df480b58b8b6d146595 Businesses, struggling to navigate Trump’s volatile trade war, were still digesting the latest threat of levies. Businesses, struggling to navigate Trump’s volatile trade war, were still digesting the latest threat of levies. https://www.businesstimes.com.sg/companies-markets/banking-finance/chinese-brokers-pump-us5-6-billion-offshore-fight-wall-street The Business Times en 2026-06-05T16:41:40+08:00 Chinese brokers pump US$5.6 billion offshore to fight Wall Street https://cassette.sphdigital.com.sg/image/businesstimes/69efc71953c195a3be3b4e4f4f6e2de92d3a0baf405e312ad7214ec25d127c3d Chinese individuals, companies and financial institutions moved US$807 billion out of the country in 2025, says the Institute of International Finance. Chinese individuals, companies and financial institutions moved US$807 billion out of the country in 2025, says the Institute of International Finance. https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/jollibee-mulls-moving-us-listing-booming-hong-kong-sources The Business Times en 2026-06-05T16:38:03+08:00 Jollibee mulls moving US listing to booming Hong Kong: sources https://cassette.sphdigital.com.sg/image/businesstimes/211394e37aafd8d661f979edcddfcdaa7c8aec30ddcba03f2c70110d78ecf73a Pixgeneric / Diners eating inside Jollibee restaurant at Bugis Village on Apr 7, 2023. There are more than 270 Jollibee-branded stores outside of the Philippines, including in the US, Canada, Singapore, the Middle East, Italy, Spain and the UK. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/lenovos-3d-scans-were-made-fifa-world-cup-true-value-may-lie-video-games The Business Times en 2026-06-05T16:14:17+08:00 Lenovo’s 3D scans were made for the Fifa World Cup, but true value may lie in video games https://cassette.sphdigital.com.sg/image/businesstimes/7cbb77ae4f35cacea735d16d67e2632f2d7111e6736646458934c05eed4bc0e6 Industry insiders theorised Lenovo’s data-gathering operation on the pitch could provide the necessary asset library – or at least the technical scaffolding – to monetise a lucrative video games market. Industry insiders say Lenovo’s data-gathering operation on the pitch could provide the necessary asset library to monetise a lucrative video games market. https://www.businesstimes.com.sg/international/asean/indonesia-releases-details-export-overhaul-palm-coal The Business Times en 2026-06-05T16:13:23+08:00 Indonesia releases details on export overhaul of palm, coal https://cassette.sphdigital.com.sg/image/businesstimes/3dcc29321a71c9d1e4449d0eeef9182bda38fc927550da077fafff5c5fb2ef57 Palm oil is sold in a wide variety of forms, and the rules encompass several of the most common types of exports. Palm oil is sold in a wide variety of forms, and the rules encompass several of the most common types of exports. https://www.businesstimes.com.sg/property/uks-spending-watchdog-shines-light-royals-and-their-properties The Business Times en 2026-06-05T16:05:23+08:00 UK’s spending watchdog shines light on royals and their properties https://cassette.sphdigital.com.sg/image/businesstimes/f37c6d1723d8c13083dbc47a729be9881efb7a03ac6aa104eb5c1c4d2854084e Among its other findings, the watchdog said Prince William and his wife Kate were paying £307,200 a year to The Crown Estate in rent for their new home Forest Lodge. Among its other findings, the watchdog said Prince William (left) and his wife Kate (right) were paying £307,200 a year to The Crown Estate in rent for their new home Forest Lodge. https://www.businesstimes.com.sg/companies-markets/banking-finance/allianzgi-exclusive-talks-buy-uob-asset-management-sources The Business Times en 2026-06-05T15:41:10+08:00 AllianzGI in exclusive talks to buy UOB Asset Management: sources https://cassette.sphdigital.com.sg/image/businesstimes/0768e9e7e7a0d3f309023086be46ca4f04f29a1097b88e5618828ad0f5173e4b UOB has been exploring options for its asset management arm, including a possible sale, to streamline its portfolio. UOB has been exploring options for its asset management arm, including a possible sale, to streamline its portfolio. https://www.businesstimes.com.sg/property/paypal-co-founder-peter-thiels-family-office-pays-record-rent-top-miami-tower The Business Times en 2026-06-05T15:30:48+08:00 Paypal co-founder Peter Thiel’s family office pays record rent for top Miami tower https://cassette.sphdigital.com.sg/image/businesstimes/c2b1dd9de454150d95fbeb5623f9c3dae728476fd16bd126795047814e96a0e7 Paypal co-founder Peter Thiel's family office is joining Citadel Securities and Microsoft in the 55-storey tower. Paypal co-founder Peter Thiel's family office is joining Citadel Securities and Microsoft in the 55-storey tower. https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/uks-biggest-retailers-cut-18000-jobs-amid-rising-taxes-and-wages The Business Times en 2026-06-05T15:17:50+08:00 UK’s biggest retailers cut 18,000 jobs amid rising taxes and wages https://cassette.sphdigital.com.sg/image/businesstimes/afaaae867a1dc4c950c94af43bb2b64608a62b370a7e6bf746e370d00a84395f The job losses were led by Tesco, the UK’s largest grocer, which saw its UK and Ireland headcount drop by nearly 5,000 in its latest financial year. The job losses were led by Tesco, the UK’s largest grocer, which saw its UK and Ireland headcount drop by nearly 5,000 in its latest financial year. https://www.businesstimes.com.sg/wealth/wealth-investing/why-conversations-about-advance-care-planning-are-boon The Business Times en 2026-06-05T15:00:00+08:00 Why conversations about Advance Care Planning are a boon https://cassette.sphdigital.com.sg/image/businesstimes/71e79dafc01130a499eecdd8335edb8e39f04a03e8408ce0b2cc4fbd47e17ce6 Advance Care Planning helps your loved ones, caregivers and healthcare team act in your best interests if you cannot make decisions or speak for yourself. Advance Care Planning helps your loved ones, caregivers and healthcare team act in your best interests if you cannot make decisions or speak for yourself. https://www.businesstimes.com.sg/international/asean/our-moat-our-people-gxbank-ceo-backs-passion-driven-teams-serve-malaysias-underserved The Business Times en 2026-06-05T14:46:56+08:00 ‘Our moat is our people’: GXBank CEO backs passion-driven teams to serve Malaysia’s underserved https://cassette.sphdigital.com.sg/image/businesstimes/289a8d1892a99184ea7067f81a8bf0d6de3012fcb9b48d6fd23fb11a0eecb9d9 GXBank CEO Kaushik Chowdhury believes the Malaysian digital bank could achieve profitability by June 2027. GXBank CEO Kaushik Chowdhury believes the Malaysian digital bank could achieve profitability by June 2027. https://www.businesstimes.com.sg/opinion-features/features/football-frenzy-beautiful-game-descends-north-america The Business Times en 2026-06-05T14:30:00+08:00 Football frenzy: The Beautiful Game descends on North America https://cassette.sphdigital.com.sg/image/businesstimes/4c209626a55ecd42f3d9a9fefbe10309b71edab72a9ab865ad804e990be00ddf After more than 900 qualifying matches held over 30 months and involving 206 nations, it’s time for the final 48 teams to fan out across North America for this final battle. The World Cup will kick off after more than 900 qualifying matches involving 206 nations were held over 30 months. https://www.businesstimes.com.sg/international/global/banks-curb-china-trips-delay-events-after-cross-border-scrutiny The Business Times en 2026-06-05T14:18:04+08:00 Banks curb China trips, delay events after cross-border scrutiny https://cassette.sphdigital.com.sg/image/businesstimes/803a9384145212baad9780ccaacb4de4de5f6d923b4165010bdf8e92c9975f3d Mainland residents have long used Hong Kong’s financial system to bypass Beijing’s strict capital controls. Mainland residents have long used Hong Kong’s financial system to bypass Beijing’s strict capital controls. https://www.businesstimes.com.sg/property/lian-beng-groups-ong-family-members-pick-two-bungalows-belmont-road-s60-million The Business Times en 2026-06-05T13:57:45+08:00 Lian Beng Group’s Ong family members pick up two bungalows in Belmont Road for S$60 million https://cassette.sphdigital.com.sg/image/businesstimes/02dedb2792f1c13fc84300e2d132570f50633c84a68d269553376210d08a152f A pair of bungalows in Belmont Road in Singapore is being sold for a total of S$60 million.. The pair of freehold bungalows in Belmont Road will be torn down by the Ong family members to build new houses. https://www.businesstimes.com.sg/opinion-features/what-can-india-do-stop-capital-flight The Business Times en 2026-06-05T13:30:00+08:00 What can India do to stop capital flight? https://cassette.sphdigital.com.sg/image/businesstimes/450ceb4b21d8e5434cd30cfa4dbd9fe35e99cad0ad5dcc6abc61cc67c78f16e0 Low Indian rates are at the heart of the weak-rupee problem. Low Indian rates are at the heart of the weak-rupee problem. https://www.businesstimes.com.sg/companies-markets/banking-finance/talent-fight-heats-india-finance-hub-dbs-standard-chartered-chiefs-quit The Business Times en 2026-06-05T13:27:33+08:00 Talent fight heats up in India finance hub as DBS, Standard Chartered chiefs quit https://cassette.sphdigital.com.sg/image/businesstimes/016a34c49dc5fcf09dd7af0d51a3ca1ce58622b1922892e4c7ad8ece7a69d614 Gift City has increasingly drawn business from Asia’s more established financial centres such as Hong Kong and Singapore. Gift City has increasingly drawn business from Asia’s more established financial centres such as Hong Kong and Singapore. https://www.businesstimes.com.sg/international/thailands-inflation-unexpectedly-eases-remains-target-range The Business Times en 2026-06-05T13:05:47+08:00 Thailand’s inflation unexpectedly eases, remains in target range https://cassette.sphdigital.com.sg/image/businesstimes/351822c8dbbe94d3df34e2fc01e6429ab22c0bf59143fc11d070269fc62b6241 The Bank of Thailand has consistently argued that the increase in prices is temporary and has signalled a willingness to look through any near-term inflation spike. The Bank of Thailand has consistently argued that the increase in prices is temporary and has signalled a willingness to look through any near-term inflation spike. https://www.businesstimes.com.sg/singapore/economy-policy/singapore-retail-sales-5-4-april-surpassing-forecasts The Business Times en 2026-06-05T12:57:39+08:00 Singapore retail sales up 5.4% in April, surpassing forecasts https://cassette.sphdigital.com.sg/image/businesstimes/700cd611a6f775e9ce4be13701ec680d14385aac60642ebaa7fb4a4d211e20d2 On a seasonally adjusted, month-on-month basis, retail sales rose 0.3% in April, easing from March’s 3.4% expansion. On a seasonally adjusted, month-on-month basis, retail sales rose 0.3% in April, easing from March’s 3.4% expansion. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/japan-warns-decisive-action-defend-yen-fx-reserves-tumble The Business Times en 2026-06-05T12:32:56+08:00 Japan warns of ‘decisive action’ to defend yen as FX reserves tumble https://cassette.sphdigital.com.sg/image/businesstimes/c80fba85b2500efa6363d3e32f89d9970eb7ae12d30e400c87d58dea7ced3452 Finance minister says Japan can take decisive action under joint statement with US. Finance minister says Japan can take decisive action under joint statement with US. https://www.businesstimes.com.sg/international/chinas-xi-visit-north-korea-jun-8-9-beijing-seeks-cosier-ties-pyongyang The Business Times en 2026-06-05T12:07:31+08:00 China’s Xi to visit North Korea from Jun 8 to 9 as Beijing seeks cosier ties with Pyongyang https://cassette.sphdigital.com.sg/image/businesstimes/066e2ac85916ebd712a4ca0ac111d63523c4b057ecb8e1a03a6aa2bf6ddedeeb North Korean's Kim (left) was a guest at a military parade in Beijing in September 2025. North Korean's Kim (left) was a guest at a military parade in Beijing in September 2025. https://www.businesstimes.com.sg/companies-markets/anext-banks-new-ceo-leverages-cto-stint-grow-sme-lending-financing-ai-hardware The Business Times en 2026-06-05T11:58:16+08:00 Anext Bank’s new CEO leverages CTO stint to grow SME lending by financing AI hardware https://cassette.sphdigital.com.sg/image/businesstimes/8fc48e868475075239225e54cf198c5829ebefd800c62cfa7614a19f49ff65bb Anext's Qiu sees opportunities to deepen collaboration within the Ant International ecosystem, both to enhance services and acquire inbound customers. Anext's Qiu sees opportunities to deepen collaboration within the Ant International ecosystem, both to enhance services and acquire inbound customers. https://www.businesstimes.com.sg/international/us-house-backs-russia-sanctions-and-ukraine-aid-latest-blow-trump The Business Times en 2026-06-05T11:56:17+08:00 US House backs Russia sanctions and Ukraine aid in latest blow to Trump https://cassette.sphdigital.com.sg/image/businesstimes/734ea7925ddca4f3788f3fd709251d21c1d56a23e3236247254af68835d121e7 The House voted 226 to 195 for the Ukraine Support Act, which reached the floor after languishing for months. The House voted 226 to 195 for the Ukraine Support Act, which reached the floor after languishing for months. https://www.businesstimes.com.sg/international/asean/malaysia-pm-anwar-facing-crucial-test-support-two-states-call-early-elections The Business Times en 2026-06-05T11:50:59+08:00 Malaysia PM Anwar facing crucial test of support as two states call early elections https://cassette.sphdigital.com.sg/image/businesstimes/803de34758db9a38cc41cbf102225828c0daf3dfb0802136f7b082966d71efea Malaysian Prime Minister Anwar Ibrahim arrives at Mactan-Benito Ebuen Air Base ahead of the 48th ASEAN Summit and Related Meetings in Cebu, Philippines, May 7, 2026. Ezra Acayan/Pool via REUTERS Anwar has also come under pressure from the once-dominant UMNO, which is part of Barisan, over its push for a royal pardon for former prime minister Najib Razak. https://www.businesstimes.com.sg/international/asean/new-us-tariff-exemptions-will-provide-growth-stimulus-indonesia-minister-says The Business Times en 2026-06-05T11:21:09+08:00 New US tariff, exemptions will provide growth stimulus for Indonesia, minister says https://cassette.sphdigital.com.sg/image/businesstimes/37e2446a169f6840c4909c9a4483182525df4f338b9784b12381d4b5c5a86eac Airlangga Hartarto expects copper cathode exports from Freeport Indonesia to be exempted from the US tariff Section 232. Airlangga Hartarto expects copper cathode exports from Freeport Indonesia to be exempted from the US tariff Section 232. https://www.businesstimes.com.sg/international/asean/sell-indonesia-sweeps-trading-desks-prabowo-tightens-grip The Business Times en 2026-06-05T10:51:26+08:00 ‘Sell Indonesia’ sweeps trading desks as Prabowo tightens grip https://cassette.sphdigital.com.sg/image/businesstimes/1adc1baafa1d2d8c17fe93325183fc4e407c009f547a31b55be8d066c22701ad Global investors are unnerved by the more populist and interventionist agenda that Indonesian President Prabowo Subianto has been pursuing. Indonesian President Prabowo Subianto's recent move to take direct control of key commodity exports to curb tax evasion has triggered a sell-off in exporter stocks. https://www.businesstimes.com.sg/companies-markets/transport-logistics/china-speeds-past-japan-australian-car-imports-ev-bonanza The Business Times en 2026-06-05T10:47:35+08:00 China speeds past Japan in Australian car imports on EV bonanza https://cassette.sphdigital.com.sg/image/businesstimes/3bfe28200b91ac5ebc02f9f1c8f08ad8fb8edc92e68c574c2f3f15da6dde1444 BYD’s momentum is likely to continue, with the firm this month using one of its own car-carriers for the first time to ship almost 5,000 EVs to Australia. BYD’s momentum is likely to continue, with the firm this month using one of its own car-carriers for the first time to ship almost 5,000 EVs to Australia. https://www.businesstimes.com.sg/international/asean/vingroups-shares-surge-1000-overtake-regional-heavyweights-including-singtel-and-jd-com The Business Times en 2026-06-05T10:06:54+08:00 Vingroup’s shares surge 1,000% to overtake regional heavyweights including Singtel and JD.com https://cassette.sphdigital.com.sg/image/businesstimes/a803661a16fca8924e1c3c01143ba100ec5fef7eac1b75ecaf4c01e08de145e1 Vinhomes’ growth may also underscore the broader economic trajectory in Vietnam, where GDP expanded 7.8% in the first quarter. Vinhomes’ growth may also underscore the broader economic trajectory in Vietnam, where GDP expanded 7.8% in the first quarter. https://www.businesstimes.com.sg/companies-markets/transport-logistics/qantas-weighs-order-20-boeing-or-airbus-wide-body-jets-sources-say The Business Times en 2026-06-05T09:44:30+08:00 Qantas weighs order for 20 Boeing or Airbus wide-body jets, sources say https://cassette.sphdigital.com.sg/image/businesstimes/1c709d5d9c82191a12c5fe7066fe32cd9ab69db60cec00e7d2c269bc5835c7e8 Qantas operates some 128 jets and is in the middle of a fleet renewal programme involving 200 aircraft. Qantas operates some 128 jets and is in the middle of a fleet renewal programme involving 200 aircraft. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/south-korean-stocks-slide-cracks-emerge-world-beating-rally The Business Times en 2026-06-05T09:22:48+08:00 South Korean stocks slide as cracks emerge in world-beating rally https://cassette.sphdigital.com.sg/image/businesstimes/182954e1715d1eac36405dacc7358d4ed3c028b0ccded5ff6b8ab3abc6fa3541 Retail participation is also losing some steam, while surging margin loans face the risk of a Bank of Korea rate hike. Retail participation is also losing some steam, while surging margin loans face the risk of a Bank of Korea rate hike. https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-steadies-uncertainty-surrounds-progress-us-iran-talks The Business Times en 2026-06-05T08:51:14+08:00 Gold steadies as uncertainty surrounds progress in US-Iran talks https://cassette.sphdigital.com.sg/image/businesstimes/81df9bc74dc029f8a32bf192e91da4233bab15b6562e7c45c81a6e3b92728e06 Gold has lost about 15% since the start of the conflict in late February and has traded in a narrow band in the last few weeks. Gold has lost about 15% since the start of the conflict in late February and has traded in a narrow band in the last few weeks. https://www.businesstimes.com.sg/companies-markets/civmec-order-book-hits-record-s1-5-billion-new-resources-infrastructure-projects The Business Times en 2026-06-05T08:42:18+08:00 Civmec order book hits record S$1.5 billion on new resources, infrastructure projects https://cassette.sphdigital.com.sg/image/businesstimes/176468a2ad8d37d3abae14dfbf1bfa50a4c0511349a426f78cbeaf654c2b17a2 Mainboard-listed Civmec Limited, as part of the Amec Foster Wheeler Civmec JV (ACJV), has been awarded an engineering, procurement and construction contract for the Gruyere Gold Project in Western Australia. The new order book wins span its resources, infrastructure, energy and maintenance activities. https://www.businesstimes.com.sg/companies-markets/stocks-watch-cdl-ireit-civmec The Business Times en 2026-06-05T08:36:53+08:00 Stocks to watch: CDL, IReit, Civmec https://cassette.sphdigital.com.sg/image/businesstimes/2fb1a45fbefb18288bd48c0c60fc8aa15060a503e240885edfa05f99ab4a25d7 CDL on Friday announced the successful completion of its off-market equal access offer for its non-redeemable convertible non-cumulative preference shares, achieving a full 100 per cent take-up rate. CDL announces a 100% take-up rate for the buyback offer for 24,120,733 preference shares. https://www.businesstimes.com.sg/international/global/us-iran-ceasefire-talks-stall-after-hizbollah-rejects-lebanon-israel-truce The Business Times en 2026-06-05T08:14:54+08:00 US-Iran ceasefire talks stall after Hizbollah rejects Lebanon-Israel truce https://cassette.sphdigital.com.sg/image/businesstimes/4e0e57bab89f487ac4fafd38f0d14e0059c36236a3baf9d9716f4196be9b863a An Israeli air strike lands in front of Beaufort Castle in Lebanon on Jun 4. Hizbollah has refused to abide by the conditions of a ceasefire announced by the US State Department. An Israeli air strike lands in front of Beaufort Castle in Lebanon on Jun 4. Hizbollah has refused to abide by the conditions of a ceasefire announced by the US State Department. https://www.businesstimes.com.sg/companies-markets/banking-finance/kpmg-australia-fallout-widens-rba-pension-reassess The Business Times en 2026-06-05T07:38:42+08:00 KPMG Australia fallout widens as RBA, pension reassess https://cassette.sphdigital.com.sg/image/businesstimes/c005aef4d40565db2c26d82b709fd1a06bd5b72860fc3458beb088c51c7bb760 KPMG is used in Australia’s A$4.5 trillion pension system for a range of services, and produces annual analysis on the industry. KPMG is used in Australia’s A$4.5 trillion pension system for a range of services, and produces annual analysis on the industry. https://www.businesstimes.com.sg/companies-markets/world-cup-lull-could-be-investors-chance-score-sgx-stocks-dbs The Business Times en 2026-06-05T07:00:00+08:00 World Cup lull could be investors’ chance to score SGX stocks: DBS  https://cassette.sphdigital.com.sg/image/businesstimes/20854eae7a3ab3e3787c30aab0a8f5a31a1d53dc908d7a6beb1f3c25434a1a92 The global football tournament has historically coincided with weaker trading activity on the SGX, creating opportunities to accumulate shares ahead of a rebound in market participation. The global football tournament has historically coincided with weaker trading activity on the SGX. https://www.businesstimes.com.sg/opinion-features/iran-conflict-prompting-historic-shift-aseans-energy-strategy The Business Times en 2026-06-05T07:00:00+08:00 The Iran conflict is prompting a historic shift in Asean’s energy strategy https://cassette.sphdigital.com.sg/image/businesstimes/950b3ae603804701b3447bb588831a476477a1ee4d846c1005b962a958cf3d8b Asean is forecast to spend around US$57 billion on renewables, grids and end-use sectors in 2026 – a record high. Asean is forecast to spend around US$57 billion on renewables, grids and end-use sectors in 2026 – a record high. https://www.businesstimes.com.sg/international/ukraines-zelensky-proposes-peace-talks-letter-putin The Business Times en 2026-06-05T06:54:53+08:00 Ukraine’s Zelensky proposes peace talks in letter to Putin https://cassette.sphdigital.com.sg/image/businesstimes/b640557e3b048620c8a90c799dcfb8b0c583d5f77caa821f2bff49aa4433353c “Ukraine is ready for a full ceasefire for the duration of the negotiations,” Zelenskiy says. “Ukraine is ready for a full ceasefire for the duration of the negotiations,” Ukrainian President Volodymyr Zelensky says. https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-dips-after-israel-lebanon-ceasefire-even-clashes-persist The Business Times en 2026-06-05T06:21:23+08:00 Oil dips after Israel-Lebanon ceasefire even as clashes persist https://cassette.sphdigital.com.sg/image/businesstimes/344248c7972931ed162e6ce5873241df4b88a26e2b397085fa602045c0d11509 Oil prices gained earlier this week on signs that global supply buffers are shrinking. Oil prices gained earlier this week on signs that global supply buffers are shrinking. https://www.businesstimes.com.sg/lifestyle/tudor-rado-and-bell-ross-welcome-summer-splash-colours The Business Times en 2026-06-05T06:00:00+08:00 Tudor, Rado and Bell & Ross welcome summer with a splash of colours https://cassette.sphdigital.com.sg/image/businesstimes/8ed37410c30bb03f5aaaa1430e12d397015274e62e276aa0f3e82dbdc0900a73 The Tudor Black Bay Chrono 39 "Bumblebee" sits alongside its "Pink" and "Flamingo Blue" cousins. The Tudor Black Bay Chrono 39 "Bumblebee" draws on the colourful chronographs that have appeared throughout the watchmaker’s history. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/dow-claims-record-closing-high-sp-500-advances-chip-sell-weighs-nasdaq The Business Times en 2026-06-05T05:55:50+08:00 Dow claims record closing high, S&P 500 advances; chip sell-off weighs on Nasdaq https://cassette.sphdigital.com.sg/image/businesstimes/d1daf1e5594b20a6786cf08ce0c4b4e09ddc04f97bb18a899848b56a4911c320 Among the 11 major sectors of the S&P 500, healthcare and financial stocks boasted the biggest percentage gains, while technology shares were the biggest laggards. Among the 11 major sectors of the S&P 500, healthcare and financial stocks boasted the biggest percentage gains, while technology shares were the biggest laggards. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-rise-oil-slips-investors-watch-middle-east The Business Times en 2026-06-05T05:39:33+08:00 European shares rise as oil slips, investors watch Middle East https://cassette.sphdigital.com.sg/image/businesstimes/74ee07b2f87a5be272f2db3708c7fd2a984aba1f904c255c20c9a23ad309f4a9 Persistent price pressures have led markets to price in a 25-basis-point rate hike by the European Central Bank at next week’s meeting, according to LSEG data. Persistent price pressures have led markets to price in a 25-basis-point rate hike by the European Central Bank at next week’s meeting, according to LSEG data. https://www.businesstimes.com.sg/companies-markets/boardroom-matters/climate-risks-volatile-times The Business Times en 2026-06-05T05:00:00+08:00 Climate risks in volatile times https://cassette.sphdigital.com.sg/image/businesstimes/d9eb59768af9296e1067a52f3bb1caaf90612c006fa25ef1ffd5656c438baae1 Firms building strong climate data and capabilities now will navigate future shocks with confidence. Firms building strong climate data and capabilities now will navigate future shocks with confidence. https://www.businesstimes.com.sg/podcasts/ai-adoption-pain-points-payoffs-and-where-start The Business Times en 2026-06-05T05:00:00+08:00 AI adoption: pain points, payoffs and where to start https://cassette.sphdigital.com.sg/image/businesstimes/d542ca04b345ae6b09e88f233f7917c9ad62999055efaf5b19e6c9660ec39366 From right: Kwek So Cheer of PwC Singapore; Dr Ng Chin Siau of Q & M Dental Group; Tan Kiat How, Senior Minister of State, Ministry of Digital Development and Information & Ministry of Health; and Claressa Monteiro of The Business Times. From right: Kwek So Cheer of PwC Singapore; Dr Ng Chin Siau of Q & M Dental Group; Tan Kiat How, Senior Minister of State, Ministry of Digital Development and Information & Ministry of Health; and Claressa Monteiro of The Business Times. https://www.businesstimes.com.sg/property/fuji-medias-real-estate-unit-attracts-1-trillion-yen-bids The Business Times en 2026-06-04T23:24:27+08:00 Fuji Media’s real estate unit attracts 1 trillion yen bids https://cassette.sphdigital.com.sg/image/businesstimes/5e54463370f0410c67e39a712be622bf262db9dc36165a4e259e95a28ae6cfc8 Fuji Media is set to take the unusual step of re-opening the first round of bidding for its real estate subsidiary to allow more time to evaluate the offers. Fuji Media is set to take the unusual step of re-opening the first round of bidding for its real estate subsidiary to allow more time to evaluate the offers. https://www.businesstimes.com.sg/international/asean/indonesian-market-rout-deepens-prabowo-policy-risks-mount The Business Times en 2026-06-04T22:50:20+08:00 Indonesian market rout deepens as Prabowo policy risks mount https://cassette.sphdigital.com.sg/image/businesstimes/161296417f772d507c12ad2da957a669467679dbbadfd1ef8265fe02606a8c01 The sell-off is “mainly driven by rupiah weakness hitting record lows and pressure from a softer trade balance, especially with higher oil imports”, said Felix Darmawan, an analyst at BCA Sekuritas. The sell-off is “mainly driven by rupiah weakness hitting record lows and pressure from a softer trade balance, especially with higher oil imports”, said Felix Darmawan, an analyst at BCA Sekuritas.