https://www.businesstimes.com.sg/companies-markets/banking-finance/indias-long-delayed-nse-ipo-sets-us2-6-billion-windfall-top-investors The Business Times en 2026-06-19T19:28:08+08:00 India’s long-delayed NSE IPO sets up US$2.6 billion windfall for top investors https://cassette.sphdigital.com.sg/image/businesstimes/1e997ffea092e28a2ecdfd032920d5d65dcc691f39dd0d229adb0419da99af36 NSE is likely to begin IPO roadshows over the next two months, sources say. NSE is likely to begin IPO roadshows over the next two months, sources say. https://www.businesstimes.com.sg/international/global/iran-says-it-will-waive-fees-hormuz-during-60-day-negotiation-period The Business Times en 2026-06-19T19:26:08+08:00 Iran says it will waive fees for Hormuz during 60-day negotiation period https://cassette.sphdigital.com.sg/image/businesstimes/f29c3fc20cd9c87a888c72a75cadbbcf0de31c6836c721269a000e4d06fa111e Vessels in the Strait of Hormuz near the beach of Bandar Abbas, Iran, June 18, 2026. Vessels in the Strait of Hormuz near the beach of Bandar Abbas, Iran, June 18, 2026. https://www.businesstimes.com.sg/newsletters/esg-insights/issue-199-s-e-asias-exposed-energy-mix-cse-globals-boardroom-drama The Business Times en 2026-06-19T19:00:00+08:00 Issue 199: S-E Asia’s exposed energy mix; CSE Global’s boardroom drama https://cassette.sphdigital.com.sg/image/businesstimes/46deffa2f95e8ec083921a38de9cdfac6a275d17c708dd1fb1bb227d85e1569a Coal has been one of the fastest growing fuels for South-east Asia’s rising energy needs over the past decade. Coal has been one of the fastest growing fuels for South-east Asia’s rising energy needs over the past decade. https://www.businesstimes.com.sg/singapore/singapores-competition-watchdog-unveils-new-measures-speed-investigation-resolution The Business Times en 2026-06-19T18:46:42+08:00 Singapore’s competition watchdog unveils new measures to speed up investigation resolution https://cassette.sphdigital.com.sg/image/businesstimes/ce1f7eb7377c9d9d1c9900a012a8cc388ef6e4af627a69debcb295557dc16ce2 Businesses looking to make more extensive submissions have the option of reverting to the Competition and Consumer Commission of Singapore’s non-Fast Track investigatory procedure. Businesses looking to make more extensive submissions have the option of reverting to CCS’ non-Fast Track investigatory procedure. https://www.businesstimes.com.sg/companies-markets/singapore-shares-end-lower-sti-down-0-4 The Business Times en 2026-06-19T18:41:12+08:00 Singapore shares end lower; STI down 0.4% https://cassette.sphdigital.com.sg/image/businesstimes/e9dafdc36db5c9fcc356d2b42d1e0e2e13c61dfe0edfc4c0deaadf65260855d3 Across the broader market, losers outnumber gainers 241 to 173, after 1.4 billion securities worth S$2.9 billion change hands. Across the broader market, losers outnumber gainers 241 to 173, after 1.4 billion securities worth S$2.9 billion change hands. https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-jun-192 The Business Times en 2026-06-19T18:30:00+08:00 Daily Debrief: What Happened Today (Jun 19) https://cassette.sphdigital.com.sg/image/businesstimes/d31b47b0b6a752766d12185fbb41a53085f63345add57bb09c630064d3e5b081 ST20250828_202544600938 Kua Chee Siong/ satemasek28/ Generic pix of the Temasek logo at the Temasek Holdings office, in Atrium@Orchard, on Aug 28, 2025. Wendy Koh's appointment comes amid continuing market buzz about an impending merger between Mapletree Investments and CapitaLand Investments, another Temasek portfolio company. https://www.businesstimes.com.sg/international/uk-runs-much-bigger-expected-budget-deficit-may The Business Times en 2026-06-19T18:12:25+08:00 UK runs much bigger than expected budget deficit in May https://cassette.sphdigital.com.sg/image/businesstimes/7678f841ec03ccc79b7e22031d286784925afc72afc00f4e3401fc02f5cc17c5 Last week, Britain offered investors the highest yield since at least 1998 when it sold £9 billion of 15-year debt Last week, Britain offered investors the highest yield since at least 1998 when it sold £9 billion of 15-year debt https://www.businesstimes.com.sg/lifestyle/2026-xpeng-x9-pro-review-after-four-days-range-was-surprise The Business Times en 2026-06-19T18:00:00+08:00 2026 XPeng X9 Pro review: After four days, the range was a surprise https://cassette.sphdigital.com.sg/image/businesstimes/30ba2fd476c4f734083f0c06065af55a6bc842e7e3f9f1b6a7d03477be9254e2 The XPeng X9 Pro has just had a facelift, gaining a noticeably smoother but more generic face. The XPeng X9 Pro has just had a facelift, gaining a noticeably smoother but more generic face. https://www.businesstimes.com.sg/opinion-features/europe-cannot-afford-another-lost-year The Business Times en 2026-06-19T18:00:00+08:00 Europe cannot afford another lost year https://cassette.sphdigital.com.sg/image/businesstimes/e30f894d0cf5e16525888f9cf3f5b1e6470942b362c0f7629cc252f37ce92b94 French President Emmanuel Macron says that Europe knows what it has to do to remain competitive in an increasingly cut-throat global economy. French President Emmanuel Macron says that Europe knows what it has to do to remain competitive in an increasingly cut-throat global economy. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/online-brokerage-longbridge-opens-singapore-office-asia-square-tower-2 The Business Times en 2026-06-19T17:48:38+08:00 Online brokerage Longbridge opens Singapore office at Asia Square Tower 2 https://cassette.sphdigital.com.sg/image/businesstimes/b76e99fb8be425f4de0ba72d6a17172b85663a2f0abf12d9191430b46a51bf48 Longbridge Group notes that Singapore provides the ideal platform from which it can deliver its services to investors across Asia and beyond. Longbridge Group notes that Singapore provides the ideal platform from which it can deliver its services to investors across Asia and beyond. https://www.businesstimes.com.sg/podcasts/fully-live-fed-historic-boj-hike-and-singapores-stagflation-problem The Business Times en 2026-06-19T17:46:00+08:00 A fully live Fed, historic BOJ hike and Singapore’s stagflation problem https://cassette.sphdigital.com.sg/image/businesstimes/0ecc52f26a21f6478889628b3ee0dc599ead0639630ce2d13e7d8d89c6216f13 How will BOJ’s historic rate hike affect markets? How will BOJ’s historic rate hike affect markets? https://www.businesstimes.com.sg/international/boj-may-raise-interest-rates-twice-march-2027-says-former-policymaker The Business Times en 2026-06-19T17:30:07+08:00 BOJ may raise interest rates twice by March 2027, says former policymaker https://cassette.sphdigital.com.sg/image/businesstimes/46debe5e1524c3bb7352d102c467b6b33b32348c9a7faf5b41c7855dc859af26 Former Bank of Japan policymaker Makoto Sakurai says if inflation accelerates at an alarming pace, the bank can hike in October and again by the end of the current fiscal year ended March. Former Bank of Japan policymaker Makoto Sakurai says if inflation accelerates at an alarming pace, the bank can hike in October and again by the end of the current fiscal year ended March. https://www.businesstimes.com.sg/international/global/vance-leaves-shippers-dark-potential-iran-hormuz-toll The Business Times en 2026-06-19T17:22:26+08:00 Vance leaves shippers in the dark on potential Iran Hormuz toll https://cassette.sphdigital.com.sg/image/businesstimes/0ce9d39bde70156971918eea4b62bd518c38d5e140c1f165ba47832b760599b1 US Vice-President JD Vance emphasised the US believes “international waterways should be free of tolls”.  US Vice-President JD Vance emphasised the US believes “international waterways should be free of tolls”.  https://www.businesstimes.com.sg/companies-markets/mapletree-cfo-wendy-koh-appointed-temaseks-new-cfo The Business Times en 2026-06-19T17:13:37+08:00 Mapletree CFO Wendy Koh appointed as Temasek’s new CFO https://cassette.sphdigital.com.sg/image/businesstimes/d31b47b0b6a752766d12185fbb41a53085f63345add57bb09c630064d3e5b081 ST20250828_202544600938 Kua Chee Siong/ satemasek28/ Generic pix of the Temasek logo at the Temasek Holdings office, in Atrium@Orchard, on Aug 28, 2025. Koh's appointment comes amid continuing market buzz about an impending merger between Mapletree Investments and CapitaLand Investments, another Temasek portfolio company. https://www.businesstimes.com.sg/international/asean/malaysia-tightens-civil-servant-asset-rules-amid-controversy-over-former-anti-graft-chiefs-holdings The Business Times en 2026-06-19T17:06:09+08:00 Malaysia tightens civil servant asset rules amid controversy over former anti-graft chief’s holdings https://cassette.sphdigital.com.sg/image/businesstimes/1edd45edb851671aeb9d63f310ecb8e691542d03c2ee248601aa9bc8766e0e32 Malaysia’s Cabinet ordered an investigation into then-anti-graft chief Azam Baki's shareholdings in February. Malaysia’s Cabinet ordered an investigation into then-anti-graft chief Azam Baki's shareholdings in February. https://www.businesstimes.com.sg/companies-markets/banking-finance/boe-unveils-doomsday-scenario-private-markets-stress-test The Business Times en 2026-06-19T17:05:28+08:00 BOE unveils doomsday scenario for private markets stress test https://cassette.sphdigital.com.sg/image/businesstimes/50d226cc36cdfa043a2af987ee92c3bd45803d1a4387b4c99cab807806289ca7 The BOE said it would publish initial information from the exercise in July, followed by further reports later in the year and a final report in 2027. The BOE said it would publish initial information from the exercise in July, followed by further reports later in the year and a final report in 2027. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/nikkei-posts-sharpest-weekly-gain-nearly-two-years-ai-shares-rally The Business Times en 2026-06-19T16:36:13+08:00 Nikkei posts sharpest weekly gain in nearly two years on AI shares rally https://cassette.sphdigital.com.sg/image/businesstimes/03301b6f1e1ae87859ba71229638f9462818708bc2a7e17eb45a22242b831d87 The Nikkei closed 0.28 per cent higher at 71,250.06 on Friday. The Nikkei closed 0.28 per cent higher at 71,250.06 on Friday. https://www.businesstimes.com.sg/international/germanys-growth-increasingly-hit-demographic-change-its-central-bank-says The Business Times en 2026-06-19T16:19:15+08:00 Germany’s growth increasingly hit by demographic change, its central bank says https://cassette.sphdigital.com.sg/image/businesstimes/18be79021f94a11a7fcf6789d4d6c308459d694d7ac75cbd86b1a6f24a7e0917 In Germany, technological changes are impacting hiring in several sectors, the Bundesbank's analysis shows. In Germany, technological changes are impacting hiring in several sectors, the Bundesbank's analysis shows. https://www.businesstimes.com.sg/companies-markets/banking-finance/bank-japan-governor-ueda-discharged-hospital The Business Times en 2026-06-19T16:13:45+08:00 Bank of Japan Governor Ueda discharged from hospital https://cassette.sphdigital.com.sg/image/businesstimes/6fb7e74f0975b84fe36f59a2570c0e8dbed1e111a93763982ac91661d239e7fc Bank of Japan Governor Kazuo Ueda was in hospital getting treatment for an infected liver cyst. Bank of Japan Governor Kazuo Ueda was in hospital getting treatment for an infected liver cyst. https://www.businesstimes.com.sg/property/us-mortgage-rates-fall-lowest-month-middle-east-tensions-ease The Business Times en 2026-06-19T16:11:37+08:00 US mortgage rates fall to lowest in month as Middle East tensions ease https://cassette.sphdigital.com.sg/image/businesstimes/7d2b19586fdb76c0cc6c2629a9c6aa0f3b5b9f7aaad9fb72df981ff203a7cbaa Homes in Hercules, California, US, on Wednesday, June 17, 2026. The Federal Housing Finance Association (FHFA) is scheduled to release house price index figures on June 30. Photographer: David Paul Morris/Bloomberg The spring home-selling season is drawing to a close after a turbulent period for borrowing costs, which shot up following the outbreak of Iran war. https://www.businesstimes.com.sg/property/spain-lacks-750000-homes-hot-spots-madrid-mediterranean-coast The Business Times en 2026-06-19T16:01:51+08:00 Spain lacks 750,000 homes, with hot spots from Madrid to the Mediterranean coast https://cassette.sphdigital.com.sg/image/businesstimes/52b952260fc297eb799e9e1b7b2b6d59885bf350e52be16229fc4e67c9bc8e20 “Housing-access problems are progressively reducing the homeownership rate and contributing to lower rates of residential independence among young people,” according to a Bank of Spain report. “Housing-access problems are progressively reducing the homeownership rate and contributing to lower rates of residential independence among young people,” according to a Bank of Spain report. https://www.businesstimes.com.sg/lifestyle/perhaps-fifa-was-right-about-world-cup-ticket-pricing-after-all The Business Times en 2026-06-19T16:00:00+08:00 Perhaps Fifa was right about the World Cup ticket pricing after all https://cassette.sphdigital.com.sg/image/businesstimes/c7d322c7f026ac886e4b62fe1d2dafa59a30673f76d2fe1e233f903df52dd4a6 If anybody still doubted that football is not a moral beacon but essentially a giant enterprise – the very business of passion – they need only to look at this expanded version of the World Cup. If anybody still doubted that football is not a moral beacon but essentially a giant enterprise – the very business of passion – they need only to look at this expanded version of the World Cup. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-stocks-muted-us-iran-peace-talks-called The Business Times en 2026-06-19T15:59:19+08:00 European stocks muted as US-Iran peace talks called off https://cassette.sphdigital.com.sg/image/businesstimes/d82e0c3caf8baa2c817b9560d50165e38c160a12ed7118439558d7b3e89dc50d The Stoxx 600 index dipped 0.1 per cent by 0711 GMT on Friday. The Stoxx 600 index dipped 0.1 per cent by 0711 GMT on Friday. https://www.businesstimes.com.sg/international/mayor-andy-burnhams-election-win-paves-way-bid-oust-uk-pm-starmer The Business Times en 2026-06-19T15:49:11+08:00 Mayor Andy Burnham’s election win paves way for bid to oust UK PM Starmer https://cassette.sphdigital.com.sg/image/businesstimes/3fb8886ead7939c391584df93345d48ced5652c49289c02f22530e9798549c38 Newly elected MP Andy Burnham celebrates his victory in the Makerfield by-election, Wigan, Britain, June 19, 2026. Newly-elected MP Andy Burnham celebrates his victory in the Makerfield by-election, Wigan, Britain, June 19, 2026. https://www.businesstimes.com.sg/companies-markets/cse-globals-board-clash-who-are-eugene-lai-and-tan-chian-khong The Business Times en 2026-06-19T15:43:26+08:00 CSE Global’s board clash: Who are Eugene Lai and Tan Chian Khong? https://cassette.sphdigital.com.sg/image/businesstimes/47ef7ccd4d6f6cd55286ddce2d1bd624ba7e28f40d0117f9fd6ae6fd48f6e3c5 A clash between CSE Global board chairman Eugene Lai (left) and Tan Chian Khong led to Tan’s resignation as the company's lead independent director. A clash between CSE board chairman Eugene Lai (left) and Tan Chian Khong led to Tan’s resignation as the company's lead independent director. https://www.businesstimes.com.sg/companies-markets/australian-shares-decline-nearly-1-bhp-warning-rate-fears-hit-miners-banks The Business Times en 2026-06-19T15:31:03+08:00 Australian shares decline nearly 1% as BHP warning, rate fears hit miners, banks https://cassette.sphdigital.com.sg/image/businesstimes/a1e019ed421a82a5a8cb37642412f267daa10187ec89be7fca96a3f97d00e4db The benchmark S&P/ASX 200 index ended 0.9 per cent lower at 8,828.70 points, logging its worst day since June 4. The benchmark S&P/ASX 200 index ended 0.9 per cent lower at 8,828.70 points, logging its worst day since June 4. https://www.businesstimes.com.sg/international/uk-retail-sales-rise-more-expected-1-2-may-official-data-shows The Business Times en 2026-06-19T15:04:24+08:00 UK retail sales rise by more than expected 1.2% in May, official data shows https://cassette.sphdigital.com.sg/image/businesstimes/afaaae867a1dc4c950c94af43bb2b64608a62b370a7e6bf746e370d00a84395f Tesco says a good spell of weather will give more of a boost to sales than England and Scotland performing well in the men’s football World Cup. Tesco says a good spell of weather will give more of a boost to sales than England and Scotland performing well in the men’s football World Cup. https://www.businesstimes.com.sg/international/asean/vietnam-loosens-bank-safeguards-spur-growth-stoking-prudential-concerns The Business Times en 2026-06-19T15:04:06+08:00 Vietnam loosens bank safeguards to spur growth, stoking prudential concerns https://cassette.sphdigital.com.sg/image/businesstimes/aa43a3d508d3c175dc8fe5afe05f187e255b32cc71eb50b50e25d97f97b67c5a In recent months, the State Bank of Vietnam has moved on several fronts to ease funding constraints for lenders. In recent months, the State Bank of Vietnam has moved on several fronts to ease funding constraints for lenders. https://www.businesstimes.com.sg/wealth/wealth-investing/are-you-really-ready-retirement-three-questions-will-tell-you The Business Times en 2026-06-19T15:00:00+08:00 Are you really ready for retirement? Three questions will tell you https://cassette.sphdigital.com.sg/image/businesstimes/a0327cd02bb780a89c50809308139834a1fb3e7a1d4c81e86bcef57a4576d718 We treat retirement as a destination, but it is really the beginning of a completely different kind of life, one that will involve several distinct phases. We treat retirement as a destination, but it is really the beginning of a different kind of life, one that will involve several distinct phases. https://www.businesstimes.com.sg/international/asean/msci-says-low-free-float-among-many-hurdles-vietnam-stocks The Business Times en 2026-06-19T14:28:01+08:00 MSCI says low free-float among many hurdles for Vietnam stocks https://cassette.sphdigital.com.sg/image/businesstimes/c4e9c1db7742ddf4e4f975b6676c790efe2648591a80cbe0030a3046ea6a3f1f The VN Index has outperformed most of its South-east Asian peers over the past year. The VN Index has outperformed most of its South-east Asian peers over the past year. https://www.businesstimes.com.sg/companies-markets/investors-sgx-listed-companies-can-access-more-research-reports-after-expansion-coverage-scheme The Business Times en 2026-06-19T14:00:00+08:00 Investors in SGX-listed companies can access more research reports after expansion of coverage scheme https://cassette.sphdigital.com.sg/image/businesstimes/4a8b483f143c0637b312f8d315b3eae40f90efa7a0d7fba29c58b541fc5c5979 More than 100 initiation reports have been completed year-to-date under the GEMS scheme according to SGX, who administers it.. More than 100 initiation reports have been completed in the year to date under the Gems scheme. https://www.businesstimes.com.sg/companies-markets/key-future-what-digital-asset-custody-and-how-does-it-work The Business Times en 2026-06-19T14:00:00+08:00 Key to the future: What is digital asset custody, and how does it work? https://cassette.sphdigital.com.sg/image/businesstimes/53e975a0fea12f9b0d2654cf166cbdf63b2060274e9544f62311ea5454c06a61 In digital custody, ownership and control is typically exercised through cryptographic private keys. In digital custody, ownership and control is typically exercised through cryptographic private keys. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/us-tells-asml-its-concerned-one-its-chipmaking-tools-may-be-china The Business Times en 2026-06-19T13:40:38+08:00 US tells ASML it’s concerned one of its chipmaking tools may be in China https://cassette.sphdigital.com.sg/image/businesstimes/b054ca87a61cc40f442167e3223aeb449f4c88b3813bce0721cfc987d89c95a1 ASML’s most advanced EUV systems are roughly the size of a school bus and weigh 180 tonnes. ASML’s most advanced EUV systems are roughly the size of a school bus and weigh 180 tonnes. https://www.businesstimes.com.sg/property/pimco-targets-out-date-assets-new-real-estate-strategy The Business Times en 2026-06-19T13:16:14+08:00 Pimco targets out-of-date assets in new real estate strategy https://cassette.sphdigital.com.sg/image/businesstimes/71c7a5e3fbf2c24a0e3beef3debd2e7a718df25e88b05e15ebd9198efc327c18 Pimco's strategy coincides with a rise in regulations across major economies requiring landlords to limit the environmental footprint of their buildings. Pimco's strategy coincides with a rise in regulations across major economies requiring landlords to limit the environmental footprint of their buildings. https://www.businesstimes.com.sg/companies-markets/energy-commodities/singapore-oil-refiner-aster-still-m-hunt-open-ipo-assets-mature The Business Times en 2026-06-19T13:00:00+08:00 Singapore oil refiner Aster still on M&A hunt, ‘open’ to IPO as assets mature https://cassette.sphdigital.com.sg/image/businesstimes/5ad230c5eaff2ef37c1860e2e98cd49b5618f8b9423e4f92546b20338e2a46e5 Aster's deputy CEO Andrew Khor says the company plans to sell more bitumen from its Singapore facility to Indonesia. Aster's deputy CEO Andrew Khor says the company plans to sell more bitumen from its Singapore facility to Indonesia. https://www.businesstimes.com.sg/opinion-features/beyond-beaches-or-bali-singapores-push-urban-wellness-tourism The Business Times en 2026-06-19T13:00:00+08:00 Beyond beaches or Bali: Singapore’s push for urban wellness tourism https://cassette.sphdigital.com.sg/image/businesstimes/785019a6e020669a12febcff50c53b94efab7db67668438fc697c9bf2a6469b2 The S$1 billion wellness attraction in Marina South is slated to open in 2030. The S$1 billion wellness attraction in Marina South is slated to open in 2030. https://www.businesstimes.com.sg/international/global/asean-russia-reaffirm-commitment-deepening-cooperation-summit-kazan The Business Times en 2026-06-19T12:41:50+08:00 Asean, Russia reaffirm commitment to deepening cooperation at summit in Kazan https://cassette.sphdigital.com.sg/image/businesstimes/f15472535d1f95fc8a9c94830e48bf4871c12d112178a85918065c37718fea89 Asean leaders and Russian President Vladimir Putin at a summit that marked the 35th anniversary of relations between Asean and Russia. Asean leaders and Russian President Vladimir Putin at a summit that marked the 35th anniversary of relations between Asean and Russia. https://www.businesstimes.com.sg/international/asean/malaysias-may-exports-surge-45-3-topping-forecasts-inflation-rises-2 The Business Times en 2026-06-19T12:14:15+08:00 Malaysia’s May exports surge 45.3%, topping forecasts as inflation rises 2% https://cassette.sphdigital.com.sg/image/businesstimes/cc03e2adba821a2e9e116b7009cdef07f59a55a519ca16e5792ac7a9204546db Economists polled by Reuters had expected Malaysia to log a 30.5% rise in exports in May. Economists polled by Reuters had expected Malaysia to log a 30.5% rise in exports in May. https://www.businesstimes.com.sg/international/foreigners-bought-us103-billion-us-securities-april-treasury-holdings-rise The Business Times en 2026-06-19T12:03:36+08:00 Foreigners bought US$103 billion of US securities in April, Treasury holdings rise https://cassette.sphdigital.com.sg/image/businesstimes/071d8df24656e3ba4d80e3a29a01d773d87baa6e2b3ad0cd5bea7ad9014c0025 The total in April of all net foreign acquisitions was a net TIC inflow of US$26.1 billion, Treasury said. The total in April of all net foreign acquisitions was a net TIC inflow of US$26.1 billion, Treasury said. https://www.businesstimes.com.sg/singapore/therme-singapore-be-european-wellness-groups-gateway-asia The Business Times en 2026-06-19T12:00:00+08:00 Therme Singapore to be European wellness group’s gateway to Asia https://cassette.sphdigital.com.sg/image/businesstimes/0c9850981d674949c3f72086c4be7ed2171ef5dabea5ea37d41834989fa959a8 Therme Group founder and CEO Robert Hanea (left) and Therme Group Asia and Singapore chairman Mah Bow Tan speak with BT ahead of the ground-breaking ceremony. Therme Group founder and CEO Robert Hanea (left) and Therme Group Asia and Singapore chairman Mah Bow Tan speak with BT ahead of the ground-breaking ceremony. https://www.businesstimes.com.sg/singapore/mah-bow-tan-led-therme-singapore-breaks-ground-wellness-facility-thermal-baths-spas The Business Times en 2026-06-19T12:00:00+08:00 Mah Bow Tan-led Therme Singapore breaks ground on wellness facility with thermal baths, spas https://cassette.sphdigital.com.sg/image/businesstimes/ca535555f8de3f6794bcaf4a13356ad4011fd00137376d830231099e04f96c82 At full capacity, the new wellness facility being developed by Therme Group in Singapore will be able to accommodate two million visitors annually, with half expected to be international visitors. At full capacity, the new facility will be able to accommodate two million visitors annually, with half expected to be international visitors. https://www.businesstimes.com.sg/companies-markets/aletas-fintech-solution-allows-local-and-regional-smes-issue-custom-visa-cards The Business Times en 2026-06-19T11:00:00+08:00 Aleta’s fintech solution allows local and regional SMEs to issue custom Visa cards  https://cassette.sphdigital.com.sg/image/businesstimes/1b8c4c723db0ac500c4c0b98c566c2ce06345c2fde8669cbde3fb29d053ecd1e Ryan Gwee, Founder and Group Chairman of Aleta, holding the Aleta Sanrio characters Visa debit cards, with Adeline Kim, Visa, Group Country Manager, Regional Southeast Asia and SVP, Global Clients and Acquirers, Asia Pacific. Ryan Gwee (left) of Aleta and Adeline Kim of Visa at the announcement of the companies' partnership. https://www.businesstimes.com.sg/companies-markets/banking-finance/kpmg-australia-spars-lawmakers-amid-probe-scandal The Business Times en 2026-06-19T10:59:36+08:00 KPMG Australia spars with lawmakers amid probe into scandal https://cassette.sphdigital.com.sg/image/businesstimes/04359d9aa65ddadb3af518485fe557729662025bb89e4ebe64efd424322d8ae7 Former KPMG Australia Chief Executive Andrew Yates speaks during a Parliamentary Joint Committee on Corporations and Financial Services hearing at Australian Parliament House in Canberra, Australia, June 19, 2026. Lukas Coch/AAP/via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. NO RESALES. NO ARCHIVE. AUSTRALIA OUT. NEW ZEALAND OUT. NO COMMERCIAL OR EDITORIAL SALES IN NEW ZEALAND. NO COMMERCIAL OR EDITORIAL SALES IN AUSTRALIA. “I have taken accountability for the things that did not go right,” said Andrew Yates, KPMG Australia’s former CEO. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/manus-original-investors-plan-buy-back-ai-firm-meta-us2-billion-report The Business Times en 2026-06-19T10:37:53+08:00 Manus original investors plan to buy back AI firm from Meta for US$2 billion: report https://cassette.sphdigital.com.sg/image/businesstimes/8c714a5c3781707f5d5e9d8915e7ee43a54f9cc9c08f42752a8f03c4b2980bc5 Manus is considering overhauling its business structure to become a joint venture incorporated in China. Manus is considering overhauling its business structure to become a joint venture incorporated in China. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/yen-brink-40-year-low-puts-markets-intervention-watch The Business Times en 2026-06-19T10:06:39+08:00 Yen at brink of 40-year low puts markets on intervention watch https://cassette.sphdigital.com.sg/image/businesstimes/6727d8c47ead9e509ffdfa20de6b759993211254b5b241faea3d7b07775655ab The yen changed hands at 161.25 per US dollar in early trading in Tokyo after hitting 161.81 overnight, its weakest since July 2024. The yen changed hands at 161.25 per US dollar in early trading in Tokyo after hitting 161.81 overnight, its weakest since July 2024. https://www.businesstimes.com.sg/international/asean/philippine-thai-earnings-among-south-east-asias-most-affected-iran-war-bloomberg-data The Business Times en 2026-06-19T09:52:18+08:00 Philippine, Thai earnings among South-east Asia’s most affected by Iran war: Bloomberg data https://cassette.sphdigital.com.sg/image/businesstimes/53d40bcc0d41011fc8c7e83cfe801fb11ac2eb1e0a5354797348cfb481986f1f Aviation is among the hardest hit as airspace closures and flight cancellations disrupted operations. Aviation is among the hardest hit as airspace closures and flight cancellations disrupted operations. https://www.businesstimes.com.sg/international/worst-foreign-policy-blunder-decades-us-republicans-blast-trumps-iran-agreement-details-emerge The Business Times en 2026-06-19T09:43:48+08:00 ‘Worst foreign policy blunder in decades’: US Republicans blast Trump’s Iran agreement as details emerge https://cassette.sphdigital.com.sg/image/businesstimes/20fb2220d01413a8d85e20c0c2d50041ddaabe28c9fc73848207ee3297523e57 Some of the sharpest criticism of the agreement has involved reports that the Trump administration has agreed to release frozen Iranian assets. Some of the sharpest criticism of the agreement has involved reports that the Trump administration has agreed to release frozen Iranian assets. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/spacex-bankers-prepare-bond-sale-least-us20-billion The Business Times en 2026-06-19T09:25:19+08:00 SpaceX bankers prepare for bond sale of at least US$20 billion https://cassette.sphdigital.com.sg/image/businesstimes/b2f6ad608cf717782a70e65095e3a9586f4c9cd799473c7e240d3cee8b9ffd4e SpaceX received ratings in the BBB tier from all three major bond graders. SpaceX received ratings in the BBB tier from all three major bond graders. https://www.businesstimes.com.sg/thrive/career-guide/business-behind-singapores-art-market-boom The Business Times en 2026-06-19T09:17:59+08:00 The business behind Singapore’s art market boom https://cassette.sphdigital.com.sg/image/businesstimes/469f971fecaeddee06d51d69823c671462baba02b098c1dcf86b6e2b0b287975 BT BT https://www.businesstimes.com.sg/companies-markets/claimants-drop-s731212-lawsuit-against-property-agency-era The Business Times en 2026-06-19T08:50:50+08:00 Claimants drop S$731,212 lawsuit against property agency ERA https://cassette.sphdigital.com.sg/image/businesstimes/d238b0f0d4b7fc7657158fae402ee794adb501fba23d265399d99bf3e066c3c3 Apac Realty stated that there is no material impact on the financial position and performance of the group for the financial year ending Dec 31, 2026, arising from the discontinuation. Apac Realty, the parent company of ERA Realty, did not disclose the reason for the discontinuation. https://www.businesstimes.com.sg/wealth/wealth-investing/nasdaq-listed-stonexs-bullion-arm-offer-gold-silver-vaulting-services-singapore-sources-say The Business Times en 2026-06-19T08:39:46+08:00 Nasdaq-listed StoneX’s bullion arm to offer gold, silver vaulting services in Singapore, sources say https://cassette.sphdigital.com.sg/image/businesstimes/a3e7ea46a72573faeee5b281080342e7ddab39a17fcb928bd5e65d50dff2d948 StoneX Bullion currently stores bullion and fulfils orders out of Frankfurt, while having another office in Dubai. The firm currently stores bullion and fulfils orders out of Frankfurt, while having another office in Dubai. https://www.businesstimes.com.sg/companies-markets/lum-chang-creations-raise-s26-6-million-proposed-share-placement The Business Times en 2026-06-19T08:37:40+08:00 Lum Chang Creations to raise up to S$26.6 million via proposed share placement https://cassette.sphdigital.com.sg/image/businesstimes/ada63150116b2d7d9c2c66b655dd327f47c422303edd74483735e2a2591ded6f The move is aimed at increasing the firm’s public float as it prepares to transfer its listing from the Catalist board to the mainboard of the Singapore Exchange (SGX). The company expects net proceeds from the new shares to amount to S$10.8 million. https://www.businesstimes.com.sg/companies-markets/stocks-watch-apac-realty-lum-chang-creations The Business Times en 2026-06-19T08:33:11+08:00 Stocks to watch: Apac Realty, Lum Chang Creations https://cassette.sphdigital.com.sg/image/businesstimes/b8dcb1ec0b5484170c66f4b3027552500ca5d5cae824783f427fb7cf418158fd Apac Realty announced on Friday that the lawsuit previously filed against its wholly-owned subsidiary, property agency ERA Realty Network, has been discontinued and withdrawn. Apac Realty announced on Friday that the lawsuit previously filed against ERA Realty Network, has been discontinued and withdrawn. https://www.businesstimes.com.sg/companies-markets/spacex-shares-end-first-week-trading-37-ipo-price The Business Times en 2026-06-19T08:29:13+08:00 SpaceX shares end first week of trading up 37% from IPO price https://cassette.sphdigital.com.sg/image/businesstimes/c07bed7bddf4d91c69dfd4f9fe5e8cb4a574063b8b4e26d2dd18cf2cf83bd77a SpaceX's total market capitalisation at close on Jun 18 was US$2.4 trillion, making it the sixth-largest company in the world. SpaceX's total market capitalisation at close on Jun 18 was US$2.4 trillion, making it the sixth-largest company in the world. https://www.businesstimes.com.sg/international/asean/msci-downgrades-indonesias-information-flow-criterion-transparency-concerns The Business Times en 2026-06-19T07:52:11+08:00 MSCI downgrades Indonesia’s information flow criterion on transparency concerns https://cassette.sphdigital.com.sg/image/businesstimes/743a7584fb5062007362f0cec3944d9fd5092b2ba7af8e246be942958d6f6313 The benchmark Jakarta stock index is down more than 27% in 2026, making it the worst-performing major market in the world. The benchmark Jakarta stock index is down more than 27% in 2026, making it the worst-performing major market in the world. https://www.businesstimes.com.sg/opinion-features/how-ride-iedge-singapore-next-50-indices-momentum-wanes The Business Times en 2026-06-19T07:00:00+08:00 How to ride the iEdge Singapore Next 50 indices as momentum wanes https://cassette.sphdigital.com.sg/image/businesstimes/1385c3e6f60d00d972833a0b37082f425036f64f63ce017fa8861be2e8aa6c6f AEM, Top Glove, UI Boustead Reit and PC Partner will be added to the iEdge Singapore Next 50 indices, replacing SingPost, Digital Core Reit, Wee Hur and China Sunsine. AEM, Top Glove, UI Boustead Reit and PC Partner will be added to the iEdge Singapore Next 50 indices, replacing SingPost, Digital Core Reit, Wee Hur and China Sunsine. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/cse-globals-share-slide-over-boardroom-clash-overblown-analysts The Business Times en 2026-06-19T07:00:00+08:00 CSE Global’s share slide over boardroom clash overblown: analysts https://cassette.sphdigital.com.sg/image/businesstimes/8641b947b5b28881a9bc29a034866b766fd04e7d854e7ef565f68a843cc45951 A clash between CSE Global board chairman Eugene Lai (left) and Tan Chian Khong led to the latter’s resignation as the company's lead independent director. A clash between CSE Global board chairman Eugene Lai (left) and Tan Chian Khong led to Tan’s resignation as the company's lead independent director. https://www.businesstimes.com.sg/lifestyle/food-drink/underrated-heritage-charm-hathaway The Business Times en 2026-06-19T07:00:00+08:00 Underrated heritage charm at Hathaway https://cassette.sphdigital.com.sg/image/businesstimes/a7c31c485d4fd5645bb1daa5ed515b733e7fbc632f2a73e86f888909323911b8 The new restaurant Hathaway Autograph is located in Varel Singapore on the cusp of Little India. Hathaway is located in Varel Singapore on the cusp of Little India. https://www.businesstimes.com.sg/companies-markets/dbs-sees-46-upside-jardine-matheson-analysts-expect-it-surpass-conservative-targets The Business Times en 2026-06-19T07:00:00+08:00 DBS sees 46% upside for Jardine Matheson; analysts expect it to surpass ‘conservative’ targets https://cassette.sphdigital.com.sg/image/businesstimes/90e627c8d9b027666c025398ceee53057726d87d663ec2ed35386e6488d23e0e Jardine Matheson recently acquired Australian diagnostic chain i-MED. The conglomerate's strategy is already taking shape via its recent US$2.4 billion acquisition of Australian diagnostic chain I-MED Radiology Network. https://www.businesstimes.com.sg/opinion-features/what-singapore-can-learn-chengdu-about-revitalising-retail The Business Times en 2026-06-19T07:00:00+08:00 What Singapore can learn from Chengdu about revitalising retail https://cassette.sphdigital.com.sg/image/businesstimes/821cd12f5f27d6b50f363681d5d2507c59041331e97fd09381c634b0e29202b3 Chengdu’s success at revitalising its retail spaces is worth studying. Start with people, create reasons to gather, allow concepts to be tested and let the place evolve. Chengdu’s success at revitalising its retail spaces is worth studying. Start with people, create reasons to gather, allow concepts to be tested and let the place evolve. https://www.businesstimes.com.sg/international/global/uncertainty-hangs-over-timing-us-iran-peace-talks-switzerland-meeting-scrapped The Business Times en 2026-06-19T06:56:13+08:00 Uncertainty hangs over timing of US-Iran peace talks as Switzerland meeting scrapped https://cassette.sphdigital.com.sg/image/businesstimes/90ee19192a2d4fe88578a6dcb7964514574f29e8f8789aaa5b34e71cfbc988fc U.S. Vice President JD Vance speaks during a press briefing at the White House in Washington, D.C., U.S., June 18, 2026. REUTERS/Eric Lee US Vice-President Vance and the US delegation had been ready to depart for Switzerland as soon as plans for the talks were finalised. https://www.businesstimes.com.sg/international/global/oil-falls-supply-moves-through-strait-hormuz-after-iran-war-pact The Business Times en 2026-06-19T06:22:59+08:00 Oil falls as supply moves through Strait of Hormuz after Iran war pact https://cassette.sphdigital.com.sg/image/businesstimes/5a6c8295da88394827199881b780b596e7cb0b66a1abe3e794627d58cf88fed2 The push for diplomacy and the reopening of Hormuz allow for a resumption of production shuttered by major oil exporters. The push for diplomacy and the reopening of Hormuz allow for a resumption of production shuttered by major oil exporters. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/wall-street-indexes-advance-boost-chips-us-iran-deal-optimism The Business Times en 2026-06-19T06:08:49+08:00 Wall Street indexes advance with boost from chips, US-Iran deal optimism https://cassette.sphdigital.com.sg/image/businesstimes/d2f407af774e46c43be70e1dacdf88bc6a9ba7a8205a5d031da851df44fcbd7f Inflation has been a huge worry for investors as oil prices had soared since the Iran war began in late February. Inflation has been a huge worry for investors as oil prices had soared since the Iran war began in late February. https://www.businesstimes.com.sg/lifestyle/mbf-goes-back-future-hm12-guardian The Business Times en 2026-06-19T06:00:00+08:00 MB&F goes back to the future with HM12 The Guardian https://cassette.sphdigital.com.sg/image/businesstimes/757413e2411e3365fa44e21f7696ff068377a119e8a8ffdc1f0026e7af74851b The robotic face of the HM12 watch has a futuristic look. The HM12’s face is built around the two “eyes”, the bidirectional jumping hours and trailing minutes. The tourbillon forms the “brain”. https://www.businesstimes.com.sg/international/asean/thailand-revives-1-trillion-baht-coast-coast-corridor-rival-malacca-strait The Business Times en 2026-06-19T06:00:00+08:00 Thailand revives 1 trillion baht coast-to-coast corridor to rival Malacca Strait https://cassette.sphdigital.com.sg/image/businesstimes/8beea0dff6c6d38c47648f09e9abf29cc534677a2f8b658972341c16a8807295 Ranong province, Thailand—the planned site for a key section of the country’s proposed Southern Land Bridge project. Ranong province is a planned site for a key section of Thailand’s proposed Southern Land Bridge project. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-retreat-markets-mull-hawkish-us-federal-reserve The Business Times en 2026-06-19T05:46:46+08:00 European shares retreat as markets mull hawkish US Federal Reserve https://cassette.sphdigital.com.sg/image/businesstimes/965e55e41c71388826ab39e6844b2df7891348f9258d502d2fdce10cc6a809e9 The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, June 17, 2026. REUTERS/staff The pan-European Stoxx 600 index closed 0.3% lower on Jun 18, snapping a five-day winning streak. https://www.businesstimes.com.sg/companies-markets/baptism-fire-andre-khor-leading-singapore-refiner-aster-through-energy-crisis The Business Times en 2026-06-19T01:00:00+08:00 ‘Baptism of fire’: Andre Khor on leading Singapore refiner Aster through an energy crisis https://cassette.sphdigital.com.sg/image/businesstimes/b80fcfdf0965914a0fc5df53d4498cded214d507fc1ea42710fae2af95dff388 Aster Energy's deputy chief executive Andre Khor Aster's deputy chief executive Andre Khor says that agility is critical in an age of "polycrisis". https://www.businesstimes.com.sg/companies-markets/banking-finance/ai-cuts-tech-project-times-years-months-says-deutsche-bank-executive The Business Times en 2026-06-18T23:32:18+08:00 AI cuts tech project times from years to months, says Deutsche Bank executive https://cassette.sphdigital.com.sg/image/businesstimes/672ff3d05111bad72b4c4096f36f5445dd875ad065e035069aedca6d37b4ca14 Backlogs that once took months are now being cleared in weeks, a Deutsche Bank senior executive said. Backlogs that once took months are now being cleared in weeks, a Deutsche Bank senior executive said. https://www.businesstimes.com.sg/companies-markets/transport-logistics/bmw-right-track-chairman-says-profit-warning-hits-shares The Business Times en 2026-06-18T23:20:00+08:00 BMW 'on right track', chairman says as profit warning hits shares https://cassette.sphdigital.com.sg/image/businesstimes/fbf375fa14cd5c70741d97cb43d9af73a297cb3bb7098e97ba742ac2d5caeee2 BMW may announce capacity cuts in Europe and accelerate its strategy of localising production in North America and China. BMW may announce capacity cuts in Europe and accelerate its strategy of localising production in North America and China. https://www.businesstimes.com.sg/companies-markets/energy-commodities/opec-sticks-robust-oil-demand-outlook-sees-no-peak-horizon The Business Times en 2026-06-18T22:58:35+08:00 Opec sticks to robust oil demand outlook, sees no peak on horizon https://cassette.sphdigital.com.sg/image/businesstimes/a979515180c97b0622b388cd9defd04cee54846c9206ad6e8b497fda9f4a1a83 World demand will rise to 113.3 million bpd in 2030 from 105.1 million barrels per day in 2025. World demand will rise to 113.3 million bpd in 2030 from 105.1 million barrels per day in 2025. https://www.businesstimes.com.sg/companies-markets/transport-logistics/byd-send-hot-selling-suv-europe-pressuring-incumbents The Business Times en 2026-06-18T22:29:10+08:00 BYD to send hot-selling SUV to Europe, pressuring incumbents https://cassette.sphdigital.com.sg/image/businesstimes/73e6185a1fbfdbd8ad41f69e04df78fb350309ac723f1f784f7de3b0edfca9ef BYD is stepping up investment in Europe. BYD is stepping up investment in Europe. https://www.businesstimes.com.sg/singapore/dim-sum-chain-tim-ho-wan-close-first-singapore-outlet-part-plaza-singapuras-redevelopment The Business Times en 2026-06-18T22:00:11+08:00 Dim sum chain Tim Ho Wan to close first Singapore outlet as part of Plaza Singapura’s redevelopment https://cassette.sphdigital.com.sg/image/businesstimes/451a631d0b7da120f7ee87a245a1d37859719ae1b94ecdd85e0ccca2bdab7637 Hong Kong dim sum chain Tim Ho Wan will host a customer appreciation dinner event on July 12. Hong Kong dim sum chain Tim Ho Wan will host a customer appreciation dinner event on July 12. https://www.businesstimes.com.sg/companies-markets/wall-st-opens-higher-iran-deal-optimism-offsets-hawkish-fed The Business Times en 2026-06-18T21:42:51+08:00 Wall St opens higher as Iran deal optimism offsets hawkish Fed https://cassette.sphdigital.com.sg/image/businesstimes/c62a6ed8920e4eebb8d3bf8a88db3ac3da47a7ae0b2031888e583018793dd50f The Dow Jones Industrial Average rose 79.3 points, or 0.15 per cent, to 51,571.85. The Dow Jones Industrial Average rose 79.3 points, or 0.15 per cent, to 51,571.85. https://www.businesstimes.com.sg/companies-markets/transport-logistics/uk-moves-ahead-heathrow-airport-expansion-plan The Business Times en 2026-06-18T21:37:55+08:00 UK moves ahead with Heathrow Airport expansion plan https://cassette.sphdigital.com.sg/image/businesstimes/15e0d13ad3bcea4abaa80f46cb1131001cb1898ea1f7fb55326088fb0da424c8 Plans to expand Heathrow have faced opposition for decades from local communities and environmentalists. Plans to expand Heathrow have faced opposition for decades from local communities and environmentalists. https://www.businesstimes.com.sg/international/asean/indonesia-taps-capital-markets-veteran-boost-confidence-struggling-stock-market The Business Times en 2026-06-18T21:17:01+08:00 Indonesia taps capital markets veteran to boost confidence in struggling stock market https://cassette.sphdigital.com.sg/image/businesstimes/48e8e200451f6db3ad124f4569973f6e832afc9ddb969b896e9921fbe9ab470d Jeffrey Hendrik will serve a four-year term through 2030, according to the Indonesia Stock Exchange. Jeffrey Hendrik will serve a four-year term through 2030, according to the Indonesia Stock Exchange. https://www.businesstimes.com.sg/international/taiwan-central-bank-raises-growth-outlook-flags-inflation-concerns The Business Times en 2026-06-18T21:09:25+08:00 Taiwan central bank raises growth outlook, flags inflation concerns https://cassette.sphdigital.com.sg/image/businesstimes/2ee0cbaef33f7ac912a1c213ede4611fde752d44dd3ff1d5f6395ca26b30ef69 Yang Chin-long, Taiwan central bank's governor, expects expanding business opportunities from AI to drive export growth this year. Yang Chin-long, Taiwan central bank's governor, expects expanding business opportunities from AI to drive export growth this year. https://www.businesstimes.com.sg/international/us-weekly-jobless-claims-fall-amid-low-layoffs The Business Times en 2026-06-18T21:07:13+08:00 US weekly jobless claims fall amid low layoffs https://cassette.sphdigital.com.sg/image/businesstimes/36500d8a8b8cdca20c0ca227ac7d3635c90d182f3599e94bfaf39eb22172a68f The median duration of unemployment jumped to 11.6 weeks in May, the longest stretch since November 2021, from 11.0 weeks in April. The median duration of unemployment jumped to 11.6 weeks in May, the longest stretch since November 2021, from 11.0 weeks in April. https://www.businesstimes.com.sg/international/un-food-agencies-seek-us202-million-shield-8-8-million-people-el-nino The Business Times en 2026-06-18T20:59:49+08:00 UN food agencies seek US$202 million to shield 8.8 million people from El Nino https://cassette.sphdigital.com.sg/image/businesstimes/54b0448800b92f0d5ad976001a86836721e3159849ee2ef96bfe570fdd959d80 Above: a view of cracked ground at Zimbabwe. Strong El Nino conditions in the second half of 2026 are predicted to increase the likelihood of drought, floods and storms in areas including parts of Africa and Asia, FAO and WFP said. Above: a view of cracked ground at Zimbabwe. Strong El Nino conditions in the second half of 2026 are predicted to increase the likelihood of drought, floods and storms in areas including parts of Africa and Asia, FAO and WFP said. https://www.businesstimes.com.sg/singapore/mas-adds-one-worlds-largest-crypto-exchanges-list-warning-investors The Business Times en 2026-06-18T20:58:45+08:00 MAS adds one of world’s largest crypto exchanges to list warning investors https://cassette.sphdigital.com.sg/image/businesstimes/b78f67707c8d3ba0efa8b252ce8a2dede24f5ac70380346d753b161d04e8119b Co-founded by Singapore-based entrepreneur Ben Zhou, the exchange said it has been restricting access to users in Singapore. Co-founded by Singapore-based entrepreneur Ben Zhou, the exchange said it has been restricting access to users in Singapore. https://www.businesstimes.com.sg/companies-markets/transport-logistics/singapore-favoured-muslim-travellers-amid-surge-ai-assisted-holiday-planning-report The Business Times en 2026-06-18T20:52:35+08:00 Singapore favoured by Muslim travellers amid surge in AI-assisted holiday planning: report https://cassette.sphdigital.com.sg/image/businesstimes/07296c88bdbac8af9f1e9d05940f8a51f48fb92dd22a976fe0c398b6ad734580 Four in five travellers now use AI tools to plan, evaluate and discover their journeys, the Global Muslim Travel Index shows. Four in five travellers now use AI tools to plan, evaluate and discover their journeys, the Global Muslim Travel Index shows. https://www.businesstimes.com.sg/companies-markets/banking-finance/bank-england-holds-rates-7-2-vote-oil-outlook-eases The Business Times en 2026-06-18T20:51:21+08:00 Bank of England holds rates in 7-2 vote as oil outlook eases https://cassette.sphdigital.com.sg/image/businesstimes/81c43bef708d7778b3c8c8377c806079e5d5360e3f791f85aeb6c0253d82a4dd "Oil prices have fallen in recent days and that's encouraging," Bank of England Governor Andrew Bailey said in written remarks. "Oil prices have fallen in recent days and that's encouraging," Bank of England Governor Andrew Bailey said in written remarks. https://www.businesstimes.com.sg/international/greenback-hits-one-year-high-fed-hike-bets-japan-warns-yen The Business Times en 2026-06-18T20:17:11+08:00 Greenback hits one-year high on Fed hike bets; Japan warns on yen https://cassette.sphdigital.com.sg/image/businesstimes/7300f4e36b106f3b042cccef9d1b158d351006934a92acfa91b92e79a21ad3e4 The dollar index is up 0.36% at 100.71, reaching its highest level in more than a year. The dollar index is up 0.36% at 100.71, reaching its highest level in more than a year. https://www.businesstimes.com.sg/international/global/first-tankers-cross-strait-after-iran-deal-israeli-strikes-stir-doubt-lebanon The Business Times en 2026-06-18T19:47:38+08:00 First tankers cross strait after Iran deal; Israeli strikes stir doubt in Lebanon https://cassette.sphdigital.com.sg/image/businesstimes/de13826b4f89afee3bb8c8e29ca877c02210a415fc3a6e390740921a5fa5d734 Vessels at the Strait of Hormuz, as seen from Musandam, Oman, June 16, 2026. Though shippers say it will still take time for transit across the strait to reach pre-war levels, there were immediate signs of an impact. https://www.businesstimes.com.sg/companies-markets/singapore-shares-end-higher-sti-0-7 The Business Times en 2026-06-18T18:47:19+08:00 Singapore shares end higher; STI up 0.7% https://cassette.sphdigital.com.sg/image/businesstimes/299d198368cd0a49b46d4cdd372bb6c31f83d6cb0ed19dc91e13679ca6e3e565 Across the broader market, gainers outnumber losers 372 to 242, after 1.3 billion securities worth S$2.2 billion change hands. Across the broader market, gainers outnumber losers 372 to 242, after 1.3 billion securities worth S$2.2 billion change hands. https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-jun-182 The Business Times en 2026-06-18T18:45:00+08:00 Daily Debrief: What Happened Today (Jun 18) https://cassette.sphdigital.com.sg/image/businesstimes/b9be019b10b3f96abf23d9e1f4b43ff35592b45135df947049c9a0cac68476c8 The River Valley Green (Parcel C) site is expected to yield 470 homes. The River Valley Green (Parcel C) site is expected to yield 470 homes. https://www.businesstimes.com.sg/international/asean/bank-indonesia-raises-rates-second-time-eight-days-defend-rupiah The Business Times en 2026-06-18T18:28:47+08:00 Bank Indonesia raises rates for the second time in eight days to defend rupiah https://cassette.sphdigital.com.sg/image/businesstimes/e48195d3e925d997cf805540461783f54faa3029d5c1c5ee9fae6f4d1cf5e4aa With inflation contained and global risks showing tentative signs of easing, Indonesian authorities are using higher rates to reinforce confidence in the country’s assets. With inflation contained and global risks showing tentative signs of easing, Indonesian authorities are using higher rates to reinforce confidence in the country’s assets. https://www.businesstimes.com.sg/companies-markets/energy-commodities/petrochina-forecasts-chinese-oil-consumption-will-drop-4-9-year The Business Times en 2026-06-18T18:27:22+08:00 PetroChina forecasts Chinese oil consumption will drop 4.9% this year https://cassette.sphdigital.com.sg/image/businesstimes/e40f5c8f66084b1dbf3b93056acf242a05887b23db723b9983ea98bc9eff25df China, the world’s second-largest oil consumer, is forecast to consume 753 million tons of oil in 2026, a 4.9 per cent drop from 2025. China, the world’s second-largest oil consumer, is forecast to consume 753 million tons of oil in 2026, a 4.9 per cent drop from 2025. https://www.businesstimes.com.sg/international/ecbs-kocher-says-inflation-stay-while-after-iran-deal The Business Times en 2026-06-18T18:07:06+08:00 ECB’s Kocher says inflation to stay for a while after Iran deal https://cassette.sphdigital.com.sg/image/businesstimes/c9ced9a16f26650f32506490eea4509f930c5955bef10ccbd69bc64508c70bc0 Fresh forecasts show price gains taking until 2028 to ease back to ECB's 2 per cent target. Fresh forecasts show price gains taking until 2028 to ease back to ECB's 2 per cent target. https://www.businesstimes.com.sg/lifestyle/food-drink/new-restaurants-finding-fresh-opportunities-singapores-volatile-dining-scene The Business Times en 2026-06-18T18:00:00+08:00 New restaurants – finding fresh opportunities in Singapore’s volatile dining scene https://cassette.sphdigital.com.sg/image/businesstimes/0e7e9d7ea2b58dff2b0a983efd706f2ca1161ac9582f7b41851be14c35979fe7 The newly opened Orchard venue 67 on Scotts in Singapore offers all-day dining with a Mediterranean menu. The newly opened Orchard venue 67 on Scotts offers all-day dining with a Mediterranean menu. https://www.businesstimes.com.sg/opinion-features/g7-summit-opens-door-asia-pacific-and-businesses The Business Times en 2026-06-18T18:00:00+08:00 G7 summit opens door to Asia-Pacific and businesses https://cassette.sphdigital.com.sg/image/businesstimes/e96cb6f679a60a115c36dda199d0b938fd822a0bc6ef41f04953ebd863e46adc The bigger factor driving positive atmospherics at the summit was the announcement of the US-Iran MOU, and US President Donald Trump’s (centre) signing of the document.  The bigger factor driving positive atmospherics at the summit was the announcement of the US-Iran MOU, and US President Donald Trump’s (centre) signing of the document.  https://www.businesstimes.com.sg/international/china-seen-holding-rates-unchanged-uneven-economic-recovery-persists The Business Times en 2026-06-18T17:55:57+08:00 China seen holding rates unchanged as uneven economic recovery persists https://cassette.sphdigital.com.sg/image/businesstimes/7d09f858444da4335dfa9955ac59b1c8789f2c164b7bd544f44c107b5fd0f8d5 The People's Bank of China appears to be deepening its control over short-term money markets, tying overnight borrowing costs more closely to its seven-day reverse repo rate. The People's Bank of China appears to be deepening its control over short-term money markets, tying overnight borrowing costs more closely to its seven-day reverse repo rate. https://www.businesstimes.com.sg/companies-markets/transport-logistics/chinese-regulator-asks-lalamove-make-changes-comply-antitrust-rules The Business Times en 2026-06-18T17:47:58+08:00 Chinese regulator asks Lalamove to make changes to comply with antitrust rules https://cassette.sphdigital.com.sg/image/businesstimes/29272aa4915d43cb0f3ff1c246dae4313952435602c8d3478237f62e8c80d558 The regulator summoned Hong Kong-based Lalamove to a meeting in September, demanding the company abide by China’s anti-monopoly law and compete fairly. The regulator summoned Hong Kong-based Lalamove to a meeting in September, demanding the company abide by China’s anti-monopoly law and compete fairly. https://www.businesstimes.com.sg/international/china-plans-mechanism-evaluate-ai-impacts-job-market The Business Times en 2026-06-18T17:47:25+08:00 China plans mechanism to evaluate AI impacts on job market https://cassette.sphdigital.com.sg/image/businesstimes/51d4bdd8f5a9108e86dc56060aa92766e8d517c2e28e0cc4d1a83f97cb00b5a4 As formal employment opportunities dwindle, more are being pushed into unstable gig work such as food delivery. As formal employment opportunities dwindle, more are being pushed into unstable gig work such as food delivery. https://www.businesstimes.com.sg/property/sunway-mcl-csc-make-bold-bet-river-valley-site-s1730-psf-ppr-bid-s750-6-million The Business Times en 2026-06-18T17:36:41+08:00 Sunway MCL, CSC make bold bet on River Valley site with S$1,730 psf ppr bid at S$750.6 million https://cassette.sphdigital.com.sg/image/businesstimes/b9be019b10b3f96abf23d9e1f4b43ff35592b45135df947049c9a0cac68476c8 The River Valley Green (Parcel C) site is expected to yield 470 homes. The River Valley Green (Parcel C) site is expected to yield 470 homes. https://www.businesstimes.com.sg/companies-markets/transport-logistics/qantas-fly-special-airbus-jet-first-sydney-london-nonstop The Business Times en 2026-06-18T17:36:24+08:00 Qantas to fly special Airbus jet on first Sydney-London nonstop https://cassette.sphdigital.com.sg/image/businesstimes/e570db2dd6a42709c531aa6673c83444ac5f7fd3c16b30e99c2757a92302056d Qantas is set to receive its first Airbus A350-1000ULR in April after long delays in building the bespoke jet. The plane can fly more than 20 hours nonstop. Qantas is set to receive its first Airbus A350-1000ULR in April after long delays in building the bespoke jet. The plane can fly more than 20 hours nonstop. https://www.businesstimes.com.sg/international/first-saudi-supertankers-start-crossing-hormuz-after-deal The Business Times en 2026-06-18T17:27:38+08:00 First Saudi supertankers start crossing Hormuz after deal https://cassette.sphdigital.com.sg/image/businesstimes/37aba78f97abc058ab8ae43634892d58b958acbaa38be8f2e341ee13c2a8d5da Saudi oil supertanker Shaden. Saudi oil supertanker Shaden. https://www.businesstimes.com.sg/singapore/singapore-reclaims-top-spot-imd-world-competitiveness-ranking-business-efficiency-improves The Business Times en 2026-06-18T17:20:53+08:00 Singapore reclaims top spot in IMD world competitiveness ranking as business efficiency improves https://cassette.sphdigital.com.sg/image/businesstimes/1b616b51c8c6e64a89bc260170e0b834a040d0b3b42f5a10b9f4c0cc1a5509db IMD said that Singapore’s return to first place “highlights how quickly agile economies can regain momentum”. IMD says Singapore’s return to first place “highlights how quickly agile economies can regain momentum”. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/blackstones-airtrunk-seeks-4-3-billion-loan-sydney-data-centre-project The Business Times en 2026-06-18T17:09:50+08:00 Blackstone’s AirTrunk seeks A$4.3 billion loan for Sydney data centre project https://cassette.sphdigital.com.sg/image/businesstimes/d8f08cb6eac47545ef6ca6337e42778452532ba6aa423c16ea06a79d14556a91 AirTrunk’s latest deal comes as lenders continue to plow billions of dollars into the sector to fund the AI growth and data centres required to power it. AirTrunk’s latest deal comes as lenders continue to plow billions of dollars into the sector to fund the AI growth and data centres required to power it. https://www.businesstimes.com.sg/international/global/french-senators-warn-wealth-black-box-tax-system The Business Times en 2026-06-18T17:06:42+08:00 French senators warn of wealth ‘black box’ in tax system https://cassette.sphdigital.com.sg/image/businesstimes/c956369e5e0db3c1dad25bab65b935246ceef77a0e18e2630fd5484d468ed1f5 The richest 10 per cent in France hold around two-thirds of total wealth, which represents around six times annual economic output compare to three times in 1970. The richest 10 per cent in France hold around two-thirds of total wealth, which represents around six times annual economic output compare to three times in 1970. https://www.businesstimes.com.sg/international/chinas-mid-year-shopping-festival-highlights-weak-demand-rising-role-ai The Business Times en 2026-06-18T16:51:49+08:00 China’s mid-year shopping festival highlights weak demand, rising role of AI https://cassette.sphdigital.com.sg/image/businesstimes/3c3ec9dcee575f9312213f82223701423076c760e95b7d66246f962a11f5d9bb This year’s event on platforms such as JD.com began in mid-May and will run until Jun 20 or 21 – about 40 days long. This year’s event on platforms such as JD.com began in mid-May and will run until Jun 20 or 21 – about 40 days long. https://www.businesstimes.com.sg/companies-markets/energy-commodities/evonik-cut-3200-jobs-worldwide-2029-it-extends-restructuring-programme The Business Times en 2026-06-18T16:44:36+08:00 Evonik to cut 3,200 jobs worldwide by 2029, as it extends restructuring programme https://cassette.sphdigital.com.sg/image/businesstimes/5457e1534711554f5e7b3adca8cf8d6fe96b8570654030a76a86333f127c392b Evonik had already announced cuts of around 2,800 positions until the end of 2026. Evonik had already announced cuts of around 2,800 positions until the end of 2026. https://www.businesstimes.com.sg/international/global/new-fed-chief-kevin-warsh-hawk-doves-clothing The Business Times en 2026-06-18T16:36:50+08:00 New Fed chief Kevin Warsh a hawk in dove’s clothing? https://cassette.sphdigital.com.sg/image/businesstimes/651ec093ffd72b52a2d558c4c2a8479a85fdc225cccf4e651fa4819db6edb12f In Wednesday's press conference, Fed chair Kevin Warsh said that he had ordered reviews of many of the US central bank's practices, including how it measures inflation. Warsh's short policy statement indicates the central bank will be more tight-lipped than what markets are used to. https://www.businesstimes.com.sg/lifestyle/portugals-ronaldo-does-little-shake-perception-he-yesterdays-man The Business Times en 2026-06-18T16:23:27+08:00 Portugal’s Ronaldo does little to shake the perception he is yesterday’s man https://cassette.sphdigital.com.sg/image/businesstimes/81076c6f3bee4261103b295dae2c63c7551c8f27a5b5c6d05960d2f964484dc6 Ronaldo, 41, is at his sixth World Cup, and had two chances to win the game, both of which he put wide from close range. Ronaldo, 41, is at his sixth World Cup and had two chances to win the game against the Democratic Republic of Congo, both of which he put wide from close range. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/south-koreas-kospi-index-tops-9000-chipmakers-hit-records The Business Times en 2026-06-18T16:10:26+08:00 South Korea’s Kospi index tops 9,000 as chipmakers hit records https://cassette.sphdigital.com.sg/image/businesstimes/061ba26da98bc239dc8d48cf771e9be48b98f86544f033ff666c3caefebedd6b The benchmark South Korea Composite Stock Price Index (Kospi) jumped 199.60 points, or 2.25%, to close at a new record high at 9,063.84. The benchmark South Korea Composite Stock Price Index (Kospi) jumped 199.60 points, or 2.25%, to close at a new record high at 9,063.84. https://www.businesstimes.com.sg/lifestyle/theres-bit-good-news-coral-reefs The Business Times en 2026-06-18T16:09:19+08:00 There’s a bit of good news for coral reefs https://cassette.sphdigital.com.sg/image/businesstimes/0fedae28f2c57eec075b6a9944802e7db7e16f4040bb6d61d23105916546835c More than 5,800 square miles of climate-resilient ocean in 72 countries has been identified. Cool currents, reduced exposure to sunlight and locations outside cyclone paths mean corals are more likely to survive. More than 15,000 square kilometres of climate-resilient ocean in 72 countries has been identified. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-subdued-fed-rate-hike-bets The Business Times en 2026-06-18T15:50:41+08:00 European shares subdued on Fed rate-hike bets https://cassette.sphdigital.com.sg/image/businesstimes/d82e0c3caf8baa2c817b9560d50165e38c160a12ed7118439558d7b3e89dc50d The European Stoxx 600 index edged 0.15 per cent lower to 638.35 points by 0812 GMT on Thursday. The European Stoxx 600 index edged 0.15 per cent lower to 638.35 points by 0812 GMT on Thursday. https://www.businesstimes.com.sg/companies-markets/banking-finance/indonesia-central-bank-raises-rates-25-basis-points The Business Times en 2026-06-18T15:45:14+08:00 Indonesia central bank raises rates by 25 basis points https://cassette.sphdigital.com.sg/image/businesstimes/1e64c187bc94c4aef21ab57b52bb646ef2fde970506ac0e9ac2faff1f91846e6 BI’s rare off-cycle increase last week reflected mounting urgency to stabilise the rupiah and anchor investor confidence. The move reflected mounting urgency to stabilise the rupiah and anchor investor confidence. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/nikkei-gauge-crosses-71000-us-iran-peace-deal The Business Times en 2026-06-18T15:43:12+08:00 Nikkei gauge crosses 71,000 on US-Iran peace deal https://cassette.sphdigital.com.sg/image/businesstimes/fd51901585c0d27f88a859554ddf399d9677ded9796f2216b8839a895480aed3 The Nikkei 225 advanced 1.65 per cent to close at 71,053.49 on Thursday. The Nikkei 225 advanced 1.65 per cent to close at 71,053.49 on Thursday. https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/top-glove-quarterly-profit-surges-138-cost-control-measures The Business Times en 2026-06-18T15:35:32+08:00 Top Glove quarterly profit surges 138% on cost control measures https://cassette.sphdigital.com.sg/image/businesstimes/b16171b77e16f9587126b3e349b25d089561c9c49cb065157525d1e8cfd9ba5f Shares of Top Glove have risen 15.5% so far in 2026. Shares of Top Glove have risen 15.5% so far in 2026. https://www.businesstimes.com.sg/international/aramco-seeking-tens-billions-dollars-lines-more-asset-sales-sources The Business Times en 2026-06-18T15:25:47+08:00 Aramco, seeking tens of billions of dollars, lines up more asset sales: sources https://cassette.sphdigital.com.sg/image/businesstimes/b64b805d87763bb03afa80eed10e6d072ad509e2c49c9f8fde4f5b67ee2d4c7f Aramco aims to be a major global natural gas player, with the US$100 billion Jafurah mega project the centrepiece of its ambitions. Aramco aims to be a major global natural gas player, with the US$100 billion Jafurah mega project the centrepiece of its ambitions. https://www.businesstimes.com.sg/property/orchid-hotel-tanjong-pagar-sold-about-s273-million The Business Times en 2026-06-18T15:17:09+08:00 Orchid Hotel in Tanjong Pagar sold for about S$273 million https://cassette.sphdigital.com.sg/image/businesstimes/da226b6e872baad58f6393826a8cab399b68dc029c78d75541633e2b22c4b726 Orchid Hotel in Singapore's Tanjong Pagar area Orchid Hotel is on levels three to 20 of the 20-storey building at 1 Tras Link. https://www.businesstimes.com.sg/international/uk-wages-grow-faster-expected-three-months-ended-april The Business Times en 2026-06-18T15:12:25+08:00 UK wages grow faster than expected in three months ended April https://cassette.sphdigital.com.sg/image/businesstimes/0e49e9202dab304683847db08fcc8c4078f366e2815c7218dc9aeba018d63b2d The BOE is closely watching Britain’s job market to see if higher oil prices caused by the Iran war will trigger bigger wage rises. The BOE is closely watching Britain’s job market to see if higher oil prices caused by the Iran war will trigger bigger wage rises. https://www.businesstimes.com.sg/companies-markets/asian-currencies-likely-stay-under-pressure-new-fed-regime-keeps-rates-steady The Business Times en 2026-06-18T15:04:27+08:00 Asian currencies likely to stay under pressure as new Fed regime keeps rates steady https://cassette.sphdigital.com.sg/image/businesstimes/7bad4296b8522508baf15e2a0323d88b7311f124b6b09904518223797695d035 The Fed has kept interest rates unchanged at 3.5% to 3.75% in the first Federal Open Market Committee meeting led by new chair Kevin Warsh. The Fed has kept interest rates unchanged at 3.5% to 3.75% in the first Federal Open Market Committee meeting led by new chair Kevin Warsh. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/trump-says-apple-partner-intel-us-chip-design-production The Business Times en 2026-06-18T15:03:14+08:00 Trump says Apple to partner with Intel on US chip design, production https://cassette.sphdigital.com.sg/image/businesstimes/c05a77de1a48ecc0633bea8dc9af8ef7b9a0a5e3f5af505322d620bca5783d25 An Apple contract gives Intel a steady demand and boosts both its reputation and its manufacturing business. An Apple contract gives Intel a steady demand and boosts both its reputation and its manufacturing business. https://www.businesstimes.com.sg/international/asean/philippine-central-bank-raises-policy-rate-25-basis-points-expected The Business Times en 2026-06-18T14:53:03+08:00 Philippine central bank raises policy rate by 25 basis points, as expected https://cassette.sphdigital.com.sg/image/businesstimes/9a73dbc4a87883b856b518a887244d2dfa412ba78b645c8122f5e676be8b54b6 Twenty of 25 economists in a Reuters poll expected the Bangko Sentral ng Pilipinas to hike its overnight borrowing rate by 25 basis points. Twenty of 25 economists in a Reuters poll expected the Bangko Sentral ng Pilipinas to hike its overnight borrowing rate by 25 basis points. https://www.businesstimes.com.sg/international/global/us-quietly-allows-waiver-russian-oil-expire The Business Times en 2026-06-18T14:39:46+08:00 US quietly allows waiver on Russian oil to expire https://cassette.sphdigital.com.sg/image/businesstimes/10d5b121c44e0310e5caf1ac5a54a12e82cb6be1616c154e38adf89e1a19a611 Russia produces around 10 million barrels of crude per day and about half are exported. During the war on Iran, Trump’s administration waived US sanctions on the Russian oil to help vulnerable economies deal with the energy crisis. https://www.businesstimes.com.sg/lifestyle/f1-sponsorship-could-give-byd-lower-risk-route-global-recognition The Business Times en 2026-06-18T14:15:37+08:00 F1 sponsorship could give BYD lower-risk route to global recognition https://cassette.sphdigital.com.sg/image/businesstimes/1d86b026eeef70e54e72ec75b2092f604657ecf533833615ff43efd866f7dc40 Being a sponsor could avoid regulatory issues and is cheaper for BYD to get involved in F1. Being a sponsor could avoid regulatory issues and is cheaper for BYD to get involved in F1. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/inflation-energy-markets-whats-next-after-us-iran-peace-deal The Business Times en 2026-06-18T14:04:47+08:00 Inflation, energy, markets: What’s next after US-Iran peace deal https://cassette.sphdigital.com.sg/image/businesstimes/b41247db9cf95fdf69cb5e81901c036b8800d2d60fbe6f81a71929ab9c205700 A man holds an Iranian flag on a street, after U.S. and Iranian officials said they had reached a deal to end their war and reopen the Strait of Hormuz, in Tehran, Iran, June 15, 2026. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY. ISRAEL OUT. NO COMMERCIAL OR EDITORIAL SALES IN ISRAEL. NO ACCESS FOR ISRAELI MEDIA. NO USE BBC PERSIAN. NO USE VOA PERSIAN. NO USE MANOTO. NO USE IRAN INTERNATIONAL. NO USE RADIO FARDA. DIGITAL: NO USE BBC PERSIAN. NO USE VOA PERSIAN. NO USE MANOTO. NO USE IRAN INTERNATIONAL. NO USE RADIO FARDA. Goldman Sachs expects oil flows through the Strait of Hormuz to recover to about 70% of their pre-war level. https://www.businesstimes.com.sg/companies-markets/energy-commodities/asian-refiners-brace-surge-persian-gulf-oil-after-us-iran-ceasefire-agreement The Business Times en 2026-06-18T13:56:40+08:00 Asian refiners brace for surge in Persian Gulf oil after US-Iran ceasefire agreement https://cassette.sphdigital.com.sg/image/businesstimes/3b641c14d5b06c8f2da3c0553d2b31c5b2b525753288cea21869daf2accdab86 Refiners are trying to bring supply to market ahead of a full reopening of Hormuz, which may tank prices, traders says. Refiners are trying to bring supply to market ahead of a full reopening of Hormuz, which may tank prices, traders says. https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/starbucks-add-100-india-stores-year-coffee-booms The Business Times en 2026-06-18T13:30:27+08:00 Starbucks to add up to 100 India stores a year as coffee booms https://cassette.sphdigital.com.sg/image/businesstimes/396d6b1dc0b7ddbd84f4584ccccf0326553b9e7f13cefb0f047aa6638af3bebf Tata Starbucks operates multiple formats including drive-throughs, highway stores, kiosks and experiential locations, as well as four Reserve stores offering premium coffees. Tata Starbucks is a joint venture between the Seattle-based coffee giant and India’s Tata Group . https://www.businesstimes.com.sg/esg/singapore-firms-expected-show-net-zero-progress-under-revised-standards-instead-just-set-targets The Business Times en 2026-06-18T13:00:00+08:00 Singapore firms expected to show net-zero progress under revised standards, instead of just set targets https://cassette.sphdigital.com.sg/image/businesstimes/566e734552a8aa038a7fc9bf02ec87e355a078b4f9041ba04cfa95d5079e5815 The new framework would make the standards more accessible for smaller companies, and may even encourage adoption among those who found the previous framework too demanding, says an observer. The new SBTi framework will make the standards more accessible for smaller companies, says an observer. https://www.businesstimes.com.sg/companies-markets/transport-logistics/hormuz-oil-flows-may-recover-only-70-after-iran-war-goldman The Business Times en 2026-06-18T12:55:10+08:00 Hormuz oil flows may recover to only 70% after Iran war: Goldman https://cassette.sphdigital.com.sg/image/businesstimes/e98b3ad2e79f37b7777b2b0ec28c534fa72b35f0963b53444ea9106dda8627a8 During the hostilities, regional producers have made increased use of infrastructure that avoided the Hormuz chokepoint During the hostilities, regional producers have made increased use of infrastructure that avoided the Hormuz chokepoint https://www.businesstimes.com.sg/international/europe-tries-take-china-without-launching-new-trade-war The Business Times en 2026-06-18T12:51:51+08:00 Europe tries to take on China without launching a new trade war https://cassette.sphdigital.com.sg/image/businesstimes/122a968ce4e67715f1ccc604829ac10fcb57b2c2be8ffb485f3a5ac7fcc5bdef China’s newest five-year economic plan issued in March also leaves little doubt that Beijing will continue to foster its manufacturing sector. The EU is worried on multiple fronts: from a trade deficit with China that now exceeds one billion euros a day to Beijing’s stranglehold on critical minerals and chips. https://www.businesstimes.com.sg/property/hong-kongs-sogo-department-store-refinances-loan-last-minute The Business Times en 2026-06-18T12:01:07+08:00 Hong Kong’s Sogo department store refinances loan at last minute https://cassette.sphdigital.com.sg/image/businesstimes/28cb658d1e16eb2dbc96be82ec0ca44ebf384dbad704d9119fd3ab7d82723724 Sogo malls, especially the flagship Causeway Bay one, have long been among Hong Kong’s prime retail destinations. Hong Kong’s retail sector has continued to grapple with strains even as green shoots appear, in contrast to a broader rebound in the residential housing market. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/indonesia-philippines-set-hike-rates-caution-prevails-bloomberg-survey The Business Times en 2026-06-18T11:33:19+08:00 Indonesia, Philippines set to hike rates as caution prevails: Bloomberg survey https://cassette.sphdigital.com.sg/image/businesstimes/29a5535d5df5c470eb59474412bebccc4d84739177fc1e4094fac73a344f4165 Bank Indonesia will likely raise its benchmark BI-Rate by 25 basis points to 5.75%, according to a Bloomberg survey. Bank Indonesia will likely raise its benchmark BI-Rate by 25 basis points to 5.75%, according to a Bloomberg survey. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/japan-intervention-risk-mounts-yen-drops-lowest-2024 The Business Times en 2026-06-18T11:29:18+08:00 Japan intervention risk mounts as yen drops to lowest since 2024 https://cassette.sphdigital.com.sg/image/businesstimes/5b44041339f83a91e4b12ef33254f0969ae80f4fa093dd8de25efc3bed98e7c0 The yen has been under pressure from the wide interest-rate gap between the US and Japan. The latest move in the currency also comes despite a record 11.7 trillion yen intervention by authorities from Apr 28 to May 2. https://www.businesstimes.com.sg/singapore/electricity-tariff-rise-significantly-july-despite-iran-deal-ema The Business Times en 2026-06-18T11:16:38+08:00 Electricity tariff to rise significantly from July despite Iran deal: EMA https://cassette.sphdigital.com.sg/image/businesstimes/a3f23513b38d2a628e564759929fee8bc7f1c4b1e81817375dc09ded54022763 About 63% of households in Singapore pay for their electricity consumption through the regulated tariff. About 63% of households in Singapore pay for their electricity consumption through the regulated tariff. https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/lululemon-apologises-after-great-wall-drum-sparks-china-backlash The Business Times en 2026-06-18T11:11:16+08:00 Lululemon apologises after Great Wall drum sparks China backlash https://cassette.sphdigital.com.sg/image/businesstimes/63a5bf2e56493c633e77dfd32ef9ba082339080f51d191b65003205a51b8887b Lululemon’s shares have tumbled about 46% so far in 2026. Lululemon’s shares have tumbled about 46% so far in 2026. https://www.businesstimes.com.sg/international/asean/can-vietnams-small-business-backbone-survive-compliance-squeeze-all-once The Business Times en 2026-06-18T11:04:54+08:00 Can Vietnam’s small-business backbone survive a compliance squeeze – all at once? https://cassette.sphdigital.com.sg/image/businesstimes/1b7bd8986af7be77e73ca99120f0ed84b6f6610c23e6f6718294326d32fd737c Practices that once helped small businesses in Vietnam stay flexible and competitive in a low-margin economy are increasingly becoming formal business risks. Practices that once helped small businesses in Vietnam stay flexible and competitive in a low-margin economy are increasingly becoming formal business risks. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/apple-raise-prices-due-memory-chip-shortage-ceo-cook The Business Times en 2026-06-18T10:23:49+08:00 Apple to raise prices due to memory chip shortage: CEO Cook https://cassette.sphdigital.com.sg/image/businesstimes/d85437f9231381882e36b989dc62bbc2566f06a9c4b46f2905a5f978424a1228 “Unfortunately, price increases are unavoidable,” Apple CEO Tim Cook told WSJ. “Unfortunately, price increases are unavoidable,” Apple CEO Tim Cook told WSJ. https://www.businesstimes.com.sg/companies-markets/transport-logistics/kkr-bets-us1-4-billion-aircraft-leasing-boeing-and-airbus-supply-shortages-boost-demand The Business Times en 2026-06-18T10:20:45+08:00 KKR bets US$1.4 billion on aircraft leasing as Boeing and Airbus supply shortages boost demand https://cassette.sphdigital.com.sg/image/businesstimes/73a6901a0691f55bf622c7a0191da81fba3e65636ac7edc63c1a1a40e2134711 Airlines now lease or rent, rather than own about half of the global fleet, with KKR having invested more than US$12 billion in aviation since 2015. Airlines now lease or rent, rather than own about half of the global fleet, with KKR having invested more than US$12 billion in aviation since 2015. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/hillhouse-seeks-us600-million-loan-fund-data-centre-operator-dayone-investment-sources The Business Times en 2026-06-18T10:08:19+08:00 Hillhouse seeks US$600 million loan to fund data centre operator DayOne investment: sources 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 is already in talks with banks to increase an existing loan facility for its Malaysian operations to as much as US$7 billion. https://www.businesstimes.com.sg/companies-markets/transport-logistics/singapores-carro-enters-australia-market-acquisition-used-car-platform-carplace The Business Times en 2026-06-18T10:00:00+08:00 Singapore’s Carro enters Australia market with acquisition of used-car platform CarPlace https://cassette.sphdigital.com.sg/image/businesstimes/f7095391c81c864db8528aba451ba16aef2132eb73733a4541306d3d03b87858 Aaron Tan, co-founder and CEO of Carro, notes that Australia is “one of the largest used-car markets” in the Asia-Pacific. Aaron Tan, co-founder and CEO of Carro, notes that Australia is “one of the largest used-car markets” in the Asia-Pacific. https://www.businesstimes.com.sg/companies-markets/banking-finance/australia-probes-private-credit-lenders-warns-valuations The Business Times en 2026-06-18T09:50:54+08:00 Australia probes private credit lenders, warns on valuations https://cassette.sphdigital.com.sg/image/businesstimes/90d8503e349e98da97436de6953df9eedb29e6b62a5724edbbb4227f2dcb5292 Despite signs that some institutional investors are cooling on the asset class, industry titans this month pushed back on that narrative at a major European conference. Despite signs that some institutional investors are cooling on the asset class, industry titans this month pushed back on that narrative at a major European conference. https://www.businesstimes.com.sg/companies-markets/palm-oil-stocks-set-surge-indonesia-said-be-scaling-back-export-overhaul-analysts The Business Times en 2026-06-18T09:44:34+08:00 Palm oil stocks set to surge as Indonesia said to be scaling back export overhaul: analysts https://cassette.sphdigital.com.sg/image/businesstimes/5d758fbfd6fe090f089d44fd44e1f5b56c15ae2394bbdc5fa5209cb0b4d50175 The onset of El Nino is also seen as a tailwind, as average crude palm oil prices have historically surged during the weather event. The onset of El Nino is also seen as a tailwind, as average crude palm oil prices have historically surged during the weather event. https://www.businesstimes.com.sg/companies-markets/banking-finance/hsbcs-australia-unit-pay-35-million-fine-over-scam-protection-failures-court-rules The Business Times en 2026-06-18T09:41:21+08:00 HSBC’s Australia unit to pay A$35 million fine over scam protection failures, court rules https://cassette.sphdigital.com.sg/image/businesstimes/a5d9cc02f6da440e36e02ccdcbd83466066339aafdc4081388e358bf35f643ce The regulator found that HSBC failed to maintain adequate controls over its internal transfer systems between May 2023 and May 2024. The regulator found that HSBC failed to maintain adequate controls over its internal transfer systems between May 2023 and May 2024. https://www.businesstimes.com.sg/international/asean/malaysia-and-russia-weigh-using-ruble-ringgit-boost-trade The Business Times en 2026-06-18T09:32:03+08:00 Malaysia and Russia weigh using ruble, ringgit to boost trade https://cassette.sphdigital.com.sg/image/businesstimes/a22563aadf375d5a977e4c681b915dc1ca0aeaa293606c9f990c602911565139 Russian President Vladimir Putin shakes hands with Malaysian Prime Minister Anwar Ibrahim (left) during an official welcoming ceremony for Russia-Asean Summit in Kazan. Russian President Vladimir Putin shakes hands with Malaysian Prime Minister Anwar Ibrahim (left) during an official welcoming ceremony for Russia-Asean Summit in Kazan. https://www.businesstimes.com.sg/international/missiles-arent-problem-trump-blows-through-his-iran-red-lines-justifying-peace-deal The Business Times en 2026-06-18T09:25:53+08:00 ‘Missiles aren’t the problem’: Trump blows through his Iran red lines in justifying peace deal https://cassette.sphdigital.com.sg/image/businesstimes/82f5ee0a2907214be3a7da23cf5a002e37d8aeb632a4149a0733d99211179636 Iran hawks lamented Trump’s new vision, while some of the president’s most vehement critics cheered. Iran hawks lamented Trump’s new vision, while some of the president’s most vehement critics cheered. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/ai-will-lead-labour-shortages-amazon-founder-bezos-says The Business Times en 2026-06-18T09:18:39+08:00 AI will lead to labour shortages, Amazon founder Bezos says https://cassette.sphdigital.com.sg/image/businesstimes/499a3bfe475838df138dc218d66a83a75ad0b2727d7b93e670fad2fda3e671fd Jeff Bezos, founder of Amazon and Blue Origin, and co-founder and co-CEO of Prometheus, gestures as he speaks during the 10th edition of the VivaTech technology startups and innovation fair in Paris, France, June 17, 2026. REUTERS/Abdul Saboor Amazon founder Jeff Bezos argued that people have “endless” things to do, and are currently limited by barriers that he said AI would lower. https://www.businesstimes.com.sg/companies-markets/elon-musks-next-move-may-be-megamerger-spacex-and-tesla The Business Times en 2026-06-18T09:13:53+08:00 Elon Musk’s next move may be a megamerger of SpaceX and Tesla https://cassette.sphdigital.com.sg/image/businesstimes/77e05ac4e8d844903629670bdf0c18d8e16d5bc7892511a26fd232b33a0f5d72 Tesla and SpaceX have long had some of the same people on their boards, many of whom have long friendships or business relationships with Musk. The two companies have long shared executives and other resources and are jointly developing multibillion-dollar projects. https://www.businesstimes.com.sg/international/hong-kong-auto-show-china-automakers-target-wealthy-right-hand-drive-markets The Business Times en 2026-06-18T08:59:01+08:00 At Hong Kong auto show, China automakers to target wealthy in right-hand-drive markets https://cassette.sphdigital.com.sg/image/businesstimes/d3570661f534b7737cd50fff52cfd2232581fb489c8e2077283e39aeacab8986 FAW’s Hongqi will debut its right-hand-drive flagship electric SUV, the E-HS9, along with a new luxury SUV at the Hong Kong auto show. FAW’s Hongqi will debut its right-hand-drive flagship electric SUV, the E-HS9, along with a new luxury SUV at the Hong Kong auto show. https://www.businesstimes.com.sg/international/chinas-2-2-trillion-yuan-pile-bad-consumer-debt-threatens-economy The Business Times en 2026-06-18T08:35:58+08:00 China’s 2.2 trillion yuan pile of bad consumer debt threatens economy https://cassette.sphdigital.com.sg/image/businesstimes/c541b24e913814f2f1091f0328863759d07ce32befb2c23894629ff0fa93388d The debt overhang is undermining national efforts to boost domestic consumption, with Chinese banks extending fewer new loans. China’s household debt has nearly tripled over the past decade to about 83 trillion yuan. https://www.businesstimes.com.sg/companies-markets/stocks-watch-centurion-far-east-group The Business Times en 2026-06-18T08:22:58+08:00 Stocks to watch: Centurion, Far East Group https://cassette.sphdigital.com.sg/image/businesstimes/b310bcf1e9cfb4d09b9b22f93c783b571e5b23a287c6252f9dfafd9690d999e2 Centurion has acquired 25% equity interest in a purpose-built student accommodation development in Perth for A$250,000 (S$225,475). Centurion has acquired 25% equity interest in a purpose-built student accommodation development in Perth for A$250,000 (S$225,475). https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/onitsuka-tiger-pivots-asics-stripes-tap-luxury-market The Business Times en 2026-06-18T08:07:47+08:00 Onitsuka Tiger pivots from Asics stripes to tap luxury market https://cassette.sphdigital.com.sg/image/businesstimes/824ec820306cf50b43cec91bb226eeafd3c873b23ddb9ac87e16389fc21ef01c OT Group CEO Ryoji Shoda says that his luxury plans for Onitsuka Tiger will not necessarily come with a price hike. OT Group CEO Ryoji Shoda says that his luxury plans for Onitsuka Tiger will not necessarily come with a price hike. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/microsoft-makes-big-ai-inroads-china-selling-openai-models The Business Times en 2026-06-18T07:33:03+08:00 Microsoft makes big AI inroads in China by selling OpenAI models https://cassette.sphdigital.com.sg/image/businesstimes/a4063c74f796abeb18e44ba7d37ad098d7dcf79dce7bc3f1cacab5532c6bcda7 To sell products in China, Microsoft must partner with local providers. To sell products in China, Microsoft must partner with local providers. https://www.businesstimes.com.sg/opinion-features/future-orchard-road-rests-having-cohesive-vision The Business Times en 2026-06-18T07:15:00+08:00 The future of Orchard Road rests on having a cohesive vision https://cassette.sphdigital.com.sg/image/businesstimes/1d5bb771ed9446f8f1f85f4b48c0293d748f57148d0a1761b7ba47b9d24e08e7 Even though weekdays may appear quiet, with only a handful of customers in the shops, crowds throng Orchard Road on Saturdays and Sundays. Even though weekdays may appear quiet, with only a handful of customers in the shops, crowds throng Orchard Road on Saturdays and Sundays. https://www.businesstimes.com.sg/opinion-features/circular-water-economies-will-power-south-east-asias-growth-story The Business Times en 2026-06-18T07:00:00+08:00 Circular water economies will power South-east Asia’s growth story https://cassette.sphdigital.com.sg/image/businesstimes/d9b5a77b4a13799d5f1281e9ae0b1c990ccc390680fb440acb27a2f453298885 Through its NEWater programme, Singapore has transformed treated wastewater into high-grade reclaimed water suitable for potable and industrial uses. Through its NEWater programme, Singapore has transformed treated wastewater into high-grade reclaimed water suitable for potable and industrial uses. https://www.businesstimes.com.sg/opinion-features/why-middle-management-isnt-safe-ai-displacement The Business Times en 2026-06-18T07:00:00+08:00 Why middle management isn’t ‘safe’ from AI displacement https://cassette.sphdigital.com.sg/image/businesstimes/972ca078e56db4575fd8e63b31df1d34c9d9688e5195322b3e8a5fbae0daf874 When a job is restructured out of existence, the worker loses the career infrastructure, professional identity and forward momentum that was built around the role. When a job is restructured out of existence, the worker loses the career infrastructure, professional identity and forward momentum that was built around the role. https://www.businesstimes.com.sg/singapore/smes/cr-interiors-building-legacy-office-furniture The Business Times en 2026-06-18T07:00:00+08:00 C&R Interiors: building a legacy in office furniture https://cassette.sphdigital.com.sg/image/businesstimes/990c258eeb97b540b08d24b07d2f26e1cf922169257fdbbfd72fc69d1c75b0b5 C&R Interiors pivoted away from custom residential projects towards commercial “system furniture”, which includes workstations and partitions. C&R Interiors has pivoted away from custom residential projects towards commercial “system furniture”, which includes workstations and partitions. https://www.businesstimes.com.sg/esg/singapores-construction-sector-goes-green-portable-power-banks-are-leading-charge The Business Times en 2026-06-18T07:00:00+08:00 As Singapore’s construction sector goes green, portable ‘power banks’ are leading the charge https://cassette.sphdigital.com.sg/image/businesstimes/675c678dfe54f1d7c3aa360a258bec928d1ffadefded496493d39a8c01db5e5a The EH-ONE+ battery energy storage system by Singapore clean-energy firm GoRental allows for decentralised power use on construction sites. GoRental’s EH-ONE+ battery energy storage system allows for decentralised, clean power use on construction sites. https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-advances-peace-deal-optimism-counters-hawkish-us-fed The Business Times en 2026-06-18T06:57:47+08:00 Gold advances as peace deal optimism counters hawkish US Fed https://cassette.sphdigital.com.sg/image/businesstimes/351a96fbdaad9a7b062ba8543acf7716cab6a4fb2c03893eaaad9113aabf23f4 Gold rebounded this week after an interim US-Iran deal was announced over the weekend. Higher interest rates are a headwind for precious metals, which do not pay interest. https://www.businesstimes.com.sg/international/focus-turns-strait-hormuz-after-us-and-iran-presidents-sign-ceasefire-agreement The Business Times en 2026-06-18T06:53:28+08:00 Focus turns to Strait of Hormuz after US and Iran presidents sign ceasefire agreement https://cassette.sphdigital.com.sg/image/businesstimes/d7ad792dcb96fbb6347996ab7073432786906b3af7f27be1d6cfa411bf2c4715 The MOU was signed digitally by the presidents of both nations, Iranian Foreign Ministry Spokesman Esmail Baghaei said on state television. Iran has also agreed to the on-site “down-blending” of its stockpile of enriched uranium under the supervision of the International Atomic Energy Agency. https://www.businesstimes.com.sg/opinion-features/us-iran-deal-foreign-policy-realism-work The Business Times en 2026-06-18T06:30:00+08:00 The US-Iran deal is foreign policy realism at work https://cassette.sphdigital.com.sg/image/businesstimes/662d99020e9f2fa270ba07cf4c0930ea2d563cfc658c9928c626e289a7b928fe The US-Iran MOU aims to restore shipping through Hormuz and buy time for negotiations over unresolved nuclear questions. The US-Iran MOU aims to restore shipping through Hormuz and buy time for negotiations over unresolved nuclear questions. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/wall-street-sinks-bets-fed-will-hike-rates-2026 The Business Times en 2026-06-18T06:24:47+08:00 Wall Street sinks on bets Fed will hike rates in 2026 https://cassette.sphdigital.com.sg/image/businesstimes/edcd8fdb6109c0e76abbccab27363affd0f0b334ed122840241abd58b47d0d33 Wall Street’s main indexes had rallied sharply from Thursday through Monday as oil prices fell after Trump announced a preliminary US-Iran peace deal. Wall Street’s main indexes had rallied sharply from Thursday through Monday as oil prices fell after Trump announced a preliminary US-Iran peace deal. https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-falls-2-after-us-iran-ceasefire-agreement-erasing-almost-all-war-related-gains The Business Times en 2026-06-18T06:17:21+08:00 Oil falls 2% after US-Iran ceasefire agreement, erasing almost all war-related gains https://cassette.sphdigital.com.sg/image/businesstimes/2151e07479756c0a33060961b8c9a5c46e2c0f2669dcf5cd5e135aacda6290af Shipowners are preparing for the reopening of the strait by repositioning vessels towards the Middle East. US oil sanctions must now be lifted immediately, according to Iranian Foreign Ministry spokesperson Esmail Baghaei. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-end-higher-markets-await-iran-deal-details-fed-policy-bmw-slides The Business Times en 2026-06-18T06:00:28+08:00 European shares end higher as markets await Iran deal details, Fed policy; BMW slides https://cassette.sphdigital.com.sg/image/businesstimes/b9ba74267370c3c53a94de5094de347d593269b2dc757acb879e599ece763cb4 The pan-European Stoxx 600 index closed 0.5% higher, in its fifth session of gains. The pan-European Stoxx 600 index closed 0.5% higher, in its fifth session of gains. https://www.businesstimes.com.sg/international/asean/vietnam-workers-keenest-ai-south-east-asia-singapore-employees-among-most-sceptical-survey The Business Times en 2026-06-18T06:00:00+08:00 Vietnam workers keenest on AI in South-east Asia; Singapore employees among most sceptical: survey https://cassette.sphdigital.com.sg/image/businesstimes/840ad742fa02ee9fc44b801de5755323f1daa1b36ba8c3919553c5054a5ae095 Vietnam has the highest rate of generative AI usage among the South-east Asian markets surveyed, with 36% of workers saying they used such tools “nearly every day”. Vietnam has the highest rate of generative AI usage among the South-east Asian markets surveyed, with 36% of workers saying they used such tools “nearly every day”. https://www.businesstimes.com.sg/international/kevin-warsh-kicks-us-fed-chief-tenure-sweeping-review-rates-remain-unchanged The Business Times en 2026-06-18T05:39:05+08:00 Kevin Warsh kicks off US Fed chief tenure with sweeping review as rates remain unchanged https://cassette.sphdigital.com.sg/image/businesstimes/9329261724787778bf4e522ceca226e6d97db9a6ab16535a94cd885d9fa1fcfa Kevin Warsh, who took over as Fed chief last month, made an immediate imprint in organising a unanimous consensus around a stripped-down policy statement. Kevin Warsh, who took over as Fed chief last month, made an immediate imprint in organising a unanimous consensus around a stripped-down policy statement. https://www.businesstimes.com.sg/property/us-pending-home-sales-see-biggest-gain-september-2024 The Business Times en 2026-06-17T23:06:52+08:00 US pending home sales see biggest gain since September 2024 https://cassette.sphdigital.com.sg/image/businesstimes/0c84483bd29b341687782b13cdb66bfdcbd5e5b6bc5ef4bc11763a0192837e7b The gain marks the fourth straight monthly increase, adding to signs of improvement in the housing market. The gain marks the fourth straight monthly increase, adding to signs of improvement in the housing market. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/bbc-cut-550-jobs-cost-saving-drive The Business Times en 2026-06-17T22:15:39+08:00 BBC to cut 550 jobs in cost-saving drive https://cassette.sphdigital.com.sg/image/businesstimes/3a6e3049f30b4e53701721039021f97a5ca62384598408f7ba669e4404acc141 the cuts form part of wider plans to reduce around 2,000 jobs over three years, with BBC News expected to be hit hardest. The cuts form part of wider plans to reduce around 2,000 jobs over three years, with BBC News expected to be hit hardest. https://www.businesstimes.com.sg/companies-markets/us-stocks-open-higher-spotlight-fed The Business Times en 2026-06-17T21:43:30+08:00 US stocks open higher, spotlight on Fed https://cassette.sphdigital.com.sg/image/businesstimes/25a5fc96c59d26410ae771691bb92cdb06233b135975d8bea17c8fedeeb3715d The S&P 500 gained 8.44 points, or 0.11 per cent, to 7,519.79 and the Nasdaq Composite gained 113.22 points, or 0.43 per cent, to 26,489.56. The S&P 500 gained 8.44 points, or 0.11 per cent, to 7,519.79 and the Nasdaq Composite gained 113.22 points, or 0.43 per cent, to 26,489.56. https://www.businesstimes.com.sg/international/us-retail-sales-rise-more-forecast-broad-advance The Business Times en 2026-06-17T21:34:30+08:00 US retail sales rise more than forecast in broad advance https://cassette.sphdigital.com.sg/image/businesstimes/32f732a482a10a701d79b768b183695dff25e4d3cdb2bea89df04439a2edd6cd Companies have also noted surprising strength in demand, with big-box retailers including Target and Walmart signalling shoppers are resilient despite years of elevated inflation. Companies have also noted surprising strength in demand, with big-box retailers including Target and Walmart signalling shoppers are resilient despite years of elevated inflation. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/uk-orders-google-improve-search-transparency-boost-competition The Business Times en 2026-06-17T21:00:37+08:00 UK orders Google to improve search transparency to boost competition https://cassette.sphdigital.com.sg/image/businesstimes/57228bdd72f26e21da9083a5331f9d38201291d887d8ce7086c4c74f72a3b1c7 Google faces increasing regulatory scrutiny across the world, including in the United States and the European Union. Google faces increasing regulatory scrutiny across the world, including in the United States and the European Union. https://www.businesstimes.com.sg/international/australias-asx-proposes-25-cap-share-issuance-m-without-shareholder-vote The Business Times en 2026-06-17T20:56:52+08:00 Australia’s ASX proposes 25% cap on share issuance in M&A without shareholder vote https://cassette.sphdigital.com.sg/image/businesstimes/a1e019ed421a82a5a8cb37642412f267daa10187ec89be7fca96a3f97d00e4db The ASX launched a review in 2025, after James Hardie was exempted from a shareholder vote when it issued about 35% of its shares to fund a takeover. The ASX launched a review in 2025, after James Hardie was exempted from a shareholder vote when it issued about 35% of its shares to fund a takeover. https://www.businesstimes.com.sg/international/eurozone-wage-growth-quicken-second-half-year The Business Times en 2026-06-17T20:52:49+08:00 Eurozone wage growth to quicken in second half of this year https://cassette.sphdigital.com.sg/image/businesstimes/6199a12d981e9dc2c5fefecfc26a16afb35437eae1395befab90050404613dc4 European Central Bank officials have cautioned that it will take months for the oil supply to get back to normal. European Central Bank officials have cautioned that it will take months for the oil supply to get back to normal. https://www.businesstimes.com.sg/international/asean/indonesia-bets-creative-economy-ip-growth-amid-rising-global-competition The Business Times en 2026-06-17T20:01:50+08:00 Indonesia bets on creative economy, IP for growth amid rising global competition https://cassette.sphdigital.com.sg/image/businesstimes/2353e28ba58b9bd8bfec96899fd635ceed23ce802b89c2caed855f956213087a Muhammad Neil El Himam (left) from Indonesia’s Ministry of Creative Economy speaks with Lianhe Zaobao’s Nam Yunzhou at the second Asia Economic Summit. Muhammad Neil El Himam (left) from Indonesia’s Ministry of Creative Economy speaks with Lianhe Zaobao’s Nam Yunzhou at the second Asia Economic Summit. https://www.businesstimes.com.sg/international/singapore-advance-ai-agenda-asean-chair-focus-cross-border-data-flows-smaller-firms The Business Times en 2026-06-17T20:00:19+08:00 Singapore to advance AI agenda as Asean chair, focus on cross-border data flows, smaller firms https://cassette.sphdigital.com.sg/image/businesstimes/9ed5f37fc67c5c138e573fed006525c3fb7c53e3fb3cbfccbffa1f3f85cbe694 Singapore also intends to deepen cross-border data flow mechanisms, said Minister for Digital Development and Information Josephine Teo. Singapore also intends to deepen cross-border data flow mechanisms, says Minister for Digital Development and Information Josephine Teo.