https://www.businesstimes.com.sg/international/japan-considering-sales-tax-cut-april-2027 The Business Times en 2026-06-02T14:58:54+08:00 Japan considering sales tax cut in April 2027 https://cassette.sphdigital.com.sg/image/businesstimes/8d6b2133aaab2234600d43a8c06ab2399a98ef573425e05e3eb1b2de189facf4 Key to the move would be knowing how to fund the temporary tax cut as bond vigilantes continue to test PM Takaichi’s resolve to pursue her expansionary fiscal policies without relying too heavily on new debt issuance. Key to the move would be knowing how to fund the temporary tax cut as bond vigilantes continue to test PM Takaichi’s resolve to pursue her expansionary fiscal policies without relying too heavily on new debt issuance. https://www.businesstimes.com.sg/international/global/china-robotics-firms-line-ipos-pitch-next-phase-ai The Business Times en 2026-06-02T14:17:15+08:00 China robotics firms line up IPOs to pitch next phase of AI https://cassette.sphdigital.com.sg/image/businesstimes/627e5520d83b97bf90cfb5896b8bef7a94369dfe15f5fe1012ee862c772b4508 Many robotics firms are expected to burn cash for years and concerns are mounting that valuations could run ahead of earnings. Many robotics firms are expected to burn cash for years and concerns are mounting that valuations could run ahead of earnings. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/nvidia-has-capacity-supply-robust-ai-growth-despite-constraints-ceo-jensen-huang The Business Times en 2026-06-02T13:34:22+08:00 Nvidia has capacity to supply robust AI growth despite constraints: CEO Jensen Huang https://cassette.sphdigital.com.sg/image/businesstimes/79676e1395bbf4d6e6fd6cd265150aa78b69a3d0839186e58a53d23cb4c24eae Nvidia's Jensen Huang on May 27 announced plans to invest around US$150 billion a year in Taiwan, describing it as the epicentre of the AI revolution. Nvidia's Jensen Huang on May 27 announced plans to invest around US$150 billion a year in Taiwan, describing it as the epicentre of the AI revolution. https://www.businesstimes.com.sg/international/trump-administration-proposes-25-tariff-punish-brazil-over-trade-practices The Business Times en 2026-06-02T13:20:55+08:00 Trump administration proposes 25% tariff to punish Brazil over trade practices https://cassette.sphdigital.com.sg/image/businesstimes/1c2f9f8fe695025a1ab291d853622bc8b301f49171c6ebea9afbafcc2f86b9fc The measures cover areas such as electronic payment services, preferential tariffs, intellectual property protection and ethanol market access, the USTR says. The measures cover areas such as electronic payment services, preferential tariffs, intellectual property protection and ethanol market access, the USTR says. https://www.businesstimes.com.sg/international/asean/indonesias-gojek-founder-nadiem-makarim-pleads-not-guilty-high-profile-corruption-case The Business Times en 2026-06-02T13:06:20+08:00 Indonesia’s Gojek founder Nadiem Makarim pleads not guilty in high-profile corruption case https://cassette.sphdigital.com.sg/image/businesstimes/3bf60366e869952181e07600bd31c96aa8bdc74fc4e9ef632f0aba0f9270767c Gojek founder Nadiem Makarim during his plea hearing in Central Jakarta Court, June 2. Gojek founder Nadiem Makarim and his wife Franka Makarim during his plea hearing in Central Jakarta District Court on Jun 2. https://www.businesstimes.com.sg/companies-markets/banking-finance/chinas-central-bank-cuts-cash-operation-record-low-bond-rally-deepens The Business Times en 2026-06-02T12:53:37+08:00 China’s central bank cuts cash operation to record low as bond rally deepens https://cassette.sphdigital.com.sg/image/businesstimes/0c62a660bd1727672abe283937b42c5d2681eb45f5cf92ee52aa0fa232127821 The PBOC has withdrawn a total of 1.75 trillion yuan of medium- to long-term liquidity over the past three months. The PBOC has withdrawn a total of 1.75 trillion yuan of medium- to long-term liquidity over the past three months. https://www.businesstimes.com.sg/companies-markets/blackstone-raises-its-largest-asia-private-equity-fund-us13-1-billion-final-close-third-such-fund The Business Times en 2026-06-02T12:21:02+08:00 Blackstone raises its largest Asia private equity fund with US$13.1 billion in final close of third such fund https://cassette.sphdigital.com.sg/image/businesstimes/2b2816927d48b853424f7340198dc02e976f985d980f99d75ab9d8afb04f33a2 Blackstone has raised its largest Asia private equity fund with the final closing of US$13.1 billion for Blackstone Capital Partners Asia III. The fund, BCP Asia III, has exceeded its US$10 billion target. https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/general-mills-sell-mainland-china-haagen-dazs-ice-cream-shops-local-tea-brand-ningji The Business Times en 2026-06-02T12:02:52+08:00 General Mills to sell mainland China Haagen-Dazs ice-cream shops to local tea brand Ningji https://cassette.sphdigital.com.sg/image/businesstimes/44c149898595cce0c4fa798cd7b3ec8a14040be394456fb7ed9f187f0cdd4a72 Ningji has more than 3,000 premium tea shops in China. The buyers will be exclusively licensed to use the Haagen-Dazs brand in ice-cream shops and gifting businesses in mainland China. https://www.businesstimes.com.sg/singapore/temaseks-tan-chong-meng-succeeds-eddie-teo-chair-council-presidential-advisers The Business Times en 2026-06-02T11:51:18+08:00 Temasek’s Tan Chong Meng succeeds Eddie Teo as chair of the Council of Presidential Advisers https://cassette.sphdigital.com.sg/image/businesstimes/8124ddc321ccf556030e72e506bcd5e893ff2128cfdc0fb4d80937323f927270 Tan, who was appointed a council member from June 2024 to June 2030, succeeds Eddie Teo, who retired from the council as of Monday. Tan Chong Meng was appointed to be a council member from June 2024 to June 2030. https://www.businesstimes.com.sg/singapore/wp-cadres-meet-june-28-discuss-chief-pritam-singhs-suitability-leader The Business Times en 2026-06-02T11:24:29+08:00 WP cadres to meet on June 28 to discuss chief Pritam Singh’s suitability as leader https://cassette.sphdigital.com.sg/image/businesstimes/7032dd8a82cbb0ad8e0a28f99c337ad708b608003f05cd5168d0846e11e8c71e If he does not resign, he will face a secret vote by cadres to determine if he should remain in the post, according to the notice. Pritam Singh, in his fourth term as an MP for Aljunied GRC, has been party chief since 2018. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/alphabet-plans-raise-us80-billion-ai-goals-berkshire-invest-us10-billion The Business Times en 2026-06-02T11:13:13+08:00 Alphabet plans to raise US$80 billion for AI goals, Berkshire to invest US$10 billion https://cassette.sphdigital.com.sg/image/businesstimes/0c8f5ae0feb5a45af8423f4fc427ded256adfe8df67d5790d22c223da1d61286 Google is trying to capitalise on a growing appetite for its homegrown AI chips, known as tensor processing units, or TPUs. Google is trying to capitalise on a growing appetite for its homegrown AI chips, known as tensor processing units, or TPUs. https://www.businesstimes.com.sg/international/prominent-short-seller-andrew-left-found-guilty-securities-fraud-us The Business Times en 2026-06-02T11:06:41+08:00 Prominent short seller Andrew Left found guilty of securities fraud in US https://cassette.sphdigital.com.sg/image/businesstimes/1f3f94a80ec62fa0dc78065568a6400f6dc94b00b9bcae40f62124ac912ba300 Citron Research founder Andrew Left was convicted on 13 of the 17 counts on Jun 1 after a three-week trial in Los Angeles. Citron Research founder Andrew Left was convicted on 13 of the 17 counts on Jun 1 after a three-week trial in Los Angeles. https://www.businesstimes.com.sg/companies-markets/banking-finance/blackstone-raises-us13-1-billion-its-largest-asia-private-equity-fund The Business Times en 2026-06-02T10:28:33+08:00 Blackstone raises US$13.1 billion for its largest Asia private equity fund https://cassette.sphdigital.com.sg/image/businesstimes/2b2816927d48b853424f7340198dc02e976f985d980f99d75ab9d8afb04f33a2 Global institutional and high-net-worth investors have looked to diversify from the US due to high valuations, inflation risks and overall geopolitical uncertainty. Global institutional and high-net-worth investors have looked to diversify from the US due to high valuations, inflation risks and overall geopolitical uncertainty. https://www.businesstimes.com.sg/companies-markets/dbs-ocbc-fresh-highs-singapore-banks-lead-sti-gains The Business Times en 2026-06-02T10:13:13+08:00 DBS, OCBC at fresh highs as Singapore banks lead STI gains https://cassette.sphdigital.com.sg/image/businesstimes/7cf6990abdacd7e015241503437212256bfe82193802ed2be4ab09901a73b553 As at 9.32 am, DBS was up 2.23 per cent or S$1.40 at S$64.24 while OCBC rose 2.2 per cent or S$0.51 to S$23.19. UOB climbed 2.1 per cent or S$0.78 to S$38.38. DBS rose as much as 2.6 per cent or S$1.62 in early trade to S$64.46; OCBC climbed as high as 2.4 per cent or S$0.55 to S$23.95. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/south-korea-overtakes-india-worlds-sixth-largest-stock-market The Business Times en 2026-06-02T10:07:12+08:00 South Korea overtakes India as world’s sixth-largest stock market https://cassette.sphdigital.com.sg/image/businesstimes/7b4658925374566c5db51a406ec138157909051410abc2fb04083d56ea4eecc3 Samsung Electronics and SK Hynix have powered South Korea’s equity surge, lifting the Kospi’s 2026 gains to more than 100%. The total market capitalisation of South Korea-listed companies has soared 86% this year to US$5 trillion. https://www.businesstimes.com.sg/companies-markets/us-sec-defends-settlement-elon-musk-over-twitter-after-judge-overseeing-case-cites-red-flags The Business Times en 2026-06-02T09:50:05+08:00 US SEC defends settlement with Elon Musk over Twitter after judge overseeing case cites ‘red flags’ https://cassette.sphdigital.com.sg/image/businesstimes/0ec3e63b5e929178040a2eb28c0a5923924056779497b3aaa28fd79ffbb71a01 The judge said she must consider whether the settlement between the SEC and Musk served the public interest, and was not tainted by collusion or corruption. The judge said she must consider whether the settlement between the SEC and Musk served the public interest, and was not tainted by collusion or corruption. https://www.businesstimes.com.sg/property/chinese-curbs-risk-derailing-record-hong-kong-home-buying-spree The Business Times en 2026-06-02T09:35:36+08:00 Chinese curbs risk derailing record Hong Kong home-buying spree https://cassette.sphdigital.com.sg/image/businesstimes/8f93a0e1c96b52437d1a6ef6cea2fe0b08991b3f63708e0f1cb1f66f7849c369 Highly educated and affluent Chinese are driving a wave of immigration from the mainland to the former British colony. Highly educated and affluent Chinese are driving a wave of immigration from the mainland to the former British colony. https://www.businesstimes.com.sg/international/south-koreas-inflation-accelerates-supporting-central-banks-hawkish-tilt The Business Times en 2026-06-02T09:01:27+08:00 South Korea’s inflation accelerates, supporting the central bank’s hawkish tilt https://cassette.sphdigital.com.sg/image/businesstimes/574447951e2233042a405fa8898b69b291eadde030fdee0053659a305ed3f93e Core inflation rises 2.5%, suggesting that underlying price pressures are also beginning to broaden alongside higher headline inflation. Core inflation rises 2.5%, suggesting that underlying price pressures are also beginning to broaden alongside higher headline inflation. https://www.businesstimes.com.sg/companies-markets/i-felt-dying-thai-singha-beer-scion-speaks-after-disclosure-alleged-sexual-abuse The Business Times en 2026-06-02T09:00:00+08:00 ‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse https://cassette.sphdigital.com.sg/image/businesstimes/e87a42182a5e76612c3ac52e721a2c87461d2017e365ae114c171fe0bfb06384 Siranudh Scott had caused an internet sensation with a video accusing his brother of allegedly abusing him during his childhood years. Siranudh Scott had caused an internet sensation with a video accusing his brother of allegedly abusing him during his childhood years. https://www.businesstimes.com.sg/companies-markets/transport-logistics/nio-delivers-37705-vehicles-may-62-3-year-year The Business Times en 2026-06-02T08:55:37+08:00 Nio delivers 37,705 vehicles in May, up 62.3% year on year https://cassette.sphdigital.com.sg/image/businesstimes/50009b37db7ee5fcf5134361130fbb3b9c8263dfaf91878c23456008b3f37edd Cumulative deliveries hit 1.1 million as of end-May, the Chinese electric vehicle maker said on Jun 1, 2026, in its delivery update for May. The Chinese electric vehicle maker delivered 150,526 vehicles in the year to date, a 68.7 per cent year-on-year rise. https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-holds-fall-traders-digest-confusion-over-us-iran-talks The Business Times en 2026-06-02T08:39:37+08:00 Gold holds fall as traders digest confusion over US-Iran talks https://cassette.sphdigital.com.sg/image/businesstimes/c7759ccf122b003c7074d5cfce7dd6a02a041e4913ea7a7e5b631fc7e4eb3068 Higher rates for longer would be a headwind for gold, which does not pay interest. Higher rates for longer would be a headwind for gold, which does not pay interest. https://www.businesstimes.com.sg/companies-markets/stocks-watch-dbs-nio-thomson-medical-group-concord-new-energy-jumbo-group-mm2-asia The Business Times en 2026-06-02T08:34:05+08:00 Stocks to watch: DBS, Nio, Thomson Medical Group, Concord New Energy, Jumbo Group, mm2 Asia https://cassette.sphdigital.com.sg/image/businesstimes/bd95efef113aeb6d03c3d55253a0fdf08befa3f81e74c8e24e26c06cf999bfbc DBS will open 18 new and 36 upgraded wealth centres across the Asia-Pacific by end-2027. DBS will open 18 new and 36 upgraded wealth centres across the Asia-Pacific by end-2027. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/nvidias-ai-chips-sought-chinese-labs-ties-military The Business Times en 2026-06-02T08:07:17+08:00 Nvidia’s AI chips sought by Chinese labs with ties to military https://cassette.sphdigital.com.sg/image/businesstimes/a3f673d2dab416e40f2724b0cb3234e585455d9ef660cb5ef2d106b56985634a Several blacklisted entities say on their websites that they are already using the older generation Nvidia chips. Several blacklisted entities say on their websites that they are already using the older generation Nvidia chips. https://www.businesstimes.com.sg/companies-markets/executive-search-firms-still-needed-c-suite-search-even-ai-reshapes-hiring The Business Times en 2026-06-02T07:30:00+08:00 Executive search firms still needed for C-suite search even as AI reshapes hiring https://cassette.sphdigital.com.sg/image/businesstimes/463527d580ce9b5d6ad07428ba130d933e6fb51bdf8f235d1f5c7e753b1e4953 In Singapore, the nuanced and relationship-driven work of executive search firms remains crucial in securing top leadership talent. In Singapore, the nuanced and relationship-driven work of executive search firms remains crucial in securing top leadership talent. https://www.businesstimes.com.sg/startups-tech/startups/anthropic-moves-towards-ipo-stepping-race-openai The Business Times en 2026-06-02T07:15:05+08:00 Anthropic moves towards IPO, stepping up race with OpenAI https://cassette.sphdigital.com.sg/image/businesstimes/e840a29702d2877b2ba6b7826978d180e4c04b74f69f5003aae9493a96a241fb Anthropic’s valuation has more than doubled from US$380 billion in February, when it raised US$30 billion in a funding round. Anthropic’s valuation has more than doubled from US$380 billion in February, when it raised US$30 billion in a funding round. https://www.businesstimes.com.sg/opinion-features/how-fix-coe-system The Business Times en 2026-06-02T07:15:00+08:00 How to fix the COE system https://cassette.sphdigital.com.sg/image/businesstimes/27c40b32ec6256529d71142f039afd364d99f729477f1ecf368cd984df80478d Ordinary people need cars. Yet, the fundamental flaw of the COE system is that it ignores this human element. Ordinary people need cars. Yet, the fundamental flaw of the COE system is that it ignores this human element. https://www.businesstimes.com.sg/international/asean/next-phase-south-east-asias-energy-transition-fixing-grid The Business Times en 2026-06-02T07:00:00+08:00 The next phase of South-east Asia’s energy transition: Fixing the grid https://cassette.sphdigital.com.sg/image/businesstimes/a1c2ac5308d80383edf5a4a6c2c8b0902797658f6e3834b4a1c3d1a840c03c7e Surging demand from data centres, electric vehicles and green industrial parks is placing unprecedented strain on power systems. Surging demand from data centres, electric vehicles and green industrial parks is placing unprecedented strain on power systems. https://www.businesstimes.com.sg/opinion-features/columns/what-if-remote-working-not-ai-blame-weak-junior-hiring The Business Times en 2026-06-02T07:00:00+08:00 What if remote working, not AI, is to blame for weak junior hiring? https://cassette.sphdigital.com.sg/image/businesstimes/02826f0aa812de803d8c1bd605958fb8233be67bc869236cb6c60c7e7656495b New evidence suggests the rise of working from home has made entry-level hires a less attractive proposition The rise of working from home has been a boon for 30-somethings, but has slowed the climb up the career ladder for the youngest workers. https://www.businesstimes.com.sg/companies-markets/tokenmaxxing-and-ai-costs-take-companies-turn-private-token-factories-dell The Business Times en 2026-06-02T07:00:00+08:00 As ‘tokenmaxxing’ and AI costs take off, companies turn to private token factories: Dell https://cassette.sphdigital.com.sg/image/businesstimes/f3bd1e0b0b4691e61f5edbeffe823ff84909907143cc71511b63ef5e57a40807 As companies grapple with rising bills from AI use, owning a token generation machine becomes a viable solution. As companies grapple with rising bills from AI use, owning a token-generating machine becomes a viable solution. https://www.businesstimes.com.sg/opinion-features/should-you-sacrifice-some-cpf-life-income-favour-ilps-tread-carefully The Business Times en 2026-06-02T07:00:00+08:00 Should you sacrifice some CPF Life income in favour of ILPs? Tread carefully https://cassette.sphdigital.com.sg/image/businesstimes/96742f8b671e67c8ad1197cd6e3d09e001eaaeeefc0d6e5f62f9a4370a067b83 Be wary of sales pitches that dangle high income but are not explicit on where risks lurk. Be wary of sales pitches that dangle high income but are not explicit on where risks lurk. https://www.businesstimes.com.sg/property/rising-land-bids-push-new-condo-prices-focus-will-s3000-psf-be-new-normal The Business Times en 2026-06-02T07:00:00+08:00 Rising land bids push new condo prices into focus – will S$3,000 psf be a new normal? https://cassette.sphdigital.com.sg/image/businesstimes/04bd65091182542bc060095b7028094ce13d265777bef47de563915c98ba6aaf Singapore condos The average land rate for sites with a residential component is up almost 13% from the previous year, PropNex data shows. https://www.businesstimes.com.sg/opinion-features/singapore-can-be-asias-super-connector-and-strengthen-global-trade The Business Times en 2026-06-02T07:00:00+08:00 Singapore can be Asia’s ‘super-connector’ and strengthen global trade https://cassette.sphdigital.com.sg/image/businesstimes/3e55d8bf71aa1e7b0a76f55d4b0c9787cb1ab2d5f044e90e0bf82f09c004743c Singapore increasingly serves as a pathfinder, helping global firms enter South-east Asia and chart pathways for regional expansion. Singapore increasingly serves as a pathfinder, helping global firms enter South-east Asia and chart pathways for regional expansion. https://www.businesstimes.com.sg/opinion-features/affordability-crisis-about-more-prices The Business Times en 2026-06-02T07:00:00+08:00 The affordability crisis is about more than prices https://cassette.sphdigital.com.sg/image/businesstimes/481fee7bb69fce7c598eb8766e67063b034d7897fd206f5f1188093ee7c34012 Customers enter a J Sainsbury Plc supermarket in Colney, UK, on Monday, Oct. 31, 2022. Sainsbury's are due to report their latest earnings on Nov. 3. Photographer: Chris Ratcliffe/Bloomberg By targeting supermarket prices alone, governments miss an opportunity to tackle the real causes of the affordability crisis. https://www.businesstimes.com.sg/opinion-features/worried-over-job-prospects-young-adults-should-go-forth-fearlessly-buy-hdb-bto-flat The Business Times en 2026-06-02T07:00:00+08:00 Worried over job prospects? Young adults should go forth fearlessly to buy an HDB BTO flat https://cassette.sphdigital.com.sg/image/businesstimes/84bf58b7c444dd44e9f01fafd6bbf7d4e2649f0fe192083db2d8d7c52c036ec2 HDB BTO flats Young adults, worried over job security, should not hold back from applying for HDB BTO flats. https://www.businesstimes.com.sg/international/global/lebanon-announces-partial-ceasefire-between-israel-hizbollah-attacks-continue The Business Times en 2026-06-02T06:49:27+08:00 Lebanon announces partial ceasefire between Israel, Hizbollah but attacks continue https://cassette.sphdigital.com.sg/image/businesstimes/d9890dcff8e28eabd8336ed27569ba2ac04e514756b90b97e3049cffe91db3b1 Smoke billows from southern Lebanon following an Israeli strike on Jun 1. Iran has insisted on a halt to Israeli attacks in Lebanon as a condition of any deal to end the war.. The aftermath of an Israeli strike on southern Lebanon on Jun 1. Iran has insisted on a halt to Israeli attacks in Lebanon as a condition of any deal to end the war.. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/wall-street-ends-higher-boosted-tech-gains-us-iran-peace-hopes The Business Times en 2026-06-02T05:59:16+08:00 Wall Street ends higher, boosted by tech gains, US-Iran peace hopes https://cassette.sphdigital.com.sg/image/businesstimes/64bc98991c8a99ad045d04b8ce9abeb6c7a11648cd171e3f5623f5e9db7ef179 Of the 11 major sectors in the S&P 500, only technology and energy enjoyed gains, while utilities suffered the largest percentage drop. Of the 11 major sectors in the S&P 500, only technology and energy enjoyed gains, while utilities suffered the largest percentage drop. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-hit-one-week-low-middle-east-risks-deepen The Business Times en 2026-06-02T05:41:04+08:00 European shares hit one-week low as Middle East risks deepen https://cassette.sphdigital.com.sg/image/businesstimes/953246bab2fca7cea8c1993df83d7f0f09879d30e34e0f41ab8a3b9e4cc1db45 The pan-European Stoxx 600 index ended a volatile session down 0.8% to a more than one-week low of 621.24. The pan-European Stoxx 600 index ended a volatile session down 0.8% to a more than one-week low of 621.24. https://www.businesstimes.com.sg/podcasts/marco-polo-marine-powers-conversation-its-ceo The Business Times en 2026-06-02T05:00:00+08:00 Marco Polo Marine powers on: A conversation with its CEO https://cassette.sphdigital.com.sg/image/businesstimes/de890d625bd3e840f1444fc937fe4f5f7602ca1f420439a3185c82f66fb8ebf2 How did Marco Polo Marine break into Taiwan? How did Marco Polo Marine break into Taiwan? https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-prices-slip-after-trump-says-talks-iran-end-war-are-ongoing The Business Times en 2026-06-01T22:47:40+08:00 Oil prices slip after Trump says talks with Iran to end war are ongoing https://cassette.sphdigital.com.sg/image/businesstimes/cfc304c3f097cc2cda302e8c361d7c7a292617d60915eb4cf8daa95ed6b709d3 The dramatic slowdown in shipping through the vital Strait of Hormuz has driven up Brent futures by more than 30% since the war started at the end of February. Saudi Arabia is likely to cut its official selling prices for crude oil to Asia in July for a second consecutive month. https://www.businesstimes.com.sg/international/us-manufacturing-activity-expands-most-4-years The Business Times en 2026-06-01T22:36:52+08:00 US manufacturing activity expands by most in 4 years https://cassette.sphdigital.com.sg/image/businesstimes/e50d3c13eb9b730ffbd27f164564fd31951324273b20a65c02a972eab8f67ad2 Data has signalled expansion for five straight months, pointing to renewed vigour in the manufacturing sector. Data has signalled expansion for five straight months, pointing to renewed vigour in the manufacturing sector. https://www.businesstimes.com.sg/companies-markets/wall-street-opens-near-record-highs-ai-optimism-counters-us-iran-war-worries The Business Times en 2026-06-01T21:45:38+08:00 Wall Street opens near record highs as AI optimism counters US-Iran war worries https://cassette.sphdigital.com.sg/image/businesstimes/3cc9db510ca0236b4e4287145338fc12d227ea6d469c62ced6df4fff078415e4 The Dow Jones Industrial Average rose 128.6 points, or 0.25%, at Monday's open to 51,161.1. The Dow Jones Industrial Average rose 128.6 points, or 0.25%, at Monday's open to 51,161.1. https://www.businesstimes.com.sg/international/trump-says-deal-will-work-out-well-even-us-iran-clash The Business Times en 2026-06-01T21:14:50+08:00 Trump says deal will ‘work out well’ even as US, Iran clash https://cassette.sphdigital.com.sg/image/businesstimes/8d64ad159adf5393d2474be7017c4d9b537e0be761a3297bc7e4535314586d25 Israel has deepened its invasion of Lebanon, capturing the Crusader-era Beaufort Castle over the weekend. Israel has deepened its invasion of Lebanon, capturing the Crusader-era Beaufort Castle over the weekend. https://www.businesstimes.com.sg/companies-markets/thomson-medical-group-names-cassandra-loh-acting-ceo-its-singapore-operations The Business Times en 2026-06-01T20:53:37+08:00 Thomson Medical Group names Cassandra Loh as acting CEO for its Singapore operations https://cassette.sphdigital.com.sg/image/businesstimes/dd482e6cc99f0e9450f1262e60354ba10a4039eae0fc9ac3e0644424a2193833 Cassandra Loh Cassandra Loh aims to continue building "services around the real needs of patients and families". https://www.businesstimes.com.sg/companies-markets/us-dollar-holding-pattern-markets-await-progress-middle-east-peace-talks The Business Times en 2026-06-01T20:27:10+08:00 US dollar in holding pattern as markets await progress on Middle East peace talks https://cassette.sphdigital.com.sg/image/businesstimes/5b6def601320de16688405133ab91e7f52c810329b47de68e34763729d72cf94 Fed governor Jerome Powell, whose term as chair formally ended on May 15, warned in a speech on May 31 about the politicisation of monetary policy. Fed governor Jerome Powell, whose term as chair formally ended on May 15, warned in a speech on May 31 about the politicisation of monetary policy. https://www.businesstimes.com.sg/companies-markets/global-stocks-hold-near-highs-ai-boom-outweighs-middle-east-tensions The Business Times en 2026-06-01T20:13:37+08:00 Global stocks hold near highs as AI boom outweighs Middle East tensions https://cassette.sphdigital.com.sg/image/businesstimes/6375cde26aee3ea6f2df081d54cefe0b235df7526ee9a8c0b3c79c7ea7a411f8 S&P 500 futures firmed 0.3% on Monday (Jun 1), while Nasdaq futures rose 0.3% after the benchmark indexes hit records last week. S&P 500 futures firmed 0.3% on Monday (Jun 1), while Nasdaq futures rose 0.3% after the benchmark indexes hit records last week. https://www.businesstimes.com.sg/companies-markets/byd-sales-rise-first-time-9-months-overseas-demand The Business Times en 2026-06-01T19:32:40+08:00 BYD sales rise for first time in 9 months on overseas demand https://cassette.sphdigital.com.sg/image/businesstimes/535ebf59059b8868f0e4266eb56eeb28ce61f19e4f37c34647cf34f749af1994 BYD delivered 383,453 vehicles last month, up 0.3% from a year earlier. Of that, 160,644 were sold in overseas markets, underscoring the importance of global expansion as demand in China cools. BYD delivered 383,453 vehicles last month, up 0.3% from a year earlier. Of that, 160,644 were sold in overseas markets, underscoring the importance of global expansion as demand in China cools. https://www.businesstimes.com.sg/property/esr-mitsubishi-estate-asia-team-700-million-western-sydney-logistics-estate-development The Business Times en 2026-06-01T18:28:08+08:00 ESR, Mitsubishi Estate Asia team up for A$700 million Western Sydney logistics estate development https://cassette.sphdigital.com.sg/image/businesstimes/637f878d50614f9566cf053facb771c1817f5191496e6d76776eca3aaca36aae The Huntingwood Logistics Estate will provide up to 114,005 square metres of modern warehousing space. The Huntingwood Logistics Estate will provide up to 114,005 square metres of modern warehousing space. https://www.businesstimes.com.sg/international/asean/vietnam-touts-ip-crackdown-results-after-us-launches-new-probe The Business Times en 2026-06-01T17:59:40+08:00 Vietnam touts IP crackdown results after US launches new probe https://cassette.sphdigital.com.sg/image/businesstimes/61432e3b92ebeea9d8825a26e168a4228e28c54c00428855015795a8d2f05f8a Stalls in a counterfeit goods market still appear to be doing a brisk trade. Stalls in a counterfeit goods market still appear to be doing a brisk trade. https://www.businesstimes.com.sg/international/japan-adds-steel-scrutiny-probes-china-taiwan-korea The Business Times en 2026-06-01T17:52:21+08:00 Japan adds to steel scrutiny with probes on China, Taiwan, Korea https://cassette.sphdigital.com.sg/image/businesstimes/51d24ec6cbc8ccfbd367338fb1037d5df4976efa81447148e6298f9bec5cd9ca The anti-dumping investigation will target imports of coil, strip and sheet in hot-rolled or cold-rolled form. The anti-dumping investigation will target imports of coil, strip and sheet in hot-rolled or cold-rolled form. https://www.businesstimes.com.sg/international/how-delta-air-steered-around-airline-industry-chaos The Business Times en 2026-06-01T17:48:01+08:00 How Delta Air steered around airline industry chaos https://cassette.sphdigital.com.sg/image/businesstimes/c9b03c76c7a5af005b11d05e1b2b23ec383ae9e573c146f78f4b522ea615fcb9 Travellers in the Delta Sky Club lounge at John F Kennedy International Airport in New York. Delta Air LInes has spent years courting well-heeled customers with perks like luxurious airport lounges. Travellers in the Delta Sky Club lounge at John F Kennedy International Airport in New York. Delta Air Lines has spent years courting well-heeled customers with perks like luxurious airport lounges. https://www.businesstimes.com.sg/companies-markets/softbank-group-overtakes-toyota-japans-most-valuable-company The Business Times en 2026-06-01T17:43:15+08:00 SoftBank Group overtakes Toyota as Japan’s most valuable company https://cassette.sphdigital.com.sg/image/businesstimes/12b84284178093210a68bd6e16512e02027ad755fd90a34736dabe7d9746114c Shares of Softbank climb 14% in Tokyo trading on Monday (Jun 1), pushing its market capitalisation past Toyota’s for the first time in 20 years. Shares of Softbank climb 14% in Tokyo trading on Monday (Jun 1), pushing its market capitalisation past Toyota’s for the first time in 20 years. https://www.businesstimes.com.sg/companies-markets/emerging-market-stocks-hit-record-investors-assess-factory-data-mid-east-peace-prospects The Business Times en 2026-06-01T17:24:22+08:00 Emerging market stocks hit record as investors assess factory data, Mid-East peace prospects https://cassette.sphdigital.com.sg/image/businesstimes/cd84b564f3b14602ddfda3960e56e0a9ce09448618f0f641a78acad489977a79 Manufacturing data showed that Asia’s factory activity expanded steadily in May, helped by some stockpiling, as companies attempted to get ahead of supply shocks stemming from the US-Iran war. Manufacturing data showed that Asia’s factory activity expanded steadily in May, helped by some stockpiling, as companies attempted to get ahead of supply shocks stemming from the US-Iran war. https://www.businesstimes.com.sg/international/growth-spurt-uk-factories-will-be-short-lived-pmi-shows The Business Times en 2026-06-01T17:13:33+08:00 Growth spurt for UK factories will be short-lived, PMI shows https://cassette.sphdigital.com.sg/image/businesstimes/ad31e044f124fb0e2a0381f8d4c9fa73f6f9e54614c813fab07643be0945a006 The growth spurt in factories could help cushion an expected slowdown in the UK economy. The growth spurt in factories could help cushion an expected slowdown in the UK economy. https://www.businesstimes.com.sg/companies-markets/china-stocks-dip-six-week-low-tech-firms-drag-factory-activity-stalls The Business Times en 2026-06-01T17:04:00+08:00 China stocks dip to six-week low as tech firms drag, factory activity stalls https://cassette.sphdigital.com.sg/image/businesstimes/191c237aff9536715262ef51cb639e208d07e3a5670409b4177bfb906b4e998d Tech sectors led the decline, with the CSI AI Index down 2.5% and the CSI Semiconductor Index dropping 5.8% to a two-week low. Tech sectors led the decline, with the CSI AI Index down 2.5% and the CSI Semiconductor Index dropping 5.8% to a two-week low. https://www.businesstimes.com.sg/companies-markets/quite-alarming-more-companies-must-think-about-replacing-their-ceos-boards The Business Times en 2026-06-01T17:00:00+08:00 ‘Quite alarming’: More companies must think about replacing their CEOs, boards https://cassette.sphdigital.com.sg/image/businesstimes/2d6efaf1c365d86be2ea8215321fd5283e0637b71186db5b24b58381e10b08ca Board changes should not be seen as a box-ticking exercise, but the opportunity for strategic conversations, says Heidrick & Struggles partner ​Terence Quek. Board changes should not be seen as a box-ticking exercise, but the opportunity for strategic conversations, says Heidrick & Struggles partner ​Terence Quek. https://www.businesstimes.com.sg/opinion-features/why-mamdanis-new-york-has-fight-retain-its-crown The Business Times en 2026-06-01T17:00:00+08:00 Why Mamdani’s New York has to fight to retain its crown https://cassette.sphdigital.com.sg/image/businesstimes/a3dfb0a20dfc42c4688744d0443d7abd8872e782c0b1a12b90829eb674d4f16e What New York needs from Mayor Zohran Mamdani is not a retreat from progressive ambition, but a recognition that the city is now competing for its tax base in a global market.  What New York needs from Mayor Zohran Mamdani is not a retreat from progressive ambition, but the recognition that the city needs to compete for its tax base in a global market. https://www.businesstimes.com.sg/international/chinas-private-factory-gauge-slows-economy-softens The Business Times en 2026-06-01T16:44:35+08:00 China’s private factory gauge slows as economy softens https://cassette.sphdigital.com.sg/image/businesstimes/e04b65042c06ac646a50ae4a8e2fc24c995af14569fad12c71fcd170a2089290 Official figures on Sunday showed factory activity fell to 50 from 50.3 in April, as disruptions from a five-day break added to pressures on global demand and input costs from the continuing conflict in the Middle East. Official figures on Sunday showed factory activity fell to 50 from 50.3 in April, as disruptions from a five-day break added to pressures on global demand and input costs from the continuing conflict in the Middle East. https://www.businesstimes.com.sg/companies-markets/global-smartphone-market-faces-record-annual-decline-chip-crunch-worsens The Business Times en 2026-06-01T16:03:52+08:00 Global smartphone market faces record annual decline as chip crunch worsens https://cassette.sphdigital.com.sg/image/businesstimes/83617ce2ec8b705a58e2374c2f2f170ee75955e1d8956cdb7d549b3143a2ffec With more stable chip supply and stronger margins than many rivals, Apple is well placed to gain market share and could face less pressure to raise prices. With more stable chip supply and stronger margins than many rivals, Apple is well placed to gain market share and could face less pressure to raise prices. https://www.businesstimes.com.sg/wealth/wealth-investing/capital-guaranteed-label-investment-linked-policies-misleading-mas-life-insurance-association The Business Times en 2026-06-01T16:00:00+08:00 ‘Capital guaranteed’ label for investment-linked policies misleading: MAS, Life Insurance Association https://cassette.sphdigital.com.sg/image/businesstimes/9e64a73dad69f946af4023134b907bbfcc8a7babca3db47021ad50136ffccbe0 The Monetary Authority of Singapore said it expects financial adviser representatives to "act honestly and in the interests of customers when providing financial advice". MAS says it expects financial adviser representatives to "act honestly and in the interests of customers when providing financial advice". https://www.businesstimes.com.sg/property/rent-spikes-san-francisco-are-topping-all-other-us-cities-ai-boom The Business Times en 2026-06-01T15:55:07+08:00 Rent spikes in San Francisco are topping all other US cities on AI boom https://cassette.sphdigital.com.sg/image/businesstimes/10a529bef663d55e4435f05cfd67358d3be0196810dfd27c6948b6f05a371041 San Francisco’s new tech frenzy is reigniting home bidding wars and sending prices soaring in a city that just a few years ago was mired in post-pandemic malaise. San Francisco’s new tech frenzy is reigniting home bidding wars and sending prices soaring in a city that just a few years ago was mired in post-pandemic malaise. https://www.businesstimes.com.sg/property/billionaire-behind-japans-tiny-room-hotel-empire-bets-us The Business Times en 2026-06-01T15:27:43+08:00 Billionaire behind Japan’s tiny-room hotel empire bets on US https://cassette.sphdigital.com.sg/image/businesstimes/a9a82df9a4cc633bd49c9d44d420effbb4cb3b80e653d41b39fa72e16522ea1f APA built its name in Japan on a standardised formula: a long list of amenities packed into tight rooms engineered for efficiency, in dense urban locations. APA built its name in Japan on a standardised formula: a long list of amenities packed into tight rooms engineered for efficiency, in dense urban locations. https://www.businesstimes.com.sg/companies-markets/china-investors-turn-sellers-hong-kong-stocks-rare-reversal The Business Times en 2026-06-01T15:02:33+08:00 China investors turn sellers of Hong Kong stocks in rare reversal https://cassette.sphdigital.com.sg/image/businesstimes/e6084e905c5c0d7ef699ca8239e35912583d55d0a3db694ba1f1b160884be44c Mainland funds have regularly stepped in to buy the dip in internet heavyweights like Tencent. Mainland funds have regularly stepped in to buy the dip in internet heavyweights like Tencent. https://www.businesstimes.com.sg/companies-markets/softbank-set-become-japans-most-valuable-company The Business Times en 2026-06-01T14:54:09+08:00 SoftBank set to become Japan’s most valuable company https://cassette.sphdigital.com.sg/image/businesstimes/5d6cddd2730a75874fcd7d0a25e1a6f801e60952df4fa087cb3bc4c394c159aa If the gains hold through the market close, SoftBank will surpass Toyota in market value for the first time in more than two decades. If the gains hold through the market close, SoftBank will surpass Toyota in market value for the first time in more than two decades. https://www.businesstimes.com.sg/singapore/smes/sustainability-smes-not-complex-cost-path-business-resilience The Business Times en 2026-06-01T14:38:49+08:00 Sustainability for SMEs – not a complex cost, but the path to business resilience https://cassette.sphdigital.com.sg/image/businesstimes/23424ebf1dbc80198e16bca1f1d5efb5cb41787186208ff655223c20fb828eee For SMEs, practical sustainability would encompass reducing electricity use, cutting waste, improving processes, among others. For SMEs, practical sustainability would encompass reducing electricity use, cutting waste and improving processes, among other things. https://www.businesstimes.com.sg/lifestyle/arts-design/jacintha-and-dick-lee-revisit-love-remain-guarded The Business Times en 2026-06-01T14:30:00+08:00 Jacintha and Dick Lee revisit love – but remain guarded https://cassette.sphdigital.com.sg/image/businesstimes/9e735393d776fa23f2d0deeaf96d32ee76151ed57a0c9276b5ecfbea610fdc20 Dick Lee and Jacintha Abisheganaden look back at their friendship, collaboration and marriage. Dick Lee and Jacintha Abisheganaden look back at their friendship, collaboration and marriage. https://www.businesstimes.com.sg/international/china-tightens-outbound-investment-rules-eye-security The Business Times en 2026-06-01T14:22:13+08:00 China tightens outbound investment rules with eye on security https://cassette.sphdigital.com.sg/image/businesstimes/f465a80937826ec418f649b3b0b0219ea40b7f46c3935902c1ca9cfd7297eda7 The move comes as Beijing and Washington are racing to dominate artificial intelligence and other key technologies. The move comes as Beijing and Washington are racing to dominate artificial intelligence and other key technologies. https://www.businesstimes.com.sg/international/indonesia-sovereign-wealth-fund-joins-data-centre-boom The Business Times en 2026-06-01T14:04:45+08:00 Indonesia sovereign wealth fund joins data centre boom https://cassette.sphdigital.com.sg/image/businesstimes/ddc61f476dd0a1d8c50128aaef861bf2e34cc9fef6d5036d3cc6b141435f064b INA has participated in a funding round for DayOne Data Centres, a spinoff of Chinese company GDS. INA has participated in a funding round for DayOne Data Centres, a spinoff of Chinese company GDS. https://www.businesstimes.com.sg/international/global/nvidia-enters-windows-laptop-market-taking-intel-and-amd The Business Times en 2026-06-01T13:33:08+08:00 Nvidia enters Windows laptop market, taking on Intel and AMD https://cassette.sphdigital.com.sg/image/businesstimes/f3ea6fbb64e0155642d96b29490c6ded98520313b8e4d1b1b9ba0b73dbbe474b Now a dominant player in data centres, Nvidia is taking another run at the PC processor market. Now a dominant player in data centres, Nvidia is taking another run at the PC processor market. https://www.businesstimes.com.sg/international/japanese-firms-cut-investment-war-iran-clouded-outlook The Business Times en 2026-06-01T12:22:17+08:00 Japanese firms cut investment as war in Iran clouded outlook https://cassette.sphdigital.com.sg/image/businesstimes/9936b039b35c14462e51096d1f22a0cb8601c215c29959822947025a51b4c1a9 BOJ officials express a desire to raise interest rates provided the economy holds up in the face of geopolitical uncertainties. BOJ officials express a desire to raise interest rates provided the economy holds up in the face of geopolitical uncertainties. https://www.businesstimes.com.sg/international/us-takes-step-halt-nvidia-ai-chip-shipments-chinese-firms-outside-china The Business Times en 2026-06-01T11:51:12+08:00 US takes step to halt Nvidia AI chip shipments to Chinese firms outside China https://cassette.sphdigital.com.sg/image/businesstimes/9c66f083963b8feacd8181c21b3f5b61d0ba28bcee49bc0e8b5fc4d1423d235a The new guidance does not change anything for Nvidia, a company official says. The new guidance does not change anything for Nvidia, a company official says. https://www.businesstimes.com.sg/companies-markets/samsung-lg-shares-rally-ahead-nvidia-ceo-meetings-korean-executives The Business Times en 2026-06-01T11:21:09+08:00 Samsung, LG shares rally ahead of Nvidia CEO meetings with Korean executives https://cassette.sphdigital.com.sg/image/businesstimes/96ab19553e0c50d12885a4710f2a0b2b2a38e7f7b6282fd6771a2cc96330a18f Nvidia CEO Jensen Huang is expected to visit South Korea later this week and meet LG Group chairman Koo Kwang-mo and other Korean executives. Nvidia CEO Jensen Huang is expected to visit South Korea later this week and meet LG Group chairman Koo Kwang-mo and other Korean executives. https://www.businesstimes.com.sg/companies-markets/dbs-open-18-new-and-36-upgraded-wealth-centres-across-apac-2027 The Business Times en 2026-06-01T11:00:00+08:00 DBS to open 18 new and 36 upgraded wealth centres across Apac by 2027 https://cassette.sphdigital.com.sg/image/businesstimes/6130e9ce1747d774a0e5d1e56c3748e5260436be11735a00fa1cdecb1754f22c DBS said the expansion will increase the presence of its DBS Treasures' priority banking service wealth centres by 50 per cent. The expansion will increase the presence of DBS Treasures' wealth management centres in Singapore by 50%. https://www.businesstimes.com.sg/international/chinas-shoppers-are-buying-luxury-again-stock-market-rebounds The Business Times en 2026-06-01T10:54:59+08:00 China’s shoppers are buying luxury again as stock market rebounds https://cassette.sphdigital.com.sg/image/businesstimes/8c58f2db791d5818d625dbe50b0f9812c498423406aaff5553de003bae0379ac For luxury and cosmetics groups, the tentative rebound in demand could help stabilise margins. For luxury and cosmetics groups, the tentative rebound in demand could help stabilise margins. https://www.businesstimes.com.sg/companies-markets/hsbc-ceo-pitches-hong-kong-clients-hires-more-bankers-amid-stiff-competition The Business Times en 2026-06-01T10:14:44+08:00 HSBC CEO pitches to Hong Kong clients, hires more bankers amid stiff competition https://cassette.sphdigital.com.sg/image/businesstimes/74b538d25ca2ee9e9911db30585820f7d475213a699f50213653110f7733013e Since taking the helm at HSBC in 2024, Georges Elhedery has pursued aggressive cost-cutting, scaling back equity capital markets operations in Europe and the US to accelerate the bank’s pivot towards Asia. Since taking the helm at HSBC in 2024, Georges Elhedery has pursued aggressive cost-cutting, scaling back equity capital markets operations in Europe and the US to accelerate the bank’s pivot towards Asia. https://www.businesstimes.com.sg/companies-markets/dell-rivals-apples-macbook-neo-us699-touch-screen-xps-13-laptop The Business Times en 2026-06-01T09:00:39+08:00 Dell rivals Apple’s MacBook Neo with US$699 touch-screen XPS 13 laptop https://cassette.sphdigital.com.sg/image/businesstimes/aa70bd2df206496eb66f21e0ccdfa861269f30e415b2a5760aff3c174ee0719d The XPS 13 has an aluminum outer shell that looks and feels sleeker than many other laptops in its segment. The XPS 13 has an aluminum outer shell that looks and feels sleeker than many other laptops in its segment. https://www.businesstimes.com.sg/companies-markets/oil-prices-rise-more-2-israel-steps-incursion-lebanon The Business Times en 2026-06-01T08:09:45+08:00 Oil prices rise more than 2% as Israel steps up incursion into Lebanon https://cassette.sphdigital.com.sg/image/businesstimes/0a6f1c63a0ce0c36b45a745d5d914df9318c9d91642a231645a6f43477d14435 US crude futures rise US$2.17 or 2.5% to US$89.53 a barrel. US crude futures rise US$2.17 or 2.5% to US$89.53 a barrel. https://www.businesstimes.com.sg/companies-markets/why-ai-tortoise-not-hare The Business Times en 2026-06-01T07:00:00+08:00 Why AI is a tortoise, not a hare https://cassette.sphdigital.com.sg/image/businesstimes/4258e3d6d04a4dd3eb94f9a03c80fa76d1e3fb1540e862f9717362c203d70ced FILE PHOTO: A message reading "AI artificial intelligence," a keyboard and robot hands are seen in this illustration created on January 27, 2025. REUTERS/Dado Ruvic/Illustration/File Photo Current fears and hopes about artificial intelligence are excessive exaggerations, says the writer. https://www.businesstimes.com.sg/property/mapletree-eyes-mid-2026-first-close-us1-8-billion-emerging-asia-logistics-development-fund The Business Times en 2026-06-01T07:00:00+08:00 Mapletree eyes mid-2026 first close for US$1.8 billion emerging Asia logistics development fund https://cassette.sphdigital.com.sg/image/businesstimes/0724a6a4bcc07034dcb23a39d49935194812279031746a3aaebaba5eb125745f Ng Kiat, Mapletree’s regional chief executive officer for logistics development in Asia-Pacific, says institutional investor interest in emerging Asia remains strong. Ng Kiat, Mapletree’s regional chief executive officer for logistics development in Asia-Pacific, says institutional investor interest in emerging Asia remains strong. https://www.businesstimes.com.sg/companies-markets/singapore-cannot-afford-keep-losing-clients-dubai-and-hong-kong-industry-says-faster-onboarding The Business Times en 2026-06-01T07:00:00+08:00 ‘Singapore cannot afford to keep losing clients to Dubai and Hong Kong’: Industry says faster onboarding vital for wealth hub edge https://cassette.sphdigital.com.sg/image/businesstimes/317e622acb62bd58cf69b96ce045fabf8bc4454c0cc69a8ed2e9c1ee36046a5f Source of wealth establishment processes are typically the most time-intensive elements in onboarding ultra-high-net-worth clients. Source of wealth establishment processes are typically the most time-intensive elements in onboarding ultra-high-net-worth clients. https://www.businesstimes.com.sg/wealth/wealth-investing/buoyed-ps7-billion-global-inflows-mg-investments-pushes-further-asia-pacific The Business Times en 2026-06-01T07:00:00+08:00 Buoyed by £7 billion in global inflows, M&G Investments pushes further into Asia-Pacific https://cassette.sphdigital.com.sg/image/businesstimes/455da0d4a2092e856325b2603b322910dd544400a16dce45bbe1d3bea6766194 Joseph Pinto, chief executive officer of M&G Investments sees opportunity in Asia Pacific after strong global inflows in 2025. Joseph Pinto says the company has more resources in Apac markets such as Japan, Hong Kong and Singapore. "We are going to also add a sales individual in Australia." https://www.businesstimes.com.sg/companies-markets/uncovering-the-singapore-bourse/s6-5-billion-mandate-how-fund-managers-are-shaking-singapore-equities The Business Times en 2026-06-01T07:00:00+08:00 The S$6.5 billion mandate: How fund managers are shaking up Singapore equities https://cassette.sphdigital.com.sg/image/businesstimes/835e5bfcf67dab606b44255527df5f88ada60c5add96626a537934472ee5697f The broader Singapore market has enjoyed a much-needed uplift, riding a wave of renewed optimism and foreign inflows. The broader Singapore market has enjoyed a much-needed uplift, riding a wave of renewed optimism and foreign inflows. https://www.businesstimes.com.sg/companies-markets/wti-expected-face-further-downside-pressure The Business Times en 2026-06-01T07:00:00+08:00 WTI expected to face further downside pressure https://cassette.sphdigital.com.sg/image/businesstimes/970d1a2e25a0e1c254d52cb6b3e48cf70096216b9f61c930f33ae45090ca963c From a technical perspective, WTI oil prices have exhibited signs of weakness lately, with lower highs continuing to form since the Mar 9 high near US$120 per barrel. From a technical perspective, WTI oil prices have exhibited signs of weakness lately, with lower highs continuing to form since the Mar 9 high near US$120 per barrel. https://www.businesstimes.com.sg/podcasts/liquidity-anxiety-antidote The Business Times en 2026-06-01T05:00:00+08:00 Liquidity: the anxiety antidote https://cassette.sphdigital.com.sg/image/businesstimes/b032ad0ecf09b462fa65de18803b6e573bcc7c0077ca98faa4479f7332581c4d Is your emergency fund ready for relentless inflation? A basic budget isn't enough. Is your emergency fund ready for relentless inflation? A basic budget isn't enough. https://www.businesstimes.com.sg/international/baltic-exchange-shipping-insights71 The Business Times en 2026-06-01T00:15:00+08:00 Baltic Exchange Shipping Insights https://cassette.sphdigital.com.sg/image/businesstimes/02ae5fc224e5fd21a2ab72577cef85f679588a3c85557545008e619c4f787c35 A roundup of the week’s tanker and dry bulk market. A roundup of the week’s tanker and dry bulk market. https://www.businesstimes.com.sg/international/indonesia-advances-export-control-plan-despite-uncertainty The Business Times en 2026-05-31T20:04:57+08:00 Indonesia advances export control plan despite uncertainty https://cassette.sphdigital.com.sg/image/businesstimes/f85563c117456c96e49c1bc214f75d6cc16ccc5d2f84ab4c6831462105fcd454 Coal, palm oil and ferro alloy producers are expected to start submitting export-related documents to the newly formed state-owned firm PT Danantara Sumberdaya Indonesia beginning on Jun 1, says Coordinating Economic Minister Airlangga Hartarto Coal, palm oil and ferroalloy producers are expected to start submitting export-related documents to the newly formed state-owned company Danantara Sumberdaya Indonesia beginning on Jun 1. https://www.businesstimes.com.sg/wealth/when-war-breaks-out-over-family-business-they-get-call The Business Times en 2026-05-31T19:11:57+08:00 When war breaks out over the family business, they get the call https://cassette.sphdigital.com.sg/image/businesstimes/fd91000e681650427cbf638b165555287f01931d0b32c7689e8a668adeac27ff What Baumoel identified 25 years ago as a niche business idea has been supercharged by the so-called great wealth transfer. What Baumoel identified 25 years ago as a niche business idea has been supercharged by the so-called great wealth transfer. https://www.businesstimes.com.sg/international/eu-weighs-temporary-freeze-russia-oil-price-cap-over-iran The Business Times en 2026-05-31T19:05:49+08:00 EU weighs temporary freeze on Russia oil price cap over Iran https://cassette.sphdigital.com.sg/image/businesstimes/74902d2a89f0c51966d2f9af61b52945b70ce951cd52808bd55930d57f5c8cd3 Oil prices have soared as a result of the Iran war and the effective closure of the Strait of Hormuz. Oil prices have soared as a result of the Iran war and the effective closure of the Strait of Hormuz. https://www.businesstimes.com.sg/opinion-features/private-equity-giant-carlyle-can-grow-bigger-needs-stay-its-toes-co-founder-david-rubenstein The Business Times en 2026-05-31T18:58:37+08:00 Private equity giant Carlyle can grow bigger but needs to stay on its toes: co-founder David Rubenstein https://cassette.sphdigital.com.sg/image/businesstimes/5f1a20d3506c90d03c40b209518109e177e7719f22d3e6ca4fcfa7874eb52466 David Rubenstein, Co-Founder and Co-Chairman, The Carlyle Group David Rubenstein, co-founder and co-chairman of The Carlyle Group, warns against “just trying to do deals for the purpose of doing deals, as opposed to getting high rates of return”. https://www.businesstimes.com.sg/opinion-features/new-dynamism-singapore-needs-market-index-without-reits-support-passive-flows The Business Times en 2026-05-31T18:03:04+08:00 New dynamism: Singapore needs a market index without Reits to support passive flows https://cassette.sphdigital.com.sg/image/businesstimes/4a8b483f143c0637b312f8d315b3eae40f90efa7a0d7fba29c58b541fc5c5979 If a new all-stock index i s created, it should be explicitly positioned to include companies that list on the Global Listing Board If a new market index is created, it should be explicitly positioned to include companies that list on the Global Listing Board. https://www.businesstimes.com.sg/opinion-features/singapore-showing-why-cooling-next-investment-asset The Business Times en 2026-05-31T18:00:00+08:00 Singapore is showing why cooling is the next investment asset https://cassette.sphdigital.com.sg/image/businesstimes/8a1e35ac2117b0a28091df222edc4e2db8a88202913fbaea4bb0b4290a9cce58 When Singapore tightens its building codes or introduces new heat-mitigation standards for migrant workers, it also fosters the development of high-value IP. When Singapore tightens its building codes or introduces new heat-mitigation standards for migrant workers, it also fosters the development of high-value IP. https://www.businesstimes.com.sg/opinion-features/what-price-hormuz The Business Times en 2026-05-31T18:00:00+08:00 What price Hormuz? https://cassette.sphdigital.com.sg/image/businesstimes/0ac66378bec872ce584fa3516c42b4ec6670ca21e6c98fd4fb8478bb05717719 The future of the Strait of Hormuz is likely going to be a complex and fragmented regional balance in which the waterway remains open conditionally. The future of the Strait of Hormuz is likely going to be a complex and fragmented regional balance in which the waterway remains open conditionally. https://www.businesstimes.com.sg/international/us-hits-vietnam-third-probe-trade-pressure-grows The Business Times en 2026-05-31T17:59:34+08:00 US hits Vietnam with third probe as trade pressure grows https://cassette.sphdigital.com.sg/image/businesstimes/4ec8ba09b1d547f08b1d6d7ed5337fe60d10e3e51dd36a4ca3dfcbb2b76e378b A furniture factory in Binh Duong Province; Vietnam was initially hit with a steep 46% tariff last April, later reduced to 20%. A furniture factory in Binh Duong Province; Vietnam was initially hit with a steep 46% tariff last April, later reduced to 20%. https://www.businesstimes.com.sg/companies-markets/singapores-capitaland-sheds-10-china-staff-amid-downturn The Business Times en 2026-05-31T17:45:11+08:00 Singapore’s CapitaLand sheds 10% of China staff amid downturn https://cassette.sphdigital.com.sg/image/businesstimes/cac96f46281f1428cf9d8676b6481acf33262603356ffa94e1ea1b5230e3713c CapitaLand is grappling with a years-long property downturn in China that continues to afflict its sizable portfolio there. CapitaLand is grappling with a years-long property downturn in China that continues to afflict its sizable portfolio there. https://www.businesstimes.com.sg/startups-tech/technology/first-windows-pc-powered-nvidia-chips-debut-next-week-axios-reports The Business Times en 2026-05-31T17:31:32+08:00 First Windows PC powered by Nvidia chips to debut next week, Axios reports https://cassette.sphdigital.com.sg/image/businesstimes/4fae078ed698ec137048424d00f4a803ca3a9c9da2a4b4d4d7f327b67f84b1a5 Nvidia-powered computers are expected both from Microsoft’s Surface brand as well as other computer makers including Dell. Nvidia-powered computers are expected both from Microsoft’s Surface brand as well as other computer makers including Dell. https://www.businesstimes.com.sg/singapore/commentary-us-says-ships-and-submarines-trump-summits-south-east-asia-politely-says-no The Business Times en 2026-05-31T17:03:19+08:00 Commentary: The US says ships and submarines trump summits. South-east Asia politely says ‘no’ https://cassette.sphdigital.com.sg/image/businesstimes/367d322592d3d72b7a46268ca0200f6b9384bebc1a9da3e3506aba1b94e562c5 Delegates attending the 23rd Shangri-La Dialogue on May 30. Delegates attending the 23rd Shangri-La Dialogue on May 30. https://www.businesstimes.com.sg/companies-markets/mizuho-plans-more-singapore-hiring-power-next-phase-asia-growth The Business Times en 2026-05-31T17:00:00+08:00 Mizuho plans more Singapore hiring to power next phase of Asia growth https://cassette.sphdigital.com.sg/image/businesstimes/bfeb643fc9ec463c0007fca6c01487fe01c57523cb2f0313c6ac9d2d7c4fd689 Mizuho's Asia-Pacific chief executive Koichi Zaiki (left) and the bank's head of Asia-Pacific banking Joris Dierckx. Mizuho's Asia-Pacific chief executive Koichi Zaiki (left) and Asia-Pacific banking head Joris Dierckx. https://www.businesstimes.com.sg/companies-markets/softbank-plans-75-billion-euro-investment-french-ai-centres The Business Times en 2026-05-31T16:55:46+08:00 SoftBank plans up to 75 billion euro investment in French AI centres https://cassette.sphdigital.com.sg/image/businesstimes/94d4ceaf6ec01161deb53fb326cc46d8fc34702bb6cfa0c0cb22938020d60abf The move highlights SoftBank founder Masayoshi Son’s growing ambitions to secure data centre bases in major locations across the globe. The move highlights SoftBank founder Masayoshi Son’s growing ambitions to secure data centre bases in major locations across the globe. https://www.businesstimes.com.sg/lifestyle/soccer-faith-luis-enrique-leads-psg-back-back-champions-league-titles The Business Times en 2026-05-31T16:47:44+08:00 Faith in Luis Enrique leads PSG to back-to-back Champions League titles https://cassette.sphdigital.com.sg/image/businesstimes/02c209a736115974e91da41d544374b1eba5ba0c6533223d68eca806e8303ed8 PSG coach Luis Enrique with the Champions League trophy on Saturday. His players speak about him less as a coach than as an architect and people leader. PSG coach Luis Enrique with the Champions League trophy on Saturday. His players speak about him less as a coach than as an architect and people leader. https://www.businesstimes.com.sg/lifestyle/georgia-uncorks-value-stalins-40000-bottle-wine-collection The Business Times en 2026-05-31T16:27:44+08:00 Georgia uncorks the value of Stalin’s 40,000-bottle wine collection https://cassette.sphdigital.com.sg/image/businesstimes/cacf05d98a495113b20bc0dae15853d8f191a4f71ccdfb2d498d777cbb038cc7 A wine cellar housing a collection of rarities from the 19th and 20th centuries, once owned by Soviet leader Joseph Stalin, in Tbilisi. A wine cellar housing a collection of rarities from the 19th and 20th centuries, once owned by Soviet leader Joseph Stalin, in Tbilisi. https://www.businesstimes.com.sg/property/domestic-capital-reshapes-china-real-estate-deals-asset-managers-redirect-china-china-play The Business Times en 2026-05-31T16:00:00+08:00 Domestic capital reshapes China real estate deals as asset managers redirect to ‘China-for-China’ play https://cassette.sphdigital.com.sg/image/businesstimes/5bdc54df17c4ea3dc0420bfd6b70f1f996ad89b1cfb460992e3d3a2180cfc228 Regulatory changes supporting initiatives such as private Reits have improved liquidity for quality assets, with both local and foreign investors starting to use such structures as pathways to generating liquidity. Regulatory changes supporting initiatives such as private Reits have improved liquidity for quality assets, with both local and foreign investors starting to use such structures as pathways to generating liquidity.