https://www.businesstimes.com.sg/international/global/iran-and-israel-say-they-have-halted-strikes-each-other-now The Business Times en 2026-06-08T23:04:38+08:00 Iran and Israel say they have halted strikes on each other for now https://cassette.sphdigital.com.sg/image/businesstimes/3dee3c680995776eca5fef87d69aad19bd9c08df1a68ae52557f027c01ebae1f Iran launches missiles towards Israel, at an unknown location, in this still image taken from a video released June 7, 2026. Iran launches missiles towards Israel, at an unknown location, in this still image taken from a video released June 7, 2026. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-wall-street-gains-chips-rebound-middle-east-tensions-ease The Business Times en 2026-06-08T22:49:34+08:00 US stocks: Wall Street gains as chips rebound, Middle East tensions ease https://cassette.sphdigital.com.sg/image/businesstimes/b8198e42599bd9a7d6c1476334546eaa0f0ba2d291a0475518feaade5cf779b3 At 9.37 am ET on Monday, the Dow Jones Industrial Average rose 146.11 points, or 0.29 per cent, to 51,015.91. At 9.37 am ET on Monday, the Dow Jones Industrial Average rose 146.11 points, or 0.29 per cent, to 51,015.91. https://www.businesstimes.com.sg/international/uk-sets-out-ps1-1-billion-ai-hardware-plan-supercomputer-chip-funding The Business Times en 2026-06-08T22:15:45+08:00 UK sets out £1.1 billion AI hardware plan with supercomputer, chip funding https://cassette.sphdigital.com.sg/image/businesstimes/74045255be1778475976af6c8266cec15a5085fe02893c9d5c8b22f4f9a5e432 A £750 million national AI supercomputer will deploy in 2030, using a mixed chip system combining proven and next-generation processors. A £750 million national AI supercomputer will deploy in 2030, using a mixed chip system combining proven and next-generation processors. https://www.businesstimes.com.sg/international/us-dollar-eases-slightly-after-iran-says-attacks-israel-have-ended The Business Times en 2026-06-08T21:50:39+08:00 US dollar eases slightly after Iran says attacks on Israel have ended https://cassette.sphdigital.com.sg/image/businesstimes/7300f4e36b106f3b042cccef9d1b158d351006934a92acfa91b92e79a21ad3e4 The Federal Open Market Committee meets next week for the first time under new Chair Kevin Warsh. Markets see a roughly 50 per cent chance of a hike by September. The US dollar held most of the gains made on the back of Friday’s non-farm payrolls report https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/apple-investors-look-ai-power-next-leg-gains The Business Times en 2026-06-08T21:18:15+08:00 Apple investors look for AI to power next leg of gains https://cassette.sphdigital.com.sg/image/businesstimes/6bd3466175fd6df84e2a5d786e832dac3727ebdb63761f242788d87dec6c840d Many analysts are optimistic that a strong AI showing at WWDC will support further gains for Apple shares. Many analysts are optimistic that a strong AI showing at WWDC will support further gains for Apple shares. https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/jj-buy-cancer-drug-technology-developer-firefly-bio-us1-billion The Business Times en 2026-06-08T20:52:01+08:00 J&J to buy cancer drug technology developer Firefly Bio for US$1 billion https://cassette.sphdigital.com.sg/image/businesstimes/7a86a5d240b6dd542259a804f40574482bc996c671292bc0d093201c867333d3 The transaction is expected to close later this year. The transaction is expected to close later this year. https://www.businesstimes.com.sg/companies-markets/banking-finance/bitcoin-steadies-after-us60000-breach-saylor-hints-buying The Business Times en 2026-06-08T20:26:27+08:00 Bitcoin steadies after US$60,000 breach as Saylor hints at buying https://cassette.sphdigital.com.sg/image/businesstimes/2d5df5d531ff60c59e3648c21e092a9966d476cad15de5a666a56d2835a54f1a The recovery comes after Bitcoin had slumped roughly 7 per cent to US$59,101 on Friday. The recovery comes after Bitcoin had slumped roughly 7 per cent to US$59,101 on Friday. https://www.businesstimes.com.sg/singapore/singapore-must-become-more-cohesive-global-outlook-remains-uncertain-pm-wong The Business Times en 2026-06-08T19:59:42+08:00 Singapore must become more cohesive as global outlook remains uncertain: PM Wong https://cassette.sphdigital.com.sg/image/businesstimes/4cce0abb822efc6952ba44f59fe9f651094cc218a1ed3c85fe316926a9e80029 Prime Minister Lawrence Wong speaking to the Singapore Press Club members at the Eminent Speaker Series event at SPH on June 8, 2026. PM Lawrence Wong (left) speaking at the dialogue which was part of the Singapore Press Club’s Eminent Speaker Series. The session was moderated by Zakir Hussain (right), the associate editor of "The Straits Times" . https://www.businesstimes.com.sg/international/asean/indonesia-asks-police-probe-hundreds-firms-palm-prices The Business Times en 2026-06-08T19:21:39+08:00 Indonesia asks police to probe hundreds of firms on palm prices https://cassette.sphdigital.com.sg/image/businesstimes/f85563c117456c96e49c1bc214f75d6cc16ccc5d2f84ab4c6831462105fcd454 The Indonesian government announced late last month it would take control of some key commodity exports in a sweeping overhaul.  The Indonesian government announced late last month it would take control of some key commodity exports in a sweeping overhaul.  https://www.businesstimes.com.sg/international/universal-music-sounds-out-investors-one-billion-euro-bond-sale The Business Times en 2026-06-08T19:16:00+08:00 Universal Music sounds out investors for one billion euro bond sale https://cassette.sphdigital.com.sg/image/businesstimes/c7e92d2ade59482b81e9ecdc2d800fba2771655d86223bc01cdd19bbd4c25e60 Universal Music has a one euro billion bridge loan, which was arranged earlier in 2026, that matures in late July. Universal Music has a one euro billion bridge loan, which was arranged earlier in 2026, that matures in late July. https://www.businesstimes.com.sg/companies-markets/aem-top-glove-among-additions-iedge-singapore-next-50-indices-june-review The Business Times en 2026-06-08T19:05:26+08:00 AEM, Top Glove among additions to iEdge Singapore Next 50 Indices in June review https://cassette.sphdigital.com.sg/image/businesstimes/90d328bbbcc7ba5a5ad9525550ba33a6970b8837d261d6024a9053c11afb4e5a The iEdge Singapore Next 50 Indices saw movement in its June review. Four companies were added and four dropped from the iEdge Singapore Next 50 Indices in the June review. https://www.businesstimes.com.sg/international/daily-debrief-what-happened-today-jun-8 The Business Times en 2026-06-08T19:04:47+08:00 Daily Debrief: What Happened Today (Jun 8) https://cassette.sphdigital.com.sg/image/businesstimes/86d21e6d51ed3715f369a1d7630aba2ae83723c8fd34d8c6bef0ffffe0682da6 "To deepen capital flows, Singapore needs a more vibrant ecosystem around stored gold, including collateralised lending and gold-backed financing," says Priyanka Sachdeva of Phillip Nova. "To deepen capital flows, Singapore needs a more vibrant ecosystem around stored gold, including collateralised lending and gold-backed financing," says Priyanka Sachdeva of Phillip Nova. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/tencent-seeks-us4-billion-us-dollar-bond-and-offshore-yuan-bond-sale-sources The Business Times en 2026-06-08T18:44:52+08:00 Tencent seeks US$4 billion via US dollar bond and offshore yuan bond sale: sources https://cassette.sphdigital.com.sg/image/businesstimes/a14066b6dfd7d62178ef038120bba3752807746d85840b8f47493ef2b584e007 Tencent will sell 10 and 20-year notes for the US dollar bond and 10 and 30-year notes for the offshore yuan bond. Tencent will sell 10 and 20-year notes for the US dollar bond and 10 and 30-year notes for the offshore yuan bond. https://www.businesstimes.com.sg/companies-markets/singapore-stocks-retreat-following-ai-headwind-fears-sti-closes-lower The Business Times en 2026-06-08T18:42:29+08:00 Singapore stocks retreat following AI headwind fears; STI closes lower https://cassette.sphdigital.com.sg/image/businesstimes/39eb32a241e7a3b6350852c719903b5d01c4450e93c43ff44fb5e87e80cc18c1 Across the broader market, losers beat gainers 489 to 149, after 1.5 billion securities worth S$2.2 billion changed hands. Across the broader market, losers beat gainers 489 to 149, after 1.5 billion securities worth S$2.2 billion changed hands. https://www.businesstimes.com.sg/startups-tech/technology/unicorn-patent-intelligence-platform-patsnap-harnesses-genai-and-customer-needs-growth The Business Times en 2026-06-08T18:29:17+08:00 Unicorn patent intelligence platform PatSnap harnesses GenAI and customer needs for growth https://cassette.sphdigital.com.sg/image/businesstimes/88046e9bda7f455ef2b798461cceaf639c25caea8457c10df720a8059acd57e0 There was some anxiety over Gen AI when it came out, said Jeffrey Tiong, co-founder and CEO, Patsnap Jeffrey Tiong, co-founder and CEO of Patsnap, says there was some anxiety over GenAI when it came out. https://www.businesstimes.com.sg/companies-markets/transport-logistics/china-car-sales-downturn-extends-may-volkswagen-tests-ev-revamp The Business Times en 2026-06-08T17:57:01+08:00 China car sales downturn extends into May as Volkswagen tests EV revamp https://cassette.sphdigital.com.sg/image/businesstimes/d39bedac2a8c0f412ac594356cf9d53ff105d73163256d48a73679033f3bc00e BYD’s total vehicle sales rose for the first time in nine months in May. BYD’s total vehicle sales rose for the first time in nine months in May. https://www.businesstimes.com.sg/companies-markets/banking-finance/human-judgment-vital-even-ais-introduction-hsbc-ceo The Business Times en 2026-06-08T17:55:06+08:00 ‘Human judgment’ is vital even with AI’s introduction: HSBC CEO https://cassette.sphdigital.com.sg/image/businesstimes/03fb396cafe0db73cf55e083f3c6ead095381d2c9e8631b9b1149394f4d18d43 HSBC CEO Georges Elhedery's remarks come as many CEO comments in recent weeks have rattled staffers about the future of the industry. HSBC CEO Georges Elhedery's remarks come as many CEO comments in recent weeks have rattled staffers about the future of the industry. https://www.businesstimes.com.sg/international/ai-boom-upends-san-francisco-housing-market The Business Times en 2026-06-08T17:26:49+08:00 AI boom upends San Francisco housing market https://cassette.sphdigital.com.sg/image/businesstimes/c0d58aa40441a7c5453e9a1b5bf80cd8a6a02e0adebb2a262428a5eda206c608 San Francisco's Pacific Heights neighbourhood is among the most expensive in the country. San Francisco's Pacific Heights neighbourhood is among the most expensive in the country. https://www.businesstimes.com.sg/companies-markets/energy-commodities/eni-and-petronas-launch-gas-joint-venture-south-east-asia The Business Times en 2026-06-08T16:55:25+08:00 Eni and Petronas launch gas joint venture in South-east Asia https://cassette.sphdigital.com.sg/image/businesstimes/083534d1e5d3383a05820d8b53cbcfe327a4a668e8b6cb5890ae4ab1caa3678f The joint venture between Italy’s Eni and Malaysia’s Petronas plans to invest more than US$15 billion over the next five years to develop roughly three billion barrels of discovered reserves and explore a further 10 billion barrels. The joint venture between Eni and Petronas will hold a portfolio of 19 gas-producing and development assets, 14 in Indonesia and five in Malaysia. https://www.businesstimes.com.sg/companies-markets/banking-finance/italys-top-bank-intesa-launches-unsolicited-30-6-billion-euro-bid-rival-monte-dei-paschi The Business Times en 2026-06-08T16:53:36+08:00 Italy’s top bank Intesa launches unsolicited 30.6 billion euro bid for rival Monte dei Paschi https://cassette.sphdigital.com.sg/image/businesstimes/b0ae3967ae2f1c0926ca8a4301deb73b62bc94043905bd9d1539468821d57d67 The offer will comprise 635 Monte dei Paschi di Siena (MPS) branches and the MPS brand. The offer will comprise 635 Monte dei Paschi di Siena (MPS) branches and the MPS brand. https://www.businesstimes.com.sg/companies-markets/spacex-ipo-will-not-break-capital-markets-add-strains The Business Times en 2026-06-08T16:30:00+08:00 SpaceX IPO will not break capital markets but add to strains https://cassette.sphdigital.com.sg/image/businesstimes/3df228f2217a4c205c2be8d554527c17dabb45a1ec031188c8e51e984989a096 SpaceX (above), Anthropic and OpenAI's IPOs are expected to raise US$170 billion combined at valuations that may exceed US$4 trillion. SpaceX (above), Anthropic and OpenAI's IPOs are expected to raise US$170 billion combined at valuations that may exceed US$4 trillion. https://www.businesstimes.com.sg/international/uk-pm-starmer-set-ban-harmful-social-media-under-16s The Business Times en 2026-06-08T16:21:06+08:00 UK PM Starmer set to ban ‘harmful’ social media for under-16s https://cassette.sphdigital.com.sg/image/businesstimes/5fb06aa41ac7548d9848f581298cf3f7d879ef42af37015168d254ac8b55524f Worries over the impact of social media on mental health and online safety prompted Britain to hold a consultation on children’s access to social media earlier this year. Worries over the impact of social media on mental health and online safety prompted Britain to hold a consultation on children’s access to social media earlier this year. https://www.businesstimes.com.sg/opinion-features/what-strategic-autonomy-and-why-everyone-suddenly-reaching-it The Business Times en 2026-06-08T16:12:00+08:00 What is ‘strategic autonomy’ – and why is everyone suddenly reaching for it? https://cassette.sphdigital.com.sg/image/businesstimes/8ebdba39413e8c1fdf5ccf58a489468302ed3b48291e9746f5e4e09fdb870771 India's Minister of External Affairs Subrahmanyam Jaishankar at the Quad Foreign Ministers' Meeting in New Delhi in May. India is still part of this bloc with the US, Australia and Japan, but runs its own foreign policy when its interests do not align with Washington's. Indian Minister of External Affairs Subrahmanyam Jaishankar at the Quad Foreign Ministers' Meeting in New Delhi in May. India is still part of this bloc with the US, Australia and Japan, but runs its own foreign policy when its interests do not align with Washington's. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/europes-stoxx-600-hits-two-week-low-middle-east-escalation-ai-jitters The Business Times en 2026-06-08T16:05:32+08:00 Europe’s Stoxx 600 hits two-week low on Middle East escalation, AI jitters https://cassette.sphdigital.com.sg/image/businesstimes/d82e0c3caf8baa2c817b9560d50165e38c160a12ed7118439558d7b3e89dc50d The Stoxx 600 index fell 0.9 per cent to 616.04 points by 0812 GMT on Monday, with all major regional indexes also in the red. The Stoxx 600 index fell 0.9 per cent to 616.04 points by 0812 GMT on Monday, with all major regional indexes also in the red. https://www.businesstimes.com.sg/companies-markets/carlsberg-nears-filing-us700-million-india-ipo-sources The Business Times en 2026-06-08T15:47:24+08:00 Carlsberg nears filing for US$700 million India IPO: sources https://cassette.sphdigital.com.sg/image/businesstimes/ad248ad4319a643e5c1f3e6d3a6febc4a6886c5ae89295d11382997e9e2076cb Carlsberg India is the country’s second-largest brewer, with a market share of about 22 per cent, a company presentation revealed. Carlsberg India is the country’s second-largest brewer, with a market share of about 22 per cent, a company presentation revealed. https://www.businesstimes.com.sg/lifestyle/france-edge-out-spain-world-cup-glory-economists The Business Times en 2026-06-08T15:44:28+08:00 France to edge out Spain for World Cup glory: economists https://cassette.sphdigital.com.sg/image/businesstimes/5039484fdd38d735149501a4aca4ca8fda4ab41371851572ea20989fe7e52808 Off the pitch, organisers face a daunting logistical test as millions of fans prepare to descend on North America, with affordability already a flashpoint. Off the pitch, organisers face a daunting logistical test as millions of fans prepare to descend on North America, with affordability already a flashpoint. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/south-koreas-kospi-craters-over-8-fed-fears-spark-tech-rout The Business Times en 2026-06-08T15:38:38+08:00 South Korea’s Kospi craters over 8% as Fed fears spark tech rout https://cassette.sphdigital.com.sg/image/businesstimes/de3d6d6018a8058d534888a7b7480eb8aeaeeee78ce679dc03073d3bea9e073f FILE PHOTO: A currency dealer works as an electronic board displays the Korea Composite Stock Price Index (KOSPI) and the Korea Securities Dealers Automated Quotations (KOSDAQ), at the dealing room of a bank in Seoul, South Korea, May 15, 2026. REUTERS/Kim Hong-Ji/File Photo FILE PHOTO: A currency dealer works as an electronic board displays the Korea Composite Stock Price Index (KOSPI) and the Korea Securities Dealers Automated Quotations (KOSDAQ), at the dealing room of a bank in Seoul, South Korea, May 15, 2026. REUTERS/Kim Hong-Ji/File Photo https://www.businesstimes.com.sg/startups-tech/startups/temasek-backed-startup-physicsx-hits-us2-4-billion-valuation-provide-ai-manufacturing The Business Times en 2026-06-08T15:38:27+08:00 Temasek-backed startup PhysicsX hits US$2.4 billion valuation to provide AI for manufacturing https://cassette.sphdigital.com.sg/image/businesstimes/9233ac0eee587bea19814440138db99dca77ee1f0fd51214c13c717a37410195 PhysicsX CEO Jacomo Corbo said revenue will be “close to US$50 million” for the year and the company aims to more than double the figure in 2027. PhysicsX CEO Jacomo Corbo said that revenue will be “close to US$50 million” for the year and the company aims to more than double the figure in 2027. https://www.businesstimes.com.sg/international/global/iranian-crude-offered-china-discount-demand-softens The Business Times en 2026-06-08T15:25:57+08:00 Iranian crude offered to China at discount as demand softens https://cassette.sphdigital.com.sg/image/businesstimes/845313d85f021987046feac483eec8c46cfdfd5a69625e5bb9f84dbe1a62d6bc Close to 56 million barrels of Iran's crude are on vessels globally, with over 60% anchored in Singapore (above) and off China, data from Kpler shows. Close to 56 million barrels of Iran's crude are on vessels globally, with over 60% anchored in Singapore (above) and off China, data from Kpler shows. https://www.businesstimes.com.sg/international/uk-jobs-slump-deepens-starmer-woes-add-headwinds-rec-says The Business Times en 2026-06-08T15:18:51+08:00 UK jobs slump deepens as Starmer woes add to headwinds, REC says https://cassette.sphdigital.com.sg/image/businesstimes/fd04cee37f90409c3e3f5f60e9097001ae567e41d99d44b66e8d7ec729f49f8b Placements of permanent staff dropped the most in 10 months with firms citing low confidence and increased cost pressures, the poll found. Placements of permanent staff dropped the most in 10 months with firms citing low confidence and increased cost pressures, the poll found. https://www.businesstimes.com.sg/international/south-korea-names-first-female-pm-decades-lead-ai-push The Business Times en 2026-06-08T14:43:05+08:00 South Korea names first female PM in decades to lead AI push https://cassette.sphdigital.com.sg/image/businesstimes/cfba776373dee185cc3a25ad9a9e30afd99ed3e41e8dee04880a4c7833a1fe73 Han Seong Sook arrives at her temporary office to prepare for her parliamentary confirmation hearing, Seoul, South Korea, June 8, 2026. Han Seong-sook arrives at her temporary office to prepare for her parliamentary confirmation hearing on Jun 8. https://www.businesstimes.com.sg/international/asean/west-explores-new-frontiers-south-east-asia-looking-back-down-earth-space The Business Times en 2026-06-08T14:27:48+08:00 As the West explores new frontiers, South-east Asia is looking back down at Earth from space https://cassette.sphdigital.com.sg/image/businesstimes/7335f3602fbb8180f540dca3e640f2e6c2bbb0981b365a77f3b5cebb2c1f41c8 Launched in 2015, TeLEOS-1 is Singapore's first commercial earth observation satellite. Through such satellites, businesses have access to a large variety of earth observation data created at various resolutions and spectral bands. Through such satellites, businesses have access to a large variety of earth observation data created at various resolutions and spectral bands. https://www.businesstimes.com.sg/international/asean/indonesia-issues-technical-regulations-centralise-coal-palm-oil-ferroalloy-exports The Business Times en 2026-06-08T14:25:24+08:00 Indonesia issues technical regulations to centralise coal, palm oil, ferroalloy exports https://cassette.sphdigital.com.sg/image/businesstimes/213fe19fbe73bef54e7b7146e1e30f995b82533608a4adbfd5ac562f285175fb Palm oil export permits are granted based on compliance with the domestic market obligation. Palm oil export permits are granted based on compliance with the domestic market obligation. https://www.businesstimes.com.sg/international/global/imf-chief-warns-world-isnt-ready-shocks-are-piling The Business Times en 2026-06-08T14:05:15+08:00 IMF chief warns world isn’t ready for shocks that are piling up https://cassette.sphdigital.com.sg/image/businesstimes/442d9adfdb4940eae437a5303689eaeb8a54b2883072728b12cb8fae258ffeaf Kristalina Georgieva has been through the Covid-19 pandemic, the war in Ukraine, the tariffs turmoil and now the conflict in the Middle East Kristalina Georgieva has been through the Covid-19 pandemic, the war in Ukraine, the tariffs turmoil and now the conflict in the Middle East. https://www.businesstimes.com.sg/companies-markets/energy-commodities/singapore-well-placed-be-aseans-gold-trading-hub-regional-duties-rise-analysts The Business Times en 2026-06-08T14:00:00+08:00 Singapore well-placed to be Asean’s gold-trading hub as regional duties rise: analysts https://cassette.sphdigital.com.sg/image/businesstimes/77a194947c6f88e10b453d85b795f417d4f2fc7f6691efc805a7aabf43317959 Experts say that implementing faster, cheaper and more technologically advanced settlement systems could give Singapore and Hong Kong a leg-up. "To deepen capital flows, Singapore needs a more vibrant ecosystem around stored gold, including collateralised lending and gold-backed financing," says Priyanka Sachdeva of Phillip Nova. https://www.businesstimes.com.sg/companies-markets/transport-logistics/hormuz-strait-will-be-open-transit-fees-iran-envoy-moscow-quoted The Business Times en 2026-06-08T13:28:05+08:00 Hormuz strait will be open but with transit fees, Iran envoy to Moscow quoted https://cassette.sphdigital.com.sg/image/businesstimes/e138338567d87943e3620482ed358b246ded5e51693dd8c42234def90e038514 The US-Israeli war on Iran has largely cut oil flows via the strait, which before the conflict saw one-fifth of the world’s oil pass through. The US-Israeli war on Iran has largely cut oil flows via the strait, which before the conflict saw one-fifth of the world’s oil pass through. https://www.businesstimes.com.sg/singapore/more-retrenched-white-collar-workers-singapore-seeking-unions-help The Business Times en 2026-06-08T13:10:54+08:00 More retrenched white-collar workers in Singapore seeking unions’ help https://cassette.sphdigital.com.sg/image/businesstimes/7728eeac32ef348e8ebf53f45f8f53f291c0ddf4fa1fb8a4c6600f3961d0b431 In 2025, the NTUC handled over 3,900 retrenchment and termination-related cases for professionals, managers and executives (PMEs), five per cent more than in 2024. In 2025, the NTUC handled over 3,900 retrenchment and termination-related cases for professionals, managers and executives (PMEs), five per cent more than in 2024. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/how-few-ai-chip-giants-warped-asias-stock-picking-game The Business Times en 2026-06-08T13:00:14+08:00 How a few AI chip giants warped Asia’s stock picking game https://cassette.sphdigital.com.sg/image/businesstimes/0ac35eed3b0755bafde0a142971c19bc99241955681b3130123fc1b6592168cb According to HSBC, TSMC is the biggest portfolio underweight among Asian and global emerging-market funds. According to HSBC, TSMC is the biggest portfolio underweight among Asian and global emerging-market funds. https://www.businesstimes.com.sg/international/global/chinas-global-e-commerce-push-stalls-iran-war-lifts-costs-dampens-demand The Business Times en 2026-06-08T12:56:20+08:00 China’s global e-commerce push stalls as Iran war lifts costs, dampens demand https://cassette.sphdigital.com.sg/image/businesstimes/1b980be89e0db9536a6e2ff62070db717da6245bc4acddb622e42260c94aaf85 Soaring logistics costs stemming from the Middle East conflict are adding to the strain, data shows and industry insiders say. Soaring logistics costs stemming from the Middle East conflict are adding to the strain, data shows and industry insiders say. https://www.businesstimes.com.sg/international/masan-wins-record-us750-million-offshore-loan-facility-lenders-re-rate-credit-risk The Business Times en 2026-06-08T12:53:14+08:00 Masan wins record US$750 million offshore loan facility as lenders re-rate credit risk https://cassette.sphdigital.com.sg/image/businesstimes/c8ceaa7820984d725bed930f22dd3ddfa3f039f374096234e64482f685261c8b Masan's consumer goods arm Masan Consumer officially listed and began trading its shares on the Ho Chi Minh Stock Exchange (HOSE) on Dec 25, 2025. Unlike Masan’s US$650 million offshore borrowing in 2023, the new facility marks a transition to senior unsecured funding. https://www.businesstimes.com.sg/companies-markets/ocbc-offer-physical-gold-trading-services-institutional-bos-private-banking-clients-jun-10 The Business Times en 2026-06-08T12:23:29+08:00 OCBC to offer physical gold trading services for institutional, BOS private banking clients from Jun 10 https://cassette.sphdigital.com.sg/image/businesstimes/736dc4abf153e14b6e1c86400da28e0e2fbe5bfec8037ea8a150b55583bedd50 The physical gold offering forms part of the bank’s broader push to strengthen its group-wide gold proposition under its Next Frontier corporate strategy, which seeks to deepen its whole-of-wealth offering across banking, wealth management and insurance. The move comes as OCBC strengthens its precious metals offerings amid rising global demand for physical gold. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/indonesias-foreign-reserves-suffer-longest-decline-2018 The Business Times en 2026-06-08T12:15:44+08:00 Indonesia’s foreign reserves suffer longest decline since 2018 https://cassette.sphdigital.com.sg/image/businesstimes/29a5535d5df5c470eb59474412bebccc4d84739177fc1e4094fac73a344f4165 The drawdown comes as the central bank intensified intervention in currency and bond markets to support the rupiah, which has weakened about 8 per cent this year. The drawdown comes as the central bank intensified intervention in currency and bond markets to support the rupiah, which has weakened about 8% this year. https://www.businesstimes.com.sg/opinion-features/why-venture-capital-unlocks-access-next-generation-market-leaders The Business Times en 2026-06-08T12:00:00+08:00 Why venture capital unlocks access to next-generation market leaders https://cassette.sphdigital.com.sg/image/businesstimes/292180ad165e735756827088b5646b228c0ed6d97c670d2c23c9e94332d22e15 The venture ecosystem evolved materially over time, with larger platforms emerging. The venture ecosystem has evolved materially over time, with larger platforms emerging. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/sell-tech-stocks-buying-opportunity-nvidia-ceo-says The Business Times en 2026-06-08T11:42:09+08:00 Sell-off in tech stocks is a buying opportunity, Nvidia CEO says https://cassette.sphdigital.com.sg/image/businesstimes/a95aeac249719efdf67adeefd1914399a566b97eb8a8646544794040843fc4eb Nvidia CEO Jensen Huang said the industry was still in the early stages of constructing infrastructure that will serve as the foundation of an AI-fuelled future. Nvidia CEO Jensen Huang said the industry was still in the early stages of constructing infrastructure that will serve as the foundation of an AI-fuelled future. https://www.businesstimes.com.sg/lifestyle/nasa-wear-prada-luxury-group-pushes-space-industry The Business Times en 2026-06-08T11:39:14+08:00 Nasa to wear Prada as luxury group pushes into space industry https://cassette.sphdigital.com.sg/image/businesstimes/717d5ebb391aba2be5f6c6ce997ea4b7f0253b40e76a06f6c787d0a35f4074e2 The body-hugging suit features ventilation tubes knitted into the garment. The body-hugging suit features ventilation tubes knitted into the garment. https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-jumps-iran-and-israel-exchange-fire-ceasefire-risk The Business Times en 2026-06-08T11:36:51+08:00 Oil jumps as Iran and Israel exchange fire with ceasefire at risk https://cassette.sphdigital.com.sg/image/businesstimes/199e7fb459ec199c5a736ef714cf739ba68bfd7f16169e9ced5d1e28c08e94b2 An Iranian missile over Israel on Jun 7, as seen from Hebron in the Israeli-occupied West Bank. An Iranian missile over Israel on Jun 7, as seen from Hebron in the Israeli-occupied West Bank. https://www.businesstimes.com.sg/companies-markets/uob-appoints-new-ceos-china-and-hong-kong-offices The Business Times en 2026-06-08T11:09:39+08:00 UOB appoints new CEOs for China and Hong Kong offices https://cassette.sphdigital.com.sg/image/businesstimes/fa0f73bfafd98766f1cf3c001583c3e3b4fbe09e1a335325bab2c9ee78d742d7 Effective Jul 1, Adaline Zheng (left) will become CEO of UOB China, and George Tung will succeed Zheng as the CEO of the UOB Hong Kong branch. Effective Jul 1, Adaline Zheng (left) will become CEO of UOB China. George Tung will succeed Zheng as the CEO of UOB Hong Kong. https://www.businesstimes.com.sg/international/global/spacexs-us1-75-trillion-ipo-how-retail-investors-including-those-singapore-can-buy-shares The Business Times en 2026-06-08T10:57:48+08:00 SpaceX’s US$1.75 trillion IPO: How retail investors, including those in Singapore, can buy shares https://cassette.sphdigital.com.sg/image/businesstimes/f1c6abb7a5bac2b75f4e0b6610e0f3b7d90e8a5cd318c2cba8aee0d435915414 Trading under the symbol SPCX, SpaceX has picked a handful of brokerage firms to distribute shares in the IPO to retail customers in the US. Trading under the symbol SPCX, SpaceX has picked a handful of brokerage firms to distribute shares in the IPO to retail customers in the US. https://www.businesstimes.com.sg/international/japans-growth-holds-despite-drop-business-investment The Business Times en 2026-06-08T10:37:33+08:00 Japan’s growth holds up despite drop in business investment https://cassette.sphdigital.com.sg/image/businesstimes/8acbf0c9da28bf3b3e22bede3b0841625763e679dc3afdd699b79ec4cf761a7c Real gross domestic product expanded at an annualised pace of 1.8% in the first quarter, down from an initial reading of 2.1%. Real gross domestic product expanded at an annualised pace of 1.8% in the first quarter, down from an initial reading of 2.1%. https://www.businesstimes.com.sg/opinion-features/think-twice-about-rebuilding-old-landed-property-super-big-house-max-out-gfa The Business Times en 2026-06-08T10:24:53+08:00 Think twice about rebuilding that old landed property into a super-big house to max out GFA https://cassette.sphdigital.com.sg/image/businesstimes/c0f95f477925a632120ff12324464d5b98f4a01e1e6260ccaac92086b764102e As household size is hardly growing, is there a need to build super-large landed homes? As household size is hardly growing, is there a need to build super-large landed homes? https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-extends-losses-us-interest-rate-hike-fears The Business Times en 2026-06-08T10:11:57+08:00 Gold extends losses on US interest rate-hike fears https://cassette.sphdigital.com.sg/image/businesstimes/27275315779eb0708ec3db90553f44649d062674e3de9dfedc9607d3bd7e2aac Gold demand was subdued in India last week as buyers stayed on the sidelines due to volatile overseas prices, while premiums in China eased slightly. Gold demand was subdued in India last week as buyers stayed on the sidelines due to volatile overseas prices, while premiums in China eased slightly. https://www.businesstimes.com.sg/paid-press-release/synology-showcases-next-gen-diskstation-manager-and-data-management-lineup-at-computex The Business Times en 2026-06-08T10:00:00+08:00 Synology showcases next-gen DiskStation Manager and data management lineup at COMPUTEX https://cassette.sphdigital.com.sg/image/businesstimes/92292dcae0f02073e4f091e1e9604c145ebba954f13f419d9e7307fdf25cddd5 Synology unveils latest innovations at COMPUTEX 2026 . Synology unveils latest innovations at COMPUTEX 2026 . https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/tech-rout-sweeps-asia-ai-rally-jitters-spark-sell The Business Times en 2026-06-08T09:49:28+08:00 Tech rout sweeps Asia as AI rally jitters spark sell-off https://cassette.sphdigital.com.sg/image/businesstimes/4f2734f109843c43748b99d4d19d8bbd68dd176b4a002581cc376cf7fd641555 tech stocks Fears of the AI rally overheating have led to tech stocks taking a hit globally. https://www.businesstimes.com.sg/singapore/singapore-households-net-wealth-also-taking-more-debt-such-home-loans The Business Times en 2026-06-08T09:49:04+08:00 Singapore households’ net wealth up, but also taking on more debt such as home loans https://cassette.sphdigital.com.sg/image/businesstimes/896f181f5b63883250bbd30ee42ef6bfc8283b70bc9240b5e9a78c3f26cef67c singapore households Household liabilities are growing faster than household assets, a shift that emerged in the fourth quarter of 2025 and continued through the first quarter of 2026. https://www.businesstimes.com.sg/international/mainland-chinese-savers-flock-hong-kong-regulators-tighten-capital-controls The Business Times en 2026-06-08T09:39:44+08:00 Mainland Chinese savers flock to Hong Kong as regulators tighten capital controls https://cassette.sphdigital.com.sg/image/businesstimes/2427aba4195c67c4e5a2949128fa3be153bf6118c5827512b8870ec22cbfdba0 The latest crackdown has clouded the prospects of mainland investors’ pursuit of investments in Hong Kong, their most favoured offshore market. The latest crackdown has clouded the prospects of mainland investors’ pursuit of investments in Hong Kong, their most favoured offshore market. https://www.businesstimes.com.sg/international/asean/cambodia-scam-centres-increase-despite-crackdown-report The Business Times en 2026-06-08T09:32:35+08:00 Cambodia scam centres increase despite crackdown: report https://cassette.sphdigital.com.sg/image/businesstimes/a0df2ee61b5bf53bab89f742b13a15ab9aaa0c0b10ae3e2c81067e2a33be5123 Computers and workstations seized by police during an online scam crackdown at a hotel in Phnom Penh, Cambodia on Mar 11. Computers and workstations seized by police during an online scam crackdown at a hotel in Phnom Penh, Cambodia on Mar 11. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/nvidia-clinches-deals-south-korean-giants-including-sk-group-advance-ai-boom The Business Times en 2026-06-08T08:48:25+08:00 Nvidia clinches deals with South Korean giants including SK Group to advance AI boom https://cassette.sphdigital.com.sg/image/businesstimes/1c2c1f5a4f9f0ae695e452a101cf667c843342362a9d2bff70cbf22a668a7918 Nvidia CEO Jensen Huang shakes hands with SK Chairman Chey Tae-won on Monday (Jun 8) after a media briefing at SK Group's headquarters in Seoul. SK Group chairman Chey Tae-won (left) with Nvidia CEO Jensen Huang on Monday after a media briefing in Seoul. https://www.businesstimes.com.sg/companies-markets/stocks-watch-singtel-sia-engineering-ums-samudera-shipping-lum-chang-creations The Business Times en 2026-06-08T08:37:52+08:00 Stocks to watch: Singtel, SIA Engineering, UMS, Samudera Shipping, Lum Chang Creations https://cassette.sphdigital.com.sg/image/businesstimes/aac5066e4ba99853600ceb3a88b2ca409f4f265640dfc4f4402bd617be1a2c09 Singtel announced on Friday that it will partner Digital Industry Singapore (DISG) to strengthen its capabilities in artificial intelligence (AI)-enabled operations. Singtel will partner Digital Industry Singapore to strengthen its capabilities in AI-enabled operations. https://www.businesstimes.com.sg/companies-markets/lum-chang-creations-says-still-evaluating-mainboard-transfer-due-market-volatility The Business Times en 2026-06-08T08:14:57+08:00 Lum Chang Creations says still evaluating mainboard transfer due to ‘market volatility’ https://cassette.sphdigital.com.sg/image/businesstimes/4c7a0933c6c1bc1f0d70e67a6b428e329e1b54850f6e34a4a8fff88b24b4f00b Shareholders gave the green light for the proposed transfer and a proposed one-for-one bonus issue at an extraordinary general meeting held on May 25. Shareholders gave the green light for the proposed transfer and a proposed one-for-one bonus issue at an extraordinary general meeting held on May 25. https://www.businesstimes.com.sg/international/asean/market-rout-puts-pressure-indonesia-deliver-concrete-steps The Business Times en 2026-06-08T08:09:18+08:00 Market rout puts pressure on Indonesia to deliver concrete steps https://cassette.sphdigital.com.sg/image/businesstimes/c2b2a2c330e65c0e9a0860212da4aea09a31613269e7677dc4a8c0c5c5b2c19f Global investors are increasingly losing confidence in Indonesia on President Prabowo Subianto’s more populist and interventionist agenda. Global investors are increasingly losing confidence in Indonesia on President Prabowo Subianto’ https://www.businesstimes.com.sg/international/asean/earthquake-magnitude-7-8-strikes-southern-philippines-32-feared-dead The Business Times en 2026-06-08T08:08:21+08:00 Earthquake of magnitude 7.8 strikes off southern Philippines, 32 feared dead https://cassette.sphdigital.com.sg/image/businesstimes/f01a8f8d310244d13a5aeb468e8567632cef90bbef8bfc41d69e53eae1dc57a5 Fatalities are still being verified as authorities assess the extent of the damage on the ground in General Santos near the epicentre. Fatalities are still being verified as authorities assess the extent of the damage on the ground in General Santos near the epicentre. https://www.businesstimes.com.sg/international/ai-linked-layoffs-us-spark-new-wave-one-person-start-ups The Business Times en 2026-06-08T07:22:36+08:00 AI-linked layoffs in US spark new wave of one-person start-ups https://cassette.sphdigital.com.sg/image/businesstimes/d577c069899a25b01adc5b4f7619f5a6b0e8b41630322477a536a18f152897b8 Qu Xiaoyin represents a new kind of entrepreneur emerging across Silicon Valley even as heavy tech layoffs dominate the news. Qu Xiaoyin represents a new kind of entrepreneur emerging across Silicon Valley even as heavy tech layoffs dominate the news. https://www.businesstimes.com.sg/companies-markets/transport-logistics/airlines-see-gains-wearing-persian-gulf-rivals-absence The Business Times en 2026-06-08T07:06:18+08:00 Airlines see gains wearing off from Persian Gulf rivals’ absence https://cassette.sphdigital.com.sg/image/businesstimes/88b27e4b33f229dd8044bc302de7e2a93fa3f9764210537301fe44c9ce4dbf76 British Airways, which is part of IAG, as well as Deutsche Lufthansa and Air France-KLM, have pushed more business onto routes to Asia and parts of Africa. British Airways, which is part of IAG, as well as Deutsche Lufthansa and Air France-KLM, have pushed more business onto routes to Asia and parts of Africa. https://www.businesstimes.com.sg/international/singamas-and-other-alleged-container-cartel-members-could-face-lawsuits-customers The Business Times en 2026-06-08T07:00:00+08:00 Singamas and other alleged container cartel members could face lawsuits from customers https://cassette.sphdigital.com.sg/image/businesstimes/99fe0a4b652dcf813a1ca3bc3e86bbefbf74c9ddcd063e81381294220c832090 Several US law firms have called out to buyers who purchased from Singamas Container, China International Marine Containers (CIMC), Shanghai Universal Logistics Equipment and CXIC Group Containers that they may have potential civil claims against these makers. Singamas Container, China International Marine Containers, Shanghai Universal Logistics Equipment and CXIC Group Containers are the companies that have been accused. https://www.businesstimes.com.sg/opinion-features/have-we-become-too-optimistic-about-stocks The Business Times en 2026-06-08T07:00:00+08:00 Have we become too optimistic about stocks? https://cassette.sphdigital.com.sg/image/businesstimes/c01b1412c1906a6d128ef849be4b4713657318ce1bd65693b809e5a2a001be88 stock market investor Warren Buffett Warren Buffett's success has convinced a generation of investors that long-term ownership of high-quality companies is a reliable path to fabulous wealth. https://www.businesstimes.com.sg/opinion-features/new-currency-markets-narrative-sgx-companies-must-learn-master-it The Business Times en 2026-06-08T07:00:00+08:00 The new currency of markets is narrative; SGX companies must learn to master it https://cassette.sphdigital.com.sg/image/businesstimes/663fb47215d9cba8966fbe4a43e94a2eaaf5e7921408401fabcebc72782c681e Singapore’s next generation of listed companies has the potential to reshape perceptions of the local equity market. Singapore’s next generation of listed companies has the potential to reshape perceptions of the local equity market. https://www.businesstimes.com.sg/wealth/private-banks-turn-health-wellness-and-education-offerings-stand-out-wealth-management The Business Times en 2026-06-08T07:00:00+08:00 Private banks turn to health, wellness and education offerings to stand out in wealth management https://cassette.sphdigital.com.sg/image/businesstimes/944a35d65c2c9005fe938943407f7e8f0e82bc7e5cba6cdefd7aeac60399624f Healthcare access, concierge services and even education advisory are among the offerings that private banks have rolled out. Healthcare access, concierge services and even education advisory are among the offerings that private banks have rolled out. https://www.businesstimes.com.sg/international/asean/vietnams-electronics-retail-king-dmx-aims-repeat-its-feat-indonesia-half-time The Business Times en 2026-06-08T07:00:00+08:00 Vietnam’s electronics retail king DMX aims to repeat its feat in Indonesia ‘in half the time’ https://cassette.sphdigital.com.sg/image/businesstimes/c498d40c56ba7aa93041a5995f124895aab368bf3d25d0a0898c9addee24b1e0 DMX CEO Doan Van Hieu Em sees EraBlue as a key pillar of its next growth cycle. DMX CEO Doan Van Hieu Em sees EraBlue as a key pillar of its next growth cycle. https://www.businesstimes.com.sg/international/surge-demand-fuelled-container-price-jump-says-data-provider-linerlytica The Business Times en 2026-06-08T07:00:00+08:00 Surge in demand fuelled container price jump, says data provider Linerlytica https://cassette.sphdigital.com.sg/image/businesstimes/2079f58d9de0c9438873fdec261743e1e5237f4a8eb356b1f338eae5f67b1701 Linerlytica analysed that container output rose to meet demand. Linerlytica's analysis found that container output — and their prices— rose in 2021 to meet demand. https://www.businesstimes.com.sg/companies-markets/dbs-research-and-uobkh-eye-singtel-venture-top-picks-june The Business Times en 2026-06-08T07:00:00+08:00 DBS Research and UOBKH eye Singtel, Venture as top picks for June https://cassette.sphdigital.com.sg/image/businesstimes/835e5bfcf67dab606b44255527df5f88ada60c5add96626a537934472ee5697f DBS added telecom giant Singtel to its Blue Chip selection category on Wednesday. UOBKH's Alpha Picks portfolio outpaces the STI in May, returning 3.3% on a price-weighted basis, compared to the index's 2.5% gain. https://www.businesstimes.com.sg/international/business-times-checks-hotels-around-world-latest-partnerships The Business Times en 2026-06-08T07:00:00+08:00 The Business Times checks into hotels around the world with latest partnerships https://cassette.sphdigital.com.sg/image/businesstimes/56329555fbfdc5b43e622292bea7a3ba44ed12acac996ff63f02833137862b4b The Business Times has been available at Pan Pacific Hotels Group properties since March. Travellers can access BT's insights across more than 200 properties around the world thanks to strategic partnerships with five Singaporean hospitality groups. The Business Times has been available at Pan Pacific Hotels Group properties since March. https://www.businesstimes.com.sg/international/baltic-exchange-shipping-insights72 The Business Times en 2026-06-08T07:00:00+08:00 Baltic Exchange Shipping Insights https://cassette.sphdigital.com.sg/image/businesstimes/a9ed766d5b60042ef15b7f6badb859fb7411e8c253dffb47dca9c55513b29515 The knock-on effects of the Middle East Gulf situation have caused rates on all major container trade lanes to rocket.  The knock-on effects of the Middle East Gulf situation have caused rates on all major container trade lanes to rocket.  https://www.businesstimes.com.sg/companies-markets/nasdaq-100-advances-uncharted-territory The Business Times en 2026-06-08T07:00:00+08:00 Nasdaq-100 advances into uncharted territory https://cassette.sphdigital.com.sg/image/businesstimes/019db131327b6cfef5cef66d35b54d89a1fc7342b82a473e9d1b8495466e16bf From a momentum perspective, the Nasdaq-100 remains firmly bullish. However, technical indicators suggest that the pace of the advance may be slowing. From a momentum perspective, the Nasdaq-100 remains firmly bullish. However, technical indicators suggest that the pace of the advance may be slowing. https://www.businesstimes.com.sg/companies-markets/energy-commodities/opec-boost-oil-production-us-iran-ceasefire-remains-elusive The Business Times en 2026-06-08T06:43:55+08:00 Opec+ to boost oil production as US-Iran ceasefire remains elusive https://cassette.sphdigital.com.sg/image/businesstimes/abd9c0e50153599420c36893806b789f1c6d0db5fa7a4326717626e7b5f19ecf Ships transiting Hormuz had ferried about one-fifth of the world’s energy supply before the war. Ships transiting Hormuz had ferried about one-fifth of the world’s energy supply before the war. https://www.businesstimes.com.sg/property/2520-bto-flats-waits-around-three-years-go-sale-june The Business Times en 2026-06-08T06:34:18+08:00 2,520 BTO flats with waits of around three years to go on sale in June https://cassette.sphdigital.com.sg/image/businesstimes/b3c96b272ca3e5a63a2c017f1bb7b329fba0dff3820b6a10dfb2b674fc70b76e Sembawang Portico, a project in the Sembawang North neighbourhood, will have a wait time of two years and seven months. Sembawang Portico, a project in the Sembawang North neighbourhood, will have a wait time of two years and seven months. https://www.businesstimes.com.sg/companies-markets/banking-finance/banks-lay-groundwork-mass-workforce-cuts-ai-takes-hold The Business Times en 2026-06-08T06:00:00+08:00 Banks lay groundwork for mass workforce cuts as AI takes hold https://cassette.sphdigital.com.sg/image/businesstimes/7a6f5a4d2194549c008f2e059cd15003036f0629ae78d0c336e404bc063cf722 Even for those in higher levels, the risk that artificial intelligence could eventually replace their roles has grown.  Even for those in higher levels, the risk that artificial intelligence could eventually replace their roles has grown. https://www.businesstimes.com.sg/lifestyle/was-churchill-serious-artist-exhibition-says-yes The Business Times en 2026-06-08T06:00:00+08:00 Was Churchill a serious artist? This exhibition says ‘yes’ https://cassette.sphdigital.com.sg/image/businesstimes/b22fe412a22c2d1cfd517f50530d927bd1d7af2725bcf2f4d3d97d5c611b14d0 A statue of former British Prime Minister Winston Churchill in Parliament Square, London. The statesman produced more than 500 canvases before ultimately putting his paint brush down in 1962. A statue of former British Prime Minister Winston Churchill in Parliament Square, London. The statesman produced more than 500 canvases before ultimately putting his paint brush down in 1962. https://www.businesstimes.com.sg/international/global/iran-and-israel-trade-missile-attacks-straining-peace-talks1 The Business Times en 2026-06-08T05:53:18+08:00 Iran and Israel trade missile attacks, straining peace talks https://cassette.sphdigital.com.sg/image/businesstimes/2abfe09be8ae2f3ccb149cfc4c2706245c88445a158725f9c09191269ae71e30 Smoke from an explosion in the sky in Jerusalem on Jun 8 after Israel's Iron Dome anti-missile system intercepted an Iranian missile. Smoke from an explosion in the sky in Jerusalem on June 8 after Israel's Iron Dome anti-missile system intercepted an Iranian missile. https://www.businesstimes.com.sg/podcasts/credit-score-myths-debunked-what-banks-really-look The Business Times en 2026-06-08T05:00:00+08:00 Credit score myths debunked: what banks really look for https://cassette.sphdigital.com.sg/image/businesstimes/6b4d36567245afc34fdeecaaeb785e6e7280e979911a65bc1021cc61952bebc1 From left: Ayush Goyal of MoneyHero Group; Wong Sok Quan of Credit Bureau Singapore and Howie Lim, correspondent, The Business Times. From left: Ayush Goyal of MoneyHero Group; Wong Sok Quan of Credit Bureau Singapore and Howie Lim, correspondent, The Business Times. https://www.businesstimes.com.sg/companies-markets/banking-finance/trump-says-fed-rate-increase-would-be-wrong-again-calls-cut The Business Times en 2026-06-07T23:34:44+08:00 Trump says Fed rate increase would be wrong, again calls for cut https://cassette.sphdigital.com.sg/image/businesstimes/644e96feb3170924d9dbe7cc3fc16646a50d817821a43b5edc0e103b3f7c55ff President Donald Trump says: "Nowadays when you have good reports, the market goes down because they think they’re going to raise interest rates.” President Donald Trump says: "Nowadays when you have good reports, the market goes down because they think they’re going to raise interest rates.” https://www.businesstimes.com.sg/companies-markets/samudera-shipping-chartered-vessel-sinks-en-route-singapore-pasir-gudang The Business Times en 2026-06-07T23:19:16+08:00 Samudera Shipping-chartered vessel sinks en route from Singapore to Pasir Gudang https://cassette.sphdigital.com.sg/image/businesstimes/cf754b0cace7ac926a88ec91a7068aa23610b26379af3f31e08836f894f3a5a0 A container vessel charatered by Samudera Shipping sank late last Friday. A container vessel chartered by Samudera Shipping sank late last Friday. https://www.businesstimes.com.sg/property/11-new-condo-projects-3550-units-lined-h2-launch-price-ceilings-emerge The Business Times en 2026-06-07T19:47:33+08:00 Up to 11 new condo projects with 3,550 units lined up for H2 launch as price ceilings emerge https://cassette.sphdigital.com.sg/image/businesstimes/077791fa4585ead850f8a41f74dd259606a39c20dd018a71800ee5f2fa5c5211 Singapore property Four projects housing 1,679 units will likely test buyer appetite in July. https://www.businesstimes.com.sg/companies-markets/south-korea-unveils-measures-stem-won-slide-curb-speculation The Business Times en 2026-06-07T18:35:30+08:00 South Korea unveils measures to stem won slide, curb speculation https://cassette.sphdigital.com.sg/image/businesstimes/ae0516f30cc11ed8f6ce5f3d8e7fc6f82fc2dc674426d6bcf732551d75df9128 A sign showing the exchange rates of the won against other currencies. The South Korean currency has fallen more than 7.5% this year. A sign showing the exchange rates of the won against other currencies. The South Korean currency has fallen more than 7.5% this year. https://www.businesstimes.com.sg/property/albanian-island-centre-anger-over-kushners-resort-plans The Business Times en 2026-06-07T17:39:20+08:00 The Albanian island at the centre of anger over Kushner’s resort plans https://cassette.sphdigital.com.sg/image/businesstimes/48ed8d5ab40760d844534c654f4146f3a9957298bb96ea0d4953868ab86be018 The area planned for the coastal resort project with its coastal caves, coral and rocky reefs is home to around 70 species of endangered wildlife, including Mediterranean monk seals and sea turtles. The area planned for the coastal resort project with its coastal caves, coral and rocky reefs is home to around 70 species of endangered wildlife, including Mediterranean monk seals and sea turtles. https://www.businesstimes.com.sg/international/china-builds-economic-fortress-global-tensions-rise The Business Times en 2026-06-07T17:28:06+08:00 China builds an economic fortress as global tensions rise https://cassette.sphdigital.com.sg/image/businesstimes/318ed5a9c2efa94f898909b64044930ffb2a39d7a1adffb6044c40b8d400f365 Humanoid robot Bumi by Noetix Robotics at a demonstration in Beijing. Last week, China’s Cabinet announced new rules requiring national security screening for companies seeking to invest overseas. Humanoid robot Bumi by Noetix Robotics at a demonstration in Beijing. Last week, China’s Cabinet announced new rules requiring national security screening for companies seeking to invest overseas. https://www.businesstimes.com.sg/companies-markets/sia-engineering-frances-safran-us118-million-jv-aircraft-engine-maintenance-singapore The Business Times en 2026-06-07T17:26:20+08:00 SIA Engineering, France’s Safran in US$118 million JV for aircraft engine maintenance in Singapore https://cassette.sphdigital.com.sg/image/businesstimes/eeb3a2036240334cad51e49b966c7f780589f7f07a827fe903bd772cc4a7ea8b SIA Engineering has formed a US$118 million joint venture with French aerospace giant Safran Aircraft Engines to strengthen Singapore's aerospace servicing capabilities. SIA Engineering has formed a joint venture with French aerospace giant Safran Aircraft Engines to strengthen Singapore's aerospace servicing capabilities. https://www.businesstimes.com.sg/companies-markets/transport-logistics/british-airways-says-fare-increases-more-likely-after-main-summer-season The Business Times en 2026-06-07T17:04:16+08:00 British Airways says fare increases more likely after main summer season https://cassette.sphdigital.com.sg/image/businesstimes/0b7c7af1b253ddcbf3c387c8f4d02c70c561341b179bad33cbfc91c61533bb6a IAG, which owns British Airways, plans to offset 60% of fuel costs through revenue and savings. IAG, which owns British Airways, plans to offset 60% of fuel costs through revenue and savings. https://www.businesstimes.com.sg/companies-markets/new-s10-million-hq-jumbo-group-looks-shanghai-focused-china-strategy-premium-dining-growth The Business Times en 2026-06-07T16:00:00+08:00 With new S$10 million HQ, Jumbo Group looks to Shanghai-focused China strategy, premium dining for growth https://cassette.sphdigital.com.sg/image/businesstimes/86ed798c22f244dd2429cb58e47ce7c061bbf222f40246cc236d8b2066922235 Ang Kiam Meng, group CEO and executive chairman of Jumbo Group. Following a strategic review in 2025, Jumbo will focus on deepening its footprint in Shanghai, China. Ang Kiam Meng, group CEO and executive chairman of Jumbo Group, says the move to a bigger headquarters is necessary to future-proof the business. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/openai-plans-chatgpt-superapp-overhaul-ahead-listing-reports-ft The Business Times en 2026-06-07T15:19:13+08:00 OpenAI plans ChatGPT ‘superapp’ overhaul ahead of listing, reports FT https://cassette.sphdigital.com.sg/image/businesstimes/bd344d8dee54b300a130560ca1799d7e6f80476366b49ad7008cea3c2a283605 To drive uptake, OpenAI is redesigning ChatGPT’s interface with new prompts and features steering users toward coding tools, image generation and partner services. To drive uptake, OpenAI is redesigning ChatGPT’s interface with new prompts and features steering users toward coding tools, image generation and partner services. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/worlds-hottest-market-south-korea-has-bulls-reaching-protection The Business Times en 2026-06-07T14:59:53+08:00 World’s hottest market South Korea has bulls reaching for protection https://cassette.sphdigital.com.sg/image/businesstimes/701d423b13f2e8e9d7b86dee8941981ac6b05571e4ae95463e0ee2ade1eec1dd Chip giants Samsung Electronics and SK Hynix have powered the Kospi’s more than 90 per cent rise in 2026. Chip giants Samsung Electronics and SK Hynix have powered the Kospi’s more than 90 per cent rise in 2026. https://www.businesstimes.com.sg/international/asean/indonesias-crisis-confidence-markets-decode-prabowo The Business Times en 2026-06-07T14:21:00+08:00 Indonesia’s crisis of confidence as markets decode Prabowo https://cassette.sphdigital.com.sg/image/businesstimes/75fccf67bdcf898ce6c1a7657d70ead190c2c47d9a5f2b09d10f5c549a0e1e90 For many, the current turbulence is not the result of a single week but the cumulative effect of a series of policy shifts under President Prabowo. For many, the current turbulence is not the result of a single week but the cumulative effect of a series of policy shifts under President Prabowo. https://www.businesstimes.com.sg/companies-markets/transport-logistics/global-airlines-slash-2026-profit-forecast-fuel-shock-iran-war The Business Times en 2026-06-07T13:01:09+08:00 Global airlines slash 2026 profit forecast on fuel shock from Iran war https://cassette.sphdigital.com.sg/image/businesstimes/3a5306790440d6dc2b0c12aeca00232bd00a1e5862c34c0890bdd61418579bd2 Willie Walsh, director general of Iata, expects some smaller airlines to go bankrupt or be taken over by bigger carriers this year and the next as higher fuel costs bite. Willie Walsh, director general of Iata, expects some smaller airlines to go bankrupt or be taken over by bigger carriers this year and the next as higher fuel costs bite. https://www.businesstimes.com.sg/companies-markets/ho-bee-chair-ups-stake-mg-becomes-substantial-unitholder-netlink-nbn-trust The Business Times en 2026-06-07T12:30:00+08:00 Ho Bee chair ups stake; M&G becomes substantial unitholder in NetLink NBN Trust https://cassette.sphdigital.com.sg/image/businesstimes/4a8b483f143c0637b312f8d315b3eae40f90efa7a0d7fba29c58b541fc5c5979 Over the four sessions, 22 primary-listed companies conducted buybacks with a total consideration of S$97 million. Over the four sessions, 22 primary-listed companies conducted buybacks with a total consideration of S$97 million. https://www.businesstimes.com.sg/companies-markets/industrial-s-reits-maintain-operational-resilience-while-undertaking-portfolio-rejuvenation The Business Times en 2026-06-07T12:30:00+08:00 Industrial S-Reits maintain operational resilience while undertaking  portfolio rejuvenation https://cassette.sphdigital.com.sg/image/businesstimes/53b91a0645e2b9f0cf86e01c6967df6647494b94a635da6bdf7aaede877a177d In its Q1 2026 business update, Clar reported over S$1.6 billion of accretive acquisitions during the quarter, with initial net property income yields of 4.3 to 7.4 per cent. In its Q1 2026 business update, Clar reported over S$1.6 billion of accretive acquisitions during the quarter, with initial net property income yields of 4.3 to 7.4 per cent. https://www.businesstimes.com.sg/opinion-features/can-stock-market-swallow-spacex-anthropic-and-openai The Business Times en 2026-06-07T12:00:00+08:00 Can the stock market swallow SpaceX, Anthropic and OpenAI? https://cassette.sphdigital.com.sg/image/businesstimes/d0d22cb46e8e683b0bfe85f52873c66162ce99d5a8413e14920c4891ca1e286e SpaceX plans to release its locked-up shares in a series of tranches. SpaceX plans to release its locked-up shares in a series of tranches. https://www.businesstimes.com.sg/wealth/led-elon-musk-us-ceo-pay-heads-toward-stars The Business Times en 2026-06-07T11:47:27+08:00 Led by Elon Musk, US CEO pay heads toward the stars https://cassette.sphdigital.com.sg/image/businesstimes/38494e78923d9fa1341a643980b9fce783701f7f9e9775395b32ce6c98e7e5d0 Including all the shares that Elon Musk already owns, his current wealth from Tesla amounts to US$301 billion. Including all the shares that Elon Musk already owns, his current wealth from Tesla amounts to US$301 billion. https://www.businesstimes.com.sg/international/global/big-questions-loom-chinas-memory-chipmakers-prepare-blockbuster-ipos The Business Times en 2026-06-07T11:07:32+08:00 Big questions loom as China’s memory chipmakers prepare blockbuster IPOs https://cassette.sphdigital.com.sg/image/businesstimes/1d98032e15490b4f26ac3dc85283a1c748c677db079c931f940614f47feae439 CXMT's fellow chipmaker YMTC is also moving towards an IPO on the Shanghai’s tech-focused Star Market Planned listings by China's YMTC and fellow chipmaker CXMT come amid an industry upswing driven by surging demand from AI applications. https://www.businesstimes.com.sg/international/asean/ai-rules-south-east-asia-risks-fines-and-everything-else-you-need-know The Business Times en 2026-06-07T09:58:07+08:00 AI rules in South-east Asia: risks, fines and everything else you need to know https://cassette.sphdigital.com.sg/image/businesstimes/58db1179f3472ea7a7697bc93ed81b1fca515bb4b9c92af1725344c36e3de319 Mandatory frameworks range from existing data protection laws to new AI regulations, as well as industry-specific rules that you should already be familiar with. Mandatory frameworks range from existing data protection laws to new AI regulations, as well as industry-specific rules that you should already be familiar with. https://www.businesstimes.com.sg/international/us-eyes-iranian-assets-gulf-allies-reconstruction-source-says The Business Times en 2026-06-07T08:45:20+08:00 US eyes Iranian assets for Gulf allies’ reconstruction, source says https://cassette.sphdigital.com.sg/image/businesstimes/85d4d284d44e740e371462f47dc437126e98e08121ef61df1274f87c3df72546 The threatened redirection of Iranian assets could create a new irritant to a fragile ceasefire between the US and Iran. The threatened redirection of Iranian assets could create a new irritant to a fragile ceasefire between the US and Iran.