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/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 Warren Buffett started becoming really famous in the 1980s, and has since influenced a whole generation of investors 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/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/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/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/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/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/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/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/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/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/international/global/iran-fires-missiles-israel-trump-aims-sustain-ceasefire The Business Times en 2026-06-08T05:53:18+08:00 Iran fires missiles at Israel as Trump aims to sustain ceasefire https://cassette.sphdigital.com.sg/image/businesstimes/5c17e31ef0e7428032634d5518d4fdce24dbbf2b5ae8772984c4cc3572418247 The fresh attack follows hard on the heels of an escalation between Israel and Hizbollah. Negotiations between Washington and Teheran are bogged down over the fate of billions of US dollars of frozen Iranian assets. 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 Some 1,686 new homes are slated to come to market in July. 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. https://www.businesstimes.com.sg/singapore/singapore-must-act-firmly-when-others-seek-divide-it-edwin-tong-blocked-online-content The Business Times en 2026-06-06T16:25:56+08:00 Singapore must act firmly when others seek to divide it: Edwin Tong on blocked online content https://cassette.sphdigital.com.sg/image/businesstimes/12d23d0a77a3b376ad94f2c472d0a7086fbb85b3ecf2090c175c612439b390fc Law Minister Edwin Tong calls on Singaporeans to be more discerning when viewing online content and to not disseminate it if it is harmful. Law Minister Edwin Tong calls on Singaporeans to be more discerning when viewing online content and to not disseminate it if it is harmful. https://www.businesstimes.com.sg/international/hong-kong-monetary-authority-says-its-implemented-new-bank-rules-opening-accounts The Business Times en 2026-06-06T16:04:02+08:00 Hong Kong Monetary Authority says it’s implemented new bank rules for opening accounts https://cassette.sphdigital.com.sg/image/businesstimes/870a37daa6f8a249191c922b2113bb74d2bf1d60ade50fa7673b53a33eb8e3f5 The increased scrutiny of mainland Chinese bank clients is part of a broader push by Beijing to stem capital flight in an unprecedented crackdown on illegal cross-border trading. The increased scrutiny of mainland Chinese bank clients is part of a broader push by Beijing to stem capital flight in an unprecedented crackdown on illegal cross-border trading. https://www.businesstimes.com.sg/singapore/singapore-blocks-online-posts-targeting-indian-community-content-likely-china-based-platform The Business Times en 2026-06-06T16:00:53+08:00 Singapore blocks online posts targeting Indian community; content likely from China-based platform https://cassette.sphdigital.com.sg/image/businesstimes/74031da15c5997ccf06cfa140edaf9be737f1ccb65d2b46d86a05e5e07f4bcc7 MHA says: “Singapore firmly opposes nativism and xenophobia. Any attempt to pit one community against another here must be firmly rejected." MHA says: “Singapore firmly opposes nativism and xenophobia. Any attempt to pit one community against another here must be firmly rejected." https://www.businesstimes.com.sg/international/asean/indonesian-officials-vow-again-steady-rupiah-draw-funds The Business Times en 2026-06-06T15:51:26+08:00 Indonesian officials vow again to steady rupiah, draw funds https://cassette.sphdigital.com.sg/image/businesstimes/ec3cd215ce9cd41b7ccda14fa86e99606cc602f1d477f45ff5831ae9439c9726 The rupiah has weakened about 8%, while foreign investors have pulled billions of dollars from Indonesian bonds. The rupiah has weakened about 8%, while foreign investors have pulled billions of dollars from Indonesian bonds. https://www.businesstimes.com.sg/international/thailand-may-seek-thaksin-bankruptcy-over-17-6-billion-baht-tax-debt The Business Times en 2026-06-06T15:16:18+08:00 Thailand may seek Thaksin bankruptcy over 17.6 billion baht tax debt https://cassette.sphdigital.com.sg/image/businesstimes/8087ba5420a41bc45e06f3bd65c6fddaa19c4a887ff5690fc00a22068c841529 The 76-year-old patriarch of the Shinawatra clan walked out of a Bangkok prison last month after serving eight months of a reduced sentence for corruption. The 76-year-old patriarch of the Shinawatra clan walked out of a Bangkok prison last month after serving eight months of a reduced sentence for corruption. https://www.businesstimes.com.sg/companies-markets/boeing-studying-boost-737-max-plane-production-highest-ever-rate The Business Times en 2026-06-06T14:42:54+08:00 Boeing studying boost of 737 Max plane production to highest-ever rate https://cassette.sphdigital.com.sg/image/businesstimes/4bf67bc12b6ad70d762c8703626d7d651d85f4c514ba4b413512da47af462bc9 The planemaker’s stated goal is to raise production to 63 jets a month. The planemaker’s stated goal is to raise production to 63 jets a month. https://www.businesstimes.com.sg/lifestyle/englands-world-cup-opener-set-cause-power-spike The Business Times en 2026-06-06T14:15:20+08:00 England’s World Cup opener is set to cause power spike https://cassette.sphdigital.com.sg/image/businesstimes/4c209626a55ecd42f3d9a9fefbe10309b71edab72a9ab865ad804e990be00ddf While this year’s expanded World Cup features 40 additional matches, the impact of each individual game on the grid is also smaller than it once was. While this year’s expanded World Cup features 40 additional matches, the impact of each individual game on the grid is also smaller than it once was. https://www.businesstimes.com.sg/international/anwars-battle-against-allies-shapes-key-malaysian-states-call-polls The Business Times en 2026-06-06T13:09:50+08:00 Anwar’s battle against allies shapes up as key Malaysian states call polls https://cassette.sphdigital.com.sg/image/businesstimes/2ce8b4fc2601566d3f065c9a52b6c7913c159f44941b639bfecdfbb332a69148 Over the past year, Anwar has faced an opposition-led protest demanding his ouster while his coalition performed poorly in November’s Sabah state elections. Over the past year, Anwar has faced an opposition-led protest demanding his ouster while his coalition performed poorly in November’s Sabah state elections. https://www.businesstimes.com.sg/companies-markets/tech-sell-bitcoin-drop-test-retail-investor-strength-ahead-spacex-ipo The Business Times en 2026-06-06T12:13:00+08:00 Tech sell-off, Bitcoin drop test retail investor strength ahead of SpaceX IPO https://cassette.sphdigital.com.sg/image/businesstimes/e4683f2f594bc19b8a8bef41a41ad9fd44def4d2673dd02571cd3e2457ddc178 Demand appears overwhelming for the rocket, satellite and AI company’s shares. Demand appears overwhelming for the rocket, satellite and AI company’s shares. https://www.businesstimes.com.sg/international/china-arms-itself-new-outbound-investment-rules The Business Times en 2026-06-06T11:08:49+08:00 China arms itself with new outbound investment rules https://cassette.sphdigital.com.sg/image/businesstimes/c710b2ec04b6d2aface495564a4a666d4eecf6d234b5ebb9613a4a4b0467acca Officials describe the measures as defensive tools that would not affect normal market transactions. Officials describe the measures as defensive tools that would not affect normal market transactions. https://www.businesstimes.com.sg/companies-markets/japan-spent-billions-prop-yen-why-it-still-weak The Business Times en 2026-06-06T10:02:09+08:00 Japan spent billions to prop up the yen. Why is it still weak? https://cassette.sphdigital.com.sg/image/businesstimes/8961cbbe02f38cc876818e9b4719136e5f33f5cb21e374e4f1f36588067603a5 The gap between Japan’s ultra-low interest rates and those in the US and other major economies remain wide. The gap between Japan’s ultra-low interest rates and those in the US and other major economies remain wide. https://www.businesstimes.com.sg/opinion-features/pet-insurance-demand-still-rising-growth-may-be-losing-bite The Business Times en 2026-06-06T10:00:00+08:00 Pet insurance demand still rising, but growth may be losing bite https://cassette.sphdigital.com.sg/image/businesstimes/6aaa700c80f362874016bc90d9649c9a7e8f594f159317478375478586cd1df0 Owner of pet bakery Mini Pawtisserie Angeline Chai, 26, takes care of her pomeranian's health by focusing on preventive care and investing in the dog's diet. Owner of pet bakery Mini Pawtisserie, Angeline Chai, 26, takes care of her pomeranian spitz's health by focusing on preventive care and investing in the dog's diet. https://www.businesstimes.com.sg/companies-markets/oil-prices-fall-mounting-hopes-de-escalation-us-iran-war The Business Times en 2026-06-06T08:55:36+08:00 Oil prices fall on mounting hopes for de-escalation in US-Iran War https://cassette.sphdigital.com.sg/image/businesstimes/b27366e62cd74cf9a74d6f221c9f3de7b02c15d3bdcb2144a368881577ef42bc US West Texas Intermediate crude finishes at US$90.54 a barrel, down US$2.50 or 2.7%. US West Texas Intermediate crude finishes at US$90.54 a barrel, down US$2.50 or 2.7%. https://www.businesstimes.com.sg/companies-markets/europe-shares-slip-tech-rally-stalls-middle-east-uncertainty-weighs The Business Times en 2026-06-06T08:14:40+08:00 Europe: Shares slip as tech rally stalls, Middle East uncertainty weighs https://cassette.sphdigital.com.sg/image/businesstimes/d82e0c3caf8baa2c817b9560d50165e38c160a12ed7118439558d7b3e89dc50d The pan-European Stoxx 600 index was down 0.3% at 622.66 points and lost 0.5% for the week. The pan-European Stoxx 600 index was down 0.3% at 622.66 points and lost 0.5% for the week. https://www.businesstimes.com.sg/companies-markets/us-wall-street-ends-sharply-lower-chips-slide-jobs-data-fuels-rate-hike-fears The Business Times en 2026-06-06T07:59:14+08:00 US: Wall Street ends sharply lower as chips slide, jobs data fuels rate hike fears https://cassette.sphdigital.com.sg/image/businesstimes/b68a4085f6af7c28d048cc0ce4168203a91337c47a490b23c1ada970220bfad1 All three major US stock indices close sharply lower, with plunging chip stocks dragging the tech-laden Nasdaq down. All three major US stock indices close sharply lower, with plunging chip stocks dragging the tech-laden Nasdaq down.