https://www.businesstimes.com.sg/opinion-features/alternative-diesel-can-help-singapore-balance-resilience-and-decarbonisation The Business Times en 2026-06-13T07:00:00+08:00 Alternative diesel can help Singapore balance resilience and decarbonisation https://cassette.sphdigital.com.sg/image/businesstimes/111ebfa05ed98a20ff935670c1318426f3033bbe8d09e4fb47c8ed5241ea46e6 Several South-east Asian countries have incorporated biodiesel blending into their transport fuel systems. From a resilience perspective, biodiesel’s value lies not in eliminating exposure to global markets, but in reducing reliance on a single supply chain. https://www.businesstimes.com.sg/international/global/spacex-set-surge-past-us2-trillion-valuation-blockbuster-nasdaq-debut The Business Times en 2026-06-12T22:45:03+08:00 SpaceX set to surge past US$2 trillion valuation in blockbuster Nasdaq debut https://cassette.sphdigital.com.sg/image/businesstimes/ead18d71e1afc753275fd8a5f522e2a97cfa4e03b6f3b741558a8337d0f40f98 SpaceX's shares were indicated to open around US$175 a share, or about a 30 per cent jump from its US$135 IPO price. SpaceX's shares were indicated to open around US$175 a share, or about a 30 per cent jump from its US$135 IPO price. https://www.businesstimes.com.sg/companies-markets/spacexs-record-ipo-said-draw-over-us350-billion-demand The Business Times en 2026-06-12T22:17:46+08:00 SpaceX’s record IPO said to draw over US$350 billion in demand https://cassette.sphdigital.com.sg/image/businesstimes/5cce1566dfea9550cb5135dba5f3dc0c119a832398be645ea0bfed6b55b88fa8 SpaceX has made history with the biggest-ever IPO, launching it into the top ranks of the largest public companies. SpaceX has made history with the biggest-ever IPO, launching it into the top ranks of the largest public companies. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-sp-dow-edge-higher-middle-east-deal-hopes-spacex-debut-focus The Business Times en 2026-06-12T22:11:41+08:00 US stocks: S&P, Dow edge higher on Middle East deal hopes; SpaceX debut in focus https://cassette.sphdigital.com.sg/image/businesstimes/b8198e42599bd9a7d6c1476334546eaa0f0ba2d291a0475518feaade5cf779b3 The three major US indices opened mixed on Friday. The three major US indices opened mixed on Friday. https://www.businesstimes.com.sg/lifestyle/rolex-raises-gold-watch-prices-again-super-rich-buyers-are-undeterred The Business Times en 2026-06-12T22:02:46+08:00 Rolex raises gold watch prices again as super-rich buyers are undeterred https://cassette.sphdigital.com.sg/image/businesstimes/92f3754ca01c5c2b7eb73d35e786437e02abda19106a7f48adb69f72baa75a06 Rolex increased average prices on its watches by 6.2 per cent in January in Germany, Hong Kong, Japan, the United Kingdom and the United States. Rolex increased average prices on its watches by 6.2 per cent in January in Germany, Hong Kong, Japan, the United Kingdom and the United States. https://www.businesstimes.com.sg/companies-markets/banking-finance/sam-bankman-fried-loses-bid-overturn-crypto-fraud-conviction The Business Times en 2026-06-12T21:39:00+08:00 Sam Bankman-Fried loses bid to overturn crypto fraud conviction https://cassette.sphdigital.com.sg/image/businesstimes/5ee4fd9e228896f80c393636dbd3dc42639cb99bd63af02b32c226064ece6afb Sam Bankman-Fried will be eligible for release in 2044. Sam Bankman-Fried will be eligible for release in 2044. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/day-life-equities-analyst The Business Times en 2026-06-12T21:09:43+08:00 A day in the life of an equities analyst https://cassette.sphdigital.com.sg/image/businesstimes/5e1f70919ede19be5bf256603b7ba6cc2f842ab3a81c118ec72ca8bfb71dfe24 Generic pix of the ticker tape at the SGX Centre 1, located in Shenton Way, on April 22, 2024. A ticker is a symbol, a unique combination of letters and numbers that represent a particular stock or security listed on an exchange. Trades are executed based on a company's ticker symbol, which is recorded in the exchange's trading system. Artificial intelligence is changing the way analysts work by automating data gathering and information processing, for example. Beyond written reports, analysts now also communicate through podcasts, videos and social media. https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/nestle-india-rejects-allegations-infestation-its-maggi-noodles The Business Times en 2026-06-12T20:59:52+08:00 Nestle India rejects allegations of infestation in its Maggi noodles https://cassette.sphdigital.com.sg/image/businesstimes/c497524f0facf7306feb4b5c0fdfa8ee6813608fb49c19c005982be2d9953d36 Packets of Nestle's Maggi noodles at a supermarket in Mumbai, India, March 16, 2021. Packets of Nestle's Maggi noodles at a supermarket in Mumbai, India, March 16, 2021. https://www.businesstimes.com.sg/international/global/china-markets-are-much-cheaper-beware-crackdown-overseas-trading-amundi-cio The Business Times en 2026-06-12T20:57:43+08:00 China markets are ‘much cheaper’, but beware the crackdown on overseas trading: Amundi CIO https://cassette.sphdigital.com.sg/image/businesstimes/cc10f5bff1a436e19df2c74ba503b0e70fe6f8dcd6b099ff3eb67435cd7a8031 Vincent Mortier, chief investment officer of French asset manager Amundi, speaks at the annual Amundi World Investment Forum 2026. Vincent Mortier, chief investment officer of Amundi, says China’s competitiveness in exports is still high, even as domestic consumption remains an issue. https://www.businesstimes.com.sg/international/indias-inflation-accelerates-3-93-may-remains-tad-below-rbi-target The Business Times en 2026-06-12T20:33:13+08:00 India’s inflation accelerates to 3.93% in May, remains a tad below RBI target https://cassette.sphdigital.com.sg/image/businesstimes/3c8498b2b5dd59a44828c25428eb406f76aba3bcb9f4f4c26c35a2f2cbf652a5 Food inflation accelerated to 4.78 per cent in May from 4.2 per cent in April. Food inflation accelerated to 4.78 per cent in May from 4.2 per cent in April. https://www.businesstimes.com.sg/companies-markets/revised-framework-single-family-offices-take-effect-jun-15-mas The Business Times en 2026-06-12T20:25:13+08:00 Revised framework for single family offices to take effect on Jun 15: MAS https://cassette.sphdigital.com.sg/image/businesstimes/bd2387fbbd42652953a52619045e15a067e3710bd7ea4c3bc1364aee2d2e6ece The revised framework is meant to simplify the process for SFOs to establish operations in Singapore. The revised framework is meant to simplify the process for SFOs to establish operations in Singapore. https://www.businesstimes.com.sg/companies-markets/transport-logistics/europes-top-carmakers-urge-simple-made-europe-rules The Business Times en 2026-06-12T20:15:57+08:00 Europe’s top carmakers urge simple ‘Made in Europe’ rules https://cassette.sphdigital.com.sg/image/businesstimes/274e6a1a708d494ca54c45fee5ea061053469d0f1e6ed5ce809f91aa250b855d The EU has been weighing a “Made in Europe” framework as part of broader industrial policy in the shift to electrification. The EU has been weighing a “Made in Europe” framework as part of broader industrial policy in the shift to electrification. https://www.businesstimes.com.sg/companies-markets/banking-finance/bank-japan-consider-pausing-bond-taper-next-fiscal-year-sources-say The Business Times en 2026-06-12T19:43:21+08:00 Bank of Japan to consider pausing bond taper next fiscal year, sources say https://cassette.sphdigital.com.sg/image/businesstimes/79e70c27fe377933af85d26a2f65d51fa81d56dd0384c69f067b7355397ceb48 At its June 15 to 16 meeting, the BOJ will review its bond taper plan, running through March next year, and lay out a new plan for fiscal 2027 and beyond. At its June 15 to 16 meeting, the BOJ will review its bond taper plan, running through March next year, and lay out a new plan for fiscal 2027 and beyond. https://www.businesstimes.com.sg/lifestyle/important-remain-involved-why-stanchart-didnt-walk-away-singapore-marathon The Business Times en 2026-06-12T19:42:32+08:00 ‘Important to remain involved’: Why StanChart didn’t walk away from the Singapore Marathon https://cassette.sphdigital.com.sg/image/businesstimes/44b69a9c4b3bc6801326ca4ca8b0d3d298724e7f0777e65a38633ade27208396 Patrick Lee, the CEO of Singapore, Asean and South Asia, StanChart, says the bank is the sponsor of the 10 km race and there will be thousands of people signed up for that. Patrick Lee, CEO of Singapore, Asean and South Asia, StanChart, says the bank is the sponsor of the 10 km race and there will be thousands of people signed up for that. https://www.businesstimes.com.sg/companies-markets/comfortdelgro-sees-china-and-singapore-key-robotaxi-markets The Business Times en 2026-06-12T19:14:20+08:00 ComfortDelGro sees China and Singapore as key robotaxi markets  https://cassette.sphdigital.com.sg/image/businesstimes/21e9644ba6b739c797920422ffe594e3229bcc0f270fbe198b9eb76fbfd395ec ComfortDelGro's robotaxis currently operate as a commercial service in Guangzhou, China. ComfortDelGro's robotaxis currently operate as a commercial service in Guangzhou, China. https://www.businesstimes.com.sg/newsletters/esg-insights/issue-198-ubs-cuts-asia-esg-staff-s-e-asian-renewables-assets-face-high-climate-risk The Business Times en 2026-06-12T19:00:00+08:00 Issue 198: UBS cuts Asia ESG staff; S-E Asian renewables assets face high climate risk https://cassette.sphdigital.com.sg/image/businesstimes/928daad810a82f0938c318fcc9ffdf7a039fd6758fb5802c602e7c34c6b00c1b Foundit Insights Tracker data show that green jobs’ share of total hiring posts has increased to 4.4 per cent in the first five months of 2026, from 2.8 per cent in 2023. Foundit Insights Tracker data show that green jobs’ share of total hiring posts has increased to 4.4 per cent in the first five months of 2026, from 2.8 per cent in 2023. https://www.businesstimes.com.sg/international/daily-debrief-what-happened-today-jun-122 The Business Times en 2026-06-12T18:45:00+08:00 Daily Debrief: What Happened Today (Jun 12) https://cassette.sphdigital.com.sg/image/businesstimes/3d88d252a7d583f13d3ac1cddfb28bff40c3a37fea1cd8a9c485d097bcc6da2b Some industry watchers wonder if Orchard Road can hold its own next to competing retail destinations, both global and local. Some industry watchers wonder if Orchard Road can hold its own next to competing retail destinations, both global and local. https://www.businesstimes.com.sg/international/global/us-iran-edge-toward-interim-deal-signing-close-g7-next-week The Business Times en 2026-06-12T18:35:49+08:00 US, Iran edge toward interim deal signing close to G7 next week https://cassette.sphdigital.com.sg/image/businesstimes/98dab925ca8c2c3cf1123f7a5d6b9010dba01e03788e13fbe2a52bd52e7beba0 Vessels anchored in the Strait of Hormuz as seen from Musandam, Oman, June 11, 2026. Vessels anchored in the Strait of Hormuz as seen from Musandam, Oman, June 11, 2026. https://www.businesstimes.com.sg/companies-markets/singapore-stocks-continue-rally-friday-sti-0-8 The Business Times en 2026-06-12T18:31:46+08:00 Singapore stocks continue rally on Friday; STI up 0.8% https://cassette.sphdigital.com.sg/image/businesstimes/7452d2271606255b652d5bed91d550d575a6441ecc1b95be223c81aab4c86df3 Across the broader market on Jun 12, gainers outnumbered losers 376 to 194, after 1.4 billion securities worth S$2 billion changed hands. Across the broader market, gainers outnumber losers 376 to 194, as 1.4 billion securities worth S$2 billion change hands. https://www.businesstimes.com.sg/international/small-japan-firms-say-high-procurement-costs-biggest-hit-middle-east-war-survey The Business Times en 2026-06-12T18:02:17+08:00 Small Japan firms say high procurement costs biggest hit from Middle East war: survey https://cassette.sphdigital.com.sg/image/businesstimes/8ae3a49895d88e653175b0f90be232d4963ae36927517fafcdc5917048c41d91 Japanese firms urge the government to secure stable energy supplies and provide relief on electricity, petrol and fuel costs. Japanese firms urge the government to secure stable energy supplies and provide relief on electricity, petrol and fuel costs. https://www.businesstimes.com.sg/lifestyle/mercedes-gle-400-e-coupe-review-why-benz-could-be-worth-half-million-after-all The Business Times en 2026-06-12T18:00:00+08:00 Mercedes GLE 400 e Coupe review: Why this Benz could be worth half a million after all https://cassette.sphdigital.com.sg/image/businesstimes/e54cb498372d6ac4d65ba3d80fda0ea7e7711970b161697b66967021b438a578 The GLE 400 e Coupe is an off-roader with four-wheel drive, a luxury car and a plug-in hybrid electric vehicle. The GLE 400 e Coupe is an off-roader with four-wheel drive, a luxury car and a plug-in hybrid electric vehicle. https://www.businesstimes.com.sg/opinion-features/too-many-people-are-shockingly-bad-prioritisation The Business Times en 2026-06-12T18:00:00+08:00 Too many people are shockingly bad at prioritisation https://cassette.sphdigital.com.sg/image/businesstimes/0418e9b8b551ad8aff89e2424057f21b7ede3eb600b0206330269bb4e051768b When people have to make a choice about what to do next, they often pick the thing that seems achievable, even if that is not in their interests. When people have to make a choice about what to do next, they often pick the thing that seems achievable, even if that is not in their interests. https://www.businesstimes.com.sg/singapore/chips-still-king-singapore-exports-amid-non-tech-upswing-asia The Business Times en 2026-06-12T17:58:15+08:00 Chips still king of Singapore exports amid non-tech upswing in Asia https://cassette.sphdigital.com.sg/image/businesstimes/c31cc648dea2b5658ce7c944505182c291936c4156de38bade4167c399c19231 Economists expect growth in Singapore exports to persist in the months ahead, with sustained outperformance of the electronics and semiconductor segments. Economists expect growth in Singapore exports to persist in the months ahead, with sustained outperformance of the electronics and semiconductor segments. https://www.businesstimes.com.sg/international/asean/vietnams-stock-market-liquidity-dries-after-vn-indexs-record-run-may The Business Times en 2026-06-12T17:50:20+08:00 Vietnam’s stock market liquidity dries up after VN-Index’s record run in May https://cassette.sphdigital.com.sg/image/businesstimes/75f15839323d0b1161c2a42af22bcc9c4b4bfa3b09333294c5cce12a300e07c7 The average daily trading value of Vietnamese stocks in 2026 so far has reached around US$789 million. The average daily trading value of Vietnamese stocks in 2026 so far has reached around US$789 million. https://www.businesstimes.com.sg/podcasts/hawkish-fed-hot-inflation-fragile-currencies-aseans-delicate-balancing-act-explained The Business Times en 2026-06-12T17:46:00+08:00 Hawkish Fed, hot inflation, fragile currencies: ASEAN’s delicate balancing act explained https://cassette.sphdigital.com.sg/image/businesstimes/cdfa62ee1382ee7d4762dd979fc2f6b77a9262ba676aae50e865d0f8c3b741d3 CPI and PPI reports expected to reach multi-year highs due to fuel cost shocks over in the US. CPI and PPI reports expected to reach multi-year highs due to fuel cost shocks over in the US. https://www.businesstimes.com.sg/international/global/uk-lags-rivals-curbing-influx-cheap-parcels-china The Business Times en 2026-06-12T17:26:45+08:00 UK lags rivals in curbing influx of cheap parcels from China https://cassette.sphdigital.com.sg/image/businesstimes/24b76fede0467ab6ef51cf8571b6d0f2b4bb7a1a04923328df5e7ce21455ca9e British retailers are pushing for the UK government to take steps to close a tax loophole they say is helping companies such as Shein and Temu gain market share. British retailers are pushing for the UK government to take steps to close a tax loophole they say is helping companies such as Shein and Temu gain market share. https://www.businesstimes.com.sg/international/asean/indonesias-fuel-price-hike-rupiah-rout-pile-pressure-prabowo-students-protest The Business Times en 2026-06-12T17:03:43+08:00 Indonesia’s fuel price hike, rupiah rout pile pressure on Prabowo as students protest https://cassette.sphdigital.com.sg/image/businesstimes/9f8f86e91fa6850c83468481b68ce04797447f11842f74cff95f5c26642bd285 Frustrated by rising costs, students protest in Jakarta over economic strain and a weak rupiah, challenging President Prabowo’s administration. More than a thousand students rallied in central Jakarta on Jun 12 to accuse the government of failing to address economic pressures. https://www.businesstimes.com.sg/international/asean/indonesias-weakening-markets-and-economy-have-personality-problem-prabowos The Business Times en 2026-06-12T17:00:00+08:00 Indonesia’s weakening markets and economy have a personality problem – Prabowo’s https://cassette.sphdigital.com.sg/image/businesstimes/f8679cfd404f308c68ffacefbd27f5e6a1270b1114a62ba55c37d3b3a9c68123 Indonesian President Prabowo Subianto needs to assure markets that entrepreneurs and experts, not his old-boy herd, will control the commanding heights of the country's economy, says the writer. Prabowo needs to assure markets that entrepreneurs and experts, not his old-boy herd, will control the commanding heights of Indonesia's economy, says the writer. https://www.businesstimes.com.sg/international/asean/indonesias-danantara-unit-raises-us1-5-billion-debut-us-dollar-bond-draws-strong-demand The Business Times en 2026-06-12T16:55:39+08:00 Indonesia’s Danantara unit raises US$1.5 billion as debut US dollar bond draws strong demand https://cassette.sphdigital.com.sg/image/businesstimes/4bfe0ff2d8eef37e06997949c6ff6677fb36555368363ad89790210df18b868d Danantara Investment Management will use the proceeds for general corporate purposes, including investments and refinancing existing debt, the term sheet showed. Danantara Investment Management will use the proceeds for general corporate purposes, including investments and refinancing existing debt, the term sheet showed. https://www.businesstimes.com.sg/companies-markets/citi-sees-asian-clients-seeking-more-trade-finance-risk-support-amid-middle-east-war The Business Times en 2026-06-12T16:54:49+08:00 Citi sees Asian clients seeking more trade finance, risk support amid Middle East war https://cassette.sphdigital.com.sg/image/businesstimes/201acf13569dcbc760c6328af5ddbf15188c145eb7aac781702e9b1c1ab2024e Citi's Mridula Iyer, head of services for Asia South (left) and Kanika Thakur, head of services for Japan, Australia and Asia North. Citi's Mridula Iyer (left) and Kanika Thakur say firms are thinking about diversifying supply chains, building inventory buffers and optimising working capital. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/infineon-open-5-billion-euro-chip-fab-part-eu-sovereignty-push The Business Times en 2026-06-12T16:23:22+08:00 Infineon to open 5 billion euro chip fab as part of EU sovereignty push https://cassette.sphdigital.com.sg/image/businesstimes/c134244e1080a9a68b851f93f6c8d3ad1caab820d378785075bd5aa95fe2b2e8 Workers inspect lithography machines for 300mm semiconductor wafers at the new Smart Power Fab at Infineon Technologies AG in Dresden, Germany, on Wednesday, June 10, 2026. Infineon is preparing to open its largest single investment, a €5 billion ($5.8 billion) semiconductor factory built with the help of European Union subsidies, as the bloc seeks to boost chip production. Photographer: Yen Duong/Bloomberg Infineon has invested around two billion euros on construction, with the remainder to be spent on more machines, says COO Alexander Gorski. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-stocks-rally-oil-falls-hopes-us-iran-deal The Business Times en 2026-06-12T16:16:45+08:00 European stocks rally as oil falls on hopes for US-Iran deal https://cassette.sphdigital.com.sg/image/businesstimes/1f678221153e4deaa8b6d9ce7ec4e3512ca22178801674fdae395352afbc3bec The Stoxx 600 index advanced 1.2 per cent to 628.81 points by 0720 GMT on Friday. The Stoxx 600 index advanced 1.2 per cent to 628.81 points by 0720 GMT on Friday. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/nikkei-ends-nearly-3-higher-renewed-hopes-middle-east-peace The Business Times en 2026-06-12T16:04:00+08:00 Nikkei ends nearly 3% higher on renewed hopes for Middle East peace https://cassette.sphdigital.com.sg/image/businesstimes/65c46018047c75e8525d8afd1af395135a078a787f05096a3fe16796d5faf1bf The Nikkei closed up 2.81 per cent at 66,020.04 after rising as much as 4.4 per cent earlier in the session. The Nikkei closed up 2.81 per cent at 66,020.04 after rising as much as 4.4 per cent earlier in the session. https://www.businesstimes.com.sg/lifestyle/they-tracked-fitness-food-and-sleep-obsessively-now-theyre-tuning-out The Business Times en 2026-06-12T16:00:00+08:00 They tracked fitness, food and sleep obsessively. Now, they’re tuning out https://cassette.sphdigital.com.sg/image/businesstimes/7bb9d1b5ff4d2f031d13d13bca442561cab72c3b6c99ea3a5d66fa8847243d2a While some have committed to biohacking and hyper-optimisation, others are saying “enough” to excessive health and fitness tracking. While some have committed to biohacking and hyper-optimisation, others are saying “enough”. https://www.businesstimes.com.sg/international/britains-inflation-fears-can-be-found-its-pubs-and-cafes The Business Times en 2026-06-12T15:37:50+08:00 Britain’s inflation fears can be found in its pubs and cafes https://cassette.sphdigital.com.sg/image/businesstimes/018fdd95c4ea1d717baf45d07c407aa9e02a58baf93b8c214e71f245c7c9da6a British households are increasingly prioritising going out and wellness over furniture or jewellery, and are willing to pay. British households are increasingly prioritising going out and wellness over furniture or jewellery, and are willing to pay. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/global-banks-curb-hedge-fund-bets-sk-hynix-samsung-after-wild-moves The Business Times en 2026-06-12T15:30:36+08:00 Global banks curb hedge fund bets on SK Hynix, Samsung after wild moves https://cassette.sphdigital.com.sg/image/businesstimes/ab16dda6ffb6e37d807211e064081ffcac19ef716eee9b2f27a4d3c513b9ff49 The stock price of SK Hynix has more than tripled ib 2026. The stock price of SK Hynix has more than tripled ib 2026. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/tsmc-boss-frets-about-shortages-talent-water-taiwan The Business Times en 2026-06-12T15:24:20+08:00 TSMC boss frets about shortages of talent, water in Taiwan https://cassette.sphdigital.com.sg/image/businesstimes/e7442b627e7e5c6c72cdde42e651965c5ff95f4bf28583479e72e08669412150 TSMC has repeatedly said most of its production, along with research and development, will remain in Taiwan. TSMC has repeatedly said that most of its production, along with research and development, will remain in Taiwan. https://www.businesstimes.com.sg/international/asean/jakarta-deploys-thousands-police-students-protest-prabowo The Business Times en 2026-06-12T15:14:09+08:00 Jakarta deploys thousands of police as students protest Prabowo https://cassette.sphdigital.com.sg/image/businesstimes/33b1097d2629511c04f187a5b214ebceec37124eef20f2bac59aab2fb8cf77a1 Demonstrators during an anti-government protest in Jakarta, Indonesia, June 12, 2026. Demonstrators during an anti-government protest in Jakarta, Indonesia, June 12, 2026. https://www.businesstimes.com.sg/property/emaar-develop-us55b-real-estate-project-dubai-founder The Business Times en 2026-06-12T15:06:47+08:00 Emaar to develop US$55b real estate project in Dubai: founder https://cassette.sphdigital.com.sg/image/businesstimes/d687efcb60beaf3f579dd20b3f12e132c9262d5dd1425f576565fdd00cc7f86c The development promises views of the Burj Khalifa, the world’s tallest skyscraper. The development promises views of the Burj Khalifa, the world’s tallest skyscraper. https://www.businesstimes.com.sg/wealth/wealth-investing/are-markets-tipping-point The Business Times en 2026-06-12T15:00:00+08:00 Are markets at a tipping point? https://cassette.sphdigital.com.sg/image/businesstimes/450b6c8df139453bbedcd974c08721f66fb08a600aa414be141ab537652bf09e Do mega IPOs signal a market peak? The data suggests not. Historically, well-telegraphed IPO cycles in bull markets have often deepened liquidity and broadened participation once absorbed – provided they coincide with still-rising earnings. Historically, well-telegraphed IPO cycles in bull markets have deepened liquidity and broadened participation once absorbed. https://www.businesstimes.com.sg/singapore/pm-wong-deliver-national-day-rally-speech-aug-23 The Business Times en 2026-06-12T14:59:03+08:00 PM Wong to deliver National Day Rally speech on Aug 23 https://cassette.sphdigital.com.sg/image/businesstimes/e83a480828dad9921a8c38ce4f5895c1bd6d8f4b5b5046792b970aee6c349c14 PM Lawrence Wong speaking during the National Day Rally held at ITE College Central on Aug 17, 2025. The Aug 23 event will be PM Wong’s third National Day Rally. PM Lawrence Wong speaking during the National Day Rally held at ITE College Central on Aug 17, 2025. The Aug 23 event will be PM Wong’s third National Day Rally. https://www.businesstimes.com.sg/international/uk-economy-shrinks-april-iran-war-starts-take-its-toll The Business Times en 2026-06-12T14:44:44+08:00 UK economy shrinks in April as Iran war starts to take its toll https://cassette.sphdigital.com.sg/image/businesstimes/fd04cee37f90409c3e3f5f60e9097001ae567e41d99d44b66e8d7ec729f49f8b Britain's GDP declined 0.1 per cent following gains in the previous two months, the Office for National Statistics said on Friday. Britain's GDP declined 0.1% in April following gains in the previous two months, says the Office for National Statistics. https://www.businesstimes.com.sg/companies-markets/banking-finance/singapore-banks-rout-new-china-scrutiny-wealth-flows-overblown-maybank The Business Times en 2026-06-12T14:38:54+08:00 Singapore banks’ rout on new China scrutiny of wealth flows ‘overblown’: Maybank https://cassette.sphdigital.com.sg/image/businesstimes/bfe66a5e7251170153bb55b4a2e42a65986ad389fbaec52ca5c548d5d0c05066 The market anxiety stemmed from fears that China's tighter framework could restrict North Asian wealth management pipelines. The market anxiety stems from fears that China's tighter framework could restrict North Asian wealth management pipelines. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/nvidia-begins-vera-cpu-sales-pitch-chinese-clients-sources The Business Times en 2026-06-12T14:33:27+08:00 Nvidia begins Vera CPU sales pitch to Chinese clients: sources https://cassette.sphdigital.com.sg/image/businesstimes/6676520cb830c278796fc38c58c0b9fb5ea13f73e4e72aa52bc1333b3e5a3328 Nvidia CEO Jensen Huang introduces the Vera Rubin architecture during a keynote speech on the sidelines of the Computex trade show in Taipei on Jun 1. Nvidia CEO Jensen Huang introduces the Vera Rubin architecture during a keynote speech on the sidelines of the Computex trade show in Taipei on Jun 1. https://www.businesstimes.com.sg/international/asean/vietnam-police-bust-group-planning-large-scale-online-scam-centre The Business Times en 2026-06-12T14:18:02+08:00 Vietnam police bust group planning large-scale online scam centre https://cassette.sphdigital.com.sg/image/businesstimes/a00aab3e42339da84d7a15712e3b8902818b7a87d613a716076df2c261e1a613 Authorities in Sri Lanka have set up a new cybercrimes unit and say they have arrested more than 1,000 people this year alone. Investigators say that many of them had previously worked at scam centres in Cambodia. https://www.businesstimes.com.sg/opinion-features/more-cancer-survivors-are-returning-work-are-employers-ready-support-them The Business Times en 2026-06-12T14:00:00+08:00 More cancer survivors are returning to work. Are employers ready to support them? https://cassette.sphdigital.com.sg/image/businesstimes/8f9b38294efee7a1362b5e6dd6d129d1ee0efdbe18af2352be4648e4e90c093d More cancer survivors are returning to work, but many continue to cope with fatigue, “brain fog” and other lasting effects of treatment that remain largely unseen in the workplace. More cancer survivors are returning to work, but many continue to cope with fatigue, “brain fog” and other lasting effects of treatment that remain largely unseen in the workplace. https://www.businesstimes.com.sg/companies-markets/banking-finance/pboc-asks-big-banks-curb-interbank-lending-ease-cash-glut-sources The Business Times en 2026-06-12T13:48:38+08:00 PBOC asks big banks to curb interbank lending to ease cash glut: sources https://cassette.sphdigital.com.sg/image/businesstimes/8c4499540dfff78f0c362360eba5482860860883357823d1835277e3d6fe5e20 The People’s Bank of China’s action signals officials are becoming unwilling to tolerate money market rates they deem too low. The People’s Bank of China’s action signals officials are becoming unwilling to tolerate money market rates they deem too low. https://www.businesstimes.com.sg/property/hk563-million-sale-mansion-singapore-citizen-among-hong-kongs-largest-property-deals-2026 The Business Times en 2026-06-12T13:18:24+08:00 HK$563 million sale of mansion to Singapore citizen among Hong Kong’s largest property deals in 2026 https://cassette.sphdigital.com.sg/image/businesstimes/9a1dbbb475de05b5278f9d45c66f3b885c6b52c0deb244eea87d90cfc1bff63d The mansion is located in Shek O, a tranquil enclave on the eastern edge of Hong Kong Island. The mansion is located in Shek O, a tranquil enclave on the eastern edge of Hong Kong Island. https://www.businesstimes.com.sg/international/china-investors-being-shut-out-some-american-ai-firms-including-spacex-go-public-sources The Business Times en 2026-06-12T12:57:04+08:00 China investors being shut out as some American AI firms, including SpaceX, go public: sources https://cassette.sphdigital.com.sg/image/businesstimes/34fa60cb0d94ebe22fcb133291081428c593ec640dd98fbf413ffb0d2d70f06c News that SpaceX would bar Chinese investors from its IPO was reported earlier by Bloomberg. News that SpaceX would bar Chinese investors from its IPO was reported earlier by Bloomberg. https://www.businesstimes.com.sg/property/luxury-retail-goes-big-can-singapores-orchard-road-keep The Business Times en 2026-06-12T12:38:53+08:00 As luxury retail goes big, can Singapore’s Orchard Road keep up?  https://cassette.sphdigital.com.sg/image/businesstimes/ab5ee44f4416bd3550639018f38198d62d606c539f0b3b207b39a4f6bc7da4f5 Singapore continues to be an important market for big luxury houses. Singapore continues to be an important market for big luxury houses, such as Hermes and Chanel. https://www.businesstimes.com.sg/property/whats-wrong-orchard-road-experts-weigh-streets-cachet-and-its-future The Business Times en 2026-06-12T12:32:08+08:00 What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future https://cassette.sphdigital.com.sg/image/businesstimes/40f52279e891ccaeea46b13e0f1ca412fc6f02cb7cae6540a0342158a2f6430a Orchard Road Some industry watchers wonder if Orchard Road can hold its own next to competing retail destinations, both global and local. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/ai-boom-drives-memory-chip-prices-insane-levels-us-adding-inflation-pressures The Business Times en 2026-06-12T12:25:14+08:00 AI boom drives memory chip prices to ‘insane’ levels in US, adding to inflation pressures https://cassette.sphdigital.com.sg/image/businesstimes/61bf07e3516904ff4db251c3075b5276f610a99eb10fa32098014c279ffe57e0 RAM chips that sold for US$100 six months ago are an “insane” US$300 now, so customers may be better off just buying a new computer. RAM chips that sold for US$100 six months ago are an “insane” US$300 now, so customers may be better off just buying a new computer. https://www.businesstimes.com.sg/opinion-features/economic-boost-2026-fifa-world-cup-may-not-live-hype The Business Times en 2026-06-12T12:00:00+08:00 Economic boost from 2026 Fifa World Cup may not live up to the hype https://cassette.sphdigital.com.sg/image/businesstimes/7e9dd5c189b5b16cb194b8da588573455903cf784f094655fd57d6891bcbf281 Fifa projects that the World Cup could inject more than US$40 billion to global GDP, despite the significant challenges lying ahead. Fifa projects that the World Cup could inject more than US$40 billion to global GDP, despite the significant challenges lying ahead. https://www.businesstimes.com.sg/international/asean/singapore-world-dell-technologies-taps-talent-here-scale The Business Times en 2026-06-12T12:00:00+08:00 From Singapore to the world, Dell Technologies taps talent here to scale up https://cassette.sphdigital.com.sg/image/businesstimes/4749462a33747a1e8e21c1679f1ef0ed75b85695621ec77f940cec76d17ad1f7 Dell brings more than just the traditional IT hardware for customers, said Andy Sim, vice president and managing director, Singapore, Dell Technologies Dell brings more than just the traditional IT hardware for customers, says Andy Sim, vice-president and managing director of Dell Technologies Singapore. https://www.businesstimes.com.sg/international/asean/bank-indonesias-new-mandate-faces-first-market-test-after-rate-hike The Business Times en 2026-06-12T11:58:42+08:00 Bank Indonesia’s new mandate faces first market test after rate hike https://cassette.sphdigital.com.sg/image/businesstimes/cbf89e0fbaddaccf372eeb18e83bf0e54cf7947318d1f6dec88ffe5bdc8c25b1 If investors become unsure whether BI is prioritising growth, inflation or exchange-rate stability, risk premiums rise and policy credibility weakens, says an economist. If investors become unsure whether BI is prioritising growth, inflation or exchange-rate stability, risk premiums rise and policy credibility weakens, says an economist. https://www.businesstimes.com.sg/companies-markets/banking-finance/futu-founder-brother-leaf-humbled-china-broker-crackdown The Business Times en 2026-06-12T11:51:04+08:00 Futu founder ‘Brother Leaf’ humbled by China broker crackdown https://cassette.sphdigital.com.sg/image/businesstimes/e4ed3c798e4a35682fa1f5a5f298a1083cb353ed10bc7ff27fa8cd115b1ece99 Futu founder Leaf Li is accelerating a global push away from China, which could help him bounce back. Futu founder and billionaire Leaf Li is accelerating a global push away from China, which could help him bounce back. https://www.businesstimes.com.sg/international/china-confronts-g7-during-macrons-call-defending-free-trade The Business Times en 2026-06-12T11:26:10+08:00 China confronts G7 during Macron’s call by defending free trade https://cassette.sphdigital.com.sg/image/businesstimes/6f1eb0ee732d87f70adcbeb6cbc3aabe1004838124acbb447ff224bd854cfac1 Zhang Guoqing has previously travelled to France multiple times, including for the Nuclear Energy Summit in March. While Zhang Guoqing (above), China’s representative on the G7 call, does not usually handle trade matters, Macron has framed his participation as diplomatic progress. https://www.businesstimes.com.sg/international/south-korea-court-sentences-ex-president-yoon-30-year-jail-term-drone-case The Business Times en 2026-06-12T11:04:05+08:00 South Korea court sentences ex-president Yoon to 30-year jail term in drone case https://cassette.sphdigital.com.sg/image/businesstimes/d6aaa4493106bcf0ba9c12c29ae81210a0109f5cfdc2fcecf86b55fae68d3388 While Yoon Suk-yeol’s bid to impose martial law lasted only about six hours before it was met by large street protests and voted down by parliament, it sent shockwaves through South Korea. Yoon’s 2024 martial law order plunged South Korea into its deepest political turmoil in decades. https://www.businesstimes.com.sg/international/asean/shock-pump-indonesias-pertamax-price-hike-fuels-cost-worries-middle-class The Business Times en 2026-06-12T10:52:28+08:00 Shock at the pump: Indonesia’s Pertamax price hike fuels cost worries for middle class https://cassette.sphdigital.com.sg/image/businesstimes/894358b8146a0cd9175a0271e3b33d0681a05fdf33558956139804e24091fa1d Long queues have already been observed at many pump stations across the country as motorists switch from Pertamax to Pertalite. Long queues have already been observed at many pump stations across the country as motorists switch from Pertamax to Pertalite. https://www.businesstimes.com.sg/international/china-learns-live-less-fuel-relief-oil-markets The Business Times en 2026-06-12T10:43:21+08:00 China learns to live on less fuel, to the relief of oil markets https://cassette.sphdigital.com.sg/image/businesstimes/f93a6896e2d4d6e806696c289c0d2420de4ede4de5d6ce156c3da328e18409ab Chinese travelers are changing the way they travel: rail journeys grew by about 10% year on year in March and April. Chinese travelers are changing the way they travel: rail journeys grew by about 10% year on year in March and April. https://www.businesstimes.com.sg/international/asean/philippine-defence-chief-teodoro-vows-press-against-chinas-wickedness-after-sanctions The Business Times en 2026-06-12T10:37:52+08:00 Philippine defence chief Teodoro vows to press on against China’s ‘wickedness’ after sanctions https://cassette.sphdigital.com.sg/image/businesstimes/1ed03c83ac58635f1023bf1b02af13307e3e67cdfc84107e6b2ece77220f0982 “That is truly what they do to those who speak the truth against their deception,” Philippine Defence Secretary Teodoro said in a statement on Jun 12. “That is truly what they do to those who speak the truth against their deception,” Philippine Defence Secretary Teodoro said in a statement on Jun 12. https://www.businesstimes.com.sg/singapore/singapore-announces-new-road-map-improve-standards-and-conformance-capabilities-partnerships The Business Times en 2026-06-12T10:30:00+08:00 Singapore announces new road map to improve standards and conformance capabilities, partnerships https://cassette.sphdigital.com.sg/image/businesstimes/23df76b863632337c559e2d00228423590281e8d806a482646d45f0f1f633f65 The new roadmap aims to “build and deepen trust, so that assurance earned in one market can be recognised, understood and accepted in another”, says DPM Gan. DPM Gan says the new road map aims to “build and deepen trust, so that assurance earned in one market can be recognised, understood and accepted in another”. https://www.businesstimes.com.sg/companies-markets/banking-finance/bank-korea-governor-says-interest-rates-be-raised-time The Business Times en 2026-06-12T10:29:52+08:00 Bank of Korea governor says interest rates to be raised ‘on time’ https://cassette.sphdigital.com.sg/image/businesstimes/f276c2734b5144947e4041b44b02ffcf7a70c415398cf2c4daf20188b0e27ab5 Inflation is expected to exceed the target level for a considerable period of time, Bank of Korea (BOK) governor says. Inflation is expected to exceed the target level for a considerable period of time, Bank of Korea governor says. https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/alibaba-bids-us1-5-billion-china-grocer-fight-meituan The Business Times en 2026-06-12T10:12:20+08:00 Alibaba bids US$1.5 billion for China grocer in fight with Meituan https://cassette.sphdigital.com.sg/image/businesstimes/53260268b7c3c4fc47a850e55db1d55ea8d1b2da63f668f7e75ab73f1131cd0d Alibaba’s aggressive offer underscores its determination to prevail in an intensifying battle between three giants of Chinese online commerce. Alibaba’s aggressive offer underscores its determination to prevail in an intensifying battle between three giants of Chinese online commerce. https://www.businesstimes.com.sg/companies-markets/singapore-kitchen-equipment-defends-move-keep-ceo-senior-manager-jobs-despite-criminal-charges The Business Times en 2026-06-12T10:10:49+08:00 Singapore Kitchen Equipment defends move to keep CEO, senior manager in jobs despite criminal charges https://cassette.sphdigital.com.sg/image/businesstimes/6054b485ba7482013d57206b4fc2d8ea7104b19649233c597554c70e0b0eb01a Singapore Kitchen Equipment was founded by husband-and-wife duo Sally Chua (left) and Alan Lee. Singapore Kitchen Equipment was founded by husband-and-wife duo Chua Chwee Choo (left) and Alan Lee. https://www.businesstimes.com.sg/international/asean/upcoming-state-polls-johor-negeri-sembilan-likely-preview-malaysias-national-elections The Business Times en 2026-06-12T10:04:35+08:00 Upcoming state polls in Johor, Negeri Sembilan a likely preview of Malaysia’s national elections https://cassette.sphdigital.com.sg/image/businesstimes/ba916e861e89e3b31a5e99501841fd60626abd9f2f6f78cbebc3fb8e79ba7dd6 Malaysia's Prime Minister Anwar Ibrahim speaks at the Nikkei Forum 'Future of Asia' in Tokyo on Jun 10. In May, he publicly raised the prospect of calling snap polls.  Malaysia's Prime Minister Anwar Ibrahim speaks at the Nikkei Forum 'Future of Asia' in Tokyo on Jun 10. In May, he publicly raised the prospect of calling snap polls.  https://www.businesstimes.com.sg/companies-markets/banking-finance/bank-japan-set-hike-rates-31-year-high-drop-hawkish-signals The Business Times en 2026-06-12T09:49:07+08:00 Bank of Japan set to hike rates to 31-year high, drop hawkish signals https://cassette.sphdigital.com.sg/image/businesstimes/984f143dfc06610a23886a8f5ec6ce8e5c92e21bc4068d87e46b4513c1d70464 The BOJ will likely stress its resolve to keep raising rates as the energy shock, rising import costs from a weak yen and a tight labour market fan inflation risks. The BOJ will likely stress its resolve to keep raising rates as the energy shock, rising import costs from a weak yen and a tight labour market fan inflation risks. https://www.businesstimes.com.sg/international/asean/thai-kings-eldest-daughter-dies-aged-47-after-long-illness-royal-palace The Business Times en 2026-06-12T09:34:48+08:00 Thai king’s eldest daughter dies, aged 47, after long illness: Royal Palace https://cassette.sphdigital.com.sg/image/businesstimes/3d4007e4f2ea6da8d3d5aec5006922b827548d155650f7d68db96c9791869466 Princess Bajrakitiyabha Narendira Debyavati died on Thursday evening after her condition worsened. Princess Bajrakitiyabha Narendira Debyavati died on Thursday evening after her condition worsened. https://www.businesstimes.com.sg/companies-markets/banking-finance/deutsche-bank-names-robert-huray-south-east-asia-investment-banking-head The Business Times en 2026-06-12T09:33:49+08:00 Deutsche Bank names Robert Huray South-east Asia investment banking head https://cassette.sphdigital.com.sg/image/businesstimes/672ff3d05111bad72b4c4096f36f5445dd875ad065e035069aedca6d37b4ca14 Deutsche Bank is seeking to expand its South-east Asia franchise. Deutsche Bank is seeking to expand its South-east Asia franchise. https://www.businesstimes.com.sg/opinion-features/moonshot-markets-understand-mechanics-plunging-spacexs-mega-ipo The Business Times en 2026-06-12T09:30:00+08:00 From moonshot to markets: Understand the mechanics before plunging into SpaceX’s mega IPO https://cassette.sphdigital.com.sg/image/businesstimes/c36f3422b38d58a3b03796ace91c822efad561386f28b1b70091843f056b3bfd FILE PHOTO: SpaceX logo and Elon Musk silhouette are seen in this illustration taken, December 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo The SpaceX logo and an Elon Musk silhouette are seen in this illustration. SpaceX will make its debut on the Nasdaq on Jun 12. https://www.businesstimes.com.sg/companies-markets/banking-finance/beijings-investment-clampdown-clouds-outlook-hong-kong-banks-insurers The Business Times en 2026-06-12T09:21:00+08:00 Beijing’s investment clampdown clouds outlook for Hong Kong banks, insurers https://cassette.sphdigital.com.sg/image/businesstimes/b8e5cd862a7d8ed314671ca1d5b9eec12969116969a19d25044f9f58cbf6edd1 Caution among the financial firms and mainland investors could weigh on sales of insurance policies, wealth management products and stock offerings in Hong Kong. Caution among the financial firms and mainland investors could weigh on sales of insurance policies, wealth management products and stock offerings in Hong Kong. https://www.businesstimes.com.sg/companies-markets/spacex-scores-record-us75b-ipo-retail-investors-can-turn-etfs-piece-space-economy The Business Times en 2026-06-12T08:51:09+08:00 As SpaceX scores a record US$75b IPO, retail investors can turn to ETFs for a piece of the space economy https://cassette.sphdigital.com.sg/image/businesstimes/b0a5b55e38bb4a095c61c025d0534742ac5dc6cf089175ce35f711a53dcb8a2e Space sector-focused exchange-traded funds can be bought via retail brokerage platforms, similar to US-listed stocks and funds. Space sector-focused exchange-traded funds can be bought via retail brokerage platforms, similar to US-listed stocks and funds. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/adobes-cfo-departs-while-company-also-searches-new-ceo The Business Times en 2026-06-12T08:48:13+08:00 Adobe’s CFO departs while company also searches for new CEO https://cassette.sphdigital.com.sg/image/businesstimes/320e508a20ddcef7a986618d8068e8db02adf3fd71f2a73b3b0dd2439d7e6001 Generative AI has made it easier to create visual media without Adobe’s expensive offerings and many of the most popular new AI tools are built by competitors. Generative AI has made it easier to create visual media without Adobe’s expensive offerings and many of the most popular new AI tools are built by competitors. https://www.businesstimes.com.sg/companies-markets/stocks-watch-cdl-singapore-kitchen-equipment The Business Times en 2026-06-12T08:31:51+08:00 Stocks to watch: CDL, Singapore Kitchen Equipment https://cassette.sphdigital.com.sg/image/businesstimes/2fb1a45fbefb18288bd48c0c60fc8aa15060a503e240885edfa05f99ab4a25d7 A tie-up between CDL and Hong Realty on Thursday has placed the top bid of S$542.4 million for a 99-year leasehold private housing site in Peck Hay Road. A tie-up between CDL and Hong Realty has placed the top bid of S$542.4 million for a 99-year leasehold private housing site in Peck Hay Road. https://www.businesstimes.com.sg/singapore/economy-policy/rate-hikes-unlikely-despite-hot-inflation-and-strong-jobs-us-amundi The Business Times en 2026-06-12T08:31:46+08:00 Rate hikes unlikely despite hot inflation and strong jobs in US: Amundi https://cassette.sphdigital.com.sg/image/businesstimes/78a35c53e1c07082dcfe41d9221944ce6ad4e4dcfe2e73e3b57533ea9cb32b12 Former Fed chair Janet Yellen speaking with Amundi CEO Valerie Baudson at Amundi World Investment Forum 2026. Former Fed chair Janet Yellen (left) speaking with Amundi CEO Valerie Baudson at the Amundi World Investment Forum 2026. https://www.businesstimes.com.sg/companies-markets/banking-finance/indonesias-danantara-unit-raises-us1-5-billion-debut-dollar-bond The Business Times en 2026-06-12T08:19:58+08:00 Indonesia’s Danantara unit raises US$1.5 billion in debut dollar bond https://cassette.sphdigital.com.sg/image/businesstimes/d31e08bf946b5a575b9347f196844f0c145ff37c5239f161459370f3f4af58e4 Danantara Investment Management will use the proceeds for general corporate purposes, including investments and refinancing existing debt. Danantara Investment Management will use the proceeds for general corporate purposes, including investments and refinancing existing debt. https://www.businesstimes.com.sg/companies-markets/asian-stocks-joins-global-rally-us-iran-breakthrough-hopes The Business Times en 2026-06-12T08:08:00+08:00 Asian stocks joins global rally on US-Iran breakthrough hopes https://cassette.sphdigital.com.sg/image/businesstimes/12b84284178093210a68bd6e16512e02027ad755fd90a34736dabe7d9746114c Equity-index futures for Japan, Australia and Hong Kong pointed to gains at the open Equity-index futures for Japan, Australia and Hong Kong pointed to gains at the open https://www.businesstimes.com.sg/international/global/spacex-ipo-makes-elon-musk-worlds-first-trillionaire The Business Times en 2026-06-12T07:30:57+08:00 SpaceX IPO makes Elon Musk the world’s first trillionaire https://cassette.sphdigital.com.sg/image/businesstimes/2652bc21f29c1467e85006cdd787b246133650d6d70ccecaabdf077b0ea85106 Most of Elon Musk’s wealth now rests with SpaceX, where he holds a stake worth roughly US$866 billion Most of Elon Musk’s wealth now rests with SpaceX, where he holds a stake worth roughly US$866 billion. https://www.businesstimes.com.sg/companies-markets/energy-commodities/trafigura-and-vitol-sell-more-venezuelan-oil-asia-war-roils-supply The Business Times en 2026-06-12T07:10:21+08:00 Trafigura and Vitol sell more Venezuelan oil to Asia as war roils supply https://cassette.sphdigital.com.sg/image/businesstimes/0503d1b0a5219ecb2ce6d9c1c65958980186aaca257424bd8f7f6bc7d3010399 The increase in offers to Asia comes as the Iran war limits tanker traffic through the vital Strait of Hormuz and a peace deal appears elusive. The increase in offers to Asia comes as the Iran war limits tanker traffic through the vital Strait of Hormuz and a peace deal appears elusive. https://www.businesstimes.com.sg/companies-markets/keppel-eyes-constrained-markets-next-frontier-data-centre-growth The Business Times en 2026-06-12T07:00:00+08:00 Keppel eyes constrained markets as next frontier of data centre growth https://cassette.sphdigital.com.sg/image/businesstimes/ce417f0e191176b8e534fbbb6540254772766c6140bf7bd5f55138903e2e6247 “The whole world is running out of power,” said Wong Wai Meng, CEO of Keppel's data centre business “The whole world is running out of power,” says Wong Wai Meng, CEO of Keppel's data centre business. https://www.businesstimes.com.sg/companies-markets/oiltek-marco-polo-marine-nam-cheong-okp-singapore-boutique-fund-bets-big-sgx-small-caps The Business Times en 2026-06-12T07:00:00+08:00 Oiltek, Marco Polo Marine, Nam Cheong, OKP – Singapore boutique fund bets big on SGX small caps https://cassette.sphdigital.com.sg/image/businesstimes/888715797afdfc419d824dd2aefd4c914fa5cbbd48489c91b5730f40eea6b327 The AGT team includes (from left) director and portfolio manager Avrian Tan; CEO and chief investment officer Gregory See; and director and portfolio manager Tim Kusumo. The AGT team includes (from left) director and portfolio manager Avrian Tan; CEO and chief investment officer Gregory See; and director and portfolio manager Tim Kusumo. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/global-tech-sell-start-bear-market-or-just-correction-what-experts-say The Business Times en 2026-06-12T07:00:00+08:00 Is the global tech sell-off the start of a bear market or just a correction? What experts say https://cassette.sphdigital.com.sg/image/businesstimes/e58464b9de42b718533825a9107cddeb9bf5085ac19691c5393a009c99a9ccba A correction is typically defined as a dip of 10% or more in a stock index and asset’s market peak, while a bear market refers to a more prolonged fall of 20% or more. A correction is typically defined as a dip of 10% or more in a stock index and asset’s market peak, while a bear market refers to a more prolonged fall of 20% or more. https://www.businesstimes.com.sg/international/global/spacex-ipo-raises-us75-billion-biggest-debut-all-time The Business Times en 2026-06-12T06:57:44+08:00 SpaceX IPO raises US$75 billion in biggest debut of all time https://cassette.sphdigital.com.sg/image/businesstimes/60377e32726468cf9f9741f3edc43ddd4d01d68c7f754f1c2852d96b6c8b857e SpaceX building SpaceX will rank seventh among US-listed firms when its shares begin trading on the Nasdaq on Jun 12 (US Eastern time). https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-jumps-after-trump-signals-us-iran-truce-deal-close The Business Times en 2026-06-12T06:44:18+08:00 Gold jumps after Trump signals US-Iran truce deal is close https://cassette.sphdigital.com.sg/image/businesstimes/c7759ccf122b003c7074d5cfce7dd6a02a041e4913ea7a7e5b631fc7e4eb3068 Higher rates are typically negative for gold. Higher rates are typically negative for gold. https://www.businesstimes.com.sg/international/global/trump-says-iran-war-deal-close-strait-hormuz-tensions-linger The Business Times en 2026-06-12T06:32:56+08:00 Trump says Iran war deal close as Strait of Hormuz tensions linger https://cassette.sphdigital.com.sg/image/businesstimes/a0c5135c3ffd444c6527ab6c1366f116b6b1efd466af4d6866f63f71acd14e20 Trump said US Vice-President JD Vance could sign the deal for the United States. Trump said US Vice-President JD Vance could sign the deal for the United States. https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-tumbles-trump-signals-us-drawing-closer-deal-iran The Business Times en 2026-06-12T06:20:00+08:00 Oil tumbles as Trump signals US drawing closer to deal with Iran https://cassette.sphdigital.com.sg/image/businesstimes/6e1492bf3d859ad8f0f5a40246fc0231096de443fb9d2f7c4a6f18f9037a1de5 Oil prices are down by more than a quarter from their Iran-conflict peak, even as a lasting peace deal has remained elusive Oil prices are down by more than a quarter from their Iran-conflict peak, even as a lasting peace deal has remained elusive https://www.businesstimes.com.sg/lifestyle/audemars-piguet-and-tag-heuer-explore-new-ground-collaboration-timepieces The Business Times en 2026-06-12T06:00:00+08:00 Audemars Piguet and Tag Heuer explore new ground with collaboration timepieces https://cassette.sphdigital.com.sg/image/businesstimes/878bf41cdb398a32b92a5757b798966902822bdf6deab52544fea117a2b49db8 Yoon Ahn, creative director and one-half of Ambush, wears the Audemars Piguet Royal Oak Concept Flying Tourbillon. Yoon Ahn, creative director and one-half of Ambush, wears the Audemars Piguet Royal Oak Concept Flying Tourbillon. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/wall-street-indexes-jump-trump-says-strikes-against-iran-cancelled The Business Times en 2026-06-12T05:56:23+08:00 Wall Street indexes jump, Trump says strikes against Iran cancelled https://cassette.sphdigital.com.sg/image/businesstimes/c62a6ed8920e4eebb8d3bf8a88db3ac3da47a7ae0b2031888e583018793dd50f The S&P 500 has pulled back since hitting a record closing high in early June, with the Middle East conflict stoking inflationary pressures. The S&P 500 has pulled back since hitting a record closing high in early June, with the Middle East conflict stoking inflationary pressures. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-snap-four-day-losing-streak-investors-weigh-ecb-rate-hike The Business Times en 2026-06-12T05:38:00+08:00 European shares snap four-day losing streak as investors weigh ECB rate hike https://cassette.sphdigital.com.sg/image/businesstimes/818996a93201015fca065b0285521a27847ea7c317d72a195a108dd9f1e75831 Traders still expect borrowing costs to rise another 25 basis points before the end of the year, according to LSEG-compiled data. Traders still expect borrowing costs to rise another 25 basis points before the end of the year, according to LSEG-compiled data. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-wall-street-ticks-chips-rebound-middle-east-focus The Business Times en 2026-06-11T22:45:33+08:00 US stocks: Wall Street ticks up as chips rebound, Middle East in focus https://cassette.sphdigital.com.sg/image/businesstimes/1340c7818b397e21d09d5e77bb71a748adbdaecca817d915b00336108c34aadc All three major US indices rose in early trading on Thursday. All three major US indices rose in early trading on Thursday. https://www.businesstimes.com.sg/companies-markets/banking-finance/long-term-care-not-just-age-related-issue-great-eastern The Business Times en 2026-06-11T22:34:29+08:00 Long-term care is not just an age-related issue: Great Eastern https://cassette.sphdigital.com.sg/image/businesstimes/5ea48f43e110fa4b923b06cc21fa72d9454eafa464465ffe94d41e421a2a2a68 A new study released on Thursday by Great Eastern found that while a majority of Singaporeans prefer home-based care for long-term care needs, many underestimate the financial and emotional pressures involved. A new study released on Thursday (Jun 11) by Great Eastern has found that while most Singaporeans prefer home-based care for long-term care needs, many underestimate the financial and emotional pressures involved. https://www.businesstimes.com.sg/international/global/world-bank-cuts-global-growth-outlook-2-5-warns-drop-1-3-if-war-fallout-spreads-markets The Business Times en 2026-06-11T22:00:23+08:00 World Bank cuts global growth outlook to 2.5%, warns of drop to 1.3% if war fallout spreads to markets https://cassette.sphdigital.com.sg/image/businesstimes/56e16cc6415146f31900cf5078bc6d8e518a7f60bb0d11da1cc62fa18e8b17e6 Vessels anchored in the Strait of Hormuz as seen from Musandam, Oman, June 8, 2026. Vessels anchored in the Strait of Hormuz as seen from Musandam, Oman, June 8, 2026. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/spacex-ipo-draws-more-us70-billion-retail-orders The Business Times en 2026-06-11T21:48:49+08:00 SpaceX IPO draws more than US$70 billion in retail orders https://cassette.sphdigital.com.sg/image/businesstimes/7027db95f1cce6e55632d7155ac1c65073b9f1f89d850ce630a022e94f852ec5 Retail investors are expected to be allocated at least 20 per cent of the available shares, sources said. Retail investors are expected to be allocated at least 20 per cent of the available shares, sources said. https://www.businesstimes.com.sg/international/china-sanctions-philippine-defence-secretary-over-erroneous-remarks The Business Times en 2026-06-11T21:10:16+08:00 China sanctions Philippine defence secretary over ‘erroneous remarks’ https://cassette.sphdigital.com.sg/image/businesstimes/bb93b3aa8748e69ceec7df18008f725a287d9aa0cbf2ee93e8afd894d38c77a3 Gilberto Teodoro (pictured), his spouse and children are prohibited from entering mainland China, Hong Kong and Macau, China's foreign ministry said. Gilberto Teodoro (pictured), his spouse and children are prohibited from entering mainland China, Hong Kong and Macau, China's foreign ministry said. https://www.businesstimes.com.sg/international/global/trump-vows-strike-iran-thursday-if-it-holds-out-deal The Business Times en 2026-06-11T20:57:29+08:00 Trump vows to strike Iran on Thursday if it holds out on deal https://cassette.sphdigital.com.sg/image/businesstimes/bab46b58940ab6bc7750fc6e53ef064312056c8541da8dbaf083bd1f02309c5e A plume of smoke rises in Karaj, Iran, June 11, 2026. A plume of smoke rises in Karaj, Iran, June 11, 2026. https://www.businesstimes.com.sg/companies-markets/energy-commodities/opec-lowers-2026-global-oil-demand-growth-forecast-again The Business Times en 2026-06-11T20:53:52+08:00 Opec lowers 2026 global oil demand growth forecast again https://cassette.sphdigital.com.sg/image/businesstimes/482cb6c15d4f0c617361c33beb8b917093378bdbdc60cc03b47b244daed6c8f6 Based on the report on OPEC’s website, it also raises its forecast for 2027 oil demand growth. Based on the report on OPEC’s website, it also raises its forecast for 2027 oil demand growth. https://www.businesstimes.com.sg/companies-markets/banking-finance/ecb-raises-rates-nip-war-led-inflation-bud The Business Times en 2026-06-11T20:42:42+08:00 ECB raises rates to nip war-led inflation in the bud https://cassette.sphdigital.com.sg/image/businesstimes/320d0a20fd6875bb4b89780bd7a243eefd8a183af20da629454972ec17d29f78 Several ECB watchers had characterised the move as an “insurance hike” - a precautionary step that could be reversed if price pressures fade. Several ECB watchers had characterised the move as an “insurance hike” - a precautionary step that could be reversed if price pressures fade. https://www.businesstimes.com.sg/international/euro-awaits-ecb-rate-hike-dollar-muted The Business Times en 2026-06-11T20:21:57+08:00 Euro awaits ECB rate hike, dollar muted https://cassette.sphdigital.com.sg/image/businesstimes/96ec70ae86f1a7f62fe62210540cf65a577c2fd282b2009ad02975c0f8fe790b The common European currency was steady on the day at US$1.1536. The common European currency was steady on the day at US$1.1536. https://www.businesstimes.com.sg/companies-markets/thai-hospitality-group-minor-international-said-mull-singapore-ipo-instead-hong-kong The Business Times en 2026-06-11T19:56:54+08:00 Thai hospitality group Minor International said to mull Singapore IPO instead of Hong Kong https://cassette.sphdigital.com.sg/image/businesstimes/9e232dc355a019c392aff5e3d6f2f86a17abc85033e2bebd5e274444c0db6ab8 William Heinecke, the founder of Minor International. William Heinecke, the founder of Minor International. https://www.businesstimes.com.sg/international/global/ai-sparks-alarm-china-call-protect-worker-rights The Business Times en 2026-06-11T19:43:59+08:00 AI sparks alarm in China with call to protect worker rights https://cassette.sphdigital.com.sg/image/businesstimes/1bb7af5f5a8f1742cef273c12c340169a4e3bc6567ba2b637f720696213c0c48 An employee assembles robots at Beijing Innovation Centre of Humanoid Robotics in Beijing, China, March 20, 2026. An employee assembles robots at Beijing Innovation Centre of Humanoid Robotics in Beijing, China, March 20, 2026. https://www.businesstimes.com.sg/lifestyle/alcohol-drinking-will-shrink-next-decade-research-finds The Business Times en 2026-06-11T18:46:51+08:00 Alcohol drinking will shrink in the next decade, research finds  https://cassette.sphdigital.com.sg/image/businesstimes/e1758614f525c35979ce4132d348bf6978f277243626ea985d89706cf58a98f6 Spirits, beer and wine will all lose volumes by 2035 under IWSR’s forecast, as newer types of drink, such as canned cocktails, take their place. Spirits, beer and wine will all lose volumes by 2035 under IWSR’s forecast, as newer types of drink, such as canned cocktails, take their place. https://www.businesstimes.com.sg/international/daily-debrief-what-happened-today-jun-112 The Business Times en 2026-06-11T18:45:00+08:00 Daily Debrief: What Happened Today (Jun 11) https://cassette.sphdigital.com.sg/image/businesstimes/90d328bbbcc7ba5a5ad9525550ba33a6970b8837d261d6024a9053c11afb4e5a Derivatives traded volume increases 20% year on year to 30.5 million contracts in May, while daily average volume for derivatives gains 27% to 1.6 million contracts. Derivatives traded volume increases 20% year on year to 30.5 million contracts in May, while daily average volume for derivatives gains 27% to 1.6 million contracts. https://www.businesstimes.com.sg/companies-markets/singapore-stocks-close-higher-sti-0-6 The Business Times en 2026-06-11T18:31:34+08:00 Singapore stocks close higher; STI up 0.6% https://cassette.sphdigital.com.sg/image/businesstimes/835e5bfcf67dab606b44255527df5f88ada60c5add96626a537934472ee5697f The benchmark Straits Times Index is up 29.25 points at 4,988.10. The benchmark Straits Times Index is up 29.25 points at 4,988.10. https://www.businesstimes.com.sg/international/everyone-stakeholder-ai-microsoft-ceo-says The Business Times en 2026-06-11T18:27:06+08:00 ‘Everyone is a stakeholder’ in AI, Microsoft CEO says https://cassette.sphdigital.com.sg/image/businesstimes/c08c0c0d879c4b94a0f99a58683306f3bfe0110b6e456157ec4c6277a6c007e2 Microsoft CEO Satya Nadella has been steering the business, one of the largest public companies in the world, through a fierce AI race. Microsoft CEO Satya Nadella has been steering the business, one of the largest public companies in the world, through a fierce AI race. https://www.businesstimes.com.sg/lifestyle/food-drink/42-pasta-answer-offers-home-style-cooking-s42 The Business Times en 2026-06-11T18:22:18+08:00 42 Pasta is the Answer offers home-style cooking at S$42 https://cassette.sphdigital.com.sg/image/businesstimes/c2022fd506e3ee79c772813d4734cde28d53daada4c13102f1677b0c4fa3f5fc Located just outside Thomson Plaza in Singapore, the restaurant 42 Pasta is the Answer has been fully booked since it opened in late 2024. Located just outside Thomson Plaza, 42 Pasta is the Answer has been fully booked since it opened in late 2024. https://www.businesstimes.com.sg/opinion-features/columns/spacexs-ipo-success-may-rub-ambanis-listing-jio-platforms The Business Times en 2026-06-11T18:00:00+08:00 SpaceX’s IPO success may rub off on Ambani’s listing of Jio Platforms https://cassette.sphdigital.com.sg/image/businesstimes/240274d42ca6aec3cce3e90e36ba9f8204ac2bf491293a46452f689526d8ca09 Local institutions and retail savers in India may have the stomach for Jio’s US$4 billion float.  Local institutions and retail savers in India may have the stomach for Jio’s US$4 billion float.  https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/ai-predictions-consumer-plays-analysts-offer-sgx-playbook-world-cup-2026 The Business Times en 2026-06-11T17:55:18+08:00 AI predictions, consumer plays: Analysts offer SGX playbook for World Cup 2026 https://cassette.sphdigital.com.sg/image/businesstimes/5a6f372798b859444f0d0839e2968e37a71fb2078281436571f2d7b1556ac268 Maybank highlighted Raffles Medical as a less obvious beneficiary, anticipating increased demand for general practitioner consultations, on top of picks like SIA, Singtel and DBS. During World Cup years, the Straits Times Index has historically outperformed US and global equities. https://www.businesstimes.com.sg/property/cdl-hong-realty-trump-3-other-bidders-s542-4-million-offer-s1865-psf-ppr-peck-hay-plot The Business Times en 2026-06-11T17:50:38+08:00 CDL, Hong Realty trump 3 other bidders with S$542.4 million offer at S$1,865 psf ppr for Peck Hay plot https://cassette.sphdigital.com.sg/image/businesstimes/1ce70f72b3d84ded7b2a64b5eb83495c3d45ff24752e9503fadcb79c91011de8 The site in Peck Hay Road can yield about 315 private homes. The site in Peck Hay Road can yield about 315 private homes, according to URA. https://www.businesstimes.com.sg/thrive/personal-growth/i-tested-networking-experts-tips-third-place The Business Times en 2026-06-11T17:20:56+08:00 I tested a networking expert’s tips at a ‘third place’  https://cassette.sphdigital.com.sg/image/businesstimes/caa11e396c1095a0a212b0827261d5523f25e4aa497caa57ef388473e7516294 BT BT https://www.businesstimes.com.sg/companies-markets/evergreen-funds-making-inroads-asia-harbourvest The Business Times en 2026-06-11T17:10:00+08:00 Evergreen funds making inroads into Asia: HarbourVest https://cassette.sphdigital.com.sg/image/businesstimes/a75759a37ecfafe8893fbf034ba141e209ecfdbb0d88843da222be680afe1bfc Craig MacDonald, managing director at HarbourVest Investors have to understand the liquidity limits of evergreen funds before investing in them, says Craig MacDonald, managing director at HarbourVest. https://www.businesstimes.com.sg/international/asean/airasia-x-postpones-bahrain-flight-route-due-regional-conflict The Business Times en 2026-06-11T16:55:36+08:00 AirAsia X postpones Bahrain flight route due to regional conflict https://cassette.sphdigital.com.sg/image/businesstimes/3ba307bc7d0f211178ae618f578db97edcc30858473b5ad47e882f108e783fa1 AirAsia was hit hard by volatile jet fuel prices as it was forced to cut 10% of flights and introduce a surcharge of about 20% on fuel. AirAsia was hit hard by volatile jet fuel prices as it was forced to cut 10% of flights and introduce a surcharge of about 20% on fuel. https://www.businesstimes.com.sg/companies-markets/dbs-initiates-coverage-centurion-corp-buy-call-strong-bed-growth-visibility The Business Times en 2026-06-11T16:50:44+08:00 DBS initiates coverage on Centurion Corp with ‘buy’ call on strong bed growth visibility https://cassette.sphdigital.com.sg/image/businesstimes/c52b3b05dc42246a496ae3958a56a629b59bded111e95eacc0995a40aa50f114 The firm’s “earnings framework has evolved from a purely asset-heavy accommodation operator into a diversified platform with multiple income streams”., DBS analysts said. The firm’s “earnings framework has evolved from a purely asset-heavy accommodation operator into a diversified platform with multiple income streams”, say DBS analysts. https://www.businesstimes.com.sg/lifestyle/bounty-frida-kahlo-art-emerges-mexicos-restored-museum The Business Times en 2026-06-11T16:47:54+08:00 Bounty of Frida Kahlo art emerges in Mexico’s restored museum https://cassette.sphdigital.com.sg/image/businesstimes/ab998954916759192d194e5a124178796dff9b41620a1f6c9e3fd9de1bb05819 Frida Kahlo's 'A Few Small Nips' (1935) is among the pieces on display. Frida Kahlo's 'A Few Small Nips' (1935) is among the pieces on display. https://www.businesstimes.com.sg/international/asean/world-bank-says-indonesias-gdp-slow-5-2026-fiscal-pressures-rise The Business Times en 2026-06-11T16:45:40+08:00 World Bank says Indonesia’s GDP to slow to 5% in 2026 as fiscal pressures rise https://cassette.sphdigital.com.sg/image/businesstimes/fa8a5f67b4b7de34740eb855778044cfecdebeed6ff14ad3d4778e4c2cb2900b The forecast by the World Bank is lower than Indonesia’s growth projections of 5.4 per cent to 6 per cent. The forecast by the World Bank is lower than Indonesia’s growth projections of 5.4 per cent to 6 per cent. https://www.businesstimes.com.sg/international/meta-starts-unwinding-singapore-based-manus-deal-splitting-operations-data The Business Times en 2026-06-11T16:35:44+08:00 Meta starts unwinding Singapore-based Manus deal by splitting operations, data https://cassette.sphdigital.com.sg/image/businesstimes/e4161417d9b851952c32478f44d61fe2bd7135da12f2a54934da396f96b63854 It’s unclear how new owners would carve out Manus’s agentic AI technology, much of which has been integrated into Meta’s systems. Meta has barred Manus and its staff from accessing the US company’s internal data systems since the beginning of June. https://www.businesstimes.com.sg/property/cuscaden-peak-sells-50-stake-south-australia-mall-us469-million The Business Times en 2026-06-11T16:22:25+08:00 Cuscaden Peak sells 50% stake in South Australia mall for US$469 million https://cassette.sphdigital.com.sg/image/businesstimes/e7dd9e796593dbd83c4b5fb48cc253cc3560d3e54237791365a5b2a990fa24ba The price tag is 15.4% higher than Westfield Marion Shopping Centre’s latest valuation of A$580 million as at Dec 31, 2024, but in line with its original acquisition cost The price tag is 15.4% higher than Westfield Marion Shopping Centre’s latest valuation of A$580 million as at Dec 31, 2024, but in line with its original acquisition cost. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-edge-higher-ahead-ecb-rate-verdict-middle-east-tensions-eyed The Business Times en 2026-06-11T16:10:52+08:00 European shares edge higher ahead of ECB rate verdict; Middle East tensions eyed  https://cassette.sphdigital.com.sg/image/businesstimes/d82e0c3caf8baa2c817b9560d50165e38c160a12ed7118439558d7b3e89dc50d The Stoxx 600 index edged 0.3 per cent higher to 620.24 points by 0717 GMT on Thursday. The Stoxx 600 index edged 0.3 per cent higher to 620.24 points by 0717 GMT on Thursday. https://www.businesstimes.com.sg/international/asean/malaysias-sd-guthrie-working-indonesia-palm-oil-plantation-seizures-ceo The Business Times en 2026-06-11T15:58:26+08:00 Malaysia’s SD Guthrie working with Indonesia on palm oil plantation seizures: CEO https://cassette.sphdigital.com.sg/image/businesstimes/213fe19fbe73bef54e7b7146e1e30f995b82533608a4adbfd5ac562f285175fb The Indonesian task force seized around 4.1 million ha of plantations in 2025 for operating illegally in forest areas. The Indonesian task force seized around 4.1 million ha of plantations in 2025 for operating illegally in forest areas. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/alibabas-dingtalk-chief-departs-after-debate-erupts-over-ai-strategy The Business Times en 2026-06-11T15:50:22+08:00 Alibaba’s DingTalk chief departs after debate erupts over AI strategy https://cassette.sphdigital.com.sg/image/businesstimes/798130049efeeff4d4e936a1262c97567493a9d4e436048dc23ae76110ceff64 Dingtalk, known as Dingding in Chinese, plays a crucial role in Alibaba’s bid to pivot towards AI in the post-ChatGPT era. Dingtalk, known as Dingding in Chinese, plays a crucial role in Alibaba’s bid to pivot towards AI in the post-ChatGPT era. https://www.businesstimes.com.sg/international/asean/indonesian-bonds-resume-decline-market-confidence-stays-weak The Business Times en 2026-06-11T15:48:39+08:00 Indonesian bonds resume decline as market confidence stays weak https://cassette.sphdigital.com.sg/image/businesstimes/161296417f772d507c12ad2da957a669467679dbbadfd1ef8265fe02606a8c01 Indonesian markets remain volatile as investors assess whether officials can rebuild confidence shaken by President Prabowo Subianto’s interventionist agenda. Investors are assessing whether officials can rebuild confidence shaken by President Prabowo Subianto’s interventionist agenda. https://www.businesstimes.com.sg/international/japan-moves-regulate-crypto-stocks-market-growth-push The Business Times en 2026-06-11T15:20:11+08:00 Japan moves to regulate crypto like stocks in market growth push https://cassette.sphdigital.com.sg/image/businesstimes/5af71dc512738a55c33e89af5620b665a44070ee0a8fb60f41bf3d83a1d210f5 The bill seeks to tighten restrictions on crypto insider trading. The bill seeks to tighten restrictions on crypto insider trading. https://www.businesstimes.com.sg/property/uk-housing-market-slump-shows-signs-stabilising The Business Times en 2026-06-11T15:11:50+08:00 UK housing market slump shows signs of stabilising https://cassette.sphdigital.com.sg/image/businesstimes/34e84db8b854c6ebec0653dd0bb7befdfedbe1bda986888956d726e60f558d0a Caution remains dominant, however, with households delaying big-ticket purchases and preparing for a jump in energy bills. Caution remains dominant, however, with households delaying big-ticket purchases and preparing for a jump in energy bills. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/lseg-slowly-sheds-ai-risk-tag-drive-show-growth The Business Times en 2026-06-11T15:02:51+08:00 LSEG slowly sheds ‘AI risk’ tag with drive to show growth https://cassette.sphdigital.com.sg/image/businesstimes/ee1eb4200fab58a047f7f6644730d07d81886bfa4c5b11f5ba2369e7fd94bd9f FILE PHOTO: Signage is seen outside the LSEG (London Stock Exchange Group) headquarters in Paternoster Square, London, Britain, April 25, 2025. REUTERS/Toby Melville/File Photo LSEG shares rebound as investors reassess AI risks, up 27% since Elliott stake revealed. https://www.businesstimes.com.sg/companies-markets/energy-commodities/chinas-hengli-seeks-west-african-middle-eastern-oil-after-us-sanctions-sources The Business Times en 2026-06-11T14:57:35+08:00 China’s Hengli seeks West African, Middle Eastern oil after US sanctions: sources https://cassette.sphdigital.com.sg/image/businesstimes/9567c4205497ac9f0956644bd6fd2a1762a90238e30bd2804c6c4b0c19b9e112 Hengli had since late 2024 been heavily reliant on Iranian oil and had also purchased Russian crude, according to multiple traders. Hengli had since late 2024 been heavily reliant on Iranian oil and had also purchased Russian crude, according to multiple traders. https://www.businesstimes.com.sg/companies-markets/banking-finance/ecb-set-insurance-hike-iran-war-fans-eurozone-inflation The Business Times en 2026-06-11T14:42:44+08:00 ECB set for ‘insurance hike’ as Iran war fans eurozone inflation https://cassette.sphdigital.com.sg/image/businesstimes/4b3d58a1b7f4ee98724b7edeecb4386262f494c1fc8d3d856a2e84ab42a7c427 Thursday’s hike would be the first in nearly three years and take the ECB’s benchmark deposit rate to 2.25 per cent from 2 per cent. Thursday’s hike would be the first in nearly three years and take the ECB’s benchmark deposit rate to 2.25 per cent from 2 per cent. https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/alibaba-jd-com-shares-slide-after-beijing-slams-price-cut-promotions The Business Times en 2026-06-11T14:28:23+08:00 Alibaba, JD.com shares slide after Beijing slams price-cut promotions https://cassette.sphdigital.com.sg/image/businesstimes/237a5fdf9936beb1ce33840cb65c55c420b4c39ca9319e357d9c03c44ec68ceb Alibaba shares fell as much as 5.9 per cent on Thursday (Jun 11) morning in Hong Kong, the biggest intraday decline in nearly three months. Alibaba shares fell as much as 5.9 per cent on Thursday (Jun 11) morning in Hong Kong, the biggest intraday decline in nearly three months. https://www.businesstimes.com.sg/lifestyle/health-wellness/why-singapore-men-are-joining-new-mentoo-movement The Business Times en 2026-06-11T14:10:00+08:00 Why Singapore men are joining the new ‘MenToo’ movement https://cassette.sphdigital.com.sg/image/businesstimes/94ea3362d93a2767bb3031171d4622da4c3a5c37d76f827ce0b86e1f8aec6cd2 The launch of MenToo at Timbre+ One North brought together men’s groups seeking to open up conversations on men's mental health and what it means to be a man in Singapore today. MenToo’s launch at Timbre+ One North brought together 12 men’s groups to discuss men’s mental health and masculinity in Singapore. https://www.businesstimes.com.sg/opinion-features/malaysias-stability-dividend-faces-its-next-test-state-elections-loom The Business Times en 2026-06-11T14:00:00+08:00 Malaysia’s stability dividend faces its next test as state elections loom https://cassette.sphdigital.com.sg/image/businesstimes/bb96ed70bad0d623a619feb15eddfa7303033d2c3bc20f60eafa96f02f69d5ab Beyond state elections, the wider question is whether Anwar’s coalition can manage the pressures building beneath the surface. Beyond state elections, the coalition of Malaysian Prime Minister Anwar Ibrahim is also contending with pressures building beneath the surface. https://www.businesstimes.com.sg/companies-markets/banking-finance/jpmorgan-doubles-private-bankers-singapore-team-top-50 The Business Times en 2026-06-11T13:42:40+08:00 JPMorgan doubles private bankers in Singapore team to top 50 https://cassette.sphdigital.com.sg/image/businesstimes/5b4b20faa7dacf23c8ef120ae527bf7390960503805828bbcbf19e838f629040 Indonesia is a major market for private banks in Singapore, where billionaires often keep their offshore accounts. Indonesia is a major market for private banks in Singapore, where billionaires often keep their offshore accounts. https://www.businesstimes.com.sg/international/asean/thai-consumer-confidence-drops-lowest-level-over-three-years-may The Business Times en 2026-06-11T13:19:30+08:00 Thai consumer confidence drops to lowest level in over three years in May https://cassette.sphdigital.com.sg/image/businesstimes/eee90f6ad19c35a25e7051f54438df12bf0d1376c2d6f436f9ab9b3e856f3339 The government has launched a 176 billion baht consumer subsidy scheme to ease the cost of living. The government has launched a 176 billion baht consumer subsidy scheme to ease the cost of living. https://www.businesstimes.com.sg/singapore/singaporeans-and-prs-can-now-open-ocbc-malaysia-business-accounts-singpass The Business Times en 2026-06-11T13:03:20+08:00 Singaporeans and PRs can now open OCBC Malaysia business accounts with Singpass https://cassette.sphdigital.com.sg/image/businesstimes/6aaf27da64c266aa8c52000c1ae9e758662fe445cc2c74ffac2161777dc89257 This marks the first use of Singpass beyond Singapore-based services. This marks the first use of Singpass beyond Singapore-based services. https://www.businesstimes.com.sg/singapore/s500-cdc-vouchers-all-singaporean-households-june-11-government-ready-do-more-if-needed-dpm-gan The Business Times en 2026-06-11T12:24:02+08:00 S$500 CDC vouchers for all Singaporean households from June 11; Government ready to do more if needed: DPM Gan https://cassette.sphdigital.com.sg/image/businesstimes/8108216c62d04469880438420eac25d79e2e6b62a7812e9f9c5609511ada4ffd As with past tranches, the S$500 will be split equally between participating heartland merchants and hawkers, and participating supermarkets. As with past tranches, the S$500 will be split equally between participating heartland merchants and hawkers, and participating supermarkets. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/five-areas-watch-renewed-us-iran-hostilities-rattle-global-markets The Business Times en 2026-06-11T12:18:57+08:00 Five areas to watch as renewed US-Iran hostilities rattle global markets https://cassette.sphdigital.com.sg/image/businesstimes/439d222f7a93c526c59887641ae32fa0c0c36072593ba02c576f21008a9c1274 US-Iran war The threat of a prolonged conflict in the Middle East is triggering a broad reassessment of portfolios. https://www.businesstimes.com.sg/international/asean/vietnams-vingroup-forges-ahead-worlds-largest-stadium-despite-demand-doubts The Business Times en 2026-06-11T12:12:21+08:00 Vietnam’s Vingroup forges ahead with ‘world’s largest stadium’ despite demand doubts https://cassette.sphdigital.com.sg/image/businesstimes/4564dde1589be0fb38ead27e153efa3e704d6afa7de5fdd2985ff487bd01478a A drone view shows construction work at Hung Vuong Stadium, a planned 135,000-seat football stadium being developed by Vingroup. A drone view shows construction work at Hung Vuong Stadium, a planned 135,000-seat football stadium being developed by Vingroup. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/south-korea-fines-coupang-record-624-7-billion-won-data-leak The Business Times en 2026-06-11T11:47:23+08:00 South Korea fines Coupang record 624.7 billion won for data leak https://cassette.sphdigital.com.sg/image/businesstimes/03f164f399acfe6650ee2ff2a45c0de5b983a734e45119d8529c44cb6e8af782 Coupang has been under fire after regulators discovered a former employee improperly accessed personal information from nearly 34 million accounts, undetected for months. Coupang has been under fire after regulators discovered a former employee improperly accessed personal information from nearly 34 million accounts, undetected for months. https://www.businesstimes.com.sg/companies-markets/banking-finance/boj-governor-uedas-absence-fuels-market-nerves-over-rate-meeting The Business Times en 2026-06-11T11:34:24+08:00 BOJ governor Ueda’s absence fuels market nerves over rate meeting https://cassette.sphdigital.com.sg/image/businesstimes/a9d4eb2e1946205b7cdca0527847191e199a5af75d9429e9d8a5fd0e6ad65eb2 Bank of Japan Governor Kazuo Ueda attends a press conference after a BOJ policy meeting in Tokyo, Japan, March 19, 2026. REUTERS/Kim Kyung-Hoon Bank of Japan governor Kazuo Ueda’s absence is unlikely to shift expectations of a hike. https://www.businesstimes.com.sg/companies-markets/banking-finance/indonesias-danantara-eyes-us1-billion-bond-sale-test-investor-appetite The Business Times en 2026-06-11T11:12:42+08:00 Indonesia’s Danantara eyes US$1 billion bond sale in test of investor appetite https://cassette.sphdigital.com.sg/image/businesstimes/5340c24c998cd09cdc255d0fa399e80b86e4348a9d3a698b31a13afc2ca1fffd Danantara planned to combine the asset management firms it owns, aiming to build a larger player to compete locally and across the region. Danantara is also planning to issue local-currency bonds that would carry coupons below prevailing market rates, according to sources. https://www.businesstimes.com.sg/international/asean/thailand-malaysia-clash-over-seafood-trade-curbs The Business Times en 2026-06-11T11:10:39+08:00 Thailand, Malaysia clash over seafood trade curbs https://cassette.sphdigital.com.sg/image/businesstimes/89b1ba417c482888f2efb155c436f5d2efc787c9cc619397791cb4ab3fdcb337 The shrimp industry accounts for roughly a fifth of Thailand’s seafood exports. The shrimp industry accounts for roughly a fifth of Thailand’s seafood exports. https://www.businesstimes.com.sg/international/asean/stripe-moves-head-global-product-singapore-drive-asia-pacific-growth The Business Times en 2026-06-11T11:00:00+08:00 Stripe moves head of global product to Singapore to drive Asia-Pacific growth https://cassette.sphdigital.com.sg/image/businesstimes/101ef121b13449189b8be4a6fbd101b95fa183611db140d27aeea36dc667a2cf Stripe's head of global product Abhinav Tiwari said being in Singapore will Stripe better serve its clients in the region. Stripe's head of global product Abhinav Tiwari said that being in Singapore will help Stripe better serve its clients in the region. https://www.businesstimes.com.sg/companies-markets/dbs-launch-tokenised-physical-gold-retail-customers-singapore The Business Times en 2026-06-11T11:00:00+08:00 DBS to launch tokenised physical gold for retail customers in Singapore https://cassette.sphdigital.com.sg/image/businesstimes/e598fdaf28c29206eee368d550c74f43f38eed0497cdb51b3727a0d49fe30980 Assets under management of physical gold holdings in DBS wealth clients’ portfolios more than doubled over the past three years, says the bank. Assets under management of physical gold holdings in DBS wealth clients’ portfolios more than doubled over the past three years. https://www.businesstimes.com.sg/international/asean/thai-farm-debt-crisis-deepens-early-test-anutins-government The Business Times en 2026-06-11T10:50:21+08:00 Thai farm debt crisis deepens in early test for Anutin’s government  https://cassette.sphdigital.com.sg/image/businesstimes/833b28169f4944760005335b46bad1a09c00acee8bfe94a75fa7a8e712da7efb The struggles of Thai farmers underscore the broader pressures weighing on South-east Asia’s second-largest economy, which has struggled with low growth. The struggles of Thai farmers underscore the broader pressures weighing on South-east Asia’s second-largest economy, which has struggled with low growth. https://www.businesstimes.com.sg/events-awards/singapore-business-awards/gallery/2026 The Business Times en 2026-06-11T10:47:36+08:00 2026 https://www.businesstimes.com.sg/companies-markets/banking-finance/thai-long-bonds-draw-funds-steepest-curve-emerging-asia The Business Times en 2026-06-11T10:42:26+08:00 Thai long bonds draw funds with steepest curve in emerging Asia https://cassette.sphdigital.com.sg/image/businesstimes/cec7b80690b6993ea63531a97e7fb800b4bed53cc62ee02021b1b148751ae2dc Foreign investors have purchased about US$342 million of Thai bonds so far this quarter, reversing part of the roughly US$1 billion of net outflows recorded in March Foreign investors have purchased about US$342 million of Thai bonds so far this quarter, reversing part of the roughly US$1 billion of net outflows recorded in March. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/oracles-ai-spending-blows-past-estimates-raising-worries-over-growing-debt The Business Times en 2026-06-11T10:29:30+08:00 Oracle’s AI spending blows past estimates, raising worries over growing debt https://cassette.sphdigital.com.sg/image/businesstimes/386366ac3246bbc4239a076b477be90effe58ef7b603a437f2ff2864d9556870 Oracle reported total revenue of US$19.18 billion for the fourth quarter. Oracle reported total revenue of US$19.18 billion for the fourth quarter. https://www.businesstimes.com.sg/international/asean/stocks-fall-tensions-flare-new-us-attacks-iran The Business Times en 2026-06-11T10:21:21+08:00 Stocks fall as tensions flare up with new US attacks on Iran https://cassette.sphdigital.com.sg/image/businesstimes/eee7cf4afe21cc83543b7e83f84b6aae02af9dc73e4211e43a64e223107b6a5c The weak sentiment at the start of the Asian day stabilised with US equity-index futures flipping earlier losses to rise as much as 0.6%. The weak sentiment at the start of the Asian day stabilised with US equity-index futures flipping earlier losses to rise as much as 0.6%. https://www.businesstimes.com.sg/companies-markets/banking-finance/openai-visa-team-let-ai-agents-make-purchases-online The Business Times en 2026-06-11T10:15:30+08:00 OpenAI, Visa team up to let AI agents make purchases online https://cassette.sphdigital.com.sg/image/businesstimes/c18443e63e79adcde1dd56b52cad90222b210bd4cb8dc61108d8ce72267a94c3 The company’s cross-border indicators are closely monitored by analysts and economists. Visa’s payment services will be integrated into OpenAI’s platform so online retailers can accept agent-driven transactions. https://www.businesstimes.com.sg/international/global/global-junk-debt-flashes-warning-growing-risk-stagflation The Business Times en 2026-06-11T10:10:41+08:00 Global junk debt flashes warning on growing risk of stagflation https://cassette.sphdigital.com.sg/image/businesstimes/540bf75e8b76e9f50d6c4f9cd32be0a709d4117a0574bcfb8c5a0b6ed5091c32 More than three months into the Iran conflict, higher oil prices are compounding risks for highly indebted borrowers. More than three months into the Iran conflict, higher oil prices are compounding risks for highly indebted borrowers. https://www.businesstimes.com.sg/property/evergrandes-liquidation-prompts-some-pwc-partners-shield-assets-contemplate-divorce The Business Times en 2026-06-11T09:38:25+08:00 Evergrande’s liquidation prompts some PwC partners to shield assets, contemplate divorce https://cassette.sphdigital.com.sg/image/businesstimes/a8588a838171ae0900ca69fd38d0f3cb726ed9affee037ebd83034b656f59cdb Evergrande’s debt burden is larger than previously estimated, reaching HK$350 billion, according to court-appointed liquidators. Evergrande’s liquidators have claimed “negligence” and “misrepresentation” in the auditing work done by PwC’s mainland and Hong Kong affiliates. https://www.businesstimes.com.sg/companies-markets/transport-logistics/air-india-ahmedabad-crash-report-miss-one-year-deadline-engine-probe-pending The Business Times en 2026-06-11T09:37:38+08:00 Air India Ahmedabad crash report to miss one-year deadline with engine probe pending https://cassette.sphdigital.com.sg/image/businesstimes/2d65e9bd455570ab3723c0503edf4b979cc33a5fd1a152e3575e8a30cb1555d3 The Air India 787 headed to London crashed shortly after take-off from Ahmedabad on Jun 12, 2025. The Air India 787 headed to London crashed shortly after take-off from Ahmedabad on Jun 12, 2025. https://www.businesstimes.com.sg/companies-markets/banking-finance/hong-kong-hedge-fund-managers-set-pay-bump-tax-plan The Business Times en 2026-06-11T09:33:00+08:00 Hong Kong hedge fund managers set for pay bump in tax plan https://cassette.sphdigital.com.sg/image/businesstimes/f594bdcd8c859fbe6d72473900c65f593109e87b0af4ebdd1cd09b41d8c95ef7 The Hong Kong government plans to present a bill, proposing tax exemptions for a wide range of alternative asset managers on so-called carried interest. The Hong Kong government plans to present a bill, proposing tax exemptions for a wide range of alternative asset managers on so-called carried interest. https://www.businesstimes.com.sg/international/global/chinas-nascent-medical-tourism-lures-foreign-patients-cutting-edge-cheap-medical-care The Business Times en 2026-06-11T09:02:14+08:00 China’s nascent medical tourism lures foreign patients with cutting-edge, cheap medical care https://cassette.sphdigital.com.sg/image/businesstimes/e858e3d472e467f53c8a1f0db2a0c83ff6901585176549b5d707c50e295a2beb China has rapidly emerged as an important player in global medical research and innovation. SinoUnited Health, a Shanghai-based healthcare provider, has already received about 30 foreign patients for CAR-T therapy since it treated the first in late 2024. https://www.businesstimes.com.sg/companies-markets/sgx-securities-trading-value-jumps-70-may-amid-robust-trading-activity The Business Times en 2026-06-11T08:53:07+08:00 SGX securities trading value jumps 70% in May amid ‘robust’ trading activity https://cassette.sphdigital.com.sg/image/businesstimes/835e5bfcf67dab606b44255527df5f88ada60c5add96626a537934472ee5697f This came as Singapore’s stock market claimed the title of Southeast Asia’s largest by market capitalisation and demand for trusted risk-management tools expanded across equities, FX and commodities, SGX said. Derivatives traded volume increases 20% year on year to 30.5 million contracts in May, while daily average volume for derivatives gains 27% to 1.6 million contracts. https://www.businesstimes.com.sg/companies-markets/banking-finance/programme-income-insurance-shareholders-sell-shares-relaunched The Business Times en 2026-06-11T08:37:53+08:00 Programme for Income Insurance shareholders to sell shares relaunched https://cassette.sphdigital.com.sg/image/businesstimes/fe8635188bb49e893ab88b71672fab09cce119be75344bad3dfc704bfca63fc2 Under the programme, Phillip Securities may buy shares from willing sellers and place them with accredited and institutional investors through AltaX. While Income is not listed on the stock exchange, it is a public company with more than 15,000 retail shareholders, many of whom are elderly. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/stocks-watch-capitaland-integrated-commercial-trust-sgx The Business Times en 2026-06-11T08:31:23+08:00 Stocks to watch: CapitaLand Integrated Commercial Trust, SGX https://cassette.sphdigital.com.sg/image/businesstimes/a15d8cb6d4ceef8c4dad0a8fd8ac701c53207cd395bafffc7eff74e53b39003e Unitholders pressed hard for answers at an extraordinary general meeting on Wednesday to approve its proposed S$3.9 billion acquisition Paragon. Unitholders of CICT pressed hard for answers at an extraordinary general meeting on Wednesday to approve the proposed S$3.9 billion acquisition of Paragon. https://www.businesstimes.com.sg/companies-markets/spacex-ipo-more-four-times-oversubscribed-sources The Business Times en 2026-06-11T08:23:22+08:00 SpaceX IPO more than four times oversubscribed: sources https://cassette.sphdigital.com.sg/image/businesstimes/c21091cea37047162b239713566c2a830d13974c0addb21f584c2da2dff60374 SpaceX’s IPO is set to price on Jun 11 and trade on Jun 12. SpaceX’s IPO is set to price on Jun 11 and trade on Jun 12. https://www.businesstimes.com.sg/international/us-refunds-us22-billion-tariffs-offsetting-customs-revenue The Business Times en 2026-06-11T08:10:46+08:00 US refunds US$22 billion in tariffs, offsetting customs revenue https://cassette.sphdigital.com.sg/image/businesstimes/eb014bd6e4a4b2bffa20cd52f5b273001d95137208284c276d7a9c55fb4665d1 The administration began processing refunds in April after the Supreme Court ruled that President Donald Trump did not have the authority to impose tariffs using Ieepa. The administration began processing refunds in April after the Supreme Court ruled that President Donald Trump did not have the authority to impose tariffs using Ieepa.