https://www.businesstimes.com.sg/companies-markets/shipping-veteran-teo-siong-seng-take-leave-absence-pacific-international-lines The Business Times en 2026-05-28T13:00:00+08:00 Shipping veteran Teo Siong Seng to take leave of absence from Pacific International Lines https://cassette.sphdigital.com.sg/image/businesstimes/60a4840d768b55f6e235bf50f4d059cf7ec9f6f6ccea18661d73b5c3ba9fef8c Teo Siong Seng will not seek re-election as chairman of the Singapore Business Federation. Teo Siong Seng has cited the need to “focus his attention to addressing the indictment by the US Department of Justice". https://www.businesstimes.com.sg/companies-markets/wilmar-says-it-has-not-received-official-notice-indonesia-probe-suspected-export-under-invoicing The Business Times en 2026-05-28T12:50:18+08:00 Wilmar says it has not received official notice of Indonesia probe into suspected export under-invoicing https://cassette.sphdigital.com.sg/image/businesstimes/573a22950bbdb84cc624a6a9d9941fd56f37194ed4d58e5cc34e76388030c577 Wilmar XXX The investigation is part of Jakarta’s broader effort to tighten control over strategic commodity flows. https://www.businesstimes.com.sg/property/te-capital-partners-hillhouse-backed-dash-living-acquire-prime-tokyo-housing-asset The Business Times en 2026-05-28T12:50:07+08:00 TE Capital Partners, Hillhouse-backed Dash Living acquire prime Tokyo housing asset https://cassette.sphdigital.com.sg/image/businesstimes/7fb0685dbadbf122c4d9fda5dbc5226a484a6baa5821ef4297ff64bfabe55770 The seven-storey property comprises 102 residential units, five retail units and 81 parking spaces. The seven-storey property comprises 102 residential units, five retail units and 81 parking spaces. https://www.businesstimes.com.sg/companies-markets/competition-watchdog-clears-sp-mobilitys-acquisition-chargeco The Business Times en 2026-05-28T12:29:34+08:00 Competition watchdog clears SP Mobility’s acquisition of ChargEco https://cassette.sphdigital.com.sg/image/businesstimes/7075c01b12c2f2205fe9eaad365133936b6edd5d7c6e3396d13c48cedc77721d The green light comes after SP Mobility offered a series of pricing and non-discriminatory commitments to address antitrust concerns raised during public consultations. The green light comes after SP Mobility offered a series of pricing and non-discriminatory commitments to address antitrust concerns. https://www.businesstimes.com.sg/companies-markets/transport-logistics/chinas-auto-industry-unlikely-return-golden-era-nio-ceo-says The Business Times en 2026-05-28T12:21:18+08:00 China’s auto industry is unlikely to return to ‘golden era’, Nio CEO says https://cassette.sphdigital.com.sg/image/businesstimes/f5e06df356089da72eabef371d9c524e38a53f065b501aa865f00671c184afee Nio CEO William Li said China remains the most efficient place to invest in pure electric vehicles. Nio CEO William Li said China remains the most efficient place to invest in pure electric vehicles. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/penang-chipmakers-cheer-soaring-demand-even-gamers-feel-pain The Business Times en 2026-05-28T12:04:29+08:00 Penang chipmakers cheer soaring demand even as gamers feel the pain https://cassette.sphdigital.com.sg/image/businesstimes/0dd2f3e98930cdb775ef28db7cdd48306aa21e9f2e5c38504ce65d198743d68b Micron’s facility in Batu Kawan, in Penang state, is the giant memory chipmaker's largest in Malaysia. Micron’s facility in Batu Kawan, in Penang state, is the giant memory chipmaker's largest in Malaysia. https://www.businesstimes.com.sg/property/millions-filipinos-owning-home-dream-market-was-never-built-fulfil The Business Times en 2026-05-28T12:01:54+08:00 For millions of Filipinos, owning a home is a dream the market was never built to fulfil https://cassette.sphdigital.com.sg/image/businesstimes/3e8d65587d871894c184bba45b7b7e200b548b8a2997ca7009dc1e4ab64bd5e2 mahouse - Corporate professional Dayanara Lim is set to move into a smaller condominium unit amid high rental rates in Metro Manila, Philippines. ST PHOTO: MARA CEPEDA Finance professional Dayanara Lim is set to move into a smaller condominium unit amid high rental rates in Metro Manila, Philippines. https://www.businesstimes.com.sg/startups-tech/startups/youtrip-launches-new-family-product-plans-growth-more-markets The Business Times en 2026-05-28T12:00:00+08:00 YouTrip launches new family product, plans growth into more markets https://cassette.sphdigital.com.sg/image/businesstimes/add0018a8c59615e5457f0f2a031e5d71df3c06ee90c98a3849e965fd7dd5767 Through YouTrip Family, the fintech is looking to gain insights into the habits of future spenders. Through YouTrip Family, the fintech is looking to gain insights into the habits of future spenders. https://www.businesstimes.com.sg/companies-markets/ai-boom-fuels-record-us14-5-billion-taiwan-tech-firm-borrowing The Business Times en 2026-05-28T11:27:09+08:00 AI boom fuels record US$14.5 billion in Taiwan tech firm borrowing https://cassette.sphdigital.com.sg/image/businesstimes/f71f8e1ec3bbeb10e9e547e1cdb00d8d252e916ac020c8ebc0bfe046f72218e6 Hon Hai expects AI hardware to be its key growth driver this year, as the business has surpassed smartphones as the biggest contributor to sales. Hon Hai expects AI hardware to be its key growth driver this year, as the business has surpassed smartphones as the biggest contributor to sales. https://www.businesstimes.com.sg/international/asean/indonesias-commodity-clout-numbers The Business Times en 2026-05-28T11:08:25+08:00 Indonesia’s commodity clout in numbers https://cassette.sphdigital.com.sg/image/businesstimes/26ff0bbb50dd4bfb0061894f24f390abbaac3b7e84a31ae9ff843f45ef72fcd7 Indonesia's surprise move to centralize exports of strategic commodities, including palm oil, has sparked alarm. Indonesia's surprise move to centralise exports of strategic commodities, including palm oil, has sparked alarm. https://www.businesstimes.com.sg/singapore/economy-policy/singapore-real-wages-improved-4-2025-inflation-eases-nominal-wage-growth-slows-mom The Business Times en 2026-05-28T11:00:00+08:00 Singapore real wages up an improved 4% in 2025 as inflation eases; nominal wage growth slows: MOM https://cassette.sphdigital.com.sg/image/businesstimes/f3bd1e0b0b4691e61f5edbeffe823ff84909907143cc71511b63ef5e57a40807 MOM noted that the moderation in nominal wage growth coincided with easing inflation, which may have reduced upward pressure on firms to raise nominal wages. Looking ahead, the ministry expects real wage growth to remain “positive but moderated” amid geopolitical and inflation uncertainties. https://www.businesstimes.com.sg/companies-markets/banking-finance/south-korea-holds-rates-reveals-hawkish-split-within-board The Business Times en 2026-05-28T10:44:54+08:00 South Korea holds rates, reveals hawkish split within board https://cassette.sphdigital.com.sg/image/businesstimes/79013050cd7461c3b4293bbdfb1d25574c804c6db22855e107a70c94258e1c2e Headline inflation is breaching the central bank’s 2% target with the 2.6% April rate marking the fastest gain in almost two years. Five of the seven members on the central bank’s monetary policy board voted to keep its benchmark interest rate unchanged at 2.5%. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/nvidia-ceo-jensen-huang-join-board-beijings-tsinghua-university-ft The Business Times en 2026-05-28T10:38:42+08:00 Nvidia CEO Jensen Huang to join board of Beijing's Tsinghua University: FT https://cassette.sphdigital.com.sg/image/businesstimes/c1f400014177293d1ce1a129c60eaa6381d91241c5de090490329bd4c62d7eed Nvidia CEO Jensen Huang has accepted an invitation from Tsinghua University School of Economics and Management (SEM) to join its advisory board. Nvidia CEO Jensen Huang has accepted an invitation from Tsinghua University School of Economics and Management (SEM) to join its advisory board. https://www.businesstimes.com.sg/companies-markets/koh-brothers-eco-engineering-shares-32-proposed-transfer-mainboard The Business Times en 2026-05-28T10:25:46+08:00 Koh Brothers Eco Engineering shares up 32% on proposed transfer to mainboard https://cassette.sphdigital.com.sg/image/businesstimes/39eb32a241e7a3b6350852c719903b5d01c4450e93c43ff44fb5e87e80cc18c1 The transfer “would better reflect the company’s current stage of development and future growth trajectory”, the board said. The transfer “would better reflect the company’s current stage of development and future growth trajectory”, says the board. https://www.businesstimes.com.sg/esg/china-markets-6-billion-yuan-green-sovereign-bond-hong-kong The Business Times en 2026-05-28T10:04:39+08:00 China markets 6 billion yuan green sovereign bond in Hong Kong https://cassette.sphdigital.com.sg/image/businesstimes/6bdf7ebc6bc9b28242e927d252282d2e7c1405718cc3624939a2335d7b6e06dd The renminbi-denominated note would mark the Chinese government’s first green bond issuance in Hong Kong. The renminbi-denominated note would mark the Chinese government’s first green bond issuance in Hong Kong. https://www.businesstimes.com.sg/international/global/worlds-appetite-ai-makes-china-less-afraid-stronger-renminbi The Business Times en 2026-05-28T09:40:59+08:00 World’s appetite for AI makes China less afraid of stronger renminbi https://cassette.sphdigital.com.sg/image/businesstimes/8a804f1e51841066e10919742903b08e29b9a43298754d4b192f35766983a77b The bank will continue to keep the yuan basically stable and strengthen guidance for foreign exchange market expectations. The tightly managed onshore renminbi is set for a sixth quarter of gains against the US dollar – a streak not seen since 2013. https://www.businesstimes.com.sg/companies-markets/wilmar-shares-tumble-10-5-early-trade-amid-indonesia-probe The Business Times en 2026-05-28T09:33:53+08:00 Wilmar shares tumble 10.5% in early trade amid Indonesia probe https://cassette.sphdigital.com.sg/image/businesstimes/2e0a9e7080b288aa70eca49bcf8cb92082afcee29b4975e169d56e1fe124f9e7 The investigation is part of Jakarta’s broader effort to tighten control over strategic commodity flows. The investigation into Wilmar is part of Jakarta's broader effort to tighten control over strategic commodity flows. https://www.businesstimes.com.sg/international/asean/war-stress-pushes-indonesia-thailand-lean-short-term-debt The Business Times en 2026-05-28T09:04:28+08:00 War stress pushes Indonesia, Thailand to lean on short-term debt https://cassette.sphdigital.com.sg/image/businesstimes/3f4ba124ec1e408c4f937196db0a7597131b135ce3e19b30629969616a79fea2 Indonesia’s central bank has stepped up issuance of rupiah bills to attract foreign inflows to support the rupiah. Indonesia’s central bank has stepped up issuance of rupiah bills to attract foreign inflows to support the rupiah. https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-declines-middle-east-risks-reinforce-higher-rates-bets The Business Times en 2026-05-28T08:36:41+08:00 Gold declines as Middle East risks reinforce higher rates bets https://cassette.sphdigital.com.sg/image/businesstimes/27275315779eb0708ec3db90553f44649d062674e3de9dfedc9607d3bd7e2aac Bullion typically performs badly in a higher-rate environment as it pays no interest. Bullion typically performs badly in a higher-rate environment as it pays no interest. https://www.businesstimes.com.sg/companies-markets/stocks-watch-wilmar-keppel-ihh-healthcare-koh-brothers-eco-engineering-valuetronics The Business Times en 2026-05-28T08:21:36+08:00 Stocks to watch: Wilmar, Keppel, IHH Healthcare, Koh Brothers Eco Engineering, Valuetronics https://cassette.sphdigital.com.sg/image/businesstimes/a6090419d0d9e66cbba5375099d61c4e69c3c61a88cee4d633fe859c69c4ef29 Keppel said on Tuesday that the Indonesian High Court upheld an earlier dismissal of an individual’s 2.28 trillion rupiah (S$186.3 million) claim over Jakarta land owned by its subsidiary. Keppel says the Indonesian High Court upheld an earlier dismissal of an individual’s 2.28 trillion rupiah claim over Jakarta land owned by its subsidiary. https://www.businesstimes.com.sg/international/global/hong-kong-gain-edge-over-singapore-asia-gold-hub-push-clearing-system The Business Times en 2026-05-28T08:04:22+08:00 Hong Kong to gain edge over Singapore in Asia gold-hub push with clearing system https://cassette.sphdigital.com.sg/image/businesstimes/39679c608b19c0faffb8d2d7781f8ea6d7e52fb27758bbe16251287e717b9c51 In Hong Kong, the infrastructure is already being laid for a significant expansion of trading, refining and storage. In Hong Kong, the infrastructure is already being laid for a significant expansion of trading, refining and storage. https://www.businesstimes.com.sg/opinion-features/asia-pacifics-energy-transition-demands-labour-market-transformation The Business Times en 2026-05-28T07:15:00+08:00 Asia-Pacific’s energy transition demands a labour market transformation https://cassette.sphdigital.com.sg/image/businesstimes/83b500a131b2fa3c608b613dd568947bc02ccddbd95bc0d161cf2e6510fb2cf2 The Bac Lieu wind farm in southern Vietnam. Many Asia-Pacific economies are targeting substantial increases in clean electricity generation by 2035. The Bac Lieu wind farm in southern Vietnam. Many Asia-Pacific economies are targeting substantial increases in clean electricity generation by 2035. https://www.businesstimes.com.sg/singapore/smes/tts-group-offering-total-traffic-solutions-cities-around-asia The Business Times en 2026-05-28T07:00:00+08:00 TTS Group: Offering ‘total traffic solutions’ for cities around Asia https://cassette.sphdigital.com.sg/image/businesstimes/0e200f071ba3a8b69f33ee210c36a4be51342123eca89b1b913ae9305787764e Managing director Kelvin Foo receiving TTS Group's Enterprise 50 Award in 2024. TTS managing director Kelvin Foo (second from left) receiving the group's Enterprise 50 Award in 2024. https://www.businesstimes.com.sg/opinion-features/shangri-la-dialogue-year-could-be-most-important-ever-amid-geopolitical-instability The Business Times en 2026-05-28T07:00:00+08:00 Shangri-La Dialogue this year could be the most important ever amid geopolitical instability https://cassette.sphdigital.com.sg/image/businesstimes/ec2bbbaa80e572f3f02329c7dadde468176ded7fc7f028db1edc9bb9440940c2 While Shangri-La is primarily a forum for Asia-Pacific issues, wider global developments will be discussed too. While Shangri-La is primarily a forum for Asia-Pacific issues, wider global developments will be discussed too. https://www.businesstimes.com.sg/opinion-features/investing-becomes-more-accessible-should-financial-education-evolve The Business Times en 2026-05-28T07:00:00+08:00 As investing becomes more accessible, should financial education evolve? https://cassette.sphdigital.com.sg/image/businesstimes/a564eaf6dd481c26bf3047f86d595d0d0eb5e125a89f68e6121b4cc4dce13068 Exposing secondary or tertiary level students to the fundamentals of investing early presents them with a key investing advantage: time. Exposing secondary or tertiary level students to the fundamentals of investing early presents them with a key investing advantage: time. https://www.businesstimes.com.sg/singapore/court-appeal-upholds-gncs-rights-ron-sims-lac-store-leases-awarding-damages The Business Times en 2026-05-28T07:00:00+08:00 Court of Appeal upholds GNC’s rights to Ron Sim’s LAC store leases, awarding of damages https://cassette.sphdigital.com.sg/image/businesstimes/98f84c2075cea143971cb92ac594a0b133b8497341d31c3d47a4b6f1f7814c9d LAC Global (Singapore) operated GNC’s franchised stores in Singapore, selling its health products and dietary supplements. LAC Global (Singapore) operated GNC’s franchised stores in Singapore, selling its health products and dietary supplements. https://www.businesstimes.com.sg/international/asean/japanese-mid-sized-firms-flocking-south-east-asia-growth The Business Times en 2026-05-28T07:00:00+08:00 Japanese mid-sized firms flocking to South-east Asia for growth https://cassette.sphdigital.com.sg/image/businesstimes/622af8e553521d311aec3d1e4fef1bd95e9fe8ac17cb067fc0fc5525d7096aee A view of Ho Chi Minh City, Vietnam. Japanese companies typically use the market as a manufacturing and production hub. A view of Ho Chi Minh City, Vietnam. Japanese companies typically use the market as a manufacturing and production hub. https://www.businesstimes.com.sg/property/uk-student-housing-party-over-singapore-players-face-divergent-prospects-pbsa-market The Business Times en 2026-05-28T07:00:00+08:00 Is the UK student-housing party over? Singapore players face divergent prospects in PBSA market https://cassette.sphdigital.com.sg/image/businesstimes/cf3375c1023292bf10ce1c77e571ed6c4d018fdbfd9031116f008c8da7438a9f An article published in April notes that the share of first-year students intending to live at home has risen from 32.9% in 2016 to 35.2% in 2025.  An article published in April notes that the share of first-year students intending to live at home has risen from 32.9% in 2016 to 35.2% in 2025.  https://www.businesstimes.com.sg/international/global/iran-and-us-trade-air-strikes-after-trump-dismisses-report-hormuz-deal The Business Times en 2026-05-28T06:59:01+08:00 Iran and US trade air strikes after Trump dismisses report of Hormuz deal https://cassette.sphdigital.com.sg/image/businesstimes/28ea84a12666b17278de6516b2836a80325972bb025623a8d51a19f4a75d09f7 The escalation in hostilities highlighted threats to the tenuous ceasefire between the US and Iran that took effect in early April. The escalation in hostilities highlighted threats to the tenuous ceasefire between the US and Iran that took effect in early April. https://www.businesstimes.com.sg/international/us-eases-some-tariffs-taiwan-formalise-trade-agreement The Business Times en 2026-05-28T06:41:35+08:00 US eases some tariffs on Taiwan to formalise trade agreement https://cassette.sphdigital.com.sg/image/businesstimes/0a22a8bf5dfd7688921243cd9f7cd17f658599779439ce2fb73d06019afaa7ce Taiwan is a major hub for the manufacture of advanced chips for smartphones and other devices, playing a crucial role in the supply chain for many US-based companies. Taiwan is a major hub for the manufacture of advanced chips for smartphones and other devices, playing a crucial role in the supply chain for many US-based companies. https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-rebounds-us-hits-hormuz-targets-talks-impasse The Business Times en 2026-05-28T06:22:41+08:00 Oil rebounds as US hits Hormuz targets with talks at an impasse https://cassette.sphdigital.com.sg/image/businesstimes/de0e7672dabe19172acc7948964535e0e7f49300a6f0a860cbf5363a203bb9d6 Brent crude futures rose US$1.90, or 2.02 per cent, to US$96.19 a barrel by 8.15 am in Singapore. Crude is still on pace for a second weekly drop on optimism that the warring parties will manage to conclude at least an interim deal, despite the challenges. https://www.businesstimes.com.sg/companies-markets/keppel-track-hit-key-emissions-target-well-ahead-2050-ceo The Business Times en 2026-05-28T06:00:00+08:00 Keppel on track to hit key emissions target ‘well ahead’ of 2050: CEO https://cassette.sphdigital.com.sg/image/businesstimes/75cf6e78ed05b7ca21dadd32178fd1ab4e1840e9ed8340c8a89ad9f646bbc4b2 Energy security challenges have diverted the attention of many governments and companies, said Keppel chief executive Loh Chin Hua. Energy security challenges have diverted the attention of many governments and companies, said Keppel chief executive Loh Chin Hua. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/wall-street-indexes-post-closing-record-highs-ai-rally-pauses The Business Times en 2026-05-28T05:59:30+08:00 Wall Street indexes post closing record highs, AI rally pauses https://cassette.sphdigital.com.sg/image/businesstimes/2b989876a9d52c03ec2eea359c441f19372927421b83b0fdbebef7d0c036d5ce The S&P 500 posted 37 new 52-week highs and eight new lows while the Nasdaq Composite recorded 169 new highs and 74 new lows. Markets will next look towards the personal consumption expenditures index data on Thursday. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-stocks-end-steady-gains-autos-chemicals-offset-iran-war-uncertainty The Business Times en 2026-05-28T05:39:18+08:00 European stocks end steady as gains in autos, chemicals offset Iran war uncertainty https://cassette.sphdigital.com.sg/image/businesstimes/4d210ff5745edfde8c925cb749aebe0f05bbe2f023b4862efabdca28cda8caf4 The pan-European Stoxx 600 index closed up 0.03% at 628.18 points. The pan-European Stoxx 600 index closed up 0.03% at 628.18 points. https://www.businesstimes.com.sg/podcasts/singapore-losing-world-we-relied-intelligence-chiefs-candid-take The Business Times en 2026-05-28T05:00:00+08:00 Is Singapore losing the world we relied on? An intelligence chief’s candid take https://cassette.sphdigital.com.sg/image/businesstimes/3cfe98dc7939db2d21ab0c9a8268f6c4609ee89096a3d6755ea9cb54884cd2a3 (From right) Henry Wilkinson and host Claressa Monteiro. (From right) Henry Wilkinson and host Claressa Monteiro. https://www.businesstimes.com.sg/esg/global-clean-energy-manufacturing-supply-far-exceeds-demand The Business Times en 2026-05-27T23:45:59+08:00 Global clean energy manufacturing supply far exceeds demand https://cassette.sphdigital.com.sg/image/businesstimes/515d16b8ae9cbd3895d786b5ae499600628228c1943f279bed5e3b88cbd09d0b Solar panels in Gansu, China. The country controls more than 70% of manufacturing capacity for almost every renewable energy segment. Solar panels in Gansu, China. The country controls more than 70% of manufacturing capacity for almost every renewable energy segment. https://www.businesstimes.com.sg/companies-markets/american-airlines-sees-resilient-demand-cushioning-fuel-price-hit The Business Times en 2026-05-27T22:34:02+08:00 American Airlines sees resilient demand cushioning fuel-price hit https://cassette.sphdigital.com.sg/image/businesstimes/d7503ee62f80796c4e6a20881fb1ae6e5464f832519ffbe9aa19ee06ea0af93a Stronger revenue, premium demand and corporate travel are set to help American Airlines cushion the hit from rising oil costs. Stronger revenue, premium demand and corporate travel are set to help American Airlines cushion the hit from rising oil costs. https://www.businesstimes.com.sg/international/us-denies-iran-report-draft-peace-deal-reopen-strait-hormuz The Business Times en 2026-05-27T22:24:20+08:00 US denies Iran report on draft peace deal to reopen Strait of Hormuz https://cassette.sphdigital.com.sg/image/businesstimes/6c3512d957424534e523b9d9d3c0920677eb4084e7be9b46756c67e555cb7397 The draft agreement, which the US has denied, said Iran and Oman would have a mechanism in place to oversee shipping in the Strait of Hormuz. The draft agreement, which the US has denied, said Iran and Oman would have a mechanism in place to oversee shipping in the Strait of Hormuz. https://www.businesstimes.com.sg/lifestyle/inside-singapore-home-trades-glass-walls-new-england-charm The Business Times en 2026-05-27T22:23:06+08:00 Inside a Singapore home that trades glass walls for New England charm https://cassette.sphdigital.com.sg/image/businesstimes/7d94b4594b9c238ec1a0464069bcfe0414e46e0c236ed80257a3690541e06156 The New York-inspired "brownstone" house. The New York-inspired "brownstone" house. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-snapshot-wall-st-opens-higher-ai-optimism-mideast-truce-hopes The Business Times en 2026-05-27T22:03:29+08:00 Wall Street opens higher on AI optimism, Middle East truce hopes https://cassette.sphdigital.com.sg/image/businesstimes/a937ea1434b5c023847f81bb3debee3a165ceda0ddcbed279f3b8e26ed68a721 Gains are being driven by sustained artificial intelligence-driven momentum. Gains are being driven by sustained artificial intelligence-driven momentum. https://www.businesstimes.com.sg/companies-markets/lululemon-settles-dispute-founder-shaking-board The Business Times en 2026-05-27T21:41:23+08:00 Lululemon settles dispute with founder by shaking up board https://cassette.sphdigital.com.sg/image/businesstimes/05cc1a5e9f9f69836a00f7c02c75de1b8e95212c1f45fdb24888e322cad14c60 The settlement between Lululemon Athletica and founder Chip Wilson stands to remove a significant distraction before the company's new CEO arrives in September 2026. The settlement stands to remove a significant distraction before the company's new CEO arrives in September. https://www.businesstimes.com.sg/companies-markets/energy-commodities/aluminium-price-spike-middle-east-war-fans-costs-us-solar-industry The Business Times en 2026-05-27T21:29:04+08:00 Aluminium price spike from Middle East war fans costs for US solar industry https://cassette.sphdigital.com.sg/image/businesstimes/2c0da9cf3b5f799e9ab312a349579974cab970338efc5f5c98457a995c721223 Aluminium is vital for solar racking components such as rails, clamps, and brackets to mount solar panels. Aluminium is vital for solar racking components such as rails, clamps, and brackets to mount solar panels. https://www.businesstimes.com.sg/companies-markets/indigo-air-india-cut-june-july-domestic-flights-amid-high-jet-fuel-prices-sources The Business Times en 2026-05-27T20:58:06+08:00 IndiGo, Air India cut June-July domestic flights amid high jet fuel prices: sources https://cassette.sphdigital.com.sg/image/businesstimes/c5dec0aeff4ab16fe4b2f2d0098a5231159a6548febf18d0972c9b254dca16bb IndiGo has cut around 7% to 10% of its planned domestic flights for the period, sources say. IndiGo has cut around 7% to 10% of its planned domestic flights for the period, sources say. https://www.businesstimes.com.sg/international/germany-spain-push-back-european-plan-ban-huawei-gear The Business Times en 2026-05-27T19:27:41+08:00 Germany, Spain push back on European plan to ban Huawei gear https://cassette.sphdigital.com.sg/image/businesstimes/0da32b7e97968bbe4da27b6fbb72ec1fc32aca25b3bde1bb6f4dae3bd2c96e2d Huawei believes a proposal to exclude Chinese suppliers based on their country of origin “violates the EU’s basic legal principles of fairness”. Huawei believes a proposal to exclude Chinese suppliers based on their country of origin “violates the EU’s basic legal principles of fairness”. https://www.businesstimes.com.sg/companies-markets/tsmc-ceo-pledges-over-30-incentive-bump-ai-profits-soar The Business Times en 2026-05-27T19:16:57+08:00 TSMC CEO pledges over 30% incentive bump as AI profits soar https://cassette.sphdigital.com.sg/image/businesstimes/e7442b627e7e5c6c72cdde42e651965c5ff95f4bf28583479e72e08669412150 TSMC has elevated its gross margin to 66% this year. TSMC has elevated its gross margin to 66% this year. https://www.businesstimes.com.sg/companies-markets/banking-finance/hong-kong-banks-tighten-scrutiny-chinese-clients-after-trading-curbs The Business Times en 2026-05-27T19:06:06+08:00 Hong Kong banks tighten scrutiny of Chinese clients after trading curbs https://cassette.sphdigital.com.sg/image/businesstimes/21963452c426185279b36992a5f3358d0ca6deace093b955baa6fb56dcdb070b Some major Chinese banks operating in Hong Kong have suspended the opening of investment and wealth management accounts for mainland residents, sources say. Some major Chinese banks operating in Hong Kong have suspended the opening of investment and wealth management accounts for mainland residents, sources say. https://www.businesstimes.com.sg/companies-markets/koh-brothers-eco-engineering-proposes-transfer-sgx-mainboard The Business Times en 2026-05-27T18:41:31+08:00 Koh Brothers Eco Engineering proposes transfer to SGX mainboard https://cassette.sphdigital.com.sg/image/businesstimes/557e0e49c2b84ef11ad1208b6574de88e07c1acfd876fcd5c1a24e7398a74035 Koh Brothers Eco Engineering has been listed on the catalist board of SGX since Feb 27, 2006. Koh Brothers Eco Engineering has been listed on the Catalist board of SGX since Feb 27, 2006. https://www.businesstimes.com.sg/companies-markets/size-matters-ocbcs-bank-singapore-doubles-down-ultra-wealthy-and-bankers-chasing-them The Business Times en 2026-05-27T18:22:35+08:00 Size matters: OCBC’s Bank of Singapore doubles down on ultra-wealthy – and the bankers chasing them https://cassette.sphdigital.com.sg/image/businesstimes/e392e25345a16d4b7bec6b01f5d1504038aeec5b09abd390ce215d2605cfb84c Jason Moo, CEO, Bank of Singapore, says the lender is hiring "pretty aggressively" in 2026. Jason Moo, CEO of Bank of Singapore, says the lender is hiring "pretty aggressively" in 2026. https://www.businesstimes.com.sg/international/europe-heat-wave-triggers-tropical-nights-and-soaring-fan-sales The Business Times en 2026-05-27T18:06:53+08:00 Europe heat wave triggers tropical nights and soaring fan sales https://cassette.sphdigital.com.sg/image/businesstimes/c987a8e67727dc5a90becd638b2ae876114d721a73bc481cfd4a0af5f9b0616f Heat health alerts are in effect through Thursday across England, with amber warnings for the southern half of the country. Heat health alerts are in effect through Thursday across England, with amber warnings for the southern half of the country. https://www.businesstimes.com.sg/opinion-features/legacy-jay-powell-fed The Business Times en 2026-05-27T18:00:00+08:00 The legacy of Jay Powell at the Fed https://cassette.sphdigital.com.sg/image/businesstimes/d0f2fdf94d2236ea09698ee0dc3535caafc09e98416bec9d1fdb939ddbe2ca7a The fact that Jerome Powell plans to remain on the Fed’s board is encouraging, since the next few years are likely to be challenging for US monetary stability. The fact that Powell plans to remain on the Fed’s board is encouraging, since the next few years are likely to be challenging for US monetary stability. https://www.businesstimes.com.sg/international/global-fuel-crisis-adds-urgency-cambodian-push-tap-us300-billion-energy-resources The Business Times en 2026-05-27T17:37:03+08:00 Global fuel crisis adds urgency to Cambodian push to tap US$300 billion energy resources https://cassette.sphdigital.com.sg/image/businesstimes/ef68b0d9ff29c3b4d771a4cf539aa074b8a43403026c77bf3375860fe8df39ee International oil and gas majors, including TotalEnergies, are reportedly keen on potentially starting offshore exploration activities in the Gulf of Thailand. International oil and gas majors, including TotalEnergies, are keen on potentially starting offshore exploration activities in the Gulf of Thailand. https://www.businesstimes.com.sg/singapore/smes/food-delivery-platform-whyq-brings-ai-its-corporate-catering-niche The Business Times en 2026-05-27T17:27:52+08:00 Food delivery platform WhyQ brings AI into its corporate catering niche https://cassette.sphdigital.com.sg/image/businesstimes/cedded30933876a82f8210459edb820171926da0a621941120185d83acb50c05 WhyQ is developing an AI-powered platform to support its existing ordering sites customised to individual clients. WhyQ has its origins in the experiences of co-founders Rishabh Singhvi (left) and Varun Saraf, who were weary of the lack of vegetarian options in corporate catering. https://www.businesstimes.com.sg/companies-markets/why-huaweis-new-chipmaking-plan-has-investors-buzzing The Business Times en 2026-05-27T17:20:12+08:00 Why Huawei’s new chipmaking plan has investors buzzing https://cassette.sphdigital.com.sg/image/businesstimes/688e68321141439d6d3b6a217e921d71617ef5b20b4219d8d7236a022fd80f48 Huawei’s proposed Tau Scaling Law seeks to improve performance by shortening the distance that data must travel inside a processor. Huawei’s proposed Tau Scaling Law seeks to improve performance by shortening the distance that data must travel inside a processor. https://www.businesstimes.com.sg/property/mamdanis-plan-aims-shore-housing-authority-and-build-affordable-homes The Business Times en 2026-05-27T17:11:21+08:00 Mamdani’s plan aims to shore up housing authority and build affordable homes https://cassette.sphdigital.com.sg/image/businesstimes/9330b638aa9bc8920c2f8669a4d7b5d567beae58862f9dfc5649c30bf712e8c4 NYC Mayor Mamdani said: “Let the largest city in the nation deliver the largest municipal housing transformation this country has ever seen.” NYC Mayor Zohran Mamdani said: “Let the largest city in the nation deliver the largest municipal housing transformation this country has ever seen.” https://www.businesstimes.com.sg/opinion-features/putin-and-trump-dont-have-cards The Business Times en 2026-05-27T17:00:00+08:00 Putin and Trump don’t have the cards https://cassette.sphdigital.com.sg/image/businesstimes/d14676d9937de980a86ffdbff7848f63f41dcc1918fc5b2f2ed3f098ce0ced8e Ukraine has turned its battlefront into a charnel house with Russia’s casualty rate at 35,000 a month. Ukraine has turned its battlefront into a charnel house with Russia’s casualty rate at 35,000 a month. https://www.businesstimes.com.sg/international/hong-kong-overtakes-switzerland-top-offshore-wealth-hub The Business Times en 2026-05-27T16:56:52+08:00 Hong Kong overtakes Switzerland as top offshore wealth hub https://cassette.sphdigital.com.sg/image/businesstimes/8b5ac62e0228d4e6b00be64d64e64fad345fa092c3bfe8e3be57fa2fca13ea6b Hong Kong is aggressively pitching its low taxes, deep talent pool and booming capital markets to the global elite. Hong Kong is aggressively pitching its low taxes, deep talent pool and booming capital markets to the global elite. https://www.businesstimes.com.sg/international/hong-kong-home-prices-extend-rising-streak-april The Business Times en 2026-05-27T16:49:28+08:00 Hong Kong home prices extend rising streak in April https://cassette.sphdigital.com.sg/image/businesstimes/94e0f9cb6a2f0d46d27e51c99327dd23d3fe4756e288f2de18e88e23951199e6 Brokerage analysts forecast gains of at least 10% for Hong Kong's home prices for 2026. Brokerage analysts forecast gains of at least 10% for Hong Kong's home prices for 2026. https://www.businesstimes.com.sg/international/thai-housing-demand-recovering-outlook-clouded-energy-shock-risks The Business Times en 2026-05-27T16:37:47+08:00 Thai housing demand recovering, but outlook clouded by energy shock risks https://cassette.sphdigital.com.sg/image/businesstimes/c612760e5a5701881d673aa6c3cbef621e5f1afe0892bea1a298aa6f29f70ec3 Phuket is among the areas in Thailand where foreign homebuying has been concentrated. Phuket is among the areas in Thailand where foreign homebuying has been concentrated. https://www.businesstimes.com.sg/companies-markets/banking-finance/once-investor-darlings-australian-banks-get-reality-check-mortgage-change The Business Times en 2026-05-27T16:29:40+08:00 Once investor darlings, Australian banks get reality check on mortgage change https://cassette.sphdigital.com.sg/image/businesstimes/c4cf7a1e925bb6d14ec0ce6bc63960a674e2988bf478f1896c4b50defe157da5 CBA is the market leader in home lending, with a 25% market share, followed by Westpac, NAB, and ANZ, their latest financial filings showed. CBA is the market leader in home lending, with a 25% market share, followed by Westpac, NAB and ANZ, their latest financial filings showed. https://www.businesstimes.com.sg/international/business-usual-fakes-piracy-thrive-vietnam-us-tariff-deadline-nears The Business Times en 2026-05-27T16:01:51+08:00 ‘Business as usual’: Fakes, piracy thrive in Vietnam as US tariff deadline nears https://cassette.sphdigital.com.sg/image/businesstimes/4d1541fccc6f8f3003e3783d2b96081148f9a9d7ecf5d4242806828412385cae Hanoi's Ninh Hiep is among about 30 “notorious markets” worldwide identified by the USTR in its latest annual report on counterfeiting and piracy. Hanoi's Ninh Hiep is among about 30 “notorious markets” worldwide identified by the USTR in its latest annual report on counterfeiting and piracy. https://www.businesstimes.com.sg/lifestyle/us140000-evs-and-heritage-gold-rise-chinas-homegrown-luxury-market The Business Times en 2026-05-27T15:05:42+08:00 US$140,000 EVs and heritage gold: The rise of China’s homegrown luxury market https://cassette.sphdigital.com.sg/image/businesstimes/29b207f0be6155848845e5d94219f0479208a0aa6f83f15f665aba20239669f1 Li Maozai behind the steering wheel of his Maextro S800, built by Huawei and JAC Motors, in Nanchang, China. At US$140,000, the car wasn’t cheap, but it was much less expensive than European luxury vehicles. Li Maozai behind the steering wheel of his Maextro S800, built by Huawei and JAC Motors, in Nanchang, China. At US$140,000, the car wasn’t cheap, but it was much less expensive than European luxury vehicles. https://www.businesstimes.com.sg/singapore/economy-policy/competing-value-not-cost-why-singapore-appeals-german-manufacturers The Business Times en 2026-05-27T15:00:00+08:00 Competing on value, not cost: Why Singapore appeals to German manufacturers https://cassette.sphdigital.com.sg/image/businesstimes/b5dd2bbef72d515415bd9ff52d98e91a1595f9f79986f67e44a78e1a36f1ce49 An artist’s impression of Siemens’ planned S$299 million digital factory in Singapore, which will produce industrial automation products and support the Republic’s push into advanced manufacturing. Siemens' planned 200-million-euro digital factory in Singapore will produce industrial automation products. https://www.businesstimes.com.sg/singapore/applied-materials-cto-sees-potential-develop-robotics-ecosystem-singapore The Business Times en 2026-05-27T14:00:00+08:00 Applied Materials CTO sees potential to develop robotics ecosystem in Singapore https://cassette.sphdigital.com.sg/image/businesstimes/5566683729b6ce2dd043a25817dd7e2f089a340a7492f48183a33f51033b050d A technician works on a computer at the Applied Materials Inc., facility in Santa Clara, California, U.S., on Tuesday, Oct. 21, 2016. Applied Materials Inc., develops, manufactures, markets and services semiconductor water fabrication equipment and related spare parts for the worldwide semiconductor industry. Photographer: David Paul Morris/Bloomberg A technician at Applied Materials' facility in Santa Clara, California. https://www.businesstimes.com.sg/companies-markets/transport-logistics/chinas-xpeng-backed-local-government-investment-fund-undisclosed-sum The Business Times en 2026-05-27T13:03:20+08:00 China's Xpeng backed by local government investment fund with undisclosed sum https://cassette.sphdigital.com.sg/image/businesstimes/9374a5821bb19aca221036318b42f4123119e17ad8f772a8632e38b3b33fd30b The automaker which is pivoting toward robotaxis, humanoid robots and flying cars, did not disclose the size of the backing by the investment fund. The automaker which is pivoting toward robotaxis, humanoid robots and flying cars, did not disclose the size of the backing by the investment fund. https://www.businesstimes.com.sg/esg/preparing-climate-risks-helps-companies-weather-iran-war-shocks-sgx-regco The Business Times en 2026-05-27T13:00:00+08:00 Preparing for climate risks helps companies weather Iran war shocks: SGX RegCo https://cassette.sphdigital.com.sg/image/businesstimes/cba91d0d2a865c826e1c33413229879610e5cc96641cd04e89a097643ee84385 When a company discloses that its emissions are falling, it suggests that its business model is evolving as it reduces its reliance on fossil fuels.  When a company discloses that its emissions are falling, it suggests that its business model is evolving as it reduces its reliance on fossil fuels.  https://www.businesstimes.com.sg/companies-markets/how-grab-rebuilding-its-engineering-culture-around-ai-speed The Business Times en 2026-05-27T12:55:38+08:00 How Grab is rebuilding its engineering culture around AI speed https://cassette.sphdigital.com.sg/image/businesstimes/0cd83209d3024f94ba137c593c7e1c37d99d21f4b89076b01b1c96b6289392f2 Grab chief technology officer Suthen Thomas says: “We maintain a strict boundary between casual prototyping and actual production to ensure our engineering standards remain uncompromising." Grab chief technology officer Suthen Thomas argues that artificial intelligence makes writing code cheap while making checking code rare. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/sk-hynix-joins-us1-trillion-club-after-samsung-micron-ai-chip-boom The Business Times en 2026-05-27T12:20:33+08:00 SK Hynix joins US$1 trillion club after Samsung, Micron on AI chip boom https://cassette.sphdigital.com.sg/image/businesstimes/296204b1f875ee2f57bbf800c78b0f14715dc18b3293c909ecbf046ee5e9fba2 With Wednesday’s rally, Samsung and SK Hynix accounted for half of the index by market capitalisation. With Wednesday’s rally, Samsung and SK Hynix accounted for half of the index by market capitalisation. https://www.businesstimes.com.sg/opinion-features/spacex-writes-teslas-future-stars The Business Times en 2026-05-27T12:00:00+08:00 SpaceX writes Tesla’s future in the stars https://cassette.sphdigital.com.sg/image/businesstimes/c4c93a7fb40733f7517e812fce5c4f85e21e91ad94281437dfeb4630bc128840 Elon Musk’s latest pitch to the public market involves a mooted US$2 trillion valuation for SpaceX, where he is CEO, chief technical officer and chairman. Elon Musk’s latest pitch to the public market involves a mooted US$2 trillion valuation for SpaceX, where he is CEO, chief technical officer and chairman. https://www.businesstimes.com.sg/companies-markets/blackrock-sees-merit-more-large-scale-mining-m The Business Times en 2026-05-27T11:52:29+08:00 BlackRock ‘sees merit’ in more large-scale mining M&A https://cassette.sphdigital.com.sg/image/businesstimes/77067b27e12b48f1e287b3a2bc063e08b3e76d8310cf691067ec35ca563ed624 BlackRock holds stakes in major miners Glencore, Rio Tinto and BHP. BlackRock holds stakes in major miners Glencore, Rio Tinto and BHP. https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-holds-loss-traders-weigh-prospects-us-iran-deal The Business Times en 2026-05-27T09:31:57+08:00 Gold holds loss as traders weigh prospects for US-Iran deal https://cassette.sphdigital.com.sg/image/businesstimes/1cfb919eb0d47ec79ff52fe5040fb727e4d9468874fce1249d13635d631d5830 Bullion was near US$4,510 an ounce in early trading, having fallen 1.4% on Tuesday. Bullion was near US$4,510 an ounce in early trading, having fallen 1.4% on Tuesday. https://www.businesstimes.com.sg/companies-markets/chinas-humanoid-robotics-startup-unitree-fast-tracks-shanghai-ipo-target-us6-2-billion-valuation The Business Times en 2026-05-27T09:10:05+08:00 China’s humanoid robotics startup Unitree fast-tracks Shanghai IPO with target US$6.2 billion valuation https://cassette.sphdigital.com.sg/image/businesstimes/ee02428b2ab241d162f05dff262a28bfd5fd1f310b7451844946b22bbf40a29a The rapid progress comes amid a boom in embodied AI – robots integrated with artificial intelligence The rapid progress comes amid a boom in embodied AI – robots integrated with artificial intelligence https://www.businesstimes.com.sg/international/trump-administration-proposes-ndas-federal-workers-crack-down-leaks-journalists The Business Times en 2026-05-27T08:43:45+08:00 Trump administration proposes NDAs for federal workers to crack down on leaks to journalists https://cassette.sphdigital.com.sg/image/businesstimes/2b8d3201f96919ae3a03a8175205021cb43b17c20fdfcaf07b93477c84945d2f Trump and members of his administration have filed at least five lawsuits against major media companies since his second term began. Trump and members of his administration have filed at least five lawsuits against major media companies since his second term began. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-sp-500-nasdaq-hit-record-closing-highs-ai-optimism-micron-joins-us1-trillion-club The Business Times en 2026-05-27T08:21:05+08:00 US stocks: S&P 500, Nasdaq hit record closing highs on AI optimism, Micron joins US$1 trillion club https://cassette.sphdigital.com.sg/image/businesstimes/1b1747b556d4ec3a9c1e54ce8e866ac882f85faac387072b3b37b71946947f5d All three major US indices gained at the start of trading on Wednesday. Upbeat earnings and renewed confidence in AI trade have driven US equities higher despite the ongoing conflict with Iran. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-equities-slip-us-strikes-iran-cloud-peace-prospects The Business Times en 2026-05-27T08:07:58+08:00 European equities slip as US strikes on Iran cloud peace prospects https://cassette.sphdigital.com.sg/image/businesstimes/d82e0c3caf8baa2c817b9560d50165e38c160a12ed7118439558d7b3e89dc50d The Stoxx 600 was up 0.67 per cent at 629.28 points at 0818 GMT on Monday, just shy of a record high touched in late February. The pan-European Stoxx 600 fell 0.6% to 628.01 points. https://www.businesstimes.com.sg/companies-markets/energy-commodities/brent-crude-jumps-4-us-strikes-iran-set-back-hopes-hormuz-re-opening The Business Times en 2026-05-27T07:58:18+08:00 Brent crude jumps 4%, as US strikes in Iran set back hopes for Hormuz re-opening https://cassette.sphdigital.com.sg/image/businesstimes/64ba08a26eb1caf9e5fffc98b44cfe34cc9639911165b8217074e284c53a471b Crude prices are still on pace for a loss in May as a fragile ceasefire and push to reopen Hormuz outweigh signs of fast-depleting stockpiles. WTI closed at its lowest since Apr 22 on Tuesday, while US gasoline futures fell 7% and US diesel dropped 4% to their lowest closes in five weeks. https://www.businesstimes.com.sg/opinion-features/asean-will-benefit-breakthrough-trade-deal-between-uk-and-gulf-states The Business Times en 2026-05-27T07:30:00+08:00 Asean will benefit from breakthrough trade deal between UK and Gulf states https://cassette.sphdigital.com.sg/image/businesstimes/4246776b7782650babc04333e17e0284ec0e9fdff0cc1b9e53440f1ef80983b6 A cargo ship docks at the Dammam Port in Saudi Arabia. Middle Eastern nations have been doubling down on trade with Asean and the broader Asian continent. A cargo ship docks at the Dammam Port in Saudi Arabia. Middle Eastern nations have been doubling down on trade with Asean and the broader Asian continent. https://www.businesstimes.com.sg/opinion-features/ev-race-japans-most-dangerous-rival-could-be-closer-home-china The Business Times en 2026-05-27T07:30:00+08:00 In the EV race, Japan’s most dangerous rival could be closer to home than China https://cassette.sphdigital.com.sg/image/businesstimes/c8efd57e0dffdc5b7bc6bd4fc9e00c2c4cbced27efa5bb35efadd5177ec06023 Toyota may be the world's biggest car company by volume, but it has hardly set the world of EVs alight, mainly because it has continued to bet heavy on hybrids (like the above, the Vellfire Hybrid). Toyota may be the world's biggest car company by volume, but it has hardly set the world of EVs alight, mainly because it has continued to bet heavily on hybrids such as the Vellfire Hybrid. https://www.businesstimes.com.sg/opinion-features/will-washingtons-cuba-campaign-succeed-time The Business Times en 2026-05-27T07:15:00+08:00 Will Washington’s Cuba campaign succeed this time? https://cassette.sphdigital.com.sg/image/businesstimes/29b86ba698a74b7bb9637787958d51f1caa9b1409348e8b716c2989d65b7ef8f Cuba is more economically fragile than at any point since 1993, with nationwide blackouts now routine. Cuba is more economically fragile than at any point since 1993, with nationwide blackouts now routine. https://www.businesstimes.com.sg/opinion-features/pakistan-defying-some-long-held-investing-myths The Business Times en 2026-05-27T07:00:00+08:00 Pakistan is defying some long-held investing myths https://cassette.sphdigital.com.sg/image/businesstimes/26fd86086957ca6eea2f42a719a004d484b3014e05b72acc09bb1448474f9c8a The energy shock from the Strait of Hormuz's closure has not led to a collapse of Pakistan's public finances. There is no currency crisis, either. The energy shock from the Strait of Hormuz's closure has not led to a collapse of Pakistan's public finances. There is no currency crisis, either. https://www.businesstimes.com.sg/opinion-features/columns/investors-can-ride-taiwans-ai-boom-singapore-depository-receipts The Business Times en 2026-05-27T07:00:00+08:00 Investors can ride Taiwan’s AI boom with Singapore depository receipts https://cassette.sphdigital.com.sg/image/businesstimes/36a2f37c10dcaba95359fafd56fecb183d4caebe6a6b80a28fd8e972d0b12342 If there are Singapore depository receipts for Taiwan stocks, their accessibility for Singapore investors will be improved. If there are Singapore depository receipts for Taiwan stocks, their accessibility for Singapore investors will be improved. https://www.businesstimes.com.sg/companies-markets/asia-insurers-increasing-infrastructure-debt-exposure-capital-rules-shift-schroders The Business Times en 2026-05-27T07:00:00+08:00 Asia insurers increasing infrastructure debt exposure as capital rules shift: Schroders https://cassette.sphdigital.com.sg/image/businesstimes/2a70e33ed18a6f2c278ef342369d94c3fe2fc97d18bafcf975639ad8d8a25791 Infrastructure debt is a subset of private credit that finances infrastructure assets such as power grids, transport networks and utilities, rather than the software or services built around them. Infrastructure debt is a subset of private credit that finances infrastructure assets such as power grids, transport networks and utilities, rather than the software or services built around them. https://www.businesstimes.com.sg/opinion-features/chinas-diplomatic-successes-are-broad-shallow The Business Times en 2026-05-27T07:00:00+08:00 China’s diplomatic successes are broad but shallow https://cassette.sphdigital.com.sg/image/businesstimes/5908489e4ef16c3afdcc1694d052d8481a1f251527d9db7cfb7a10536ca03c92 Russian President Vladimir Putin was among a flurry of world leaders who visited China to meet Chinese President Xi Jinping in rapid succession recently. Russian President Vladimir Putin was among the world leaders who visited China to meet President Xi Jinping in rapid succession recently. https://www.businesstimes.com.sg/wealth/wealth-investing/while-world-looks-west-returns-are-shifting-east The Business Times en 2026-05-27T07:00:00+08:00 While the world looks West, returns are shifting East https://cassette.sphdigital.com.sg/image/businesstimes/08d1662487a18cf5781f90122dff3f7404e7ca136d57bf0ed844ba53e69f6310 Spanning 10 diverse economies including Singapore, Asean has a combined GDP of over US$4 trillion, making it one of the most dynamic growth engines globally. Spanning 10 diverse economies including Singapore, Asean has a combined GDP of over US$4 trillion, making it one of the most dynamic growth engines globally. https://www.businesstimes.com.sg/international/american-airlines-equip-more-500-narrow-body-jets-starlink-wi-fi-2027 The Business Times en 2026-05-26T23:25:09+08:00 American Airlines to equip more than 500 narrow-body jets with Starlink Wi-Fi from 2027 https://cassette.sphdigital.com.sg/image/businesstimes/29caaadb2d28e739378223df92c6ab754915a2768165ca8773a53cdc87d90bd1 American Airlines currently offers free Wi-Fi for all customers enroled in its loyalty programme on nearly all of its flights in partnership with AT&T. American Airlines currently offers free Wi-Fi for all customers enroled in its loyalty programme on nearly all of its flights in partnership with AT&T. https://www.businesstimes.com.sg/international/us-consumer-confidence-ebbs-may-inflation-worries-mount The Business Times en 2026-05-26T22:40:16+08:00 US consumer confidence ebbs in May as inflation worries mount https://cassette.sphdigital.com.sg/image/businesstimes/8fbd5ef7b00d48b941d0707a60e840599f7f1556ac6ac723a980e7c517cf603b The Conference Board said its consumer confidence index slipped 0.7 points to 93.1 this month. The Conference Board said its consumer confidence index slipped 0.7 points to 93.1 this month. https://www.businesstimes.com.sg/companies-markets/us-stocks-gain-optimism-over-us-iran-deal-open-hormuz The Business Times en 2026-05-26T22:19:33+08:00 US stocks gain on optimism over US-Iran deal to open Hormuz https://cassette.sphdigital.com.sg/image/businesstimes/b4186d70ac61d00dda708dd32f15c9e360763720d645371c73481ef3a4c7c853 The S&P 500 Index opened 0.6 per cent higher on Tuesday (May 26) morning, on track for a fourth day of gains. The S&P 500 Index opened 0.6 per cent higher on Tuesday (May 26) morning, on track for a fourth day of gains. https://www.businesstimes.com.sg/companies-markets/ihh-healthcare-q1-net-profit-edges-3-rm528-million The Business Times en 2026-05-26T21:18:21+08:00 IHH Healthcare Q1 net profit edges up 3% to RM528 million https://cassette.sphdigital.com.sg/image/businesstimes/1f8ac58f7b2cbf4d3b4568704edb47f0d1ac83449b3b232c197e079125b35234 IHH Healthcare attributes its Q1 revenue growth to “sustained demand for quality healthcare services, a case mix of more acute patients and price adjustments to counter inflation”. IHH Healthcare attributes its Q1 revenue growth to “sustained demand for quality healthcare services, a case mix of more acute patients, and price adjustments to counter inflation”. https://www.businesstimes.com.sg/international/iran-says-new-us-strikes-violated-ceasefire The Business Times en 2026-05-26T20:50:31+08:00 Iran says new US strikes violated ceasefire https://cassette.sphdigital.com.sg/image/businesstimes/55b6fad8a3ab615ccbd24ab45c5679ba0b8b1ccd1295a45aa5cef307efa6e8b2 The war has caused an unprecedented oil supply shock, pushing up oil prices along with the costs of fuel, fertiliser and food. The war has caused an unprecedented oil supply shock, pushing up oil prices along with the costs of fuel, fertiliser and food. https://www.businesstimes.com.sg/property/allianz-said-have-leased-about-78000-sq-ft-shaw-tower The Business Times en 2026-05-26T20:26:04+08:00 Allianz said to have leased about 78,000 sq ft at Shaw Tower https://cassette.sphdigital.com.sg/image/businesstimes/418cee27d44ee4be323b7ea12f31f02d8ff6c69892709470b6f379f873f8e070 The new Shaw Tower in Beach Road in Singapore. BT PHOTO: KALPANA RASHIWALA The space Allianz has leased is in the low zone of the 32-storey Shaw Tower. https://www.businesstimes.com.sg/international/eurozone-may-face-pockets-stress-private-credit-not-systemic-risk-ecb The Business Times en 2026-05-26T20:24:30+08:00 Eurozone may face pockets of stress from private credit, not systemic risk: ECB https://cassette.sphdigital.com.sg/image/businesstimes/bd93243ea8ff2099cc4642c0a4264ee271d8b7c0876813f7b2888af77c9f2850 The European Central Bank noted that some private credit-reliant companies in the eurozone were showing deteriorating business prospects. The European Central Bank noted that some private credit-reliant companies in the eurozone were showing deteriorating business prospects. https://www.businesstimes.com.sg/international/mangos-jonathan-andic-steps-back-after-being-named-suspect-fathers-death The Business Times en 2026-05-26T20:21:31+08:00 Mango’s Jonathan Andic steps back after being named suspect in father’s death https://cassette.sphdigital.com.sg/image/businesstimes/3abda8ce27e1f26a090b11999fad7e96f468bf845f9127c8501f8a9037b3d3b6 A Spanish court last week named Jonathan Andic as a suspect in the death of his father, who died in December 2024 after falling more than 100 metres from a cliff while the two were hiking together. A Spanish court last week named Jonathan Andic as a suspect in the death of his father, who died in December 2024 after falling more than 100 metres from a cliff while the two were hiking together. https://www.businesstimes.com.sg/international/bitcoin-volatility-hits-nine-month-low-crypto-takes-breather The Business Times en 2026-05-26T20:18:01+08:00 Bitcoin volatility hits nine-month low as crypto takes breather https://cassette.sphdigital.com.sg/image/businesstimes/7b00b899804a6826c027d25b0306b27c415c728aff36d283a638e90ddebb5e9f US spot-Bitcoin exchange-traded funds have seen net outflows of about US$1 billion so far in May. US spot-Bitcoin exchange-traded funds have seen net outflows of about US$1 billion so far in May. https://www.businesstimes.com.sg/companies-markets/indonesian-court-upholds-earlier-dismissal-2-28-trillion-rupiah-claim-keppel-units-land The Business Times en 2026-05-26T20:16:07+08:00 Indonesian court upholds earlier dismissal of 2.28 trillion rupiah claim on Keppel unit’s land https://cassette.sphdigital.com.sg/image/businesstimes/a6090419d0d9e66cbba5375099d61c4e69c3c61a88cee4d633fe859c69c4ef29 The latest ruling comes after the claimant submitted an appeal against the South Jakarta District Court's Feb 9 decision that declared his lawsuit "inadmissible". The latest ruling comes after the claimant submitted an appeal against the South Jakarta District Court's Feb 9 decision that declared his lawsuit "inadmissible". https://www.businesstimes.com.sg/singapore/singaporean-accused-us-insider-trading-denied-bail The Business Times en 2026-05-26T20:00:12+08:00 Singaporean accused by US of insider trading denied bail https://cassette.sphdigital.com.sg/image/businesstimes/039b37b9990098c3e1f1aa1b7835eaa4ff66ce93b29c2b102ef9b572435c201f Ge Zhi was arrested by Singapore Police Force’s Commercial Affairs Department officers in July 2024. Ge Zhi was arrested by Singapore Police Force’s Commercial Affairs Department officers in July 2024. https://www.businesstimes.com.sg/wealth/wealth-investing/how-resist-nudge-invest-rumour The Business Times en 2026-05-26T19:51:07+08:00 How to resist the nudge to invest by rumour https://cassette.sphdigital.com.sg/image/businesstimes/ecca9809f6523227b8623d2a10a8448af723548b4ef8d17de9a7edcb3b77c27d Investors who manage to resist investing by rumours share a few habits: One of them is that they check the source before checking the story. Investors who manage to resist investing by rumours share a few habits: One of them is that they check the source before checking the story. https://www.businesstimes.com.sg/property/one-raffles-place-attracting-interest-ioi-cli-tycoons-sources The Business Times en 2026-05-26T19:33:54+08:00 One Raffles Place attracting interest from IOI, CLI, tycoons: sources https://cassette.sphdigital.com.sg/image/businesstimes/1654a8fdd0d8850946257a093a688a61aeaeb55a48ec7dd7bcd38d0092c3d603 One Raffles Place was worth S$2.37 billion based on a valuation of the Reit’s stake at the end of 2025. It has 702,980 square feet of lettable space. One Raffles Place was worth S$2.37 billion based on a valuation of the Reit’s stake at the end of 2025. It has 702,980 square feet of lettable space. https://www.businesstimes.com.sg/companies-markets/singapore-stocks-fall-us-strikes-iran-despite-peace-talks-sti-down-0-8 The Business Times en 2026-05-26T19:00:25+08:00 Singapore stocks fall as US strikes Iran despite peace talks; STI down 0.8% https://cassette.sphdigital.com.sg/image/businesstimes/4a8b483f143c0637b312f8d315b3eae40f90efa7a0d7fba29c58b541fc5c5979 The benchmark Straits Times Index is down 41.75 points at 5,028.80. The benchmark Straits Times Index is down 41.75 points at 5,028.80. https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-may-261 The Business Times en 2026-05-26T18:36:24+08:00 Daily Debrief: What Happened Today (May 26) https://cassette.sphdigital.com.sg/image/businesstimes/8767fc2a17c6a55cb924be83ef5c3e7caeb0fb441f30f4154df5731195d92f8f A semiconductor fabrication plant. The linchpin electronics sector surges 44% for the month, extending March's 29% rise. A semiconductor fabrication plant. The linchpin electronics sector surges 44% for the month, extending March's 29% rise. https://www.businesstimes.com.sg/international/asean/wilmar-musim-mas-among-palm-oil-firms-indonesia-under-probe-suspected-export-under-invoicing The Business Times en 2026-05-26T18:33:13+08:00 Wilmar, Musim Mas among palm-oil firms in Indonesia under probe for suspected export under-invoicing https://cassette.sphdigital.com.sg/image/businesstimes/40e8be62aa0067de0f3c44a9d40ba8f3d547641a7d3ba9ebb34b6298c1cbfdef Purbaya Yudhi Sadewa, Indonesia's finance minister, during an interview in Jakarta, Indonesia, on Thursday, April 2, 2026. Photographer: Rosa Panggabean/Bloomberg Indonesia's Finance Minister Purbaya Yudhi Sadewa says figures in the reported export data are roughly 50% lower than the actual numbers. https://www.businesstimes.com.sg/international/trump-and-warshs-fates-are-now-tied-better-or-worse The Business Times en 2026-05-26T18:16:58+08:00 Trump and Warsh’s fates are now tied, for better or worse https://cassette.sphdigital.com.sg/image/businesstimes/e915eca7bacf6e285bf9066c1575f81c39b05419a91324b486550cbec3776603 Kevin Warsh (left) has been asked to “do your own thing and do a great job” by US President Donald Trump. Kevin Warsh (left) has been asked to “do your own thing and do a great job” by US President Donald Trump. https://www.businesstimes.com.sg/property/ntt-docomo-has-sold-tokyo-land-plots-59-billion-yen-amid-property-market-boom-sources The Business Times en 2026-05-26T18:14:02+08:00 NTT Docomo has sold Tokyo land plots for 59 billion yen amid property market boom: sources https://cassette.sphdigital.com.sg/image/businesstimes/8acbf0c9da28bf3b3e22bede3b0841625763e679dc3afdd699b79ec4cf761a7c Foreign and domestic investors have been flocking to Japan’s real estate market to buy properties that have been rising in price but are still seen by market players as having scope to gain. Foreign and domestic investors have been flocking to Japan’s real estate market to buy properties that have been rising in price but are still seen by market players as having scope to gain. https://www.businesstimes.com.sg/international/quad-launches-indo-pacific-monitor-plan-hormuz-crisis-deepens The Business Times en 2026-05-26T17:56:41+08:00 Quad launches Indo-Pacific monitor plan as Hormuz crisis deepens https://cassette.sphdigital.com.sg/image/businesstimes/e64da0e19e31410754b9fce4021bf21bd3574dfc7057e54032a42258979f0c8e US Secretary of State Marco Rubio announces plans on energy and critical minerals partnerships within the bloc. US Secretary of State Marco Rubio announces plans on energy and critical minerals partnerships within the bloc. https://www.businesstimes.com.sg/international/china-expands-travel-curbs-top-ai-talent-private-firms The Business Times en 2026-05-26T17:49:07+08:00 China expands travel curbs to top AI talent at private firms https://cassette.sphdigital.com.sg/image/businesstimes/41cd2444fdbb631885dccc10e89924ff734310985b1e65ad1ec6f5153f63e745 Chinese government agencies have begun imposing restrictions on individuals involved in advanced AI work and considered strategically important to the country. Chinese government agencies have begun imposing restrictions on individuals involved in advanced AI work and considered strategically important to the country. https://www.businesstimes.com.sg/international/rents-soar-londoners-turn-vacant-pubs-offices-and-police-stations The Business Times en 2026-05-26T17:40:21+08:00 As rents soar, Londoners turn to vacant pubs, offices and police stations https://cassette.sphdigital.com.sg/image/businesstimes/c9cba1c97df33c1b1e200287c5a045e1e1df6376ebb161b30e08786d6135d02a Liam McGovren has lived in eight locations as a guardian since 2021, including in an office, a pub and as the sole occupant of a boutique hotel (above). Liam McGovren at The Kings Arms Hotel, a former boutique hotel, now a guardian property in London. McGovren has lived in eight locations as a guardian since 2021. https://www.businesstimes.com.sg/startups-tech/startups/ai-unlikely-lead-jobs-apocalypse-openai-ceo-altman-says The Business Times en 2026-05-26T17:06:28+08:00 AI unlikely to lead to ‘jobs apocalypse’, OpenAI CEO Altman says https://cassette.sphdigital.com.sg/image/businesstimes/07dbf6d1238d0f901c473cfc3940c34432817248c74f6f06121ba011f7098ee9 OpenAI CEO Sam Altman says: "It really, in both positive and negative ways, updated me to thinking that the jobs picture is likely to be very different than we thought.” OpenAI CEO Sam Altman says: "It really, in both positive and negative ways, updated me to thinking that the jobs picture is likely to be very different than we thought.” https://www.businesstimes.com.sg/international/bojs-new-trend-gauge-shows-inflation-exceeding-target The Business Times en 2026-05-26T16:55:58+08:00 BOJ’s new trend gauge shows inflation exceeding target https://cassette.sphdigital.com.sg/image/businesstimes/a82ec01e5ff29beac1ce80dfd029fd1d8580c89b1983fe1f602f9aad095a8b10 The Bank of Japan began disclosing the data from March to enhance communication on underlying inflation. The Bank of Japan began disclosing the data from March to enhance communication on underlying inflation. https://www.businesstimes.com.sg/companies-markets/energy-commodities/malaysia-jolts-bullion-trade-10-import-duty-gold-bars The Business Times en 2026-05-26T16:19:49+08:00 Malaysia jolts bullion trade with 10% import duty on gold bars https://cassette.sphdigital.com.sg/image/businesstimes/a57407e06fc57080db19796d37e495533a55002e898ec9c19de89d81d4689b5e Gold rallied to a record earlier this year, stoking investor interest in the commodity, including in Asia. Gold rallied to a record earlier this year, stoking investor interest in the commodity, including in Asia. https://www.businesstimes.com.sg/companies-markets/banking-finance/sri-lanka-jolts-markets-outsized-100-bp-rate-hike-counter-gulf-crisis The Business Times en 2026-05-26T15:49:32+08:00 Sri Lanka jolts markets with outsized 100-bp rate hike to counter Gulf crisis https://cassette.sphdigital.com.sg/image/businesstimes/89b5629fca51ce008800bdffd42032377425aed6fb1acb2a604e025870864ac5 The central bank says headline inflation is likely to remain above the target of 5 per cent in the period ahead, before easing and stabilising around it. The central bank says headline inflation is likely to remain above the target of 5 per cent in the period ahead, before easing and stabilising around it. https://www.businesstimes.com.sg/companies-markets/energy-commodities/indonesias-merdeka-gold-eyes-hong-kong-debut-rare-depositary-receipt-listing The Business Times en 2026-05-26T15:39:58+08:00 Indonesia’s Merdeka Gold eyes Hong Kong debut with rare depositary receipt listing https://cassette.sphdigital.com.sg/image/businesstimes/cfa0a7dc1ab21176a36ee74404d1f99221e0a84942e87ba67fc880c05cfdb56c Merdeka is a unit of listed miner Merdeka Copper Gold, which is backed by the likes of coal baron Garibaldi Thohir. For Merdeka Gold, the listing would offer an alternate venue at a time when Indonesia’s stock market is under pressure. https://www.businesstimes.com.sg/wealth/wealth-investing/alternative-investings-next-phase-tackling-portfolio-challenges The Business Times en 2026-05-26T15:32:56+08:00 Alternative investing’s next phase: tackling portfolio challenges https://cassette.sphdigital.com.sg/image/businesstimes/c3b45e267c7a6432ea1da77e7e173ffbe313d853d0bb3b699b4ee7cfc995ca59 Investors are asking more sophisticated questions than they were even just a year ago. Investors are asking more sophisticated questions than they were even just a year ago. https://www.businesstimes.com.sg/wealth/wealth-investing/look-sustainable-investing-mitigate-systemic-risks The Business Times en 2026-05-26T15:23:40+08:00 Look to sustainable investing to mitigate systemic risks https://cassette.sphdigital.com.sg/image/businesstimes/2485a91220d2283f1eacc016306d6cf0afe3292a8b9ca6adc2341799ba9d1549 Food security risks are mounting in Asia, stemming from population growth, climate shocks and resource insecurity. Food security risks are mounting in Asia, stemming from population growth, climate shocks and resource insecurity. https://www.businesstimes.com.sg/wealth/wealth-investing/end-easy-cash-returns-forces-rethink-fixed-income The Business Times en 2026-05-26T15:00:15+08:00 The end of easy cash returns forces a rethink of fixed income https://cassette.sphdigital.com.sg/image/businesstimes/f802c58ad6449025b8df4b6c6875e8522faa47a1734e7fe98fc4f5be30390609 With US dollar cash rates now closer to the mid-3% range, its relative appeal has diminished compared to recent years. With US dollar cash rates now closer to the mid-3% range, its relative appeal has diminished compared to recent years. https://www.businesstimes.com.sg/companies-markets/transport-logistics/sats-may-reward-shareholders-special-dividend-if-theres-spare-cash The Business Times en 2026-05-26T14:47:25+08:00 Sats may reward shareholders with special dividend if there’s spare cash https://cassette.sphdigital.com.sg/image/businesstimes/6957c54ff84c7212896b6e5acdcdeb05975b372a4832669ac6a6af5a311bd4e4 CEO Kerry Mok says Sats has “a lot of growth opportunities”, including investments in AI and new geographies, as well as refreshing its assets. CEO Kerry Mok says Sats has “a lot of growth opportunities”, including investments in AI and new geographies, as well as refreshing its assets. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/samsungs-non-chip-union-seeks-court-order-block-vote-40-trillion-won-bonus-deal The Business Times en 2026-05-26T14:25:38+08:00 Samsung’s non-chip union seeks court order to block vote on 40-trillion won bonus deal https://cassette.sphdigital.com.sg/image/businesstimes/9ed582b779f52e1d304f1fae64c62db407747fe8e01258e0541f06007c1686a4 Workers are demanding a greater share of earnings as Samsung is on track to become one of the world’s most profitable firms by the end of the year. Workers are demanding a greater share of earnings as Samsung is on track to become one of the world’s most profitable firms by the end of the year.