https://www.businesstimes.com.sg/companies-markets/fight-over-essilorluxottica-founders-us47-billion-fortune-deepens-heir-quits-roles-ray-ban-maker The Business Times en 2026-08-30T15:55:37+08:00 Fight over EssilorLuxottica founder’s US$47 billion fortune deepens as heir quits roles at Ray-Ban maker https://cassette.sphdigital.com.sg/image/businesstimes/1af66887f9b385e77d84e9a38acff11274c283ae6201792c796bc9ade2bd40d2 Leonardo Maria Del Vecchio’s exit from the roles of EssilorLuxottica chief strategist and Ray-Ban president is not likely to have an immediate impact on the firm’s operations. Leonardo Maria Del Vecchio’s exit from the roles of EssilorLuxottica chief strategist and Ray-Ban president is not likely to have an immediate impact on the firm’s operations. https://www.businesstimes.com.sg/international/global/too-much-hassle-tougher-rules-drive-retail-investors-south-korean-leveraged-chip-etfs The Business Times en 2026-08-30T14:14:07+08:00 ‘Too much of a hassle’: Tougher rules drive retail investors from South Korean leveraged chip ETFs https://cassette.sphdigital.com.sg/image/businesstimes/6ffe0de227bf075e025cc914e92c702b8dc8ce6efd440b5f8fedb98e6c277633 Single-stock ETFs were introduced in May to draw retail money into the local market, but quickly became a political hot potato in South Korea. Single-stock ETFs were introduced in May to draw retail money into the local market, but quickly became a political hot potato in South Korea. https://www.businesstimes.com.sg/companies-markets/transport-logistics/comfortdelgro-tie-french-firm-ratp-dev-run-copenhagen-metro-sept-2027 The Business Times en 2026-08-30T12:37:32+08:00 ComfortDelGro tie-up with French firm RATP Dev to run Copenhagen Metro from Sept 2027 https://cassette.sphdigital.com.sg/image/businesstimes/92705f3124907ba22f8984f897c2a29a38e57927904924c41b0b66ec18560a9d This is the third tie-up between ComfortDelGro and RATP Dev to operate a metro line. This is the third tie-up between ComfortDelGro and RATP Dev to operate a metro line. https://www.businesstimes.com.sg/international/venezuela-says-25-year-us-oil-deal-could-generate-us209-billion-while-preserving-resource The Business Times en 2026-08-30T12:07:45+08:00 Venezuela says 25-year US oil deal could generate US$209 billion while preserving resource sovereignty https://cassette.sphdigital.com.sg/image/businesstimes/4458437981765fcb3415bf544351a1c50d49758c6e1c1558ececba3eb187196f Venezuela's Delcy Rodriguez (left) welcomed the agreement following Trump’s announcement, saying it would bolster economic growth and increase government revenue. Venezuela's Delcy Rodriguez (left) welcomed the agreement following Trump’s announcement, saying it would bolster economic growth and increase government revenue. https://www.businesstimes.com.sg/companies-markets/energy-commodities/sheffield-green-hunt-acquisitions-wind-power-maintenance-it-diversifies-beyond-manpower The Business Times en 2026-08-30T12:00:00+08:00 Sheffield Green on the hunt for acquisitions in wind power maintenance as it diversifies beyond manpower https://cassette.sphdigital.com.sg/image/businesstimes/081b3ece747f1a149c2cea140f9c0262c161e7ed948d904512fe46814099bf98 Chief executive Bryan Kee is looking to differentiate from competitors to avoid a price war. Chief executive Bryan Kee is looking to differentiate from competitors to avoid a price war. https://www.businesstimes.com.sg/international/global/hold-rates-or-defy-trump-us-fed-chair-warsh-faces-no-win-inflation-dilemma The Business Times en 2026-08-30T11:28:21+08:00 Hold rates or defy Trump? US Fed chair Warsh faces ‘no-win’ inflation dilemma https://cassette.sphdigital.com.sg/image/businesstimes/4b1947bb1c41a7cc570bb08a71c62f2d6e4f2431ca3e3b80b7159f554372a7ac Increasing rates would put Kevin Warsh (centre) immediately at odds with Trump, who has gone to great lengths to pressure the Fed into lowering rates. Increasing rates would put Kevin Warsh (centre) immediately at odds with Trump, who has gone to great lengths to pressure the Fed into lowering rates. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/chinese-chipmaker-cxmt-sues-pentagon-over-chinese-military-company-designation The Business Times en 2026-08-30T10:14:29+08:00 Chinese chipmaker CXMT sues Pentagon over ‘Chinese military company’ designation https://cassette.sphdigital.com.sg/image/businesstimes/2f62ba283203886723ed068419042d4d7ba0a43f678990a4e3f29a63cc30251e CXMT argues that the Pentagon’s decision was “arbitrary,” lacked evidentiary support and violated its due-process rights. CXMT argues that the Pentagon’s decision was “arbitrary,” lacked evidentiary support and violated its due-process rights. https://www.businesstimes.com.sg/international/global/himalayan-flood-death-toll-rises-750-across-nepal-and-tibet-over-3000-missing The Business Times en 2026-08-30T09:36:05+08:00 Himalayan flood death toll rises to 750 across Nepal and Tibet; over 3,000 missing https://cassette.sphdigital.com.sg/image/businesstimes/b92f8b77cd5bb38cd2e53c8890e8000874e7f69f84bf1eb745e200ebf0e6e29f Search and rescue operations resumed in the afternoon of Aug 29 in Nepal after being temporarily halted because of rain and fog. Search and rescue operations resumed in the afternoon of Aug 29 in Nepal after being temporarily halted because of rain and fog. https://www.businesstimes.com.sg/international/global/glencore-books-us480-million-provision-covering-entire-radiant-world-exposure-sources The Business Times en 2026-08-30T08:57:29+08:00 Glencore books US$480 million provision covering entire Radiant World exposure: sources https://cassette.sphdigital.com.sg/image/businesstimes/ece1facea5e9a7d3fed90fe4d9563986896c68a99391e259fa52c9b0982a7b16 Glencore said earlier in August that its exposure to Radiant World was “well below” US$500 million Glencore said earlier in August that its exposure to Radiant World was “well below” US$500 million https://www.businesstimes.com.sg/international/walmart-settles-us-governments-opioid-lawsuit-which-sought-billions-us50-million The Business Times en 2026-08-29T14:17:05+08:00 Walmart settles US government’s opioid lawsuit, which sought billions, for US$50 million https://cassette.sphdigital.com.sg/image/businesstimes/a6a26a060d1f1d296543d2ce94ac5b887f1b76a8371d1f59bd13f439431e52ef The Justice Department had accused Walmart of having repeatedly violated the federal Controlled Substances Act since 2013. The Justice Department had accused Walmart of having repeatedly violated the federal Controlled Substances Act since 2013. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/openai-end-agreement-spacexs-ai-coding-tool-cursor-deepening-musk-altman-clash The Business Times en 2026-08-29T12:27:51+08:00 OpenAI to end agreement with SpaceX’s AI coding tool Cursor, deepening Musk-Altman clash https://cassette.sphdigital.com.sg/image/businesstimes/c5296c230132d6f661e90244a66a647ea8170484be6ec7ab0a55553f17b6de15 Sam Altman (pictured) and Elon Musk have been at odds for years, a feud that culminated in a trial which Musk lost. Sam Altman (pictured) and Elon Musk have been at odds for years, a feud that culminated in a trial which Musk lost. https://www.businesstimes.com.sg/property/china-ramps-credit-support-overhaul-property-market The Business Times en 2026-08-29T12:07:11+08:00 China ramps up credit support in overhaul of property market https://cassette.sphdigital.com.sg/image/businesstimes/2dd2ab9149723a859baf6b64df41691150c1a281830db0810d1777ac9ffd7b63 Homebuyers will be able to borrow for a term of up to 40 years for their mortgages, up from the current 30 years. Homebuyers will be able to borrow for a term of up to 40 years for their mortgages, up from the current 30 years. https://www.businesstimes.com.sg/lifestyle/style-travel/luxury-watches-jewellery-bags-highlights-s3-billion-money-laundering-auction The Business Times en 2026-08-29T12:00:00+08:00 Luxury watches, jewellery, bags: Highlights from the S$3 billion money laundering auction https://cassette.sphdigital.com.sg/image/businesstimes/73411603695e68858bd079dcd3c9d4713b20b21ad0802c8fd79e40f5b8f5dbbd The Patek Philippe Sky Moon Tourbillion in platinum, a highly coveted “grail-watch” among collectors. The item is among assets seized in Singapore’s S$3 billion money laundering case, which will be offered to the public in auctions beginning on Sep 7.  A future auction will include the rare Patek Philippe Sky Moon Tourbillion in platinum, a highly coveted “grail-watch” among collectors. https://www.businesstimes.com.sg/singapore/s3b-money-laundering-case-15-carat-diamond-yayoi-kusama-chanel-items-auction The Business Times en 2026-08-29T12:00:00+08:00 S$3b money laundering case: 15-carat diamond, Yayoi Kusama, Chanel items up for auction https://cassette.sphdigital.com.sg/image/businesstimes/578d958faedc4e27ab84a154c03573c72f2ff4ef0e33a4073dea61d7c89b8131 This 15.02-carat fancy yellow diamond ring has one of the highest estimates in the upcoming auction, at S$200,000 to S$300,000. This 15.02-carat fancy yellow diamond ring has one of the highest estimates in the upcoming auction, at S$200,000 to S$300,000. https://www.businesstimes.com.sg/lifestyle/style-travel/s3b-money-laundering-auction-how-hotlotz-landed-its-biggest-consignment The Business Times en 2026-08-29T12:00:00+08:00 S$3b money laundering auction: How Hotlotz landed its biggest consignment https://cassette.sphdigital.com.sg/image/businesstimes/d43f8f217a04b26e8cf5eea64b3fdbeaf14b774b721145d8e2b5a296d46c5ab5 Matthew Elton is founder and CEO of Hotlotz, which will conduct 15 timed online auctions over nine months to sell the forfeited goods. Matthew Elton is founder and CEO of Hotlotz, which will conduct 15 timed online auctions over nine months to sell the forfeited goods. https://www.businesstimes.com.sg/international/global/warshs-inflation-warning-sets-september-showdown-us-fed The Business Times en 2026-08-29T11:02:35+08:00 Warsh’s inflation warning sets up September showdown for US Fed https://cassette.sphdigital.com.sg/image/businesstimes/c448adaf47475bf43a6aa0532336d3af779afce31f94fb930bb8bb999ae9ee96 US Federal Reserve chief Kevin Warsh has affirmed his willingness to act to bring down persistent inflation. US Federal Reserve chief Kevin Warsh has affirmed his willingness to act to bring down persistent inflation. https://www.businesstimes.com.sg/companies-markets/banking-finance/yen-passes-160-dollar-hit-weakest-level-month The Business Times en 2026-08-29T10:39:21+08:00 Yen passes 160 per dollar to hit weakest level in a month https://cassette.sphdigital.com.sg/image/businesstimes/f6b39349e7d37454118a6accbcd412d8dd3c62617d2f343c185ffb2ed7571255 The yen fell as much as 0.5 per cent to 160.20 versus the greenback on Friday (Aug 28). The yen fell as much as 0.5 per cent to 160.20 versus the greenback on Friday (Aug 28). https://www.businesstimes.com.sg/opinion-features/temasek-supports-sias-long-term-strategy The Business Times en 2026-08-29T10:17:40+08:00 Temasek supports SIA’s long-term strategy https://cassette.sphdigital.com.sg/image/businesstimes/004eb02fda03bb9d2b86091c79a45a67e15f6be70384311d24cd7392aba4c18d Singapore Airlines planes at Changi Airport. SIA has long participated in the India market, including an operating presence through Vistara since 2013. SIA has long participated in the India market, including an operating presence through Vistara since 2013. https://www.businesstimes.com.sg/opinion-features/letter-editor-sias-investment-air-india-will-support-long-term-growth The Business Times en 2026-08-29T10:13:01+08:00 Letter to the editor: SIA’s investment in Air India will support long-term growth https://cassette.sphdigital.com.sg/image/businesstimes/9e2bf52feacbd4861f115f6f8d28cbc91aee53eaa46a5f2d4aee229edf217367 An Air India plane. Singapore Airlines and Tata have publicly recognised that the Air India transformation programme will take time. Singapore Airlines and Tata have publicly recognised that the Air India transformation programme will take time. https://www.businesstimes.com.sg/singapore/singapore-sell-luxury-homes-seized-record-money-laundering-case The Business Times en 2026-08-29T10:00:44+08:00 Singapore to sell luxury homes seized in record money laundering case https://cassette.sphdigital.com.sg/image/businesstimes/ae77c6a8d9708d469f5285158c99536e487cd94dd9100cd5ab2ecedb95818bf6 The property at 16 Ewart Park which once belonged to convicted money launderer Su Haijin. The property at 16 Ewart Park which once belonged to convicted money launderer Su Haijin. https://www.businesstimes.com.sg/companies-markets/transport-logistics/honda-nissan-reach-deal-joint-development-vehicle-software-report The Business Times en 2026-08-29T09:45:42+08:00 Honda, Nissan to reach deal on joint development of vehicle software: report https://cassette.sphdigital.com.sg/image/businesstimes/f77a0fbc299c42e9ef74afbe4619860a60d302bcea83c6e662db6cf2db160179 Nissan’s CEO Ivan Espinosa said earlier this month that the company was discussing possible areas of software collaboration with Honda. Nissan’s CEO Ivan Espinosa said earlier this month that the company was discussing possible areas of software collaboration with Honda. https://www.businesstimes.com.sg/international/trump-says-us-taking-partial-control-venezuelas-vast-oil-reserves The Business Times en 2026-08-29T09:05:15+08:00 Trump says US is taking partial control of Venezuela’s vast oil reserves https://cassette.sphdigital.com.sg/image/businesstimes/01c9a774ce500be29e82e835ba88dfb2d2d23f9e1e82c7375209fa4f279e52e3 US President Donald Trump’s announcement provided few details on the structure of the agreement, the fields or companies involved. US President Donald Trump’s announcement provided few details on the structure of the agreement, the fields or companies involved. https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-settles-lower-clues-about-fed-policy-rumours-hormuz-deal The Business Times en 2026-08-29T08:32:43+08:00 Oil settles lower on clues about Fed policy, rumours of Hormuz deal https://cassette.sphdigital.com.sg/image/businesstimes/9ef0a0ec99defe244e7172e0f6872c31d92fc0f72d1f059e87c93f9c0ed5253f Vessels in the Strait of Hormuz near the beach of Bandar Abbas, Iran, Aug 28, 2026. Vessels in the Strait of Hormuz near the beach of Bandar Abbas, Iran, Aug 28, 2026. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-rise-french-stocks-rebound-markets-digest-warsh-speech The Business Times en 2026-08-29T07:48:01+08:00 European shares rise as French stocks rebound; markets digest Warsh speech https://cassette.sphdigital.com.sg/image/businesstimes/f75950ca06c034ebfe74e6c3ae184fd425cb257390b26184c60177b1b3633e77 The Stoxx 600 index closed 0.5 per cent higher at 655.16 points on Friday, posting a modest weekly gain. The Stoxx 600 index closed 0.5 per cent higher at 655.16 points on Friday, posting a modest weekly gain. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-wall-street-ends-lower-after-fed-chair-warsh-reaffirms-inflation-fight The Business Times en 2026-08-29T07:41:37+08:00 US stocks: Wall Street ends lower after Fed Chair Warsh reaffirms inflation fight https://cassette.sphdigital.com.sg/image/businesstimes/ba7ee4ceb43126f6c01ac056b7b3203fd179db9103af565a5566a35e8dcd4baa The S&P 500 lost 19.23 points, or 0.25 per cent, to 7,711.76 on Friday. The S&P 500 lost 19.23 points, or 0.25 per cent, to 7,711.76 on Friday. https://www.businesstimes.com.sg/lifestyle/chinese-robots-have-beaten-usain-bolts-100-m-record-should-we-be-impressed The Business Times en 2026-08-29T07:00:00+08:00 Chinese robots have beaten Usain Bolt’s 100 m record. Should we be impressed? https://cassette.sphdigital.com.sg/image/businesstimes/9167aaf10d0f8f984e57804fb8883bf31c6fe530f2e0479545d62e42bb8c197e Humanoid robots cross the finish line during a 100 m race at the 2026 World Humanoid Robot Games at the National Speed Skating Oval in Beijing, China. High-profile feats of robotic athleticism have become increasingly common in China, where a humanoid robotics industry has flourished. https://www.businesstimes.com.sg/opinion-features/why-investing-identity-early-important-building-nest-egg The Business Times en 2026-08-29T07:00:00+08:00 Why investing in identity early is as important as building a nest egg https://cassette.sphdigital.com.sg/image/businesstimes/75d3d9f1d67cfa4ccfe89f1c13d9c57cbf21a0cfb432ab6aff43ce0b71934e65 Illustration of business man with bag Careers take decades to build, yet few people put the same effort into figuring out who they are without one. https://www.businesstimes.com.sg/lifestyle/hongqi-e-hs9-review-time-trade-your-s-class The Business Times en 2026-08-29T07:00:00+08:00 Hongqi E-HS9 review: Time to trade in your S-Class? https://cassette.sphdigital.com.sg/image/businesstimes/8758a6cb547de7bd50261def230d811183fc716a545c5c93faba0e0ebf62b0b2 Despite its bulk, the E-HS9 is far from sluggish and anything but clumsy, hitting 100 kmh in a brisk 5.5 seconds. Despite its bulk, the E-HS9 is far from sluggish and anything but clumsy, hitting 100 kmh in a brisk 5.5 seconds. https://www.businesstimes.com.sg/opinion-features/protein-products-are-booming-asia-heres-how-businesses-can-seize-opportunity The Business Times en 2026-08-29T07:00:00+08:00 Protein products are booming in Asia – here’s how businesses can seize the opportunity https://cassette.sphdigital.com.sg/image/businesstimes/76eac62a883812709cd6c946b85799d70e7b80bd9cb7552d9acfd8c226962a0d Once confined to sports nutrition, protein is now showing up in everything, from yogurt and noodles to ready-to-eat meals and baked goods. Once confined to sports nutrition, protein is now showing up in everything, from yogurt and noodles to ready-to-eat meals and baked goods. https://www.businesstimes.com.sg/companies-markets/boards-should-preset-instead-reset-keppel-chairman-piyush-gupta The Business Times en 2026-08-28T23:19:45+08:00 Boards should ‘preset’ instead of reset: Keppel chairman Piyush Gupta https://cassette.sphdigital.com.sg/image/businesstimes/052b57b8211d4688929e82c9e2270e0b6bd17c92b4e7eae7b15541fa369536c2 Gupta was conferred SID’s Honorary Fellowship in recognition of his distinguished contributions. Gupta was conferred SID’s Honorary Fellowship in recognition of his distinguished contributions. https://www.businesstimes.com.sg/international/warsh-says-inflation-isnt-slowing-vows-hit-feds-2-target The Business Times en 2026-08-28T22:34:30+08:00 Warsh says inflation isn’t slowing, vows to hit Fed’s 2% target https://cassette.sphdigital.com.sg/image/businesstimes/07f83c3b3bd6137b6952827baa3a362cbec37520a48d61e391616d191edf94d0 Warsh reiterated that policymakers will return inflation to their 2 per cent goal, which he said is a firm and fixed target. Warsh reiterated that policymakers will return inflation to their 2 per cent goal, which he said is a firm and fixed target. https://www.businesstimes.com.sg/international/canadas-q2-gdp-recovers-sharply-domestic-demand-revives-exports-grow The Business Times en 2026-08-28T22:20:00+08:00 Canada's Q2 GDP recovers sharply as domestic demand revives, exports grow https://cassette.sphdigital.com.sg/image/businesstimes/45458ffe4b60f42c7815468b6ddccabc9dbc7c8c51f00ede84dc6506fae79769 On a quarterly basis, the GDP grew at 0.8 per cent for the quarter ending June, from an upwardly revised 0.1 per cent in the previous quarter. On a quarterly basis, the GDP grew at 0.8 per cent for the quarter ending June, from an upwardly revised 0.1 per cent in the previous quarter. https://www.businesstimes.com.sg/singapore/new-ai-powered-smrt-command-centre-aims-make-bus-services-safer-more-reliable-and-faster The Business Times en 2026-08-28T21:46:41+08:00 New AI-powered SMRT command centre aims to make bus services safer, more reliable and faster https://cassette.sphdigital.com.sg/image/businesstimes/14d44eddbe1d86a99dabf58b5a03da54b3f005f7d837909dee1cbd45d20a275a The iDepot tool uses an autonomous surveillance robot equipped with infrared sensors to patrol Gali Batu Bus Depot. The iDepot tool uses an autonomous surveillance robot equipped with infrared sensors to patrol Gali Batu Bus Depot. https://www.businesstimes.com.sg/companies-markets/wall-street-opens-subdued-ahead-warshs-speech The Business Times en 2026-08-28T21:42:59+08:00 Wall Street opens subdued ahead of Warsh's speech https://cassette.sphdigital.com.sg/image/businesstimes/303a3c6f6a8029def3fff00194dbc3f1b23367b9542325ea2f1f055ddf1627fe The Dow Jones Industrial Average rose 42.5 points, or 0.08 per cent, at the open to 53,611.94. The Dow Jones Industrial Average rose 42.5 points, or 0.08 per cent, at the open to 53,611.94. https://www.businesstimes.com.sg/property/china-reform-home-sales-system-curb-delivery-risks The Business Times en 2026-08-28T21:00:08+08:00 China to reform home sales system to curb delivery risks https://cassette.sphdigital.com.sg/image/businesstimes/621dfc44f54f97663cff7a4e5ce6ab325245be91ea67878e64abce024954d3b8 China’s property developers had for decades used a presale model, where homes are sold before project completion. China’s property developers had for decades used a presale model, where homes are sold before project completion. https://www.businesstimes.com.sg/singapore/income-insurance-ceo-andrew-yeo-resigns-company-process-identifying-successor The Business Times en 2026-08-28T20:25:43+08:00 Income Insurance CEO Andrew Yeo resigns, company in process of identifying successor https://cassette.sphdigital.com.sg/image/businesstimes/0d1330023fc4ed383cbc17390eb098b0e3f8b39448e09f5694fd165cf6a59a5a Andrew Yeo was at the helm of Income Insurance in July 2024 when German insurer Allianz proposed to buy a majority stake in it. Andrew Yeo was at the helm of Income Insurance in July 2024 when Allianz proposed to buy a majority stake in it. https://www.businesstimes.com.sg/companies-markets/banking-finance/dollar-heads-weekly-gain-warsh-remarks-awaited The Business Times en 2026-08-28T20:16:32+08:00 Dollar heads for weekly gain as Warsh remarks awaited https://cassette.sphdigital.com.sg/image/businesstimes/ce213f4f77755b2c87fb7aae3aa6830cc6d639fb160f64ff0d5552ddf98aa21c The dollar index, which measures the currency against six major peers, was at 99.18, just below Thursday’s one-week high of 99.26. The dollar index, which measures the currency against six major peers, was at 99.18, just below Thursday’s one-week high of 99.26. https://www.businesstimes.com.sg/international/panama-canal-congestion-drives-gas-tankers-unusual-routes The Business Times en 2026-08-28T19:58:51+08:00 Panama Canal congestion drives gas tankers to unusual routes https://cassette.sphdigital.com.sg/image/businesstimes/fe59b0629f50beaeed7275b0d83a62c79cd25e4ce0581a48c23b19507b5ff4ab More traffic has been directed through the Panama Canal due to the Iran war. More traffic has been directed through the Panama Canal due to the Iran war. https://www.businesstimes.com.sg/international/global/how-shein-had-make-peace-china-finally-go-public The Business Times en 2026-08-28T19:49:01+08:00 How Shein had to make peace with China to finally go public​ https://cassette.sphdigital.com.sg/image/businesstimes/0cb6b3184c75f5bdbec5fa26b68997092e76c9954ae95775f71bfe711cbf2892 Shein describes China as the anchor of its global logistics and fulfilment system, with nearly 80% of its workforce is in mainland China. Shein describes China as the anchor of its global logistics and fulfilment system, with nearly 80% of its workforce is in mainland China. https://www.businesstimes.com.sg/international/japan-spent-record-us96-5-billion-support-yen-over-past-month-data-shows The Business Times en 2026-08-28T19:46:52+08:00 Japan spent record US$96.5 billion to support yen over past month, data shows https://cassette.sphdigital.com.sg/image/businesstimes/77996acfa8fb5459e7c3a4d19f7984dad9ae398adfffadcbb8059a5810ea3bba The BOJ entered the market to buy yen on Jul 30 and Jul 31 as the Japanese currency plumbed its weakest levels in 40 years near 164 per US dollar.  The BOJ entered the market to buy yen on Jul 30 and Jul 31 as the Japanese currency plumbed its weakest levels in 40 years near 164 per US dollar.  https://www.businesstimes.com.sg/international/chinese-nickel-firms-indonesia-mull-output-cuts-low-prices The Business Times en 2026-08-28T19:20:38+08:00 Chinese nickel firms in Indonesia mull output cuts on low prices https://cassette.sphdigital.com.sg/image/businesstimes/5c087883fbec4738d69f8ffe37f1b7f72754858477fc418a4fe36ec04915f74c No agreement on nickel output has been reached yet, as some participants in the meetings flagged a coordinated cut is difficult to execute. No agreement on nickel output has been reached yet, as some participants in the meetings flagged a coordinated cut is difficult to execute. https://www.businesstimes.com.sg/newsletters/esg-insights/issue-209-climate-impact-x-carbonplace-merge-singapores-future-island-faces-conflicting-needs The Business Times en 2026-08-28T19:00:00+08:00 Issue 209: Climate Impact X, Carbonplace to merge; Singapore’s future island faces conflicting needs https://cassette.sphdigital.com.sg/image/businesstimes/7072c6e646b9a7bccc084cbf576840faf5a52fb6e01598789c0b5f54c2f3cc39 Ecosystem Marketplace data show the value of carbon credit trading declining globally since a 2021 peak. Ecosystem Marketplace data show the value of carbon credit trading declining globally since a 2021 peak. https://www.businesstimes.com.sg/companies-markets/energy-commodities/petronas-reports-higher-h1-profit-and-revenue The Business Times en 2026-08-28T18:59:00+08:00 Petronas reports higher H1 profit and revenue https://cassette.sphdigital.com.sg/image/businesstimes/79e2dfc3c645f3c042c59ec329beb6d507e13e360606dfadcf3f13749c5ee031 Petronas’ revenue for the first half rises 15% to RM152.4 billion, compared with RM132.6 billion a year earlier. Petronas’ revenue for the first half rises 15% to RM152.4 billion, compared with RM132.6 billion a year earlier. https://www.businesstimes.com.sg/companies-markets/adrian-chui-steps-down-ceo-esr-reit The Business Times en 2026-08-28T18:57:08+08:00 Adrian Chui steps down as CEO of ESR-Reit https://cassette.sphdigital.com.sg/image/businesstimes/d53ec2596eb3589974dd109bd0aaac4dfcf975571198bd85cc51f563a09c2f13 Adrian Chui, CEO and executive director of the manager of ESR-Reit, has held his roles since 2017. Adrian Chui, CEO and executive director of the manager of ESR-Reit, has held his roles since 2017. https://www.businesstimes.com.sg/international/asean/sunway-mcl-steps-singapore-residential-game-lookout-landbank The Business Times en 2026-08-28T18:56:24+08:00 Sunway MCL steps up Singapore residential game, on lookout for landbank  https://cassette.sphdigital.com.sg/image/businesstimes/473dacd122adb9698b5115698389e432144fa9aaf1be0bac6eb73884abbffbc5 Sunway MCL CEO Lee Tong Voon says buyers have become more selective, placing greater emphasis on location, product quality and amenities. Sunway MCL CEO Lee Tong Voon says buyers have become more selective, placing greater emphasis on location, product quality and amenities. https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-aug-281 The Business Times en 2026-08-28T18:45:00+08:00 Daily Debrief: What Happened Today (Aug 28) https://cassette.sphdigital.com.sg/image/businesstimes/d79a088fb4d97e3a80f22ab100c08f19c7b5e1fc215da754c0d534e055af2040 GXS Bank, MariBank and Trust Bank have issued credit cards in an effort to engage customers on a more regular basis. GXS Bank, MariBank and Trust Bank have issued credit cards in an effort to engage customers on a more regular basis. https://www.businesstimes.com.sg/companies-markets/singapore-shares-rise-ahead-key-fed-conference-sti-0-3 The Business Times en 2026-08-28T18:27:18+08:00 Singapore shares rise ahead of key Fed conference; STI up 0.3% https://cassette.sphdigital.com.sg/image/businesstimes/6e07f3066b9c2624808c9c799bf1ea336083b1865018a89be10a6faac34a6dda Across the broader market, losers beat gainers 290 to 253, as 1.2 billion securities worth S$1.6 billion change hands. Across the broader market, losers beat gainers 290 to 253, as 1.2 billion securities worth S$1.6 billion change hands. https://www.businesstimes.com.sg/international/nepals-only-billionaire-says-rebuilding-after-flood-cost-us5-billion The Business Times en 2026-08-28T18:00:45+08:00 Nepal’s only billionaire says rebuilding after flood to cost US$5 billion https://cassette.sphdigital.com.sg/image/businesstimes/6abab6c522ff190d32a126e42a2eb8b0dcd8ea8f35cce4c8521baae5e96bd0f6 The flash flood tore through Nepal’s mountainous border region with China on Aug 26, engulfing villages and washing away roads and bridges. The flash flood tore through Nepal’s mountainous border region with China on Aug 26, engulfing villages and washing away roads and bridges. https://www.businesstimes.com.sg/companies-markets/buying-opportunity-sembcorps-india-unit-ipo-could-lift-group-value-10 The Business Times en 2026-08-28T17:52:10+08:00 ‘Buying opportunity’: Sembcorp’s India unit IPO could lift group value by up to 10% https://cassette.sphdigital.com.sg/image/businesstimes/01ddce8117dd77422d692fb2004d731155b8a40782402027e4faed889c21efbd The IPO of Sembcorp’s India unit is expected to provide a significant scope to rerate the parent company. The IPO of Sembcorp’s India unit is expected to provide a significant scope to rerate the parent company. https://www.businesstimes.com.sg/podcasts/why-asias-inflation-scare-may-be-overstated-morgan-stanley-economist-explains The Business Times en 2026-08-28T17:46:00+08:00 Why Asia’s inflation scare may be overstated: a Morgan Stanley economist explains https://cassette.sphdigital.com.sg/image/businesstimes/28a88566a69a024f2dc5cdba07644706e18eab3a889c1df71b158ee1a3c2eb50 What would elevated bond yields mean for Asian economies and currencies? What would elevated bond yields mean for Asian economies and currencies? https://www.businesstimes.com.sg/companies-markets/banking-finance/chinas-largest-five-banks-report-strongest-first-half-profit-height-property-crash The Business Times en 2026-08-28T17:27:44+08:00 China’s largest five banks report strongest first-half profit since height of property crash https://cassette.sphdigital.com.sg/image/businesstimes/f477bd6847facfdeb8f7e6a049bd6b334e4bbe7d8a13878b2058774956d21966 Industrial and Commercial Bank of China , the world’s largest lender by assets, reported on Friday a 3.3 per cent rise in first-half net profit Industrial and Commercial Bank of China , the world’s largest lender by assets, reported on Friday a 3.3 per cent rise in first-half net profit https://www.businesstimes.com.sg/lifestyle/food-drink/xava-skybar-wants-bring-day-night-appeal-national-gallery-singapore The Business Times en 2026-08-28T17:00:00+08:00 Xava Skybar wants to bring ‘day-to-night’ appeal to National Gallery Singapore https://cassette.sphdigital.com.sg/image/businesstimes/1775b5d475dbc7c40759a6ed034d70ac28d2b2a1b5c5b7b4bbec2841caf8a266 The interior of Xava Skybar, a cocktail bar at National Gallery Singapore. The 12 circular LED screens on the ceiling can be customised for private bookings. Xava Skybar has 12 customisable, circular LED screens on its ceiling. https://www.businesstimes.com.sg/companies-markets/hong-leong-rhb-and-uob-kay-hian-upgrade-ihh-buy-after-earnings-beat-estimates The Business Times en 2026-08-28T16:56:48+08:00 Hong Leong, RHB and UOB Kay Hian upgrade IHH to ‘buy’ after earnings beat estimates https://cassette.sphdigital.com.sg/image/businesstimes/05a284410b6c5080d24c38e83ade2368cc5ad6894e71f8757b90389dad21ed20 IHH’s latest financial results exceed consensus estimates. IHH’s latest financial results exceed consensus estimates.