https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/microsofts-xbox-plans-significant-layoffs-it-transforms-under-new-ceo The Business Times en 2026-06-11T07:16:20+08:00 Microsoft’s Xbox plans significant layoffs as it transforms under new CEO https://cassette.sphdigital.com.sg/image/businesstimes/dbccf431a983762bd1095bf806dae7437f525b434e8eaebb31ef065917588be0 This will be the first sweeping change under Asha Sharma, who became CEO of Xbox in February. This will be the first sweeping change under Asha Sharma, who became CEO of Xbox in February. https://www.businesstimes.com.sg/opinion-features/agentic-ai-banks-wont-make-workers-obsolete-theyll-become-more-important The Business Times en 2026-06-11T07:15:00+08:00 Agentic AI in banks won’t make workers obsolete – they’ll become more important https://cassette.sphdigital.com.sg/image/businesstimes/5603407e04b16e427c989cb1e3ba57b1c80a1ea271905e7515e521cba086f3fb Institutions will need people who can interrogate AI reasoning, not just consume AI outputs. Institutions will need people who can interrogate AI reasoning, not just consume AI outputs. https://www.businesstimes.com.sg/companies-markets/software-sell-singapores-private-wealth-gets-more-discerning-ai-era-technology-exposure The Business Times en 2026-06-11T07:00:00+08:00 Software sell-off: Singapore’s private wealth gets more discerning on AI-era technology exposure https://cassette.sphdigital.com.sg/image/businesstimes/d57c64be7117c99d2e7e235008bd33ac2f63b80cddf7e607437fd1948d258855 According to the UBS Global Family Office Report 2026 released late May, 65 per cent of family offices are already invested across AI, which include software and plans to maintain or increase their exposure, balancing opportunity with resilience. Sophisticated clients including Singapore family offices are selectively investing into the technology space via the public market and equity funds. https://www.businesstimes.com.sg/lifestyle/years-long-effort-woo-trump-culminates-world-cup The Business Times en 2026-06-11T07:00:00+08:00 A years-long effort to woo Trump culminates with the World Cup https://cassette.sphdigital.com.sg/image/businesstimes/64fe7abdb37d1bdf4eb6ded0566ff7a1687b96fbf8c8b71f3dbf1df08b631324 Fifa president Gianni Infantino's amity with US President Donald Trump has him defending his way of operating in what is supposed to be a politically neutral position. Fifa president Gianni Infantino's amity with US President Donald Trump has him defending his way of operating in what is supposed to be a politically neutral position. https://www.businesstimes.com.sg/companies-markets/tech-stocks-could-surpass-s-reits-iedge-singapore-next-50-index-if-growth-momentum-keeps-sgx The Business Times en 2026-06-11T07:00:00+08:00 Tech stocks could surpass S-Reits on iEdge Singapore Next 50 index if growth momentum keeps up: SGX https://cassette.sphdigital.com.sg/image/businesstimes/c8c032180d27e2fee416942e32c9aee7ff6ea6d1e1beebab48eb84d192ee2205 Above: A Top Glove plant in Malaysia. The company's year-to-date average daily trading value, powered by AI-led test demand, rose from S$4.05 million to S$34.7 million year on year. A Top Glove plant in Malaysia. The company's year-to-date average daily trading value, powered by AI-led test demand, rose from S$4.05 million to S$34.7 million year on year. https://www.businesstimes.com.sg/opinion-features/next-financial-crisis-could-start-advanced-economies-sovereign-debt The Business Times en 2026-06-11T07:00:00+08:00 The next financial crisis could start with advanced economies’ sovereign debt https://cassette.sphdigital.com.sg/image/businesstimes/ce64df36fd58e078d19039945a86143783aa1b53c75c73aa988049e6d8a1759d Recent strains in private equity and private credit are a reminder that vulnerabilities built during years of ultra-low interest rates are now surfacing. Recent strains in private equity and private credit are a reminder that vulnerabilities built during years of ultra-low interest rates are now surfacing. https://www.businesstimes.com.sg/international/global/how-digital-asset-custody-next-backbone-digital-finance The Business Times en 2026-06-11T07:00:00+08:00 How digital asset custody is the next backbone of digital finance  https://cassette.sphdigital.com.sg/image/businesstimes/3d5407bda387354ecf1b53307ba84ad02e5e61616e2dc8fe547937cbc0e0fcee Standard Chartered projects the total market cap of stablecoins to reach US$2 trillion by end-2028 Standard Chartered projects that the global tokenised real-world assets market, excluding stablecoins, will surge to US$2 trillion by 2028. https://www.businesstimes.com.sg/companies-markets/deloittes-lee-boon-teck-new-isca-chief-urges-accountants-be-fluent-accounting-and-tech The Business Times en 2026-06-11T07:00:00+08:00 Deloitte’s Lee Boon Teck, new Isca chief, urges accountants to be fluent in accounting and tech https://cassette.sphdigital.com.sg/image/businesstimes/7d987a805428c0b0967b2c8938a7a62b14e20e2f1631bc8bd0117341e751f355 Lee Boon Teck, the newly-minted president of Isca and regional managing partner for audit and assurance at Deloitte South-east Asia. Lee Boon Teck, the new president of the Institute of Singapore Chartered Accountants (Isca), is regional managing partner for audit and assurance at Deloitte South-east Asia. https://www.businesstimes.com.sg/international/global/asml-cut-fewer-jobs-planned-after-union-negotiations The Business Times en 2026-06-11T06:46:02+08:00 ASML to cut fewer jobs than planned after union negotiations https://cassette.sphdigital.com.sg/image/businesstimes/57af4673045cf0a35f11403ed80ecec13ff1efa0323eb3156f3fae3ea75cb503 ASML has benefited from the hundreds of billions of US dollars pouring into artificial intelligence infrastructure. ASML is the only producer of cutting-edge lithography machines that are needed to make advanced semiconductors. https://www.businesstimes.com.sg/international/global/iran-announces-closure-hormuz-after-us-launches-new-strikes The Business Times en 2026-06-11T06:39:40+08:00 Iran announces closure of Hormuz after US launches new strikes https://cassette.sphdigital.com.sg/image/businesstimes/e3a4939cc0559313739323f3ae7f326b5388453037eeb164073495c810465433 Iran has blocked traffic through the Strait of Hormuz, while the US has maintained its own blockade on Iranian ports. Iran has blocked traffic through the Strait of Hormuz, while the US has maintained its own blockade on Iranian ports. https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-settles-nearly-us2-after-trump-threatens-hit-iran-very-hard The Business Times en 2026-06-11T06:07:21+08:00 Oil settles up nearly US$2 after Trump threatens to hit Iran ‘very hard’ https://cassette.sphdigital.com.sg/image/businesstimes/152d8360803f762467232e96e0f6c6bf2d0fac87bad4bd0f7521840b00193e39 Global oil consumption is roughly 100 million barrels per day. Iran has continued to block most shipping through the strait while Washington has imposed its own blockade of Iranian ports. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/wall-street-indexes-fall-more-1-hit-tech-iran-war-worries The Business Times en 2026-06-11T05:54:50+08:00 Wall Street indexes fall more than 1%, hit by tech, Iran war worries https://cassette.sphdigital.com.sg/image/businesstimes/020ef290f206ef5a52c73275dcf97d732df10c9a73126f85fc0f38bbbad024f0 The rotation out of high-flying technology shares has helped other areas of the markets that have lagged this year, including healthcare, real estate and consumer staples. The rotation out of high-flying technology shares has helped other areas of the markets that have lagged this year, including healthcare, real estate and consumer staples. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-steady-investors-weigh-us-iran-flare The Business Times en 2026-06-11T05:37:00+08:00 European shares steady as investors weigh US-Iran flare-up https://cassette.sphdigital.com.sg/image/businesstimes/14ad8ca046da4cedd67cbcff8d352a95cf5c7f2e064b6c81f73be825699e48a2 The pan-European Stoxx 600 index was down 0.01% at 618.63 points, closing lower for the fourth consecutive session. Markets will be focused on policymakers’ guidance for the rate path beyond this week. https://www.businesstimes.com.sg/podcasts/my-job-my-skills-my-future The Business Times en 2026-06-11T05:00:00+08:00 My job, my skills, my future https://cassette.sphdigital.com.sg/image/businesstimes/37a2bd02c5a90fbb8f320d00ed08d2b9ffb9de6cb813c7b74b08026b996dc986 (From right) Victor Chua, Dean Tong and host Claressa Monteiro. (From right) Victor Chua, Dean Tong and host Claressa Monteiro. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-wall-street-dips-tech-declines-middle-east-tensions-mount The Business Times en 2026-06-10T22:20:27+08:00 US stocks: Wall Street dips as tech declines, Middle East tensions mount https://cassette.sphdigital.com.sg/image/businesstimes/e569eb27e988fc3211a460cb3f81497e08d5274ba61a0e640862eb47cb7ef119 All three major US indices fell in early trading on Wednesday. All three major US indices fell in early trading on Wednesday. https://www.businesstimes.com.sg/international/bill-gates-arrives-closed-door-epstein-panel-testimony The Business Times en 2026-06-10T22:07:54+08:00 Bill Gates arrives for closed-door Epstein panel testimony https://cassette.sphdigital.com.sg/image/businesstimes/3c376ede40661ccee30fb88cbad538c24335b6c42b87f7b6c97e7b81ee9488fd Bill Gates speaks to the media as he arrives for a closed door interview before the House Oversight Committee investigating Jeffrey Epstein, Washington, DC, June 10, 2026. Bill Gates speaks to the media as he arrives for a closed door interview before the House Oversight Committee investigating Jeffrey Epstein, Washington, DC, June 10, 2026. https://www.businesstimes.com.sg/lifestyle/style-society/football-fever-fifa-world-cup-merchandise-get-your-hands The Business Times en 2026-06-10T21:37:57+08:00 Football fever: Fifa World Cup merchandise to get your hands on https://cassette.sphdigital.com.sg/image/businesstimes/90eeb172a1ad0217e81bdfd5cea51ef336317bde0c235d9ba94f92f08ca9c439 World Cup fever has arrived. World Cup fever has arrived. https://www.businesstimes.com.sg/international/us-inflation-accelerates-though-core-gauge-comes-softer The Business Times en 2026-06-10T21:33:22+08:00 US inflation accelerates, though core gauge comes in softer https://cassette.sphdigital.com.sg/image/businesstimes/5890b43577028559eb312bca9e87172d644efc66e632acbda61b07f04e84049c The CPI climbed 4.2 per cent from a year earlier, the most since early 2023, according to Bureau of Labor Statistics data out on Wednesday. The CPI climbed 4.2 per cent from a year earlier, the most since early 2023, according to Bureau of Labor Statistics data out on Wednesday. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/greenback-treads-water-us-iran-clashes-inflation-data-focus The Business Times en 2026-06-10T21:11:48+08:00 Greenback treads water with US-Iran clashes, inflation data in focus https://cassette.sphdigital.com.sg/image/businesstimes/29c34cf8015d3f78a527fcad3cba28a4533dcef239429a0840dd6b08cd18fec5 The dollar index, which measures the greenback against a basket of currencies including the yen and euro, was last steady at 99.97. The dollar index, which measures the greenback against a basket of currencies including the yen and euro, was last steady at 99.97. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/south-korea-inspects-major-fx-banks-destabilising-won-trades The Business Times en 2026-06-10T20:58:12+08:00 South Korea inspects major FX banks for destabilising won trades https://cassette.sphdigital.com.sg/image/businesstimes/ecade7ef1bbd75cef9fbec5975d318fb1189ae1ca833c1664b6c262f389e3102 The Korean won remains one of Asia’s worst performers, down 5.8% this year, trailing only the Indonesian rupiah. The Korean won remains one of Asia’s worst performers, down 5.8% this year, trailing only the Indonesian rupiah. https://www.businesstimes.com.sg/international/global/trump-says-iran-will-have-pay-price-after-tit-tat-strikes The Business Times en 2026-06-10T20:36:42+08:00 Trump says Iran will ‘have to pay the price’ after tit-for-tat strikes https://cassette.sphdigital.com.sg/image/businesstimes/c9442018be524df856c6f316c2e88f49bb520c5b5815972ad200c9ff74e3f660 An Iranian missile is launched in Teheran, Iran in an image released on June 10, 2026 An Iranian missile is launched in Teheran, Iran in an image released on June 10, 2026 https://www.businesstimes.com.sg/international/visa-mastercard-us38-billion-swipe-fee-settlement-wins-us-judges-approval The Business Times en 2026-06-10T20:32:21+08:00 Visa, Mastercard US$38 billion swipe fee settlement wins US judge’s approval https://cassette.sphdigital.com.sg/image/businesstimes/6c72c9725aa89f2ad1961f56e57a36bcb4e9e32f60d7861c68e98708a5a7c182 Visa and Mastercard agreed to lower swipe fees by 0.1 percentage point for five years, while standard consumer rates would be lowered to no more than 1.25% for eight years. Visa and Mastercard agreed to lower swipe fees by 0.1 percentage point for five years, while standard consumer rates would be lowered to no more than 1.25% for eight years. https://www.businesstimes.com.sg/lifestyle/20-joyous-wines-all-under-us20 The Business Times en 2026-06-10T20:16:48+08:00 20 joyous wines, all under US$20 https://cassette.sphdigital.com.sg/image/businesstimes/b358d4864c385be017429b608f81a62bc35f5eb436fc9c71dc7e15a783ba9ddb The price of almost everything is rising, including wine. But distinctive, delicious bottles can still be found in the US$15 to US$20 range. The price of almost everything is rising, including wine. But distinctive, delicious bottles can still be found in the US$15-to-US$20 range. https://www.businesstimes.com.sg/companies-markets/stt-gdc-expands-jakarta-data-centre-campus-indonesias-ai-needs-grow The Business Times en 2026-06-10T20:05:01+08:00 STT GDC expands Jakarta data centre campus as Indonesia’s AI needs grow https://cassette.sphdigital.com.sg/image/businesstimes/947995e308945c2e7df47b851b434de231455909f15d0fa5241f982473f5d72f Above: Artist impression of STT GDC 2 and 3. An artist's impression of STT Jakarta 2 and 3. STT Jakarta 3 is designed to meet energy-efficiency benchmarks aligned with recognised green-financing frameworks. https://www.businesstimes.com.sg/companies-markets/energy-commodities/malaysia-palm-reserves-jump-most-five-months-after-sharp-drop-exports The Business Times en 2026-06-10T19:37:24+08:00 Malaysia palm reserves jump most in five months after sharp drop in exports https://cassette.sphdigital.com.sg/image/businesstimes/f1565ca19fc7982bed22cb6cb0679f93b6601115a2459226f488b35cbb55b637 Competition in the palm-oil sector between the two neighbouring countries may intensify in the coming months as Indonesia tightens export controls. Competition in the palm oil sector between the two neighbouring countries may intensify in the coming months as Indonesia tightens export controls. https://www.businesstimes.com.sg/international/daily-debrief-what-happened-today-jun-102 The Business Times en 2026-06-10T18:55:07+08:00 Daily Debrief: What Happened Today (Jun 10) https://cassette.sphdigital.com.sg/image/businesstimes/76d0b99ea8be43e039b4eede0170595e9b57d7ac0d2f49cc985869fe264cfaca CICT sees “good potential” in Paragon and is taking a longer-term view of the acquisition, says the chairperson of the manager. CICT sees “good potential” in Paragon and is taking a longer-term view of the acquisition, says the chairperson of the manager. https://www.businesstimes.com.sg/property/cicts-s3-9-billion-paragon-buy-draws-scrutiny-over-timing-funding-egm The Business Times en 2026-06-10T18:47:53+08:00 CICT’s S$3.9 billion Paragon buy draws scrutiny over timing, funding at EGM https://cassette.sphdigital.com.sg/image/businesstimes/76d0b99ea8be43e039b4eede0170595e9b57d7ac0d2f49cc985869fe264cfaca Unitholders voted overwhelmingly in favour of CapitaLand Integrated Commercial Trust's S$3.9 billion acquisition of Paragon on Wednesday (Jun 10). CICT sees “good potential” in Paragon and is taking a longer-term view of the acquisition, says the chairperson of the manager. https://www.businesstimes.com.sg/international/half-americans-fear-ai-could-put-someone-their-household-out-work-reutersipsos-poll The Business Times en 2026-06-10T18:40:21+08:00 Half of Americans fear AI could put someone in their household out of work: Reuters/Ipsos poll https://cassette.sphdigital.com.sg/image/businesstimes/56d8f308705a879f5fe2f9c3ea5f147bedee4d3b588135a834535d73320ec8ac Some 73 per cent of Americans polled said they were worried about increased use of AI. Some 73 per cent of Americans polled said they were worried about increased use of AI. https://www.businesstimes.com.sg/singapore/applied-materials-boosts-singapore-manufacturing-operations-us500-million-campus-meet-ai-chip-demand The Business Times en 2026-06-10T18:10:16+08:00 Applied Materials boosts Singapore manufacturing operations with US$500 million campus to meet AI chip demand https://cassette.sphdigital.com.sg/image/businesstimes/460df1a2b46de244dd6ed6363e7fbcfc70bbddb2074c8983dc73174d5721b0bf From left: Applied Materials regional vice-president Brian Tan; EDB chairman Png Cheong Boon; Applied Materials president and CEO Gary Dickerson; DPM Gan Kim Yong; Applied Materials board chairman Thomas Iannotti; JTC CEO Jacqueline Poh; and Applied Materials group vice-president and head of worldwide manufacturing KC Ong, at the opening of Applied Materials' Tampines campus in Singapore on Jun 10, 2026. DPM Gan Kim Yong (fourth from left) with Applied Materials CEO Gary Dickerson (third from left) at the Tampines campus' opening. https://www.businesstimes.com.sg/companies-markets/banking-finance/bank-japan-governor-ueda-hospitalised-will-miss-june-meeting The Business Times en 2026-06-10T18:06:45+08:00 Bank of Japan governor Ueda hospitalised, will miss June meeting https://cassette.sphdigital.com.sg/image/businesstimes/6fb7e74f0975b84fe36f59a2570c0e8dbed1e111a93763982ac91661d239e7fc Kazuo Ueda is expected to remain in hospital for about two weeks. Kazuo Ueda is expected to remain in hospital for about two weeks. https://www.businesstimes.com.sg/companies-markets/bank-singapore-taps-veteran-banker-lim-leong-guan-lead-dubai-franchise The Business Times en 2026-06-10T18:01:10+08:00 Bank of Singapore taps veteran banker Lim Leong Guan to lead Dubai franchise https://cassette.sphdigital.com.sg/image/businesstimes/b236dfaf046c63b3d1cb73d23bf72010a9fcf0ab2a8b07e7c8b1429015448cf0 Lim Leong Guan joined BOS in 2020 and currently serves as global head of financial intermediaries, family office and wealth advisory. Lim Leong Guan joined BOS in 2020 and is currently global head of financial intermediaries, family office and wealth advisory. https://www.businesstimes.com.sg/opinion-features/spacex-ipo-proves-us-stock-market-broken The Business Times en 2026-06-10T18:00:00+08:00 The SpaceX IPO proves the US stock market is broken https://cassette.sphdigital.com.sg/image/businesstimes/b58fa5bceabaf1c8c4434e77cafa58c1adad261b14a92b4deec378b7d1cdca8a SpaceX is targeting a US$1.75 trillion valuation, which will make it one of the 10 most valuable companies in the world. SpaceX is targeting a US$1.75 trillion valuation, which will make it one of the 10 most valuable companies in the world. https://www.businesstimes.com.sg/international/asean/philippines-vietnam-us10-billion-trade-push-risks-running-rice-politics The Business Times en 2026-06-10T17:37:01+08:00 Philippines-Vietnam US$10 billion trade push risks running into rice politics https://cassette.sphdigital.com.sg/image/businesstimes/fd588c60f4eaaf7e6ea9e829de26a11d64198da186181ed013185b04c259ac76 Vietnam has reached an agreement to sell 240,000 tonnes of rice to Malaysia, although the small volume and an eight-month loading schedule mean grain export prices will stay near multi-month lows, a state-run newspaper and traders said on Monday. Rice remains the centrepiece and a volatile variable of the Philippine-Vietnam relationship, as Manila relies heavily on Hanoi to ensure its national food security.  https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/south-koreas-sk-hynix-eyes-us-listing-soon-august-sources The Business Times en 2026-06-10T17:36:46+08:00 South Korea’s SK Hynix eyes US listing as soon as August: sources https://cassette.sphdigital.com.sg/image/businesstimes/44278e1e44b5c026b496ad529d8eb65af16ec7d01be1ecb235ed463e24763458 SK Hynix is one beneficiary of the AI boom due to its dominant position in high-bandwidth memory chips used in AI servers. SK Hynix's share price has jumped 240% in 2026, and its market value has topped US$1 trillion since May. https://www.businesstimes.com.sg/singapore/phantom-cashier-tracing-journey-singapores-unmanned-stores The Business Times en 2026-06-10T17:30:00+08:00 The phantom cashier: Tracing the journey of Singapore’s unmanned stores https://cassette.sphdigital.com.sg/image/businesstimes/f4b34950249b866d3788ee04df8b05ddd0a961897cbb3da309543c940e176d71 Unmanned convenience store Unmanned convenience store https://www.businesstimes.com.sg/companies-markets/banking-finance/ant-international-considers-raising-us1-billion-boost-growth The Business Times en 2026-06-10T17:19:47+08:00 Ant International considers raising US$1 billion to boost growth https://cassette.sphdigital.com.sg/image/businesstimes/36aacde5cf5a4b04f062e4399b41e7166523cec7310822f52ce9ab319e203593 Ant Group has been investing in new technologies to tap fresh revenue streams, including large language models and humanoid robots. Ant Group has been investing in new technologies to tap fresh revenue streams, including large language models and humanoid robots. https://www.businesstimes.com.sg/international/asean/malaysia-says-it-seeking-new-sources-fuel-amid-energy-crunch The Business Times en 2026-06-10T17:13:35+08:00 Malaysia says it is seeking new sources of fuel amid energy crunch https://cassette.sphdigital.com.sg/image/businesstimes/e5f9a859153ca2784e47a9d7027eb87984f7e198814a0eb44d9818adea37021c Malaysia was looking to procure oil from African countries, Russia and Turkey, among others, Economy Minister Akmal Nasir told reporters. Malaysia was looking to procure oil from African countries, Russia and Turkey, among others, Economy Minister Akmal Nasir told reporters. https://www.businesstimes.com.sg/international/global/global-ai-debt-issuance-top-us500-billion-2026-morgan-stanley The Business Times en 2026-06-10T17:09:11+08:00 Global AI debt issuance to top US$500 billion in 2026: Morgan Stanley https://cassette.sphdigital.com.sg/image/businesstimes/56d8f308705a879f5fe2f9c3ea5f147bedee4d3b588135a834535d73320ec8ac Morgan Stanley estimates AI-related global debt issuance stood at nearly US$236 billion as of May 31, 2026, fourfold more than the same period last year. Morgan Stanley estimates AI-related global debt issuance stood at nearly US$236 billion as of May 31, 2026, fourfold more than the same period last year. https://www.businesstimes.com.sg/opinion-features/apple-handing-ai-power-its-rival-google The Business Times en 2026-06-10T17:00:00+08:00 Apple is handing AI power to its rival Google https://cassette.sphdigital.com.sg/image/businesstimes/9156fad75bd9ecdea280333a46a36cc03471ab44f842bff656b626166ba3e073 A presentation during Apple’s annual developers’ conference in Cupertino, California, on Jun 8. Apple will roll out the upgraded Siri, which uses technology from Google, along with a range of apps with more AI features, later this year. A presentation during Apple’s annual developers’ conference in Cupertino, California, on Jun 8. Apple will roll out the upgraded Siri, which uses technology from Google, along with a range of apps with more AI features, later this year. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/global-watchdog-calls-tighter-controls-agentic-ai-finance The Business Times en 2026-06-10T16:50:36+08:00 Global watchdog calls for tighter controls on agentic AI in finance https://cassette.sphdigital.com.sg/image/businesstimes/6db015d68ac14616e29a206beddbef9ab64bc690bc8dd7a720221321e272c8dc Agentic AI is already being used by financial firms for fraud detection, customer service and back-office functions. Agentic AI is already being used by financial firms for fraud detection, customer service and back-office functions. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/meta-partners-reliance-first-india-ai-data-centre The Business Times en 2026-06-10T16:50:02+08:00 Meta partners with Reliance on first India AI data centre https://cassette.sphdigital.com.sg/image/businesstimes/679e3cbce8c5503c10fee63b410fb5ca23bb02d934f3359f683dc44cc92a1151 CEO Mark Zuckerberg says the facility will scale Meta's global AI infrastructure and deepen its long-term investment in India’s economy. CEO Mark Zuckerberg says the facility will scale Meta's global AI infrastructure and deepen its long-term investment in India’s economy. https://www.businesstimes.com.sg/companies-markets/banking-finance/indonesias-central-bank-governor-touts-higher-bond-yields-investor-pitch The Business Times en 2026-06-10T16:40:31+08:00 Indonesia’s central bank governor touts higher bond yields in investor pitch https://cassette.sphdigital.com.sg/image/businesstimes/91ad4eeadfcb3daab06d9353c50e1c5aa9be76a899b853cc6c5ede881938e0d2 Bank Indonesia’s primary focus is the stability of the currency, governor Perry Warjiyo said. Bank Indonesia’s primary focus is the stability of the currency, governor Perry Warjiyo said. https://www.businesstimes.com.sg/international/indias-modi-trump-likely-meet-g7-discuss-trade-visas-source-says The Business Times en 2026-06-10T16:12:16+08:00 India’s Modi, Trump likely to meet at G7, discuss trade, visas, source says https://cassette.sphdigital.com.sg/image/businesstimes/220ff09ba3ffdc09e79df09894f2cea445c64da91e316c50ca13e41c7a0f1e5a File photo of US President Donald Trump and Indian Prime Minister Narendra Modi at the White House in Washington, DC, Feb 13, 2025. File photo of US President Donald Trump and Indian Prime Minister Narendra Modi at the White House in Washington, DC, Feb 13, 2025. https://www.businesstimes.com.sg/international/china-taps-commercial-oil-stockpiles-help-weather-gulf-shock The Business Times en 2026-06-10T16:04:12+08:00 China taps commercial oil stockpiles to help weather Gulf shock https://cassette.sphdigital.com.sg/image/businesstimes/84821bf08e6ff8fb1b265fddf208b23f86f7485af9de2132ef921c54b329f5aa The estimated number of inventory draws comes up to about a third of the crude that China is no longer receiving since the conflict led to the near-total closure of the Strait of Hormuz. The estimated number of inventory draws comes up to about a third of the crude that China is no longer receiving since the conflict led to the near-total closure of the Strait of Hormuz. https://www.businesstimes.com.sg/companies-markets/banking-finance/hong-kong-dollar-carry-trade-appeal-dims-funding-costs-climb The Business Times en 2026-06-10T15:57:20+08:00 Hong Kong dollar carry trade appeal dims as funding costs climb https://cassette.sphdigital.com.sg/image/businesstimes/13a7eb86e454bf8d0954c67882b6588512028def6e1c7236779fd583ca483269 Hong Kong five-hundred, one-hundred and twenty-dollar banknotes in Hong Kong, China. Photographer: Paul Yeung/Bloomberg Carry trades have pushed the Hong Kong dollar towards the weak end of its 7.75-to-7.85 band versus the US dollar. https://www.businesstimes.com.sg/companies-markets/reits-property/top-philippine-telecoms-firm-pldt-seeks-us400-million-reit-listing The Business Times en 2026-06-10T15:46:37+08:00 Top Philippine telecoms firm PLDT seeks up to US$400 million from Reit listing https://cassette.sphdigital.com.sg/image/businesstimes/bcb9a38e54b8553c1e8f36f3ea65f57e1e2e760d9e855da0a4244d41ba435e8b PLDT tells the Philippine Stock Exchange its board of directors approves the listing of a Reit for assets under its subsidiary Vitro. PLDT tells the Philippine Stock Exchange its board of directors approves the listing of a Reit for assets under its subsidiary Vitro. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-steady-investors-cling-mideast-peace-hopes The Business Times en 2026-06-10T15:38:51+08:00 European shares steady as investors cling to Mideast peace hopes https://cassette.sphdigital.com.sg/image/businesstimes/d82e0c3caf8baa2c817b9560d50165e38c160a12ed7118439558d7b3e89dc50d The Stoxx 600 index edged 0.1 per cent higher to 619.88 points by 0710 GMT on Wednesday. The Stoxx 600 index edged 0.1 per cent higher to 619.88 points by 0710 GMT on Wednesday. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/shopee-cuts-hundreds-developer-jobs-globally-during-pivot-ai The Business Times en 2026-06-10T15:37:48+08:00 Shopee cuts hundreds of developer jobs globally during pivot to AI https://cassette.sphdigital.com.sg/image/businesstimes/92b1f0aeea1c4dcfc303b32895c5379901bf13a34a0f2db3d4a98fb9544d39c7 Shopee owner Sea Ltd.'s stock has taken a beating since September, when it was valued at roughly US$116 billion. Shopee owner Sea Ltd.'s stock has taken a beating since September, when it was valued at roughly US$116 billion. https://www.businesstimes.com.sg/international/asean/singapore-court-targets-bigpay-teleport-stakes-blow-tony-fernandes-led-capital The Business Times en 2026-06-10T15:32:55+08:00 Singapore court targets BigPay, Teleport stakes in blow to Tony Fernandes-led Capital A https://cassette.sphdigital.com.sg/image/businesstimes/519c40a34739b9a810e7f6b1a6555090ca3a3fbe5f8e452024a373c0ec683922 Tony Fernandes Photographer: Richard Humphries/Bloomberg The latest legal hurdle poses a fresh challenge for Tony Fernandes-led Capital A, as it works to pivot towards non-aviation businesses. https://www.businesstimes.com.sg/opinion-features/spacex-ipo-noisy-spectacle-defies-logic-might-be-exactly-what-singapore-needs The Business Times en 2026-06-10T15:27:25+08:00 SpaceX IPO: The noisy spectacle that defies logic might be exactly what Singapore needs https://cassette.sphdigital.com.sg/image/businesstimes/de481d75cd38fab1a8db417dc02fddd67c24835f977a2bbf25fd12e9a6b02a80 While Elon Musk is eccentric and volatile, the hype surrounding him is a gravitational force that overrides common sense. While Elon Musk is eccentric and volatile, the hype surrounding him is a gravitational force that overrides common sense. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/bizlink-buy-blackstones-singapore-based-interplex-us850-million The Business Times en 2026-06-10T15:18:22+08:00 BizLink to buy Blackstone’s Singapore-based Interplex for US$850 million https://cassette.sphdigital.com.sg/image/businesstimes/5ab0f28fe6e123c07aaee1b741add16a26405311d2d8595602cd883ecd716d68 BizLink said it plans to become a “one-stop-shop” for integrated data centre solutions with this deal. BizLink says it plans to become a “one-stop shop” for integrated data centre solutions with this deal. https://www.businesstimes.com.sg/international/global/tata-boss-predicts-ai-agents-will-replace-half-its-tech-jobs The Business Times en 2026-06-10T15:17:02+08:00 Tata boss predicts AI agents will replace half its tech jobs https://cassette.sphdigital.com.sg/image/businesstimes/c3ed8c9250ed2df66932d465b6e4f3993e47d5a69a0d49dd96951b2751ced684 Rapid technology changes have already begun showing up at TCS, which last year said it planned to cut 12,000 jobs.  Rapid technology changes have already begun showing up at TCS, which last year said it planned to cut 12,000 jobs.  https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/india-freezes-starlink-approvals-over-iran-war-security-concerns-spacex-ipo The Business Times en 2026-06-10T15:08:54+08:00 India freezes Starlink approvals over Iran war security concerns before SpaceX IPO https://cassette.sphdigital.com.sg/image/businesstimes/cd9a9d32730f41ca0c811deabc570269f1039e5d07ae8aa419f2c5176a582c81 Last year, Starlink conducted security demonstrations reviewed by telecom authorities and a dedicated security panel. Last year, Starlink conducted security demonstrations reviewed by telecom authorities and a dedicated security panel. https://www.businesstimes.com.sg/opinion-features/spacex-and-other-giga-listings-could-raise-indices-risks The Business Times en 2026-06-10T15:00:00+08:00 SpaceX and other giga-listings could raise indices’ risks https://cassette.sphdigital.com.sg/image/businesstimes/bb1592f91a9e1c34aa0c32e0ad0f5bb8c51768d8ba1eac9d3636d391b6c51dad SpaceX will list at US$135 per share. Morningstar has valued the stock at US$63, a 53 per cent discount to the IPO price. SpaceX will list at US$135 per share. Morningstar has valued the stock at US$63, a 53% discount to the IPO price. https://www.businesstimes.com.sg/singapore/smes/supergreen-targets-singapores-residential-neighbourhoods-expansion-plan-takes The Business Times en 2026-06-10T15:00:00+08:00 Supergreen targets Singapore’s residential neighbourhoods as expansion plan takes off https://cassette.sphdigital.com.sg/image/businesstimes/ff2b7b158e69c2646cc282201ac94155b41d8b7607175db8902158380df6c8f9 Home-gown health food chain Supergreen aims to open five more outlets, with a focus on residential areas, said founder Lee Shao Rong. Founder Lee Shao Rong says the move to further expand despite competition is undergirded by Supergreen’s hybrid franchising business mode. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/tsmcs-monthly-sales-rise-30-thanks-sustained-ai-chip-demand The Business Times en 2026-06-10T14:56:18+08:00 TSMC’s monthly sales rise 30% thanks to sustained AI chip demand https://cassette.sphdigital.com.sg/image/businesstimes/e7442b627e7e5c6c72cdde42e651965c5ff95f4bf28583479e72e08669412150 TSMC has become an essential global AI player by making cutting-edge semiconductors for the likes of Nvidia and Advanced Micro Devices. TSMC has become an essential global AI player by making cutting-edge semiconductors for the likes of Nvidia and Advanced Micro Devices. https://www.businesstimes.com.sg/international/global/china-inc-deploys-quiet-layoffs-beijing-promotes-ai-adoption The Business Times en 2026-06-10T14:53:38+08:00 China Inc deploys ‘quiet’ layoffs as Beijing promotes AI adoption https://cassette.sphdigital.com.sg/image/businesstimes/e7853b2fc014dbef733156ed7c04c4f1d9cc3ef8f2c1d587df8be32ff127f356 A robot learns to unpack and fold boxes at a lab working with Meituan in Shenzhen, China, Jan 21, 2026. A robot learns to unpack and fold boxes at a lab working with Meituan in Shenzhen, China, Jan 21, 2026. https://www.businesstimes.com.sg/lifestyle/remembering-1994-world-cup-when-tickets-cost-us25 The Business Times en 2026-06-10T14:52:15+08:00 Remembering the 1994 World Cup, when tickets cost US$25 https://cassette.sphdigital.com.sg/image/businesstimes/c7626f3ebcb1c3ed681cb8afbcf2f9bb4c2778be8be1ce712dc93f4bf8c2a3b6 Today, much like in 1994, doubts are rampant about whether the World Cup will be a success. The AT&T Stadium in Texas. Today, much like in 1994, doubts are rampant about whether the World Cup will be a success. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/xpeng-ceo-head-robot-unit-humanoid-mass-production-imminent The Business Times en 2026-06-10T13:57:28+08:00 Xpeng CEO to head robot unit with humanoid mass production imminent https://cassette.sphdigital.com.sg/image/businesstimes/0d38d7e3cb9d5d87adb7fe8ac0f955e9d6af4e77d40d0b30cb2e4035d466c45b The humanoids are expected to see trial use in Xpeng’s retail stores before being delivered to commercial customers in China and overseas from 2027. The humanoids are expected to see trial use in Xpeng’s retail stores before being delivered to commercial customers in China and overseas from 2027. https://www.businesstimes.com.sg/property/morgan-stanley-australia-ceo-warns-weaker-property-market The Business Times en 2026-06-10T13:14:39+08:00 Morgan Stanley Australia CEO warns of weaker property market https://cassette.sphdigital.com.sg/image/businesstimes/e9236c436c8e6c90246e4110edbc39476de6bed3c4fe1797cd31dd0c9d828c9c The fall coincided with falling auction clearance rates and a pick-up in advertised supply, property consultancy Cotality said in a report. The changes have coincided with a challenging economic backdrop that includes interest rate hikes, elevated inflation, cost-of-living pressures and higher fuel costs. https://www.businesstimes.com.sg/companies-markets/transport-logistics/byd-chairman-says-firm-will-be-worlds-biggest-automaker-five-years-shares-slide The Business Times en 2026-06-10T13:02:14+08:00 BYD chairman says firm will be world’s biggest automaker in five years as shares slide https://cassette.sphdigital.com.sg/image/businesstimes/d2b05645494cebd9c19ede596de1f8c23ca2098e11abd59d7dcc12a7783df72d To achieve that goal, the firm would need to overtake Toyota Motor, which sold more than twice as many vehicles as BYD in 2025. To achieve that goal, the firm would need to overtake Toyota Motor, which sold more than twice as many vehicles as BYD in 2025. https://www.businesstimes.com.sg/companies-markets/energy-commodities/malaysias-petronas-signs-20-year-lng-supply-deal-japans-jera The Business Times en 2026-06-10T12:34:30+08:00 Malaysia’s Petronas signs 20-year LNG supply deal with Japan’s Jera https://cassette.sphdigital.com.sg/image/businesstimes/13f1fc6ee8e4dec2bcebfb56f26d937b1dc30904e25bdf2f2a39ae6ab90e7182 Petronas is shifting its strategy as a drop in crude prices from a recent peak in 2022 slashed profits and forced the company to lower dividends. The agreement comes as Japan looks to beef up its energy reserves to cope with a global LNG crunch linked to the war in Iran. https://www.businesstimes.com.sg/international/asean/indonesia-authorities-question-maybank-staff-over-salim-group-palm-oil-export-flows-sources The Business Times en 2026-06-10T12:25:48+08:00 Indonesia authorities question Maybank staff over Salim Group palm oil export flows: sources https://cassette.sphdigital.com.sg/image/businesstimes/cd4f89b5c21102121516d840014c27f2ad407d7494525451a256ede37f453081 Maybank Indonesia has for years been a key banking partner to the broader Salim Group. Maybank Indonesia has for years been a key banking partner to the broader Salim Group. https://www.businesstimes.com.sg/international/global/iran-strikes-us-bases-gulf-after-trump-orders-attacks-near-hormuz The Business Times en 2026-06-10T12:16:00+08:00 Iran strikes US bases in Gulf after Trump orders attacks near Hormuz  https://cassette.sphdigital.com.sg/image/businesstimes/eb8d7060aa0e402d6c965c219a2ed31e5ec88d8226a804473049a79179ea0e17 A drone view of vessles anchored in the Strait of Hormuz as seen from Musandam, Oman on Jun 3. A drone view of vessles anchored in the Strait of Hormuz as seen from Musandam, Oman on Jun 3. https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/japans-asics-spin-popular-onitsuka-tiger-sneaker-business-shares-rise The Business Times en 2026-06-10T12:09:41+08:00 Japan’s Asics to spin off popular Onitsuka Tiger sneaker business; shares rise https://cassette.sphdigital.com.sg/image/businesstimes/ca73773289618e13b167977a9479cda83d33c8a97e70ea140bcca4394fdc981b Asics said that its board of directors has approved a plan to transfer the Onitsuka Tiger business to OT Group through an absorption-type company split. Onitsuka Tiger has been a key growth driver for Asics in recent years. https://www.businesstimes.com.sg/international/asean/us-working-release-energy-reserves-boost-sales-gas-asean The Business Times en 2026-06-10T11:50:52+08:00 US working to release energy reserves, boost sales of gas to Asean https://cassette.sphdigital.com.sg/image/businesstimes/3e8ee6fa866976d87e7298add2795b6f47a43611973c39b13afdef5eeef0080e It is eager to continue partnering with Asean on expanding the Asean Power Agreement, US Deputy Secretary of State Christopher Landau said. It is eager to continue partnering with Asean on expanding the Asean Power Agreement, US Deputy Secretary of State Christopher Landau said. https://www.businesstimes.com.sg/international/japan-wholesale-inflation-accelerates-fastest-three-years-energy-costs-spike The Business Times en 2026-06-10T11:25:22+08:00 Japan wholesale inflation accelerates to fastest in three years as energy costs spike https://cassette.sphdigital.com.sg/image/businesstimes/675b635c1f81f1d1cbae1b9173db2db63c3449669c053061cb96e74ab8c862d5 Soaring energy costs from the Middle East conflict have complicated the BOJ’s rate decisions, pushing up prices, but also hurting an economy heavily reliant on fuel imports. Soaring energy costs from the Middle East conflict have complicated the BOJ’s rate decisions, pushing up prices, but also hurting an economy heavily reliant on fuel imports. https://www.businesstimes.com.sg/singapore/ai-salaries-singapore-rising-5-times-faster-overall-wages-fresh-grads-earn-s90k-year The Business Times en 2026-06-10T11:08:09+08:00 AI salaries in Singapore rising 5 times faster than overall wages, fresh grads earn up to S$90k a year https://cassette.sphdigital.com.sg/image/businesstimes/fae26947cc0a753347e90cac625959371f7bac2c87b2464c848acf0ad743adfa Within the past year, pay for AI roles has climbed by about 15 to 25 per cent, according to recruitment firm Robert Walters. Within the past year, pay for AI roles has climbed by about 15 to 25 per cent, according to recruitment firm Robert Walters. https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/starbucks-weighs-japan-unit-options-including-400-billion-yen-stake-sale-sources The Business Times en 2026-06-10T10:43:59+08:00 Starbucks weighs Japan unit options including 400 billion yen stake sale: sources https://cassette.sphdigital.com.sg/image/businesstimes/6ceb65a36d3547e70dcdbde1b1dcf9d4e2c25e7936f0ee4d32bf3d40cd01fee1 Starbucks has a long history in Japan, where it established a joint venture with Sazaby League in 1995 and held an IPO for the local unit in 2001. Starbucks has a long history in Japan, where it established a joint venture with Sazaby League in 1995 and held an IPO for the local unit in 2001. https://www.businesstimes.com.sg/international/customs-says-us11-4-billion-tied-us-tariff-refund-appeal The Business Times en 2026-06-10T10:35:31+08:00 Customs says US$11.4 billion is tied up in US tariff refund appeal https://cassette.sphdigital.com.sg/image/businesstimes/8563d206a1963f14ff26154a1e4ef5965e1c962e29c0f374ab99541bbf9589d3 he government also argues it cannot refund final tariff payments without a court order because there is no statutory authority for CBP to reopen final tariffs. The government also argues it cannot refund final tariff payments without a court order because there is no statutory authority for CBP to reopen final tariffs. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/singapore-shares-end-lower-after-middle-east-conflict-intensifies-sti-down-1-3 The Business Times en 2026-06-10T10:27:48+08:00 Singapore shares end lower after Middle East conflict intensifies; STI down 1.3% https://cassette.sphdigital.com.sg/image/businesstimes/e19dcea04cdd79365caf1b7eb91a8b2711190b64bce00e289a08f13ac5f07b7f Across the broader market, gainers trail losers 260 to 337, after 1.5 billion securities worth S$2.6 billion change hands. Across the broader market, gainers trail losers 260 to 337, after 1.5 billion securities worth S$2.6 billion change hands. https://www.businesstimes.com.sg/international/chinas-inflation-split-widens-ai-iran-war-stir-factory-prices The Business Times en 2026-06-10T10:12:41+08:00 China’s inflation split widens as AI, Iran war stir up factory prices https://cassette.sphdigital.com.sg/image/businesstimes/8fed3bbfa7ebc4e0a85e3f9c3bb3d7dfec5f4adbfa988b0b986f3c99178517ce The consumer-price index climbed to 1.2 per cent from a year earlier. The consumer-price index climbed to 1.2 per cent from a year earlier. https://www.businesstimes.com.sg/international/asean/us165-billion-renewable-energy-assets-asean-face-high-risk-climate-hazards-report The Business Times en 2026-06-10T10:00:00+08:00 US$165 billion of renewable energy assets in Asean face high risk of climate hazards: report https://cassette.sphdigital.com.sg/image/businesstimes/98bff396cfc5647d2f05bfabd62aa04413dcc2a9508a187f7ebd57d45bd68229 Solar power faces the steepest near-term exposure with about 80 per cent of capacity facing critical risk, according to the report. Solar power faces the steepest near-term exposure with about 80% of capacity facing critical risk. https://www.businesstimes.com.sg/companies-markets/banking-finance/japans-largest-banks-jointly-issue-stablecoins-march-2027 The Business Times en 2026-06-10T09:51:56+08:00 Japan’s largest banks to jointly issue stablecoins by March 2027 https://cassette.sphdigital.com.sg/image/businesstimes/8961cbbe02f38cc876818e9b4719136e5f33f5cb21e374e4f1f36588067603a5 The gap between Japan’s ultra-low interest rates and those in the US and other major economies remain wide. A Japanese ruling party panel called for promoting usage of yen-based stablecoins for settlement in Asia. https://www.businesstimes.com.sg/international/asean/thailand-pushes-eu-free-trade-deal-reduce-us-reliance The Business Times en 2026-06-10T09:40:51+08:00 Thailand pushes EU free trade deal to reduce US reliance https://cassette.sphdigital.com.sg/image/businesstimes/978fbce8779d2161859e8b610cd2e0430b6b675dbc0c94b3376585b1b89439f3 Thailand is currently negotiating with Trump’s administration over tariff measures and is hoping to secure treatment comparable to other South-east Asian economies. Thailand is currently negotiating with Trump’s administration over tariff measures and is hoping to secure treatment comparable to other South-east Asian economies. https://www.businesstimes.com.sg/companies-markets/labubu-maker-pop-mart-pushes-back-one-hit-wonder-fears The Business Times en 2026-06-10T09:36:42+08:00 Labubu maker Pop Mart pushes back on one-hit wonder fears https://cassette.sphdigital.com.sg/image/businesstimes/1cb11aa3d18521a5ab8ce15ec0b42a98c2237060790fb705069fd7265f70f887 Labubu are a rare instance of a Chinese product sparking a consumer frenzy in Western markets. Labubu are a rare instance of a Chinese product sparking a consumer frenzy in Western markets. https://www.businesstimes.com.sg/international/asean/malaysia-sees-risk-missing-deficit-goals-subsidy-pressures The Business Times en 2026-06-10T09:03:15+08:00 Malaysia sees risk of missing deficit goals on subsidy pressures https://cassette.sphdigital.com.sg/image/businesstimes/243d96cc3087db5b77a40b6572eaebe74f9c08d63eb79393703afcf083e14a2f The government has sheltered the population from some of the impact of the war by maintaining fuel subsidies. The government has sheltered the population from some of the impact of the war by maintaining fuel subsidies. https://www.businesstimes.com.sg/companies-markets/icapital-strengthens-apac-presence-demand-alternatives-surges-among-wealthy-investors The Business Times en 2026-06-10T09:01:00+08:00 iCapital strengthens Apac presence as demand for alternatives surges among wealthy investors https://cassette.sphdigital.com.sg/image/businesstimes/2e6cbf3d401fe18fed97d688591acba5ee81978e90ed5592dae74f5735e61c3c “The biggest trend that we are seeing, and specifically even more recently in Singapore and the broader APAC region, is it is no longer should I do alternatives, it is how I should do alternatives”, said Jeff McGoey, Chief Operating Officer at iCapital with an exclusive interview with The Business Times. “The biggest trend that we are seeing, and specifically even more recently in Singapore and the broader APAC region, is it is no longer should I do alternatives, it is how I should do alternatives”, said Jeff McGoey, Chief Operating Officer at iCapital with an exclusive interview with The Business Times. https://www.businesstimes.com.sg/companies-markets/stocks-watch-nio-wee-hur The Business Times en 2026-06-10T08:31:38+08:00 Stocks to watch: Nio, Wee Hur https://cassette.sphdigital.com.sg/image/businesstimes/05c1b4fd26f98f0d3c03262c35e146dab54233357f851b2af7aae2cd46385a68 Nio on Tuesday denied allegations by the US that it is aiding the Chinese military. Nio denies allegations by the US that it is aiding the Chinese military. https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-slumps-below-us4200-renewed-us-iran-clashes-test-truce The Business Times en 2026-06-10T08:05:55+08:00 Gold slumps below US$4,200 as renewed US-Iran clashes test truce https://cassette.sphdigital.com.sg/image/businesstimes/cb98c8fb5c21afe5362f12d4ed8bebcaa499bb60d0f29f53663bedbd38305365 Gold is about a fifth below where it was trading before the Iran war broke out at the end of February. Gold is about a fifth below where it was trading before the Iran war broke out at the end of February. https://www.businesstimes.com.sg/international/taiwan-eyes-curbs-ai-chip-sales-china-align-us The Business Times en 2026-06-10T07:42:58+08:00 Taiwan eyes curbs on AI chip sales to China to align with US https://cassette.sphdigital.com.sg/image/businesstimes/66d75672a3d01cb62f2922d6497f274ba094d41c2613317b58614d2e9105c400 Taipei officials are considering imposing much stronger AI chip controls that would restrict sales to all customers in China. Taiwan, however, does not consider unauthorised AI chip exports to China to be a crime. https://www.businesstimes.com.sg/opinion-features/why-south-east-asia-must-write-its-own-rules-platform-work The Business Times en 2026-06-10T07:15:00+08:00 Why South-east Asia must write its own rules on platform work https://cassette.sphdigital.com.sg/image/businesstimes/a17d9eda61daef1735e58ce3bfd496bd4ab42d258d38f0c7e18e9884df051280 Across the Global South, millions of workers rely on informal work for access to incomes that the formal economy might not provide. Across the Global South, millions of workers rely on informal work for access to incomes that the formal economy might not provide. https://www.businesstimes.com.sg/companies-markets/cgsi-upgrades-singapore-banking-sector-overweight-net-interest-income-upside The Business Times en 2026-06-10T07:00:00+08:00 CGSI upgrades Singapore banking sector to ‘overweight’ on net interest income upside https://cassette.sphdigital.com.sg/image/businesstimes/7cf6990abdacd7e015241503437212256bfe82193802ed2be4ab09901a73b553 dbs, uob, ocbc atms “Continued liquidity inflows through deposits have supported resilient NII,” say CGSI analysts. https://www.businesstimes.com.sg/singapore/single-founders-billion-dollar-valuations-ai-minting-unicorn-startups-birth The Business Times en 2026-06-10T07:00:00+08:00 Single founders, billion-dollar valuations: AI is minting unicorn startups at birth https://cassette.sphdigital.com.sg/image/businesstimes/74f45c25a6aa64bf119cb4a4c687a58f5cf6e57604a3365bd4712c7bf5666b6f Granite Asia senior managing partner Jenny Lee (left) and BT wealth editor Genevieve Cua Granite Asia senior managing partner Jenny Lee (left) and BT wealth editor Genevieve Cua at the inaugural Business Conclave. https://www.businesstimes.com.sg/opinion-features/trump-mulling-stakes-big-ai-firms-will-tech-become-public-utility The Business Times en 2026-06-10T07:00:00+08:00 With Trump mulling stakes in big AI firms, will the tech become a public utility? https://cassette.sphdigital.com.sg/image/businesstimes/07dbf6d1238d0f901c473cfc3940c34432817248c74f6f06121ba011f7098ee9 OpenAI CEO Sam Altman was part of talks between senior US officials and major AI companies about the government possibly buying shares in the businesses. OpenAI CEO Sam Altman was part of talks between senior US officials and major AI firms about the American government possibly buying shares in the businesses. https://www.businesstimes.com.sg/opinion-features/once-deemed-costly-failure-industrial-policy-making-return-led-china The Business Times en 2026-06-10T07:00:00+08:00 Once deemed a costly failure, industrial policy is making a return – led by China https://cassette.sphdigital.com.sg/image/businesstimes/515d16b8ae9cbd3895d786b5ae499600628228c1943f279bed5e3b88cbd09d0b An OECD report indicated that the production of solar photovoltaic panels, semiconductors, aluminium, steel and shipbuilding were the top five recipients of subsidies, as a percentage of sales revenue of firms, across the 15 sectors. An OECD report indicates that the production of solar photovoltaic panels, semiconductors, aluminium, steel and shipbuilding were the top five recipients of subsidies, across 15 sectors. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/asian-stocks-slide-oil-gains-middle-east-tensions-escalate The Business Times en 2026-06-10T06:42:05+08:00 Asian stocks slide, oil gains as Middle East tensions escalate https://cassette.sphdigital.com.sg/image/businesstimes/cfb40ef866c90a3769775b0eef3b7424fbc63371d8c9a6d889660f5d84bd7b74 MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 0.6%. Japan’s Nikkei fell 0.9% while the tech-heavy South Korean Kospi slumped 2% in a volatile week where AI stocks have come under pressure. https://www.businesstimes.com.sg/international/global/us-launches-new-strikes-iran-after-helicopter-downed The Business Times en 2026-06-10T06:14:12+08:00 US launches new strikes on Iran after helicopter downed https://cassette.sphdigital.com.sg/image/businesstimes/4fc1cd9541211e29d696190a1844cb2820506ea3eedc82c1ffdafb27af9da919 Iran’s state media cited a military source as saying that no offencive air military operations have been conducted in the Strait of Hormuz in the previous 24 hours. Iran’s state media cited a military source as saying that no offensive air military operations had been conducted in the Strait of Hormuz in the previous 24 hours. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/sp-500-nasdaq-fall-tech-selling-resumes-trump-vows-respond-downed-us-helicopter The Business Times en 2026-06-10T05:58:00+08:00 S&P 500, Nasdaq fall as tech selling resumes, Trump vows to respond to downed US helicopter https://cassette.sphdigital.com.sg/image/businesstimes/0827605ddc1549e2fa4409bfdcd230f410d4275e7f9cafcbcf95898be2d0cf06 The Cboe Volatility Index hit its highest level since Apr 7 during the session as stocks sold off. The Cboe Volatility Index hit its highest level since Apr 7 during the session as stocks sold off. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-close-lower-investors-weigh-middle-east-risks The Business Times en 2026-06-10T05:38:32+08:00 European shares close lower as investors weigh Middle East risks https://cassette.sphdigital.com.sg/image/businesstimes/393a81a5416d75b41295c85f5de26546848cc73384cd7295e220c156a2c313be The European technology sector remains set for the strongest quarterly gain on the Stoxx 600. European technology stocks have seen bouts of volatility recently. https://www.businesstimes.com.sg/property/us-existing-home-sales-jump-highest-year-top-forecasts The Business Times en 2026-06-09T23:21:23+08:00 US existing-home sales jump to highest this year, top forecasts https://cassette.sphdigital.com.sg/image/businesstimes/505d1c8a4a73e27e57d3c029d46559f298d2ef5d6f4b2e208bc8953c584bad77 First-time buyers are returning to the market, accounting for 35 per cent of sales in May, which is the highest share since June 2020. First-time buyers are returning to the market, accounting for 35 per cent of sales in May, which is the highest share since June 2020. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-wall-street-rises-tech-shares-gain-middle-east-tensions-ease The Business Times en 2026-06-09T22:31:24+08:00 US stocks: Wall Street rises as tech shares gain, Middle East tensions ease https://cassette.sphdigital.com.sg/image/businesstimes/564028d09daf70082227e61eca4238b88c66b1e8d0c8136545c222ffb226cce1 All three major US indices rose on Tuesday morning. All three major US indices rose on Tuesday morning. https://www.businesstimes.com.sg/international/us-trade-gap-narrows-oil-exports-offset-ai-driven-imports The Business Times en 2026-06-09T21:58:35+08:00 US trade gap narrows as oil exports offset AI-driven imports https://cassette.sphdigital.com.sg/image/businesstimes/96d577bf8bcb7791a7a33c0f6dc611db76b1d66539d7a74381c7f55b394159c8 Recent surveys of purchasing managers have suggested US companies are stockpiling merchandise in an effort to front-run additional war-related price hikes. Recent surveys of purchasing managers have suggested US companies are stockpiling merchandise in an effort to front-run additional war-related price hikes. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/chinas-tencent-draws-more-us16-billion-orders-dual-currency-bond The Business Times en 2026-06-09T21:40:06+08:00 China’s Tencent draws more than US$16 billion in orders for dual-currency bond https://cassette.sphdigital.com.sg/image/businesstimes/3872b6465184a3b337281ff31bc5293d04b51606303370dbf96fb127d3c18a06 Tencent had aimed to raise US$4 billion, Reuters reported on Monday. Tencent plans to use the proceeds for general corporate purposes, including refinancing, term sheets showed. https://www.businesstimes.com.sg/wealth/crypto-alternative-assets/bitcoins-worst-week-ftx-crash-may-signal-more-pain-ahead The Business Times en 2026-06-09T21:23:18+08:00 Bitcoin’s worst week since FTX crash may signal more pain ahead https://cassette.sphdigital.com.sg/image/businesstimes/e8429f22e631c62c43f00c19b5b5af4f78498b7be31a46b0e39a4af8ab8a5096 Investors have pulled about US$5.5 billion from US-listed spot Bitcoin ETFs over 13 straight days of net outflows. Investors have pulled about US$5.5 billion from US-listed spot Bitcoin ETFs over 13 straight days of net outflows. https://www.businesstimes.com.sg/singapore/singapore-benefits-middle-east-flight-reroutings-only-temporarily-iata The Business Times en 2026-06-09T21:14:36+08:00 Singapore benefits from Middle East flight reroutings but only temporarily: IATA https://cassette.sphdigital.com.sg/image/businesstimes/ada7a257aefd815207321590ff4c7c53f4c4aa1b8cf61d110ee2699ef0ab51ca IATA director-general Willie Walsh said the benefits are temporary and will not make a long-term difference because the Gulf hubs will recover once stability is restored in the region. IATA director-general Willie Walsh said the benefits are temporary and will not make a long-term difference because the Gulf hubs will recover once stability is restored in the region. https://www.businesstimes.com.sg/international/us-dollar-eases-middle-east-hopes-outweigh-prospects-higher-us-rates The Business Times en 2026-06-09T21:12:31+08:00 US dollar eases as Middle East hopes outweigh prospects of higher US rates https://cassette.sphdigital.com.sg/image/businesstimes/ce64df36fd58e078d19039945a86143783aa1b53c75c73aa988049e6d8a1759d The US dollar index, which measures the greenback against a basket of currencies including the yen and the euro, was down 0.24% at 99.77. The US dollar index, which measures the greenback against a basket of currencies including the yen and the euro, was down 0.24% at 99.77. https://www.businesstimes.com.sg/esg/global-offshore-wind-capacity-set-grow-420-gw-end-2035-gwec-report-says The Business Times en 2026-06-09T20:46:58+08:00 Global offshore wind capacity set to grow to 420 GW by end of 2035, Gwec report says https://cassette.sphdigital.com.sg/image/businesstimes/33ee65e6c3c9b05f0efac5d6a5058b05f8cf6915d980a4fda4b6572cd66aeeeb China accounts for 52 per cent of the global offshore wind market, having overtaken Britain in 2021. China accounts for 52 per cent of the global offshore wind market, having overtaken Britain in 2021. https://www.businesstimes.com.sg/singapore/singapore-negotiate-fta-regional-bloc-8-east-african-countries The Business Times en 2026-06-09T20:37:24+08:00 Singapore to negotiate FTA with regional bloc of 8 East African countries https://cassette.sphdigital.com.sg/image/businesstimes/1b9ac7e6cd8af900ec9578e47f9cd3b56b9f3a8006e399d23774f43e5ca0a02b President Tharman Shanmugaratnam, accompanied by his Tanzanian counterpart Samia Suluhu Hassan, during a welcome ceremony for his state visit to Tanzania, June 9, 2026. President Tharman Shanmugaratnam (left), accompanied by his Tanzanian counterpart Samia Suluhu Hassan, during a welcome ceremony for his state visit to Tanzania on Jun 9. https://www.businesstimes.com.sg/international/asean/malaysias-government-linked-funds-invest-firms-under-my-value-programme The Business Times en 2026-06-09T20:29:01+08:00 Malaysia’s government-linked funds to invest in firms under MY Value Up programme https://cassette.sphdigital.com.sg/image/businesstimes/aa416818395a21013c37c45a5a5091a651b3cf9b5eb2b834a00de0e8d8e0724d My Value Up programme guidebook launching ceremony in Kuala Lumpur. (From left) Securities Commission managing director Azalina Adham, Securities Commission executive chairman Mohammad Faiz Azmi, Minister of Finance II Amir Hamzah, Deputy Prime Minister Ahmad Zahid Hamidi, Deputy Minister of Economy Mohd Shahar Abdullah, Bursa Malaysia chairman Abdul Farid Alias and Bursa CEO Fad’l Mohamed. Among those at the launch of the MY Value Up programme guidebook on Jun 9 were Securities Commission executive chairman Mohammad Faiz Azmi (second from left); Deputy Prime Minister Ahmad Zahid Hamidi (fourth from left); and Bursa Malaysia CEO Fad’l Mohamed (extreme right). https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/chinese-hackers-pose-biggest-espionage-threat-tech-firms-crowdstrike-says The Business Times en 2026-06-09T20:27:29+08:00 Chinese hackers pose biggest espionage threat to tech firms, CrowdStrike says https://cassette.sphdigital.com.sg/image/businesstimes/518c89f86fd614623329df565e1ba41a523d27749df9a098cb2db5b7a010fa17 The technology sector was once again the most targeted industry by both foreign governments and cybercriminals, the report found. The technology sector was once again the most targeted industry by both foreign governments and cybercriminals, the report found. https://www.businesstimes.com.sg/international/global/chinas-trade-imbalance-eu-swells-imports-new-slump The Business Times en 2026-06-09T19:49:33+08:00 China’s trade imbalance with EU swells with imports in new slump https://cassette.sphdigital.com.sg/image/businesstimes/d614f18ce051ad8799d8ba1d890142689e9a492008fb8788119a0ec3f6104826 French President Emmanuel Macron is to host a video call between the Group of Seven countries and China to address global trade imbalances, Politico reports. French President Emmanuel Macron is to host a video call between the Group of Seven countries and China to address global trade imbalances, Politico reports. https://www.businesstimes.com.sg/international/us-small-business-optimism-falls-lowest-october-2024 The Business Times en 2026-06-09T19:37:39+08:00 US small-business optimism falls to lowest since October 2024 https://cassette.sphdigital.com.sg/image/businesstimes/306d3c9307a011bc8494599914f469170ff27231e738c67021ea8cc853ab5e69 The share of small businesses saying they’re planning new hires or are having trouble filling jobs fell to six-year lows. The share of small businesses saying they’re planning new hires or are having trouble filling jobs fell to six-year lows. https://www.businesstimes.com.sg/international/global/ai-saves-clinicians-time-most-lack-training-survey-finds The Business Times en 2026-06-09T19:11:19+08:00 AI saves clinicians time but most lack training, survey finds https://cassette.sphdigital.com.sg/image/businesstimes/c8976ad29ddcb9bf4f4e6603b5721e5e85dc8601abebc1c8f4daf473eb13a547 Nurses and doctors said AI helped them become more precise and careful, better keep up with research and clinical developments, and think through cases in detail. Nurses and doctors said AI helped them become more precise and careful, better keep up with research and clinical developments, and think through cases in detail. https://www.businesstimes.com.sg/companies-markets/transport-logistics/emirates-will-not-cut-flights-despite-middle-east-war-pressures The Business Times en 2026-06-09T18:54:39+08:00 Emirates will not cut flights despite Middle East war pressures https://cassette.sphdigital.com.sg/image/businesstimes/3f903ea6f452e1770ec9971f60bce35ef7350ff8adb899dadd25da0b3079cc8c Emirates president Tim Clark at the Berlin Aviation Summit in Berlin, Germany, June 9, 2026. Emirates president Tim Clark at the Berlin Aviation Summit in Berlin, Germany, June 9, 2026. https://www.businesstimes.com.sg/international/daily-debrief-what-happened-today-jun-91 The Business Times en 2026-06-09T18:45:00+08:00 Daily Debrief: What Happened Today (Jun 9) https://cassette.sphdigital.com.sg/image/businesstimes/cccc6ab7064a6857b836dce18962c34315e4ecb7eaac42b37b4eb8531638edd8 The new facility will help support demand for Bombardier's jets, such as the Global 8000. The new facility will help support demand for Bombardier's jets, such as the Global 8000. https://www.businesstimes.com.sg/companies-markets/singapore-stocks-close-higher-after-rebound-global-chipmakers-sti-1-2 The Business Times en 2026-06-09T18:16:45+08:00 Singapore stocks close higher after rebound of global chipmakers; STI up 1.2% https://cassette.sphdigital.com.sg/image/businesstimes/4a8b483f143c0637b312f8d315b3eae40f90efa7a0d7fba29c58b541fc5c5979 Thai Beverage leads the gainers on The Straits Times Index, ending 3.5% or S$0.015 up at S$0.44 on Jun 9. Thai Beverage leads the gainers on The Straits Times Index, ending 3.5% or S$0.015 up at S$0.44 on Jun 9. https://www.businesstimes.com.sg/companies-markets/energy-commodities/giant-oil-supertanker-orders-eclipse-record-set-2008 The Business Times en 2026-06-09T18:12:25+08:00 Giant oil supertanker orders eclipse record set in 2008 https://cassette.sphdigital.com.sg/image/businesstimes/e483262a3807d49657af183a5a485b83d61264d0d8f5b03af9e633efdbd72f2c The Eneos Endeavor supertanker approaches the Eneos Corp. Negishi oil refinery in Yokohama, Japan, June 6, 2026. At the start of the Iran war, around 9% of the world’s non-sanctioned, compliant VLCC fleet was locked up in the Persian Gulf, though some supertankers have managed to leave the area in the weeks since. https://www.businesstimes.com.sg/companies-markets/nio-denies-us-allegations-says-inclusion-chinese-military-companies-list-will-not-impact-business The Business Times en 2026-06-09T18:06:35+08:00 Nio denies US allegations, says inclusion on Chinese military companies list ‘will not impact’ business https://cassette.sphdigital.com.sg/image/businesstimes/cd84b564f3b14602ddfda3960e56e0a9ce09448618f0f641a78acad489977a79 Nio says that it will be engaging the US Department of Defense over its inclusion on the list. Nio says that it will be engaging the US Department of Defense over its inclusion on the list. https://www.businesstimes.com.sg/opinion-features/trumps-sliding-approval-ratings-weigh-republicans-prospects-us-midterms The Business Times en 2026-06-09T18:00:00+08:00 Trump’s sliding approval ratings weigh on Republicans’ prospects in US midterms https://cassette.sphdigital.com.sg/image/businesstimes/8cd0637bf375ebea678adcde923d01f8a1a5b4885f8283836bfeae805c0b031c More than half of Americans believe US President Donald Trump is using his office for personal gain, according to a poll. More than half of Americans believe US President Donald Trump is using his office for personal gain, according to a poll. https://www.businesstimes.com.sg/international/asean/bank-indonesias-emergency-rate-hike-buys-time-battered-rupiah-investor-doubts-linger The Business Times en 2026-06-09T17:54:08+08:00 Bank Indonesia’s emergency rate hike buys time for battered rupiah, but investor doubts linger https://cassette.sphdigital.com.sg/image/businesstimes/3838fe11211ce7a7947d236a47ead02ab5ce119c43db42b78be7df429298c624 epa13008313 A gas station attendant makes a transaction using Indonesian rupiah banknotes at a gas station in Aceh, Indonesia, 01 June 2026. The rupiah touched IDR 17,910 per US dollar at the start of the Asian trading session, weakening 0.61 percent from the previous close of IDR 17,801 per US dollar amid growing market concerns over the country's economic fundamentals. EPA/HOTLI SIMANJUNTAK The rupiah strengthened modestly to around 18,085 per US dollar after the central bank's announcement on Jun 9, recovering from the record low of 18,190 touched a day earlier. https://www.businesstimes.com.sg/singapore/grab-enterprisesg-launch-scheme-help-small-fb-businesses-grow-customer-demand-and-capabilities The Business Times en 2026-06-09T17:22:37+08:00 Grab, EnterpriseSG launch scheme to help small F&B businesses grow customer demand and capabilities https://cassette.sphdigital.com.sg/image/businesstimes/933dd193facbc5c515ac855ca19868b130eaa5370a546b500593e9edad1d0301 Grab and EnterpriseSG's new initiative aims to improve small F&B merchants' visibility and business capabilities through promotional deals and providing guidance. Senior Minister of State for Trade and Industry Low Yen Ling (in pink jacket) and Grab Singapore's managing director Alejandro Osorio (to the immediate right of the sign) at the launch of the “Grab Full House Mission” on Tuesday (Jun 9). https://www.businesstimes.com.sg/property/buyer-flips-london-mega-mansion-ps56-million-mark The Business Times en 2026-06-09T17:21:49+08:00 Buyer flips London mega mansion for £56 million mark up https://cassette.sphdigital.com.sg/image/businesstimes/32062ccccdbf16a89a864cb7ead4d0b08f0bcd1447c2666407331de8e0aa63c7 The Holme is a white stucco villa located next to London Zoo and a boating lake in Regent's Park. The Holme is a white stucco villa located next to London Zoo and a boating lake in Regent's Park. https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/gsk-buy-nuvalent-us10-6-billion-expand-cancer-drugs The Business Times en 2026-06-09T17:05:48+08:00 GSK to buy Nuvalent for US$10.6 billion to expand in cancer drugs https://cassette.sphdigital.com.sg/image/businesstimes/0e239211cd30b3508a1751310ac5d62d952c2a4080c572a1e14591464a90c975 This marks a significant expansion of GSK’s cancer portfolio, which has been slowly growing since it returned to the disease space in 2019. This marks a significant expansion of GSK’s cancer portfolio, which has been slowly growing since it returned to the disease space in 2019. https://www.businesstimes.com.sg/international/china-prepares-two-trillion-yuan-plan-fund-nationwide-ai-build-out The Business Times en 2026-06-09T16:57:48+08:00 China prepares two trillion yuan plan to fund nationwide AI build-out https://cassette.sphdigital.com.sg/image/businesstimes/41cd2444fdbb631885dccc10e89924ff734310985b1e65ad1ec6f5153f63e745 The over-arching plan represents Beijing’s most aggressive endeavour yet to lay the foundation for future Chinese AI development. The overarching plan represents Beijing’s most aggressive endeavour yet to lay the foundation for future Chinese AI development. https://www.businesstimes.com.sg/wealth/wealth-investing/state-play-half-time-2026 The Business Times en 2026-06-09T16:57:37+08:00 State of play at half-time of 2026 https://cassette.sphdigital.com.sg/image/businesstimes/c96a7ff74925a3c63b23ce4fa9d0e5af8b42a21f3e835d3bd34c8b4c7f731d79 Equity markets rallied in April and May despite headwinds in the Middle East peace process, inflationary pressure and rising bond yields. Equity markets rallied in April and May despite headwinds in the Middle East peace process, inflationary pressure and rising bond yields. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/meta-funds-skilled-trades-jobs-programme-ai-data-centre-buildout The Business Times en 2026-06-09T16:55:05+08:00 Meta funds skilled trades jobs programme for AI data-centre buildout https://cassette.sphdigital.com.sg/image/businesstimes/9ad220b54ad9629203806585c163281a89f231d87a6176c7bc8384e94783b687 The investment is a tiny slice of the US$600 billion total Meta has pledged to invest in US infrastructure and jobs over the next three years. The investment is a tiny slice of the US$600 billion total Meta has pledged to invest in US infrastructure and jobs over the next three years. https://www.businesstimes.com.sg/opinion-features/columns/sgxs-global-listing-board-needs-few-strong-listings-right-out-gate The Business Times en 2026-06-09T16:53:58+08:00 SGX’s Global Listing Board needs a few strong listings right out the gate https://cassette.sphdigital.com.sg/image/businesstimes/ed441987dfccc67460955aedfcdfb4083107465771c8642f84ac791b6827536b With the Global Listing Board, the stakes are high for SGX to ensure the first few listing perform well. With the Global Listing Board, the stakes are high for SGX to ensure the first few listings perform well. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-steady-middle-east-tensions-focus The Business Times en 2026-06-09T16:32:55+08:00 European shares steady; Middle East tensions in focus https://cassette.sphdigital.com.sg/image/businesstimes/d82e0c3caf8baa2c817b9560d50165e38c160a12ed7118439558d7b3e89dc50d The Stoxx 600 index edged 0.1 per cent higher to 622.68 points by 0708 GMT on Tuesday. The Stoxx 600 index edged 0.1 per cent higher to 622.68 points by 0708 GMT on Tuesday. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/apples-ios-27-filled-hints-about-its-upcoming-foldable-iphone The Business Times en 2026-06-09T16:17:04+08:00 Apple’s iOS 27 is filled with hints about its upcoming foldable iPhone https://cassette.sphdigital.com.sg/image/businesstimes/19472a2e7ee76f30b806aada0c8ef2ac40bcf7ceb9a93bd16d5feec5d4e1ac42 Apple's chief executive Tim Cook speaks during Apple's annual developers conference in Cupertino, California, June 8, 2026. Apple's chief executive Tim Cook speaks during Apple's annual developers conference in Cupertino, California, June 8, 2026. https://www.businesstimes.com.sg/lifestyle/mexico-world-cup-cartels-are-least-your-worries The Business Times en 2026-06-09T16:07:27+08:00 In Mexico for the World Cup? Cartels are the least of your worries https://cassette.sphdigital.com.sg/image/businesstimes/146b49de079188505c097fd6a7b690286edaa8acc650296421cc217a5fa097fa People participate in an attempt to break the Guinness World Record for the world’s largest “Mexican wave” along Reforma Avenue as part of activities ahead of the FIFA World Cup 2026, in Mexico City, Mexico, June 6, 2026. REUTERS/Luis Cortes People participating in an attempt to break the Guinness World Record for the world’s largest “Mexican wave” as part of activities ahead of the Fifa World Cup in Mexico City. https://www.businesstimes.com.sg/companies-markets/bombardier-grow-apac-service-hub-singapore-s100-million-expansion The Business Times en 2026-06-09T15:46:57+08:00 Bombardier to grow Apac service hub in Singapore with S$100 million expansion https://cassette.sphdigital.com.sg/image/businesstimes/901ca08d70a4c87115df4e85566a84bff8f1329443f54e15c61b295978ddd4f4 The new facility will help support demand for Bombardier's jets, such as the Global 8000. The new facility will help support demand for Bombardier's jets, such as the Global 8000. https://www.businesstimes.com.sg/international/asean/oil-shock-drives-philippine-underemployment-rate-near-three-year-high The Business Times en 2026-06-09T15:43:55+08:00 Oil shock drives Philippine underemployment rate to near three-year high https://cassette.sphdigital.com.sg/image/businesstimes/38cdf23019e187f330d0c9bf65d4e5466886854ba0414b7b5642531bb5d92cb7 "Underemployment is present in specific subsectors" such as transportation that includes drivers of taxis, jeepneys and ride-hailing services. "Underemployment is present in specific subsectors" such as transportation that includes drivers of taxis, jeepneys and ride-hailing services. https://www.businesstimes.com.sg/international/global/spacex-ipo-fever-sparks-hunt-proxy-plays-asia The Business Times en 2026-06-09T15:41:33+08:00 SpaceX IPO fever sparks hunt for proxy plays in Asia https://cassette.sphdigital.com.sg/image/businesstimes/2ab2c2cc8189dc6f6f90f8c1041985284248bd12b8bf2a036880e0923d4dd3e5 Retail investors are set for a larger-than-usual slice of the big-ticket IPO, with SpaceX considering allocating as much as 30 per cent to individual investors. Retail investors are set for a larger-than-usual slice of the big-ticket IPO, with SpaceX considering allocating as much as 30 per cent to individual investors. https://www.businesstimes.com.sg/wealth/wealth-investing/three-questions-cut-through-market-noise The Business Times en 2026-06-09T15:34:36+08:00 Three questions to cut through the market noise https://cassette.sphdigital.com.sg/image/businesstimes/eef10a7ed00c8a6a18b8924444947b43a62c6e3824a44ba33c597bb0dd789952 Stock market volatility is 10 times greater today than it was between 2010 and 2019. Stock market volatility is 10 times greater today than it was between 2010 and 2019. https://www.businesstimes.com.sg/international/global/how-anil-ambanis-once-sprawling-business-empire-landed-investigators-crosshairs The Business Times en 2026-06-09T15:24:59+08:00 How Anil Ambani’s once-sprawling business empire landed in investigators’ crosshairs https://cassette.sphdigital.com.sg/image/businesstimes/7d632a95bdd786fd3aee2d3ee55e2140512f76fa85db5d3c5a708932d8f92560 A member of one of India’s wealthiest families, Anil Ambani is embroiled in a series of overlapping probes into his companies. A member of one of India’s wealthiest families, Anil Ambani is embroiled in a series of overlapping probes into his companies. https://www.businesstimes.com.sg/companies-markets/transport-logistics/how-hondas-old-guard-tried-and-failed-oust-its-ceo The Business Times en 2026-06-09T15:19:50+08:00 How Honda’s old guard tried, and failed, to oust its CEO https://cassette.sphdigital.com.sg/image/businesstimes/65d9a3b171e20ae97840aee260ffffe91a02f73ed1161fb7ac8d0a67f8d097a3 Honda CEO Toshihiro Mibe, who became CEO in 2021, will accept a 30% pay cut for three months to take responsibility for the annual loss. Honda CEO Toshihiro Mibe, who became CEO in 2021, will accept a 30% pay cut for three months to take responsibility for the annual loss. https://www.businesstimes.com.sg/lifestyle/ms-academy-offers-alternative-employment-pathways-music-persons-disabilities The Business Times en 2026-06-09T15:19:01+08:00 MS Academy offers alternative employment pathways in music for persons with disabilities https://cassette.sphdigital.com.sg/image/businesstimes/6ccccc4882ed12d3ef837b918659d1f4c20aecfe6e4736f99d22bf3920e9b95d From left: MS Academy students Jonathan Tan, John Chan; and Music Solutions associate director Lenny Mazlan. From left: MS Academy students Jonathan Tan and John Chan with Music Solutions associate director Lenny Mazlan. https://www.businesstimes.com.sg/wealth/wealth-investing/geopolitical-shocks-what-moves-first-and-why-it-matters The Business Times en 2026-06-09T15:18:05+08:00 Geopolitical shocks: What moves first and why it matters https://cassette.sphdigital.com.sg/image/businesstimes/3d85e6340c5dd177d13aab283d899c8344e3c552675c7f1e24417b5459870c62 Energy markets were the first and most forceful point of impact in the Middle East conflict. Energy markets were the first and most forceful point of impact in the Middle East conflict. https://www.businesstimes.com.sg/wealth/wealth-investing/governance-key-families-ability-sustain-generational-wealth-says-us-adviser The Business Times en 2026-06-09T15:14:13+08:00 Governance is key to families’ ability to sustain generational wealth, says US adviser https://cassette.sphdigital.com.sg/image/businesstimes/851e42c6c198d769a4e57fa1ddfc090aeb5b0bb9f0ba1c216e7ce9e9d9adeb93 Vanquour chief executive Lu Zhou aims to build a presence in Asia, with financial education as a linchpin. Vanquour chief executive Zhou Lu aims to build a presence in Asia, with financial education as a linchpin. https://www.businesstimes.com.sg/international/asean/rescuers-race-reach-trapped-after-powerful-quake-southern-philippines The Business Times en 2026-06-09T15:02:15+08:00 Rescuers race to reach trapped after powerful quake in southern Philippines https://cassette.sphdigital.com.sg/image/businesstimes/bdc2943dc59c51024f0c2b3da3a6408a3a1c1f8dc5f26f3bddca2c9c008e8304 An emergency response team member at a damaged building in General Santos City on Jun 9, a day after an earthquake hit the southern Philippines. An emergency response team member at a damaged building in General Santos City on Jun 9, a day after an earthquake hit the southern Philippines. https://www.businesstimes.com.sg/companies-markets/banking-finance/bank-japan-consider-pausing-bond-taper-next-fiscal-year-sources The Business Times en 2026-06-09T15:01:08+08:00 Bank of Japan to consider pausing bond taper next fiscal year: sources https://cassette.sphdigital.com.sg/image/businesstimes/a82ec01e5ff29beac1ce80dfd029fd1d8580c89b1983fe1f602f9aad095a8b10 At its Jun 15 to 16 meeting, the BOJ will review its bond taper plan, running through March next year, and lay out a new plan for fiscal 2027 and beyond. At its Jun 15 to 16 meeting, the BOJ will review its bond taper plan, running through March next year, and lay out a new plan for fiscal 2027 and beyond. https://www.businesstimes.com.sg/international/asean/cimb-says-good-time-invest-battered-indonesia-seeks-m The Business Times en 2026-06-09T14:34:42+08:00 CIMB says ‘good time’ to invest in battered Indonesia, seeks M&A https://cassette.sphdigital.com.sg/image/businesstimes/897cacc487bb59025114f42cd69dd288eb6e8fa2d6d95f2fba33a8564b6f50be “For investors who see long-term potential in Indonesia, certainly it is a good time to come in,” CIMB CEO Novan Amirudin said. “For investors who see long-term potential in Indonesia, certainly it is a good time to come in,” CIMB CEO Novan Amirudin said. https://www.businesstimes.com.sg/companies-markets/transport-logistics/glp-aims-us2-billion-asset-sales-year-sources The Business Times en 2026-06-09T14:19:41+08:00 GLP aims for US$2 billion of asset sales this year: sources https://cassette.sphdigital.com.sg/image/businesstimes/f5bd835a26618110b8667117426122387f11d8f1bdd9af059b00a610910daac5 GLP’s US$1 billion bond due in 2028 fell around 20 cents this week – its biggest weekly decline ever – to 75 cents on the US dollar. GLP still has about US$5 billion of assets outside of China after the sale of GCP International. https://www.businesstimes.com.sg/companies-markets/banking-finance/indias-paytm-plans-10-staff-boost-ai-pivot-some-roles-cut The Business Times en 2026-06-09T14:19:34+08:00 India’s Paytm plans 10% staff boost in AI pivot with some roles cut https://cassette.sphdigital.com.sg/image/businesstimes/ec72f0a5f1e916cb4f4b292654a45e4792730500c9e371cad5bd13f72d009f63 Paytm has posted four straight quarters of profit, rebounding from the turmoil caused by India’s banking regulator all but shutting down its banking affiliate. Paytm has posted four straight quarters of profit, rebounding from the turmoil caused by India’s banking regulator all but shutting down its banking affiliate. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/indonesia-raises-rates-surprise-move-support-sinking-rupiah The Business Times en 2026-06-09T14:19:24+08:00 Indonesia raises rates in surprise move to support sinking rupiah https://cassette.sphdigital.com.sg/image/businesstimes/29a5535d5df5c470eb59474412bebccc4d84739177fc1e4094fac73a344f4165 The off-cycle rate hike was necessary because “the rupiah exchange rate has weakened more than expected” since Bank indonesia's last meeting. The off-cycle rate hike was necessary because “the rupiah exchange rate has weakened more than expected” since Bank indonesia's last meeting. https://www.businesstimes.com.sg/international/asean/indonesia-races-plant-rice-early-against-risk-el-nino The Business Times en 2026-06-09T13:42:54+08:00 Indonesia races to plant rice early against risk of El Nino https://cassette.sphdigital.com.sg/image/businesstimes/0dd82fad1955d22c904769e1140d3c3185a0752467bb6a97dfe8e5e3a06e8000 Indonesia’s dry season normally runs from May to August, but this year the weather agency predicts it will stretch longer than usual. Indonesia’s dry season normally runs from May to August, but this year the weather agency predicts it will stretch longer than usual. https://www.businesstimes.com.sg/international/asean/malaysia-eyes-nearly-rm800-billion-electronics-exports-2026 The Business Times en 2026-06-09T13:21:31+08:00 Malaysia eyes nearly RM800 billion in electronics exports in 2026 https://cassette.sphdigital.com.sg/image/businesstimes/c66ace53643a5957453a88e40c9edc97b782a93d983e334e6d4f419c2ff55371 The forecast will likely be achieved despite higher cost pressures on semiconductor manufacturing due to the war in Iran, which has driven up the price of helium. The forecast will likely be achieved despite higher cost pressures on semiconductor manufacturing due to the war in Iran, which has driven up the price of helium. https://www.businesstimes.com.sg/companies-markets/transport-logistics/singpost-unveils-s30-million-sortation-machines-will-boost-its-parcels-processing-capacity The Business Times en 2026-06-09T13:00:00+08:00 SingPost unveils S$30 million sortation machines that will boost its parcels processing capacity https://cassette.sphdigital.com.sg/image/businesstimes/a24d4a2fc64b6e4a6a20ceb0e1ae73eeab93771f545bc5422db987c7c7f796be The facility was launched by (from right) Minister for Digital Development and Information Josephine Teo on Tuesday (Jun 9), pictured here with Teo Swee Lian, SingPost non-independent non-executive director and chairman, and CEO Mark Chong. Minister for Digital Development and Information Josephine Teo (far right) at the launch of the facility. With her are SingPost CEO Mark Chong (at left) and chairman Teo Swee Lian (partially hidden). https://www.businesstimes.com.sg/companies-markets/reits-property/s-reits-positioned-recovery-yield-spreads-widen-analysts The Business Times en 2026-06-09T12:42:10+08:00 S-Reits ‘positioned for recovery’ as yield spreads widen: analysts https://cassette.sphdigital.com.sg/image/businesstimes/3c934b7e0d37ffd1ef7705599e06453640ad859c9728061e83039bf7b063900f Both brokerages' mutual favourite CapitaLand Integrated Commercial Trust is fully acquiring Paragon for about $3.9 billion. Both brokerages' mutual favourite CapitaLand Integrated Commercial Trust is fully acquiring Paragon for about $3.9 billion. https://www.businesstimes.com.sg/property/sime-darby-property-launches-rm1-25-billion-fund-data-centres-industrial-assets The Business Times en 2026-06-09T12:41:13+08:00 Sime Darby Property launches RM1.25 billion fund for data centres, industrial assets https://cassette.sphdigital.com.sg/image/businesstimes/07ad6804e82116af3c3f375d97726cc63c6545caf188fcdf855b6d34f8e35b7e Sime Darby Property will act as the fund’s general partner and sponsor. Sime Darby Property will act as the fund’s general partner and sponsor. https://www.businesstimes.com.sg/international/japans-budget-reform-biggest-1945-finance-minister-says The Business Times en 2026-06-09T12:21:31+08:00 Japan’s budget reform biggest since 1945, finance minister says https://cassette.sphdigital.com.sg/image/businesstimes/19d0db6f18769e59ce1442baaa8af19d71af2d88c1d617ed7cd69ce01ff62c48 Katayama has emphasised the importance of maintaining market confidence through communication. Satsuki Katayama emphasises the importance of maintaining market confidence through communication. https://www.businesstimes.com.sg/property/daiwa-real-estate-unit-aims-raise-rents-fight-higher-rates The Business Times en 2026-06-09T12:15:59+08:00 Daiwa real estate unit aims to raise rents to fight higher rates https://cassette.sphdigital.com.sg/image/businesstimes/fad6ba32294a05151da296ba57140d11772ceda54778f1b2154d6103428737a7 Daiwa uses the consumer price index as a benchmark for raising rents. Daiwa uses the consumer price index as a benchmark for raising rents. https://www.businesstimes.com.sg/lifestyle/arts-design/cj-hendrys-wildly-successful-flower-market-town-juju-world-follow The Business Times en 2026-06-09T12:13:48+08:00 CJ Hendry’s wildly successful Flower Market is in town, with JuJu World to follow https://cassette.sphdigital.com.sg/image/businesstimes/03c349c4030881459454759ea052f4234b504e2d95d0a8f8e93f436f4bc2e9fc CJ Hendry's Flower Market at IMBA Theatre, Gardens by the Bay. CJ Hendry's Flower Market at IMBA Theatre, Gardens by the Bay, is making its South-east Asian debut in Singapore this week. https://www.businesstimes.com.sg/international/asean/vietnam-orders-airlines-accelerate-us-deals-washington-trade-probes-mount The Business Times en 2026-06-09T12:01:38+08:00 Vietnam orders airlines to accelerate US deals as Washington trade probes mount https://cassette.sphdigital.com.sg/image/businesstimes/45c19b7938997defc5909d01d307edfd5a7689fb2e4d1987b601745654624847 Vietnam Airlines and Vietjet Air together signed a deal to purchase 250 Boeing 737 MAX aircraft. Vietnam Airlines and Vietjet Air together signed a deal to purchase 250 Boeing 737 MAX aircraft. https://www.businesstimes.com.sg/opinion-features/why-europes-tariff-plans-china-wont-solve-its-trade-problem The Business Times en 2026-06-09T12:00:00+08:00 Why Europe’s tariff plans on China won’t solve its trade problem https://cassette.sphdigital.com.sg/image/businesstimes/619a1bc03eff1d0bf4b5b26fa0a81c8cd2f6881216a4adf5138d679c62b926eb Nearly 40% of the EU’s total car production is for export, and the unit value of European auto exports is twice as high as that of imports from China. Nearly 40% of the EU’s total car production is for export, and the unit value of European auto exports is twice as high as that of imports from China. https://www.businesstimes.com.sg/international/global/china-export-growth-beats-forecasts-may-ai-boom-gulf-war-stockpiling The Business Times en 2026-06-09T11:31:31+08:00 China export growth beats forecasts in May on AI boom, Gulf war stockpiling https://cassette.sphdigital.com.sg/image/businesstimes/2d957943f7a9f54e3359a57b0405b2a48bbbc26c3b6f4e9419a2e51149e3da9f Exports expanded 19.4% from a year earlier in US dollar value terms. Exports expanded 19.4% from a year earlier in US dollar value terms, outpacing the 14.1% gain in April. https://www.businesstimes.com.sg/international/global/sri-lanka-emerging-new-base-asias-scam-networks-after-crackdown-cambodia The Business Times en 2026-06-09T11:20:56+08:00 Sri Lanka emerging as a new base for Asia’s scam networks after crackdown in Cambodia https://cassette.sphdigital.com.sg/image/businesstimes/a00aab3e42339da84d7a15712e3b8902818b7a87d613a716076df2c261e1a613 Authorities in Sri Lanka have set up a new cybercrimes unit and say they have arrested more than 1,000 people this year alone. Some operators appear to be shifting from large compounds to hotels, apartment buildings and office space that can be rented quickly and abandoned just as fast. https://www.businesstimes.com.sg/international/global/north-korean-and-chinese-leaders-pledge-deeper-economic-cooperation-pyongyang-summit The Business Times en 2026-06-09T11:07:44+08:00 North Korean and Chinese leaders pledge deeper economic cooperation at Pyongyang summit https://cassette.sphdigital.com.sg/image/businesstimes/852d247d5faf4124d511f3c59edeb9b9762e560e82efa806280527ed1de3669d Chinese President Xi Jinping shakes hands with North Korean leader Kim Jong Un during Xi's state visit to Pyongyang on Jun 8. Chinese President Xi Jinping shakes hands with North Korean leader Kim Jong Un during Xi's state visit to Pyongyang on Jun 8. https://www.businesstimes.com.sg/property/global-hotel-giants-bet-indias-local-travel-boom-can-defy-slowdown The Business Times en 2026-06-09T10:42:49+08:00 Global hotel giants bet India’s local travel boom can defy slowdown https://cassette.sphdigital.com.sg/image/businesstimes/13bf888466e26d70bc9caeee96dea4c679861ee90b7a869dd8f8b4286de6c1b1 IHG Hotels & Resorts in May said that it would work with the airports arm of Adani Group to develop five hotels in key aviation hubs and debut its ultra-luxury Kimpton brand in India. IHG Hotels & Resorts in May said that it would work with the airports arm of Adani Group to develop five hotels in key aviation hubs and debut its ultra-luxury Kimpton brand in India. https://www.businesstimes.com.sg/companies-markets/banking-finance/maybank-handles-rm20-billion-deals-singapore-malaysia-hub The Business Times en 2026-06-09T10:31:05+08:00 Maybank handles RM20 billion deals for Johor-Singapore Special Economic Zone https://cassette.sphdigital.com.sg/image/businesstimes/3a38abb449fd3dd6623478c089c953f8ada648d90125d3121b467cbef6ad84c0 Maybank has helped establish nine family offices in Johor. Maybank has helped establish nine family offices in Johor. https://www.businesstimes.com.sg/startups-tech/perplexity-planning-2028-ipo-regardless-anthropic-or-openai-listings-reports-cnbc The Business Times en 2026-06-09T10:23:28+08:00 Perplexity planning 2028 IPO regardless of Anthropic or OpenAI listings, reports CNBC https://cassette.sphdigital.com.sg/image/businesstimes/dc9edcdff2421d72a03b7c57ca6a38ea3b72b3929e20952853e0aa7881101d10 In 2025, addressing speculation about Perplexity’s finances, its CEO said the firm was not running out of money and had no plans to go public before 2028. In 2025, addressing speculation about Perplexity’s finances, its CEO said the firm was not running out of money and had no plans to go public before 2028. https://www.businesstimes.com.sg/companies-markets/keppel-enters-south-koreas-data-centre-market-60-mw-greenfield-project The Business Times en 2026-06-09T10:12:47+08:00 Keppel enters South Korea’s data centre market with 60 MW greenfield project https://cassette.sphdigital.com.sg/image/businesstimes/c6ceed1e3f7aafcf7a7b3fbfb0d42f9a0c8d7aa6fb8bd3f1a2d87bfbeb3ffb9d Keppel's private fund has secured land in Ansan, located within the Seoul Metropolitan Area (SMA), to develop a 60 megawatt (MW) greenfield data centre. Keppel's private fund has secured land in Ansan, within the Seoul Metropolitan Area, to develop the greenfield data centre. https://www.businesstimes.com.sg/international/asean/ev-maker-vinfasts-revenue-jumps-south-east-asian-demand-loss-widens The Business Times en 2026-06-09T10:05:05+08:00 EV maker VinFast’s revenue jumps on South-east Asian demand, but loss widens https://cassette.sphdigital.com.sg/image/businesstimes/6c4e23b4e591615d2092e6dedd9462a30bcaa09f101e4811373c13d7afb12afe In recent years, VinFast has shifted focus to South-east Asia and India, targeting high-population markets, though it did not provide a sales breakdown by geography. In recent years, VinFast has shifted focus to South-east Asia and India, targeting high-population markets, though it did not provide a sales breakdown by geography. https://www.businesstimes.com.sg/companies-markets/banking-finance/ubs-reduces-asia-esg-staff-half-global-restructuring The Business Times en 2026-06-09T09:34:20+08:00 UBS reduces Asia ESG staff by half in global restructuring https://cassette.sphdigital.com.sg/image/businesstimes/a8f28f2ce741e4f9c2082f16dba24dc90d79fa7b279cf0e77149c496186d404c UBS has been scaling back its environmental, social and governance functions following its integration of Credit Suisse. UBS has been scaling back its environmental, social and governance functions following its integration of Credit Suisse. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/spacex-ipo-well-oversubscribed-us10-billion-orders The Business Times en 2026-06-09T09:33:12+08:00 SpaceX IPO is well oversubscribed with US$10 billion orders https://cassette.sphdigital.com.sg/image/businesstimes/b4001cbb771009efd4fde679df95abc2e3e25bcd877cf840e2942927dd6cbac9 A SpaceX Super Heavy booster lifts off at Starbase in Texas on May 22. The company is allocating as much as 30% of the initial public offering to retail. A SpaceX Super Heavy booster lifts off at Starbase in Texas on May 22. The company is allocating as much as 30% of the initial public offering to retail. https://www.businesstimes.com.sg/international/now-you-see-it-now-you-dont-why-data-cant-capture-ai-revolution The Business Times en 2026-06-09T09:26:52+08:00 Now you see it, now you don’t: Why data can’t capture the AI revolution https://cassette.sphdigital.com.sg/image/businesstimes/b668e5011c66d23d75abcd0055a0ceacfc644b0fdc1760fed0fe1f031e3af26e Michael Spence says that when something revolutionary like AI arrives, people tend to overestimate its impact in the short run and underestimate it in the long run. Michael Spence says that when something revolutionary like AI arrives, people tend to overestimate its impact in the short run and underestimate it in the long run. https://www.businesstimes.com.sg/companies-markets/banking-finance/how-banks-are-using-spacex-woo-super-rich The Business Times en 2026-06-09T09:21:02+08:00 How banks are using SpaceX to woo the super rich https://cassette.sphdigital.com.sg/image/businesstimes/ac8e98097bf994a71c360b6e6dcf630f5a70a7cb2ea533a7be188e1c4711d976 Recently, Morgan Stanley hosted an event for its wealth management clients to hear from the SpaceX management team. Recently, Morgan Stanley hosted an event for its wealth management clients to hear from the SpaceX management team. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/us-says-byd-baidu-alibaba-and-other-tech-giants-are-aiding-chinas-military The Business Times en 2026-06-09T08:57:49+08:00 US says BYD, Baidu, Alibaba and other tech giants are aiding China’s military https://cassette.sphdigital.com.sg/image/businesstimes/37dca417213bd99662ad704e0247ee4995df7acfbf7a1ef02e1a1f08cad1cb2a Listed companies can petition for removal, Pentagon says. Listed companies can petition for removal, Pentagon says. https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-steadies-after-israel-and-iran-agree-end-missile-strikes The Business Times en 2026-06-09T08:27:34+08:00 Gold steadies after Israel and Iran agree to end missile strikes https://cassette.sphdigital.com.sg/image/businesstimes/d0c55e2988b5d1ccc382883ca9fda612b9775c106a1c5ccb595821e9ac1cc954 Bullion fell sharply in the early days of the Middle East conflict and remains about 18% below its immediate prewar level. Bullion fell sharply in the early days of the Middle East conflict and remains about 18% below its immediate prewar level. https://www.businesstimes.com.sg/companies-markets/stocks-watch-keppel-starhill-global-reit-ley-choon The Business Times en 2026-06-09T08:24:20+08:00 Stocks to watch: Keppel, Starhill Global Reit, Ley Choon https://cassette.sphdigital.com.sg/image/businesstimes/a6090419d0d9e66cbba5375099d61c4e69c3c61a88cee4d633fe859c69c4ef29 The Keppel Data Centre Fund III has secured land to develop a 60 megawatt greenfield data centre in Seoul, South Korea. The Keppel Data Centre Fund III has secured land to develop a 60 megawatt greenfield data centre in Seoul, South Korea. https://www.businesstimes.com.sg/esg/singapore-brings-back-19th-century-tech-beat-warming-climate The Business Times en 2026-06-09T08:06:31+08:00 Singapore brings back 19th-century tech to beat warming climate https://cassette.sphdigital.com.sg/image/businesstimes/24b2e262c2fc3dc0a4868a9fa306f19cc0b9edf467ad3eb1f06419d59dbe0862 district cooling pipes The old technology uses less electricity than centralised air conditioners is a major advantage for a resource-starved country. https://www.businesstimes.com.sg/startups-tech/technology/apple-investors-give-lukewarm-reaction-new-siri-ai-platform The Business Times en 2026-06-09T07:53:47+08:00 Apple investors give lukewarm reaction to new Siri, AI platform https://cassette.sphdigital.com.sg/image/businesstimes/7015e045167bd80848c2fcbdb8b2151c663453949d7bf0e80b4d73c1fb55c042 The Apple Worldwide Developers Conference at Apple Park campus in Cupertino, California, on Jun 8. The Apple Worldwide Developers Conference at Apple Park campus in Cupertino, California, on Jun 8. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/alphabet-taps-intel-make-three-million-house-chips-report The Business Times en 2026-06-09T07:31:45+08:00 Alphabet taps Intel to make three million in-house chips: report https://cassette.sphdigital.com.sg/image/businesstimes/b1feb1fcb63e09a9565fba2b7a37a0aa7ab85e222ed882b378bde1475c484933 Google has been pushing to make its in-house AI chips a viable alternative to Nvidia’s dominant GPUs. Google has been pushing to make its in-house AI chips a viable alternative to Nvidia’s dominant GPUs.