https://www.businesstimes.com.sg/companies-markets/banking-finance/lagarde-sees-no-need-more-forceful-ecb-response-war The Business Times en 2026-06-22T23:14:59+08:00 Lagarde sees no need for more forceful ECB response to war https://cassette.sphdigital.com.sg/image/businesstimes/075bc4e63fa4cd0a4d2935fc3e10f287871226f3c361adfaa4f0f7fcd0050aab “We see no evidence yet of de-anchoring of inflation expectations or second-round effects that would warrant a more forceful policy response at this stage,” Christine Lagarde. “We see no evidence yet of de-anchoring of inflation expectations or second-round effects that would warrant a more forceful policy response at this stage,” Christine Lagarde. https://www.businesstimes.com.sg/international/vance-says-us-iran-talks-lay-good-foundation-final-peace-deal The Business Times en 2026-06-22T22:52:41+08:00 Vance says US-Iran talks lay ‘good foundation’ for final peace deal https://cassette.sphdigital.com.sg/image/businesstimes/90ec7034322d43f7ab757103daeef21c9e82edd27a7d1bf3cea3616b4a4640b2 US Vice-President JD Vance speaks after the US and Iran held high-level talks at the Lake Lucerne Summit, Emmen, Switzerland, June 22, 2026. US Vice-President JD Vance speaks after the US and Iran held high-level talks at the Lake Lucerne Summit, Emmen, Switzerland, June 22, 2026. https://www.businesstimes.com.sg/international/sidelines-centre-stage-who-andy-burnham-frontrunner-be-uks-next-prime-minister The Business Times en 2026-06-22T22:03:55+08:00 Sidelines to centre stage: Who is Andy Burnham - frontrunner to be UK’s next prime minister? https://cassette.sphdigital.com.sg/image/businesstimes/8ecfaa888266cb4fd9dc22d4efed9a32e674f4141b65b9fc73ab9240be5bb7d1 Newly-elected Member of Parliament for Makerfield Andy Burnham arrives in Westminster, London, Britain, June 22, 2026. Newly-elected Member of Parliament for Makerfield Andy Burnham arrives in Westminster, London, Britain, June 22, 2026. https://www.businesstimes.com.sg/companies-markets/wall-st-subdued-open-investors-weigh-us-iran-negotiations The Business Times en 2026-06-22T21:51:12+08:00 Wall St subdued at open as investors weigh US-Iran negotiations https://cassette.sphdigital.com.sg/image/businesstimes/edcd8fdb6109c0e76abbccab27363affd0f0b334ed122840241abd58b47d0d33 The Dow Jones Industrial Average fell 9.5 points, or 0.02 per cent, at the open to 51,555.19. The Dow Jones Industrial Average fell 9.5 points, or 0.02 per cent, at the open to 51,555.19. https://www.businesstimes.com.sg/companies-markets/banking-finance/spacex-bankers-kick-marketing-debut-high-grade-bond-sale The Business Times en 2026-06-22T21:27:28+08:00 SpaceX bankers kick off marketing for debut high-grade bond sale https://cassette.sphdigital.com.sg/image/businesstimes/000cb5942c429e2998161698547961034a051417adb346f31481a1ac7939aba4 Proceeds will refinance a temporary bridge loan of roughly the same size, a facility that makes up the bulk of SpaceX’s US$29.1 billion of long-term debt. Proceeds will refinance a temporary bridge loan of roughly the same size, a facility that makes up the bulk of SpaceX’s US$29.1 billion of long-term debt. https://www.businesstimes.com.sg/international/amazon-prime-day-gauge-us-consumer-strain-focus-shifts-basics The Business Times en 2026-06-22T20:52:40+08:00 Amazon Prime Day to gauge US consumer strain as focus shifts to basics https://cassette.sphdigital.com.sg/image/businesstimes/76c67be6d759fe95d23ac2b139f60a35f89ee0019986be17061f7f0e9fe853f4 Amazon has highlighted deals on groceries, household goods, travel and school items. Amazon has highlighted deals on groceries, household goods, travel and school items. https://www.businesstimes.com.sg/international/asean/indonesia-unveils-26-34-trillion-rupiah-stimulus-offset-external-shocks-and-rupiah-slide The Business Times en 2026-06-22T20:42:42+08:00 Indonesia unveils 26.34 trillion rupiah stimulus to offset external shocks and rupiah slide https://cassette.sphdigital.com.sg/image/businesstimes/5a9df22b1f89a8ee14f525245e2aabb5bb7d0ad3d053e2c2fef7d38fb1e99730 ST20240327_202403978664 Kua Chee Siong/ saindo27/ Profile of Coordinating Minister for Economic Affairs of Indonesia, Airlangga Hartarto during the Indonesia- Singapore Business themed- Forum 2024 Beyond the Ballot: Shaping the Future of Business and Investment in Indonesia held at the Hilton Orchard Hotel on March 27, 2024. Airlangga Hartarto, Indonesia's coordinating economic minister, said the measures aimed to ease supply disruptions in the petrochemical chain, among other things. https://www.businesstimes.com.sg/esg/chinas-push-green-power-use-ai-projects-faces-hurdles-experts The Business Times en 2026-06-22T20:32:59+08:00 China’s push for green power use in AI projects faces hurdles: experts https://cassette.sphdigital.com.sg/image/businesstimes/fa73b23aaacc30e476abf1e6a62e72b97f6e643bc910d35e852cb464dc751bd3 Power demand from China’s data centres is projected to rise by 300 billion to 500 billion kilowatt-hours between 2026 and 2030. A display hall of a data centre cluster in China. Power demand from China’s data centres is projected to rise to 500 billion kilowatt-hours between 2026 and 2030. https://www.businesstimes.com.sg/companies-markets/singapore-shares-rise-after-further-us-iran-peace-talks-sti-closes-0-2-higher The Business Times en 2026-06-22T20:21:34+08:00 Singapore shares rise after further US-Iran peace talks; STI closes 0.2% higher https://cassette.sphdigital.com.sg/image/businesstimes/f80d777cd140e0693f6ee3f7305f299f93706bde0fca256a228bcab1b4539304 The worst performer among STI constituents was Jardine Matheson, declining 4% to end at US$62.20. The worst performer among STI constituents was Jardine Matheson, declining 4% to end at US$62.20. https://www.businesstimes.com.sg/international/philippines-cuts-2026-growth-forecast-citing-graft-scandal-and-energy-crisis The Business Times en 2026-06-22T20:20:40+08:00 Philippines cuts 2026 growth forecast, citing graft scandal and energy crisis  https://cassette.sphdigital.com.sg/image/businesstimes/190f1e4546e08e568c82a8dab5f4b7d0c766874f0d8e8d6535985b319332db6e Philippines' central bank raised rates for a second straight meeting on Jun 18. Philippines' central bank raised rates for a second straight meeting on Jun 18. https://www.businesstimes.com.sg/companies-markets/energy-commodities/chinas-gold-imports-surge-most-more-two-years The Business Times en 2026-06-22T19:52:03+08:00 China’s gold imports surge to most in more than two years https://cassette.sphdigital.com.sg/image/businesstimes/10294d464b8eb3e036453e500c5b8be558c4d0d1381c351e1203dd8d9f0997a4 Gold prices have retreated by about a quarter from the record highs reached in January. Gold prices have retreated by about a quarter from the record highs reached in January. https://www.businesstimes.com.sg/companies-markets/banking-finance/alan-greenspan-economist-and-long-time-head-us-fed-dies-100 The Business Times en 2026-06-22T19:37:14+08:00 Alan Greenspan, economist and long-time head of the US Fed, dies at 100 https://cassette.sphdigital.com.sg/image/businesstimes/85582ebb2ce29ede2a6ae15f4d268264b235d64307c58c6b9d7adb4b857069f6 Former Fed Chairman Alan Greenspan speaks during the SIFMA annual meeting in New York, United States, Oct 23, 2012. Former Fed Chairman Alan Greenspan speaks during the SIFMA annual meeting in New York, United States, Oct 23, 2012. https://www.businesstimes.com.sg/opinion-features/zombie-unicorns-are-haunting-silicon-valley The Business Times en 2026-06-22T19:29:27+08:00 Zombie unicorns are haunting Silicon Valley https://cassette.sphdigital.com.sg/image/businesstimes/6af2042575bbad45b6ee13451918dc13ab2b657bbb3fdaedbe6852850d4b6031 More broadly, the fundraising downturn has punctured unicorns’ ability to raise more money at their old valuations. More broadly, the fundraising downturn has punctured the ability of Silicon Valley's unicorns to raise more money at their old valuations. https://www.businesstimes.com.sg/international/uks-streeting-backs-andy-burnham-replace-starmer-pm The Business Times en 2026-06-22T19:00:44+08:00 UK’s Streeting backs Andy Burnham to replace Starmer as PM https://cassette.sphdigital.com.sg/image/businesstimes/057da8231aa4341f5b84ebe2a1a154f4ef4df7a4c80e8f915eaa3c309608056a Newly-elected Makerfield MP and former Greater Manchester Mayor Andy Burnham leaves for London, in Manchester, Britain, June 22, 2026. Newly-elected Makerfield MP and former Greater Manchester Mayor Andy Burnham leaves for London, in Manchester, Britain, June 22, 2026. https://www.businesstimes.com.sg/companies-markets/geo-energy-doesnt-expect-material-impact-jakartas-plans-centralise-commodity-exports The Business Times en 2026-06-22T18:55:15+08:00 Geo Energy doesn’t expect material impact from Jakarta’s plans to centralise commodity exports https://cassette.sphdigital.com.sg/image/businesstimes/ca69447dbe2e0112cb00cb3b3edcee108a7d5feee4e868855cb5dfc476347a44 Geo Energy does not expect regulatory changes in Indonesia to materially impact its mining operations and export activities. Geo Energy (which has a coal mine in Kalimantan, above) reports significant progress on an integrated infrastructure project in South Sumatra. https://www.businesstimes.com.sg/companies-markets/singapore-airlines-plans-debut-5-year-dim-sum-bond The Business Times en 2026-06-22T18:43:01+08:00 Singapore Airlines plans debut 5-year dim sum bond https://cassette.sphdigital.com.sg/image/businesstimes/13b2517918221d6120ff0384bd32aeaa037b238ac7caa597d63474aedb6d9d55 The airline said it tapped Bank of China, DBS, HSBC and Standard Chartered for the potential bond sale. The airline said it tapped Bank of China, DBS, HSBC and Standard Chartered for the potential bond sale. https://www.businesstimes.com.sg/international/daily-debrief-what-happened-today-jun-221 The Business Times en 2026-06-22T18:30:28+08:00 Daily Debrief: What Happened Today (Jun 22) https://cassette.sphdigital.com.sg/image/businesstimes/f90f45ca613c2b2a3bf1c9e9bd89eb3f9bc603aea4caea4ade0b756e5677f7f3 Altitude Xperience argued that the rooftop space in contention was not considered an unused space. Altitude Xperience argued that the rooftop space in contention was not considered an unused space. https://www.businesstimes.com.sg/companies-markets/energy-commodities/apex-court-dismisses-almost-all-appeals-envys-ex-employees-over-s38-million-clawbacks The Business Times en 2026-06-22T18:27:18+08:00 Apex court dismisses almost all of the appeals by Envy’s ex-employees over S$38 million of clawbacks https://cassette.sphdigital.com.sg/image/businesstimes/1b8b38ab6903509bf8a90791264abbc0c2b52a030f897cdbd033ee1cd4e8a492 CMG20250330-ThongKH02唐家鸿/Archival shot - tag: high court, supreme court, UFO, skyline, CBD, justice, crime, lawyer, judge, crime, trial, conviction, acquittal, police, law  The former employees were sued by Envy’s liquidators to claw back payments including commissions, profit-sharing bonuses and referral fees made to them. https://www.businesstimes.com.sg/international/europes-heat-wave-intensifies-france-red-alert The Business Times en 2026-06-22T18:27:10+08:00 Europe’s heat wave intensifies with France on red alert https://cassette.sphdigital.com.sg/image/businesstimes/36eeb09ec06707500af55755f2f1b2190a29a8872374d6c1d2b066ac8f14ca29 A worker stands in the shade near a construction site in Paris as temperatures rise during a heatwave affecting a large part of France. A worker stands in the shade near a construction site in Paris as temperatures rise during a heatwave affecting a large part of France. https://www.businesstimes.com.sg/international/global/decade-chaos-britain-prepares-seventh-prime-minister The Business Times en 2026-06-22T18:01:29+08:00 A decade of chaos: Britain prepares for seventh prime minister https://cassette.sphdigital.com.sg/image/businesstimes/ff1ab6b756f5b3fd9cb148a809b94ce9a418f4c2ca89fdee64a2b1433010f99b (From left) British PM Keir Starmer and his wife Victoria, return to 10 Downing Street, after making a statement outside in London, Britain, June 22, 2026. (From left) British PM Keir Starmer and his wife Victoria, return to 10 Downing Street, after making a statement outside in London, Britain, June 22, 2026. https://www.businesstimes.com.sg/companies-markets/reits-property/shaw-towers-realty-hits-snag-bid-lower-proposed-tax-valuation-shaw-tower The Business Times en 2026-06-22T18:00:40+08:00 Shaw Towers Realty hits snag in bid to lower proposed tax valuation for Shaw Tower https://cassette.sphdigital.com.sg/image/businesstimes/e3b15e8fb4ea3b08f6cb4a04b8c8171f4f8991a571bb82e2fa215129e8d9546a Shaw Tower at 100 Beach Road, taken on 29 Nov 2018. The property in question has been demolished. https://www.businesstimes.com.sg/companies-markets/banking-finance/britains-pound-gilt-prices-hold-lower-after-starmer-steps-down The Business Times en 2026-06-22T17:11:55+08:00 Britain’s pound, gilt prices hold lower after Starmer steps down  https://cassette.sphdigital.com.sg/image/businesstimes/3468a7992de92dd580cba0c5a0e0698bb9141c182a0fdd3649fd44e1bec4d6da Sterling was last down 0.27 per cent at US$1.3202, showing little change on levels traded earlier. Sterling was last down 0.27 per cent at US$1.3202, showing little change on levels traded earlier. https://www.businesstimes.com.sg/international/global/uk-pm-starmer-resigns-new-leader-be-place-september The Business Times en 2026-06-22T16:46:56+08:00 UK PM Starmer resigns; new leader to be in place by September https://cassette.sphdigital.com.sg/image/businesstimes/51b33c7912b92afbc67ba2bc33e008d290951445822c56ad0fc6aff7fab1186d British PM Keir Starmer says he would support whoever replaces him. British PM Keir Starmer says he would support whoever replaces him. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/nikkei-closes-past-new-benchmark-72000-points The Business Times en 2026-06-22T16:44:43+08:00 Nikkei closes past new benchmark of 72,000 points https://cassette.sphdigital.com.sg/image/businesstimes/071074282e35eaf8cb7189e895fe569e4e489eba071dacfc5ff2ffbdabfb7e72 The Nikkei 225 advanced 1.55 per cent to close at 72,353.96 on Monday. The Nikkei 225 advanced 1.55 per cent to close at 72,353.96 on Monday. https://www.businesstimes.com.sg/international/global/airline-ticket-prices-may-stay-high-global-carriers-bank-fuel-relief-iran-deal The Business Times en 2026-06-22T16:42:33+08:00 Airline ticket prices may stay high as global carriers bank fuel relief from Iran deal https://cassette.sphdigital.com.sg/image/businesstimes/e38e01555ea53fdc2fa077ee7e7c6e57c8b185787d539ede251272c8e0122e0b US carriers will recover only about 60 cents of every additional dollar spent on fuel, estimates Deutsche Bank. US carriers will recover only about 60 cents of every additional dollar spent on fuel, estimates Deutsche Bank. https://www.businesstimes.com.sg/startups-tech/technology/tapping-tech-and-ai-key-bringing-down-costs-fullerton-health-ceo The Business Times en 2026-06-22T16:31:20+08:00 Tapping tech and AI key to bringing down costs: Fullerton Health CEO https://cassette.sphdigital.com.sg/image/businesstimes/bb32b9151286ae8199d013c7bf157803cf998baba11d373f80b015e31d5b4c97 Data and AI are more than tools for Fullerton Health, and will be the engine driving the healthcare platform, said Ho Kuen Loon, CEO, Fullerton Health. Ho Kuen Loon of Fullerton Health says: “To us, data and AI are not tools, but engines that enable us to make the whole healthcare system more efficient." https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/danone-tap-protein-demand-asia-buying-australias-made The Business Times en 2026-06-22T16:23:06+08:00 Danone to tap protein demand in Asia by buying Australia’s Made https://cassette.sphdigital.com.sg/image/businesstimes/bed85bf59458990d75889f02368ba093da1eaedda2437f40114424933e6a2840 The deal is the latest acquisition for Danone, which is looking to tap a surge in interest in healthier eating. The deal is the latest acquisition for Danone, which is looking to tap a surge in interest in healthier eating. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-muted-investors-weigh-us-iran-talks The Business Times en 2026-06-22T16:08:18+08:00 European shares muted as investors weigh US-Iran talks https://cassette.sphdigital.com.sg/image/businesstimes/d82e0c3caf8baa2c817b9560d50165e38c160a12ed7118439558d7b3e89dc50d The Stoxx 600 index edged 0.05 per cent higher to 635.92 points by 0711 GMT on Monday. The Stoxx 600 index edged 0.05 per cent higher to 635.92 points by 0711 GMT on Monday. https://www.businesstimes.com.sg/international/asean/airasia-x-boosts-flights-lowers-fares-fuel-price-drops The Business Times en 2026-06-22T16:05:37+08:00 AirAsia X boosts flights, lowers fares as fuel price drops https://cassette.sphdigital.com.sg/image/businesstimes/2671010c080f474be81125083bc09654c3c25e12aece455e8c696332a8de1a53 Airasia X warned that rising airport charges could become an increasing burden on carriers and potentially undermine tourism growth across South-east Asia region. AirAsia X warns that rising airport charges may undermine tourism growth across South-east Asia. https://www.businesstimes.com.sg/lifestyle/halogen-pilots-accelerator-programme-help-youths-scale-social-impact-projects The Business Times en 2026-06-22T16:00:40+08:00 Halogen pilots Accelerator programme to help youths scale social impact projects https://cassette.sphdigital.com.sg/image/businesstimes/6384d6dfb38aa3c8a75b45043969ef6df06428b64f2f1fdc8497571ed67806c9 The Summit had 185 attendees, including guests from partner, funding and community stakeholder groups. There were 185 attendees at The Accelerator Summit 2026, including guests from partner, funding and community stakeholder groups. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/australian-shares-end-flat-wisetech-slump-offsets-gains-banks-gold The Business Times en 2026-06-22T15:45:12+08:00 Australian shares end flat as WiseTech slump offsets gains in banks, gold https://cassette.sphdigital.com.sg/image/businesstimes/f38c12ac02b2d86b5867ea99746f15d66fd78439783c5714131ea75a9b2cd375 The S&P/ASX 200 index ended 0.1 per cent lower at 8,816.10 points on Monday. The S&P/ASX 200 index ended 0.1 per cent lower at 8,816.10 points on Monday. https://www.businesstimes.com.sg/lifestyle/hyper-goo-glitchy-gloppy-look-now The Business Times en 2026-06-22T15:43:35+08:00 ‘Hyper goo’: The glitchy, gloppy look of now https://www.businesstimes.com.sg/lifestyle/how-warm-world-cup-welcome-endearing-us-football-fans The Business Times en 2026-06-22T15:43:25+08:00 How a warm World Cup welcome is endearing the US to football fans https://cassette.sphdigital.com.sg/image/businesstimes/d8f3e4d17ac34669b9f034054402ece6046b1654563d73f19c40d2db4770bf80 With the 2026 Fifa World Cup under way, social media has been flooded with posts from fans visiting the US for the first time and discovering something positive. With the World Cup under way, social media has been flooded with posts from fans visiting the US for the first time and discovering something positive. https://www.businesstimes.com.sg/international/nomura-raises-ceo-pay-us10-million-after-profit-hits-record The Business Times en 2026-06-22T15:40:08+08:00 Nomura raises CEO pay to US$10 million after profit hits a record https://cassette.sphdigital.com.sg/image/businesstimes/6667f45108b2d6e6aed9a1383ed0af304b6111551bb6d2cf73d2d5661e9594ed Under Okuda’s leadership, Japan’s biggest brokerage generated a second straight year of record net income. Under Okuda’s leadership, Japan’s biggest brokerage generated a second straight year of record net income. https://www.businesstimes.com.sg/international/global/global-banks-drive-india-asset-backed-securities-sales-record The Business Times en 2026-06-22T15:38:38+08:00 Global banks drive India asset-backed securities sales to record https://cassette.sphdigital.com.sg/image/businesstimes/a9f4d86f4ee5d8f4453e686d7b1ec097fb30328288c04bb3a0d76576e24f931d Despite rapid growth, India’s market remains smaller than China’s total issuance of 2.28 trillion yuan in 2025. Despite rapid growth, India’s market remains smaller than China’s total issuance of 2.28 trillion yuan in 2025. https://www.businesstimes.com.sg/property/south-koreas-policy-chief-flags-property-risks-chip-windfall The Business Times en 2026-06-22T15:27:14+08:00 South Korea’s policy chief flags property risks from chip windfall https://cassette.sphdigital.com.sg/image/businesstimes/1d2841a64ff81805b2eed95debdaa97cab56d0aafcb33fb3316cc88a1a73b192 The president has argued on social media that rising apartment prices reflect distorted incentives rather than genuine housing demand. Apartment prices in Seoul have risen for 72 consecutive weeks as of mid-June, defying a series of government measures aimed at cooling the market. https://www.businesstimes.com.sg/international/thailand-raise-its-annual-economic-growth-potential-3-2030-finance-minister-says The Business Times en 2026-06-22T15:20:35+08:00 Thailand to raise its annual economic growth potential to 3% by 2030, finance minister says https://cassette.sphdigital.com.sg/image/businesstimes/a655dce1b7613748dc07058cd87fcd47ee8966ce94fc510f080dd471b0d227b5 The Thailand government will also develop human capital from strategic research and development and make it easier to do business The Thailand government will also develop human capital from strategic research and development and make it easier to do business https://www.businesstimes.com.sg/companies-markets/simba-ordered-pay-s700000-damages-indoor-skydiving-operator-altitude-xperience-trespass The Business Times en 2026-06-22T14:57:33+08:00 Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass https://cassette.sphdigital.com.sg/image/businesstimes/774a877bedc957a8f04ded2e713783bde0c5df268ddfdc44150eccf41655253f Altitude Xperience Altitude Xperience argued that the rooftop space in contention was not considered an unused space. https://www.businesstimes.com.sg/property/red-sea-global-aims-bring-troubled-saudi-luxury-island-back-life The Business Times en 2026-06-22T14:52:33+08:00 Red Sea Global aims to bring troubled Saudi luxury island ‘back to life’ https://cassette.sphdigital.com.sg/image/businesstimes/8aea8f519ad1bf44f7dd5ed5340fdeed9a9efe3ea229a24a5c6c83a17887b47f “It hasn’t officially been handed over but it will, and when it does we will then assume responsibility for it,” John Pagano Red Sea Global CEO John Pagano said. The decision to hand Sindalah to John Pagano (above) reflects his standing as one of the more proven executives in the kingdom’s sprawling sovereign wealth fund ecosystem. https://www.businesstimes.com.sg/lifestyle/toy-story-5-scores-hollywoods-best-opening-weekend-2026 The Business Times en 2026-06-22T14:51:06+08:00 ‘Toy Story 5’ scores Hollywood’s best opening weekend of 2026 https://cassette.sphdigital.com.sg/image/businesstimes/5545a56f3bb2736a68b708cd29e477d4e85e0e72d2f7727886ea3a4cda5f2384 Tom Hanks and Woody, the character he voices in "Toy Story 5", at the film's UK launch event in London. It is one of the most highly anticipated pictures on the movie calendar this summer. Tom Hanks and Woody, the character he voices in "Toy Story 5", at the film's UK launch event in London. It is one of the most highly anticipated pictures on the movie calendar this summer. https://www.businesstimes.com.sg/companies-markets/one-year-countdown-existing-sfos-evaluate-how-they-can-align-revised-mas-framework The Business Times en 2026-06-22T14:33:10+08:00 One-year countdown: Existing SFOs evaluate how they can align with revised MAS framework https://cassette.sphdigital.com.sg/image/businesstimes/353b2764704ec6cc810711da8baaf1979938a7348c70001812f1ef0d9e27b76b The new structure relies on three core requirements: notifying MAS, maintaining a relationship with a regulated bank and filing an annual return. The new structure relies on three core requirements: notifying MAS, maintaining a relationship with a regulated bank and filing an annual return. https://www.businesstimes.com.sg/international/chinese-ai-stocks-rally-demand-optimism-and-policy-support The Business Times en 2026-06-22T14:25:24+08:00 Chinese AI stocks rally on demand optimism and policy support https://cassette.sphdigital.com.sg/image/businesstimes/6ee6e033f497ad33c69b880a98ea156d2ecd0901e68e234cde23660f719d7569 China's securities regulator has pledged to ease listing requirements and encourage dual listings for AI firms. China's securities regulator has pledged to ease listing requirements and encourage dual listings for AI firms. https://www.businesstimes.com.sg/international/global/trump-rebuilds-us-tariff-wall-new-claims-trade-unfairness The Business Times en 2026-06-22T14:02:43+08:00 Trump rebuilds US tariff wall with new claims of trade unfairness https://cassette.sphdigital.com.sg/image/businesstimes/70b395b9e4e18e223a8d3bc3060aafe38a4629a2c6d29df480b58b8b6d146595 Businesses, struggling to navigate Trump’s volatile trade war, were still digesting the latest threat of levies. Several countries that engage in less than US$10 billion of US trade are set to benefit from the new tariff wall. https://www.businesstimes.com.sg/international/not-education-employment-or-training-why-more-hong-kong-youths-are-opting-out-work The Business Times en 2026-06-22T14:00:00+08:00 Not in education, employment or training: Why more Hong Kong youths are opting out of work https://cassette.sphdigital.com.sg/image/businesstimes/b110f4c66bf58ff62fb40521c551d8897c5e3333fa6e04bc5e1b3db0246294f0 FILE PHOTO: Tourists relax by the Victoria Harbour waterfront, with the iconic skyline providing a scenic backdrop, in Hong Kong, China, July 10, 2023. REUTERS/Tyrone Siu/File Photo Hong Kong youth no longer see a stable job and a lifetime of work as the only life goal – instead, they place greater emphasis on freedom and quality of life. https://www.businesstimes.com.sg/companies-markets/comfortdelgro-begins-free-autonomous-shuttle-rides-punggol The Business Times en 2026-06-22T14:00:00+08:00 ComfortDelGro begins free autonomous shuttle rides in Punggol  https://cassette.sphdigital.com.sg/image/businesstimes/50f6e87b6aeb52b2628d2478025511acfadd06ba84e085c939c02a62c34cdee7 ComfortDelGro's autonomous shuttles have been available on an invite-only basis since April. ComfortDelGro's autonomous shuttles have been available on an invite-only basis since April. https://www.businesstimes.com.sg/companies-markets/energy-commodities/more-50-injured-and-18-missing-after-explosion-qatars-ras-laffan-lng-site-authorities-say The Business Times en 2026-06-22T13:50:21+08:00 More than 50 injured and 18 missing after explosion at Qatar’s Ras Laffan LNG site, authorities say https://cassette.sphdigital.com.sg/image/businesstimes/6ba9b4f9e9fb3d11a2f0056370a04e0605148e0c6312f8ce78e57d7a93614c1a Qatar's Ras Laffan Industrial City, as seen on Mar 2. QatarEnergy did not indicate whether the Jun 21 explosion had caused any damage to the plant. Qatar's Ras Laffan Industrial City, as seen on Mar 2. QatarEnergy did not indicate whether the Jun 21 explosion had caused any damage to the plant. https://www.businesstimes.com.sg/international/asean/hanoi-breaks-ground-five-metro-lines-worth-1315-trillion-dong-targeted-2030 The Business Times en 2026-06-22T13:22:54+08:00 Hanoi breaks ground on five metro lines worth 1,315 trillion dong, targeted for 2030 https://cassette.sphdigital.com.sg/image/businesstimes/9f19bd8716ea321d934b7203bcb1e7a617bf0f8b838630c884432a8bbedd5719 Hanoi currently has two metro services in operation: the Cat Linh-Ha Dong line and the elevated section of the Nhon-Hanoi Station line. Hanoi currently has two metro services in operation: the Cat Linh-Ha Dong line and the elevated section of the Nhon-Hanoi Station line. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/sk-hynix-overtakes-samsung-become-south-koreas-most-valuable-company The Business Times en 2026-06-22T12:49:47+08:00 SK Hynix overtakes Samsung to become South Korea’s most valuable company https://cassette.sphdigital.com.sg/image/businesstimes/c15607edb40da8c383bfb5edfee6337394ac68814123d294212cb81492fdf195 In May, SK Hynix topped US$1 trillion ​in market value for the first time. Shares of SK Hynix, now the world’s most valuable memory chipmaker, closed up 5.6%, lifting its market capitalisation to 2,080.4 trillion won. https://www.businesstimes.com.sg/companies-markets/transport-logistics/boeing-names-travis-sullivan-new-south-east-asia-president The Business Times en 2026-06-22T12:49:19+08:00 Boeing names Travis Sullivan as new South-east Asia president https://cassette.sphdigital.com.sg/image/businesstimes/9cd3660a1ad8338c9b46937277b3b40418e04e17d3748f6f15258e98d2acd5c6 Sullivan previously led Boeing’s strategy organisation and before that led strategy and business development teams at Boeing Defense, Space & Security and Boeing Commercial Airplanes. Sullivan will relocate to Singapore from Miami to oversee Boeing’s strategy and operations in the region. https://www.businesstimes.com.sg/companies-markets/energy-commodities/hong-kong-pulling-large-gold-bars-ahead-clearing-launch The Business Times en 2026-06-22T12:46:52+08:00 Hong Kong is pulling in large gold bars ahead of clearing launch https://cassette.sphdigital.com.sg/image/businesstimes/b45d8d82017c55d568868c6c91a982ed6bd50b8d366346d2cba0e963c9baac4f The 400-ounce bars are typically traded by banks and sovereign entities in London but are less common in the Asian market, which is dominated by much smaller kilobars. By launching its gold clearing system, Hong Kong could secure first-mover advantage in a push to become Asia’s preeminent hub for bullion trading. https://www.businesstimes.com.sg/companies-markets/energy-commodities/vietnams-masan-high-tech-materials-says-mine-expansion-could-supply-115-million-tonnes-additional The Business Times en 2026-06-22T12:22:46+08:00 Vietnam’s Masan High-Tech Materials says mine expansion could supply 115 million tonnes of additional tungsten ore https://cassette.sphdigital.com.sg/image/businesstimes/799a126b6f82ddab810383c6ddd19e7fc75f7593d9221173f9a17e2b903e2037 The potential resources include about 55.19 million tonnes at the Nui Phao Expansion area and about 60 million tonnes at Nui Chiem. The potential resources include about 55.19 million tonnes at the Nui Phao Expansion area and about 60 million tonnes at Nui Chiem. https://www.businesstimes.com.sg/opinion-features/meet-rental-demand-letting-developers-keep-ownership-some-condo-units-without-hefty-penalties The Business Times en 2026-06-22T12:15:59+08:00 Meet rental demand by letting developers keep ownership of some condo units without hefty penalties https://cassette.sphdigital.com.sg/image/businesstimes/a970c6b27f9cfe7e844100b96d17aba9ba86e80c869781f5d03fe24d5d3d1b47 With private homes largely bought for owner-occupation, might there be a future shortage of homes available for lease? With private homes largely bought for owner-occupation, might a future shortage of rental homes loom? https://www.businesstimes.com.sg/international/global/fragmented-supply-chains-loom-trade-tensions-grow-warns-chinese-vice-premier The Business Times en 2026-06-22T11:47:08+08:00 Fragmented supply chains loom as trade tensions grow, warns Chinese vice-premier https://cassette.sphdigital.com.sg/image/businesstimes/a07f435780323325a0c998a10b31ffb6aaac95ac50b782b40b0c721806df640c “Unilateralism and protectionism are on the rise, the risk of global supply chain fragmentation is growing,” Chinese Vice-Premier Ding Xuexiang said. “Unilateralism and protectionism are on the rise, the risk of global supply chain fragmentation is growing,” Chinese Vice-Premier Ding Xuexiang said. https://www.businesstimes.com.sg/international/global/global-business-leaders-back-faster-electrification-shift-cut-fossil-fuel-costs-and-boost-energy The Business Times en 2026-06-22T11:23:58+08:00 Global business leaders back faster electrification shift to cut fossil fuel costs and boost energy security https://cassette.sphdigital.com.sg/image/businesstimes/a7fe50c7646c39ee44ff3011ea0e33e1dd50c2da89a79575af49d77f7e492c1d The call aligns with COP31 host Turkey’s push for a global target of electricity supplying 35% of the world’s energy demand by 2035. The call aligns with COP31 host Turkey’s push for a global target of electricity supplying 35% of the world’s energy demand by 2035. https://www.businesstimes.com.sg/companies-markets/banking-finance/china-keeps-benchmark-lending-rates-unchanged-13th-month-june The Business Times en 2026-06-22T11:07:59+08:00 China keeps benchmark lending rates unchanged for 13th month in June https://cassette.sphdigital.com.sg/image/businesstimes/5cdfbe609ac1dde1332976b4f6c4d6095ddbc9b6ac0b30a2e38d881faf82d000 The swap line is a key tool for supplying yuan to the global financial system. The one-year loan prime rate (LPR) was kept at 3%, while the five-year LPR was unchanged at 3.5%. https://www.businesstimes.com.sg/companies-markets/energy-commodities/china-targets-us-rare-earth-and-other-firms-export-controls The Business Times en 2026-06-22T11:06:17+08:00 China targets US rare earth and other firms with export controls https://cassette.sphdigital.com.sg/image/businesstimes/1018f9e225ca420761cf1b5499df952b929e984f521a738412b0e19f4b4707ae The move amounts to a full ban on dual-use exports to the named firms, tightening rules that previously only required export licences. The move amounts to a full ban on dual-use exports to the named firms, tightening rules that previously only required export licences. https://www.businesstimes.com.sg/international/asean/scaling-berli-juckers-retail-empire-daughter-thai-beer-billionaire-seeks-growth-outside-home The Business Times en 2026-06-22T11:00:00+08:00 Scaling Berli Jucker’s retail empire – daughter of Thai beer billionaire seeks growth outside home country https://cassette.sphdigital.com.sg/image/businesstimes/751eeeecb30e05d935106e9660078fe52067469b3e88a169e93b4214bc231b48 Thapanee Techajareonvikul, CEO and president of Berli Jucker, sees Vietnam as an important growth enginee for BJC, which has traditionally been heavily invested in Thailand. Thapanee Techajareonvikul, CEO and president of Berli Jucker, sees Vietnam as an important growth enginee for BJC, which has traditionally been heavily invested in Thailand. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/stocks-rally-asia-iran-cites-progress-talks The Business Times en 2026-06-22T10:41:19+08:00 Stocks rally in Asia as Iran cites progress in talks https://cassette.sphdigital.com.sg/image/businesstimes/50abbdb40616a51da8bab1eb2e47b6b836ccf1a87fe73bdc5556dd306e0b1aeb MSCI’s broadest index of Asia-Pacific shares outside Japan gained 1%, while Chinese blue chips were flat. MSCI’s broadest index of Asia-Pacific shares outside Japan gained 1%, while Chinese blue chips were flat. https://www.businesstimes.com.sg/international/asean/malaysia-cut-price-diesel-nationwide-july-curb-smuggling-and-revenue-losses The Business Times en 2026-06-22T10:19:48+08:00 Malaysia to cut price of diesel nationwide from July to curb smuggling and revenue losses https://cassette.sphdigital.com.sg/image/businesstimes/652c4ce7cbb661b8565a633396279a5cb2d79f5e701baa5c65d546afa7b10c14 The price gap had created room for revenue leakage and the smuggling of subsidised diesel, including across borders. The price gap had created room for revenue leakage and the smuggling of subsidised diesel, including across borders. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/japans-nikkei-rises-past-72000-mark-first-time-ai-euphoria-persists The Business Times en 2026-06-22T10:12:43+08:00 Japan’s Nikkei rises past 72,000 mark for first time as AI euphoria persists https://cassette.sphdigital.com.sg/image/businesstimes/734afdc1fe7860267e660e50ff44e1a3afc5c2968e9f1084e67729c930f2e191 The largest losers were Taiyo Yuden, down 3.37%, followed by Tokyo Electric Power, 3.05% lower, and Obayashi, which lost 2.99%. The largest losers were Taiyo Yuden, down 3.37%, followed by Tokyo Electric Power, 3.05% lower, and Obayashi, which lost 2.99%. https://www.businesstimes.com.sg/singapore/economy-policy/disengaged-workers-cost-singapore-economy-some-us73-6-billion-lost-productivity-report The Business Times en 2026-06-22T10:00:00+08:00 Disengaged workers cost the Singapore economy some US$73.6 billion in lost productivity: report https://cassette.sphdigital.com.sg/image/businesstimes/99705c02ede8bd2d28614739d33fe4d2d7f3e40be98085b15cba542db239667d Singapore office worker Gallup’s research suggests managers have a substantial influence on workforce engagement. https://www.businesstimes.com.sg/international/south-koreas-early-exports-jump-again-ai-boom-fuels-chip-demand The Business Times en 2026-06-22T09:48:40+08:00 South Korea’s early exports jump again as AI boom fuels chip demand https://cassette.sphdigital.com.sg/image/businesstimes/79013050cd7461c3b4293bbdfb1d25574c804c6db22855e107a70c94258e1c2e The Bank of Korea has turned more hawkish in recent months, citing inflation risks stemming from higher oil prices, a weaker won and resilient economic activity. The Bank of Korea has turned more hawkish in recent months, citing inflation risks stemming from higher oil prices, a weaker won and resilient economic activity. https://www.businesstimes.com.sg/international/hong-kong-seeks-more-investment-quotas-ipo-access-chinese-mainland-investors The Business Times en 2026-06-22T09:31:56+08:00 Hong Kong seeks more investment quotas, IPO access for Chinese mainland investors https://cassette.sphdigital.com.sg/image/businesstimes/7874d0d4a382070f44e07c595dce378bfbdf611716d0cc4267b97d3ca80c5361 Paul Chan, Hong Kong's financial secretary, during the Bloomberg Invest summit in Hong Kong, China, on Wednesday, June 10, 2026. Growth in the first quarter hit the fastest pace in almost five years and topped estimates, despite a global energy crisis unleashed by the war in Iran, demonstrating Hong Kong’s traditional strength as a transshipment hub and finance center, which are both lifted by the global AI buildout. Photographer: Lam Yik/Bloomberg Hong Kong Financial Secretary Paul Chan said that legitimate investments will still be “encouraged”. https://www.businesstimes.com.sg/international/global/us-iran-conclude-high-level-talks-switzerland-mediators-say-amid-tensions-over-trumps-threats The Business Times en 2026-06-22T09:10:39+08:00 US, Iran conclude high-level talks in Switzerland, mediators say, amid tensions over Trump’s threats https://cassette.sphdigital.com.sg/image/businesstimes/630b7b955d8bb9c46c6d5b656de1f4698893233aff5776a8d0e577a2c580bbc5 (From left) US Vice-President JD Vance, Pakistan's Prime Minister Shehbaz Sharif and Qatar's Prime Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani at the start of US-Iran talks in Switzerland. (From left) US Vice-President JD Vance, Pakistan's Prime Minister Shehbaz Sharif and Qatar's Prime Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani at the start of US-Iran talks in Switzerland. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/singapore-dollar-set-gain-despite-hawkish-us-fed-analysts The Business Times en 2026-06-22T09:02:18+08:00 Singapore dollar set to gain despite hawkish US Fed: analysts https://cassette.sphdigital.com.sg/image/businesstimes/68f9dabef7d264cdfed84b3d701fba06d0ff038489223ed612dfeb39481bfc23 singapore dollar notes Unlike many of its global peers, the MAS uses the exchange rate rather than interest rates as its primary monetary policy tool. https://www.businesstimes.com.sg/companies-markets/china-ai-rally-broadens-funds-move-past-overvalued-first-tier-winners-indirect-beneficiaries The Business Times en 2026-06-22T09:00:00+08:00 China AI rally broadens as funds move past overvalued first-tier winners to indirect beneficiaries https://cassette.sphdigital.com.sg/image/businesstimes/1a78769c24bacb23857234335f1225bd0394a51c5fe0b56e9ab62629fe00d186 Estimates from the China Academy of Information and Communications Technology and Frost & Sullivan show China’s AI market growing from US$23 billion in 2024 to US$31 billion in 2025. Estimates show China’s AI market growing from US$23 billion in 2024 to US$31 billion in 2025. https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-rebounds-one-week-low-iran-cites-progress-peace-talks The Business Times en 2026-06-22T08:38:44+08:00 Gold rebounds from one-week low as Iran cites progress in peace talks https://cassette.sphdigital.com.sg/image/businesstimes/01650614682d6c6880142f6ffcaf5f5ac6ce00ff33b2045ab0d6c1ba943b348a Gold has fallen for three consecutive weeks and is down by more than a fifth since the war began at the end of February. Gold tends to lose appeal when rates are high, as it does not yield interest. https://www.businesstimes.com.sg/international/shipping-slows-after-iran-says-it-has-again-shut-strait-hormuz The Business Times en 2026-06-22T08:34:25+08:00 Shipping slows after Iran says it has again shut the Strait of Hormuz https://cassette.sphdigital.com.sg/image/businesstimes/de13826b4f89afee3bb8c8e29ca877c02210a415fc3a6e390740921a5fa5d734 This comes as Tehran’s Islamic Revolutionary Guard Corps on Jun 20 declared the waterway shut again in response to Israeli strikes in Lebanon. This comes as Tehran’s Islamic Revolutionary Guard Corps on Jun 20 declared the waterway shut again in response to Israeli strikes in Lebanon. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/taiwanese-brothers-amass-us1-billion-boom-display-chips The Business Times en 2026-06-22T08:08:46+08:00 Taiwanese brothers amass US$1 billion from boom in display chips https://cassette.sphdigital.com.sg/image/businesstimes/c31cc648dea2b5658ce7c944505182c291936c4156de38bade4167c399c19231 Economists expect growth in Singapore exports to persist in the months ahead, with sustained outperformance of the electronics and semiconductor segments. Himax has 2,200 employees, of whom it says more than 90% are engineers, and offices in Taiwan, China, South Korea and the US. https://www.businesstimes.com.sg/international/global/why-its-nearly-impossible-build-robot-without-china The Business Times en 2026-06-22T07:26:10+08:00 Why it’s nearly impossible to build a robot without China https://cassette.sphdigital.com.sg/image/businesstimes/efc4c2636664c7cb34163afb3babb2b2b162f24d0945cdd0e0edacdd00c4d900 Tech investors, startup founders and government officials around the world are betting that AI will spur growth for robots, that lead no longer belongs to Japan. Tech investors, startup founders and government officials around the world are betting that AI will spur growth for robots, that lead no longer belongs to Japan. https://www.businesstimes.com.sg/companies-markets/sp-500-holds-bullish-momentum-amid-increasing-volatility The Business Times en 2026-06-22T07:00:00+08:00 S&P 500 holds on to bullish momentum amid increasing volatility https://cassette.sphdigital.com.sg/image/businesstimes/1b1747b556d4ec3a9c1e54ce8e866ac882f85faac387072b3b37b71946947f5d Since the April reversal, the S&P 500 has continued to form a series of higher highs and higher lows, while remaining comfortably above its major moving averages. Since the April reversal, the S&P 500 has continued to form a series of higher highs and higher lows, while remaining comfortably above its major moving averages. https://www.businesstimes.com.sg/companies-markets/middle-east-conflict-pushes-asia-next-phase-energy-rethink-bank-america The Business Times en 2026-06-22T07:00:00+08:00 Middle East conflict pushes Asia into next phase of energy rethink: Bank of America https://cassette.sphdigital.com.sg/image/businesstimes/3e321b372b4b5de6e195e5856199d388417ee1f809c38e8065efdcd57cd1e7ba Bernard Mensah, president of international at Bank of America Asia is where there will be "corporate and policy conversations" about energy security, says Bernard Mensah, president of international at Bank of America. https://www.businesstimes.com.sg/wealth/mass-affluent-are-losing-their-allure-wealth-managers-navigating-ai The Business Times en 2026-06-22T07:00:00+08:00 The ‘mass affluent’ are losing their allure for wealth managers navigating AI https://cassette.sphdigital.com.sg/image/businesstimes/c0fe30c727e401a5556fd28ec1a57a38a9394f91daa3442e1257945a0af5a5d1 Professionals in the wealth management industry are trying to figure out what exactly makes a human adviser irreplaceable by AI. Professionals in the wealth management industry are trying to figure out what exactly makes a human adviser irreplaceable by AI. https://www.businesstimes.com.sg/companies-markets/great-eastern-goes-high-net-worth-offensive-dont-call-it-pivot The Business Times en 2026-06-22T07:00:00+08:00 ​Great Eastern goes on the high-net-worth offensive, but don’t call it a pivot https://cassette.sphdigital.com.sg/image/businesstimes/de4dad7f854183e4f77c8799798b957806df02801fb08731f9d7ce5ea6420d49 “I want people to be very proud of Great Eastern as a local champion,” says group CEO Greg Hingston. “I want people to be very proud of Great Eastern as a local champion,” says group CEO Greg Hingston. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/info-tech-systems-wants-leverage-customers-overseas-expansion-future-growth The Business Times en 2026-06-22T07:00:00+08:00 Info-Tech Systems wants to leverage customers’ overseas expansion for future growth https://cassette.sphdigital.com.sg/image/businesstimes/68fae596e922a04ff8593957bd84f807aaace4e64b8be893ac00499f9979178b Info-Tech Systems Info-Tech Systems has an academy to capitalise on demand for artificial intelligence training. https://www.businesstimes.com.sg/companies-markets/healthcare-sector-least-affected-geopolitical-tensions-say-cbc-group-and-gho-capital-after-us21 The Business Times en 2026-06-22T07:00:00+08:00 Healthcare is sector least affected by geopolitical tensions, say CBC Group and GHO Capital after US$21 billion merger https://cassette.sphdigital.com.sg/image/businesstimes/e7b604045d799d02c4bb84cb5c5e6401bf9aa1eb3c791c424a847463f7b58a5e The combined asset management firm will be in a different league compared to our peers, said Fu Wei, CEO of CBC Capital Fu Wei, CBC Group CEO, says the combined entity will be "in a different league" compared with other specialist healthcare asset managers. https://www.businesstimes.com.sg/opinion-features/why-fragile-us-iran-mou-wont-restart-rate-cut-cycle The Business Times en 2026-06-22T07:00:00+08:00 Why the fragile US-Iran MOU won’t restart the rate-cut cycle https://cassette.sphdigital.com.sg/image/businesstimes/83904278dcbad47d5cc0249ed43646dbfa1ba0891477b1dbfc7a75b5a4b8db50 A neighbourhood destroyed by an Israeli airstrike in Lebanon's Tyre district. Key threats to the US-Iran deal include the non-trivial possibility that Israel may derail it. A neighbourhood destroyed by an Israeli airstrike in Lebanon's Tyre district. Key threats to the US-Iran deal include the non-trivial possibility that Israel may derail it. https://www.businesstimes.com.sg/international/baltic-exchange-shipping-insights74 The Business Times en 2026-06-22T07:00:00+08:00 Baltic Exchange Shipping Insights https://cassette.sphdigital.com.sg/image/businesstimes/63af1798d32564312b436e657ec7b818b960578c1b5a6a9ad51406daa472ca48 A roundup of the week’s tanker and dry bulk market (Jun 19, 2026). A roundup of the week’s tanker and dry bulk market (Jun 19, 2026). https://www.businesstimes.com.sg/opinion-features/asian-playbook-global-brands-no-longer-works The Business Times en 2026-06-22T07:00:00+08:00 The Asian playbook for global brands no longer works https://cassette.sphdigital.com.sg/image/businesstimes/1ac1fe0abb0e8d6c6b9cb3d49387178b33a1ede21ba0a281052c45f34690f3a4 Some global consumer brands have exited, yet other international brands such as Chick-fil-A have entered or are expanding in Singapore. Some global consumer brands have exited, yet other international brands such as Chick-fil-A have entered or are expanding in Singapore. https://www.businesstimes.com.sg/companies-markets/us-startup-databricks-raise-singapore-headcount-50-ai-demand-grows The Business Times en 2026-06-22T07:00:00+08:00 US startup Databricks to raise Singapore headcount by up to 50% as AI demand grows https://cassette.sphdigital.com.sg/image/businesstimes/f256110030e7ce59ae05177168288877a3cd1a93db3367abc0df38498c5343be The roles on hire span the “full gamut” of sales, engineering, marketing and other functions, says Arsalan Tavakoli-Shiraji, senior vice-president of field engineering and one of Databricks’ seven co-founders. Arsalan Tavakoli-Shiraji, senior vice-president of field engineering and one of Databricks’ seven co-founders, says that the roles on hire span the “full gamut” of sales, engineering, marketing and other functions. https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-declines-after-us-iran-talks-conclude-switzerland The Business Times en 2026-06-22T06:40:27+08:00 Oil declines after US-Iran talks conclude in Switzerland https://cassette.sphdigital.com.sg/image/businesstimes/b951e57f82548805c28e1f351c28d5e0a9eeda8a8bead5dcb726ae7020457a57 The war in the Middle East has choked off supply in a region responsible for a third of the world’s oil production. Over 25 million barrels of Iranian oil have passed through the virtual blockade line since Monday, the head of the National Iranian Oil Company, Hamid Bovard says. https://www.businesstimes.com.sg/international/while-world-scrambles-oil-china-sits-full-tanks The Business Times en 2026-06-22T06:03:09+08:00 While the world scrambles for oil, China sits on full tanks https://cassette.sphdigital.com.sg/image/businesstimes/b149d1d8ed55099dd605ba08100ff5df5b6790648254dae8a89f0e6ff166e825 China overtook the United States in 2024 to become the world’s largest oil refiner and is typically a major supplier of refined fuels to neighbouring countries. China overtook the United States in 2024 to become the world’s largest oil refiner and is typically a major supplier of refined fuels to neighbouring countries. https://www.businesstimes.com.sg/podcasts/stop-waiting-right-time-why-micro-investing-new-wealth-superpower The Business Times en 2026-06-22T05:00:00+08:00 Stop waiting for the ‘right time’: why micro-investing is the new wealth superpower https://cassette.sphdigital.com.sg/image/businesstimes/2631d4d1cafae82050a87d17168f58c96754fb15d3bb9e1d17f1276585eea762 What stops everyday Singaporeans from investing, and how can these friction points be tackled? What stops everyday Singaporeans from investing, and how can these friction points be tackled? https://www.businesstimes.com.sg/international/uk-pm-starmer-decide-political-future-lawmakers-call-him-step-aside The Business Times en 2026-06-21T23:24:37+08:00 UK PM Starmer to decide political future as more lawmakers call for him to step aside https://cassette.sphdigital.com.sg/image/businesstimes/2b6c8631020c73bf5ecc22919e365f4a14658773debb5143179e5968e6cfb8a0 UK Prime Minister Keir Starmer’s unpopularity was laid bare by his Labour Party’s heavy losses in local elections in May. British Prime Minister Keir Starmer’s unpopularity was laid bare by his Labour Party’s heavy losses in local elections in May. https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-glut-bets-back-play-crude-sinks-after-us-iran-deal The Business Times en 2026-06-21T22:31:14+08:00 Oil glut bets back in play as crude sinks after US-Iran deal https://cassette.sphdigital.com.sg/image/businesstimes/85e834848d25ffed327a78c36c0def5d7f1b028caac4189017e227c026822980 The premium for two-month Brent call options has all but disappeared, after reaching more than 30 points in mid-March. The premium for two-month Brent call options has all but disappeared, after reaching more than 30 points in mid-March. https://www.businesstimes.com.sg/companies-markets/soaring-profits-emerging-markets-build-case-raging-bull-market The Business Times en 2026-06-21T21:36:13+08:00 Soaring profits in emerging markets build the case for a raging bull market https://cassette.sphdigital.com.sg/image/businesstimes/41cc50add1af6fc764875702b46fdadd044f6799390178ec85d2edee85f3a71f Companies in the MSCI EM Index have reported average annual earnings above expectations set a year ago for the first time since April 2022, data shows. Companies in the MSCI EM Index have reported average annual earnings above expectations set a year ago for the first time since April 2022, data shows. https://www.businesstimes.com.sg/companies-markets/ray-ban-heir-escalates-fight-control-family-fortune The Business Times en 2026-06-21T20:33:03+08:00 Ray-Ban heir escalates fight for control of family fortune https://cassette.sphdigital.com.sg/image/businesstimes/ff8e397001690a18a1ee9a80c195af00c6818643e1b9536322250312bb0fd8b5 Leonardo Maria Del Vecchio is attempting to buy the combined 25% stakes held by his siblings, which would lift his ownership to 37.5%. Leonardo Maria Del Vecchio is attempting to buy the combined 25% stakes held by his siblings, which would lift his ownership to 37.5%. https://www.businesstimes.com.sg/companies-markets/energy-commodities/aluminiums-war-shock-blunted-dark-transits-and-chinese-supply The Business Times en 2026-06-21T19:51:18+08:00 Aluminium’s war shock blunted by dark transits and Chinese supply https://cassette.sphdigital.com.sg/image/businesstimes/ef9b8758aaa71366fe751c3d54929d2afceccce6cdaf43021d3aa4bc5dc8d5f7 Some of the market’s biggest bulls have trimmed their price forecasts for aluminium in recent days. Some of the market’s biggest bulls have trimmed their price forecasts for aluminium in recent days. https://www.businesstimes.com.sg/international/king-charles-reveal-tax-details-first-time The Business Times en 2026-06-21T18:15:33+08:00 King Charles to reveal tax details for the first time https://cassette.sphdigital.com.sg/image/businesstimes/c9aa1a15da5ccb0328b61d5a68c7f56da2a173b8a0afdfb3b2837425681d401c King Charles III receives personal income from land, private estates and investments, as well as a sum from the government to support royal duties. King Charles III receives personal income from land, private estates and investments, as well as a sum from the government to support royal duties. https://www.businesstimes.com.sg/wealth/pe-owners-tap-hot-loan-market-pay-themselves The Business Times en 2026-06-21T16:53:19+08:00 PE owners tap a hot loan market to pay themselves https://cassette.sphdigital.com.sg/image/businesstimes/6ed6f42060bfb866ed4f926a06f0fb93683c9df70b66770fc29dd25b2f857fea A recent scarcity of loans is driving the volume of dividend recapitalisations, including by Blackstone, higher. A recent scarcity of loans is driving the volume of dividend recapitalisations, including by Blackstone, higher. https://www.businesstimes.com.sg/international/after-fracture-how-britains-financial-industry-recovered-brexit The Business Times en 2026-06-21T16:37:33+08:00 After the fracture: How Britain’s financial industry recovered from Brexit https://cassette.sphdigital.com.sg/image/businesstimes/70f6e0b97072d91f80d8a6dc505a356f5462b5673be55dd431a47bc885fa4095 Employment in the City of London financial district is near an all-time high, and banks are posting record profits. Employment in the City of London financial district is near an all-time high, and banks are posting record profits. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/yen-teeters-cusp-40-year-low-pound-firms The Business Times en 2026-06-21T16:25:42+08:00 Yen teeters on cusp of 40-year low; pound firms https://cassette.sphdigital.com.sg/image/businesstimes/38f8d9cf97ad3df733f75ddc9c76781c5c9f61c40f2256157d62117814a33294 Weighing on the yen are Japanese interest rates, which are much lower than those elsewhere, even after the Bank of Japan hiked interest rates to a 31-year high. Weighing on the yen are Japanese interest rates, which are much lower than those elsewhere, even after the Bank of Japan hiked interest rates to a 31-year high. https://www.businesstimes.com.sg/lifestyle/thye-hua-kwan-improves-service-delivery-research-elder-abuse-divorce-support-and-art-therapy The Business Times en 2026-06-21T15:31:02+08:00 Thye Hua Kwan improves service delivery with research on elder abuse, divorce support and art therapy https://cassette.sphdigital.com.sg/image/businesstimes/25e855175e4ae15227c86035c3b4c34e24e65f1cd1c478d269e777e740880b2c THKMC's Centralised Research Unit comprises four full-time researchers and two psychologists. THKMC's Centralised Research Unit comprises four full-time researchers and two psychologists. https://www.businesstimes.com.sg/international/asean/indonesias-msci-moment-truth-looms-over-global-index-standing The Business Times en 2026-06-21T15:23:00+08:00 Indonesia’s MSCI moment of truth looms over global index standing https://cassette.sphdigital.com.sg/image/businesstimes/743a7584fb5062007362f0cec3944d9fd5092b2ba7af8e246be942958d6f6313 Indonesia has held MSCI’s emerging-market status since 1989, and remains one of South-east Asia’s largest equity markets. Indonesia has held MSCI’s emerging-market status since 1989, and remains one of South-east Asia’s largest equity markets. https://www.businesstimes.com.sg/companies-markets/singapore-investors-see-spacex-investment-long-term-bet-future-space-economy The Business Times en 2026-06-21T15:00:00+08:00 Singapore investors see SpaceX investment as a long-term bet on the future of the space economy https://cassette.sphdigital.com.sg/image/businesstimes/d41f112075e0921b776b385e24f2be99d1746ee7c2a3c99af1f15f499ff0f9e1 From left: Alta CEO Kelvin Lee, general partner at Turn Capital Ho Kheng Lian and founding partner at True Global Ventures 4 Lim Qing Ru. From left: Kelvin Lee, CEO of Alta; Ho Kheng Lian, general partner at Turn Capital; and Lim Qing Ru, founding partner at True Global Ventures 4. https://www.businesstimes.com.sg/international/italian-pm-melonis-g7-photo-spat-trump-shows-readiness-risk-bigger-fight The Business Times en 2026-06-21T14:32:27+08:00 Italian PM Meloni’s G7 photo spat with Trump shows readiness to risk a bigger fight https://cassette.sphdigital.com.sg/image/businesstimes/3e5635da83895978b39cbfeaa36c767bc87f334aabec8af7ca715aec55417cfb The schism between US President Donald Trump (left) and Italian Prime Minister Giorgia Meloni came somewhat unprompted on the heels of an otherwise jolly G7 gathering. The schism between US President Donald Trump (left) and Italian Prime Minister Giorgia Meloni came somewhat unprompted on the heels of an otherwise jolly G7 gathering. https://www.businesstimes.com.sg/wealth/singapore-cements-position-asia-pacific-wealth-hub-regions-aum-set-hit-us34-5-trillion-2030-pwc The Business Times en 2026-06-21T14:00:00+08:00 Singapore cements position as Asia-Pacific wealth hub as region’s AUM set to hit US$34.5 trillion by 2030: PwC https://cassette.sphdigital.com.sg/image/businesstimes/bfed3c32351ef980a789575b3260150206b8998f7948e2a896abf50fbf85bbae “Singapore’s role in Asia Pacific asset and wealth management is being shaped by structural advantages,” said Paul Pak, Asia Pacific and Singapore Asset and Wealth Management Leader, PwC Singapore. Singapore’s role in Asia-Pacific asset and wealth management is being shaped by structural advantages, says PwC's Paul Pak. https://www.businesstimes.com.sg/international/stock-traders-guide-navigating-rare-super-el-nino-5-sectors-watch-risks-build The Business Times en 2026-06-21T12:08:40+08:00 A stock trader’s guide to navigating rare ‘Super El Nino’: 5 sectors to watch as risks build https://cassette.sphdigital.com.sg/image/businesstimes/1fe83a22d0c5b07342554407d6ab1b56cd75abcbce8ba0d90f62608cf091d0ee The world last faced such a strong El Nino in 2015 and 2016, and it resulted in more than US$7.8 trillion in lost productivity, found a US study. The world last faced such a strong El Nino in 2015 and 2016, and it resulted in more than US$7.8 trillion in lost productivity, found a US study. https://www.businesstimes.com.sg/companies-markets/ai-capex-cycle-drives-institutional-inflows-and-gains-singapores-listed-tech-manufacturers The Business Times en 2026-06-21T12:00:00+08:00 AI capex cycle drives institutional inflows and gains for Singapore’s listed tech manufacturers https://cassette.sphdigital.com.sg/image/businesstimes/09f73962df9ea085548c87d381c23656bc400265ef496f28b1933b51a028f6f3 UMS Integration’s new factory in Penang.  UMS Integration has gained from the strong AI-driven chip demand worldwide, posting a 43% rise in Q1 profit to S$14 million. https://www.businesstimes.com.sg/international/trumps-fears-about-economy-undercut-us-leverage-iran-talks The Business Times en 2026-06-21T11:31:08+08:00 Trump’s fears about economy undercut US leverage in Iran talks https://cassette.sphdigital.com.sg/image/businesstimes/f2a6ebd6cf7f627fc0283a9e72e65b03873f88faae9db8ac1c42cca394726e0b Knowing that Trump will be reluctant to restart the military campaign – and thus spark fresh economic turmoil – eases the pressure for Iran to end the talks quickly. Knowing that Trump will be reluctant to restart the military campaign – and thus spark fresh economic turmoil – eases the pressure for Iran to end the talks quickly. https://www.businesstimes.com.sg/international/global/wellness-zone-plane-qantas-tests-new-ways-beat-jet-lag-worlds-longest-nonstop-flight The Business Times en 2026-06-21T10:16:15+08:00 Wellness zone on a plane? Qantas tests new ways to beat jet lag on world’s longest nonstop flight https://cassette.sphdigital.com.sg/image/businesstimes/d7154b488b1da561cf46da594aa9a4e68c9e368c6f09ff23a3c78c58cefb03d7 FILE PHOTO: Australia’s Qantas presents the first of 12 modified Airbus A350-1000ULR jets to be used for record-breaking non-stop flights, with Sydney-London designated as the first route, at a ceremony at Airbus headquarters in Toulouse, France, June 17, 2026. REUTERS/Tim Hepher/File Photo Airbus is assembling the modified Airbus SE A350-1000 fleet in Toulouse, France, that will let Qantas break the limits of nonstop connections. https://www.businesstimes.com.sg/international/report-says-uk-pm-starmer-ready-quit-source-says-he-still-focused-job The Business Times en 2026-06-21T09:40:02+08:00 Report says UK PM Starmer ready to quit, but source says he is still focused on the job https://cassette.sphdigital.com.sg/image/businesstimes/cad121d94473fe247f80ee58164c4cd56b87e63f1715fa0b391cda2cf6e4a51f The threat to Keir Starmer’s (left) position increased sharply on Jun 19 when his rival Andy Burnham (right) won a seat in parliament. The threat to Keir Starmer’s (left) position increased sharply on Jun 19 when his rival Andy Burnham (right) won a seat in parliament.