https://www.businesstimes.com.sg/singapore/commentary-us-says-ships-and-submarines-trump-summits-south-east-asia-politely-says-no The Business Times en 2026-05-31T17:03:19+08:00 Commentary: The US says ships and submarines trump summits. South-east Asia politely says ‘no’ https://cassette.sphdigital.com.sg/image/businesstimes/367d322592d3d72b7a46268ca0200f6b9384bebc1a9da3e3506aba1b94e562c5 Delegates attending the 23rd Shangri-La Dialogue on May 30. Delegates attending the 23rd Shangri-La Dialogue on May 30. https://www.businesstimes.com.sg/companies-markets/mizuho-plans-more-singapore-hiring-power-next-phase-asia-growth The Business Times en 2026-05-31T17:00:00+08:00 Mizuho plans more Singapore hiring to power next phase of Asia growth https://cassette.sphdigital.com.sg/image/businesstimes/bfeb643fc9ec463c0007fca6c01487fe01c57523cb2f0313c6ac9d2d7c4fd689 Mizuho's Asia-Pacific chief executive Koichi Zaiki (left) and the bank's head of Asia-Pacific banking Joris Dierckx. Mizuho's Asia-Pacific chief executive Koichi Zaiki (left) and Asia-Pacific banking head Joris Dierckx. https://www.businesstimes.com.sg/companies-markets/softbank-plans-75-billion-euro-investment-french-ai-centres The Business Times en 2026-05-31T16:55:46+08:00 SoftBank plans up to 75 billion euro investment in French AI centres https://cassette.sphdigital.com.sg/image/businesstimes/94d4ceaf6ec01161deb53fb326cc46d8fc34702bb6cfa0c0cb22938020d60abf The move highlights SoftBank founder Masayoshi Son’s growing ambitions to secure data centre bases in major locations across the globe. The move highlights SoftBank founder Masayoshi Son’s growing ambitions to secure data centre bases in major locations across the globe. https://www.businesstimes.com.sg/lifestyle/soccer-faith-luis-enrique-leads-psg-back-back-champions-league-titles The Business Times en 2026-05-31T16:47:44+08:00 Faith in Luis Enrique leads PSG to back-to-back Champions League titles https://cassette.sphdigital.com.sg/image/businesstimes/02c209a736115974e91da41d544374b1eba5ba0c6533223d68eca806e8303ed8 PSG coach Luis Enrique with the Champions League trophy on Saturday. His players speak about him less as a coach than as an architect and people leader. PSG coach Luis Enrique with the Champions League trophy on Saturday. His players speak about him less as a coach than as an architect and people leader. https://www.businesstimes.com.sg/lifestyle/georgia-uncorks-value-stalins-40000-bottle-wine-collection The Business Times en 2026-05-31T16:27:44+08:00 Georgia uncorks the value of Stalin’s 40,000-bottle wine collection https://cassette.sphdigital.com.sg/image/businesstimes/cacf05d98a495113b20bc0dae15853d8f191a4f71ccdfb2d498d777cbb038cc7 A wine cellar housing a collection of rarities from the 19th and 20th centuries, once owned by Soviet leader Joseph Stalin, in Tbilisi. A wine cellar housing a collection of rarities from the 19th and 20th centuries, once owned by Soviet leader Joseph Stalin, in Tbilisi. https://www.businesstimes.com.sg/property/domestic-capital-reshapes-china-real-estate-deals-asset-managers-redirect-china-china-play The Business Times en 2026-05-31T16:00:00+08:00 Domestic capital reshapes China real estate deals as asset managers redirect to ‘China-for-China’ play https://cassette.sphdigital.com.sg/image/businesstimes/5bdc54df17c4ea3dc0420bfd6b70f1f996ad89b1cfb460992e3d3a2180cfc228 Regulatory changes supporting initiatives such as private Reits have improved liquidity for quality assets, with both local and foreign investors starting to use such structures as pathways to generating liquidity. Regulatory changes supporting initiatives such as private Reits have improved liquidity for quality assets, with both local and foreign investors starting to use such structures as pathways to generating liquidity. https://www.businesstimes.com.sg/singapore/chan-chun-sing-calls-more-partnerships-minded-countries-nature-conflicts-evolves The Business Times en 2026-05-31T14:46:51+08:00 Chan Chun Sing calls for more partnerships with like-minded countries as nature of conflicts evolves https://cassette.sphdigital.com.sg/image/businesstimes/d65e2af255666e83e5729c0ca4f309fb9b8f1c971ee3b93e1e93654a1699de45 Defence Minister Chan Chun Sing speaks at the plenary session on Evolving Security Partnerships in a Fragmenting World at the Shangri-La Dialogue on May 31. Defence Minister Chan Chun Sing speaks at the plenary session on Evolving Security Partnerships in a Fragmenting World at the Shangri-La Dialogue on May 31. https://www.businesstimes.com.sg/international/china-factory-activity-stalls-may-demand-weakens The Business Times en 2026-05-31T14:08:42+08:00 China factory activity stalls in May as demand weakens https://cassette.sphdigital.com.sg/image/businesstimes/5321f1f130e62cf2ee5e1e769751ea3151861f8e54926f58edbd84974e38748b May's PMI was the lowest reading in three months and followed data earlier showing China’s growth momentum cooled in April despite a rebound in exports. May's PMI was the lowest reading in three months and followed data earlier showing China’s growth momentum cooled in April despite a rebound in exports. https://www.businesstimes.com.sg/international/asean/pig-butchering-schemes-honey-traps-telecom-fraud-networks-target-indonesia-regional-crackdowns-bite The Business Times en 2026-05-31T14:00:00+08:00 Pig-butchering schemes, honey traps: Telecom-fraud networks target Indonesia as regional crackdowns bite https://cassette.sphdigital.com.sg/image/businesstimes/a8be57561e6e316ff2d21a855c156ec31aeb89a964fab7b95e94d2721eb82423 Foreign nationals suspected of running an online gambling operation for two months at an office building were arrested in Jakarta on May 10. Foreign nationals suspected of running an online gambling operation for two months at an office building were arrested in Jakarta on May 10. https://www.businesstimes.com.sg/singapore/malaysia-rebukes-norway-over-cancelled-missile-deal-calls-out-global-hypocrisy-war-crimes The Business Times en 2026-05-31T13:35:24+08:00 Malaysia rebukes Norway over cancelled missile deal; calls out global ‘hypocrisy’ on war crimes https://cassette.sphdigital.com.sg/image/businesstimes/02ae4fe9dc2f2813f48c03165a741555d7f343cf99d846cd1763c8f056f19236 Malaysian Defence Minister Khaled Nordin speaking at a plenary session on managing regional tensions amid global competition at the Shangri-La Dialogue on May 31. Malaysian Defence Minister Khaled Nordin speaking at a plenary session on managing regional tensions amid global competition at the Shangri-La Dialogue on May 31. https://www.businesstimes.com.sg/companies-markets/agt-raises-nam-cheong-stake-silchester-increases-holdings-comfortdelgro The Business Times en 2026-05-31T12:30:00+08:00 AGT raises Nam Cheong stake; Silchester increases holdings of ComfortDelGro https://cassette.sphdigital.com.sg/image/businesstimes/5ad7eb761dd91c4e75193220a065e87e5b8fe02c46771aceb0c260aceada92d9 Over the five trading sessions to May 28, 22 primary-listed companies conducted buybacks with a total consideration of S$88.9 million. Over the five trading sessions, 22 primary-listed companies conducted buybacks with a total consideration of S$88.9 million. https://www.businesstimes.com.sg/singapore/leaders-five-power-defence-arrangements-affirm-55-year-old-defence-pacts-strategic-relevance The Business Times en 2026-05-31T12:14:35+08:00 Leaders from Five Power Defence Arrangements affirm 55-year-old defence pact’s strategic relevance https://cassette.sphdigital.com.sg/image/businesstimes/8f88c90c2a86f1e767fc9a80eac1b6902d92cb1bf02afcb0b91c087bf17b7990 Singapore Defence Minister Chan Chun Sing (centre) hosted top defence leaders from the Five Power Defence Arrangements to breakfast on May 31. Singapore Defence Minister Chan Chun Sing (centre) hosted top defence leaders from the Five Power Defence Arrangements to breakfast on May 31. https://www.businesstimes.com.sg/startups-tech/technology/asias-courts-are-drowning-paperwork-can-ai-save-them The Business Times en 2026-05-31T11:04:45+08:00 Asia’s courts are drowning in paperwork. Can AI save them? https://cassette.sphdigital.com.sg/image/businesstimes/5a8c8c25891d2687d599be36c1964cf216aa52cf8468103335493d5959774676 The generative AI legal market will expand by US$2.1 billion between 2024 and 2029, says research firm Technavio. The generative AI legal market will expand by US$2.1 billion between 2024 and 2029, says research firm Technavio. https://www.businesstimes.com.sg/international/global/strait-hormuz-ship-transits-are-rising-thanks-us-help The Business Times en 2026-05-31T10:11:31+08:00 Strait of Hormuz ship transits are rising thanks to US help https://cassette.sphdigital.com.sg/image/businesstimes/c291c4220c00685dba5e59c39d306ed5abf1d8bcc17207b73779c412861daea9 The increase in transits through Hormuz could signal that more shipping companies are willing to make the journey. The increase in transits through Hormuz could signal that more shipping companies are willing to make the journey. https://www.businesstimes.com.sg/international/trump-sends-tougher-terms-iran-framework-end-war-us-officials-say The Business Times en 2026-05-31T09:41:40+08:00 Trump sends tougher terms to Iran for framework to end war, US officials say https://cassette.sphdigital.com.sg/image/businesstimes/8308adf95095aeacb2fb70288c4f78d765bef6780fb7dccf53350877db45f03a Trump’s changes were potentially intended to speed up the process by putting pressure on Iran to accept the framework. Trump’s changes were potentially intended to speed up the process by putting pressure on Iran to accept the framework. https://www.businesstimes.com.sg/international/global/what-china-hears-hegseths-shangri-la-dialogue-speech The Business Times en 2026-05-31T09:11:28+08:00 What China hears in Hegseth’s Shangri-La Dialogue speech https://cassette.sphdigital.com.sg/image/businesstimes/dd1c1cd8353aef05a4f29cf19c69383014140419ef2148bf616bdafee7c54a72 Major General Meng Xiangqing (front, left), the head of the Chinese official delegation, leaving a special session at the Shangri-La Dialogue on May 30. Major General Meng Xiangqing (front, left), the head of the Chinese official delegation, leaving a special session at the Shangri-La Dialogue on May 30. https://www.businesstimes.com.sg/singapore/pm-wong-meets-deputy-prime-ministers-qatar-and-australia-discuss-deepening-defence-ties The Business Times en 2026-05-31T08:44:58+08:00 PM Wong meets deputy prime ministers of Qatar and Australia to discuss deepening defence ties https://cassette.sphdigital.com.sg/image/businesstimes/e41f2cd0581143af6da3432460bd4ce133437f08c1048479ba395351d226311e PM Lawrence Wong meeting Qatari Deputy Prime Minister and Minister of State for Defence Affairs Sheikh Saoud bin Abdulrahman Al Thani on May 30. PM Lawrence Wong meeting Qatari Deputy Prime Minister and Minister of State for Defence Affairs Sheikh Saoud bin Abdulrahman Al Thani on May 30. https://www.businesstimes.com.sg/singapore/countries-need-build-trust-defence-spending-rises-says-chan-chun-sing The Business Times en 2026-05-31T08:25:54+08:00 Countries need to build trust as defence spending rises, says Chan Chun Sing https://cassette.sphdigital.com.sg/image/businesstimes/5ef52396f0ad21884ccd0053881d67f8422c85fa4deb8e2fd66bb4604251a068 Defence Minister Chan Chun Sing (fourth from right) with visiting ministers and their representatives, including his counterparts (from left) Lithuania’s Robertas Kaunas, Italy’s Guido Crosetto, Thailand’s Adul Boonthumjaroen, the US’ Pete Hegseth, the Netherlands’ Dilan Yesilgoz-Zegerius, Japan’s Shinjiro Koizumi and the Philippines’ Gilberto Teodoro Jr, at the Shangri-La Dialogue on May 30. Defence Minister Chan Chun Sing (fourth from right) with visiting ministers and their representatives, including his counterparts (from left) Lithuania’s Robertas Kaunas, Italy’s Guido Crosetto, Thailand’s Adul Boonthumjaroen, the US’ Pete Hegseth, the Netherlands’ Dilan Yesilgoz-Zegerius, Japan’s Shinjiro Koizumi and the Philippines’ Gilberto Teodoro Jr, at the Shangri-La Dialogue on May 30. https://www.businesstimes.com.sg/international/chinas-private-fund-assets-hit-record-quant-managers-surge The Business Times en 2026-05-30T16:30:37+08:00 China’s private fund assets hit record as quant managers surge https://cassette.sphdigital.com.sg/image/businesstimes/e544f206ae12715ed5677ff36a39d0abe585b5c53d84eee303204abe26bf161e Pixgeneric / Generic photograph of Maybank Tower, Bank of China Building, UOB Plaza, One Raffles Place on Oct 22, 2024. Can be used for stories on PMET, money, population, property, land, commercial, office, invest, budget, income, bank, finance, financial, CBD, URA, population, economy, and development. China's private securities-investment fund market - the country’s closest equivalent to hedge funds - shows signs of improving fundraising momentum. https://www.businesstimes.com.sg/singapore/asean-defence-ministers-reaffirm-commitment-free-flow-trade-through-international-corridors The Business Times en 2026-05-30T15:45:05+08:00 Asean defence ministers reaffirm commitment to free flow of trade through international corridors https://cassette.sphdigital.com.sg/image/businesstimes/2d196b6ebd5f74769caaa5b465534cd979dd6299d6ac809dd2a2a8bf47e952df Eight Asean defence ministers gathered at a breakfast on May 30 hosted by Singapore Defence Minister Chan Chun Sing. Eight Asean defence ministers gathered at a breakfast on May 30 hosted by Singapore Defence Minister Chan Chun Sing. https://www.businesstimes.com.sg/companies-markets/minimax-plans-china-ipo-it-eyes-local-rivals-deepseek The Business Times en 2026-05-30T15:14:05+08:00 MiniMax plans China IPO as it eyes local rivals like DeepSeek https://cassette.sphdigital.com.sg/image/businesstimes/f551c291634b9ac2ffa208649c2a9234fcb02f3a94c3ee46ca5b1884d23f53c0 The Shanghai-based firm listed in Hong Kong in January, joining a wave of Chinese AI firms flocking to public markets to fund expansion. The Shanghai-based firm listed in Hong Kong in January, joining a wave of Chinese AI firms flocking to public markets to fund expansion. https://www.businesstimes.com.sg/international/chinas-rise-drug-development-looms-over-us The Business Times en 2026-05-30T14:39:40+08:00 China’s rise in drug development looms over US https://cassette.sphdigital.com.sg/image/businesstimes/9937dc1cd665dd297928173db96aa87e3b8fbd9c457eeda825fda59ba9c622f8 A presentation of a clinical trail conducted exclusively in China is one of five headliners at this year's meeting of the American Society of Clinical Oncology. In what appears to be a first, a presentation of a clinical trail conducted exclusively in China will be a headliner at this year's American Society of Clinical Oncology meeting. https://www.businesstimes.com.sg/singapore/unstable-world-crises-solutions-must-come-apac-says-vietnams-lam The Business Times en 2026-05-30T13:49:23+08:00 In an unstable world of crises, solutions must come from Apac, says Vietnam’s To Lam https://cassette.sphdigital.com.sg/image/businesstimes/b52854ea387995e1242bc39b59541c149c178de7728101ceb4b928a7b159db96 US-China rivalry leaves South-east Asian countries potentially caught in between, said Vietnamese President To Lam at the 23rd Shangri-La Dialogue on May 29. US-China rivalry leaves South-east Asian countries potentially caught in between, said Vietnamese President To Lam at the 23rd Shangri-La Dialogue on May 29. https://www.businesstimes.com.sg/companies-markets/meta-plans-ai-pendant-wearables-work-hardware-boost-information-reports The Business Times en 2026-05-30T12:42:17+08:00 Meta plans AI pendant, 'wearables for work' in hardware boost, The Information reports https://cassette.sphdigital.com.sg/image/businesstimes/2f9446994fd7cb41fe3675fceacf04be3fccc9ec98815bd507fcf22e2116549c FILE PHOTO: The logo of Meta is seen at Porte de Versailles exhibition center in Paris, France, June 11, 2025. REUTERS/Gonzalo Fuentes/File Photo Meta plans to significantly expand its AI glasses selection and add a business-focused wearables service, according to a report by The Information on May 29. https://www.businesstimes.com.sg/singapore/us-hegseth-hails-asian-partners-boosting-security-spending-omits-taiwan-roll-call The Business Times en 2026-05-30T10:51:26+08:00 US’ Hegseth hails Asian partners for boosting security spending; omits Taiwan in roll call https://cassette.sphdigital.com.sg/image/businesstimes/4f0cc3ad490d7f5bdaaf9ce52e7923d89fe08387a534d23ffbfbde10e5ac5a07 Hegseth listed Australia, Indonesia, Japan, Malaysia, the Philippines, South Korea, Singapore, Thailand, Vietnam among those that are stepping up. Hegseth listed Australia, Indonesia, Japan, Malaysia, the Philippines, South Korea, Singapore, Thailand, Vietnam among those that are stepping up. https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-coffee-beans-traders-singapore-find-ways-deal-middle-east-disruptions The Business Times en 2026-05-30T10:07:50+08:00 From oil to coffee beans: Traders in Singapore find ways to deal with Middle East disruptions https://cassette.sphdigital.com.sg/image/businesstimes/c694f64604e52dc410b57176c02b3eb94325a26199ba9b4e17f61f67fc464358 FILE PHOTO: An employee fills a bag with Arabica roasted coffee beans in a coffee roasting shop in Paris, France, November 28, 2024. REUTERS/Stephanie Lecocq/File Photo Some traders posted strong gains linked to the Iran conflict, reinforcing expectations that continued market volatility could boost their profits. https://www.businesstimes.com.sg/companies-markets/yum-exclusive-talks-sell-pizza-hut-longrange The Business Times en 2026-05-30T09:39:42+08:00 Yum is in exclusive talks to sell Pizza Hut to LongRange https://cassette.sphdigital.com.sg/image/businesstimes/05a5631bd007910bdf9d781f9d48d56cabb72efcd09dca2c1431209cd0cae186 Yum said last year that it was conducting a strategic review of Pizza Hut after years of trying to revive the restaurant chain, whose sales have been stagnant. Yum said last year that it was conducting a strategic review of Pizza Hut after years of trying to revive the restaurant chain, whose sales have been stagnant. https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-falls-hopes-us-iran-ceasefire-agreement The Business Times en 2026-05-30T09:06:35+08:00 Oil falls on hopes for US-Iran ceasefire agreement https://cassette.sphdigital.com.sg/image/businesstimes/02ae5fc224e5fd21a2ab72577cef85f679588a3c85557545008e619c4f787c35 Brent crude futures for July, which expired on Friday, settled at US$92.05 a barrel, down US$1.66, or 1.8 per cent. The US-Iran war has been marked by chatter of an impending end to the conflict that would open the Strait of Hormuz, used to transit one-fifth of global oil and gas. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-secure-monthly-gains-middle-east-peace-hopes The Business Times en 2026-05-30T08:51:07+08:00 European shares secure monthly gains on Middle East peace hopes https://cassette.sphdigital.com.sg/image/businesstimes/897c36f23ff032f05966b2164e4827789c5fbf4a54e248306ea5b4864db4a1af The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, May 26, 2026. REUTERS/staff The market optimism followed reports that US President Donald Trump was weighing an initial US-Iranian agreement. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-extend-win-streak-peace-deal-hopes-ai-excitement The Business Times en 2026-05-30T08:36:58+08:00 US stocks extend win streak on peace deal hopes, AI excitement https://cassette.sphdigital.com.sg/image/businesstimes/a937ea1434b5c023847f81bb3debee3a165ceda0ddcbed279f3b8e26ed68a721 The S&P 500 Index closed 0.2 per cent higher, capping off its ninth-straight week of gains, a streak matched just four times since 1985. The S&P 500 Index closed 0.2 per cent higher, capping off its ninth-straight week of gains, a streak matched just four times since 1985. https://www.businesstimes.com.sg/opinion-features/ebola-science-moving-fast-it-might-not-be-enough The Business Times en 2026-05-30T07:00:00+08:00 Ebola science is moving fast; it might not be enough https://cassette.sphdigital.com.sg/image/businesstimes/774b5baa2a0be29104b39d59b1d33462950fa6cfe66ea307e2f0c49bafceea41 Locals wash their hands at a check point set up for preventive measures against the spread of Ebola in the Democratic Republic of Congo. Locals washing their hands at a checkpoint set up for preventive measures against the spread of Ebola in the Democratic Republic of Congo. https://www.businesstimes.com.sg/companies-markets/mm2-asia-h2-net-loss-widens-s166-6-million-amid-fair-value-losses The Business Times en 2026-05-29T22:47:24+08:00 mm2 Asia H2 net loss widens to S$166.6 million amid fair-value losses https://cassette.sphdigital.com.sg/image/businesstimes/15d8d4431ebbeb2e5a5ccf907c5bff4a62abdb4d32f8ee4751544478389cf9ba The group did not declare a dividend for the second half ended Mar 31, 2026. Mm2 Asia says material uncertainties remain in relation to the outcome and timing of its restructuring exercises, funding initiatives and overall recovery plans. https://www.businesstimes.com.sg/companies-markets/energy-commodities/quarter-large-oil-tankers-trapped-iran-war-have-escaped The Business Times en 2026-05-29T22:47:17+08:00 A quarter of large oil tankers trapped by Iran war have escaped https://cassette.sphdigital.com.sg/image/businesstimes/3355ee1b6bb2b3ddf428d2c3ab9544213c8e351ece2d6ed531662ff9a1b8d056 The crude oil tanker Odessa, carrying UAE crude after passing through the Strait of Hormuz with its Automatic Identification System transponder turned off, Daesan port, Seosan, South Korea, May 8, 2026. The crude oil tanker Odessa, carrying UAE crude after passing through the Strait of Hormuz with its Automatic Identification System transponder turned off, Daesan port, Seosan, South Korea, May 8, 2026. https://www.businesstimes.com.sg/companies-markets/banking-finance/feds-bowman-says-too-soon-judge-inflation-impact-iran-war The Business Times en 2026-05-29T22:16:38+08:00 Fed’s Bowman says too soon to judge inflation impact of Iran war https://cassette.sphdigital.com.sg/image/businesstimes/191d9c75007b61f8efdd4003473287d69b9899a67a2814b088f377e35799d48a Federal Reserve Vice Chair for Supervision Michelle Bowman cautioned that the longer the Iran war persists, the greater the potential for a bigger inflation hit. Federal Reserve Vice Chair for Supervision Michelle Bowman cautioned that the longer the Iran war persists, the greater the potential for a bigger inflation hit. https://www.businesstimes.com.sg/international/vietnams-lam-says-military-power-alone-cant-ensure-security The Business Times en 2026-05-29T22:06:50+08:00 Vietnam’s To Lam says military power alone can’t ensure security https://cassette.sphdigital.com.sg/image/businesstimes/b52854ea387995e1242bc39b59541c149c178de7728101ceb4b928a7b159db96 Vietnam's top leader To Lam has called for reinforcing international law, setting up inclusive and sustainable growth drivers, as well as initiating dialogue and transparency. To Lam laid out his vision of a regional order to hundreds of delegates at the Shangri-La Dialogue in Singapore on Friday. https://www.businesstimes.com.sg/companies-markets/wall-st-edges-higher-open-mideast-deal-updates-focus The Business Times en 2026-05-29T21:45:30+08:00 Wall St edges higher at open with Mideast deal updates in focus https://cassette.sphdigital.com.sg/image/businesstimes/36edd2d152ff7ead379be234b754f3559058d6178682e18488226e8a706f8aed The S&P 500 rose 15.7 points, or 0.21 per cent, at the open to 7,579.33​, while the Nasdaq Composite rose 43.4 points, or 0.16 per cent, to 26,960.84 at the opening bell. The S&P 500 rose 15.7 points, or 0.21 per cent, at the open to 7,579.33​, while the Nasdaq Composite rose 43.4 points, or 0.16 per cent, to 26,960.84 at the opening bell. https://www.businesstimes.com.sg/international/us-merchandise-trade-deficit-narrows-rise-exports The Business Times en 2026-05-29T21:24:45+08:00 US merchandise-trade deficit narrows on rise in exports https://cassette.sphdigital.com.sg/image/businesstimes/06c7978b44306e541d89c6519931ebe6fefb318aeda057121553ff2e178f21be US exports of goods increased 4 per cent in April. US exports of goods increased 4 per cent in April. https://www.businesstimes.com.sg/companies-markets/concord-new-energy-sell-s158-2-million-assets-industrial-bank-financial-leasing The Business Times en 2026-05-29T21:22:03+08:00 Concord New Energy to sell S$158.2 million in assets to Industrial Bank Financial Leasing https://cassette.sphdigital.com.sg/image/businesstimes/4f07223d14dda976aac7196a7c15487333878bca41fe2ffe5550caccf1f31a56 CNE vice-president Mike Luo previously told The Business Times that investors should view the company as operating at the intersection of artificial intelligence and the physical world. CNE vice-president Mike Luo previously told BT that investors should view the company as operating at the intersection of AI and the physical world. https://www.businesstimes.com.sg/singapore/singtel-signs-s1-5-billion-credit-facility-diverse-lender-pool The Business Times en 2026-05-29T21:21:04+08:00 Singtel signs S$1.5 billion credit facility from diverse lender pool https://cassette.sphdigital.com.sg/image/businesstimes/aac5066e4ba99853600ceb3a88b2ca409f4f265640dfc4f4402bd617be1a2c09 The agreement comes as Singtel shuffles around capital, having laid out a S$3 billion capital spending plan for 2027, of which S$1.2 billion would be allocated to data centres and AI-related purposes. The agreement comes as Singtel shuffles around capital, having laid out a S$3 billion capital spending plan for 2027, of which S$1.2 billion would be allocated to data centres and artificial intelligence-related purposes. https://www.businesstimes.com.sg/international/indonesia-and-india-intervene-prop-weakening-currencies The Business Times en 2026-05-29T21:05:52+08:00 Indonesia and India intervene to prop up weakening currencies https://cassette.sphdigital.com.sg/image/businesstimes/3a7ceceb612bb90d573eb00a80c87e30ac3f9b34406f496ba6de5116fb5f2bd8 Bank Indonesia said on Friday that it remains committed to maintaining the stability of the rupiah “around the world, around the clock”. Bank Indonesia said on Friday that it remains committed to maintaining the stability of the rupiah “around the world, around the clock”. https://www.businesstimes.com.sg/international/inflation-above-ecb-comfort-zone-top-economies-backs-hike The Business Times en 2026-05-29T21:00:30+08:00 Inflation above ECB comfort zone in top economies backs hike https://cassette.sphdigital.com.sg/image/businesstimes/274e6a1a708d494ca54c45fee5ea061053469d0f1e6ed5ce809f91aa250b855d Markets are all but sure that rates will be raised, maintaining bets on a quarter-point hike next month and another by year-end. Markets are all but sure that rates will be raised, maintaining bets on a quarter-point hike next month and another by year-end. https://www.businesstimes.com.sg/companies-markets/banking-finance/feds-schmid-says-officials-must-signal-commitment-inflation The Business Times en 2026-05-29T20:31:20+08:00 Fed’s Schmid says officials must signal commitment to inflation https://cassette.sphdigital.com.sg/image/businesstimes/465eb0c1a559bbe607cf31270a7ec95ea7c1ebc7bcbb5ad8f6699b913c4acd38 Federal Reserve Bank of Kansas City President Jeff Schmid speaking at the Reykjavik Economic Conference in Reykjavik, Iceland, May 29, 2026. Federal Reserve Bank of Kansas City President Jeff Schmid speaking at the Reykjavik Economic Conference in Reykjavik, Iceland, May 29, 2026. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/samsung-sk-rally-sparks-forced-selling-funds-hit-limits The Business Times en 2026-05-29T20:25:07+08:00 Samsung, SK rally sparks forced selling as funds hit limits https://cassette.sphdigital.com.sg/image/businesstimes/50b1331f36af395182f9201945499a4947fe1fafaf26ad2e6eebaf3bddaa164f Over the past year, Samsung has jumped more than 400% while SK Hynix has gained over 1,000%. Over the past year, Samsung has jumped more than 400% while SK Hynix has gained over 1,000%. https://www.businesstimes.com.sg/newsletters/esg-insights/issue-196-ais-complex-role-sustainability-keppels-emissions-targets The Business Times en 2026-05-29T19:00:00+08:00 Issue 196: AI’s complex role in sustainability; Keppel’s emissions targets https://cassette.sphdigital.com.sg/image/businesstimes/4bad4b40dfb13aada10d19b905638199ce3cfa885da9e32cda6f9e9a28503bd9 Data centres are buying substantial new renewable and nuclear electricity, but fossil fuels remain their largest source of new generation. Data centres are buying substantial new renewable and nuclear electricity, but fossil fuels remain their largest source of new generation. https://www.businesstimes.com.sg/companies-markets/singapore-stocks-end-higher-amid-mixed-regional-showing-sti-1 The Business Times en 2026-05-29T18:55:28+08:00 Singapore stocks end higher amid mixed regional showing; STI up 1% https://cassette.sphdigital.com.sg/image/businesstimes/4a8b483f143c0637b312f8d315b3eae40f90efa7a0d7fba29c58b541fc5c5979 The benchmark Straits Times Index gains 1 per cent or 48.67 points to close at 5,037.86. The benchmark Straits Times Index gains 48.67 points to close at 5,037.86. https://www.businesstimes.com.sg/international/asean/philippine-court-orders-arrest-senator-over-graft-scandal The Business Times en 2026-05-29T18:50:26+08:00 Philippine court orders arrest of senator over graft scandal https://cassette.sphdigital.com.sg/image/businesstimes/c40a65c80b769efd22c57e41a85d2028f03b1af45f1f5e1ba7811dc9f50c81cd Jinggoy Estrada denied the allegations against him in a statement on his Facebook page, and added that he is hoping for a fair trial Jinggoy Estrada denied the allegations against him in a statement on his Facebook page, and added that he is hoping for a fair trial https://www.businesstimes.com.sg/companies-markets/jumbo-seafood-close-flagship-east-coast-seafood-centre-outlet-sep-30 The Business Times en 2026-05-29T18:39:58+08:00 Jumbo Seafood to close flagship East Coast Seafood Centre outlet on Sep 30 https://cassette.sphdigital.com.sg/image/businesstimes/15bdc458f2d45d0ca58d795a6e1f3a3826694100f87c6cd9f4964876333de838 Established in 1987, the outlet contributes around 14 per cent of the group’s revenue and is the first location opened by the food and beverage chain. Jumbo Group says its landlord, the National Parks Board, is studying the redevelopment of East Coast Seafood Centre in tandem with longer-term plans for the park. https://www.businesstimes.com.sg/international/asean/singapore-vietnam-need-shared-model-engage-businesses-academia-tech-cooperation-says-lam The Business Times en 2026-05-29T18:27:25+08:00 Singapore, Vietnam need shared model to engage businesses, academia in tech cooperation, says To Lam https://cassette.sphdigital.com.sg/image/businesstimes/fbf7b6478cd9997b7ff9ba189958c22f3f84856688571ffad891ee9df50dc7dd (From left) Vietnam's Minister of Science and Technology, Vu Hai Quan; Vietnam's Communist Party chief and state President To Lam; Singapore’s Minister for Manpower and Minister-in-charge of Energy and Science and Technology, Tan See Leng; and Vietnam's Foreign Minister Le Hoai Trung at the Vietnam-Singapore Tech Connect Forum. From left: Vietnam's Minister of Science and Technology, Vu Hai Quan; Vietnam's Communist Party chief and state President To Lam; Singapore’s Minister for Manpower and Minister-in-charge of Energy and Science and Technology, Tan See Leng; and Vietnam's Foreign Minister Le Hoai Trung at the Vietnam-Singapore Tech Connect Forum. https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-may-292 The Business Times en 2026-05-29T18:17:01+08:00 Daily Debrief: What Happened Today (May 29) https://cassette.sphdigital.com.sg/image/businesstimes/9606d0242bb93ce3d74b485960b32115351fdb0b904a050a25db6c3b6cff9b4e Seatrium also completed 46 vessel repairs and upgrades during the quarter, comprising one floating storage regasification unit (FSRU) conversion, five liquefied natural gas carriers, seven cruise vessels, 10 offshore vessels, and four naval vessels. More than 95% of Seatrium's net order book comprises "series-build" projects. https://www.businesstimes.com.sg/international/taiwan-brokerages-seek-us1-4-billion-loans-adding-rush The Business Times en 2026-05-29T18:08:58+08:00 Taiwan brokerages seek US$1.4 billion of loans, adding to rush https://cassette.sphdigital.com.sg/image/businesstimes/7c8b765393d57a55e20b1515934e1e58b2e91128d201b306c6f3cf1a1fd0014c Taiwan's stock market has been made the fifth largest in the world by the AI boom boosting tech companies. Taiwan's stock market has been made the fifth largest in the world by the AI boom boosting tech companies. https://www.businesstimes.com.sg/lifestyle/world-cup-swansong-argentinas-messi-go-full-throttle-retain-crown The Business Times en 2026-05-29T18:05:01+08:00 In World Cup swansong, Argentina’s Messi to go full throttle to retain crown https://cassette.sphdigital.com.sg/image/businesstimes/a426155c9734e7d5e67db0c77ba38c7561032df06da1879e49af41b1bed4cefb Lego designer Freddy Charters holding up a minifigure of Lionel Messi in Billund, Denmark. Argentina's captain, who will turn 39 in a few weeks’ time, is facing a race against time to recover from a hamstring injury. Lego designer Freddy Charters holding up a minifigure of Lionel Messi in Billund, Denmark. Argentina's captain, who will turn 39 in a few weeks’ time, is facing a race against time to recover from a hamstring injury. https://www.businesstimes.com.sg/companies-markets/banking-finance/bank-englands-bailey-says-allowing-inflation-run-above-target-appropriate The Business Times en 2026-05-29T18:04:21+08:00 Bank of England’s Bailey says allowing inflation to run above target is appropriate https://cassette.sphdigital.com.sg/image/businesstimes/3f00993618260abe321f4f6beb9dfaefac7cdfb1c980e778fd7bc9057d32ebbf Bank of England Governor Andrew Bailey have previously signalled they are in no rush to raise borrowing costs. Bank of England Governor Andrew Bailey have previously signalled they are in no rush to raise borrowing costs. https://www.businesstimes.com.sg/lifestyle/2026-maxus-mifa-9-review-what-drive-when-wife-happens The Business Times en 2026-05-29T18:00:00+08:00 2026 Maxus Mifa 9 review: What to drive when wife happens https://cassette.sphdigital.com.sg/image/businesstimes/bb704c7b5e094a634db28bd7de47344aa54486d367a0c8b08ba5b342e9d14912 The Mifa 9 has a full-width LED light bar across the face that links the headlamps. The Mifa 9 has a full-width LED light bar across the face that links the headlamps. https://www.businesstimes.com.sg/property/shanda-co-founder-sells-tanglin-hill-bungalow-s76-million The Business Times en 2026-05-29T17:47:14+08:00 Shanda co-founder sells Tanglin Hill bungalow for S$76 million https://cassette.sphdigital.com.sg/image/businesstimes/eb6d6a5aaa726772f90086e5412849cd9310124091f72b407aaac32bbed30b92 House in Tanglin area The bungalow's transacted price works out to about S$3,169 psf on the freehold land area of 23,979 sq ft. https://www.businesstimes.com.sg/podcasts/ai-fueled-stock-surge-meets-oils-10-drop-energy-crisis-over The Business Times en 2026-05-29T17:46:00+08:00 AI-fueled stock surge meets oil’s 10% drop: Is the energy crisis over? https://cassette.sphdigital.com.sg/image/businesstimes/933458babe7dcf79929b6748003427c401694f7610e6e12002308e403a898687 How solid is the recent surge in global stock markets? How solid is the recent surge in global stock markets? https://www.businesstimes.com.sg/international/hong-kong-planning-tax-cuts-bonus-pay-lure-top-fund-managers-sources The Business Times en 2026-05-29T17:39:59+08:00 Hong Kong planning tax cuts on bonus pay to lure top fund managers: sources https://cassette.sphdigital.com.sg/image/businesstimes/af90539f5329f51cb11cc0d1147c35bef17c5faf81017e8a656c7637dde0882a Hong Kong has overtaken Switzerland as the world’s top cross-border wealth hub, in a ranking published by Boston Consulting Group. Hong Kong has overtaken Switzerland as the world’s top cross-border wealth hub, in a ranking published by Boston Consulting Group.