https://www.businesstimes.com.sg/wealth/wealth-investing/why-conversations-about-advance-care-planning-are-boon The Business Times en 2026-06-05T15:00:00+08:00 Why conversations about Advance Care Planning are a boon https://cassette.sphdigital.com.sg/image/businesstimes/71e79dafc01130a499eecdd8335edb8e39f04a03e8408ce0b2cc4fbd47e17ce6 Advance Care Planning helps your loved ones, caregivers and healthcare team act in your best interests if you cannot make decisions or speak for yourself. Advance Care Planning helps your loved ones, caregivers and healthcare team act in your best interests if you cannot make decisions or speak for yourself. https://www.businesstimes.com.sg/international/asean/our-moat-our-people-gxbank-ceo-backs-passion-driven-teams-serve-malaysias-underserved The Business Times en 2026-06-05T14:46:56+08:00 ‘Our moat is our people’ GXBank CEO backs passion-driven teams to serve Malaysia’s underserved https://cassette.sphdigital.com.sg/image/businesstimes/3ba6504465312b7d84897df9af10d1cce06c8b91072b12ed1c3f3fc38169a234 GXBank CEO Kaushik Chowdhury believes the Malaysian digital bank could achieve profitability by June 2027 GXBank CEO Kaushik Chowdhury believes the Malaysian digital bank could achieve profitability by June 2027. https://www.businesstimes.com.sg/opinion-features/features/football-frenzy-beautiful-game-descends-north-america The Business Times en 2026-06-05T14:30:00+08:00 Football frenzy: The Beautiful Game descends on North America https://cassette.sphdigital.com.sg/image/businesstimes/4c209626a55ecd42f3d9a9fefbe10309b71edab72a9ab865ad804e990be00ddf After more than 900 qualifying matches held over 30 months and involving 206 nations, it’s time for the final 48 teams to fan out across North America for this final battle. The World Cup will kick off after more than 900 qualifying matches involving 206 nations were held over 30 months. https://www.businesstimes.com.sg/international/global/banks-curb-china-trips-delay-events-after-cross-border-scrutiny The Business Times en 2026-06-05T14:18:04+08:00 Banks curb China trips, delay events after cross-border scrutiny https://cassette.sphdigital.com.sg/image/businesstimes/803a9384145212baad9780ccaacb4de4de5f6d923b4165010bdf8e92c9975f3d Mainland residents have long used Hong Kong’s financial system to bypass Beijing’s strict capital controls. Mainland residents have long used Hong Kong’s financial system to bypass Beijing’s strict capital controls. https://www.businesstimes.com.sg/property/lian-beng-groups-ong-family-members-pick-two-bungalows-belmont-road-s60-million The Business Times en 2026-06-05T13:57:45+08:00 Lian Beng Group’s Ong family members pick up two bungalows in Belmont Road for S$60 million https://cassette.sphdigital.com.sg/image/businesstimes/02dedb2792f1c13fc84300e2d132570f50633c84a68d269553376210d08a152f A pair of bungalows in Belmont Road in Singapore is being sold for a total of S$60 million.. The pair of freehold bungalows in Belmont Road will be torn down by the Ong family members to build new houses. https://www.businesstimes.com.sg/opinion-features/what-can-india-do-stop-capital-flight The Business Times en 2026-06-05T13:30:00+08:00 What can India do to stop the capital flight? https://cassette.sphdigital.com.sg/image/businesstimes/450ceb4b21d8e5434cd30cfa4dbd9fe35e99cad0ad5dcc6abc61cc67c78f16e0 Low Indian rates are at the heart of the weak-rupee problem. Low Indian rates are at the heart of the weak-rupee problem. https://www.businesstimes.com.sg/companies-markets/banking-finance/talent-fight-heats-india-finance-hub-dbs-standard-chartered-chiefs-quit The Business Times en 2026-06-05T13:27:33+08:00 Talent fight heats up in India finance hub as DBS, Standard Chartered chiefs quit https://cassette.sphdigital.com.sg/image/businesstimes/016a34c49dc5fcf09dd7af0d51a3ca1ce58622b1922892e4c7ad8ece7a69d614 Gift City has increasingly drawn business from Asia’s more established financial centres such as Hong Kong and Singapore. Gift City has increasingly drawn business from Asia’s more established financial centres such as Hong Kong and Singapore. https://www.businesstimes.com.sg/international/thailands-inflation-unexpectedly-eases-remains-target-range The Business Times en 2026-06-05T13:05:47+08:00 Thailand’s inflation unexpectedly eases, remains in target range https://cassette.sphdigital.com.sg/image/businesstimes/351822c8dbbe94d3df34e2fc01e6429ab22c0bf59143fc11d070269fc62b6241 The Bank of Thailand has consistently argued that the increase in prices is temporary and has signalled a willingness to look through any near-term inflation spike. The Bank of Thailand has consistently argued that the increase in prices is temporary and has signalled a willingness to look through any near-term inflation spike. https://www.businesstimes.com.sg/singapore/economy-policy/singapore-retail-sales-5-4-april-surpassing-forecasts The Business Times en 2026-06-05T12:57:39+08:00 Singapore retail sales up 5.4% in April, surpassing forecasts https://cassette.sphdigital.com.sg/image/businesstimes/700cd611a6f775e9ce4be13701ec680d14385aac60642ebaa7fb4a4d211e20d2 On a seasonally adjusted, month-on-month basis, retail sales rose 0.3% in April, easing from March’s 3.4% expansion. On a seasonally adjusted, month-on-month basis, retail sales rose 0.3% in April, easing from March’s 3.4% expansion. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/japan-warns-decisive-action-defend-yen-fx-reserves-tumble The Business Times en 2026-06-05T12:32:56+08:00 Japan warns of ‘decisive action’ to defend yen as FX reserves tumble https://cassette.sphdigital.com.sg/image/businesstimes/c80fba85b2500efa6363d3e32f89d9970eb7ae12d30e400c87d58dea7ced3452 Finance minister says Japan can take decisive action under joint statement with US. Finance minister says Japan can take decisive action under joint statement with US. https://www.businesstimes.com.sg/international/chinas-xi-visit-north-korea-jun-8-9-beijing-seeks-cosier-ties-pyongyang The Business Times en 2026-06-05T12:07:31+08:00 China’s Xi to visit North Korea from Jun 8 to 9 as Beijing seeks cosier ties with Pyongyang https://cassette.sphdigital.com.sg/image/businesstimes/066e2ac85916ebd712a4ca0ac111d63523c4b057ecb8e1a03a6aa2bf6ddedeeb North Korean's Kim (left) was a guest at a military parade in Beijing in September 2025. North Korean's Kim (left) was a guest at a military parade in Beijing in September 2025. https://www.businesstimes.com.sg/companies-markets/cto-ceo-anext-bank-taps-financing-ai-hardware-grow-sme-lending The Business Times en 2026-06-05T11:58:16+08:00 From CTO to CEO: Anext Bank taps financing AI hardware to grow SME lending https://cassette.sphdigital.com.sg/image/businesstimes/8fc48e868475075239225e54cf198c5829ebefd800c62cfa7614a19f49ff65bb Anext's Qiu sees opportunities to deepen collaboration within the Ant International ecosystem, both to enhance services and acquire inbound customers. Anext's Qiu sees opportunities to deepen collaboration within the Ant International ecosystem, both to enhance services and acquire inbound customers. https://www.businesstimes.com.sg/international/us-house-backs-russia-sanctions-and-ukraine-aid-latest-blow-trump The Business Times en 2026-06-05T11:56:17+08:00 US House backs Russia sanctions and Ukraine aid in latest blow to Trump https://cassette.sphdigital.com.sg/image/businesstimes/734ea7925ddca4f3788f3fd709251d21c1d56a23e3236247254af68835d121e7 The House voted 226 to 195 for the Ukraine Support Act, which reached the floor after languishing for months. The House voted 226 to 195 for the Ukraine Support Act, which reached the floor after languishing for months. https://www.businesstimes.com.sg/international/asean/malaysia-pm-anwar-facing-crucial-test-support-two-states-call-early-elections The Business Times en 2026-06-05T11:50:59+08:00 Malaysia PM Anwar facing crucial test of support as two states call early elections https://cassette.sphdigital.com.sg/image/businesstimes/803de34758db9a38cc41cbf102225828c0daf3dfb0802136f7b082966d71efea Malaysian Prime Minister Anwar Ibrahim arrives at Mactan-Benito Ebuen Air Base ahead of the 48th ASEAN Summit and Related Meetings in Cebu, Philippines, May 7, 2026. Ezra Acayan/Pool via REUTERS Anwar has also come under pressure from the once-dominant UMNO, which is part of Barisan, over its push for a royal pardon for former prime minister Najib Razak. https://www.businesstimes.com.sg/international/asean/new-us-tariff-exemptions-will-provide-growth-stimulus-indonesia-minister-says The Business Times en 2026-06-05T11:21:09+08:00 New US tariff, exemptions will provide growth stimulus for Indonesia, minister says https://cassette.sphdigital.com.sg/image/businesstimes/37e2446a169f6840c4909c9a4483182525df4f338b9784b12381d4b5c5a86eac Airlangga Hartarto expects copper cathode exports from Freeport Indonesia to be exempted from the US tariff Section 232. Airlangga Hartarto expects copper cathode exports from Freeport Indonesia to be exempted from the US tariff Section 232. https://www.businesstimes.com.sg/international/asean/tumbling-stocks-sinking-rupiah-sell-indonesia-sweeps-trading-desks-prabowo-tightens-grip The Business Times en 2026-06-05T10:51:26+08:00 Tumbling stocks, sinking rupiah: ‘Sell Indonesia’ sweeps trading desks as Prabowo tightens grip https://cassette.sphdigital.com.sg/image/businesstimes/1adc1baafa1d2d8c17fe93325183fc4e407c009f547a31b55be8d066c22701ad Global investors are unnerved by the more populist and interventionist agenda that Indonesian President Prabowo Subianto has been pursuing. Global investors are unnerved by the more populist and interventionist agenda that Indonesian President Prabowo Subianto has been pursuing. https://www.businesstimes.com.sg/companies-markets/transport-logistics/china-speeds-past-japan-australian-car-imports-ev-bonanza The Business Times en 2026-06-05T10:47:35+08:00 China speeds past Japan in Australian car imports on EV bonanza https://cassette.sphdigital.com.sg/image/businesstimes/3bfe28200b91ac5ebc02f9f1c8f08ad8fb8edc92e68c574c2f3f15da6dde1444 BYD’s momentum is likely to continue, with the firm this month using one of its own car-carriers for the first time to ship almost 5,000 EVs to Australia. BYD’s momentum is likely to continue, with the firm this month using one of its own car-carriers for the first time to ship almost 5,000 EVs to Australia. https://www.businesstimes.com.sg/international/asean/vingroups-shares-surge-1000-overtake-regional-heavyweights-including-singtel-and-jd-com The Business Times en 2026-06-05T10:06:54+08:00 Vingroup’s shares surge 1,000% to overtake regional heavyweights including Singtel and JD.com https://cassette.sphdigital.com.sg/image/businesstimes/a803661a16fca8924e1c3c01143ba100ec5fef7eac1b75ecaf4c01e08de145e1 Vinhomes’ growth may also underscore the broader economic trajectory in Vietnam, where GDP expanded 7.8% in the first quarter. Vinhomes’ growth may also underscore the broader economic trajectory in Vietnam, where GDP expanded 7.8% in the first quarter. https://www.businesstimes.com.sg/companies-markets/transport-logistics/qantas-weighs-order-20-boeing-or-airbus-wide-body-jets-sources-say The Business Times en 2026-06-05T09:44:30+08:00 Qantas weighs order for 20 Boeing or Airbus wide-body jets, sources say https://cassette.sphdigital.com.sg/image/businesstimes/1c709d5d9c82191a12c5fe7066fe32cd9ab69db60cec00e7d2c269bc5835c7e8 Qantas operates some 128 jets and is in the middle of a fleet renewal programme involving 200 aircraft. Qantas operates some 128 jets and is in the middle of a fleet renewal programme involving 200 aircraft. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/south-korean-stocks-slide-cracks-emerge-world-beating-rally The Business Times en 2026-06-05T09:22:48+08:00 South Korean stocks slide as cracks emerge in world-beating rally https://cassette.sphdigital.com.sg/image/businesstimes/182954e1715d1eac36405dacc7358d4ed3c028b0ccded5ff6b8ab3abc6fa3541 Retail participation is also losing some steam, while surging margin loans face the risk of a Bank of Korea rate hike. Retail participation is also losing some steam, while surging margin loans face the risk of a Bank of Korea rate hike. https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-steadies-uncertainty-surrounds-progress-us-iran-talks The Business Times en 2026-06-05T08:51:14+08:00 Gold steadies as uncertainty surrounds progress in US-Iran talks https://cassette.sphdigital.com.sg/image/businesstimes/81df9bc74dc029f8a32bf192e91da4233bab15b6562e7c45c81a6e3b92728e06 Gold has lost about 15% since the start of the conflict in late February and has traded in a narrow band in the last few weeks. Gold has lost about 15% since the start of the conflict in late February and has traded in a narrow band in the last few weeks. https://www.businesstimes.com.sg/companies-markets/civmec-order-book-hits-record-s1-5-billion-new-resources-infrastructure-projects The Business Times en 2026-06-05T08:42:18+08:00 Civmec order book hits record S$1.5 billion on new resources, infrastructure projects https://cassette.sphdigital.com.sg/image/businesstimes/176468a2ad8d37d3abae14dfbf1bfa50a4c0511349a426f78cbeaf654c2b17a2 Mainboard-listed Civmec Limited, as part of the Amec Foster Wheeler Civmec JV (ACJV), has been awarded an engineering, procurement and construction contract for the Gruyere Gold Project in Western Australia. The new order book wins span its resources, infrastructure, energy and maintenance activities. https://www.businesstimes.com.sg/companies-markets/stocks-watch-cdl-ireit-civmec The Business Times en 2026-06-05T08:36:53+08:00 Stocks to watch: CDL, IReit, Civmec https://cassette.sphdigital.com.sg/image/businesstimes/2fb1a45fbefb18288bd48c0c60fc8aa15060a503e240885edfa05f99ab4a25d7 CDL on Friday announced the successful completion of its off-market equal access offer for its non-redeemable convertible non-cumulative preference shares, achieving a full 100 per cent take-up rate. CDL announces a 100% take-up rate for the buyback offer for 24,120,733 preference shares. https://www.businesstimes.com.sg/international/global/us-iran-ceasefire-talks-stall-after-hizbollah-rejects-lebanon-israel-truce The Business Times en 2026-06-05T08:14:54+08:00 US-Iran ceasefire talks stall after Hizbollah rejects Lebanon-Israel truce https://cassette.sphdigital.com.sg/image/businesstimes/4e0e57bab89f487ac4fafd38f0d14e0059c36236a3baf9d9716f4196be9b863a An Israeli air strike lands in front of Beaufort Castle in Lebanon on Jun 4. Hizbollah has refused to abide by the conditions of a ceasefire announced by the US State Department. An Israeli air strike lands in front of Beaufort Castle in Lebanon on Jun 4. Hizbollah has refused to abide by the conditions of a ceasefire announced by the US State Department. https://www.businesstimes.com.sg/companies-markets/banking-finance/kpmg-australia-fallout-widens-rba-pension-reassess The Business Times en 2026-06-05T07:38:42+08:00 KPMG Australia fallout widens as RBA, pension reassess https://cassette.sphdigital.com.sg/image/businesstimes/c005aef4d40565db2c26d82b709fd1a06bd5b72860fc3458beb088c51c7bb760 KPMG is used in Australia’s A$4.5 trillion pension system for a range of services, and produces annual analysis on the industry. KPMG is used in Australia’s A$4.5 trillion pension system for a range of services, and produces annual analysis on the industry. https://www.businesstimes.com.sg/opinion-features/iran-conflict-prompting-historic-shift-aseans-energy-strategy The Business Times en 2026-06-05T07:00:00+08:00 The Iran conflict is prompting a historic shift in Asean’s energy strategy https://cassette.sphdigital.com.sg/image/businesstimes/950b3ae603804701b3447bb588831a476477a1ee4d846c1005b962a958cf3d8b Asean is forecast to spend around US$57 billion on renewables, grids and end-use sectors in 2026 – a record high. Asean is forecast to spend around US$57 billion on renewables, grids and end-use sectors in 2026 – a record high. https://www.businesstimes.com.sg/companies-markets/world-cup-lull-could-be-investors-chance-score-sgx-stocks-dbs The Business Times en 2026-06-05T07:00:00+08:00 World Cup lull could be investors’ chance to score SGX stocks: DBS  https://cassette.sphdigital.com.sg/image/businesstimes/20854eae7a3ab3e3787c30aab0a8f5a31a1d53dc908d7a6beb1f3c25434a1a92 The global football tournament has historically coincided with weaker trading activity on the SGX, creating opportunities to accumulate shares ahead of a rebound in market participation. The global football tournament has historically coincided with weaker trading activity on the SGX. https://www.businesstimes.com.sg/international/ukraines-zelensky-proposes-peace-talks-letter-putin The Business Times en 2026-06-05T06:54:53+08:00 Ukraine’s Zelensky proposes peace talks in letter to Putin https://cassette.sphdigital.com.sg/image/businesstimes/b640557e3b048620c8a90c799dcfb8b0c583d5f77caa821f2bff49aa4433353c “Ukraine is ready for a full ceasefire for the duration of the negotiations,” Zelenskiy says. “Ukraine is ready for a full ceasefire for the duration of the negotiations,” Ukrainian President Volodymyr Zelensky says. https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-dips-after-israel-lebanon-ceasefire-even-clashes-persist The Business Times en 2026-06-05T06:21:23+08:00 Oil dips after Israel-Lebanon ceasefire even as clashes persist https://cassette.sphdigital.com.sg/image/businesstimes/344248c7972931ed162e6ce5873241df4b88a26e2b397085fa602045c0d11509 Oil prices gained earlier this week on signs that global supply buffers are shrinking. Oil prices gained earlier this week on signs that global supply buffers are shrinking. https://www.businesstimes.com.sg/lifestyle/tudor-rado-and-bell-ross-welcome-summer-splash-colours The Business Times en 2026-06-05T06:00:00+08:00 Tudor, Rado and Bell & Ross welcome summer with a splash of colours https://cassette.sphdigital.com.sg/image/businesstimes/8ed37410c30bb03f5aaaa1430e12d397015274e62e276aa0f3e82dbdc0900a73 The Tudor Black Bay Chrono 39 "Bumblebee" sits alongside its "Pink" and "Flamingo Blue" cousins. The Tudor Black Bay Chrono 39 "Bumblebee" draws on the colourful chronographs that have appeared throughout the watchmaker’s history. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/dow-claims-record-closing-high-sp-500-advances-chip-sell-weighs-nasdaq The Business Times en 2026-06-05T05:55:50+08:00 Dow claims record closing high, S&P 500 advances; chip sell-off weighs on Nasdaq https://cassette.sphdigital.com.sg/image/businesstimes/d1daf1e5594b20a6786cf08ce0c4b4e09ddc04f97bb18a899848b56a4911c320 Among the 11 major sectors of the S&P 500, healthcare and financial stocks boasted the biggest percentage gains, while technology shares were the biggest laggards. Among the 11 major sectors of the S&P 500, healthcare and financial stocks boasted the biggest percentage gains, while technology shares were the biggest laggards. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-rise-oil-slips-investors-watch-middle-east The Business Times en 2026-06-05T05:39:33+08:00 European shares rise as oil slips, investors watch Middle East https://cassette.sphdigital.com.sg/image/businesstimes/74ee07b2f87a5be272f2db3708c7fd2a984aba1f904c255c20c9a23ad309f4a9 Persistent price pressures have led markets to price in a 25-basis-point rate hike by the European Central Bank at next week’s meeting, according to LSEG data. Persistent price pressures have led markets to price in a 25-basis-point rate hike by the European Central Bank at next week’s meeting, according to LSEG data. https://www.businesstimes.com.sg/companies-markets/boardroom-matters/climate-risks-volatile-times The Business Times en 2026-06-05T05:00:00+08:00 Climate risks in volatile times https://cassette.sphdigital.com.sg/image/businesstimes/d9eb59768af9296e1067a52f3bb1caaf90612c006fa25ef1ffd5656c438baae1 Firms building strong climate data and capabilities now will navigate future shocks with confidence. Firms building strong climate data and capabilities now will navigate future shocks with confidence. https://www.businesstimes.com.sg/podcasts/ai-adoption-pain-points-payoffs-and-where-start The Business Times en 2026-06-05T05:00:00+08:00 AI adoption: pain points, payoffs and where to start https://cassette.sphdigital.com.sg/image/businesstimes/d542ca04b345ae6b09e88f233f7917c9ad62999055efaf5b19e6c9660ec39366 From right: Kwek So Cheer of PwC Singapore; Dr Ng Chin Siau of Q & M Dental Group; Tan Kiat How, Senior Minister of State, Ministry of Digital Development and Information & Ministry of Health; and Claressa Monteiro of The Business Times. From right: Kwek So Cheer of PwC Singapore; Dr Ng Chin Siau of Q & M Dental Group; Tan Kiat How, Senior Minister of State, Ministry of Digital Development and Information & Ministry of Health; and Claressa Monteiro of The Business Times. https://www.businesstimes.com.sg/property/fuji-medias-real-estate-unit-attracts-1-trillion-yen-bids The Business Times en 2026-06-04T23:24:27+08:00 Fuji Media’s real estate unit attracts 1 trillion yen bids https://cassette.sphdigital.com.sg/image/businesstimes/5e54463370f0410c67e39a712be622bf262db9dc36165a4e259e95a28ae6cfc8 Fuji Media is set to take the unusual step of re-opening the first round of bidding for its real estate subsidiary to allow more time to evaluate the offers. Fuji Media is set to take the unusual step of re-opening the first round of bidding for its real estate subsidiary to allow more time to evaluate the offers. https://www.businesstimes.com.sg/international/asean/indonesian-market-rout-deepens-prabowo-policy-risks-mount The Business Times en 2026-06-04T22:50:20+08:00 Indonesian market rout deepens as Prabowo policy risks mount https://cassette.sphdigital.com.sg/image/businesstimes/161296417f772d507c12ad2da957a669467679dbbadfd1ef8265fe02606a8c01 The sell-off is “mainly driven by rupiah weakness hitting record lows and pressure from a softer trade balance, especially with higher oil imports”, said Felix Darmawan, an analyst at BCA Sekuritas. The sell-off is “mainly driven by rupiah weakness hitting record lows and pressure from a softer trade balance, especially with higher oil imports”, said Felix Darmawan, an analyst at BCA Sekuritas. https://www.businesstimes.com.sg/international/global/deals-deal-economies-capped-us-tariffs-ustr-greer-says The Business Times en 2026-06-04T22:12:58+08:00 ‘Deal’s a deal’ for economies with capped US tariffs, USTR Greer says https://cassette.sphdigital.com.sg/image/businesstimes/f4e7f7439e4dd97795bdcf9913a356fbcf45625c78d3a648292177f77bcc155f A separate, ongoing 301 probe into industrial overcapacity is “a matter of weeks” from completion, US Trade Representative Jamieson Greer said. A separate, ongoing 301 probe into industrial overcapacity is “a matter of weeks” from completion, US Trade Representative Jamieson Greer said. https://www.businesstimes.com.sg/international/us-jobless-claims-rise-holiday-week-most-february The Business Times en 2026-06-04T22:12:48+08:00 US jobless claims rise in holiday week to most since February https://cassette.sphdigital.com.sg/image/businesstimes/c97b8f4f0c99060f88da3d360a8801efab6dae4aae86d800c3f37b3b87166c89 Separate government data showed a sharper slowdown in labour productivity in the first quarter than previously estimated. Separate government data showed a sharper slowdown in labour productivity in the first quarter than previously estimated. https://www.businesstimes.com.sg/companies-markets/sp-500-nasdaq-slide-open-broadcom-revenue-miss-dents-chip-stocks The Business Times en 2026-06-04T21:46:04+08:00 S&P 500, Nasdaq slide at open as Broadcom revenue miss dents chip stocks https://cassette.sphdigital.com.sg/image/businesstimes/10be08efccc81b221b80d0ad985dc81ad504f2dbf0f8aa1e39cc32c68d806fde The Dow Jones Industrial Average rose 299 points, or 0.59 per cent, at Thursday's open to 50,986.1. The Dow Jones Industrial Average rose 299 points, or 0.59 per cent, at Thursday's open to 50,986.1. https://www.businesstimes.com.sg/companies-markets/energy-commodities/bitcoin-has-longest-losing-streak-august-bruising-week The Business Times en 2026-06-04T21:33:42+08:00 Bitcoin has longest losing streak since August in bruising week https://cassette.sphdigital.com.sg/image/businesstimes/7b00b899804a6826c027d25b0306b27c415c728aff36d283a638e90ddebb5e9f Bitcoin fell for the fifth straight day on Thursday (Jun 4), tumbling as low as US$61,322 before recouping some losses. Bitcoin fell for the fifth straight day on Thursday (Jun 4), tumbling as low as US$61,322 before recouping some losses. https://www.businesstimes.com.sg/international/asean/chinese-buyers-scoop-indonesian-palm-oil-export-revamp The Business Times en 2026-06-04T20:49:10+08:00 Chinese buyers scoop up Indonesian palm oil before export revamp https://cassette.sphdigital.com.sg/image/businesstimes/213fe19fbe73bef54e7b7146e1e30f995b82533608a4adbfd5ac562f285175fb While there has been a spike in Indonesian exports in the short term, traders and investors remain cautious about the eventual impact of Jakara’s new system. While there has been a spike in Indonesian exports in the short term, traders and investors remain cautious about the eventual impact of Jakara’s new system. https://www.businesstimes.com.sg/international/global/proposed-12-5-tariff-could-affect-one-third-singapore-exports-mti-rejects-us-claim-forced-labour The Business Times en 2026-06-04T20:33:04+08:00 Proposed 12.5% tariff could affect one-third of Singapore exports; MTI rejects US claim of forced labour links https://cassette.sphdigital.com.sg/image/businesstimes/8bb162fb3b79ee1711aa52aa725df980916a126a76f59321efc39acd98c02cc5 In 2025, Singapore exported S$27 billion worth of NODX to the US. In 2025, Singapore exported S$27 billion worth of NODX to the United States. https://www.businesstimes.com.sg/companies-markets/transport-logistics/singapore-airlines-talks-major-new-jet-order-sources The Business Times en 2026-06-04T20:32:25+08:00 Singapore Airlines in talks for major new jet order: sources https://cassette.sphdigital.com.sg/image/businesstimes/13b2517918221d6120ff0384bd32aeaa037b238ac7caa597d63474aedb6d9d55 SIA is one of the largest buyers of long-haul jets, with a reputation for meticulous and closely held aircraft negotiations that can influence fleet decisions worldwide. SIA is one of the largest buyers of long-haul jets, with a reputation for meticulous and closely held aircraft negotiations that can influence fleet decisions worldwide. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-dollar-slips-two-month-high-amid-iran-talks-yen-trades-near-160 The Business Times en 2026-06-04T20:28:36+08:00 US dollar slips from two-month high amid Iran talks, yen trades near 160 https://cassette.sphdigital.com.sg/image/businesstimes/6727d8c47ead9e509ffdfa20de6b759993211254b5b241faea3d7b07775655ab The Japanese yen fetches 159.81 per dollar, rising from lows on Wednesday that pushed it past the 160-per-dollar mark for the first time since Apr 30. The Japanese yen fetches 159.81 per dollar, rising from lows on Wednesday that pushed it past the 160-per-dollar mark for the first time since Apr 30. https://www.businesstimes.com.sg/property/jaleel-familys-jd-properties-buys-2-australian-hotels-100m The Business Times en 2026-06-04T20:25:38+08:00 Jaleel family’s JD Properties buys 2 Australian hotels for A$100m https://cassette.sphdigital.com.sg/image/businesstimes/fcbd656b103f3b1f308adefa8e46f50fc6de210ed679ea4b6b823945fb6f9035 The transactions mark a a significant ramp-up in the group's exposure to Australia’s hospitality sector. The transactions mark a a significant ramp-up in the group's exposure to Australia’s hospitality sector. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/ceo-jamie-dimon-pitch-jpmorgans-ultra-rich-clients-spacex-ipo The Business Times en 2026-06-04T20:03:16+08:00 CEO Jamie Dimon to pitch JPMorgan’s ultra-rich clients on SpaceX IPO https://cassette.sphdigital.com.sg/image/businesstimes/361abcd4274aa62c42ffe4796819c5f44feb5a84f1e4903fe576587ac574f32c Jamie Dimon, CEO of JPMorgan Chase, will host an event that is simulcast to about 90 JPMorgan locations across 26 states. Jamie Dimon, CEO of JPMorgan Chase, will host an event that is simulcast to about 90 JPMorgan locations across 26 states. https://www.businesstimes.com.sg/companies-markets/banking-finance/futu-suspend-chinese-mainland-investors-adding-new-positions The Business Times en 2026-06-04T19:57:32+08:00 Futu to suspend Chinese mainland investors from adding new positions https://cassette.sphdigital.com.sg/image/businesstimes/4bc86c7a731272b40a109fc01b9e25bfa7541a97d346fb9ddbb9d0fb94e8554b The Chinese regulator penalised 3 online brokers including Futu for conducting securities business services in China without regulatory approval or licence and confiscate all their illegal gains. China penalised 3 online brokers including Futu for operating without a licence, confiscating all illegal gains from their securities business. https://www.businesstimes.com.sg/companies-markets/banking-finance/hsbc-aia-prudential-shares-slide-after-report-hong-kong-bank-account-curbs The Business Times en 2026-06-04T19:40:11+08:00 HSBC, AIA, Prudential shares slide after report of Hong Kong bank account curbs https://cassette.sphdigital.com.sg/image/businesstimes/94f1cb9ee99d1a88550046516f2ea3a5206964d250d1168ffeff100ef13edb94 HSBC has warned that all funds deposited into investment accounts must comply with Hong Kong’s regulatory requirements. HSBC has warned that all funds deposited into investment accounts must comply with Hong Kong’s regulatory requirements. https://www.businesstimes.com.sg/international/asean/bruneis-sultan-announces-cabinet-shake-appoints-sons-ministers The Business Times en 2026-06-04T19:17:32+08:00 Brunei’s sultan announces Cabinet shake-up, appoints sons as ministers https://cassette.sphdigital.com.sg/image/businesstimes/0631d5676c6f9441d963fd913cba624e9be7496befcb98aaf9078ebb9a565eb9 Sultan Hassanal Bolkiah said he would continue to hold the key roles of prime minister, defence minister and finance minister. Sultan Hassanal Bolkiah said he would continue to hold the key roles of prime minister, defence minister and finance minister. https://www.businesstimes.com.sg/companies-markets/sti-constituents-unchanged-june-review-first-resources-olam-join-reserve-list The Business Times en 2026-06-04T19:01:27+08:00 STI constituents unchanged in June review; First Resources, Olam join reserve list https://cassette.sphdigital.com.sg/image/businesstimes/665393808e44cc1f546eee66022ff1b169c0b0b6dab308b5c539a3957d0ae30a The five companies on the STI reserve list will be First Resources, Keppel Reit, Olam Group, Sheng Siong Group and Suntec Reit. The five companies on the STI reserve list will be First Resources, Keppel Reit, Olam Group, Sheng Siong Group and Suntec Reit. https://www.businesstimes.com.sg/international/asean/thailands-richest-man-plans-140-billion-baht-expansion-amid-ai-boom The Business Times en 2026-06-04T18:48:31+08:00 Thailand’s richest man plans 140 billion baht expansion amid AI boom https://cassette.sphdigital.com.sg/image/businesstimes/defe9ecb6d8f0eeccce0836be46ba5e294b63437001f59f731e1ed4c4ea55ac5 Sarath Ratanavadi has a net worth of about US$12.9 billion. Sarath Ratanavadi has been steering the company into new areas including digital infrastructure, virtual banking and AI-related services. https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-jun-42 The Business Times en 2026-06-04T18:43:29+08:00 Daily Debrief: What Happened Today (Jun 4) https://cassette.sphdigital.com.sg/image/businesstimes/6bcd04648d1b59a83a9481d2170a3977bc510c75ab08cd2b240c3c94d7d4dace Marco Polo Marine shifted its focus from oil and gas companies to merchant vessels as shipping boomed amid the Covid-19 pandemic. Marco Polo Marine shifted its focus from oil and gas companies to merchant vessels as shipping boomed amid the Covid-19 pandemic. https://www.businesstimes.com.sg/singapore/commercial-vehicle-coe-likely-breach-s100000-mainstream-car-premiums-remain-elevated The Business Times en 2026-06-04T18:33:04+08:00 Commercial vehicle COE likely to breach S$100,000; mainstream car premiums to remain elevated https://cassette.sphdigital.com.sg/image/businesstimes/f645fa0f5c1bc6e57bd7c1bd61039de27e31c493963c2fbc96974e85e35c16f6 Demand for heavy electric trucks, such as this BYD T35, has been turbocharged by incentives introduced at the start of 2026. Such vehicles use Category C COEs. Demand for heavy electric trucks, such as this BYD T35, has been turbocharged by incentives introduced at the start of 2026. https://www.businesstimes.com.sg/companies-markets/singapore-stocks-retreat-bank-sell-snaps-stis-two-day-winning-streak The Business Times en 2026-06-04T18:27:57+08:00 Singapore stocks retreat as bank sell-off snaps STI’s two-day winning streak https://cassette.sphdigital.com.sg/image/businesstimes/90d328bbbcc7ba5a5ad9525550ba33a6970b8837d261d6024a9053c11afb4e5a Across the broader market, losers outnumbered gainers 386 to 207. Across the broader market, losers outnumber gainers 386 to 207. https://www.businesstimes.com.sg/thrive/career-guide/not-everyone-hungry-corner-office The Business Times en 2026-06-04T18:19:03+08:00 Not everyone is hungry for the corner office https://cassette.sphdigital.com.sg/image/businesstimes/7dfdcfb2d939d90f5136a8dc3a4c0e5b64840da4ce7311855d597adf222fc8f9 BT BT https://www.businesstimes.com.sg/lifestyle/billionaire-bill-ackman-sells-1-42-billion-euro-universal-music-stake-after-failed-takeover The Business Times en 2026-06-04T18:12:13+08:00 Billionaire Bill Ackman sells 1.42 billion-euro Universal Music stake after failed takeover https://cassette.sphdigital.com.sg/image/businesstimes/d24eba4160ddf7736b65a993861b387191de8e49772e733c9f6a3b0f7d7429e3 Pershing Square CEO Bill Ackman proposed acquiring the home of performers such as Taylor Swift and Drake in April in a deal that would have valued Universal Music Group at about 56 billion euros. Pershing Square CEO Bill Ackman proposed acquiring the home of performers such as Taylor Swift and Drake in April in a deal that would have valued Universal Music Group at about 56 billion euros. https://www.businesstimes.com.sg/international/asean/mmc-port-approaches-bidders-potential-stake-sale-sources The Business Times en 2026-06-04T18:11:38+08:00 MMC Port approaches bidders for potential stake sale: sources https://cassette.sphdigital.com.sg/image/businesstimes/3713a791037b45d4dc65643fc29960ca6623eeb459f51d6817dd17f8979b12f0 Parent MMC Corporation, which owns 100 per cent of MMC Port Holdings, will sell up to a 30 per cent stake in the port operator in the IPO, the draft prospectus shows. MMC Port operates seven ports along the Strait of Malacca, one of the world’s busiest shipping lanes, according to its website. https://www.businesstimes.com.sg/singapore/ai-needs-work-support-humans-josephine-teo The Business Times en 2026-06-04T18:11:27+08:00 AI needs to ‘work in support of humans’: Josephine Teo https://cassette.sphdigital.com.sg/image/businesstimes/4258e3d6d04a4dd3eb94f9a03c80fa76d1e3fb1540e862f9717362c203d70ced Against a backdrop of growing concerns about AI-driven job cuts globally, Minister of Digital Development and Information Josephine Teo seeks to reassure that Singapore’s approach places people at the centre of AI adoption. Companies across the world have cut jobs while pursuing greater efficiency through AI and automation. https://www.businesstimes.com.sg/lifestyle/travellers-are-spending-us20000-upfront-never-see-bill-holiday The Business Times en 2026-06-04T18:00:00+08:00 Travellers are spending US$20,000 upfront to never see a bill on holiday https://cassette.sphdigital.com.sg/image/businesstimes/05ab78a844c013fb1a34c2773bc41619d85c89001d29884ba9deb8c691e727d6 Mexico’s Riviera Maya is among the places where travellers can find an all-inclusive resort to holiday in. Mexico’s Riviera Maya is among the places where travellers can holiday in an all-inclusive resort. https://www.businesstimes.com.sg/lifestyle/food-drink/casual-cafe-chic-cloudfields-tan-boon-liat The Business Times en 2026-06-04T18:00:00+08:00 Casual cafe chic at Cloudfields in Tan Boon Liat https://cassette.sphdigital.com.sg/image/businesstimes/655cebae7716a62bcd5c24b26b9bcef4427afca06f9b3e69b7a5f63c3a329541 Cloudfields' breezy alfresco space. Cloudfields' breezy alfresco space. https://www.businesstimes.com.sg/property/bank-ceos-press-mamdani-get-more-new-york-housing-built The Business Times en 2026-06-04T17:51:46+08:00 Bank CEOs press Mamdani to get more New York housing built https://cassette.sphdigital.com.sg/image/businesstimes/8d3f964620517e5cfd7a4b90fc8ec1fddf9ac11f5406b8f1b2d49384e15dd31a New York City Mayor Zohran Mamdani last month released a US$22 billion housing plan that aims to build 200,000 new affordable homes. New York City Mayor Zohran Mamdani last month released a US$22 billion housing plan that aims to build 200,000 new affordable homes. https://www.businesstimes.com.sg/opinion-features/us-and-chinas-ai-race-will-define-century The Business Times en 2026-06-04T17:00:00+08:00 The US and China’s AI race will define the century https://cassette.sphdigital.com.sg/image/businesstimes/975cc4d0a6b8172bb3c487dfecb448e688d9c322eb6a79506e833471c3349ee6 The release of DeepSeek-R1 in January 2025 was, for many observers, a demonstration that hardware disadvantage need not mean capability disadvantage. The release of DeepSeek-R1 in January 2025 was, for many observers, a demonstration that hardware disadvantage need not mean capability disadvantage. https://www.businesstimes.com.sg/international/asean/indonesias-sector-stalwarts-are-growing-yet-many-are-disappearing-global-indices The Business Times en 2026-06-04T16:29:41+08:00 Indonesia’s sector stalwarts are growing, yet many are disappearing from global indices https://cassette.sphdigital.com.sg/image/businesstimes/67c2d04112fb6fbc764fda1dd3ba0e21b841142ca670dd26200958bc5713b8ad FILE PHOTO: People sit near an electronic board showing stock market index at the Indonesia Stock Exchange (IDX) in Jakarta, Indonesia, February 2, 2026. REUTERS/Willy Kurniawan/File Photo Market participants warn that the effects of index exclusions can quickly feed through to capital flows and funding costs. https://www.businesstimes.com.sg/singapore/coe-commercial-vehicle-premium-hits-all-time-high-94000-surpassing-previous-record-last-tender The Business Times en 2026-06-04T16:28:38+08:00 COE: Commercial vehicle premium hits all-time high of $94,000, surpassing previous record at last tender https://cassette.sphdigital.com.sg/image/businesstimes/b5a8b596b41069a48366f5e2c57eaf036630d304395a99bf4bb1cc06545fbc29 There is only a S$980 difference between the premiums for Categories A and B. For the Open category (Category E), the premium fell slightly by 0.8%, from S$130,000 to S$129,000. https://www.businesstimes.com.sg/esg/despite-backtracking-climate-commitments-hsbc-says-it-more-ambitious-its-net-zero-strategy The Business Times en 2026-06-04T16:00:00+08:00 Despite backtracking on climate commitments, HSBC says it is ‘more ambitious’ on its net-zero strategy https://cassette.sphdigital.com.sg/image/businesstimes/94f1cb9ee99d1a88550046516f2ea3a5206964d250d1168ffeff100ef13edb94 HSBC has updated its approach, which the bank says is to reflect a significantly changed external landscape since setting its first net-zero targets in 2020. HSBC has updated its approach, which the bank says is to reflect a significantly changed external landscape since setting its first net-zero targets in 2020. https://www.businesstimes.com.sg/companies-markets/banking-finance/boj-expected-raise-interest-rates-june-sources The Business Times en 2026-06-04T15:50:30+08:00 BOJ expected to raise interest rates in June: sources https://cassette.sphdigital.com.sg/image/businesstimes/428c6b4f0af1e65b450cd5c9fdacbcf1daac9a3f7221e024ecff37b0f2ba8dd0 A spike in wholesale inflation has alarmed policymakers over the fast pace at which companies are passing on costs. A spike in wholesale inflation has alarmed policymakers over the fast pace at which companies are passing on costs. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/foxconn-and-intel-team-build-next-gen-ai-systems The Business Times en 2026-06-04T15:48:50+08:00 Foxconn and Intel team up to build next-gen AI systems https://cassette.sphdigital.com.sg/image/businesstimes/b13dd27fd90dbd114b2109530e2179125c4c0bb40fc3841a343e4b1607bf7a10 Foxconn said that the partnership would combine Intel’s chip technology with Foxconn’s manufacturing and system-building expertise. Foxconn said that the partnership would combine Intel’s chip technology with Foxconn’s manufacturing and system-building expertise. https://www.businesstimes.com.sg/companies-markets/energy-commodities/malaysian-palm-oil-exports-face-pressure-indonesias-commodity-export-overhaul The Business Times en 2026-06-04T15:38:11+08:00 Malaysian palm oil exports to face pressure from Indonesia’s commodity export overhaul https://cassette.sphdigital.com.sg/image/businesstimes/98f33e0bee85b616d95c291e5afd424da9b065b99c0fb4b052d0d6e427b4065e Malaysian exports fell 6.2% in May from a month earlier to 1.22 million tonnes, according to a Bloomberg survey. Malaysian exports fell 6.2% in May from a month earlier to 1.22 million tonnes, according to a Bloomberg survey. https://www.businesstimes.com.sg/international/global/global-firms-exploit-indias-ipo-boom-take-profits-back-home-countries The Business Times en 2026-06-04T15:25:56+08:00 Global firms exploit India’s IPO boom to take profits back to home countries https://cassette.sphdigital.com.sg/image/businesstimes/78d7bad1a0b02430c51323d9f203fbe25fb0b05bbae69560a16c5c1e8239843c Foreign-based parents of companies have long invested in India pocketed nearly US$5 billion through secondary-offering IPOs – or offer for sale (OFS). Foreign-based parents of companies have long invested in India pocketed nearly US$5 billion through secondary-offering IPOs – or offer for sale (OFS). https://www.businesstimes.com.sg/lifestyle/style-society/how-ultra-rich-buy-property The Business Times en 2026-06-04T15:13:58+08:00 How the ultra-rich buy property https://cassette.sphdigital.com.sg/image/businesstimes/45cf5647805c5ef717c9793b65e57122c319d20ed2b701de22ede8f95ec8616c A residence in Vicolo delle Orsoline, Rome, Italy. A residence in Vicolo delle Orsoline, Rome, Italy. https://www.businesstimes.com.sg/property/new-zealand-home-building-hits-10-year-low-house-prices-stall The Business Times en 2026-06-04T14:53:29+08:00 New Zealand home building hits 10-year low as house prices stall https://cassette.sphdigital.com.sg/image/businesstimes/885f9e5145e0849c2c4b0a56a77f4c66b0b782b3abf6013f43b54260c24f7232 New Zealand's building industry has struggled through a period of high interest rates, followed by a mix of geopolitical concerns that hit buyer confidence and weighed on the residential property market. New Zealand's building industry has struggled through a period of high interest rates, followed by a mix of geopolitical concerns that hit buyer confidence and weighed on the residential property market. https://www.businesstimes.com.sg/lifestyle/arts-design/hiroshi-sugimoto-brings-five-decades-art-singapore The Business Times en 2026-06-04T14:10:00+08:00 Hiroshi Sugimoto brings five decades of art to Singapore https://cassette.sphdigital.com.sg/image/businesstimes/2ae0d28542a6b9f7a181fcd6deae729da0a8fc3610b8c3ac3e04a6ff46e4ebeb Hiroshi Sugimoto's exhibition in Singapore Art Museum is his largest survey in South-east Asia. Hiroshi Sugimoto's exhibition in Singapore Art Museum is his largest survey in South-east Asia to date. https://www.businesstimes.com.sg/international/global/hot-weather-hurts-asian-crops-powerful-el-nino-raises-concerns-about-food-supplies The Business Times en 2026-06-04T14:08:31+08:00 Hot weather hurts Asian crops as powerful El Nino raises concerns about food supplies https://cassette.sphdigital.com.sg/image/businesstimes/2d2906e852a6fa930ac038c17fadc1e1614fd6c4e3600fd88c5a472b09010468 A sign that reads "land for sale or for lease" on a drought-affected rice field in Vietnam on Mar 30, 2016. One of the strongest El Ninos on record is widely expected to develop in the second half of 2026. A sign that reads "land for sale or for lease" on a drought-affected rice field in Vietnam on Mar 30, 2016. One of the strongest El Ninos on record is widely expected to develop in the second half of 2026. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/asia-steps-currency-defence-south-korea-indonesia-vow-action The Business Times en 2026-06-04T14:08:26+08:00 Asia steps up currency defence as South Korea, Indonesia vow action https://cassette.sphdigital.com.sg/image/businesstimes/f7961b22a0f032ebdd393892ffefd6d70a68a0350fdc8f66fd4b7032b47fa946 Bank Indonesia says that it’s intensifying interventions to stabilise the rupiah, which had dropped to a record low. Bank Indonesia says that it’s intensifying interventions to stabilise the rupiah, which had dropped to a record low. https://www.businesstimes.com.sg/international/trump-executive-order-directs-customs-crack-down-tariff-cheats The Business Times en 2026-06-04T13:24:52+08:00 Trump executive order directs customs to crack down on tariff cheats https://cassette.sphdigital.com.sg/image/businesstimes/0d4d47d06b42e686c1d454aae1c27ffff5cd1a55c941a6d083ab0bde38c314d3 The order will not take effect right away, and many of the rule changes will be developed with input from stakeholders across the trade industry. The order will not take effect right away, and many of the rule changes will be developed with input from stakeholders across the trade industry. https://www.businesstimes.com.sg/opinion-features/jardines-has-survived-wars-and-market-collapses-can-it-survive-digital-age The Business Times en 2026-06-04T13:00:00+08:00 Jardines has survived wars and market collapses. Can it survive the digital age? https://cassette.sphdigital.com.sg/image/businesstimes/a2711894222daed167f74bc0a64d0bdbfa6d3788633350da20077ce6123d4370 The Jardine Matheson group is said to be mulling over the sale of billions in assets, including its KFC and Pizza Hut chains in Asian markets. Jardine Matheson's restaurant unit has reportedly been seeking to sell its KFC and Pizza Hut chains in Asian markets. https://www.businesstimes.com.sg/international/asean/indonesia-passes-sweeping-bill-expanding-central-bank-role-spur-growth The Business Times en 2026-06-04T12:44:19+08:00 Indonesia passes sweeping Bill expanding central bank role to spur growth https://cassette.sphdigital.com.sg/image/businesstimes/db76b9228ad6f7dd9448c7c3cd67511226a86ee44a2623809428441e10088c53 Parliament passed the bill by acclamation, with support from all parties, according to the deputy speaker, Sufmi Dasco Ahmad, who led on Thursday’s plenary session. Parliament passed the Bill by acclamation, with support from all parties, according to the deputy speaker, Sufmi Dasco Ahmad, who led on Thursday’s plenary session. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/tsmc-ceo-warns-chip-supply-wont-meet-ai-fuelled-demand-years The Business Times en 2026-06-04T12:14:42+08:00 TSMC CEO warns chip supply won’t meet AI-fuelled demand for years https://cassette.sphdigital.com.sg/image/businesstimes/07368e09c7a83707b35c43d0fe549e36cdab220973db9e5b2030531ccfe49565 The CEO reiterates its forecast for sales growth of more than 30 per cent this year The CEO reiterates its forecast for sales growth of more than 30% this year. https://www.businesstimes.com.sg/startups-tech/technology/anthropic-looks-set-shop-singapore-fill-roles-finance-product-support The Business Times en 2026-06-04T11:46:47+08:00 Anthropic looks to set up shop in Singapore, fill roles from finance to product support https://cassette.sphdigital.com.sg/image/businesstimes/e840a29702d2877b2ba6b7826978d180e4c04b74f69f5003aae9493a96a241fb FILE PHOTO: Anthropic logo is seen in this illustration created on March 1, 2026. REUTERS/Dado Ruvic/Illustration/File Photo Anthropic’s international push comes as more enterprise clients seek to use AI for competitive advantage and productivity gains. https://www.businesstimes.com.sg/companies-markets/malaysian-tycoon-vincent-tan-cuts-berjaya-stake-asset-sales The Business Times en 2026-06-04T11:08:55+08:00 Malaysian tycoon Vincent Tan cuts Berjaya stake in asset sales https://cassette.sphdigital.com.sg/image/businesstimes/cc6e4ceb05afadaf67183d3eb16297de5f10d7f7b1bdccec66717fe7aef03929 The tycoon remains a substantial shareholder in 7-Eleven Malaysia Holdings, Berjaya Food and Berjaya Assets, albeit with smaller holdings. The tycoon remains a substantial shareholder in 7-Eleven Malaysia Holdings, Berjaya Food and Berjaya Assets, albeit with smaller holdings. https://www.businesstimes.com.sg/companies-markets/singapore-kitchen-ceo-senior-manager-charged-alleged-fraud-falsifying-accounts-both-stay-jobs-now The Business Times en 2026-06-04T10:32:52+08:00 Singapore Kitchen CEO, senior manager charged with alleged fraud, falsifying accounts; both to stay in jobs for now https://cassette.sphdigital.com.sg/image/businesstimes/2510a522db2654b3c81063c230a03c7c427d8954de181064f2be9f3b2e12b334 Singapore Kitchen Equipment was founded by husband-and-wife duo Sally Chua and Alan Lee. Singapore Kitchen Equipment was founded by husband-and-wife duo Sally Chua (left) and Alan Lee. https://www.businesstimes.com.sg/companies-markets/decade-high-dividend-income-shareholders-key-takeaways-insurers-2026-agm The Business Times en 2026-06-04T10:23:41+08:00 Decade-high dividend for Income shareholders: Key takeaways from insurer’s 2026 AGM https://cassette.sphdigital.com.sg/image/businesstimes/8b2066c835b6f62acf3350a2f6d39b0e8148c6a8d4f8d91edefa30305ba6f16f Income’s board proposed a total dividend of $1.063 per share, representing the highest payout in the past 10 years. Income’s board proposed a total dividend of $1.063 per share, representing the highest payout in the past 10 years. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/record-singapore-us-rate-gap-may-widen-further-inflows-and-hawkish-fed-outlook The Business Times en 2026-06-04T10:01:42+08:00 Record Singapore-US rate gap may widen further on inflows and hawkish Fed outlook https://cassette.sphdigital.com.sg/image/businesstimes/be496ede578507a003f2b3ad2d722c55bca8b97920849abd2ab2c354b1301969 The flush liquidity in Singapore has weakened a historically tight link between interest rates in the city state and the US. The flush liquidity in Singapore has weakened a historically tight link between interest rates in the city state and the US. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/singapore-stocks-slide-iran-ceasefire-wavers-fed-rate-hike-fears-grow The Business Times en 2026-06-04T09:57:18+08:00 Singapore stocks slide as Iran ceasefire wavers, Fed rate hike fears grow https://cassette.sphdigital.com.sg/image/businesstimes/e19dcea04cdd79365caf1b7eb91a8b2711190b64bce00e289a08f13ac5f07b7f The Straits Times Index fell about 1 per cent within the first 20 minutes of trading at about 5,086 points. The Straits Times Index fell about 1% within the first 20 minutes of trading to about 5,086 points. https://www.businesstimes.com.sg/companies-markets/marco-polo-marine-shares-plans-unlock-value-boutique-fund-manager-becomes-substantial-shareholder The Business Times en 2026-06-04T09:38:13+08:00 Marco Polo Marine shares plans to unlock value as boutique fund manager becomes substantial shareholder https://cassette.sphdigital.com.sg/image/businesstimes/6bcd04648d1b59a83a9481d2170a3977bc510c75ab08cd2b240c3c94d7d4dace The firm on May 15 proposed injecting Marco Polo Shipyard and MP Marine into Fuji Offset Plates Manufacturing. The firm on May 15 proposed injecting Marco Polo Shipyard and MP Marine into Fuji Offset Plates Manufacturing. https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-rises-dip-buyers-return-after-israel-lebanon-ceasefire The Business Times en 2026-06-04T09:19:59+08:00 Gold rises as dip-buyers return after Israel-Lebanon ceasefire https://cassette.sphdigital.com.sg/image/businesstimes/de149dd8479046979671d0d8af3a89257080e90602dc263c09c41ef518e7167a Bullion is near US$4,450 an ounce, having lost 1.2% in the previous session. Bullion has moved largely in an inverse relationship with oil since the conflict began in late February. https://www.businesstimes.com.sg/companies-markets/samudera-shipping-sells-two-vessels-us23-million-under-fleet-management-capital-allocation-strategy The Business Times en 2026-06-04T08:49:11+08:00 Samudera Shipping sells two vessels for US$23 million under fleet management, capital allocation strategy https://cassette.sphdigital.com.sg/image/businesstimes/1afedd6dfaba29841750ccf9e598d5fd1fef922e02919794386c875bcdfe9172 The disposals are expected to yield an estimated gain on disposal of around US$1.3 million. Net proceeds will go towards general working capital or may be redeployed for fleet renewal and other investment opportunities. https://www.businesstimes.com.sg/international/us-house-votes-rein-trump-iran-war The Business Times en 2026-06-04T08:43:09+08:00 US House votes to rein in Trump on Iran war https://cassette.sphdigital.com.sg/image/businesstimes/c513343e01625ca24fe7f7720ac23b448814ff5471e7690ddc3f234e047f47fe Trump and his senior aides have dismissed any effort by Congress to limit his war powers as unconstitutional. Trump and his senior aides have dismissed any effort by Congress to limit his war powers as unconstitutional. https://www.businesstimes.com.sg/companies-markets/reits-property/stoneweg-europe-stapled-trust-sells-french-warehouse-asset-parc-de-meslay-5-7-million-euros The Business Times en 2026-06-04T08:42:32+08:00 Stoneweg Europe Stapled Trust sells French warehouse asset Parc de Meslay for 5.7 million euros https://cassette.sphdigital.com.sg/image/businesstimes/e9754c5f1354953d8db8cf5d4b601970dc4ac831b0d5c0df162c668bc54c5e11 Net proceeds from the divestment will be used for reinvestment in opportunities “consistent with Sert’s strategy” and for general working capital purposes. Parc de Meslay is a cold warehouse, comprising about 5,613 square metres of net area. https://www.businesstimes.com.sg/companies-markets/stocks-watch-clar-dfi-retail-group-sert-samudera-shipping The Business Times en 2026-06-04T08:36:35+08:00 Stocks to watch: Clar, DFI Retail Group, Sert, Samudera Shipping https://cassette.sphdigital.com.sg/image/businesstimes/cac96f46281f1428cf9d8676b6481acf33262603356ffa94e1ea1b5230e3713c CapitaLand Ascendas Reit is set to buy a modern ramp-up logistics facility at 5 Tuas Avenue 5 for S$133.9 million, it said on Jun 4, 2026. Clar is buying a modern ramp-up logistics facility at 5 Tuas Avenue 5 for a purchase consideration of S$133.9 million in cash. https://www.businesstimes.com.sg/international/global/us-feds-kevin-warsh-inherits-economy-increasingly-squeezed-inflation The Business Times en 2026-06-04T08:34:37+08:00 US Fed’s Kevin Warsh inherits economy increasingly squeezed by inflation https://cassette.sphdigital.com.sg/image/businesstimes/bd516db94a747a951e3c161894d731014bfe5fb34a42b4549f565db650eaf2df Inflation by the Fed’s targeted measure jumped to 3.8 per cent in April from 3.5 per cent in March. Some of Warsh’s colleagues are already portraying the fight against inflation as gaining urgency. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/broadcom-slides-after-ai-chip-outlook-disappoints-investors The Business Times en 2026-06-04T08:13:36+08:00 Broadcom slides after AI chip outlook disappoints investors https://cassette.sphdigital.com.sg/image/businesstimes/a54128bedd784ad18ba799f77c134151db09223a381a8349706e350f06f2f67e Broadcom has already begun delivering chips to OpenAI and is on track for production later this year. While Nvidia remains the dominant maker of AI accelerators, Broadcom has positioned itself as a key alternative. https://www.businesstimes.com.sg/companies-markets/reits-property/clar-buys-tuas-logistics-property-s133-9-million The Business Times en 2026-06-04T08:07:55+08:00 Clar buys Tuas logistics property for S$133.9 million https://cassette.sphdigital.com.sg/image/businesstimes/6f9726b026faa3ce72653185709bffb863eaab1332dbafa395171d98585fdd6a The facility is currently fully occupied by four tenants, including the vendor -- Hup Hin Transport. The facility is currently fully occupied by four tenants, including the vendor Hup Hin Transport. https://www.businesstimes.com.sg/international/global/israel-lebanon-ceasefire-raises-hopes-progress-deal-between-us-and-iran The Business Times en 2026-06-04T07:49:25+08:00 Israel-Lebanon ceasefire raises hopes of progress for deal between US and Iran https://cassette.sphdigital.com.sg/image/businesstimes/f27dfc120a6d6ac9c83df19ea7d6ce94ea76feb029320bc170d069e498a2bf86 Iran has said that it will not agree to a deal to end the conflict with the United States and Israel launched in late February unless a ceasefire also covers Lebanon. Israeli strikes killed at least six people in southern Lebanon and US and Iranian forces traded attacks in the Gulf on Jun 3. https://www.businesstimes.com.sg/opinion-features/why-oil-prices-have-defied-us200-forecasts-despite-hormuz-closure The Business Times en 2026-06-04T07:15:00+08:00 Why oil prices have defied US$200 forecasts despite Hormuz closure https://cassette.sphdigital.com.sg/image/businesstimes/6b537bedd41ca0a4b844bdf0b66d26267e47ba51a6c3f000f3991489ee4fcb88 Brent crude, the global benchmark, was trading at about US$96 a barrel on Jun 3. Brent crude, the global benchmark, was trading at about US$96 a barrel on Jun 3. https://www.businesstimes.com.sg/international/global/ships-chips-sg-us-corridor-gears-its-next-chapter The Business Times en 2026-06-04T07:00:00+08:00 From ships to chips, SG-US corridor gears up for its next chapter https://cassette.sphdigital.com.sg/image/businesstimes/f465a80937826ec418f649b3b0b0219ea40b7f46c3935902c1ca9cfd7297eda7 Singapore is becoming a credible funding base for US digital infrastructure players scaling across Asia. Singapore is becoming a credible funding base for US digital infrastructure players scaling across Asia. https://www.businesstimes.com.sg/international/returnees-inside-chinas-ai-talent-reversal The Business Times en 2026-06-04T07:00:00+08:00 The returnees: Inside China’s AI talent reversal https://cassette.sphdigital.com.sg/image/businesstimes/f0c1e0bd736bd8f1382b021eddf12eddebe024a6aba8f562038aadb21baaa94f FILE PHOTO: The logo of DeepSeek is displayed alongside its AI assistant app on a mobile phone, in this illustration picture taken January 28, 2025. REUTERS/Florence Lo/Illustration/File Photo DeepSeek’s rapid global rise proves that elite Chinese AI talents do not have to work for American companies to achieve massive success. https://www.businesstimes.com.sg/singapore/profit-purpose-kim-choo-kueh-changs-pivot-public-listing-protecting-heritage The Business Times en 2026-06-04T07:00:00+08:00 Profit with purpose: Kim Choo Kueh Chang’s pivot from public listing to protecting heritage https://cassette.sphdigital.com.sg/image/businesstimes/18c1b9b451886c1b1c3f9d0833240d983163c50da576128e3c2a7320f078016c Kim Choo Kueh Chang's third-gen owner Edmond Wong Third-gen owner Edmond Wong is not concerned about “vanity” metrics, and instead aims to “sustain a good business”. https://www.businesstimes.com.sg/companies-markets/outperforming-asia-credit-markets-draw-investors The Business Times en 2026-06-04T07:00:00+08:00 Outperforming Asia credit markets a draw for investors https://cassette.sphdigital.com.sg/image/businesstimes/2200c5b0b24be5381586105372e9feb883a73a2bf76063ffaefac4d0e6f95e56 Asia-Pacific is increasingly seen as an attractive investment destination, with 36% of global asset managers increasing their Asia-Pacific IG credit allocations in 2026. Asia-Pacific is increasingly seen as an attractive investment destination, with 36% of global asset managers increasing their Asia-Pacific investment-grade credit allocations in 2026. https://www.businesstimes.com.sg/opinion-features/hidden-dangers-sovereign-debt The Business Times en 2026-06-04T07:00:00+08:00 The hidden dangers of sovereign debt https://cassette.sphdigital.com.sg/image/businesstimes/fe8d86db81c7ffe2ff03441cc80e5c10bb0bea087c856ff87b8415962e75ac0d Advanced economies may be entering a period of structurally higher and more volatile inflation than in the pre-pandemic era. Advanced economies may be entering a period of structurally higher and more volatile inflation than in the pre-pandemic era. https://www.businesstimes.com.sg/companies-markets/spacex-seeks-us75-billion-record-ipo-fund-ai-launch The Business Times en 2026-06-04T06:50:33+08:00 SpaceX seeks US$75 billion in record IPO to fund AI, launch https://cassette.sphdigital.com.sg/image/businesstimes/8ede59282f8900bf32ce6259df9ca8246aadd34700db662dc91c4ba001dd9c9b SpaceX is expected to start formal marketing of its IPO as soon as Jun 4 and to price as early as Jun 11. The share sale is set for Jun 11 and SpaceX is expected to begin trading the following day, according to terms of the deal. https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-falls-israel-and-lebanon-agree-conditional-ceasefire The Business Times en 2026-06-04T06:14:58+08:00 Oil falls as Israel and Lebanon agree to conditional ceasefire https://cassette.sphdigital.com.sg/image/businesstimes/48c33eee57984112362c3f380d0806e6e5858c8a033850d6be16a36ecb1d3aea Oil has erased last week’s drop as the clashes sapped optimism over a deal to extend the current ceasefire, and potentially see flows resume through the strait. Oil has erased last week’s drop as the clashes sapped optimism over a deal to extend the current ceasefire, and potentially see flows resume through the strait. https://www.businesstimes.com.sg/lifestyle/indonesian-parrot-seen-once-century-reappears-mountain-forest The Business Times en 2026-06-04T06:00:00+08:00 Indonesian parrot, seen once in a century, reappears in mountain forest https://cassette.sphdigital.com.sg/image/businesstimes/6f14950f8735c861e810051963f7e1afacd431479fb56288a8fd6f1b4232709f The blue-fronted lorikeet can be found only on the island of Buru in Indonesia. The blue-fronted lorikeet can be found only on the island of Buru in Indonesia. https://www.businesstimes.com.sg/companies-markets/us-tech-stocks-market-dominance-presents-new-risks-it-reaches-new-heights The Business Times en 2026-06-04T06:00:00+08:00 US tech stocks’ market dominance presents new risks as it reaches new heights https://cassette.sphdigital.com.sg/image/businesstimes/172075f1584bd0f83fcdc84ca2619981d3ecf3b0e792a3b2459f2d4ba76036bb While tech has long dominated the S&P 500, its recent outperformance has bolstered its sway. While tech has long dominated the S&P 500, its recent outperformance has bolstered its sway. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/wall-street-ends-lower-middle-east-tensions-escalate The Business Times en 2026-06-04T05:46:05+08:00 Wall Street ends lower as Middle East tensions escalate https://cassette.sphdigital.com.sg/image/businesstimes/49121e4fd51d58e0be5968afe51943b1193a708eab7041443a7c7f0c8d6931b8 The Dow Jones Industrial Average fell 620.72 points, or 1.21%, to 50,687.07. The Dow Jones Industrial Average fell 620.72 points, or 1.21%, to 50,687.07. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-stocks-fall-private-market-stress-middle-east-tensions-dent-sentiment The Business Times en 2026-06-04T05:29:26+08:00 European stocks fall as private market stress, Middle East tensions dent sentiment https://cassette.sphdigital.com.sg/image/businesstimes/c77bf97dfba0d4cb9d367f54a4e33b118b9455f8d238d78ed6ce53948bbb4667 Investors fear that private credit and equity firms are overexposed to mid-sized companies, vulnerable to disruption from emerging artificial intelligence models. Investors fear that private credit and equity firms are overexposed to mid-sized companies, vulnerable to disruption from emerging artificial intelligence models. https://www.businesstimes.com.sg/lifestyle/celebrating-50-years-great-american-wines The Business Times en 2026-06-04T00:29:25+08:00 Celebrating 50 years of great American wines https://cassette.sphdigital.com.sg/image/businesstimes/6a7e47498fb331296b78b43dbed323691a4f75f4bc8b1d4aaab6cbb1fd361de5 In 1976, American winemakers bested their French counterparts at the Judgment of Paris. It is truly remarkable how much progress American wine has made since then. In 1976, American winemakers bested their French counterparts at the Judgment of Paris. It is truly remarkable how much progress American wine has made since then. https://www.businesstimes.com.sg/companies-markets/us-factory-orders-post-biggest-gain-11-months-april The Business Times en 2026-06-03T23:50:54+08:00 US factory orders post biggest gain in 11 months in April https://cassette.sphdigital.com.sg/image/businesstimes/3eea2ca69d53f04dc81b752b52d0fc2b1e8ce90707f39fc9dc44423bb0ae3fef Boeing reports that it received 136 orders in April, most of them for more expensive models, against 33 orders in March. Boeing reports that it received 136 orders in April, most of them for more expensive models, against 33 orders in March. https://www.businesstimes.com.sg/companies-markets/nissan-inks-deal-make-cars-chery-its-uk-plant The Business Times en 2026-06-03T23:42:36+08:00 Nissan inks deal to make cars by Chery at its UK plant https://cassette.sphdigital.com.sg/image/businesstimes/5e7c96ab4f3abda34a5e6baf8572f7a5d2dd6c044b133b3c88db6c08ef06d7b9 In Europe, Nissan is the latest carmaker to seek a deal with a China-based rival to fill spare capacity. In Europe, Nissan is the latest carmaker to seek a deal with a China-based rival to fill spare capacity. https://www.businesstimes.com.sg/international/ai-double-data-centre-power-and-water-consumption-2030-un-researchers The Business Times en 2026-06-03T23:26:32+08:00 AI to double data centre power and water consumption by 2030: UN researchers https://cassette.sphdigital.com.sg/image/businesstimes/5ab0f28fe6e123c07aaee1b741add16a26405311d2d8595602cd883ecd716d68 In 2025, data centres consumed 4.5 trillion litres of water, and generated 189 million tonnes of carbon dioxide emissions. In 2025, data centres consumed 4.5 trillion litres of water, and generated 189 million tonnes of carbon dioxide emissions. https://www.businesstimes.com.sg/international/us-services-sector-growth-picks-may-businesses-face-higher-prices-inputs The Business Times en 2026-06-03T23:23:57+08:00 US services sector growth picks up in May; businesses face higher prices for inputs https://cassette.sphdigital.com.sg/image/businesstimes/06c7978b44306e541d89c6519931ebe6fefb318aeda057121553ff2e178f21be The three-month US-Israel war with Iran has severely disrupted the shipping of commodities and raised prices of goods including energy, aluminium and fertilisers. The three-month US-Israel war with Iran has severely disrupted the shipping of commodities and raised prices of goods including energy, aluminium and fertilisers. https://www.businesstimes.com.sg/companies-markets/uber-cuts-23-people-division-new-president-takes-charge The Business Times en 2026-06-03T23:04:21+08:00 Uber cuts 23% of people division as new president takes charge https://cassette.sphdigital.com.sg/image/businesstimes/d42c47e3867f92f02db99caa5ff4dbb2fd873429157ce377e73dfb7eb361ec6e Uber has about 10 million drivers, most of whom are classified as independent contractors. Uber has about 10 million drivers, most of whom are classified as independent contractors. https://www.businesstimes.com.sg/international/indonesia-arrests-officials-over-alleged-corruption-free-meals-programme The Business Times en 2026-06-03T22:43:27+08:00 Indonesia arrests officials over alleged corruption in free meals programme https://cassette.sphdigital.com.sg/image/businesstimes/78381d2fba278965cf189f39231e75c7728c3ae41529e9eaf50048dce74ac7f9 Former head of the National Nutrition Agency Dadan Hindayana (centre) is escorted to a detention vehicle. Former head of the National Nutrition Agency Dadan Hindayana (centre) is escorted to a detention vehicle. https://www.businesstimes.com.sg/international/meta-launches-enterprise-focused-ai-business-agent-automate-daily-operations The Business Times en 2026-06-03T22:42:18+08:00 Meta launches enterprise-focused AI ‘business agent’ to automate daily operations https://cassette.sphdigital.com.sg/image/businesstimes/9ad220b54ad9629203806585c163281a89f231d87a6176c7bc8384e94783b687 Meta says more than one million businesses are already using earlier chatbot versions of such agents on WhatsApp and Messenger. Meta says more than one million businesses are already using earlier chatbot versions of AI agents on WhatsApp and Messenger. https://www.businesstimes.com.sg/international/india-earmarks-100-billion-rupees-guard-airlines-fuel-shocks The Business Times en 2026-06-03T22:03:30+08:00 India earmarks 100 billion rupees to guard airlines from fuel shocks https://cassette.sphdigital.com.sg/image/businesstimes/b61554509f6ffe68d11a3321e3198a38ef51936017b4c1530a55bafd7011fcfa India’s biggest airline IndiGo called the intervention a timely and welcome relief for the sector. India’s biggest airline IndiGo called the intervention a timely and welcome relief for the sector. https://www.businesstimes.com.sg/international/global/iran-hits-kuwait-us-strikes-near-hormuz-gulf-flare The Business Times en 2026-06-03T20:43:08+08:00 Iran hits Kuwait, US strikes near Hormuz in Gulf flare-up https://cassette.sphdigital.com.sg/image/businesstimes/73cbbfe58463fd1ac56e0a1bcdc68d0efcc7bc8dce47347dc6910f84a6e15022 Southern Lebanon comes under Israeli strikes on Jun 3. The two sides had agreed in May to a ceasefire but hostilities had continued. Southern Lebanon comes under Israeli strikes on Jun 3. The two sides had agreed in May to a ceasefire but hostilities had continued. https://www.businesstimes.com.sg/international/bojs-ueda-signals-good-chance-june-hike-price-risks-rise The Business Times en 2026-06-03T20:38:12+08:00 BOJ’s Ueda signals good chance of June hike as price risks rise https://cassette.sphdigital.com.sg/image/businesstimes/8723ca78344cf943aa113ed39ed20142d6cc5dd5220e58cd9ae75efe6912b86b Bank of Japan governor Kazuo Ueda appeared to dismiss the weaker inflation data, as he said the BOJ expects prices to pick up due to oil prices. Bank of Japan governor Kazuo Ueda appeared to dismiss the weaker inflation data, as he said the BOJ expects prices to pick up due to oil prices. https://www.businesstimes.com.sg/international/global/private-infrastructure-real-estate-capital-play-larger-financing-role-ai-data-centre-boom-goldman The Business Times en 2026-06-03T19:51:57+08:00 Private infrastructure, real-estate capital to play larger financing role in AI data centre boom, Goldman says https://cassette.sphdigital.com.sg/image/businesstimes/d8400b787d18e423145cbdded811c1b66c900c02d875fafde56b481b809e8fbb Goldman Sachs said that private infrastructure’s structured income generation and inflation-protection characteristics will likely boost further growth. Goldman Sachs said that private infrastructure’s structured income generation and inflation-protection characteristics will likely boost further growth. https://www.businesstimes.com.sg/lifestyle/arts-design/louis-vuitton-and-campana-stretch-travel-heritage-furniture-and-art The Business Times en 2026-06-03T19:24:50+08:00 Louis Vuitton and Campana stretch travel heritage into furniture and art https://cassette.sphdigital.com.sg/image/businesstimes/545d1be460fcdcececa6e95034b0c3f3acf403ec61494adf9a454ba1be61ed08 The Louis Vuitton x Campana collaboration have resulted in stunning additions to the Objets Nomades collection, such as (from left) the Kaleidoscope Exotic Leather cabinet, Cocoon Dichroic, and Odyssee Babyfoot. The Louis Vuitton x Campana collaboration has resulted in stunning additions to the Objets Nomades collection, such as (from left) the Kaleidoscope Exotic Leather cabinet, Cocoon Dichroic and Odyssee Babyfoot. https://www.businesstimes.com.sg/companies-markets/tiger-brokers-suspend-investors-mainland-china-adding-new-positions The Business Times en 2026-06-03T18:55:15+08:00 Tiger Brokers to suspend investors in mainland China from adding new positions https://cassette.sphdigital.com.sg/image/businesstimes/cc0e5b7259e76e2d038a539f07c471aa0b4edcd8cd38b4351ab1c1b6e231e98c Tiger is among the online brokers that have been told to wind down their cross-border investment accounts. Tiger is among the online brokers that have been told to wind down their cross-border investment accounts. https://www.businesstimes.com.sg/international/eu-risks-losing-more-one-million-jobs-over-global-pressures The Business Times en 2026-06-03T18:48:06+08:00 EU risks losing more than one million jobs over global pressures https://cassette.sphdigital.com.sg/image/businesstimes/2afcddeefdb5da01ec9c37c65231940c29d41f89508cb603280a72c9622adbd0 European firms have been paying extra energy costs for years. The situation only grew worse this year after Iran closed the Strait of Hormuz (above). European firms have been paying extra energy costs for years. The situation only grew worse this year after Iran closed the Strait of Hormuz (above). https://www.businesstimes.com.sg/companies-markets/singapore-stocks-end-higher-dbs-ocbc-hit-fresh-highs-sti-0-8 The Business Times en 2026-06-03T18:45:39+08:00 Singapore stocks end higher as DBS, OCBC hit fresh highs; STI up 0.8% https://cassette.sphdigital.com.sg/image/businesstimes/4a8b483f143c0637b312f8d315b3eae40f90efa7a0d7fba29c58b541fc5c5979 The benchmark Straits Times Index is up 40.82 points at 5,138.24. The benchmark Straits Times Index is up 40.82 points at 5,138.24. https://www.businesstimes.com.sg/companies-markets/energy-commodities/china-taps-new-state-investment-firm-help-coordinate-its-global-metals-and-mining-deals The Business Times en 2026-06-03T18:41:35+08:00 China taps new state investment firm to help coordinate its global metals and mining deals https://cassette.sphdigital.com.sg/image/businesstimes/52c47039c45835a9cfff6c96d4e9af5defa4fde018cabb667d71759d801a73c2 The new approach shows Beijing’s willingness to take a central role against global protectionism and the tussle for natural resources. The new approach shows Beijing’s willingness to take a central role against global protectionism and the tussle for natural resources. https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-jun-32 The Business Times en 2026-06-03T18:35:45+08:00 Daily Debrief: What Happened Today (Jun 3) https://cassette.sphdigital.com.sg/image/businesstimes/d4c68a03ea955aa1371bbf72a65bd5c30b1a6dc57aa6a2d5e01c3702e7d71503 A photo of private housing in Singapore. MND released the government land sales programme for private residential, commercial and hotel sites for second-half 2026 on Wednesday. MND released the government land sales programme for private residential, commercial and hotel sites for the second half of 2026 on Wednesday. https://www.businesstimes.com.sg/international/asean/rupiah-hits-new-low-breaches-14000-threshold-against-singdollar The Business Times en 2026-06-03T18:26:34+08:00 Rupiah hits new low, breaches 14,000 threshold against Singdollar https://cassette.sphdigital.com.sg/image/businesstimes/07dba992ea5fd06651cbd91d478cee93c83ef55f3f4874c390dfd17563b17d6a The rupiah has weakened consistently through the year, as the Indonesian economy grappled with the higher oil prices caused by the US-led war against Iran. The rupiah has weakened consistently through the year, as the Indonesian economy grappled with the higher oil prices caused by the US-led war against Iran. https://www.businesstimes.com.sg/opinion-features/chinas-delivery-drivers-are-its-most-obvious-underclass The Business Times en 2026-06-03T18:15:00+08:00 China’s delivery drivers are its most obvious underclass https://cassette.sphdigital.com.sg/image/businesstimes/d773f7c7f34a91e94ede6a87ac72417928bfe7d2d868a97a11974419034fcc55 For years, China’s delivery industry attracted those who knew they could earn more than in factory jobs, or who wanted easy cash while awaiting better opportunities. For years, China’s delivery industry attracted those who knew they could earn more than in factory jobs, or who wanted easy cash while awaiting better opportunities. https://www.businesstimes.com.sg/opinion-features/why-putin-and-trump-should-both-want-quick-peace-deals The Business Times en 2026-06-03T18:00:00+08:00 Why Putin and Trump should both want quick peace deals https://cassette.sphdigital.com.sg/image/businesstimes/21f4e881aaf6d5f34d4c37bb478490c97c55500d37d65a436a6f0b81b4c6d80a Two leaders (above: Russia's Vladimir Putin and the US' Donald Trump) started wars of choice which they thought would bring quick victories, only to find themselves trapped in conflicts they are finding difficult to end. Two leaders (above: Russia's Vladimir Putin and the US' Donald Trump) started wars of choice which they thought would bring quick victories, only to find themselves trapped in conflicts they are finding difficult to end. https://www.businesstimes.com.sg/opinion-features/are-we-affordability-crisis The Business Times en 2026-06-03T18:00:00+08:00 Are we in an affordability crisis? https://cassette.sphdigital.com.sg/image/businesstimes/e1c7adf6bde6daf1f39d09aa622ef50f276e81e5c3208018db06c6d692a2b66a Surveys by the Bank for International Settlements show that households usually expect higher inflation than what official data or forecasts say.  Surveys show that people expect higher inflation than what official data or forecasts say, with grocery and energy prices shaping these views disproportionately.  https://www.businesstimes.com.sg/property/blackstone-about-take-54-loss-iconic-seattle-office-tower The Business Times en 2026-06-03T17:22:17+08:00 Blackstone is about to take a 54% loss on iconic Seattle office tower https://cassette.sphdigital.com.sg/image/businesstimes/7184c433feb10359601b80e769d300c3d52ee3dcbc4089b653ec8bc72cdc22c9 Blackstone is selling the tower, which it bought for US$612m in 2019, for about US$280m. Blackstone is selling the tower, for which it paid US$612m in 2019, for about US$280m. https://www.businesstimes.com.sg/companies-markets/geopolitical-risks-must-be-considered-investing-tech-temasek-chairman-teo-chee-hean The Business Times en 2026-06-03T17:00:00+08:00 Geopolitical risks must be considered before investing in tech: Temasek chairman Teo Chee Hean https://cassette.sphdigital.com.sg/image/businesstimes/708b49b7f3ca52f8a9896552dc6103f17e37ec43c50ca6d0f9a2a70729297851 AI will be a real game changer that is poised to create an entirely new sector of growth that will sweep across many industries, says Temasek chairman Teo Chee Hean. Teo Chee Hean says that AI will be a "real game changer" that is poised to create an entirely new sector of growth. https://www.businesstimes.com.sg/companies-markets/its-not-just-about-pumping-money-temaseks-portfolio-firms-and-sgx-must-also-create-value-teo-chee The Business Times en 2026-06-03T17:00:00+08:00 It’s not just about pumping money - Temasek’s portfolio firms and SGX must also create value: Teo Chee Hean https://cassette.sphdigital.com.sg/image/businesstimes/7b71e708671e13ab1f8d085332ec302bffdd331f92caa21f7b6f3aeac25892c7 Temasek chairman Teo Chee Hean (centre) with CEO Dilhan Pillay (left) at the Ecosperity conference in 2025. Temasek invests in its portfolio companies when needed, and it co-invests with them when they invest too, he says. Temasek invests in its portfolio companies, and co-invests with them too, says its chairman Teo Chee Hean (centre). https://www.businesstimes.com.sg/international/hiking-hotpot-lonely-consumers-china-fuel-50-billion-yuan-companionship-economy The Business Times en 2026-06-03T16:43:40+08:00 From hiking to hotpot, lonely consumers in China fuel a 50 billion yuan companionship economy https://cassette.sphdigital.com.sg/image/businesstimes/fb3457337b584eed4808710ab662adb8e295196f5285c8e37e90fd2ec0d89510 China’s prolonged youth unemployment has coincided with a growing reliance on gig and flexible work among young people. China’s prolonged youth unemployment has coincided with a growing reliance on gig and flexible work among young people. https://www.businesstimes.com.sg/esg/natural-disaster-insurance-gap-now-exceeds-us420-billion-globally-swiss-re-report The Business Times en 2026-06-03T16:39:15+08:00 Natural-disaster insurance gap now exceeds US$420 billion globally: Swiss Re report https://cassette.sphdigital.com.sg/image/businesstimes/bd5792a009c4250cf3cd7b5492c2107f423b6cd4cc850658f9d3b911e5e54c0e The cost of natural catastrophes such as hurricanes and wildfires has continued to rise in recent years. The cost of natural catastrophes such as hurricanes and wildfires has continued to rise in recent years. https://www.businesstimes.com.sg/international/czech-castles-cache-precious-wine-goes-display-new-old-bottles The Business Times en 2026-06-03T16:29:40+08:00 Czech castle’s cache of precious wine goes on display in new-old bottles https://cassette.sphdigital.com.sg/image/businesstimes/c435bbedd839114ac28dfb151e1b32bb7a3b48064adf89a6d4e0459cd24f8ec3 The 133 bottles, most dating from 1892 to 1899, were discovered in 1985, having been hidden at the end of World War II. The 133 bottles, most dating from 1892 to 1899, were discovered in 1985, having been hidden at the end of World War II. https://www.businesstimes.com.sg/international/data-centre-boom-props-australias-slowing-economy The Business Times en 2026-06-03T16:18:59+08:00 Data centre boom props up Australia’s slowing economy https://cassette.sphdigital.com.sg/image/businesstimes/52149e0b74d376dda41c4ab5af8352948f3822f8994c0b459035ec1bc09dc417 The Reserve Bank of Australia is aiming to cool activity and stave off second-round inflationary effects from higher fuel costs. The Reserve Bank of Australia is aiming to cool activity and stave off second-round inflationary effects from higher fuel costs. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/non-us-dollar-stablecoins-can-thrive-where-financial-inefficiencies-remain-including-asean-stanchart The Business Times en 2026-06-03T16:08:01+08:00 Non-US dollar stablecoins can thrive where financial inefficiencies remain, including in Asean: StanChart https://cassette.sphdigital.com.sg/image/businesstimes/ea938084157573a39288598939223d07dc7d9e1c44b24467d71ea1b35327437b US-dollar-pegged stablecoins such as Tether currently make up about 98 per cent of the global stablecoin market USD-pegged stablecoins such as Tether currently make up about 98% of the global stablecoin market. https://www.businesstimes.com.sg/lifestyle/peabo-bryson-soul-singer-known-voice-love-dies-75 The Business Times en 2026-06-03T15:54:20+08:00 Peabo Bryson, soul singer known as the Voice of Love, dies at 75 https://cassette.sphdigital.com.sg/image/businesstimes/fc15f92b921a67b65c3cfaff41dd29edcbfb17c162be5caf0e661655dd720310 Peabo Bryson's songs dealt with complex relationships and passionate love, which spoke to the adult contemporary listeners who made up the core of his fan base. Bryson's songs dealt with complex relationships and passionate love, which spoke to the adult contemporary listeners who made up the core of his fan base. https://www.businesstimes.com.sg/companies-markets/banking-finance/kpmg-australia-coo-steps-down-amid-growing-audit-client-leak-scandal The Business Times en 2026-06-03T15:51:37+08:00 KPMG Australia COO steps down amid growing audit client leak scandal https://cassette.sphdigital.com.sg/image/businesstimes/c005aef4d40565db2c26d82b709fd1a06bd5b72860fc3458beb088c51c7bb760 The Australian Securities and Investments Commission has started a ​preliminary investigation into the conduct of three KPMG registered company auditors. The Australian Securities and Investments Commission has started a ​preliminary investigation into the conduct of three KPMG-registered company auditors. https://www.businesstimes.com.sg/property/uk-mortgage-approvals-hit-15-month-high-april-despite-iran-war The Business Times en 2026-06-03T15:46:13+08:00 UK mortgage approvals hit 15-month high in April despite Iran war https://cassette.sphdigital.com.sg/image/businesstimes/9cbaace1f8aa26d04fd2fb05317460fe967e8e9458012cdd235c0c56978937a2 The property market in the UK started the year on a strong footing as aspiring buyers shrugged off fears of tax rises. The property market in the UK started the year on a strong footing as aspiring buyers shrugged off fears of tax rises. https://www.businesstimes.com.sg/international/global/global-economy-risks-slump-prolonged-iran-conflict-oecd The Business Times en 2026-06-03T15:40:40+08:00 Global economy risks slump on prolonged Iran conflict: OECD https://cassette.sphdigital.com.sg/image/businesstimes/09b9962304ae76dd527bd9ba1bcc91d050ba8f5b69e59bc62da4bf7372731656 Should disruptions persist into 2027, global growth would slip to 1.8%, according to the OECD. Should disruptions persist into 2027, global growth would slip to 1.8%, according to the OECD. https://www.businesstimes.com.sg/property/chinas-real-estate-funk-dragging-down-property-service-providers-too The Business Times en 2026-06-03T15:33:01+08:00 China’s real estate funk is dragging down property service providers, too https://cassette.sphdigital.com.sg/image/businesstimes/94b61d2c2cfa4ed8c2eaaa317a28cb96a3e9dd4bd2c0dcf785a08b6a216ad772 Commercial and residential buildings are pictured in Guangzhou, China. After decades of overbuilding, many compounds in the country are now partly vacant. After decades of overbuilding, many compounds in China are now partly vacant. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/meta-scales-back-plan-internal-mouse-tracking-tech-citing-staff-concerns The Business Times en 2026-06-03T15:31:13+08:00 Meta scales back plan for internal mouse-tracking tech, citing staff concerns https://cassette.sphdigital.com.sg/image/businesstimes/5a34aa8048d95f921252bc4bee23153bebde2cc82d8b3211aee2360be613be8c Meta announced in May that it was installing new tracking software on US-based employees’ computers to capture mouse movements, clicks and ​keystrokes for use in training its AI models. Meta announced in May that it was installing new tracking software on US-based employees’ computers to capture mouse movements, clicks and ​keystrokes for use in training its AI models. https://www.businesstimes.com.sg/wealth/crypto-alternative-assets/bitcoins-break-tech-widens-after-strategys-sale-feeds-rout The Business Times en 2026-06-03T15:19:11+08:00 Bitcoin’s break with tech widens after strategy’s sale feeds rout https://cassette.sphdigital.com.sg/image/businesstimes/7810aeb0d01ffd3759199fd0490f43c73a5edfe5f4df6a9d291e64547a6bf330 Investors have pulled nearly US$4 billion from US-listed Bitcoin exchange-traded funds over the past 12 sessions. Investors have pulled nearly US$4 billion from US-listed Bitcoin exchange-traded funds over the past 12 sessions.