https://www.businesstimes.com.sg/international/walmart-settles-us-governments-opioid-lawsuit-which-sought-billions-us50-million The Business Times en 2026-08-29T14:17:05+08:00 Walmart settles US government’s opioid lawsuit, which sought billions, for US$50 million https://cassette.sphdigital.com.sg/image/businesstimes/a6a26a060d1f1d296543d2ce94ac5b887f1b76a8371d1f59bd13f439431e52ef The Justice Department had accused Walmart of having repeatedly violated the federal Controlled Substances Act since 2013. The Justice Department had accused Walmart of having repeatedly violated the federal Controlled Substances Act since 2013. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/openai-end-agreement-spacexs-ai-coding-tool-cursor-deepening-musk-altman-clash The Business Times en 2026-08-29T12:27:51+08:00 OpenAI to end agreement with SpaceX’s AI coding tool Cursor, deepening Musk-Altman clash https://cassette.sphdigital.com.sg/image/businesstimes/c5296c230132d6f661e90244a66a647ea8170484be6ec7ab0a55553f17b6de15 Sam Altman (pictured) and Elon Musk have been at odds for years, a feud that culminated in a trial which Musk lost. Sam Altman (pictured) and Elon Musk have been at odds for years, a feud that culminated in a trial which Musk lost. https://www.businesstimes.com.sg/property/china-ramps-credit-support-overhaul-property-market The Business Times en 2026-08-29T12:07:11+08:00 China ramps up credit support in overhaul of property market https://cassette.sphdigital.com.sg/image/businesstimes/2dd2ab9149723a859baf6b64df41691150c1a281830db0810d1777ac9ffd7b63 Homebuyers will be able to borrow for a term of up to 40 years for their mortgages, up from the current 30 years. Homebuyers will be able to borrow for a term of up to 40 years for their mortgages, up from the current 30 years. https://www.businesstimes.com.sg/singapore/s3b-money-laundering-case-15-carat-diamond-yayoi-kusama-chanel-items-auction The Business Times en 2026-08-29T12:00:00+08:00 S$3b money laundering case: 15-carat diamond, Yayoi Kusama, Chanel items up for auction https://cassette.sphdigital.com.sg/image/businesstimes/578d958faedc4e27ab84a154c03573c72f2ff4ef0e33a4073dea61d7c89b8131 This 15.02-carat fancy yellow diamond ring has one of the highest estimates in the upcoming auction, at S$200,000 to S$300,000. This 15.02-carat fancy yellow diamond ring has one of the highest estimates in the upcoming auction, at S$200,000 to S$300,000. https://www.businesstimes.com.sg/lifestyle/style-travel/s3b-money-laundering-auction-how-hotlotz-landed-its-biggest-consignment The Business Times en 2026-08-29T12:00:00+08:00 S$3b money laundering auction: How Hotlotz landed its biggest consignment https://cassette.sphdigital.com.sg/image/businesstimes/d43f8f217a04b26e8cf5eea64b3fdbeaf14b774b721145d8e2b5a296d46c5ab5 Matthew Elton is founder and CEO of Hotlotz, which will conduct 15 timed online auctions over nine months to sell the forfeited goods. Matthew Elton is founder and CEO of Hotlotz, which will conduct 15 timed online auctions over nine months to sell the forfeited goods. https://www.businesstimes.com.sg/lifestyle/style-travel/luxury-watches-jewellery-bags-highlights-s3-billion-money-laundering-auction The Business Times en 2026-08-29T12:00:00+08:00 Luxury watches, jewellery, bags: Highlights from the S$3 billion money laundering auction https://cassette.sphdigital.com.sg/image/businesstimes/73411603695e68858bd079dcd3c9d4713b20b21ad0802c8fd79e40f5b8f5dbbd The Patek Philippe Sky Moon Tourbillion in platinum, a highly coveted “grail-watch” among collectors. The item is among assets seized in Singapore’s S$3 billion money laundering case, which will be offered to the public in auctions beginning on Sep 7.  A future auction will include the rare Patek Philippe Sky Moon Tourbillion in platinum, a highly coveted “grail-watch” among collectors. https://www.businesstimes.com.sg/companies-markets/banking-finance/warshs-inflation-warning-sets-september-showdown-fed The Business Times en 2026-08-29T11:02:35+08:00 Warsh’s inflation warning sets up September showdown for the Fed https://cassette.sphdigital.com.sg/image/businesstimes/c448adaf47475bf43a6aa0532336d3af779afce31f94fb930bb8bb999ae9ee96 US Federal Reserve chief Kevin Warsh has affirmed his willingness to act to bring down persistent inflation. US Federal Reserve chief Kevin Warsh has affirmed his willingness to act to bring down persistent inflation. https://www.businesstimes.com.sg/companies-markets/banking-finance/yen-passes-160-dollar-hit-weakest-level-month The Business Times en 2026-08-29T10:39:21+08:00 Yen passes 160 per dollar to hit weakest level in a month https://cassette.sphdigital.com.sg/image/businesstimes/f6b39349e7d37454118a6accbcd412d8dd3c62617d2f343c185ffb2ed7571255 The yen fell as much as 0.5 per cent to 160.20 versus the greenback on Friday (Aug 28). The yen fell as much as 0.5 per cent to 160.20 versus the greenback on Friday (Aug 28). https://www.businesstimes.com.sg/opinion-features/temasek-supports-sias-long-term-strategy The Business Times en 2026-08-29T10:17:40+08:00 Temasek supports SIA’s long-term strategy https://cassette.sphdigital.com.sg/image/businesstimes/004eb02fda03bb9d2b86091c79a45a67e15f6be70384311d24cd7392aba4c18d Singapore Airlines planes at Changi Airport. SIA has long participated in the India market, including an operating presence through Vistara since 2013. SIA has long participated in the India market, including an operating presence through Vistara since 2013. https://www.businesstimes.com.sg/opinion-features/sias-investment-air-india-will-support-long-term-growth The Business Times en 2026-08-29T10:13:01+08:00 SIA’s investment in Air India will support long-term growth https://cassette.sphdigital.com.sg/image/businesstimes/9e2bf52feacbd4861f115f6f8d28cbc91aee53eaa46a5f2d4aee229edf217367 An Air India plane. Singapore Airlines and Tata have publicly recognised that the Air India transformation programme will take time. Singapore Airlines and Tata have publicly recognised that the Air India transformation programme will take time. https://www.businesstimes.com.sg/singapore/singapore-sell-luxury-homes-seized-record-money-laundering-case The Business Times en 2026-08-29T10:00:44+08:00 Singapore to sell luxury homes seized in record money laundering case https://cassette.sphdigital.com.sg/image/businesstimes/ae77c6a8d9708d469f5285158c99536e487cd94dd9100cd5ab2ecedb95818bf6 The property at 16 Ewart Park which once belonged to convicted money launderer Su Haijin. The property at 16 Ewart Park which once belonged to convicted money launderer Su Haijin. https://www.businesstimes.com.sg/companies-markets/transport-logistics/honda-nissan-reach-deal-joint-development-vehicle-software-report The Business Times en 2026-08-29T09:45:42+08:00 Honda, Nissan to reach deal on joint development of vehicle software: report https://cassette.sphdigital.com.sg/image/businesstimes/f77a0fbc299c42e9ef74afbe4619860a60d302bcea83c6e662db6cf2db160179 Nissan’s CEO Ivan Espinosa said earlier this month that the company was discussing possible areas of software collaboration with Honda. Nissan’s CEO Ivan Espinosa said earlier this month that the company was discussing possible areas of software collaboration with Honda. https://www.businesstimes.com.sg/international/trump-says-us-taking-partial-control-venezuelas-vast-oil-reserves The Business Times en 2026-08-29T09:05:15+08:00 Trump says US is taking partial control of Venezuela’s vast oil reserves https://cassette.sphdigital.com.sg/image/businesstimes/01c9a774ce500be29e82e835ba88dfb2d2d23f9e1e82c7375209fa4f279e52e3 US President Donald Trump’s announcement provided few details on the structure of the agreement, the fields or companies involved. US President Donald Trump’s announcement provided few details on the structure of the agreement, the fields or companies involved. https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-settles-lower-clues-about-fed-policy-rumours-hormuz-deal The Business Times en 2026-08-29T08:32:43+08:00 Oil settles lower on clues about Fed policy, rumours of Hormuz deal https://cassette.sphdigital.com.sg/image/businesstimes/9ef0a0ec99defe244e7172e0f6872c31d92fc0f72d1f059e87c93f9c0ed5253f Vessels in the Strait of Hormuz near the beach of Bandar Abbas, Iran, Aug 28, 2026. Vessels in the Strait of Hormuz near the beach of Bandar Abbas, Iran, Aug 28, 2026. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-rise-french-stocks-rebound-markets-digest-warsh-speech The Business Times en 2026-08-29T07:48:01+08:00 European shares rise as French stocks rebound; markets digest Warsh speech https://cassette.sphdigital.com.sg/image/businesstimes/f75950ca06c034ebfe74e6c3ae184fd425cb257390b26184c60177b1b3633e77 The Stoxx 600 index closed 0.5 per cent higher at 655.16 points on Friday, posting a modest weekly gain. The Stoxx 600 index closed 0.5 per cent higher at 655.16 points on Friday, posting a modest weekly gain. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-wall-street-ends-lower-after-fed-chair-warsh-reaffirms-inflation-fight The Business Times en 2026-08-29T07:41:37+08:00 US stocks: Wall Street ends lower after Fed Chair Warsh reaffirms inflation fight https://cassette.sphdigital.com.sg/image/businesstimes/ba7ee4ceb43126f6c01ac056b7b3203fd179db9103af565a5566a35e8dcd4baa The S&P 500 lost 19.23 points, or 0.25 per cent, to 7,711.76 on Friday. The S&P 500 lost 19.23 points, or 0.25 per cent, to 7,711.76 on Friday. https://www.businesstimes.com.sg/opinion-features/why-investing-identity-early-important-building-nest-egg The Business Times en 2026-08-29T07:00:00+08:00 Why investing in identity early is as important as building a nest egg https://cassette.sphdigital.com.sg/image/businesstimes/75d3d9f1d67cfa4ccfe89f1c13d9c57cbf21a0cfb432ab6aff43ce0b71934e65 Illustration of business man with bag Careers take decades to build, yet few people put the same effort into figuring out who they are without one. https://www.businesstimes.com.sg/lifestyle/hongqi-e-hs9-review-time-trade-your-s-class The Business Times en 2026-08-29T07:00:00+08:00 Hongqi E-HS9 review: Time to trade in your S-Class? https://cassette.sphdigital.com.sg/image/businesstimes/8758a6cb547de7bd50261def230d811183fc716a545c5c93faba0e0ebf62b0b2 Despite its bulk, the E-HS9 is far from sluggish and anything but clumsy, hitting 100 kmh in a brisk 5.5 seconds. Despite its bulk, the E-HS9 is far from sluggish and anything but clumsy, hitting 100 kmh in a brisk 5.5 seconds. https://www.businesstimes.com.sg/opinion-features/protein-products-are-booming-asia-heres-how-businesses-can-seize-opportunity The Business Times en 2026-08-29T07:00:00+08:00 Protein products are booming in Asia – here’s how businesses can seize the opportunity https://cassette.sphdigital.com.sg/image/businesstimes/76eac62a883812709cd6c946b85799d70e7b80bd9cb7552d9acfd8c226962a0d Once confined to sports nutrition, protein is now showing up in everything, from yogurt and noodles to ready-to-eat meals and baked goods. Once confined to sports nutrition, protein is now showing up in everything, from yogurt and noodles to ready-to-eat meals and baked goods. https://www.businesstimes.com.sg/lifestyle/chinese-robots-have-beaten-usain-bolts-100-m-record-should-we-be-impressed The Business Times en 2026-08-29T07:00:00+08:00 Chinese robots have beaten Usain Bolt’s 100 m record. Should we be impressed? https://cassette.sphdigital.com.sg/image/businesstimes/9167aaf10d0f8f984e57804fb8883bf31c6fe530f2e0479545d62e42bb8c197e Humanoid robots cross the finish line during a 100 m race at the 2026 World Humanoid Robot Games at the National Speed Skating Oval in Beijing, China. High-profile feats of robotic athleticism have become increasingly common in China, where a humanoid robotics industry has flourished. https://www.businesstimes.com.sg/companies-markets/boards-should-preset-instead-reset-keppel-chairman-piyush-gupta The Business Times en 2026-08-28T23:19:45+08:00 Boards should ‘preset’ instead of reset: Keppel chairman Piyush Gupta https://cassette.sphdigital.com.sg/image/businesstimes/052b57b8211d4688929e82c9e2270e0b6bd17c92b4e7eae7b15541fa369536c2 Gupta was conferred SID’s Honorary Fellowship in recognition of his distinguished contributions. Gupta was conferred SID’s Honorary Fellowship in recognition of his distinguished contributions. https://www.businesstimes.com.sg/international/warsh-says-inflation-isnt-slowing-vows-hit-feds-2-target The Business Times en 2026-08-28T22:34:30+08:00 Warsh says inflation isn’t slowing, vows to hit Fed’s 2% target https://cassette.sphdigital.com.sg/image/businesstimes/07f83c3b3bd6137b6952827baa3a362cbec37520a48d61e391616d191edf94d0 Warsh reiterated that policymakers will return inflation to their 2 per cent goal, which he said is a firm and fixed target. Warsh reiterated that policymakers will return inflation to their 2 per cent goal, which he said is a firm and fixed target. https://www.businesstimes.com.sg/international/canadas-q2-gdp-recovers-sharply-domestic-demand-revives-exports-grow The Business Times en 2026-08-28T22:20:00+08:00 Canada's Q2 GDP recovers sharply as domestic demand revives, exports grow https://cassette.sphdigital.com.sg/image/businesstimes/45458ffe4b60f42c7815468b6ddccabc9dbc7c8c51f00ede84dc6506fae79769 On a quarterly basis, the GDP grew at 0.8 per cent for the quarter ending June, from an upwardly revised 0.1 per cent in the previous quarter. On a quarterly basis, the GDP grew at 0.8 per cent for the quarter ending June, from an upwardly revised 0.1 per cent in the previous quarter. https://www.businesstimes.com.sg/singapore/new-ai-powered-smrt-command-centre-aims-make-bus-services-safer-more-reliable-and-faster The Business Times en 2026-08-28T21:46:41+08:00 New AI-powered SMRT command centre aims to make bus services safer, more reliable and faster https://cassette.sphdigital.com.sg/image/businesstimes/14d44eddbe1d86a99dabf58b5a03da54b3f005f7d837909dee1cbd45d20a275a The iDepot tool uses an autonomous surveillance robot equipped with infrared sensors to patrol Gali Batu Bus Depot. The iDepot tool uses an autonomous surveillance robot equipped with infrared sensors to patrol Gali Batu Bus Depot. https://www.businesstimes.com.sg/companies-markets/wall-street-opens-subdued-ahead-warshs-speech The Business Times en 2026-08-28T21:42:59+08:00 Wall Street opens subdued ahead of Warsh's speech https://cassette.sphdigital.com.sg/image/businesstimes/303a3c6f6a8029def3fff00194dbc3f1b23367b9542325ea2f1f055ddf1627fe The Dow Jones Industrial Average rose 42.5 points, or 0.08 per cent, at the open to 53,611.94. The Dow Jones Industrial Average rose 42.5 points, or 0.08 per cent, at the open to 53,611.94. https://www.businesstimes.com.sg/property/china-reform-home-sales-system-curb-delivery-risks The Business Times en 2026-08-28T21:00:08+08:00 China to reform home sales system to curb delivery risks https://cassette.sphdigital.com.sg/image/businesstimes/621dfc44f54f97663cff7a4e5ce6ab325245be91ea67878e64abce024954d3b8 China’s property developers had for decades used a presale model, where homes are sold before project completion. China’s property developers had for decades used a presale model, where homes are sold before project completion. https://www.businesstimes.com.sg/singapore/income-insurance-ceo-andrew-yeo-resigns-company-process-identifying-successor The Business Times en 2026-08-28T20:25:43+08:00 Income Insurance CEO Andrew Yeo resigns, company in process of identifying successor https://cassette.sphdigital.com.sg/image/businesstimes/0d1330023fc4ed383cbc17390eb098b0e3f8b39448e09f5694fd165cf6a59a5a Andrew Yeo was at the helm of Income Insurance in July 2024 when German insurer Allianz proposed to buy a majority stake in it. Andrew Yeo was at the helm of Income Insurance in July 2024 when Allianz proposed to buy a majority stake in it. https://www.businesstimes.com.sg/companies-markets/banking-finance/dollar-heads-weekly-gain-warsh-remarks-awaited The Business Times en 2026-08-28T20:16:32+08:00 Dollar heads for weekly gain as Warsh remarks awaited https://cassette.sphdigital.com.sg/image/businesstimes/ce213f4f77755b2c87fb7aae3aa6830cc6d639fb160f64ff0d5552ddf98aa21c The dollar index, which measures the currency against six major peers, was at 99.18, just below Thursday’s one-week high of 99.26. The dollar index, which measures the currency against six major peers, was at 99.18, just below Thursday’s one-week high of 99.26. https://www.businesstimes.com.sg/international/panama-canal-congestion-drives-gas-tankers-unusual-routes The Business Times en 2026-08-28T19:58:51+08:00 Panama Canal congestion drives gas tankers to unusual routes https://cassette.sphdigital.com.sg/image/businesstimes/fe59b0629f50beaeed7275b0d83a62c79cd25e4ce0581a48c23b19507b5ff4ab More traffic has been directed through the Panama Canal due to the Iran war. More traffic has been directed through the Panama Canal due to the Iran war. https://www.businesstimes.com.sg/international/global/how-shein-had-make-peace-china-finally-go-public The Business Times en 2026-08-28T19:49:01+08:00 How Shein had to make peace with China to finally go public​ https://cassette.sphdigital.com.sg/image/businesstimes/0cb6b3184c75f5bdbec5fa26b68997092e76c9954ae95775f71bfe711cbf2892 Shein describes China as the anchor of its global logistics and fulfilment system, with nearly 80% of its workforce is in mainland China. Shein describes China as the anchor of its global logistics and fulfilment system, with nearly 80% of its workforce is in mainland China. https://www.businesstimes.com.sg/international/japan-spent-record-us96-5-billion-support-yen-over-past-month-data-shows The Business Times en 2026-08-28T19:46:52+08:00 Japan spent record US$96.5 billion to support yen over past month, data shows https://cassette.sphdigital.com.sg/image/businesstimes/77996acfa8fb5459e7c3a4d19f7984dad9ae398adfffadcbb8059a5810ea3bba The BOJ entered the market to buy yen on Jul 30 and Jul 31 as the Japanese currency plumbed its weakest levels in 40 years near 164 per US dollar.  The BOJ entered the market to buy yen on Jul 30 and Jul 31 as the Japanese currency plumbed its weakest levels in 40 years near 164 per US dollar.  https://www.businesstimes.com.sg/international/chinese-nickel-firms-indonesia-mull-output-cuts-low-prices The Business Times en 2026-08-28T19:20:38+08:00 Chinese nickel firms in Indonesia mull output cuts on low prices https://cassette.sphdigital.com.sg/image/businesstimes/5c087883fbec4738d69f8ffe37f1b7f72754858477fc418a4fe36ec04915f74c No agreement on nickel output has been reached yet, as some participants in the meetings flagged a coordinated cut is difficult to execute. No agreement on nickel output has been reached yet, as some participants in the meetings flagged a coordinated cut is difficult to execute. https://www.businesstimes.com.sg/newsletters/esg-insights/issue-209-climate-impact-x-carbonplace-merge-singapores-future-island-faces-conflicting-needs The Business Times en 2026-08-28T19:00:00+08:00 Issue 209: Climate Impact X, Carbonplace to merge; Singapore’s future island faces conflicting needs https://cassette.sphdigital.com.sg/image/businesstimes/7072c6e646b9a7bccc084cbf576840faf5a52fb6e01598789c0b5f54c2f3cc39 Ecosystem Marketplace data show the value of carbon credit trading declining globally since a 2021 peak. Ecosystem Marketplace data show the value of carbon credit trading declining globally since a 2021 peak. https://www.businesstimes.com.sg/companies-markets/energy-commodities/petronas-reports-higher-h1-profit-and-revenue The Business Times en 2026-08-28T18:59:00+08:00 Petronas reports higher H1 profit and revenue https://cassette.sphdigital.com.sg/image/businesstimes/79e2dfc3c645f3c042c59ec329beb6d507e13e360606dfadcf3f13749c5ee031 Petronas’ revenue for the first half rises 15% to RM152.4 billion, compared with RM132.6 billion a year earlier. Petronas’ revenue for the first half rises 15% to RM152.4 billion, compared with RM132.6 billion a year earlier. https://www.businesstimes.com.sg/companies-markets/adrian-chui-steps-down-ceo-esr-reit The Business Times en 2026-08-28T18:57:08+08:00 Adrian Chui steps down as CEO of ESR-Reit https://cassette.sphdigital.com.sg/image/businesstimes/d53ec2596eb3589974dd109bd0aaac4dfcf975571198bd85cc51f563a09c2f13 Adrian Chui, CEO and executive director of the manager of ESR-Reit, has held his roles since 2017. Adrian Chui, CEO and executive director of the manager of ESR-Reit, has held his roles since 2017. https://www.businesstimes.com.sg/international/asean/sunway-mcl-steps-singapore-residential-game-lookout-landbank The Business Times en 2026-08-28T18:56:24+08:00 Sunway MCL steps up Singapore residential game, on lookout for landbank  https://cassette.sphdigital.com.sg/image/businesstimes/473dacd122adb9698b5115698389e432144fa9aaf1be0bac6eb73884abbffbc5 Sunway MCL CEO Lee Tong Voon says buyers have become more selective, placing greater emphasis on location, product quality and amenities. Sunway MCL CEO Lee Tong Voon says buyers have become more selective, placing greater emphasis on location, product quality and amenities. https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-aug-281 The Business Times en 2026-08-28T18:45:00+08:00 Daily Debrief: What Happened Today (Aug 28) https://cassette.sphdigital.com.sg/image/businesstimes/d79a088fb4d97e3a80f22ab100c08f19c7b5e1fc215da754c0d534e055af2040 GXS Bank, MariBank and Trust Bank have issued credit cards in an effort to engage customers on a more regular basis. GXS Bank, MariBank and Trust Bank have issued credit cards in an effort to engage customers on a more regular basis. https://www.businesstimes.com.sg/companies-markets/singapore-shares-rise-ahead-key-fed-conference-sti-0-3 The Business Times en 2026-08-28T18:27:18+08:00 Singapore shares rise ahead of key Fed conference; STI up 0.3% https://cassette.sphdigital.com.sg/image/businesstimes/6e07f3066b9c2624808c9c799bf1ea336083b1865018a89be10a6faac34a6dda Across the broader market, losers beat gainers 290 to 253, as 1.2 billion securities worth S$1.6 billion change hands. Across the broader market, losers beat gainers 290 to 253, as 1.2 billion securities worth S$1.6 billion change hands. https://www.businesstimes.com.sg/international/nepals-only-billionaire-says-rebuilding-after-flood-cost-us5-billion The Business Times en 2026-08-28T18:00:45+08:00 Nepal’s only billionaire says rebuilding after flood to cost US$5 billion https://cassette.sphdigital.com.sg/image/businesstimes/6abab6c522ff190d32a126e42a2eb8b0dcd8ea8f35cce4c8521baae5e96bd0f6 The flash flood tore through Nepal’s mountainous border region with China on Aug 26, engulfing villages and washing away roads and bridges. The flash flood tore through Nepal’s mountainous border region with China on Aug 26, engulfing villages and washing away roads and bridges. https://www.businesstimes.com.sg/companies-markets/buying-opportunity-sembcorps-india-unit-ipo-could-lift-group-value-10 The Business Times en 2026-08-28T17:52:10+08:00 ‘Buying opportunity’: Sembcorp’s India unit IPO could lift group value by up to 10% https://cassette.sphdigital.com.sg/image/businesstimes/01ddce8117dd77422d692fb2004d731155b8a40782402027e4faed889c21efbd The IPO of Sembcorp’s India unit is expected to provide a significant scope to rerate the parent company. The IPO of Sembcorp’s India unit is expected to provide a significant scope to rerate the parent company. https://www.businesstimes.com.sg/podcasts/why-asias-inflation-scare-may-be-overstated-morgan-stanley-economist-explains The Business Times en 2026-08-28T17:46:00+08:00 Why Asia’s inflation scare may be overstated: a Morgan Stanley economist explains https://cassette.sphdigital.com.sg/image/businesstimes/28a88566a69a024f2dc5cdba07644706e18eab3a889c1df71b158ee1a3c2eb50 What would elevated bond yields mean for Asian economies and currencies? What would elevated bond yields mean for Asian economies and currencies? https://www.businesstimes.com.sg/companies-markets/banking-finance/chinas-largest-five-banks-report-strongest-first-half-profit-height-property-crash The Business Times en 2026-08-28T17:27:44+08:00 China’s largest five banks report strongest first-half profit since height of property crash https://cassette.sphdigital.com.sg/image/businesstimes/f477bd6847facfdeb8f7e6a049bd6b334e4bbe7d8a13878b2058774956d21966 Industrial and Commercial Bank of China , the world’s largest lender by assets, reported on Friday a 3.3 per cent rise in first-half net profit Industrial and Commercial Bank of China , the world’s largest lender by assets, reported on Friday a 3.3 per cent rise in first-half net profit https://www.businesstimes.com.sg/lifestyle/food-drink/xava-skybar-wants-bring-day-night-appeal-national-gallery-singapore The Business Times en 2026-08-28T17:00:00+08:00 Xava Skybar wants to bring ‘day-to-night’ appeal to National Gallery Singapore https://cassette.sphdigital.com.sg/image/businesstimes/1775b5d475dbc7c40759a6ed034d70ac28d2b2a1b5c5b7b4bbec2841caf8a266 The interior of Xava Skybar, a cocktail bar at National Gallery Singapore. The 12 circular LED screens on the ceiling can be customised for private bookings. Xava Skybar has 12 customisable, circular LED screens on its ceiling. https://www.businesstimes.com.sg/companies-markets/hong-leong-rhb-and-uob-kay-hian-upgrade-ihh-buy-after-earnings-beat-estimates The Business Times en 2026-08-28T16:56:48+08:00 Hong Leong, RHB and UOB Kay Hian upgrade IHH to ‘buy’ after earnings beat estimates https://cassette.sphdigital.com.sg/image/businesstimes/05a284410b6c5080d24c38e83ade2368cc5ad6894e71f8757b90389dad21ed20 IHH’s latest financial results exceed consensus estimates. IHH’s latest financial results exceed consensus estimates. https://www.businesstimes.com.sg/singapore/smes/how-selling-milk-built-retail-empire-sg The Business Times en 2026-08-28T15:52:10+08:00 How selling milk built this retail empire in SG https://www.businesstimes.com.sg/companies-markets/banking-finance/softbank-seeks-another-us10-billion-loan-openai-stake-funding The Business Times en 2026-08-28T15:37:23+08:00 SoftBank seeks another US$10 billion loan for OpenAI stake funding https://cassette.sphdigital.com.sg/image/businesstimes/b67394ffaeddc40059c20f4d98e54e8652650a856877fd7b5549c712e8468956 The loan would add to SoftBank’s flurry of recent debt financing activities tied to its bet on OpenAI, including a potential bond sale of as much as US$20 billion. The loan would add to SoftBank’s flurry of recent debt financing activities tied to its bet on OpenAI, including a potential bond sale of as much as US$20 billion. https://www.businesstimes.com.sg/property/china-vanke-posts-us2-2-billion-loss-debt-pressure-mounts The Business Times en 2026-08-28T15:33:14+08:00 China Vanke posts US$2.2 billion loss as debt pressure mounts https://cassette.sphdigital.com.sg/image/businesstimes/3302e0e5c0867c83382d0dda729dce757f81f06d1997f3526f744f683a0149b5 Vanke, which has nearly a trillion yuan of assets, is one of the few Chinese developers to have avoided defaulting on their debt during the nation’s prolonged real estate slump.  Vanke, which has nearly a trillion yuan of assets, is one of the few Chinese developers to have avoided defaulting on their debt during the nation’s prolonged real estate slump.  https://www.businesstimes.com.sg/opinion-features/rooting-out-scam-scourge-south-east-asia The Business Times en 2026-08-28T15:30:00+08:00 Rooting out the scam scourge in South-east Asia https://cassette.sphdigital.com.sg/image/businesstimes/0d282befa0fc4bd2d11c49cd56f12acca855a4378b30fe2076654de0f2d8459c Despite numerous crackdowns, South-east Asia’s multibillion-dollar cyberscam industry has proven remarkably resilient.  Despite numerous crackdowns, South-east Asia’s multibillion-dollar cyberscam industry has proven remarkably resilient.  https://www.businesstimes.com.sg/companies-markets/boards-need-reset-governance-fundamentals-still-hold-indranee-rajah The Business Times en 2026-08-28T15:17:33+08:00 Boards need a reset, but governance fundamentals still hold: Indranee Rajah https://cassette.sphdigital.com.sg/image/businesstimes/7570caf19c4d112e22fe1527956adab37072d7818779bfc9355b834309d4d0fd Minister in the Prime Minister’s Office Indranee Rajah announces the new Company Director Fundamentals programme. Minister in the Prime Minister’s Office Indranee Rajah announces the new Company Director Fundamentals programme. https://www.businesstimes.com.sg/companies-markets/hong-kong-exchange-launch-shein-derivatives-after-trading-debut-next-week The Business Times en 2026-08-28T15:00:32+08:00 Hong Kong exchange to launch Shein derivatives after trading debut next week https://cassette.sphdigital.com.sg/image/businesstimes/53b27a6a711ac932010a6462b931cb2a2fa14aaa1d7823876fe4823827c01166 The simultaneous launch of options, warrants and short-selling gives investors immediate trading and hedging tools, boosting liquidity and price discovery. The simultaneous launch of options, warrants and short-selling gives investors immediate trading and hedging tools, boosting liquidity and price discovery. https://www.businesstimes.com.sg/property/japan-regulator-steps-scrutiny-50-year-home-loans The Business Times en 2026-08-28T14:29:25+08:00 Japan regulator steps up scrutiny of 50-year home loans https://cassette.sphdigital.com.sg/image/businesstimes/57b4db8c60048c9be187fb17481517f3b4fcef575096c988fd21ddf0fc171b25 The BOJ is expected to keep raising interest rates, which would put pressure on borrowers who determined how much they can afford based on their initially low monthly repayments.  The BOJ is expected to keep raising interest rates, which would put pressure on borrowers who determined how much they can afford based on their initially low monthly repayments.  https://www.businesstimes.com.sg/property/top-sydney-builders-us2-3-billion-debt-woes-hit-private-credit The Business Times en 2026-08-28T14:10:32+08:00 Top Sydney builder’s US$2.3 billion debt woes hit private credit https://cassette.sphdigital.com.sg/image/businesstimes/d6a24c9283fc0e95559c3d92a495d1f23f2215b9be1887fc297d9cf45ac7b4f6 Bathla’s distress heightens concerns across Australia’s private lending market, which is heavily skewed towards property developers grappling with a housing downturn.  Bathla’s distress heightens concerns across Australia’s private lending market, which is heavily skewed towards property developers grappling with a housing downturn.  https://www.businesstimes.com.sg/companies-markets/more-15000-sign-national-accounting-bodys-ai-programme-two-months The Business Times en 2026-08-28T14:00:25+08:00 More than 15,000 sign up for national accounting body’s AI programme in two months https://cassette.sphdigital.com.sg/image/businesstimes/ff9fd7b4f6e73c00a8760138a9b23b0c83587c7f897ed8890277281b85c4d8c7 The programme aims to equip accountancy and corporate finance workers with practical skills to use AI effectively and responsibly. The programme aims to equip accountancy and corporate finance workers with practical skills to use AI effectively and responsibly. https://www.businesstimes.com.sg/wealth/wealth-investing/retirement-portfolios-are-getting-eaten-inflation-here-are-some-assets-consider The Business Times en 2026-08-28T14:00:00+08:00 Retirement portfolios are getting eaten up by inflation. Here are some assets to consider https://cassette.sphdigital.com.sg/image/businesstimes/2bb218cbedf770907dfb2f5673b6d05a7736642fda3a12333f7801b5373dba45 In Singapore, retirement portfolios tend to be concentrated in cash, fixed deposits and insurance products, says James Ooi of Tiger Brokers. In Singapore, retirement portfolios tend to be concentrated in cash, fixed deposits and insurance products, says James Ooi of Tiger Brokers. https://www.businesstimes.com.sg/property/us-mortgage-rates-rise-slightly-6-66-freddie-mac The Business Times en 2026-08-28T13:48:10+08:00 US mortgage rates rise slightly to 6.66%: Freddie Mac https://cassette.sphdigital.com.sg/image/businesstimes/a25407dcaac8d1ddae1393e7301f44570e6f74c5ef76af5d8fc3202145bfe2fd The US property market has been in the doldrums this year as borrowing rates remain elevated amid tariffs and inflation fears sparked by the war in Iran.  The US property market has been in the doldrums this year as borrowing rates remain elevated amid tariffs and inflation fears sparked by the war in Iran.  https://www.businesstimes.com.sg/companies-markets/chinese-carmakers-grow-market-share-europe-hybrid-surge The Business Times en 2026-08-28T13:47:00+08:00 Chinese carmakers grow market share in Europe with hybrid surge https://cassette.sphdigital.com.sg/image/businesstimes/d7589c19356fad429d0e1dc6498c082edd9b8fdf168cbfa046a6ec11465222a4 Unlike with fully electric vehicles, Chinese plug-in hybrid models do not currently face additional tariffs, though they may soon also be hit with duties. Unlike with fully electric vehicles, Chinese plug-in hybrid models do not currently face additional tariffs, though they may soon also be hit with duties. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/sk-hynix-starts-work-us4-billion-indiana-ai-memory-hub-expects-shortage-through-2030 The Business Times en 2026-08-28T13:29:28+08:00 SK Hynix starts work on US$4 billion Indiana AI memory hub, expects shortage through 2030 https://cassette.sphdigital.com.sg/image/businesstimes/d4253f34122faa181ecdc66b2b452b3eb8dbbbe3fef74442d09edf98ddf314fc (From left) Indiana Governor Mike Braun, SK Hynix CEO Kwak Noh-Jung and Purdue University president Mitchell E Daniels Jr at a groundbreaking ceremony for SK Hynix’s Indiana facility on Aug 27. (From left) Indiana Governor Mike Braun, SK Hynix CEO Kwak Noh-Jung and Purdue University president Mitchell E Daniels Jr at a groundbreaking ceremony for SK Hynix’s Indiana facility on Aug 27. https://www.businesstimes.com.sg/companies-markets/singapore-launches-liquid-cooling-standard-data-centres-tropical-climate The Business Times en 2026-08-28T12:41:17+08:00 Singapore launches liquid cooling standard for data centres in tropical climate https://cassette.sphdigital.com.sg/image/businesstimes/3a88ab288ec34368ffb0e781adebde9f3483ee4fa7b4e3a408d28a6cf6e24016 The move follows the Republic’s latest award of 200 megawatts in new data capacity. The move follows the Republic’s latest award of 200 megawatts in new data capacity. https://www.businesstimes.com.sg/companies-markets/transport-logistics/shipping-traffic-strait-hormuz-slips-below-10-day-average-data-shows The Business Times en 2026-08-28T12:20:58+08:00 Shipping traffic via Strait of Hormuz slips below 10-day average, data shows https://cassette.sphdigital.com.sg/image/businesstimes/540221eb9e4897867d42a980af12a807276674685b19bc722239dd396a71e511 Iran has agreed to draw up a list of conditions to restore normal traffic in Hormuz after a Qatari emissary pressed the Iranians to respect freedom of navigation. Iran has agreed to draw up a list of conditions to restore normal traffic in Hormuz after a Qatari emissary pressed the Iranians to respect freedom of navigation. https://www.businesstimes.com.sg/companies-markets/national-stock-exchange-australia-eyes-south-east-asia-listings-singapore-capital The Business Times en 2026-08-28T12:05:54+08:00 National Stock Exchange of Australia eyes South-east Asia for listings, Singapore for capital https://cassette.sphdigital.com.sg/image/businesstimes/befb08ef2116570355960ec9133ed0bbb6f70ec6ec47c4cb795deab0644abfa6 NSX CEO Max Cunningham notes that four constituents of Australian Securities Exchange’s top 200 disappeared from the bourse within weeks. NSX CEO Max Cunningham notes that four constituents of Australian Securities Exchange’s top 200 disappeared from the bourse within weeks. https://www.businesstimes.com.sg/international/global/everybody-should-be-edge-us-fed-officials-warn-inflation-jackson-hole-symposium-opens The Business Times en 2026-08-28T11:56:50+08:00 ‘Everybody should be on edge’: US Fed officials warn on inflation as Jackson Hole symposium opens https://cassette.sphdigital.com.sg/image/businesstimes/55549514b1bda055521701b7f1b3fe26aa661297d838e0fbcd1a1393d35017ba (From left): Kansas City Fed President Jeffrey Schmid, Chicago Fed President Austan Goolsbee and Cleveland Fed President Beth Hammack. (From left): Kansas City Fed President Jeffrey Schmid, Chicago Fed President Austan Goolsbee and Cleveland Fed President Beth Hammack. https://www.businesstimes.com.sg/opinion-features/why-pay-rise-wont-stop-your-best-staff-leaving The Business Times en 2026-08-28T11:33:49+08:00 Why a pay rise won’t stop your best staff from leaving https://cassette.sphdigital.com.sg/image/businesstimes/250475f550eb6f6f19d52be148b88c4003c411a12fe9d362bfc27b246efb25dd Replacing someone is not just a hiring cost; weeks are spent recruiting, onboarding and training. Replacing someone is not just a hiring cost; weeks are spent recruiting, onboarding and training. https://www.businesstimes.com.sg/property/china-pullback-leads-drop-thailands-foreign-condo-demand The Business Times en 2026-08-28T11:24:28+08:00 China pullback leads drop in Thailand’s foreign condo demand https://cassette.sphdigital.com.sg/image/businesstimes/a208455d65c7c674bd78d39184b1e59e74dec7d7322f86206acba3f423e9782e Foreign buyers took ownership of 6,533 units from January through June, down 8.8% on the year. Foreign buyers took ownership of 6,533 units from January through June, down 8.8% on the year. https://www.businesstimes.com.sg/companies-markets/guocoland-h2-net-profit-down-70-s9-8-million The Business Times en 2026-08-28T11:19:41+08:00 GuocoLand H2 net profit down 70% at S$9.8 million https://cassette.sphdigital.com.sg/image/businesstimes/ec4f96754e445fe3f70f074fa9492ea65f6ea3d5a99e71dede4b70d231a0e07d Earnings per share for GuocoLand’s second half ended Jun 30 are down at S$0.0028, from S$0.0256 a year earlier. Earnings per share for GuocoLand’s second half ended Jun 30 are down at S$0.0028, from S$0.0256 a year earlier. https://www.businesstimes.com.sg/lifestyle/how-residencies-took-over-music-industry The Business Times en 2026-08-28T11:14:49+08:00 How residencies took over the music industry https://cassette.sphdigital.com.sg/image/businesstimes/0f69a29185c0b8577d3b8f9ac01e68aacb6c1b3f9ca046e0daedf567cbe6ef9c Harry Styles has kicked off his 30-show residency in New York City’s Madison Square Garden. Harry Styles has kicked off his 30-show residency in New York City’s Madison Square Garden. https://www.businesstimes.com.sg/companies-markets/advent-stripe-abandon-us50-billion-pursuit-paypal-sources The Business Times en 2026-08-28T11:10:40+08:00 Advent, Stripe abandon US$50 billion pursuit of PayPal: sources https://cassette.sphdigital.com.sg/image/businesstimes/2bc2dbdf5a888810d189c23fb5a3355bbc1f9f01c2365a56253d9653e8ded3b2 PayPal had reportedly found Advent and Stripe’s initial bid insufficient, and the two sides were negotiating a potential higher price.  PayPal had reportedly found Advent and Stripe’s initial bid insufficient, and the two sides were negotiating a potential higher price.  https://www.businesstimes.com.sg/international/asean/whats-luck-got-do-it-everything-says-malaysian-jewellery-king-tomeis-chief The Business Times en 2026-08-28T11:08:29+08:00 What’s luck got to do with it? Everything, says Malaysian jewellery king Tomei’s chief https://cassette.sphdigital.com.sg/image/businesstimes/00ec14b7e4617d2a4a0d6f1b1fb63366dcf58c651558e4f96d08f4fa782c1d1e Ng Yih Pyng, group managing director of Malaysian jeweller Tomei Consolidated. “I consider myself lucky. I don’t consider myself successful,” says Ng Yih Pyng, the second-generation leader of Tomei Consolidated. https://www.businesstimes.com.sg/companies-markets/anthropic-wins-court-challenge-us-supply-chain-risk-label The Business Times en 2026-08-28T11:04:34+08:00 Anthropic wins court challenge to US supply chain risk label https://cassette.sphdigital.com.sg/image/businesstimes/3fb303eb1eca472c88ae403b845b5d7a68d33c27ad01ae7ac55dbd9ce437f00f The ruling is a key victory for the AI giant, which has been locked in a dispute with the Trump administration over the use of its AI tech by the military. The ruling is a key victory for the AI giant, which has been locked in a dispute with the Trump administration over the use of its AI tech by the military. https://www.businesstimes.com.sg/international/global/nepal-tibet-flash-flood-kills-least-469-fast-filling-lakes-raise-threat-further-floods The Business Times en 2026-08-28T10:41:24+08:00 Nepal-Tibet flash flood kills at least 469; fast-filling lakes raise threat of further floods https://cassette.sphdigital.com.sg/image/businesstimes/f2a036d288ce0f843815079485255a0493eb4b2b6c4d7332a5d371a17a0b8cfd Blocked roads and difficult access have made it difficult to transport injured survivors out of the flooded area. Blocked roads and difficult access have made it difficult to transport injured survivors out of the flooded area. https://www.businesstimes.com.sg/companies-markets/frencken-shares-end-7-5-lower-after-s100-million-placement The Business Times en 2026-08-28T10:27:26+08:00 Frencken shares end 7.5% lower after S$100 million placement https://cassette.sphdigital.com.sg/image/businesstimes/4a0c21947b08a7a7b0cd69ec0126eb49342648fe3b11d77f94525e33e5b40acf The technology solutions provider’s shares fall as low as S$2.33 at market open. The technology solutions provider’s shares fall as low as S$2.33 at market open. https://www.businesstimes.com.sg/companies-markets/singapore-digital-banks-want-more-just-your-deposits-credit-cards-are-next-battleground The Business Times en 2026-08-28T10:23:03+08:00 Singapore digital banks want more than just your deposits; credit cards are the next battleground https://cassette.sphdigital.com.sg/image/businesstimes/d79a088fb4d97e3a80f22ab100c08f19c7b5e1fc215da754c0d534e055af2040 GXS Bank, MariBank and Trust Bank have issued credit cards in an effort to engage customers on a more regular basis. GXS Bank, MariBank and Trust Bank have issued credit cards in an effort to engage customers on a more regular basis. https://www.businesstimes.com.sg/opinion-features/canadas-fight-us-has-far-bigger-stakes-trade The Business Times en 2026-08-28T10:18:52+08:00 Canada’s fight with the US has far bigger stakes than trade https://cassette.sphdigital.com.sg/image/businesstimes/6c2f7e6b9078f0576ba640d7a1eeea4e3106945267522b638be18ec64ab0256b Canadian Prime Minister Mark Carney speaking at a press conference in Ottawa, on Aug 22, after trade talks with the US collapsed. Canadian Prime Minister Mark Carney speaking at a press conference in Ottawa, on Aug 22, after trade talks with the US collapsed. https://www.businesstimes.com.sg/companies-markets/transport-logistics/aster-marks-third-singapore-deal-changi-airport-fuel-infrastructure-stake The Business Times en 2026-08-28T10:13:53+08:00 Aster marks third Singapore deal with Changi Airport fuel infrastructure stake https://cassette.sphdigital.com.sg/image/businesstimes/92592576726d5f86559b2a546b1e53e8330f69e7573f8510d30c667d1abdda4d Aster says that becoming a CAFHI shareholder complements its growing sustainable aviation fuel capabilities. Aster says that becoming a CAFHI shareholder complements its growing sustainable aviation fuel capabilities. https://www.businesstimes.com.sg/companies-markets/sk-hynix-weighs-closer-ties-japans-memory-industry The Business Times en 2026-08-28T10:10:50+08:00 SK Hynix weighs closer ties with Japan’s memory industry https://cassette.sphdigital.com.sg/image/businesstimes/e1124d8e3639f1886f375420f5b370070b66abc95af30ab287fd2e550e366fb4 SK Hynix CEO Kwak Noh-jung says the firm is looking at how it can co-develop the Nand flash market with customers and suppliers. SK Hynix CEO Kwak Noh-jung says the firm is looking at how it can co-develop the Nand flash market with customers and suppliers. https://www.businesstimes.com.sg/startups-tech/anthropic-weighed-us7-billion-matx-purchase-push-reduce-nvidia-reliance-sources The Business Times en 2026-08-28T09:44:31+08:00 Anthropic weighed US$7 billion MatX purchase in push to reduce Nvidia reliance: sources https://cassette.sphdigital.com.sg/image/businesstimes/6dac789a41168c444b63812ed6af1667ecda7b9366f08d11b1b241fd6a674ab3 Anthropic, which is expected to list in 2026, has hired engineering and executive talent to accelerate the chip design process, which could take years. Anthropic, which is expected to list in 2026, has hired engineering and executive talent to accelerate the chip design process, which could take years. https://www.businesstimes.com.sg/international/south-korea-japan-and-us-hold-north-korea-focused-nuclear-missile-drill The Business Times en 2026-08-28T08:58:53+08:00 South Korea, Japan and US to hold North Korea-focused nuclear missile drill https://cassette.sphdigital.com.sg/image/businesstimes/c12aa4881907eecde307a7bac44001464c13b9a2f59099b97853013f25845416 South Korean marines take part in a US-South Korea marine corps combined amphibious landing drill in 2024. South Korean marines take part in a US-South Korea marine corps combined amphibious landing drill in 2024. https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-slips-us-fed-chairs-jackson-hole-speech-looms The Business Times en 2026-08-28T08:46:52+08:00 Gold slips as US Fed chair’s Jackson Hole speech looms https://cassette.sphdigital.com.sg/image/businesstimes/ab3d0dd33967ed2dac79f5304ccdf15f2f76c2a1862243cce3b585940289bbbe Despite its role as an inflation hedge, gold tends to lose appeal in a high interest rate environment as it offers no yield.  Despite its role as an inflation hedge, gold tends to lose appeal in a high interest rate environment as it offers no yield.  https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/price-liquidity-too-high-some-us-private-credit-investors-prefer-be-trapped-over-26-loss The Business Times en 2026-08-28T08:29:44+08:00 ‘Price of liquidity’ too high: Some US private credit investors prefer to be trapped over 26% loss https://cassette.sphdigital.com.sg/image/businesstimes/8fd3a5c68859156d7460766bc4ab69bc7c22901d3f1af47265c41175ab1b3bbe The mixed success of bids to buy out private credit investors, offered at varying discounts, suggests that angst around the asset class has limits. The mixed success of bids to buy out private credit investors, offered at varying discounts, suggests that angst around the asset class has limits. https://www.businesstimes.com.sg/international/global/iran-war-diplomacy-turns-toward-reopening-strait-hormuz The Business Times en 2026-08-28T08:27:50+08:00 Iran war diplomacy turns toward reopening Strait of Hormuz https://cassette.sphdigital.com.sg/image/businesstimes/64b3640e662eea5bf1124e8d00460da6db8f99c5e82ddf44413dc709117f9d69 Qatar’s PM Sheikh Mohammed bin Abdulrahman Al Thani (left) with Iran’s top negotiator Mohammad Baqer Qalibaf in Teheran on Aug 27. Qatar’s PM Sheikh Mohammed bin Abdulrahman Al Thani (left) with Iran’s top negotiator Mohammad Baqer Qalibaf in Teheran on Aug 27. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/stocks-watch-frencken-seatrium The Business Times en 2026-08-28T08:24:50+08:00 Stocks to watch: Frencken, Seatrium https://cassette.sphdigital.com.sg/image/businesstimes/18f883cee9f41fee2095a2796ba5436372318c0fb092b24ecc2b211c20d478a2 Frencken’s proposed placement share price is at a 10% discount and represents about 10.3% of the existing issued shares as at Thursday. Frencken’s proposed placement share price is at a 10% discount and represents about 10.3% of the existing issued shares as at Thursday. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/asian-shares-rise-treasuries-steady-us-fed-chairs-policy-speech-kospi-down-1-3 The Business Times en 2026-08-28T08:09:58+08:00 Asian shares rise, Treasuries steady before US Fed chair’s policy speech; Kospi down 1.3% https://cassette.sphdigital.com.sg/image/businesstimes/eed2bb6aa968fda55abf84a9344d4d0c4f3d9f8993cb192ff88a0ec585c438ed Japan’s Topix rose 0.9%, Australia’s S&P/ASX 200 climbed 0.4%, Hong Kong’s Hang Seng advanced 0.5% and the Shanghai Composite was little changed. Japan’s Topix rose 0.9%, Australia’s S&P/ASX 200 climbed 0.4%, Hong Kong’s Hang Seng advanced 0.5% and the Shanghai Composite was little changed. https://www.businesstimes.com.sg/international/global/trump-renames-lake-ontario-lake-america-amid-escalating-trade-war-canada The Business Times en 2026-08-28T07:32:44+08:00 Trump renames Lake Ontario as ‘Lake America’ amid escalating trade war with Canada https://cassette.sphdigital.com.sg/image/businesstimes/39bc443316408ee8e51b175ab7810afd8c7016c214ae51d52a8aa59c7f819dfb Since early 2025, Trump has repeatedly taunted Canada about becoming the 51st US state, an idea Canadian leaders have dismissed as ridiculous. Since early 2025, Trump has repeatedly taunted Canada about becoming the 51st US state, an idea Canadian leaders have dismissed as ridiculous.