https://www.businesstimes.com.sg/international/iran-buries-victims-reported-us-wedding-attack-fires-kuwait The Business Times en 2026-09-04T07:23:44+08:00 Iran buries victims of reported US wedding attack, fires on Kuwait https://cassette.sphdigital.com.sg/image/businesstimes/94aabb9017605ec89d557b52aa66c0fb50fbe4b669a70557f721d315d76aad1b An injured victim lies in a hospital bed, following a reported attack near a wedding, near Sirik, Iran, Sep 2, 2026. An injured victim lies in a hospital bed, following a reported attack near a wedding, near Sirik, Iran, Sep 2, 2026. https://www.businesstimes.com.sg/international/luxury-spending-spurs-hong-kongs-flight-quality-economic-recovery-analysts The Business Times en 2026-09-04T07:00:00+08:00 Luxury spending spurs Hong Kong’s ‘flight to quality’ economic recovery: analysts https://cassette.sphdigital.com.sg/image/businesstimes/5c0e5caf3438325905f0aef420ef9ad4245140bbe6d3beba54c2eb52471a179e Hong Kong remains the world’s most expensive residential market but sales prices remain nearly 20% below the high-water mark set in 2021, the peak, according to JLL. Hong Kong remains the world’s most expensive residential market but sales prices remain nearly 20% below the high-water mark set in 2021, the peak, according to JLL. https://www.businesstimes.com.sg/companies-markets/most-good-ones-arent-looking-singapore-fintechs-flag-challenge-finding-talent-both-finance-and-tech The Business Times en 2026-09-04T07:00:00+08:00 ‘Most of the good ones aren’t looking’: Singapore fintechs flag challenge of finding talent with both finance and tech skills https://cassette.sphdigital.com.sg/image/businesstimes/731ab2977e9754787ff42d670d18e5b0f085dd96d14a44723102743606df5566 The need for multidisciplinary talent is becoming more pressing, with artificial intelligence now more widely used in the financial services industry. The need for multidisciplinary talent is becoming more pressing, with artificial intelligence now more widely used in the financial services industry. https://www.businesstimes.com.sg/international/white-house-pressures-us-space-firms-skip-paris-space-summit-sources The Business Times en 2026-09-04T06:51:50+08:00 White House pressures US space firms to skip Paris space summit: sources https://cassette.sphdigital.com.sg/image/businesstimes/bd91039d6b27b603cd0c106d63c083c81ab6fedc9553fe65287aa75648565601 European countries are ramping up investments in civil and military space capabilities to reduce reliance on US firms like Elon Musk’s SpaceX. European countries are ramping up investments in civil and military space capabilities to reduce reliance on US firms like Elon Musk’s SpaceX. https://www.businesstimes.com.sg/companies-markets/banking-finance/us-feds-waller-says-safety-premium-treasuries-gone-pushing-neutral-rate-higher The Business Times en 2026-09-04T06:30:10+08:00 US Fed’s Waller says safety premium for Treasuries is gone, pushing neutral rate higher https://cassette.sphdigital.com.sg/image/businesstimes/8e45543e3427985ebd72a8d58ca45264ae09fc2f8c0751222e61447b9a2cea22 Federal Reserve Board Governor Christopher Waller speaks prior to giving a Reuters interview in Washington, D.C., Sep 3, 2026. Federal Reserve Board Governor Christopher Waller speaks prior to giving a Reuters interview in Washington, D.C., Sep 3, 2026. https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-prices-mixed-investors-weigh-middle-east-escalation-chance-ukraine-peace-deal The Business Times en 2026-09-04T06:09:40+08:00 Oil prices mixed as investors weigh Middle East escalation, chance of Ukraine peace deal https://cassette.sphdigital.com.sg/image/businesstimes/654d66362ad828d9c62e7dd733b6548746a56d0d166ba9147c10a9463abec113 Brent crude futures settled down 11 cents, or 0.12 per cent, at US$95.52 a barrel on Thursday. Brent crude futures settled down 11 cents, or 0.12 per cent, at US$95.52 a barrel on Thursday. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-stocks-recover-one-month-lows-bond-yields-retreat The Business Times en 2026-09-04T05:54:55+08:00 European stocks recover from one-month lows as bond yields retreat https://cassette.sphdigital.com.sg/image/businesstimes/f75950ca06c034ebfe74e6c3ae184fd425cb257390b26184c60177b1b3633e77 The Stoxx 600 closed 0.49 per cent higher at 649.1 on Thursday.  The Stoxx 600 closed 0.49 per cent higher at 649.1 on Thursday.  https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-wall-street-ends-sharply-higher-waller-remarks-ease-rate-hike-fears The Business Times en 2026-09-04T05:47:03+08:00 US stocks: Wall Street ends sharply higher as Waller remarks ease rate hike fears https://cassette.sphdigital.com.sg/image/businesstimes/b60dc00d0f2fa4c4c0ad8e5b6d195de057c8b761675b61e5fd6792758b3731da The Dow Jones Industrial Average rose 624.16 points, or 1.18 per cent, to 53,686.11 on Thursday. The Dow Jones Industrial Average rose 624.16 points, or 1.18 per cent, to 53,686.11 on Thursday. https://www.businesstimes.com.sg/companies-markets/paypal-cuts-220-india-jobs-part-previously-announced-restructuring-plan The Business Times en 2026-09-03T23:28:00+08:00 PayPal cuts 220 India jobs as part of previously announced restructuring plan https://cassette.sphdigital.com.sg/image/businesstimes/c35b188a5e916448540cc10e3e368656bf53c7cdacbfef5baee67e0df4edc1cd The firm has outlined extensive cost-saving measures as it seeks to sharpen its competitive position in the crowded payments market. The firm has outlined extensive cost-saving measures as it seeks to sharpen its competitive position in the crowded payments market. https://www.businesstimes.com.sg/international/china-deploys-first-2026-policy-financing-funds-spur-investment The Business Times en 2026-09-03T23:10:00+08:00 China deploys first 2026 policy financing funds to spur investment https://cassette.sphdigital.com.sg/image/businesstimes/3302e0e5c0867c83382d0dda729dce757f81f06d1997f3526f744f683a0149b5 The funds from China’s largest policy bank will be used to replenish capital for major construction projects backed by private investors. The funds from China’s largest policy bank will be used to replenish capital for major construction projects backed by private investors. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/nvidia-buy-hugging-face-us13-billion-big-bet-open-ai-models The Business Times en 2026-09-03T22:33:10+08:00 Nvidia to buy Hugging Face for US$13 billion in big bet on open AI models https://cassette.sphdigital.com.sg/image/businesstimes/c1a4b0c422764f56ed001af5f55a48aa247c9aa33d83705bef816c47ec15b607 The deal will cement Nvidia as a central player in the market for open models that users can freely download, run and customise. The deal will cement Nvidia as a central player in the market for open models that users can freely download, run and customise. https://www.businesstimes.com.sg/companies-markets/wall-st-opens-higher-after-feds-waller-signals-patience-rate-policy The Business Times en 2026-09-03T21:50:25+08:00 Wall St opens higher after Fed's Waller signals patience on rate policy https://cassette.sphdigital.com.sg/image/businesstimes/ab829f67b5d5a58922594ae4c19b7f2349bc0cb4976e8fde431aaec91b63f367 The S&P 500 rose 20.1 points, or 0.26%, at the open to 7,686.71​, while the Nasdaq Composite rose 118.5 points, or 0.45%, to 26,336.322.  The S&P 500 rose 20.1 points, or 0.26%, at the open to 7,686.71​, while the Nasdaq Composite rose 118.5 points, or 0.45%, to 26,336.322.  https://www.businesstimes.com.sg/international/us-trade-gap-widens-largest-early-2025-ai-push The Business Times en 2026-09-03T21:30:48+08:00 US trade gap widens to largest since early 2025 on AI push https://cassette.sphdigital.com.sg/image/businesstimes/82bd476fc862d0593b85fd407627175b72e201ae7b6f634dc2b9458023f3acf5 The report showed an 11.4 per cent surge in imports of capital goods – a category that includes computers and accessories, semiconductors and telecommunications equipment . The report showed an 11.4 per cent surge in imports of capital goods – a category that includes computers and accessories, semiconductors and telecommunications equipment . https://www.businesstimes.com.sg/international/us-weekly-jobless-claims-rise-marginally-amid-stable-labour-market The Business Times en 2026-09-03T21:10:25+08:00 US weekly jobless claims rise marginally amid stable labour market https://cassette.sphdigital.com.sg/image/businesstimes/7405cb6b4fd9863028d7b7066021a614ee79be08e5d2ef8143985b2f3b5634f8 Claims are hovering in the lower end of their 189,000-230,000 range for this year, consistent with what economists say remains a “slow hire, slow fire” labour market. Claims are hovering in the lower end of their 189,000-230,000 range for this year, consistent with what economists say remains a “slow hire, slow fire” labour market. https://www.businesstimes.com.sg/singapore/green-jet-fuel-levy-air-cargo-deferred-year The Business Times en 2026-09-03T20:59:24+08:00 Green jet fuel levy for air cargo deferred for a year https://cassette.sphdigital.com.sg/image/businesstimes/d6e6bb6eb28b4928f348d1620e3b3be02e7360ede1fb649364de48ed9abd2008 The levy will range between S$1 and S$41.60, depending on the flight distance and cabin class booked. The levy will range between S$1 and S$41.60, depending on the flight distance and cabin class booked. https://www.businesstimes.com.sg/companies-markets/banking-finance/yen-rallies-sharply-markets-raise-bets-bank-japan-rate-hikes-us-dollar-drops The Business Times en 2026-09-03T20:37:25+08:00 Yen rallies sharply as markets raise bets on Bank of Japan rate hikes; US dollar drops https://cassette.sphdigital.com.sg/image/businesstimes/7383370a37c21b620627cc51a1316c4965d2e6db094aa58b98a3fa6dd56ca0a5 The US dollar dropped 1.5 per cent to 156.17 yen, after a 0.9 per cent fall the day before, leaving the Japanese currency at its strongest in a month. The US dollar dropped 1.5 per cent to 156.17 yen, after a 0.9 per cent fall the day before, leaving the Japanese currency at its strongest in a month. https://www.businesstimes.com.sg/companies-markets/singapore-shares-edge-amid-mixed-regional-showing-sti-gains-0-1 The Business Times en 2026-09-03T19:04:39+08:00 Singapore shares edge up amid mixed regional showing; STI gains 0.1% https://cassette.sphdigital.com.sg/image/businesstimes/359a9f1db181b6d8581dce1a9978bf8702975a4f4e8d2e938b9a752502e4c1bb Across the broader market, losers beat gainers 285 to 256, as 1.3 billion securities worth S$1.8 billion change hands. Across the broader market, losers beat gainers 285 to 256, as 1.3 billion securities worth S$1.8 billion change hands. https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-sep-32 The Business Times en 2026-09-03T18:45:00+08:00 Daily Debrief: What Happened Today (Sep 3) https://cassette.sphdigital.com.sg/image/businesstimes/59a5d334447135204323c85b3e4e72f66df6ba2e371004dbe97c5d00e8544b97 Among employers with lower-wage workers, 86% say they are committed to giving built-in wage increases in 2027. Among employers with lower-wage workers, 86% say they are committed to giving built-in wage increases in 2027. https://www.businesstimes.com.sg/thrive/career-guide/dont-interrupt-candidate-ai-sitting-your-job-interviews The Business Times en 2026-09-03T18:22:29+08:00 ‘Don’t interrupt the candidate’: AI is sitting in on your job interviews https://cassette.sphdigital.com.sg/image/businesstimes/5bf7efd7b9bee098e02fd003051860c7c903d695115dbe1ea6e56a0c1e24d0a2 BT BT https://www.businesstimes.com.sg/international/asean/asean-can-be-self-sufficient-energy-food-integrated-market-singapores-chief-climate-negotiator The Business Times en 2026-09-03T18:14:41+08:00 Asean can be self-sufficient in energy, food with an integrated market: Singapore’s chief climate negotiator https://cassette.sphdigital.com.sg/image/businesstimes/e712a9a40422c53f9ffad882646c3d3ef81af8ef9b02406e1ac29fc1e5d8f572 Left to right: David Kelly, executive director of British Chamber of Commerce Singapore; Sadik Arslan, Turkish ambassador to Singapore; Emily Follett; Australian deputy high commissioner to Singapore; Joseph Teo, Singapore’s chief climate change negotiator. The panel is part of a sustainability conference organised by the British Chamber of Commerce Singapore on Sep 3. Left to right: David Kelly, executive director of British Chamber of Commerce Singapore; Sadik Arslan, Turkish ambassador to Singapore; Emily Follett; Australian deputy high commissioner to Singapore; Joseph Teo, Singapore's chief climate change negotiator. https://www.businesstimes.com.sg/companies-markets/singapore-records-s1-3-billion-inflow-funds-q2-led-higher-allocation-funds-morningstar The Business Times en 2026-09-03T18:07:48+08:00 Singapore records S$1.3 billion inflow of funds in Q2, led by higher allocation funds: Morningstar https://cassette.sphdigital.com.sg/image/businesstimes/08b86b8c8a8ba1d789811bf618e7dc27f23b519d1bd66a871b6c08bb791634b5 Allocation funds – which invest across asset classes such as bonds and equities – attracted S$1.8 billion of net inflows in Singapore during Q2, up from S$1.5 billion in Q1. Allocation funds – which invest across asset classes such as bonds and equities – attracted S$1.8 billion of net inflows in Singapore during Q2, up from S$1.5 billion in Q1. https://www.businesstimes.com.sg/lifestyle/world-cup-rematch-singapore-brazil-face-japan-kallang-november The Business Times en 2026-09-03T17:40:03+08:00 World Cup rematch in Singapore as Brazil face Japan at The Kallang in November https://cassette.sphdigital.com.sg/image/businesstimes/40edf8e1eb02b8a67cddfab96c3436283595de0eb6bfe6d5a647123c91393bb0 Brazil's Gabriel Martinelli (right) celebrating with Vinicius Jr upon scoring the winning goal against Japan at the Fifa World Cup in Texas on Jun 29. The teams meet again on Nov 14. Brazil's Gabriel Martinelli (right) celebrating with Vinicius Jr upon scoring the winning goal against Japan at the Fifa World Cup in Texas on Jun 29. The teams meet again on Nov 14. https://www.businesstimes.com.sg/international/asias-economies-avert-energy-shock-fiscal-buffers-ai-boom The Business Times en 2026-09-03T17:14:30+08:00 Asia’s economies avert energy shock via fiscal buffers, AI boom https://cassette.sphdigital.com.sg/image/businesstimes/fbc057776843219bce947e11b8b17c55a0106deb30e1406b0f5c15a4f1b6392a In equities, Taiwan and South Korea (above) have surged ahead, with their benchmark indexes up about 35% and 15%, respectively, over the past six months.  In equities, Taiwan and South Korea (above) have surged ahead, with their benchmark indexes up about 35% and 15%, respectively, over the past six months.  https://www.businesstimes.com.sg/lifestyle/british-restaurant-wave-taking-over-us-one-scotch-egg-time The Business Times en 2026-09-03T16:44:29+08:00 A British restaurant wave is taking over the US, one Scotch egg at a time https://cassette.sphdigital.com.sg/image/businesstimes/2201d97ccdbdcd08c355e4fc3329588b039882b1263baf49740370bb8e9debdb From New York to San Francisco and Los Angeles, UK-inflected restaurants and pubs have opened to rave reviews. From New York to San Francisco and Los Angeles, UK-inflected restaurants and pubs have opened to rave reviews. https://www.businesstimes.com.sg/companies-markets/transport-logistics/malaysias-finance-ministry-hires-adviser-assess-airasias-funding-needs The Business Times en 2026-09-03T16:39:24+08:00 Malaysia's finance ministry hires adviser to assess AirAsia’s funding needs https://cassette.sphdigital.com.sg/image/businesstimes/e0f7563c941ca3bac0d4669fce696789ae21ff216794e38b8b4321e0c6164b00 The government’s involvement is driven partly by AirAsia’s role as a major employer and provider of affordable air connectivity across the region. The government’s involvement is driven partly by AirAsia’s role as a major employer and provider of affordable air connectivity across the region. https://www.businesstimes.com.sg/companies-markets/chinese-ai-firm-moonshot-files-confidentially-hong-kong-ipo-sources-say The Business Times en 2026-09-03T16:16:47+08:00 Chinese AI firm Moonshot files confidentially for Hong Kong IPO, sources say https://cassette.sphdigital.com.sg/image/businesstimes/85c1cd54caba7895d9f8970591572fbca07601674bb2f086d298f0b32c67b847 The IPO timetable will be subject to regulatory approvals and financial details could change depending on market conditions, said sources. The IPO timetable will be subject to regulatory approvals and financial details could change depending on market conditions, said sources. https://www.businesstimes.com.sg/lifestyle/food-drink/mediterranean-japanese-fusion-noor The Business Times en 2026-09-03T16:00:00+08:00 Mediterranean-Japanese fusion at Noor https://cassette.sphdigital.com.sg/image/businesstimes/08b550e8278251a64298751a290942443b9a47412ce1547f46d42ac6f3eda1bd Noor’s Mediterranean-influenced interiors feature dusky terracotta walls, velvet sofas and strategic neon lighting. Noor’s Mediterranean-influenced interiors feature dusky terracotta walls, velvet sofas and strategic neon lighting. https://www.businesstimes.com.sg/international/asean/malaysias-central-bank-holds-rates-again-says-growth-momentum-continue-2027 The Business Times en 2026-09-03T15:56:09+08:00 Malaysia’s central bank holds rates again, says growth momentum to continue in 2027 https://cassette.sphdigital.com.sg/image/businesstimes/78f2ca8ecd4142a6b09587c16202d387b9bc2d3af0b37ea72a56df9faba4520f Sound fundamentals are expected to keep growth resilient in 2027, with gains to be driven by export demand and sustained tourist spending, notes BNM. Sound fundamentals are expected to keep growth resilient in 2027, with gains to be driven by export demand and sustained tourist spending, notes BNM. https://www.businesstimes.com.sg/companies-markets/japans-nikkei-posts-one-month-closing-low-rate-fx-uncertainty The Business Times en 2026-09-03T15:48:50+08:00 Japan's Nikkei posts one-month closing low on rate, FX uncertainty https://cassette.sphdigital.com.sg/image/businesstimes/9aefc5031842b4f9b4f5569d034bc6f3cd514c2a165c7d006ecdbdc92c143c23 The Nikkei 225 Index ended 0.17 per cent lower at 64,214.48 after struggling for direction for much of the session. The Nikkei 225 Index ended 0.17 per cent lower at 64,214.48 after struggling for direction for much of the session. https://www.businesstimes.com.sg/international/tpgs-asia-onehealthcare-said-confidentially-file-us2-5-billion-ipo The Business Times en 2026-09-03T15:18:35+08:00 TPG’s Asia OneHealthcare said to confidentially file for US$2.5 billion IPO https://cassette.sphdigital.com.sg/image/businesstimes/bb4ecec73a5671026e1b26933a0155af06b2add570bcf7a6728420832cca8818 TPG-backed Asia OneHealthcare submitted a draft registration to the Securities Commission Malaysia last week, according to sources. TPG-backed Asia OneHealthcare submitted a draft registration to the Securities Commission Malaysia last week, according to sources. https://www.businesstimes.com.sg/property/tech-hub-seattles-luxury-homes-languish-ai-job-cuts-and-taxes-hit The Business Times en 2026-09-03T15:04:19+08:00 Tech hub Seattle’s luxury homes languish as AI job cuts and taxes hit https://cassette.sphdigital.com.sg/image/businesstimes/a66a6f36199a05d2a9d4d6bdec282b8f2a21e8ab17ca9d639c13c6bf57be8378 Homes languishing on the market are rare for the Seattle area, long attractive for its plentiful jobs, lush scenery and lower cost of living. Homes languishing on the market are rare for the Seattle area, long attractive for its plentiful jobs, lush scenery and lower cost of living. https://www.businesstimes.com.sg/opinion-features/venezuela-oil-deal-historic-win-or-deferred-reckoning The Business Times en 2026-09-03T15:00:00+08:00 The Venezuela oil deal: Historic win or deferred reckoning? https://cassette.sphdigital.com.sg/image/businesstimes/8e47919ea051b13e8cf8efc33d958e73337c8d3096ec9dfc8ad26a62f0fdcf1f Venezuela’s reserves have sat largely undeveloped for two decades under a state oil company hollowed out by mismanagement, sanctions and capital flight. Venezuela’s reserves have sat largely undeveloped for two decades under a state oil company hollowed out by mismanagement, sanctions and capital flight. https://www.businesstimes.com.sg/companies-markets/capitaland-investment-retrenches-90-singapore-staff-2026-part-restructuring The Business Times en 2026-09-03T14:22:47+08:00 CapitaLand Investment retrenches 90 Singapore staff in 2026 as part of restructuring https://cassette.sphdigital.com.sg/image/businesstimes/0fed9365ac8d7135ed430788db2d7e69d9acab9f1a60d6115cf0dd247d9f15a5 The firm said it “periodically reviews its organisational structure” to ensure it remains aligned with its strategic priorities and long-term business needs. The firm said it “periodically reviews its organisational structure” to ensure it remains aligned with its strategic priorities and long-term business needs. https://www.businesstimes.com.sg/companies-markets/banking-finance/stratospheric-us127-billion-indias-diaspora-aid-rupee The Business Times en 2026-09-03T14:22:01+08:00 ‘Stratospheric’ US$127 billion from India’s diaspora to aid rupee https://cassette.sphdigital.com.sg/image/businesstimes/0ae11f63e483991fac8944f4f6b8b5b54e972e6275824c391514bb9efd0216ab The lenders used the RBI-backed incentives to make foreign-currency deposits more attractive by passing on rates as high as 7.75% to overseas Indians.  The lenders used the RBI-backed incentives to make foreign-currency deposits more attractive by passing on rates as high as 7.75% to overseas Indians.  https://www.businesstimes.com.sg/companies-markets/vinfast-linked-taxi-firm-gsm-eyes-us-eu-expansion-ahead-hong-kong-ipo The Business Times en 2026-09-03T14:13:29+08:00 VinFast-linked taxi firm GSM eyes US, EU expansion ahead of Hong Kong IPO https://cassette.sphdigital.com.sg/image/businesstimes/82f6feec2736b8bf61e8b0087db84a369fc9d425b442178d60e2cc2ea535a8b9 A VinFast electric taxi operated by Vietnam-based fleet operator Green and Smart Mobility in Hanoi. GSM’s turquoise-coloured taxis are a common sight in Vietnamese cities. GSM’s turquoise-coloured taxis are a common sight in Vietnamese cities. https://www.businesstimes.com.sg/lifestyle/arts-design/gillman-barracks-reminds-us-why-singapore-still-needs-arts-cluster The Business Times en 2026-09-03T14:10:00+08:00 Gillman Barracks reminds us why Singapore still needs an arts cluster https://cassette.sphdigital.com.sg/image/businesstimes/73b6892969559c71ea87a153c4fd6615926d873d2008a290947c0ddb202a85f7 Walk from one Gillman Barracks gallery to the next and something happens that’s difficult to replicate elsewhere – how one show builds on another, and opinions quietly form. Walk from one Gillman Barracks gallery to the next and something happens that’s difficult to replicate elsewhere – how one show builds on another, and opinions quietly form. https://www.businesstimes.com.sg/opinion-features/beyond-childcare-leave-building-family-friendly-workplaces-critical-step The Business Times en 2026-09-03T14:00:48+08:00 Beyond childcare leave: Building family-friendly workplaces is the critical step https://cassette.sphdigital.com.sg/image/businesstimes/2bb218cbedf770907dfb2f5673b6d05a7736642fda3a12333f7801b5373dba45 In a recent SNEF survey of employers, 83% cited rising manpower cost pressures as a top concern.  In a recent SNEF survey of employers, 83% cited rising manpower cost pressures as a top concern.  https://www.businesstimes.com.sg/lifestyle/food-drink/us-open-now-food-festival-side-tennis The Business Times en 2026-09-03T13:55:09+08:00 The US Open is now a food festival with a side of tennis https://cassette.sphdigital.com.sg/image/businesstimes/c2af918a369a85ddbc094554e43e71cd1feea5aa62a99047fd0bfb2c66c0914f People wait in line for Coqodaq during the US Open at the USTA Billie Jean King National Tennis Center in New York. In recent years, the tennis tournament has become a destination for New Yorkers and tourists, as much for the food and drink as the action on the courts. In recent years, the US Open has become a destination for New Yorkers and tourists, as much for the food and drink as the action on the courts. https://www.businesstimes.com.sg/companies-markets/banking-finance/australian-dollar-hovers-near-13-year-high-kiwi-rate-outlooks-diverge The Business Times en 2026-09-03T13:32:48+08:00 Australian dollar hovers near 13-year high on kiwi as rate outlooks diverge https://cassette.sphdigital.com.sg/image/businesstimes/c0df3d369fbcc4ce29891155238dcc8de1ce1e6f16b58be36a704852ba1a664b The Australian dollar slipped 0.1 per cent to NZ$1.2227, jumping 1 per cent overnight to hit a 13-year peak of NZ$1.2285. The Australian dollar slipped 0.1 per cent to NZ$1.2227, jumping 1 per cent overnight to hit a 13-year peak of NZ$1.2285. https://www.businesstimes.com.sg/international/trump-puts-tariffs-100-foreign-made-drones The Business Times en 2026-09-03T12:43:05+08:00 Trump puts tariffs of up to 100% on foreign-made drones https://cassette.sphdigital.com.sg/image/businesstimes/ad03fd0147591f8f206e93af732ecb7683bc28b7e9dc3e813f1cc37c99bdfe16 But critics say that the domestic drone industry cannot fill the gap and that the administration’s abrupt policy changes will do more harm than good. But critics say that the domestic drone industry cannot fill the gap and that the administration’s abrupt policy changes will do more harm than good. https://www.businesstimes.com.sg/lifestyle/arts-design/uob-artbeat-turns-banks-art-collection-inside-out The Business Times en 2026-09-03T12:30:00+08:00 UOB Artbeat turns the bank’s art collection inside out https://cassette.sphdigital.com.sg/image/businesstimes/69210e1bbdf173693babb55aa47448ac67ee90735edd38da327a7aaaa13b2e5d Veteran artist Goh Beng Kwan, who won the UOB Painting of the Year in 1982, has a selection of his works on display at UOB Artbeat. Veteran artist Goh Beng Kwan, who won the UOB Painting of the Year in 1982, has a selection of his works on display at UOB Artbeat. https://www.businesstimes.com.sg/companies-markets/tokens-outcomes-google-clouds-global-startups-head-sees-ai-cost-shift-expands-singapore-push The Business Times en 2026-09-03T12:00:00+08:00 From tokens to outcomes: Google Cloud’s global startups head sees AI cost shift, expands Singapore push https://cassette.sphdigital.com.sg/image/businesstimes/a2ebb48300ad6e92d41f3e36f5b4377570dcf706a456ee378fe02b9691f38f6c Darren Mowry, head of global startups at Google Cloud, says startups are now moving from a single AI model to a multi-modal approach. Darren Mowry, head of global startups at Google Cloud, says startups are now moving from a single AI model to a multi-modal approach. https://www.businesstimes.com.sg/lifestyle/keeping-golf-clubs-financially-sustainable The Business Times en 2026-09-03T12:00:00+08:00 Keeping golf clubs financially sustainable https://cassette.sphdigital.com.sg/image/businesstimes/c105f771e5d4f45eb21ce154470f6d66d97bce9f5b5ab25a0e52744b2740e1cb TMCC launched its Millennium Term Membership to a warm reception. TMCC launched its Millennium Term Membership to a warm reception. https://www.businesstimes.com.sg/companies-markets/banking-finance/yen-traders-brace-holiday-intervention-risk-around-bank-japan The Business Times en 2026-09-03T11:59:58+08:00 Yen traders brace for holiday intervention risk around Bank of Japan https://cassette.sphdigital.com.sg/image/businesstimes/62503f05f236fb2979e05ebeebb9e25507ea3b80923f875675bc9ed708c345d1 The yen gained as much as 0.5% to 157.99 on Sep 3. The yen gained as much as 0.5% to 157.99 on Sep 3. https://www.businesstimes.com.sg/singapore/over-half-employers-plan-hiring-freeze-wage-moderation-despite-better-outlook-snef-poll The Business Times en 2026-09-03T11:52:08+08:00 Over half of employers plan hiring freeze, wage moderation despite better outlook: SNEF poll https://cassette.sphdigital.com.sg/image/businesstimes/59a5d334447135204323c85b3e4e72f66df6ba2e371004dbe97c5d00e8544b97 Workers in the Central Business District, Singapore. For employers with lower-wage workers, 86% say they are committed to giving built-in wage increases in 2027, according to the Singapore National Employers Federation’s 2026 wage and employment outlook survey. Among employers with lower-wage workers, 86% say they are committed to giving built-in wage increases in 2027. https://www.businesstimes.com.sg/property/hongkong-land-eyes-billion-dollar-property-deals-blackstone-asset-amid-japan-push The Business Times en 2026-09-03T11:41:38+08:00 Hongkong Land eyes billion-dollar property deals, Blackstone asset amid Japan push https://cassette.sphdigital.com.sg/image/businesstimes/7dedd2414a353da0ceb96836c69d55dc3845347a3701cf5f9077f887daecce39 Hongkong Land has approached Blackstone and Hulic regarding assets centered around an office skyscraper in Tokyo’s central business districts. Hongkong Land has approached Blackstone and Hulic regarding assets centered around an office skyscraper in Tokyo’s central business districts. https://www.businesstimes.com.sg/wealth/wealth-singapores-50-richest-diverges-ocbc-sheng-siong-boom-offsets-tech-slide The Business Times en 2026-09-03T11:19:19+08:00 Wealth of Singapore’s 50 richest diverges as OCBC, Sheng Siong boom offsets tech slide https://cassette.sphdigital.com.sg/image/businesstimes/43ad969b0b070d092ce709e09c27449d8c8c963fc2f27db03c279b95cdf16bdb Singapore’s 50 richest include (clockwise from top left) Facebook’s Eduardo Saverin, CDL’s Kwek Leng Beng, Sea’s Forrest Li, Sheng Siong’s Lim Hock Chee, and FEO’s Robert and Philip Ng. Forbes has named (clockwise from top left) Meta’s Eduardo Saverin, CDL’s Kwek Leng Beng, Sea’s Forrest Li, Sheng Siong’s Lim Hock Chee, and FEO’s Robert and Philip Ng among Singapore’s richest. https://www.businesstimes.com.sg/international/asean/malaysian-banks-post-mixed-mid-2026-results-record-loan-growth-offsets-margin-squeeze The Business Times en 2026-09-03T11:18:42+08:00 Malaysian banks post mixed mid-2026 results as record loan growth offsets margin squeeze https://cassette.sphdigital.com.sg/image/businesstimes/feb8bad056f365344f7562719fb429a5cd91376f7150174f3c1df750d02e1d31 Loan applications and approvals in the sector hit record highs in July, reaching RM167.4 billion and RM90.4 billion, respectively, notes CGSI. Loan applications and approvals in the sector hit record highs in July, reaching RM167.4 billion and RM90.4 billion, respectively, notes CGSI. https://www.businesstimes.com.sg/property/massive-tax-bill-clouds-sale-singapore-land-malaysian-kings-son The Business Times en 2026-09-03T11:07:56+08:00 Massive tax bill clouds sale of Singapore land by Malaysian king’s son https://cassette.sphdigital.com.sg/image/businesstimes/68b70b283750f60e33fab5b673f2b091a78f5124f26011dec73dd3660894200b The Johor royal family has owned land in an area known as Tyersall Park for more than a century.  The Johor royal family has owned land in an area known as Tyersall Park for more than a century.  https://www.businesstimes.com.sg/international/china-services-activity-quickens-stronger-domestic-demand-august-private-pmi-shows The Business Times en 2026-09-03T10:49:11+08:00 China services activity quickens on stronger domestic demand in August, private PMI shows https://cassette.sphdigital.com.sg/image/businesstimes/01c59161e742d94bb979203bbc9267c8cd5910dc9e68bc92398163230e7f21e9 The RatingDog China General Services PMI rose to 51.4 in August from 50.4 in July, remaining above the 50-point mark that separates growth from contraction. The RatingDog China General Services PMI rose to 51.4 in August from 50.4 in July, remaining above the 50-point mark that separates growth from contraction. https://www.businesstimes.com.sg/companies-markets/pension-investor-ifm-sets-singapore-office-deploy-private-debt-capital-asia The Business Times en 2026-09-03T10:08:18+08:00 Pension investor IFM sets up Singapore office to deploy private debt capital in Asia https://cassette.sphdigital.com.sg/image/businesstimes/e2e83729ac6eaee103e409a19788252bace022aa2ad45a4cbd7a593caef3357e Hiran Wanigasekera, executive director and co-head of Apac diversified credit, says IFM aspires for the business in Asia “to be just as big as it is in Australia and New Zealand”. Hiran Wanigasekera, executive director and co-head of Apac diversified credit, says IFM aspires for the business in Asia “to be just as big as it is in Australia and New Zealand”. https://www.businesstimes.com.sg/international/china-15-years-behind-top-chipmaking-tools-says-asml-supplier The Business Times en 2026-09-03T10:05:49+08:00 China 15 years behind in top chipmaking tools, says ASML supplier https://cassette.sphdigital.com.sg/image/businesstimes/1e653bef6a4a62617635ed90544ab92e7083e31867a3d78a5fb54e8da79659f0 It is a “reasonable assumption” that Beijing needs 15 years to develop extreme ultraviolet lithography machines, says Germany’s Zeiss Group. It is a “reasonable assumption” that Beijing needs 15 years to develop extreme ultraviolet lithography machines, says Germany’s Zeiss Group. https://www.businesstimes.com.sg/international/asean/malaysia-set-hold-rates-investors-bet-tightening-ahead The Business Times en 2026-09-03T09:50:51+08:00 Malaysia set to hold rates as investors bet on tightening ahead https://cassette.sphdigital.com.sg/image/businesstimes/ba0d8e959c5652ea1ed6ea5404f0cd6e2c6b9d9c9d0067ce2c475cdb7474f430 Malaysia’s economy expanded 6 per cent in Q2, exceeding the central bank’s 4 to 5 per cent growth forecast for 2026. Malaysia’s economy expanded 6 per cent in Q2, exceeding the central bank’s 4 to 5 per cent growth forecast for 2026. https://www.businesstimes.com.sg/international/japan-services-growth-hits-five-month-high-pmi-shows The Business Times en 2026-09-03T09:14:40+08:00 Japan services growth hits five-month high, PMI shows https://cassette.sphdigital.com.sg/image/businesstimes/6e60153b67d38a68b049f667db9830b94af95f576507741d1e8e6149bd3644bc New business increased for a 26th straight month and at a faster pace than in July, helped by strong underlying customer demand. New business increased for a 26th straight month and at a faster pace than in July, helped by strong underlying customer demand. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/sk-hynix-other-chip-stocks-climb-asian-equities-advance The Business Times en 2026-09-03T09:11:32+08:00 SK Hynix, other chip stocks climb as Asian equities advance https://cassette.sphdigital.com.sg/image/businesstimes/db13761f7948562cf17985f4127a44f43a1090a6ab0b65c06c9a26cac564f1a6 Japan’s Topix rose 1%, Australia’s S&P/ASX 200 rose 0.5%, Hong Kong’s Hang Seng was little changed and the Shanghai Composite rose 0.4%. Japan’s Topix rose 1%, Australia’s S&P/ASX 200 rose 0.5%, Hong Kong’s Hang Seng was little changed and the Shanghai Composite rose 0.4%. https://www.businesstimes.com.sg/companies-markets/ubs-opens-institutional-fund-strategies-asias-wealthy-us5-million-buy The Business Times en 2026-09-03T09:00:00+08:00 UBS opens institutional fund strategies to Asia’s wealthy – with US$5 million buy-in https://cassette.sphdigital.com.sg/image/businesstimes/b5fe506d821b7ce48a8a70b7ff33a8502a35c5ba9811eb74c77af0f390668461 UBS’ Exclusive Manager Access Fund Program will first be offered to global wealth-management clients in Singapore and Hong Kong, and then to those in Taiwan. UBS’ Exclusive Manager Access Fund Program will first be offered to global wealth-management clients in Singapore and Hong Kong, and then to those in Taiwan. https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-holds-gain-trumps-war-comments-ease-inflation-jitters The Business Times en 2026-09-03T08:51:04+08:00 Gold holds gain as Trump’s war comments ease inflation jitters https://cassette.sphdigital.com.sg/image/businesstimes/4606f5f6973067359f95e2ddf5eac86e623d2cdb87d7043eaa6f239e6fedfe00 The US dollar edged lower on Sep 3; a weaker greenback can increase gold’s appeal for investors holding foreign currencies.  The US dollar edged lower on Sep 3; a weaker greenback can increase gold’s appeal for investors holding foreign currencies.  https://www.businesstimes.com.sg/international/global/tech-pilgrims-flock-china-global-innovation-race-heats The Business Times en 2026-09-03T08:33:58+08:00 Tech pilgrims flock to China as global innovation race heats up https://cassette.sphdigital.com.sg/image/businesstimes/02cf789e13d4b644b1bc4853453333e518713f4e311fc060342464c63ef16c6e Western boardrooms and capitals confront the possibility of Chinese firms seizing the lead in advanced manufacturing and cutting-edge technologies. Western boardrooms and capitals confront the possibility of Chinese firms seizing the lead in advanced manufacturing and cutting-edge technologies. https://www.businesstimes.com.sg/international/trump-meets-travel-industry-ceos-push-boost-foreign-tourism The Business Times en 2026-09-03T08:28:08+08:00 Trump meets with travel industry CEOs on push to boost foreign tourism https://cassette.sphdigital.com.sg/image/businesstimes/d681bcf7c1c22c91b9566e88d6a3f42ad231def3d1b5965059ab7deb9260770e The US welcomed 68 million tourists in 2025, which was down 5.5 per cent from 2024. The US welcomed 68 million tourists in 2025, which was down 5.5 per cent from 2024. https://www.businesstimes.com.sg/international/trump-says-renewed-us-campaign-against-iran-wont-last-long The Business Times en 2026-09-03T07:32:17+08:00 Trump says renewed US campaign against Iran won’t last long https://cassette.sphdigital.com.sg/image/businesstimes/fd0f8998cc266925ea58727222716c7c0ff46be5c9474bffcf8a39663c1ff3a3 Rubble lies around damaged houses following a reported US strike near a wedding gathering in Kuhistik, Iran, Sep 2, 2026 Rubble lies around damaged houses following a reported US strike near a wedding gathering in Kuhistik, Iran, Sep 2, 2026 https://www.businesstimes.com.sg/international/global/us-fed-survey-shows-economic-activity-edged-prices-rose-moderately-recent-weeks The Business Times en 2026-09-03T07:10:33+08:00 US Fed survey shows economic activity edged up, prices rose moderately in recent weeks https://cassette.sphdigital.com.sg/image/businesstimes/43b2a91aab89ba39958024c55992eb5cb58d0c455106b53f1ae723ed1833593e The pace of price increases slowed in three of the 12 Fed districts, increased in one, and was unchanged in eight, the report said. The pace of price increases slowed in three of the 12 Fed districts, increased in one, and was unchanged in eight, the report said. https://www.businesstimes.com.sg/opinion-features/why-more-sustainability-disclosures-doesnt-mean-greater-insight-businesses The Business Times en 2026-09-03T07:00:00+08:00 Why more sustainability disclosures doesn’t mean greater insight into businesses https://cassette.sphdigital.com.sg/image/businesstimes/0ef17dce980c19bcc61dd51e67d39b01ca0f2d2e1cf4398097116784f36ed17d The next era of sustainability reporting is about making disclosure credible, financially connected and useful enough to change decisions. The next era of sustainability reporting is about making disclosure credible, financially connected and useful enough to change decisions. https://www.businesstimes.com.sg/opinion-features/sceptics-q50-are-asking-right-questions-about-singapores-newest-etf The Business Times en 2026-09-03T07:00:00+08:00 Sceptics of the Q50 are asking the right questions about Singapore’s newest ETF https://cassette.sphdigital.com.sg/image/businesstimes/7b23d7f618e6736361ed85605c0b1c6c26f16d1754285f52f596e1f503a7dfd8 The Q50, which debuts on the Singapore Exchange on Sep 3, benefits from the expertise of its investment adviser Fullgoal Asset Management Hong Kong. The Q50, which debuts on the Singapore Exchange on Sep 3, benefits from the expertise of its investment adviser Fullgoal Asset Management Hong Kong. https://www.businesstimes.com.sg/singapore/bringing-better-linings-pharma-and-energy-industries The Business Times en 2026-09-03T07:00:00+08:00 Bringing better linings to the pharma and energy industries https://cassette.sphdigital.com.sg/image/businesstimes/3dffab40272df83c3e8e388e35acbdd0e8fb75eb6cd0414fad3f695176355ba7 Almarc Engineering’s staff at a sustainability workshop. An in-house sustainability consultant trains staff in waste management and ensures environmental compliance. Almarc Engineering’s staff at a sustainability workshop. An in-house sustainability consultant trains staff in waste management and ensures environmental compliance. https://www.businesstimes.com.sg/companies-markets/singtel-leads-august-buybacks-s55-6-million-purchase-nearly-13-million-shares The Business Times en 2026-09-03T07:00:00+08:00 Singtel leads August buybacks with S$55.6 million purchase of nearly 13 million shares https://cassette.sphdigital.com.sg/image/businesstimes/359a9f1db181b6d8581dce1a9978bf8702975a4f4e8d2e938b9a752502e4c1bb Over 70 primary-listed companies in Singapore have spent a total of almost S$2.1 billion on share buybacks on the open market in the first eight months of 2026. Over 70 primary-listed companies in Singapore have spent a total of almost S$2.1 billion on share buybacks on the open market in the first eight months of 2026. https://www.businesstimes.com.sg/opinion-features/us-sanctions-iran-wont-splinter-washingtons-trade-truce-beijing The Business Times en 2026-09-03T07:00:00+08:00 US sanctions on Iran won’t splinter Washington’s trade truce with Beijing https://cassette.sphdigital.com.sg/image/businesstimes/02a2ac5e167aa3d70154de6761331a63dd8134e9df112dab853711b79cb823ad US Treasury Secretary Scott Bessent has announced new sanctions on close to 60 entities, individuals and vessels tied to Iran’s oil-revenue and weapons-procurement networks. US Treasury Secretary Scott Bessent has announced new sanctions on close to 60 entities, individuals and vessels tied to Iran’s oil-revenue and weapons-procurement networks. https://www.businesstimes.com.sg/opinion-features/keppel-dc-reits-tokyo-drift-easy-yen-trade-over The Business Times en 2026-09-03T07:00:00+08:00 Keppel DC Reit’s Tokyo drift: The easy yen trade is over https://cassette.sphdigital.com.sg/image/businesstimes/12f4ff9cda195337d6534a8f54dc8e50c965ba046ce388198626b472d2eada5f The real win for Keppel DC Reit could be diversification, as contribution from Japan jumps to 23%, from 9%. The real win for Keppel DC Reit could be diversification, as contribution from Japan jumps to 23%, from 9%. https://www.businesstimes.com.sg/opinion-features/singapore-companies-should-report-esg-impacts-financial-statements-are-they-ready The Business Times en 2026-09-03T07:00:00+08:00 Singapore companies should report ESG impacts in financial statements. Are they ready? https://cassette.sphdigital.com.sg/image/businesstimes/5b2a8c959e8cf016bd1aff9b15d7a204107fccbbba630654f313fc3ef6992325 General view of refineries and petrochemical facilities on Jurong Island. Rising carbon taxes might affect forecast cash flows for asset valuations and impairment testing. https://www.businesstimes.com.sg/opinion-features/boards-need-pay-attention-their-invisible-balance-sheet The Business Times en 2026-09-03T07:00:00+08:00 Boards need to pay attention to their invisible balance sheet https://cassette.sphdigital.com.sg/image/businesstimes/18cd2d77fac9af325f1e9b52bee2ce8c2f751841e02d2ae31304aedc35f11863 Boards seldom destroy companies in a single meeting. They erode trust one choice at a time. Boards seldom destroy companies in a single meeting. They erode trust one choice at a time. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/microsoft-reveals-azure-cloud-sales-financial-reporting-shift The Business Times en 2026-09-03T06:40:38+08:00 Microsoft reveals Azure cloud sales in financial reporting shift https://cassette.sphdigital.com.sg/image/businesstimes/c45cceb05c148d8f424e1c78e8686bdc7b1029fb2e176d7d3c5f6ca0a5918297 Microsoft shares rose about 1.4 per cent in after-hours trading after the company disclosed the change.  Microsoft shares rose about 1.4 per cent in after-hours trading after the company disclosed the change.  https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/broadcom-forecasts-quarterly-sales-below-estimates-amid-rising-custom-ai-chip-competition The Business Times en 2026-09-03T06:25:29+08:00 Broadcom forecasts quarterly sales below estimates amid rising custom AI chip competition https://cassette.sphdigital.com.sg/image/businesstimes/8769cb3d1c6259c6922eedee70461b7c62b6ae9c4b12ea4b31ae85526c55807f Broadcom signed a long-term agreement to supply Google with custom AI chips through 2031. Broadcom signed a long-term agreement to supply Google with custom AI chips through 2031. https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-edges-down-investors-weigh-uncertainty-over-us-iran-strikes The Business Times en 2026-09-03T06:08:51+08:00 Oil edges down as investors weigh uncertainty over US-Iran strikes https://cassette.sphdigital.com.sg/image/businesstimes/7c0946c2f00c258b66e88eb5aa8aa25e0be44397c50dfd4a2037a50bd05a5c0a The latest attacks were the most substantial exchange of fire between the US and Iran since July, with the war now in its seventh month. The latest attacks were the most substantial exchange of fire between the US and Iran since July, with the war now in its seventh month. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-hit-rising-bond-yields-energy-driven-inflation-concerns The Business Times en 2026-09-03T05:55:50+08:00 European shares hit by rising bond yields, energy-driven inflation concerns https://cassette.sphdigital.com.sg/image/businesstimes/f75950ca06c034ebfe74e6c3ae184fd425cb257390b26184c60177b1b3633e77 The Stoxx 600 closed 0.2 per cent lower at 645.94 points on Wednesday. The Stoxx 600 closed 0.2 per cent lower at 645.94 points on Wednesday. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-wall-street-ends-higher-stocks-reclaim-some-shine The Business Times en 2026-09-03T05:48:08+08:00 US stocks: Wall Street ends higher as stocks reclaim some shine https://cassette.sphdigital.com.sg/image/businesstimes/ab829f67b5d5a58922594ae4c19b7f2349bc0cb4976e8fde431aaec91b63f367 The Dow Jones Industrial Average rose 295.01 points, or 0.56 per cent, to 53,061.89 on Wednesday. The Dow Jones Industrial Average rose 295.01 points, or 0.56 per cent, to 53,061.89 on Wednesday. https://www.businesstimes.com.sg/international/rise-us-factory-orders-beats-expectations-july The Business Times en 2026-09-02T23:26:42+08:00 Rise in US factory orders beats expectations in July https://cassette.sphdigital.com.sg/image/businesstimes/ec2e437ac5ea4793c13f9e22160a96c574c750f3d1e55ebf2cf4a316e4012c55 The rebound in factory orders in July was led by a 12.7 per cent surge in orders for civilian aircraft and parts. The rebound in factory orders in July was led by a 12.7 per cent surge in orders for civilian aircraft and parts. https://www.businesstimes.com.sg/companies-markets/banking-finance/yen-surges-traders-high-alert-further-intervention The Business Times en 2026-09-02T23:07:32+08:00 Yen surges with traders on high alert for further intervention https://cassette.sphdigital.com.sg/image/businesstimes/a92ce86b20be6652b926da534527fa6dc5647ecf1bb9467f571d9d79dd005e30 Wednesday’s (Sep 2) moves ricocheted across the US$9.5-trillion-a-day currency market. Wednesday’s (Sep 2) moves ricocheted across the US$9.5-trillion-a-day currency market. https://www.businesstimes.com.sg/companies-markets/transport-logistics/american-airlines-boosts-premium-seating-777-jets-upscale-travel-grows The Business Times en 2026-09-02T22:28:03+08:00 American Airlines boosts premium seating on 777 jets as upscale travel grows https://cassette.sphdigital.com.sg/image/businesstimes/eccda0e6d41aee3d39222ae86554ce0c8d2f9cbcdab90ef04961b94a8e3efeea The airline is also phasing out first class on the aircraft, while increasing the number of business-class seats. The airline is also phasing out first class on the aircraft, while increasing the number of business-class seats. https://www.businesstimes.com.sg/companies-markets/sp-500-dow-post-slim-gains-open The Business Times en 2026-09-02T21:54:17+08:00 S&P 500, Dow post slim gains at open https://cassette.sphdigital.com.sg/image/businesstimes/d59709cf6da506de6a6f8eec5f7ece094f96007213e7bc83201f2d908d43c295 The Dow Jones Industrial Average rose 62.7 points, or 0.12 per cent, at the open to 52,829.58. The Dow Jones Industrial Average rose 62.7 points, or 0.12 per cent, at the open to 52,829.58. https://www.businesstimes.com.sg/companies-markets/radiant-world-facing-uk-lawsuit-jefferies-run-fund The Business Times en 2026-09-02T21:47:49+08:00 Radiant World facing UK lawsuit from Jefferies-run fund https://cassette.sphdigital.com.sg/image/businesstimes/6785762bcf16171ad075ede9be76b2b1928b7c4712d5360ce835672672d42ab9 Radiant World, which became one of the leading players in iron ore trading in recent years, is also facing probes in the US and Singapore. Radiant World, which became one of the leading players in iron ore trading in recent years, is also facing probes in the US and Singapore. https://www.businesstimes.com.sg/international/us-private-payrolls-growth-slows-august-adp-says The Business Times en 2026-09-02T21:16:42+08:00 US private payrolls growth slows in August, ADP says https://cassette.sphdigital.com.sg/image/businesstimes/3d98e119aa0acb585b4f20abcf604223700e57fd2391eed20ba18f3339a90c29 Private employment rose by 38,000 jobs last month after an upwardly revised 46,000 in July. Private employment rose by 38,000 jobs last month after an upwardly revised 46,000 in July. https://www.businesstimes.com.sg/singapore/economy-policy/singapore-factories-keep-humming-ai-boom-pmi-rises-51-5 The Business Times en 2026-09-02T21:00:00+08:00 Singapore factories keep humming on AI boom as PMI rises to 51.5 https://cassette.sphdigital.com.sg/image/businesstimes/d0dd0265d3b8640a9e8c4e0e3ffedd3f3845a5c774e1182a926a5bc9a504b51d An electronic manufacturing worker in a factory. Within manufacturing, the PMI for the linchpin electronics sector is up 0.2 points at 52.6, marking the 15th consecutive month of growth. Within manufacturing, the PMI for the linchpin electronics sector is up 0.2 points at 52.6, marking the 15th consecutive month of growth. https://www.businesstimes.com.sg/companies-markets/banking-finance/us-dollar-rises-2-week-high-middle-east-conflict-and-rate-paths-focus The Business Times en 2026-09-02T20:58:55+08:00 US dollar rises to 2-week high; Middle East conflict and rate paths in focus https://cassette.sphdigital.com.sg/image/businesstimes/2623892ba6b558b0fdea1c15188725791342985550560c4fad479713a166a50e The dollar index, which measures the greenback against a basket of currencies including the yen and the euro, is up 0.2% at 99.865. The dollar index, which measures the greenback against a basket of currencies including the yen and the euro, is up 0.2% at 99.865. https://www.businesstimes.com.sg/international/asean/indonesia-singapore-deploy-ai-advisory-platform-help-smes-find-new-export-markets The Business Times en 2026-09-02T20:56:09+08:00 Indonesia, Singapore to deploy AI advisory platform to help SMEs find new export markets  https://cassette.sphdigital.com.sg/image/businesstimes/55cfc50c33a639a7603c99c03e908aab3bff725ff9b069c6c5734d1a56e3bed0 Kadin chairman Anindya Bakrie (left) and SBF chairman Mark Lee in Jakarta on Sep 2. Kadin chairman Anindya Bakrie (left) and SBF chairman Mark Lee in Jakarta on Sep 2. https://www.businesstimes.com.sg/companies-markets/uber-cut-3300-jobs-company-overhaul-reduce-management-layers The Business Times en 2026-09-02T20:33:17+08:00 Uber to cut 3,300 jobs in company overhaul to reduce management layers https://cassette.sphdigital.com.sg/image/businesstimes/cb56baf624ed621389e5bf289ee2ac6e43d204a75c9e262e3af95daf45a85d5d CEO Dara Khosrowshahi says Uber’s growth in recent years has created “more layers, more coordination, more fragmented ownership, CEO Dara Khosrowshahi says Uber’s growth in recent years has created “more layers, more coordination, more fragmented ownership, https://www.businesstimes.com.sg/companies-markets/banking-finance/uk-fines-citibank-london-us6-million-over-russia-sanctions-breaches The Business Times en 2026-09-02T19:45:00+08:00 UK fines Citibank London US$6 million over Russia sanctions breaches https://cassette.sphdigital.com.sg/image/businesstimes/22a2e77939b16ee2688c557536b1076890084b7f0193a9a9786132a4dfcba7f1 The US bank’s CBNA London unit had made funds available for the benefits of those covered by sanctions. The US bank’s CBNA London unit had made funds available for the benefits of those covered by sanctions. https://www.businesstimes.com.sg/companies-markets/energy-commodities/iraqs-oil-exports-rose-around-2-34-million-bpd-august The Business Times en 2026-09-02T19:14:00+08:00 Iraq's oil exports rose to around 2.34 million bpd in August https://cassette.sphdigital.com.sg/image/businesstimes/bbc01dd89a93bda67d7de84b691058aec25e10b1a3c3240375e36c2b8499cdf8 An increase in the number of tankers reaching Iraq’s oil export terminals and loading crude helped boost shipments in August. An increase in the number of tankers reaching Iraq’s oil export terminals and loading crude helped boost shipments in August. https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-sep-28 The Business Times en 2026-09-02T18:45:00+08:00 Daily Debrief: What Happened Today (Sep 2) https://cassette.sphdigital.com.sg/image/businesstimes/b0dbd64f09b968e431657371443225584e66367c5745adb65f569a60cfec3d3a One respondent sees a downward re-centring of the policy band at MAS’ upcoming meeting. One respondent sees a downward re-centring of the policy band at MAS’ upcoming meeting. https://www.businesstimes.com.sg/companies-markets/sti-0-6-even-asian-markets-slump-amid-bond-sell-inflation-fears The Business Times en 2026-09-02T18:33:18+08:00 STI up 0.6% even as Asian markets slump amid bond sell-off, inflation fears https://cassette.sphdigital.com.sg/image/businesstimes/08b86b8c8a8ba1d789811bf618e7dc27f23b519d1bd66a871b6c08bb791634b5 Across the broader market on Sep 2, losers outnumbered gainers 323 to 231, after 1.5 billion securities worth S$1.9 billion changed hands. Across the broader market on Sep 2, losers outnumbered gainers 323 to 231, after 1.5 billion securities worth S$1.9 billion changed hands. https://www.businesstimes.com.sg/lifestyle/arts-design/25-years-singapore-photography The Business Times en 2026-09-02T18:30:00+08:00 25 years of Singapore photography https://cassette.sphdigital.com.sg/image/businesstimes/b577e6119b1b1c4c6f0dc851422dd22b06b7a69492b1682987e71d30e7221603 Tan Pin Pin’s 1992 photograph titled School Funfair is one of 63 black-and-white photographs showcased in her solo exhibition. Tan Pin Pin’s 1992 photograph titled School Funfair is one of 63 black-and-white photographs showcased in her solo exhibition. https://www.businesstimes.com.sg/companies-markets/falling-ai-token-costs-could-fuel-next-leg-singapore-semiconductor-rally-analysts The Business Times en 2026-09-02T18:21:43+08:00 Falling AI token costs could fuel next leg of Singapore semiconductor rally: analysts https://cassette.sphdigital.com.sg/image/businesstimes/169fe2c840257473c6b659dc90496fbd7803c94f07bcfea615a1329765cb86b6 However, even as all three companies expect to continue riding the AI boom, the extent and pace of earnings growth are likely to vary among them. However, even as all three companies expect to continue riding the AI boom, the extent and pace of earnings growth are likely to vary among them. https://www.businesstimes.com.sg/international/asean/singapore-thailand-develop-multi-year-agenda-successive-asean-chairmanships The Business Times en 2026-09-02T17:50:50+08:00 Singapore, Thailand to develop multi-year agenda for successive Asean chairmanships https://cassette.sphdigital.com.sg/image/businesstimes/9bf7f7bb46fee200fbf85b51b4b8a9956f45feddca65005999e89041f2bffc3b PM Lawrence Wong (left) with Thai PM Anutin Charnvirakul. On emerging tech such as AI, the Singapore leader says there is scope for closer collaboration on practical applications. PM Lawrence Wong (left) with Thai PM Anutin Charnvirakul. On emerging tech such as AI, the Singapore leader says there is scope for closer collaboration on practical applications. https://www.businesstimes.com.sg/opinion-features/ipo-booms-can-spell-trouble-markets The Business Times en 2026-09-02T17:16:03+08:00 IPO booms can spell trouble for markets https://cassette.sphdigital.com.sg/image/businesstimes/449443b143fc664cd6864b21bdd920af8508242ed4d3f0845f069a705e07b89e The “primary” market for initial public offerings is performing sweetly in Hong Kong, but the secondary one, where existing shares are traded, has fallen flat. The “primary” market for initial public offerings is performing sweetly in Hong Kong, but the secondary one, where existing shares are traded, has fallen flat. https://www.businesstimes.com.sg/international/hong-kong-court-rejects-lawyers-request-use-evergrande-founders-funds-legal-costs The Business Times en 2026-09-02T16:35:11+08:00 Hong Kong court rejects lawyer's request to use Evergrande founder's funds for legal costs https://cassette.sphdigital.com.sg/image/businesstimes/ef738eefe97f4390d4f3a16d2e5d69d1fae7e6e9a8a5d2df755292261752d64f Evergrande, which was once China’s top property developer, has defaulted on most of its US$300 billion in liabilities.  Evergrande, which was once China’s top property developer, has defaulted on most of its US$300 billion in liabilities.  https://www.businesstimes.com.sg/international/asean/vietnams-vingroup-plans-won-bond-debut-broaden-investor-base-after-shares-hit-record The Business Times en 2026-09-02T16:17:38+08:00 Vietnam’s Vingroup plans won bond debut to broaden investor base after shares hit record https://cassette.sphdigital.com.sg/image/businesstimes/e07f0196d87b6f7349b92fd86328c9dddccdeb09253723e14d3c3d24a4289a2d Vietnamese firms are turning more offshore for funding as the government aims to steer the economy, one of Asia’s fastest growing, to high-income status by 2045.  Vietnamese firms are turning more offshore for funding as the government aims to steer the economy, one of Asia’s fastest growing, to high-income status by 2045.  https://www.businesstimes.com.sg/companies-markets/transport-logistics/singapore-airlines-unveil-new-cabin-products-november The Business Times en 2026-09-02T16:12:25+08:00 Singapore Airlines to unveil new cabin products in November https://cassette.sphdigital.com.sg/image/businesstimes/ff0fe5f122e020667315ba4307b3d2f0d03d2ffb774da7f704559d9719a54bbc The in-flight entertainment system across all cabin classes, as well as the in-flight entertainment screens in first class and business class, will be upgraded. The in-flight entertainment system across all cabin classes, as well as the in-flight entertainment screens in first class and business class, will be upgraded. https://www.businesstimes.com.sg/singapore/heavy-ev-incentive-cut-will-slow-adoption-could-ease-coe-premiums-observers The Business Times en 2026-09-02T16:09:03+08:00 Heavy EV incentive cut will slow adoption but could ease COE premiums: observers https://cassette.sphdigital.com.sg/image/businesstimes/2d91a251e2f1fb019113d00c50b9af5405fb61d01d53d14a8caacd24527aad5c Electric heavy vehicles such as the BYD T35 (pictured) made up 30% of heavy vehicle registrations in July. Electric heavy vehicles such as the BYD T35 (pictured) made up 30% of heavy vehicle registrations in July. https://www.businesstimes.com.sg/singapore/smes/og-rejects-lawsuit-hao-mart-linked-company-abuse-process The Business Times en 2026-09-02T16:00:48+08:00 OG rejects lawsuit from Hao Mart-linked company as an ‘abuse of process’ https://cassette.sphdigital.com.sg/image/businesstimes/b86bba83966ad9892720ac6e7ee7bfb28eefbb8977d031dd6d8ef1396614e15f Taste Orchard opened in February 2024 before its 7.5-year lease was terminated by landlord OG in September 2025. Taste Orchard opened in February 2024 before its 7.5-year lease was terminated by landlord OG in September 2025. https://www.businesstimes.com.sg/international/asean/thai-business-group-raises-2026-gdp-growth-forecast-range-2-1-2-5 The Business Times en 2026-09-02T15:47:11+08:00 Thai business group raises 2026 GDP growth forecast to range of 2.1% to 2.5% https://cassette.sphdigital.com.sg/image/businesstimes/ec7e84dc934668f34919e9dacce51f1e69461cb5e16d8be5b490007b6591b9ce Exports, a key driver of Thai growth, are now expected to rise 12 per cent to 16 per cent, up from a previously projected rise of 8 per cent to 10 per cent. Exports, a key driver of Thai growth, are now expected to rise 12 per cent to 16 per cent, up from a previously projected rise of 8 per cent to 10 per cent. https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/luxury-stocks-set-better-performance-ahead-recovery-likely-progressive-not-linear-analysts The Business Times en 2026-09-02T15:36:20+08:00 Luxury stocks set for ‘better performance ahead’ but recovery likely progressive, not linear: analysts https://cassette.sphdigital.com.sg/image/businesstimes/ab754e8e806d826d921f9e442c11f331d61e706e2015ad80ecad5e4a02ba37b9 Investors have moved on from rewarding diversification and now prefer recovery stories and specific trends, with watches favoured over handbags, say analysts. Investors have moved on from rewarding diversification and now prefer recovery stories and specific trends, with watches favoured over handbags, say analysts. https://www.businesstimes.com.sg/international/us-house-passes-funding-bill-avert-government-shutdown-midterm-elections The Business Times en 2026-09-02T15:11:01+08:00 US House passes funding Bill to avert government shutdown before midterm elections https://cassette.sphdigital.com.sg/image/businesstimes/74753f00fb63c15860f598eb449f89bec1d44e81e4407e859cc1b1d44fe4f6eb The House passed the extension of current spending through December 11 by a vote of 370-48. The Senate passed the measure on August 8. The House passed the extension of current spending through December 11 by a vote of 370-48. The Senate passed the measure on August 8. https://www.businesstimes.com.sg/property/insolvent-bathla-faces-24-hour-deadline-creditor-deal-source The Business Times en 2026-09-02T15:09:22+08:00 Insolvent Bathla faces 24-hour deadline for creditor deal: source https://cassette.sphdigital.com.sg/image/businesstimes/040adef883a0d169bff363168266eab1fd0de0a6545b49c00437bcb84e8b50c6 In August, Bathla appointed an administrator after struggling to pay its debts in the face of a slowdown in Australia’s property market and higher construction costs. In August, Bathla appointed an administrator after struggling to pay its debts in the face of a slowdown in Australia’s property market and higher construction costs. https://www.businesstimes.com.sg/companies-markets/reits-property/hunting-yield-dbs-analysts-bet-s-reits-over-bank-dividends The Business Times en 2026-09-02T14:39:23+08:00 Hunting for yield? DBS analysts bet on S-Reits over bank dividends https://cassette.sphdigital.com.sg/image/businesstimes/bdc473d0c779464c09bb6219efeccb90dc1fd46779e81e73e6c2b4a5271e5d93 Mapletree Logistics Trust has been cited as offering “valuation appeal” as it trades at a “below-average” price-to-book value multiple. Mapletree Logistics Trust has been cited as offering “valuation appeal” as it trades at a “below-average” price-to-book value multiple. https://www.businesstimes.com.sg/property/dubai-developer-binghatti-talks-multibillion-dollar-pact-chairman The Business Times en 2026-09-02T14:29:11+08:00 Dubai developer Binghatti in talks on multibillion-dollar pact: chairman https://cassette.sphdigital.com.sg/image/businesstimes/279e356935933beaa341a93f6500565feea54249d7a87d3e19599ad3f6d0dfcf Many of Dubai’s biggest development firms are state-backed, and any formal tie-up could signal the city’s willingness to support what has for years been one of the world’s best-performing property markets. Many of Dubai’s biggest development firms are state-backed, and any formal tie-up could signal the city’s willingness to support what has for years been one of the world’s best-performing property markets. https://www.businesstimes.com.sg/esg/un-says-global-warming-will-cross-1-5-deg-c-soon-hit-least-1-8-deg-c The Business Times en 2026-09-02T13:44:29+08:00 UN says global warming will cross 1.5 deg C soon, hit at least 1.8 deg C https://cassette.sphdigital.com.sg/image/businesstimes/4f45dbc9f7359186b410e109f561dbad294777423acb5723906b14f659ed9728 Current forecasts predict that all glaciers in Germany will vanish within the next decades. The Noerdliche Schneeferner will lose its classification as a glacier, presumably around 2030. Current forecasts predict that all glaciers in Germany will vanish within the next decades. The Noerdliche Schneeferner will lose its classification as a glacier, presumably around 2030. https://www.businesstimes.com.sg/lifestyle/grand-theft-auto-vi-exclusive-peek-tops-netflix-viewing-charts The Business Times en 2026-09-02T13:41:09+08:00 ‘Grand Theft Auto VI’ exclusive peek tops Netflix viewing charts https://cassette.sphdigital.com.sg/image/businesstimes/3e4efd89e06a2725f903008ede5d5de2323f1a8cd1b365ecbda828bfe2deffe4 The near-27-minute video, showing off the open-world crime game ahead of its planned Nov 19 release, was exclusive to Netflix for six hours before it was released on other video platforms.  The near-27-minute video, showing off the open-world crime game ahead of its planned Nov 19 release, was exclusive to Netflix for six hours before it was released on other video platforms.  https://www.businesstimes.com.sg/international/taiwan-says-its-companies-plan-invest-another-us20-billion-us The Business Times en 2026-09-02T13:33:32+08:00 Taiwan says its companies plan to invest another US$20 billion in US https://cassette.sphdigital.com.sg/image/businesstimes/f1ebb75709af619afbc7dddf7649da497475f0f51f383b36f9fa616e64688d49 A TSMC plant in Taiwan (pictured). The firm in July said it will invest a further US$100 billion in the US state of Arizona. A TSMC plant in Taiwan (pictured). The firm in July said it will invest a further US$100 billion in the US state of Arizona. https://www.businesstimes.com.sg/international/global-data-centre-spending-reach-us31-6-trillion-2050-ai-boom-pwc The Business Times en 2026-09-02T13:02:31+08:00 Global data centre spending to reach US$31.6 trillion by 2050 on AI boom: PwC https://cassette.sphdigital.com.sg/image/businesstimes/59caf2b73d3ce20389c6ffcd29c3796013758d57222979bf47db56d003b85b38 With growing AI use, tech giants like Microsoft and Amazon and smaller data centre providers are rapidly building new computing facilities around the globe. With growing AI use, tech giants like Microsoft and Amazon and smaller data centre providers are rapidly building new computing facilities around the globe. https://www.businesstimes.com.sg/singapore/10-luxury-apartments-linked-s3-billion-money-laundering-case-sep-23-auction-block The Business Times en 2026-09-02T12:49:13+08:00 10 luxury apartments linked to S$3 billion money laundering case on Sep 23 auction block https://cassette.sphdigital.com.sg/image/businesstimes/cabe5ba1e037c48a2e7b2411276762bbdbb0b31f5569e05ea4830fd5ba86b2d8 SRI’s portfolio comprises six luxury apartments at Martin Modern across two, three, and four-bedroom units, with prices starting from $2,874psf. SRI’s portfolio comprises six luxury apartments at Martin Modern across two, three, and four-bedroom units, with prices starting from $2,874psf. https://www.businesstimes.com.sg/companies-markets/transport-logistics/honda-tells-suppliers-cut-costs-us9-billion-push-fend-china-documents-show The Business Times en 2026-09-02T12:32:11+08:00 Honda tells suppliers to cut costs in US$9 billion push to fend off China, documents show  https://cassette.sphdigital.com.sg/image/businesstimes/5fa251dfe20268faf7469a8b574cca28118f7af1e13cd0f49e6fe4df3b93878d Honda, the world’s largest motorcycle manufacturer, is trying to fix its struggling car business.  Honda, the world’s largest motorcycle manufacturer, is trying to fix its struggling car business.  https://www.businesstimes.com.sg/international/xiplomacy-chinas-xi-begins-busiest-travel-month-2019-diplomatic-push-trump-talks The Business Times en 2026-09-02T12:16:55+08:00 ‘Xiplomacy’: China’s Xi begins busiest travel month since 2019 in diplomatic push before Trump talks https://cassette.sphdigital.com.sg/image/businesstimes/492b5dfdab5bc19d537e96894fc46bd8e188cd792ed181da90d009a9c82446ac Xi’s move underscores what Beijing calls Xiplomacy – a diplomatic approach emphasising face-to-face meetings and strong engagement with the Global South. Xi’s move underscores what Beijing calls Xiplomacy – a diplomatic approach emphasising face-to-face meetings and strong engagement with the Global South. https://www.businesstimes.com.sg/international/global/millions-face-rising-himalayan-glacial-flood-risk-climate-change-speeds-melting-un The Business Times en 2026-09-02T12:06:45+08:00 Millions face rising Himalayan glacial flood risk as climate change speeds melting: UN https://cassette.sphdigital.com.sg/image/businesstimes/0ab47d2754023f27911466018e3d336e1948dd067680f4d22ad4a83d00b50642 Aug 26’s devastating flood in Nepal was triggered when parts of a glacier near the Langtang Lirung mountain peak collapsed and fell to the valley floor. Aug 26’s devastating flood in Nepal was triggered when parts of a glacier near the Langtang Lirung mountain peak collapsed and fell to the valley floor. https://www.businesstimes.com.sg/singapore/economists-raise-singapore-2026-growth-forecast-5-more-see-ai-bubble-top-risk The Business Times en 2026-09-02T12:00:00+08:00 Economists raise Singapore 2026 growth forecast to 5%; more see AI bubble as a top risk https://cassette.sphdigital.com.sg/image/businesstimes/b0dbd64f09b968e431657371443225584e66367c5745adb65f569a60cfec3d3a One respondent sees a downward re-centring of the policy band at MAS’ upcoming meeting. One respondent sees a downward re-centring of the policy band at MAS’ upcoming meeting. https://www.businesstimes.com.sg/companies-markets/banking-finance/new-zealand-flags-gradual-policy-tightening-after-hiking-rates The Business Times en 2026-09-02T11:26:02+08:00 New Zealand flags gradual policy tightening after hiking rates https://cassette.sphdigital.com.sg/image/businesstimes/d052b2be95289d834a135544bda06da92e5abc4c8c57b0b9b85080a35c3d0c98 RBNZ governor Anna Breman said: “We do think that it’s likely there may be a future OCR increase, but the timing is highly uncertain.” RBNZ governor Anna Breman said: “We do think that it’s likely there may be a future OCR increase, but the timing is highly uncertain.” https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/shein-shares-slide-over-3-after-lacklustre-hong-kong-trading-debut The Business Times en 2026-09-02T11:25:56+08:00 Shein shares slide over 3% after lacklustre Hong Kong trading debut https://cassette.sphdigital.com.sg/image/businesstimes/8cf1f9e2ef43ac7571a9cbd36dbd4504783ce1fa76bfc81dc3c16e653d72b392 Executives at Shein’s Sep 1 listing ceremony at the Hong Kong Stock Exchange. The firm raised US$1.7 billion in its IPO that valued the firm at US$26.5 billion. Executives at Shein’s Sep 1 listing ceremony at the Hong Kong Stock Exchange. The firm raised US$1.7 billion in its IPO that valued the firm at US$26.5 billion. https://www.businesstimes.com.sg/companies-markets/banking-finance/us-sec-preps-plan-widen-investor-access-private-markets The Business Times en 2026-09-02T10:59:29+08:00 US SEC preps plan to widen investor access to private markets https://cassette.sphdigital.com.sg/image/businesstimes/ea48f3ee2d119b29faad0e003adbf1aefd019f2baf2e5d7fb3ee94036ab4ccdc The US Securities and Exchange Commission (SEC) headquarters in Washington, DC, Nov 25, 2024. The US Securities and Exchange Commission (SEC) headquarters in Washington, DC, Nov 25, 2024. https://www.businesstimes.com.sg/wealth/crypto-alternative-assets/goldman-sachs-bofa-among-21-firms-planning-joint-us-dollar-stablecoin-launch-2027 The Business Times en 2026-09-02T10:34:24+08:00 Goldman Sachs, BofA among 21 firms planning joint US dollar stablecoin launch in 2027 https://cassette.sphdigital.com.sg/image/businesstimes/9b30ca16873bda86e07b70078d9125bf1e30a8e601a124ee6bf7d2d5ffb10655 The group said it also aims to expand into stablecoins pegged to other G7 currencies, including the euro as a priority. The group said it also aims to expand into stablecoins pegged to other G7 currencies, including the euro as a priority. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/why-high-yields-government-bonds-are-causing-alarm The Business Times en 2026-09-02T10:19:43+08:00 Why high yields on government bonds are causing alarm https://cassette.sphdigital.com.sg/image/businesstimes/8bcd4c17b6b73ba5b40ca7f92082d42e9ca8240861f152feaa3a62e035f82fb1 Governments must also compete for investor attention as tech firms issue massive amounts of debt to fund the buildout of AI infrastructure. Governments must also compete for investor attention as tech firms issue massive amounts of debt to fund the buildout of AI infrastructure. https://www.businesstimes.com.sg/companies-markets/banking-finance/boj-chief-signals-chance-september-rate-hike-debate-price-risks The Business Times en 2026-09-02T09:48:00+08:00 BOJ chief signals chance of September rate hike, debate on price risks https://cassette.sphdigital.com.sg/image/businesstimes/8a8a3c4e5d5f7a113c0755912c1477394e26058e48220b777d10364e7d9c7f6e BOJ chief Kazuo Ueda says: “We will scrutinise whether the economy and prices are moving in line with our baseline scenario, as well as risks.”  BOJ chief Kazuo Ueda says: “We will scrutinise whether the economy and prices are moving in line with our baseline scenario, as well as risks.”  https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/south-korea-japan-stocks-slide-asian-equities-fall-amid-oil-gains-fed-rate-hike-bets The Business Times en 2026-09-02T09:32:04+08:00 South Korea, Japan stocks slide as Asian equities fall amid oil gains, Fed rate hike bets https://cassette.sphdigital.com.sg/image/businesstimes/84d1756f88ccc3eba56b33b406fe9659070e2d54d71a9c3e7ba2c6f9d63b7826 Higher yields present a clear headwind for Asian equities, especially “longer duration tech stocks”, said a Gama Asset Management portfolio manager.  Higher yields present a clear headwind for Asian equities, especially “longer duration tech stocks”, said a Gama Asset Management portfolio manager.  https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-hits-over-3-week-low-iran-war-tensions-fan-us-rate-hike-fears The Business Times en 2026-09-02T09:24:34+08:00 Gold hits over 3-week low as Iran war tensions fan US rate hike fears https://cassette.sphdigital.com.sg/image/businesstimes/e16a3482d9eeee0ebdaffd081de66cf26bd71c6c82181e2c043351b7dd8a319f The US dollar held firm, making greenback-priced metals costlier for buyers using other currencies.  The US dollar held firm, making greenback-priced metals costlier for buyers using other currencies.  https://www.businesstimes.com.sg/international/global/g20-finance-chiefs-back-action-against-trade-distorting-policies-china-holds-out The Business Times en 2026-09-02T09:03:42+08:00 G20 finance chiefs back action against trade-distorting policies; China holds out https://cassette.sphdigital.com.sg/image/businesstimes/28fe8d5222895f431e0e72a5d1a14947b8eeee5c5b6cb84ac5d530c5a58cea0c The G20 meeting of finance chiefs came amid a global bond market sell-off on worries over growing debt levels and inflation pressures. The G20 meeting of finance chiefs came amid a global bond market sell-off on worries over growing debt levels and inflation pressures. https://www.businesstimes.com.sg/international/putin-says-russia-seeks-end-not-freeze-ukraine-conflict-and-ready-talks The Business Times en 2026-09-02T08:58:13+08:00 Putin says Russia seeks to end, not freeze, Ukraine conflict and is ready for talks https://cassette.sphdigital.com.sg/image/businesstimes/63fd64666c953cf17609d16e352e1b71b03a3bab50fc961851a9fadd7b993beb Russian President Vladimir Putin said that Russia was winning the war in Ukraine. Russian President Vladimir Putin said that Russia was winning the war in Ukraine. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/stocks-watch-keppel-dc-reit-frasers-property-centurion-nio-egp-energy The Business Times en 2026-09-02T08:39:17+08:00 Stocks to watch: Keppel DC Reit, Frasers Property, Centurion, Nio, EGP Energy https://cassette.sphdigital.com.sg/image/businesstimes/9a324475ffb8d57655c00bed16467702eef1dfcb9bd3398791853c5ae910eeca Keppel DC Reit’s private placement to partially fund the majority acquisitions of two Japan data centres has been upsized to S$625 million. Keppel DC Reit’s private placement to partially fund the majority acquisitions of two Japan data centres has been upsized to S$625 million. https://www.businesstimes.com.sg/property/keppel-dc-reits-private-placement-upsized-s625-million-after-strong-demand The Business Times en 2026-09-02T08:37:09+08:00 Keppel DC Reit’s private placement upsized to S$625 million after ‘strong demand’ https://cassette.sphdigital.com.sg/image/businesstimes/499385061fe15b832f574f55b21289dda9591ae217a6582a22101f26bb4efa8d Tokyo Data Centre 4 and Tokyo Data Centre 5 are freehold, hyperscale fully fitted co-location data centres. Tokyo Data Centre 4 and Tokyo Data Centre 5 are freehold, hyperscale fully fitted co-location data centres. https://www.businesstimes.com.sg/international/bessent-urges-boj-chief-combat-weak-yen-decisive-monetary-steps The Business Times en 2026-09-02T08:23:29+08:00 Bessent urges BOJ chief to combat weak yen with ‘decisive’ monetary steps https://cassette.sphdigital.com.sg/image/businesstimes/442ebaf2ea62ca244ba91407a6ac11760a50bc4db53a0d28a7a31e23556b63b3 A weak yen has pushed up import prices and broader inflation, causing headaches for Japanese policymakers by increasing households’ cost of living. A weak yen has pushed up import prices and broader inflation, causing headaches for Japanese policymakers by increasing households’ cost of living. https://www.businesstimes.com.sg/international/uk-economic-outlook-improves-firms-wary-investment-bcc-says The Business Times en 2026-09-02T08:20:49+08:00 UK economic outlook improves but firms wary of investment, BCC says https://cassette.sphdigital.com.sg/image/businesstimes/fdb45fe782d6360ae09815e72784fa9ec99a2158a24cba7b23a70068e777452f The BCC said it expects the economy to expand by 1 per cent in 2026. The BCC said it expects the economy to expand by 1 per cent in 2026. https://www.businesstimes.com.sg/property/frasers-property-redevelop-yishun-10-mixed-use-complex-mid-2031 The Business Times en 2026-09-02T08:10:25+08:00 Frasers Property to redevelop Yishun 10 into mixed-use complex by mid-2031 https://cassette.sphdigital.com.sg/image/businesstimes/6a3f5a78c3bcba63c0ca8bd1622bee78aab34e06f9462a5cfdfa1254c9d47dec Yishun 10 was opened on May 28, 1992, and renovated in 2010, after which it was renamed GV Yishun.  Yishun 10 was opened on May 28, 1992, and renovated in 2010, after which it was renamed GV Yishun.  https://www.businesstimes.com.sg/companies-markets/what-do-rising-us-treasury-yields-mean-singapore-investors The Business Times en 2026-09-02T08:00:00+08:00 What do rising US Treasury yields mean for Singapore investors? https://cassette.sphdigital.com.sg/image/businesstimes/ca37348a928dbad9625590d962dff353b4ef77e95346fabfae3378ed9f9258df Flagging concerns over persistent inflation, US Fed chair Kevin Warsh suggests monetary policy may need to stay restrictive or tighten more if price pressures fail to ease. Flagging concerns over persistent inflation, US Fed chair Kevin Warsh suggests monetary policy may need to stay restrictive or tighten more if price pressures fail to ease. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/cook-hands-over-apples-reins-temus The Business Times en 2026-09-02T07:58:25+08:00 Cook hands over Apple’s reins to Temus https://cassette.sphdigital.com.sg/image/businesstimes/41a86ad978a796d4e12928d287104fe007cb9a125a4548527a1589e4a40b4502 Tim Cook (right) will pass the baton to Apple hardware chief John Ternus (left), who will be steering the company in the AI age. Tim Cook (right) will pass the baton to Apple hardware chief John Ternus (left), who will be steering the company in the AI age.