https://www.businesstimes.com.sg/international/deadly-coal-mine-blast-chinas-shanxi-tests-limits-president-xis-energy-security-push The Business Times en 2026-05-24T13:17:35+08:00 Deadly coal mine blast in China’s Shanxi tests limits of President Xi’s energy security push https://cassette.sphdigital.com.sg/image/businesstimes/c4131d62bb426f481722b2503f6102721aa1292607c14aec31fd5541931467ca Rescuers work at the site on May 23 following a gas explosion at Liushenyu coal mine in China's Shanxi province. Rescuers work at the site on May 23 following a gas explosion at Liushenyu coal mine in China's Shanxi province. https://www.businesstimes.com.sg/international/shanxi-coal-mine-disaster-china-lowers-death-toll-82-90-after-tallying-error The Business Times en 2026-05-24T12:43:44+08:00 Shanxi coal mine disaster: China lowers death toll to 82 from 90 after tallying error https://cassette.sphdigital.com.sg/image/businesstimes/68149801e91ec9b14e448374238d510fa9b0d279adc06a6c218d4879b231aa3e Rescuers at the site following a gas explosion at Liushenyu coal mine in China’s Shanxi province. Rescuers at the site following a gas explosion at Liushenyu coal mine in China’s Shanxi province. https://www.businesstimes.com.sg/opinion-features/coming-vote-europes-soul The Business Times en 2026-05-24T12:00:00+08:00 The coming vote for Europe’s soul https://cassette.sphdigital.com.sg/image/businesstimes/ab1b850e564655eba876a98f0e204215272e3c7b690b0b267bdde615b7d2ce81 When different tariffs are levied on similar goods originating in different countries, the price differences can significantly distort international trade patterns. When different tariffs are levied on similar goods originating in different countries, the price differences can significantly distort international trade patterns. https://www.businesstimes.com.sg/international/iran-agreed-give-enriched-uranium-peace-deal-announced-trump-us-officials-say The Business Times en 2026-05-24T10:36:25+08:00 Iran agreed to give up enriched uranium in peace deal announced by Trump, US officials say https://cassette.sphdigital.com.sg/image/businesstimes/aa3fb12a736dd467bbc1872a99dfee1c95d21ef5ddee1af81e956e851d19d5ec A satellite imagery taken on Feb 1 shows a new roof over a previously destroyed building at Iran's Isfahan nuclear site. A satellite imagery taken on Feb 1 shows a new roof over a previously destroyed building at Iran's Isfahan nuclear site. https://www.businesstimes.com.sg/international/proposed-us-iran-peace-deal-involves-opening-hormuz-during-60-day-ceasefire-extension-report The Business Times en 2026-05-24T08:48:26+08:00 Proposed US-Iran peace deal involves opening Hormuz during 60-day ceasefire extension: report https://cassette.sphdigital.com.sg/image/businesstimes/2f96c71425ddf0775834acb42766b3f3dbd8eae071e8fa3ffa24dc6473cb8931 Weeks of war have left the vital Hormuz waterway closed to most shipping despite a nervous US-Iran ceasefire. Weeks of war have left the vital Hormuz waterway closed to most shipping despite a nervous US-Iran ceasefire. https://www.businesstimes.com.sg/international/global/suspect-21-dies-after-trading-gunfire-officers-near-white-house-us-secret-service The Business Times en 2026-05-24T08:10:23+08:00 Suspect, 21, dies after trading gunfire with officers near White House: US Secret Service https://cassette.sphdigital.com.sg/image/businesstimes/0b874eb2370058b039fdc3cbbc199b82702644ef686e1c5b387058daaea0e74b Law enforcement officers near the White House following reports of gunfire in Washington, DC, on May 23. Law enforcement officers near the White House following reports of gunfire in Washington, DC, on May 23. https://www.businesstimes.com.sg/companies-markets/transport-logistics/uber-explores-delivery-hero-takeover-fight-doordash-globally-sources The Business Times en 2026-05-23T15:42:35+08:00 Uber explores Delivery Hero takeover to fight DoorDash globally: sources https://cassette.sphdigital.com.sg/image/businesstimes/5f007c94faa389057d7c37abeb6eb273eceef8a68af7e270c5812f514cf22960 Uber on May 18 disclosed it had boosted its stake in Frankfurt-listed Delivery Hero. Uber on May 18 disclosed it had boosted its stake in Frankfurt-listed Delivery Hero. https://www.businesstimes.com.sg/international/least-90-dead-chinas-worst-coal-mine-disaster-over-16-years The Business Times en 2026-05-23T15:04:39+08:00 At least 90 dead in China’s worst coal mine disaster in over 16 years https://cassette.sphdigital.com.sg/image/businesstimes/f7eefce0f7a88bb3ed4df65872287e324319bef1976dc64a7f54dd123323f78d Rescuers work at the scene following a gas explosion at the Liushenyu coal mine in Qinyuan county, Shanxi province on May 23." Rescuers work at the scene following a gas explosion at the Liushenyu coal mine in Qinyuan county, Shanxi province on May 23." https://www.businesstimes.com.sg/international/global/three-months-trump-losing-iran-war The Business Times en 2026-05-23T14:53:16+08:00 Three months in, is Trump losing the Iran war? https://cassette.sphdigital.com.sg/image/businesstimes/be8e534fd22fa54e65f20687d5578fe65a38e11abaf625ca7919a8f823b2f3c8 US President Donald Trump is now at risk of seeing the US and its Gulf Arab allies emerge from the conflict worse off. US President Donald Trump is now at risk of seeing the US and its Gulf Arab allies emerge from the conflict worse off. https://www.businesstimes.com.sg/international/asean/indonesia-plans-beat-global-commodity-trading-giants-their-own-game The Business Times en 2026-05-23T13:25:10+08:00 Indonesia plans to beat global commodity trading giants at their own game https://cassette.sphdigital.com.sg/image/businesstimes/fa09794c85388ee572d18ce66394ea5e749ac1c9bbf0da53be72e33b46756c17 Traders provide crucial coal financing to small miners, raising doubts if the Danantara system can replace them. Traders provide crucial coal financing to small miners, raising doubts if the Danantara system can replace them. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/space-etfs-booming-anticipation-spacex-ipo The Business Times en 2026-05-23T12:38:26+08:00 Space ETFs booming in anticipation of SpaceX IPO https://cassette.sphdigital.com.sg/image/businesstimes/1c4a503d5d9c3f74e623dfdd87aabf1504f1ad239e4085ed6b2a55b6b6b457c8 A SpaceX Super Heavy booster carrying the Starship spacecraft lifted off on May 22 on its 12th test flight at Starbase in Texas. A SpaceX Super Heavy booster carrying the Starship spacecraft lifted off on May 22 on its 12th test flight at Starbase in Texas. https://www.businesstimes.com.sg/startups-tech/startups/anthropic-nears-us30-billion-funding-round-top-openai-most-valuable-ai-startup The Business Times en 2026-05-23T11:34:50+08:00 Anthropic nears US$30 billion funding round to top OpenAI as most valuable AI startup https://cassette.sphdigital.com.sg/image/businesstimes/46e8d7d6a459afa50f57906fc38b15e156ec8ffd30f9a099249c294f926850ac Anthropic has developed a series of AI tools aimed at overhauling the way businesses handle tasks from coding to cybersecurity. Anthropic has developed a series of AI tools aimed at overhauling the way businesses handle tasks from coding to cybersecurity. https://www.businesstimes.com.sg/companies-markets/energy-commodities/india-raises-diesel-petrol-prices-third-time-eight-days The Business Times en 2026-05-23T10:04:00+08:00 India raises diesel, petrol prices for third time in eight days https://cassette.sphdigital.com.sg/image/businesstimes/1ee7a243514f3f055762d8c0e39c5973ff26652d8398adbd025fc7838cafca7d Prices of both fuels rose by nearly 1%, or less than one rupee. Prices of both fuels rose by nearly 1%, or less than one rupee. https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-prices-settle-higher-slow-progress-us-iran-peace-talks The Business Times en 2026-05-23T09:45:01+08:00 Oil prices settle higher on slow progress in US-Iran peace talks https://cassette.sphdigital.com.sg/image/businesstimes/9e4611811ab6b7d2f10b75fb00d3d75c882b92d62edfc0d3c3f2ac96302fe495 US West Texas Intermediate (WTI) futures finished at US$96.60 a barrel, up 25 cents or 0.26%. US West Texas Intermediate (WTI) futures finished at US$96.60 a barrel, up 25 cents or 0.26%. https://www.businesstimes.com.sg/international/global/trump-force-foreigners-seeking-green-cards-go-home-first The Business Times en 2026-05-23T09:25:42+08:00 Trump to force foreigners seeking green cards to go home first https://cassette.sphdigital.com.sg/image/businesstimes/131321a0d6f733936403f8054a6b587ca27ea1878e71610f08507f6581f7d77b The policy change could impact hundreds of thousands of people a year and potentially reduce legal immigration further amid a sweeping government crackdown. The policy change could impact hundreds of thousands of people a year and potentially reduce legal immigration further amid a sweeping government crackdown. https://www.businesstimes.com.sg/international/global/warsh-takes-feds-helm-inflation-climbs-consumer-sentiment-dives The Business Times en 2026-05-23T08:31:28+08:00 Warsh takes the Fed’s helm as inflation climbs, consumer sentiment dives https://cassette.sphdigital.com.sg/image/businesstimes/ea9d36e284d713b8695247c0d52d7630cc789a86a8662b278167b6ef3975c12b Supreme Court Justice Clarence Thomas swears in new Federal Reserve chair Kevin Warsh (left) next to his wife Jane Lauder, in the East Room of the White House on May 22. Supreme Court Justice Clarence Thomas swears in new Federal Reserve chair Kevin Warsh (left) next to his wife Jane Lauder, in the East Room of the White House on May 22. https://www.businesstimes.com.sg/international/global/us-secretary-state-rubio-sees-progress-iran-talks-more-work-be-done The Business Times en 2026-05-23T08:14:59+08:00 US Secretary of State Rubio sees progress in Iran talks, more work to be done https://cassette.sphdigital.com.sg/image/businesstimes/1c5216f0f0e35ee79da48ef1b88c26924604b0cb680c49f02e607cc32d6ed327 “There’s more work to be done. We’re not there yet. I hope we get there,” United States Secretary of State Marco Rubio said. “There’s more work to be done. We’re not there yet. I hope we get there,” United States Secretary of State Marco Rubio said. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/wall-street-rises-dow-hits-record-high-middle-east-hopes-lift-sentiment The Business Times en 2026-05-23T08:01:18+08:00 Wall Street rises, Dow hits record high as Middle East hopes lift sentiment https://cassette.sphdigital.com.sg/image/businesstimes/7453ab4a80208d3738dee899874599ce9bd3c970ee32258317e20b4dc105b249 The Dow Jones Industrial Average rose 294.04 points, or 0.58%, to 50,579.70, a record closing high. The Dow Jones Industrial Average rose 294.04 points, or 0.58%, to 50,579.70, a record closing high. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-end-more-one-month-high-tech-boost The Business Times en 2026-05-23T07:41:19+08:00 European shares end at more than one-month high on tech boost https://cassette.sphdigital.com.sg/image/businesstimes/1f678221153e4deaa8b6d9ce7ec4e3512ca22178801674fdae395352afbc3bec Germany’s DAX led gains among regional indexes with a 1.1% rise. Germany’s DAX led gains among regional indexes with a 1.1% rise. https://www.businesstimes.com.sg/opinion-features/what-singapore-structured-gender-bonds-reveal-about-future-capital-markets The Business Times en 2026-05-23T07:00:00+08:00 What Singapore-structured gender bonds reveal about the future of capital markets https://cassette.sphdigital.com.sg/image/businesstimes/49b7bc092463fc048eb2ba24a30afab2732c41da838df08be72f56506faa8efe Gender-focused finance may become another segment through which Singapore intermediates cross-border capital flows across Asia. Gender-focused finance may become another segment through which Singapore intermediates cross-border capital flows across Asia. https://www.businesstimes.com.sg/opinion-features/should-singapores-senior-counsel-title-include-corporate-general-counsel The Business Times en 2026-05-23T07:00:00+08:00 Should Singapore’s senior counsel title include corporate general counsel? https://cassette.sphdigital.com.sg/image/businesstimes/e9f1e032a75b0f8ee2856cc2c5943fbdbb6f470dac8b9ed9f029796893fca2e1 Expanding the Senior Counsel designation to include general counsel would require a redefinition of what it signals to the courts, the profession and the public. Expanding the senior counsel designation to include general counsel would require a redefinition of what it signals to the courts, the profession and the public. https://www.businesstimes.com.sg/opinion-features/benefits-and-dangers-optimism The Business Times en 2026-05-23T07:00:00+08:00 The benefits – and dangers – of optimism https://cassette.sphdigital.com.sg/image/businesstimes/b61a05c44d353cb4c42706db9a4f2f746a81256e4d0bb7684b45f67cf6174f23 Optimists are more likely to rise up organisational ladders, with one study finding that entrepreneurs and managers are more upbeat than employees. Optimists are more likely to rise up organisational ladders, with one study finding that entrepreneurs and managers are more upbeat than employees. https://www.businesstimes.com.sg/companies-markets/ui-boustead-reit-boustead-unit-co-invest-s104-million-seletar-aerospace-facility The Business Times en 2026-05-23T00:16:51+08:00 UI Boustead Reit, Boustead unit to co-invest in S$104 million Seletar aerospace facility https://cassette.sphdigital.com.sg/image/businesstimes/1ab85b102e3ff03646a1f59ce5ea97445e20b4ca1514621e0cefeefca4551fc2 The facility will be located in Seletar Aerospace Park on a site of 322,800 sq ft. The facility will be located in Seletar Aerospace Park on a site of 322,800 sq ft. https://www.businesstimes.com.sg/companies-markets/banking-finance/feds-waller-says-next-move-likely-be-rate-hike-cut The Business Times en 2026-05-22T23:04:07+08:00 Fed’s Waller says next move as likely to be rate hike as cut https://cassette.sphdigital.com.sg/image/businesstimes/69a172804c606d96706e3ab006bf3d0eb749a29f25c59d3097aaa8d27988f200 Federal Reserve Governor Christopher Waller said the oil shock could dissipate soon, but added, “I can no longer rule out rate hikes further down the road if inflation does not abate soon." Federal Reserve Governor Christopher Waller said the oil shock could dissipate soon, but added, “I can no longer rule out rate hikes further down the road if inflation does not abate soon." https://www.businesstimes.com.sg/international/uae-left-opec-pump-more-end-oil-era-looms-presidential-adviser-says The Business Times en 2026-05-22T21:47:06+08:00 UAE left Opec to pump more as end of oil era looms, presidential adviser says https://cassette.sphdigital.com.sg/image/businesstimes/8b7f677e610b7904b1ec15e9b31d381892a85f6403d45618e0276a668b6b9c10 The Abu Dhabi National Oil Company CEO, Sultan Al-Jaber, said the UAE would continue to be a responsible, stabilising force in energy markets. The Abu Dhabi National Oil Company CEO, Sultan Al-Jaber, said the UAE would continue to be a responsible, stabilising force in energy markets. https://www.businesstimes.com.sg/companies-markets/wall-st-rises-open-dow-hits-record-high The Business Times en 2026-05-22T21:42:48+08:00 Wall St rises at open, Dow hits record high https://cassette.sphdigital.com.sg/image/businesstimes/142705143b8389f0a1f5d23db432cef114de9706525b558e35671209a8e0bc9e The Dow Jones Industrial Average rose 149.0 points, or 0.30 per cent, at the open to 50,434.65. The Dow Jones Industrial Average rose 149.0 points, or 0.30 per cent, at the open to 50,434.65. https://www.businesstimes.com.sg/international/adecco-ceo-warns-hit-swiss-10-million-population-cap The Business Times en 2026-05-22T21:36:03+08:00 Adecco CEO warns of hit from Swiss 10 million population cap https://cassette.sphdigital.com.sg/image/businesstimes/f5ef6739629867271f759af699fa740340efb1953268ff47f16f2d5939464dca Newly constructed housing in Knonau, ahead of a June 14 vote to curb population growth to 10 million inhabitants, Knonau, Switzerland, May 21, 2026. Newly constructed housing in Knonau, ahead of a June 14 vote to curb population growth to 10 million inhabitants, Knonau, Switzerland, May 21, 2026. https://www.businesstimes.com.sg/international/indias-central-bank-approves-record-2-87-trillion-rupee-dividend-government The Business Times en 2026-05-22T20:49:33+08:00 India’s central bank approves record 2.87 trillion rupee dividend to government https://cassette.sphdigital.com.sg/image/businesstimes/a6ca2a6e6504202e7bdacff9430d2e26473cf23dfc4ead3c394df7f4e78ffc4c The Reserve Bank of India's balance sheet expanded by 20.6% to 92 trillion rupees as at Mar 31. The Reserve Bank of India's balance sheet expanded by 20.6% to 92 trillion rupees as at Mar 31. https://www.businesstimes.com.sg/international/global/china-expand-public-service-access-migrant-workers The Business Times en 2026-05-22T20:24:23+08:00 China to expand public service access for migrant workers https://cassette.sphdigital.com.sg/image/businesstimes/9470efb97af785f919ab9ac70b8354673b7162c85bbe46f307eddf24c8a29ff5 A worker carries a sack of textile products past recruiters who wait for job seekers at an urban village in Guangzhou, China March 17, 2026. A worker carries a sack of textile products past recruiters who wait for job seekers at an urban village in Guangzhou, China March 17, 2026. https://www.businesstimes.com.sg/international/german-business-outlook-improves-first-time-iran-war The Business Times en 2026-05-22T19:32:18+08:00 German business outlook improves for first time since Iran war https://cassette.sphdigital.com.sg/image/businesstimes/18be79021f94a11a7fcf6789d4d6c308459d694d7ac75cbd86b1a6f24a7e0917 Germany's economy has not seen meaningful expansion in three years, with government infighting not helping its chances of improving. Germany's economy has not seen meaningful expansion in three years, with government infighting not helping its chances of improving. https://www.businesstimes.com.sg/lifestyle/guardiola-end-decade-long-man-city-reign-end-season The Business Times en 2026-05-22T19:24:31+08:00 Guardiola to end decade-long Man City reign at end of season https://cassette.sphdigital.com.sg/image/businesstimes/512e62c3da7d7016af7c6c19ca8d9bbe4a753e67a5c253a7af29aed2dc9f3a64 Pep Guardiola has won six Premier League titles, three FA Cups, five League Cups and the Champions League with Manchester City. Pep Guardiola has won six Premier League titles, three FA Cups, five League Cups and the Champions League with Manchester City. https://www.businesstimes.com.sg/newsletters/esg-insights/issue-195-temasek-miss-climate-targets-power-evs-dominate-s-e-asia-green-economy The Business Times en 2026-05-22T19:00:00+08:00 Issue 195: Temasek to miss climate targets; Power, EVs dominate S-E Asia green economy https://cassette.sphdigital.com.sg/image/businesstimes/74b26895677dc1e960e7db7bc153c5c45385db2398fdafaf4e7b659ae8a4c26f Singapore Airlines’ contribution to Temasek’s portfolio emissions has been persistently growing post-Covid 19. Singapore Airlines’ contribution to Temasek’s portfolio emissions has been persistently growing post-Covid 19. https://www.businesstimes.com.sg/companies-markets/singapore-stocks-close-higher-amid-cautious-middle-east-outlook-sti-0-4 The Business Times en 2026-05-22T18:57:23+08:00 Singapore stocks close higher amid cautious Middle East outlook; STI up 0.4% https://cassette.sphdigital.com.sg/image/businesstimes/4a8b483f143c0637b312f8d315b3eae40f90efa7a0d7fba29c58b541fc5c5979 Across the broader market on May 22, gainers outnumbered losers 330 to 244, after 1.4 billion securities worth S$2 billion changed hands. Across the broader market, gainers outnumber losers 330 to 244, as 1.4 billion securities worth S$2 billion change hands. https://www.businesstimes.com.sg/companies-markets/sgx-regco-sets-three-year-limit-suspended-companies-resolve-concerns The Business Times en 2026-05-22T18:53:46+08:00 SGX RegCo sets three-year limit for suspended companies to resolve concerns https://cassette.sphdigital.com.sg/image/businesstimes/4a8b483f143c0637b312f8d315b3eae40f90efa7a0d7fba29c58b541fc5c5979 SGX RegCo says that the move reinforces market discipline, while giving investors clearer expectations on outcomes. SGX RegCo says that the move reinforces market discipline, while giving investors clearer expectations on outcomes. https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-may-222 The Business Times en 2026-05-22T18:45:00+08:00 Daily Debrief: What Happened Today (May 22) https://cassette.sphdigital.com.sg/image/businesstimes/4867d3a4278e0bb8fcd20959e365068e6739a4b7d03ced1b24254ee94abc9aac The authorities say the new measures will not affect the majority of developers, who have delivered “quality private housing projects to homebuyers”. The authorities say the new measures will not affect the majority of developers, who have delivered “quality private housing projects to homebuyers”. https://www.businesstimes.com.sg/companies-markets/banking-finance/bank-japan-chief-says-he-agreed-maintain-dialogue-pm-no-talk-june-rate-hike The Business Times en 2026-05-22T18:42:38+08:00 Bank of Japan chief says he agreed to maintain dialogue with PM, no talk of June rate hike https://cassette.sphdigital.com.sg/image/businesstimes/a1ba5b58affc38a1769c56d2be451dd1e367bdd8326e9939ab1f34e88cda853a Bank of Japan Governor Kazuo Ueda said there was no specific discussion on raising interest interests when he met PM Sanae Takaichi. Bank of Japan Governor Kazuo Ueda said there was no specific discussion on raising interest interests when he met PM Sanae Takaichi. https://www.businesstimes.com.sg/international/global/singapore-can-gain-chinas-growing-markets-must-embrace-ai-chinese-have-sm-lee The Business Times en 2026-05-22T18:30:00+08:00 Singapore can gain from China’s growing markets, must ‘embrace’ AI as the Chinese have: SM Lee https://cassette.sphdigital.com.sg/image/businesstimes/31b922e404489b0b1da988527a26c3d82ccec8ebcde3aa81366a0eb5a0e688be SM Lee Hsien Loong speaks to Singapore media at the end of a five-day trip to China. The senior minister says that there will be opportunities for Singapore to do business, treating China as a market for its exports. SM Lee Hsien Loong says that there will be opportunities for Singapore to do business, treating China as a market for its exports. https://www.businesstimes.com.sg/companies-markets/hour-glass-h2-profit-jumps-39-s103-8-million-higher-sales The Business Times en 2026-05-22T18:08:02+08:00 The Hour Glass H2 profit jumps 39% to S$103.8 million on higher sales https://cassette.sphdigital.com.sg/image/businesstimes/b827746f299ac4db7e669de9cf045c6e7009577241b84d2c5a55401fa53e33ae The Hour Glass' earnings per share for FY2026 have risen to S$0.28, from S$0.21 the year before. The Hour Glass' earnings per share for FY2026 have risen to S$0.28, from S$0.21 the year before. https://www.businesstimes.com.sg/international/china-cracks-down-illegal-cross-border-securities-trading The Business Times en 2026-05-22T17:57:03+08:00 China cracks down on illegal cross-border securities trading https://cassette.sphdigital.com.sg/image/businesstimes/f3cbfff674439bc3ae0c8949022edeeefd3f87c42a814078bd3bc6f3f3e4ba52 China Securities Regulatory Commission officials say the measures are designed to clean up the capital market environment and steer investors toward regulated channels for overseas investment. China Securities Regulatory Commission officials say the measures are designed to clean up the capital market environment and steer investors toward regulated channels for overseas investment. https://www.businesstimes.com.sg/podcasts/war-three-months-old-stocks-are-record-highs-and-fed-talking-hikes The Business Times en 2026-05-22T17:46:00+08:00 The war is three months old, stocks are at record highs and the Fed is talking hikes https://cassette.sphdigital.com.sg/image/businesstimes/aa5706413a66b68e3c94146d76f0132f33808b3f06ac9c6a92e61a60af5d2014 Is the "AI trade" now moving into a more selective, post-euphoria phase? Is the "AI trade" now moving into a more selective, post-euphoria phase? https://www.businesstimes.com.sg/companies-markets/banking-finance/what-furore-over-lower-value-human-capital-reveals-about-ai-and-future-banking The Business Times en 2026-05-22T17:37:35+08:00 What the furore over ‘lower-value human capital’ reveals about AI and the future of banking https://cassette.sphdigital.com.sg/image/businesstimes/739a535bde4678cb7c27f1dc52de862991341893e75f62c94d83e4074fbc394b Standard Chartered Bank is among the first major global banks to explicitly link planned job cuts to AI adoption. Standard Chartered Bank is among the first major global banks to explicitly link planned job cuts to AI adoption. https://www.businesstimes.com.sg/international/samsung-workers-begin-voting-pay-deal-some-non-chip-employees-oppose-it The Business Times en 2026-05-22T17:36:26+08:00 Samsung workers begin voting on pay deal, some non-chip employees to oppose it https://cassette.sphdigital.com.sg/image/businesstimes/9ed582b779f52e1d304f1fae64c62db407747fe8e01258e0541f06007c1686a4 Some 89,000 workers will cast their ballots electronically, with the voting running until 10 am on May 27. Some 89,000 workers will cast their ballots electronically, with the voting running until 10 am on May 27. https://www.businesstimes.com.sg/companies-markets/banking-finance/citi-boost-asia-wealth-business-significant-hires-global-head-says The Business Times en 2026-05-22T17:30:53+08:00 Citi to boost Asia wealth business with ‘significant’ hires, global head says https://cassette.sphdigital.com.sg/image/businesstimes/adec697fefac036c61a7ba799db2e3b4fda35db1593621088448e6c2e18ef1fc Citi plans to hire about 100 private bankers globally, alongside roughly 400 other specialists. Citi plans to hire about 100 private bankers globally, alongside roughly 400 other specialists. https://www.businesstimes.com.sg/singapore/teo-siong-seng-take-leave-absence-sbf-economic-task-force-deal-us-allegations The Business Times en 2026-05-22T17:20:17+08:00 Teo Siong Seng to take leave of absence from SBF, economic task force to deal with US allegations https://cassette.sphdigital.com.sg/image/businesstimes/a3867b0daa70442d9e4e362c2aeb0dda87f3b019f9ed26a784c594801718b322 Teo Siong Seng is accused by the US of colluding with executives of other shipping container companies to restrict the production of dry shipping containers . Teo Siong Seng is accused by the US of colluding with executives of other shipping container companies to restrict the production of dry shipping containers . https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-hit-over-two-week-highs-signs-progress-us-iran-talks The Business Times en 2026-05-22T17:02:12+08:00 European shares hit over two-week highs on signs of progress in US-Iran talks https://cassette.sphdigital.com.sg/image/businesstimes/d82e0c3caf8baa2c817b9560d50165e38c160a12ed7118439558d7b3e89dc50d The Stoxx 600 climbed 0.6 per cent to 624.50 points by 0801 GMT on Friday. The Stoxx 600 climbed 0.6 per cent to 624.50 points by 0801 GMT on Friday. https://www.businesstimes.com.sg/lifestyle/european-champions-spain-quest-regain-world-cup-crown The Business Times en 2026-05-22T17:01:51+08:00 European champions Spain on quest to regain World Cup crown https://cassette.sphdigital.com.sg/image/businesstimes/38a50ef8b5419eaaef6fb7a2154cf2dce61ce7417d5cf1c7e34dc50b7888441a Teenager Lamine Yamal, who plays for Barcelona, is one of the top stars in the Spanish squad at the World Cup. Teenager Lamine Yamal, who plays for Barcelona, is one of the top stars in the Spanish squad at the World Cup. https://www.businesstimes.com.sg/companies-markets/banking-finance/stanchart-ceo-apologises-lower-value-comments-after-outcry The Business Times en 2026-05-22T16:49:38+08:00 StanChart CEO apologises for ‘lower-value’ comments after outcry https://cassette.sphdigital.com.sg/image/businesstimes/b6de26b7dc6ea8a2e396c5020b0208825a71461821b8f25b71c3bc88319a20d7 Standard Chartered CEO Bill Winters wrote in a LinkedIn post on Friday that he recognised his “choice of words” has “caused upset to some colleagues.”  Standard Chartered CEO Bill Winters wrote in a LinkedIn post on Friday that he recognised his “choice of words” has “caused upset to some colleagues.”  https://www.businesstimes.com.sg/international/uk-borrowing-jumps-reeves-faces-iran-war-challenge The Business Times en 2026-05-22T16:39:35+08:00 UK borrowing jumps as Reeves faces up to Iran war challenge https://cassette.sphdigital.com.sg/image/businesstimes/5e4c12995d4d97934be466daf752e135c8e9f8981db4f45679306dec9d5e7b36 Finance Minister Rachel Reeves is under pressure to help turn around PM Keir Starmer's low standing in opinion polls. Finance Minister Rachel Reeves is under pressure to help turn around PM Keir Starmer's low standing in opinion polls. https://www.businesstimes.com.sg/companies-markets/estee-lauder-puig-talks-fail-after-charlotte-tilbury-tension The Business Times en 2026-05-22T16:37:56+08:00 Estee Lauder-Puig talks fail after Charlotte Tilbury tension https://cassette.sphdigital.com.sg/image/businesstimes/0244363dc0dc6bdf0d0b0c313019c29d556b9274a84533e52056241ecc5dd377 Wall Street analysts had already expressed scepticism about the tie-up, questioning Estee Lauder’s ability to integrate additional brands during its own turnaround that has already seen the company cut thousands of jobs.  Wall Street analysts had already expressed scepticism about the tie-up, questioning Estee Lauder’s ability to integrate additional brands during its own turnaround that has already seen the company cut thousands of jobs.  https://www.businesstimes.com.sg/international/asean/indonesias-commodity-export-shake-sparks-industry-alarm-investor-jitters The Business Times en 2026-05-22T16:32:47+08:00 Indonesia’s commodity export shake-up sparks industry alarm, investor jitters https://cassette.sphdigital.com.sg/image/businesstimes/f85563c117456c96e49c1bc214f75d6cc16ccc5d2f84ab4c6831462105fcd454 The lack of operational clarity in the shake-up of Indonesia’s commodities exports is showing up in trading activity, with fresh fruit bunch prices declining in Sumatra and Kalimantan. The lack of operational clarity in the shake-up of Indonesia’s commodities exports is showing up in trading activity, with fresh fruit bunch prices declining in Sumatra and Kalimantan. https://www.businesstimes.com.sg/companies-markets/transport-logistics/qatar-airways-skip-staff-bonuses-due-iran-war-impact The Business Times en 2026-05-22T16:16:20+08:00 Qatar Airways to skip staff bonuses due to Iran war impact https://cassette.sphdigital.com.sg/image/businesstimes/acb167ece62ce82157c27ca60ab333810157cdfd5772342b7fb0c45e28cc1001 Qatar Airways' profit dropped about 10% to 7.08 billion riyals (S$2.5 billion) in the latest financial year. Qatar Airways' profit dropped about 10% to 7.08 billion riyals (S$2.5 billion) in the latest financial year. https://www.businesstimes.com.sg/singapore/koh-poh-koon-resigns-ministerial-roles-family-reasons-will-stay-mp The Business Times en 2026-05-22T16:10:07+08:00 Koh Poh Koon resigns from ministerial roles for ‘family reasons’, will stay on as MP https://cassette.sphdigital.com.sg/image/businesstimes/1bd0f12c46feed64a56117ab5ec4afb41e54e58b24efe97144165e7b383d55fa Koh will continue to serve residents of Tampines Central Division as MP for Tampines GRC. Dr Koh says he has been "an absent husband, father and son" since entering politics in 2015. https://www.businesstimes.com.sg/companies-markets/earnings-miss-downside-risks-weigh-singtel-shares-rhb-sees-re-entry-opportunity The Business Times en 2026-05-22T16:00:29+08:00 Earnings miss, downside risks weigh on Singtel shares, but RHB sees ‘re-entry opportunity’ https://cassette.sphdigital.com.sg/image/businesstimes/aac5066e4ba99853600ceb3a88b2ca409f4f265640dfc4f4402bd617be1a2c09 Several brokerages say that Singtel's fourth-quarter results are “slightly below expectations”. Several brokerages say that Singtel's fourth-quarter results are “slightly below expectations”. https://www.businesstimes.com.sg/international/malaysia-introduce-new-rules-protect-youth-online-platforms The Business Times en 2026-05-22T15:58:28+08:00 Malaysia to introduce new rules to protect youth on online platforms https://cassette.sphdigital.com.sg/image/businesstimes/a53e4cc9fcb6759e237d2e654f39134c409833e3c2db3d40eb4dc42dc31fcb98 The Malaysian authorities consider online gambling, scams and content related to race, religion and royalty as harmful. The Malaysian authorities consider online gambling, scams and content related to race, religion and royalty as harmful. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/how-china-uses-national-team-influence-trading The Business Times en 2026-05-22T15:57:30+08:00 How China uses a ‘national team’ to influence trading https://cassette.sphdigital.com.sg/image/businesstimes/d354974545d3b63d0258ce9e72cb3d2701814d990ed8e25abaa720fad4189cda The fresh crop of chip designers and large language model companies has helped China stand out among global markets shaken by concerns over AI disruption. Equities are an important piece of the puzzle if China wants to rewire growth towards new economic drivers. https://www.businesstimes.com.sg/property/us-mortgage-rates-hit-highest-august-war-fans-inflation The Business Times en 2026-05-22T15:41:58+08:00 US mortgage rates hit highest since August as war fans inflation https://cassette.sphdigital.com.sg/image/businesstimes/ec5e2ce8df28f263f3222be0744c72986cea321db777d7009edb8f5248f81b05 The housing market has become hostage to geopolitics, with the war in Iran driving up oil prices, inflation and bond yields. The American housing market has become hostage to geopolitics, with the war in Iran driving up oil prices, inflation and bond yields. https://www.businesstimes.com.sg/property/chinas-housing-slump-shows-signs-bottoming-out-weve-been-here The Business Times en 2026-05-22T15:36:44+08:00 China’s housing slump shows signs of bottoming out. We’ve been here before https://cassette.sphdigital.com.sg/image/businesstimes/3281f6eaa0d8900600d1b864cf4ae3c218d32717f10b50594472e85f3fbd1220 After housing prices in several of the country's biggest cities levelled off in the first few months of the year, the market is again at a crossroads. After housing prices in several of the country's biggest cities levelled off in the first few months of the year, the market is again at a crossroads. https://www.businesstimes.com.sg/opinion-features/features/are-singaporeans-tightening-purse-strings-they-tie-knot The Business Times en 2026-05-22T15:30:00+08:00 Are Singaporeans tightening purse strings as they tie the knot? https://cassette.sphdigital.com.sg/image/businesstimes/828c7a24c63fb9213886156301cda7607d4aa955de2f47476c858b9c940bef4d Singapore couples are more particular about spending; smaller party sizes; and emerging new services. Singapore couples are more particular about spending; smaller party sizes; and emerging new services. https://www.businesstimes.com.sg/companies-markets/japans-nikkei-rallies-record-close-ai-shares-shine The Business Times en 2026-05-22T15:03:08+08:00 Japan's Nikkei rallies to record close as AI shares shine https://cassette.sphdigital.com.sg/image/businesstimes/bb25ef4459f38a5e842fa8ff104ca773b864037148aee4570c760fc19f7e5804 The Nikkei ended the day up 2.7 per cent at 63,339.07, despite failing to breach the all-time intraday peak of 63,799.32 from May 14. The Nikkei ended the day up 2.7 per cent at 63,339.07, despite failing to breach the all-time intraday peak of 63,799.32 from May 14. https://www.businesstimes.com.sg/wealth/wealth-investing/retirement-advice-worries-me-most The Business Times en 2026-05-22T15:00:00+08:00 The retirement advice that worries me the most https://cassette.sphdigital.com.sg/image/businesstimes/421f367aa950b06487afbaa8b1878f06faba6319ce4a4996d0d86ce379c8e44e Errant investment advice on CPF Life and ILPs could compromise retirement adequacy in the long run. Errant investment advice on CPF Life and ILPs could compromise retirement adequacy in the long run. https://www.businesstimes.com.sg/international/developments-chinas-economy-now-have-bigger-impact-eu-ecb The Business Times en 2026-05-22T14:46:09+08:00 Developments in China’s economy now have a bigger impact on EU: ECB https://cassette.sphdigital.com.sg/image/businesstimes/e9168d5b6f06349d0e705fd67407729233de4a16c38e8525ebe804117e0b9767 Chinese EV brands are increasingly making inroads in Europe, sometimes at the expense of European carmakers. Chinese EV brands are increasingly making inroads in Europe, sometimes at the expense of European carmakers. https://www.businesstimes.com.sg/companies-markets/taiwan-semiconductor-firm-kyec-pumps-s100-million-new-singapore-plant-creating-over-300-jobs The Business Times en 2026-05-22T14:27:09+08:00 Taiwan semiconductor firm Kyec pumps S$100 million into new Singapore plant, creating over 300 jobs https://cassette.sphdigital.com.sg/image/businesstimes/95ca57b015b3dfdd6b5b208366920c5ba7c8edfcd47c5012bc984d4512d64110 From left: Kyec Singapore chairman Gauss Chang; EDB managing director Jermaine Loy; and Kyec Singapore president Kenneth Seah at the facility's launch. From left: Kyec Singapore chairman Gauss Chang; EDB managing director Jermaine Loy; and Kyec Singapore president Kenneth Seah at the facility's launch. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/amd-ramping-taiwan-capacity-global-cpu-market-tightens The Business Times en 2026-05-22T14:19:27+08:00 AMD ramping up Taiwan capacity as global CPU market tightens https://cassette.sphdigital.com.sg/image/businesstimes/f378b2f8034f4f088df288ffee9d11090f2c420a02252b96a2d8d6fda9a6135a Taiwan plays a pivotal role in the global artificial intelligence (AI) supply chain for companies including Nvidia and Apple. AMD would continue working closely with Chinese customers while complying with US export controls that restrict shipments of some of its high-end AI chips, says CEO Lisa Su. https://www.businesstimes.com.sg/companies-markets/transport-logistics/airspace-bans-iran-war-rising-fuel-costs-air-india-ceo-says-successor-will-have-hands-full The Business Times en 2026-05-22T14:17:49+08:00 Airspace bans, Iran war, rising fuel costs: Air India CEO says successor will have ‘hands full’ https://cassette.sphdigital.com.sg/image/businesstimes/dabe0b3368a2808f8986e03448703120b0869d5e8a06cddaf83dea42ca5f2322 “I’m going to be flexible for as long as it takes for them to find someone and make sure that we do a good transition,” said Air India CEO Campbell Wilson. CEO Campbell Wilson: “I’m going to be flexible for as long as it takes for them to find someone and make sure that we do a good transition.”