https://www.businesstimes.com.sg/ THE BUSINESS TIMES - Find latest business and financial news including analysis and opinion on top business stories, stock markets in Singapore, Asia-Pacific and global market news and more at The Business Times. en-US https://www.businesstimes.com.sg/favicon.ico https://www.businesstimes.com.sg/ 32 32 https://www.businesstimes.com.sg/companies-markets/banking-finance/world-bank-talks-dozens-countries-about-crisis-aid-banga Sun, 11 Oct 2026 07:26:26 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/world-bank-talks-dozens-countries-about-crisis-aid-banga This is to help them manage energy shocks and price increases triggered by Middle East war https://www.businesstimes.com.sg/companies-markets/banking-finance/revolut-ceo-says-fintech-coming-amex-jpmorgan-us Fri, 09 Oct 2026 09:05:06 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/revolut-ceo-says-fintech-coming-amex-jpmorgan-us Revolut is Europe’s most valuable startup https://www.businesstimes.com.sg/companies-markets/banking-finance/us-10-year-treasury-yield-risks-hitting-6-first-time-2000-pimco Fri, 09 Oct 2026 05:57:47 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/us-10-year-treasury-yield-risks-hitting-6-first-time-2000-pimco Global bonds have come under heavy selling pressure this year as soaring energy costs fan inflation https://www.businesstimes.com.sg/companies-markets/banking-finance/amex-fined-us350-million-anti-money-laundering-lapses Fri, 09 Oct 2026 00:36:47 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/amex-fined-us350-million-anti-money-laundering-lapses Penalty will not impact the full-year 2026 guidance it previously issued, says Amex https://www.businesstimes.com.sg/international/uk-card-defaults-rise-longest-period-17-years-boe Thu, 08 Oct 2026 11:57:34 +0000 International Banking & Finance Companies & Markets /international/uk-card-defaults-rise-longest-period-17-years-boe Households appear to be taking on more debt just to get by https://www.businesstimes.com.sg/companies-markets/temasek-related-azalea-seatown-seviora-capital-merge-2027 Thu, 08 Oct 2026 10:48:13 +0000 Tan Nai Lun Companies & Markets Banking & Finance /companies-markets/temasek-related-azalea-seatown-seviora-capital-merge-2027 Fullerton Fund Management and InnoVen Capital will continue to operate as separate legal entities within the group https://www.businesstimes.com.sg/companies-markets/banking-finance/more-interest-rate-hikes-needed-there-flexibility-about-pace-feds-waller Thu, 08 Oct 2026 09:19:21 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/more-interest-rate-hikes-needed-there-flexibility-about-pace-feds-waller Most US central bankers expect another quarter-point hike by the end of the year https://www.businesstimes.com.sg/companies-markets/banking-finance/goldman-sachs-says-middle-managers-risk-new-hires-oversee-ai Thu, 08 Oct 2026 06:44:18 +0000 Banking & Finance Companies & Markets Telcos, Media & Tech /companies-markets/banking-finance/goldman-sachs-says-middle-managers-risk-new-hires-oversee-ai Banks will also need fewer fresh graduates for analysis and preparatory work https://www.businesstimes.com.sg/companies-markets/banking-finance/china-based-suspect-south-korea-bank-hacks-used-ai-claude-tools-crowdstrike-report Thu, 08 Oct 2026 04:34:02 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/china-based-suspect-south-korea-bank-hacks-used-ai-claude-tools-crowdstrike-report The actor was likely ‘financially motivated’ and also used a Chinese-developed open-source tool https://www.businesstimes.com.sg/companies-markets/dbs-ocbc-uob-rout-lops-billions-sti-inflation-rate-concerns-spook-investors Thu, 08 Oct 2026 02:32:10 +0000 Deon Loke Companies & Markets Banking & Finance /companies-markets/dbs-ocbc-uob-rout-lops-billions-sti-inflation-rate-concerns-spook-investors Regional bourses also retreat, tracking moves on Wall Street as bond yields continue to rise https://www.businesstimes.com.sg/companies-markets/banking-finance/bitcoin-falls-us650-million-risky-crypto-bets-wiped-out Wed, 07 Oct 2026 14:17:29 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/bitcoin-falls-us650-million-risky-crypto-bets-wiped-out The losses reflected a broader cooling in appetite for risk https://www.businesstimes.com.sg/companies-markets/banking-finance/us7-trillion-data-centre-boom-creating-gaps-insurance-cover-within-apac-report Wed, 07 Oct 2026 10:18:44 +0000 Ranamita Chakraborty Banking & Finance Companies & Markets Startups & Tech Technology /companies-markets/banking-finance/us7-trillion-data-centre-boom-creating-gaps-insurance-cover-within-apac-report There are interconnected and concentrated risks in power, construction, operations, cybersecurity and downtime https://www.businesstimes.com.sg/companies-markets/banking-finance/indias-central-bank-lifts-rates-first-time-nearly-four-years Wed, 07 Oct 2026 05:55:12 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/indias-central-bank-lifts-rates-first-time-nearly-four-years The RBI’s six-member monetary policy committee votes unanimously to raise the benchmark repurchase rate by 25 bps to 5.5% https://www.businesstimes.com.sg/companies-markets/banking-finance/hsbc-plans-job-cuts-across-uk-wealth-business-ai-push-report Wed, 07 Oct 2026 05:42:56 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/hsbc-plans-job-cuts-across-uk-wealth-business-ai-push-report Affected employees are expected to leave by the end of the month https://www.businesstimes.com.sg/companies-markets/ocbc-sheds-s8-billion-value-shares-close-nearly-6-down-analysts-cautious-banks Wed, 07 Oct 2026 03:02:15 +0000 Deon Loke Companies & Markets Banking & Finance /companies-markets/ocbc-sheds-s8-billion-value-shares-close-nearly-6-down-analysts-cautious-banks Citi downgrades OCBC to ‘sell’, but RHB maintains ‘overweight’ rating https://www.businesstimes.com.sg/companies-markets/banking-finance/legitimate-concern-jpmorgan-ceo-dimon-says-anthropics-mythos-pushed-cyber-risk-10-times Tue, 06 Oct 2026 22:54:13 +0000 Banking & Finance Companies & Markets Startups & Tech Technology /companies-markets/banking-finance/legitimate-concern-jpmorgan-ceo-dimon-says-anthropics-mythos-pushed-cyber-risk-10-times AI has ‘created vulnerabilities that we didn’t know about’, he notes https://www.businesstimes.com.sg/international/south-korea-investigates-possible-use-ai-hacks-its-banks Tue, 06 Oct 2026 12:04:13 +0000 International Banking & Finance Companies & Markets /international/south-korea-investigates-possible-use-ai-hacks-its-banks Personal credit information have been leaked https://www.businesstimes.com.sg/international/global/wall-street-bonuses-poised-hit-record-annual-profits-forecast-top-us90-billion Tue, 06 Oct 2026 10:01:48 +0000 Global Banking & Finance Companies & Markets International /international/global/wall-street-bonuses-poised-hit-record-annual-profits-forecast-top-us90-billion Annual earnings would comfortably surpass last year’s record of US$65.1 billion, according to a report https://www.businesstimes.com.sg/companies-markets/banking-finance/ai-appears-have-been-used-bank-hacks-south-koreas-lee Tue, 06 Oct 2026 07:04:52 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/ai-appears-have-been-used-bank-hacks-south-koreas-lee Police are investigating breaches affecting several major lenders; details of alleged artificial intelligence tools used remain undisclosed https://www.businesstimes.com.sg/companies-markets/banking-finance/boj-may-signal-underlying-inflation-has-hit-2-goal-sources Tue, 06 Oct 2026 06:32:18 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/boj-may-signal-underlying-inflation-has-hit-2-goal-sources The BOJ raised its key rate to a 31-year high in September https://www.businesstimes.com.sg/international/global/china-japan-may-pull-back-us-debt-billionaire-investor-ray-dalio-warns Tue, 06 Oct 2026 06:04:40 +0000 Global Banking & Finance Companies & Markets International /international/global/china-japan-may-pull-back-us-debt-billionaire-investor-ray-dalio-warns The two countries have already been paring their holdings  https://www.businesstimes.com.sg/companies-markets/banking-finance/banks-chase-risky-chip-loans-asias-us8-2-trillion-ai-buildout Tue, 06 Oct 2026 04:37:11 +0000 Banking & Finance Companies & Markets International Startups & Tech Technology /companies-markets/banking-finance/banks-chase-risky-chip-loans-asias-us8-2-trillion-ai-buildout With lenders a bigger funding source, firms must do more to prove projects will generate enough revenue https://www.businesstimes.com.sg/companies-markets/citi-targets-globally-ambitious-firms-geopolitical-de-risking-drives-singapore-flows Mon, 05 Oct 2026 23:00:00 +0000 Tan Nai Lun Companies & Markets Banking & Finance /companies-markets/citi-targets-globally-ambitious-firms-geopolitical-de-risking-drives-singapore-flows Its commercial bank revenue in Singapore is up 21% in the first seven months against a year ago https://www.businesstimes.com.sg/companies-markets/digital-payment-tokens-insurance-policies-could-become-tax-exempted-singapore-family-offices Mon, 05 Oct 2026 13:30:55 +0000 Tan Nai Lun Companies & Markets Banking & Finance /companies-markets/digital-payment-tokens-insurance-policies-could-become-tax-exempted-singapore-family-offices MAS will announce the updated designated investment list and implementation date in due course: Gan Kim Yong https://www.businesstimes.com.sg/international/global/70-asian-families-set-transfer-wealth-only-half-see-next-gen-ready-family-office Mon, 05 Oct 2026 13:07:41 +0000 Tan Nai Lun Global Banking & Finance Companies & Markets International /international/global/70-asian-families-set-transfer-wealth-only-half-see-next-gen-ready-family-office Beyond shaping their assets’ future ownership, families need to do as much to develop their future stewards https://www.businesstimes.com.sg/companies-markets/half-new-accounts-private-banks-singapore-industry-group-opened-month-abs Mon, 05 Oct 2026 11:55:54 +0000 Tan Nai Lun Companies & Markets Banking & Finance /companies-markets/half-new-accounts-private-banks-singapore-industry-group-opened-month-abs This is done by deploying AI and digital tools for onboarding, removing excessive processes https://www.businesstimes.com.sg/companies-markets/banking-finance/revoluts-rise-become-europes-us115-billion-big-bank-rival Mon, 05 Oct 2026 06:41:59 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/revoluts-rise-become-europes-us115-billion-big-bank-rival The London-based company has a ‘diversified business model’, a spokesperson says