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/hong-kong-banks-tighten-scrutiny-chinese-clients-after-trading-curbs Wed, 27 May 2026 11:06:06 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/hong-kong-banks-tighten-scrutiny-chinese-clients-after-trading-curbs Lenders have also raised the threshold for mainland applicants seeking savings accounts https://www.businesstimes.com.sg/companies-markets/bigger-better-bank-singapore-doubles-down-ultra-wealthy-and-bankers-chasing-them Wed, 27 May 2026 10:22:35 +0000 Renald Yeo Companies & Markets Banking & Finance /companies-markets/bigger-better-bank-singapore-doubles-down-ultra-wealthy-and-bankers-chasing-them CEO Jason Moo says the lender is starting to see large amounts of flow enter the region https://www.businesstimes.com.sg/companies-markets/banking-finance/once-investor-darlings-australian-banks-get-reality-check-mortgage-change Wed, 27 May 2026 08:29:40 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/once-investor-darlings-australian-banks-get-reality-check-mortgage-change Their shares slide as housing demand and investor lending weaken; lenders turn to cost cuts, automation to protect returns https://www.businesstimes.com.sg/companies-markets/banking-finance/sri-lanka-jolts-markets-outsized-100-bp-rate-hike-counter-gulf-crisis Tue, 26 May 2026 07:49:32 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/sri-lanka-jolts-markets-outsized-100-bp-rate-hike-counter-gulf-crisis The Central Bank raised the overnight policy rate to 8.75% from 7.75% https://www.businesstimes.com.sg/companies-markets/banking-finance/mufg-explores-options-stake-indonesias-danamon-including-take-private-deal-sources Tue, 26 May 2026 04:17:14 +0000 Banking & Finance Asean Companies & Markets International /companies-markets/banking-finance/mufg-explores-options-stake-indonesias-danamon-including-take-private-deal-sources Japan’s biggest financial institution is working with an adviser on a plan https://www.businesstimes.com.sg/companies-markets/banking-finance/firms-must-help-staff-plan-ai-job-cuts-become-inevitable-top-australia-banker-says Tue, 26 May 2026 01:50:59 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/firms-must-help-staff-plan-ai-job-cuts-become-inevitable-top-australia-banker-says Smaller teams and steeper career paths ahead as AI reshapes roles https://www.businesstimes.com.sg/companies-markets/banking-finance/ecb-convening-bank-meeting-fix-flaws-exposed-ai-models-report Mon, 25 May 2026 08:10:09 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/ecb-convening-bank-meeting-fix-flaws-exposed-ai-models-report The European Central Bank (ECB) plans to press lenders to accelerate efforts to secure their IT systems after organising a meeting on... https://www.businesstimes.com.sg/companies-markets/banking-finance/japan-bond-yield-surge-deepens-regional-bank-stock-divide Mon, 25 May 2026 07:50:55 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/japan-bond-yield-surge-deepens-regional-bank-stock-divide Lenders with holdings vulnerable to higher yields are being punished by investors for unrealised losses https://www.businesstimes.com.sg/companies-markets/banking-finance/softbank-taps-retail-investors-us1-6-billion-yen-bond-deal Mon, 25 May 2026 07:50:47 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/softbank-taps-retail-investors-us1-6-billion-yen-bond-deal The company faces massive funding needs tied to AI infrastructure spending and other investments https://www.businesstimes.com.sg/companies-markets/ai-boom-masks-mounting-risks-middle-east-energy-shock-mas-chief Mon, 25 May 2026 06:49:19 +0000 Jean Low Companies & Markets Banking & Finance Singapore /companies-markets/ai-boom-masks-mounting-risks-middle-east-energy-shock-mas-chief The financial regulator is working with private banks to shorten the time needed to open an account https://www.businesstimes.com.sg/companies-markets/china-trading-curbs-may-hit-hk250-billion-hong-kong-assets Mon, 25 May 2026 04:47:49 +0000 Companies & Markets Banking & Finance /companies-markets/china-trading-curbs-may-hit-hk250-billion-hong-kong-assets It comes as more mainland investors chase higher returns in the US and other overseas markets https://www.businesstimes.com.sg/companies-markets/banking-finance/feds-waller-says-next-move-likely-be-rate-hike-cut Fri, 22 May 2026 15:04:07 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/feds-waller-says-next-move-likely-be-rate-hike-cut FEDERAL Reserve Governor Christopher Waller said he supports making clear the central bank’s next interest-rate move is just as likely to be... https://www.businesstimes.com.sg/companies-markets/banking-finance/bank-japan-chief-says-he-agreed-maintain-dialogue-pm-no-talk-june-rate-hike Fri, 22 May 2026 10:42:38 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/bank-japan-chief-says-he-agreed-maintain-dialogue-pm-no-talk-june-rate-hike [TOKYO] Bank of Japan Governor Kazuo Ueda said on Friday he had agreed to communicate closely with Prime Minister Sanae Takaichi on... https://www.businesstimes.com.sg/companies-markets/banking-finance/what-furore-over-lower-value-human-capital-reveals-about-ai-and-future-banking Fri, 22 May 2026 09:37:35 +0000 Vivien Shiao Banking & Finance Companies & Markets Opinion & Features /companies-markets/banking-finance/what-furore-over-lower-value-human-capital-reveals-about-ai-and-future-banking Lenders are learning that the artificial intelligence transition requires more than charting productivity gains https://www.businesstimes.com.sg/companies-markets/banking-finance/citi-boost-asia-wealth-business-significant-hires-global-head-says Fri, 22 May 2026 09:30:53 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/citi-boost-asia-wealth-business-significant-hires-global-head-says Its Asia wealth business generated about US$3 billion in revenue in 2025 https://www.businesstimes.com.sg/companies-markets/banking-finance/stanchart-ceo-apologises-lower-value-comments-after-outcry Fri, 22 May 2026 08:49:38 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/stanchart-ceo-apologises-lower-value-comments-after-outcry The CEO’s remarks drew condemnation on social media and across Asia https://www.businesstimes.com.sg/companies-markets/banking-finance/philippine-central-bank-governor-says-it-considering-cycle-rate-hike Fri, 22 May 2026 04:44:13 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/philippine-central-bank-governor-says-it-considering-cycle-rate-hike Spiralling fuel costs have raised concerns that pump prices could trigger hikes in other consumer goods https://www.businesstimes.com.sg/companies-markets/banking-finance/trump-will-swear-kevin-warsh-may-22-lead-us-federal-reserve Fri, 22 May 2026 00:35:12 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/trump-will-swear-kevin-warsh-may-22-lead-us-federal-reserve Warsh will serve a four-year term as chair and a 14-year term as a Fed governor https://www.businesstimes.com.sg/companies-markets/banking-finance/goldman-sachs-pay-us500-million-settle-shareholder-lawsuit-over-1mdb-scandal Thu, 21 May 2026 23:59:10 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/goldman-sachs-pay-us500-million-settle-shareholder-lawsuit-over-1mdb-scandal Shareholders accuse the bank of lying about its role in the fraud while repeatedly touting its supposedly robust risk management https://www.businesstimes.com.sg/companies-markets/banking-finance/boj-faces-calls-pause-bond-taper-energy-shock-jolts-yields Thu, 21 May 2026 08:15:30 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/boj-faces-calls-pause-bond-taper-energy-shock-jolts-yields SOME Bank of Japan drew some requests to pause its bond taper plan, its survey of investors showed, as recent sharp bond... https://www.businesstimes.com.sg/companies-markets/banking-finance/jpmorgan-will-hire-more-ai-fewer-bankers-ceo-dimon-says Thu, 21 May 2026 07:58:07 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/jpmorgan-will-hire-more-ai-fewer-bankers-ceo-dimon-says The comments highlight a broader industry pivot to automation reshaping the global financial workforce https://www.businesstimes.com.sg/companies-markets/banking-finance/citadel-securities-hires-more-60-across-asia-including-singapore Thu, 21 May 2026 03:04:39 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/citadel-securities-hires-more-60-across-asia-including-singapore The firm will focus on hiring researchers, engineers and traders by tapping into the talent pool in Hong Kong https://www.businesstimes.com.sg/companies-markets/banking-finance/us-fed-minutes-show-more-policymakers-open-rate-hike Thu, 21 May 2026 02:14:12 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/us-fed-minutes-show-more-policymakers-open-rate-hike The central bank policymakers see rising inflation risks, with rate hike possible