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/international/walmart-settles-us-governments-opioid-lawsuit-which-sought-billions-us50-million Sat, 29 Aug 2026 06:17:05 +0000 International Companies & Markets Consumer & Healthcare /international/walmart-settles-us-governments-opioid-lawsuit-which-sought-billions-us50-million The settlement also calls for tighter oversight of pharmacists https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/openai-end-agreement-spacexs-ai-coding-tool-cursor-deepening-musk-altman-clash Sat, 29 Aug 2026 04:27:51 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/openai-end-agreement-spacexs-ai-coding-tool-cursor-deepening-musk-altman-clash SpaceX announced a deal to buy Anysphere, the startup behind Cursor, for US$60 billion in June https://www.businesstimes.com.sg/companies-markets/banking-finance/warshs-inflation-warning-sets-september-showdown-fed Sat, 29 Aug 2026 03:02:35 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/warshs-inflation-warning-sets-september-showdown-fed The Fed held interest rates steady at its July policy meeting https://www.businesstimes.com.sg/companies-markets/banking-finance/yen-passes-160-dollar-hit-weakest-level-month Sat, 29 Aug 2026 02:39:21 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/yen-passes-160-dollar-hit-weakest-level-month The Japanese currency has been under pressure https://www.businesstimes.com.sg/companies-markets/transport-logistics/honda-nissan-reach-deal-joint-development-vehicle-software-report Sat, 29 Aug 2026 01:45:42 +0000 Transport & Logistics Companies & Markets /companies-markets/transport-logistics/honda-nissan-reach-deal-joint-development-vehicle-software-report HONDA Motor and Nissan Motor are expected to agree as soon as Monday on developing a shared operating system and onboard computer... https://www.businesstimes.com.sg/international/trump-says-us-taking-partial-control-venezuelas-vast-oil-reserves Sat, 29 Aug 2026 01:05:15 +0000 International Companies & Markets Energy & Commodities /international/trump-says-us-taking-partial-control-venezuelas-vast-oil-reserves Venezuela holds the world’s largest proven oil reserves but produces only about 1.25 million barrels per day https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-settles-lower-clues-about-fed-policy-rumours-hormuz-deal Sat, 29 Aug 2026 00:32:43 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/oil-settles-lower-clues-about-fed-policy-rumours-hormuz-deal Both oil benchmarks declined for the day https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-rise-french-stocks-rebound-markets-digest-warsh-speech Fri, 28 Aug 2026 23:48:01 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/european-shares-rise-french-stocks-rebound-markets-digest-warsh-speech Most European sub-sectors were higher https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-wall-street-ends-lower-after-fed-chair-warsh-reaffirms-inflation-fight Fri, 28 Aug 2026 23:41:37 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/us-stocks-wall-street-ends-lower-after-fed-chair-warsh-reaffirms-inflation-fight All three major indices declined https://www.businesstimes.com.sg/companies-markets/boards-should-preset-instead-reset-keppel-chairman-piyush-gupta Fri, 28 Aug 2026 15:19:45 +0000 Ranamita Chakraborty Companies & Markets Singapore /companies-markets/boards-should-preset-instead-reset-keppel-chairman-piyush-gupta Boards should be viewed as a ‘collective of talent’, much like a football team, he says https://www.businesstimes.com.sg/singapore/new-ai-powered-smrt-command-centre-aims-make-bus-services-safer-more-reliable-and-faster Fri, 28 Aug 2026 13:46:41 +0000 Vanessa Paige Chelvan Singapore Companies & Markets Transport & Logistics /singapore/new-ai-powered-smrt-command-centre-aims-make-bus-services-safer-more-reliable-and-faster All bus service operations will now be controlled from the Mobility Command and Control Centre in Gali Batu Bus Depot near Yew... https://www.businesstimes.com.sg/companies-markets/wall-street-opens-subdued-ahead-warshs-speech Fri, 28 Aug 2026 13:42:59 +0000 Companies & Markets International /companies-markets/wall-street-opens-subdued-ahead-warshs-speech [NEW YORK] Wall Street’s main indexes opened muted open on Friday (Aug 28), as an AI-fuelled rally fizzled out ahead of Federal... https://www.businesstimes.com.sg/companies-markets/banking-finance/dollar-heads-weekly-gain-warsh-remarks-awaited Fri, 28 Aug 2026 12:16:32 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/dollar-heads-weekly-gain-warsh-remarks-awaited [LONDON] The US dollar held firm near a one-week high against major peers on Friday (Aug 28), as investors stood on the... https://www.businesstimes.com.sg/international/global/how-shein-had-make-peace-china-finally-go-public Fri, 28 Aug 2026 11:49:01 +0000 Global Companies & Markets International /international/global/how-shein-had-make-peace-china-finally-go-public It is set to raise US$1.7 billion in its IPO at a valuation of just US$26.5 billion https://www.businesstimes.com.sg/companies-markets/energy-commodities/petronas-reports-higher-h1-profit-and-revenue Fri, 28 Aug 2026 10:59:00 +0000 Energy & Commodities Companies & Markets International /companies-markets/energy-commodities/petronas-reports-higher-h1-profit-and-revenue It warns of uncertain energy landscape https://www.businesstimes.com.sg/companies-markets/adrian-chui-steps-down-ceo-esr-reit Fri, 28 Aug 2026 10:57:08 +0000 Chloe Lim Companies & Markets Reits & Property /companies-markets/adrian-chui-steps-down-ceo-esr-reit The search for his replacement has begun https://www.businesstimes.com.sg/companies-markets/singapore-shares-rise-ahead-key-fed-conference-sti-0-3 Fri, 28 Aug 2026 10:27:18 +0000 Companies & Markets /companies-markets/singapore-shares-rise-ahead-key-fed-conference-sti-0-3 Wilmar International leads the gainers on the blue-chip index https://www.businesstimes.com.sg/companies-markets/buying-opportunity-sembcorps-india-unit-ipo-could-lift-group-value-10 Fri, 28 Aug 2026 09:52:10 +0000 Shikhar Gupta Companies & Markets Energy & Commodities /companies-markets/buying-opportunity-sembcorps-india-unit-ipo-could-lift-group-value-10 Sembcorp Green Infra’s listing could also make its parent more attractive to investors, say analysts https://www.businesstimes.com.sg/companies-markets/banking-finance/chinas-largest-five-banks-report-strongest-first-half-profit-height-property-crash Fri, 28 Aug 2026 09:27:44 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/chinas-largest-five-banks-report-strongest-first-half-profit-height-property-crash They reported profit growth of between 3% and 5% in the first half https://www.businesstimes.com.sg/companies-markets/hong-leong-rhb-and-uob-kay-hian-upgrade-ihh-buy-after-earnings-beat-estimates Fri, 28 Aug 2026 08:56:48 +0000 Evan See Companies & Markets /companies-markets/hong-leong-rhb-and-uob-kay-hian-upgrade-ihh-buy-after-earnings-beat-estimates The healthcare group’s Q2 net profit is up 29.3% year on year at RM573 million https://www.businesstimes.com.sg/companies-markets/banking-finance/softbank-seeks-another-us10-billion-loan-openai-stake-funding Fri, 28 Aug 2026 07:37:23 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/softbank-seeks-another-us10-billion-loan-openai-stake-funding SoftBank is also looking at tapping the bond market for additional funding https://www.businesstimes.com.sg/companies-markets/boards-need-reset-governance-fundamentals-still-hold-indranee-rajah Fri, 28 Aug 2026 07:17:33 +0000 Ranamita Chakraborty Companies & Markets Singapore /companies-markets/boards-need-reset-governance-fundamentals-still-hold-indranee-rajah Also at SID’s conference, Temasek CEO Dilhan Pillay says much depends on getting the relationship between a chairman and CEO right https://www.businesstimes.com.sg/companies-markets/hong-kong-exchange-launch-shein-derivatives-after-trading-debut-next-week Fri, 28 Aug 2026 07:00:32 +0000 Companies & Markets International /companies-markets/hong-kong-exchange-launch-shein-derivatives-after-trading-debut-next-week The options contracts will have a contract size of 500 shares https://www.businesstimes.com.sg/companies-markets/more-15000-sign-national-accounting-bodys-ai-programme-two-months Fri, 28 Aug 2026 06:00:25 +0000 Renald Yeo Companies & Markets Banking & Finance Singapore /companies-markets/more-15000-sign-national-accounting-bodys-ai-programme-two-months Isca is preparing Chinese, Thai and Vietnamese versions as it looks to take the initiative beyond Singapore https://www.businesstimes.com.sg/companies-markets/chinese-carmakers-grow-market-share-europe-hybrid-surge Fri, 28 Aug 2026 05:47:00 +0000 Companies & Markets Transport & Logistics /companies-markets/chinese-carmakers-grow-market-share-europe-hybrid-surge Chinese automakers’ share of new car sales in the region tops 11% in July https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/sk-hynix-starts-work-us4-billion-indiana-ai-memory-hub-expects-shortage-through-2030 Fri, 28 Aug 2026 05:29:28 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/sk-hynix-starts-work-us4-billion-indiana-ai-memory-hub-expects-shortage-through-2030 By 2030, the company expects Indiana to become a key high-bandwidth memory production base in the US https://www.businesstimes.com.sg/companies-markets/singapore-launches-liquid-cooling-standard-data-centres-tropical-climate Fri, 28 Aug 2026 04:41:17 +0000 Sharanya Pillai Companies & Markets Energy & Commodities ESG /companies-markets/singapore-launches-liquid-cooling-standard-data-centres-tropical-climate It accounts for the challenges presented by high temperatures and humidity, such as equipment corrosion https://www.businesstimes.com.sg/companies-markets/transport-logistics/shipping-traffic-strait-hormuz-slips-below-10-day-average-data-shows Fri, 28 Aug 2026 04:20:58 +0000 Transport & Logistics Companies & Markets /companies-markets/transport-logistics/shipping-traffic-strait-hormuz-slips-below-10-day-average-data-shows Iran and Oman still working on details of an agreement on the waterway https://www.businesstimes.com.sg/companies-markets/national-stock-exchange-australia-eyes-south-east-asia-listings-singapore-capital Fri, 28 Aug 2026 04:05:54 +0000 Jean Low Companies & Markets Capital Markets & Currencies /companies-markets/national-stock-exchange-australia-eyes-south-east-asia-listings-singapore-capital NSX is looking beyond its home market for growth, as private capital puts pressure on public listings globally, says its chief https://www.businesstimes.com.sg/companies-markets/guocoland-h2-net-profit-down-70-s9-8-million Fri, 28 Aug 2026 03:19:41 +0000 Chong Xin Wei Companies & Markets Reits & Property /companies-markets/guocoland-h2-net-profit-down-70-s9-8-million The board has proposed a dividend of S$0.08 a share, to be paid out on Nov 18 https://www.businesstimes.com.sg/companies-markets/advent-stripe-abandon-us50-billion-pursuit-paypal-sources Fri, 28 Aug 2026 03:10:40 +0000 Companies & Markets /companies-markets/advent-stripe-abandon-us50-billion-pursuit-paypal-sources The platform has struggled with modernising its payment technologies as rivals seized market share https://www.businesstimes.com.sg/companies-markets/anthropic-wins-court-challenge-us-supply-chain-risk-label Fri, 28 Aug 2026 03:04:34 +0000 Companies & Markets Startups & Tech Technology /companies-markets/anthropic-wins-court-challenge-us-supply-chain-risk-label Judge finds a ban on the Claude maker’s AI tech for federal agencies to be inadequately justified https://www.businesstimes.com.sg/companies-markets/frencken-shares-end-7-5-lower-after-s100-million-placement Fri, 28 Aug 2026 02:27:26 +0000 Shikhar Gupta Companies & Markets /companies-markets/frencken-shares-end-7-5-lower-after-s100-million-placement The company plans a proposed placement of 44.1 million shares https://www.businesstimes.com.sg/companies-markets/singapore-digital-banks-want-more-just-your-deposits-credit-cards-are-next-battleground Fri, 28 Aug 2026 02:23:03 +0000 Benjamin Cher Companies & Markets Banking & Finance /companies-markets/singapore-digital-banks-want-more-just-your-deposits-credit-cards-are-next-battleground Credit cards give these banks insights into their customers’ spending patterns https://www.businesstimes.com.sg/companies-markets/transport-logistics/aster-marks-third-singapore-deal-changi-airport-fuel-infrastructure-stake Fri, 28 Aug 2026 02:13:53 +0000 Shikhar Gupta Transport & Logistics Companies & Markets Energy & Commodities /companies-markets/transport-logistics/aster-marks-third-singapore-deal-changi-airport-fuel-infrastructure-stake The acquisition follows parent Chandra Asri’s purchases of Cycle & Carriage and Esso’s Singapore petrol stations https://www.businesstimes.com.sg/companies-markets/sk-hynix-weighs-closer-ties-japans-memory-industry Fri, 28 Aug 2026 02:10:50 +0000 Companies & Markets Startups & Tech Technology /companies-markets/sk-hynix-weighs-closer-ties-japans-memory-industry It is exploring ways to deepen cooperation with Japanese customers and suppliers in the sector https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-slips-us-fed-chairs-jackson-hole-speech-looms Fri, 28 Aug 2026 00:46:52 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/gold-slips-us-fed-chairs-jackson-hole-speech-looms The case for Warsh to lean hawkish is greater than the case for him not to https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/price-liquidity-too-high-some-us-private-credit-investors-prefer-be-trapped-over-26-loss Fri, 28 Aug 2026 00:29:44 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/price-liquidity-too-high-some-us-private-credit-investors-prefer-be-trapped-over-26-loss Limited appetite to exit suggests investors may be making peace with lower-than-promised returns https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/stocks-watch-frencken-seatrium Fri, 28 Aug 2026 00:24:50 +0000 Shikhar Gupta Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/stocks-watch-frencken-seatrium [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Aug 28): https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/asian-shares-rise-treasuries-steady-us-fed-chairs-policy-speech-kospi-down-1-3 Fri, 28 Aug 2026 00:09:58 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/asian-shares-rise-treasuries-steady-us-fed-chairs-policy-speech-kospi-down-1-3 Traders reluctant to add to positions before Warsh’s Jackson Hole speech https://www.businesstimes.com.sg/companies-markets/radiant-world-and-its-founder-sued-singapore-us34-million Thu, 27 Aug 2026 22:57:23 +0000 Companies & Markets /companies-markets/radiant-world-and-its-founder-sued-singapore-us34-million The case is listed as ‘tort of deceit conspiracy by unlawful means’ https://www.businesstimes.com.sg/international/hormuz-oil-flows-rise-gulf-producers-boost-volumes-keeping-prices-check Thu, 27 Aug 2026 22:48:39 +0000 International Companies & Markets Energy & Commodities /international/hormuz-oil-flows-rise-gulf-producers-boost-volumes-keeping-prices-check Every major regional supplier bar Iran is now selling barrels for collection outside the strait https://www.businesstimes.com.sg/international/global/nvidia-adds-us442-billion-after-robust-forecast-sparks-second-biggest-stock-surge-ever Thu, 27 Aug 2026 22:27:13 +0000 Global Companies & Markets International Telcos, Media & Tech /international/global/nvidia-adds-us442-billion-after-robust-forecast-sparks-second-biggest-stock-surge-ever Nvidia said that revenue will expand about 70 per cent next fiscal year https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-track-weekly-loss-even-iran-tensions-simmer Thu, 27 Aug 2026 22:17:33 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/oil-track-weekly-loss-even-iran-tensions-simmer Trump not interested in returning to previous deal terms with Iran, says Wall Street Journal https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-nasdaq-sp-500-lifted-nvidias-forecast-investors-eye-speech-us-feds-warsh Thu, 27 Aug 2026 22:15:11 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/us-stocks-nasdaq-sp-500-lifted-nvidias-forecast-investors-eye-speech-us-feds-warsh Nvidia’s blowout quarter eases AI demand concerns https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-stocks-drop-political-worries-weigh-french-banks Thu, 27 Aug 2026 22:08:54 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/european-stocks-drop-political-worries-weigh-french-banks The Stoxx Europe 600 is down 0.7% by the close https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/meta-took-aim-anthropic-its-also-one-ai-firms-largest-customers Thu, 27 Aug 2026 21:30:00 +0000 Telcos, Media & Tech Companies & Markets Startups & Tech Technology /companies-markets/telcos-media-tech/meta-took-aim-anthropic-its-also-one-ai-firms-largest-customers The situation illustrates the friend-foe relationships underlying the artificial intelligence race https://www.businesstimes.com.sg/companies-markets/frencken-proposes-s100-million-placement-fund-expansion-potential-m Thu, 27 Aug 2026 14:24:04 +0000 Young Zhan Heng Companies & Markets Telcos, Media & Tech /companies-markets/frencken-proposes-s100-million-placement-fund-expansion-potential-m It wants to beef up its mechatronics and advanced plastic solutions divisions https://www.businesstimes.com.sg/companies-markets/nasdaq-leads-wall-st-after-nvidia-quells-ai-fears Thu, 27 Aug 2026 13:45:22 +0000 Companies & Markets International /companies-markets/nasdaq-leads-wall-st-after-nvidia-quells-ai-fears [NEW YORK] Wall Street’s main indexes opened higher on Thursday (Aug 27), boosted by gains in technology stocks after chip giant Nvidia’s... https://www.businesstimes.com.sg/companies-markets/banking-finance/dollar-recoups-some-losses-focus-shifts-fed-remarks-jackson-hole Thu, 27 Aug 2026 12:32:04 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/dollar-recoups-some-losses-focus-shifts-fed-remarks-jackson-hole [LONDON] The US dollar showed signs of recovering some of last week’s losses on Thursday (Aug 27), as investors awaited signals on... https://www.businesstimes.com.sg/companies-markets/singapore-shares-fall-thursday-sti-down-0-7 Thu, 27 Aug 2026 10:15:34 +0000 Companies & Markets /companies-markets/singapore-shares-fall-thursday-sti-down-0-7 Venture Corp leads the gainers on the blue-chip index https://www.businesstimes.com.sg/companies-markets/singapore-plays-premium-data-centre-game-johor-batam-take-scale Thu, 27 Aug 2026 10:09:01 +0000 Young Zhan Heng Companies & Markets Telcos, Media & Tech /companies-markets/singapore-plays-premium-data-centre-game-johor-batam-take-scale With land and power at a premium, the Republic homes in on workloads with stronger reasons to be hosted on its shores https://www.businesstimes.com.sg/companies-markets/seatrium-petrobras-eye-potential-natural-gas-collaboration-meet-growing-asian-demand Thu, 27 Aug 2026 09:13:08 +0000 Benicia Tan Companies & Markets /companies-markets/seatrium-petrobras-eye-potential-natural-gas-collaboration-meet-growing-asian-demand They are exploring new ventures just as two major oil vessels set sail for Brazil’s Buzios oil field https://www.businesstimes.com.sg/companies-markets/banking-finance/maybank-q2-profit-2-4-lower-impairment-higher-non-interest-income Thu, 27 Aug 2026 06:51:51 +0000 Shikhar Gupta Banking & Finance Companies & Markets Global International /companies-markets/banking-finance/maybank-q2-profit-2-4-lower-impairment-higher-non-interest-income It declares a single-tier first interim dividend of RM0.31 a share for the financial year ending Dec 31 https://www.businesstimes.com.sg/startups-tech/technology/singapore-based-apex-logistics-fully-cooperating-us-probe-alleged-smuggling-nvidia-chips Thu, 27 Aug 2026 06:12:43 +0000 Technology Companies & Markets Startups & Tech /startups-tech/technology/singapore-based-apex-logistics-fully-cooperating-us-probe-alleged-smuggling-nvidia-chips The news comes as US President Donald Trump’s administration turns up the ante on transhipment https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/softbank-talks-buy-stake-humanoid-developer-1x-us6-billion-valuation-report Thu, 27 Aug 2026 04:41:36 +0000 Telcos, Media & Tech Companies & Markets Startups & Tech /companies-markets/telcos-media-tech/softbank-talks-buy-stake-humanoid-developer-1x-us6-billion-valuation-report The 1X deal builds on SoftBank’s broader push into robotics https://www.businesstimes.com.sg/companies-markets/banking-finance/hsbc-mulls-restructuring-singapore-units-simplify-operations Thu, 27 Aug 2026 04:19:42 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/hsbc-mulls-restructuring-singapore-units-simplify-operations This will bring the lender’s local wholesale, retail and private banking operations under one roof https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/sheins-hong-kong-ipo-pricing-values-company-us26-5b-say-sources Thu, 27 Aug 2026 03:20:42 +0000 Consumer & Healthcare Companies & Markets /companies-markets/consumer-healthcare/sheins-hong-kong-ipo-pricing-values-company-us26-5b-say-sources Demand from retail investors for the retailer’s stock has not been overly strong: analyst https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/asian-stocks-rise-nvidia-earnings-forecast-beats-estimates-south-koreas-kospi-gains Thu, 27 Aug 2026 02:44:55 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/asian-stocks-rise-nvidia-earnings-forecast-beats-estimates-south-koreas-kospi-gains MSCI’s broadest index of Asia-Pacific shares excluding Japan climbs 0.7% https://www.businesstimes.com.sg/startups-tech/nvidia-discussed-buying-ai-startup-hugging-face-report Thu, 27 Aug 2026 01:52:03 +0000 Startups & Tech Companies & Markets International /startups-tech/nvidia-discussed-buying-ai-startup-hugging-face-report The deal could potentially value the firm at over US$13 billion https://www.businesstimes.com.sg/opinion-features/singapore-airlines-faces-some-bleak-choices-it-lies-trapped-air-indias-money-pit Thu, 27 Aug 2026 01:50:39 +0000 Jude Chan Opinion & Features Columns Companies & Markets /opinion-features/singapore-airlines-faces-some-bleak-choices-it-lies-trapped-air-indias-money-pit Should SIA just cut its losses and walk away from Air India? https://www.businesstimes.com.sg/companies-markets/banking-finance/bank-korea-delivers-back-back-rate-hike-curb-inflation-risks Thu, 27 Aug 2026 01:38:15 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/bank-korea-delivers-back-back-rate-hike-curb-inflation-risks The central bank last raised rates at consecutive meetings in early 2023 https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-drifts-higher-investors-weigh-fed-rate-path Thu, 27 Aug 2026 01:32:54 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/gold-drifts-higher-investors-weigh-fed-rate-path The US dollar-debasement narrative remains supportive of the metal in the medium term https://www.businesstimes.com.sg/companies-markets/banking-finance/economists-see-rba-rate-hike-early-september-after-hot-cpi Thu, 27 Aug 2026 01:21:16 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/economists-see-rba-rate-hike-early-september-after-hot-cpi The country’s sluggish productivity for over a decade has lowered the economy’s potential growth rate https://www.businesstimes.com.sg/companies-markets/banking-finance/uob-prices-landmark-us1-2-billion-dual-tranche-euro-covered-bond-offering Thu, 27 Aug 2026 01:01:13 +0000 Shikhar Gupta Banking & Finance Companies & Markets /companies-markets/banking-finance/uob-prices-landmark-us1-2-billion-dual-tranche-euro-covered-bond-offering This is the first such offering by an Asian issuer, says bank https://www.businesstimes.com.sg/companies-markets/singapore-police-raid-radiant-world-office-probe-widens Thu, 27 Aug 2026 00:55:01 +0000 Companies & Markets Singapore /companies-markets/singapore-police-raid-radiant-world-office-probe-widens The US Justice Department and Commodity Futures Trading Commission are also scrutinising transactions into the company and its creditors https://www.businesstimes.com.sg/companies-markets/banking-finance/us-feds-cook-denies-wrongdoing-trump-renews-bid-fire-her Thu, 27 Aug 2026 00:45:17 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/us-feds-cook-denies-wrongdoing-trump-renews-bid-fire-her The latest letter from the White House earlier this month repeats fraud accusations made more than a year ago https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/stocks-watch-uob-st-engineering-sembcorp-thomson-medical Thu, 27 Aug 2026 00:31:20 +0000 Shikhar Gupta Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/stocks-watch-uob-st-engineering-sembcorp-thomson-medical [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Aug 27): https://www.businesstimes.com.sg/companies-markets/sembcorps-indian-renewables-unit-files-draft-ipo-papers Thu, 27 Aug 2026 00:13:33 +0000 Shikhar Gupta Companies & Markets /companies-markets/sembcorps-indian-renewables-unit-files-draft-ipo-papers The initial public offering seeks to raise US$390 million https://www.businesstimes.com.sg/international/judge-dismisses-lawsuit-elon-musks-x-challenging-new-york-hate-speech-law Thu, 27 Aug 2026 00:06:13 +0000 International Companies & Markets Startups & Tech Technology /international/judge-dismisses-lawsuit-elon-musks-x-challenging-new-york-hate-speech-law The platform’s claim that the act violates the US Constitution’s First Amendment gets rejected https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/hps-decline-pc-shipments-overshadows-strong-results-shares-fall Thu, 27 Aug 2026 00:00:01 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/hps-decline-pc-shipments-overshadows-strong-results-shares-fall Strong demand for AI-optimised PCs boosted its Q3 revenue https://www.businesstimes.com.sg/companies-markets/banking-finance/prudential-posts-8-rise-first-half-new-business-profit-expands-share-buyback Wed, 26 Aug 2026 23:38:57 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/prudential-posts-8-rise-first-half-new-business-profit-expands-share-buyback It increased its 2026 share repurchase programme by US$300 million to US$1.5 billion https://www.businesstimes.com.sg/international/trump-says-he-signed-proclamation-address-unreasonably-high-beef-prices Wed, 26 Aug 2026 23:23:01 +0000 International Companies & Markets Energy & Commodities /international/trump-says-he-signed-proclamation-address-unreasonably-high-beef-prices Drought and wildfires have pushed cattle supplies to a 75-year low https://www.businesstimes.com.sg/companies-markets/transport-logistics/qantas-full-year-profit-falls-14 Wed, 26 Aug 2026 23:03:24 +0000 Transport & Logistics Companies & Markets /companies-markets/transport-logistics/qantas-full-year-profit-falls-14 Jet fuel prices, which has more than doubled, has affected the carrier’s margins https://www.businesstimes.com.sg/international/us-diesel-supplies-hit-record-low-demand-season-looms Wed, 26 Aug 2026 22:50:34 +0000 International Companies & Markets Energy & Commodities /international/us-diesel-supplies-hit-record-low-demand-season-looms This may further lift global fuel prices as heating and agricultural seasons begin https://www.businesstimes.com.sg/startups-tech/technology/openai-agents-hacked-hugging-face-700-strong-swarm-tried-cover-tracks-investigations-find Wed, 26 Aug 2026 22:44:56 +0000 Technology Companies & Markets Startups & Tech /startups-tech/technology/openai-agents-hacked-hugging-face-700-strong-swarm-tried-cover-tracks-investigations-find This could add fuel to calls for tighter oversight https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/nvidia-forecasts-quarterly-revenue-above-estimates-shares-rise Wed, 26 Aug 2026 22:36:35 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/nvidia-forecasts-quarterly-revenue-above-estimates-shares-rise It also announced an expansion of its partnership with Amazon’s cloud computing unit, Amazon Web Services https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-prices-extend-losses-expectations-talks-will-ease-middle-east-supply-woes Wed, 26 Aug 2026 22:13:42 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/oil-prices-extend-losses-expectations-talks-will-ease-middle-east-supply-woes Brent crude futures are down 0.7% at US$87.24 a barrel by 0004 GMT https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-muted-investors-assess-iran-oman-talks-us-inflation Wed, 26 Aug 2026 21:56:17 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/european-shares-muted-investors-assess-iran-oman-talks-us-inflation EUROPEAN shares were muted on Wednesday (Aug 26), as investors assessed talks involving Iran and Oman over the Strait of Hormuz, while sticky... https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-wall-street-stocks-end-tad-lower-after-hot-inflation-data-ahead-nvidia-earnings Wed, 26 Aug 2026 21:46:40 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/us-stocks-wall-street-stocks-end-tad-lower-after-hot-inflation-data-ahead-nvidia-earnings Annual US inflation increased 3.7% in the 12 months through July https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/meta-pay-us16-7-billion-social-media-case Wed, 26 Aug 2026 15:28:52 +0000 Telcos, Media & Tech Companies & Markets International /companies-markets/telcos-media-tech/meta-pay-us16-7-billion-social-media-case [WASHINGTON] Meta Platforms has agreed to pay up to US$16.7 billion to settle a landmark social media case with multiple US states,... https://www.businesstimes.com.sg/companies-markets/samsung-ordered-pay-swatch-us11-6-million-over-copied-smartwatch-apps Wed, 26 Aug 2026 15:15:00 +0000 Companies & Markets International /companies-markets/samsung-ordered-pay-swatch-us11-6-million-over-copied-smartwatch-apps The Swiss watchmaker sought about US$170 million from the Korean technology giant https://www.businesstimes.com.sg/companies-markets/wall-st-slips-open-after-inflation-data-nvidia-focus Wed, 26 Aug 2026 13:44:05 +0000 Companies & Markets International /companies-markets/wall-st-slips-open-after-inflation-data-nvidia-focus [NEW YORK] Wall Street’s main indexes opened lower on Wednesday (Aug 26) after hotter-than-expected inflation data reinforced bets on another quarter-point Federal... https://www.businesstimes.com.sg/companies-markets/owner-indonesian-coal-mining-giant-bayan-talks-sale Wed, 26 Aug 2026 12:46:28 +0000 Companies & Markets /companies-markets/owner-indonesian-coal-mining-giant-bayan-talks-sale Billionaire Low Tuck Kwong – who owns 40 per cent of Bayan – is said to be negotiating with potential buyers https://www.businesstimes.com.sg/companies-markets/banking-finance/greenback-nudges-higher-ahead-us-inflation-data-aussie-gains-rate-bets Wed, 26 Aug 2026 12:41:00 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/greenback-nudges-higher-ahead-us-inflation-data-aussie-gains-rate-bets [LONDON/SINGAPORE] The dollar edged higher but remained range-bound against major peers on Wednesday (Aug 26) as investors awaited US inflation data that... https://www.businesstimes.com.sg/companies-markets/thomson-medical-narrows-h2-net-loss-s19-5-million-lower-goodwill-impairment-finance-costs Wed, 26 Aug 2026 11:13:08 +0000 Chloe Lim Companies & Markets Consumer & Healthcare /companies-markets/thomson-medical-narrows-h2-net-loss-s19-5-million-lower-goodwill-impairment-finance-costs The group’s loss per share has improved to S$0.00074, from S$0.00131 a year earlier https://www.businesstimes.com.sg/companies-markets/st-engineering-unit-wins-s750-million-contract-taiwan-metro-line Wed, 26 Aug 2026 11:07:32 +0000 Goh Ruoxue Companies & Markets Transport & Logistics /companies-markets/st-engineering-unit-wins-s750-million-contract-taiwan-metro-line Project will commence in Q4 2026, and span seven years https://www.businesstimes.com.sg/singapore/singapore-stocks-fall-wednesday-sti-down-0-2 Wed, 26 Aug 2026 10:07:18 +0000 Singapore Companies & Markets /singapore/singapore-stocks-fall-wednesday-sti-down-0-2 Sembcorp Industries leads the gainers on the blue-chip index https://www.businesstimes.com.sg/companies-markets/singapores-asset-management-ambitions-face-next-test-industry-seeks-speed-and-clarity Wed, 26 Aug 2026 09:31:35 +0000 Tan Nai Lun Companies & Markets Banking & Finance /companies-markets/singapores-asset-management-ambitions-face-next-test-industry-seeks-speed-and-clarity Latest measures are welcomed but questions remain over eligibility, tax treatment and implementation https://www.businesstimes.com.sg/companies-markets/data-centres-expected-add-pressure-singapores-energy-supply-survey Wed, 26 Aug 2026 09:30:00 +0000 Sharanya Pillai Companies & Markets Energy & Commodities International Singapore /companies-markets/data-centres-expected-add-pressure-singapores-energy-supply-survey It also found that the energy industry is optimistic about AI adoption, but faces cost and data quality challenges. https://www.businesstimes.com.sg/companies-markets/ceo-australias-us255-billion-sovereign-wealth-fund-quits Wed, 26 Aug 2026 08:27:17 +0000 Companies & Markets International /companies-markets/ceo-australias-us255-billion-sovereign-wealth-fund-quits [SYDNEY] Australia has embarked on a global search to fill one of its highest-profile investment roles after the longtime head of its... https://www.businesstimes.com.sg/companies-markets/transport-logistics/two-more-close-calls-sydney-airport-add-safety-concerns Wed, 26 Aug 2026 05:23:46 +0000 Transport & Logistics Companies & Markets /companies-markets/transport-logistics/two-more-close-calls-sydney-airport-add-safety-concerns The incidents highlight a persistent shortage of air traffic controllers at Australia’s busiest airport https://www.businesstimes.com.sg/companies-markets/ihh-seeks-larger-fortis-stake-10000-bed-capacity-india-it-expands-global-reach Wed, 26 Aug 2026 05:00:00 +0000 Evan See Companies & Markets Consumer & Healthcare International /companies-markets/ihh-seeks-larger-fortis-stake-10000-bed-capacity-india-it-expands-global-reach Fortis currently has about 6,100 beds across 36 facilities in the country https://www.businesstimes.com.sg/companies-markets/banking-finance/boj-chief-ueda-skip-jackson-hole-shifts-market-focus-g20 Wed, 26 Aug 2026 04:13:56 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/boj-chief-ueda-skip-jackson-hole-shifts-market-focus-g20 A BOJ board member will take his place https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/meta-us-states-have-discussed-settling-teen-social-media-case Wed, 26 Aug 2026 02:23:37 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/meta-us-states-have-discussed-settling-teen-social-media-case META Platforms and state attorneys general have discussed a possible mid-trial settlement of a blockbuster case accusing the company of deliberately designing Facebook... https://www.businesstimes.com.sg/companies-markets/energy-commodities/australias-lynas-posts-sharp-rise-annual-profit-misses-market-estimates Wed, 26 Aug 2026 01:14:55 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/australias-lynas-posts-sharp-rise-annual-profit-misses-market-estimates Demand for rare earths remain strong https://www.businesstimes.com.sg/companies-markets/stocks-watch-singpost-marco-polo-marine-penguin-international Wed, 26 Aug 2026 00:27:50 +0000 Deon Loke Companies & Markets Capital Markets & Currencies /companies-markets/stocks-watch-singpost-marco-polo-marine-penguin-international [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Aug 26): https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/asian-shares-rise-oils-decline-lifts-sentiment Wed, 26 Aug 2026 00:26:18 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/asian-shares-rise-oils-decline-lifts-sentiment Oil’s retreat offers some relief to markets after persistent inflation and elevated yields had weighed on risk appetite https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/jack-ma-buys-alibaba-stock-show-support-ai-buildout Wed, 26 Aug 2026 00:22:23 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/jack-ma-buys-alibaba-stock-show-support-ai-buildout Ma has in recent years played a more active role at supporting the company https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-eases-3-month-high-investors-await-us-inflation-data Wed, 26 Aug 2026 00:10:18 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/gold-eases-3-month-high-investors-await-us-inflation-data Prices climbed to their highest since mid-May on Aug 25