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/capital-markets-currencies/we-are-all-korean-investors-now-why-south-koreas-ai-heavy-market-setting-tone-global-stocks Sun, 19 Jul 2026 02:51:03 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/we-are-all-korean-investors-now-why-south-koreas-ai-heavy-market-setting-tone-global-stocks SK Hynix and Samsung Electronics play a pivotal role in memory chip supply https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/us-judge-wont-block-meta-laying-workers-who-filed-ai-discrimination-lawsuit Sat, 18 Jul 2026 03:31:32 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/us-judge-wont-block-meta-laying-workers-who-filed-ai-discrimination-lawsuit The workers were notified of the layoffs in May https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/meta-anthropic-talks-potential-us10-billion-compute-lease-deal-source Sat, 18 Jul 2026 02:23:11 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/meta-anthropic-talks-potential-us10-billion-compute-lease-deal-source The deal would help Meta diversify its income streams https://www.businesstimes.com.sg/companies-markets/transport-logistics/boeing-keeps-20-year-forecast-jet-demand-steady-shrugs-iran-war-impact Sat, 18 Jul 2026 01:51:33 +0000 Transport & Logistics Companies & Markets /companies-markets/transport-logistics/boeing-keeps-20-year-forecast-jet-demand-steady-shrugs-iran-war-impact Boeing expects air passenger traffic growth of about 2.3% this year https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-settles-renewed-us-iran-hostilities-and-threat-red-sea-closure Sat, 18 Jul 2026 00:23:12 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/oil-settles-renewed-us-iran-hostilities-and-threat-red-sea-closure Both Brent crude futures and US WTI futures were at their highest since mid-June https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/tech-selloff-weighs-european-shares-ahead-ecb-meeting-next-week Sat, 18 Jul 2026 00:00:34 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/tech-selloff-weighs-european-shares-ahead-ecb-meeting-next-week The Stoxx 600 index was largely unchanged for the week https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-wall-street-ends-lower-day-and-week-chip-selloff-broadens Fri, 17 Jul 2026 23:40:45 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/us-stocks-wall-street-ends-lower-day-and-week-chip-selloff-broadens All three major indices closed lower on Friday https://www.businesstimes.com.sg/companies-markets/banking-finance/dollar-steady-set-weekly-drop-fading-us-rate-hike-bets Fri, 17 Jul 2026 12:55:06 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/dollar-steady-set-weekly-drop-fading-us-rate-hike-bets The dollar index was less than 0.1% higher at 100.79 https://www.businesstimes.com.sg/companies-markets/tangible-progress-sia-defends-air-india-investment-response-sias Fri, 17 Jul 2026 11:36:50 +0000 Ranamita Chakraborty Companies & Markets Singapore /companies-markets/tangible-progress-sia-defends-air-india-investment-response-sias The airline group’s replies come ahead of its AGM on Jul 24 https://www.businesstimes.com.sg/companies-markets/transport-logistics/airbus-wins-major-order-air-china-firm-regional-hold Fri, 17 Jul 2026 11:15:40 +0000 Transport & Logistics Companies & Markets International /companies-markets/transport-logistics/airbus-wins-major-order-air-china-firm-regional-hold The deal adds to a series of successful sales campaigns for the European planemaker https://www.businesstimes.com.sg/startups-tech/technology/rising-fees-are-changing-role-south-east-asias-e-commerce-enablers Fri, 17 Jul 2026 10:37:19 +0000 Technology Asean Companies & Markets International Startups & Tech /startups-tech/technology/rising-fees-are-changing-role-south-east-asias-e-commerce-enablers The economics of e-commerce have changed in recent years amid rising marketplace commissions https://www.businesstimes.com.sg/companies-markets/singapore-stocks-fall-friday-local-banks-take-hit-sti-down-0-5 Fri, 17 Jul 2026 10:10:30 +0000 Companies & Markets /companies-markets/singapore-stocks-fall-friday-local-banks-take-hit-sti-down-0-5 Across the broader market, losers outnumber gainers 365 to 226, after 1.2 billion securities worth S$2.1 billion change hands https://www.businesstimes.com.sg/startups-tech/technology/chinese-startup-moonshots-powerful-new-ai-model-closes-gap-us-rivals Fri, 17 Jul 2026 09:30:27 +0000 Technology Companies & Markets International Startups & Tech /startups-tech/technology/chinese-startup-moonshots-powerful-new-ai-model-closes-gap-us-rivals It is said to outperform all competitors except Anthropic’s Claude Fable 5 and OpenAI’s GPT-5.6 https://www.businesstimes.com.sg/companies-markets/japans-nikkei-slides-correction-zone-tech-selloff-middle-east-conflict Fri, 17 Jul 2026 08:20:53 +0000 Companies & Markets International /companies-markets/japans-nikkei-slides-correction-zone-tech-selloff-middle-east-conflict [TOKYO] Japan’s Nikkei tumbled into correction territory on Friday (Jul 17), as a global rout in chipmakers and an escalation in the... https://www.businesstimes.com.sg/companies-markets/banking-finance/philippine-bourse-seeks-boost-retail-trading-new-reforms Fri, 17 Jul 2026 08:02:28 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/philippine-bourse-seeks-boost-retail-trading-new-reforms The aim is to attract retail investors away from online gambling and cryptocurrency trading https://www.businesstimes.com.sg/international/asean/asia-pacific-airlines-2025-revenues-climb-4-3-us223-7-billion-travel-surge Fri, 17 Jul 2026 07:50:21 +0000 Shikhar Gupta Asean Companies & Markets International Transport & Logistics /international/asean/asia-pacific-airlines-2025-revenues-climb-4-3-us223-7-billion-travel-surge Combined net profit hit US$12.1 billion, but rising fuel prices cloud outlook for carriers https://www.businesstimes.com.sg/companies-markets/transport-logistics/volvo-cars-scraps-sales-growth-target-due-slump-china Fri, 17 Jul 2026 07:35:46 +0000 Transport & Logistics Companies & Markets International /companies-markets/transport-logistics/volvo-cars-scraps-sales-growth-target-due-slump-china [STOCKHOLM] Volvo Cars scrapped its target of selling more cars this year due to a sharper-than-expected deterioration in China which cut into... https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/financial-astrology-sti-really-hoping-spain-win-world-cup Fri, 17 Jul 2026 07:09:59 +0000 Shikhar Gupta Capital Markets & Currencies Companies & Markets Lifestyle /companies-markets/capital-markets-currencies/financial-astrology-sti-really-hoping-spain-win-world-cup The index has tended to rally after a European triumph and fall after a South American victory https://www.businesstimes.com.sg/companies-markets/indias-sbi-funds-management-attracts-over-us31-billion-bids-countrys-4th-most-subscribed-ipo Fri, 17 Jul 2026 05:32:50 +0000 Companies & Markets /companies-markets/indias-sbi-funds-management-attracts-over-us31-billion-bids-countrys-4th-most-subscribed-ipo The country’s largest asset manager oversees funds worth 12.5 trillion rupees as at March 2026 https://www.businesstimes.com.sg/companies-markets/frasers-property-industrial-ceo-reini-otter-step-down-and-join-esr-ian-barter-named-interim-leader Fri, 17 Jul 2026 05:01:23 +0000 Deon Loke Companies & Markets New Articles /companies-markets/frasers-property-industrial-ceo-reini-otter-step-down-and-join-esr-ian-barter-named-interim-leader The board has initiated a search process for a permanent chief executive officer https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/truth-social-sell-trading-firms-and-banks-fastest-access-trumps-posts Fri, 17 Jul 2026 04:21:52 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/truth-social-sell-trading-firms-and-banks-fastest-access-trumps-posts The move is TMTG’s first step into data licensing, and opens up a new revenue stream for the company https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/ipos-tiny-foreign-firms-nearly-vanish-us-after-pump-and-dump-crackdown Fri, 17 Jul 2026 02:47:19 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/ipos-tiny-foreign-firms-nearly-vanish-us-after-pump-and-dump-crackdown 2026 sees micro-cap IPOs raise under US$300 million, against US$1.6 billion in 2025 https://www.businesstimes.com.sg/companies-markets/banking-finance/uob-shares-end-2-4-lower-after-months-steady-gains Fri, 17 Jul 2026 02:24:27 +0000 Shikhar Gupta Banking & Finance Companies & Markets /companies-markets/banking-finance/uob-shares-end-2-4-lower-after-months-steady-gains DBS and OCBC also decline, but much more modestly by 0.7% and 0.8%, respectively https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/asian-stocks-slip-after-ai-valuation-fears-spark-wall-street-chip-selloff Fri, 17 Jul 2026 01:25:35 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/asian-stocks-slip-after-ai-valuation-fears-spark-wall-street-chip-selloff MSCI’s Asia-Pacific equities gauge slides 2.1% as Japan’s Nikkei 225 Stock Average loses 4.4% https://www.businesstimes.com.sg/companies-markets/netflix-earnings-forecast-disappoints-wall-street-shares-tumble Fri, 17 Jul 2026 01:09:49 +0000 Companies & Markets /companies-markets/netflix-earnings-forecast-disappoints-wall-street-shares-tumble Firm says it would cut its twice-yearly release of a viewing-hours report to once a year starting in January 2027 https://www.businesstimes.com.sg/companies-markets/stocks-watch-geo-energy-resources Fri, 17 Jul 2026 00:15:43 +0000 Deon Loke Companies & Markets New Articles /companies-markets/stocks-watch-geo-energy-resources [SINGAPORE] The following company saw new developments that may affect trading of its securities on Friday (Jul 17): https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-set-biggest-weekly-drop-early-june-inflation-rate-hike-worries Fri, 17 Jul 2026 00:12:34 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/gold-set-biggest-weekly-drop-early-june-inflation-rate-hike-worries Higher oil prices stoke inflation concerns, raising expectations of elevated interest rates https://www.businesstimes.com.sg/companies-markets/energy-commodities/hin-leongs-us2-6-billion-claim-against-deloitte-struck-out-apex-court Thu, 16 Jul 2026 23:30:00 +0000 Tay Peck Gek Energy & Commodities Companies & Markets Singapore /companies-markets/energy-commodities/hin-leongs-us2-6-billion-claim-against-deloitte-struck-out-apex-court Auditor is not liable for trading losses incurred by company from November 2015 to mid-April 2020 https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-rises-intensifying-us-iran-hostilities-and-threat-red-sea-closure Thu, 16 Jul 2026 22:28:46 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/oil-rises-intensifying-us-iran-hostilities-and-threat-red-sea-closure Iran has told Houthi allies to be prepared to close the Red Sea oil route if the US strikes Iranian power infrastructure https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/wall-street-ends-lower-chip-weakness-offsets-solid-earnings-upbeat-us-economic-data Thu, 16 Jul 2026 22:15:48 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/wall-street-ends-lower-chip-weakness-offsets-solid-earnings-upbeat-us-economic-data The weakness in chips demonstrated the lofty expectations for a sector that has soared by nearly 70% so far in 2026 https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-notch-modest-gains-us-iran-conflict-tempers-earnings-cheer Thu, 16 Jul 2026 21:54:12 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/european-shares-notch-modest-gains-us-iran-conflict-tempers-earnings-cheer Europe headed for strongest earnings season since 2022 https://www.businesstimes.com.sg/companies-markets/geo-energys-new-infrastructure-unit-boost-ebitda-us350-million-annually Thu, 16 Jul 2026 14:37:08 +0000 Ranamita Chakraborty Companies & Markets New Articles /companies-markets/geo-energys-new-infrastructure-unit-boost-ebitda-us350-million-annually Its newly operational Marga Bara Jaya integrated unit marks a new source of earnings beyond coal mining https://www.businesstimes.com.sg/companies-markets/sp-500-nasdaq-open-lower-chip-stocks-weaken Thu, 16 Jul 2026 13:45:22 +0000 Companies & Markets International /companies-markets/sp-500-nasdaq-open-lower-chip-stocks-weaken [NEW YORK] The S&P 500 and the Nasdaq opened lower on Thursday (Jul 15) as chip stocks weakened again, while investors parsed... https://www.businesstimes.com.sg/companies-markets/abbott-raises-2026-profit-forecast-strength-diagnostics-heart-devices Thu, 16 Jul 2026 13:08:41 +0000 Companies & Markets International /companies-markets/abbott-raises-2026-profit-forecast-strength-diagnostics-heart-devices Abbott’s quarterly sales in its medical devices segment grew 9% to US$5.85 billion https://www.businesstimes.com.sg/companies-markets/banking-finance/us-dollar-near-one-month-low-concerns-over-oil-prices-remain-subdued Thu, 16 Jul 2026 12:43:09 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/us-dollar-near-one-month-low-concerns-over-oil-prices-remain-subdued [LONDON] The US dollar hovered near its one-month low on Thursday (Jul 16) as investors weighed subdued US inflation data, which dampened... https://www.businesstimes.com.sg/companies-markets/lazada-shopee-double-down-affiliate-marketing-compete-tiktok-shop-south-east-asia Thu, 16 Jul 2026 11:26:36 +0000 Benjamin Cher Companies & Markets /companies-markets/lazada-shopee-double-down-affiliate-marketing-compete-tiktok-shop-south-east-asia This is also as the e-commerce industry matures, shifting away from a race for scale https://www.businesstimes.com.sg/companies-markets/singapore-stocks-fall-amid-mixed-regional-showing-sti-down-0-4 Thu, 16 Jul 2026 10:54:04 +0000 Companies & Markets Capital Markets & Currencies /companies-markets/singapore-stocks-fall-amid-mixed-regional-showing-sti-down-0-4 Hongkong Land leads the gainers on the blue-chip index https://www.businesstimes.com.sg/companies-markets/singapore-has-no-choice-double-down-trusted-hub-status-amid-us-china-friction-nus-dean Thu, 16 Jul 2026 09:58:14 +0000 Jean Low Companies & Markets New Articles /companies-markets/singapore-has-no-choice-double-down-trusted-hub-status-amid-us-china-friction-nus-dean NUS professor Joseph Liow notes that the Manus episode reflects the wider geopolitical pressures facing S-E Asia https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/google-loses-court-fight-against-us854250-italian-fine-over-gambling-advertising Thu, 16 Jul 2026 09:41:09 +0000 Telcos, Media & Tech Companies & Markets International /companies-markets/telcos-media-tech/google-loses-court-fight-against-us854250-italian-fine-over-gambling-advertising Europe’s top court sided with Italy’s communication authority https://www.businesstimes.com.sg/international/global/chinas-advanced-manufacturing-sector-set-benefit-ai-cycle-bank-singapore Thu, 16 Jul 2026 09:38:29 +0000 Young Zhan Heng Global Companies & Markets International /international/global/chinas-advanced-manufacturing-sector-set-benefit-ai-cycle-bank-singapore Lender expects ‘robust’ growth in AI-related spending to boost electrical machinery and equipment industry https://www.businesstimes.com.sg/international/fewer-vessels-travel-through-hormuz-after-us-resumes-blockade Thu, 16 Jul 2026 08:54:27 +0000 International Companies & Markets Transport & Logistics /international/fewer-vessels-travel-through-hormuz-after-us-resumes-blockade Kpler data shows nine vessels crossing the strait on Jul 15, down from 13 the previous day https://www.businesstimes.com.sg/companies-markets/transport-logistics/iran-war-leaves-crisis-weary-european-airlines-ready-shake-out Thu, 16 Jul 2026 08:35:32 +0000 Transport & Logistics Companies & Markets International /companies-markets/transport-logistics/iran-war-leaves-crisis-weary-european-airlines-ready-shake-out Renewed Middle East volatility has raised fresh doubts over whether weaker carriers can generate enough cash during the summer to survive the... https://www.businesstimes.com.sg/companies-markets/banking-finance/australia-boost-scrutiny-big-four-accounting-firms-after-wave-scandals Thu, 16 Jul 2026 08:04:21 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/australia-boost-scrutiny-big-four-accounting-firms-after-wave-scandals Breaking up the Big Four firms is one option under consideration https://www.businesstimes.com.sg/companies-markets/macquarie-upgrades-sti-12-month-target-6000-names-its-top-picks Thu, 16 Jul 2026 05:39:13 +0000 Deon Loke Companies & Markets Capital Markets & Currencies /companies-markets/macquarie-upgrades-sti-12-month-target-6000-names-its-top-picks These include UOB, OCBC and Jardine Matheson https://www.businesstimes.com.sg/companies-markets/energy-commodities/asian-lng-prices-hit-highest-march-us-iran-hostilities-disrupt-hormuz-shipping Thu, 16 Jul 2026 05:39:10 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/asian-lng-prices-hit-highest-march-us-iran-hostilities-disrupt-hormuz-shipping A prolonged disruption would keep LNG supplies tight, particularly for Asia, where buyers rely heavily on Qatari cargoes https://www.businesstimes.com.sg/international/asean/coal-dominance-fiscal-constraints-temper-south-east-asias-clean-energy-boom Thu, 16 Jul 2026 05:00:00 +0000 Sharanya Pillai Asean Companies & Markets Energy & Commodities ESG International /international/asean/coal-dominance-fiscal-constraints-temper-south-east-asias-clean-energy-boom But there is also interest in ‘coal flexibility’ schemes, where coal plants complement renewable sources https://www.businesstimes.com.sg/companies-markets/reits-property/quiet-market-low-offers-mlt-defends-slow-pace-s1-billion-divestment-plan Thu, 16 Jul 2026 04:54:01 +0000 Shikhar Gupta Reits & Property Companies & Markets /companies-markets/reits-property/quiet-market-low-offers-mlt-defends-slow-pace-s1-billion-divestment-plan Investors want the Reit to cut losses and accelerate exits in China, but its manager says it will not panic sell https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/tsmc-invest-another-us100-billion-us-q2-profit-blows-past-forecasts Thu, 16 Jul 2026 03:28:24 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/tsmc-invest-another-us100-billion-us-q2-profit-blows-past-forecasts TSMC also raised its forecast for capital spending by up to 14% for this year https://www.businesstimes.com.sg/companies-markets/shut-out-chinas-mega-cxmt-ipo-global-investors-hunt-creative-backdoors Thu, 16 Jul 2026 02:57:05 +0000 Companies & Markets /companies-markets/shut-out-chinas-mega-cxmt-ipo-global-investors-hunt-creative-backdoors Many overseas investors are instead piling into brokers and even crypto derivatives tied to the blockbuster listing  https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/south-korea-halt-new-listings-single-stock-leveraged-etfs Thu, 16 Jul 2026 02:08:26 +0000 Capital Markets & Currencies Companies & Markets International /companies-markets/capital-markets-currencies/south-korea-halt-new-listings-single-stock-leveraged-etfs The ban will remain until market conditions stabilise, says the Financial Services Commission on Jul 16 https://www.businesstimes.com.sg/companies-markets/reits-property/blackstone-backed-airtrunk-eyes-september-october-launch-us1-5-billion-singapore-reit-ipo-sources Thu, 16 Jul 2026 02:03:18 +0000 Reits & Property Companies & Markets /companies-markets/reits-property/blackstone-backed-airtrunk-eyes-september-october-launch-us1-5-billion-singapore-reit-ipo-sources Timing, size of the deal could change, depending on market conditions https://www.businesstimes.com.sg/companies-markets/banking-finance/bank-korea-hikes-rates-first-time-3-5-years-curb-inflation-and-won-slump Thu, 16 Jul 2026 01:28:22 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/bank-korea-hikes-rates-first-time-3-5-years-curb-inflation-and-won-slump It says the economic growth rate for South Korea is expected to ‘considerably exceed’ the bank’s May forecast of 2.6% https://www.businesstimes.com.sg/companies-markets/transport-logistics/united-airlines-warns-nearly-us6-billion-fuel-hit-oil-price-surge-weighs-outlook Thu, 16 Jul 2026 01:11:56 +0000 Transport & Logistics Companies & Markets /companies-markets/transport-logistics/united-airlines-warns-nearly-us6-billion-fuel-hit-oil-price-surge-weighs-outlook It priced Q2 adjusted earnings of US$1.99 per share, topping analysts’ estimate of US$1.88 https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/sk-hynix-falls-8-4-asian-equities-retreat-chip-sell-revived-ai-trade-concerns Thu, 16 Jul 2026 00:57:20 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/sk-hynix-falls-8-4-asian-equities-retreat-chip-sell-revived-ai-trade-concerns Investors assess whether strong earnings can sustain the AI rally after sharp swings in semiconductor stocks https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-steadies-soft-us-inflation-iran-war-risks-cloud-us-fed-rate-outlook Thu, 16 Jul 2026 00:30:40 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/gold-steadies-soft-us-inflation-iran-war-risks-cloud-us-fed-rate-outlook Trump has pledged to intensify bombardment until Teheran stops attacking ships and opens Hormuz https://www.businesstimes.com.sg/companies-markets/stocks-watch-sia-frasers-property-comfortdelgro-clar-lum-chang-creations Thu, 16 Jul 2026 00:29:06 +0000 Deon Loke Chloe Lim Companies & Markets Capital Markets & Currencies /companies-markets/stocks-watch-sia-frasers-property-comfortdelgro-clar-lum-chang-creations [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jul 16): https://www.businesstimes.com.sg/companies-markets/uobkh-lifts-lum-chang-creations-target-price-mainboard-transfer-order-wins Thu, 16 Jul 2026 00:27:26 +0000 Shikhar Gupta Companies & Markets /companies-markets/uobkh-lifts-lum-chang-creations-target-price-mainboard-transfer-order-wins The brokerage maintains a ‘buy’ with a higher target price of S$0.51 https://www.businesstimes.com.sg/companies-markets/banking-finance/fed-chair-warsh-sticks-policy-silence-colleagues-voice-their-views Thu, 16 Jul 2026 00:25:23 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/fed-chair-warsh-sticks-policy-silence-colleagues-voice-their-views US Federal Reserve policymakers will next meet in less than two weeks https://www.businesstimes.com.sg/international/global/spacex-shares-briefly-slip-below-ipo-price-first-time-blistering-rally-unravels Thu, 16 Jul 2026 00:06:35 +0000 Global Companies & Markets International /international/global/spacex-shares-briefly-slip-below-ipo-price-first-time-blistering-rally-unravels It was the fourth consecutive day of declines for the stock https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/gold-ai-and-more-five-key-questions-investors-minds-h2-2026-answered Thu, 16 Jul 2026 00:00:00 +0000 Chloe Lim Capital Markets & Currencies Companies & Markets Wealth Wealth & Investing /companies-markets/capital-markets-currencies/gold-ai-and-more-five-key-questions-investors-minds-h2-2026-answered Asia equities still have a strong growth story due to ‘reasonable’ valuations, experts say https://www.businesstimes.com.sg/companies-markets/banking-finance/stripe-advent-offer-buy-paypal-more-us53-billion-sources-say Wed, 15 Jul 2026 23:18:00 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/stripe-advent-offer-buy-paypal-more-us53-billion-sources-say The acquisition would create one of the world’s largest global online payments companies https://www.businesstimes.com.sg/companies-markets/banking-finance/blackrock-assets-hit-record-us15-trillion-boost-buoyant-markets-etf-inflows Wed, 15 Jul 2026 22:58:04 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/blackrock-assets-hit-record-us15-trillion-boost-buoyant-markets-etf-inflows It has increased its planned share buybacks in 2026 to US$2 billion from US$1.8 billion https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-steadies-after-gains-hormuz-ship-attacks-threaten-supply Wed, 15 Jul 2026 22:36:54 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/oil-steadies-after-gains-hormuz-ship-attacks-threaten-supply Crude has soared to its highest in about a month, as escalations in the Iran war revive concerns over flows from the... https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-eke-out-slim-gains-luxury-rebound-even-war-risks-persist Wed, 15 Jul 2026 22:21:35 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/european-shares-eke-out-slim-gains-luxury-rebound-even-war-risks-persist The Stoxx 600 has gained just 0.27% so far this week https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-wall-street-ends-higher-cool-inflation-data-strong-earnings Wed, 15 Jul 2026 21:55:34 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/us-stocks-wall-street-ends-higher-cool-inflation-data-strong-earnings Data suggests that US inflation took a step in the right direction last month https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/apple-gets-approval-iphone-ai-china-alibaba-baidu Wed, 15 Jul 2026 14:54:23 +0000 Telcos, Media & Tech Companies & Markets International /companies-markets/telcos-media-tech/apple-gets-approval-iphone-ai-china-alibaba-baidu The approval gives it a boost in the world’s most competitive smartphone market https://www.businesstimes.com.sg/companies-markets/wall-st-opens-higher-investors-weigh-earnings Wed, 15 Jul 2026 13:58:56 +0000 Companies & Markets International /companies-markets/wall-st-opens-higher-investors-weigh-earnings [NEW YORK] Wall Street’s main indexes opened higher on Wednesday (Jul 15), as investors weighed softer-than-expected producer inflation data and a flurry... https://www.businesstimes.com.sg/companies-markets/bt-senior-correspondent-ben-paul-wins-singapore-press-club-finance-journalism-award Wed, 15 Jul 2026 13:30:00 +0000 Meera Pathmanathan Companies & Markets Events & Awards /companies-markets/bt-senior-correspondent-ben-paul-wins-singapore-press-club-finance-journalism-award The veteran journalist is ‘one of Singapore’s best-known financial commentators’ https://www.businesstimes.com.sg/companies-markets/banking-finance/greenback-steadies-middle-east-escalation-counters-soft-us-inflation Wed, 15 Jul 2026 13:06:46 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/greenback-steadies-middle-east-escalation-counters-soft-us-inflation [LONDON] The greenback was steady on Wednesday (Jul 15) as investors balanced renewed US strikes on Iran against softer-than-expected inflation data that... https://www.businesstimes.com.sg/companies-markets/morgan-stanley-profit-rises-dealmaking-boost Wed, 15 Jul 2026 12:56:29 +0000 Companies & Markets International /companies-markets/morgan-stanley-profit-rises-dealmaking-boost Performance was driven by strong mergers and acquisitions activity https://www.businesstimes.com.sg/companies-markets/reits-property/capitaland-ascendas-reit-divest-kim-chuan-telecommunications-complex-more-twice-its-acquisition Wed, 15 Jul 2026 12:47:19 +0000 Ranamita Chakraborty Reits & Property Companies & Markets /companies-markets/reits-property/capitaland-ascendas-reit-divest-kim-chuan-telecommunications-complex-more-twice-its-acquisition The sale to an unrelated third party is for a consideration of about S$200.4 million https://www.businesstimes.com.sg/singapore/sia-groups-june-passenger-traffic-rises-4-1-robust-travel-demand Wed, 15 Jul 2026 11:21:46 +0000 Ranamita Chakraborty Singapore Companies & Markets /singapore/sia-groups-june-passenger-traffic-rises-4-1-robust-travel-demand Overall cargo loads increase 5.1% year on year despite a 2.3% decline in cargo capacity https://www.businesstimes.com.sg/companies-markets/comfortdelgro-appoints-yap-chee-khean-newly-created-group-coo-role Wed, 15 Jul 2026 10:56:36 +0000 Chloe Lim Companies & Markets Transport & Logistics /companies-markets/comfortdelgro-appoints-yap-chee-khean-newly-created-group-coo-role Establishing the position is part of the transport company’s global strategy https://www.businesstimes.com.sg/companies-markets/singapore-shares-rise-sti-hits-record-close-above-5500 Wed, 15 Jul 2026 10:45:08 +0000 Companies & Markets Capital Markets & Currencies /companies-markets/singapore-shares-rise-sti-hits-record-close-above-5500 The blue-chip index is up 1.2%, with Hongkong Land leading the gainers https://www.businesstimes.com.sg/companies-markets/changi-airport-group-awards-contract-new-office-development-terminal-3 Wed, 15 Jul 2026 10:15:00 +0000 Chloe Lim Companies & Markets /companies-markets/changi-airport-group-awards-contract-new-office-development-terminal-3 The standalone block will provide about 9,600 sq m of workspace to meet growing demand for such facilities https://www.businesstimes.com.sg/international/china-turns-electric-taxis-soften-hormuz-oil-shock Wed, 15 Jul 2026 06:48:48 +0000 International Companies & Markets Energy & Commodities Transport & Logistics /international/china-turns-electric-taxis-soften-hormuz-oil-shock Taxi usage and ridesharing are booming across Chinese cities, with trips up 6% since the Iran war https://www.businesstimes.com.sg/companies-markets/transport-logistics/ng-chee-khern-succeed-edmund-cheng-caas-chairman-aug-1 Wed, 15 Jul 2026 05:51:23 +0000 Shikhar Gupta Transport & Logistics Companies & Markets /companies-markets/transport-logistics/ng-chee-khern-succeed-edmund-cheng-caas-chairman-aug-1 Ng is currently director and CEO of Iseas-Yusof Ishak Institute https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/intel-turns-next-generation-asml-tool-help-make-its-laptop-chips Wed, 15 Jul 2026 05:36:21 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/intel-turns-next-generation-asml-tool-help-make-its-laptop-chips The high numerical aperture equipment costs around US$400 million https://www.businesstimes.com.sg/international/asean/malaysia-says-higher-energy-prices-will-support-subsidy-spending Wed, 15 Jul 2026 04:46:42 +0000 Asean Companies & Markets Energy & Commodities International New Articles /international/asean/malaysia-says-higher-energy-prices-will-support-subsidy-spending The government could spend up to RM40 billion (US$9.83 billion) on fuel subsidies this year https://www.businesstimes.com.sg/startups-tech/technology/chinas-deepseek-raise-fresh-capital-us74-billion-valuation-ahead-onshore-ipo Wed, 15 Jul 2026 03:57:19 +0000 Technology Capital Markets & Currencies Companies & Markets Startups & Tech /startups-tech/technology/chinas-deepseek-raise-fresh-capital-us74-billion-valuation-ahead-onshore-ipo The AI startup has started early deliberations for a potential listing on Shanghai’s Star Market, sources say https://www.businesstimes.com.sg/companies-markets/banking-finance/citi-shares-drop-ceo-fraser-plans-deeper-job-cuts-year Wed, 15 Jul 2026 03:43:30 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/citi-shares-drop-ceo-fraser-plans-deeper-job-cuts-year The bank’s headcount fell by 5,000 in the past three months to 219,000 https://www.businesstimes.com.sg/companies-markets/energy-commodities/china-slashes-june-oil-refining-volumes-six-year-low-crude-imports-collapse Wed, 15 Jul 2026 03:11:48 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/china-slashes-june-oil-refining-volumes-six-year-low-crude-imports-collapse Processing volumes fall 18% year on year to 51.24 million tonnes – the lowest since March 2020 https://www.businesstimes.com.sg/esg/energy-new-water-says-climate-ambassador-ravi-menon Wed, 15 Jul 2026 03:00:00 +0000 Janice Lim ESG Companies & Markets Energy & Commodities /esg/energy-new-water-says-climate-ambassador-ravi-menon Asean needs to come up with policy responses that allow for it to be traded in a way that all parties benefit https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/asian-stocks-rise-drop-us-inflation-rate-south-koreas-kospi-7 Wed, 15 Jul 2026 02:37:48 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/asian-stocks-rise-drop-us-inflation-rate-south-koreas-kospi-7 The index’s surge comes ahead of the next test for the AI rally, with earnings due at ASML https://www.businesstimes.com.sg/companies-markets/transport-logistics/misuse-driver-assistance-systems-biggest-risk-road-safety-survey Wed, 15 Jul 2026 02:21:06 +0000 Transport & Logistics Companies & Markets /companies-markets/transport-logistics/misuse-driver-assistance-systems-biggest-risk-road-safety-survey [MILAN/STOCKHOLM] Motorists’ misuse of driver-assistance technology and drivers being distracted by in-vehicle features, rather than mechanical problems, are the biggest risks for... https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-slips-oil-rally-keeps-inflation-rate-outlook-investors-radar Wed, 15 Jul 2026 02:17:22 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/gold-slips-oil-rally-keeps-inflation-rate-outlook-investors-radar Spot gold slips 0.6% to US$4,028.43 per ounce as at 0443 GMT https://www.businesstimes.com.sg/companies-markets/dbs-targets-s1-trillion-aum-2030-it-steps-ai-hiring-push Wed, 15 Jul 2026 02:00:00 +0000 Tan Nai Lun Companies & Markets Banking & Finance /companies-markets/dbs-targets-s1-trillion-aum-2030-it-steps-ai-hiring-push The bank plans to hire 600 more front-line advisers and platform engineers by end-2028 https://www.businesstimes.com.sg/companies-markets/banking-finance/kurodas-negative-rate-surprise-shocked-his-own-boj-board-minutes-show Wed, 15 Jul 2026 01:28:01 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/kurodas-negative-rate-surprise-shocked-his-own-boj-board-minutes-show Dissenters heaped concern over the former central bank chief’s proposal to charge a 0.1% interest on a portion of financial institutions’ deposits https://www.businesstimes.com.sg/international/uk-plans-default-midnight-social-media-curfew-16-and-17-year-olds Wed, 15 Jul 2026 00:54:35 +0000 International Companies & Markets Telcos, Media & Tech /international/uk-plans-default-midnight-social-media-curfew-16-and-17-year-olds The new measures are expected to come into force in spring 2027 https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/stocks-watch-addvalue-technologies-coliwoo-elite-uk-reit-foundation-healthcare Wed, 15 Jul 2026 00:32:01 +0000 Chloe Lim Shikhar Gupta Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/stocks-watch-addvalue-technologies-coliwoo-elite-uk-reit-foundation-healthcare [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Jul 15): https://www.businesstimes.com.sg/companies-markets/banking-finance/wells-fargo-beats-profit-trading-boom-loan-growth Wed, 15 Jul 2026 00:09:27 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/wells-fargo-beats-profit-trading-boom-loan-growth The bank is expanding its credit card and auto businesses https://www.businesstimes.com.sg/companies-markets/banking-finance/citi-shares-fall-investor-worry-over-expenses-overshadows-second-quarter-profit-beat Tue, 14 Jul 2026 23:54:38 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/citi-shares-fall-investor-worry-over-expenses-overshadows-second-quarter-profit-beat Revenue was US$24.8 billion, up 14% from a year earlier https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/openais-first-device-will-be-movable-screenless-speaker-built-ai-companion Tue, 14 Jul 2026 23:20:40 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/openais-first-device-will-be-movable-screenless-speaker-built-ai-companion The device represents a critical next step for OpenAI https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/ibm-warns-ai-boom-squeezing-software-budgets-shares-sink-sector-rout Tue, 14 Jul 2026 22:53:47 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/ibm-warns-ai-boom-squeezing-software-budgets-shares-sink-sector-rout The company said it expects revenue to rise just 1 per cent to US$17.2 billion in Q2 https://www.businesstimes.com.sg/companies-markets/banking-finance/top-fed-officials-embrace-cooler-inflation-reading-clamour-more Tue, 14 Jul 2026 22:45:08 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/top-fed-officials-embrace-cooler-inflation-reading-clamour-more Fed Chairman Warsh said there was “plenty of work to do” https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-prices-rise-2-one-month-high-us-iran-attacks-deepen-supply-disruption Tue, 14 Jul 2026 22:16:18 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/oil-prices-rise-2-one-month-high-us-iran-attacks-deepen-supply-disruption Brent closed at its highest since Jun 12 and WTI at its highest since Jun 15 https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-rise-cool-us-inflation-data-curbs-some-rate-hike-fears Tue, 14 Jul 2026 22:04:53 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/european-shares-rise-cool-us-inflation-data-curbs-some-rate-hike-fears Traders now see only about a 10% chance of a quarter-percentage-point rate increase https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-sp-500-and-nasdaq-end-higher-cool-inflation-data-solid-bank-earnings Tue, 14 Jul 2026 21:53:43 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/us-stocks-sp-500-and-nasdaq-end-higher-cool-inflation-data-solid-bank-earnings All three major US indices closed higher https://www.businesstimes.com.sg/companies-markets/jpmorgan-posts-record-profit-big-gains-dealmaking-stock-trading Tue, 14 Jul 2026 14:58:00 +0000 Companies & Markets International /companies-markets/jpmorgan-posts-record-profit-big-gains-dealmaking-stock-trading Revenue rose across all business units at the bank https://www.businesstimes.com.sg/companies-markets/sp-500-and-nasdaq-open-higher-cpi-bank-earnings-take-focus Tue, 14 Jul 2026 13:50:17 +0000 Companies & Markets International /companies-markets/sp-500-and-nasdaq-open-higher-cpi-bank-earnings-take-focus [NEW YORK] The S&P 500 and the Nasdaq opened higher on Tuesday (Jul 14) after softer-than-expected inflation data fuelled bets that the...