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/transport-logistics/ups-posts-lower-q1-profit-it-scales-down-amazon-deliveries Tue, 28 Apr 2026 14:49:05 +0000 Transport & Logistics Companies & Markets /companies-markets/transport-logistics/ups-posts-lower-q1-profit-it-scales-down-amazon-deliveries The parcel giant has been shifting its focus to higher-margin shipments to support profitability and control costs https://www.businesstimes.com.sg/companies-markets/energy-commodities/world-bank-forecasts-24-surge-energy-prices-2026-due-middle-east-war Tue, 28 Apr 2026 14:32:07 +0000 Energy & Commodities Companies & Markets International /companies-markets/energy-commodities/world-bank-forecasts-24-surge-energy-prices-2026-due-middle-east-war Commodity prices could rise even further if hostilities in the region escalated https://www.businesstimes.com.sg/companies-markets/mapletree-industrial-trust-q4-dpu-falls-8 Tue, 28 Apr 2026 14:03:10 +0000 Benicia Tan Companies & Markets /companies-markets/mapletree-industrial-trust-q4-dpu-falls-8 Distribution per unit for FY2026 totals S$0.1271, down from S$0.1357 a year earlier https://www.businesstimes.com.sg/companies-markets/nasdaq-opens-lower-fresh-concerns-around-ai-pressure-tech-stocks Tue, 28 Apr 2026 13:49:29 +0000 Companies & Markets International /companies-markets/nasdaq-opens-lower-fresh-concerns-around-ai-pressure-tech-stocks [NEW YORK] The Nasdaq Composite opened lower on Tuesday (Apr 28), underperforming the benchmark S&P 500 and the blue-chip Dow, as investors... https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-prices-trim-gains-after-uae-exits-opec-opec Tue, 28 Apr 2026 13:25:48 +0000 Energy & Commodities Companies & Markets International /companies-markets/energy-commodities/oil-prices-trim-gains-after-uae-exits-opec-opec UAE’s exit dealt a heavy blow to the oil exporting groups and their de facto leader, Saudi Arabia https://www.businesstimes.com.sg/companies-markets/transport-logistics/byds-quarterly-profit-slides-fastest-six-years-china-sales-falter Tue, 28 Apr 2026 13:20:59 +0000 Transport & Logistics Companies & Markets Global International /companies-markets/transport-logistics/byds-quarterly-profit-slides-fastest-six-years-china-sales-falter Its earnings fall 55.4% from the year before to 4.1 billion yuan https://www.businesstimes.com.sg/companies-markets/transport-logistics/gm-lifts-profit-outlook-us-truck-sales-boost-first-quarter Tue, 28 Apr 2026 13:10:39 +0000 Transport & Logistics Companies & Markets International /companies-markets/transport-logistics/gm-lifts-profit-outlook-us-truck-sales-boost-first-quarter It reported earnings before interest and taxes of US$4.3 billion, or US$3.70 per share https://www.businesstimes.com.sg/companies-markets/transport-logistics/goto-posts-first-ever-net-income-after-cost-cuts-bear-fruit Tue, 28 Apr 2026 12:15:55 +0000 Transport & Logistics Companies & Markets /companies-markets/transport-logistics/goto-posts-first-ever-net-income-after-cost-cuts-bear-fruit Fintech growth outpaces on-demand services as high oil prices curb commuting and food delivery demand https://www.businesstimes.com.sg/companies-markets/banking-finance/ping-profit-falls-market-decline-hurts-investment-returns Tue, 28 Apr 2026 10:20:20 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/ping-profit-falls-market-decline-hurts-investment-returns Net income dropped to 25 billion yuan (S$4.6 billion), from 27 billion yuan a year earlier https://www.businesstimes.com.sg/companies-markets/singapore-stocks-slip-oil-tops-us110-sti-down-0-1 Tue, 28 Apr 2026 10:17:45 +0000 Renald Yeo Companies & Markets Capital Markets & Currencies /companies-markets/singapore-stocks-slip-oil-tops-us110-sti-down-0-1 Benchmark index is close to where it was on first trading day after Iran war began https://www.businesstimes.com.sg/international/bp-q1-profit-beats-expectations-us3-2-billion-driven-middle-east-trading-boon Tue, 28 Apr 2026 09:35:53 +0000 International Companies & Markets /international/bp-q1-profit-beats-expectations-us3-2-billion-driven-middle-east-trading-boon The company says it anticipates fuel margins to ‘remain sensitive’ to the cost of supply and conditions in the region https://www.businesstimes.com.sg/companies-markets/temasek-canadian-pension-fund-among-investors-looking-sell-stakes-indias-nse-ipo-sources Tue, 28 Apr 2026 09:12:47 +0000 Companies & Markets /companies-markets/temasek-canadian-pension-fund-among-investors-looking-sell-stakes-indias-nse-ipo-sources The share sale by India’s largest exchange would have a value of US$2.75 billion https://www.businesstimes.com.sg/companies-markets/banking-finance/chinas-central-bank-guides-banks-step-lending-april-sources Tue, 28 Apr 2026 09:02:37 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/chinas-central-bank-guides-banks-step-lending-april-sources PBOC’s rare credit push follows Middle East conflict fears and the nation’s ongoing property debt crisis https://www.businesstimes.com.sg/esg/singapores-ema-study-potential-deploying-geothermal-energy Tue, 28 Apr 2026 09:00:00 +0000 Janice Lim ESG Companies & Markets Energy & Commodities /esg/singapores-ema-study-potential-deploying-geothermal-energy It is part of efforts to strengthen the Republic’s energy resilience and decarbonise the power sector https://www.businesstimes.com.sg/companies-markets/energy-commodities/chevron-close-deal-singapore-refinery-stake-sale-eneos-may-sources Tue, 28 Apr 2026 08:52:28 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/chevron-close-deal-singapore-refinery-stake-sale-eneos-may-sources Both parties are reassessing some terms in the deal, including offtake agreements for refined products, they add https://www.businesstimes.com.sg/international/novartis-misses-q1-profit-estimates-steep-generic-erosion Tue, 28 Apr 2026 08:52:20 +0000 International Companies & Markets /international/novartis-misses-q1-profit-estimates-steep-generic-erosion Group operating income is down by 12% at US$4.9 billion, below analyst expectations of US$5.1 billion https://www.businesstimes.com.sg/companies-markets/south-koreas-kospi-ends-record-high-led-auto-steel-firms Tue, 28 Apr 2026 08:46:54 +0000 Companies & Markets International /companies-markets/south-koreas-kospi-ends-record-high-led-auto-steel-firms [SEOUL] South Korean shares hit a record high on Tuesday (Apr 28), led by gains in automakers and steel manufacturers, with investor... https://www.businesstimes.com.sg/companies-markets/transport-logistics/apac-airlines-hit-record-loads-iran-war-reroutes-80-fuel-spike-threatens-margins Tue, 28 Apr 2026 08:38:04 +0000 Shikhar Gupta Transport & Logistics Asean Companies & Markets International /companies-markets/transport-logistics/apac-airlines-hit-record-loads-iran-war-reroutes-80-fuel-spike-threatens-margins Total passenger traffic for March rises 8.5% year on year to 33.9 million https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/google-signs-classified-ai-deal-pentagon Tue, 28 Apr 2026 07:43:31 +0000 Telcos, Media & Tech Companies & Markets International /companies-markets/telcos-media-tech/google-signs-classified-ai-deal-pentagon The agreement allows the Pentagon to use Google’s AI for “any lawful government purpose” https://www.businesstimes.com.sg/companies-markets/south-korea-surpasses-uk-become-worlds-8th-largest-stock-market Tue, 28 Apr 2026 07:07:20 +0000 Companies & Markets /companies-markets/south-korea-surpasses-uk-become-worlds-8th-largest-stock-market SOUTH KOREA has leapfrogged the UK to become the world’s eighth-biggest stock market, fuelled by a high-octane rally in its artificial intelligence-linked... https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/australia-charge-big-tech-companies-2-levy-unless-they-strike-local-news-deals Tue, 28 Apr 2026 06:05:25 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/australia-charge-big-tech-companies-2-levy-unless-they-strike-local-news-deals Trump opposes digital services taxes on US tech giants and has threatened tariffs on countries that pursue them https://www.businesstimes.com.sg/companies-markets/transport-logistics/chinas-chery-seeks-be-toyota-plus-tesla-it-targets-global-expansion Tue, 28 Apr 2026 05:48:07 +0000 Transport & Logistics Companies & Markets New Articles /companies-markets/transport-logistics/chinas-chery-seeks-be-toyota-plus-tesla-it-targets-global-expansion The company’s global sales have surged in recent years, almost quadrupling from 2020 to 2025 https://www.businesstimes.com.sg/companies-markets/energy-commodities/chinas-state-refiners-seek-resume-fuel-exports-after-halt Tue, 28 Apr 2026 05:20:23 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/chinas-state-refiners-seek-resume-fuel-exports-after-halt The government has yet to announce any change to permits following the request https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/singapore-based-digital-edge-weighs-options-including-sale-us10-billion-sources Tue, 28 Apr 2026 05:05:32 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/singapore-based-digital-edge-weighs-options-including-sale-us10-billion-sources The company provides data centre and fibre services in several countries in the Asia-Pacific region https://www.businesstimes.com.sg/companies-markets/transport-logistics/american-airlines-sells-us1-14-billion-bonds-32-planes Tue, 28 Apr 2026 04:36:36 +0000 Transport & Logistics Companies & Markets /companies-markets/transport-logistics/american-airlines-sells-us1-14-billion-bonds-32-planes Airline results are being pressured now by higher oil prices https://www.businesstimes.com.sg/companies-markets/chinese-ev-battery-maker-catl-rides-green-energy-wave-raise-us5-billion-hong-kong Tue, 28 Apr 2026 04:30:22 +0000 Companies & Markets /companies-markets/chinese-ev-battery-maker-catl-rides-green-energy-wave-raise-us5-billion-hong-kong The oil shock is quickening the global pivot to clean energy, a sector dominated by CATL https://www.businesstimes.com.sg/international/asean/indonesia-train-crash-toll-rises-14-rescuers-complete-evacuation Tue, 28 Apr 2026 04:26:17 +0000 Asean Companies & Markets International Transport & Logistics /international/asean/indonesia-train-crash-toll-rises-14-rescuers-complete-evacuation A women-only carriage bore the brunt of the crash https://www.businesstimes.com.sg/international/global/china-races-build-record-biobank-rival-us-drugs-research Tue, 28 Apr 2026 04:12:55 +0000 Global Companies & Markets Consumer & Healthcare International /international/global/china-races-build-record-biobank-rival-us-drugs-research Beijing has equally begun to protect its own nascent databases, passing a biosecurity law in 2020 https://www.businesstimes.com.sg/companies-markets/banking-finance/boj-keeps-rates-steady-hawkish-split-points-june-hike Tue, 28 Apr 2026 03:47:23 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/boj-keeps-rates-steady-hawkish-split-points-june-hike The central bank also sharply revises up its price forecasts and stresses vigilance to the risk of an inflation overshoot https://www.businesstimes.com.sg/companies-markets/energy-commodities/chinese-refiner-hengli-sanctioned-us-restructures-singapore-unit-sources Tue, 28 Apr 2026 03:43:43 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/chinese-refiner-hengli-sanctioned-us-restructures-singapore-unit-sources Washington sanctions refinery unit for allegedly buying billions of dollars in Iranian oil https://www.businesstimes.com.sg/companies-markets/energy-commodities/first-lng-shipment-war-began-appears-exit-hormuz Tue, 28 Apr 2026 03:19:20 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/first-lng-shipment-war-began-appears-exit-hormuz At present, the ship is signalling a terminal in China as its destination https://www.businesstimes.com.sg/opinion-features/will-hongkong-land-seek-control-manager-suntec-reit-or-trusts-most-prized-properties Tue, 28 Apr 2026 03:12:25 +0000 Leslie Yee Opinion & Features Columns Companies & Markets Reits & Property /opinion-features/will-hongkong-land-seek-control-manager-suntec-reit-or-trusts-most-prized-properties Investing in a Reit where another group is the sponsor may be hardly optimal for the property giant https://www.businesstimes.com.sg/companies-markets/transport-logistics/average-price-car-us-you-could-buy-5-new-chinese-evs Tue, 28 Apr 2026 03:11:06 +0000 Transport & Logistics Companies & Markets /companies-markets/transport-logistics/average-price-car-us-you-could-buy-5-new-chinese-evs [BEIJING] Call it a different kind of sticker shock. https://www.businesstimes.com.sg/companies-markets/transport-logistics/sias-air-india-intervention-capability-transplant-crucial-its-long-term-play-analysts Tue, 28 Apr 2026 02:54:11 +0000 Shikhar Gupta Transport & Logistics Companies & Markets /companies-markets/transport-logistics/sias-air-india-intervention-capability-transplant-crucial-its-long-term-play-analysts External headwinds have likely pushed the break-even mark for Singapore Airlines’ investment towards 2030 https://www.businesstimes.com.sg/companies-markets/banking-finance/bank-singapore-strengthens-family-office-wealth-advisory-team-support-uhnw-demand Tue, 28 Apr 2026 02:47:44 +0000 Therese Soh Banking & Finance Companies & Markets Wealth Wealth & Investing /companies-markets/banking-finance/bank-singapore-strengthens-family-office-wealth-advisory-team-support-uhnw-demand Ultra-high-net-worth clients are a ‘key growth segment’, says the bank https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/chinas-anta-mounts-india-comeback-bilateral-ties-improve Tue, 28 Apr 2026 01:45:29 +0000 Consumer & Healthcare Companies & Markets /companies-markets/consumer-healthcare/chinas-anta-mounts-india-comeback-bilateral-ties-improve The sportswear maker’s return comes as Indian consumers show renewed appetite for Chinese brands https://www.businesstimes.com.sg/companies-markets/banking-finance/bank-japan-set-keep-rates-steady-iran-war-clouds-outlook Tue, 28 Apr 2026 01:33:33 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/bank-japan-set-keep-rates-steady-iran-war-clouds-outlook It will be the first among a flurry of central banks seen as keeping policy steady this week https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-steadies-traders-weigh-diplomatic-push-end-iran-war Tue, 28 Apr 2026 01:27:20 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/gold-steadies-traders-weigh-diplomatic-push-end-iran-war The standoff has reduced daily transits via the strategic waterway to near zero, choking off flows of crude, natural gas and oil... https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/nikkei-slips-record-high-jgbs-wobble-bojs-hawkish-hold Tue, 28 Apr 2026 01:14:56 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/nikkei-slips-record-high-jgbs-wobble-bojs-hawkish-hold [TOKYO] Japan’s Nikkei share average slipped from a record high, government bonds swung, and the yen rallied on Tuesday, after the central... https://www.businesstimes.com.sg/companies-markets/energy-commodities/vietnam-gas-major-looks-us-iran-war-reorders-lpg-flows Tue, 28 Apr 2026 00:53:18 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/vietnam-gas-major-looks-us-iran-war-reorders-lpg-flows The state-owned gas major will bring in 66,000 tonnes of the widely-used cooking fuel from America in May https://www.businesstimes.com.sg/companies-markets/stocks-watch-st-engineering-clar-mpact-yangzijiang-maritime-sert-addvalue-tech-gsh Tue, 28 Apr 2026 00:36:38 +0000 Shikhar Gupta Therese Soh Companies & Markets Capital Markets & Currencies /companies-markets/stocks-watch-st-engineering-clar-mpact-yangzijiang-maritime-sert-addvalue-tech-gsh [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Apr 28): https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/paramount-seeks-fcc-approval-foreign-investors-backing-warner-bros-acquisition Tue, 28 Apr 2026 00:33:06 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/paramount-seeks-fcc-approval-foreign-investors-backing-warner-bros-acquisition Middle Eastern-linked funds have agreed to back its proposed takeover https://www.businesstimes.com.sg/companies-markets/transport-logistics/byd-geely-results-provide-pointers-china-ev-stock-rivalry Tue, 28 Apr 2026 00:32:17 +0000 Transport & Logistics Companies & Markets /companies-markets/transport-logistics/byd-geely-results-provide-pointers-china-ev-stock-rivalry The surge in oil prices due to the Iran war has driven gains in shares of electric vehicle and battery makers as... https://www.businesstimes.com.sg/companies-markets/gxs-fy2025-loss-narrows-s208-1-million-higher-income-and-lower-costs Tue, 28 Apr 2026 00:30:00 +0000 Benjamin Cher Companies & Markets /companies-markets/gxs-fy2025-loss-narrows-s208-1-million-higher-income-and-lower-costs It is on track to achieve profitability by 2027, within MAS’ five-year framework for digital banks https://www.businesstimes.com.sg/companies-markets/mpact-q4-dpu-falls-2-6-s0-019-amid-overseas-headwinds Tue, 28 Apr 2026 00:22:14 +0000 Chloe Lim Companies & Markets Reits & Property /companies-markets/mpact-q4-dpu-falls-2-6-s0-019-amid-overseas-headwinds Net property income declines 5.9% year on year to S$159.6 million, from S$169.5 million https://www.businesstimes.com.sg/international/global/xi-tests-chinas-reach-blocking-metas-already-done-acquisition-singapore-based-manus Tue, 28 Apr 2026 00:11:09 +0000 Global Companies & Markets International Telcos, Media & Tech /international/global/xi-tests-chinas-reach-blocking-metas-already-done-acquisition-singapore-based-manus The country’s regulators have long wielded power far beyond their counterparts in most other countries https://www.businesstimes.com.sg/companies-markets/dbs-drives-s20-billion-apac-data-centre-deals-ai-boom-tests-bank-funding-limits Mon, 27 Apr 2026 23:00:00 +0000 Young Zhan Heng Companies & Markets /companies-markets/dbs-drives-s20-billion-apac-data-centre-deals-ai-boom-tests-bank-funding-limits If alternative financing channels and debt-recycling models fail to materialise, Asia’s data centre buildout could slow https://www.businesstimes.com.sg/international/asean/how-asia-pacific-fighting-fuel-shock-could-get-worse Mon, 27 Apr 2026 22:51:00 +0000 Asean Companies & Markets Energy & Commodities International /international/asean/how-asia-pacific-fighting-fuel-shock-could-get-worse The disruption has laid bare how reliant the region is on Middle East energy https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/intel-us6-5-billion-bond-sale-signals-investor-hope-turnaround Mon, 27 Apr 2026 22:41:48 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/intel-us6-5-billion-bond-sale-signals-investor-hope-turnaround Its shares have hit record highs https://www.businesstimes.com.sg/companies-markets/energy-commodities/trump-cancels-more-wind-leases-spur-oil-and-gas-investment Mon, 27 Apr 2026 22:00:17 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/trump-cancels-more-wind-leases-spur-oil-and-gas-investment The deals mark the latest step in the administration’s push to stymie the nascent US offshore wind industry https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-prices-rise-above-us110-no-end-iran-war-stand-seems-sight Mon, 27 Apr 2026 21:59:00 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/oil-prices-rise-above-us110-no-end-iran-war-stand-seems-sight Trump’s displeasure with Iran’s latest offer leaves the conflict deadlocked https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-edge-lower-us-iran-talks-stall-central-bank-meetings-focus Mon, 27 Apr 2026 21:45:46 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/european-shares-edge-lower-us-iran-talks-stall-central-bank-meetings-focus EUROPEAN shares started the week on a subdued note as investors braced for a packed schedule of central bank meetings, and worries over... https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-sp-500-nasdaq-close-slightly-cautious-start-heavy-earnings-week Mon, 27 Apr 2026 21:39:06 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/us-stocks-sp-500-nasdaq-close-slightly-cautious-start-heavy-earnings-week [NEW YORK] The S&P 500 and the Nasdaq eked out modest gains on Monday in muted trading, as investors took a breath... https://www.businesstimes.com.sg/companies-markets/capitaland-ascendas-reits-portfolio-occupancy-dips-90-5-q1-rental-reversion-slows Mon, 27 Apr 2026 15:28:01 +0000 Benicia Tan Companies & Markets /companies-markets/capitaland-ascendas-reits-portfolio-occupancy-dips-90-5-q1-rental-reversion-slows Occupancy in Australia falls 1.4 percentage points quarter or quarter; in Singapore, it slips by 0.6 percentage points https://www.businesstimes.com.sg/companies-markets/openai-breaks-free-exclusive-ai-pact-microsoft Mon, 27 Apr 2026 15:19:38 +0000 Companies & Markets /companies-markets/openai-breaks-free-exclusive-ai-pact-microsoft New products from the artificial intelligence startup will still be made available first on cloud unit Azure https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/musk-and-altman-head-trial-feud-over-future-openai Mon, 27 Apr 2026 13:55:16 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/musk-and-altman-head-trial-feud-over-future-openai Tesla CEO seeks US$134 billion from OpenAI and Microsoft, which he pledges to give to OpenAI’s charitable arm https://www.businesstimes.com.sg/companies-markets/wall-st-opens-lower-investors-weigh-us-iran-conflict-earnings-rush Mon, 27 Apr 2026 13:44:25 +0000 Companies & Markets International /companies-markets/wall-st-opens-lower-investors-weigh-us-iran-conflict-earnings-rush [NEW YORK] Wall Street’s main indexes opened slightly lower on Monday (Apr 27) as peace talks between the US and Iran stalled,... https://www.businesstimes.com.sg/companies-markets/energy-commodities/shell-buy-canadas-arc-output-boosting-us16-4-billion-deal Mon, 27 Apr 2026 13:35:55 +0000 Energy & Commodities Companies & Markets International /companies-markets/energy-commodities/shell-buy-canadas-arc-output-boosting-us16-4-billion-deal It would boost its output by 370,000 barrels of oil equivalent per day https://www.businesstimes.com.sg/companies-markets/yangzijiang-maritime-adds-10-new-vessels-pushing-order-book-53 Mon, 27 Apr 2026 13:02:25 +0000 Benicia Tan Companies & Markets /companies-markets/yangzijiang-maritime-adds-10-new-vessels-pushing-order-book-53 The newbuilds will be funded through a combination of equity co-investment and debt financing https://www.businesstimes.com.sg/companies-markets/gsh-corp-ceo-gilbert-ee-retire-amid-broader-leadership-renewal Mon, 27 Apr 2026 12:14:24 +0000 Benicia Tan Companies & Markets /companies-markets/gsh-corp-ceo-gilbert-ee-retire-amid-broader-leadership-renewal Executive director Lim Hong Kian is also stepping down https://www.businesstimes.com.sg/companies-markets/banking-finance/citi-boost-japan-china-investment-banking-teams-plans-senior-sector-focused-hires Mon, 27 Apr 2026 12:08:02 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/citi-boost-japan-china-investment-banking-teams-plans-senior-sector-focused-hires The firm is pushing ahead with growing its in-market presence in Asia https://www.businesstimes.com.sg/companies-markets/catl-seeks-us5-billion-hong-kongs-largest-share-sale-2026 Mon, 27 Apr 2026 11:56:54 +0000 Companies & Markets /companies-markets/catl-seeks-us5-billion-hong-kongs-largest-share-sale-2026 The Chinese battery maker is offering shares at HK$628.20 to HK$651.80 each https://www.businesstimes.com.sg/companies-markets/st-engineering-bags-s4-8-billion-q1-contracts-middle-east-defence-aerospace-demand Mon, 27 Apr 2026 11:55:20 +0000 Shikhar Gupta Companies & Markets /companies-markets/st-engineering-bags-s4-8-billion-q1-contracts-middle-east-defence-aerospace-demand The first-quarter haul is up about S$400 million year-on-year https://www.businesstimes.com.sg/companies-markets/competition-watchdog-flags-concerns-over-sutls-proposed-s40-million-marina-keppel-bay-buy Mon, 27 Apr 2026 11:01:13 +0000 Shikhar Gupta Companies & Markets /companies-markets/competition-watchdog-flags-concerns-over-sutls-proposed-s40-million-marina-keppel-bay-buy The transaction may enhance the combined operator’s ability to raise prices, says CCS https://www.businesstimes.com.sg/companies-markets/us-sanctions-china-oil-giant-hengli-turn-heat-teapot-refiners Mon, 27 Apr 2026 10:54:21 +0000 Companies & Markets International /companies-markets/us-sanctions-china-oil-giant-hengli-turn-heat-teapot-refiners Hundreds of chemical, synthetic fibre and textile producers across East Asia face near-immediate disruption to supplies https://www.businesstimes.com.sg/companies-markets/ray-ban-heirs-10-billion-euro-buyout-siblings-shares-approved-italian-media Mon, 27 Apr 2026 10:41:03 +0000 Companies & Markets /companies-markets/ray-ban-heirs-10-billion-euro-buyout-siblings-shares-approved-italian-media Leonardo Maria Del Vecchio is set to become the largest shareholder in EssilorLuxottica https://www.businesstimes.com.sg/companies-markets/singapore-shares-fall-dragged-banks-sti-slips-0-6 Mon, 27 Apr 2026 10:07:39 +0000 Renald Yeo Companies & Markets Capital Markets & Currencies /companies-markets/singapore-shares-fall-dragged-banks-sti-slips-0-6 Across the broader market, losers outpace gainers 341 to 265 after two billion securities change hands https://www.businesstimes.com.sg/companies-markets/south-korean-shares-hit-record-chipmakers-rally-ahead-earnings Mon, 27 Apr 2026 09:14:48 +0000 Companies & Markets International /companies-markets/south-korean-shares-hit-record-chipmakers-rally-ahead-earnings [SEOUL] South Korean shares jumped more than 2 per cent to a record close on Monday (Apr 27), as chipmakers rallied ahead... https://www.businesstimes.com.sg/international/bp-gains-exxon-emerge-top-big-oil-stock-during-iran-war Mon, 27 Apr 2026 09:08:31 +0000 International Companies & Markets Energy & Commodities /international/bp-gains-exxon-emerge-top-big-oil-stock-during-iran-war The windfall comes at a crucial time for the former, with its shares being the sector’s worst-performing since 2020 https://www.businesstimes.com.sg/companies-markets/banking-finance/china-taps-another-tool-drain-excess-cash-market Mon, 27 Apr 2026 08:52:12 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/china-taps-another-tool-drain-excess-cash-market It is set to withdraw a net 200 billion yuan (S$37.3 billion) via its one-year medium-term lending facility in April https://www.businesstimes.com.sg/opinion-features/end-era-feds-powell-set-oversee-final-policy-meeting-keeping-rates-steady Mon, 27 Apr 2026 08:37:13 +0000 Opinion & Features Companies & Markets /opinion-features/end-era-feds-powell-set-oversee-final-policy-meeting-keeping-rates-steady His successor Kevin Warsh is viewed as more responsive to the Trump administration https://www.businesstimes.com.sg/companies-markets/energy-commodities/renewables-vogue-iran-war-drives-europe-power-prices Mon, 27 Apr 2026 08:24:03 +0000 Energy & Commodities Companies & Markets ESG /companies-markets/energy-commodities/renewables-vogue-iran-war-drives-europe-power-prices Gas-dependent nations such as Italy and Germany are experiencing sharper wholesale price volatility https://www.businesstimes.com.sg/companies-markets/citi-names-top-developer-picks-mass-market-property-launches-singapore-see-solid-take Mon, 27 Apr 2026 08:17:01 +0000 Deon Loke Companies & Markets New Articles /companies-markets/citi-names-top-developer-picks-mass-market-property-launches-singapore-see-solid-take Strong sales momentum in primary residential market ‘bodes well’ for CDL and UOL, says brokerage https://www.businesstimes.com.sg/international/asean/thai-and-vietnamese-farmers-may-stop-planting-rice-because-iran-war-heres-why Mon, 27 Apr 2026 08:00:00 +0000 Asean Companies & Markets Energy & Commodities International /international/asean/thai-and-vietnamese-farmers-may-stop-planting-rice-because-iran-war-heres-why The Middle East conflict has meant increased freight costs for food exporters https://www.businesstimes.com.sg/companies-markets/japans-nikkei-closes-above-60000-first-time-earnings-optimism Mon, 27 Apr 2026 07:15:59 +0000 Companies & Markets International /companies-markets/japans-nikkei-closes-above-60000-first-time-earnings-optimism It finished the session at an unprecedented 60,537.36 https://www.businesstimes.com.sg/companies-markets/transport-logistics/hong-kong-airport-taps-local-debt-boom-us1-9-billion-plan Mon, 27 Apr 2026 06:47:49 +0000 Transport & Logistics Companies & Markets International /companies-markets/transport-logistics/hong-kong-airport-taps-local-debt-boom-us1-9-billion-plan It plans to price the multi‑tranche deal as early as Tuesday https://www.businesstimes.com.sg/companies-markets/transport-logistics/toyota-sees-sales-decline-iran-conflict-looms-over-operations Mon, 27 Apr 2026 06:08:15 +0000 Transport & Logistics Companies & Markets /companies-markets/transport-logistics/toyota-sees-sales-decline-iran-conflict-looms-over-operations The company has been able to keep churning out cars, with worldwide production climbing 3.9% to one million units https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/travelling-down-under-spending-could-be-hit-aussie-dollar-nears-one-year-high-against-singdollar Mon, 27 Apr 2026 05:47:32 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/travelling-down-under-spending-could-be-hit-aussie-dollar-nears-one-year-high-against-singdollar A stronger Australian dollar means that Singaporeans are getting less bang for their buck https://www.businesstimes.com.sg/companies-markets/banking-finance/japan-tighten-rules-shareholder-proposals-amid-pushback-against-activism Mon, 27 Apr 2026 05:37:35 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/japan-tighten-rules-shareholder-proposals-amid-pushback-against-activism Some business lobbies want the hurdles to be further raised https://www.businesstimes.com.sg/companies-markets/energy-commodities/chinas-metals-industry-racked-huge-profits-first-quarter Mon, 27 Apr 2026 05:35:52 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/chinas-metals-industry-racked-huge-profits-first-quarter The big jump in metal-making profits reflects a broader reflation underway across the Chinese economy https://www.businesstimes.com.sg/companies-markets/banking-finance/bitcoin-reaches-12-week-high-iran-deal-optimism Mon, 27 Apr 2026 05:11:54 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/bitcoin-reaches-12-week-high-iran-deal-optimism The token is up 16 per cent so far in April https://www.businesstimes.com.sg/international/asean/vietnam-buys-more-lng-temperatures-set-rise-above-average Mon, 27 Apr 2026 04:47:46 +0000 Asean Companies & Markets Energy & Commodities International /international/asean/vietnam-buys-more-lng-temperatures-set-rise-above-average The next two weeks are forecast to be hotter than normal in the South-east Asia country https://www.businesstimes.com.sg/international/global/state-owned-china-merchants-group-joins-sale-talks-ck-hutchisons-troubled-ports Mon, 27 Apr 2026 04:37:38 +0000 Global Companies & Markets International Transport & Logistics /international/global/state-owned-china-merchants-group-joins-sale-talks-ck-hutchisons-troubled-ports PORTS operator China Merchants Group is in talks to join a consortium seeking to buy dozens of CK Hutchison Holdings’ ports, people... https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/ai-boom-drowns-out-iran-war-fears-fuel-asias-great-market-divide Mon, 27 Apr 2026 04:25:33 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/ai-boom-drowns-out-iran-war-fears-fuel-asias-great-market-divide In South and South-east Asia, higher oil prices are straining trade balances and sending stocks tumbling in India, Indonesia and the Philippines https://www.businesstimes.com.sg/companies-markets/maribank-posts-wider-losses-higher-allowances-fy2025 Mon, 27 Apr 2026 04:15:51 +0000 Benjamin Cher Companies & Markets Banking & Finance /companies-markets/maribank-posts-wider-losses-higher-allowances-fy2025 However, its total income is S$37.4 million, up from S$24.4 million in the previous year https://www.businesstimes.com.sg/companies-markets/energy-commodities/china-tax-authorities-rattle-metal-market-invoice-crackdown Mon, 27 Apr 2026 04:07:13 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/china-tax-authorities-rattle-metal-market-invoice-crackdown The probe has ensnared a broad group of traders dealing in copper, aluminium and silver in Shanghai, according to several affected parties https://www.businesstimes.com.sg/companies-markets/indias-sun-pharma-buy-us-listed-organon-about-us11-8-billion-deal Mon, 27 Apr 2026 04:03:37 +0000 Companies & Markets Consumer & Healthcare /companies-markets/indias-sun-pharma-buy-us-listed-organon-about-us11-8-billion-deal Sun Pharma will buy all the outstanding shares of Organon for US$14 per share https://www.businesstimes.com.sg/companies-markets/transport-logistics/mol-will-watch-bunker-supply-june-middle-east-supply-disruptions-continue Mon, 27 Apr 2026 04:00:00 +0000 Tay Peck Gek Transport & Logistics Companies & Markets /companies-markets/transport-logistics/mol-will-watch-bunker-supply-june-middle-east-supply-disruptions-continue The surge in freight costs has not significantly dented shipping demand, says Mitsui OSK Lines’ new CEO https://www.businesstimes.com.sg/companies-markets/banking-finance/china-delays-foreign-debt-sales-us100-billion-bonds-due Mon, 27 Apr 2026 03:47:18 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/china-delays-foreign-debt-sales-us100-billion-bonds-due To avoid defaulting on their overseas debt, Chinese companies are resorting to selling short-term bonds https://www.businesstimes.com.sg/opinion-features/paragons-value-lies-opportunity-cict-transform-ageing-gem Mon, 27 Apr 2026 03:35:25 +0000 Leslie Yee Opinion & Features Columns Commercial & Industrial Companies & Markets Property Reits & Property /opinion-features/paragons-value-lies-opportunity-cict-transform-ageing-gem The trust has the means and expertise to add value to the trophy Orchard Road asset https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/nikkei-hits-record-high-earnings-middle-east-optimism Mon, 27 Apr 2026 03:24:43 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/nikkei-hits-record-high-earnings-middle-east-optimism The Nikkei fell into negative territory shortly after the open but then rallied sharply https://www.businesstimes.com.sg/companies-markets/banking-finance/nomura-stock-hit-after-research-affiliate-writedown-europe-loss Mon, 27 Apr 2026 03:22:08 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/nomura-stock-hit-after-research-affiliate-writedown-europe-loss The coming quarters may provide a test for CEO Kentaro Okuda as the Iran war puts a strain on the global economy https://www.businesstimes.com.sg/lifestyle/chinas-car-headlights-can-project-movies-drive-theatres Mon, 27 Apr 2026 02:54:45 +0000 Lifestyle Companies & Markets Transport & Logistics /lifestyle/chinas-car-headlights-can-project-movies-drive-theatres The market for such advanced lighting systems is expected to roughly double over the coming decade, according to Intelmarket Research https://www.businesstimes.com.sg/international/asean/keppel-begins-arbitration-against-partners-vietnam-jv-hit-6-9-trillion-dong-bill Mon, 27 Apr 2026 02:14:04 +0000 Therese Soh Asean Companies & Markets International Reits & Property /international/asean/keppel-begins-arbitration-against-partners-vietnam-jv-hit-6-9-trillion-dong-bill While investment is expected to be profitable, earnings may decline if fees are not fully borne by partners, says group https://www.businesstimes.com.sg/companies-markets/banking-finance/hsbc-reviews-hk300000-kid-school-fee-perk-hong-kong-bankers-cut-costs Mon, 27 Apr 2026 02:02:51 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/hsbc-reviews-hk300000-kid-school-fee-perk-hong-kong-bankers-cut-costs International school fees are a major expense for families in the city and costs have been increasing after the pandemic https://www.businesstimes.com.sg/companies-markets/addvalue-tech-proposes-nasdaq-spin-listing-wholly-owned-unit Mon, 27 Apr 2026 01:39:27 +0000 Chloe Lim Companies & Markets Telcos, Media & Tech /companies-markets/addvalue-tech-proposes-nasdaq-spin-listing-wholly-owned-unit Addvalue Solutions deals with the group’s activities involving the Inter-Satellite Data Relay System https://www.businesstimes.com.sg/companies-markets/banking-finance/boj-seen-holding-rates-messaging-risk-ueda-yen-teeters Mon, 27 Apr 2026 01:30:31 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/boj-seen-holding-rates-messaging-risk-ueda-yen-teeters The US Federal Reserve and European Central Bank also meet this week and are widely expected to stand pat https://www.businesstimes.com.sg/companies-markets/centurion-acquires-second-key-worker-accommodation-asset-western-australia-28-6-million Mon, 27 Apr 2026 01:02:47 +0000 Chloe Lim Companies & Markets Property /companies-markets/centurion-acquires-second-key-worker-accommodation-asset-western-australia-28-6-million The freehold property comprises 77 apartments across six storeys https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/blackrock-launches-asean-equity-strategy-under-eqdp-small-and-mid-cap-focus Mon, 27 Apr 2026 01:00:00 +0000 Ranamita Chakraborty Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/blackrock-launches-asean-equity-strategy-under-eqdp-small-and-mid-cap-focus Half of the portfolio is allocated to Singapore equities, with a focus on small and mid-cap companies https://www.businesstimes.com.sg/international/asean/thai-baht-war-losses-set-deepen-oil-shock-strategists-say Mon, 27 Apr 2026 00:48:55 +0000 Asean Capital Markets & Currencies Companies & Markets International /international/asean/thai-baht-war-losses-set-deepen-oil-shock-strategists-say The central bank has also signalled it will refrain from raising interest rates “for as long as possible” to support the economy