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/energy-commodities/gold-edges-rate-hike-fears-ease-fed-rate-decision-focus Wed, 17 Jun 2026 01:47:03 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/gold-edges-rate-hike-fears-ease-fed-rate-decision-focus Investors now await the Federal Reserve policy decision and remarks https://www.businesstimes.com.sg/international/global/oil-falls-under-us80-us-iran-deal-set-add-supply Tue, 16 Jun 2026 22:13:17 +0000 Global Companies & Markets Energy & Commodities International /international/global/oil-falls-under-us80-us-iran-deal-set-add-supply Neither side has released the complete text of the agreement https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-drops-nearly-3-3-month-low-markets-weigh-us-iran-peace-deal Tue, 16 Jun 2026 12:52:17 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/oil-drops-nearly-3-3-month-low-markets-weigh-us-iran-peace-deal Shippers are awaiting reassurance on safety to cross the strait https://www.businesstimes.com.sg/esg/south-east-asias-green-power-investments-hit-new-high-us17-billion-2025-iea Tue, 16 Jun 2026 04:00:00 +0000 Sharanya Pillai ESG Companies & Markets Energy & Commodities International /esg/south-east-asias-green-power-investments-hit-new-high-us17-billion-2025-iea But coal is growing more dominant, accounting for nearly half of power generation in 2024 https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-holds-gain-trump-touts-reopening-hormuz-week Tue, 16 Jun 2026 00:07:21 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/gold-holds-gain-trump-touts-reopening-hormuz-week Precious metals traders are awaiting a series of central bank decisions this week https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-falls-markets-weigh-return-supply-us-iran-peace-deal Mon, 15 Jun 2026 22:20:36 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/oil-falls-markets-weigh-return-supply-us-iran-peace-deal With full details yet to emerge and a permanent truce still to be reached, overall price weakness is limited https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-hits-3-month-low-us-iran-reach-peace-deal-reopen-strait-hormuz Mon, 15 Jun 2026 13:06:43 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/oil-hits-3-month-low-us-iran-reach-peace-deal-reopen-strait-hormuz The US and Iran will sign a memorandum of understanding in Switzerland on Friday https://www.businesstimes.com.sg/companies-markets/energy-commodities/singapore-marine-fuel-sales-fall-6-8-may-likely-due-cheaper-bunker-china Mon, 15 Jun 2026 06:33:47 +0000 Tay Peck Gek Energy & Commodities Companies & Markets /companies-markets/energy-commodities/singapore-marine-fuel-sales-fall-6-8-may-likely-due-cheaper-bunker-china While prices have declined, they are still much higher than before the Middle East conflict broke out https://www.businesstimes.com.sg/companies-markets/energy-commodities/exxonmobil-studies-takeover-targets-including-australias-woodside-energy Mon, 15 Jun 2026 02:26:58 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/exxonmobil-studies-takeover-targets-including-australias-woodside-energy An LNG-focused deal has become a more serious priority since the start of the war in Iran in late February https://www.businesstimes.com.sg/singapore/economy-policy/singapore-offer-otc-gold-clearing-central-bank-vaulting-end-2026-amid-gold-hub-push Mon, 15 Jun 2026 01:30:00 +0000 Benicia Tan Economy & Policy Companies & Markets Energy & Commodities Singapore /singapore/economy-policy/singapore-offer-otc-gold-clearing-central-bank-vaulting-end-2026-amid-gold-hub-push SGX is also exploring the relaunch of a physically deliverable gold futures contract https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-rises-over-2-after-us-iran-reach-peace-deal Mon, 15 Jun 2026 00:26:54 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/gold-rises-over-2-after-us-iran-reach-peace-deal US and Iran will sign a memorandum of understanding in Switzerland on Jun 19 https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-slips-over-4-after-us-and-iran-reach-deal-end-war-reopen-strait-hormuz Sun, 14 Jun 2026 22:18:38 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/oil-slips-over-4-after-us-and-iran-reach-deal-end-war-reopen-strait-hormuz The draft deal called for reopening Hormuz within 30 days under Iranian arrangements, says Mehr news agency https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-fever-sends-some-vintage-luxury-watches-melting-furnace Sun, 14 Jun 2026 01:15:26 +0000 Energy & Commodities Companies & Markets Lifestyle /companies-markets/energy-commodities/gold-fever-sends-some-vintage-luxury-watches-melting-furnace Used models by the likes of Omega and LVMH’s Tag Heuer are most hit by the trend https://www.businesstimes.com.sg/companies-markets/oil-brent-falls-lowest-march-expected-peace-deal Sat, 13 Jun 2026 01:23:14 +0000 Companies & Markets Energy & Commodities /companies-markets/oil-brent-falls-lowest-march-expected-peace-deal Brent futures settle at US$87.33 a barrel https://www.businesstimes.com.sg/international/asean/shock-pump-indonesias-pertamax-price-hike-fuels-cost-worries-middle-class Fri, 12 Jun 2026 02:52:28 +0000 Asean Companies & Markets Energy & Commodities International /international/asean/shock-pump-indonesias-pertamax-price-hike-fuels-cost-worries-middle-class The price hike has been long in the making, driven by a 50% surge in global oil prices since the Iran war https://www.businesstimes.com.sg/companies-markets/energy-commodities/trafigura-and-vitol-sell-more-venezuelan-oil-asia-war-roils-supply Thu, 11 Jun 2026 23:10:21 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/trafigura-and-vitol-sell-more-venezuelan-oil-asia-war-roils-supply Growing volumes of Middle Eastern crude offers have also pressured prices recently https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-jumps-after-trump-signals-us-iran-truce-deal-close Thu, 11 Jun 2026 22:44:18 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/gold-jumps-after-trump-signals-us-iran-truce-deal-close The precious metal has fallen 21% since the Middle East conflict began at the end of February https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-tumbles-trump-signals-us-drawing-closer-deal-iran Thu, 11 Jun 2026 22:20:00 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/oil-tumbles-trump-signals-us-drawing-closer-deal-iran A growing number of oil tankers are moving through the Strait of Hormuz, boosting the flow from a trickle to a stream https://www.businesstimes.com.sg/companies-markets/energy-commodities/opec-lowers-2026-global-oil-demand-growth-forecast-again Thu, 11 Jun 2026 12:53:52 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/opec-lowers-2026-global-oil-demand-growth-forecast-again This is the second straight downward revision, to 970,000 barrels a day https://www.businesstimes.com.sg/international/asean/malaysias-sd-guthrie-working-indonesia-palm-oil-plantation-seizures-ceo Thu, 11 Jun 2026 07:58:26 +0000 Asean Companies & Markets Energy & Commodities International /international/asean/malaysias-sd-guthrie-working-indonesia-palm-oil-plantation-seizures-ceo The firm says 2% of its land has been seized by the Indonesian task force, amounting to around 2,800 ha https://www.businesstimes.com.sg/companies-markets/energy-commodities/chinas-hengli-seeks-west-african-middle-eastern-oil-after-us-sanctions-sources Thu, 11 Jun 2026 06:57:35 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/chinas-hengli-seeks-west-african-middle-eastern-oil-after-us-sanctions-sources Hengli said in late April it would seek a legal path for removal from the sanctions list https://www.businesstimes.com.sg/companies-markets/dbs-launch-tokenised-physical-gold-retail-customers-singapore Thu, 11 Jun 2026 03:00:00 +0000 Benicia Tan Companies & Markets Energy & Commodities /companies-markets/dbs-launch-tokenised-physical-gold-retail-customers-singapore It is also exploring plans to list the token on the DBS Digital Exchange https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-hits-over-six-month-low-rate-hike-concerns-amid-middle-east-conflict Wed, 10 Jun 2026 23:41:07 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/gold-hits-over-six-month-low-rate-hike-concerns-amid-middle-east-conflict Fresh US strikes on Iran push oil prices higher https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-rises-more-us1-escalation-us-iran-strikes-unnerve-traders Wed, 10 Jun 2026 22:07:21 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/oil-rises-more-us1-escalation-us-iran-strikes-unnerve-traders Global oil consumption is roughly 100 million barrels per day https://www.businesstimes.com.sg/companies-markets/energy-commodities/malaysia-palm-reserves-jump-most-five-months-after-sharp-drop-exports Wed, 10 Jun 2026 11:37:24 +0000 Energy & Commodities Asean Companies & Markets International /companies-markets/energy-commodities/malaysia-palm-reserves-jump-most-five-months-after-sharp-drop-exports The fall is from buyers flocking to discounted Indonesian cargoes after Jakarta’s overhaul of key commodity exports https://www.businesstimes.com.sg/international/asean/malaysia-says-it-seeking-new-sources-fuel-amid-energy-crunch Wed, 10 Jun 2026 09:13:35 +0000 Asean Companies & Markets Energy & Commodities International /international/asean/malaysia-says-it-seeking-new-sources-fuel-amid-energy-crunch Its minister said the country’s energy reserves were sufficient until the end of July https://www.businesstimes.com.sg/international/china-taps-commercial-oil-stockpiles-help-weather-gulf-shock Wed, 10 Jun 2026 08:04:12 +0000 International Companies & Markets Energy & Commodities /international/china-taps-commercial-oil-stockpiles-help-weather-gulf-shock Analytics companies expect inventory draws to average about one million barrels a day in the coming months https://www.businesstimes.com.sg/companies-markets/energy-commodities/malaysias-petronas-signs-20-year-lng-supply-deal-japans-jera Wed, 10 Jun 2026 04:34:30 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/malaysias-petronas-signs-20-year-lng-supply-deal-japans-jera The agreement will begin in 2028