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/mcdonalds-value-push-and-bigger-burgers-drive-larger-orders Thu, 07 May 2026 13:12:17 +0000 International Companies & Markets Consumer & Healthcare /international/mcdonalds-value-push-and-bigger-burgers-drive-larger-orders Its results show a rebound from a year ago https://www.businesstimes.com.sg/international/global/chinas-may-day-overall-tourism-activity-rises-travellers-are-cautious Thu, 07 May 2026 12:27:31 +0000 Global International /international/global/chinas-may-day-overall-tourism-activity-rises-travellers-are-cautious Its holiday periods have been marked by increased domestic travel but per capita spending has lagged https://www.businesstimes.com.sg/international/global/us-and-iran-inch-towards-short-term-deal-end-fighting Thu, 07 May 2026 11:12:20 +0000 Global International /international/global/us-and-iran-inch-towards-short-term-deal-end-fighting The emerging agreement centres on a memorandum rather than a comprehensive plan for peace, sources say https://www.businesstimes.com.sg/international/asean-leaders-seek-bring-regional-trade-pact-force-year-amid-middle-east-pressures Thu, 07 May 2026 09:54:41 +0000 Tessa Oh International /international/asean-leaders-seek-bring-regional-trade-pact-force-year-amid-middle-east-pressures They want to expedite the process to get the Upgraded Asean Trade in Goods Agreement to take effect https://www.businesstimes.com.sg/international/global/two-indian-conglomerates-plow-us1-billion-ev-battery-tech Thu, 07 May 2026 09:32:35 +0000 Global Companies & Markets International Transport & Logistics /international/global/two-indian-conglomerates-plow-us1-billion-ev-battery-tech Beijing has become more selective about transferring advanced battery and EV technologies https://www.businesstimes.com.sg/international/global/asias-tech-giants-give-ai-bull-run-new-centre-gravity Thu, 07 May 2026 09:24:47 +0000 Global International /international/global/asias-tech-giants-give-ai-bull-run-new-centre-gravity Retail, institutional investors drive record buying, with leveraged bets https://www.businesstimes.com.sg/international/asean/thai-cambodian-leaders-meet-asean-sidelines-amid-uneasy-truce Thu, 07 May 2026 08:31:45 +0000 Asean International /international/asean/thai-cambodian-leaders-meet-asean-sidelines-amid-uneasy-truce Cambodia has repeatedly accused Thailand of ceasefire violations and of occupying disputed border territory https://www.businesstimes.com.sg/international/global/asian-bond-issuers-rush-market-iran-hopes-tighten-spreads Thu, 07 May 2026 08:21:33 +0000 Global International /international/global/asian-bond-issuers-rush-market-iran-hopes-tighten-spreads The credit rally mirrors a broader rebound in regional risk assets as optimism grows over a potential US-Iran deal https://www.businesstimes.com.sg/international/asean/malaysia-moves-curb-ev-imports-blow-chinese-automakers Thu, 07 May 2026 07:38:09 +0000 Asean International /international/asean/malaysia-moves-curb-ev-imports-blow-chinese-automakers The new regulations effectively increase the minimum retail price of fully imported EVs https://www.businesstimes.com.sg/international/asean/bank-negara-malaysia-holds-key-rate-steady-flags-risks-middle-east-crisis Thu, 07 May 2026 07:17:50 +0000 Asean Banking & Finance Companies & Markets International /international/asean/bank-negara-malaysia-holds-key-rate-steady-flags-risks-middle-east-crisis The latest indicators show the country’s Q1 growth momentum continues, driven by domestic demand and strong exports https://www.businesstimes.com.sg/international/trump-adjacent-populism-surges-australia-pauline-hanson-cashes Thu, 07 May 2026 06:47:36 +0000 International /international/trump-adjacent-populism-surges-australia-pauline-hanson-cashes According to polls, Hanson has a higher personal approval rating than PM Albanese or conservative opposition leader Angus Taylor https://www.businesstimes.com.sg/international/global/humanoid-robots-power-next-leg-chinas-export-dominance Thu, 07 May 2026 05:50:48 +0000 Global Companies & Markets International Telcos, Media & Tech /international/global/humanoid-robots-power-next-leg-chinas-export-dominance Like with EVs, the Asian nation is building out capacity across the robotics supply chain https://www.businesstimes.com.sg/international/new-zealand-takes-next-steps-charge-foreign-tourists-more Thu, 07 May 2026 04:50:55 +0000 International /international/new-zealand-takes-next-steps-charge-foreign-tourists-more The government expects to raise around NZ$60 million a year from the charges https://www.businesstimes.com.sg/companies-markets/energy-commodities/australia-requires-lng-exporters-reserve-20-gas-east-coast-market Thu, 07 May 2026 04:04:07 +0000 Energy & Commodities Companies & Markets International /companies-markets/energy-commodities/australia-requires-lng-exporters-reserve-20-gas-east-coast-market The scheme will apply from July next year and replace a range of current gas market interventions https://www.businesstimes.com.sg/international/eu-countries-lawmakers-clinch-provisional-deal-watered-down-ai-rules Thu, 07 May 2026 04:03:28 +0000 International /international/eu-countries-lawmakers-clinch-provisional-deal-watered-down-ai-rules The changes to the AI Act are part of the European Commission’s push to simplify a slew of new digital rules https://www.businesstimes.com.sg/international/asean/i-feel-so-stupid-how-young-indonesians-get-stuck-debt-treadmill Thu, 07 May 2026 03:32:19 +0000 Asean International /international/asean/i-feel-so-stupid-how-young-indonesians-get-stuck-debt-treadmill Online peer-to-peer lending, commonly known in Indonesian as pinjol, short for pinjaman (loan) online, is a booming industry https://www.businesstimes.com.sg/international/asean/fragile-philippines-battered-oil-shock-iran-war-hits-asia Thu, 07 May 2026 03:01:56 +0000 Asean International /international/asean/fragile-philippines-battered-oil-shock-iran-war-hits-asia The country also faces threats from a looming El Nino, which risks driving up food costs further https://www.businesstimes.com.sg/international/chinese-consumers-open-wallets-malaise-lifted-during-holidays Thu, 07 May 2026 02:47:18 +0000 International /international/chinese-consumers-open-wallets-malaise-lifted-during-holidays The five-day Labor Day break see a 14.3% jump in consumer sales from the same holiday last year https://www.businesstimes.com.sg/international/global/sony-singapores-gic-pay-almost-us4-billion-bieber-neil-young-catalogue Thu, 07 May 2026 00:32:30 +0000 Global International Lifestyle /international/global/sony-singapores-gic-pay-almost-us4-billion-bieber-neil-young-catalogue The deal is believed to be one of the largest such deals in music history https://www.businesstimes.com.sg/international/chinese-exporters-numb-us-threats-trump-set-visit Thu, 07 May 2026 00:20:04 +0000 International /international/chinese-exporters-numb-us-threats-trump-set-visit China ended 2025 with a record trade surplus of US$1.2 trillion https://www.businesstimes.com.sg/international/global/trump-sees-swift-end-war-iran-reviews-us-peace-proposal Wed, 06 May 2026 23:39:00 +0000 Global International /international/global/trump-sees-swift-end-war-iran-reviews-us-peace-proposal An Iranian spokesperson described the proposal as ‘more of an American wish-list than a reality’ https://www.businesstimes.com.sg/international/global/dim-sum-chain-tim-ho-wan-ramps-north-america-hong-kong-expansion-after-jollibee-acquisition Wed, 06 May 2026 23:00:00 +0000 Paige Lim Global Companies & Markets Consumer & Healthcare International New Articles /international/global/dim-sum-chain-tim-ho-wan-ramps-north-america-hong-kong-expansion-after-jollibee-acquisition Joining the Jollibee Group has boosted the brand’s global scalability. It has also adopted stronger SOPs that can be replicated across markets https://www.businesstimes.com.sg/international/trump-tariff-refunds-start-hitting-importers-bank-accounts Wed, 06 May 2026 22:33:31 +0000 International /international/trump-tariff-refunds-start-hitting-importers-bank-accounts The refund payments mark a milestone in the fierce legal fight over one of the president’s signature economic policies https://www.businesstimes.com.sg/international/ted-turner-outspoken-founder-cnn-dies-87 Wed, 06 May 2026 15:14:10 +0000 International Companies & Markets Telcos, Media & Tech /international/ted-turner-outspoken-founder-cnn-dies-87 One of the most powerful figures in US media, his networks specialised in news, sports, re-runs and old movies https://www.businesstimes.com.sg/international/us-firms-add-109000-jobs-most-early-2025-adp-says Wed, 06 May 2026 13:50:49 +0000 International /international/us-firms-add-109000-jobs-most-early-2025-adp-says Employment growth was fuelled by businesses with fewer than 20 employees and those with 500 or more https://www.businesstimes.com.sg/international/global/iran-says-it-reviewing-new-us-proposal-after-sources-say-sides-closing-deal Wed, 06 May 2026 12:30:33 +0000 Global International /international/global/iran-says-it-reviewing-new-us-proposal-after-sources-say-sides-closing-deal If both sides agree on a preliminary deal, they will begin 30 days of detailed negotiations to reach a full agreement https://www.businesstimes.com.sg/international/global/us-adopt-25-car-levy-soon-unless-eu-clears-trade-deal Wed, 06 May 2026 09:49:59 +0000 Global International /international/global/us-adopt-25-car-levy-soon-unless-eu-clears-trade-deal President Donald Trump is accusing the bloc of taking too long to ratify the agreement https://www.businesstimes.com.sg/international/trump-says-xi-has-been-respectful-iran-downplaying-strains Wed, 06 May 2026 09:48:32 +0000 International /international/trump-says-xi-has-been-respectful-iran-downplaying-strains US PRESIDENT Donald Trump said he would discuss the Iran war with Chinese counterpart Xi Jinping during their summit next week and... https://www.businesstimes.com.sg/international/uk-services-firms-report-sharpest-rise-costs-late-2022 Wed, 06 May 2026 09:08:59 +0000 International /international/uk-services-firms-report-sharpest-rise-costs-late-2022 Firms remain concerned about the economic outlook and inflationary pressures caused by the Iran war https://www.businesstimes.com.sg/international/euro-zone-services-activity-slumps-april-weak-demand-pmi-shows Wed, 06 May 2026 08:29:04 +0000 International /international/euro-zone-services-activity-slumps-april-weak-demand-pmi-shows [LONDON] Euro zone services activity contracted in April for the first time in almost a year, hit by weakening demand and deteriorating... https://www.businesstimes.com.sg/international/asean/thailand-approves-958-billion-baht-investment-projects-including-tiktok Wed, 06 May 2026 08:26:44 +0000 Asean International /international/asean/thailand-approves-958-billion-baht-investment-projects-including-tiktok The approvals include a large-scale data infrastructure expansion by a local unit of TikTok valued at 842 billion baht https://www.businesstimes.com.sg/wealth/wealth-investing/saudi-wealth-fund-pif-opens-shanghai-office-facilitate-china-dealmaking Wed, 06 May 2026 08:09:56 +0000 Wealth & Investing Global International Wealth /wealth/wealth-investing/saudi-wealth-fund-pif-opens-shanghai-office-facilitate-china-dealmaking The plans will deepen Riyadh’s ties with Beijing https://www.businesstimes.com.sg/international/global/new-zealand-eyes-fuel-storage-options-singapore-and-malaysia Wed, 06 May 2026 06:07:59 +0000 Global International /international/global/new-zealand-eyes-fuel-storage-options-singapore-and-malaysia The government data shows fuel stocks have declined slightly, with less than 50 days of demand cover for petrol and diesel https://www.businesstimes.com.sg/international/global/embrace-ai-or-get-left-behind-job-cuts-sweep-through-crypto-firms Wed, 06 May 2026 05:58:30 +0000 Global Banking & Finance Companies & Markets Crypto & Alternative Assets International Wealth /international/global/embrace-ai-or-get-left-behind-job-cuts-sweep-through-crypto-firms Bitcoin is down about one-third since hitting a peak in October https://www.businesstimes.com.sg/international/asean/thailands-headline-inflation-2-89-april-highest-rate-more-3-years Wed, 06 May 2026 04:44:14 +0000 Asean International /international/asean/thailands-headline-inflation-2-89-april-highest-rate-more-3-years The ministry maintains its full-year inflation forecast of 1.5% to 2.5% https://www.businesstimes.com.sg/international/us-unveiled-plan-reopen-strait-hormuz-hours-trump-shelved-it Wed, 06 May 2026 04:40:50 +0000 International /international/us-unveiled-plan-reopen-strait-hormuz-hours-trump-shelved-it The US president’s under increasing pressure to end a war that’s grown increasingly unpopular https://www.businesstimes.com.sg/international/asean/malaysias-anti-graft-agency-vows-recover-more-high-value-art-bought-1mdb-scandal-funds Wed, 06 May 2026 04:14:07 +0000 Asean International Lifestyle /international/asean/malaysias-anti-graft-agency-vows-recover-more-high-value-art-bought-1mdb-scandal-funds Authorities say the artworks may go on public display at national art gallery and could then be auctioned for sale https://www.businesstimes.com.sg/international/us-industries-trade-groups-split-over-trumps-tariff-probe-excess-factory-capacity Wed, 06 May 2026 03:42:17 +0000 International /international/us-industries-trade-groups-split-over-trumps-tariff-probe-excess-factory-capacity China is the main source of excess steel capacity, producing more than India, America, Japan and Russia combined https://www.businesstimes.com.sg/international/asean/hanoi-orders-20-surge-ip-enforcement-cases-may-after-us-warning Wed, 06 May 2026 03:32:11 +0000 Jamille Tran Asean International New Articles /international/asean/hanoi-orders-20-surge-ip-enforcement-cases-may-after-us-warning This is part of a nationwide campaign to combat intellectual property violations https://www.businesstimes.com.sg/international/asean/indonesia-tightens-rule-fx-purchases-after-rupiah-hit-new-record-low Wed, 06 May 2026 03:06:03 +0000 Asean Capital Markets & Currencies Companies & Markets International /international/asean/indonesia-tightens-rule-fx-purchases-after-rupiah-hit-new-record-low The currency has fallen about 4% this year against the US dollar https://www.businesstimes.com.sg/international/australia-unveils-10-billion-fuel-security-plan-push-after-iran-war-supply-shock Wed, 06 May 2026 02:09:04 +0000 International /international/australia-unveils-10-billion-fuel-security-plan-push-after-iran-war-supply-shock The country holds among the lowest stockpiles in the developed world https://www.businesstimes.com.sg/international/china-services-activity-grows-faster-rate-april-private-pmi Wed, 06 May 2026 02:04:02 +0000 International /international/china-services-activity-grows-faster-rate-april-private-pmi The country’s export engine has shown signs of strain, while retail sales and industrial output have cooled https://www.businesstimes.com.sg/international/global/samsung-hits-us1-trillion-valuation-joining-tsmc-elite-club Wed, 06 May 2026 00:49:47 +0000 Global Companies & Markets International Telcos, Media & Tech /international/global/samsung-hits-us1-trillion-valuation-joining-tsmc-elite-club Just days ago, the South Korean company’s semiconductor arm brought in historic profit over the March quarter https://www.businesstimes.com.sg/international/south-koreas-inflation-accelerates-higher-oil-price-impact Wed, 06 May 2026 00:16:55 +0000 International /international/south-koreas-inflation-accelerates-higher-oil-price-impact Policymakers have kept the benchmark rate at 2.5% since July last year https://www.businesstimes.com.sg/international/new-zealand-jobless-rate-falls-5-3-q1-labour-market-remains-slack Wed, 06 May 2026 00:04:33 +0000 International /international/new-zealand-jobless-rate-falls-5-3-q1-labour-market-remains-slack Economists expect the impact of the Middle East crisis to lag in the employment market https://www.businesstimes.com.sg/international/chinas-regional-slowdown-painful-necessary Wed, 06 May 2026 00:00:00 +0000 International /international/chinas-regional-slowdown-painful-necessary Many regions see Q1 growth lag national averages and slow markedly compared with last year https://www.businesstimes.com.sg/international/global/trump-says-reopening-strait-hormuz-paused-even-ceasefire-remains Tue, 05 May 2026 23:11:34 +0000 Global International /international/global/trump-says-reopening-strait-hormuz-paused-even-ceasefire-remains About 1,600 ships remain stranded in dangerous conditions at the strait https://www.businesstimes.com.sg/international/us-job-openings-drop-march-hires-increase-sharply Tue, 05 May 2026 14:54:29 +0000 International /international/us-job-openings-drop-march-hires-increase-sharply Economists see growing downside risks to the labour market from the US-Israeli war https://www.businesstimes.com.sg/international/secret-service-officers-shoot-gunman-near-white-house Tue, 05 May 2026 14:26:57 +0000 International /international/secret-service-officers-shoot-gunman-near-white-house The suspect’s condition was not disclosed https://www.businesstimes.com.sg/international/global/us-trade-gap-widened-march-imports-outpaced-exports Tue, 05 May 2026 13:46:51 +0000 Global International /international/global/us-trade-gap-widened-march-imports-outpaced-exports The value of imports rose 2.3 per cent, reflecting a rise in inbound shipments of motor vehicles and consumer goods https://www.businesstimes.com.sg/international/asean/thai-stocks-are-beating-peers-amid-volatility-analysts-warn-passive-asean-investing-punishing Tue, 05 May 2026 12:36:57 +0000 Chloe Lim Deon Loke Asean Global International /international/asean/thai-stocks-are-beating-peers-amid-volatility-analysts-warn-passive-asean-investing-punishing US’ monetary policy path, AI infrastructure spending, oil price volatility seen as factors that could affect indices in 2026 https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/japan-has-two-more-windows-yen-intervention-imf-rules Tue, 05 May 2026 11:23:43 +0000 Capital Markets & Currencies Companies & Markets International /companies-markets/capital-markets-currencies/japan-has-two-more-windows-yen-intervention-imf-rules Market participants anticipate the currency resuming its weakening trend with or without such manipulation https://www.businesstimes.com.sg/international/hong-kong-q1-gdp-expands-strongest-pace-nearly-five-years Tue, 05 May 2026 09:41:39 +0000 International /international/hong-kong-q1-gdp-expands-strongest-pace-nearly-five-years The government projects GDP growth of between 2.5%-3.5% for 2026 https://www.businesstimes.com.sg/international/alphabet-kicks-six-part-euro-debt-offering Tue, 05 May 2026 09:27:16 +0000 International Companies & Markets /international/alphabet-kicks-six-part-euro-debt-offering The company says it is planning as much as US$190 billion of capital expenditures in 2026 https://www.businesstimes.com.sg/international/global/us-says-iran-ceasefire-still-place-after-clashes-over-hormuz Tue, 05 May 2026 09:20:17 +0000 Global International /international/global/us-says-iran-ceasefire-still-place-after-clashes-over-hormuz At least two merchant vessels transited the waterway with US assistance https://www.businesstimes.com.sg/international/new-world-weighing-sale-stake-us2-billion-hk-hotel-portfolio-sources Tue, 05 May 2026 08:38:14 +0000 International /international/new-world-weighing-sale-stake-us2-billion-hk-hotel-portfolio-sources The potential buyers include Aravest, a Sumitomo Mitsui Finance & Leasing-backed real-estate manager https://www.businesstimes.com.sg/international/asean/indonesias-q1-growth-hits-3-year-high-momentum-seen-peaking Tue, 05 May 2026 07:17:05 +0000 Elisa Valenta Asean International /international/asean/indonesias-q1-growth-hits-3-year-high-momentum-seen-peaking The economy grew 5.6% year on year in the January-March period, its fastest pace since Q3 2022 https://www.businesstimes.com.sg/international/asean/south-east-asia-risks-missing-global-chip-boom-fab-investments-bypass-region Tue, 05 May 2026 06:14:25 +0000 Tan Ai Leng Asean International /international/asean/south-east-asia-risks-missing-global-chip-boom-fab-investments-bypass-region Only a handful of new plants planned as region races to move beyond back-end manufacturing https://www.businesstimes.com.sg/companies-markets/banking-finance/australias-central-bank-ramps-inflation-fight-third-rate-hike-year Tue, 05 May 2026 06:05:31 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/australias-central-bank-ramps-inflation-fight-third-rate-hike-year Markets price in further rate hikes, with peak seen at 4.60% by September https://www.businesstimes.com.sg/international/asean/thai-cabinet-approves-400-billion-baht-emergency-borrowing-decree-pm-anutin Tue, 05 May 2026 05:55:39 +0000 Asean International /international/asean/thai-cabinet-approves-400-billion-baht-emergency-borrowing-decree-pm-anutin All of the borrowing will be sourced from within the country https://www.businesstimes.com.sg/international/global/chinas-carmakers-chase-yaris-moment-ignite-overseas-growth Tue, 05 May 2026 05:37:48 +0000 Global Companies & Markets International Transport & Logistics /international/global/chinas-carmakers-chase-yaris-moment-ignite-overseas-growth Overseas markets offer room to grow – and to charge more – if Chinese brands can persuade consumers they understand local... https://www.businesstimes.com.sg/international/global/blast-fireworks-factory-chinas-hunan-kills-least-21-president-xi-calls-probe Tue, 05 May 2026 04:00:58 +0000 Global International /international/global/blast-fireworks-factory-chinas-hunan-kills-least-21-president-xi-calls-probe Nearly 500 firefighters, rescuers and medical personnel were at the scene https://www.businesstimes.com.sg/international/asean/casinos-karaoke-bars-set-benefit-vietnam-licence-reform Tue, 05 May 2026 03:27:06 +0000 Asean International /international/asean/casinos-karaoke-bars-set-benefit-vietnam-licence-reform It is the latest step to cut red tape, speed up approvals, and shrink the bureaucracy https://www.businesstimes.com.sg/international/global/china-uses-anti-sanctions-law-counter-us-blacklisting-refiners-bought-iranian-crude Tue, 05 May 2026 03:19:16 +0000 Global International /international/global/china-uses-anti-sanctions-law-counter-us-blacklisting-refiners-bought-iranian-crude This comes less than two weeks before US President Donald Trump is due to visit Beijing https://www.businesstimes.com.sg/international/asean/grab-retool-indonesia-after-abrupt-cut-ride-hailing-commissions Tue, 05 May 2026 02:37:39 +0000 Asean International /international/asean/grab-retool-indonesia-after-abrupt-cut-ride-hailing-commissions Indonesia is South-east Asia’s biggest ride-hailing market, with millions of drivers relying on app-based transport and delivery services https://www.businesstimes.com.sg/international/asean/ayalas-acen-slows-funding-push-after-profit-slump-shelved-rights-offer Tue, 05 May 2026 02:33:46 +0000 Asean International /international/asean/ayalas-acen-slows-funding-push-after-profit-slump-shelved-rights-offer The clean-energy player is shifting from rapid expansion to disciplined execution https://www.businesstimes.com.sg/international/asean/philippines-may-need-larger-rate-hike-inflation-soars-past-7 Tue, 05 May 2026 02:12:08 +0000 Asean Banking & Finance Companies & Markets International /international/asean/philippines-may-need-larger-rate-hike-inflation-soars-past-7 The BSP has warned that a prolonged oil price shock could disanchor inflation expectations https://www.businesstimes.com.sg/international/trump-says-he-looks-forward-xi-summit-even-tensions-mount Tue, 05 May 2026 01:36:27 +0000 International /international/trump-says-he-looks-forward-xi-summit-even-tensions-mount The two leaders are slated to meet next week, on May 14 to 15 in Beijing https://www.businesstimes.com.sg/wealth/us1-14-million-trade-sparked-hong-kongs-segantii-insider-trading-trial Tue, 05 May 2026 01:30:46 +0000 Wealth International /wealth/us1-14-million-trade-sparked-hong-kongs-segantii-insider-trading-trial The court case is expected to run for about a month, will put the company under a microscope https://www.businesstimes.com.sg/international/global/asia-battles-rising-uneven-toll-energy-crisis-caused-iran-war Tue, 05 May 2026 01:09:11 +0000 Global International /international/global/asia-battles-rising-uneven-toll-energy-crisis-caused-iran-war Fiscal strains are mounting across the region, particularly South Asia https://www.businesstimes.com.sg/international/modi-clinches-big-wins-key-opponents-ousted-state-polls Tue, 05 May 2026 01:06:36 +0000 International /international/modi-clinches-big-wins-key-opponents-ousted-state-polls The BJP has won control of the national capital, Delhi, after more than two decades https://www.businesstimes.com.sg/international/global/south-korea-probe-ship-fire-strait-hormuz-trump-blames-iranian-attack Tue, 05 May 2026 00:31:13 +0000 Global International /international/global/south-korea-probe-ship-fire-strait-hormuz-trump-blames-iranian-attack Trump calls on South Korea to join US operation to open Hormuz to shipping https://www.businesstimes.com.sg/international/imf-chief-georgieva-warns-much-worse-outcome-if-middle-east-war-drags-2027 Mon, 04 May 2026 23:17:30 +0000 International /international/imf-chief-georgieva-warns-much-worse-outcome-if-middle-east-war-drags-2027 The adverse scenario forecast global growth slowing to 2.5% in 2026 and headline inflation of 5.4% https://www.businesstimes.com.sg/international/global/us-and-iran-launch-new-attacks-they-wrestle-control-hormuz-strait Mon, 04 May 2026 22:52:23 +0000 Global International /international/global/us-and-iran-launch-new-attacks-they-wrestle-control-hormuz-strait Several merchant ships in the Gulf reported explosions or fires; UAE oil port ablaze after Iranian strike https://www.businesstimes.com.sg/international/us-says-it-has-missile-destroyers-gulf-and-two-american-ships-have-crossed-strait-hormuz Mon, 04 May 2026 11:33:23 +0000 International /international/us-says-it-has-missile-destroyers-gulf-and-two-american-ships-have-crossed-strait-hormuz Iran claims to have forced an American warship to turn back from the crucial waterway, though US Central Command denies a report... https://www.businesstimes.com.sg/international/asean/indonesias-fee-cap-threatens-ride-hailing-profits-clouds-outlook-grab-goto Mon, 04 May 2026 10:35:05 +0000 Elisa Valenta Asean International /international/asean/indonesias-fee-cap-threatens-ride-hailing-profits-clouds-outlook-grab-goto Analysts say the policy could dampen investor sentiment – just as ride-hailing firms are beginning to turn a profit https://www.businesstimes.com.sg/international/global/eurozone-companies-expect-new-inflation-surge-if-war-lasts-months-ecb-poll Mon, 04 May 2026 10:14:32 +0000 Global International /international/global/eurozone-companies-expect-new-inflation-surge-if-war-lasts-months-ecb-poll Businesses are raising their prices or announcing hikes, reflecting the surge in oil prices, the survey finds https://www.businesstimes.com.sg/wealth/wealth-investing/worlds-super-rich-boost-conflict-economy-wagers-amid-iran-war Mon, 04 May 2026 09:42:22 +0000 Wealth & Investing Global International Wealth /wealth/wealth-investing/worlds-super-rich-boost-conflict-economy-wagers-amid-iran-war Billionaires are already pocketing outsized gains from the financial shocks https://www.businesstimes.com.sg/international/former-new-york-city-mayor-giuliani-critical-condition-trump-says Mon, 04 May 2026 08:50:31 +0000 International /international/former-new-york-city-mayor-giuliani-critical-condition-trump-says His ailment was not specified https://www.businesstimes.com.sg/international/asean/airasia-close-ordering-about-150-airbus-short-haul-planes Mon, 04 May 2026 08:40:54 +0000 Asean International /international/asean/airasia-close-ordering-about-150-airbus-short-haul-planes The clinching of such an order would represent a victory for Airbus’ smallest commercial jet https://www.businesstimes.com.sg/international/asean/vietnams-growth-push-squeezed-inflation-hits-six-year-high-trade-gap-30-year-peak Mon, 04 May 2026 08:19:27 +0000 Jamille Tran Asean International New Articles /international/asean/vietnams-growth-push-squeezed-inflation-hits-six-year-high-trade-gap-30-year-peak The latest data, amid a softening currency, could pile pressure on policymakers, analysts say https://www.businesstimes.com.sg/international/asean/indonesias-march-trade-surplus-expands-us3-32-billion-april-inflation-eases-2-42 Mon, 04 May 2026 05:53:37 +0000 Asean International /international/asean/indonesias-march-trade-surplus-expands-us3-32-billion-april-inflation-eases-2-42 The central bank has said inflation is expected within its 1.5 to 3.5 per cent target range until 2027 https://www.businesstimes.com.sg/international/global/three-die-atlantic-cruise-ship-suspected-hantavirus-who-investigating-outbreak Mon, 04 May 2026 03:12:39 +0000 Global International /international/global/three-die-atlantic-cruise-ship-suspected-hantavirus-who-investigating-outbreak A Dutch foreign ministry spokesperson confirmed that two Dutch passengers had died https://www.businesstimes.com.sg/international/global/trump-says-he-will-raise-tariff-autos-european-union-25 Mon, 04 May 2026 02:49:21 +0000 Global International /international/global/trump-says-he-will-raise-tariff-autos-european-union-25 EU officials criticise move as arbitrary, warn of firm response https://www.businesstimes.com.sg/international/modis-party-takes-early-lead-vote-results-key-state Mon, 04 May 2026 02:41:19 +0000 International /international/modis-party-takes-early-lead-vote-results-key-state The Bharatiya Janata Party is leading in 76 seats in the state legislature https://www.businesstimes.com.sg/international/asean/us-brands-stumble-china-wins-over-young-indonesians Mon, 04 May 2026 01:14:41 +0000 Asean Companies & Markets Consumer & Healthcare International /international/asean/us-brands-stumble-china-wins-over-young-indonesians Chinese firms are now selling more of everything abroad, sending a tsunami of exports into every corner of the world, but especially... https://www.businesstimes.com.sg/international/global/chinas-rare-defiance-us-sanctions-sparks-showdown-over-banks Sun, 03 May 2026 23:43:16 +0000 Global Companies & Markets Energy & Commodities International /international/global/chinas-rare-defiance-us-sanctions-sparks-showdown-over-banks The Asian nation has long been the single largest buyer of Teheran’s oil shipments https://www.businesstimes.com.sg/international/asean/indonesias-ev-dream-hits-bump-government-claws-back-tax-perks Sun, 03 May 2026 23:00:00 +0000 Elisa Valenta Asean International /international/asean/indonesias-ev-dream-hits-bump-government-claws-back-tax-perks The zero-tax mandate removal could undermine the country’s energy transition goals, say analysts https://www.businesstimes.com.sg/international/global/global-drive-chinese-tech-firm-behind-singapore-autonomous-public-bus-trial-eyes-further-fields Sun, 03 May 2026 23:00:00 +0000 Global International /international/global/global-drive-chinese-tech-firm-behind-singapore-autonomous-public-bus-trial-eyes-further-fields Mogox’s self-developed tech will be deployed on two Singapore routes in the latter half of 2026 https://www.businesstimes.com.sg/international/baltic-exchange-shipping-insights67 Sun, 03 May 2026 23:00:00 +0000 International /international/baltic-exchange-shipping-insights67 A roundup of the week’s tanker and dry bulk market (May 1, 2026) https://www.businesstimes.com.sg/international/global/iran-warns-us-navy-stay-clear-hormuz-after-trump-says-us-help-stranded-ships Sun, 03 May 2026 22:51:51 +0000 Global International /international/global/iran-warns-us-navy-stay-clear-hormuz-after-trump-says-us-help-stranded-ships A tanker was reportedly hit by unknown projectiles in the strait soon after Trump’s comments https://www.businesstimes.com.sg/international/iran-says-it-has-received-us-response-its-latest-offer-talks Sun, 03 May 2026 21:53:51 +0000 International /international/iran-says-it-has-received-us-response-its-latest-offer-talks Washington wants Teheran to give up its stockpile of more than 400 kg of highly enriched uranium https://www.businesstimes.com.sg/international/us-oil-supplier-last-resort-hormuz-disruptions-worsen Sun, 03 May 2026 15:42:26 +0000 International /international/us-oil-supplier-last-resort-hormuz-disruptions-worsen Record American exports are testing limits – and voters are sure to question why so much crude is going to other markets https://www.businesstimes.com.sg/international/sgx-owned-baltic-exchange-sued-over-alleged-losses-due-oil-tanker-pricing Sun, 03 May 2026 14:33:05 +0000 International /international/sgx-owned-baltic-exchange-sued-over-alleged-losses-due-oil-tanker-pricing Mercuria Energy Group is suing SGX-owned Baltic Exchange over alleged losses due to distortions in a shipping benchmark https://www.businesstimes.com.sg/international/trump-casts-doubts-iran-peace-proposal-details-emerge Sun, 03 May 2026 12:53:17 +0000 International /international/trump-casts-doubts-iran-peace-proposal-details-emerge The plan reiterates Teheran’s earlier demands, including that US forces withdraw and a maritime blockade be lifted: Iranian news agency https://www.businesstimes.com.sg/international/adb-launches-us70-billion-plan-energy-digital-infrastructure-apac Sun, 03 May 2026 12:05:02 +0000 International /international/adb-launches-us70-billion-plan-energy-digital-infrastructure-apac The development bank intends to finance at least half the cost of the initiatives itself https://www.businesstimes.com.sg/international/global/companies-cannot-fire-workers-replace-them-ai-china-courts-rule Sun, 03 May 2026 08:03:24 +0000 Global International /international/global/companies-cannot-fire-workers-replace-them-ai-china-courts-rule If AI restructuring is necessary, corporations should prioritise retraining staff https://www.businesstimes.com.sg/international/trumps-planned-us-troop-drawdown-germany-questioned-allies-home-nato Sun, 03 May 2026 06:22:34 +0000 International Global /international/trumps-planned-us-troop-drawdown-germany-questioned-allies-home-nato Nato said it was working with the US to understand the details of the decision https://www.businesstimes.com.sg/international/chinese-firm-uses-employee-data-build-ai-worker-stoking-job-security-debate Sun, 03 May 2026 06:00:00 +0000 International Global /international/chinese-firm-uses-employee-data-build-ai-worker-stoking-job-security-debate In some cases, firms secretly record workflows to create skill files and then use those as grounds for layoffs https://www.businesstimes.com.sg/international/iran-juggles-oil-cuts-and-storage-strain-resist-us-blockade-around-hormuz Sun, 03 May 2026 03:56:16 +0000 International Global /international/iran-juggles-oil-cuts-and-storage-strain-resist-us-blockade-around-hormuz Teheran is drawing on a time-tested playbook to prolong the standoff and raise costs for Washington