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/us-denies-iran-report-draft-peace-deal-reopen-strait-hormuz Wed, 27 May 2026 14:24:20 +0000 International /international/us-denies-iran-report-draft-peace-deal-reopen-strait-hormuz The document is ‘a complete fabrication’, says the White House https://www.businesstimes.com.sg/companies-markets/energy-commodities/aluminium-price-spike-middle-east-war-fans-costs-us-solar-industry Wed, 27 May 2026 13:29:04 +0000 Energy & Commodities Companies & Markets ESG International /companies-markets/energy-commodities/aluminium-price-spike-middle-east-war-fans-costs-us-solar-industry Higher installation costs are expected to trickle down to consumers https://www.businesstimes.com.sg/companies-markets/indigo-air-india-cut-june-july-domestic-flights-amid-high-jet-fuel-prices-sources Wed, 27 May 2026 12:58:06 +0000 Companies & Markets International Transport & Logistics /companies-markets/indigo-air-india-cut-june-july-domestic-flights-amid-high-jet-fuel-prices-sources Reductions highlight the vulnerability of the South Asian nation’s aviation industry to external shocks https://www.businesstimes.com.sg/international/germany-spain-push-back-european-plan-ban-huawei-gear Wed, 27 May 2026 11:27:41 +0000 International Companies & Markets Startups & Tech Technology /international/germany-spain-push-back-european-plan-ban-huawei-gear Officials from the countries fear retaliation from Beijing, sources say https://www.businesstimes.com.sg/companies-markets/banking-finance/hong-kong-banks-tighten-scrutiny-chinese-clients-after-trading-curbs Wed, 27 May 2026 11:06:06 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/hong-kong-banks-tighten-scrutiny-chinese-clients-after-trading-curbs Lenders have also raised the threshold for mainland applicants seeking savings accounts https://www.businesstimes.com.sg/international/europe-heat-wave-triggers-tropical-nights-and-soaring-fan-sales Wed, 27 May 2026 10:06:53 +0000 International /international/europe-heat-wave-triggers-tropical-nights-and-soaring-fan-sales The searing start to the season is intensifying concerns about how climate change is spurring more extreme weather impacts https://www.businesstimes.com.sg/international/global-fuel-crisis-adds-urgency-cambodian-push-tap-us300-billion-energy-resources Wed, 27 May 2026 09:37:03 +0000 International /international/global-fuel-crisis-adds-urgency-cambodian-push-tap-us300-billion-energy-resources Phnom Penh urges swift resolution of maritime row with Thailand to unlock assets; majors interested, but there are capacity challenges, minister says https://www.businesstimes.com.sg/international/hong-kong-overtakes-switzerland-top-offshore-wealth-hub Wed, 27 May 2026 08:56:52 +0000 International Wealth /international/hong-kong-overtakes-switzerland-top-offshore-wealth-hub This comes as global private fortunes expand at their fastest clip since 2021 https://www.businesstimes.com.sg/international/hong-kong-home-prices-extend-rising-streak-april Wed, 27 May 2026 08:49:28 +0000 International Property /international/hong-kong-home-prices-extend-rising-streak-april Mainland Chinese account for more than a quarter of all housing purchases during the month https://www.businesstimes.com.sg/international/thai-housing-demand-recovering-outlook-clouded-energy-shock-risks Wed, 27 May 2026 08:37:47 +0000 International Property /international/thai-housing-demand-recovering-outlook-clouded-energy-shock-risks Rising power costs, soft domestic demand, pullback in foreign buying expected to weigh on the sector https://www.businesstimes.com.sg/international/business-usual-fakes-piracy-thrive-vietnam-us-tariff-deadline-nears Wed, 27 May 2026 08:01:51 +0000 International /international/business-usual-fakes-piracy-thrive-vietnam-us-tariff-deadline-nears Washington threatens probe; Hanoi launches crackdowns, but counterfeit trade persists https://www.businesstimes.com.sg/singapore/economy-policy/competing-value-not-cost-why-singapore-appeals-german-manufacturers Wed, 27 May 2026 07:00:00 +0000 Low Youjin Economy & Policy Asean International Singapore /singapore/economy-policy/competing-value-not-cost-why-singapore-appeals-german-manufacturers They increasingly view the city-state not just as a sales outpost, but also as a base to serve the rest of South-east... https://www.businesstimes.com.sg/companies-markets/blackrock-sees-merit-more-large-scale-mining-m Wed, 27 May 2026 03:52:29 +0000 Companies & Markets International /companies-markets/blackrock-sees-merit-more-large-scale-mining-m Major investments in supply are needed as commodity demand speeds up, says portfolio manager Olivia Markham https://www.businesstimes.com.sg/international/trump-administration-proposes-ndas-federal-workers-crack-down-leaks-journalists Wed, 27 May 2026 00:43:45 +0000 International /international/trump-administration-proposes-ndas-federal-workers-crack-down-leaks-journalists [WASHINGTON] US President Donald Trump’s administration on Tuesday (May 26) proposed giving federal agencies the option to require employees to sign non-disclosure... https://www.businesstimes.com.sg/international/american-airlines-equip-more-500-narrow-body-jets-starlink-wi-fi-2027 Tue, 26 May 2026 15:25:09 +0000 International /international/american-airlines-equip-more-500-narrow-body-jets-starlink-wi-fi-2027 Airlines around the world have rushed to equip their fleet with faster and more reliable in-flight Internet to win customers https://www.businesstimes.com.sg/international/us-consumer-confidence-ebbs-may-inflation-worries-mount Tue, 26 May 2026 14:40:16 +0000 International /international/us-consumer-confidence-ebbs-may-inflation-worries-mount Consumer confidence edged downward in May as the inflationary impacts of the war in the Middle East intensified https://www.businesstimes.com.sg/international/iran-says-new-us-strikes-violated-ceasefire Tue, 26 May 2026 12:50:31 +0000 International /international/iran-says-new-us-strikes-violated-ceasefire Attacks in the southern Hormozgan province are a ‘gross violation’ of the deal, it adds https://www.businesstimes.com.sg/international/eurozone-may-face-pockets-stress-private-credit-not-systemic-risk-ecb Tue, 26 May 2026 12:24:30 +0000 International /international/eurozone-may-face-pockets-stress-private-credit-not-systemic-risk-ecb Signs of underlying strain in such markets have been emerging in recent weeks, particularly in the US https://www.businesstimes.com.sg/international/mangos-jonathan-andic-steps-back-after-being-named-suspect-fathers-death Tue, 26 May 2026 12:21:31 +0000 International /international/mangos-jonathan-andic-steps-back-after-being-named-suspect-fathers-death He says fighting the charges will require time, effort and intense dedication https://www.businesstimes.com.sg/international/bitcoin-volatility-hits-nine-month-low-crypto-takes-breather Tue, 26 May 2026 12:18:01 +0000 International /international/bitcoin-volatility-hits-nine-month-low-crypto-takes-breather It struggles to break above US$80,000, down nearly 40% from its record high of more than US$126,000 in October 2025 https://www.businesstimes.com.sg/international/asean/wilmar-musim-mas-among-palm-oil-firms-indonesia-under-probe-suspected-export-under-invoicing Tue, 26 May 2026 10:33:13 +0000 Elisa Valenta Asean International /international/asean/wilmar-musim-mas-among-palm-oil-firms-indonesia-under-probe-suspected-export-under-invoicing The probe comes just days after Jakarta unveiled plans to tighten control over commodity exports https://www.businesstimes.com.sg/international/trump-and-warshs-fates-are-now-tied-better-or-worse Tue, 26 May 2026 10:16:58 +0000 International /international/trump-and-warshs-fates-are-now-tied-better-or-worse The new central bank chief is the pick of the US president, who will now own the results https://www.businesstimes.com.sg/international/quad-launches-indo-pacific-monitor-plan-hormuz-crisis-deepens Tue, 26 May 2026 09:56:41 +0000 International /international/quad-launches-indo-pacific-monitor-plan-hormuz-crisis-deepens The strategic grouping also intends to partner with Fiji on port infrastructure https://www.businesstimes.com.sg/international/china-expands-travel-curbs-top-ai-talent-private-firms Tue, 26 May 2026 09:49:07 +0000 International Companies & Markets Telcos, Media & Tech /international/china-expands-travel-curbs-top-ai-talent-private-firms The moves highlight how elite AI engineers are now seen as strategic assets to the country https://www.businesstimes.com.sg/international/rents-soar-londoners-turn-vacant-pubs-offices-and-police-stations Tue, 26 May 2026 09:40:21 +0000 International /international/rents-soar-londoners-turn-vacant-pubs-offices-and-police-stations Property guardianship, in which residents live in otherwise vacant buildings, used to be considered edgy. But more people are embracing the arrangement https://www.businesstimes.com.sg/international/bojs-new-trend-gauge-shows-inflation-exceeding-target Tue, 26 May 2026 08:55:58 +0000 International /international/bojs-new-trend-gauge-shows-inflation-exceeding-target At 2.8% in April, it is higher than 2.5% in March, the central bank reveals https://www.businesstimes.com.sg/companies-markets/energy-commodities/malaysia-jolts-bullion-trade-10-import-duty-gold-bars Tue, 26 May 2026 08:19:49 +0000 Energy & Commodities Companies & Markets International /companies-markets/energy-commodities/malaysia-jolts-bullion-trade-10-import-duty-gold-bars Malaysia imported around US$2.5 billion of non-monetary gold through April this year https://www.businesstimes.com.sg/companies-markets/banking-finance/sri-lanka-jolts-markets-outsized-100-bp-rate-hike-counter-gulf-crisis Tue, 26 May 2026 07:49:32 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/sri-lanka-jolts-markets-outsized-100-bp-rate-hike-counter-gulf-crisis The Central Bank raised the overnight policy rate to 8.75% from 7.75% https://www.businesstimes.com.sg/companies-markets/energy-commodities/indonesias-merdeka-gold-eyes-hong-kong-debut-rare-depositary-receipt-listing Tue, 26 May 2026 07:39:58 +0000 Energy & Commodities Asean Companies & Markets International /companies-markets/energy-commodities/indonesias-merdeka-gold-eyes-hong-kong-debut-rare-depositary-receipt-listing The surprise in the deal is the potential reboot of the instrument known as HDRs for the first time in 12 years https://www.businesstimes.com.sg/international/global/india-and-china-surge-ahead-nuclear-energy-all-eyes-aseans-next-move Tue, 26 May 2026 05:00:00 +0000 Sharanya Pillai Global Economy & Policy ESG International Singapore /international/global/india-and-china-surge-ahead-nuclear-energy-all-eyes-aseans-next-move The war in the Middle East beefs up the case for nuclear energy to underpin energy security https://www.businesstimes.com.sg/international/global/why-china-tightening-controls-overseas-stock-trading Tue, 26 May 2026 04:17:27 +0000 Global Capital Markets & Currencies Companies & Markets International /international/global/why-china-tightening-controls-overseas-stock-trading The move has already rattled brokerages and investors, and could reshape how mainland Chinese access foreign market https://www.businesstimes.com.sg/companies-markets/banking-finance/mufg-explores-options-stake-indonesias-danamon-including-take-private-deal-sources Tue, 26 May 2026 04:17:14 +0000 Banking & Finance Asean Companies & Markets International /companies-markets/banking-finance/mufg-explores-options-stake-indonesias-danamon-including-take-private-deal-sources Japan’s biggest financial institution is working with an adviser on a plan https://www.businesstimes.com.sg/international/asean/johor-property-old-hand-ksl-readies-family-handover-amid-market-boom Tue, 26 May 2026 03:03:58 +0000 Tan Ai Leng Asean International /international/asean/johor-property-old-hand-ksl-readies-family-handover-amid-market-boom The Khoo family’s younger members take on larger roles ahead of at least RM3.8 billion in launches this year https://www.businesstimes.com.sg/international/asean/indonesian-sovereign-wealth-fund-ina-joins-data-centre-boom Tue, 26 May 2026 02:36:55 +0000 Asean International /international/asean/indonesian-sovereign-wealth-fund-ina-joins-data-centre-boom The fund has deployed 74.5 trillion rupiah, with 30% going to digital infrastructure https://www.businesstimes.com.sg/international/iran-signals-potential-easing-internet-blackout-amid-us-talks Tue, 26 May 2026 02:10:57 +0000 International /international/iran-signals-potential-easing-internet-blackout-amid-us-talks Iranians have faced two separate episodes of severe digital isolation this year https://www.businesstimes.com.sg/international/scorching-asian-summer-will-add-risk-surging-gas-prices Tue, 26 May 2026 00:05:55 +0000 International Companies & Markets Energy & Commodities /international/scorching-asian-summer-will-add-risk-surging-gas-prices Forecasts currently point to hotter-than-normal summer temperatures in East Asia https://www.businesstimes.com.sg/international/chinese-tech-giants-dangle-record-pay-packets-court-singapore-trained-ai-graduates Mon, 25 May 2026 23:00:00 +0000 International Companies & Markets Telcos, Media & Tech /international/chinese-tech-giants-dangle-record-pay-packets-court-singapore-trained-ai-graduates China’s recruitment drive reflects a stark talent shortage in its all-important AI industry https://www.businesstimes.com.sg/international/global/us-forces-launch-fresh-strikes-targets-southern-iran-even-peace-talks-proceed Mon, 25 May 2026 22:50:48 +0000 Global International /international/global/us-forces-launch-fresh-strikes-targets-southern-iran-even-peace-talks-proceed US targets also included missile launch sites and boats attempting to lay mines https://www.businesstimes.com.sg/international/global/even-after-strait-hormuz-deal-moving-1500-ships-wont-be-easy Mon, 25 May 2026 22:31:38 +0000 Global Companies & Markets International Transport & Logistics /international/global/even-after-strait-hormuz-deal-moving-1500-ships-wont-be-easy For now, some in the shipping industry are sceptical about the prospects of a deal to reopen the strait https://www.businesstimes.com.sg/international/trump-links-abraham-accords-any-iran-deal-asks-muslim-nations-normalise-relations-israel Mon, 25 May 2026 15:27:55 +0000 International /international/trump-links-abraham-accords-any-iran-deal-asks-muslim-nations-normalise-relations-israel The Saudis and Qataris have said they will only recognise Israel if it agrees to Palestinian statehood https://www.businesstimes.com.sg/international/asean/eldest-son-vietnams-richest-man-steps-vinfast-chair Mon, 25 May 2026 13:58:29 +0000 Jamille Tran Asean International /international/asean/eldest-son-vietnams-richest-man-steps-vinfast-chair Pham Nhat Quan Anh’s elevation signals a leadership transition in the country’s most powerful business empire https://www.businesstimes.com.sg/international/global/us-iran-edge-closer-deal-still-need-negotiate-points Mon, 25 May 2026 13:05:40 +0000 Global International /international/global/us-iran-edge-closer-deal-still-need-negotiate-points Key sticking points include whether Iran will allow ships free passage through the Strait of Hormuz https://www.businesstimes.com.sg/international/pope-leo-warns-ai-should-be-prevented-dominating-humanity Mon, 25 May 2026 10:44:27 +0000 International Companies & Markets Telcos, Media & Tech /international/pope-leo-warns-ai-should-be-prevented-dominating-humanity POPE Leo XIV said artificial intelligence should be “disarmed” to protect humanity from its dangers, adding his voice to a heated debate... https://www.businesstimes.com.sg/international/global/japans-takaichi-unveils-3-trillion-yen-extra-budget-reassures-bond-issuance Mon, 25 May 2026 09:58:49 +0000 Global International /international/global/japans-takaichi-unveils-3-trillion-yen-extra-budget-reassures-bond-issuance This marks a reversal from Takaichi’s previous remarks ruling out the need for extra spending https://www.businesstimes.com.sg/international/malaysia-reports-fallout-iran-war-industries-get-hit Mon, 25 May 2026 08:19:48 +0000 International /international/malaysia-reports-fallout-iran-war-industries-get-hit Logistics, namely shipping costs to the Middle East, have jumped by 50% per cent to 80% https://www.businesstimes.com.sg/international/thailands-trade-deficit-hits-record-us10-billion-imports-soar Mon, 25 May 2026 08:02:43 +0000 International /international/thailands-trade-deficit-hits-record-us10-billion-imports-soar Exports, meanwhile, are up 23.1%, slightly above the median forecast https://www.businesstimes.com.sg/companies-markets/australian-shares-notch-two-week-closing-peak-middle-east-peace-hopes Mon, 25 May 2026 07:32:52 +0000 Companies & Markets International /companies-markets/australian-shares-notch-two-week-closing-peak-middle-east-peace-hopes [SYDNEY] Australian shares ended at a two-week high on Monday (May 25), led by commodity stocks as investors pinned hopes on a... https://www.businesstimes.com.sg/international/asean/vinhomes-lets-homebuyers-pay-gold-tapping-vietnams-vast-private-hoards Mon, 25 May 2026 06:18:50 +0000 Jamille Tran Asean International /international/asean/vinhomes-lets-homebuyers-pay-gold-tapping-vietnams-vast-private-hoards The country’s largest residential developer also offers 110% buyback options after five years https://www.businesstimes.com.sg/international/toshifumi-suzuki-who-transformed-7-eleven-chain-dies-93 Mon, 25 May 2026 03:45:06 +0000 International Lifestyle /international/toshifumi-suzuki-who-transformed-7-eleven-chain-dies-93 The group now has more than 85,000 stores dotting the globe, with about a quarter of them in Japan https://www.businesstimes.com.sg/international/china-uses-first-time-new-rules-counter-improper-foreign-jurisdiction-over-its-firms Mon, 25 May 2026 02:22:30 +0000 International /international/china-uses-first-time-new-rules-counter-improper-foreign-jurisdiction-over-its-firms In the years since, Beijing has further bolstered its toolkit with measures such as an anti-foreign sanctions law https://www.businesstimes.com.sg/companies-markets/energy-commodities/indonesia-eyes-commodity-export-policy-detail-roll-out-coming-weeks Mon, 25 May 2026 01:51:17 +0000 Energy & Commodities Asean Companies & Markets International /companies-markets/energy-commodities/indonesia-eyes-commodity-export-policy-detail-roll-out-coming-weeks Exporters will be required to report their sales to Danantara Sumberdaya from Jun 1 https://www.businesstimes.com.sg/international/global/war-driven-supply-shock-already-roiling-manufacturing-asia Sun, 24 May 2026 23:36:54 +0000 Global Companies & Markets Energy & Commodities International /international/global/war-driven-supply-shock-already-roiling-manufacturing-asia A shortage of naphtha, stemming from the blockade of the Strait of Hormuz, is hurting multiple sectors https://www.businesstimes.com.sg/international/new-zealand-ease-golden-visa-investment-criteria-allow-philanthropy Sun, 24 May 2026 22:11:13 +0000 International /international/new-zealand-ease-golden-visa-investment-criteria-allow-philanthropy The Growth category requires a NZ$5 million investment in higher-risk assets such as businesses or managed funds https://www.businesstimes.com.sg/international/baltic-exchange-shipping-insights70 Sun, 24 May 2026 20:33:36 +0000 International /international/baltic-exchange-shipping-insights70 A roundup of the week’s tanker and dry bulk market (May 22, 2026) https://www.businesstimes.com.sg/international/global/us-will-find-another-way-if-talks-iran-end-war-fail-rubio Sun, 24 May 2026 15:47:26 +0000 Global International /international/global/us-will-find-another-way-if-talks-iran-end-war-fail-rubio Trump on May 24 said he had told his representatives not to rush into any deal https://www.businesstimes.com.sg/international/warshs-fed-regime-change-may-require-patience-consensus Sun, 24 May 2026 06:31:30 +0000 International /international/warshs-fed-regime-change-may-require-patience-consensus But observers say that there are limits to how much he can revamp on his own https://www.businesstimes.com.sg/international/deadly-coal-mine-blast-chinas-shanxi-tests-limits-president-xis-energy-security-push Sun, 24 May 2026 05:17:35 +0000 International /international/deadly-coal-mine-blast-chinas-shanxi-tests-limits-president-xis-energy-security-push CHINA’S world-beating coal production has helped shield its economy from the worst of the Iran war shock. Now the deadliest mining disaster... https://www.businesstimes.com.sg/international/shanxi-coal-mine-disaster-china-lowers-death-toll-82-90-after-tallying-error Sun, 24 May 2026 04:43:44 +0000 International /international/shanxi-coal-mine-disaster-china-lowers-death-toll-82-90-after-tallying-error The incident remains China’s deadliest mining accident since 2009 https://www.businesstimes.com.sg/international/iran-agreed-give-enriched-uranium-peace-deal-announced-trump-us-officials-say Sun, 24 May 2026 02:36:25 +0000 International /international/iran-agreed-give-enriched-uranium-peace-deal-announced-trump-us-officials-say [WASHINGTON] One key element of the proposed agreement between Iran and the US is an apparent commitment by Teheran to give up... https://www.businesstimes.com.sg/international/trump-says-us-iran-deal-largely-negotiated-would-reopen-hormuz Sun, 24 May 2026 00:48:26 +0000 International Global /international/trump-says-us-iran-deal-largely-negotiated-would-reopen-hormuz Plans for Teheran’s uranium would be negotiated within 30 to 60 days: media reports https://www.businesstimes.com.sg/international/global/suspect-21-dies-after-trading-gunfire-officers-near-white-house-us-secret-service Sun, 24 May 2026 00:10:23 +0000 Global International /international/global/suspect-21-dies-after-trading-gunfire-officers-near-white-house-us-secret-service A bystander was also struck during the shooting https://www.businesstimes.com.sg/companies-markets/transport-logistics/uber-explores-delivery-hero-takeover-fight-doordash-globally-sources Sat, 23 May 2026 07:42:35 +0000 Transport & Logistics Companies & Markets Global International /companies-markets/transport-logistics/uber-explores-delivery-hero-takeover-fight-doordash-globally-sources The ride-hailing giant has been making acquisitions overseas to strengthen its position internationally https://www.businesstimes.com.sg/international/least-90-dead-chinas-worst-coal-mine-disaster-over-16-years Sat, 23 May 2026 07:04:39 +0000 International /international/least-90-dead-chinas-worst-coal-mine-disaster-over-16-years President Xi orders a thorough investigation and spare no effort in rescue operations https://www.businesstimes.com.sg/international/global/three-months-trump-losing-iran-war Sat, 23 May 2026 06:53:16 +0000 Global International /international/global/three-months-trump-losing-iran-war The continuing standoff comes as he faces domestic pressure over high US petrol prices and low approval ratings https://www.businesstimes.com.sg/international/asean/indonesia-plans-beat-global-commodity-trading-giants-their-own-game Sat, 23 May 2026 05:25:10 +0000 Asean International /international/asean/indonesia-plans-beat-global-commodity-trading-giants-their-own-game The move faces a real uphill battle disrupting the deep trading ecosystem overnight https://www.businesstimes.com.sg/companies-markets/energy-commodities/india-raises-diesel-petrol-prices-third-time-eight-days Sat, 23 May 2026 02:04:00 +0000 Energy & Commodities Companies & Markets International /companies-markets/energy-commodities/india-raises-diesel-petrol-prices-third-time-eight-days Retailers’ losses are getting compounded due a demand spike from bulk consumers https://www.businesstimes.com.sg/international/global/trump-force-foreigners-seeking-green-cards-go-home-first Sat, 23 May 2026 01:25:42 +0000 Global International /international/global/trump-force-foreigners-seeking-green-cards-go-home-first The new rules apply to any foreigner who came to the US on a temporary non-immigrant visa https://www.businesstimes.com.sg/international/global/warsh-takes-feds-helm-inflation-climbs-consumer-sentiment-dives Sat, 23 May 2026 00:31:28 +0000 Global International /international/global/warsh-takes-feds-helm-inflation-climbs-consumer-sentiment-dives President Trump promises ‘full support’ of administration https://www.businesstimes.com.sg/international/global/us-secretary-state-rubio-sees-progress-iran-talks-more-work-be-done Sat, 23 May 2026 00:14:59 +0000 Global International /international/global/us-secretary-state-rubio-sees-progress-iran-talks-more-work-be-done Pakistan’s military chief arrives in Teheran to press on with mediation efforts https://www.businesstimes.com.sg/international/uae-left-opec-pump-more-end-oil-era-looms-presidential-adviser-says Fri, 22 May 2026 13:47:06 +0000 International /international/uae-left-opec-pump-more-end-oil-era-looms-presidential-adviser-says The decision can have a major impact on the organisation’s control over supplies when oil flows normalise https://www.businesstimes.com.sg/companies-markets/wall-st-rises-open-dow-hits-record-high Fri, 22 May 2026 13:42:48 +0000 Companies & Markets International /companies-markets/wall-st-rises-open-dow-hits-record-high [NEW YORK] Wall Street’s main indexes opened higher on Friday (May 22) with the Dow hitting an intraday record high as investors... https://www.businesstimes.com.sg/international/adecco-ceo-warns-hit-swiss-10-million-population-cap Fri, 22 May 2026 13:36:03 +0000 International /international/adecco-ceo-warns-hit-swiss-10-million-population-cap Switzerland’s population has risen about 0.8 per cent per year on average https://www.businesstimes.com.sg/international/indias-central-bank-approves-record-2-87-trillion-rupee-dividend-government Fri, 22 May 2026 12:49:33 +0000 International /international/indias-central-bank-approves-record-2-87-trillion-rupee-dividend-government The lower-than-expected dividend is likely to hurt bond markets, which expect the budget deficit to rise https://www.businesstimes.com.sg/international/global/china-expand-public-service-access-migrant-workers Fri, 22 May 2026 12:24:23 +0000 Global International /international/global/china-expand-public-service-access-migrant-workers Migrant workers who hold rural hukou from their hometowns often struggle to access public services in cities where they live and work https://www.businesstimes.com.sg/international/german-business-outlook-improves-first-time-iran-war Fri, 22 May 2026 11:32:18 +0000 International /international/german-business-outlook-improves-first-time-iran-war An expectations index by Ifo Institute is up at 83.8 in May from 83.5 in April https://www.businesstimes.com.sg/international/global/singapore-can-gain-chinas-growing-markets-must-embrace-ai-chinese-have-sm-lee Fri, 22 May 2026 10:30:00 +0000 Tan Weizhen Global International Singapore /international/global/singapore-can-gain-chinas-growing-markets-must-embrace-ai-chinese-have-sm-lee Everyone in the city-state has to learn to adopt artificial intelligence, he adds https://www.businesstimes.com.sg/international/china-cracks-down-illegal-cross-border-securities-trading Fri, 22 May 2026 09:57:03 +0000 International /international/china-cracks-down-illegal-cross-border-securities-trading An estimated US$1.04 trillion of so-called hot money flowed out of the country in 2025 https://www.businesstimes.com.sg/international/samsung-workers-begin-voting-pay-deal-some-non-chip-employees-oppose-it Fri, 22 May 2026 09:36:26 +0000 International /international/samsung-workers-begin-voting-pay-deal-some-non-chip-employees-oppose-it Certain workers in its memory chip business will get bonuses of about US$416,000 this year https://www.businesstimes.com.sg/international/uk-borrowing-jumps-reeves-faces-iran-war-challenge Fri, 22 May 2026 08:39:35 +0000 International /international/uk-borrowing-jumps-reeves-faces-iran-war-challenge It is 25% higher than in April 2025 at £24.3 billion, the second-highest borrowing for the month on record https://www.businesstimes.com.sg/companies-markets/estee-lauder-puig-talks-fail-after-charlotte-tilbury-tension Fri, 22 May 2026 08:37:56 +0000 Companies & Markets International /companies-markets/estee-lauder-puig-talks-fail-after-charlotte-tilbury-tension Puig and Estee Lauder have been holding talks about a potential business combination since March https://www.businesstimes.com.sg/international/asean/indonesias-commodity-export-shake-sparks-industry-alarm-investor-jitters Fri, 22 May 2026 08:32:47 +0000 Elisa Valenta Asean International /international/asean/indonesias-commodity-export-shake-sparks-industry-alarm-investor-jitters Insiders warn that the move could upend trade flows and add to regulatory uncertainty https://www.businesstimes.com.sg/international/malaysia-introduce-new-rules-protect-youth-online-platforms Fri, 22 May 2026 07:58:28 +0000 International /international/malaysia-introduce-new-rules-protect-youth-online-platforms The measures require service providers to limit account registration and ownership by users under 16 years old https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/how-china-uses-national-team-influence-trading Fri, 22 May 2026 07:57:30 +0000 Capital Markets & Currencies Companies & Markets International /companies-markets/capital-markets-currencies/how-china-uses-national-team-influence-trading Beijing sees a stable, steadily rising stock market as essential to the country’s economic transition https://www.businesstimes.com.sg/companies-markets/japans-nikkei-rallies-record-close-ai-shares-shine Fri, 22 May 2026 07:03:08 +0000 Companies & Markets International /companies-markets/japans-nikkei-rallies-record-close-ai-shares-shine [TOKYO] Japan’s Nikkei share average soared to a record-high close on Friday (May 22) as AI shares rallied on the back of... https://www.businesstimes.com.sg/international/developments-chinas-economy-now-have-bigger-impact-eu-ecb Fri, 22 May 2026 06:46:09 +0000 Lionel Lim International New Articles /international/developments-chinas-economy-now-have-bigger-impact-eu-ecb The Asian nation is now competing in sectors that Europe has long invested in https://www.businesstimes.com.sg/international/asean/indonesia-listen-market-new-commodity-export-body-danantara-says Fri, 22 May 2026 05:10:56 +0000 Asean International /international/asean/indonesia-listen-market-new-commodity-export-body-danantara-says The policy is aimed at curbing under-invoicing, or under-declaring the value of cargoes https://www.businesstimes.com.sg/startups-tech/meta-manus-deal-reversal-china-does-not-make-tech-firms-reject-foreign-investment-state-planner-says Fri, 22 May 2026 05:01:23 +0000 Startups & Tech Global International /startups-tech/meta-manus-deal-reversal-china-does-not-make-tech-firms-reject-foreign-investment-state-planner-says Foreign investment must comply with Chinese laws and regulations, says a spokesperson https://www.businesstimes.com.sg/international/global/3-gifs-how-iran-war-has-changed-tanker-traffic-through-hormuz-malacca-straits Fri, 22 May 2026 04:10:00 +0000 David Li Zuowei Global Companies & Markets Energy & Commodities International /international/global/3-gifs-how-iran-war-has-changed-tanker-traffic-through-hormuz-malacca-straits Only a handful of supertankers exited the Gulf in May https://www.businesstimes.com.sg/international/asean/asean-intelligence-get-exclusive-insights-business-times-survey-key-bets-top-risks Fri, 22 May 2026 03:01:11 +0000 Lionel Lim Young Zhan Heng Mindy Tan Ong Hwee Hwee Kimberly Wee Asean International /international/asean/asean-intelligence-get-exclusive-insights-business-times-survey-key-bets-top-risks Where is capital flowing to? What do companies see as the top risks and key bets? Get the insider view from our... https://www.businesstimes.com.sg/international/asean/retail-overload-kl-and-jb-set-flood-malaysias-already-saturated-mall-scene Fri, 22 May 2026 02:56:32 +0000 Asean International /international/asean/retail-overload-kl-and-jb-set-flood-malaysias-already-saturated-mall-scene Some 34 complexes are in the pipeline, mostly in the country’s key urban and cross-border retail hubs https://www.businesstimes.com.sg/international/asean/vietnams-richest-man-ploughs-billions-evs-his-stock-booms-1000 Fri, 22 May 2026 02:23:30 +0000 Asean International Wealth Wealth & Investing /international/asean/vietnams-richest-man-ploughs-billions-evs-his-stock-booms-1000 The majority of Vuong’s wealth is derived from Vingroup, his sprawling conglomerate https://www.businesstimes.com.sg/international/japans-core-inflation-hits-4-year-low-rebound-eyed-energy-shock Fri, 22 May 2026 02:01:58 +0000 International /international/japans-core-inflation-hits-4-year-low-rebound-eyed-energy-shock The war has complicated the BOJ’s rate-hike plan by adding to inflationary pressure https://www.businesstimes.com.sg/opinion-features/real-message-behind-beijings-back-back-summits Fri, 22 May 2026 01:50:01 +0000 Opinion & Features Global International /opinion-features/real-message-behind-beijings-back-back-summits Trump and Putin visits in a week show Xi positioning China at the center of a fractured world order https://www.businesstimes.com.sg/international/can-carneys-middle-powers-stand-us-and-china-g-2-world Fri, 22 May 2026 01:28:17 +0000 International /international/can-carneys-middle-powers-stand-us-and-china-g-2-world The question returns to the fore in the wake of the latest Trump-Xi summit https://www.businesstimes.com.sg/international/global/vista-global-sees-25-rise-apac-private-jet-traffic-malaysia-emerging-key-asean-destination Fri, 22 May 2026 01:00:00 +0000 Chloe Lim Global Asean Companies & Markets International Transport & Logistics /international/global/vista-global-sees-25-rise-apac-private-jet-traffic-malaysia-emerging-key-asean-destination Singapore to Kuala Lumpur route consistently ranks among top routes in the region https://www.businesstimes.com.sg/international/asean/south-east-asias-fishermen-are-being-pushed-brink-fuel-costs Fri, 22 May 2026 00:43:09 +0000 Asean International /international/asean/south-east-asias-fishermen-are-being-pushed-brink-fuel-costs Rising energy prices are deepening anxiety for those whose livelihoods are tied to the ocean https://www.businesstimes.com.sg/international/global/pakistan-seeks-breakthrough-peace-talks-iran-and-us-still-odds-over-uranium-hormuz-tolls Thu, 21 May 2026 22:54:29 +0000 Global International /international/global/pakistan-seeks-breakthrough-peace-talks-iran-and-us-still-odds-over-uranium-hormuz-tolls The International Energy Agency says the conflict has produced the world’s worst energy shock https://www.businesstimes.com.sg/international/global/iran-talks-oman-over-permanent-toll-system-hormuz Thu, 21 May 2026 15:43:10 +0000 Global International /international/global/iran-talks-oman-over-permanent-toll-system-hormuz Iran refuses to reopen the Strait of Hormuz until the US agrees to lift its naval blockade of Iranian ports https://www.businesstimes.com.sg/international/us-manufacturing-activity-rises-four-year-high-may-sp-global-survey-shows Thu, 21 May 2026 14:25:22 +0000 International /international/us-manufacturing-activity-rises-four-year-high-may-sp-global-survey-shows [WASHINGTON] US manufacturing activity strengthened in May, scaling the highest level in four years, as businesses boosted inventories to guard against potential... https://www.businesstimes.com.sg/property/us-housing-starts-decline-drop-single-family-homes Thu, 21 May 2026 13:58:28 +0000 Property International /property/us-housing-starts-decline-drop-single-family-homes New residential construction decreased 2.8% last month to an annualised rate of 1.47 million homes