https://www.businesstimes.com.sg/ THE BUSINESS TIMES - Find latest business and financial news including analysis and opinion on top business stories, stock markets in Singapore, Asia-Pacific and global market news and more at The Business Times. en-US https://www.businesstimes.com.sg/favicon.ico https://www.businesstimes.com.sg/ 32 32 https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-bond-sell-drives-30-year-yields-near-two-decade-high Tue, 18 Aug 2026 00:40:52 +0000 Capital Markets & Currencies Companies & Markets International /companies-markets/capital-markets-currencies/us-bond-sell-drives-30-year-yields-near-two-decade-high Amid investor angst over rising government spend, the so-called long bond interest rate hits its loftiest since 2007, rising to 5.31% on... https://www.businesstimes.com.sg/international/global/trump-says-north-koreas-kim-has-responded-his-overtures-after-move-scale-back-seoul-drills Tue, 18 Aug 2026 00:19:26 +0000 Global International /international/global/trump-says-north-koreas-kim-has-responded-his-overtures-after-move-scale-back-seoul-drills Experts see renewed chance of Trump-Kim talks https://www.businesstimes.com.sg/international/ai-starting-create-jobs-uk-lloyds-survey Tue, 18 Aug 2026 00:18:13 +0000 International /international/ai-starting-create-jobs-uk-lloyds-survey Over 70% of large businesses surveyed said they plan to step up AI investment to boost productivity https://www.businesstimes.com.sg/opinion-features/adoption-not-capability-real-ai-test-singapores-smes Mon, 17 Aug 2026 23:00:00 +0000 Opinion & Features Asean International Singapore SMEs Startups & Tech Technology /opinion-features/adoption-not-capability-real-ai-test-singapores-smes The Republic’s AI scoreboard looks strong. But, in many firms, the whole capability rests on one person https://www.businesstimes.com.sg/international/global/iran-threatens-full-offensive-hormuz-if-diplomacy-us-fails-trump-rejects-truce-extension Mon, 17 Aug 2026 15:25:00 +0000 Global International /international/global/iran-threatens-full-offensive-hormuz-if-diplomacy-us-fails-trump-rejects-truce-extension Trump says US would “bomb” ally Oman if it “got in the way” in negotiations with Iran https://www.businesstimes.com.sg/companies-markets/nvidia-invest-us1-5-billion-sb-energy-under-openai-data-centre-deal Mon, 17 Aug 2026 14:59:55 +0000 Companies & Markets International /companies-markets/nvidia-invest-us1-5-billion-sb-energy-under-openai-data-centre-deal It will also secure up to 8 gigawatts of AI computing capacity https://www.businesstimes.com.sg/companies-markets/sp-500-opens-muted-middle-east-tensions-weigh Mon, 17 Aug 2026 13:56:25 +0000 Companies & Markets International /companies-markets/sp-500-opens-muted-middle-east-tensions-weigh [NEW YORK] The S&P 500 opened subdued on Monday (Aug 17) as markets weighed the prospect of renewed tensions between the US... https://www.businesstimes.com.sg/international/chinas-premier-calls-stabilising-external-demand-growth-sputters Mon, 17 Aug 2026 13:35:07 +0000 International /international/chinas-premier-calls-stabilising-external-demand-growth-sputters China is relying on exports to power growth and offset weakness in domestic demand https://www.businesstimes.com.sg/international/global/singapore-china-ink-deal-peaceful-nuclear-technology-cooperation Mon, 17 Aug 2026 13:20:47 +0000 Deon Loke Global International New Articles /international/global/singapore-china-ink-deal-peaceful-nuclear-technology-cooperation Partnership areas include nuclear technology applications and nuclear safety https://www.businesstimes.com.sg/companies-markets/banking-finance/greenback-slips-lowest-early-june-rate-hike-bets-fade Mon, 17 Aug 2026 12:11:29 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/greenback-slips-lowest-early-june-rate-hike-bets-fade Traders trimmed US rate hike bets against the backdrop of a run of softer economic data https://www.businesstimes.com.sg/international/thailand-revises-factory-gauge-after-us-transhipment-concerns Mon, 17 Aug 2026 11:44:55 +0000 International /international/thailand-revises-factory-gauge-after-us-transhipment-concerns The concern has emerged as a vulnerability in Thailand’s trade negotiations with Washington https://www.businesstimes.com.sg/property/china-new-home-prices-stagnant-july-demand-stays-weak Mon, 17 Aug 2026 10:36:03 +0000 Property International /property/china-new-home-prices-stagnant-july-demand-stays-weak New home prices fell 0.1% in July from the previous month https://www.businesstimes.com.sg/companies-markets/malaysian-airlines-pilots-clear-drug-checks-cabin-crew-be-tested-next Mon, 17 Aug 2026 08:49:29 +0000 Companies & Markets International /companies-markets/malaysian-airlines-pilots-clear-drug-checks-cabin-crew-be-tested-next A Malaysia Airlines pilot was detained on July 28 after authorities found 26kg of MDMA in his luggage https://www.businesstimes.com.sg/international/global/chinas-economy-loses-momentum-july-factory-output-retail-sales-and-investment-all-miss-forecasts Mon, 17 Aug 2026 08:16:35 +0000 Global International /international/global/chinas-economy-loses-momentum-july-factory-output-retail-sales-and-investment-all-miss-forecasts Industrial output, consumption and investment all fared worse than expected https://www.businesstimes.com.sg/companies-markets/bitcoin-etfs-see-largest-outflow-six-weeks-token-stagnates Mon, 17 Aug 2026 08:07:58 +0000 Companies & Markets International /companies-markets/bitcoin-etfs-see-largest-outflow-six-weeks-token-stagnates [NEW YORK] Spot Bitcoin exchange-traded funds recorded their largest outflows last week since the end of June, reversing a strong start to... https://www.businesstimes.com.sg/companies-markets/shein-eyes-company-valuation-around-us25-billion-hong-kong-ipo Mon, 17 Aug 2026 07:45:22 +0000 Companies & Markets International /companies-markets/shein-eyes-company-valuation-around-us25-billion-hong-kong-ipo It’s aiming to launch its much-awaited initial public offering later this week https://www.businesstimes.com.sg/international/asean/i-dont-care-what-my-title-medparks-proud-patanavanich-runs-hospital-where-patients-physicians Mon, 17 Aug 2026 07:00:00 +0000 Goh Ruoxue Asean International /international/asean/i-dont-care-what-my-title-medparks-proud-patanavanich-runs-hospital-where-patients-physicians The Thai private hospital expects to break even this year https://www.businesstimes.com.sg/international/global/search-indonesia-quake-victims-under-way-independence-day-death-toll-rises-68 Mon, 17 Aug 2026 06:54:52 +0000 Global International /international/global/search-indonesia-quake-victims-under-way-independence-day-death-toll-rises-68 A 5.6-magnitude quake was reported in Nagekeo region, near the initial epicentre, on the morning of Aug 17 https://www.businesstimes.com.sg/international/australia-slows-backpacker-visa-process-migration-cuts-eyed Mon, 17 Aug 2026 05:09:10 +0000 International /international/australia-slows-backpacker-visa-process-migration-cuts-eyed Opposition parties have attacked the government over migration numbers https://www.businesstimes.com.sg/international/asean/thailands-q2-gdp-beats-forecast-full-year-outlook-raised Mon, 17 Aug 2026 03:51:12 +0000 Asean International /international/asean/thailands-q2-gdp-beats-forecast-full-year-outlook-raised The economy expands 1.9% in the April-June quarter compared to a year earlier; planning agency revises 2026 growth projection to 2% to... https://www.businesstimes.com.sg/international/xi-touts-party-led-growth-predecessor-jiang-zemins-birth-centenary Mon, 17 Aug 2026 03:24:07 +0000 International /international/xi-touts-party-led-growth-predecessor-jiang-zemins-birth-centenary He described Jiang as an “outstanding leader” https://www.businesstimes.com.sg/international/asean/thai-baht-rally-may-fade-dovish-central-bank-analysts-say Mon, 17 Aug 2026 02:12:30 +0000 Asean Capital Markets & Currencies Companies & Markets International /international/asean/thai-baht-rally-may-fade-dovish-central-bank-analysts-say The currency has strengthened 0.9% so far in August, ranking as the second-best performer among South-east Asian peers https://www.businesstimes.com.sg/international/global/trump-wants-more-economic-pressure-iran-war-drags-what-are-his-options Mon, 17 Aug 2026 01:07:00 +0000 Global International /international/global/trump-wants-more-economic-pressure-iran-war-drags-what-are-his-options Several involve China. A land blockade is also an option, one that would require help from seven neighbouring countries https://www.businesstimes.com.sg/international/japans-economy-unexpectedly-decelerates-q2-capital-spending-slips Mon, 17 Aug 2026 00:25:12 +0000 International /international/japans-economy-unexpectedly-decelerates-q2-capital-spending-slips Real GDP grows 1.1%; that is slower than a revised 1.9% pace in the previous quarter and falls short of forecasts for... https://www.businesstimes.com.sg/international/trump-envoy-kushner-meets-hamas-advance-us-presidents-gaza-plan Mon, 17 Aug 2026 00:17:52 +0000 International /international/trump-envoy-kushner-meets-hamas-advance-us-presidents-gaza-plan Kushner also expected to travel to Israel to meet with Netanyahu to discuss Gaza situation https://www.businesstimes.com.sg/international/skyrocketing-beef-prices-finally-have-americans-reaching-their-spending-limit Sun, 16 Aug 2026 23:50:34 +0000 International Companies & Markets Consumer & Healthcare Energy & Commodities /international/skyrocketing-beef-prices-finally-have-americans-reaching-their-spending-limit The US cattle herd remains near its lowest levels in about five decades https://www.businesstimes.com.sg/international/global/trump-orders-pentagon-cut-back-military-exercises-south-korea-cites-seouls-iran-war-stance Sun, 16 Aug 2026 23:22:14 +0000 Global International /international/global/trump-orders-pentagon-cut-back-military-exercises-south-korea-cites-seouls-iran-war-stance The Blue House is reviewing the move of the US president, who also highlighted a ‘very good relationship’ with North Korea’s Kim... https://www.businesstimes.com.sg/international/baltic-exchange-shipping-insights82 Sun, 16 Aug 2026 23:00:00 +0000 International /international/baltic-exchange-shipping-insights82 A roundup of the week’s tanker and dry bulk market (Aug 14, 2026) https://www.businesstimes.com.sg/international/asean/tepid-investor-interest-dampener-vietnams-strong-ipo-pipeline Sun, 16 Aug 2026 23:00:00 +0000 Asean International New Articles /international/asean/tepid-investor-interest-dampener-vietnams-strong-ipo-pipeline The weaker take-up of new shares is exposing a more challenging backdrop for the long-awaited revival of listings https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-rises-us-iran-peace-talks-stall-hormuz-shipping-slows Sun, 16 Aug 2026 22:49:14 +0000 Energy & Commodities Companies & Markets International /companies-markets/energy-commodities/oil-rises-us-iran-peace-talks-stall-hormuz-shipping-slows Shipping through the Strait of Hormuz slowed over the Aug 15-16 weekend https://www.businesstimes.com.sg/international/israel-strikes-lebanon-us-prepares-fresh-iran-sanctions Sun, 16 Aug 2026 22:36:30 +0000 International /international/israel-strikes-lebanon-us-prepares-fresh-iran-sanctions 11 people die in Israeli strikes, the deadliest since a ceasefire that began at the start of June https://www.businesstimes.com.sg/international/global/singapore-may-be-expected-tighten-measures-after-us-transhipment-scam-report-economists Sun, 16 Aug 2026 11:22:55 +0000 Deon Loke Derryn Wong Global International /international/global/singapore-may-be-expected-tighten-measures-after-us-transhipment-scam-report-economists MTI stresses that the Republic ‘takes trade compliance seriously’ https://www.businesstimes.com.sg/wealth/money-managers-chase-us577-billion-historic-german-pension-shift Sun, 16 Aug 2026 08:38:38 +0000 Wealth International /wealth/money-managers-chase-us577-billion-historic-german-pension-shift The country is moving away from conservative securities and insurance policies https://www.businesstimes.com.sg/international/hong-kongs-first-half-air-passenger-traffic-11-7-financial-secretary-paul-chan Sun, 16 Aug 2026 08:04:43 +0000 International /international/hong-kongs-first-half-air-passenger-traffic-11-7-financial-secretary-paul-chan City is consolidating and enhancing its status as an international aviation hub, he adds https://www.businesstimes.com.sg/esg/europes-rising-heatwave-bill-businesses-face-mounting-losses-insurance-gap-widens Sun, 16 Aug 2026 06:46:26 +0000 ESG International /esg/europes-rising-heatwave-bill-businesses-face-mounting-losses-insurance-gap-widens Heat not covered in most business interruption insurance https://www.businesstimes.com.sg/international/global/cant-have-it-both-ways-us-tell-partners-they-must-pick-sides-ai-race-china Sun, 16 Aug 2026 05:57:42 +0000 Global International /international/global/cant-have-it-both-ways-us-tell-partners-they-must-pick-sides-ai-race-china By pressing countries to choose sides, the US hopes to starve China of resources in a race to make the most sophisticated... https://www.businesstimes.com.sg/international/global/whats-stopping-asias-chipmakers-taking-nvidia-answer-lies-bottleneck Sun, 16 Aug 2026 03:25:17 +0000 Global Companies & Markets International Telcos, Media & Tech /international/global/whats-stopping-asias-chipmakers-taking-nvidia-answer-lies-bottleneck Foundry access is just one constraint that startups are facing https://www.businesstimes.com.sg/international/global/iran-says-qatar-captured-3-its-pilots-early-war-us-qatar-rejects-claims Sun, 16 Aug 2026 00:45:52 +0000 Global International /international/global/iran-says-qatar-captured-3-its-pilots-early-war-us-qatar-rejects-claims Iran says said the men were flying Su-24 fighter jets in an operation on Mar 2 https://www.businesstimes.com.sg/international/malaysias-anwar-vows-faster-reforms-after-electoral-defeats Sat, 15 Aug 2026 08:17:00 +0000 International /international/malaysias-anwar-vows-faster-reforms-after-electoral-defeats He acknowledged shortcomings by his administration that has led to frustration among Malaysians https://www.businesstimes.com.sg/international/chinas-20000-mile-solar-trade-route-battled-us-tariffs Sat, 15 Aug 2026 05:42:18 +0000 International /international/chinas-20000-mile-solar-trade-route-battled-us-tariffs [BEIJING] To understand US President Donald Trump’s latest move to protect US solar manufacturers, it helps to follow the trail of a... https://www.businesstimes.com.sg/international/trumps-golden-age-economy-pitch-fizzles-us-voters Sat, 15 Aug 2026 05:14:41 +0000 International /international/trumps-golden-age-economy-pitch-fizzles-us-voters [WASHINGTON, DC] For most of his second term, US President Donald Trump has been arguing that the “golden age” he promised for... https://www.businesstimes.com.sg/international/global/thousands-evacuate-after-indonesia-quake-kills-53-aftershocks-hamper-rescue-efforts Sat, 15 Aug 2026 03:03:27 +0000 Global International /international/global/thousands-evacuate-after-indonesia-quake-kills-53-aftershocks-hamper-rescue-efforts Strong shaking was felt across East Nusa Tenggara, West Nusa Tenggara and parts of South Sulawesi https://www.businesstimes.com.sg/companies-markets/goldman-sachs-lifts-12-month-target-european-stocks-strong-earnings Fri, 14 Aug 2026 14:23:24 +0000 Companies & Markets International /companies-markets/goldman-sachs-lifts-12-month-target-european-stocks-strong-earnings It cited strong corporate earnings and resilient economies https://www.businesstimes.com.sg/companies-markets/wall-st-opens-mixed-investors-weigh-middle-east-tensions-data Fri, 14 Aug 2026 13:46:11 +0000 Companies & Markets International /companies-markets/wall-st-opens-mixed-investors-weigh-middle-east-tensions-data [NEW YORK] Wall Street’s main indexes were mixed at the open on Friday (Aug 14), a day after the S&P 500 closed... https://www.businesstimes.com.sg/international/us-retail-sales-unexpectedly-fall-july Fri, 14 Aug 2026 13:21:14 +0000 International Companies & Markets /international/us-retail-sales-unexpectedly-fall-july They drop 0.6% last month after an unrevised 0.2% gain in June https://www.businesstimes.com.sg/international/asean/indonesia-bets-bigger-spending-tighter-resource-control-drive-2027-growth Fri, 14 Aug 2026 12:15:04 +0000 Elisa Valenta Asean International /international/asean/indonesia-bets-bigger-spending-tighter-resource-control-drive-2027-growth The outcome could shape the country’s economic trajectory relative to that of its South-east Asian peers https://www.businesstimes.com.sg/international/indonesias-prabowo-proposes-deficit-2-4-gdp-2027-budget Fri, 14 Aug 2026 09:12:45 +0000 International /international/indonesias-prabowo-proposes-deficit-2-4-gdp-2027-budget He also proposed creating a commodity exchange for Indonesia’s strategic commodities https://www.businesstimes.com.sg/singapore/us-flags-40-economies-including-singapore-chinas-shadow-transshipment-network Fri, 14 Aug 2026 08:54:39 +0000 Singapore International /singapore/us-flags-40-economies-including-singapore-chinas-shadow-transshipment-network A White House report frames the routing of Chinese goods through an intermediate lower-tariffed country by concealing the true origin https://www.businesstimes.com.sg/international/aviva-beats-profit-expectations-direct-line-and-wealth-management-drive-growth Fri, 14 Aug 2026 07:49:44 +0000 International Companies & Markets /international/aviva-beats-profit-expectations-direct-line-and-wealth-management-drive-growth Its Direct Line deal made Aviva Britain’s largest multi-line insurer https://www.businesstimes.com.sg/international/asean/philippine-central-bank-chief-eyes-less-aggressive-rate-hikes Fri, 14 Aug 2026 06:39:03 +0000 Asean International /international/asean/philippine-central-bank-chief-eyes-less-aggressive-rate-hikes This comes as the economy slows further in Q2 as consumer spending and investments shrink https://www.businesstimes.com.sg/international/chinese-tourists-pull-back-overseas-trips-amid-economic-gloom Fri, 14 Aug 2026 06:37:14 +0000 International /international/chinese-tourists-pull-back-overseas-trips-amid-economic-gloom Outbound travel has softened as economic woes make consumers cautious about discretionary spending https://www.businesstimes.com.sg/international/us-eyes-indefinite-iran-naval-blockade-oil-supply-shortfall-deepens Fri, 14 Aug 2026 05:01:24 +0000 International /international/us-eyes-indefinite-iran-naval-blockade-oil-supply-shortfall-deepens The US military can keep a naval presence in the region, says Defense Secretary Pete Hegseth https://www.businesstimes.com.sg/international/asean/malaysias-central-bank-upbeat-q2-growth-beats-expectations Fri, 14 Aug 2026 04:30:53 +0000 Asean International /international/asean/malaysias-central-bank-upbeat-q2-growth-beats-expectations The expansion is driven by a better performance in all sectors except for agriculture https://www.businesstimes.com.sg/international/south-koreas-lee-favours-four-year-presidency-re-election-permitted-yonhap-says Fri, 14 Aug 2026 04:24:26 +0000 International /international/south-koreas-lee-favours-four-year-presidency-re-election-permitted-yonhap-says The presidency is currently limited to a single five-year term https://www.businesstimes.com.sg/international/us-roll-out-economic-isolation-plan-iran-next-week Fri, 14 Aug 2026 04:22:38 +0000 International /international/us-roll-out-economic-isolation-plan-iran-next-week This intensifies the Trump administration’s effort to force Teheran’s capitulation through financial pressure https://www.businesstimes.com.sg/international/asean/new-state-firms-role-monitor-key-commodity-exports-indonesias-prabowo-national-address Fri, 14 Aug 2026 03:17:15 +0000 Asean International /international/asean/new-state-firms-role-monitor-key-commodity-exports-indonesias-prabowo-national-address Later on Friday, Prabowo will unveil his government’s 2027 Budget proposal https://www.businesstimes.com.sg/international/japan-may-see-more-yen-intervention-faster-boj-rate-hikes-former-top-currency-diplomat Fri, 14 Aug 2026 02:23:23 +0000 International /international/japan-may-see-more-yen-intervention-faster-boj-rate-hikes-former-top-currency-diplomat Intervention only buys time with more fundamental steps needed to reverse the yen’s downtrend, said Mitsuhiro Furusawa https://www.businesstimes.com.sg/international/global/trump-pivots-economic-squeeze-entrenched-iran-regime Fri, 14 Aug 2026 02:15:29 +0000 Global International /international/global/trump-pivots-economic-squeeze-entrenched-iran-regime Wary of continuing an unpopular war, US president taps economic sanctions and a naval blockade to stifle Islamic Republic’s oil exports https://www.businesstimes.com.sg/international/thousands-stranded-japans-narita-airport-after-record-rain-kills-four Fri, 14 Aug 2026 01:57:25 +0000 International ESG /international/thousands-stranded-japans-narita-airport-after-record-rain-kills-four Japan Airlines said some flights may experience delays but no cancellations are expected https://www.businesstimes.com.sg/international/global/e-commerce-killing-real-commerce-says-chinas-beverage-king-zhong-shanshan Fri, 14 Aug 2026 01:53:20 +0000 Global Companies & Markets International /international/global/e-commerce-killing-real-commerce-says-chinas-beverage-king-zhong-shanshan Have e-commerce platforms become too powerful, and who ultimately pays the price? https://www.businesstimes.com.sg/international/asean/can-vietnam-build-industrial-powerhouse-its-own Fri, 14 Aug 2026 01:35:00 +0000 Asean International /international/asean/can-vietnam-build-industrial-powerhouse-its-own As major Chinese tech firms expand production in the South-east Asian country, its supply chain depth is improving but still limited https://www.businesstimes.com.sg/property/new-zealands-central-bank-maintain-current-home-lending-rules Fri, 14 Aug 2026 01:02:40 +0000 Property International /property/new-zealands-central-bank-maintain-current-home-lending-rules Housing remains a drag on the country’s uneven economic recovery https://www.businesstimes.com.sg/international/global/end-tokenmaxxing-how-ai-moving-pay-you-go Fri, 14 Aug 2026 00:40:24 +0000 Global Companies & Markets International Telcos, Media & Tech /international/global/end-tokenmaxxing-how-ai-moving-pay-you-go OpenAI’s Sam Altman said the company imagines a future “where (AI) is a utility, like electricity or water, and people buy it... https://www.businesstimes.com.sg/international/white-house-says-transshipped-goods-lost-us26-billion-tariffs-revenue Fri, 14 Aug 2026 00:32:27 +0000 International /international/white-house-says-transshipped-goods-lost-us26-billion-tariffs-revenue The decline in China imports due to prior Trump tariffs fuels imports from elsewhere via transshipment, a report argues https://www.businesstimes.com.sg/international/global/google-unveils-gemini-3-7-flash-ai-model-coding-and-agent-workflows-top-ai-model-still-delayed Thu, 13 Aug 2026 23:29:19 +0000 Global Companies & Markets International Telcos, Media & Tech /international/global/google-unveils-gemini-3-7-flash-ai-model-coding-and-agent-workflows-top-ai-model-still-delayed Delays to Gemini 3.5 Pro have left investors questioning Google’s roadmap https://www.businesstimes.com.sg/international/global/likely-2026-will-be-hottest-year-record-experts-say Thu, 13 Aug 2026 23:25:06 +0000 Global ESG International /international/global/likely-2026-will-be-hottest-year-record-experts-say “El Nino is a giant hammer that the climate gets hit with,” Berkeley Earth scientist Zeke Hausfather said https://www.businesstimes.com.sg/international/asean/become-major-hubs-south-east-asias-new-airports-need-strong-national-carriers Thu, 13 Aug 2026 23:00:00 +0000 Derryn Wong Asean Companies & Markets International Transport & Logistics /international/asean/become-major-hubs-south-east-asias-new-airports-need-strong-national-carriers Singapore still a leading air hub, but managing costs crucial to retaining its edge, says sales agent Aviareps https://www.businesstimes.com.sg/international/uae-says-iran-attacked-two-adnoc-vessels-strait-hormuz-no-injuries Thu, 13 Aug 2026 22:57:12 +0000 International /international/uae-says-iran-attacked-two-adnoc-vessels-strait-hormuz-no-injuries ADNOC said it was significantly affected by what it described as unprovoked attacks on its personnel and assets https://www.businesstimes.com.sg/international/global/houthis-hit-aramco-jazan-refinery-second-time-week Thu, 13 Aug 2026 22:56:00 +0000 Global International /international/global/houthis-hit-aramco-jazan-refinery-second-time-week The group’s forces fire two drones at the refinery and hit it, with the attack causing negligible damage to a tank https://www.businesstimes.com.sg/international/trump-administration-impose-tariffs-drone-imports-white-house-says Thu, 13 Aug 2026 22:40:18 +0000 International /international/trump-administration-impose-tariffs-drone-imports-white-house-says A proclamation signed by Trump imposes a 100% ad valorem tariff on drones that are sensitive for national security purposes https://www.businesstimes.com.sg/international/fitch-keeps-united-states-aa-cites-economic-resilience-amid-fiscal-risks Thu, 13 Aug 2026 22:17:49 +0000 International /international/fitch-keeps-united-states-aa-cites-economic-resilience-amid-fiscal-risks It downgraded the US sovereign rating by one notch from the top-tier triple-A rating in 2023 https://www.businesstimes.com.sg/international/asean/thaibev-posts-improved-ebitda-despite-revenue-decline Thu, 13 Aug 2026 15:37:59 +0000 Lionel Lim Asean International New Articles /international/asean/thaibev-posts-improved-ebitda-despite-revenue-decline The Thai brewer’s revenue is down 1.8% at 254 billion baht, with the fall led by its beer segment https://www.businesstimes.com.sg/companies-markets/indias-tata-motors-says-change-group-chairman-wont-affect-investment-plans Thu, 13 Aug 2026 15:15:00 +0000 Companies & Markets International /companies-markets/indias-tata-motors-says-change-group-chairman-wont-affect-investment-plans [MUMBAI] India’s Tata Motors Passenger Vehicles said on Thursday (Aug 13) its investment spending will not change following the exit of parent... https://www.businesstimes.com.sg/companies-markets/jd-com-expects-second-half-electronics-sales-improve-after-quarterly-revenue-falls Thu, 13 Aug 2026 14:25:00 +0000 Companies & Markets International /companies-markets/jd-com-expects-second-half-electronics-sales-improve-after-quarterly-revenue-falls This is its first quarterly revenue decline in more than a decade https://www.businesstimes.com.sg/companies-markets/wall-st-opens-higher-investors-weigh-weaker-oil-ppi-data Thu, 13 Aug 2026 13:46:04 +0000 Companies & Markets International /companies-markets/wall-st-opens-higher-investors-weigh-weaker-oil-ppi-data [NEW YORK] Wall Street’s main indexes opened higher on Thursday (Aug 13) as crude oil prices fell, improving risk appetite, while investors... https://www.businesstimes.com.sg/international/us-producer-prices-unchanged-july Thu, 13 Aug 2026 13:33:00 +0000 International /international/us-producer-prices-unchanged-july The flat reading followed a revised 0.1% drop in June https://www.businesstimes.com.sg/international/us-weekly-jobless-claims-increase-moderately-point-stable-labour-market Thu, 13 Aug 2026 13:10:00 +0000 International /international/us-weekly-jobless-claims-increase-moderately-point-stable-labour-market Initial claims for state unemployment benefits rose 9,000 to a seasonally adjusted 209,000 for the week ended Aug 8 https://www.businesstimes.com.sg/international/ackman-unveils-six-new-investments-biggest-portfolio-overhaul-years Thu, 13 Aug 2026 12:51:21 +0000 International Companies & Markets /international/ackman-unveils-six-new-investments-biggest-portfolio-overhaul-years Ackman believes the firms’ earnings are poised for strong growth https://www.businesstimes.com.sg/companies-markets/banking-finance/greenback-steadies-after-benign-us-inflation-curbs-fed-rate-hike-bets Thu, 13 Aug 2026 12:14:39 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/greenback-steadies-after-benign-us-inflation-curbs-fed-rate-hike-bets Data on Wednesday showed US consumer prices increased 0.1 per cent in July, in line with economist expectations https://www.businesstimes.com.sg/international/indias-goods-trade-deficit-hits-6-month-high-mideast-conflict-lifts-imports Thu, 13 Aug 2026 11:07:18 +0000 International /international/indias-goods-trade-deficit-hits-6-month-high-mideast-conflict-lifts-imports The war drove up the country’s oil import bill and global freight rates https://www.businesstimes.com.sg/property/australia-housing-prices-drop-slows-economy Thu, 13 Aug 2026 09:32:44 +0000 Property International /property/australia-housing-prices-drop-slows-economy [SYDNEY] A fall in home prices is making financial conditions in Australia more restrictive, according to a senior central bank official, helping... https://www.businesstimes.com.sg/international/thai-consumer-confidence-rises-july Thu, 13 Aug 2026 08:26:14 +0000 International /international/thai-consumer-confidence-rises-july The increase is due to government stimulus measures and easing oil prices https://www.businesstimes.com.sg/companies-markets/japanese-shares-end-higher-chip-gains-earnings-outlook Thu, 13 Aug 2026 07:53:50 +0000 Companies & Markets International /companies-markets/japanese-shares-end-higher-chip-gains-earnings-outlook The shares extended gains to a seventh straight session https://www.businesstimes.com.sg/international/uk-gdp-bounced-june-helped-gulf-ceasefire-world-cup-and-sunshine Thu, 13 Aug 2026 06:56:55 +0000 International /international/uk-gdp-bounced-june-helped-gulf-ceasefire-world-cup-and-sunshine GDP rose by 0.3% from May when it was revised down to show no growth https://www.businesstimes.com.sg/companies-markets/tatas-us120-billion-wager-future-growth-limbo-shock-exit-chairman Thu, 13 Aug 2026 06:50:34 +0000 Companies & Markets Global International /companies-markets/tatas-us120-billion-wager-future-growth-limbo-shock-exit-chairman Tata Sons’ board had already begun pushing for a strategic recalibration even before the departure was announced https://www.businesstimes.com.sg/international/asean/msci-drops-s-e-asian-heavyweights-sembcorp-goto-and-ayala-land-global-benchmarks Thu, 13 Aug 2026 04:54:37 +0000 Elisa Valenta Asean International /international/asean/msci-drops-s-e-asian-heavyweights-sembcorp-goto-and-ayala-land-global-benchmarks There are zero additions from the region; Malaysia and Thailand record no constituent changes https://www.businesstimes.com.sg/international/global/credible-missile-threat-led-secret-nato-summit-flight-swap-trump-source Thu, 13 Aug 2026 04:08:58 +0000 Global International /international/global/credible-missile-threat-led-secret-nato-summit-flight-swap-trump-source US officials were alarmed to discover that Iranians knew where Trump was staying in Ankara, including the exact floor of his hotel https://www.businesstimes.com.sg/international/asean/ride-hailing-firm-goto-cut-msci-indexes-review Thu, 13 Aug 2026 03:11:00 +0000 Asean Companies & Markets International /international/asean/ride-hailing-firm-goto-cut-msci-indexes-review This follows a warning in May that the stock would be deleted if it failed relevant liquidity requirements https://www.businesstimes.com.sg/international/global/south-korean-stocks-surge-22-10-days-amid-global-rebound-ai-trade Thu, 13 Aug 2026 02:40:48 +0000 Global Capital Markets & Currencies Companies & Markets International /international/global/south-korean-stocks-surge-22-10-days-amid-global-rebound-ai-trade Enthusiasm for tech hardware stocks is returning on evidence of continued massive AI spending by global big tech firms https://www.businesstimes.com.sg/international/japans-wholesale-inflation-remains-high-bolstering-odds-september-boj-hike Thu, 13 Aug 2026 01:16:09 +0000 International /international/japans-wholesale-inflation-remains-high-bolstering-odds-september-boj-hike Yen’s weakness was pushing up import costs and broader inflation https://www.businesstimes.com.sg/companies-markets/ford-stop-importing-suv-model-china-us-amid-trumps-reshoring-push Thu, 13 Aug 2026 01:07:52 +0000 Companies & Markets International Transport & Logistics /companies-markets/ford-stop-importing-suv-model-china-us-amid-trumps-reshoring-push The US president has pressured automakers to shift more production home, imposing higher tariffs on imported cars and parts https://www.businesstimes.com.sg/international/global/race-regain-ai-model-supremacy-why-google-shifted-power-its-top-ranks Thu, 13 Aug 2026 00:17:09 +0000 Global Companies & Markets International Telcos, Media & Tech /international/global/race-regain-ai-model-supremacy-why-google-shifted-power-its-top-ranks Fresh concerns about DeepMind’s autonomy being subsumed by Google have surfaced https://www.businesstimes.com.sg/international/trump-sued-over-service-offers-paid-early-access-truth-social-posts Wed, 12 Aug 2026 22:46:45 +0000 International Companies & Markets /international/trump-sued-over-service-offers-paid-early-access-truth-social-posts Plaintiffs call the Truth API service ‘profoundly corrupt’ as the president stands to gain financially when subscribers sign up https://www.businesstimes.com.sg/international/global/iran-says-no-progress-reviving-interim-peace-deal-us Wed, 12 Aug 2026 22:42:33 +0000 Global International /international/global/iran-says-no-progress-reviving-interim-peace-deal-us Agreement struck in June has swiftly unravelled as both sides accuse each other of failing to stick to terms https://www.businesstimes.com.sg/international/trump-administration-set-spend-least-us900-million-white-house-construction Wed, 12 Aug 2026 15:10:35 +0000 International /international/trump-administration-set-spend-least-us900-million-white-house-construction [WASHINGTON] The Trump administration is set to spend at least US$900 million for construction projects on the White House grounds, the Washington... https://www.businesstimes.com.sg/companies-markets/energy-commodities/global-2026-oil-supply-shortfall-deepen-hormuz-reopening-remains-elusive Wed, 12 Aug 2026 14:22:41 +0000 Energy & Commodities Companies & Markets International /companies-markets/energy-commodities/global-2026-oil-supply-shortfall-deepen-hormuz-reopening-remains-elusive “Global oil supply has fallen well below demand” the IEA said in a monthly report https://www.businesstimes.com.sg/companies-markets/sp-500-nasdaq-open-higher-after-inflation-data-earnings-boost Wed, 12 Aug 2026 13:45:39 +0000 Companies & Markets International /companies-markets/sp-500-nasdaq-open-higher-after-inflation-data-earnings-boost [NEW YORK] The S&P 500 and the Nasdaq opened higher on Wednesday (Aug 12) as investors assessed largely in-line inflation data, while... https://www.businesstimes.com.sg/companies-markets/banking-finance/switzerland-launches-consultation-stricter-bonus-rules-banks Wed, 12 Aug 2026 13:33:32 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/switzerland-launches-consultation-stricter-bonus-rules-banks The measures will boost financial stability following the 2023 collapse of Credit Suisse https://www.businesstimes.com.sg/international/us-consumer-prices-increase-expected-july Wed, 12 Aug 2026 13:08:51 +0000 International /international/us-consumer-prices-increase-expected-july The Consumer Price Index (CPI) edged up 0.1% last month after dropping 0.4% in June https://www.businesstimes.com.sg/companies-markets/transport-logistics/indias-tata-motors-posts-8-3-quarterly-profit-rise-higher-demand Wed, 12 Aug 2026 12:43:07 +0000 Transport & Logistics Companies & Markets International /companies-markets/transport-logistics/indias-tata-motors-posts-8-3-quarterly-profit-rise-higher-demand It benefitted from demand in infrastructure, logistics and freight customers