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-consumer-confidence-falls-worse-business-labour-views Tue, 28 Jul 2026 15:20:00 +0000 International /international/us-consumer-confidence-falls-worse-business-labour-views Elevated petrol and food prices likely weighed on US households https://www.businesstimes.com.sg/companies-markets/ups-hikes-full-year-forecasts-after-amazon-delivery-reductions Tue, 28 Jul 2026 14:50:11 +0000 Companies & Markets International /companies-markets/ups-hikes-full-year-forecasts-after-amazon-delivery-reductions UPS expects to generate revenue of US$91.2 billion in 2026, up from its previous forecast of US$89.7 billion https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/apple-second-company-hit-us5-trillion-market-value Tue, 28 Jul 2026 14:19:06 +0000 Telcos, Media & Tech Companies & Markets International /companies-markets/telcos-media-tech/apple-second-company-hit-us5-trillion-market-value [NEW YORK] Apple became just the second company ever to achieve a US$5 trillion market valuation. https://www.businesstimes.com.sg/international/asean/continuity-certainty-key-investors-indonesia-central-bank-governors-surprise-exit Tue, 28 Jul 2026 13:24:02 +0000 Elisa Valenta Asean International /international/asean/continuity-certainty-key-investors-indonesia-central-bank-governors-surprise-exit Markets are waiting to see if monetary policy credibility remains strong after leadership transition https://www.businesstimes.com.sg/international/us-goods-trade-deficit-contracts-less-expected-june Tue, 28 Jul 2026 13:22:49 +0000 International /international/us-goods-trade-deficit-contracts-less-expected-june Exports of goods fell US$3.8 billion to US$204.7 billion https://www.businesstimes.com.sg/companies-markets/visa-cut-7-workforce-ceo-seeks-revamp-payments-firm Tue, 28 Jul 2026 13:09:46 +0000 Companies & Markets International /companies-markets/visa-cut-7-workforce-ceo-seeks-revamp-payments-firm The cuts will primarily affect the technology and product teams https://www.businesstimes.com.sg/companies-markets/banking-finance/dollar-firms-one-month-high-markets-mull-fed-hike-odds Tue, 28 Jul 2026 12:55:35 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/dollar-firms-one-month-high-markets-mull-fed-hike-odds Markets are pricing a nearly 40% chance of a 25-basis-point rate increase on Wednesday https://www.businesstimes.com.sg/companies-markets/gsk-launches-us2-5-billion-savings-drive-boost-drug-pipeline Tue, 28 Jul 2026 11:42:25 +0000 Companies & Markets International /companies-markets/gsk-launches-us2-5-billion-savings-drive-boost-drug-pipeline [LONDON] GSK on Tuesday (Jul 28) launched a £1.9 billion (US$2.52 billion) cost-savings programme to help fund the British drugmaker’s late-stage studies,... https://www.businesstimes.com.sg/international/brookfield-bets-ai-inference-clean-power-india-while-tackling-curtailment-risks Tue, 28 Jul 2026 11:30:13 +0000 Sharanya Pillai International Companies & Markets Energy & Commodities ESG Startups & Tech Technology /international/brookfield-bets-ai-inference-clean-power-india-while-tackling-curtailment-risks It expects the country to add 6 GW in data centre capacity for AI inference over the next 5 years https://www.businesstimes.com.sg/companies-markets/unilever-reports-best-quarterly-volumes-over-decade-upgrades-annual-forecast Tue, 28 Jul 2026 09:23:31 +0000 Companies & Markets International /companies-markets/unilever-reports-best-quarterly-volumes-over-decade-upgrades-annual-forecast It now expects underlying sales growth for 2026 to be within its multi-year forecast of 4%-6% https://www.businesstimes.com.sg/companies-markets/south-koreas-kospi-posts-biggest-fall-early-march-chipmakers-slump Tue, 28 Jul 2026 07:43:43 +0000 Companies & Markets International /companies-markets/south-koreas-kospi-posts-biggest-fall-early-march-chipmakers-slump The benchmark Kospi closed down 732.09 points, or 10.84%, at 6,023.66 https://www.businesstimes.com.sg/companies-markets/japans-nikkei-posts-lowest-close-more-two-months-chip-selloff Tue, 28 Jul 2026 07:14:33 +0000 Companies & Markets International /companies-markets/japans-nikkei-posts-lowest-close-more-two-months-chip-selloff The Nikkei has declined more than 14% since hitting a record high in mid-June https://www.businesstimes.com.sg/international/asean/us-probes-chinese-factories-vietnam-stoking-new-tariff-fears Tue, 28 Jul 2026 07:02:31 +0000 Asean International /international/asean/us-probes-chinese-factories-vietnam-stoking-new-tariff-fears Sources say the inspections are adding to concerns the White House may soon find reasons to pile more levies on the South-east... https://www.businesstimes.com.sg/companies-markets/transport-logistics/mercedes-cuts-revenue-outlook-china-luxury-slump-deepens Tue, 28 Jul 2026 06:58:30 +0000 Transport & Logistics Companies & Markets International /companies-markets/transport-logistics/mercedes-cuts-revenue-outlook-china-luxury-slump-deepens The average selling price fell to 64,700 euros from 67,700 euros a year earlier https://www.businesstimes.com.sg/international/asean/malaysias-sime-darby-property-launches-us640-million-sukuk-fund-data-centres-logistics-assets Tue, 28 Jul 2026 06:30:35 +0000 Tan Ai Leng Asean International /international/asean/malaysias-sime-darby-property-launches-us640-million-sukuk-fund-data-centres-logistics-assets Group’s push beyond its traditional business reflects rising demand for digital infrastructure financing https://www.businesstimes.com.sg/companies-markets/nvidia-employee-detained-taiwan-china-chip-smuggling-probe Tue, 28 Jul 2026 06:05:56 +0000 Companies & Markets International Startups & Tech Technology /companies-markets/nvidia-employee-detained-taiwan-china-chip-smuggling-probe This follows a slate of detentions linked to the export of the firm’s AI chips to China in violation of US trade... https://www.businesstimes.com.sg/international/south-koreas-consumer-confidence-hits-four-month-high-chip-boom Tue, 28 Jul 2026 05:34:11 +0000 International /international/south-koreas-consumer-confidence-hits-four-month-high-chip-boom The country’s economy grew 0.6% in the second quarter https://www.businesstimes.com.sg/international/asean/malaysian-economy-track-4-5-growth-central-bank-governor-says Tue, 28 Jul 2026 03:03:36 +0000 Asean International /international/asean/malaysian-economy-track-4-5-growth-central-bank-governor-says Economic growth is likely to be towards the upper end of the forecast, says Bank Negara Malaysia https://www.businesstimes.com.sg/international/asean/negeri-sembilans-record-investment-pipeline-faces-execution-test-aug-1-poll Tue, 28 Jul 2026 03:00:00 +0000 Asean International /international/asean/negeri-sembilans-record-investment-pipeline-faces-execution-test-aug-1-poll Malaysian state will need to translate approved projects worth about US$4.7 billion into economic growth https://www.businesstimes.com.sg/international/asean/umno-pas-marriage-again-anwar-staring-down-barrel-rekindled-malay-unity-pact Tue, 28 Jul 2026 01:00:00 +0000 Asean International /international/asean/umno-pas-marriage-again-anwar-staring-down-barrel-rekindled-malay-unity-pact Despite strong economic performance, Malaysia’s leader has struggled to win back Malay voters. The challenge just got harder https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-declines-traders-weigh-prospects-interest-rate-hike Tue, 28 Jul 2026 00:45:18 +0000 Energy & Commodities Companies & Markets International /companies-markets/energy-commodities/gold-declines-traders-weigh-prospects-interest-rate-hike This comes ahead of the US Federal Reserve’s potentially divisive rate decision on Wednesday https://www.businesstimes.com.sg/international/trump-says-theres-good-chance-iran-deal-amid-pause Tue, 28 Jul 2026 00:20:19 +0000 International /international/trump-says-theres-good-chance-iran-deal-amid-pause However, the US president warns of a return to fighting if no deal is reached https://www.businesstimes.com.sg/international/ustrs-greer-says-trumps-latest-tariffs-wont-have-economic-impact Mon, 27 Jul 2026 23:59:07 +0000 International /international/ustrs-greer-says-trumps-latest-tariffs-wont-have-economic-impact During Trump’s first term, Section 301 was invoked to impose steep duties on Chinese goods that remain in place despite several court... https://www.businesstimes.com.sg/international/china-says-us-pledged-cap-replacement-tariffs-20 Mon, 27 Jul 2026 23:54:29 +0000 International /international/china-says-us-pledged-cap-replacement-tariffs-20 The Trump administration’s new tariffs come as the US president rebuilds a protectionist wall https://www.businesstimes.com.sg/esg/half-americans-swelter-heat-wave-storms-ground-flights Mon, 27 Jul 2026 23:37:25 +0000 ESG International /esg/half-americans-swelter-heat-wave-storms-ground-flights The heat is also taxing power grids across the continent https://www.businesstimes.com.sg/companies-markets/porsche-shed-5000-jobs-2035-under-german-factory-pact Mon, 27 Jul 2026 15:27:59 +0000 Companies & Markets International /companies-markets/porsche-shed-5000-jobs-2035-under-german-factory-pact [STUTTGART] Porsche agreed to eliminate 5,000 jobs by 2035 as part of a deal with labour officials that protects its main German... https://www.businesstimes.com.sg/companies-markets/banking-finance/citi-traders-are-betting-fed-will-keep-rates-hold-week Mon, 27 Jul 2026 15:14:17 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/citi-traders-are-betting-fed-will-keep-rates-hold-week [WASHINGTON] Citigroup’s traders are betting the Federal Reserve will leave rates unchanged this week, even as the swap markets assign a more... https://www.businesstimes.com.sg/companies-markets/wall-st-opens-higher-pause-us-iran-hostilities-lifts-sentiment Mon, 27 Jul 2026 14:13:45 +0000 Companies & Markets International /companies-markets/wall-st-opens-higher-pause-us-iran-hostilities-lifts-sentiment [NEW YORK] Wall Street’s main indexes opened higher on Monday (Jul 27) after the United States and Iran paused hostilities, boosting risk... https://www.businesstimes.com.sg/international/us-core-capital-goods-orders-increase-strongly-june Mon, 27 Jul 2026 13:37:40 +0000 International /international/us-core-capital-goods-orders-increase-strongly-june [WASHINGTON] New orders for key US-manufactured capital goods increased strongly in June while shipments surged, pointing to a fairly solid pace of... https://www.businesstimes.com.sg/companies-markets/banking-finance/us-dollar-retreats-oil-slides-middle-east-pause-focus-central-banks Mon, 27 Jul 2026 12:34:46 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/us-dollar-retreats-oil-slides-middle-east-pause-focus-central-banks It dropped against other major currencies after the US paused its bombing in Iran https://www.businesstimes.com.sg/international/philippines-marcos-puts-anti-graft-campaign-centre-address-congress Mon, 27 Jul 2026 11:39:56 +0000 International Asean /international/philippines-marcos-puts-anti-graft-campaign-centre-address-congress He also alludes to ongoing tensions in the South China Sea, declaring that Filipinos “do not yield” https://www.businesstimes.com.sg/international/asean/why-copper-becoming-asias-next-ai-bottleneck Mon, 27 Jul 2026 10:36:53 +0000 Benicia Tan Asean Companies & Markets Energy & Commodities International /international/asean/why-copper-becoming-asias-next-ai-bottleneck Analysts say its higher prices are unlikely to derail data centre growth, but tighter supplies could stymie new capacity https://www.businesstimes.com.sg/international/rupee-extends-rally-rbi-intervention-oil-slump-trigger-stop-losses Mon, 27 Jul 2026 09:44:22 +0000 International /international/rupee-extends-rally-rbi-intervention-oil-slump-trigger-stop-losses Sentiment towards the rupee was aided by recent RBI measures aimed at attracting foreign currency inflows https://www.businesstimes.com.sg/international/asean/ai-demand-support-growth-asean3-region-amid-middle-east-headwinds-amro Mon, 27 Jul 2026 09:42:35 +0000 Evan See Asean International /international/asean/ai-demand-support-growth-asean3-region-amid-middle-east-headwinds-amro But strong dependence on tech is a downside risk if the sector hits a slump https://www.businesstimes.com.sg/companies-markets/malaysias-resource-anxiety-tests-asias-fastest-data-centre-build-out Mon, 27 Jul 2026 08:29:27 +0000 Companies & Markets International /companies-markets/malaysias-resource-anxiety-tests-asias-fastest-data-centre-build-out New projects in Johor must show how they will source electricity, with renewable energy increasingly a prerequisite for approval https://www.businesstimes.com.sg/companies-markets/astrazeneca-maintains-outlook-cancer-rare-disease-drugs-drive-profit-beat Mon, 27 Jul 2026 07:51:37 +0000 Companies & Markets International /companies-markets/astrazeneca-maintains-outlook-cancer-rare-disease-drugs-drive-profit-beat Core earnings for the three months ended June 30 jumped 18% to US$2.63 per share https://www.businesstimes.com.sg/international/global/how-did-chinas-dram-champion-cxmt-become-its-most-valuable-listed-company Mon, 27 Jul 2026 05:47:39 +0000 Global Companies & Markets International Telcos, Media & Tech /international/global/how-did-chinas-dram-champion-cxmt-become-its-most-valuable-listed-company Its US$487 billion market value after its debut put it at around half the valuation of Micron and SK Hynix https://www.businesstimes.com.sg/international/asean/thai-june-factory-output-falls-3-1-yy-weaker-forecast-rise-0-2 Mon, 27 Jul 2026 05:02:22 +0000 Asean International /international/asean/thai-june-factory-output-falls-3-1-yy-weaker-forecast-rise-0-2 The country’s manufacturing production index from January to June fell 0.4% https://www.businesstimes.com.sg/international/asean/indonesias-new-e-commerce-tax-mechanism-who-pays-who-loses-and-what-it-means-online-shopping Mon, 27 Jul 2026 04:00:00 +0000 Elisa Valenta Asean International /international/asean/indonesias-new-e-commerce-tax-mechanism-who-pays-who-loses-and-what-it-means-online-shopping The new regulation will apply from Aug 1 https://www.businesstimes.com.sg/international/global/will-he-or-wont-he-fed-chief-warsh-could-spring-big-surprise-raising-rates-week Mon, 27 Jul 2026 04:00:00 +0000 Global Banking & Finance Companies & Markets International /international/global/will-he-or-wont-he-fed-chief-warsh-could-spring-big-surprise-raising-rates-week If he chooses to stay put, he is likely to warn markets of a hike at next meeting in September https://www.businesstimes.com.sg/international/global/chinas-industrial-profit-growth-moderates-amid-patchy-recovery Mon, 27 Jul 2026 02:57:12 +0000 Global International /international/global/chinas-industrial-profit-growth-moderates-amid-patchy-recovery Industrial profit growth eased to 15.1% in June from 21.1% in May https://www.businesstimes.com.sg/international/global/chipmaker-cxmt-vaults-top-chinas-valuation-466-surge-shanghai-debut Mon, 27 Jul 2026 02:49:11 +0000 Global Capital Markets & Currencies Companies & Markets International Startups & Tech Technology /international/global/chipmaker-cxmt-vaults-top-chinas-valuation-466-surge-shanghai-debut Firm’s strong debut comes as as local markets navigate volatility following an AI-led sell-off https://www.businesstimes.com.sg/international/property-boom-ai-how-china-can-guard-against-its-next-corruption-risk Mon, 27 Jul 2026 02:46:09 +0000 International /international/property-boom-ai-how-china-can-guard-against-its-next-corruption-risk As China enters a new cycle of industrial transformation, the overlap between government and business is unlikely to diminish https://www.businesstimes.com.sg/international/asean/beyond-tariffs-trumps-playbook-pushes-us-solutions-asean-needs Mon, 27 Jul 2026 02:21:15 +0000 Asean International /international/asean/beyond-tariffs-trumps-playbook-pushes-us-solutions-asean-needs US officials will push the reliability of US equipment and technology to rebalance trade in favour of the world’s largest economy https://www.businesstimes.com.sg/international/asean/indonesia-arrests-former-top-graft-prosecutor-after-police-raids Mon, 27 Jul 2026 01:22:25 +0000 Asean International /international/asean/indonesia-arrests-former-top-graft-prosecutor-after-police-raids Adriansyah was once Indonesia’s most powerful anti-corruption prosecutor https://www.businesstimes.com.sg/international/asean/bank-indonesia-governor-perry-warjiyo-steps-down-surprise-move Mon, 27 Jul 2026 01:16:37 +0000 Asean International /international/asean/bank-indonesia-governor-perry-warjiyo-steps-down-surprise-move He reportedly resigned for personal reasons; Destry Damayanti appointed as interim governor https://www.businesstimes.com.sg/international/japans-june-services-producer-prices-rise-iran-war-keeps-freight-costs-high Mon, 27 Jul 2026 00:46:48 +0000 International /international/japans-june-services-producer-prices-rise-iran-war-keeps-freight-costs-high [TOKYO] Japan’s services producer price index rose 3.2 per cent in June from a year earlier, central bank data showed on Monday... https://www.businesstimes.com.sg/companies-markets/transport-logistics/red-sea-shipping-slows-after-houthi-attack-saudi-arabia-data-shows Mon, 27 Jul 2026 00:35:54 +0000 Transport & Logistics Companies & Markets International /companies-markets/transport-logistics/red-sea-shipping-slows-after-houthi-attack-saudi-arabia-data-shows Eleven commodity vessels pass through the Bab el-Mandeb strait on Sunday, the lowest level in months https://www.businesstimes.com.sg/international/global/trumps-latest-global-tariffs-are-being-challenged-us-court-heres-how Mon, 27 Jul 2026 00:31:02 +0000 Global International /international/global/trumps-latest-global-tariffs-are-being-challenged-us-court-heres-how The complaint by two small US businesses challenges the tariffs on three grounds https://www.businesstimes.com.sg/startups-tech/technology/nvidia-talks-openai-guarantee-us250-billion-financing-data-centre-wsj-reports Mon, 27 Jul 2026 00:14:25 +0000 Technology International Startups & Tech /startups-tech/technology/nvidia-talks-openai-guarantee-us250-billion-financing-data-centre-wsj-reports This helps the ChatGPT maker lease a 10-gigawatt project that SoftBank’s energy subsidiary is developing in southern Ohio https://www.businesstimes.com.sg/international/japan-pm-takaichis-approval-rating-slides-inflation-bites-yomiuri-poll Mon, 27 Jul 2026 00:06:08 +0000 International /international/japan-pm-takaichis-approval-rating-slides-inflation-bites-yomiuri-poll The approval rating for Takaichi’s administration dropped below 60 per cent for the first time https://www.businesstimes.com.sg/international/us-fed-faces-growing-pressure-hike-rates-oil-prices-rebound-inflation-risks-rise Sun, 26 Jul 2026 23:32:10 +0000 International /international/us-fed-faces-growing-pressure-hike-rates-oil-prices-rebound-inflation-risks-rise Inflation could also remain elevated due to AI-related demand, effects of new US tariffs https://www.businesstimes.com.sg/international/southern-china-faces-torrential-rain-floods-after-typhoon-noul-makes-landfall Sun, 26 Jul 2026 23:17:10 +0000 International /international/southern-china-faces-torrential-rain-floods-after-typhoon-noul-makes-landfall It is expected to bring strong winds and heavy rain as it moves inland https://www.businesstimes.com.sg/international/germany-hunts-islamist-suspect-after-berlin-pride-crowd-ramming Sun, 26 Jul 2026 23:01:51 +0000 International /international/germany-hunts-islamist-suspect-after-berlin-pride-crowd-ramming Suspect was a known Islamist who was released from detention just two months ago https://www.businesstimes.com.sg/international/asean/private-equity-tycoons-fuel-philippines-us30-billion-healthcare-boom Sun, 26 Jul 2026 23:00:00 +0000 Asean International /international/asean/private-equity-tycoons-fuel-philippines-us30-billion-healthcare-boom State funding gaps have turned the sector into a prime market for foreign capital https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-slumps-us-pause-iran-strikes-cools-regional-tensions Sun, 26 Jul 2026 22:38:05 +0000 Energy & Commodities Companies & Markets International /companies-markets/energy-commodities/oil-slumps-us-pause-iran-strikes-cools-regional-tensions Brent hits US$100 per barrel on Jul 23 as the conflict spilled over to the Red Sea https://www.businesstimes.com.sg/international/global/after-trump-calls-bombing-iran-signals-it-will-halt-strikes-long-us-does Sun, 26 Jul 2026 22:09:52 +0000 Global International /international/global/after-trump-calls-bombing-iran-signals-it-will-halt-strikes-long-us-does Trump decided to pause US attacks to allow more time for diplomacy, Mike Waltz said https://www.businesstimes.com.sg/international/asean/indonesian-metal-exports-face-delays-due-rare-earths-checks Sun, 26 Jul 2026 21:53:54 +0000 Asean Companies & Markets Energy & Commodities International /international/asean/indonesian-metal-exports-face-delays-due-rare-earths-checks Rare earths are prioritised for domestic use under a regulation issued last year https://www.businesstimes.com.sg/international/baltic-exchange-shipping-insights79 Sun, 26 Jul 2026 17:02:00 +0000 International /international/baltic-exchange-shipping-insights79 A roundup of the week’s tanker and dry bulk market (Jul 24, 2026) https://www.businesstimes.com.sg/international/us-iran-pause-more-strikes-after-recent-escalation Sun, 26 Jul 2026 14:50:58 +0000 International /international/us-iran-pause-more-strikes-after-recent-escalation THE US paused an almost two-week run of strikes against Iran for a second night while the Islamic Republic signalled that it... https://www.businesstimes.com.sg/international/uks-burnham-would-call-out-trump-if-britains-interest-he-tells-bbc Sun, 26 Jul 2026 13:21:21 +0000 International /international/uks-burnham-would-call-out-trump-if-britains-interest-he-tells-bbc New PM says leaders must defend national interest; he rules out an early general election before 2029 https://www.businesstimes.com.sg/international/oil-near-us100-puts-us-fed-and-other-central-banks-under-pressure-inflation-fears-resurface Sun, 26 Jul 2026 02:37:12 +0000 International /international/oil-near-us100-puts-us-fed-and-other-central-banks-under-pressure-inflation-fears-resurface Oil prices are just one of the potential inflation risks confronting policymakers https://www.businesstimes.com.sg/international/global/trump-holds-major-escalation-against-iran-amid-fears-over-dwindling-us-missile-interceptor Sun, 26 Jul 2026 01:51:31 +0000 Global International /international/global/trump-holds-major-escalation-against-iran-amid-fears-over-dwindling-us-missile-interceptor One official expressed doubts that resuming major combat operations would drive Iran back to the bargaining table https://www.businesstimes.com.sg/international/global/saudi-houthi-clashes-intensify-gulf-quiet-us-holds-iran-strikes Sun, 26 Jul 2026 00:38:55 +0000 Global International /international/global/saudi-houthi-clashes-intensify-gulf-quiet-us-holds-iran-strikes Separately, Iran accuses Ukraine of attacking an Iranian commercial vessel in the ​Caspian Sea https://www.businesstimes.com.sg/international/trump-seethes-iran-war-spirals-anew-no-end-sight Sat, 25 Jul 2026 02:46:44 +0000 International /international/trump-seethes-iran-war-spirals-anew-no-end-sight He has voiced anger about recent US casualties and expressed scepticism about returning to negotiations https://www.businesstimes.com.sg/international/us-business-activity-perks-july-helped-world-cup Fri, 24 Jul 2026 14:28:00 +0000 International /international/us-business-activity-perks-july-helped-world-cup New services business grew at the fastest since November https://www.businesstimes.com.sg/companies-markets/banking-finance/amex-lifts-revenue-forecast-unchanged-profit-outlook-weighs-shares Fri, 24 Jul 2026 14:00:00 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/amex-lifts-revenue-forecast-unchanged-profit-outlook-weighs-shares Billed business, a measure of total spending on AmEx cards, rose 9% to US$455.8 billion https://www.businesstimes.com.sg/companies-markets/wall-st-opens-subdued-after-tech-rout-mideast-tariffs-focus Fri, 24 Jul 2026 13:45:12 +0000 Companies & Markets International /companies-markets/wall-st-opens-subdued-after-tech-rout-mideast-tariffs-focus [NEW YORK] Wall Street’s main indexes opened subdued on Friday (Jul 24) after a tech-led selloff in the previous session, as investors... https://www.businesstimes.com.sg/companies-markets/banking-finance/hong-kong-eases-listing-thresholds-draw-more-ipos Fri, 24 Jul 2026 12:54:24 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/hong-kong-eases-listing-thresholds-draw-more-ipos They are part of a wider push by Hong Kong to strengthen its position as a fundraising hub https://www.businesstimes.com.sg/companies-markets/banking-finance/yen-heads-biggest-weekly-drop-may-despite-tokyos-support-pledges Fri, 24 Jul 2026 12:29:04 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/yen-heads-biggest-weekly-drop-may-despite-tokyos-support-pledges The yen’s weakness left the US dollar poised for a weekly gain of 0.89% https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/sk-hynix-tycoon-ordered-pay-us643-million-divorce-settlement Fri, 24 Jul 2026 11:02:44 +0000 Telcos, Media & Tech Companies & Markets International /companies-markets/telcos-media-tech/sk-hynix-tycoon-ordered-pay-us643-million-divorce-settlement [SEOUL] SK Hynix billionaire Chey Tae-won was ordered by a South Korean court to pay his former wife 944 billion won (US$643... https://www.businesstimes.com.sg/international/global/impact-us-forced-labour-tariff-singapore-economy-likely-contained-economists Fri, 24 Jul 2026 10:25:27 +0000 Tessa Oh Global International Singapore /international/global/impact-us-forced-labour-tariff-singapore-economy-likely-contained-economists Exemptions for semiconductors and electronics are expected to keep city-state’s export engine largely intact https://www.businesstimes.com.sg/international/eurozone-business-activity-unexpectedly-jumps-5-month-high Fri, 24 Jul 2026 09:28:50 +0000 International /international/eurozone-business-activity-unexpectedly-jumps-5-month-high It rose to 51.9, above the 50 threshold separating growth from contraction https://www.businesstimes.com.sg/international/thailand-raises-2026-growth-forecast-after-june-exports-beat-expectations Fri, 24 Jul 2026 08:23:25 +0000 International /international/thailand-raises-2026-growth-forecast-after-june-exports-beat-expectations Shipments to the US, its largest export market, surge 44.3% https://www.businesstimes.com.sg/international/asean/singapore-thailand-lift-asean-consumer-confidence-regional-outlook-diverges-uob-survey Fri, 24 Jul 2026 08:17:10 +0000 Tan Nai Lun Asean International /international/asean/singapore-thailand-lift-asean-consumer-confidence-regional-outlook-diverges-uob-survey Consumers overall more optimistic about macroeconomic environment but stay cautious on personal finances https://www.businesstimes.com.sg/international/japanese-shoppers-driving-jewellery-sales-record Fri, 24 Jul 2026 08:02:41 +0000 International /international/japanese-shoppers-driving-jewellery-sales-record Many are seeking a safe haven from inflation and the weakening yen https://www.businesstimes.com.sg/international/uk-retail-sales-beat-forecasts-again-strong-june-increase Fri, 24 Jul 2026 06:59:45 +0000 International /international/uk-retail-sales-beat-forecasts-again-strong-june-increase Total volume of goods sold in stores and online rose 1% in June https://www.businesstimes.com.sg/international/philippines-accuses-china-using-water-cannon-its-vessels-second-day-latest-south-china-sea-incident Fri, 24 Jul 2026 06:48:58 +0000 International /international/philippines-accuses-china-using-water-cannon-its-vessels-second-day-latest-south-china-sea-incident China’s Coast Guard said it had imposed “control measures” on several Philippine vessels   https://www.businesstimes.com.sg/international/jpmorgan-moves-over-30-china-quant-researchers-singapore-hk Fri, 24 Jul 2026 06:36:57 +0000 International Banking & Finance Companies & Markets /international/jpmorgan-moves-over-30-china-quant-researchers-singapore-hk The US bank has moved about 25 to 30 staff from Beijing and Shanghai to Singapore, sources say https://www.businesstimes.com.sg/property/us-mortgage-rates-rise-extending-gains-third-straight-week Fri, 24 Jul 2026 06:36:44 +0000 Property International /property/us-mortgage-rates-rise-extending-gains-third-straight-week The property market is facing pressure from the recent flareup in hostilities with Iran https://www.businesstimes.com.sg/international/asean/thai-june-exports-rise-20-8-year-higher-forecast Fri, 24 Jul 2026 05:03:46 +0000 Asean International /international/asean/thai-june-exports-rise-20-8-year-higher-forecast Shipments to the US, Thailand’s largest market, rose 44.3% in June from a year earlier https://www.businesstimes.com.sg/international/us-imposes-new-levies-60-trading-partners-why-trumps-tariff-plan-focuses-forced-labour Fri, 24 Jul 2026 04:05:26 +0000 International /international/us-imposes-new-levies-60-trading-partners-why-trumps-tariff-plan-focuses-forced-labour US says the affected countries either have not banned imports made with forced labour, or have not properly enforced such bans https://www.businesstimes.com.sg/companies-markets/banking-finance/ocbc-asset-world-corp-ink-pact-us200-million-sustainability-linked-loan Fri, 24 Jul 2026 04:03:37 +0000 Shikhar Gupta Banking & Finance Asean Companies & Markets ESG International /companies-markets/banking-finance/ocbc-asset-world-corp-ink-pact-us200-million-sustainability-linked-loan Tie-up will support AWC’s ‘growth-led strategy across its hospitality, commercial and lifestyle destination portfolio’ https://www.businesstimes.com.sg/companies-markets/banking-finance/japan-ready-take-decisive-action-forex-finance-minister-says Fri, 24 Jul 2026 03:44:04 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/japan-ready-take-decisive-action-forex-finance-minister-says The yen hit a fresh 40-year low at close to 164 per dollar. https://www.businesstimes.com.sg/startups-tech/technology/google-building-ai-fence-around-internet-it-once-championed Fri, 24 Jul 2026 03:37:15 +0000 Technology International Startups & Tech /startups-tech/technology/google-building-ai-fence-around-internet-it-once-championed The Silicon Valley giant has revamped its search with AI, impacting those who rely on it to funnel users to their website https://www.businesstimes.com.sg/international/global/not-credible-us-asian-allies-push-back-against-new-forced-labour-tariffs Fri, 24 Jul 2026 03:21:59 +0000 Global International /international/global/not-credible-us-asian-allies-push-back-against-new-forced-labour-tariffs New levies are less likely to be overridden by the US courts, says an expert  https://www.businesstimes.com.sg/international/asean/five-things-know-about-malaysias-kwap-efishery-controversy Fri, 24 Jul 2026 03:21:53 +0000 Tan Ai Leng Asean International /international/asean/five-things-know-about-malaysias-kwap-efishery-controversy How a Malaysian pension fund’s investment in an Indonesian unicorn became a governance flashpoint https://www.businesstimes.com.sg/international/asia-will-be-growth-engine-fedexs-salil-chari-riding-ai-boom Fri, 24 Jul 2026 03:00:00 +0000 Sharanya Pillai International Companies & Markets Transport & Logistics /international/asia-will-be-growth-engine-fedexs-salil-chari-riding-ai-boom Global logistics is in a volatile era but this has not derailed his focus on regional high-value trade https://www.businesstimes.com.sg/international/modi-seeks-calm-anger-rare-video-india-protests-widen-over-exam-paper-leak Fri, 24 Jul 2026 02:37:29 +0000 International /international/modi-seeks-calm-anger-rare-video-india-protests-widen-over-exam-paper-leak Protesters are demanding the resignation of education minister Dharmendra Pradhan https://www.businesstimes.com.sg/international/asean/aseans-success-tied-more-neutrality-play-not-extent-economic-integration-george-yeo Fri, 24 Jul 2026 02:10:18 +0000 Chloe Lim Asean International Singapore /international/asean/aseans-success-tied-more-neutrality-play-not-extent-economic-integration-george-yeo He also emphasises how peace and neutrality is always a consistent goal and strategic play for the bloc https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/asian-stocks-fall-amid-ai-spending-concerns-msci-asia-pacific-index-slides-1 Fri, 24 Jul 2026 01:32:31 +0000 Capital Markets & Currencies Companies & Markets International /companies-markets/capital-markets-currencies/asian-stocks-fall-amid-ai-spending-concerns-msci-asia-pacific-index-slides-1 The geopolitical backdrop is adding to investor scrutiny of the AI trade https://www.businesstimes.com.sg/international/japans-factory-activity-stays-firm-output-surges-july-pmi Fri, 24 Jul 2026 01:09:21 +0000 International /international/japans-factory-activity-stays-firm-output-surges-july-pmi Total new export business expanded at the fastest pace in four months https://www.businesstimes.com.sg/international/asean/cambodia-do-more-tackle-evolving-scam-networks-pm-hun-manet-tells-bloomberg-tv Fri, 24 Jul 2026 00:53:37 +0000 Asean International /international/asean/cambodia-do-more-tackle-evolving-scam-networks-pm-hun-manet-tells-bloomberg-tv United Nations estimates that up to US$114 billion was lost to scams in East Asia, South-east Asia, Australia and New Zealand in... https://www.businesstimes.com.sg/international/uk-consumer-sentiment-improved-burnham-headed-downing-street Fri, 24 Jul 2026 00:49:53 +0000 International /international/uk-consumer-sentiment-improved-burnham-headed-downing-street Britain’s economy outlook for the next 12 months was the most optimistic since October 2024 https://www.businesstimes.com.sg/international/japans-june-core-inflation-accelerates-stays-below-boj-target Fri, 24 Jul 2026 00:28:04 +0000 International /international/japans-june-core-inflation-accelerates-stays-below-boj-target The BOJ is expected to keep interest rates steady https://www.businesstimes.com.sg/startups-tech/technology/spacex-turning-away-falcon-customers-major-bet-starship Fri, 24 Jul 2026 00:11:48 +0000 Technology International Startups & Tech /startups-tech/technology/spacex-turning-away-falcon-customers-major-bet-starship This underscores the massive bet its founder Elon Musk is making on the unproven rocket central to his aim to put data... https://www.businesstimes.com.sg/companies-markets/energy-commodities/asian-european-buyers-hot-pursuit-us-crude-wars-escalate Thu, 23 Jul 2026 23:54:24 +0000 Energy & Commodities Companies & Markets International /companies-markets/energy-commodities/asian-european-buyers-hot-pursuit-us-crude-wars-escalate The commodity sees high demand, with May American oil exports at a record 5.66 million barrels a day https://www.businesstimes.com.sg/international/global/trump-weighs-wider-iranian-attacks-new-truce-still-elusive Thu, 23 Jul 2026 22:58:45 +0000 Global Companies & Markets International Transport & Logistics /international/global/trump-weighs-wider-iranian-attacks-new-truce-still-elusive The US president also says damages to ships and cargo will be paid for using frozen Iranian funds in the US’ possession https://www.businesstimes.com.sg/startups-tech/technology/nvidia-signs-us1-5-billion-accord-semiconductor-firm-amkor-chip-packaging Thu, 23 Jul 2026 22:38:24 +0000 Technology Capital Markets & Currencies Companies & Markets International Startups & Tech /startups-tech/technology/nvidia-signs-us1-5-billion-accord-semiconductor-firm-amkor-chip-packaging This boosts Amkor’s production in Asia to create a geographically diverse and resilient global supply chain https://www.businesstimes.com.sg/international/global/us-imposes-new-tariffs-60-partners-over-forced-labour-concerns-singapore-subject-12-5-levy Thu, 23 Jul 2026 21:55:06 +0000 Global International /international/global/us-imposes-new-tariffs-60-partners-over-forced-labour-concerns-singapore-subject-12-5-levy Excess-capacity tariffs are likely still to come and would stack on top of the new measures, says an expert