The Business Times

World Economic Forum defers Davos meeting amid pandemic The high-powered meeting scheduled for Jan 17-21 will instead be held in “early summer”, the organisers said. This is not the first time WEF has postponed its annua…

AXA Singapore CEO Jean Drouffe dies at age 47 of rare cancer Drouffe, who joined AXA Group in 2000, succumbed to a rare and aggressive form of cancer this week, according to a LinkedIn post by Gordon Watson, AXA's chief…

PODCAST: In this 109th episode of Money Hacks, correspondent Howie Lim speaks to co-founder of Sophia and gender lens investor, Tanya Rolfe about closing the gender investing gap through education, especially since women…

Ng Yu Zhi faces 6 new charges; spent over S$100m on luxury cars, watches, property Over S$20 million was spent on 20 luxury cars, over S$15 million on high-end jewellery and luxury watches, over S$20 million for 4 proper…

Elon Musk says he'll pay over US$11b in taxes this year The unusually high levy comes after Musk exercised almost 15 million options and sold millions of shares to cover the taxes related to those transactions. That was…

#BTOpinion: After being crowned badminton's newest world champion, Loh Kean Yew can dream of Olympic glory next Godfrey Robert writes: "Loh's romance with badminton began when he was 4 years old, the gate outside his hom…

Toyota to halt production at 5 factories in January due to supply chain issues It said the stoppage at the factories will affect about 20,000 vehicles, but won't impact their annual target to manufacture nine million veh…

Dutch prosecutors to demand sentences for MH17 suspects Prosecutors will also formally present the indictment during three days of hearings from Monday, charging the men with the murders of all 298 people on the Boeing 7…

OUE to acquire 17.2% stake in Indonesian tech investment company for 1t rupiah Multipolar is a technology investment company with a portfolio covering retail and e-commerce, consumer services, financial services, technol…

China cuts interest rates for first time in 20 months The move marks the first reduction of the rate — which guides how much interest commercial banks charge to corporate borrowers — since April 2020. It also follows the…

Iris Capital launches Malaysia's first venture debt fund The Iris Fund will be co-managed by Hanwha Asset Management, in its first venture debt partnership in Malaysia. The fund's backers include Penjana Kapital, which i…

#BTOpinion #mark2market: Hunting for 'multi-baggers' in the Singapore market In his latest for this column, senior correspondent Ben Paul makes the case for "multi-bagger" stocks, and how active management and a willingn…

2 mDR senior executives misappropriate S$2.08 million in company funds The mainboard-listed group had discovered 2 separate cases of unauthorised use of its marketing incentive rebates at its subsidiaries - 3 Mobile Tele…

Manchin delivers potential fatal blow to Biden's US$1.75t spending bill The key Democratic US senator said he "just can't" support the US president's Build Back Better bill, aimed at expanding the social safety net and t…

Singtel flags A$304m of exposure, interest and penalties from Australian tax case loss The dispute relates to the acquisition financing of Singtel Optus, then known as Cable and Wireless Optus, in 2001. In 2016 the Austr…

Ringgit may continue to weaken through 2022, even as economy recovers: analysts Despite Malaysia's brightening economic prospects, the outlook of the ringgit will hinge on the pace at which the Fed withdraws asset purcha…

China's big tech money seen in US$2b worth of South-east Asian deals The year 2021 saw another wave of Chinese money flowing into South-east Asia, with tech giants Alibaba, Ant Group and Tencent participating in over 10…