The Business Times

An obscure corner of Wall Street is making billions trading inflation Goldman Sachs Group Inc partner, Nikhil Choraria, is a leading practitioner of the obscure art of inflation trading, a niche business that's exploded…

OpenSea NFT heist likely triggers drop in activity Activity on OpenSea, the world's largest marketplace for digital collectibles, likely dropped precipitously after a phishing attack that saw traders lose as much as an e…

ThaiBev to revive unit's US$2b Singapore IPO, sources say Should the IPO finally go ahead, it would be Singapore's biggest since the 2011 listing of Hutchison Port Holdings Trust, which raised US$5.5 billion, according t…

#BTOPINION: Investors should reward, not penalise telcos that shift from yield to growth In the latest #HOCKLOCKSIEW, BT writes that telcos should articulate coherent stories that tie their initiatives together in order…

Tanglin Shopping Centre sold for S$868m to Tanoto family's Pacific Eagle Real Estate Jeremy Lake, managing director of investment sales and capital markets at Savills Singapore, said: "The tender for Tanglin Shopping Cen…

OCBC Q4 profit falls 14% to S$973m; pays S$0.28 in dividends Net earnings for the full year rose 35 per cent to S$4.86 billion, fuelled by growth in non-interest income and lower allowances, which offset a decline in net…

BT’s Top Stories from Last Week: 1. Singapore’s young super-rich snap up island’s priciest homes bt.sg/J6vV 2. Ex-GIC CIO's low-key Singapore fund amasses US$10b for global foray bt.sg/Jboq 3. Singapore simplifies Covid-…

Big car COE premiums hurtle towards S$100,000 in wake of higher luxury car tax The price of the Open Category COE, which can be used for all vehicle types except motorcycles but is almost certainly exclusively deployed i…

Prevention key to tackling scams, customers bear responsibility too: OCBC's Helen Wong 'And a key thing is about whether customers also have the responsibility to safeguard their own money, and to safeguard their own ban…

Singtel to redevelop its Comcentre HQ for more than S$2b The telco plans to incorporate sustainable designs and digital technologies into the office, styling it as a "next-generation office development" that will house S…

Hong Kong Budget: What to expect from vouchers to interest rates To cushion the economy, Financial Secretary Paul Chan is expected to keep the fiscal taps open, driving the government's budget to its fourth deficit in a…

AEW selling 55 Market Street to Kajima unit for nearly S$287m The price for the 999-year building in the Raffles Place financial district works out to about S$3,450 psf on net lettable area.

Singapore's January core inflation hits 10-year high at 2.4%, headline inflation flat at 4% Food prices also rose by 2.6 per cent, up from December's 2.1 per cent, reflecting higher inflation for both non-cooked food and…

#SGBudget2022: The wealthy should not be expected to bear most or all of Singapore's tax burden: Lawrence Wong "If we start to have the attitude that most of the tax burden, or everything can be borne by the top 1 per ce…

#BTOPINION: Higher property taxes further dent investment case of Singapore private homes The draw of growing wealth through owning homes is being impacted by higher transaction and holding costs of such properties. For…

Listcos with diverse leadership are more profitable, NUS study finds "I don't think board experience matters as much as what a new member of the board would bring in terms of the insights, in terms of the perspectives… I…

Oil, gold prices shoot up as Russia-Ukraine standoff deepens The impact could be far reaching for many countries if the US and Europe impose sanctions and reduce Russia's ability to produce oil and natural gas and hence…

HSBC under investigation in US over WhatsApp use HSBC chief executive officer Noel Quinn told Bloomberg News the CFTC's work was part of a broad investigation by US authorities. "I don't think it's specific, I think it's…

#BTOPINION: Some hope for malls but only fittest will thrive in tough climate In this week's #THELEVELGROUND, BT writes that though retail landlords have been facing tough times amidst the pandemic, the outlook for malls…