The Business Times

PODCAST: DeFi can be thought of as open source finance which is truly owned by no one. And it has been known to give returns of up to 20-30%! But to truly understand what you’re investing in and make big money, it requir…

SpaceX said in talks to raise fresh funds at US$125b value: sources The funding round that's in the works would give SpaceX the mantle of being the highest valued US startup on record.

Singapore court freezes sale, transfer of Bored Ape Yacht Club NFT The investor, identified as Janesh Rajkumar on a court hearing list, is arguing for their equitable proprietary claim over the NFT, and accusing the defe…

BT’s Top Stories from Last Week 1. TerraUSD stablecoins collapse, MAS reiterates crypto warning bt.sg/3zqo 2. Olivia Lum may face legal action as Hyflux group lodges pre-emptive lawsuit bt.sg/3rGP 3. Singapore slaps 35%…

Genting tycoon seeks Singapore comeback with new cruise line Malaysian billionaire Lim Kok Thay's new cruise line shares the same name as Genting's Resorts World casino and resort franchise, though it will be run as a se…

SPAC produces one of world's biggest billionaire implosions Arrival's Denis Sverdlov, who was worth US$11.7 billion a year ago, lost his billionaire status last month as shares of the electric-vehicle maker he founded ha…

Trends to watch in the Singdollar bond issuance market In the year to date, the new SGD bond issuances are worth about S$6.3 billion, of which S$4.8 billion were priced from March to May after the Fed announced its first…

Allianz fund collapse ends in guilty plea, US$5.8b deal The deal announced Tuesday (May 17) brings to a close an embarrassing episode for the German insurance giant, which has agreed to sell the bulk of Allianz Global In…

Sea’s Q1 net loss widens to US$445.1m as gaming arm loses steam The company has also turned cautious on e-commerce, lowering the bottom band of its revenue forecast.

Foreign banks chase China’s pot of gold despite geopolitical tensions Over at DBS, South-east Asia’s largest bank believes over the long term, the continued structural rise of China, growth of its middle class and the li…

Singapore new private home sales flat in April, likely to climb in coming months Compared to a year ago, last month’s new sales excluding ECs sank by 48.6 per cent from the 1,270 transacted in April 2021, when there had…