The Business Times

FTX to file for US bankruptcy protection, CEO resigns The move comes days after larger rival Binance walked away from a proposed acquisition and left it scrambling to raise about US$9.4 billion (S$13 billion) from invest…

🎙PODCAST: Why did Singapore markets have a good week? Claressa Monteiro finds out. #marketfocus #btpodcasts Listen here: bt.sg/wR3G Also available on Apple, Spotify & Google

📍Promo ending soon! Subscribe to the latest market insights with The BT Personal Edition and receive an exclusive The Business Times x Hydro Flask bottle (worth S$66). Visit btsub.sph.com.sg/BTHydroFlask to find out mor…

Vickers Venture’s SPAC closes business combination with Scilex; starts trading on Nov 11 This comes comes some 10 months after the initial business combination announcement in March, and no announcements were made over a…

FTX’s assets frozen by regulators as probes begin FTX investors have marked their investments to zero, with Softbank being the latest to do so.

Market watchers say Golden Energy exit offer unfair, results for shareholders uncertain Shareholders could wind up disappointed as the offer is below the “overall SOTP (sum of the parts)” of the company, notes an analyst…

Malaysia’s economy expands 14.2% in Q3, exceeding economists’ forecasts Growth was driven by strong domestic consumption and robust exports.

Local brands make fashion and design sustainable “I wanted to create something that doesn’t just take from the planet, and instead gives back... an industry like fashion can be very polluting and destructive to the plane…

Dollar suffers biggest plunge since 2009 as CPI smacks Fed bets The consumer price report offered hope that the fastest price gains in decades are ebbing and giving Federal Reserve officials room to slow down.

GoTo plans to cut more than 1,000 jobs in bid to reach profit: sources The reduction, equal to more than 10% of the workforce, will affect all divisions, sources say.

Singapore tourist arrivals hit new post-Covid record of 816,758 in October The latest figure remains below the 1.5 million visitors recorded in September 2019 before the pandemic.

Governance indicators on long-serving directors, pay disclosures improve in new directors survey While more than half of respondents fully disclose the detailed remuneration of their directors and CEOs, there is “strong…

Apac sees rising demand for sustainable aviation fuel but lack of refuelling points for airlines a pain point Countries and companies are racing to build up their capabilities to produce sustainable aviation fuel (SAF),…