The Business Times

Hyflux sues Olivia Lum for more than S$690 million over alleged negligence, fiduciary duty breach Lum has denied the allegations in the defence she filed last week through her lawyers.

Singapore’s Sea freezes salaries, cuts bonuses as tougher 2023 looms Sea has lost some 77% of its value this year on questions about its prospects in an era of rising interest rates and intensifying competition.

Global economy bets on China learning to live with Covid The World Bank now sees China’s economy growing 2.7% this year and 4.3% in 2023.

South Korean, Chinese telcos strongest contenders in Asian telecoms space: analysts Chinese telcos are growing their earnings and raising dividend payout ratios, but they could face policy risks such as tariff cuts and m…

People’s Park Centre, Loyang Valley en bloc tenders close without bids Industry observers have cited People’s Park Centre's large price tag exceeding S$1 billion as a stumbling block for developers, especially in view of…

Structural and policy cushions mean Asean can still outperform rest of the world Analysts say that “the big wildcard in 2023 is China’s reopening, which could partially offset the US and Europe slowdown, and strengthen A…

Micron sets 10% job cuts in 2023 due to ‘supply-demand mismatch’ It forecasted a much steeper-than-expected second-quarter loss and said it will lay off 10% of its workforce next year.

Here are the 10 biggest Asian IPOs to watch out for in 2023 A comeback of Jack Ma’s Ant Group listing would potentially be the most high-profile IPO.

Applied Materials announces S$600 million Singapore facility Chipmaker Applied Materials' 2030 plan for Singapore will drive precision engineering industry growth while benefitting local companies, says the Economic Deve…

BT’s World Cup CEO challenge nets S$26,000 for Budding Artists Fund While Prudential Singapore’s CEO Dennis Tan emerged the champion of the challenge, the true winners are financially disadvantaged children and youths.

Hong Kong’s tiniest apartments take biggest hit in housing slump Buyers are snubbing so-called nano-flats as they opt for bigger options following mortgage policy changes and price drops.

Slippery outlook for crude oil amid macro woes, but bulls can still hope Tight supply from the dislocation of Russian oil, potential output cuts by the oil cartel and the much-anticipated China reopening could invigorate…