The Business Times

AT1 bondholders have little room for recourse if enterprise fails: lawyers “If the bond instrument says there are some capital requirements or clauses which reverse the order, bondholders would be pushed downwards,” expl…

EDB, ministries to see permanent secretary changes from May 1 The Economic Development Board’s (EDB) chairman, Dr Beh Swan Gin, will soon join the Ministry of Trade and Industry (MTI) as Permanent Secretary of Developmen…

TPG weighs sale of Singapore healthcare firm at US$1b valuation Private equity firm TPG is exploring selling its Singapore-based healthcare company, and investment funds and other hospital operators have shown preliminar…

#BTOpinion: Push hard to widen the ownership of Singapore property It may be timely to allow funds, which are widely owned by Singaporeans, to buy private homes without incurring ABSD, says BT's Leslie Yee.

BT, UOB extend deadline for Sustainability Impact Awards to Apr 30 The award seeks to recognise people and businesses who have had a positive impact on the environment and community.

First Citizens buys Silicon Valley Bank First Citizens has entered into a purchase and assumption agreement for all deposits and loans of SVB. The deal includes the purchase of about US$72 billion SVB assets at a discoun…

Genting’s prime Miami property attracts bids topping US$1 billion A prime waterfront Miami parcel put up for sale by Genting has attracted five offers exceeding US$1 billion, potentially setting a record for such propert…

Weighing bank AT1 perps: Are you compensated enough for the risk? Are you compensated enough for the risks you are taking, especially when deposits and short-term Treasury bills are paying well over 3%, BT's Genevieve Cu…

TikTok’s next stop is US courts as CEO falls flat It’s not just geopolitics riding on the outcome. ByteDance is backed by some of the world’s biggest financiers, from SoftBank to Sequoia Capital and Temasek Holdings.

AI deals hit by funding winter but VCs eye fresh opportunities “The buzz around ChatGPT has really made people a lot more aware of what AI bots can do,” said an observer, adding that many investors are also interested in…

PM Lee to meet Xi Jinping on official visit to China PM Lee’s trip will include visits to Beijing, Guangzhou and Bo’ao in Hainan Province, where he will deliver a speech at the Bo’ao Forum for the Asia Annual Conference.