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The Business Times

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South-east Asia's leading financial news site.

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Пости за 1 Лют 2024

12 публікацій

‘No real surprise’ as US Fed funds rate stays unchanged; analysts remain bullish on Asian markets “It does appear that the balance of risks is skewed towards inflation remaining sticky rather than the economy falling int…

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Investors’ fear over AT1 bonds long gone; supply expected to rise The prices of two tranches of AT1 bonds issued by UBS in November last year have increased by 6.9 per cent and 8.1 per cent, respectively, reflecting inve…

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Singtel partners Nvidia in new push to build green AI-ready data centres When these facilities are up and running, Singtel will offer GPU clusters to its customers to complement their cloud and AI needs.

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WATCH: Social media “is killing people”, US senators grill CEOs in Congress “You have a product that's killing people.” US senators on Wed (Jan 31) grilled leaders of the biggest social media companies and demanded legis…

·відео👁 9.7K

Hotel landlord who wanted to raise rent beyond cap stated in contract loses court fight The landlord, Hoon Kee Meng, is one of the sons of the late Hoon Thing Leong, who owned the Kim San Leng chain of coffee shops and w…

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Cut-off yield on 6-month T-bill slides to 3.54% The bills received a total of S$14.6 billion in applications for the S$6.3 billion on offer, representing a bid-to-cover ratio of 2.32.

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WATCH: TikTok CEO questioned over ties to China “No, senator. Again, I'm Singaporean,” said TikTok CEO Chew Shou Zi when asked if he had ever been a member of the Chinese Communist Party. Chew was repeatedly grilled on h…

·відео👁 10.2K

Singapore expects to see 15 million to 16 million visitors in 2024, below pre-Covid levels These visitors are expected to bring in S$26 billion to S$27.5 billion.

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DPM Wong to deliver 2024 Budget Statement on Feb 16 Reach – the Singapore government’s feedback and engagement unit – will hold an in-person Budget conversation on Feb 23 in English, and another in Mandarin on Mar 13. Fo…

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Noel Gifts gets go-ahead for Playfair Road sale; FY2024 results to benefit But the company expects to report a loss for the first half of the financial year.

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Fed keeps rates steady while Powell says March cut unlikely While Powell acknowledged the dramatic inflation progress seen in recent months, he repeatedly emphasised the need to see “more” data confirming that downward t…

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BYD earnings soar by 86% but growth slows How is BYD shaping the EV market? The Chinese EV giant expects to outpace Tesla with a net profit rise of 86.5% for 2023. Still, its shares fell by 4% as earnings missed analyst…

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