The Business Times

US: Stocks tank on tariff woes with S&P 500 suffering worst day since 2020 The Dow Jones Industrial Average closed 4.0% lower at 40,545.93, a loss of more than 1,600 points on Thursday.

US emerges as biggest loser in markets from Trump’s tariffs “The narrative is moving from US exceptionalism to US alienation,” said the head of institutional equities sales trading at Maybank Securities' in Singapore.

New US tariffs likely to hurt firms in Singapore; nearly half say they will pass on costs, survey finds Nearly seven in 10 (69%) said they expect the new tariffs to have a significant or moderate negative impact on their…

MAS says it ‘stands ready to curb excessive volatility’ in Singdollar, ensure orderly markets “MAS stands ready to curb excessive volatility in the Singapore dollar, and to ensure that Singapore’s foreign exchange and mo…

US tariffs impact could include global trade war; Singapore may downgrade full-year growth forecast: DPM Gan “We are naturally disappointed that despite our strong and longstanding economic and commercial relationship wi…

Despite offers to go West, Ya Kun Kaya Toast would rather deepen roots in South-east Asia After failing to gain traction in Dubai, Ya Kun aims to make eating kaya toast a regular habit for everyone in South-east Asia, as…

Thailand’s richest man picks bad day to debut his flagship firm The debut came after US President Donald Trump announced America’s steepest tariffs in a century which saw Thailand hit with 36%.

China says ‘firmly opposes’ new US tariffs, vows ‘countermeasures’ Beijing is urging Washington to “immediately cancel” the new tariffs. It has vowed retaliation to “safeguard its own rights and interests”. How are other…

#BTExplains: What are Trump tariffs and why Singapore’s not in direct line of fire While Singapore appears to have got off lightly, its Asean neighbours were slapped with high reciprocal rates. Why?

MAS tells fintech platforms to communicate underlying products in investment accounts clearly: sources In an earlier interview with BT, Chocolate Finance founder Walter de Oude said that “customers don’t read the fine pr…

Goh Cheng Liang, Li Xiting, Forrest Li top Forbes’ list of richest Singaporeans Paint tycoon Goh Cheng Liang, who holds a majority stake in Japan’s Nippon Paint Holdings, clinched the top spot among Singapore’s richest.

Singapore’s STI declines 0.7% amid deeper Asia losses on Trump tariffs As Singapore imposes no tariffs on US products under the US-Singapore Free Trade Agreement, it was only subject to the baseline 10% rate. ➡️Vietnam c…

Start your day with BT ☕️: Stocks to watch: OCBC, Stoneweg E-Reit Top Stories: 1. International: Trump announces 10% tariff on all imports, with higher rates for some countries 2. Singapore: New US tariffs likely to hurt…