The Business Times

Global measures to tackle inflation may cause recession, but must be taken: PM Lee PM Lee also acknowledged that major economic powers are currently not cooperating, which poses a problem not just for the global economy…

Cryptos are crashing, will NFTs be next? A symbol of the struggle is the forlorn attempt to re-sell an NFT of Twitter founder Jack Dorsey’s first tweet. Dorsey managed to sell the NFT for almost US$3 million last year bu…

Grab launches investment product Earn+, brings all financial services under new brand GrabFin Earn+ has a projected yield of 2 to 2.5 per cent and users will be able to start off with a minimum investment of S$1, with no…

Singapore core inflation hits 3.3% in April The rising price of food continued to drive inflation in April, with costs higher by 4.1 per cent year on year, up from 3.3 per cent in March.

INFOGRAPHIC: Carbon credit crash course Many climate mitigation strategies rely on credits and offsets in the interim. Here’s a quick rundown on how they work.

Billionaire Richard Li’s FWD wins nod for Hong Kong IPO: source The insurer is seeking to raise about US$1 billion in its Hong Kong offering, Bloomberg News has reported.

Bukit Sembawang’s Liv @ MB sells over 75% of units on launch weekend The project opened for preview on May 6, with indicative prices ranging from S$1.08 million for a 1-bedroom unit to S$3.63 million for a 4-bedroom delu…

China’s new rich drawn to Singapore Recent tightening of tax perk criteria for family offices has also made the Republic more attractive for HNWIs seeking diversification, exclusivity.

Manning the defences: the case for active management and diversification Asset allocation has become particularly challenging of late, with negative performances from bonds and equities alike impacting investor sentiment…

Closing the gap: Gender lens investing and the future of finance If women were equal participants in the workforce, it could add US$28 trillion to annual global GDP.

#BTLifestyle: Show and Shop Retailers are moving away from the cookie-cutter shopfronts to build spaces that makes the in-person experience irreplaceable.

#BTLifestyle: Sushi show at Unkai Apart from the cocktail bar feel, Unkai Sushi is as conventional Japanese as you can get, with an extensive menu that ranges from sashimi to donburi, soba and even century egg tofu. Can…

#BTLifestyle: Free and easy travel with no restrictions Dust off your passports and book your air tickets as these destinations have made it easier for travelers to visit. Here’s where to go without being subjected to qu…

#BTEXPLAINS: Not-so-stable coins: Why currency pegs don’t always work How currency pegs work, why pegs break and why stablecoins are, ironically, unstable.

WEBINAR: Gain insights on using ETFs to grow your portfolio at BT’s webinar Investors who are interested in tapping into ETFs to grow their portfolios and meet their retirement and savings goals can join BT at its webina…

Huawei, Singapore Poly launch AI and cloud services course; to train 120 participants in next 2 years Participants will be certified in 5 domains – computer networking, AI, cloud services, storage solutions and the Pytho…

#BRUNCH: Bamboo tissue makers are on a roll Wood pulp tissue is under scrutiny for deforestation, but convincing people to switch to recycled tissue and bidets isn’t easy. Some enterprises see a solution in a humble gras…

Temasek’s Azalea launches Astrea 7 PE bonds with fixed coupon of 4.125% and 6% Retail investors can also apply for US$100 million in Class B bonds, which pay a higher fixed interest rate of 6 per cent per annum.

Grab narrows losses for Q1 FY2022, driven by mobility, food and grocery verticals Revenue grew 6 per cent to US$228 million from US$216 million. Looking ahead, Grab is optimistic about the worst of pandemic restrictions…

5-room HDB flat at Henderson Road chalks up new resale record of S$1.4m The unit in Block 96A, at 1,216 square foot (sq ft) in size, is on the 41st floor of the 48-storey block, which gives it panoramic views of the area…

Nio shares surge over 20% in early trade in SGX mainboard debut Trading under the stock ticker “NIO”, its Class A ordinary shares on the SGX are fully fungible with its American depositary shares (ADS) listed on the New…

Asia markets suffer sell-off as Wall Street wobbles; uncertainty could extend into Q3 Investors are generally concerned about the health of the global economy in view of rising interest rates, collapse in household wealt…

How a trash-talking crypto bro caused a US$40b crash Do Kwon, founder of Terraform Labs, once dismissed critics' concerns over his company with a taunt: “I don’t debate the poor.”

MAS estimates 9,400 new permanent roles for financial sector in 2022 The highest demand - weighing in with more than 700 opportunities - will be for software developers and engineers.

COE premiums for larger cars up in latest tender exercise For larger and more powerful cars above 1,600 cc, the COE rose by 4.1 per cent from S$92,090 to S$95,889.

Two insurance agents charged over falsifying records, providing false information to MAS The 2 individuals, Eunice Yuen and Grace Tan, from Prudential Assurance Company Singapore were charged for offences under the Finan…

KPMG commits S$25m to pay raises, S$30m to lifelong learning programme KPMG also intends to continue paying out bonuses “competitively at the market rate” despite current global geopolitical and economic uncertainties.

Musk loses US$12b in a day as he tweets politics, slams ESG Musk shaved US$60.4 billion off his wealth this year, trailing only Binance's Changpeng Zhao, who's down US$81 billion, and Jeff Bezos's US$62 billion drop.

Highly leveraged homeowners may face double whammy from inflation, housing supply: IREUS Mortgage advisers polled by BT also said that mortgage rates in the city-state could be raised by 3 times this year.

Tiger Brokers Singapore caps settlement fee of US stocks and ETF trades In an email to its customers on Wednesday (May 18) evening, the brokerage also said that it will be contacting clients who had been affected by the…