The Business Times

Once unstoppable, Top Glove's Lim Wee Chai loses billions after markets savaged The maker of one out of every 4 gloves in the world said in September 2020 it expected "fresh highs" after profit surged 1,500%.

Four adjoining units at Peninsula Plaza put on the market with S$60m guide price The 999-year units are fully leased to long-term tenants operating food and beverage and public entertainment businesses.

Condo resale prices rise for 23rd straight month; volume slides 17.2%: SRX, 99.co Year-on-year, all three categories — Core Central Region (CCR), Rest of Central Region (RCR), and the Outside Central Region (OCR) — also…

Three Arrows liquidators win power to subpoena absent founders Liquidators are seeking information about banks accounts and digital wallets tied to Three Arrows.

CK Holdings selling Tampines HQ building at guided price of S$32m CK Holdings is selling its 6-storey headquarters building, and the expression-of-interest exercise starts today (Jul 13) and closes on Sep 8.

#BTOpinion: Rising interest rates may not stop home prices from rising In the latest #TheLevelGround, BT cautions that though new homes could still make sound investments, would-be buyers should carry out more sensitivit…

PODCAST: Why not hope for a V-shaped recovery? How will the Fed’s rate hikes impact markets and how should investors position themselves with inflation raging? Senior Correspondent Ben Paul has the answers. #btpodcasts #…

#BRUNCH: Singapore Social The pandemic has sparked interest in social clubs as memberships are on a steady rise. But it's not the facilities or activities that made people stay, it's the social and emotional bonds built.…

New car, active hiring suggest Tesla Singapore supply woes are over Prices start at S$142,471 without Certificate Of Entitlement (COE) for a basic version with a single motor.

#BTOpinion: The Big Four accounting firms got that way for a reason; they may stay that way The growing number of high-profile accounting scandals in recent years may have catalysed the belief that some accounting firms…

Three Arrows founders' whereabouts are unknown, foiling liquidators The liquidators are seeking a US judge's permission to subpoena Davies, Zhu and banks or crypto exchanges affiliated with Three Arrows to prevent the po…

Temasek’s portfolio crosses S$400b for first time, with unlisted assets at more than half of total value The S$22 billion increase in portfolio value from S$381 billion in the previous financial year ended March 2021 com…

Cash-like ETFs are finally paying pennies again Money has flooded into ultra-short ETFs this year as volatility sweeps across financial markets.

#BTOpinion: Banks should bear all phishing scam losses In the latest #MarktoMarket, BT writes that persistent waves of these scams suggest banks have underinvested in their online platforms even as customers were given n…

Hotpot chain Haidilao weighs IPO of overseas unit Haidilao is working with advisers on the potential spin-off and has not finalised details, people familiar with the matter have said.

Some mid-cap O&G plays having better times than peers on SGX Persistent tight supply in the oil market coupled with robust demand will likely see some favourite plays continue to shine for the rest of the year.

Hafary to acquire 11 shophouses on Lavender Street for S$71.28m The property, which consists of a row of 11 shophouses currently tenanted to popular cafes such as Apartment Coffee and Glacier, will be established as the…

Founder of collapsed Singapore oil trader Zenrock charged with S$147m fraud Zenrock was placed into judicial management in May 2020 with debts of more than US$600 million. It was one of many high-profile traders to colla…

BT’s first original video series, Generation Hustle, explores how young working adults pursue their careers and their outlook on money, work and growth. Episode 3 is out now, watch it here.

Japanese former prime minister Abe has died: NHK Abe, 67, had been delivering a speech near a train station in Nara when he was shot by an assailant. He was Japan’s longest-serving prime minister. bt.sg/Ub2p

The electric car market is about to get crazy and confusing For carmakers, the electric race is existential; for customers, however, it's bewildering. bt.sg/Ub8Z

Former Japan PM Abe unconscious after shooting Abe, 67, was apparently shot in the chest, national broadcaster NHK said, adding a man had been apprehended at the scene. bt.sg/Ub8w

Amazon said to have inked lease for 369,000 sq ft at IOI Central Boulevard Towers Talk in the market is that Amazon may be paying a gross effective monthly rental of around S$10 psf. IOI Properties is said to be targetin…

Tycoon whose bet broke the nickel market walks away a billionaire Nicknamed 'Big Shot', Xiang Guangda extricated himself from a short squeeze that rocked the global metals markets and is poised to walk away from the fias…

💰 Building a career and life from scratch as an expat in Singapore | Gen Hustle Dutch business designer, Felix Mollinga journeyed halfway across the world to seek new experiences as an exchange student in Lasalle. Fast…

Drop in funding is a warning to startups The numbers are stark. Investments in US tech startups plunged 23% over the past three months, to US$62.3 billion, the steepest fall since 2019, according to figures released by P…

Singapore unemployment rate flat at 2.2% in May, likelihood of downturn ‘low’ Among the 72,300 residents unemployed in May, 64,700 were citizens, said MOM. bt.sg/UbwU

HDB resale prices log 24th month of increase; June prices up 11.4% from a year ago The most expensive HDB flat resold was a 5-room DBSS unit at Natura Loft, which cost S$1.31 million. An executive apartment unit in Yishu…