The Business Times

Trust vacuum in Web3 after FTX failure; regulations loom “It is a very painful time for the whole industry, as the collapses suck a tremendous amount of liquidity out of the crypto economy,” said metaverse startup Avium'…

Hyflux sues Olivia Lum for more than S$690 million over alleged negligence, fiduciary duty breach Lum has denied the allegations in the defence she filed last week through her lawyers.

Singapore’s Sea freezes salaries, cuts bonuses as tougher 2023 looms Sea has lost some 77% of its value this year on questions about its prospects in an era of rising interest rates and intensifying competition.

Global economy bets on China learning to live with Covid The World Bank now sees China’s economy growing 2.7% this year and 4.3% in 2023.

South Korean, Chinese telcos strongest contenders in Asian telecoms space: analysts Chinese telcos are growing their earnings and raising dividend payout ratios, but they could face policy risks such as tariff cuts and m…

People’s Park Centre, Loyang Valley en bloc tenders close without bids Industry observers have cited People’s Park Centre's large price tag exceeding S$1 billion as a stumbling block for developers, especially in view of…

Structural and policy cushions mean Asean can still outperform rest of the world Analysts say that “the big wildcard in 2023 is China’s reopening, which could partially offset the US and Europe slowdown, and strengthen A…

Micron sets 10% job cuts in 2023 due to ‘supply-demand mismatch’ It forecasted a much steeper-than-expected second-quarter loss and said it will lay off 10% of its workforce next year.

Here are the 10 biggest Asian IPOs to watch out for in 2023 A comeback of Jack Ma’s Ant Group listing would potentially be the most high-profile IPO.

Applied Materials announces S$600 million Singapore facility Chipmaker Applied Materials' 2030 plan for Singapore will drive precision engineering industry growth while benefitting local companies, says the Economic Deve…

BT’s World Cup CEO challenge nets S$26,000 for Budding Artists Fund While Prudential Singapore’s CEO Dennis Tan emerged the champion of the challenge, the true winners are financially disadvantaged children and youths.

Hong Kong’s tiniest apartments take biggest hit in housing slump Buyers are snubbing so-called nano-flats as they opt for bigger options following mortgage policy changes and price drops.

Slippery outlook for crude oil amid macro woes, but bulls can still hope Tight supply from the dislocation of Russian oil, potential output cuts by the oil cartel and the much-anticipated China reopening could invigorate…

Musk will resign as Twitter CEO and focus on engineering He confirmed he will step down as chief executive officer of Twitter after finding a successor, though he plans to retain control over the company’s engineering te…

#BTthrive: New year career resolutions New year new you: With 2023 just around the corner, don't be afraid to go big with your ambitions but also be S.M.A.R.T about it. Here's how: Need more no-frills content on money, w…

Singapore, Jiangsu to work more closely in green development, innovation Bilateral trade between Singapore and Jiangsu has trended upwards over the past five years, growing 12.5% year on year to reach US$12.8 billion in…

Upcoming GST hike is just part of wider inflation woes: businesses Businesses are unlikely to absorb the 1 percentage point rise in the goods and services tax, as they already face other cost pressures.

COE prices down except for big cars at last tender exercise for 2022 In the category for larger cars and more powerful EVs, the premium rose from S$105,501 to S$108,006, an increase of 2.4%.

#BTOpinion: Coming legislation for virtual general meetings presents opportunity to rethink investor engagement With some imagination and investment in technology, the hybrid format for shareholder meetings could be more…

Latest Treasury bill yields 4.28% in Singapore’s last auction for 2022 In the last six-month Treasury bill (T-bill) auction of the year, the cut-off yield managed to stay above 4%, at 4.28% when auction closed on Wednesd…

Company delistings to remain elevated given tough market: analysts Bankruptcies could rise next year and lead to more delistings, as the likelihood of a global recession has increased, says one analyst.

#BTExplains: These are the fees you pay when buying funds Whether you’re a seasoned investor or someone starting out for the first time, here’s what you should know about the fees for each investment platform - especiall…

Musk is looking for a new Twitter CEO after losing poll This after he lost a straw poll that asked whether he should relinquish his role as head of the company - 57.5% said yes.

Singapore’s consumer sector cautiously optimistic about 2023 Even as the retail and hospitality sectors prepare for robust demand, their main concerns going into 2023 are continued labour shortages, rising rents and othe…

Asian bourses join billion-dollar race to tap carbon offset boom What’s clear is that money in Asia is flowing into the space, with investors betting the flurry of climate pledges from countries and companies will drive…

#BTOpinion: Mind the triple whammy of higher debt, tax and wage costs hitting Singapore stocks A number of trends could create unfriendly terrain for listed companies. But a silver lining could emerge if higher wages lif…

🎥Singapore tops world’s most expensive cities in 2022 Singapore and New York are ranked as the world’s most expensive cities in 2022 according to the Worldwide Cost of Living index. But is this a true reflection of the…

Climbing 14 flights of stairs to watch a World Cup match It wasn't just football stars breaking a sweat during the World Cup, BT's Dylan Tan also got a good workout getting to his seat - but he would gladly climb those s…

People transformation crucial to a company’s strategic agenda: UOB’s Dean Tong "If change is not painful, then you’re not changing enough. When you hear people complain, but you start to see them moving along with you, t…