The Business Times

Singapore and Hong Kong neck and neck in wooing MNCs Even though both cities have “deep talent pools” in various industries, such as the finance and tech fields, steep residential rent appreciation might deter expats fro…

Federal Reserve’s possible rate peaking fails to fuel rally in Singapore shares Industry watchers are surprised that stock markets did not respond more positively to the suggestion that this might be the end of the rate…

Former Hyflux director charged over neglect in failure to disclose material information on Tuaspring Lee Joo Hai's alleged neglect resulted in Hyflux on Mar 7, 2011 intentionally failing to notify SGX that the Tuaspring…

COE premiums end mostly lower, motorcycle COE falls to S$5,002 with new measures to curb speculation Motorcycle premiums plunged by 58.9% to $5,002 from S$12,179 in the last exercise. Meanwhile, premiums for cars in both…

#BTOpinion: Should there be a broader pool of investment options under CPFIS? CPFIS investors who prefer ETFs are left out of opportunities to profit from the rise of the best-performing stocks over the last decade such…

Heartland shops get a visual makeover Revamping a traditional Chinese medicine (TCM) hall into a modern and sleeker shop has attracted younger customers, thanks to a visual merchandising programme. Here's how three heart…

Upcoming longer training contracts could hurt law firms’ bottom lines Firms could see a loss of revenue as they are "generally not able to charge clients for their trainees’ learning while they work on client files," say…

Messi in talks for US$400 million Saudi deal The deal would far exceed the more than US$200 million deal Cristiano Ronaldo signed to play in Saudi Arabia until the summer of 2025.

HDB resale prices rise further in April amid falling volume: SRX, 99.co Prices of 5-room resale flats rose the most at 1.9%, while prices for 4-room flats increased by 0.3%.

Singapore’s April PMI contracts for second time in a row Singapore's overall factory activity resumed its downward trajectory in April, echoing the region-wide softening in manufacturing sentiment as external demand rema…

US Fed raises rates, opens door to pause in tightening cycle The US central bank raised its benchmark overnight interest rate by a quarter of a percentage point to the 5.00-5.25% range, as expected by financial markets.…

#BTOpinion: The banking crisis might not be over yet While regulators have seized First Republic Bank and sold it to JPMorgan Chase, the other regional banks are still bleeding deposits.

Asean must at least double infrastructure fund sourcing: ADB ADB said financing the infrastructure gap has gotten more challenging than before the pandemic, as debt levels are up, tax revenues down and public spending ha…

AI could help Asian fund firms win global mandates, says fund veteran Gerard Lee The CPF Investment Scheme needs a revamp, says veteran fund manager Gerard Lee, who believes the investing public has evolved far ahead of…

AI disruption deepens with Chegg plunge, IBM hiring halt, Samsung chatbot ban IBM is going to stop or slow hiring for jobs it believes will be replaced by artificial intelligence, which is about 30% of its 26,000 workers…

#BTOpinion: Reit managers, take note: General mandate to issue new units is least popular resolution at S-Reit AGMs Boards should be asking themselves why the general mandate is unpopular. Perhaps, investors, in these un…

#BTGarage: 5 Questions with Leslie Teo, economist-turned-techie "This recent wave sparked by ChatGPT has left me both amazed and unnerved." In this edition of #5Questions, GIC’s former chief economist Leslie Teo, who qui…

Keppel appeals for stronger valuations with reorganisation The reorganisation will remove the group’s conglomerate structure in favour of one which comprises fund management, investment and operating platforms, Keppel sa…

Ronaldo tops Forbes’ highest-paid athletes list in 2023 after Saudi move Ballin' Ballers: 1. Cristiano Ronaldo, US$136 million 2. Lionel Messi, US$130 million 3. Kylian Mbappe, US$120 million

Sats adds three Worldwide Flight Services executives to board; WFS CEO leaves WFS CEO Craig Smyth will be leaving the company, which Sats said was due to the “new direct reporting lines" to Kerry Mok, who is the presiden…

Dyson to set up next-gen battery plant in Singapore, double advanced manufacturing footprint in 2023 Dyson's new battery plant in Tuas - the size of 53 basketball courts - is the company's "most significant investment in…

Tencent, ByteDance gut metaverse units in virtual reality check Just months ago, China’s big tech firms were talking up the potential of their shiny new “metaverse” units, which were set to cash in on an online revolutio…

BT Explains: Why the latest property cooling measures may not lower new home prices While dampening investment demand could ease prices, developers could also counter that by regulating the supply tap.

Singapore Savings Bond interest rate curve flattens further; 10-year average return at 2.81% The June issuance, which opened on Tuesday (May 2), is offering a first-year interest rate of 2.81%, and a 10-year average retu…

Hin Leong’s ex-employee agrees OK Lim was ‘boss’ who would take responsibility if things went wrong A long-time former employee of Hin Leong Trading agreed with the defence counsel of Lim Oon Kuin that the fallen oil tyc…

Paul Anka’s music survived the test of time because he did things his way Lucky BT subscribers will get a chance to watch the legendary crooner sing his evergreen hits such as Diana, Put Your Head On My Shoulder and more…

Recovery of Chinese air travel bodes well for Asean airport operators: analysts The return of Chinese travellers is important, as they were one of the most important revenue sources for airports’ commercial and duty-free…

ADB announces programme to accelerate billions in climate change financing “With a model of ‘$1 in, $5 out’, the initial ambition of US$3 billion in guarantees could create up to US$15 billion in new loans for much-neede…

#BTOpinion: Can sales commissions of agents be squeezed to benefit consumers? As technology advances and more people become digital natives, conditions appear right to put the squeeze on the commission paid to property a…