The Business Times

Tech stocks, bond yields could see upside on hawkish US Fed stance DBS says the high-for-longer interest rates will continue to spell positives for banks, given the current high interest rate plus slow but steady growth…

A Hong Kong property billionaire with a big family dilemma Out of the four biggest dynasties, the most vulnerable seems to be the Chengs, whose empire spans property flagship New World Development and retail jeweler Chow…

MAS to impose higher capital requirements on too-big-to-fail insurers The insurers are: AIA Singapore, Income Insurance, Prudential Assurance Company Singapore and The Great Eastern Life Assurance Company.

Singapore banks step up checks on Chinese clients with ‘investment-linked’ passports At least one international bank is closing some accounts of clients with citizenship from countries including Cambodia, Cyprus, Turkey…

Foodpanda could be sold in Singapore and other markets; report cites Grab as potential buyer Delivery Hero has confirmed that it is in negotiations to sell foodpanda’s businesses in Singapore, Malaysia, the Philippines,…

Singapore wealth management players unfazed by money laundering probe, welcome strong regulatory action “(There is) rule of law, stability, good regulations that are impartially enforced, availability of talent… So, why…

NTUC calls for allowances for workers undergoing long-term training, time-off to attend courses NTUC is calling for more upskilling support for workers, including providing training allowances for those undergoing “deep…

[INFOGRAPHIC] Once in a Mooncake It all began with a love story (doesn't it always?) As you enjoy that mooncake - all 750 calories of it - sit back and learn more about the history of these timeless treats in our interac…

Minimum 4% interest rates extended for some CPF accounts to end-2024 The 4% interest rate floor extension for all Special, MediSave and Retirement Account monies provides certainty for CPF members amid the uncertain inte…

Investment market seeing more buzz for office buildings, malls and hotels The Seletar Mall is expected to be put on market at a guide price of about S$500m.

US Federal Reserve leaves interest rates unchanged, sees tighter policy through next year But the US Federal Reserve stiffened its hawkish stance, with another rate increase projected by the end of the year.

US lifts gloves import ban on Supermax, units after forced labour remediation Apart from Supermax, other Malaysian glove makers such as Smart Glove and Brightway Group also had run-ins with the US Customs and Border Prot…

[BREAKING] Assets involved in anti-money-laundering probe balloon to S$2.4 billion These include bank accounts with an estimated value of more than S$1.127 billion, and cash amounting to more than S$76 million. Cryptocur…

#BTOpinion: No shame in exiting failed investments in search of better rewards elsewhere While investors are typically slow to sell losers in their portfolios, rationality must prevail - the exit of MoneyOwl is best seen…

NTUC calls for flexible work, statutory paid leave for workers with caregiving responsibilities Employers should ensure that work arrangements are flexible enough to cater to the needs of different caregivers and their l…

Car COE premiums hit new highs, Open category rises to S$144,640 Premiums for cars in Category A closed at $105,000, up from $101,000. Meanwhile, premiums for cars in Category B set a record at $140,889, above the previo…

Former New Silkroutes CEO Goh Jin Hian among four charged for false trading Goh Jin Hian, the former CEO of the investment holding group, is the son of former Prime Minister Goh Chok Tong.

Police partner six banks to avert scam losses of over S$17 million More than 800 ongoing scam cases were disrupted, said the police.

Bank of Singapore trust business sees significant post-Covid lift “Clients are triggered to think about their succession and legacy planning, because they’ve seen unexpected deaths happen during the pandemic."

Nio prices US$1 billion of 6 and 7-year convertible notes at 3.875% and 4.625% Interest on the notes are payable semiannually in arrears on Apr 15 and Oct 15 of each year, starting on Apr 15, 2024.

With Singapore Turf Club on its last legs, concerns surface over fundraising “The closure is not just a blow to the horse-racing industry, but also to those who have relied on proceeds from the club to aid them in living…

Surge in COE prices negates weaker yen’s effect on Japanese car prices "If we look at the rise in COE premium, the cost savings from the weaker yen has been completely wiped out, leading to higher overall prices of Japan…

Post-Covid, weak demand still main hurdle to Singapore’s ‘30 by 30’ food goal Buying local has taken a back seat amid consumers' cost-of-living concerns and lack of awareness about quality of produce, say farmers.

Parliament to consider Iswaran’s MP status only after investigation outcomes are revealed To take action on Iswaran's case in Parliament at this stage would be premature and “would be to prejudge the outcome of the inves…

OCBC to enable QR payments in China via Ant Group partnership “In China, credit card payment is not as prevalent as QR payment... We we have to be sensitised to the needs of… the customers as we enter different parts of…

✍️Editorial: Singapore’s F1 race has its detractors, but healthy ticket sales prove event has plenty of legs If the attendances at the last two events are any indication, it’s clear that the Singapore Grand Prix has far…

MAS action results in S$20.8 million in penalties, 39 convictions from 2022 to mid 2023 Notable actions included a record civil penalty of S$12.6 million slapped on Noble Group for disclosure-related offences.

MOF to consider having solely age-based components in Majulah Package The Ministry of Finance will consider making parts of the upcoming Majulah Package available based only on age, without additional criteria such as in…

Tweaking regulatory limits for S-Reit gearing seen as double-edged sword Higher interest rates and lower property valuations have pushed aggregate leverage ratios of Reits towards regulatory limits.