The Business Times

Seatrium, CDL, Jardine C&C among stocks battered after MSCI exclusion Seatrium and Mapletree Logistics Trust are among the most actively traded in terms of volume.

Sandpiper Hotel in Little India back on the market for S$33 million The new price translates to around S$1.06 million per key.

Developers sell 301 new homes in April, down 58% on fewer launches Year on year, last month’s new home sales were 66.2% lower than the 890 units recorded in April 2023.

#BTOpinion: As the Japan stock market hits new peaks, is it too late for investors to catch the rising sun? With the tide turning in Japan’s favour, there could still be much to gain for investors this year.

Hot stock: Seatrium dives over 10% on heavy trading volumes As at 10.13 am, the index counter had lost as much as 11.1 per cent or S$0.20 to S$1.60 after 34 million securities changed hands, making it the most actively t…

Rather than Lawrence Wong’s choice of deputies, the post-GE Cabinet is the one to watch What bears watching, instead, is the Cabinet that will be formed if and when the People’s Action Party is returned to power at the n…

Start your day with BT ☕️: Stocks to watch: Golden Agri, First Resources, Singtel, UOL, StarHub, Frencken Top stories 1. Singapore: ‘We are prepared to relook everything’: Lawrence Wong on new leadership’s approach 2. Pr…

Sea posts US$23 million Q1 loss; higher costs temper record-high Shopee revenue The company’s e-commerce arm Shopee hit record highs in quarterly orders, gross merchandise value (GMV) and revenue – but this came with hig…

Consortium led by UOL and CapitaLand Development places top bid of S$805.4 million for Holland Drive site The group's bid works out to S$1,285 psf ppr.

CDL acquires Hilton Paris Opera Hotel from Blackstone funds for 240 million euros The historic hotel, which opened during the 1889 World’s Fair in Paris, is located in one of the city’s main business districts.

Singapore life insurance sales up 32.2% to S$1.4 billion in Q1 The Life Insurance Association, Singapore (LIA) said uptake of single-premium policies grew 46.4 per cent to S$500.4 million for the quarter.

Cordlife shareholders vote to remove three directors including acting chair Ho Choon Hou from board Three directors proposed by substantial shareholder Nanjing Xinjiekou Department Store were elected to the board.

OCBC prices US$500 million fixed-rate subordinated notes They are slated to be listed on the Singapore Exchange on May 23.

Start your day with BT ☕️: Stocks to watch: ThaiBev, OCBC, Bumitama Agri, Sasseur Reit, SBS Transit, LHN Top stories 1. Companies: Bankers need to learn to deal with ambiguity to navigate rising uncertainty: HSBC’s Ashmi…

Singapore’s Cabinet changes at a glance These changes to the Cabinet line-up and other political appointments will take effect from May 15, with the exception of Murali Pillai’s, which will be from Jul 1.

Gan Kim Yong to become new DPM in Singapore’s Cabinet reshuffle; no changes of ministerial portfolios Lawrence Wong will remain as Finance Minister, even after becoming prime minister.

New HDB resale listing service may improve price transparency, lessen reliance on agents The government service, offered free for now, may also result in less reliance on property agents, said analysts.

#BTOpinion: HDB flats: Give those ‘forced’ to buy resale units the chance to buy BTO flats Let singles buy larger BTO flats and high-income couples buy BTO units with safeguards.

Temasek-backed Climate Impact X to launch market intelligence service CIX Intelligence will offer access to a trade database comprising project- or contract-specific transactional data points across the voluntary carbon…

Cordlife to cancel private placement; MOH emphasises importance of local directors This comes after the High Court upheld an interim injunction that restrains the company from issuing new shares temporarily and dismissed…

Deloitte, KPMG in Singapore to raise starting salaries for some accounting roles With these changes, the annual salary package for fresh graduates joining as auditors will be 20% higher than the current package.

#BTOpinion: OCBC’s offer for Great Eastern is about responding to minority dissent, doubling down on its strategy A deal may bring early end to the public conversation about how the two entities could be better run for m…

Start your day with BT ☕️: Stocks to watch: ST Engineering, Genting Singapore, SIAEC, Frasers Property, GuocoLand Top stories 1. Companies: DBS, UOB, OCBC’s Q1 outperformance lifts optimism for 2024 profits 2. Companies:…

Timely gifts for Mother’s Day As a token of appreciation for Mum’s enduring love, a timepiece is a gift that lasts.

Beauty titan L’Oreal banks on technology A massive database and huge R&D investments propel its beauty tech.

Bordeaux en primeur report: Which 2023 vintage wines should you buy? Overall, the wines are far too heterogenous to call 2023 a great vintage, though some are pure magic.