The Business Times

S$850 million offer for Far East Shopping Centre falls through after owners reject lower price Only 60-something per cent of unit owners support the new bid, less than the requisite 80 per cent mandate.

South-east Asia on the radar as global supply chains make big shift FDI for Malaysia, Singapore and Vietnam hit record levels in 2022, while Cambodia and Indonesia’s growth was flat, although levels of investment remaine…

Start your day with BT ☕️: Stocks to watch: Nio, Sembcorp Top stories 1. Property: Serial biopharma entrepreneur’s wife buys bungalow behind Four Seasons Park for S$32.5 million 2. Singapore: Singapore household net wort…

Changi Airport Group full-year net profit up 13 times to S$431 million on post-Covid recovery Revenue rose 45 per cent to S$2.7 billion, from S$1.9 billion previously.

Temasek, GIC part of global coalition investing US$25 billion in IPEF emerging markets The coalition also aims to support economic development, sustainability goals of Indo-Pacific Economic Framework for Prosperity econo…

Singapore parents expect financial support from children in old age: survey The respondents see children as ‘great investment’ for retirement.

Nvidia tops US$3 trillion in value, leapfrogging past Apple The last time Nvidia was worth more than Apple was in 2002, five years before the first iPhone was released.

Bridging the gap in sustainable finance BRANDED CONTENT: Asset manager Amundi guides investors to capture energy transition opportunities.

Cut-off yield on latest Singapore 6-month T-bill rises to 3.76% The median yield offered in the latest auction stands at 3.5 per cent.

Emerging tech is making green buildings and sustainable construction more viable BRANDED CONTENT: Developers, landlords and tenants alike are also more willing to pay a premium for environmentally friendly features.

OCBC takes HNWI banking to next level as clients grow ‘more cosmopolitan and sophisticated’: Helen Wong She says that the conversation is no longer centred on what to invest in, but on how to safely pass their wealth and…

Changi Business Park emptying out as global tech, finance layoffs take toll Changi’s struggles contrast with Singapore’s packed downtown, where prime office rents soared to a 15-year high earlier this year and buildings…

Three keys to unlocking climate finance BRANDED CONTENT: OCBC sees proper risk allocation and regulatory actions as levers in successful climate financing.

Start your day with BT ☕️: Stocks to watch: OUE Reit, Yangzijiang Financial, UG Healthcare Top stories 1. ESG: Clean energy behind 10% of global growth in 2023, and it’s early days: Tharman 2. Companies: OCBC eyes rising…

Corporate disclosures for an ESG-focused audience BRANDED CONTENT: Accurate ESG reporting is increasingly important, and companies must rise to the challenge.

Tapping on a growing appetite for sustainable investing with conscious impact BRANDED CONTENT: At AllianzGI, active investment can help clients achieve sustainable returns amid rising interest in ESG flows.

Singapore April retail sales miss forecasts, fall 1.2% April’s total retail sales stood at S$3.9 billion. Online sales accounted for 11.8 per cent, compared with 12 per cent recorded in March.

COE premiums fall across the board; mainstream car category posts largest drop in 2024 to date Category B, for larger cars, sees its first price decrease since March.

Pay hikes by Big Four firms put pressure on smaller accounting practices Smaller practices are raising entry-level wages by up to 25 per cent this year.

#BTOpinion: Beyond Shell’s refinery sale, Singapore’s oil industry faces more existential questions The Republic’s sustainability journey implies not just the exit of oil majors, but a wholesale shift away from a key ind…

HDB resale prices, volumes maintain growth in May: SRX, 99.co Some 74 flats sold for at least S$1 million each in the month.

China’s Tiger Brokers eyes Singapore’s riches to propel growth About one in every three adults in Singapore is a registered user of Tiger Brokers, according to founder and chief executive officer Wu Tianhua.

Start your day with BT ☕️: Stocks to watch: OCBC, Seatrium, CapitaLand Investment, Yoma Top stories 1. International: Few exits, limited investor appetite to test South-east Asia’s PE managers 2. Companies: China AI chip…

[SEMINAR] Mark to Market “Live” returns July 13, with this event focusing on how to invest during volatile times. This year’s forum, titled Smart Investing in Dynamic Times brings together a panel of industry experts to…

Singapore unlikely to draw large-scale data-centre investment despite added capacity: report This is because the allocated capacity isn’t enough for the sector’s needs in South-east Asia. Johor and Batam have also come u…

Roaring Kitty’s Reddit post on GameStop signals a US$289 million paper fortune Brokerage E*Trade is considering kicking Keith Gill off of its platform over concerns about potential stock manipulation tied to his recent G…

Microsoft to lay off hundreds at Azure cloud unit, Business Insider reports The Azure for Operators layoffs involve as many as 1,500 job cuts.