The Business Times

Your Rolex and Nikes are about to get more expensive Vietnam, one of the countries hit with Trump's hefty duties, accounts for half of Nike's footwear production.

‘It was an amazing act’: Finian Tan of alleged nickel trading scammer Ng Yu Zhi’s charade The venture capitalist says he was sold and trusted Ng enough.

BlackRock CEO Larry Fink gets 14% compensation bump in 2024 Fink received US$30.8 million in compensation for 2024, a 14% increase from a year earlier as BlackRock expanded further into private investments.

Struggling to make sense of Trump tariffs, Singapore exporters look to diversify "The US is currently our largest market, and our furniture is primarily manufactured in Asia,” said Furniture shop Castlery, which is “clos…

#GE2025: Where the parties stand on key issues ahead of GE2025 From raising revenues to housing affordability, here's where the different parties stand on fiscal policy, cost of living, foreign talent and housing. ➡️PAP,…

Three Michelin-starred restaurants close; two of them to rebrand Steve Lancaster, chef-owner of Restaurant Poise, said that high operating costs made it untenable to continue after the lease expired in mid-March.

BT journalists recognised at annual EMTM awards Congratulations! Property correspondent Jessie Lim was awarded BT’s Story of the Year for her scoop related to Singapore’s largest money laundering case. BT’s Commentary/Fe…

Stock market wipes out over US$5 trillion on Trump’s tariff war The Nasdaq plunged 6.1%, entering a bear market.

“We risk being squeezed out, marginalised and left behind," says PM Lawrence Wong as he cautions that Singapore, heavily reliant on trade, will face greater impact from US tariffs.

Trade-reliant Singapore will take ‘bigger hit’ than others in US tariffs-induced slowdown: PM Wong “It marks a seismic change in the global order,” he said. “The era of rules-based globalisation and free trade is over. W…

#Brunch: In light of Trump’s tariffs, what’s next for Asean giants in their quest for breakthrough growth? Vietnam, the Philippines and Indonesia all have lofty dreams of expansion, but Trump’s latest round of tariffs ar…

Billionaires lose combined US$208 billion in one day from Trump tariffs The drop is the fourth-largest one-day decline in the Bloomberg billionaires Index’s 13-year history, and the largest since the height of the Covid-…

Trump: Tariffs give us great power to negotiate Responding to reporters after the announced tariffs on Liberation Day, US President Donal Trump said tariffs provide the US "a great power to negotiate" with other countrie…

More than K-pop: South Korean companies are making waves in South-east Asia Increasing investment from the country in the region is a long-term, win-win upward trend that will continue to benefit both.

Semiconductor, shipbuilding shares in Singapore slump on heat from Trump tariffs; glovemakers mixed Shares of local banks have also witnessed a decline since early trade.

Singapore retail sales fare worse than expected, down 3.6% in February from earlier Chinese New Year The fall was far worse than private-sector economists’ forecast of a 0.2% dip

Car dealer, candy maker could be first listings on SGX this year Vin’s Holdings and YLF Group Marketing are eyeing places on SGX, after a barren spell for the Singapore market, with no listings in the first quarter.

🇺🇸 As announcements of US tariffs continue to make its waves globally, here are the latest updates: 1. IMF chief says US tariffs a ‘significant risk’ to global economy 2. Asean’s supply-chain charm wears thin under Tru…

Singapore government, economists may cut growth forecasts as Trump’s tariffs bite Impact will worsen if further levies are slapped on sectors such as semicon, pharma.

Start your day with BT ☕️: Stocks to watch: Far East Orchard, BYD Top Stories: 1. Singapore: Singapore government, economists may cut growth forecasts as Trump’s tariffs bite 2. Companies: Car dealer, candy maker could b…

US: Stocks tank on tariff woes with S&P 500 suffering worst day since 2020 The Dow Jones Industrial Average closed 4.0% lower at 40,545.93, a loss of more than 1,600 points on Thursday.

US emerges as biggest loser in markets from Trump’s tariffs “The narrative is moving from US exceptionalism to US alienation,” said the head of institutional equities sales trading at Maybank Securities' in Singapore.

New US tariffs likely to hurt firms in Singapore; nearly half say they will pass on costs, survey finds Nearly seven in 10 (69%) said they expect the new tariffs to have a significant or moderate negative impact on their…

MAS says it ‘stands ready to curb excessive volatility’ in Singdollar, ensure orderly markets “MAS stands ready to curb excessive volatility in the Singapore dollar, and to ensure that Singapore’s foreign exchange and mo…

US tariffs impact could include global trade war; Singapore may downgrade full-year growth forecast: DPM Gan “We are naturally disappointed that despite our strong and longstanding economic and commercial relationship wi…

Despite offers to go West, Ya Kun Kaya Toast would rather deepen roots in South-east Asia After failing to gain traction in Dubai, Ya Kun aims to make eating kaya toast a regular habit for everyone in South-east Asia, as…

Thailand’s richest man picks bad day to debut his flagship firm The debut came after US President Donald Trump announced America’s steepest tariffs in a century which saw Thailand hit with 36%.

China says ‘firmly opposes’ new US tariffs, vows ‘countermeasures’ Beijing is urging Washington to “immediately cancel” the new tariffs. It has vowed retaliation to “safeguard its own rights and interests”. How are other…

#BTExplains: What are Trump tariffs and why Singapore’s not in direct line of fire While Singapore appears to have got off lightly, its Asean neighbours were slapped with high reciprocal rates. Why?