The Business Times

Start your day with BT ☕️: Stocks to watch: Annica Holdings, Cosco Shipping, Innotek Top stories: 1. Singapore: Unshaken in Apac: Hilton sees strong demand, fundamentals, investment in region amid global flux 2. Singapor…

Shares jump in Asia on news of US-Iran deal to halt war Iran said traffic through Hormuz would be regulated by it and Oman.

Trump says deal to end war will be signed on June 14, but Iran casts doubt over timing Qatari negotiators flew to Teheran on the morning of Jun 14 as part of an effort to finalise the agreement.

Abandoned ‘Titanic’, failing ‘ancient towns’: Why China’s tourism boom leaves white elephants behind Many ambitious megaprojects across the country have stalled or failed to attract visitors.

Shares of SpaceX end first day at US$160.95, up 19% from IPO price They opened at US$150, 11% above US$135 offering price.

More cancer survivors are returning to work. Are employers ready to support them? More cancer survivors are returning to work, but many continue to cope with fatigue, “brain fog” and other lasting effects of treatment th…

How Honda’s old guard tried, and failed, to oust its CEO Honda CEO Toshihiro Mibe, who became CEO in 2021, will accept a 30% pay cut for three months to take responsibility for the annual loss.

Singapore bank rout on new China scrutiny of wealth flows overblown: Maybank DBS, OCBC, UOB slides offer buying opportunities: Maybank

Alibaba bids US$1.5 billion for China grocer in fight with Meituan A Pupu sale to an industry leader may also draw Beijing’s attention.

China confronts G7 during Macron’s call by defending free trade Beijing has threatened to retaliate against any new European trade barriers.

PM Wong to deliver National Day Rally speech on Aug 23 In his 2025 speech, he called on Singaporeans to band together to write the next chapter of the nation’s story.

Jakarta deploys thousands of police as students protest Prabowo Observers say students are not the only ones concerned at the economy or Prabowo’s policies

Singapore announces new road map to improve standards and conformance capabilities, partnerships Five memorandums of understanding between EnterpriseSG and its international and regional partners are formalised.

What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future Top-performing malls there are doing well, but observers ask if Singapore’s premier retail belt can still shine.

From moonshot to markets: Understand the mechanics before plunging into SpaceX’s mega IPO For investors, the more interesting point is not the headline valuation, but what actually comes into the market.

As SpaceX shares debut, retail investors can turn to ETFs for exposure to the space economy But such funds should not be taken as just a stand-in for owning shares of Elon Musk’s firm, professionals say.

Gold jumps after Trump signals US-Iran truce deal is close The precious metal has fallen 21% since the Middle East conflict began at the end of February.

Asian stocks to gain as Trump signals US-Iran deal Latest push for a deal has buoyed risk sentiment by raising hopes that a widening Middle East conflict can be avoided.

Trump scraps planned Iran strikes, promising imminent deal; Teheran says no final decision made Trump says he understands that Iran’s supreme leader has approved the deal.

SpaceX IPO raises US$75 billion in biggest debut of all time The sale breaks the previous record for the largest-ever IPO held by Saudi Aramco.

Start your day with BT ☕️: Stocks to watch: CDL, Singapore Kitchen Equipment Top stories: 1. Singapore: Oiltek, Marco Polo Marine, Nam Cheong, OKP – Singapore boutique fund bets big on SGX small caps 2. Singapore: Keppel…

World Bank says Indonesia’s GDP to slow to 5% in 2026 as fiscal pressures rise The country has been using state finances to keep fuel prices unchanged.

Alibaba, JD.com shares slide after Beijing slams price-cut promotions The name-and-shame campaign marks the latest run-in between the market regulator and e-commerce juggernauts.

Singaporeans and PRs can now open OCBC Malaysia business accounts with Singpass The bank says applicants can complete identity authentication digitally as part of the process.

S$500 CDC vouchers for all Singaporean households from June 11; Government ready to do more if needed: DPM Gan CDC vouchers have been a mainstay of each Budget since being introduced in June 2020.

South Korea fines Coupang record 624.7 billion won for data leak The e-commerce giant is widely popular in the country and is based in the US.

Evergrande’s liquidation prompts some PwC partners to shield assets, contemplate divorce The amount that liquidators are seeking marks one of the largest corporate claims ever in Hong Kong.

SGX securities turnover value jumps 70% in May amid ‘robust’ trading activity Securities daily average value for the month up 79% year on year at S$2.4 billion, the highest level recorded since October 2007

Gold falls for third day as US launches fresh strikes on Iran The latest attacks underscored Trump’s growing impatience that the two sides have failed to reach an agreement.

Microsoft’s Xbox plans significant layoffs as it transforms under new CEO The layoffs are expected shortly after the close of the company’s fiscal year on Jun 30, according to sources.