The Business Times

Singapore Savings Bond offers all-time high 1st year and 10-year average interest rates The Singapore Savings Bond is offering an all-time high first year and 10-year average return of 3.26% and 3.47% respectively for th…

Elon Musk, who runs four other companies, will now be Twitter CEO Replying to a tweeted question on what was “most messed up at Twitter”, Musk replied that “there seem to be 10 people ‘managing’ for every one person codi…

Private equity chases rich Chinese trying to escape market chaos “China’s wealthy are very interested in increasing their asset allocation to PE investments, partly to stay away from choppy secondary markets,” says a wea…

#BTOpinion: Smoothing the way for O&M merger must also be about paving a green highway for Sembmarine? Will taking a unit off Keppel’s hands put Sembmarine in a position to outmanoeuvre Keppel in the green energy space i…

📊November 1 results round-up: 1. Parkway Life Reit net property income up 0.1% in Q3 2. Capitaland Ascendas Reit posts 5.4% rental reversion in Q3 3. Japfa 9M FY2022 net profit down 59% to US$46.3 million

Market value of Singapore stocks plunges 6.1% in October despite banks’ rally Most stocks, especially Reits, continued to be held hostage by the spectre of US central bank’s interest rate hikes.

Li Ka-shing’s skyscraper is 21% empty as Hong Kong vacancies hit record Empty premium office space - or the so-called Grade-A stock - has tripled in three years to an all-time high of a combined 11.9 million square feet…

Talent investor Entrepreneur First leaves Singapore, consolidates globally “That is the strategy and the overall direction in which the company wants to head and unfortunately, the size of the local talent pool in Singap…

#BTOpinion: Firm property prices are a silver lining as rising interest rates batter listed property plays The equities market may be more than adequately pricing in the headwinds from higher interest rates – provided de…

#BusinessofTime: Tissot’s latest PRX is a 70s inspired beauty Features such as quality finishing, bevelled edges, intricate detailing and a high performance calibre make it one of the best value for quality timepieces in…

🎙 PODCAST: Are your investments really helping to reduce carbon emissions and alleviating social issues? Genevieve Cua deep dives into ESG investing to find out. #btpodcasts #wealthbt Listen here: bt.sg/wbid Also availa…

Sakae CFO wrongly bought back shares above maximum allowed price Its chief financial officer (CFO) Tan Yiok Ping wrongly bought back the company’s shares at S$0.118, above the maximum allowed price of S$0.104.

Tribecar acquires Popular Rent a Car; enters corporate leasing market With the addition of Popular Rent a Car’s corporate leasing arm, Tribecar will have new corporate clients, including statutory boards.

Piyush Gupta counting on DBS’ AI and data capabilities to pull ahead of peers With an estimated S$150 million in additional revenue generated from AI initiatives, the positives speak for themselves. However, it is not wi…

Singapore Deep-Tech Alliance partners EnterpriseSG for venture building Startups will have access to mentors from Intel, Temasek, Petronas, Siemens Healthineers, Dentsu International and A*Star.

Lianhe Zaobao inks MOU to trial AI technology for visual content Zaobao will use SenseTime’s AI technology to “enhance” its visual content, helping photojournalists save time when working on stories.

Alta buys private securities platform Hg Exchange from Binance, others The acquisition of HGX will allow it to support tokenisation and digital custody of alternative assets, with the goal of making trading cheaper and f…

5 things to look out for ahead of Malaysia’s Nomination Day Speculation about the candidates for Malaysia’s 15th general election has been rife, here are five things to watch when the candidates are revealed.

Musk denies reports he is firing Twitter employees in attempt to avoid payouts This comes as his decision to layoff employees happen to take place before Nov 1, when employees were scheduled to receive stock grants as pa…

Distressed sellers meet bargain hunters in real estate, old-economy sectors as higher debt costs bite Private equity, family offices, high net worth investors will be eyeing assets now trading at discounts.

URA launches residential sites at Lentor Gardens, Lentor Central for tender The Lentor Gardens and Lentor Central sites are expected to yield about 530 and 475 housing units respectively.

MAS to conduct trials for digital Singdollar that supports government payouts, vouchers A digital Singdollar can take two forms: a retail central bank digital currency (CBDC) or privately issued money which could include…

Shophouse rentals extend gains in Q3 as landlords price up on strong demand Fusion restaurant Beng Who Cooks will be rolling down its Neil Road shutters for good, owner Jason Chua announced last month. This was after ren…

Buying wholesale electricity could require financial track record, high consumption: industry players The potential new criteria imposed by the EMA is likely to “set the bar higher” and exclude smaller players.

South Korea's Yoon declares mourning period after Halloween crush “This is truly tragic,” South Korea’s President Yoon Suk-yeol said in a statement. “A tragedy and disaster that should not have happened took place in the…

#BusinessofTime: There’s never been – or ever will be – an 1815 Chronograph like the ‘Hampton Court Edition’ The 1815 Chronograph “Hampton Court Edition” will be put up for bidding by US-based auction house Phillips, in…

Will half a million free tickets save Hong Kong from tunnel vision? Sometime next year, as many as 500,000 free air tickets are to be distributed to encourage a more civilised stampede to the city’s undernourished malls.

Five ways to protect your portfolio in a recession Yes, it's possible to get a great night’s sleep while holding on to your investment portfolio in this current climate. Read on.

#BTOpinion: Hydrogen the key puzzle piece for Singapore’s decarbonisation It is the most abundant element in the universe, but the ability to produce and transport the fuel at an affordable scale requires more investment…

New Bali visa won’t attract wealthy investors in droves: analysts “This new visa is aimed at professionals, not necessarily digital nomads, to make Bali their base,” says an observer who added, “I don’t see a massive num…