
JPMorgan will hire more for AI, fewer bankers, CEO Dimon says
JPMorgan will hire more for AI, fewer bankers, CEO Dimon says “I think it will reduce our jobs down the road,” J.P. Morgan CEO Jamie Dimon said. "We will be hiring more AI people and fewer bankers in certain categories, and it will make them more productive.”
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The 4 'L's of Singapore politics in 2021: livestreaming, lies, lousy schools and long runway From leadership transition to unfiltered front-row views of parliament proceedings on YouTube, the year 2021 will be well-remem…

RCEP a boon to access and attractiveness for developing economies as investment destinations The Regional Comprehensive Economic Partnership (RCEP) - the world's largest free trade agreement (FTA) - covers 30 per cent of…

Tech industry group calls for better access to talent, public procurement chances for SMEs As the industry shifts away from hiring based on academic qualifications, and towards a more skills-based approach, the governmen…

Regional exchanges revamp rule books in battle for S-E Asia's listing hopefuls NYSE and Nasdaq exploring IPO pipelines in India and South-east Asia as Chinese listings dry up. bt.sg/JcxK

Private home prices climb 5%, HDB resale prices up 3.2% in Q4 2021: flash data For the whole of 2021, prices of private homes and HDB resale flats both recorded their fastest annual growth since 2010. bt.sg/JcgJ

Singapore's GDP grew 7.2% in 2021, on the back of 5.9% Q4 growth This marked a rebound from the 5.4 per cent contraction in 2020, and was slightly higher than the official full-year growth forecast of "around 7 per cent"…

#Outlook2022: Ocean cargo rates may drop as much as 40%, but could be still higher than pre-pandemic levels A decrease in spot rates on the routes transporting goods out of China was seen during the Chinese Golden Week h…

Recipe for F&B growth in 2022 After a tumultuous 2 years, restaurateurs are better prepared for what's to come. #btlifestyle bt.sg/JiPg

Bitcoin faces uncertain 2022 after record year Having more than trebled in value to US$60,000 between December 2020 and April, Bitcoin has lost some shine to trade at under US$50,000 heading into the new year.

Not quite over the moon at Eclipse The new modern Asian contemporary restaurant aims high but needs to come down to earth first. #btlifestyle bt.sg/JiPM

Gemini's former APAC execs to start new Singapore-based crypto venture "Something is cooking. Jeremy and I have been working on this since we left. In a couple of months, we will probably be able to disclose something,"…

Work-related events of up to 1,000 people allowed from Jan 3 But events with more than 50 people cannot include the consumption of meals or beverages, unlike those with fewer than 50 participants. Organisers must also ma…

8 predictions for arts sector in 2022 Art fairs, NFTs museums and theatres. What shall become of them? #btlifestyle bt.sg/JiPQ

Tesla recalls almost half a million electric cars over safety issues The model years affected in the recall range from 2014 to 2021, and the total number of recalled vehicles is almost equivalent to the half a million ve…

Modern dining in heritage spaces Diners are stepping back in time to dine at this season's newest restaurants. #btlifestyle bt.sg/JiPY

Are Apple AirTags being used to track people and steal cars? In the US, police departments in some states are examining suspicious uses of them. In New York, one was found on a car bumper, while a Canadian police departm…

Designing with authenticity and sustainability Weary from the pandemic, consumers want spaces and products that they can truly connect with. #btlifestyle bt.sg/JiPf

Developers to launch fewer new private homes for sale in 2022: analysts ERA's head of research and consultancy Nicholas Mak noted that the sales volume notched this year stood at an 8-year-high, adding: "Such transaction…

Happy New Year from The Business Times! Our editors take you through our picks of the top stories that made waves in the year 2021 as we bid it goodbye:

SAVE THIS AND SEND IT TO YOUR RELATIVES/FRIENDS: The OCBC SMS phishing scam has emerged in a wide range of different types of messages that appear to come from "OCBC", sometimes nested with real SMSes from the bank. Here…

Goldman leads Wall Street rainmakers in record dealmaking Goldman's dominance comes as global M&A and related deals surpassed US$5 trillion in volume for the first time. The bank advised on more than US$1 trillion worth…

#BTOpinion: A GST hike in 2022 would imply hope, more than fear BT assistant news editor Janice Heng posits that the implementation of the 2-percentage-point GST hike in 2022, as suggested in PM Lee's New Year message, c…

[JUST IN]: Singapore’s GDP to grow 3-5% in 2022, says PM Lee as he outlines reasons for coming GST hike In his New Year's Day message to Singaporeans, he explained that the government will need “reliable and adequate” re…

The unsung winners and biggest losers of China's rocky markets in 2021 Jolted by Beijing's regulatory onslaught, education names such as Gaotu Techedu and property developers like China Evergrande Group are at the bottom…

Philippines' Duterte signs 5 trillion pesos budget for 2022 The national budget, 11.5 per cent bigger than this year's spending plan, is Duterte's last before his single, 6-year term ends in June. It includes capital out…

Asti clarifies circumstances surrounding retrenched CEO's S$1.4m entitlement In response to questions from accounting professor Mak Yuen Teen about why the S$1.4 million in retrenchment benefits given to outgoing CEO Mic…

#BRUNCH: Take my money, please! In this final instalment of our weekend longread features for the year, BT's Olivia Poh dives into the phenomenon of small-group investor squads, a way for people on the fringe of South-ea…

#Outlook2022: New private home sales to ease in 2022 on cooling measures, fewer launches Genuine home buyers, such as first-time buyers who are the least impacted by the fresh raft of curbs, are seen driving the market n…

Nearly 470 people lose at least S$8.5m in phishing scams involving OCBC Police said most of the amount was lost over the past 2 weeks. Over the Christmas weekend alone, OCBC said 186 customers lost about S$2.7 million. H…

CapitaLand Development in JV to develop 1.5b yuan business park in Suzhou New District It will start construction next year and is expected to complete in 2024, and will feature multi-tenanted buildings with provisions f…


