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Companies & Markets
H2G Green chief to stand trial on Aug 5 amid MOM probe
Property
Far East Shopping Centre owners in private talks after close of S$928 million en bloc tender
Opinion & Features
BRUNCH
Last rides and last rites: The rise of the limousine hearse
Companies & Markets
Dasin Retail Trust’s trustee-manager chairman, directors deny allegations of misconduct
Banking & Finance
A timeline of DBS’ recent banking glitches
Economy & Policy
Daily Debrief: What Happened Today (May 3)
ASEAN Business
Microsoft CEO pledges RM10.5 billion in cloud, AI investment in Malaysia
Global Enterprise
Singapore top recipient of Q1 cross-border investments in Apac: Knight Frank
Companies & Markets
Keppel Infrastructure Trust posts 29.1% lower Q1 distributable income
Podcasts
BT Money Hacks: Is it time to invest in Japan again? (Ep 168)
BREAKING NEWS
International
US service sector contracts in April; price pressures up
Property
Hong Kong property deals hit three-year high in April
Banking & Finance
ADB agrees to US$5 billion funds replenishment with donors
Banking & Finance
Dollar drops as employers add fewer jobs than expected in April
Companies & Markets
US: Wall St opens sharply higher on soft jobs data
Banking & Finance
HSBC has no plans to dispose of further businesses, chairman says
International
Thaksin’s daughter calls central bank independence an ‘obstacle’
SEE MORE
INTRODUCING
You can now personalise your BT experience with keywords.
GOT IT.
Financial Results
ARA H-Trust Q1 net property income up marginally to US$6.4 million
Venture posts lower Q1 net profit of S$60.1 million on weaker demand
Holiday Inn owner IHG’s Q1 revenue up 2.6%, leisure travel demand remains strong
Inflation
Thailand’s April inflation rises slightly, first time in 7 months
OECD upgrades global growth outlook as US outperforms
Swiss inflation accelerates faster than expected in April
Cryptocurrencies
Thai police raid illegal bitcoin mining operation
Stablecoin Tether steps up monitoring in bid to combat illicit finance
Asia’s retail investors hunt for fabled crypto riches
Covid-19
Moderna beats quarterly estimates as cost-cutting pares losses
Covid-19 lowered life expectancy by 1.6 years worldwide: study
Travel refund-related complaints in Singapore spiked last year amid pandemic, says Case
Interest Rates
Thaksin’s daughter calls central bank independence an ‘obstacle’
Toronto home sales fall for third month in April; prices rise
Danske’s net income rises 9% helped by higher interest rates
Electric Vehicles
Chinese share of French EV market slumps after incentives curbed
China’s electric cars keep improving, a worry for rivals elsewhere
Hot stock: Nio climbs about 19.8% on stronger vehicle delivery performance
Canada
Toronto home sales fall for third month in April; prices rise
Singapore and Canada to enhance science and technology cooperation
Canada posts surprise trade deficit as gold exports fell in March
Climate Change
Is Jurong Island’s carbon test bed too small and conservative? A*Star institute head thinks not
Thai power demand hits record as extreme heat prompts warnings
Pricey coffee is here to stay as hoarding, heat hit Vietnam supply
Currencies
Dollar drops as employers add fewer jobs than expected in April
Yen surges on suspected intervention by Japanese authorities
US dollar nears six-month high after pre-Fed data shock, yen steady
Semiconductors
Qualcomm forecast beats estimates as AI drives chip sales in China
Huawei lab barred by US regulators as part of crackdown on China
Taiwan economy grows at fastest pace since 2021 on chip boom
Housing
Qatari Sheikh sells London mansion to fellow royal for £39 million
Toronto home sales fall for third month in April; prices rise
US mortgage rates up for fifth week at 7.22%
M&A
Sony and Apollo submit US$26 billion Paramount offer: WSJ
Airbus called for compensation to take on money-losing Spirit operations: sources
Olam outbids Dreyfus’ sweetened deal for Australia’s Namoi, raises offer to A$0.66 per share
Bonds
US holds quarterly debt sale steady, starts buybacks this month
Abu Dhabi wealth fund ADQ attracts strong demand for 2-part bond issue
Abu Dhabi sovereign wealth fund plans debut dollar bond sale
Sustainability
COMPANY OF GOOD
What is corporate purpose?
Asset owners can’t afford to sidestep sustainability
Mergers, closures, diversification: What is happening to Singapore’s cultivated meat sector?
Oil Prices
Oil settles near 7-week lows, focus shifts to economy
Oil falls to 7-week low on surprise US storage build, Middle East hopes
Oil eases on higher US crude output, hopes of Israel-Hamas ceasefire
US Federal Reserve
NEWS ANALYSIS
If inflation continues to build, the Fed won’t be able to maintain neutral stance for long
US Fed ‘less hawkish’ than expected; Singapore banks, net cash companies likely to outperform
US Federal Reserve leaves rates unchanged, flags ‘lack of further progress’ on inflation
Opec
Opec+ may need to tackle oil capacity conundrum next month
Oil settles near 7-week lows, focus shifts to economy
Oil falls to 7-week low on surprise US storage build, Middle East hopes
Russia
US official urges China, Russia to declare only humans, not AI, control nuclear weapons
Biden now calls ally Japan ‘xenophobic’ along with China, Russia