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Companies & Markets
Singapore battles to revive struggling stock market
Property
No bids for Pine Grove’s mega en bloc sale at S$1.95 billion price
Property
HDB resale volumes recover in April as fewer BTO launches push demand to secondary market
Opinion & Features
THE LEVEL GROUND
Consider housing policy tweaks to boost Singapore’s birth rate
Companies & Markets
ETF popularity poised to stay as investors flock to diversification, stability
Economy & Policy
Daily Debrief: What Happened Today (May 6)
ASEAN Business
Indonesia’s Q1 GDP growth hits 5.11%, surpassing expectations
Global Enterprise
China’s CICC demotes senior bankers, cuts pay to slash costs
Opinion & Features
MARK TO MARKET
Interests of OCBC and Great Eastern’s minority shareholders are fundamentally misaligned
Podcasts
BT Money Hacks: How to start investing in forex (Ep 169)
BREAKING NEWS
Property
Shenzhen eases home buying to revive sales in China tech hub
Lifestyle
Sylvester Stallone to auction US$2.5 million Patek Philippe in Sotheby’s trove
Property
Far East Orchard looks to sell Rendezvous Hotel Perth Central for A$18.5 million
Property
Lendlease Global Reit’s committed portfolio occupancy rises to 88.8% in Q3
Capital Markets & Currencies
CURRENCIES
US dollar soft on renewed Fed rate cut bets; yen on back foot
Companies & Markets
Possible class action lawsuit against Cordlife by customers could take at least 2 years
International
SNP veteran John Swinney set to be Scotland’s next leader
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INTRODUCING
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GOT IT.
Financial Results
Lendlease Global Reit’s committed portfolio occupancy rises to 88.8% in Q3
Paragon Reit posts 3% rise in Q1 gross revenue to S$73.8 million
ARA H-Trust Q1 net property income up marginally to US$6.4 million
Inflation
ECB rate cut case getting stronger, says chief economist Lane
RBA to keep key rate at 12-year high as inflation stirs anew
Thailand’s April inflation rises slightly, first time in 7 months
Cryptocurrencies
More than 90% of stablecoin transactions aren’t from real users, study finds
Stablecoin Tether steps up monitoring in bid to combat illicit finance
Bitcoin’s wild price swings point to the rising influence of ETF buyers
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
ECB rate cut case getting stronger, says chief economist Lane
RBNZ has limited scope to cut cash rate this year: OECD
US Fed ‘less hawkish’ than expected; Singapore banks, net cash companies likely to outperform
Electric Vehicles
Volvo Cars April sales rise on strong EV demand
EV automakers get reprieve in US tax credit rules
US automakers win extension on use of Chinese graphite in EV tax credits
Canada
Global housing shortages are crushing immigration-fuelled growth
Toronto home sales fall for third month in April; prices rise
Singapore and Canada to enhance science and technology cooperation
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
CURRENCIES
US dollar soft on renewed Fed rate cut bets; yen on back foot
Australian dollar firm as bulls bet on hawkish turn at RBA
Economic leaders of South Korea, Japan, China say FX volatility is a risk
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
Shenzhen eases home buying to revive sales in China tech hub
Global housing shortages are crushing immigration-fuelled growth
Qatari Sheikh sells London mansion to fellow royal for £39 million
M&A
KKR to buy India's Healthium Medtech at US$839 million valuation
Paramount bidders await word from special committee evaluating options
Credit Suisse China securities joint venture says staff down 46% in 2023
Bonds
China builder Vanke tells investors it readied money to pay bond
US holds quarterly debt sale steady, starts buybacks this month
Abu Dhabi wealth fund ADQ attracts strong demand for 2-part bond issue
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
Saudi Arabia posts budget deficit of US$3.3 billion in first quarter
Oil settles down on US jobs data, steepest weekly loss in three months
Oil settles near 7-week lows, focus shifts to economy
US Federal Reserve
US Fed ‘less hawkish’ than expected; Singapore banks, net cash companies likely to outperform
The perils of the Fed’s vast bond holdings
NEWS ANALYSIS
If inflation continues to build, the Fed won’t be able to maintain neutral stance for long
Opec
Saudi Arabia posts budget deficit of US$3.3 billion in first quarter
Saudi Arabia hikes oil selling prices for all grades to Asia
Opec+ may need to tackle oil capacity conundrum next month
Russia
Putin plans to meet Xi in China days after his new term starts
US official urges China, Russia to declare only humans, not AI, control nuclear weapons
Biden now calls ally Japan ‘xenophobic’ along with China, Russia
Metals
Gold dips as US dollar edges higher, investors seek more Fed cues
Gold prices drift higher as Fed stands pat on key interest rate
Gold holds steady as investors focus on US Fed meeting
Yen
CURRENCIES
US dollar soft on renewed Fed rate cut bets; yen on back foot
Yen pares some of sharp rise after suspected intervention, dollar steady
Asia: Stocks rise as Federal Reserve tamps down hike fears; yen leaps
Malaysia
Shell in talks to sell Malaysia fuel stations to Saudi Aramco: sources
Top US Treasury official to travel to Singapore, Malaysia to discuss sanctions
Microsoft bets big on South-east Asia, pledges billions in AI and cloud investments
7-eleven
Japan’s 7-Eleven convenience chain targets aggressive global growth
Seven & i to list supermarket unit Ito-Yokado, Kyodo reports
7-Eleven is testing a bigger convenience store with more stuff on shelves
DISCOVER MYBT
COMPANIES & MARKETS
Capital Markets & Currencies
CURRENCIES
US dollar soft on renewed Fed rate cut bets; yen on back foot
Companies & Markets
Possible class action lawsuit against Cordlife by customers could take at least 2 years
Telcos, Media & Tech
SAP extends CEO Klein’s contract until 2028
Companies & Markets
Paragon Reit posts 3% rise in Q1 gross revenue to S$73.8 million
ASEAN Business
Shell in talks to sell Malaysia fuel stations to Saudi Aramco: sources
Companies & Markets
Singapore Airlines orders 1,000 tonnes of sustainable aviation fuel from Neste
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OPINION & FEATURES
Wealth & Investing
The perils of the Fed’s vast bond holdings
Jeff Sommer
Opinion & Features
COMMENTARY
Gauging sentiment is crucial, and there are hard and easy ways to do it
Ken Fisher
Opinion & Features
PERSPECTIVE
The election-devaluation cycle
Jeffrey Frankel
SEE MORE
ASEAN BUSINESS
Durian duel: Malaysia to enter fray to export the spiky fruit to China, alongside Thailand, Vietnam
GLOBAL ENTERPRISE
Country Garden deadlines pose first big test of bond guarantees
STARTUPS