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Opinion & Features
THE LEVEL GROUND
Without a game changer, Sentosa Cove condos will continue underperforming
Companies & Markets
Hot stock: Singtel down about 3.3% after announcing S$3.1 billion impairment hit
Companies & Markets
Delayed rate cuts expected to benefit Singapore banks’ otherwise uneventful Q1 earnings
Companies & Markets
Sembcorp announces long-term power purchase agreements with Equinix
Companies & Markets
Great Eastern reports 26% higher Q1 profit of S$306.7 million
Companies & Markets
Hot stock: Don Agro surges after plans to sell 92.3% group assets for 4.5 billion roubles
ASEAN Business
Indonesia to drive the growth of Asean’s green economy: PM Lee
Global Enterprise
Japan’s yen jumps against the dollar on suspected intervention
Singapore
Incumbents prevail at Singapore Recreation Club elections, but looming legal action casts pall
Podcasts
PropertyBT: Making sense of residential property taxes (Ep 30)
BREAKING NEWS
Telcos, Media & Tech
Financial Times, OpenAI sign content licensing partnership
ASEAN Business
Thai finance ministry cuts growth forecast to 2.4% this year
Global Enterprise
China’s Xi to visit France, Serbia and Hungary, aims to boost EU ties
International
KFC shutters over 100 restaurants in Malaysia amid pro-Palestine boycott
International
Swedish economy posts fourth straight quarter of contraction
ASEAN Business
Indonesia draws 204.4 trillion rupiah in FDI in Q1, up nearly 16% annually despite political uncertainty
Companies & Markets
Blackstone beats Concord with US$1.6 billion bid for Hipgnosis Songs
SEE MORE
INTRODUCING
You can now personalise your BT experience with keywords.
GOT IT.
Financial Results
SK Innovation expects solid Q2 refining margins, battery unit widen losses
Great Eastern reports 26% higher Q1 profit of S$306.7 million
Delayed rate cuts expected to benefit Singapore banks’ otherwise uneventful Q1 earnings
Inflation
Inflation overshadows US economic resilience, hurting Biden
Central banks will probably only cut half as much as they hiked
US consumer sentiment falls as inflation expectations climb
Cryptocurrencies
Bitcoin ETF bandwagon heads to Australia after US$53 billion haul in US
Rescue pup to meme star: the real-life ‘Dogecoin’ dog
Crypto firm sues SEC to fend off oversight of Ethereum
Covid-19
Covid-19 lowered life expectancy by 1.6 years worldwide: study
Travel refund-related complaints in Singapore spiked last year amid pandemic, says Case
COMMENTARY
To stay fighting fit in the ring, Singapore gyms need new workout regimes
Interest Rates
Fading bets of early RBA cuts frustrate Albanese reelection plan
Delayed rate cuts expected to benefit Singapore banks’ otherwise uneventful Q1 earnings
S-Reits falter as investors weigh possibility of zero rate cuts in 2024
Electric Vehicles
Tesla clears key regulatory hurdles for self-driving in China during Musk’s visit
SK Innovation expects solid Q2 refining margins, battery unit widen losses
BYD shares face earnings test as China’s EV price war heats up
Canada
IBM plots US$730 million expansion of Canadian semiconductor site
Homebuyers shun new real estate in Vancouver, hurting builders
Honda to spend US$11 billion on EV strategy in Canada
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
Japan’s yen jumps against the dollar on suspected intervention
Australian, New Zealand dollars jump to decade-highs against weakened yen
CURRENCIES
Yen tumbles to 34-year low; US dollar gains after inflation data
Semiconductors
Japan’s proposed export curbs will impact normal trade, China says
Beijing city to subsidise domestic AI chips, targets self-reliance by 2027
Huawei’s new phone sports latest version of made-in-China chip
Housing
Church to tackle US housing crisis
Hong Kong home prices rise for first time in 11 months after curbs scrapped
Homebuyers shun new real estate in Vancouver, hurting builders
M&A
Blackstone beats Concord with US$1.6 billion bid for Hipgnosis Songs
Perpetual in talks with KKR for corporate trust and wealth management unit sale
Cromwell E-Reit divests two assets for 7.2 million euros
Bonds
Chinese bonds dodge global debt sell-off as yield gap widens
MIND THE GAP
Bond funds suffer as rate-cut hopes fade, but there is a silver lining
Seatrium unit to fully redeem S$500 million worth of floating-rate bonds early
Sustainability
COMPANY OF GOOD
What is corporate purpose?
Mergers, closures, diversification: What is happening to Singapore’s cultivated meat sector?
Is Jurong Island’s carbon test bed too small and conservative? A*Star institute head thinks not
Oil Prices
Oil prices fall 1% on Israel-Hamas ceasefire talks, US inflation concerns
WTI expected to continue pullback before rebounding
Oil settles higher as weak US economic growth offset by supply concerns
US Federal Reserve
Fed repricing gives rise to new equities playbook in Asia
S-Reits falter as investors weigh possibility of zero rate cuts in 2024
Central banks will probably only cut half as much as they hiked
Opec
Oil prices fall 1% on Israel-Hamas ceasefire talks, US inflation concerns
Oil settles higher as weak US economic growth offset by supply concerns
Oil rises as dollar slips, focus shifts to economic data
Russia
China firms go ‘underground’ on Russia payments as banks pull back
Sri Lanka to hand management of China-built airport to India, Russia companies
Russian bought S$88m of gold from dealer in Changi to launder funds for Ukraine invasion
Metals
Gold eases as steady US dollar dampens appeal
Gold prices set for weekly decline ahead of US inflation data
India's Vedanta misses Q4 profit estimates on lower prices
Yen
Japan’s yen jumps against the dollar on suspected intervention
Australian, New Zealand dollars jump to decade-highs against weakened yen
Weaker yen keeps Japanese tourists at home while visitors throng
Malaysia
Laid-back vibe, stunning beaches, rich cuisine and low cost of living lure more expat retirees to Malaysia
Berjaya founder Vincent Tan denies casino plan in Malaysia’s Forest City
Malaysia ex-PM Mahathir facing anti-graft probe in a case involving his sons
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
Telcos, Media & Tech
Financial Times, OpenAI sign content licensing partnership
Companies & Markets
Blackstone beats Concord with US$1.6 billion bid for Hipgnosis Songs
Transport & Logistics
China State Shipbuilding to build 18 LNG ships for QatarEnergy
Companies & Markets
Philips pays US$1.1 billion in US settlement over ventilator recall
Transport & Logistics
Tesla clears key regulatory hurdles for self-driving in China during Musk’s visit
Spotlight
Hot stock: Seatrium up 5.6% on S$100 million share buyback programme
SEE MORE
OPINION & FEATURES
ASEAN Business
NEWS ANALYSIS
To boost growth, Prabowo must reignite Indonesia’s manufacturing sector, adopt green technologies
Shoeb Kagda
ESG
COMMENTARY
Expanding a portfolio’s efficient frontier with natural capital investments
David Fortin and Zhang Weiyi
Opinion & Features
As COP29 planning begins, reforms needed to fulfil Paris ambition
Andrew Hammond
SEE MORE
ASEAN BUSINESS
Philippine peso nears critical 58-per-dollar mark amid regional currencies sell-off
GLOBAL ENTERPRISE