The Business Times

2023-05-16 12:15:20 This slow-burn financial crisis could still bring on a recession

American banks are still falling like dominoes - with First Republic Bank the most recent casualty, and PacWest Bancorp next in line.

https://bt.sg/5HtJ Open / Comment

2023-05-16 11:01:10 Tanjong Pagar site up for en bloc sale again at unchanged S$216 million reserve price

The 999-year leasehold site was first offered for collective sale on Jan 19, but the tender closed with no bids on Mar 22.

https://bt.sg/5Htv Open / Comment

2023-05-16 09:48:01 Morgan Stanley weighs cutting 7% of Asia investment bank jobs

Its China team is taking the biggest hit as deteriorating relations with the US and weaker economic growth curb dealmaking.

https://bt.sg/5Ht2 Open / Comment

2023-05-16 08:35:19 When robots take over your portfolio (and hopefully make you rich)

First they came for your jobs, now they are coming for your portfolios.

https://bt.sg/5Htk Open / Comment

2023-05-16 07:20:15 ComfortDelGro Q1 earnings fall 56.9% to S$32.8 million despite revenue uptick

The company’s revenue inched up 2.1%, while operating profit on a year-on-year basis was down 51.6%.

https://bt.sg/5Ht4 Open / Comment

2023-05-16 06:10:15 #BTOpinion: Sats should allay concerns following departure of WFS CEO

It's a surprising U-turn in such a short time, says BT's Peck Gek, particularly so when Sats had first sought to assure investors about the continuity of Craig Smyth’s leadership in September 2022.

https://bt.sg/5HFz Open / Comment

2023-05-11 16:02:01 Singapore banks post robust Q1 results, but NIMs look to have peaked

Peaking NIMs may also indicate tougher times ahead, with analysts noting that there are limited catalysts currently as the US Federal Reserve rate comes close to its peak in the cycle.

https://bt.sg/5HaB Open / Comment

2023-05-11 14:45:19 Gold rush: MAS leads central banks in precious metal buys in Q1

The rush for gold – a strategic hedge against inflation – in the first three months of the year saw the Monetary Authority of Singapore (MAS) leading the pack of central banks in the world as the top buyer of the yellow metal.

https://bt.sg/5HaX Open / Comment

2023-05-11 13:31:11 Singapore backs status quo on Asean approach to Myanmar; others call for review

The status quo of inviting Myanmar to participate in Asean meetings at a non-political level has “a symbolic purpose as well as important practical consequences”, said PM Lee.

https://bt.sg/5HRW Open / Comment

2023-05-11 13:02:03 Fitness studio Haus Athletics shuts outlets; operating company in liquidation

Some 268 provisional creditors, many of them studio members, are owed S$1.8 million in total.

https://bt.sg/5HRG Open / Comment