The Business Times
Singapore · English · Digital
A Singapore-based news outlet covering business, financial markets, and economic developments.
- 90 stories today
- 89/day · 7-day avg
- Top beat: Business
- Tracked since 2026
- 4 Singapore peers
Today’s stories
- SpaceX set to surge past US$2 trillion valuation in blockbuster Nasdaq debutSpaceX's Nasdaq debut saw its shares surge over 30% on the first day, valuing the company at over $1.77 trillion and making it the seventh-largest US company by market capitalization.
- SpaceX’s record IPO said to draw over US$350 billion in demandSpaceX's IPO attracted over $350 billion in demand, with institutional investors ordering $250 billion and individual investors getting $15 billion, marking the largest IPO in history.
- US stocks: S&P, Dow edge higher on Middle East deal hopes; SpaceX debut in focusUS stocks edged higher on Middle East peace deal hopes and anticipation for SpaceX's IPO, which is set to be the largest in Wall Street history with a $1.75 trillion valuation, though some space stocks declined ahead of the debut.
- Rolex raises gold watch prices again as super-rich buyers are undeterredRolex increased gold watch prices by 5% in June 2026, joining other luxury brands in raising prices amid strong demand from wealthy clients and rising gold costs. Gold prices have nearly doubled since 2024, and Swiss high-value watch exports more than doubled from pre-pandemic levels.
- Sam Bankman-Fried loses bid to overturn crypto fraud convictionSam Bankman-Fried's attempt to overturn his crypto fraud conviction was denied by a US appeals court, maintaining his 25-year sentence.
- A day in the life of an equities analystEquities analysts in Singapore spend their days analyzing market data, communicating with company executives, and collaborating with sales teams to provide investment recommendations, while adapting to technological advancements.
- Nestle India rejects allegations of infestation in its Maggi noodlesNestle India denied allegations of insect infestation in Maggi noodles, stating that testing found no issues and the concern came from an unverified social media account.
- China markets are ‘much cheaper’, but beware the crackdown on overseas trading: Amundi CIOAmundi's CIO remains cautiously optimistic about China's markets despite concerns over the crackdown on capital outflows and its impact on investor sentiment.
- India’s inflation accelerates to 3.93% in May, remains a tad below RBI target
- Revised framework for single family offices to take effect on Jun 15: MAS
- Europe’s top carmakers urge simple ‘Made in Europe’ rulesEuropean automakers Volkswagen, Stellantis, and Renault are pushing the EU to implement a 'Made in Europe' rule requiring 70% of vehicle value to be sourced locally, citing competitiveness issues and calling for policy support to strengthen local production.
- Bank of Japan to consider pausing bond taper next fiscal year, sources sayThe Bank of Japan is considering pausing its bond purchase taper starting April 2027, with a potential rate hike to 1% in June, as the board remains divided on monetary policy adjustments.
- ‘Important to remain involved’: Why StanChart didn’t walk away from the Singapore MarathonStandard Chartered ended its 24-year title sponsorship of the Singapore Marathon but remains involved as the official bank partner with naming rights to the 10 km race, while expanding its sports sponsorships to Formula 1 and Liverpool FC.
- ComfortDelGro sees China and Singapore as key robotaxi marketsComfortDelGro identifies China and Singapore as primary markets for autonomous vehicles, aiming to operate 3,000 AVs by 2030, with China's supportive policies and existing AV infrastructure seen as key advantages.
- Issue 198: UBS cuts Asia ESG staff; S-E Asian renewables assets face high climate riskSwiss bank UBS reduces Asia ESG team size while Zurich Insurance reports high climate risk for 75% of assets by 2030.