News
HSBC scraps US$25,500 members’ club perk for Hong Kong bankers
The lender has been on a restructuring and cost-cutting drive under CEO Georges ElhederyPublished Fri, Sep 25, 2026 · 12:35 PMHSBC Holdings is cutting a perk worth up to...
AirAsia’s hunt for cheaper debt won’t be easy with US$100 oil
Elevated oil prices may make it tough for carriers selling cheap flight tickets to make moneyPublished Thu, Sep 24, 2026 · 12:14 PM[JAKARTA] AirAsia’s Tony Fernandes is fed up...
SGX enhances disclosure rules to build a ‘value creation culture’ among issuers
SGX RegCo CEO says the rule changes ‘strengthen disclosure standards while preserving flexibility for issuers’[SINGAPORE] Listed companies will be required to give investors a clearer view of how they...
Autobahn Rent A Car charged with keeping two de-registered vehicles
[SINGAPORE] Embattled car-rental company Autobahn Rent A Car has been read four charges in relation to de-registered cars under its ownership.According to documents seen by The Business Times on...
Yen slips as intervention threat persists, US dollar steady
Published Mon, Sep 21, 2026 · 09:13 PM[SINGAPORE/LONDON] The Japanese yen weakened on Monday (Sep 21) after volatility late last week put traders on alert for possible currency intervention,...
How California tech turns thrifted clothes into fashion’s hottest status symbol
Thrifted clothes have become an unlikely fashion flex for Hollywood’s haute couture hoarders and other trend-setters. California companies have propelled this movement, turning what was once an old-fashioned way...
Hong Kong’s ‘ambitious’ 5-year plan to boost role as global financial hub wins industry backing
Translating these high-level ambitions into reality may not be straightforward, experts say[HONG KONG] Hong Kong rolled out its first five-year strategic blueprint on Wednesday (Sep 16), anchoring its economic...
US stocks: Tech leads Wall Street to higher close as oil eases, Treasury yields dip
Published Fri, Sep 18, 2026 · 05:43 AM[NEW YORK] Wall Street bounced back on Thursday (Sep 17) as easing oil prices, dropping US Treasury yields and solid labour data...
Bank of England to hold rates but energy shock stirs talk of a hike
Published Thu, Sep 17, 2026 · 07:38 AM[MANCHESTER] The Bank of England looks set to keep interest rates on hold on Thursday (Sep 17) but investors are watching for...
Oil falls as Saudi Arabia reroutes crude via Oman after pipeline attacks
Diesel has become the top concern in global oil markets as tensions escalated in recent weeksPublished Thu, Sep 17, 2026 · 06:22 AM[NEW YORK] Oil prices fell on Wednesday...
Asian stocks steady as traders await Fed decision
Published Wed, Sep 16, 2026 · 09:19 AMASIAN stocks were broadly steady as elevated oil prices and rising bond yields kept investors cautious ahead of the US Federal Reserve’s...
Abbott to pay US$385 million in US settlement over contaminated infant formula allegations
Unsanitary conditions at firm’s Michigan plant include roof leaks and inadequate cleaning proceduresPublished Tue, Sep 15, 2026 · 09:42 AMABBOTT Laboratories, the maker of the popular infant formula Similac,...