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The Business Times - Find latest business & financial news including analysis and opinion on top business stories, stock markets in Singapore, Asia-Pacific & global market news and more at The Business Times. Find latest business & financial news including analysis and opinion on top business stories, stock markets in
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News
New attacks in Hormuz and Saudi test nerves as war’s spread worsens oil disruption
1+ hour, 50+ min ago (1070+ words) The past two weeks have seen a steady escalation in the war [ADEN/DUBAI] New strikes on Saudi Arabia and on ships in the Gulf tested nerves in the Middle East on Sunday (Sep 13), after an attack on a Saudi…...
Gutted and remodelled, Trump’s childhood home sells for nearly US$2 million
14+ hour, 43+ min ago (611+ words) The buyer has not been publicly disclosed; listings for the property have not shied away from its association with the US president [NEW YORK] A Tudor-style home in Jamaica Estates, Queens, doesn’t stand out among rows of others with warm…...
Is Scott Bessent winning the wrong battle in markets?
15+ hour, 33+ min ago (136+ words) Despite the Treasury secretary’s intervention in the yen, US bond yields are climbing higher and higher THE good news for Scott Bessent, the prickly US Treasury secretary, is that he has established control over one of the world’s most challenging…...
All eyes on US Fed chair Warsh as rate-hike fever spreads across G7 central banks
15+ hour, 35+ min ago (840+ words) US will be most closely watched in the wake of a higher-than-expected core inflation reading CENTRAL banks from much of the Group of Seven (G7) face a pivotal week as mounting inflation risks heap pressure on them to raise interest rates....
Oil supply fears mount after reported Hormuz ship attack and closure of vital Saudi pipeline
17+ hour, 14+ min ago (910+ words) Saudis reported to ask Trump for military help to combat Houthi advance [ADEN/DUBAI] Maritime trackers received new reports of an attack on a ship in the Strait of Hormuz on Sunday (Sep 13), adding to concerns about Iran-related threats to…...
Trump says he does not regret Iran war despite impact it may have on midterm elections
2+ day, 22+ hour ago (335+ words) Rising oil and gas prices continue to be a bugbear among Republicans [WASHINGTON] President Donald Trump said he did not regret going to war against Iran despite the impact the conflict may have on the November US midterm elections. “I…...
Hell hath no fury like a man scorned: CEO’s S$468,000 suit against ex fails after relationship sours
3+ day, 15+ hour ago (825+ words) Judge says evidence clearly shows he was ‘smitten’ and had ‘showered her with expensive gifts’ [SINGAPORE] Infatuated with a former flight attendant he met on a flight, the chief executive of a listed company claimed to have spent more than…...
US weekly jobless claims edge down as layoffs remain low
3+ day, 9+ hour ago (167+ words) [WASHINGTON] The number of Americans filing claims for unemployment benefits fell last week, suggesting that layoffs remained low and continued to anchor the labour market. Initial claims for state unemployment benefits dipped 1,000 to a seasonally adjusted 206,000 for the week ended…...
ECB raises interest rates as Iran war fuels inflation fears
3+ day, 9+ hour ago (841+ words) A surge in oil prices is clouding the inflation outlook again; resilient growth leaves room to act [FRANKFURT] The European Central Bank (ECB) raised interest rates on Thursday (Sep 10) for the second time in 2026, seeking to quell an energy-driven rise…...
Europe is trying to gauge how much pain it can take from China
3+ day, 14+ hour ago (1571+ words) Market share lost to Chinese manufacturers cost the EU nearly US$150 billion in 2025 [BERLIN] It was a bittersweet moment for Sönke Siegfriedsen when his revolutionary design for a floating offshore wind turbine was pitched to Spain’s prime minister in April....