Leadership
US: S&P 500, Dow open muted after mixed labour market data
The S&P 500 and the Dow were subdued at the open on Thursday (Sep 5) as investors parsed through mixed labour market data to gauge the size of the...
Opec+ agrees to delay October oil output hike for two months: sources
OPEC+ has agreed to delay a planned oil output increase for October and November after crude prices hit their lowest in nine months, three sources from the producers’ group...
BT’s Ang Guangzheng wins Experiential Treat prize at SGX Orb Awards
THE Business Times’ Ang Guangzheng took home the Experiential Treat award at this year’s Singapore Exchange (SGX) Orb Awards, which recognise excellence in financial news and content. Ang, head...
What are airlines doing in response to Cathay Pacific’s Airbus A350 engine failure?
SEVERAL airlines are carrying out precautionary inspections on their Airbus A350 fleets after Hong Kong’s Cathay Pacific found 15 planes that needed fuel line repairs following the in-flight failure...
Foxconn’s August sales climb 33% on AI demand
HON Hai Precision Industry’s revenue rose 33 per cent in August, accelerating from the previous month thanks to demand for servers powering AI applications.
Apple’s main manufacturing partner, also known...
BMW to sell hydrogen cars from 2028 in partnership with Toyota
BMW has operated a small test fleet of hydrogen-powered iX5 sport utility vehicles since 2023BMW plans to start selling hydrogen-powered vehicles in four years in a bid to establish...
Singapore’s holidaymakers toast strongest advance by local dollar in a decade
IT’S been more than a decade since Singapore’s dollar was last this strong against its US counterpart, and the effects are being felt by everyone from importers and exporters...