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Breaking

Property


TURF CITY’S FIRST HOUSING PLOTS PREPPED FOR DEVELOPMENT 

Opinion & Features
BRUNCH


HOME SICK HOME: FORMALDEHYDE DANGER PUSHES FURNITURE INDUSTRY TO CLEAN UP ACT

Companies & Markets


WEE HUR SAYS A$1.6 BILLION STUDENT ACCOMMODATION SALE NOT A DONE DEAL YET

Singapore


PSA’S UPCOMING 18.6 HA SUPPLY CHAIN FACILITY TO SUPPORT TUAS PORT WITH NEW
CAPABILITIES

Property


APOLLO’S S$65M FISH FARM TO BE SOLD AT FRACTION OF COST AMID OWNER’S FINANCIAL
WOES

Economy & Policy


DAILY DEBRIEF: WHAT HAPPENED TODAY (OCT 18)

ASEAN Business


US$500 BILLION OF HOUSEHOLD DEBT WEIGHS ON THAI PM AS MILLIONS STRUGGLE WITH
HOUSE AND CAR LOANS

Global Enterprise


HONG KONG HOUSE SELLS FOR HK$845 MILLION AS LUXURY MARKET IMPROVES

Consumer & Healthcare


LOVE, BONITO LAYS OFF 29 EMPLOYEES GLOBALLY, INCLUDING 14 IN SINGAPORE

Podcasts


MARKET FOCUS DAILY: FRIDAY, OCTOBER 18, 2024

 * NEW
   
   
   BT IS ON WHATSAPP!

 * REMOTE WORK
   
   
   QUIT IF YOU DON’T WANT TO RETURN TO OFFICE: AMA...

 * FINANCIAL RESULTS
   
   
   KEPPEL DC REIT, BLACKSTONE, TSMC, PARKWAY LIFE ...

 * APPOINTMENTS
   
   
   LIEW MUN LEONG, LEE SEOW HIANG JOIN BHUTAN PROJ...

 * ROGUE TYCOON
   
   
   VIETNAM DEATH ROW TYCOON GETS LIFE FOR ADDITION...

 * SINGAPORE T-BILLS
   
   
   CUT-OFF YIELD ON LATEST 1-YEAR T-BILL TUMBLES T...

 * HAPPIEST PLACE ON EARTH
   
   
   DISNEY’S FIRST ASIA-BASED CRUISE SHIP DEPARTS F...

 * BTO LAUNCH
   
   
   TANJONG RHU, SEAVIEW BTO FLATS TO GO ON SALE IN...

 * TOO MANY COOKS
   
   
   SINGAPORE F&B BUSINESSES CLOSING BY THE THOUSANDS

 * LAY-OFFS
   
   
   ONE CHAMPIONSHIP CUTS DOZENS OF STAFF

 * OK LIM TRIAL
   
   
   AGC SEEKS 20 YEARS’ JAIL, DEFENCE ASKS FOR 7 YEARS

 * PRITAM’S TRIAL
   
   
   LOW THIA KHIANG BELIEVED ‘WP WOULD SURVIVE THE ...




BREAKING NEWS

Banking & Finance


UK PROPOSES EASING BANKER BONUS RULES TO BOOST COMPETITIVE EDGE

Oct 18, 2024 06:28 PM
International


KING CHARLES ARRIVES IN AUSTRALIA FOR LANDMARK TOUR

Oct 18, 2024 06:11 PM
Economy & Policy


DAILY DEBRIEF: WHAT HAPPENED TODAY (OCT 18)

Oct 18, 2024 06:30 PM
Companies & Markets


ASIAN MARKETS CHEER OVER CHINA’S STRONGER-THAN-EXPECTED GDP DATA; STI UP 0.4%

Oct 18, 2024 05:56 PM
International


MALAYSIA TO WIDEN TAX NET AND CUT SUBSIDIES IN 2025 AS BUDGET SPENDING HITS
RECORD

Oct 18, 2024 05:04 PM
UPDATED 44 minutes ago
ASEAN Business


EXPORT-LED GROWTH WILL BE LIMITED IN SCOPE FOR CHINA; DUAL CIRCULATION IS ‘RIGHT
DIRECTION’: DPM HENG

Oct 18, 2024 11:18 AM
UPDATED 49 minutes ago
Property


GOVERNMENT EYES NEW INDUSTRIAL ESTATE AT JURONG BIRD PARK SITE, WITH ‘WORK AND
PLAY’ USES PLANNED

Oct 18, 2024 05:43 PM
Telcos, Media & Tech


FUJI SOFT BOARD SUPPORTS KKR BUYOUT OFFER: NIKKEI

Oct 18, 2024 05:28 PM



MYBT

Financial Results


VOLVO’S EARNINGS DROP AS FREIGHT, CONSTRUCTION DEMAND WANES


KEPPEL DC REIT Q3 DPU UP 0.4% AT S$0.02501

UPDATED 7 hours ago


BLACKSTONE TOPS PROFIT ESTIMATE AS ITS ASSETS HIT RECORD, DEALMAKING PICKS UP

Inflation


ECB CUTS RATES AGAIN AS EUROZONE ECONOMY STAGNATES

UPDATED 20 hours ago


SURPRISE THAI RATE CUT HIGHLIGHTS GROWTH WORRIES ACROSS SOUTH-EAST ASIA


UK INFLATION DROPS SHARPLY, BOLSTERING CASE FOR A BOE RATE CUT

Cryptocurrencies


SAM ALTMAN’S REBRANDED WORLDCOIN RAMPS UP IRIS-SCANNING CRYPTO PROJECT


BITCOIN APPROACHES US$70,000 WITH SPECULATORS EYEING RECORD HIGHS


TRUMP’S CRYPTO PLATFORM FALTERS ON FIRST DAY OF SALES

Covid-19
FORMULAS FOR SUCCESS


PANDEMIC E-COMMERCE BOOM HELPS SIGI SKIN FIND EARLY SUCCESS


TRUMP SECRETLY SENT COVID TESTS TO PUTIN: BOB WOODWARD BOOK


HDB COMPLETES 94% OF ALL PANDEMIC-DELAYED PROJECTS

Interest Rates


CHINA CENTRAL BANK CHIEF FLAGS MORE INTEREST RATE CUTS

UPDATED 5 hours ago


ECB CUTS RATES AGAIN AS EUROZONE ECONOMY STAGNATES

UPDATED 20 hours ago


THAI RATE CUT BODES WELL FOR RALLY IN STOCKS, SAYS BOURSE CHIEF

Electric Vehicles
PERSPECTIVE


JAPAN HOPES ELECTRIC CARS WERE JUST A BAD DREAM


APPLE SECRETLY WORKED WITH CHINA’S BYD ON LONG-RANGE EV BATTERY


GENERAL MOTORS BACKS BIGGEST US LITHIUM PROJECT WITH US$625 MILLION INVESTMENT

Canada


HOME SALES, PRICES RISE IN CANADA AS MORE HOUSEHOLDS TEST MARKET


CHEVRON SELLS CANADIAN OIL SANDS, SHALE ASSETS FOR US$6.5 BILLION


TORONTO HOME PRICES FALL FOR SECOND MONTH AS NEW LISTINGS SURGE

Climate Change


EUROPE’S WATER SECURITY UNDER THREAT, ENVIRONMENT AGENCY WARNS


CLIMATE PACT NEEDS ‘HUNDREDS OF BILLIONS’ IN STATE MONEY: COP29 HOSTS

THE BOTTOM LINE


ONCE OUR PRIMARY FORESTS ARE GONE, THEY’RE GONE FOREVER

Currencies


DOLLAR JUMPS AS RETAIL SALES CONFIRM STRONG US ECONOMY


US DOLLAR STEADY NEAR TWO-MONTH HIGH AS MARKETS WEIGH POLICY OUTLOOK


US DOLLAR HOVERS NEAR HIGHS AS INVESTORS PARSE CHINA’S STIMULUS PLANS; EURO
SLIPS

Semiconductors


HUAWEI SUPPLIERS FACE US LAWMAKER EFFORT TO BLOCK CHIP GEAR


ASML CEO SEES SLOW CHIP RECOVERY EXTENDING ‘WELL INTO 2025’


ASML CUTS FORECASTS IN Q3 EARNINGS PUBLISHED EARLY; SHARES FALL

Housing


US HOME BUILDER CONFIDENCE RISES FOR SECOND STRAIGHT MONTH


CHINA TO EXPAND FINANCING FOR HOUSING PROJECTS TO 4 TRILLION YUAN: HOUSING
MINISTER


US MORTGAGE RATES CLIMB TO 6.52%, HIGHEST SINCE EARLY AUGUST

M&A


GERMANY’S MERCK OPEN TO MORE M&A FOR ITS LIFE SCIENCE DIVISION


YEO HIAP SENG BUMPS UP VITASOY STAKE TO 4% WITH HK$133.8 MILLION SHARE PURCHASE


STRIPE IN ADVANCED TALKS TO ACQUIRE STABLECOIN-FOCUSED FINTECH PLATFORM BRIDGE

Bonds


GOLDMAN SACHS, MORGAN STANLEY SELL COMBINED US$11 BILLION IN BONDS


INDIA’S ADANI GREEN CALLS OFF PLANNED DOLLAR BOND SALE: SOURCES


STRAITS TRADING COMPANY SETS UP S$55 MILLION MULTICURRENCY DEBT ISSUANCE
PROGRAMME

Sustainability
COMPANY OF GOOD


WHAT IS CORPORATE PURPOSE?

EMERGING ENTERPRISE AWARDS 2024


CLEANER ENERGY FOR INDUSTRIES


OVER HALF OF SINGAPORE FIRMS PLAN TO INVEST S$700,000 OR MORE IN DIGITAL
SUSTAINABILITY EFFORTS: REPORT

Oil Prices


OIL PRICES EDGE HIGHER ON US CRUDE STOCKPILES DRAW


OIL PRICES HOLD AT 2-WEEK LOW ON LOWER OIL DEMAND GROWTH FORECASTS


OIL PLUNGES 4% AS IRAN SUPPLY DISRUPTION CONCERNS EASE, DEMAND OUTLOOK WEAKENS

US Federal Reserve


CHINA IS NOT A COMPETITIVE THREAT TO US: FEDERAL RESERVE’S KASHKARI


US FEDERAL RESERVE ‘SHOULD PROCEED WITH MORE CAUTION’ ON RATE CUTS: OFFICIAL


TRUMP ADVISER BESSENT SLAMS FED OVER SEPTEMBER HALF-POINT CUT

Opec


OIL PRICES HOLD AT 2-WEEK LOW ON LOWER OIL DEMAND GROWTH FORECASTS


OIL PLUNGES 4% AS IRAN SUPPLY DISRUPTION CONCERNS EASE, DEMAND OUTLOOK WEAKENS


IEA SEES OIL SURPLUS LOOMING, REASSURES ON IRAN SUPPLY RISK

Russia


CHINA’S EXPORTS TO RUSSIA GROW IN SEPTEMBER AT FASTEST PACE IN NINE MONTHS


CHINA’S CHERY ASSEMBLES CARS IN RUSSIAN PLANTS VACATED BY WESTERN RIVALS


OCBC TO STOP RUSSIA-LINKED TRANSACTIONS TO CUT RISK

Metals


GOLD TOPS US$2,700 FOR FIRST TIME TO EXTEND RECORD-BREAKING RUN

UPDATED 6 hours ago


GOLD HOLDS BELOW RECORD HIGH AHEAD OF US DATA


GOLD PRICES FLAT AS TRADERS AWAIT FRESH CATALYSTS

Yen


DOLLAR JUMPS AS RETAIL SALES CONFIRM STRONG US ECONOMY


US DOLLAR STEADY NEAR TWO-MONTH HIGH AS MARKETS WEIGH POLICY OUTLOOK


US DOLLAR HOVERS NEAR HIGHS AS INVESTORS PARSE CHINA’S STIMULUS PLANS; EURO
SLIPS

Malaysia


MALAYSIA’S BUDGET EYED FOR CATALYSTS TO SPUR REBOUND IN BONDS


MALAYSIA’S WORLDWIDE STAINLESS TO ACQUIRE BAHRU STAINLESS FROM ACERINOX FOR
US$95 MILLION


MALAYSIA EX-PREMIER MAHATHIR, 99, HOSPITALISED FOR INFECTION

7-eleven


SEVEN & I WILL SPLIT INTO TWO TO FEND OFF COUCHE-TARD TAKEOVER


SEVEN & I RESTRUCTURING, PROFIT OUTLOOK ARE IN FOCUS AT EARNINGS


7-ELEVEN OWNER CONFIRMS NEW TAKEOVER OFFER FROM COUCHE-TARD





COMPANIES & MARKETS

Banking & Finance


UK PROPOSES EASING BANKER BONUS RULES TO BOOST COMPETITIVE EDGE

Oct 18, 2024 06:28 PM
Companies & Markets


ASIAN MARKETS CHEER OVER CHINA’S STRONGER-THAN-EXPECTED GDP DATA; STI UP 0.4%

Oct 18, 2024 05:56 PM
Telcos, Media & Tech


FUJI SOFT BOARD SUPPORTS KKR BUYOUT OFFER: NIKKEI

Oct 18, 2024 05:28 PM
Transport & Logistics


VOLVO’S EARNINGS DROP AS FREIGHT, CONSTRUCTION DEMAND WANES

Oct 18, 2024 04:53 PM
Banking & Finance


CHINA APPROVES BNP PARIBAS, PRUDENTIAL INSURANCE VENTURES

Oct 18, 2024 04:42 PM
Companies & Markets


SABANA REIT’S UNITHOLDERS VOTE FOR REQUISITIONISTS’ CANDIDATES TO BE ON NEW
INTERNAL MANAGER’S BOARD

Oct 18, 2024 04:24 PM



OPINION & FEATURES

Opinion & Features


BEIJING’S SUCCESS IS A CONUNDRUM FOR NOBEL WINNERS

MIHIR SHARMA

Opinion & Features


RATAN TATA WAS ONE OF GLOBALISATION’S GIANTS

ADRIAN WOOLDRIDGE

Opinion & Features
THINKING ALOUD


RISE IN MEDISHIELD LIFE PREMIUMS BRINGS HOME THE REALITIES OF AN AGEING SOCIETY

JANICE HENG


ASEAN BUSINESS


MEDICAL TOURISM, BIOPHARMA LEADING THE WAY IN CHINA’S HEALTHCARE FLOWS TO ASEAN


GLOBAL ENTERPRISE


YEO HIAP SENG BUMPS UP VITASOY STAKE TO 4% WITH HK$133.8 MILLION SHARE PURCHASE


STARTUPS


BIOFOURMIS FOUNDER EMERGES WITH NEW STARTUP OUTCOMESAI; PARTNERS SINGHEALTH


SGSME

FORMULAS FOR SUCCESS


PANDEMIC E-COMMERCE BOOM HELPS SIGI SKIN FIND EARLY SUCCESS


PODCASTS


MARKET FOCUS DAILY: FRIDAY, OCTOBER 18, 2024

China rolls out 800 billion yuan funding schemes to bolster stock market; Gold
tops US$2,700 for first time to extend record-breaking run;...


MARKET FOCUS DAILY: THURSDAY, OCTOBER 17, 2024

Oct 17, 2024 05:46 PM


MARKET FOCUS DAILY: WEDNESDAY, OCTOBER 16, 2024

Oct 16, 2024 05:46 PM


MARKET FOCUS DAILY: TUESDAY, OCTOBER 15, 2024

Oct 15, 2024 05:46 PM


MARKET FOCUS DAILY: MONDAY, OCTOBER 14, 2024

Oct 14, 2024 05:56 PM


VIDEOS


WHAT’S NEXT AFTER ALLIANZ’S FAILED ACQUISITION OF INCOME?


HO CHI MINH CITY AND HANOI AMONG LEAST AFFORDABLE CITIES IN ASIA: VIETNAM’S
HOUSING SHORTFALL


WHAT CAN BUYERS EXPECT FROM PRIME, PLUS AND STANDARD BTO FLATS?


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MONDAY, 7 AM


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A weekly breakdown of the latest developments affecting financial markets.

Subscriber Only



LIFESTYLE

Lifestyle
DESIGN


FROM A RESHAPED PIANO TO A TWO-WAY OVEN FOR SMALL KITCHENS, THESE ARE WINNING
DESIGNS WE WANT  

Lifestyle
DINING OUT


CHEESE PRATA AND BAO THE FRENCH WAY AT LES DUCS

Lifestyle
BOOKS


NEW NOVEL ENTITLEMENT PUTS PHILANTHROPY ON TRIAL

BT Luxe
TRAVEL


THE PHILIPPINES FOR THE ADVENTUROUS FOOD-LOVER

Just on the outskirts of Manila lie the fascinating provinces of Pampanga,
Batangas and Cavite, where a mind-blowing discovery of local cuisine...

BT Luxe


EVAN KWEE: GROWING THE GLOBAL FOOTPRINT OF PONTIAC LAND’S CAPELLA, ONE LUXURY
HOTEL AT A TIME

The third-generation scion of Pontiac Land’s Kwee family is leading its
hospitality business in a new direction

BT Luxe
BT LUXE


SOH JUN WEI: FROM WOODSHOP TO WORLD STAGE

Once a carpentry shop, now a global fit-out manufacturer, Redwood Interior is
ready to thrive under its second-generation leader

BT Luxe
BT LUXE


LEONG YONG SHIN: BYTES AND BIG DREAMS AT AUGMENTUS

The co-founder of Augmentus is simplifying robotics for the whole world

BT Luxe
TRAVEL


THE MAGICAL, VARIED CHARMS OF SAPA 

The theatrical Hotel de la Coupole – MGallery Collection is a perfect spot from
which to launch your holiday in this mountainous...

BT Luxe
TRAVEL


K-DESIGN IN SEOUL

Beyond K-pop, K-fashion and K-beauty, Seoul is a destination to experience
amazing and high-quality design and architecture

BT Luxe
TRAVEL


THE PHILIPPINES FOR THE ADVENTUROUS FOOD-LOVER

Just on the outskirts of Manila lie the fascinating provinces of Pampanga,
Batangas and Cavite, where a mind-blowing discovery of local cuisine...

BT Luxe


EVAN KWEE: GROWING THE GLOBAL FOOTPRINT OF PONTIAC LAND’S CAPELLA, ONE LUXURY
HOTEL AT A TIME

The third-generation scion of Pontiac Land’s Kwee family is leading its
hospitality business in a new direction

BT Luxe
BT LUXE


SOH JUN WEI: FROM WOODSHOP TO WORLD STAGE

Once a carpentry shop, now a global fit-out manufacturer, Redwood Interior is
ready to thrive under its second-generation leader

BT Luxe
BT LUXE


LEONG YONG SHIN: BYTES AND BIG DREAMS AT AUGMENTUS

The co-founder of Augmentus is simplifying robotics for the whole world

BT Luxe
TRAVEL


THE MAGICAL, VARIED CHARMS OF SAPA 

The theatrical Hotel de la Coupole – MGallery Collection is a perfect spot from
which to launch your holiday in this mountainous...

BT Luxe
TRAVEL


K-DESIGN IN SEOUL

Beyond K-pop, K-fashion and K-beauty, Seoul is a destination to experience
amazing and high-quality design and architecture

BT Luxe
TRAVEL


THE PHILIPPINES FOR THE ADVENTUROUS FOOD-LOVER

Just on the outskirts of Manila lie the fascinating provinces of Pampanga,
Batangas and Cavite, where a mind-blowing discovery of local cuisine...

 * 
 * 
 * 
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