Business
Tencent-backed Airwallex acquires OpenPay, in a move that pits it against Stripe Billing
Fintech company Airwallex has acquired OpenPay, a San Francisco-based billing platform that provides subscription management, payment…
Section
Business
Business
Asia: Markets rally as Chinese stocks selloff eases
ASIAN markets mostly gained on Friday after an intense selloff of Chinese equities stalled this week, with rumours the country’s financial…
Business
Singapore swim school Fitness Champs splashes into Nasdaq with US$15 million IPO
As a former competitive swimmer who was waiting to enter university, Joyce Lee started freelancing as a swimming instructor in 1999 to…
Business
Qantas trims executive bonuses by 15% for fiscal 2025 over cyber hack
RALIA’S Qantas Airways has cut short-term bonuses for its top executives and CEO by 15 per cent in fiscal 2025 after a cyber hack earlier…
Business
OpenAI set to start mass production of its own AI chips with Broadcom, FT reports
AI is set to produce its own artificial intelligence chip for the first time next year, as the ChatGPT maker attempts to address…
Business
Broadcom to help OpenAI create AI chip to take on Nvidia
Broadcom is helping OpenAI design and produce an artificial intelligence accelerator from 2026, getting into a lucrative sphere dominated…
Business
Starbucks China valued at about US$5 billion by bidders, sources say
Most of the bidders seeking to buy a portion of Starbucks’ China operations have submitted offers valuing the business at as much as US$5…
Business
Starbucks China reportedly valued at about US$5 billion by bidders
Most of the bidders seeking to buy a portion of Starbucks’ China operations have submitted offers valuing the business at as much as US$5…
Business
Stocks to watch: ST Engineering, Olam, Yangzijiang Financial, Stoneweg Europe Stapled Trust
The following companies saw new developments that may affect trading of their securities on Friday (Sep 5): ST Engineering: Over the next…
Business
Why China’s world-beating stock rally is making investors anxious
WHEN a quiet resurgence in Chinese equities developed into a world-beating rally, it took many seasoned market watchers by surprise.…
Business
Asia-Pacific’s aerospace MRO players must be adaptable, collaborate for growth: panellists
Adaptability and ecosystem-wide collaboration are key to the growth of Asia-Pacific’s aerospace maintenance, repair and overhaul (MRO)…
Business
The tech and trends driving growth in aerospace MRO
Featuring leaders from both the private and public sectors, The Business Times roundtable on aerospace maintenance, repair and overhaul…
Business
Aerospace advancements create jobs that ‘Singaporeans will want to take up’: EDB vice-president
Technological progress in aerospace is creating attractive jobs, but also increasing the need for upskilling, said panellists in a Sep 3…
Business
Apac aviation boom presents ‘tremendous opportunity’ for maintenance, repair and overhaul
The strong growth of Asia-Pacific’s (Apac) aviation sector “presents tremendous opportunity” for the region’s maintenance, repair and…
Business
Oil prices ease on surprise build in US crude stockpiles, Opec+ to consider output hike
Oil prices eased about 1 per cent to a two-week low on Thursday on a surprise build in US crude inventories last week and expectations…
Business
Europe: Shares end stronger on firmer Fed rate-cut bets
EUROPEAN shares closed higher on Thursday as heightened expectations for a US Federal Reserve interest rate cut lifted markets, while…
Business
Lululemon Gets Tripped Up in Q2 by Tariffs and Product Missteps
For years, Calvin McDonald led a master class of double-digit growth as chief executive officer of Lululemon Athletica Inc. And when the…
Business
US: S&P 500 rises to fresh record ahead of jobs data
stocks shook off early weakness on Thursday before climbing, with the S&P 500 ending at a fresh record on hopes a slowing employment…
Business
“Erupcja” Starts Charli XCX’s Acting Career on a High Note
One of the key works of the modern cinema, Roberto Rossellini’s “Voyage to Italy,” from 1954—starring Ingrid Bergman and George Sanders as…
Business
Biotech company Amgen set to build $600-million research center in Thousand Oaks
Biotech company Amgen is investing $600 million into a new research center for its Thousand Oaks campus. The new site will create hundreds…
Business
Charting a Responsible Future: Malaysia's National Action Plan on Business and Human Rights 2025-2030
Integrating human rights into business is essential for sustainable growth and success. It's not just managing risks, it fosters a more…
Business
BlackRock to run US$80 billion for Citi as bank refocuses wealth unit
The move highlights a growing trend among big banks to partner with specialist asset managers Citigroup said on Thursday (Sep 4) it will…
Business
US: Wall St indexes open mixed after jobs data
Wall Street opened mixed on Thursday (Sep 4) after a weaker-than-expected private payrolls report, while Salesforce shares dropped as the…
Business
Olam Group, Yangzijiang Financial to replace CapitaLand Ascott Trust, ComfortDelgro on STI reserve list
There will be no changes to the constituents of the STI following the September 2025 review Food and agricultural giant Olam Group and…