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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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New attacks in Hormuz and Saudi test nerves as war’s spread worsens oil disruption
12+ hour, 47+ 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…...
Indonesian passenger ship sinks in bad weather; search for 140 people under way
1+ day, 7+ hour ago (247+ words) 103 others evacuated, one of whom have died [JAKARTA] Indonesian rescuers were searching on Sunday (Sep 13) for 140 people from a passenger ship that sank in the Java Sea after 103 others were evacuated, one of whom died, a search and rescue agency…...
‘Ill-advised moment’: OpenAI’s Altman rules out 2026 IPO amid AI safety fears
1+ day, 4+ hour ago (327+ words) Altman and CEOs of AI platforms call for slowing AI model development OPENAI will not go public in 2026 as the artificial intelligence company focuses on addressing safety-related concerns around the technology, chief executive officer Sam Altman told Fortune in an…...
Oil supply fears mount after reported Hormuz ship attack and closure of vital Saudi pipeline
1+ day, 4+ hour 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…...
Developers rush to build homes on Vietnam’s breathtaking coast, testing a new urban model
3+ day, 7+ hour ago (1205+ words) These large-scale, seafront projects are eyeing long-term residents rather than tourists FROM Ha Long Bay to Can Gio, Vietnam’s next generation of seaside real estate is beginning to look less like a collection of beach resorts and more like a…...
August is tied for the world’s hottest month ever recorded
3+ day, 8+ hour ago (374+ words) It ties July 2023 as the warmest month on record, with temperatures 1.65 deg C above pre-industrial levels [NEW YORK] Last month tied July 2023 as the hottest month recorded worldwide, with temperatures 1.65 deg C above pre-industrial levels, the European Union’s Copernicus Climate…...
Trump says he does not regret Iran war despite impact it may have on midterm elections
3+ day, 9+ 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…...
ECB raises interest rates as Iran war fuels inflation fears
3+ day, 20+ 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…...
Xi’s India visit to help diplomatic thaw, but business ties are still bound by suspicion
3+ day, 23+ hour ago (938+ words) Firms on both sides continue to face hurdles, underscoring the gap between diplomatic progress and economic links [NEW DELHI/BEIJING] Chinese President Xi Jinping’s visit to New Delhi on Sep 12 and 13, his first to India in seven years, should further…...
Ministerial pay rise not a lure into politics, but inaction would leave Singapore to ‘suffer the consequences’: PM Wong
4+ day, 1+ hour ago (963+ words) Failing to keep salaries competitive could leave the Republic short of good leadership, he adds [SINGAPORE] The move to increase ministerial salaries is not to incentivise people into politics, but failing to keep political salaries competitive could, over time, leave…...