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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
‘Ill-advised moment’: OpenAI’s Altman rules out 2026 IPO amid AI safety fears
1+ hour, 36+ min 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+ hour, 40+ 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…...
Developers rush to build homes on Vietnam’s breathtaking coast, testing a new urban model
2+ day, 5+ 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
2+ day, 6+ 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…...
ECB raises interest rates as Iran war fuels inflation fears
2+ day, 17+ 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…...
Asian stocks fall as oil price surge stokes inflation fears
3+ day, 1+ hour ago (708+ words) Global benchmark Brent climbs as high as US$101.94 after Iran says it is ready for more intense war ASIAN stocks fell, following losses in their US peers, as surging oil prices added to concern that inflation will accelerate and lead…...
Europe’s security depends on a clear electrification target
3+ day, 2+ hour ago (148+ words) There are obvious strategic reasons for EU policymakers to accelerate the clean-energy transition [PARIS] Ever since Russia’s full-scale invasion of Ukraine in 2022, Europe has felt the strain of energy dependence. Between 2021 and 2025, the European Union spent more than 2.2 trillion euros…...
China ‘willing’ to hold AI talks with US despite row over models
3+ day, 5+ hour ago (382+ words) AI has emerged as a key area of US-China technology competition CHINA said it’s willing to hold talks with the US on artificial intelligence, but vowed to retaliate if Washington takes actions against Chinese companies over accusations of systematic technology…...
Asian stocks fall as oil stokes inflation fears
3+ day, 5+ hour ago (601+ words) The MSCI Asia Pacific Index slips 0.4% as benchmark gauges in Japan, South Korea and Australia drop ASIAN stocks fell, tracking losses on Wall Street, as surging oil prices stoked inflation concerns and Treasury yields rose. Oil held above US$101 a…...
Asean’s challenge is to become resilient against global geopolitics: former Indonesia trade minister
3+ day, 19+ hour ago (669+ words) Ongoing US-China tensions, Strait of Hormuz crisis and AI developments change the game, she says at AmChamSG event [SINGAPORE] A question that Asean faces now is whether it can build its own resilience, rather than absorb global shocks and let…...