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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
Floating assets: The rise of yachts as an investment
3+ week, 2+ day ago (834+ words) Tax treatment makes Singapore an attractive ownership base in Asia-Pacific [SINGAPORE] In April this year, the Singapore Yachting Festival held at ONE°15 Marina Sentosa Cove drew a record 14,280 visitors and 211 exhibiting brands. JPMorgan Private Bank was the event’s official bank…...
Luxury stocks set for ‘better performance ahead’ but recovery likely progressive, not linear:
1+ week, 4+ day ago (772+ words) rated ‘buy’ by BofA; one of the sector’s cheapest stocks, it trades at a 25% discount to peers [LONDON] Owning luxury stocks has become almost a contrarian trade, but signs...stabilised. Still, relief rallies have been brief and the stocks remain…...
Self-claimed wealth gurus who drove Lamborghinis now made bankrupt; investors worry about their S$5m
1+ week, 6+ day ago (861+ words) Investors file multiple police reports and some wonder if they were duped into a ponzi scheme [SINGAPORE] They each drove Lamborghinis, wore expensive watches and ran schemes where they promised investors high returns for money put into their property deals…...
Luxury watchmakers say Gen-Z buying trends call for bold changes
1+ week, 5+ hour ago (640+ words) THE luxury watch industry needs bigger, bolder innovation and ideas to lure new customers as it hits the limits of its well-worn strategy of boosting revenue with ever-pricier offerings. That’s the view of some industry executives at the annual watch…...
2026 Mercedes-Benz GLB review: 95 reasons you’ll know it’s a Mercedes
4+ week, 2+ day ago (714+ words) With 95 stars on its front grille alone, the newest version of the hot-selling GLB isn’t shy about reminding you it’s a Mercedes [SINGAPORE] The Mercedes-Benz GLB 250+ electric asked me, in earnest robotic tones, whether I wanted directions to the nearest…...
Patek Philippe Chronograph 2026: Four references built on independence
1+ mon, 1+ day ago (752+ words) Four chronographs round out Patek Philippe’s 2026 collection, from a fume-dial 5270 to the brand’s first movement beating at 36,000vph DIGITAL DEVICES TODAY CAN MEASURE elapsed time with astonishing precision. A smartphone can time your eggs in the morning, while a fitness tracker…...
Luxury sales plunge in China as tax push hits rich shoppers
3+ week, 2+ day ago (660+ words) Chinese have increasingly shifted their money into stocks and other financial assets, making them more sensitive...
Porsche inks US$1.5 billion AI deal with India’s Tata Consultancy
2+ week, 5+ day ago (187+ words) [STUTTGART] Porsche partnered with Tata Consultancy Services for deploying artificial intelligence in a 1.25 billion euros (US$1.5 billion) deal, while agreeing to sell its consulting unit to the Indian software services company. The five-year partnership aims to enable AI across Porsche’s…...
China tells carmakers to keep price war away from export markets
1+ week, 5+ day ago (352+ words) Intense domestic competition has sparked concerns that growth may come at the expense of safety and quality [BEIJING] China told its carmakers to keep their cut-throat competitive actions, like steep price cuts, away from overseas markets as manufacturers increasingly look…...
France’s sacred food culture faces an existential reckoning
6+ day, 5+ hour ago (1717+ words) Wine, cheese and bread, the trinity that underpin French identity, now represent the biggest challenge as people cook differently, booze less and producers get squeezed [PARIS] At the Marche International de Rungis, the giant wholesale food market known as “The…...