Haidilao founder, Ray Dalio, Forrest Li’s wife among ultra-rich splurging on 8-figure Singapore properties | Singapore companies must go global despite ongoing trade turbulence: SBF returning chairman SS Teo

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Breakfast Brief Tuesday, June 3, 2025 Haidilao founder, Ray Dalio, Forrest Li's wife among ultra-rich splurging on 8-figure Singapore properties [SINGAPORE] Singapore's top-end real estate is becoming a must-have for billionaires and multi-millionaires seeking a safe haven amid a tanking US dollar and dark clouds… Singapore companies must go global despite ongoing trade turbulence: SBF returning chairman SS Teo [SINGAPORE] In his second tenure as Singapore Business Federation (SBF) chairman, Teo Siong Seng is prioritising efforts to push businesses to venture into new markets. THE LEVEL GROUND Don't blame high rents for F&B business closures [SINGAPORE] Singapore prides itself as a food haven. Residents and visitors love wining and dining at the wide range of food and beverage (F&B) outlets here. Singapore PMI marks slower contraction in May as trade tensions thaw but uncertainty remains [SINGAPORE] Singapore's overall factory activity improved in May, but remained in contraction. This was as global powers' trade tensions de-escalated, but the outlook… Airline revenues to hit near US$1 trillion record in 2025 even as trade tensions bite: Iata [SINGAPORE] Airlines' revenues will hit a record of close to US$1 trillion in 2025 with a stable net profit of US$36 billion. BREAKING 07:15 AM China's rare earths grip gives Xi leverage in US trade duel 07:08 AM Vanguard files for new ex-China emerging markets ETF 07:00 AM Musk bids farewell to Washington – or has he? 07:00 AM Asean increasingly pulled in opposite directions 07:00 AM Haidilao founder, Ray Dalio, Forrest Li's wife among ultra-rich splurging on 8-figure Singapore properties 07:00 AM UK economic team looks beyond Europe 07:00 AM Should SingPost stop delivering letters? 06:53 AM Trump 'open' to meeting leaders of Ukraine, Russia to push ceasefire 06:46 AM Microsoft cuts hundreds more jobs after firing 6,000 last month 06:39 AM Google Deepmind CEO says global AI cooperation 'difficult' 06:34 AM US aluminium and steel prices surge as Trump doubles tariffs 06:27 AM Oil gains on supply concerns as wildfires disrupt Canada supply, Opec+ keeps output plans unchanged 06:18 AM Europe: Shares stumble on Trump's new tariff threat 06:17 AM Disney lays off hundreds in film, TV as industry woes linger 06:13 AM US: Stocks end higher as traders shake off trade tensions MORE BREAKING NEWS BT Short takes Futureproofing Businesses for Resiliency | BT x DBS Budget 2025 Dialogue Scam Awareness & Prevention Workshop for Seniors Workers of eFishery protest at its Bandung based headquarters MORE VIDEOS Latest Podcasts BT Money Hacks: Is now the time for ETFs? Market Focus Daily: Monday, June 2, 2025 WealthBT: Navigating a business sale MORE PODCASTS That's it for today's Breakfast Brief. Thank you for reading. You received this newsletter from someone? Sign up here to get daily updates right in your inbox. Other Good Reads Daily Debrief A round-up of all the important things that happened today. Property Insights Get an exclusive analysis of real estate and property news in Singapore and beyond. ESG Insights An exclusive weekly report on the latest environmental, social and governance issues. MORE NEWSLETTERS If you want to unsubscribe from this mailing list, click here.