The Straits Times – Business

The Straits Times – Business

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Singapore and regional corporate/markets coverage with macro drivers.

Japanese Clubs Cannot Compete with Big-Spending Saudis, Says Kobe Coach Skibbe
NewsApr 21, 2026

Japanese Clubs Cannot Compete with Big-Spending Saudis, Says Kobe Coach Skibbe

Vissel Kobe coach Michael Skibbe warned that Japanese clubs are outmatched by Gulf‑state teams after his side fell 2‑1 to Saudi powerhouse Al‑Ahli in the Asian Champions League Elite semi‑final. He blamed the disparity on the massive spending by Saudi...

By The Straits Times – Business
Tweed-Clad Cyclists Pedal Through London in Vintage Style Parade
NewsApr 18, 2026

Tweed-Clad Cyclists Pedal Through London in Vintage Style Parade

London’s annual Tweed Run turned the city’s streets into a moving fashion showcase as hundreds of cyclists dressed in vintage tweed jackets, bowler hats and even a penny‑farthing. The heritage‑focused ride, first launched in 2009, weaves past landmarks like Big Ben,...

By The Straits Times – Business
Saudi Wealth Fund Sells Football Club Al-Hilal
NewsApr 16, 2026

Saudi Wealth Fund Sells Football Club Al-Hilal

Saudi Arabia’s Public Investment Fund (PIF) announced the sale of its 70% stake in football powerhouse Al‑Hilal to Prince Alwaleed bin Talal’s Kingdom Holding Company. The transaction values Al‑Hilal’s share capital at roughly $376 million, based on a 1.4 billion‑riyal appraisal. The divestiture comes...

By The Straits Times – Business
Messi Acquires Spanish Fifth-Tier Club UE Cornella
NewsApr 16, 2026

Messi Acquires Spanish Fifth-Tier Club UE Cornella

Argentinian star Lionel Messi has taken ownership of UE Cornella, a club competing in Spain’s fifth tier. The acquisition is presented as a long‑term project to nurture Catalan talent and deepen Messi’s ties to Barcelona. It follows Messi’s recent MLS Cup...

By The Straits Times – Business
New South Wales Nixes Big Bash Privatisation Plan, Queensland Defers
NewsApr 15, 2026

New South Wales Nixes Big Bash Privatisation Plan, Queensland Defers

Cricket Australia’s plan to sell up to 49 % of most Big Bash League franchises and full ownership of one team each in Victoria and New South Wales was blocked after New South Wales rejected the proposal and Queensland postponed its...

By The Straits Times – Business
Tom Watson: PGA Tour Reneged on Promise with Brooks Koepka’s Return
NewsApr 9, 2026

Tom Watson: PGA Tour Reneged on Promise with Brooks Koepka’s Return

Brooks Koepka rejoined the PGA Tour in 2026 through a newly‑created Returning Member Program, agreeing to a five‑year forfeiture of $50‑$85 million in player‑equity earnings and a $5 million charitable donation. The deal also requires him to earn entry into signature events on...

By The Straits Times – Business
LA28 Opens Olympic Ticket Sales Globally After Strong Local Presale
NewsApr 9, 2026

LA28 Opens Olympic Ticket Sales Globally After Strong Local Presale

Ticket sales for the 2028 Los Angeles Olympics opened globally on April 9 after a record‑setting local presale that sold more tickets in its first week than any prior Games. Every ticket in the initial phase was bought by residents...

By The Straits Times – Business
Nike Closes in on UEFA Ball Deal as Adidas Bows Out
NewsApr 9, 2026

Nike Closes in on UEFA Ball Deal as Adidas Bows Out

Nike is in exclusive talks to become the official ball supplier for UEFA competitions from 2027 to 2031, ending Adidas' 25‑year tenure. The contract could be worth more than €40 million (about $46.7 million) per year and would include the high‑profile Champions...

By The Straits Times – Business
‘I Can Be a Grandmother and Super Fit’, Hyrox Singapore Participant, 57, Hopes to Redefine Ageing
NewsApr 5, 2026

‘I Can Be a Grandmother and Super Fit’, Hyrox Singapore Participant, 57, Hopes to Redefine Ageing

Singapore’s AIA Hyrox event showcased 57‑year‑old cancer survivor Carolyn Soemarjono finishing third in the 55‑59 age group with a 2 hr 56 min time. After a six‑day‑a‑week gym regimen, she shed 10 kg and reclaimed her fitness, using the sport to challenge age‑related stereotypes....

By The Straits Times – Business
Gattuso Prioritises Mental Issues over Tactics as Italy Face World Cup Playoff
NewsMar 23, 2026

Gattuso Prioritises Mental Issues over Tactics as Italy Face World Cup Playoff

Italy coach Gennaro Gattuso has placed mental resilience above tactical tweaks ahead of the World Cup playoff semi‑final against Northern Ireland. He urged players to shed the trauma of missed 2018 and 2022 qualifications and focus solely on Thursday’s match....

By The Straits Times – Business
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