Posts by Yurie Miyazawa
Europe: Shares close at over 14-month low as trade war volatility grips markets
EUROPEAN shares slumped in a volatile session on Monday, with the Stoxx 600 closing at its lowest since January 2024, as US President Donald Trump showed no signs of letting up in his aggressive trade war. The pan-European Stoxx 600 dropped 4.5 per cent to 474.01 points, down for the fourth straight session. Major bourses closed down between 4…
Read MoreAll Rights Reserved: What Those Words Really Mean
If you’ve ever glanced at a book, magazine, or website, you might have noticed the phrase “all rights reserved” and wondered what it signifies. This article breaks down the meaning of copyright notices, what that phrase means, and how copyright law has changed over time. It’s all about understanding how creators protect their work and…
Read MoreInvestors seek refuge in US dollar, yen as tariff fallout grips markets
INVESTORS poured into safe havens such as the greenback, yen and Swiss franc on Monday (Apr 7), as the market rout from US President Donald Trump’s sweeping tariffs deepened and fears of a global recession grew. Global markets were sent into a tailspin as Asian stocks and Wall Street futures plunged and investors wagered that…
Read MoreTariff worries continue to pummel Asian markets on Monday; Hong Kong sheds 13.2%
[SINGAPORE] The sell-off following US President Donald Trump’s sweeping tariff announcement last Wednesday continued to roil Asian markets on Monday (Apr 7), with the Hong Kong market faring the worst. The Hang Seng index suffered its largest drop since the 1997 Asian financial crisis, plunging more than 3,000 points to close 13.2 per cent lower.…
Read MoreSingapore shares close lower on Monday; STI tumbles 7.5%
Across the broader market, decliners outnumber advancers 612 to 137, with 2.7 billion shares worth S$4.2 billion changing hands [SINGAPORE] All 30 constituents of the Straits Times Index (STI) closed down, as regional indices settled lower on Monday (Apr 7). The STI declined 7.5 per cent or 285.36 points to 3,540.5 – its worst fall…
Read MoreMicrosoft venture Wicresoft to halt China operations, cutting 2,000 jobs: report
The move is in line with Microsoft’s decision to stop outsourcing after-sales support in China to Wicresoft [BEIJING] Microsoft’s joint venture Wicresoft will cease its China operations from Tuesday (Apr 8), a move that will lead to the layoff of about 2,000 staff, Chinese media outlet Caijing reported on Monday, citing sources. The move is…
Read MoreMicrosoft venture Wicresoft to halt China operations, cutting 2,000 jobs: report
The move is in line with Microsoft’s decision to stop outsourcing after-sales support in China to Wicresoft [BEIJING] Microsoft’s joint venture Wicresoft will cease its China operations from Tuesday (Apr 8), a move that will lead to the layoff of about 2,000 staff, Chinese media outlet Caijing reported on Monday, citing sources. The move is…
Read MoreBOJ warns of heightened uncertainty as Trump tariffs batter markets
[TOKYO] The Bank of Japan said uncertainty over Japan’s economy was growing as some firms worried about the hit to profits from higher US duties, a sign President Donald Trump’s sweeping tariffs risked upending a moderate economic recovery. In a quarterly meeting of its regional branch managers on Monday (Apr 7), the BOJ maintained its…
Read MoreJapan’s Nikkei sinks to 1½-year low as bank shares tumble
[TOKYO] Japan’s Nikkei share average slumped on Monday (Apr 7) to the lowest level in 1½ years, with the index of Japanese bank stocks diving more than 17 per cent at one point, as concerns over a tariff-induced global recession continued to rip through markets. The Nikkei dropped as much as 8.8 per cent to…
Read MoreSingapore banks lose over S$37 billion in market value as tariff sell-off continues
[SINGAPORE] Shares of Singapore’s three local banks continued to slide on Monday (Apr 7), weighed down by a broader market sell-off triggered by concerns over US tariffs. As at 12.50 pm, dropped 9.9 per cent to S$39.02, declined 7.6 per cent to S$15.35, and slid 6.1 per cent to S$33.29. The benchmark Straits Times Index…
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