Posts by Yurie Miyazawa
Trust Types: The One Decision You Can’t Change
Trust decisions are a big deal, and they can shape your financial future in ways you might not expect. Choosing the right type of trust is crucial because once you make that decision, it’s not easy to change it later. This article will walk you through the types of trusts available, the reasons behind trust…
Read MoreEuropean stocks slide at open after Trump tariffs
[Brussels] European stock markets slumped at the start of trading on Thursday (Apr 3) after US President Donald Trump’s latest tariffs salvo aimed at countries worldwide. Frankfurt’s DAX index was the biggest faller, shedding 2.2 per cent, while the Paris CAC 40 retreated 2.0 per cent. Outside the European Union, London’s FTSE 100 lost 1.2…
Read MoreMitsubishi plans to invest four trillion yen over next three years to drive growth
The company’s largest shareholder is legendary US investor Warren Buffett’s Berkshire Hathaway, which has a 9.67 per cent stake, according to LSEG data [TOKYO] Japanese trading house Mitsubishi Corp said on Thursday (Apr 3) it planned to invest at least four trillion yen (S$36.5 billion) over the next three years to drive growth and aimed…
Read MoreThailand’s richest man picks bad day to debut his flagship firm
[BANGKOK] Thailand’s richest man may have picked a bad day for his newly forged flagship company, Gulf Development, to begin trading. The company, created by merging billionaire Sarath Ratanavadi’s Gulf Energy Development and telecoms firm Intouch Holdings, opened with a market value of 736 billion baht (S$29 billion) on Thursday (Apr 3). That’s 13 per…
Read MoreStoneweg E-Reit manager unveils proposed conversion to stapled group
The move will enhance corporate structure and has potential to optimise tax efficiency and the holding structure of properties, its manager notes [SINGAPORE] The manager of Stoneweg European Reit (Stoneweg E-Reit) announced its proposed conversion into a stapled group to reap benefits including improved tax efficiency, among others. The stapled entity will be known as…
Read MoreStocks to watch: OCBC, Stoneweg E-Reit
[SINGAPORE] The following companies saw new developments that may affect trading of its securities on Thursday (Apr 3): OCBC: The lender said on Thursday that it priced 500 million euros (S$733.8 million) in fixed-rate covered bonds due 2028. The covered bonds, which are part of the lender’s US$10 billion global covered bond programme, will bear…
Read MoreTikTok bidders pile up as deadline looms with Amazon, OnlyFans founder in mix
[BENGALURU] As the weekend deadline for TikTok to find a buyer approaches, bidders for the short-video social media site are piling up. Amazon and, separately, a consortium led by OnlyFans founder Tim Stokely are the latest to throw their hats into the ring for TikTok. The site faces an Apr 5 deadline to reach a…
Read MoreEurope: Stocks drop ahead of Trump’s tariff announcement
[BENGALURU] European shares fell on Wednesday (Apr 2), weighed by losses in healthcare stocks, as investors awaited tariff plans from US President Donald Trump that some fear could slow global growth and boost inflation. The pan-European Stoxx 600 index closed 0.5 per cent lower, with Germany’s trade-sensitive DAX falling 0.7 per cent. Markets waited for…
Read MoreGrab’s new Singapore taxi licence approved as it will need to grow its business organically: regulators
[SINGAPORE] Ride-hail and delivery giant Grab’s entry into the taxi sector was approved because it intends to start a new taxi fleet rather than acquire an existing one, regulators said on Wednesday (Apr 2). Meanwhile, industry observers said the move would increase competition in the sector, possibly benefiting commuters and drivers, though some warned that…
Read MoreOne Raffles Quay inks S$1.13 billion sustainability-linked loan from DBS, other banks
The office complex will work towards meeting targets such as reducing energy and water usage by 20-29% [SINGAPORE] Office complex One Raffles Quay has obtained a five-year, S$1.13 billion sustainability-linked loan (SLL) from DBS and three other banks, to support its efforts to reduce its carbon footprint. DBS is providing S$710 million as the anchor…
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