Posts by Yurie Miyazawa
Indonesia’s INA, Japan’s DBJ launch hybrid fund for mid-sized businesses
Indonesia has emerged as a crucial market for several Japanese financial institutions in South-east Asia to expand their businesses in the country INDONESIA Investment Authority (INA), the country’s first sovereign wealth fund, and the Development Bank of Japan (DBJ) have launched a hybrid fund to provide financing for medium-sized businesses in Indonesia. The fund will…
Read MoreGold gains as investors eye Trump tariff moves
GOLD prices edged higher on Monday (Feb 17) after falling more than 1 per cent in the previous session as market participants awaited more insights on US President Donald Trump’s reciprocal tariff plans, which could heighten global trade tensions. Spot gold rose 0.1 per cent to US$2,885.95 per ounce, as at 0016 GMT. Bullion has…
Read MoreChina slows rather than halts copper smelting’s breakneck growth
THE Chinese government is getting serious about constraining the blind expansion of copper smelters, although its new policy is likely to pause rather than stop development. Eleven ministries signed an order last week to limit capacity in the world’s biggest copper industry, by tying expansions to whether companies also control enough ore supply to feed…
Read MoreKeppel DC Reit divests German data centre for 50 million euros
KEPPEL DC Reit is divesting Kelsterbach Data Centre in Frankfurt, Germany, for 50 million euros (S$70.6 million). On Monday (Feb 17), the real estate investment trust’s (Reit) manager said KDCR Netherlands 3, a wholly owned subsidiary of the Reit, entered into a sale and purchase agreement last week with an unrelated third party. Based on…
Read MoreXi-Jack Ma chat seen as next catalyst for blistering China rally
A POTENTIAL encounter this week between President Xi Jinping and e-commerce icon Jack Ma, coming after a blistering run by tech shares, could be the next catalyst to extend the rally in China’s stocks. Prominent entrepreneurs including Ma have been invited to meet the nation’s top leaders, sources familiar with the matter said last week.…
Read MoreWestpac posts higher quarterly profit as loan volumes grow, late repayments decline
AUSTRALIA’S Westpac posted a rise in its first-quarter net profit on Monday as deposits and loan volumes grew, and said a widely awaited interest rate cut by the central bank should help households and businesses grappling with cost-of-living pressures. Australia’s No. 2 mortgage lender posted an unaudited net profit of A$1.7 billion (S$1.44 billion) for…
Read MoreSTI’s new high: A narrow group of companies unlocking value, lifting profitability has driven the run
GIC shouldn’t allocate funds to ‘pump-prime’ the market; another vehicle should be formed to seize the economic benefits of a more vibrant local market ecosystem The Straits Times Index (STI) reached a milestone of sorts early last week. When the market opened on Monday (Feb 10), the benchmark index hit a new all-time high of…
Read MoreBroadcom, TSMC eye possible Intel deals to split storied chipmaker, WSJ reports
Intel’s rivals Taiwan Semiconductor Manufacturing Co (TSMC) and Broadcom are each eyeing potential deals that would break the US chipmaking icon in two, the Wall Street Journal reported on Saturday (Feb 15), citing people familiar with the matter. Broadcom has been closely examining Intel’s chip design and marketing business, the Journal reported, adding that the…
Read MoreData centre S-Reits report growth in latest results
THE rise of artificial intelligence (AI) has been a key theme for investors in recent years, and data centre (DC) assets are likely beneficiaries as the adoption of such technology gains momentum. Property consultancy JLL noted in its 2025 Global Data Center Outlook that global DC capacity is projected to grow at 15 per cent…
Read MoreMeta plans major investment into AI-Powered humanoid robots
META Platforms, after pushing into augmented reality and artificial intelligence (AI), has identified its next big bet: AI-powered humanoid robots. The company is making a significant investment into the category – futuristic robots that can act such as humans and assist with physical tasks – and is forming a new team within its Reality Labs…
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