Posts by Yurie Miyazawa
Saudi prince’s investment firm would be keen on TikTok if Musk or others buy it, CEO says – The Business Times
SAUDI Arabian Prince Alwaleed Bin Talal’s investment company Kingdom Holding (KHC) would be interested in investing in ByteDance’s TikTok if Elon Musk or others offered to buy it, CEO Talal Ibrahim al-Maiman told Al Arabiya TV on Wednesday (Jan 22). The search to find a buyer for the Chinese-owned popular short-video app continues in the…
Read MoreGoldman Sachs starts infrastructure fund for wealthy individuals – The Business Times
GOLDMAN Sachs Group’s alternative investment arm is launching a global infrastructure fund for wealthy individuals, as it ramps up efforts to open the growing private capital industry beyond institutional investors. The fund, called G-INFRA, will invest in mid-sized infrastructure deals, secondaries – or buying stakes in infra assets from investors who sell out early –…
Read MoreApple close to deal to lift Indonesian iPhone ban, minister says – The Business Times
INDONESIA is close to a deal with Apple over an investment plan that would lift a ban on iPhone 16 sales in the country, according to a government minister. South-east Asia’s largest country banned the sale of the new device in October, saying Apple had failed to comply with domestic manufacturing requirements for smartphones and…
Read MoreOffice Holiday Gift Swaps Gone Wrong: What Not to Do
Office holiday gift swaps can be a lot of fun, but they can also turn into a real headache if things go wrong. Whether it’s a poorly chosen gift or a misunderstanding about what’s appropriate, there’s plenty that can trip you up. With everyone trying to impress or at least not embarrass themselves, it’s easy…
Read MoreUBS halts margin loans on some New World Development securities – The Business Times
UBS Group halted accepting some bonds and shares of New World Development as collateral for margin loans, joining other global lenders in suspending such financing for rich clients, according to people familiar with the matter. The wealth arm of the Swiss bank cut back the lending in recent weeks, one of the people said, asking…
Read MoreClaims against e-wallet players hit nearly half a million dollars in just over a month: financial dispute agency – The Business Times
A TOTAL of 16 claims amounting to S$441,625.12 were filed against e-wallet providers in just over a month, with a median claim amount of S$1,093.50, and an average claim amount of S$27,601.57. These claims include disputes arising from fraud or scams, delays or failure in customer service, as well as unauthorised transactions following the loss of…
Read MoreSome Asian car and battery makers hit as Trump gets to work – The Business Times
SHARES of Japanese automakers and South Korean battery makers declined on Tuesday (Jan 21), after US President Donald Trump said he could impose tariffs on Canada and Mexico soon and revoked the previous administration’s executive order on electric vehicles (EVs). But Chinese manufacturers bucked the trend, with stocks opening higher after Trump did not target…
Read MoreMorgan Stanley boosts senior Asia banker bonuses by up to 40% – The Business Times
MORGAN Stanley is raising bonuses for some of its top investment bankers in Asia by as much as 40 per cent this year after a jump in revenue, according to sources familiar with the matter. On average, the New York-based bank has raised bonuses for its senior ranks in Asia by the high-teens to compensate…
Read MoreTaiwan quake spurs TSMC plant evacuations in island’s south – The Business Times
TAIWAN Semiconductor Manufacturing Company (TSMC) evacuated factories following a 6.4 magnitude earthquake near the city of Chiayi that injured at least four people and suspended work at factories across the island’s south. Taiwan’s largest company moved workers out of some plants located in the island’s central and southern regions that met evacuation criteria, it said.…
Read MoreChina markets subdued after no immediate Trump tariffs; US dollar weakens – The Business Times
SOME markets across the Asia-Pacific region jumped – after US President Donald Trump did not immediately impose tariffs following his inauguration on Monday (Jan 20). Both Japan’s Nikkei 225 and Australia’s ASX 200 leaped 0.8 per cent on Tuesday shortly after the open. South Korea’s Kospi was up 0.9 per cent and the FTSE Bursa…
Read More