Posts by Yurie Miyazawa
LTA awards over S$300 million in contracts for 660 electric buses, including to BYD
[SINGAPORE] The Land Transport Authority (LTA) has awarded six contracts for 660 new electric buses, which will be progressively deployed for passenger service from end-2026, it said on Monday (Dec 15). These contracts, collectively worth S$322.2 million, are for 360 single-deck and 300 double-deck buses from four companies. This marks LTA’s first large-scale purchase of…
Read MoreInterest in money market funds in Singapore falls 44% quarter on quarter to S$1.5 billion in Q3: Morningstar
[SINGAPORE] Singaporean investor interest in money market funds waned in the third quarter of 2025, with net inflows of S$1.5 billion, down 44 per cent from the S$2.7 billion recorded for the quarter prior, a FundSingapore/Morningstar report has found. This was despite a 32 per cent quarter-on-quarter rise in total net inflows, to S$5.4 billion…
Read MoreRaffles Education leads most active pack on SGX with 43 million shares traded; price jumps 24%
Counter hits peak of S$0.133 on Monday; volume is 4 times its average daily figure [SINGAPORE] Raffles Education led the pack of actives on the Singapore Exchange (SGX) on Monday (Dec 15). The counter surged as much as 24.3 per cent, gaining S$0.026 to a peak of S$0.133 as at 2.44 pm. It later pared…
Read MoreRinggit’s outperformance set to extend next year on AI boost
[SINGAPORE] The Malaysian ringgit is on course to beat its Asian peers for a second straight year, and some strategists are expecting the outperformance to extend into 2026. Malaysia’s deep linkages to the global tech supply chain, positive growth prospects and the government’s continued push on fiscal consolidation bode well for the ringgit, according to…
Read MoreGreen stocks are big winners as tech boom drives energy demand
Lower interest rates have also improved the outlook for debt-heavy clean-power counters IT WAS supposed to be a glum year for green stocks as US President Donald Trump pushed his Big Oil agenda. Instead, the sector is booming as artificial intelligence (AI) powers massive demand for all kinds of energy. The S&P Global Clean Energy…
Read MoreGreen stocks are big winners as tech boom drives energy demand
Lower interest rates have also improved the outlook for debt-heavy clean-power counters IT WAS supposed to be a glum year for green stocks as US President Donald Trump pushed his Big Oil agenda. Instead, the sector is booming as artificial intelligence (AI) powers massive demand for all kinds of energy. The S&P Global Clean Energy…
Read MoreSingapore insurers brace for 2026 as medical inflation climbs and IP rules tighten
Despite challenges, longer-term demographic and wealth trends remain supportive, observers say [SINGAPORE] Medical inflation is expected to remain one of the most pressing challenges for Singapore’s insurance sector in 2026, say industry players and observers, as healthcare costs continue to outpace general inflation. This pressure comes even as the Ministry of Health (MOH) prepares to…
Read MoreMusk’s X posts higher sales amid costly turnaround
[NEW YORK] Sales at Elon Musk’s X jumped during the third quarter, but the social network is still dealing with significant costs – including from the firm’s restructuring – as the billionaire works to turn around the business he bought for US$44 billion. The company, formerly known as Twitter, reported US$752 million in revenue in…
Read MoreFed officials split over risks to US economy going into 2026
The Fed cut its benchmark rate by a quarter percentage point for a third consecutive meeting in response to rising unemployment [NEW YORK] US Federal Reserve officials, including two who will become voters in 2026, offered strongly opposing views on Friday (Dec 12) on what to do with interest rates, continuing a debate that will…
Read MoreWhen You Want to Gift Something Truly Special
Here are a few extra-special gift ideas you can give this holiday season. 1. PeterGrimm Hats I’m not sure when I first came across Peter Grimm Hats, but the moment I bought my first one, I understood the hype. The quality is outstanding, the fit feels genuine, and the style just clicked with who I…
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