Posts by Yurie Miyazawa
Nippon Life’s US$12 billion acquisition spree is just beginning
NIPPON Life Insurance has done more than US$12 billion of deals this month alone. Japan’s biggest insurer is not finished yet. Having committed to pouring billions into a pair of global insurers, the Osaka-based company is now turning to asset managers, as it seeks to diversify business at home and abroad. One of those is…
Read MoreHonda, Nissan aim to finalise merger pact in June: NHK
HONDA Motor and Nissan Motor are looking to finalise a merger agreement as soon as June after negotiations begin later on Monday (Dec 23), Japanese broadcaster NHK said, citing an unidentified source. The two automakers plan to create a holding company that would oversee both businesses, NHK said. A press briefing is expected on Monday…
Read MoreGold prices hold steady in thin trading
SPOT gold remained largely unchanged on Monday (Dec 23) in light trading after gaining on an overall softer US dollar and Treasury yields on Friday, when US economic data hinted at a slowdown in inflation. Spot gold traded flat at US$2,621.19 per ounce, as at 0057 GMT. US gold futures eased 0.3 per cent to…
Read MoreStocks to watch: SingPost, Top Glove, TalkMed
THE following companies saw new developments that may affect the trading of their securities on Monday (Dec 23):
Read MoreStarbucks workers expand strike in cities, including New York
STARBUCKS workers have expanded their strike to four more US cities, including New York, the union representing over 10,000 baristas said late on Saturday (Dec 21). The five-day strike, which began on Friday and initially closed Starbucks cafes in Los Angeles, Chicago and Seattle, has added locations in New Jersey, New York, Philadelphia and St…
Read MoreThe battle of the wealth hubs: Singapore, Dubai and Hong Kong
Asian financial hubs emerge as strong contenders in a global wealth migration wave
Read MoreSingPost fires CEO Vincent Phang, CFO Vincent Yik over handling of whistleblower’s report
SINGAPORE Post (SingPost) has terminated the employment of three of its senior management staff as they were found to be negligent in the handling of internal investigations over a whistleblower’s report that it received earlier this year. The employment of group chief executive Vincent Phang, group chief financial officer Vincent Yik, and the chief executive…
Read MoreHow Much Americans Spend on Pets
Ever wonder how much Americans really spend on their pets? It’s a lot, and it’s growing every year. With more people treating their pets like family, the expenses keep piling up. From food to vet bills, owning a pet is a big financial commitment. Let’s dive into the numbers and see where all that money…
Read MoreDigital assets expected to charge on in 2025 amid bullish sentiment, say industry players
IF THE last six weeks are anything to go by, the bullish sentiment on digital assets will likely charge on into the new year and last for a while, be it in prices of cryptocurrencies, adoption or innovation. Market players cite US president-elect Donald Trump’s election win as a key catalyst for the promising outlook…
Read MoreNasdaq affected by interest rate expectations
THE Nasdaq-100 Index was up 25.46 per cent as at Dec 19, despite a correction of 3.56 per cent on Dec 18. The US stock market has seen stellar performance in recent weeks leading up to the December Federal Reserve meeting. The overall uptrend momentum for the Nasdaq index remains intact. As expected, the Federal…
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