Posts by Yurie Miyazawa
Sip the Energy of Nature: Yerba Magic Expands Its Yerba Mate Range
There’s a reason so many morning routines start with a shaker bottle now. People want something quick that’s still healthy, which is where Yerba Magic steps in. Their peach mango blend brings a sunny fruit profile to classic yerba mate, landing somewhere between iced tea and light spritz. It tastes bright rather than sugary, and…
Read MoreBitcoin extends decline to US$104,782 as Trump escalates US-China trade war
[BENGALURU] Bitcoin, the world’s largest cryptocurrency by market value, extended declines on Friday (Oct 10) after US President Donald Trump escalated his trade conflict with China. Trump on Friday said he was raising tariffs on Chinese exports to the US to 100 per cent and imposing export controls on “any and all critical software” in…
Read MoreUS: Wall Street opens slightly higher as traders buy the dip ahead of sentiment data
[NEW YORK] Wall Street’s main indexes opened slightly higher on Friday, as investors sought to buy the dip following a brief pullback, while awaiting the consumer sentiment data for fresh clues on the economy. The Dow Jones Industrial Average rose 36.5 points, or 0.08 per cent, to 46,394.88 at the open. The S&P 500 rose…
Read MoreSingapore shares close lower in tandem with Wall Street retreat; STI slides 0.3%
Across the broader market in the city-state, decliners beat gainers 371 to 250 as 1.8 billion securities valued at S$1.4 billion are traded [SINGAPORE] Singapore shares closed lower on Friday (Oct 10), after three major Wall Street indexes retreated overnight. Blue-chip barometer Straits Times Index (STI) dipped 0.3 per cent or 13.44 points to 4,427.06,…
Read MoreTata Consultancy Services slashes 19,755 jobs in biggest workforce cut amid AI, US strains
[MUMBAI] Tata Consultancy Services (TCS) made its steepest-ever job cuts as strained ties with the US and a rapid shift towards artificial intelligence reshape the country’s US$280 billion IT services sector. India’s biggest private-sector employer cut 19,755 employees in the quarter ended Sep 30, according to the company’s quarterly earnings presentation. That number includes staff…
Read MoreSeatrium shares plunge 7.8% after US$475 million Maersk offshore Wind contract termination
Citi analyst Luis Hilado said the contract termination will likely have a negative near-term impact on its shares [SINGAPORE] Shares of Seatrium plunged as much as 7.8 per cent on Friday morning after it announced the termination of a US$475 million contract for nearly-complete wind turbine installation vessel. The counter dropped S$0.19 to S$2.25 as…
Read MoreUS dollar mixed as yen sell-off wanes, euro hit by French politics
[NEW YORK] THE US dollar was mixed on Thursday (Oct 9) as a sell-off in the Japanese yen appeared exhausted for now, while the euro was dented by political uncertainty. The yen reached its weakest level since mid-February against the greenback on concerns that Sanae Takaichi, the newly elected head of Japan’s ruling party, will…
Read MoreSurprise rate decisions in Asia signal growing economic unease
They underscore growing domestic economic and market uncertainties exacerbated by US tariffs [HONG KONG] Three central banks over two days surprised markets and economists with unexpected interest rate decisions, each flashing warning signs over growth in the coming months and stirring uncertainty over the path of policy. Reserve Bank of New Zealand (RBNZ) cut its…
Read MoreMatcha mania hits Singapore as retail prices soar
AS matcha’s popularity continues to skyrocket, the demand for this vibrant green tea is outpacing supply. This story takes a closer look…
Read MoreTop Singapore fund Lion Global wins with ‘forgotten’ small-caps
The company sees the small- and mid-cap strategy continuing to succeed over the longer term as well [SINGAPORE] Lion Global Investors’ strategy of investing in the shares of small and medium-sized Singaporean companies has made it one of the best performers in the city-state. The company likes construction and technology shares, some non-bank financial companies…
Read More