Posts by Yurie Miyazawa
Apac family offices responded most vigorously to tariff turmoil globally: report
[SINGAPORE] Family offices in the Asia-Pacific region responded more vigorously to tariff turmoils than their counterparts elsewhere, a report has found. In the market turmoil following the US’ tariff announcement in April, Apac families led the way in allocating to perceived defensive asset classes, geographies and sectors, said Citi in its 2025 Global Family Office…
Read MoreIndonesia weighs new central bank mandate; rupiah weakens
INDONESIAN lawmakers are weighing changes at the central bank that include a broader mandate and a lower bar for removing senior officials, heightening investor concerns about the monetary authority’s independence. The move sparked a slump in bonds and the rupiah and comes just days after the government revamped a “burden-sharing” arrangement with the central bank…
Read MoreAustralia says social media ban will not age test all users
AUSTRALIA will not require social media giants to verify the ages of all users under its ban on under-16s using the platforms, Canberra said on Tuesday. But platforms like Facebook, Snapchat, TikTok and YouTube are expected to take “reasonable steps” to stop children from accessing the apps, it said. Australia has been a leader in…
Read MoreUS looks to boost strategic uranium reserve for nuclear power
[NEW YORK] The Trump administration’s top energy official said that the US should look to boost its strategic uranium reserve to buffer against Russian supplies and increase confidence in the long-term prospects of nuclear power generation. US Energy Secretary Chris Wright comments underscore the Trump administration’s plans to promote nuclear energy as the demand for…
Read MoreAlphabet hits US$3 trillion in market capitalisation for first time
Class A shares of the company were up 4.6% at US$251.88, while Class C shares climbed 4.5% to US$252.3 [NEW YORK] Google-parent Alphabet hit a market capitalisation of US$3 trillion for the first time on Monday, riding on renewed optimism around artificial intelligence and a favourable antitrust ruling. Class A shares of the company were…
Read MoreStanChart Singapore’s H1 profit climbs 12.4% to nearly S$1 billion
The rise in earnings comes amid a boost in fee and commission income, as well as forex income [SINGAPORE] Standard Chartered (StanChart) Singapore’s net profit climbed 12.4 per cent year on year to S$961 million for the first six months of 2025, from S$854 million for H1 2024. Fee and commission income fuelled the improved…
Read MoreAsia: Markets fluctuate ahead of expected US rate cut
ASIAN markets were mixed on Monday as traders geared up for an expected interest rate cut by the Federal Reserve this week. Equities have enjoyed a strong run-up over recent weeks as a string of data on jobs and inflation provided the US central bank with enough leeway to resume its rate reductions. Wednesday’s policy…
Read MorePolitics drive investment divide in South-east Asia’s top markets
POLITICAL upheaval is driving a split in South-east Asia’s financial landscape, as investors bet that the worst may finally be over in Thailand but only just getting started in Indonesia. Foreign investors have pulled US$653 million from Indonesia’s stock market this month, the worst period of selling since April as violent protests and the abrupt…
Read MoreBlockchain billionaire emerges from Figure’s post-IPO surge
[NEW YORK] It took him a few tries, but Mike Cagney is now a billionaire. Shares of blockchain-based lender Figure Technology Solutions have soared almost 40 per cent since Thursday’s (Sep 11) initial public offering (IPO), making him the latest in a recent surge of newly minted crypto-related billionaires. Cagney’s ambitions for the New York-based…
Read MoreIndia tweaks IPO rules to allow easier listing for big firms
[MUMBAI] India’s securities market regulator on Friday (Sep 12) made it easier for very large private companies to go public in one of the world’s top destinations for first-time share sales this year. Companies with market capitalisation of more than five trillion rupees (S$72.9 billion) can now make an initial public offering (IPO) of as…
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