Posts by Yurie Miyazawa
Competition watchdog seeks public’s views on TPG’s proposed privatisation of Econ Healthcare
The Competition and Consumer Commission of Singapore is inviting feedback from Monday to Sep 19, 5 pm [SINGAPORE] The country’s competition watchdog is seeking public feedback on the proposed acquisition of nursing home operator Econ Healthcare Asia via a public consultation that starts on Monday (Sep 8). The Competition and Consumer Commission of Singapore (CCCS)…
Read MoreOpec+ casts shadow on Singapore’s glitzy oil bash as surplus looms
AN EXPECTED move by the world’s top oil-producing nations to once again increase output will set the tone for Asia’s biggest gathering of oil executives this week in Singapore, with chatter about looming oversupply certain to dominate conversations. Opec+ (the Organization of the Petroleum Exporting Countries and their allies) shocked the market earlier this year…
Read MoreNasdaq 100 gains as weak labour data fuels rate-cut bets
THE Nasdaq 100 rose on Thursday (Sep 4), closing 218.17 points, or 0.93 per cent higher, at 23,633.01, as investors digested weaker-than-expected labour market data ahead of Friday’s closely watched nonfarm payrolls (NFP) report. Private-sector job growth slowed to 54,000 in August, missing forecasts of 65,000, while weekly jobless claims hit their highest level since…
Read MoreBank of America sees two US Fed rate cuts this year vs none before
[NEW YORK] Economists at Bank of America forecast two US Federal Reserve interest-rate cuts this year, in September and December, based on weak August employment data, scrapping what had become an outlier call for no action until next year. “There is now clearer evidence of deterioration in labour demand, not just supply,” Aditya Bhave said…
Read MoreChina joins big oil in opposition to Trump’s biofuel proposal
[NEW YORK] US oil refiners have found an unlikely ally in their opposition to US President Donald Trump’s proposed changes to biofuel policy: China. A plan to slash incentives for renewable diesel produced from imported feedstocks will disrupt trade, harm US fuelmakers and undermine efforts to slash carbon emissions, a Chinese government agency said in…
Read MoreUS SEC launches task force on securities fraud by foreign companies
[WASHINGTON] The US Securities and Exchange Commission (SEC) is setting up a new unit to focus on securities fraud by foreign companies, one of the first signals of the regulator’s enforcement priorities under the Trump administration. The new group, called the cross-border task force, will investigate companies from “foreign jurisdictions, such as China, where governmental…
Read MoreUS Fed rate-cut expectations climb following weak job market report
[NEW YORK] Disappointing employment data released on Friday (Sep 5) validated fears that the US labour market may be on the brink of a downturn and lifted expectations for how much the US Federal Reserve will lower interest rates this year. Investors are now fully pricing in a quarter-point rate cut at the Fed’s Sep…
Read MoreTesla offers unprecedented US$1 trillion pay package to Musk
[WASHINGTON] Tesla proposed a new compensation agreement for chief executive officer Elon Musk potentially worth around US$1 trillion, a massive package without precedent in corporate America. The long-awaited proposal, designed to incentivise Musk to lead Tesla for years to come, sets a series of ambitious benchmarks he must meet to earn the full payout, including…
Read MoreTesla offers unprecedented US$1 trillion pay package to Elon Musk
The additional shares Musk could receive would push his stake in the EV maker to at least 25% Published Fri, Sep 5, 2025 · 07:05 PM [AUSTIN, Texas] Tesla proposed a new compensation agreement for chief executive officer Elon Musk potentially valued at about US$1 trillion, a massive package without precedent in corporate America. The…
Read MoreByteDance chip design staff suddenly find out they report to Singapore unit: sources
[SINGAPORE / BEIJING] Chip design workers at Chinese tech giant ByteDance, many based in Beijing or Shanghai, unexpectedly found out last week that they are part of a Singapore unit, three people familiar with the matter said. The employees made the discovery when they were moved into a new group on the company’s internal messaging…
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