Posts by Yurie Miyazawa
US 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…
Read MoreAsian exporters absorbing about 20% of US tariffs, passing on remaining costs: Nomura
[SINGAPORE] Asian exporters are absorbing about one-fifth of US tariffs and passing on the remaining costs, indicated Nomura’s Asia Economic Monthly report released on Friday (Sep 5). Advanced manufacturers such as Singapore have absorbed more than 20 per cent of tariff costs; other Asean nations absorbed none. China, Japan and South Korea have absorbed less…
Read MoreCiti expects global digital asset trades to hit US$2 trillion a day; DBS sees volume surge in H1
[SINGAPORE] In a white paper released this week, Citi projected that in five years, the world will see US$2 trillion of digital assets held or traded in a single day. The figure, which excludes equities, will mark a liquidity jump of about 20 to 30 times from today. Citi’s fifth edition of its Securities Services…
Read MoreAsia: Markets rally as Chinese stocks selloff eases
ASIAN markets mostly gained on Friday after an intense selloff of Chinese equities stalled this week, with rumours the country’s financial regulators could intervene to slow the dumping. Chinese stocks’ August rally, fuelled by surging shares in semiconductor firms, ground to a halt this week, with Cambricon Technologies crashing 14 per cent on Thursday, as…
Read MoreWhy China’s world-beating stock rally is making investors anxious
WHEN a quiet resurgence in Chinese equities developed into a world-beating rally, it took many seasoned market watchers by surprise. There’s little sign of a revival in spending by consumers and businesses that would dramatically inflate the earnings of Chinese companies. Instead, the boom appears to be driven by hedge funds and retail investors seeking…
Read MoreMalaysia warns TikTok against cyberbullying, deepfake posts
[KUALA LUMPUR] Malaysia warned TikTok on Thursday (Sep 4) to crack down on age restrictions for users in the South-east Asian nation to stop cyberbullying, saying the social media platform could face penalties for non-compliance. Communications Minister Fahmi Fadzil said there had been an upswell of cyberbullying incidents, as well as a recent raft of…
Read MoreCNMC shares strike gold as yellow metal surges again; pure gold play on SGX hits S$0.765 new high
This comes on the back of gold prices’ steady rise in recent times, following a season of market volatility [SINGAPORE] Shares of CNMC Goldmine surged over 12 per cent on Wednesday (Sep 3) – continuing gains since the release of its outstanding H1 results in mid-August as the company rides rising gold prices. As at…
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