Posts by Yurie Miyazawa
Asian 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…
Read MoreWhisky maker Suntory’s CEO resigns after possible purchase of illegal supplements
[TOKYO] Suntory Holdings CEO Takeshi Niinami, one of Japan’s best-known business leaders, has resigned from the beverage group following a police investigation into his purchase of a supplement that may have breached the country’s strict drug laws. Niinami, who has served as an adviser to several Japanese prime ministers and was often the face of…
Read MoreWhy Authentic Relationships Matter More Than Ever
In a world where we’re constantly bombarded with filtered images and carefully curated social media posts, authenticity has become a rare commodity. I’ve spent years building businesses and brands, and one thing has become increasingly clear to me: genuine connections are irreplaceable. When I observe interactions between couples like the brief exchange I witnessed recently,…
Read MoreGoldman’s US$500 million Texas expansion takes shape in Dallas
[DALLAS] Goldman Sachs’ US$500 million bet on Texas is poised to put a stamp on the Dallas skyline. The storied investment bank’s new office complex is ascending out of the ground at a noisy construction site between the American Airlines Center and the Perot Museum in uptown Dallas. By the end of next year,…
Read MoreApple explores using Google Gemini AI to power revamped Siri
[LOS ANGELES] Apple is in early discussions about using Google Gemini to power a revamped version of the Siri voice assistant, marking a key potential step towards outsourcing more of its artificial intelligence (AI) technology. The iPhone maker recently approached Alphabet’s Google to explore building a custom AI model that would serve as the foundation…
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