Posts by Yurie Miyazawa
China scion’s fight with half-siblings sends succession warning
[HONG KONG] For decades, Kelly Zong had been known as the only child to her late billionaire father, the founder of beverage empire Hangzhou Wahaha Group. His effort to groom her as a successor was hailed as a model for Chinese entrepreneurs during the one-child policy era. But Kelly is now grappling with two overlapping…
Read MoreGold prices rise to over one-month high on softer US dollar, bond yields
[BENGALURU] Gold prices climbed on Tuesday (Jul 22) to their highest point in more than a month, supported by a weaker US dollar and lower Treasury yields, as investors looked for progress in trade talks ahead of an Aug 1 deadline. Spot gold was steady at US$3,390.73 per ounce, as at 0112 GMT, after hitting…
Read MoreUniversal Music Group files confidentially for US listing
Published Tue, Jul 22, 2025 · 08:09 AM [NEW YORK] Universal Music Group has filed confidentially for a US listing, which would fulfil the terms of a deal with billionaire Bill Ackman’s hedge fund Pershing Square. The Amsterdam-listed firm submitted documents to the US Securities & Exchange Commission relating to a proposed offering by certain…
Read MoreMichael Saylor’s Strategy owns 3% of Bitcoin in circulation after latest purchase
The cryptocurrency has risen about 1,100% during the same period, while S&P 500 has increased around 120% Published Tue, Jul 22, 2025 · 07:12 AM [NEW YORK] Michael Saylor’s Strategy now owns more than 3 per cent of all the Bitcoin ever minted following the crypto treasury company’s latest purchase of the original cryptocurrency. The…
Read MorePersonal Injury Cases with Corresponding Criminal Cases
Personal injury cases can sometimes overlap with criminal cases when the incident involves alleged illegal behavior, such as assault or DUI. The key point is that personal injury claims focus on compensation for harm, while criminal cases address punishment and public safety. These two legal paths operate independently but can influence each other. Evidence or…
Read MoreAberdeen extends Clint deemed interest to 6%
OVER the five trading sessions from Jul 11 to 17, institutions were net buyers of Singapore stocks, with net institutional inflow of S$113 million adding to the S$94 million net inflow for the preceding five sessions. This further reduces the net institutional outflow for the 2025 year through to Jul 17 to S$1.65 billion. Institutional…
Read MoreUltra-rare metal rides AI boom as star performer among commodities
[SINGAPORE] Thanks to the boom in artificial intelligence (AI), an ultra-rare element that you’ve probably never heard of is one of this year’s best-performing raw materials. Ruthenium, a silvery grey mineral, has eclipsed the headline-grabbing rallies in other commodities such as gold and silver by nearly doubling in price over the past year to US$800…
Read MoreCathay cinema survived a world war, but there may not be a sequel for the icon
[SINGAPORE] Cathay cinema could face its final curtain call after 85 years, as streaming and shifting consumer patterns deal a fatal blow to theatres around the world. mm2 Asia – which bought the cinema chain in 2017 – on Thursday (Jul 17) said that Cathay Cineplexes’ closure is one of several options being explored, in…
Read MoreBHP delays Jansen potash project as costs surge; logs record copper output
[BENGALURU] BHP Group flagged delays and cost overruns of about 30 per cent for its key Jansen Stage 1 potash project on Friday (Jul 18), even as the miner reported record annual copper production above two million metric tonnes (Mt) and warned of a decline next year. The cost blowouts that could be up to…
Read MoreSeven & i risks becoming buyout target again if turnaround fails
[TOKYO] Even after fending off Alimentation Couche-Tard’s unsolicited 6.77 trillion yen (S$58.5 billion) takeover approach, Seven & i Holdings remains a buyout target in the eyes of some investors, who say new suitors may emerge unless the operator of 7-Eleven convenience stores turns around its business. “If the stock price drops significantly, there might be…
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