Posts by Yurie Miyazawa
Chinese money fires up Hong Kong shares
[SHANGHAI/HONG KONG] Chinese investors are piling into Hong Kong shares lured by lower valuations and the city’s strategic position in China’s growing rivalry with the United States. A record US$90 billion of cash from the mainland has driven a stellar 21 per cent rally in Hong Kong stocks in the first half of 2025, reshaping…
Read MoreThree senior Mizuho FX/rates traders exit in Singapore, London
Published Tue, Jul 1, 2025 · 11:44 AM [SINGAPORE] Three senior executives have left Mizuho Financial Group’s foreign-exchange and rates trading teams in Singapore and London, according to sources familiar with the matter. Those who have departed include Robert Reilly, head of trading for rates and foreign exchange Asia ex-Japan, and Alexandre Manakyan, head of…
Read MoreZuckerberg debuts Meta ‘superintelligence’ group, more hires
[SAN FRANCISCO] Meta Platforms chief executive officer Mark Zuckerberg announced a major restructuring of the company’s artificial intelligence (AI) group, including a commitment to developing AI “superintelligence”, or systems that can complete tasks as well as or even better than humans. Zuckerberg wrote on Monday (Jun 30) to employees that Meta’s AI efforts will fall…
Read MoreEurope: Shares see monthly declines as markets eye trade developments
EUROPEAN stocks ended lower in broad-based declines on Monday, closing out June with monthly losses as investors monitored for signs of any progress on US trade talks as the July tariff deadline loomed large. The pan-European Stoxx 600 index closed 0.42 per cent lower at 541.37, clocking a more than 1 per cent decline for the…
Read MoreUS: S&P 500, Nasdaq end at records, adding to big quarterly gains
[NEW YORK] Wall Street stocks rose again on Monday amid optimism over trade negotiations and US tax cut legislation to conclude the final session of the second quarter at fresh records. The S&P 500 finished at 6,204.95, up 0.5 per cent for the day and about 10.6 per cent for the quarter. The tech-rich Nasdaq Composite Index…
Read MoreCreative Technology CEO Freddy Sim to step down for health reasons; Tan Jok Tin will serve as interim CEO
[SINGAPORE] The chief executive officer of , Freddy Sim, will step down from his role on Jul 11 for health reasons, shortly after taking on the top job in May. The board will look for a new CEO, Creative said in a bourse filing on Monday (Jun 30). During the transition, Creative’s executive chairman Tan…
Read MoreING to cut 230 jobs as it has ‘too many’ managing directors
Published Mon, Jun 30, 2025 · 06:23 PM [AMSTERDAM] ING Groep announced a round of cuts focused on senior staff saying there are just too many of them. The Dutch lender plans to eliminate 230 roles across its wholesale banking division, according to a statement on Monday (Jun 30). The cuts “will be focused on…
Read MoreJapan’s Nikkei ends at over 11-month high as US stocks rally boosts risk appetite
[TOKYO] Japan’s Nikkei share average closed at a more than 11-month high on Monday (Jun 30) as investor risk appetite grew after a strong rally in US equities, driven by hopes for trade talks and Federal Reserve’s rate cuts. The Nikkei rose 0.84 per cent to close at 40,487.39, its highest closing level since July…
Read MoreSingaporeans big buyers of Quayside JBCC amid Johor’s RTS boom
[KUALA LUMPUR] Singaporean buyers have taken up the lion’s share of all 482 serviced apartments at Quayside JBCC – a new mixed-use project in Johor Bahru – as cross-border demand rises ahead of the 2026 Johor Bahru-Singapore Rapid Transit System (RTS) Link and the buzz of a potential real estate investment trust (Reit) listing. “The…
Read MoreSingaporeans take big bites of Quayside JBCC amid Johor’s RTS boom
[KUALA LUMPUR] Singaporean buyers have taken up the lion’s share of all 482 serviced apartments at Quayside JBCC – a new mixed-use project in Johor Bahru – as cross-border demand rises ahead of the 2026 Johor Bahru-Singapore Rapid Transit System (RTS) Link and the buzz of a potential real estate investment trust (Reit) listing. “The…
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