Posts by Yurie Miyazawa
ING 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…
Read MoreCanada rescinds tax hitting US tech firms: government
Published Mon, Jun 30, 2025 · 11:27 AM [OTTAWA] Canada is rescinding taxes impacting US tech firms that had prompted Donald Trump to call off trade talks in retaliation, Ottawa said on Sunday, adding that negotiations with the US president would resume. Canadian Finance Minister Francois-Philippe Champagne “announced today that Canada would rescind the Digital…
Read MoreGold falls to one-month low as trade optimism spurs risk appetite
[BENGALURU] Gold prices fell to their lowest in more than a month on Monday (Jun 30) as easing trade tensions between the US and China dampened safe-haven demand and prompted investors to pivot towards riskier assets. Spot gold was down 0.3 per cent at US$3,264.64 per ounce, as at 0055 GMT, after hitting its lowest…
Read MoreChina’s Zijin Mining to acquire Kazakh gold mine in US$1.2 billion deal
Published Mon, Jun 30, 2025 · 09:11 AM CHINA’S biggest gold and copper producer Zijin Mining said on Monday it had agreed to buy one of the largest gold mines of Kazakhstan, the Raygorodok Gold Mine, for US$1.2 billion. Zijin said its unit Zijin Gold International and Jinha Mining, a subsidiary of Zijin Gold, had…
Read MoreFrom Changi T5 to MBS expansion, Koh Brothers Group rides on Singapore’s infrastructural upgrades
[SINGAPORE] Construction and property group Koh Brothers is set to usher in a new era of growth, as Singapore embarks on large-scale infrastructure upgrades over the next few years. “We were there with Singapore in its earlier phases of nation-building – and now we’re going through nation-building 2.0,” said group chief executive officer and executive…
Read MoreTrump says there’s a buyer for TikTok but won’t divulge name
Published Mon, Jun 30, 2025 · 06:14 AM [WASHINGTON] US President Donald Trump said he has identified a buyer for the US operations of the TikTok social media app owned by Chinese company ByteDance, but he will not provide details for two weeks. “We have a buyer for TikTok, by the way. I think I…
Read MoreSingapore’s snares its largest Reit IPO in a decade while HK looks to another bumper year driven by China companies
[SINGAPORE] The past week has seen good news for the Singapore Exchange (SGX), with NTT filing to list a Reit – likely to Singapore’s largest in a decade – and software company Info-Tech Systems debuting this week the first mainboard listing in two years. While SGX’s initial public offering (IPO) fortunes may be looking up,…
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