Posts by Yurie Miyazawa
Canada 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,…
Read MoreHit the gas – stocks’ dashboard is working again
HAVE you ever noticed your ability to tune out background noise? So much, you don’t even hear when it stops? Investors do this now with a key global economic indicator: the “yield curve” … which is silently re-steepening. You can profit. The “yield curve” has over a century-long history as a great leading economic gauge.…
Read MoreMeta seeks US$29 billion from private capital firms for AI data centres, FT reports
[BENGALURU] Meta Platforms is seeking to raise US$29 billion from private capital firms to build artificial intelligence (AI) data centres in the US, the Financial Times reported on Friday (Jun 27). The Facebook-parent advanced discussions with private credit investors including Apollo Global Management, KKR, Brookfield, Carlyle and Pimco, the report said, citing people familiar with…
Read MoreEurope: Stocks rise as US-China trade tensions ease; auto stocks jump
[BENGALURU] European stocks closed at an over one-week high on Friday (Jun 27), fuelled by a rally in automakers, as investors took more risks on hopes for a truce in the US-China trade spat. The pan-European Stoxx 600 index closed 1.1 per cent higher, snapping a two-week losing streak and posting its first weekly gain…
Read MoreSygnum is sole new unicorn from South-east Asia in H1 2025: report
[SINGAPORE] Digital asset group Sygnum has emerged as the sole new unicorn from South-east Asia in the first half of 2025, data platform Tracxn said in a report released on Thursday (Jun 26). The Singapore-based firm attained unicorn status in January 2025, after three rounds of funding and a total of eight investors before its…
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