Posts by Yurie Miyazawa
Stocks to watch: SIA, Q&M Dental Group, Cordlife
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Jun 17): Singapore Airlines (SIA): The national carrier and its low-cost arm Scoot reported a 3.1 per cent year-on-year increase in passenger traffic in May, which eased from the previous month’s growth, according to its operating results on Monday. This…
Read MoreSoftBank sells T-Mobile stake for US$4.8 billion to bet on AI
The Tokyo-based technology group sold 21.5 million T-Mobile shares for US$224 each Published Tue, Jun 17, 2025 · 07:20 AM — Updated Tue, Jun 17, 2025 · 05:06 PM [NEW YORK] SoftBank Group raised around US$4.8 billion through a sale of T-Mobile US shares, a move that helps fund the Japanese company’s grandiose plans for…
Read MoreOpenAI executives have discussed accusing Microsoft of anticompetitive behavior: WSJ
EXECUTIVES at OpenAI have discussed accusing the company’s major backer, Microsoft, of anticompetitive behaviour during their partnership, the Wall Street Journal reported on Monday, citing people familiar with the matter. OpenAI’s effort could involve seeking a federal regulatory review of the terms of its contract with Microsoft for potential violations of antitrust law, as well…
Read MoreUS: Stocks gain as Middle East clash seen as contained so far
[NEW YORK] Wall Street stocks rose on Monday on hopes the Israel-Iran conflict will not spiral further, as markets began to look ahead to a Federal Reserve decision later in the week. Iran’s state broadcaster was briefly knocked off air by an Israeli strike after a barrage of Iranian missiles killed 11 people in Israel on the…
Read MoreTrump Organization unveils self-branded mobile phone network
The new mobile venture would have call centres based in the US and phones made in America Published Mon, Jun 16, 2025 · 08:36 PM [NEW YORK] Trump Organization launched a self-branded mobile network on Monday (Jun 16), dubbed Trump Mobile, signalling a new effort to court conservative consumers with a wireless service positioned as…
Read MoreLeonard Lauder, billionaire scion of cosmetics empire, dies at 92
[WASHINGTON] Leonard Lauder, who built Estee Lauder into one of the world’s biggest cosmetics makers and catapulted himself into the top echelon of wealthiest New Yorkers, has died. He was 92. Lauder died on Saturday (Jun 14) surrounded by family, according to a statement by Estee Lauder. In almost 40 years running the New York-based…
Read MoreStocks to watch: Suntec Reit, ESR Reit, Sabana Industrial Reit, Acrophyte Hospitality Trust, Fu Yu
[SINGAPORE] THE following companies saw new developments that may affect trading of their securities on Monday (Jun 16): Suntec Reit; ESR Reit; Sabana Industrial Reit; Acrophyte Hospitality Trust: ESR Group, which is the sponsor of Suntec Reit, ESR Logos Reit, Sabana Industrial Reit and Acrophyte Hospitality Trust, is expected to delist from the Hong Kong…
Read MoreRussell 2000 looks set for a catch-up with large-cap indices
The Russell 2000 is a stock market index widely recognised as the leading benchmark for small-cap stocks in the US market. The small-cap index has faced a challenging year thus far, underperforming its peers such as the Dow Jones Industrial Average, S&P 500, and Nasdaq indices. At the time of writing on Jun 12, the…
Read MoreAirbus is studying simple A220 stretch to revive flagging model
[LONDON] Airbus has been sounding out customers appetite for a longer version of its A220-300 jet that would give airlines more seating capacity but at the expense of range. With the Paris Air Show kicking off on Monday (Jun 16), the plane that’s been dubbed the A220-500 is again back in focus. Airbus is hoping…
Read MoreChina’s biotech moment ignites a 60% stock rally that beats AI
China’s biotechnology stocks have shaken off a four-year slump to be among the hottest performers in Asia this year and funds are tipping further gains. The Hang Seng Biotech Index has surged more than 60 per cent since the start of January amid investor enthusiasm over a pair of billion-dollar deals involving foreign firms licensing…
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