Posts by Yurie Miyazawa
Trump 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…
Read MoreDiversified S-Reits’ operating performance remains resilient amid market uncertainties
[SINGAPORE] Diversified real estate investment trusts (Reits) hold a mixture of assets across multiple sub-sectors such as industrial, retail, office and hospitality, offering investors the prospect of portfolio stability and flexibility. The larger diversified Reits in the Singapore market, or S-Reits, include Straits Times Index (STI) counters such as CapitaLand Integrated Commercial Trust (CICT), Mapletree…
Read MoreEurope: Shares tumble as Israel-Iran conflict escalates
EUROPEAN shares closed lower on Friday (Jun 13) as Israel’s wide-scale strike against Iran triggered a broad market selloff, with investors rushing to safe-haven assets amid an already uncertain trade environment. The pan-European Stoxx 600 index fell 0.9 per cent, briefly hitting its lowest level in three-weeks. The index also marked its fifth consecutive declining…
Read MoreOil settles up 7% as Israel, Iran trade air strikes
[HOUSTON] Oil prices jumped on Friday (Jun 13) and settled 7 per cent higher as Israel and Iran traded air strikes, feeding investor worries that the combat could widely disrupt oil exports from the Middle East. Brent crude futures settled at US$74.23 a barrel, up US$4.87, or 7 per cent, after earlier soaring over 13…
Read MoreThakral associate GemLife inks underwriting agreement for Australian IPO launching ‘very shortly’
The company holds an effective interest of 31.7 per cent in GemLife, a lifestyle resorts business in Australia [SINGAPORE] Mainboard-listed Thakral Corp’s associate GemLife has signed an underwriting agreement for its proposed initial public offering (IPO) on the Australian Securities Exchange (ASX). The proposed IPO is expected to launch “very shortly”, said Thakral in a…
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