Posts by Yurie Miyazawa
China stocks soar on AI, trade hopes. Who are the country’s ‘Terrific Ten’ firms?
[SINGAPORE] Chinese stocks have see-sawed since late last year, as investors reacted to factors ranging from government stimulus, artificial intelligence (AI) and US President Donald Trump’s trade tariffs. The Asian giant’s companies had experienced a lengthy bear market in the past few years, with investors flocking to US markets. Last October, Hong Kong’s Hang Seng…
Read MoreChina stocks soar on AI, trade hopes. Which are the country’s ‘Terrific Ten’ firms?
[SINGAPORE] Chinese stocks have see-sawed since late last year, as investors reacted to factors ranging from government stimulus, artificial intelligence (AI) and US President Donald Trump’s trade tariffs. The Asian giant’s companies had experienced a lengthy bear market in the past few years, with investors flocking to US markets. Last October, Hong Kong’s Hang Seng…
Read MoreApac’s data centre boom threatens to strain power grids, reliability at risk: report
[SINGAPORE] Asia Pacific’s (Apac) soaring demand for data centres and other energy-intensive sectors is starting to weigh on power systems across the region, affecting grid reliability and increasing costs for some. According to a report released on Thursday (Jun 11) by construction consultancy Linesight, the demand for reliable electricity has become a critical challenge…
Read MoreCapitaLand China Trust to divest retail property for 748 million yuan
[SINGAPORE] CapitaLand China Trust (CLCT), a CapitaLand Investment subsidiary, is set to raise up to 748 million yuan (S$134.9 million) through the divestment of CapitaMall Yuhuating, a mature retail asset in Changsha. This is part of its participation in the proposed listing of CapitaLand Commercial C-Reit (CLCR) on the Shanghai Stock Exchange. CLCT will dispose…
Read MoreUS Treasury chief does not see himself replacing Fed chair
Published Thu, Jun 12, 2025 · 06:56 AM [WASHINGTON] US Treasury Secretary Scott Bessent said on Wednesday that he wishes to remain in his current position, after a report emerged that he is a contender to succeed the Federal Reserve chair. Asked which role he would prefer, Bessent told the House Ways and Means Committee…
Read MoreWhy Hawkfest Will Be the Must-Attend Event This Year
I’m thrilled to announce that Hawkfest is happening, and it’s going to be absolutely incredible. Unlike some other highly anticipated events that failed to deliver (looking at you, Fyre Festival), we’re creating an experience that will actually take place as promised — and exceed your expectations. When planning Hawkfest, my team and I committed to…
Read More‘Ridiculous and frustrating’: Jetstar Asia staff blindsided by abrupt layoff notice
[SINGAPORE] Jetstar Asia employees were only informed of their retrenchment at 7 am on Wednesday (Jun 11) – the same morning the public announcement went out. “It was unexpected – all my managers were also in shock, and they didn’t see it coming,” said a cabin crew member, who declined to be named. “Dropping the…
Read MoreRecord 3.5 million Switch 2 consoles sold in first four days, says Nintendo
[TOKYO] The Switch 2 has smashed records to become the fastest-selling console ever after gamers snapped up 3.5 million units in its first four days, Nintendo said on Wednesday (Jun 11). Featuring a bigger screen and more processing power, the console is an upgrade to the original Switch – the third best-selling console of all…
Read MoreStocks to watch: Keppel Infrastructure Trust, Raffles Medical, Amara, Koh Brothers Eco Engineering, SIA
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Jun 11): Keppel Infrastructure Trust (KIT): Its manager is divesting a 24.6 per cent stake in Australian bus service business Ventura Motors for A$130 million (S$109 million). As part of the trust’s value creation strategy, the sale will bolster…
Read MoreOil demand growth to continue, no peak in sight, Opec Secretary General says
[CALGARY] Oil demand growth will remain robust over the next two and a half decades as the world population grows, Opec Secretary General Haitham Al Ghais said on Tuesday. The organization expects a 24 per cent increase in the world’s energy needs between now and 2050, with oil demand surpassing 120 million barrels per day over that time period.…
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