Posts by Yurie Miyazawa
Singapore’s climate strategy stands firm amid global setbacks on emissions
[SINGAPORE] As major economies scale back climate commitments and global momentum stalls, Singapore stands out for its steadfast approach to climate action. Recent policy reversals in countries like the United States – where significant climate safeguards for air, water, wildlife, and toxic chemicals have been discontinued – have cast doubt on the world’s collective resolve.…
Read MoreSingapore stocks close Wednesday higher amid regional gains; STI up 0.2%
Speculations over a Trump-Xi call to ease trade tensions sometime this week add to the upbeat mood [SINGAPORE] Local stocks ended higher on Wednesday (Jun 4), mirroring regional gains after resilient US employment data bolstered investor sentiment. Speculations over a call between US President Donald Trump and China President Xi Jinping sometime this week to…
Read MoreParagon Reit to delist from SGX on June 6
Minority unitholders have received their scheme consideration payments on Jun 4, 2025 [SINGAPORE] Paragon Reit will delist from the Singapore Exchange with effect from 9 am on Jun 6, 2025, the manager said on Wednesday (Jun 4). This comes as Times Properties – the offeror that proposed privatising the Reit for S$0.98 apiece in February…
Read MoreMaybank cuts view on Malaysian banking sector to ‘neutral’ as tariffs, slower GDP weigh on earnings
[SINGAPORE] Maybank Investment Bank has downgraded its rating for the Malaysian banking sector to “neutral”, from “positive” previously, due to slower gross domestic product growth, subdued earnings prospects, and macroeconomic uncertainty. Despite the downgrade, the bank’s analyst, Desmond Ch’ng, said in a note on Tuesday (Jun 3) that Maybank still recommended “buy” calls for Public…
Read MoreAustralian dollar out of gas as economy sputters
[SYDNEY] The Australian and New Zealand dollars barely budged on Wednesday as domestic economic data again disappointed, adding to market wagers that interest rates will have to be cut again and perhaps soon. Figures showed Australia’s economy grew just 0.2 per cent in the first quarter, missing forecasts of 0.4 per cent and well below…
Read MoreVirgin Australia seeks to raise US$442.8 million in IPO, term sheet shows
Published Wed, Jun 4, 2025 · 10:24 AM BAIN Capital-owned Virgin Australia is looking to raise A$685 million (S$442.7 million) in an initial public offering, according to a term sheet seen by Reuters on Wednesday. The company has set the offer price at A$2.90 per share and the offer size reflects 30 per cent of Virgin’s…
Read MoreJapfa to delist from SGX on Jun 6
The agri-food company said privatisation would provide the offerors and management with greater flexibility to manage and grow the existing business [SINGAPORE] The agri-food company Japfa will be delisted from the official list of the Singapore Exchange (SGX) with effect from Friday, Jun 6, 2025, 9 am. This is earlier than the previous expected delisting…
Read MoreTop scientist wants to prevent AI from going rogue
[NEW YORK] Concerned about the rapid spread of generative AI, a pioneer researcher is developing software to keep tabs on a technology that is increasingly taking over human tasks. Canadian computer science professor Yoshua Bengio is considered one of the godfathers of the artificial intelligence revolution and on Tuesday announced the launch of LawZero, a…
Read MoreUS efforts to boost crop sales to Asia bear fruit in Vietnam
[SINGAPORE] US efforts to increase exports of agricultural products to Asia, excluding China, look to be bearing fruit, with Vietnam pledging to buy more American goods to strengthen trade ties with Washington. Hanoi is expected to sign deals with Washington to purchase more than US$2 billion worth of agricultural, forestry and fishery products, according to…
Read MoreUS farm sentiment at four-year high as Trump seeks trade deals
[CHICAGO] American farmer sentiment jumped to a four-year high, with growers betting on rising crop exports as the Trump administration pushes for more trade deals from Vietnam to Italy. Agriculture Secretary Brook Rollins said during a visit to Rome on Tuesday (Jun 3) that she is working to get Europe to buy more US products…
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