Posts by Yurie Miyazawa
Toyota Industries board to discuss US$42 billion buyout on Tuesday
[TOKYO] Toyota Industries said its board will evaluate a buyout proposal on Tuesday (Jun 3) that will take the company private, a move that will strengthen the founding family’s grip over Japan’s biggest business empire. A group led by Toyota Motor chairman Akio Toyoda is seeking to acquire the subsidiary for six trillion yen (S$42…
Read MoreToyota to take key supplier private in US$33 billion deal
[TOKYO] Toyota Motor will take forklift-maker Toyota Industries private in a US$33 billion deal, the companies said on Tuesday (Jun 3), a landmark unwinding of cross-shareholding that is likely to strengthen the influence of the group’s founding Toyoda family. Going private will allow Toyota Industries to take a longer-term business perspective, the companies said. Japanese…
Read MoreUS aluminium and steel prices surge as Trump doubles tariffs
[LONDON] Futures tracking aluminium and steel prices in the US surged after President Donald Trump said he will double tariffs on the metals this week. Contracts linked to the prices that manufacturers pay to get aluminium delivered to the US Midwest jumped 54 per cent to the highest since 2013 on the Comex exchange in…
Read MoreOil gains on supply concerns as wildfires disrupt Canada supply, Opec+ keeps output plans unchanged
[NEW YORK] Oil prices climbed nearly 3 per cent on Monday on supply concerns as producer group Opec+ decided not to accelerate plans to hike output and wildfires in Canada’s oil-producing province disrupted production. Brent crude futures settled US$1.85, or 2.95 per cent, higher at US$64.63 a barrel. US West Texas Intermediate crude gained US$1.73, or 2.85 per…
Read MoreUS: Stocks end higher as traders shake off trade tensions
Published Tue, Jun 3, 2025 · 06:13 AM [WASHINGTON] US stocks shook off a gloomy start to the week to close higher on Monday, with traders looking through the new trade uncertainty fueled by President Donald Trump’s recent tariff threats. On Friday, Trump unleashed a new fear into the financial markets, threatening to double steel tariffs from…
Read MoreHow Ink Cartridges Affect Your Print Quality
As a young entrepreneur, you know that the quality of your prints directly impacts how professional your business appears. Whether you’re printing quotes, marketing materials, or internal documents, the right ink cartridges can make the difference between a sloppy and an impressive presentation. Let’s explore how ink cartridges affect your print quality and what you…
Read MoreCybersecurity firm Goldilock invests S$1.2 million, opens regional HQ in Singapore
It will hire five engineers here within the first 18 months of opening, and about 20 people over the coming three years [SINGAPORE] Cybersecurity company Goldilock has announced the opening of its first office in Singapore and Asia-Pacific headquarters on Monday (Jun 2), as part of a S$2 million investment. It invested S$1.2 million to…
Read MoreAzeus Systems shares surge 16.6% as earnings, dividends double
[SINGAPORE] Shares of Azeus Systems jumped as much as 16.6 per cent on Monday (Jun 2), after the company reported a surge in net profits. The counter hit a high of S$14.52 at 10.59am, up S$2.07 from its closing price of S$12.45 on May 30. As at 3.20 pm, the counter had eased…
Read MoreBank of Korea’s Rhee says US-China trade talks important for Asia
[SEOUL] Bank of Korea (BOK) governor Rhee Chang-yong said the outcome of trade negotiations between the US and China will have an impact on all of Asia’s economies, highlighting their significance beyond the bilateral level. “When we actually measure the impact of US tariffs on us, the indirect impact through China is very important because…
Read MoreFederal Reserve still open to cutting interest rates later this year, says governor
[NEW YORK] US Federal Reserve governor Christopher Waller said on Monday (Jun 2) that interest rate cuts remain possible later this year even with the Trump administration’s tariffs likely to push up price pressures temporarily. Given that a rise in inflation pressures tied to US President Donald Trump’s import tax increases is unlikely to be…
Read More