Posts by Yurie Miyazawa
AstraZeneca strikes deal for up to US$18.5 billion to license weight-loss drugs from China’s CSPC
The deal builds on existing collaboration between the companies in areas such as artificial intelligence Published Fri, Jan 30, 2026 · 08:50 PM [SHANGHAI] AstraZeneca will license experimental drugs for obesity and weight-related conditions from CSPC Pharmaceutical Group and collaborate on other projects, paying US$1.2 billion upfront and up to US$17.3 billion more if milestones…
Read MoreSTI tracks overnight Wall Street declines as it slides 0.5%
Across the broader market, decliners beat gainers 365 to 228, with 1.6 billion securities worth about S$2.1 billion changing hands [SINGAPORE] Singapore’s Straits Times Index (STI) dropped on Friday (Jan 30) after major US indices S&P 500 and Nasdaq Composite Index slid overnight. The STI slid 0.5 per cent or 24.9 points to 4,905.13, with…
Read MoreFrom fashion to aviation: Doris Tan leads Shell’s green jet fuel take-off
Tan believes that green jet fuel is the best bet to decarbonise flying, as Asia gears up for a travel boom The strategies and stories that shape today’s leaders. [SINGAPORE] A 28-year veteran of oil major Shell, Doris Tan faces one of her greatest challenges yet: getting airplanes to fly on green fuel. “To me,…
Read MoreOil prices surge 3% to five-month high on worries US could attack Iran
Published Fri, Jan 30, 2026 · 06:02 AM [NEW YORK] Oil prices climbed 3 per cent to a five-month high on Thursday on rising concerns that global supplies could be disrupted if the US attacks Iran, one of Opec’s biggest crude producers. Brent futures rose US$2.31, or 3.4 per cent, to settle at US$70.71 a barrel, while…
Read MoreWall Street opens mixed as markets digest Big-Tech AI splurge
Published Thu, Jan 29, 2026 · 10:41 PM [NEW YORK] Wall Street opened mixed on Thursday (Jan 29), as investors waded through mega-cap tech results that showcased another surge in AI spending, while the Federal Reserve held rates steady as widely expected. At 09:30 am ET, the Dow Jones Industrial Average rose 62.50 points, or…
Read MoreSTI rises 0.4% after Fed pause
Across the broader market, gainers edge out decliners 289 to 288 after 1.6 billion securities worth S$2 billion change hands [SINGAPORE] The Straits Times Index (STI) closed higher on Thursday (Jan 29) after the US Federal Reserve overnight held interest rates unchanged during its first policy gathering of 2026. The blue-chip barometer closed 0.4 per…
Read MoreNvidia, Microsoft, Amazon in talks to invest up to US$60 billion in OpenAI, The Information reports
Published Thu, Jan 29, 2026 · 11:40 AM NVIDIA, Amazon and Microsoft are in talks to invest up to US$60 billion in OpenAI, The Information reported on Wednesday. Nvidia, an existing investor whose chips power OpenAI’s AI models, is in talks to invest up to US$30 billion, The Information said, citing a person with knowledge…
Read MoreIBM posts revenue that tops estimates on software gains
Investors have been enthusiastic about the strategy as software has provided an increasingly share of the company’s sales Published Thu, Jan 29, 2026 · 06:01 AM [SAN FRANCISCO] International Business Machines (IBM) reported quarterly sales that topped analysts’ estimates on strong growth for its closely watched software unit. Revenue increased 12 per cent to US$19.7…
Read MoreStarbucks beats Q1 global comparable sales estimate as demand rebounds
Comparable sales rose 4% in North America, marking their first gains in nearly two years Published Wed, Jan 28, 2026 · 09:54 PM [NEW YORK] Starbucks reported a bigger-than-expected rise in first-quarter comparable sales on Wednesday (Jan 28), as demand rebounded in the US after nearly two years in early signs of success of CEO…
Read MoreSK Hynix profit surges on relentless appetite for AI memory
Operating profit doubles to 19.2 trillion won (S$17 billion) in the December quarter Published Wed, Jan 28, 2026 · 05:51 PM [SEOUL] SK Hynix reported its strongest quarterly results to date, underscoring the depth of an artificial intelligence (AI) wave that has triggered an unprecedented surge in memory demand. Its operating profit more than doubled…
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