Posts by Yurie Miyazawa
Wall 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…
Read MoreBYD weighs India expansion as hundreds of car orders pile up
The automaker has approached Indian auto sector regulators to flag how import limits could constrain growth Published Wed, Jan 28, 2026 · 11:49 AM [DELHI] BYD is weighing options to expand in India, including local assembly to meet surging demand for the Chinese automaker’s electric vehicles (EVs), according to sources familiar with the matter. The…
Read MoreUS stocks: S&P 500 marks closing record as corporate earnings roll in; Medicare rates hit insurers
Published Wed, Jan 28, 2026 · 05:49 AM THE S&P 500 notched a record closing high and its fifth straight day of gains on Tuesday with a mixed reception to the latest earnings reports and a steep selloff in health insurers countering optimism ahead of megacap reports. UnitedHealth led losses in healthcare stocks and in the Dow…
Read MoreUPS to cut another 30,000 jobs as it doubles down on turnaround
Published Tue, Jan 27, 2026 · 11:09 PM [WASHINGTON] United Parcel Service on Tuesday (Jan 27) said it would cut up to 30,000 operational roles in 2026, adding to last year’s job reductions as the delivery giant looks to accelerate a turnaround fuelled by a pivot to higher-margin shipments. The company also beat Wall Street…
Read MoreKKR sells Goodpack back to founding Lam family: source
The move comes after the private equity player put Goodpack up for sale in October 2024, based on media reports [SINGAPORE] Reusable bulk container provider Goodpack has switched hands once again, with KKR selling its stake back to the founding Lam family in a deal valuing the company at US$1.4 billion, said a source close…
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