Posts by Yurie Miyazawa
RedBird Capital agrees to a £500 million deal to buy UK’s Telegraph newspaper
The current government’s decision to allow foreign state-owned investors to own up to 15% of British newspaper publishers helped unlock a deal Published Fri, May 23, 2025 · 05:06 PM [LONDON] RedBird Capital Partners, the US fund that bought Britain’s Telegraph newspaper in partnership with UAE-owned IMI, will take control of the publication after agreeing…
Read MoreOnlyFans owner in talks to sell to investor group at about US$8 billion value
[LOS ANGELES] OnlyFans owner Fenix International is in talks to sell the porn-driven company to an investor group at a valuation of around US$8 billion, three sources familiar with the matter told Reuters. The group is led by the Forest Road Company, a Los Angeles-based investment firm, the sources said. Reuters could not identify the…
Read MoreGold heads for best week in more than a month on US fiscal worries
GOLD was set for its best weekly gain in more than a month on Friday, as a softer dollar and mounting concerns about the deteriorating fiscal outlook for the world’s biggest economy boosted the metal’s safe-haven appeal. Spot gold gained 0.3 per cent to US$3,303.92 an ounce as of 0204 GMT. Bullion has risen 3…
Read MoreMetro sinks into the red with H2 net loss of S$228.1 million
[SINGAPORE] Metro sank into the red for its second half ended March, with a net loss of S$228.1 million against a net profit of S$6.4 million in the previous corresponding period. The results translate to a loss per share of S$0.276, versus an earnings per share of S$0.008, the mainboard-listed property investment and development group…
Read MoreRedefining Success: Why Winning Isn’t Everything
Growing up as a gymnast, I was conditioned to believe in a simple equation: winning equals success, and anything less equals failure. This black-and-white mindset shaped my early career and drove me to push beyond my limits. While it fueled my ambition, it also created unnecessary pressure and pain that I carry to this day.…
Read MoreSingapore shares slide in tandem with regional bourses and Wall Street; STI drops 0.1%
Decliners beat gainers 288 to 178 across the broader Singapore market, with 1.1 billion securities valued at S$1.4 billion changing hands [SINGAPORE] Asian bourses, including Singapore’s, were largely in the red on Thursday (May 22) after a Wall Street sell-off overnight. This came as the US’ fiscal uncertainty soured market sentiment. Singapore’s Straits Times Index…
Read MoreChangi Airport Group full-year net profit doubles to S$841 million
[SINGAPORE] Changi Airport Group (CAG) saw its net profit almost double to S$841 million for the full year ended Mar 31, up from S$431 million in the year-ago period. The 95 per cent rise in net profit takes into account “exceptional items”, including non-cash revaluation gains and the write-back of provisions by subsidiaries. Excluding these…
Read MoreLatest Singapore six-month T-bill cut-off yield slides to 2.2%
The auction received S$18.1 billion in applications for the S$7.5 billion on offer [SINGAPORE] The cut-off yield for Singapore’s latest six-month Treasury bill (T-bill) fell to 2.2 per cent, according to auction results released by the Monetary Authority of Singapore on Thursday (May 22). This declined from the 2.3 per cent cut-off yield offered in the previous…
Read MoreFormer PBOC deputy governor Liu Guiping to head Bank of China: sources
Published Thu, May 22, 2025 · 12:31 PM [BEIJING] China will appoint financial veteran Liu Guiping as chairman of Bank of China, the nation’s fourth largest state-owned bank, two sources with knowledge of the matter said. Liu, who currently serves as executive vice-mayor of Tianjin city, will replace current chairman Ge Haijiao, who will move…
Read MoreGold rises as investors grow cautious amid US debt fears
Markets are now pricing in at least 50 basis points of rate cuts this year, with the first one expected in October Published Thu, May 22, 2025 · 09:30 AM [BENGALURU] Gold prices rose on Thursday (May 22) as investors leaned towards the safe-haven asset due to mounting concerns over the US government’s growing debt…
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