Posts by Yurie Miyazawa
Temasek sees plant seeds as a game changer to fixing the broken global food system
[SINGAPORE] Pulses, or edible plant seeds such as chickpeas and lentils, could be the transformative answer to a global food system that is under severe strain. However, while demand for pulses is rising, the yield has stagnated in key production regions, indicating a “failure of investment and of government policies”, said Anuj Maheshwari, managing director…
Read MorePulses MAY offer solutions to broken, outdated global food system: Temasek
[SINGAPORE] Pulses, or edible plant seeds such as chickpeas and lentils, could be the transformative answer to a global food system that is under severe strain. However, while demand for pulses is rising, the yield has stagnated in key production regions, indicating a “failure of investment and of government policies”, said Anuj Maheshwari, managing director…
Read MoreTime’s not ripe for SingPost to sell its flagship building
[SINGAPORE] The share price of Singapore Post (SingPost) said it all about investors’ attitude towards the national postal service provider’s latest set of financial results. The share price tanked 12 per cent on May 15 despite SingPost proposing a dividend of S$0.09 a share for FY2025 ended March, with the payout from the gain from…
Read MoreLabubu maker Popmart flagged for global expansion potential; CGSI initiates coverage
[Hong Kong] CGS International (CGSI) has initiated coverage on Pop Mart’s stock with an “add” rating, citing the group’s transformation from a toy retailer to an intellectual property (IP)-centric platform. CGSI set the price target for the Chinese stock at HK$249.60, versus its last price of HK$208 at Tuesday close (May 20). That represents upside…
Read MoreTemasek’s SeaTown to invest up to S$115 million in Singapore healthcare firm AddVita
[SINGAPORE] SeaTown Holdings, an investment manager indirectly owned by Temasek, said on Wednesday (May 21) it is committing up to S$115 million in Singapore healthcare and life sciences firm AddVita. Offering medical and laboratory technologies, AddVita sells pharmaceutical products as well, to hospitals, clinics, pharmacies and healthcare providers throughout Asia, particularly South-east Asia. It also…
Read MoreMonetary Authority of Singapore MD says US$ assets irreplaceable
Factors that the market are paying attention to include any prospect for slower growth and higher inflation in America as well as cues on its fiscal trajectory and policies that could reinforce that confidence Published Wed, May 21, 2025 · 09:08 AM [DOHA] US dollar-based assets have “enduring advantages” and remain virtually irreplaceable in the…
Read MoreFed officials expect tariffs to boost prices; White House downplays risk
[AMELIA ISLAND, Florida] Federal Reserve officials said on Tuesday (May 20) that higher prices are coming on the back of rising US import tariffs and counselled patience before making any interest rate decisions before it is clear whether the inflation shock will be fleeting or more persistent. “One thing that we have heard is that…
Read MoreUS sets the stage for duties on battery materials from China
Published Wed, May 21, 2025 · 08:09 AM [NEW YORK] The US Commerce Department set the stage for anti-subsidy duties on imports of key battery components from China, after concluding materials had been unfairly subsidised. The agency’s preliminary determination is an early milestone in a trade case looking at supplies of active anode material, which…
Read MoreChanel profit tumbles as luxury industry downturn hits sales
[PARIS] Chanel profit plunged last year as the closely held company splurged on expanding its retail network and marketing to remain visible amid a luxury industry downturn. Operating profit slid 30 per cent to US$4.48 billion as revenue fell 4.3 per cent on a comparable basis, it said on Tuesday (May 20). The region that…
Read MoreMusk will reduce political spending, committed to being Tesla CEO in 5 years’ time
[DOHA] Elon Musk said he plans to significantly cut political spending and is committed to staying on as Tesla’s CEO for another five years, aiming to address concerns about balancing his role at the automaker with his involvement in the Trump administration. Musk’s comments could have large implications for next year’s mid-term elections as he…
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