Posts by Yurie Miyazawa
Temasek’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…
Read MoreYou’ve Been Writing Emails Wrong This Whole Time (Here’s the Simple Fix)
I’ve noticed a strange phenomenon in business communication. When people sit down to write an email, they suddenly transform into formal, academic writers crafting five-paragraph essays complete with thesis statements. It’s as if they’re channeling their college English professor rather than simply communicating with another human being. This formality creates an unnecessary barrier between you…
Read MoreDasin Retail Trust trustee-manager hits back at claims in alternate director’s exit letter
[SINGAPORE] The trustee-manager of Dasin Retail Trust (DRT) rebutted criticism from its former alternate director, who claimed in a resignation letter that his input was snubbed and key financial reports were not published despite his reminders, among other complaints. In a bourse filing on Tuesday (May 20), the trustee-manager set out to address the assertions…
Read MoreChina EV battery giant CATL’s Hong Kong IPO positive for mainland listings: Morningstar
[SINGAPORE] Chinese electric vehicle battery maker Contemporary Amperex Technology Company Limited (CATL) seemed poised for a winning start in its Hong Kong IPO (initial public offering) on Tuesday (May 20). In the world’s largest listing this year, CATL shares jumped in its Hong Kong trading debut, raising HK$35.7 billion (S$5.9 billion) despite being blacklisted by…
Read MoreLocal building boom will fuel growth, says top Vietnam steelmaker
[HANOI] Vietnam’s top steelmaker Hoa Phat Group is counting on the nation’s rising economic growth and massive infrastructure projects from railways to seaports to fuel the company’s expansion and cushion any fallout from US tariffs. The company targets 15 per cent annual revenue growth in the 2025 to 2030 period, chief executive officer Nguyen Viet…
Read More