Posts by Yurie Miyazawa
Some China companies eyeing Singapore listings to expand markets amid trade war: sources
AT LEAST five companies from mainland China or Hong Kong are planning IPOs, dual listings, or share placements in Singapore in the next 12 to 18 months, four sources said, as Chinese firms look to expand in South-east Asia amid global trade tensions. The companies include a Chinese energy company, a Chinese healthcare group and…
Read MoreNissan plans to close plants in Japan, Mexico: Yomiuri
[TOKYO] Nissan Motor plans to close two factories in Japan, as well as locations in four other countries as part of its restructuring and cost-cutting process, the Yomiuri newspaper and other news outlets reported, citing unidentified sources. In Japan, Nissan is looking to close facilities in Oppama and Hiratsuka operated by manufacturing subsidiary Nissan Shatai,…
Read MoreUS: Wall Street advances on trade hopes, data shows investor pessimism
[NEW YORK] Wall Street’s main indices rose on Friday (May 16) for their fifth straight day, buoyed by the US-China tariff truce earlier in the week even as economic survey data showed a deterioration in consumer sentiment. The S&P 500 steadily added to gains from late morning, while investors took weak data in their stride.…
Read MoreSingtel sells 1.2% direct stake in India’s Bharti Airtel for S$2 billion
[SINGAPORE] Telecommunications service provider Singtel has sold around 1.2 per cent of its direct stake in regional associate Bharti Airtel for S$2 billion. This is part of its active capital management approach to optimise its asset portfolio and drive shareholder returns sustainably, the group said in a bourse filing on Friday (May 16). Singtel has…
Read MoreTrump announces US$14.5 billion Etihad order for 28 Boeing planes with GE engines
Published Fri, May 16, 2025 · 01:24 PM US PRESIDENT Donald Trump on Thursday announced deals totaling more than US$200 billion between the United States and the United Arab Emirates, including a US$14.5 billion commitment between Boeing, GE Aerospace and Etihad Airways, the White House said. Etihad confirmed on Friday it was ordering 28 wide-body…
Read MoreGenting Singapore shares are undervalued despite drop in earnings, Morningstar says
[SINGAPORE] Genting Singapore’s shares are undervalued despite its recent weak earnings, but the new attractions being lined up could drive earnings growth, analysts said. Morningstar’s senior equity analyst, Jennifer Song, has a fair-value estimate of S$0.96 for Genting Singapore shares. The stock last closed at S$0.715 on Thursday (May 15). As at 3.50 pm on…
Read MoreByteDance aims to match Meta sales in 2025 as TikTok gains steam
Its flagship Chinese video platform Douyin is grappling with waning consumption and advertising spending across the world’s second-largest economy Published Fri, May 16, 2025 · 11:10 AM [HONG KONG] ByteDance is targeting revenue growth of about 20 per cent in 2025 despite a potential global economic downturn, a pace of expansion that could help it…
Read MoreHPL jumps almost 10% in heavy trade; SGX RegCo seeks explanation, suggests trading halt if needed
[SINGAPORE] Shares of Hotel Properties Ltd (HPL) jumped almost 10 per cent in active trading on Friday morning (May 16), prompting queries from Singapore Exchange Regulation (SGX RegCo). At about 11.30 am, the counter was up 9.2 per cent at S$4.72 with over 350,000 shares traded, an unusual volume for the tightly held property and…
Read MoreMapletree Industrial Trust divests three Singapore industrial assets for S$535.3 million
[SINGAPORE] Mapletree Industrial Trust (MIT) divested three of its Singapore industrial properties to Brookfield Asset Management for S$535.3 million, the real estate investment trust’s (Reit) manager announced on Friday (May 16). The assets – The Strategy, The Synergy and the Woodlands Central Cluster – were sold at a 2.6 per cent premium over their combined…
Read MoreChinese disinflation wave is set to boost emerging-market bonds
[ZURICH/SINGAPORE] A wave of Chinese exports redirected towards emerging markets is likely to help crimp inflation across the developing world and bolster longer-maturity bonds, fund managers say. Goods from the Asian nation are set to flow away from the US due to the higher tariffs imposed by US President Donald Trump, and be a force…
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