Posts by Yurie Miyazawa
Two SGX listcos eye investments in Johor-Singapore Special Economic Zone: Maybank
[SINGAPORE] Singapore-listed companies Thomson Medical Group and Centurion Corporation have expressed interest to invest in the Johor-Singapore Special Economic Zone (JS-SEZ), said Maybank on Monday (May 19). The two listcos are among the Malaysian bank’s three Singapore-headquartered clients that submitted letters of intent (LOIs) to the Iskandar Regional Development Authority at the JS-SEZ Partners’ Dialogue:…
Read MoreRichest Thai man raises top bank’s stake to be No 3 shareholder
Kasikornbank is the country’s second-biggest lender with total assets of 4.4 trillion baht Published Mon, May 19, 2025 · 12:36 PM [BANGKOK] Gulf Development, controlled by Thailand’s richest man Sarath Ratanavadi, has raised its stake in Kasikornbank to about US$610 million, making it the commercial lender’s third-largest shareholder. Gulf increased its holding of Kasikornbank by…
Read MoreChina’s luxury car brand that’s come from behind to overtake BMW
[HONG KONG] In under four years, Seres Group, a small Chinese automaker once best known for its 30,000 yuan (S$5,403) minivans, has beaten luxury legacy names such as BMW and Mercedes to become the nation’s hottest high-end car seller. Formerly called DFSK Motor, Seres partnered with telecommunications giant Huawei Technologies back in 2021 to launch…
Read MoreMAS, SGX RegCo propose listing rule changes in pursuit of a vibrant, disclosure-based market
[SINGAPORE] Here’s how Warren Buffett described the purpose of his annual letter to shareholders of Berkshire Hathaway earlier this year: “As a public company, we are required to periodically tell you many specific facts and figures,” said the billionaire chairman and chief executive of Berkshire. “In addition to the mandated data, we believe we owe…
Read MoreRBA poised for ‘hawkish cut’ as US-China reprieve boosts outlook
[SYDNEY] Australia’s central bank is set to lower interest rates for a second time this year as price pressures ease and US-China trade tensions take a pause, though lingering risks around both suggest the board will remain cautious on the policy path ahead. Economists and money markets expect the Reserve Bank of Australia (RBA) will…
Read MoreSome 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 MoreSome 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…
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