Posts by Yurie Miyazawa
BYD weighs India expansion as hundreds of car orders pile up
The automaker has approached Indian auto sector regulators to flag how import limits could constrain growth Published Wed, Jan 28, 2026 · 11:49 AM [DELHI] BYD is weighing options to expand in India, including local assembly to meet surging demand for the Chinese automaker’s electric vehicles (EVs), according to sources familiar with the matter. The…
Read MoreUS stocks: S&P 500 marks closing record as corporate earnings roll in; Medicare rates hit insurers
Published Wed, Jan 28, 2026 · 05:49 AM THE S&P 500 notched a record closing high and its fifth straight day of gains on Tuesday with a mixed reception to the latest earnings reports and a steep selloff in health insurers countering optimism ahead of megacap reports. UnitedHealth led losses in healthcare stocks and in the Dow…
Read MoreUPS to cut another 30,000 jobs as it doubles down on turnaround
Published Tue, Jan 27, 2026 · 11:09 PM [WASHINGTON] United Parcel Service on Tuesday (Jan 27) said it would cut up to 30,000 operational roles in 2026, adding to last year’s job reductions as the delivery giant looks to accelerate a turnaround fuelled by a pivot to higher-margin shipments. The company also beat Wall Street…
Read MoreKKR sells Goodpack back to founding Lam family: source
The move comes after the private equity player put Goodpack up for sale in October 2024, based on media reports [SINGAPORE] Reusable bulk container provider Goodpack has switched hands once again, with KKR selling its stake back to the founding Lam family in a deal valuing the company at US$1.4 billion, said a source close…
Read MoreHSBC to close Raffles Place branch on Feb 28
Published Tue, Jan 27, 2026 · 11:24 AM [SINGAPORE] HSBC Holdings will close a key retail branch in Singapore’s financial district and open a wealth centre at the same building, as the lender doubles down on serving affluent clients in one of Asia’s key financial hubs. The branch at Raffles Place, one of six in…
Read MoreUS stocks: Wall Street indexes close higher ahead of earnings, Fed meeting
Published Tue, Jan 27, 2026 · 05:49 AM THE S&P 500 and the Nasdaq advanced for a fourth consecutive session on Monday, as investors geared up for a slew of mega-cap earnings and a Federal Reserve update on interest rate policy later this week. Both indexes hit their highest levels in more than a week…
Read MoreS&P 500, Dow open slightly higher with big tech results
Published Mon, Jan 26, 2026 · 10:42 PM [NEW YORK] The S&P 500 and the Dow opened slightly higher on Monday (Jan 26), as investors braced for a heavyweight run of earnings along with a closely watched Federal Reserve monetary policy decision later in the week. At 09.30 am ET, the Dow Jones Industrial Average…
Read MoreBlackstone eyes more hiring in Asia to tap private market demand
The alternative asset manager sees huge potential from bringing private markets to individual investors Published Mon, Jan 26, 2026 · 02:14 PM [HONG KONG] Blackstone is planning to hire more people across Asia to tap growing opportunities in private markets, said Ed Huang, the firm’s head of Asia-Pacific private wealth. The alternative asset manager sees…
Read MoreYen surges as intervention risks lurk
Published Mon, Jan 26, 2026 · 10:59 AM [SINGAPORE] The yen firmed 0.5 per cent to 154.84 per dollar as of 0052 GMT, after sharp spikes on Friday sparked speculation over potential intervention. The New York Federal Reserve conducted rate checks on Friday, sources told Reuters, raising the chance of joint US-Japan intervention to halt…
Read MoreVitol and Trafigura – traders at the heart of Trump’s Venezuela oil grab
The companies’ special licences to ship still-sanctioned barrels have given them a head start in a potentially lucrative trade US PRESIDENT Donald Trump has portrayed his takeover of Venezuela’s oil sales as a victory for America, but when his administration wanted to sell several billion dollars’ worth of the fuel quickly, the experts it turned…
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