Posts by Yurie Miyazawa
Trump family bitcoin operation set to go public
[NEW YORK] A bitcoin mining start-up backed by US President Donald Trump’s two eldest sons announced plans on Monday to go public on the New York Stock exchange via a merger. American Bitcoin made a deal to be acquired by publicly traded Gryphon Digital Mining in a stock-for-stock merger transaction. The combined company will operate…
Read MoreCordlife receives offer for 10% stake from subsidiary of stem cell company Medeze
[SINGAPORE] Private cord-blood bank Cordlife announced on Tuesday (May 13) that it has received a voluntary conditional cash partial offer for a 10 per cent stake in the company from Medeze Treasury, a wholly owned subsidiary of Medeze, a South-east Asian stem cell company. This is the Thai-listed group’s first step into the Singapore market,…
Read MoreTikTok, Meta face tough curbs in Asia even as US efforts stall
[HONG KONG] Some of the toughest new laws attempting to rein in TikTok, Instagram and Snapchat are not coming from Washington or Brussels. They are emerging from capitals such as Canberra, Jakarta and Kuala Lumpur. Governments across the Asia-Pacific region are leading the global charge to protect children from online harms, presenting an unprecedented challenge…
Read MoreApple plans AI-powered battery management mode for devices in iOS 19
[LOS ANGELES] Apple is planning to use artificial intelligence (AI) technology to address a frequent source of customer frustration: the iPhone’s battery life. The company is planning an AI-powered battery management mode for iOS 19, an iPhone software update due in September, according to sources with knowledge of the matter. The enhancement will analyse how…
Read MoreUS: Stocks rally on Trump trade de-escalation with China
Published Tue, May 13, 2025 · 06:19 AM [NEW YORK] Wall Street stocks finished solidly higher on Monday, cheering an announcement that the United States and China sharply de-escalated a trade war that has rattled global markets. Major indices traded within a tight range in a buoyant session after US President Donald Trump touted a “total reset”…
Read MoreUS: Wall St surges at open as US, China slash tariffs
Published Mon, May 12, 2025 · 09:45 PM [NEW YORK] Wall Street’s main indexes opened sharply higher on Monday (May 12) as the United States and China reached a deal to reduce tariffs, signalling a truce in a punishing trade war that had kept markets on edge for weeks. The Dow Jones Industrial Average rose…
Read MoreIn return to Singapore, Barclays Private Bank sets sights on ultra rich and family offices
[SINGAPORE] Barclays’ private bank, which made a return to Singapore in 2021, is building up the business with renewed vigour. In that push, the group has been stepping up its recruitment in Singapore, said Evonne Tan, head of Barclays Private Bank, Singapore. Among the most prominent hires, besides Tan, are David Ratcliffe as chief operating…
Read MoreManulife US Reit divesting Atlanta property for US$133.8 million to repay loans due 2026
[SINGAPORE] The manager of Manulife US real estate investment trust (Reit) announced on Sunday (May 11) that it has agreed to sell Peachtree, a 28-storey Class A office building in Atlanta, Georgia for US$133.8 million. The purchaser is an unrelated third party, and the purchase-and-sale agreement is subject to approval by the lenders of Manulife…
Read MoreCATL to launch at least US$4 billion Hong Kong listing on Monday: sources
[HONG KONG] Chinese battery maker CATL is launching its Hong Kong public offering on Monday (May 12), aiming to raise at least US$4 billion at about a 5 per cent discount to its domestic share price, three people with knowledge of the deal said on Sunday. CATL’s Shenzhen-listed shares last traded at 248.27 yuan on…
Read MoreLondon bankers scour market for IPO reboot after Shein stalls
[LONDON] London bankers and investors are pinning their hopes on a handful of candidates to get initial public offering (IPO) activity off the ground after the much-anticipated listing of Shein hit a pause. A blockbuster IPO by Shein, planned for this year and at one point eyeing a valuation of as much as £50 billion…
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