Posts by Yurie Miyazawa
How the Singapore dollar could perform against the greenback this year
[SINGAPORE] Fading US exceptionalism could pave the way for further appreciation of the Singapore dollar against the greenback, said analysts. The Singdollar surged to around 1.29 per US dollar on Monday (May 5) – a level not seen since September 2024. That drove its year-to-date gain to about 5 per cent, with its five-day gain…
Read MoreDaiwa House Logistics Trust posts 9.9% lower Q1 distributable income of S$8.2 million
Net property income of the overall portfolio for the quarter stands at S$11.1 million in Singdollar terms [SINGAPORE] Daiwa House Logistics Trust (DHLT) announced on Friday (May 9) that its distributable income for the quarter was 9.9 per cent lower at S$8.2 million, from S$9.2 million in the same year-ago period. This was mainly attributed…
Read MoreApple is developing specialised chips for glasses, new Macs and AI servers
[LOS ANGELES] Apple’s silicon design group is working on new chips that will serve as the brains for future devices, including its first smart glasses, more powerful Macs and artificial intelligence (AI) servers. The company has made progress on the chip that it’s developing for smart glasses, according to sources with knowledge of the matter.…
Read MoreEurope: Stocks rise after Trump strikes tariff deal with UK
[BENGALURU] European shares ended higher on Thursday (May 8) after US President Donald Trump announced a trade deal with Britain to lower tariffs, the first such agreement since Trump sparked a global trade war with his universal levies. The pan-European Stoxx 600 index closed 0.4 per cent higher, with most regional indexes also concluding the…
Read MoreCrowdfunding Success Stories You Won’t Believe
Crowdfunding has taken the world by storm, transforming how people support causes they care about. From education to health care, countless stories showcase how a group of passionate individuals can come together to fund ideas and projects that make a difference. In this article, we’ll explore some of the most inspiring crowdfunding success stories that…
Read MoreSingapore stocks end lower as investors keep eye on tariff negotiations; STI down 0.4%
[SINGAPORE] Local stocks ended lower on Thursday (May 8), as investors kept their eyes on tariff deal negotiations after the US central bank unsurprisingly kept interest rates steady. The benchmark Straits Times Index fell 0.4 per cent or 17.15 points to 3,848.22. Across the broader market, losers outnumbered gainers 262 to 226, after 1.1 billion…
Read MoreSingapore firms like SIA, ST Engg see relief as US dollar declines
[SINGAPORE] Asian currencies have rallied against the US dollar on the back of concerns that US President Donald Trump’s tariff war will hurt the world’s largest economy. But market watchers warn that the Singapore dollar’s strength against the greenback could cut both ways for companies here. This week, the Singapore dollar rose to trade at…
Read MoreToyota sees US$1.3 billion profit hit in two months on tariffs
[TOKYO] Toyota Motor said US President Donald Trump’s tariffs will result in a 180 billion yen (S$1.6 billion) hit to operating income in just two months, with the Japanese carmaker joining a growing list of companies grappling with the fallout of trade turmoil. The company said on Thursday that the impact for April and May…
Read MoreSeaMoney rebrands to Monee, opens new headquarters for Sea group’s digital financial services
It will set up centres of excellence in product management, artificial intelligence and anti-money laundering [SINGAPORE] Sea’s digital financial services arm has rebranded from SeaMoney to Monee, an umbrella segment for all of Sea’s digital financial services. This was announced on Thursday (May 8) as part of the new office opening of Sea’s digital financial…
Read MoreIndonesia reserves drop most in almost two years on rupiah woes
Bank Indonesia has stepped up intervention this year and last month began intervening in the offshore non-deliverable forwards market Published Thu, May 8, 2025 · 01:08 PM [JAKARTA] Indonesia’s foreign-exchange reserves saw the biggest drop in nearly two years after the central bank ramped up market intervention to cushion the sliding rupiah last month. The…
Read More