Posts by Yurie Miyazawa
Crowdfunding 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 MoreBoeing vows to deliver new Air Force One by 2027, US official says
[WASHINGTON] A top US Air Force official said Boeing is proposing to deliver its new version of Air Force One by 2027 as officials look to satisfy US President Donald Trump’s demand for the updated presidential jetliner before the end of his second term. While Boeing aims to deliver the aircraft on the accelerated timeline,…
Read MoreBlackstone, Vanguard, Wellington to launch private markets fund
Traditional asset managers have been seeking ways to move beyond stock and bond funds into higher-margin businesses, including private equity and private credit Published Thu, May 8, 2025 · 08:52 AM [NEW YORK] Blackstone, Vanguard Group and Wellington Management are launching a fund that will invest in public equities, bonds and private markets, as part…
Read MoreGreat Eastern reports 13% higher Q1 profit of S$345.5 million
[SINGAPORE] Great Eastern on Thursday (May 8) posted a 13 per cent year-on-year increase in profit to S$345.5 million for the first quarter ended March, versus S$306.7 million previously. This was driven by higher profit from the insurance business as well as favourable investment performance in the group’s shareholders’ fund, said the insurance arm of…
Read MoreGranite Asia’s first private credit fund hits US$250 million at first close
[SINGAPORE] Granite Asia announced that it has secured over US$250 million from anchor investors for its first private credit fund, Libra Hybrid Capital Fund. In a press release on Thursday (May 8), the multi-asset platform said that anchor investors include top Asian sovereign wealth funds, as well as Granite Asia’s general partners and its network…
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