Posts by Yurie Miyazawa
World’s trade superhighway feels strain from US-China decoupling
[HONG KONG] Container liners are starting to sever shipping routes that link the US and China across the Pacific, as US President Donald Trump’s trade war upends the industry and forces the two largest economies apart. Among signs of disruption are plunging fees, fewer services, and a pall of uncertainty over what for decades has…
Read MoreNvidia CEO says China AI market is on course to hit US$50 billion
Jensen Huang is lobbying against the tightening of restrictions on his company and peers that limit their access to China, the biggest market for semiconductors Published Wed, May 7, 2025 · 10:27 AM [SAN FRANCISCO] Nvidia chief executive officer Jensen Huang said that the market for artificial intelligence (AI) chips in China could reach US$50…
Read MoreChina ramps up monetary stimulus ahead of US trade meeting
[BEIJING] Chinese authorities on Wednesday announced a raft of stimulus measures, including interest rate cuts and a major liquidity injection, as Beijing steps up efforts to soften the economic damage caused by the trade war with the United States. The announcements come shortly after US and Chinese officials said Treasury Secretary Scott Bessent and chief…
Read MoreFrasers Logistics & Commercial Trust posts 13.8% lower H1 DPU of S$0.03 amid challenges in commercial portfolio
[SINGAPORE] Frasers Logistics and Commercial Trust (FLCT) on Wednesday (May 7) posted a 13.8 per cent fall in distribution per unit (DPU) to S$0.03 for its first half ended March 31, from S$0.0348 in the corresponding period in the previous year. This decline reflects transitional challenges in the commercial portfolio and foreign exchange volatility in…
Read MoreAcrophyte Hospitality Trust Q1 revenue falls 7.7% to US$33.5 million
[SINGAPORE] Acrophyte Hospitality Trust’s revenue for the first quarter of 2025 fell 7.7 per cent to US$33.5 million, from US$36.2 million in Q1 2024. In a business update on Wednesday (May 7), the managers attributed this to an 8.3 per cent year-on-year reduction in portfolio size. The stapled group now operates 33 hotels in the…
Read MoreStocks to watch: UOB, Sats, FLCT, Aims Apac Reit, Acrophyte Hospitality Trust
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (May 7). UOB: The bank’s net profit for its first quarter was flat amid broad-based growth, it said on Wednesday. Net profit for the three months ended Mar 31, 2025, stood at S$1.49 billion, unchanged from the year-ago period.…
Read MoreNational Australia Bank’s first-half cash earnings up 1% on lending volume growth
Published Wed, May 7, 2025 · 06:49 AM NATIONAL Australia Bank, the country’s biggest business lender, said on Wednesday its first-half cash earnings rose 1 per cent, helped by growth in lending volumes and lower impairment charges. The lender posted cash earnings of A$3.58 billion (S$3 billion) for the six months ended March 31, compared…
Read MoreOil rises 3% on signs of more Europe and China demand, less US output
[NEW YORK] Oil prices climbed about 3 per cent on Tuesday on signs of higher demand in Europe and China, lower production in the US, tensions in the Middle East and as buyers emerged the day after prices fell to a four-year low. Brent futures rose US$1.92, or 3.2 per cent, to settle at US$62.15 a…
Read MoreAMD forecasts revenue above estimates, despite US curbs on China chip exports
[BENGALURU/SAN FRANCISCO] Advanced Micro Devices (AMD) forecast second-quarter revenue above Wall Street estimates on Tuesday (May 6), in part because of the global thirst for its artificial intelligence (AI) chips even as trade tensions clouded its ability to sell into the Chinese market. The optimistic forecast from AMD could help reinforce investor confidence in its…
Read MoreDecagon CEO On Startup Growth Strategies
The conversation centered on the journey of a startup founder who has built two companies, highlighting lessons learned from early challenges and later successes. The discussion provided an in-depth look at how one individual transformed ideas into a fast-growing company offering artificial intelligence agents for customer service. The narrative shared insights on the careful selection…
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