Posts by Yurie Miyazawa
US prepares air-traffic overhaul as vulnerabilities rock Newark
[WASHINGTON] The Trump administration’s plan to modernise the ageing US air traffic-control system has gained fresh urgency after vulnerabilities with the existing system pushed United Airlines Holdings to cut flights at the second-busiest hub serving New York City. Transportation Secretary Sean Duffy aims to release his proposal this coming week for a new system for…
Read MoreUS dollar’s decline is fuelling dislocations across Asian currencies
[HONG KONG] Asian currencies turbocharged by US dollar weakness are attaining rarely seen superlatives and triggering central bank intervention to curb excessive gains. The Hong Kong Monetary Authority on Friday (May 2) sold a record amount of local dollars to prevent its advance and protect the currency’s 42-year-old peg to the greenback. Taiwan’s central bank…
Read MoreS&P 500’s relief rally likely to stall
THE S&P 500 rebounded over 14 per cent from a swing low of 4,835, recorded on Apr 7, 2025, after a period of panic selling triggered by aggressive reciprocal tariff proposals from the US towards its trading partners. Several factors have contributed to the current relief rally for the index. Firstly, the Trump administration stepped…
Read More‘Set up the robot and go for coffee’: ISOTeam bets on automation in its next stage of growth
[SINGAPORE] Anthony Koh may already be 59 years old, but the chief executive officer of ISOTeam is still enrolling himself in artificial intelligence (AI) courses. The head of the facilities management company is banking on automating his workforce through the use of drones, robots and AI to help take his company to the next level…
Read MoreLessons from Trump’s tariff tumult
US PRESIDENT Donald Trump’s tariff tempest has turned markets upside down, rocking investors globally. This spurred the Monetary Authority of Singapore to cut its 2025 growth outlook, as tariff-driven “demand shocks” slam the trade-orientated economy. What might Trump do next? No one knows – maybe not even Trump himself. But April’s absurdity offers clear investing…
Read MoreInsurance Trends That Could Save You Money
Staying updated on the latest insurance trends can help you save money on your policies. From innovative coverage options to digital advancements, there are several ways to cut costs while ensuring proper protection. This article will explore key insurance industry trends that could lead to significant savings for you. Key Takeaways Usage-based insurance can…
Read MoreStocks to watch: CapitaLand Investment, Nio, MIT, Jardine Cycle & Carriage, iFast, Sasseur Reit, Elite UK Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (May 2). CapitaLand Investment (CLI): The real estate investment manager reported a total revenue of S$496 million for the first quarter ended Mar 31, down 24 per cent from S$650 million in the corresponding period the year before. On…
Read MoreApple expects US$900 million tariff hit as it shifts US iPhone supply to India
[SAN FRANCISCO] Apple on Thursday reported first-quarter profit above expectations but warned that US tariffs could cost the company and was disrupting its supply chain. Apple expects US tariffs to cost US$900 million in the current quarter, even though their impact was “limited” at the start of this year, chief executive Tim Cook said on…
Read MoreInstacart forecasts upbeat quarterly core profit on online grocery delivery demand
INSTACART forecast second-quarter core profit above Wall Street estimates on Thursday, betting on resilient demand for grocery and food on its delivery platform as more people shop online. Shares of the company, which also beat first-quarter core profit estimates, were up about 12 per cent in extended trading. The company, also known as Maplebear, has…
Read MoreUS: Stocks boosted by gains in Microsoft, Meta
[NEW YORK] WALL Street stocks rallied on Thursday after strong results from Microsoft and Facebook parent Meta offset lingering worries about an economic slowdown. Microsoft surged 7.6 per cent following results showcasing how a strong performance in cloud computing and artificial intelligence lifted sales, while Meta advanced 4.2 per cent after earnings topped expectations as business spending…
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