Posts by Yurie Miyazawa
Lessons 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…
Read MoreBank of Japan keeps rates steady, cuts growth forecasts on US tariff hit
[TOKYO] The Bank of Japan kept interest rates steady and sharply cut its growth forecasts on Thursday (May 1), suggesting uncertainty surrounding US tariffs and the hit to exports could keep policy in a holding pattern for some time. But the central bank projected inflation would stay roughly on course to hit its 2 per…
Read MoreGold retreats on firm dollar, US payrolls data on tap
[BENGALURU] Gold was subdued on Thursday (May 1) on the US dollar’s strength, while investors awaited more clarity on trade policy between the US and its trading partners, and looked forward to the US non-farm payrolls report due this week. Spot gold fell 0.7 per cent to US$3,265.45 an ounce, as at 0022 GMT. US…
Read MoreBiggest US dollar slump since 2022 hints at more losses ahead
[SINGAPORE] The US dollar posted its worst month since 2022 after global investors cut back on US assets, with options markets still flashing warning signals. A gauge of the greenback is down around 4 per cent in April, the result of a sell-off in both US stocks and Treasuries as US President Donald Trump’s chaotic…
Read MoreEurope: Stoxx 600 clocks second consecutive monthly loss hit by tariff woes
[BENGALURU] European shares closed higher in a volatile session on Wednesday (Apr 30) as investors assessed key data around the world and corporate earnings, ending a sluggish month marred by US President Donald Trump’s erratic tariff policy. The pan-European Stoxx 600 index closed 0.5 per cent higher on Wednesday, helped by a 1.3 per cent…
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