Posts by Yurie Miyazawa
Stocks to watch: Wilmar, ST Engineering, Sheng Siong, Starhill Global Reit, FEHT, CDLHT, First Reit, IReit Global
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Apr 30). Wilmar International: The agribusiness group reported a 13.5 per cent increase in earnings for Q1 2025 to US$343.9 million from US$302.9 million in Q1 2024 on Tuesday. Revenue for Q1 2025 grew 3.3 per cent to US$16.2…
Read MoreTrump tempers auto tariffs, winning cautious praise from industry
[NEW YORK] US President Donald Trump moved on Tuesday to soften tariffs on automakers, sparking cautious optimism in an industry that has been on tenterhooks as it awaits details on the fast-evolving policy. Trump signed an executive order to limit the impact of overlapping tariffs on automakers. He also released a proclamation that gives the…
Read MoreUK sets out new rules for crypto as it aligns with US on approach
[LONDON] Britain will bring cryptocurrencies under compulsory regulation, finance minister Rachel Reeves said on Tuesday as the government signalled it would cooperate closely with the United States on the best approach towards digital assets. The new draft laws will extend existing financial regulation to companies involved in crypto, aligning Britain with the US, rather than…
Read MoreStarbucks says turnaround on track as sales decline persists
[CHICAGO] Starbucks’ chief executive officer said he’s confident the company’s turnaround is progressing even though a key gauge of sales declined faster than expected in the latest quarter. Same-store sales declined 1 per cent in the quarter ended Mar 30, according to a statement on Tuesday (Apr 29), falling short of the average estimate of…
Read MoreHow Smart Logistics Can Supercharge Your Startup’s Growth
Building a startup’s like racing a car you’re still tinkering with—product design and marketing get all the love, while logistics often ends up as an afterthought—big mistake. Logistics is the engine that keeps your business humming, delivering customer happiness, and fueling long-term wins. Get it wrong, and you’re stuck in the slow lane with cranky…
Read MoreNew wave of SME buyers mining for ‘diamonds in the rough’ in Singapore, Asean
[SINGAPORE] New types of buyers are emerging for small and medium-sized enterprises (SMEs). Unlike traditional private equity (PE) firms, these niche players are open to smaller deals and have longer, flexible investment horizons to find and polish these hidden, diamonds in the rough. SMEs tend to be overlooked in the mergers and acquisitions (M&A) space.…
Read MoreCoca-Cola results beat estimates on price hikes, demand surge
[ATLANTA] Coca-Cola on Tuesday (Apr 29) reported better-than-expected revenue and profit for the first quarter, as the beverage giant benefits from price hikes and enjoys strong demand for its sodas, juices and milk offering Fairlife. The Sprite and Fanta maker also maintained its full-year organic revenue and comparable profit forecasts, unlike PepsiCo and Procter &…
Read MoreGM pulls forecast due to tariffs as nervous consumers rush to buy
[DETROIT] General Motors has pulled its annual forecast, reflecting the uncertain effects of US President Donald Trump’s global trade war, even as it reported strong quarterly results. The Detroit automaker’s shares fell about 2.6 per cent in premarket trading. GM in January forecast net income between US$11.2 billion to US$12.5 billion for 2025, which did…
Read MoreWilmar reports higher earnings for Q1 2025 on better performance from business segments, associates
[Singapore] Wilmar reported a 13.5 per cent increase in earnings for Q1 2025 to US$343.9 million from US$302.9 million in Q1 2024 in a bourse filing on Tuesday (Apr 29). Revenue for Q1 2025 grew 3.3 per cent to US$16.2 billion from US$15.7 billion in the previous corresponding period. The growth in earnings was driven…
Read MoreNorway wealth fund CEO sees potential in real estate
[OSLO] Real estate and renewable assets are becoming more attractive in the face of stock market volatility, according to the head of Norway’s US$1.8 trillion sovereign wealth fund. “The world is splitting into two and that means that we will probably see lower growth and we will see higher inflation,” Norges Bank Investment Management (NBIM)…
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