Posts by Yurie Miyazawa
Keppel Reit Q1 distributable income falls 3.5% to S$48.4 million
[SINGAPORE] Keppel Reit reported on Wednesday (Apr 23) that its distributable income from operations fell 3.5 per cent to S$48.4 million on the year in Q1 2025, from S$50.2 million previously. Including an annual S$20 million anniversary distribution, distributable income fell 3.2 per cent year on year to S$53.4 million, from S$55.2 million. However, as…
Read MoreStocks to watch: CDL, Keppel Reit, Paragon Reit, BRC Asia, Frasers Hospitality Trust
[SINGAPORE] The following companies saw new developments that may affect trading of its securities on Wednesday (Apr 23). City Developments Limited (CDL): The developer’s wholly owned subsidiary has increased its offer to buy the shares of Millennium & Copthorne Hotels New Zealand (MCK) that it does not already own to NZ$2.80 apiece. In a letter…
Read MoreHow Visual Learning Can Help GMAT Takers
A GMAT expert explains why visual learning is the ultimate study hack—and how a new OnDemand course helps high achievers master hard things on their own terms. By Scott Woodbury-Stewart, CEO & Founder, Target Test Prep For busy professionals considering taking the GMAT, test prep may feel like an impossible ask. You’re working long hours,…
Read MoreEuropean shares close higher as financials, L’Oreal rise; Fed spat still a worry
[BENGALURU] European shares ended slightly higher on Tuesday (Apr 22) on the back of rising financials and post-earnings gains in L’Oreal, though sentiment remained shaky after US President Donald Trump’s critique of Federal Reserve chair Jerome Powell. The pan-European Stoxx 600 index ended 0.3 per cent higher, well off session lows, with L’Oreal jumping 6.3…
Read MoreUS stocks soar on White House optimism on China trade deal
[NEW YORK] Wall Street stocks jumped on Tuesday (Apr 22), rebounding from the prior day’s rout, after upbeat comments from Trump administration officials about US-China trade talks. US Treasury Secretary Scott Bessent told a closed-door event in Washington that the tit-for-tat tariff war would de-escalate soon. Later, White House spokesperson Karoline Leavitt told reporters: “The…
Read MoreUS dollar close to multi-year lows vs euro, Swiss franc as Trump attacks the Fed
[LONDON] The greenback dropped against the yen and hovered around multi-year lows versus the euro and the Swiss franc on Tuesday (Apr 22) as President Donald Trump’s attacks on the Federal Reserve raised concerns about the central bank’s independence. Analysts said that the US dollar was left in an especially fragile state amid market concerns…
Read MoreApple iPhone prices could spike as much as 7% in this tariff scenario, Citi estimates
[SINGAPORE] Apple iPhones could get more expensive on any upcoming US tariffs as the tech giant passes on costs to consumers, said a Citi report. “We estimate (that) the iPhone selling price would go up 7 per cent globally if China/India total tariffs are 45 per cent/ 10 per cent, assuming another 25 per cent…
Read MoreParagon Reit unitholders give nod to privatisation offer
[SINGAPORE] Unitholders of Paragon Real Estate Investment Trust (Reit) approved the scheme resolution proposed by Cuscaden Peak’s Times Properties to take the trust private. Its delisting is expected on Jun 6, subject to regulatory approval. During the scheme meeting on Tuesday (Apr 22), 1,000 unitholders or around 82.8 per cent of those present and voting,…
Read MoreThe yen strengthens past 140 per dollar for the first time since September
[TOKYO] The yen advanced past the psychological level of 140 against the US dollar as investors sought alternatives to the greenback amid increasing risks for US assets. With the independence of the Federal Reserve under threat, heightened unease from tariffs and a looming meeting between the finance chiefs of Japan and the US, the…
Read MoreUBS resets India strategy with 360 ONE deal
[HONG KONG/BENGALURU] UBS said on Tuesday (Apr 22) that it would sell its Indian wealth business to 360 ONE WAM and take a stake of nearly 5 per cent, worth some US$220 million, in the Mumbai-based asset manager, adding that it might consider boosting its ownership. The transaction underscores the Swiss bank’s efforts to consolidate…
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