Posts by Yurie Miyazawa
Air India keen to take Boeing jets refused by China airlines
[NEW DELHI] Air India is looking to take Boeing planes rejected by Chinese carriers, sources familiar with the matter said, joining the ranks of Asian airlines vying to benefit from the trade war between Washington and Beijing. The Tata Group-owned carrier, which urgently needs aircraft to expedite its revival, plans to approach Boeing about acquiring…
Read MoreMetals billionaire Anil Agarwal seeks mining reboot amid debt overhaul, Saudi push
[DUBAI] Indian billionaire Anil Agarwal is inching closer to finishing a long-planned breakup of his metals-to-energy conglomerate Vedanta, a move aimed at trimming the group’s US$11 billion debt pile and giving greater attention to different businesses. While prices of aluminium, zinc, and copper have given up the heady gains of 2024, the 71-year-old tycoon is…
Read MoreKeppel Infrastructure Trust posts 27.7% higher Q1 distributable income of S$65 million ahead of GMG acquisition
[SINGAPORE] Keppel Infrastructure Trust (KIT) on Tuesday (Apr 22) reported a jump in distributable income of 27.7 per cent to S$65 million, from S$50.9 million in the previous corresponding period. This is due to contributions from new acquisitions and capital recycling with the sale of Philippine Coastal, according to the company’s Q1 business update. The gain…
Read MoreGoogle paid Samsung ‘enormous sums’ for Gemini AI app installs
Published Tue, Apr 22, 2025 · 07:47 AM [WASHINGTON] Alphabet pays Samsung Electronics an “enormous sum of money” every month to preinstall Google generative artificial intelligence (AI) app, Gemini, on its phones and devices, according to court testimony, even though the company’s practice of paying for installations has twice been found to violate the law.…
Read MoreJapan’s Nomura to buy Macquarie’s US, European asset management units for A$2.8 billion
[BENGALURU] Japanese investment bank Nomura will acquire Macquarie Group’s public asset management operations in the United States and Europe for A$2.8 billion (S$2.3 billion), the companies said on Tuesday (Apr 22). The deal will bolster Nomura’s global presence, while allowing the Australian financial conglomerate to focus on its private markets alternatives business serving institutional, insurance…
Read MoreLunar Cycles in Business: Alternative Timing for Better Decision-Making
Typically, we schedule our events around quarterly, fiscal year, and calendar deadlines. These deadlines enable us to better arrange our work, yet they are essentially synthetic constructions that do not always fit individuals’ normal working and thinking patterns. Imagine if there were a complementary time mechanism that may fit our natural energy flow. The monthly…
Read MoreUS: Wall Street opens lower as Trump takes aim at Powell
Published Mon, Apr 21, 2025 · 09:43 PM [NEW YORK] Wall Street’s main indexes opened down on Monday (Apr 21) after US President Donald Trump’s renewed attacks against Federal Reserve chair Jerome Powell sparked concerns about the central bank’s independence and rattled investors grappling with an escalating trade war. The Dow Jones Industrial Average fell…
Read MoreParkway Life Reit to exit Malaysia
[SINGAPORE] The manager of Parkway Life Real Estate Investment Trust (PLife Reit) announced on Monday (Apr 21) that the healthcare Reit is selling freehold strata units and lots of a Malaysian property for RM20.1 million (S$6.1 million). The deal will mark the Reit’s exit from Malaysia, as the units and lots were its sole investment…
Read MoreNanofilm’s Q1 revenue rises 12% to S$44 million, fuelled by consumer business segments
[SINGAPORE] Nanofilm Technologies said a strong performance by its consumer business segments helped to push its revenue up 12 per cent year on year to S$44 million in the first quarter ended Mar 31. While the group’s gross profit margin exceeded 27 per cent, it was down from 33 per cent in Q1 of 2024.…
Read MoreCATL teases five-minute EV charging with longer range than BYD
[SHANGHAI] Contemporary Amperex Technology Co Ltd, the world’s biggest producer of batteries for electric vehicles, unveiled the latest versions of its cells, playing up the durability and range of its products as the perceived limits of EVs still stop many consumers from making the switch. CATL teased the latest innovations at its Tech Day on…
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