Posts by Swedan Margen
Masayoshi Son hints at succession plan while chasing AI ambition
[TOKYO] Masayoshi Son acknowledged the outlines of a succession plan, addressing what may be the single biggest concern among investors, and name-checked the head of SoftBank Group’s telecom unit Junichi Miyakawa. Son said he plans to hold SoftBank’s reins another ten years, but added he has several candidates for its next chief in mind from…
Read MoreAsia: Stocks climb, dollar holds on trade hopes and rate bets
[HONG KONG] Asian markets rose on Friday on fresh trade hopes and the dollar held around three-year lows amid bets of cuts to US interest rate cuts. Easing concerns about Middle East tensions also added to the upbeat mood. With the Israel-Iran ceasefire holding for now, investors were able to turn their attention back to…
Read MoreSeoul asks Temu, AliExpress to pull children’s products over safety concerns
[SEOUL] The Seoul city government has asked online retail giants Temu and AliExpress to suspend sales of certain children’s products over safety concerns, saying Friday that some goods far exceeded local limits for hazardous substances. Chinese e-commerce titans like Shein, Temu and AliExpress have seen a surge in global popularity in recent years, drawing in consumers…
Read MoreGold heads for second weekly loss, investors eye US inflation data
Published Fri, Jun 27, 2025 · 10:57 AM GOLD prices fell on Friday, poised for a second consecutive weekly loss as a slight uptick in the dollar pressured bullion while markets awaited US inflation data for signals on Federal Reserve rate policy. Spot gold was down 0.4 per cent at US$3,314.27 per ounce, as of 0051 GMT. Bullion…
Read MoreIHH Healthcare unveils S$5 million programme to fund healthcare research and pilot projects
[SINGAPORE] Integrated healthcare provider IHH Healthcare on Friday (Jun 27) announced the launch of a S$5 million programme to fund clinical research and pilot projects across its network. Funds under the Research Grant & Innovation Sandbox programme will be disbursed over five years, empowering IHH clinicians and employees to pursue clinical research and to pilot…
Read MoreImpossible Foods aims to put plant-based burgers on European menus this year
IMPOSSIBLE FOODS hopes to add its plant-based burgers to European menus this year, bringing to a close a six-year quest to enter the world’s biggest market for meat alternatives. It would mark a major breakthrough for the Redwood City, California-based company as industry sales of plant-based meat substitutes shrink in its core American market. Before…
Read MoreStocks to watch: AEM, Aztech Global
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Jun 27): AEM: The semiconductor test solutions provider raised its revenue guidance for its first half ending June to between S$185 million and S$195 million, up from an earlier range of S$155 million to S$170 million. The group on…
Read MoreUS says deal with Beijing will expedite rare earth exports from China
[WASHINGTON] The United States has reached an agreement with China on how to expedite rare earth shipments to the US, a White House official said on Thursday, amid efforts to end a trade war between the world’s biggest economies. President Donald Trump earlier said the United States had signed a deal with China on Wednesday, without providing…
Read MoreChina confirms trade deal framework reached with United States
[BEIJING/WASHINGTON] China confirmed on Friday (Jun 27) details on the framework of a trade deal with the US, saying Washington would lift “restrictive measures” while Beijing would “review and approve” items under export controls. A top priority for Washington in talks with Beijing had been ensuring the supply of the rare earths essential for products…
Read MoreIndia oil law revamp unlikely to draw foreign drillers amid red tape and weak incentives
[SINGAPORE] India’s first rewrite of its 77-year-old oilfield rules kicked in on Apr 15, with New Delhi hoping it’ll help turn around a decade of sluggish output and and ease its growing reliance on imported crude, which stands at over 85 per cent. But analysts say there’s still too much red tape in a system…
Read MoreUK made fewer vehicles for the fifth straight month in May as tariffs bite
[LONDON] Britain’s vehicle production declined from a year ago for the fifth successive month in May, industry data showed on Friday, as factory disruptions and US tariffs weighed on automakers. UK car and commercial vehicle production dropped 32.8 per cent from a year ago to 49,810 units last month, marking the worst percentage drop in…
Read MoreHong Kong’s equity capital markets bounce back in first half, as Shein IPO looms
HONG Kong’s equity capital markets activity roared back to life in the first half of 2025, driven by global investors sharpening focus on China as the city awaits the possible Shein initial public offering in the second half. Big ticket capital raisings and a rush of “A to H” share deals, where companies already listed…
Read More