Posts by Nathan Pine
Chip design software firms climb as US lifts curbs on China exports
Synopsys, Cadence Design Systems and Siemens together control more than 70% of China’s EDA market Published Thu, Jul 3, 2025 · 06:53 PM [NEW YORK] Shares of Synopsys and Cadence Design Systems jumped in premarket trading on Thursday (Jul 3) after the US lifted export restrictions on chip design software to China, signalling a thaw…
Read MoreInside Tom Cruise’s Epic Romantic History: 3 Marriages and Endless Intrigue
No one does privacy in the public eye quite like Tom Cruise these days. The ageless movie star—though he's 63 as of July 3, to get technical—had his usual blast over the last few months as he… Source link
Read MoreLatest Singapore six-month T-bill cut-off yield down at 1.85%
[SINGAPORE] The cut-off yield on Singapore’s latest six-month Treasury bill (T-bill) tumbled to 1.85 per cent, based on auction results released by the Monetary Authority of Singapore on Thursday (Jul 3). This is a decline from the 2 per cent offered in the previous six-month auction that closed on Jun 19. It is the lowest…
Read MoreMalaysia rate cut bets grow as tariff talks weigh on outlook
[KUALA LUMPUR] Expectations are growing for Malaysia’s central bank to cut interest rates at its policy meeting on Jul 9, which is also the deadline for countries to reach trade deals with the US to avert swingeing tariffs. Bank Negara Malaysia is expected to cut the overnight policy rate next week by 25 basis points…
Read MoreBarclays names several leadership changes in its Asia Pacific investment banking unit
[SINGAPORE] Richard Satchwell has been appointed head of capital markets financing for Asia-Pacific at Barclays, among other key leadership changes within the bank’s Apac Investment Banking business. The change was announced on Thursday (Jul 3). Most recently, Satchwell was country chief executive and and head of investment banking for Barclays Australia For the new role,…
Read MoreAirbus to sell more A330neo jets to Malaysia Airlines: sources
Published Thu, Jul 3, 2025 · 10:17 AM [PARIS] Europe’s Airbus is close to winning an order from Malaysia Aviation Group (MAG) for more A330neo long-haul jets, industry sources said on Wednesday (Jul 2). The parent of flag carrier Malaysia Airlines could announce the deal during a visit to Paris by Malaysian Prime Minister Anwar…
Read MoreOiltek, SEDC Energy in talks on potential role in Sarawak sustainable aviation fuel plant initiative
The programme is in collaboration with sustainable aviation fuel technology provider Sulzer [SINGAPORE] Oiltek announced on Thursday (Jul 3) that it is in talks with Sarawak Economic Development Corporation (SEDC) Energy, the wholly owned subsidiary of SEDC, to explore possibilities of the company’s involvement in its sustainable aviation fuel pilot plant programme. As at Thursday…
Read MoreBan Leong Technologies privatisation offer closes with 96.6% valid acceptances
The offeror, a unit of Nasdaq-listed GCL Global, plans to compulsorily acquire all remaining unacquired shares and delist the company [SINGAPORE] The voluntary unconditional cash offer by video game distributor Epicsoft Asia to take technology products distributor Ban Leong Technologies private closed at 5.30 pm on Wednesday (Jul 2). The offeror, an indirect wholly owned…
Read MoreStocks to watch: Seatrium, Ban Leong, Oiltek, Addvalue
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jul 3): Seatrium: The group has secured a floating storage regasification unit (FSRU) conversion contract from energy company Kinetics. The project will commence in the third quarter of 2025 and involves the conversion of a liquefied natural gas…
Read MoreManagement booted out as Japan’s shareholders flex their muscles in AGMs
[TOKYO] Japan’s annual general meetings in June saw a CEO voted out and an entire board of directors replaced in a sign shareholders are increasingly holding management to account and providing impetus to regulatory moves to boost corporate value and share prices. Authorities in Japan, which is emerging from years of deflation, have ramped up…
Read MoreTesla reports lower car sales, extending slump
[NEW YORK] Tesla reported another hefty drop in auto sales on Wednesday, extending a difficult period amid intensifying electric vehicle competition and backlash over CEO Elon Musk’s political activities. The EV maker reported 384,122 deliveries in the second quarter, down 13.5 per cent from the year-ago period. Shares rallied after the disclosure, which was better…
Read MoreJapan’s bond market faces first 30-year sale since issuance cut
[TOKYO] Japan’s auction of 30-year sovereign notes on Thursday (Jul 3) is shaping up as a barometer of policymakers’ success in quelling debt-market turmoil that pushed yields on the nation’s super-long bonds to record highs in May. Yields have stepped down from their peaks, helped by the Ministry of Finance (MOF) adjusting issuance to sell…
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