Posts by Mark Darwin
Gold gains on softer US dollar, Fed decision awaited
Chinese markets are closed for the Labour Day holiday from May 1 to 5 and will resume trade on Tuesday, May 6 Published Mon, May 5, 2025 · 09:18 AM [BENGALURU] Gold prices edged higher on Monday (May 5), helped by a weaker US dollar, while investors awaited more clarity on trade policy between the…
Read MoreStocks to watch: CapitaLand Integrated Commercial Trust, Japan Foods
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (May 5). CapitaLand Integrated Commercial Trust (CICT): The manager of the trust on Friday announced the sale of its stake in the serviced residence component of CapitaSpring. CICT owns a 45 per cent interest in Glory SR Trust, which…
Read MoreJapan says no plan to threaten Treasuries sale in US trade talks
Published Mon, May 5, 2025 · 07:29 AM [TOKYO] Japan has no plans to threaten to sell its US$1 trillion-plus holdings of US Treasuries in trade talks with Washington, its finance minister said on Sunday (May 4), clarifying earlier remarks that the bond holdings could be used as a bargaining chip. “My comments were made…
Read MoreCEOs celebrate Warren Buffett as he calls a close on 5,500,000% run
[NEW YORK] Apple’s Tim Cook called him inspiring. Bank of America’s Brian Moynihan praised his lessons on life and business. JPMorgan’s Jamie Dimon said he’s “everything that is good about American capitalism”. As Warren Buffett called an end to his historic run atop Berkshire Hathaway, luminaries from the technology and banking worlds rushed to praise…
Read MoreEtihad is squeezing outsized luxuries into its smallest aircraft
[DUBAI] When Etihad Airways received its first Airbus A380 jets a good decade ago, the airline furnished the front of the giant double decker with a veritable luxury playground it called the Residence, a three-room layout featuring a double bed, living area and shower cubicle – all with a personal butler on hand. Now the…
Read MoreOpec+ agrees another accelerated oil output hike for June
[LONDON/DUBAI] Opec+, which includes the Organization of the Petroleum Exporting Countries and allies such as Russia, has agreed to accelerate oil production hikes for a second consecutive month, raising output in June by 411,000 barrels per day (bpd), the group said on Saturday (May 3), despite falling prices and expectations of weaker demand. Following an…
Read MoreS-Reits rebound 9.5% from Apr 9 lows, tracking volatility in global markets
[singapore] The performance of Singapore-listed real estate investment trusts (S-Reits) in April 2025 was marked by significant movements, reflecting the broader volatility in global markets. The iEdge S-Reit Index declined by 1.9 per cent over the month, slightly outperforming the Straits Times Index, which dropped 2.3 per cent. Furthermore, S-Reits outperformed the FTSE Epra/Nareit Global…
Read MoreShein’s London IPO stalled amid US tariff fallout
[HONG KONG] Shein Group’s initial public offering (IPO) plan has slowed to a crawl as the retailer assesses the impact of US tariffs on its business and awaits regulatory approvals, according to sources familiar with the matter. Enthusiasm for what could be London’s biggest IPO in years has been dwindling, with Shein’s valuation target sinking…
Read MoreUS: Wall Street stocks buoyed by strong economic data, possible US-China trade talks
[NEW YORK] Wall Street stocks advanced on Friday (May 2), notching the second straight week of gains, helped by strong economic data and potential easing of trade tensions between the US and China. The US economy added 177,000 jobs in April, exceeding expectations, while the unemployment rate held steady at 4.2 per cent. The data…
Read MoreYoung Entrepreneurs: The New American Dream
The landscape of entrepreneurship is shifting dramatically, especially among the younger generations. The American Dream, once defined by stable jobs and home ownership, is being transformed by young entrepreneurs who prioritize freedom, flexibility, and personal fulfillment. These trailblazers are not just chasing profits; they’re crafting lifestyles that align with their values and aspirations. In this…
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