Posts by Mark Darwin
Gold falls as trade talks, easing tensions affect haven demand
Published Mon, May 12, 2025 · 07:33 AM [SINGAPORE] Gold fell as its haven status was affected by signs of progress in trade talks between US and China, along with some relief to geopolitical tensions. Bullion fell as much as 1.4 per cent in early trading in Asia, following a weekly gain of 2.6 per…
Read MoreInvestors seeking emerging currency bargains zero in on Asia
[SINGAPORE] After years of coming second to popular Latin American carry trades, Asian currencies are finding their cheapness has become an asset as traders seek to capitalise on the dollar’s eroding premium status. Currencies such as South Korea’s won, the Indonesian rupiah, and the Indian rupee rank among the most undervalued in emerging markets relative…
Read MoreGreenback set for weekly gain amid US trade deal optimism
THE US dollar was on track for a weekly gain against major currencies, including the Swiss franc, yen and euro on Friday (May 9), after a US-UK trade deal increased optimism about upcoming US-China talks. Financial markets headed into the weekend with the focus squarely on the ongoing trade negotiations between Washington and Beijing in…
Read MoreAlphabet shares take US$138 billion blow as search warnings blare
FOR more than a year, Alphabet shareholders have fretted over long-term risks posed by artificial intelligence (AI) to the company’s money-printing search business. Last week the threat became much more immediate. Court testimony from an Apple executive on Wednesday (May 7) revealed that the iPhone maker is exploring adding AI services to its Web browser…
Read MoreCATL to raise at least US$4 billion from Hong Kong listing: sources
[HONG KONG] Chinese battery maker CATL is launching its Hong Kong public offering on Monday (May 12), aiming to raise at least US$4 billion at about a 5 per cent discount to its domestic share price, three people with knowledge of the deal said on Sunday. CATL’s Shenzhen-listed shares last traded at 248.27 yuan on…
Read MoreDirector filings across financials, real estate and Singapore’s largest private dental group
OVER the five trading sessions from May 2 to May 8 institutions were net buyers of Singapore stocks, with net institutional inflow of SS$123 million, adding to the S$56 million of net inflow for the preceding four sessions. This brings the net institutional outflow for the 2025 year to May 8 to S$1.61 billion. Institutional…
Read MoreFederal Reserve’s Cook warns tariffs could lower productivity, feed inflation
Published Sat, May 10, 2025 · 08:28 AM [PALO ALTO, California] President Donald Trump’s unfolding trade policy may curb US productivity and possibly require higher interest rates to contain inflation in a less efficient economy, Federal Reserve governor Lisa Cook said on Friday. “I expect to see a drag on productivity in the near term stemming…
Read MoreEx-Fed’s Warsh highlights a path to lower rates, takes a fresh dig at the Fed
[PALO ALTO, California] Kevin Warsh, an apparent frontrunner to be US President Donald Trump’s pick to be the next chair of the Federal Reserve, on Friday suggested a possible pathway to the lower policy rates that Trump has repeatedly pressed the current Fed Chair Jerome Powell to deliver, and delivered a fresh dig at the Fed‘s conduct of monetary…
Read MoreUS: Dow, S&P 500 edge lower ahead of China trade talks
Published Sat, May 10, 2025 · 06:07 AM [NEW YORK] The Dow and S&P 500 edged lower on Friday following a low-key session as markets awaited weekend US-China trade talks. US President Donald Trump said an 80 per cent tariff on China “seems right” in a post on social media. The world’s two biggest economies have…
Read MoreSkip College? These Entrepreneurs Did
Thinking about skipping college to chase your entrepreneurial dreams? You’re not alone. Many successful entrepreneurs without a degree have shown that it’s possible to thrive without traditional education. However, this path comes with its own set of challenges and lessons. Let’s dive into the stories of those who took the leap and explore what it…
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