Posts by Mark Darwin
Far East Hospitality Trust Q1 net property income falls 8.3% to S$23 million
[SINGAPORE] Far East Hospitality Trust’s (FEHT) net property income fell 8.3 per cent year on year to S$23 million for the first quarter ended March, from S$25.1 million. Gross revenue for Q1 FY2025 decreased 6.8 per cent to S$25.2 million from S$27.1 million. The fall was mainly due to lower master lease revenue from the…
Read MoreVisa earnings top estimates as spending on network stays strong
The company also says at the investor day that it expects its value-added services to account for more than half of total revenue in coming years Published Wed, Apr 30, 2025 · 06:58 AM [NEW YORK] Visa’s fiscal second-quarter earnings beat analysts’ estimates as spending on its payment network remained resilient despite macroeconomic uncertainties. Net…
Read MoreFlexible Workspaces Fueling Productivity Across London
The way professionals approach work is evolving quickly. Traditional offices are being replaced by modern spaces that blend convenience, community, and thoughtful design. In cities like London, where innovation, creativity, and international business intersect, flexible workspaces are becoming an increasingly integral part of everyday professional life. These environments offer more than just Wi-Fi and desk…
Read MoreEurope: Earnings-driven moves take Stoxx 600 to sixth consecutive daily gain
EUROPEAN shares extended gains to a sixth session on Tuesday, with financials giving support following earnings from HSBC and Deutsche Bank, though focus was on how companies are assessing the implications of US tariffs. The pan-European Stoxx 600 index ended 0.36 per cent higher at 525.09 points, with the aerospace and defence index leading gains. Rheinmetall jumped…
Read More“Diamonds in the rough”: New types of M&A players eye smaller SME deals in Singapore, Asean
[SINGAPORE] New types of buyers are emerging for small and medium-sized enterprises (SMEs). Unlike traditional private equity (PE) firms, these niche players are open to smaller deals and have longer, flexible investment horizons to find and polish these hidden, diamonds in the rough. SMEs tend to be overlooked in the mergers and acquisitions (M&A) space.…
Read MoreUS: S&P 500, Nasdaq open lower as investors eye trade developments, earnings
Published Tue, Apr 29, 2025 · 09:43 PM [NEW YORK] The S&P 500 and the Nasdaq fell at the open on Tuesday (Apr 29), while the Dow was flat as investors assessed a mixed bag of corporate earnings and the latest developments in the US-China trade war. The Dow Jones Industrial Average rose 6.4 points,…
Read MoreIReit Global reports higher committed occupancy and stable leverage for Q1 2025
Committed occupancy is marginally higher due to new leases committed within the Spanish portfolio [Singapore] IReit Global reported 88.7 per cent occupancy rate at the end of Q1 2025, up from 88.5 per cent at the end of Q4 2024, in a business update on Tuesday (Apr 29). The committed occupancy was marginally higher due…
Read MoreBusiness Owner Salary: How Much is Too Much?
As a business owner, figuring out how much to pay yourself can be one of the trickiest decisions you face. It’s a balancing act between ensuring you get compensated for your hard work and keeping your business financially healthy. This article will break down various aspects of business owner pay calculation to help you navigate…
Read MoreChina’s Big Five banks post slimmer margins as economic challenges persist
[SHANGHAI/HONGKONG] China’s Big Five lenders reported narrower margins at the end of the first quarter on Tuesday (Apr 29), as profits fell for some on the slowing economy under the shadow of rising tariffs. As the property sector continues to struggle, developer defaults are also weighing. “In the first quarter of 2025, the global economy…
Read MoreWill ComfortDelGro win the point-to-point 2.0 race against Grab?
[SINGAPORE] Grab’s entry into Singapore’s taxi market is likely to give the leading incumbent ComfortDelGro a run for its money. Studies have shown that people who choose to drive taxis are those who want to devote more time to driving for a living. Private-hire car drivers, on the other hand, are a mix of full-time…
Read More