Posts by Mark Darwin
Frasers Hospitality Trust undergoes strategic review
[SINGAPORE] Frasers Hospitality Trust (FHT) is undergoing a strategy review, though there is currently no certainty if its existing business strategy will change. This follows a failed privatisation bid made by managers of the stapled group in 2022 and a trading activity surge in November and December 2024, when the stapled security soared around 40…
Read MoreHuawei’s expansion in smart driving stirs competition, scrutiny
[NEW YORK] Chinese smartphone maker Xiaomi’s pivot into cars has become a high-profile success story. Its SU7 is a hit, forecast to sell 350,000 units this year and even Ford Motor CEO Jim Farley has heaped praise on the model. Less well-known is how rival smartphone maker Huawei Technologies has also cemented a dominant position…
Read MoreMore nominee shareholders, accounts could be detrimental to investor protection
[SINGAPORE] The travails of Dasin Retail Trust (DRT) unitholders continue. From a unit price of around S$0.80 in 2020, the counter’s value has practically evaporated to a paltry S$0.02 as at Apr 21, 2025. The trust’s market capitalisation of around S$16 million is barely enough to buy a starter bungalow. Some of the loss in…
Read MoreEurope: Shares close higher as financials, L’Oreal rise; Fed spat still a worry
[BENGALURU] European shares ended slightly higher on Tuesday (Apr 22) on the back of rising financials and post-earnings gains in L’Oreal, though sentiment remained shaky after US President Donald Trump’s critique of Federal Reserve chair Jerome Powell. The pan-European Stoxx 600 index ended 0.3 per cent higher, well off session lows, with L’Oreal jumping 6.3…
Read MoreUS: Stocks soar on White House optimism on China trade deal, Dow +2.7%
[NEW YORK] Wall Street stocks jumped on Tuesday (Apr 22), rebounding from the prior day’s rout, after upbeat comments from Trump administration officials about US-China trade talks. US Treasury Secretary Scott Bessent told a closed-door event in Washington that the tit-for-tat tariff war would de-escalate soon. Later, White House spokesperson Karoline Leavitt told reporters: “The…
Read MoreHow to Unlock the Full Potential of Digital Process Automation
Digital process automation is a way to eliminate the need for manual effort while improving your ability to achieve your business objectives. As a young entrepreneur, it’s one of the best ways to increase your output and capabilities without necessarily burdening your budget or your schedule. But how exactly are you supposed to unlock the…
Read MoreSales Automation: Robot Takeover or Helper?
In today’s fast-paced business world, companies are constantly looking for ways to streamline their processes and improve efficiency. Sales force automation tools are at the forefront of this movement, promising to help sales teams work smarter, not harder. But with the rise of automation, many people wonder if these tools will replace human sales reps…
Read MoreUS: Wall Street opens higher after selloff
Published Tue, Apr 22, 2025 · 09:43 PM [NEW YORK] Wall Street’s main indexes jumped at the open on Tuesday (Apr 22), as investors turned their focus to corporate earnings after President Donald Trump’s mounting criticism of Federal Reserve Chair Jerome Powell caused a sharp selloff in the previous session. The Dow Jones Industrial Average…
Read MoreBRC Asia signs pact to buy majority stake in Southern Steel Mesh for RM61 million
[SINGAPORE] Steel fabricator BRC Asia said on Tuesday (Apr 22) it has entered into a conditional share purchase agreement to buy a controlling stake of 55 per cent in Southern Steel Mesh. BRC Asia will buy 12.9 million shares from the company’s parent Southern Steel, for a cash consideration of RM61 million (S$18.2 million). The…
Read MoreBitcoin rallies 20% during market turmoil to diverge from tech
[MUMBAI] Bitcoin advanced to the highest level since early March, fueling optimism that the biggest digital token is finally breaking free of a longstanding tendency to move in tandem with US tech stocks. After briefly succumbing to the risk-asset sell-off that followed US President Donald Trump’s announcement of sweeping tariffs on geopolitical allies and…
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