Posts by Mark Darwin
American shoppers flock to Chinese apps on tariff fears
[NEW YORK] Americans are scouring Chinese e-commerce apps for cheap handbags, yoga pants and wallets as shoppers fear homegrown platforms will hike prices due to tariffs. Viral videos touting the high quality, and cheap prices, of goods available on Chinese services have spurred Americans to download apps such as DHgate, which climbed to second place…
Read MoreChina Southern is said to mull Hong Kong IPO of cargo unit
The deal may be coming at a tricky time for the company, which relies on Chinese exports that are under threat because of the country’s trade war with the US Published Wed, Apr 16, 2025 · 12:15 PM [HONG KONG] China Southern Airlines is exploring a Hong Kong initial public offering (IPO) for its cargo…
Read MoreHermes’ market value surpasses that of former suitor LVMH
[PARIS] Hermes’ market capitalisation surpassed that of rival LVMH, the conglomerate which tried to buy the maker of the coveted Birkin bag in a stealth raid that shocked the French corporate world 15 years ago. Hermes International’s valuation reached almost 249 billion euros (S$371 billion) at the close of trading in Paris on Tuesday (Apr…
Read MoreGold hits record high on economic growth concerns
[BENGALURU] Gold prices raced to an all-time high on Wednesday (Apr 16), driven by a weaker US dollar, trade war tensions and concerns over global economic growth due to US President Donald Trump’s tariff plans which led to safe-haven inflows. Spot gold climbed 1.1 per cent at US$3,261.79 an ounce, as at 0028 GMT, after…
Read MoreChina Southern halts sale of Boeing jets on US new-plane freeze
The airline’s move illustrates a knock-on effect from the widening trade standoff, rippling out beyond deals for new products being taxed by the two governments to affect the secondary trade in used aircraft Published Wed, Apr 16, 2025 · 07:47 AM [HONG KONG] China Southern Airlines suspended the sale of 10 used Boeing 787-8 Dreamliner…
Read MoreWine consumption falls heavily into the red
[PARIS] Worldwide consumption of wine fell in 2024 to its lowest level in more than 60 years, the main trade body said on Tuesday (Apr 15), raising concerns about new risks from US tariffs. The International Organisation of Vine and Wine (OIV) said that 2024 sales fell 3.3 per cent from the previous year to…
Read MoreEurope: Shares advance as Trump hints at auto-related tariff relief; LVMH plunges
[BENGALURU] European shares rose on Tuesday (Apr 15) as investors weighed fast-changing US tariff plans, while shares of LVMH slumped after the luxury sector bellwether missed first-quarter sales estimates due to weak sales in the United States and China. The pan-European Stoxx 600 gained 1.6 per cent, with most regional indexes in positive territory. The…
Read MoreA stock that offers shelter from Trump’s mayhem
[SINGAPORE] With global trade under pressure from US President Donald Trump’s tariffs, there could be a significant slowdown in economic activity and big cuts to corporate earnings forecasts in the months ahead. Meanwhile, higher inflation could push bond yields up. So, what’s an investor to do? Thinking long-term goes without saying. Preserving cash for opportunities…
Read MoreLawyer Talk: Make Your First Meeting Count
Meeting with a lawyer for the first time can be a bit daunting. You might feel overwhelmed or unsure about what to expect. But don’t worry! With some preparation, you can make your first legal consultation a productive experience. This article will guide you through the process, from dressing appropriately to crafting the right questions…
Read MoreLHN proposes spin-off, mainboard-listing of co-living business Coliwoo
[SINGAPORE] LHN Group intends to bring its co-living business, Coliwoo Group, public on the Singapore Exchange. The real estate management services group, dual-listed on both the mainboards of SGX and Hong Kong Stock Exchange (HKEX), has submitted applications to both exchanges for the proposed spin-off and separate listing of the shares of Coliwoo on the…
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