Posts by Mark Darwin
Europe: 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…
Read MoreEricsson expands manufacturing in India to make antennas
The company expects to export a significant portion of the antennas manufactured in India after meeting domestic needs Published Tue, Apr 22, 2025 · 04:50 PM [STOCKHOLM] Sweden’s Ericsson is planning to manufacture all its telecom antennas for the Indian market in the South Asian country, the company said on Tuesday (Apr 22). Demand from…
Read MoreSabana Reit unitholders vote against resolution to initiate price discovery process at EGM
[SINGAPORE] A resolution tabled by some unitholders of Sabana Industrial Real Estate Investment Trust (Sabana Reit), aimed at initiating a price discovery process with a view to selling the Reit’s properties, failed to pass at an extraordinary general meeting (EGM) held by its manager on Tuesday (Apr 22). The resolution, which was tabled by former…
Read MoreGlobal shipping navigates Trump tariffs uncertainty
[PARIS] Shifting trade announcements have led to unprecedented volatility in the global shipping industry in recent weeks, with industry players having to constantly adapt to new US tariffs. Cargo ships put to sea half empty, fluctuating freight rates and possible shipping route changes are some of the recent adjustments industry specialists have noted. The global…
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