Posts by Mark Darwin
Required Licenses: Don’t Get Shut Down
When starting a business, one of the most critical steps is understanding the licensing requirements. A business license is essentially a legal permission that allows you to operate within your specific industry and location. Ignoring these requirements can lead to serious repercussions, including hefty fines and even the closure of your business. In this article,…
Read MoreApple India produces US$22b of iPhones in shift from China
Apple assembled US$22 billion worth of iPhones in India in the 12 months ended March, increasing production by nearly 60 per cent over the previous year in a sign of continued diversification away from China. The Cupertino, California-headquartered company now makes 20 per cent, or one in five, of its prized iPhones in the South…
Read MorePunch-drunk traders across Asia ready for another week of drama
After a week in which Asian stocks posted both their biggest-ever plunge and their largest one-day gain since 2008, investors in the region are working weekends, skipping sleep, interrupting business trips, poring over social media and focusing on short-term trades, alert to the fact that one man at the furthest point away from them on…
Read MoreUS dollar emerges as latest victim of last week’s markets mayhem
The US dollar has emerged as the latest victim of last week’s market turmoil as a worsening global trade war risks derailing US economic growth. A Bloomberg gauge of the greenback tumbled to a fresh six-month low on Friday (Apr 11) after China raised tariffs on all US goods to 125 per cent, effective from…
Read MoreS-Reits’ yields remain compelling for defensive investors amid market volatility
The ongoing uncertainty due to tariffs and trade tensions has caused significant volatility in global markets over the past week, as investors take a risk-off approach. Singapore real estate investment trusts (S-Reits) have not been spared from the weaker sentiment, with a large sell-off last week, even though a temporary reprieve from certain tariffs was…
Read MoreChinese airline delays Boeing jet delivery as tariffs surge
[HONG KONG] China’s Juneyao Airlines is delaying delivery of a Boeing widebody aircraft, according to people familiar with the matter, highlighting how the escalating trade war between Washington and Beijing is driving up the price of big-ticket goods. Juneyao was due to take delivery of the 787-9 Dreamliner, valued at about US$120 million, from the…
Read MoreBusiness Ideas Under $1000
If you’re looking to start a business but don’t have a ton of cash to spare, you’re in luck. There are plenty of low-cost business ideas out there that you can kick off with less than $1,000. Whether you want to work from home, offer a creative service, or dive into e-commerce, there’s something for…
Read MoreGroup of ex-OpenAI employees back Musk’s lawsuit to halt OpenAI restructure
[SAN FRANCISCO] A dozen former OpenAI employees filed a legal brief on Friday (Apr 11) backing co-founder Elon Musk’s lawsuit aimed at keeping the non-profit status of OpenAI, marking the latest development in the dispute over the future of the artificial intelligence (AI) firm. Corporate leaders want to give investors control, drawing a host of…
Read MoreNetflix tests new AI search engine to recommend shows, movies
[LOS ANGELES] Netflix is testing new search technology for subscribers that employs artificial intelligence (AI) to help them find TV shows and movies, expanding its use of the technology. The OpenAI-powered search engine lets customers look for shows using far more specific terms, including the subscriber’s mood, for example, the company said. It will then…
Read MoreRussian oil shipments shift to western tankers as prices slump
[LONDON] A slump in oil prices is allowing Russia’s crude to be carried on tankers owned and insured by western companies, helping tighten the market for those ships around the Atlantic basin. Oil prices have tumbled since US President Donald Trump imposed sweeping tariffs on US trade partners earlier this month. That has driven Russia’s…
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