Posts by Mark Darwin
Gold 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…
Read MoreChina orders airlines to suspend Boeing jet deliveries amid trade war
[BENGALURU] China has ordered its airlines not to take any further deliveries of Boeing jets in response to the US decision to impose 145 per cent tariffs on Chinese goods, Bloomberg News reported on Tuesday (Apr 15), citing people familiar with the matter. Shares of Boeing – which looks at China as one of its…
Read MoreUS: Wall Street opens slightly higher as investors assess possible tariff exemptions
Published Tue, Apr 15, 2025 · 09:43 PM WALL Street’s main indices edged up at the open on Tuesday (Apr 15), as investors assessed the possibility of tariff relief for the auto sector after President Donald Trump floated the idea of more exemptions. The Dow Jones Industrial Average edged up 3 points or 0.01 per…
Read MoreSabana Reit reports 26.5% higher Q1 DPU at S$0.0086 on 22% higher NPI
[SINGAPORE] Sabana Industrial Real Estate Investment Trust (Sabana Reit) posted a distribution per unit (DPU) of S$0.0086 for the quarter ended Mar 31, up 26.5 per cent from S$0.0068 in the same period a year ago. This came on the back of 27 per cent higher distributable income, which stood at S$9.8 million at the…
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