Posts by Mark Darwin
Hertz wins over Ackman in a bet tariffs will boost value of cars
[NEW YORK] Bill Ackman’s Pershing Square Capital Management has amassed a nearly 20 per cent stake in Hertz Global in a bet on the rental car company’s turnaround plan and that tariffs will boost the value of its vehicles. The firm began buying shares late last year and now has “a 19.8 per cent stake…
Read MoreChina’s murky bankruptcies expose hazards for foreign investors
[CHINA] When a Chinese pork producer filed for bankruptcy in 2019, the news came as a jolt to Alan Hill. The retired Apple executive from Albuquerque had invested about US$100,000 last decade in Dalian Chuming Meat Processing through a US-listed holding company, Energroup Holdings. Chuming had not paid dividends for many years, but it supplied…
Read MoreCurrent Entrepreneurial Marketing: What’s Working Now
Small business owners are seeking low-budget yet effective marketing strategies. The idea is to spend as little as possible for the most positive impact, but judging approaches for their potential success is challenging. Entrepreneurial marketing focuses on allocating funds for the most promising opportunities. Thus, it’s all about putting limited resources to their best use.…
Read MoreCDL answers shareholders’ concerns on NAV-share price gap, board cohesion
[SINGAPORE] City Developments Ltd (CDL), which was recently embroiled in a family power struggle, has responded to questions from shareholders spanning from its share price decline to its replies to queries from the Securities Investors Association (Singapore), or Sias. This was in a bourse filing on Thursday (Apr 17) night, ahead of its annual general…
Read MoreQ&M Dental proposes secondary listing on Bursa Malaysia; issues letter of demand to Aoxin Q&M CEO
[SINGAPORE] Q&M Dental Group is proposing a secondary listing on the main market of Bursa Malaysia. The move would broaden its investor reach and base, as well as potentially increase the liquidity of its shares through separate trading platforms, the Singapore-listed company said in a bourse filing on Thursday (Apr 17) night. It added that…
Read MoreQ&M Dental seeks secondary listing on Bursa; demands 72 million yuan from Aoxin Q&M CEO
[SINGAPORE] Q&M Dental Group is proposing a secondary listing on the main market of Bursa Malaysia. The move would broaden its investor reach and base, as well as potentially increase the liquidity of its shares through separate trading platforms, the Singapore-listed company said in a bourse filing on Thursday (Apr 17) night. It added that…
Read MoreToyota meets “aggressive” Apac entry of China carmakers with more EVs – but also combustion engines
[SINGAPORE] Facing fierce regional competition from Chinese carmakers, Japanese automotive giant Toyota is banking on a strategy of continuing to offer combustion engine cars alongside ramped-up electric vehicle (EV) launches. Offering this range allows the company to adapt to each of its markets, said Toyota Motor Asia vice-president Preston Tan in an interview with The…
Read MoreJapan’s Nikkei notches best week in 3 months on trade deal hopes
[TOKYO] Japan’s Nikkei share average rose 1 per cent on Friday (Apr 18) to clock its best week in three months, as investors turned more hopeful that US President Donald Trump would be able to broker trade deals with some of its top trading partners, including Japan. The Nikkei touched a two-week high of 34,758.97…
Read MoreThailand kicks off process to pick new central bank governor
[BANGKOK] Thailand named a panel to pick a new central bank chief, kickstarting a months-long process to find a successor to incumbent governor Sethaput Suthiwartnarueput, whose rocky five-year tenure comes to an end in September. Finance Minister Pichai Chunhavajira has appointed former bureaucrat Sathit Limpongpan to chair the seven-member selection committee, said Pornchai Thiraveja, a…
Read MoreBusiness Websites That Actually Make Money
In today’s digital age, creating a business website can open up a world of opportunities for generating income. Whether you’re looking to sell products, offer services, or share valuable content, the internet is filled with ways to make money online. This article will explore various types of business websites that can be profitable, along with…
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