Posts by Mark Darwin
TSMC sales beat estimates as AI demand soars ahead of US tariffs
Major tech companies, including Alphabet and Meta Platforms, have not revised plans to invest tens of billions of US dollars in artificial intelligence, or talked about a scaleback [TAIPEI] Taiwan Semiconductor Manufacturing Company’s (TSMC) quarterly revenue rose a larger-than-anticipated 42 per cent, reflecting strengthening demand for artificial intelligence (AI) servers and smartphones before US tariffs…
Read MoreTesla’s Saudi Arabia entry puts ‘funding secured’ feud to rest
[RIYADH] Tesla is opening up shop in Saudi Arabia in the latest sign Elon Musk has put to rest a once-bitter feud with one of the kingdom’s most powerful men. The company will showcase its model lineup, plus prototypes of its Cybercab and the humanoid robot Optimus, at a launch event on Thursday (Apr 10)…
Read MoreAsia: Stocks crack higher as Trump delays painful tariffs
[HONG KONG] Asian stocks rocketed on Thursday as investors breathed a huge sigh of relief after Donald Trump announced a pause on crippling tariffs on US partners, with Chinese markets even brushing off his decision to ramp up duties on Beijing to 125 per cent. Equities surged across the board, tracking a blistering performance on…
Read MoreChinese sellers on Amazon to hike prices or exit US as tariffs soar, association says
[SHENZHEN] Chinese companies that sell products on Amazon are preparing to hike prices for the US or quit that market due to the “unprecedented blow” from President Donald Trump’s tariff hikes, the head of China’s largest e-commerce association said. Trump said on Wednesday he would raise tariffs on Chinese imports to 125 per cent from…
Read MoreBusiness Name Protection: Trademark Costs Revealed
When you’re starting a business, protecting your brand is super important. One way to do this is through trademark registration. But how much will it cost? In this article, we’ll break down the various trademark fees involved in the process, so you know what to expect and can budget accordingly. Let’s get into the nitty-gritty…
Read MoreCuckoo Malaysia delays IPO due to volatile global market
The company says it will allow investors who have submitted their applications to withdraw from the initial public offering [SINGAPORE] Household goods maker Cuckoo International (MAL) is postponing its initial public offering (IPO) on the Malaysian stock exchange by two months due to the current global market volatility, according to a statement late Wednesday (Apr…
Read MoreMaNaDr must ensure regulatory compliance regardless of its corporate structure: MOH
[SINGAPORE] The Ministry of Health (MOH) has responded to claims made by MaNaDr chief executive Siaw Tung Yeng about the firm’s corporate structure. Siaw had told the media on Apr 2 that MaNaDr Clinic operates independently as a subsidiary of its holding company Mobile-health Network Solutions and manages its own clinic operations. MaNaDr Clinic’s licence…
Read MoreApple’s iPhone cost could rise 90% if it’s made in US: BOA
[LUTON] It’s possible for Apple to move iPhone production to America, but it would almost double the cost of making the device while creating logistical headaches, according to Bank of America (BOA). “iPhone cost can increase 25 per cent purely on higher labour cost in the US,” BOA analysts led by Wamsi Mohan wrote in…
Read MoreAmazon seeks partners for US$15 billion warehouse expansion plan
[NEW YORK] Amazon.com is considering a US$15 billion warehouse expansion plan for nearly 80 new logistics facilities in US cities and rural areas that would reverse its post-pandemic construction slowdown, according to sources familiar with the matter. The e-commerce company is asking potential capital partners to submit proposals, the sources said, asking not to be…
Read MoreUS: Wall Street mixed at open as China raises tariffs on US goods
[NEW YORK] Wall Street’s main indexes were mixed at the open on Wednesday (Apr 9) after China announced more levies on US goods, retaliating against President Donald Trump’s reciprocal tariffs that took effect earlier in the day. The Dow Jones Industrial Average fell 257.7 points, or 0.68 per cent, at the open to 37,387.91. The…
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