Posts by Mark Darwin
Trump to announce 25% steel, aluminium tariffs in latest trade war escalation
US PRESIDENT Donald Trump said on Sunday (Feb 9) that he will announce on Monday new 25 per cent tariffs on all steel and aluminium imports into the US, which would come on top of existing metals duties in another major escalation of his trade policy overhaul. Trump, speaking to reporters on Air Force One,…
Read MoreBP faces pivotal moment as activist investor Elliott enters fray
BP’S dramatic under-performance compared with other oil majors has reached a crunch point – a looming showdown with one of the world’s most aggressive activist investors. Elliott Investment Management, led by Paul Singer, has built a significant stake in the British energy giant, typically the first step in a playbook it has deployed to successfully…
Read MoreThaiBev to still dominate domestic alcohol market: analysts
High barriers to entry for small producers and entrepreneurs abound, including time needed to build up networks, maintain quality control THAILAND’S Lower House recently passed a Bill to promote liquor production by small distilleries and breweries, in a move designed to loosen the grip of the kingdom’s dominant liquor players. But market watchers believe that…
Read MorePropNex leverages technology to build business moat as it strives to stay ahead
This includes a service that enables its agents to send personalised reports each quarter to past customers to update them on information relevant to their properties “THIS year is going to be a good year,” said PropNex executive chairman and chief executive officer Ismail Gafoor, right at the start of his interview with The Business…
Read MoreCash-rich PropNex could sweeten shareholder returns with special dividend
Market leader is leveraging technology to build business moat as it strives to stay ahead “THIS year is going to be a good year,” said PropNex executive chairman and chief executive officer Ismail Gafoor, right at the start of his interview with The Business Times. The real estate agency is bullish about its prospects this…
Read MoreGreenback rises on mixed jobs report and trade war threat
THE US dollar rose in choppy trading on Friday (Feb 7) after data showed that US job growth slowed in January but that the unemployment rate edged down to 4 per cent, giving the US Federal Reserve cover to hold off cutting interest rates until at least June. The US currency was also boosted by…
Read MoreHutchison Port Holding Trust H2 DPU falls 6.5% to HK$0.072
HUTCHISON Port Holding Trust (HPH Trust) posted a distribution per unit (DPU) of HK$0.072 for the second half of the year ended Dec 31, 2024, down 6.5 per cent from HK$0.077 in the corresponding year-ago period, said its trustee-manager in a bourse filing on Friday (Feb 7). This will be paid on Mar 28, after…
Read MoreCalifornia Dream Business: Your Step-by-Step LLC Guide
Starting a California LLC can feel like a big task, but it’s totally doable if you break it down into steps. From picking the right name to understanding the legal stuff, each part is important. This guide is here to help you through the process, making it easier to start and grow your dream business…
Read MoreDirectors raise interests in S-Reit & property trust sector
OVER the five trading sessions from Jan 31 to Feb 6, institutions were net sellers of Singapore stocks, leading to net institutional outflow of S$169 million. This brings the net outflow for the 2025 year to Feb 6, to S$697 million. Institutional flows The stocks that led the net institutional outflow over the five sessions included…
Read MoreDirectors raise interests in S-Reit and property trust sector
OVER the five trading sessions from Jan 31 to Feb 6, institutions were net sellers of Singapore stocks, leading to net institutional outflow of S$169 million. This brings the net outflow for the 2025 year to Feb 6, to S$697 million. Institutional flows The stocks that led the net institutional outflow over the five sessions included…
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