Posts by Mark Darwin
Small Business Gold Mines: Most Profitable Ideas for 2025
Are you thinking about diving into the gold business in 2025? The opportunities are vast and varied. From mining to jewelry making, gold forums to recycling, there’s a goldmine of profitable businesses waiting to be explored. Whether you’re a seasoned entrepreneur or just starting out, this guide will walk you through the most promising ideas…
Read MoreSamsung warns of slow AI chip sales in Q1, hurt by US restrictions on China
SAMSUNG Electronics on Friday warned of sluggish sales of its artificial intelligence chips in the current quarter due to U.S. export restrictions to China, and as it worked towards launching an improved version of its high-end chips. Advanced chips used for AI have been the bright spot in the weak memory chip market, but rival…
Read MoreDBS signs mandates for Singapore listings with potential valuations of US$1 billion
DBS, South-east Asia’s biggest bank, has several listings lined up for the Singapore market, including some potential blockbusters with valuations of US$1 billion. Clifford Lee, the global head of investment banking at DBS, said the bank is in talks with IPO candidates that were earlier keen on a US listing but are now reconsidering Singapore. …
Read MoreCCCS gives conditional OK to expanding SIA-Lufthansa JV to step up air passenger services in more markets
THE Consumer Commission of Singapore (CCCS) has conditionally approved the proposed expansion of a 2016 joint venture between Singapore Airlines (SIA) and Lufthansa, which would give a boost to tourism in Singapore, among other benefits. It would widen the geographic scope of a joint venture that the CCCS cleared in 2016, under which SIA and…
Read MoreGold hits record high as Trump tariff threats aid haven demand
Gold rose to a record high as investors flocked to safety after US President Donald Trump reiterated threats to impose tariffs on Mexico and Canada. Bullion briefly topped US$2,800 an ounce for the first time ever on Friday (Jan 31) after jumping 1.3 per cent on Thursday and blowing past the previous all-time peak set…
Read MoreSamsung Electronics posts 129.85% jump in Q4 operating profit
SAMSUNG Electronics said on Friday its operating profits surged 129.85 per cent year-on-year in the fourth quarter of 2024, but fell from the previous quarter as it struggled to meet demand for chips used in artificial intelligence servers. The company is the flagship subsidiary of South Korean giant Samsung Group, by far the largest of the family-controlled…
Read MoreStocks to watch: Singtel, SIA
THE following companies saw new developments that may affect trading of their securities on Friday (Jan 31):
Read MoreSoftBank in talks to lead OpenAI funding round at US$300 billion valuation, sources say
SOFTBANK is in talks to lead a funding round of up to US$40 billion in OpenAI at a post-money valuation of US$300 billion, sources told Reuters, in what could be the largest ever single funding round for a private company. SoftBank has offered a term sheet that would value OpenAI at a pre-money valuation, meaning…
Read MoreApple profit tops Wall Street target even as iPhone, China sales fall short
APPLE beat Wall Street’s quarterly profit estimates on Thursday, but iPhone sales and China revenue for the holiday quarter were weak due to stiff Chinese competition and a slow rollout of artificial intelligence features. The company’s overall sales and profits were boosted by stronger-than-expected sales of iPads and Macs, where new chips helped persuade customers to…
Read MoreRethinking Centurion’s role in housing workers
There is a case for shrinking the private sector’s involvement in areas such as their accommodation and healthcare REAL estate investment trust (Reit) investors here are already spoilt for choice in terms of property asset classes. Soon, they may also get exposure to workers accommodation assets. Think of the stable demand for housing the army…
Read More