Posts by Mark Darwin
Trump tariff risks fuel chaotic hunt for gold in London – The Business Times
The risk that US President-elect Donald Trump will impose universal import tariffs is causing fresh turmoil in the global gold market, with a closely watched barometer of bullion demand reaching historic highs in London. In recent weeks, US prices for gold, silver and other metals have surged above other international benchmarks. That comes as major…
Read MoreMicrosoft’s stock revival hinges on showing growth from AI binge – The Business Times
Microsoft has ploughed tens of billions of dollars into artificial intelligence (AI). With its stock struggling, the key question is how quickly those investments can prove to be successful. The worst performer among the Magnificent Seven since hitting a record in July, Microsoft shares have stumbled under the weight of ambitious spending and signs…
Read More24 S-Reits confirm schedule for upcoming earnings season – The Business Times
MORE than half, or 24 Singapore real estate investment trusts (S-Reits) have confirmed that they will unveil financial results or business updates starting this week for their respective periods ended Dec 31, 2024. Among them, 17 S-Reits will report full-year financial results, five will report first half or third-quarter financial year results, and another two…
Read MoreProperty Transfer Made Easy: What’s a Quitclaim Deed?
Ever stumbled on the term quitclaim deed and wondered what it means? You’re not alone. This type of deed is a quick and straightforward way to transfer property from one person to another, but it’s not without its quirks. Unlike other deeds, a quitclaim doesn’t come with any guarantees about the property’s title. So, if…
Read MoreVietnam’s VinFast to roll out two cars in 2025 in India debut – The Business Times
ELECTRIC vehicle (EV) maker VinFast said it plans to begin selling two made-in-India cars in the South Asian country later this year, marking the Vietnamese carmaker’s debut in the world’s third-biggest car market. It, however, did not disclose pricing for the VF6 and VF7 cars it plans to launch in India – a key detail…
Read MoreKimberly-Clark tissue business draws interest from potential buyers – The Business Times
KIMBERLY-CLARK’S potential sale of its international tissue business has attracted interest from companies including Royal Golden Eagle, Brazil’s Suzano and Asia Pulp & Paper, according to people familiar with the situation. The unit could be valued at about US$4 billion, one of the people said, asking not to be identified discussing a private matter. Deliberations…
Read MoreOpenAI finalises ‘o3 mini’ reasoning AI model version, to launch it soon – The Business Times
CHATGPT maker OpenAI has finalised a version of its new reasoning AI model o3 mini and would be launching it in a couple of weeks, chief executive officer Sam Altman said on Friday (Jan 17). The Microsoft-backed company has considered user feedback and, consequently, plans to release the application programming interface (API) and ChatGPT simultaneously,…
Read MoreGold poised for third weekly gain as markets look to Trump inauguration – The Business Times
GOLD prices were pressured by an uptick in the US dollar on Friday (Jan 17), but remained on track for a weekly gain as uncertainties around incoming President Donald Trump’s policies and renewed bets of further rate cuts lifted bullion above the key US$2,700 level. Spot gold eased 0.4 per cent to US$2,701.03 per ounce…
Read MoreUS Supreme Court upholds law banning TikTok – The Business Times
THE US Supreme Court ruled against TikTok on Friday (Jan 17) in its challenge to a federal law that would have required the popular short-video app to be sold by its Chinese parent company ByteDance or banned in the US on Jan 19. The justices ruled that the law, passed by an overwhelming bipartisan majority…
Read MoreFast Company Discusses AI-Enhanced Police Surveillance
The rise of AI-powered surveillance technology in law enforcement transforms how police departments operate across America. As someone deeply concerned about the balance between public safety and civil liberties, I’ve watched with growing interest as companies like Flock Safety pioneer new approaches to crime prevention through automated license plate recognition (LPR) systems. I took some…
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