Posts by Mark Darwin
Stocks to watch: Sembcorp, CDL, Frasers Property, Sabana Reit, ValueMax – The Business Times
THE following companies saw new developments that may affect trading of their securities on Monday (Jan 20). Sembcorp Industries: The energy and urban development company, through its subsidiaries Sembcorp Green Hydrogen India and Sembcorp Development, signed two non-binding memorandums of understanding (MOUs) with the state government of Odisha, on Friday. The company said the signing…
Read MoreBYD’s supply chain financing masks ballooning debt: GMT – The Business Times
BYD’S reliance on financing from working capital has masked surging debt levels at the Chinese electric vehicle (EV) giant, according to calculations from Hong Kong-based GMT Research. While it’s common for fast-growing firms to use debt to fuel expansion, BYD appears “addicted” to supply chain financing, GMT, an accounting consultancy that previously raised the alarm…
Read MoreFinancing costs will come under scrutiny as S-Reits report results amid Trump’s inauguration, interest rate decisions – The Business Times
iIndustry watchers believe most of the S-Reits are already facing near “peak” interest rates, and expect financing costs to decline from this year RESULT announcements for Singapore-listed real estate investment trusts (S-Reits) for the quarter ended December 2024 – expected over the next few weeks – could not come at a more interesting time. The…
Read MoreGold expected to continue bullish trend – The Business Times
GOLD price has been on a steady uptrend since hitting a low of US$1,614 per ounce in October 2022. Over the past two years, the precious metal has consistently climbed and carved out higher lows, before culminating at an all-time high of US$2,790 on Oct 31, 2024. As of now, gold is trading around US$2,715,…
Read MoreCanadian dollar approaches December low on tariff concerns – The Business Times
THE Canadian dollar weakened against its US counterpart on Friday (Jan 17), with the currency approaching a multi-year low it hit in December as the looming US presidential inauguration focused attention on expected trade tariffs. The loonie was trading 0.5 per cent lower at 1.4460 per US dollar, or 69.16 US cents, after trading in…
Read MoreEY Entrepreneurs Access Network to begin accepting applications for 2025 cohort
The EY Entrepreneurs Access Network (EAN), a business accelerator program to support Black and Hispanic/Latino entrepreneurs, will begin accepting applications for its 2025 cohort on June 14, 2024. Established in 2019, the program aims to bridge the disparity gap faced by these entrepreneurs and help them navigate systemic financial and institutional barriers to achieve broad-scale…
Read MoreTrump 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…
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