Posts by Mark Darwin
Nvidia invests US$2 billion more in CoreWeave, offers new chip
The world’s most valuable company has pledged tens of billions of US dollars towards AI companies [WASHINGTON] Nvidia, the dominant maker of artificial intelligence (AI) chips, invested an additional US$2 billion in the cloud computing firm and key customer CoreWeave, marking the latest example of the circular financing deals that have lifted valuations of AI…
Read MoreOUE Reit H2 DPU up 10.6% at S$0.0125
However, revenue falls 4.2% due to no contributions from Lippo Plaza Shanghai, which the Reit had divested [SINGAPORE] The manager of OUE Real Estate Investment Trust (Reit) on Monday (Jan 26) posted a distribution per unit (DPU) of S$0.0125 for the second-half ended December, up 10.6 per cent year on year from S$0.0113. The stronger…
Read MoreLow Keng Huat privatisation crosses 90% threshold
Consistent Record’s final offer of S$0.78 a share is 8.3% or S$0.06 higher than its initial price [SINGAPORE] Mainboard-listed construction and property developer Low Keng Huat (LKH) is set to be privatised, as the offeror has secured 93.84 per cent of the company’s total issued share capital as at Monday (Jan 26). This brings the…
Read MoreMapletree Logistics Trust Q3 DPU falls to S$0.01816
Amount distributable to unitholders declines 8.5% year on year to S$92.7 million in Q3 [SINGAPORE] Mapletree Logistics Trust (MLT) posted a distribution per unit (DPU) of S$0.01816 for the third quarter ended Dec 31. This was a 9.3 per cent decline from the DPU of S$0.02003 in the corresponding year-ago period. In a bourse filing…
Read MoreSoftBank stops talks to buy data centre firm Switch
Published Mon, Jan 26, 2026 · 02:48 PM TOKYO] SoftBank Group has halted talks about an acquisition of US data centre operator Switch, a setback to founder Masayoshi Son’s ambition to roll out Stargate AI infrastructure, according to people familiar with the matter. For months, Son pursued a deal of around US$50 billion for Switch,…
Read MoreSingapore dollar hits 11-year high against greenback
Singdollar breaches 1.27 level to strongest since 2014, driven by intervention rumors [SINGAPORE] The Singapore dollar strengthened to its strongest level against the greenback since late 2014 on Monday (Jan 26). The USD/SGD currency pair slumped to 1.2679 during trading hours on Monday, at 10.40 am Singapore time. Conversely, the Singdollar strengthened to around 0.7887…
Read MoreEmerging Asia lures capital as geopolitics rattle risk appetite
Inflows into North and South-east Asian equities have reached US$3.3 billion so far in January Published Mon, Jan 26, 2026 · 07:45 AM [SINGAPORE] Emerging Asia (EM) is drawing fresh demand as a relative refuge from geopolitical uncertainty elsewhere, even as some immediate risks ease. US President Donald Trump’s decision to pause tariff threats against…
Read MoreAirbus CEO warns of new risks after ‘significant’ trade damage
‘The industrial landscape in which we operate is sown with difficulties,’ says Guillaume Faury Published Sun, Jan 25, 2026 · 08:16 PM [PARIS] The head of Airbus has warned staff that the plane-maker must be ready to adapt to unsettling new geopolitical risks after facing “significant” logistical and financial damage from US protectionism and US-China…
Read MoreSpeculative frenzy catapults silver above US$100/oz
Analysts say rapid nature of precious metal’s gains position it for a major correction Published Sun, Jan 25, 2026 · 06:00 PM [LONDON] Silver prices vaulted above US$100 an ounce on Friday (Jan 23), extending a remarkable 2025 surge into the new year as retail investor and momentum-driven buying added to a prolonged spell of…
Read MoreFear comes to India’s property developers
How much further will the current bout of pessimism run? The answer depends on how the industry boosts its efficiency WITH markets from Tokyo to New York on edge this week, the warning sign flashing around a large Mumbai builder didn’t get much attention. But Indian investors were keeping a close eye. When Oberoi Realty missed analysts’ forecasts for…
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