Posts by Mark Darwin
Stocks to watch: CapitaLand China Trust, Lendlease Global Reit, StarHub
THE following companies saw new developments that may affect trading of their securities on Monday (Dec 9): CapitaLand China Trust (CLCT): The manager has appointed Gerry Chan as its CEO and an executive non-independent director with effect from Jan 1, 2025. The 48-year-old was appointed as deputy CEO on Sep 1. In an exchange filing on…
Read MoreAustralia moves ahead to scrap AT1 bonds after Credit Suisse hit
AUSTRALIA’S banking regulator is pushing ahead to scrap the market for contingent convertible securities, despite some concerns, becoming the first country to phase out the securities that were wiped out after the collapse of Credit Suisse last year. The Australian Prudential Regulation Authority (Apra) said on Monday (Dec 9) it will phase out the use…
Read MoreMark Cuban: From Selling Garbage Bags to NBA Team Owner
Mark Cuban, the renowned entrepreneur and owner of the Dallas Mavericks, recently sat down for an insightful interview to discuss his journey from humble beginnings to becoming a successful businessman and NBA team owner. In this article, we’ll explore Cuban’s early life, his entrepreneurial spirit, and the valuable lessons he’s learned along the way. Early…
Read More10 Things About Credit Card WiFi Symbols
In today’s world, many people use credit cards for their purchases, and with that comes the use of WiFi technology. Understanding the symbols associated with WiFi credit cards can help you make better choices when it comes to your payments. In this article, we will explore ten important things you should know about these symbols…
Read MoreDissident minority investor calls on OCBC to unlock value by distributing Great Eastern stake
The bank says Great Eastern remains integral to its strategy, but a distribution of the insurance unit’s shares may be the most sensible way to resolve its trading suspension FORMER remisier Ong Chin Woo, who fought to unlock value for minority shareholders of Great Eastern earlier this year, has begun the next stage of his…
Read MoreCrude palm oil prices’ bullish momentum may be tested in volatile market
The benchmark Malaysian crude palm oil (CPO) futures contract has been on a steady rally since mid-September 2024. Prices have surged, fuelled by expectations of lower production following the peak harvest season and recent concerns over wet weather and flooding affecting output. Additionally, the anticipation of stronger export demand ahead of key festive seasons has…
Read MoreIntel’s lack of a clear plan makes Wall Street even more bearish
Things were already looking bad for Intel shares this year. But the chipmaker’s sudden ouster of its chief executive officer has led to even more investors throwing in the towel. The stock fell 13 per cent in the five days ending Friday (Dec 6), notching its worst week in three months after Intel abruptly announced…
Read MoreMarco Polo Marine directors boost shareholding
Over the five trading sessions from Nov 29 to Dec 5, institutions were net buyers of Singapore stocks, leading to a net institutional inflow of S$418 million. This inflow has shifted the balance of institutional flow for 2024 back to inflow. Stocks that led the net institutional inflow over the five sessions until Dec 5…
Read MoreLargest Bet Ever Placed in History
In the world of gambling, some bets stand out not just for their size but for the stories behind them. From legendary figures to shocking payouts, these bets have made history and captured the imagination of many. Let’s explore some of the largest bets ever placed, diving into the lives of the gamblers and the…
Read MoreGrocery Budget Percentages by Income
Managing your grocery budget can be tricky, especially when balancing it with your income. Knowing how much of your earnings should go toward food is essential for smart spending. This article explores grocery budgeting based on income and offers practical tips to help you save money while still enjoying nutritious meals. Key Takeaways Aim to…
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