Posts by Mark Darwin
Adidas plans 1-billion-euro share buyback after profits jump
Published Fri, Jan 30, 2026 · 11:19 PM [FRANKFURT] Adidas reported stronger-than-expected fourth-quarter profits and announced a fresh share buyback, as it looks to maintain its momentum with retro sneakers – alongside new running and football products. The German sportswear company generated operating profit of 164 million euros (S$247.9 million) in the fourth quarter, it…
Read MoreWall Street opens lower after Trump picks Fed critic Kevin Warsh to succeed Jerome Powell
Published Fri, Jan 30, 2026 · 10:51 PM [NEW YORK] US stocks opened lower on Friday (Jan 30) after US President Donald Trump nominated former Federal Reserve governor Kevin Warsh to head the US central bank, as traders mulled over the monetary policy path under the new Fed leadership. At 09:30 am ET, the Dow…
Read MoreHong Kong regulator ramps up warnings over poor IPO filings
Securities and Futures Commission flags that teams are unfamiliar with regulatory requirements and lack the experience to handle applications Published Fri, Jan 30, 2026 · 08:18 PM [HONG KONG] Hong Kong’s market regulator stepped up warnings to investment banks over filing sloppy applications for share sales as listings boom. In a circular issued on Friday…
Read MoreYuan set to extend decade‑long win streak into Lunar New Year
Published Fri, Jan 30, 2026 · 04:23 PM [BEIJING] The Chinese yuan, riding its longest weekly rally in more than a decade, is expected to strengthen further as exporters boost demand for the currency ahead of the Lunar New Year. Companies typically step up dollar‑to‑yuan conversions before the country’s holiday season, said Li Liuyang, chief…
Read MoreGold retreats as reports on Trump’s Fed nominee boost dollar
Published Fri, Jan 30, 2026 · 12:17 PM GOLD fell, following its first drop in nearly two weeks, as the US dollar strengthened after a report the Trump administration is preparing to nominate Kevin Warsh for Federal Reserve chair. Bullion retreated as much as 4.8 per cent on Friday, having gained as much as 1.4 per…
Read MoreMapletree Pan Asia Commercial Trust Q3 DPU rises 2.5% to S$0.0205
[SINGAPORE] Mapletree Pan Asia Commercial Trust (MPACT) on Friday (Jan 30) posted a distribution per unit (DPU) of S$0.0205 for the third quarter ended Dec 31. It will be paid on Mar 18. This was 2.5 per cent higher from the year-ago period when its DPU stood at S$0.02. In a bourse filing, the manager reported…
Read MoreThe Complete Guide to Launching on Product Hunt (For First-Timers)
You finally have something real. Not a side-project sketch or a half-working demo, but a product people can actually use. Now someone suggests, “You should launch on Product Hunt.” You nod, open the site, see the leaderboard, and immediately feel behind. Do you need a big audience? A famous hunter? A perfect landing page? For…
Read MoreBitcoin drops below US$86,000 as traders retreat from risk assets
Published Fri, Jan 30, 2026 · 12:20 AM [NEW YORK] Bitcoin dropped below US$86,000 for the first time in about six weeks amid a pullback in risk assets. The largest cryptocurrency slipped as much as 4.7 per cent to US$85,105, the lowest price since Dec 19. Smaller digital assets fell more, with Ether, Doge, Cardano…
Read MoreIndia’s Bharat Petroleum plans Singapore trading hub to cut costs and boost margins
Published Thu, Jan 29, 2026 · 08:08 PM [MUMBAI] India’s Bharat Petroleum Corp (BPCL) will open a trading office in Singapore next month, as the state-owned refiner seeks to become more flexible in its feedstock procurement process and reduce costs to boost processing margins, chairman Sanjay Khanna said on Thursday (Jan 29). The Mumbai-based refiner’s…
Read MoreBursa Malaysia Q4 net profit falls 11.8% to RM60.8 million amid muted market sentiment
[KUALA LUMPUR] Bursa Malaysia ended 2025 with lower revenue and profit as muted sentiment and decreased daily trading dampened securities market performance, the company said in a bourse filing on Thursday (Jan 29). The stock exchange operator registered a net profit of RM60.8 million (S$19.6 million) in the fourth quarter of FY2025, down 11.8 per…
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