Posts by Mark Darwin
Capital-raising focus: Reclaims Global, iWow, Vividthree
Financial services and industrials book the most net institutional outflow from Oct 10 to 16, while telecommunications and healthcare book the most net institutional inflow [SINGAPORE] Over the five trading sessions from Oct 10 to 16, institutions were net sellers of Singapore stocks, with the net institutional outflow of S$167 million partially reversing the S$250…
Read MorePorsche’s new CEO is a luxury leader big on hybrids
The 911 maker is preparing to launch an electric version of the Cayenne in the coming months [BERLIN] Porsche named Michael Leiters its next chief executive officer, tapping a German engineer who has honed his luxury-car skills at McLaren Automotive and Ferrari to steer a turnaround. Leiters, 54, will take over in January from Oliver…
Read MoreHow Doing Good Teaches Students Entrepreneurship
In the next decade, nearly 40% of the skills required for jobs are expected to change, according to the World Economic Forum’s Future of Jobs Report 2025. Automation, AI, and shifting global markets are redefining what it means to be employable. In this landscape, young people need more than academic achievement—they need adaptability, leadership, creative…
Read MoreSalesforce jumps as US$60 billion forecast eases revenue growth concerns
[BENGALURU] Salesforce shares jumped more than 6 per cent in premarket trading on Thursday (Oct 16). This is after the company forecasted faster revenue growth in the coming years, easing concerns that artificial intelligence (AI) tools were eroding demand for its software. The Marc Benioff-led company had posted its first revenue decline in about three…
Read MoreUS: Wall St rises with TSMC results supporting renewed AI optimism
[NEW YORK] Wall Street’s main indexes opened higher on Thursday (Oct 16), driven by an upbeat quarterly update from TSMC that added to investor optimism around AI and extended a rally in chip stocks. The Dow Jones Industrial Average rose 35.8 points, or 0.08 per cent, at the open to 46,289.09. The S&P 500 rose…
Read MorePersistence: The Only True Difference Between Success and Failure
Success isn’t complicated. After years of building businesses and mentoring entrepreneurs, I’ve collected plenty of advice, but the most powerful insight came from an unexpected source: Seth Rogen. His observation cuts through all the noise about success strategies: “The difference between people who make it and people who don’t is the people who made it…
Read MoreIMF warns of dim outlook for world economy hit by rolling shocks
The global economy is expected to grow by 3.2% this year, up from 3% predicted in July [WASHINGTON] The International Monetary Fund warned that the global economy is showing signs of strains from sweeping US tariffs and protectionism – even though it has held up better than expected. The global economy is expected to grow…
Read MoreIndonesia considers further liquidity injection for state banks
Finance minister says government still assessing impact of 200 trillion rupiah liquidity boost for state banks [JAKARTA] Indonesia is considering injecting more liquidity into the country’s state banks, its finance minister said on Monday (Oct 13) after a meeting with economists, bankers and brokerage executives. Purbaya Yudhi Sadewa did not specify the amount, adding that…
Read MoreApple sued over use of copyrighted books to train Apple Intelligence
A separate group of authors sue the company last month for allegedly misusing their work in artificial intelligence training APPLE was hit with a lawsuit in California federal court by a pair of neuroscientists who say that the tech company misused thousands of copyrighted books to train its Apple Intelligence artificial intelligence model. Susana Martinez-Conde…
Read MoreGold’s record run creates new rulebooks for investors
Its soaring run comes as investors bet heavily on US rate cuts and concern grows about the greenback’s role as the world’s top reserve currency [LONDON] Investors are testing well-established views about gold, which is surging to new records, as an artificial-intelligence-driven stocks rally and red-hot Bitcoin force a rethink of what is driving one…
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