Posts by Mark Darwin
Still ‘more things to be done’ to reap synergies across OCBC: deputy CEO Tan Teck Long
[SINGAPORE] OCBC’s incoming chief executive wants to continue building on the bank’s cross-selling and integration strategy. “We are an integrated financial services group, so there will be synergies to be reaped from working better together,” said Tan Teck Long, deputy CEO and head of global wholesale banking at OCBC, in an interview with The Business…
Read MoreJohor-Singapore SEZ helps southern state beat Singapore, Malaysia’s growth: DBS
[SINGAPORE] The Johor-Singapore Special Economic Zone (JS-SEZ) is showing great potential, based on a DBS report released on Thursday (Sep 4). The Johor state’s economy grew faster than Singapore and Malaysia’s in 2024 and attracted strong foreign investment as a result of the JS-SEZ, accounting for about 61 per cent of all approved investment there…
Read MoreChinese battery maker CATL expects Hungarian production to start by early 2026
The battery maker has been extending its lead in the EV battery market, with a 38% share globally in 2024, up from 36% a year earlier Published Mon, Sep 8, 2025 · 06:44 AM [MUNICH] Chinese battery maker Contemporary Amperex Technology Co Limited’s (CATL) new plant in Hungary is expected to start production by early…
Read MoreOpec+ set to raise oil output further from October: sources
[LONDON/MOSCOW] Opec+ is set to agree to further raise oil output on Sunday (Sep 7) while probably slowing the pace of increases from October compared with recent months because of weakening global demand, Opec+ sources said. Opec+ has reversed its strategy of output cuts from April and has already raised quotas by about 2.5 million…
Read MoreOpec+ agrees further oil output boost from October to regain market share
[LONDON/MOSCOW] Opec+ has agreed to further raise oil production from October as its leader Saudi Arabia pushes to regain market share, while slowing the pace of increases compared with previous months due to an anticipated weakening of global demand. Opec+ has been increasing production since April after years of cuts to support the oil market,…
Read MoreMeta’s backstop is linchpin for US$26 billion AI data-centre deal
[NEW YORK] When Meta Platforms turned to lenders to secure US$26 billion in debt funding for the construction of a sprawling new data centre, one key detail made all the difference in fuelling a heated bidding war for the deal: the technology giant agreed to a special guarantee on the Louisiana complex. The financing is…
Read MoreDisney races to keep promises made in launch of ESPN online
[NEW YORK] Three weeks after ESPN launched an online version of its pay-TV network, parent Walt Disney is racing to cut deals with cable providers so viewers can see all of what’s on the new service. Called ESPN, the sports platform was launched with fanfare on Aug 21, offering the TV network’s programming and more…
Read MoreWhy I Don’t Promise Marketing Miracles (And Neither Should You)
Let me be straight with you. If I claimed I could look at your business and guarantee a 10x return without breaking a sweat, you should be skeptical. Very skeptical. Think about it logically: if generating massive returns were that simple and predictable, why wouldn’t I just buy your business and implement these magical strategies…
Read MoreTop Trump crypto backer Justin Sun says his World Liberty tokens ‘unreasonably’ frozen
[PARIS/BOSTON] Justin Sun, one of the biggest known backers of US President Donald Trump’s World Liberty Financial crypto venture, said on Friday (Sep 5) that his tokens connected to the project had been frozen, without giving further details. Sun had spent at least US$75 million on World Liberty Financial tokens, known as $WLFI, according to…
Read MoreRobinhood, AppLovin, Emcor to join S&P 500 in rebalancing
[NEW YORK] Robinhood Markets has been added to the S&P 500, marking a new phase for the retail trading platform that helped define the pandemic-era boom in individual investing. The company will join the benchmark in the latest quarterly rebalance, S&P Dow Jones Indices said on Friday (Sep 5). AppLovin and Emcor Group will also…
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