Posts by Mark Darwin
How to Start a Nonprofit
There’s a new generation of young startup founders who are not only chasing unicorns: they’re chasing purpose. Whether it’s addressing food desertification, accelerating educational justice, or combating climate change, more sub-30 founders want to start a nonprofit to make a lasting impact in the world. Starting a nonprofit can feel intimidating, particularly as compared to…
Read MoreUS: Wall Street opens higher as US-Japan trade deal lifts sentiment
Published Wed, Jul 23, 2025 · 09:42 PM [NEW YORK] Wall Street opened higher on Wednesday (Jul 23) after President Donald Trump struck a trade deal with Japan, shoring up expectations of further agreements ahead of the fast-approaching August 1 deadline. The Dow Jones Industrial Average rose 158.7 points, or 0.36 per cent, at the…
Read MoreOUE Reit H1 DPU gains 5.4% to S$0.0098 on capital management, resilient Singapore portfolio
[SINGAPORE] OUE real estate investment trust (OUE Reit) reported a distribution per unit (DPU) of S$0.0098 for the first half ended Jun 30, 2025, up 5.4 per cent from S$0.0093 in the corresponding year-ago period. The growth reflects the manager’s effective capital management and the resilience of its diversified Singapore portfolio, its manager said in…
Read MoreSabana Reit’s H1 DPU rises 26.9% to S$0.017 on higher overall occupancy, sustained positive rental reversions
[SINGAPORE] Sabana Industrial Real Estate Investment Trust (Reit) posted a distribution per unit (DPU) of S$0.017 for the first half of its fiscal year ended Jun 30, up 26.9 per cent from S$0.0134 in the corresponding year-ago period. Total income available for distribution grew to S$21.1 million, up 26.8 per cent from S$16.6 million in the…
Read MoreJapan vows more US rice imports within tariff-free quota
Published Wed, Jul 23, 2025 · 12:34 PM [TOKYO] Japan will import more rice from the United States but within the existing tariff-free quota, Prime Minister Shigeru Ishiba said on Wednesday, stressing Tokyo’s success in protecting the agricultural sector in agreeing a bilateral trade deal. After months of negotiations, the two countries struck a deal…
Read MoreHiap Seng shares soar 75% after Indonesian oil giant Chandra Asri buys 11.9% stake
Shares end Wednesday at multi-year high of S$0.021; future partnership between both companies could be on the horizon, says Hiap Seng CEO Max Tan [SINGAPORE] Indonesian petrochemical producer Chandra Asri has purchased an 11.9 per cent stake in Hiap Seng Industries, giving it a substantial stake in the steel fabrication service provider. Hiap Seng shares…
Read MoreMorgan Stanley faces Finra probe on client-vetting: report
The firm has been working on fixing its client-screening practices after the US Federal Reserve for years raised concerns about risk-management controls in the firm’s wealth-management unit Published Wed, Jul 23, 2025 · 11:31 AM [SYDNEY] Morgan Stanley is being probed by the Financial Industry Regulatory Authority (Finra) over its vetting of clients for risk…
Read MoreChinese hackers exploit Microsoft flaws, US nuclear agency hit
[NEW YORK] Microsoft warned that Chinese state-sponsored hackers are among those exploiting flaws in its SharePoint software to break into institutions globally, with the US agency responsible for designing nuclear weapons now among those breached. In a blog post, the tech giant identified two groups supported by the Chinese government, Linen Typhoon and Violet Typhoon,…
Read MoreRBA seen cutting three more times by early 2026, matching market
[SYDNEY] Economists expect Australia’s central bank will deliver three more interest-rate cuts by early 2026, up from two seen previously, bringing their outlook into line with money market pricing. The Reserve Bank of Australia (RBA) will take its cash rate to 3.1 per cent in the first quarter of 2026, from 3.85 per cent now,…
Read MoreShares in Japanese, South Korean automakers surge on Tokyo trade deal
[TOKYO] Shares of Japanese and South Korean automakers surged on Wednesday after US President Donald Trump announced a trade deal with Tokyo that sources said would include reducing a tariff on Japanese auto imports to 15 per cent, a move that stoked optimism about a similar deal for Seoul. Shares of Toyota, the world’s top automaker by…
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