Posts by Mark Darwin
Trump tariffs to decimate China profits: Bloomberg Economics
Most of China’s industries can’t survive US President Donald Trump’s tariffs at current levels, according to a new analysis by Bloomberg Economics (BE). Tariffs now set at roughly 40 per cent compare with average industrial profit margins of about 14.8 per cent in 2024. That gap could prompt more intense price cuts, weakening profits, and…
Read MoreTrump tariffs to decimate China profits: analysis
Most of China’s industries cannot survive US President Donald Trump’s tariffs at current levels, according to a new analysis by Bloomberg Economics (BE). Tariffs now set at roughly 40 per cent compare with average industrial profit margins of about 14.8 per cent in 2024. That gap could prompt more intense price cuts, weakening profits, and…
Read MoreThird-Party Validation: The Secret Weapon for Business Growth
Success in business isn’t just about what you know—it’s about who knows you. I discovered this firsthand during the early days of Hawke Media when a simple Forbes article became the catalyst that transformed my company’s trajectory.When you’re starting out, potential clients have no reason to trust you. You’re unproven, unknown, and competing against established…
Read MoreG20 finance chiefs back central bank independence in first communique since October
[DURBAN, South Africa] Finance chiefs from the Group of 20 countries stressed the importance of central bank independence while pledging to boost cooperation in a communique they issued on Friday after a two-day meeting in South Africa. In their first communique since last October, a month before US President Donald Trump’s election victory paved the…
Read MoreUS: Stocks mixed as indexes struggle to retain record highs
Published Sat, Jul 19, 2025 · 06:09 AM [NEW YORK] Wall Street stocks closed mixed on Friday, with the S&P 500 and Nasdaq struggling to log significant gains as investors awaited further corporate results and remarks by the Federal Reserve chair next week. The Dow Jones Industrial Average slumped by 0.3 per cent to 44,342.19, while the…
Read MoreSingapore shares end week on high; STI up 0.7%
Across the broader market, advancers outnumber decliners 430 to 147, after 2.2 billion securities worth S$1.6 billion change hands [SINGAPORE] The benchmark Straits Times Index (STI) capped a week-long rally to touch a new high on Friday (Jul 18). The STI rose 0.7 per cent or 28.07 points to close at 4,189.50, after hitting an…
Read MoreRHB Bank’s Singapore unit key to regional growth plan, targets
Published Fri, Jul 18, 2025 · 05:34 PM [SINGAPORE] RHB Singapore, part of Malaysia’s fourth-biggest banking group RHB, will be key in driving its regional expansion plans and help meet targets which include hitting a return on equity of 12 per cent by 2027, a senior executive said on Friday (Jul 18). Singapore’s low taxes,…
Read MoreBP to sell onshore wind business in US
BP is seeking to cut cleaner energy investment by more than US$5 billion annually Published Fri, Jul 18, 2025 · 04:21 PM [LONDON] BP said on Friday (Jul 18) it had agreed to sell its onshore wind energy business in the United States, after the British giant shelved its targets for reducing carbon emissions. The…
Read MoreUltra-rare metal rides AI boom as commodities star performer
[SINGAPORE] Thanks to the boom in artificial intelligence (AI), an ultra-rare element you have probably never heard of is one of this year’s best-performing raw materials. Ruthenium, a silvery grey mineral, has eclipsed the headline-grabbing rallies in other commodities such as gold and silver by nearly doubling in price over the past year to US$800…
Read MoreWarburg Pincus-backed data centre operator Princeton Digital bags US$1.3 billion from Stonepeak
[SINGAPORE] Warbug Pincus-backed Princeton Digital Group announced on Friday (Jul 18) that it secured US$1.3 billion in funding from Stonepeak, a New-York based alternative investment firm specialising in infrastructure and real assets. Princeton Digital is a Singapore-headquartered data centre operator, with a portfolio of more than 1.1 gigawatts across 20 data centres in Singapore, Japan,…
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