Posts by Mark Darwin
Morgan 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…
Read MoreJapan launches anti-dumping probe into stainless steel sheets from China, Taiwan
Published Wed, Jul 23, 2025 · 08:12 AM [TOKYO] Japan has launched an anti-dumping investigation into nickel-based stainless cold-rolled steel sheets and strips imported from China and Taiwan, its trade and finance ministries said on Tuesday. The move follows a petition filed on May 12 by Nippon Steel and other domestic manufacturers, who claim they…
Read MoreMAS’ S$5 billion investment fund set to lift undervalued, small-cap stocks: analysts
[SINGAPORE] Market reaction to the appointment of the first three asset managers to tap Singapore’s S$5 billion Equity Market Development Programme (EQDP) on Monday (Jul 21) has been largely optimistic. But analysts caution that the initiative’s success in spurring the equities market will depend on how these managers execute the mandate and utilise resources for…
Read MoreEurope: Shares end lower as corporate results, trade anxiety weigh
EUROPEAN shares settled lower on Tuesday, with German equities logging their biggest one-day drop in two months as a batch of disappointing corporate reports and dimming prospects of a US-European Union trade deal weighed on sentiment. The pan-European Stoxx 600 index closed 0.41 per cent lower at 544.34, with Germany’s DAX logging a 1.1 per cent drop, easing…
Read MoreHow to Get a Loan in Atlanta Without a Perfect Credit Score
A personal loan might help you tackle that long-awaited home repair, afford a special celebration like a wedding or fill a hole in your budget due to an unforeseen emergency. While it might seem like a loan is only available to people with strong credit scores, there are ways to get accepted for loans in…
Read MoreDFI Retail Group posts 38.9% rise in H1 underlying profit, pays special dividend of US$0.443 a share
[SINGAPORE] Supermarket and retail store operator DFI Retail Group’s underlying profit rose 38.9 per cent to US$105 million for the first half ended Jun 30, from US$75.6 million in the same period the year before. This comes even as half-year revenue inched down to US$4.39 billion from US$4.4 billion in the previous corresponding period. …
Read MoreOpenAI, Oracle to add 4.5GW US data centre capacity in AI expansion
Published Tue, Jul 22, 2025 · 07:41 PM [SAN FRANCISCO] OpenAI and Oracle announced they will develop 4.5 gigawatts of additional US data centre capacity in an expanded partnership, furthering a massive plan to power artificial intelligence workloads. OpenAI has yet to name the data centre sites it will codevelop with Oracle, but states including…
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