Posts by Mark Darwin
‘Attractive valuations:’ DBS says it’s time to buy these industrial S-Reits on easing trade tensions
[SINGAPORE] The tide could soon turn for underperforming industrial Singapore-listed real estate investment trusts (S-Reits) as the sector looks set for a comeback, with attractive opportunities for re-entry, according to a DBS Group Research report on Thursday (Jun 12). Industrial S-Reits have declined by 5 per cent on average in share price since the beginning…
Read MoreAir India crash seen triggering US$475 million in insurance claims
[MUMBAI] India’s deadliest plane crash in more than a decade is set to send shock waves through the aviation insurance industry and trigger one of the country’s costliest claims, estimated at around US$475 million. “This aviation insurance claim could be one of the biggest in India’s history,” said Ramaswamy Narayanan, chairman and managing director at…
Read MoreSamsung is building a hub for patients to share data with doctors
[NEW YORK] Samsung Electronics plans to develop a hub for users to share health data directly with doctors in between visits, stepping up competition in the technology-driven healthcare race. During appointments, doctors often share recommendations or fitness suggestions – but it’s not always easy to remember the guidance. In an interview, Samsung health executive Dr…
Read MoreMichael Saylor shifts to using preferred shares to buy Bitcoin as criticism rises
[NEW YORK] Michael Saylor’s Strategy bought US$1.05 billion in Bitcoin in the last seven days, the third consecutive week in which the cryptocurrency treasury company has used preferred shares exclusively instead of common stock to fund purchases. The company formerly known as MicroStrategy purchased 10,100 Bitcoin from Jun 9 to Jun 15 at an average…
Read MoreTrump Media deepens crypto push with Bitcoin-Ether ETF filing
It offers investors easy, low-cost exposure to the two largest digital assets, providing an alternative to peer-to-peer or digital trading platforms Published Mon, Jun 16, 2025 · 10:38 PM [NEW YORK] Donald Trump’s media company has filed to launch an exchange-traded fund that would invest directly in both Bitcoin and Ether, the latest in a…
Read MoreUS: Wall St opens higher as oil prices ease, Fed meeting in focus
Published Mon, Jun 16, 2025 · 09:43 PM [NEW YORK] Wall Street’s main indexes opened higher on Monday (Jun 16) as easing oil prices supported sentiment despite ongoing attacks between Israel and Iran, while investors focused on the upcoming Federal Reserve meeting. The Dow Jones Industrial Average rose 102.3 points, or 0.24 per cent, at…
Read MoreOpec sees solid second-half of 2025 for world economy, trims 2026 supply
Published Mon, Jun 16, 2025 · 08:43 PM [LONDON] Opec on Monday (Jun 16) said it expected the global economy to remain resilient in the second half of this year despite concerns about trade conflicts and trimmed its forecast for growth in oil supply from producers outside the wider Opec+ group in 2026. In a…
Read MoreTrump family in phone service licensing deal, touts a US$499 device
[NEW YORK] Donald Trump’s family business licenced its name to launch a US mobile service and a US$499 smartphone on Monday (Jun 16), calling it Trump Mobile, in the latest deal brokered by the president’s children to capitalise on his last name while he is in office. The new mobile venture, announced at Trump Tower…
Read MoreApple risks fresh EU charge sheet over App store curbs
[BRUSSELS] Apple is edging towards another charge sheet from European Union antitrust watchdogs unless it quickly fixes alleged violations of a new digital law that led to a 500-million euro (S$741.2 million) fine earlier this year. With the clock running down on a deadline that elapses on Jun 26, officials are prepared to hand the…
Read MoreTotalEnergies raises Malaysian gas stake in partnership with Petronas
Published Mon, Jun 16, 2025 · 05:12 PM [KUALA LUMPUR/PARIS] French energy giant TotalEnergies has acquired further stakes in Malaysian gas assets from the country’s national producer Petronas, CEO Patrick Pouyanne said on Monday (Jun 16). The French energy company has been expanding its presence in gas in Asia, where it sees greater potential for…
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