Posts by Mark Darwin
Damage is done: China exports to US in May see biggest drop since Covid as trade flows reroute to Asean
[SINGAPORE] While the US and China seemed to have avoided a devastating economic conflict with a framework agreement on Wednesday (Jun 11) after two days of intense negotiations, damage to the world’s richest trading relationship has already been done. Based on figures from Trade Data Monitor, Chinese shipments to the US in May plummeted 34.4…
Read MoreDamage is done: China exports to US in May crash most since Covid as trade flows reroute to Asean
[SINGAPORE] While the US and China seemed to have avoided a devastating economic conflict with a framework agreement on Wednesday (Jun 11) after two days of intense negotiations, damage to the world’s richest trading relationship has already been done. Based on figures from Trade Data Monitor, Chinese shipments to the US in May plummeted 34.4…
Read MoreDamage is done: China exports to US in May see biggest drop since Covid as trade flows reroute to Asean
[SINGAPORE] While the US and China seemed to have avoided a devastating economic conflict with a framework agreement on Wednesday (Jun 11) after two days of intense negotiations, damage to the world’s richest trading relationship has already been done. Based on figures from Trade Data Monitor, Chinese shipments to the US in May plummeted 34.4…
Read MoreDeutsche Bank’s deal-making business weaker than expected, CEO says
He says deals will be delayed, not cancelled, on the back of the US’ tariff policies Published Thu, Jun 12, 2025 · 05:59 PM [FRANKFURT] Deutsche Bank’s origination and advisory business is not as strong as the German bank had expected, with companies postponing decisions due to the US’ tariff policies, the bank’s chief executive…
Read MoreSingapore needs to embrace Bitcoin to maintain status as financial hub: Jeremy Tan
[SINGAPORE] Singapore needs to welcome Bitcoin-related businesses to maintain its status as a global financial hub, said retired businessman Jeremy Tan at an event on Wednesday (Jun 11). The 34-year-old rose to prominence last month during the general election as one of just two independent candidates, pulling in 36.16 per cent of the votes in…
Read MoreChina stocks soar on AI, trade hopes. Which are the country’s ‘Terrific 10’ firms?
[SINGAPORE] Chinese stocks have see-sawed since late last year, as investors reacted to factors ranging from government stimulus, artificial intelligence (AI) and US President Donald Trump’s trade tariffs. The Asian giant’s companies had experienced a lengthy bear market in the past few years, with investors flocking to US markets. Last October, Hong Kong’s Hang Seng…
Read MoreAirbus revises up 20-year jet demand forecast despite trade tensions
[PARIS] Airbus revised up its forecast for airplane demand over the next 20 years on Thursday, telling investors and suppliers the air transport industry was expected to ride out the current wave of trade tensions. The European planemaker said it expected the industry it and its US rival Boeing dominate to deliver 43,420 commercial jets between 2025…
Read MoreApac data centre boom straining power grids; reliability key to site selection: report
[SINGAPORE] Surging demand in the Asia-Pacific (Apac) for data centres and other energy-intensive sectors is starting to weigh on power systems across the region, affecting grid reliability and increasing costs. Reliable electricity supply is now a key factor in decisions on where to site and build facilities for data centres, semiconductor and electrical vehicle battery…
Read MoreCapitaLand China Trust to raise 748 million yuan via divestment for C-Reit listing
[SINGAPORE] CapitaLand China Trust (CLCT), a CapitaLand Investment subsidiary, is set to raise up to 748 million yuan (S$134.9 million) through the divestment of CapitaMall Yuhuating, a mature retail asset in Changsha. This is part of its participation in the proposed listing of CapitaLand Commercial C-Reit (CLCR) on the Shanghai Stock Exchange. CLCT will dispose…
Read MoreUS: Stocks rally fades after China trade framework
[NEW YORK] Wall Street stocks finished lower on Wednesday despite positive movement in the US-China trade conflict and a benign US inflation report. Following two days of talks in London, top US and Chinese negotiators announced a “framework” agreement late on Tuesday that included Chinese concessions on rare earth materials and Washington allowing Chinese students to study…
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