Posts by Mark Darwin
Goldman Sachs expects stronger yuan to boost Chinese stocks
The People’s Bank of China has sought to keep the yuan stable and add support to the economy via interest-rate cuts Published Mon, May 26, 2025 · 12:01 PM CHINESE stocks are expected to benefit from further gains in the yuan, which has been showing resilience amid the country’s trade spat with the US, according…
Read MoreCPF extends Great Eastern’s Dependants’ Protection Scheme administrator contract to September 2028
The term life insurance scheme currently covers more than two million Singaporeans and permanent residents, the CPF Board said [SINGAPORE] Great Eastern will continue to administer the Dependants’ Protection Scheme (DPS) for another three years as the Central Provident Fund (CPF) Board has extended its administrator contract until September 2028. The extended contract period will…
Read MoreSingapore’s STI down 0.1% post Trump’s Apple tariff threats; most Asia markets rise
[SINGAPORE] Singapore shares were down at Monday’s (May 26) open while most regional markets traded higher, after US President Donald Trump on Friday threatened tariffs on Apple. As at 9.01 am, the Straits Times Index (STI) slid 0.1 per cent or 4.02 points to 3,878.4. Across the broader market, gainers outnumbered losers 59 to 39…
Read MoreGold remains in long-term uptrend but caution needed
Gold markets have been anything but dull in 2025, but what’s more interesting is that the metal is back in the headlines and climbing higher once again. In recent weeks, gold briefly pushed above the US$3,400 per ounce mark before retreating, as a confluence of geopolitical tensions, global economic uncertainties, and technical signals lured investors…
Read MoreUS dollar tumbles as Trump’s EU tariff talk spurs investor flight
[NEW YORK] The US dollar dropped across the board on Friday (May 23), as investors dumped the currency after US President Donald Trump once again ratcheted up his trade war, recommending that the European Union (EU) be hit with 50 per cent tariffs beginning Jun 1. That rekindled concern about the impact of duties on…
Read MoreEU weighs cutting 20 banks from Swift in new Russia sanctions
The European Union (EU) is considering cutting more than 20 banks from Swift, the international payments system, as well as lowering a price cap on Russian oil and banning the Nord Stream gas pipelines as part of a new sanctions package that aims to increase pressure on Moscow to end its war against Ukraine. The…
Read MoreAdvisory firm Glass Lewis backs Toyota chairman re-election
Toyoda’s position at the automaker has come under scrutiny over governance concerns Published Sat, May 24, 2025 · 01:15 PM [TOKYO] Advisory firm Glass Lewis has recommended shareholders re-elect Toyota Motor chairman Akio Toyoda at this year’s annual general meeting in June. Glass Lewis had recommended that shareholders vote against his re-election the past two…
Read MoreUS: Stocks fall on revived Trump trade war worries
Published Sat, May 24, 2025 · 06:07 AM [NEW YORK] Wall Street stocks fell on Friday (May 23) on renewed trade war fears as US President Donald Trump’s latest tariff threats offset improvements in the US bond market. Trump threatened 25 per cent tariffs on Apple and other smartphone manufacturers whose devices are not built…
Read More5 Investing Mistakes Young Entrepreneurs Should Avoid
Under30CEO is a publication dedicated to young people dreaming big. Since its founding in 2008, the site has been committed to inspiring, educating, and featuring the doers of the world. Led by editor-in-chief, Kimberly Zhang, our editorial staff works hard to make each piece of content is to the highest standards. Our rigorous editorial process…
Read MoreTrump targets Samsung, Apple phones with 25% tariff threat
[WASHINGTON] US President Donald Trump said that the tariffs he threatened against Apple earlier on Friday (May 23) would also be aimed at a wider range of device makers, including Samsung Electronics, to spur them into moving manufacturing of their products to the US. “It would be more,” Trump said when asked at the White…
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