Posts by Kim Browne
ST Engineering divests entire equity interest in US-based construction manufacturer LeeBoy for US$290 million
[SINGAPORE] Singapore Technologies Engineering (ST Engineering) on Tuesday (Jun 24) announced that it will be selling its entire equity interest in ST Engineering LeeBoy, a US-based construction equipment manufacturer, for an estimated US$290 million. The net proceeds from the sale will amount to around US$246 million, and will be used for debt repayment, resulting in…
Read MoreChina’s wealth fund pulls plug on US$1 billion private equity sale
[BEIJING] China’s sovereign wealth fund has pulled its planned sale of US$1 billion in US fund stakes tied to some of the biggest names in private equity. Earlier this year, China Investment Corporation (CIC) looked to offload fund positions with firms including Carlyle Group, KKR, and TPG to reduce its US exposure. Months later, it…
Read MoreBlackBerry raises annual revenue forecast on robust demand for cybersecurity services
The Waterloo-based company now sees fiscal year 2026 revenue in the range of US$508 million to US$538 million, up from its earlier forecast of US$504 million to US$534 million Published Wed, Jun 25, 2025 · 07:05 AM [MEXICO CITY] Canada’s BlackBerry raised its annual revenue forecast on Tuesday (Jun 24), anticipating steady demand for its…
Read MoreUS: Iran-Israel ceasefire lifts stocks
[NEW YORK] Wall Street stocks jumped on Tuesday (Jun 24) as an Iran-Israel ceasefire appeared to hold through its first day and oil prices continued their retreat. Major indices spent the entire day in positive territory with both Iran and Israel refraining from new attacks after a barrage of last-minute strikes. With the “de-escalation, the…
Read MoreWatch TNR’s Livestream on America’s Wealth Gap
On Tuesday, June 24, The New Republic hosted a special live event: “Where the Money Is: America’s Obscene Wealth Gap,” a conversation among TNR staff and contributing writers about extreme economic inequality in our country and how it affects our politics. Undoubtedly, Donald Trump and his authoritarian MAGA are a threat to American democracy, but…
Read MoreTurns Out, Trump’s Reckless Iran Strikes Didn’t Achieve Anything
An early U.S. intelligence assessment has determined that Donald Trump’s airstrikes on three Iranian nuclear bases failed to destroy core components of the nation’s nuclear program. The president’s attack, conducted without the express approval of Congress, damaged facilities in Fordo, Natanz, and Isfahan on Saturday. But a battle damage assessment by the Pentagon’s intelligence arm…
Read MoreTrump Must Return Another Wrongly Deported Man as Legal Blows Pile Up
President Trump went on a wordy, meandering rant against Representative Alexandria Ocasio-Cortez after the congresswoman called for his impeachment. “Stupid AOC, Alexandria Ocasio-Cortez, one of the ‘dumbest’ people in Congress, is now calling for my Impeachment, despite the fact that the Crooked and Corrupt Democrats have already done that twice before. The reason for her…
Read MoreRFK Jr. Admits He Knows Nothing About Actually Treating Measles
President Trump went on a wordy, meandering rant against Representative Alexandria Ocasio-Cortez after the congresswoman called for his impeachment. “Stupid AOC, Alexandria Ocasio-Cortez, one of the ‘dumbest’ people in Congress, is now calling for my Impeachment, despite the fact that the Crooked and Corrupt Democrats have already done that twice before. The reason for her…
Read More128 Democrats Helped Republicans Kill a Resolution to Impeach Trump
President Trump went on a wordy, meandering rant against Representative Alexandria Ocasio-Cortez after the congresswoman called for his impeachment. “Stupid AOC, Alexandria Ocasio-Cortez, one of the ‘dumbest’ people in Congress, is now calling for my Impeachment, despite the fact that the Crooked and Corrupt Democrats have already done that twice before. The reason for her…
Read MoreTrump Fails Basic Question About NATO Responsibilities
President Trump went on a wordy, meandering rant against Representative Alexandria Ocasio-Cortez after the congresswoman called for his impeachment. “Stupid AOC, Alexandria Ocasio-Cortez, one of the ‘dumbest’ people in Congress, is now calling for my Impeachment, despite the fact that the Crooked and Corrupt Democrats have already done that twice before. The reason for her…
Read MoreRepublicans Forced to Remove Sale of Public Lands From Budget Bill
President Trump went on a wordy, meandering rant against Representative Alexandria Ocasio-Cortez after the congresswoman called for his impeachment. “Stupid AOC, Alexandria Ocasio-Cortez, one of the ‘dumbest’ people in Congress, is now calling for my Impeachment, despite the fact that the Crooked and Corrupt Democrats have already done that twice before. The reason for her…
Read MoreFrasers Centrepoint Trust prices S$200 million perpetual securities at 3.98%
[SINGAPORE] Frasers Centrepoint Trust’s (FCT) trustee HSBC Institutional Trust Services has priced S$200 million subordinated perpetual securities at 3.98 per cent under its S$3 billion multicurrency debt issuance programme. The securities will be issued in denominations of S$250,000 each, and OCBC has been appointed as the sole lead manager, said FCT’s manager in a bourse…
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