Posts by Kim Browne
Hong Kong pitches itself as assembly base for China EV makers
[HONG KONG] Hong Kong is in talks with several Chinese electric-vehicle (EV) makers to establish local EV manufacturing, according to people familiar with the matter, as the financial hub looks to advanced industries to diversify its ailing economy. The city’s officials aim to develop an EV assembly base – a relatively complex process requiring advanced…
Read MoreIndia tweaks IPO rules to allow easier listing for big firms
[MUMBAI] India’s securities market regulator on Friday (Sep 12) made it easier for very large private companies to go public in one of the world’s top destinations for first-time share sales this year. Companies with market capitalisation of more than five trillion rupees (S$72.9 billion) can now make an initial public offering (IPO) of as…
Read MoreBusiest IPO week since 2021 mints US$4 billion for 6 newcomers
[NEW YORK] The initial public offering (IPO) market kicked into high gear this week, with sextet of deals raising more than US$4 billion in the busiest period since 2021. While five of the six initial public offerings worth at least US$290 million priced above their marketed ranges, subsequent performances were mostly uninspiring – a sign of…
Read MoreBrazil Stopped Its Trump. It’s Pathetic that We Couldn’t Stop Ours.
Republicans obviously deserve blame too, particularly the Supreme Court’s 2024 ruling that defined much of what Trump did after the 2020 election as official acts of the president and therefore not subject to prosecution. It’s worth noting that the United States was particularly ill-equipped to punish an anti-democratic president because we, unlike most other democracies,…
Read MoreTop 10 Most Popular Fall Outfits – Southern Curls & Pearls
Fall outfits are my absolute favorite to pull together!! There’s just something about boots, cozy sweaters, and that crisp morning air that makes getting dressed feel fun again. I’ve been slowly easing into fall style over here (even if the weather isn’t quite cooperating yet), and rounding up some easy outfit ideas that I’ve either…
Read MoreGenocide in Gaza?
Of course, the situation in Gaza is dynamic, and due to actions on the part of the Israeli government and its military, much of the population there is now on the verge of mass starvation. At the start of Hitler’s reign, which killed some six million Jews, the Jewish population of Europe was approximately 9.5…
Read MoreTrump’s Best Allies Are His Biggest Weakness
Donald Trump was lustily booed at the U.S. Open in New York, and his excursion to one of D.C.’s despots’ club restaurants was interrupted by chanting protesters. But the opposition to the president extends well beyond the Acela corridor. As CNN’s Harry Enten noted this week, Trump’s approval rating is plummeting and he’s now “underwater…
Read MoreOpenAI to share 8% of its revenue with Microsoft, partners, The Information reports
[BENGALURU] OpenAI has projected that by the end of the decade it will be sharing about 8 per cent of its revenue with commercial partners, namely Microsoft, down from the current 20 per cent, The Information reported on Friday (Sep 12). The difference between those figures adds up to more than US$50 billion in additional…
Read MoreEmerging market investor inflows are a 2026 story, BOA says
[HONG KONG] Emerging markets are likely to receive heavier inflows early next year as more evidence on the resilience of these economies fuels a further shift from US assets, according to Bank of America (BOA). “People will become much more bullish early next year when they get the confirmation that impact of trade tensions on…
Read MoreUS penalises two Chinese companies that acquired tools for chipmaker SMIC
[NEW YORK] The US on Friday (Sep 12) penalised two Chinese firms that acquired US chipmaking equipment for China’s top chipmaker Semiconductor Manufacturing International Corporation (SMIC), including them among 32 entities that were added to the Commerce Department’s restricted trade list, according to a US government posting. Twenty-three of the 32 were in China. GMC…
Read MoreDrugmakers fall on report US to claim Covid shot killed kids
[WASHINGTON] Vaccine makers’ shares fell after a report that US President Donald Trump health officials plan to link Covid shots to the deaths of around two dozen children in a presentation to advisers to the Centers for Disease Control and Prevention (CDC) next week. The Washington Post reported Friday (Sep 12) that a group of…
Read MoreOil gains weighed down by US demand worries
[HOUSTON] Oil prices rose on Friday (Sep 12) after a Ukrainian drone attack suspended loadings from the largest port in western Russia, but gains were capped by concerns about US demand. Brent crude futures settled at US$66.99 a barrel, up 62 cents or 0.9 per cent. US West Texas Intermediate crude finished at US$62.69, a…
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