Republicans Forced to Remove Sale of Public Lands From Budget Bill

Republicans 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…

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Frasers Centrepoint Trust prices S$200 million perpetual securities at 3.98%

Frasers Centrepoint Trust prices S0 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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Trump Dodges Crucial Question on Iran Ceasefire Agreement

Trump Dodges Crucial Question on Iran Ceasefire Agreement

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…

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“LOSER”: Trump Escalates Beef With Republican Rep Who Called Him Out

“LOSER”: Trump Escalates Beef With Republican Rep Who Called Him Out

Donald Trump just whacked the ball back to Russia with a string of eyebrow-furrowing comments on nuclear arms. On Sunday, deputy chairman of the Security Council of Russia and former Russian President Dmitry Medvedev wrote on social media that Russia’s “production of nuclear weapons” would continue. “A number of countries are ready to directly supply…

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ICE Barbie Kristi Noem Announces Twisted Plan for FEMA Cash

ICE Barbie Kristi Noem Announces Twisted Plan for FEMA Cash

A controversial immigrant detention center under construction in Florida will be bankrolled by the Federal Emergency Management Agency, according to Homeland Security Secretary Kristi Noem. The center, nicknamed “Alligator Alcatraz,” would repurpose a defunct airstrip in the Everglades in service of Trump’s draconian immigration agenda. Florida Attorney General James Uthmeier unveiled plans for the facility…

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Trump Unloads on Fed Chair Over Tanking U.S. Economy

Trump Unloads on Fed Chair Over Tanking U.S. Economy

Donald Trump just whacked the ball back to Russia with a string of eyebrow-furrowing comments on nuclear arms. On Sunday, deputy chairman of the Security Council of Russia and former Russian President Dmitry Medvedev wrote on social media that Russia’s “production of nuclear weapons” would continue. “A number of countries are ready to directly supply…

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Income Insurance to explore other share liquidity options after scuppered Allianz deal: departing chairman Ronald Ong

Income Insurance to explore other share liquidity options after scuppered Allianz deal: departing chairman Ronald Ong

[SINGAPORE] Income Insurance is “keeping its options open” over various share liquidity options, which could include a share-buyback programme, said its retiring chairman Ronald Ong at the insurer’s annual general meeting (AGM) on Tuesday (Jun 24). He reiterated that if German insurer Allianz’s proposed offer in July 2024 to buy a majority stake in Income…

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Finding opportunities in disclosures

Finding opportunities in disclosures

[SINGAPORE] Sustainability and climate reporting continue to face widespread resistance among businesses – many of which do not view these issues as material or consistent with business objectives. But global markets’ gradual move towards mandatory reporting on environmental, social and governance (ESG) issues – especially climate-related disclosures – goes beyond providing insights on the sustainability…

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Big US banks expected to ace stress tests, boost dividends

Big US banks expected to ace stress tests, boost dividends

[NEW YORK] The biggest US lenders are expected to clear the Federal Reserve’s annual health check this year, showing they have ample capital that can be used to boost dividends, analysts said. The results of the central bank’s so-called “stress tests” on Friday (Jun 27) will determine how much cash lenders would need to hold…

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New York City Can Do Better Than Andrew Cuomo

New York City Can Do Better Than Andrew Cuomo

New York City’s eight million inhabitants are used to a certain amount of ambient misery. Bags of trash line the streets from time to time, although the city recently spent $1.6 million on McKinsey consultants who told them they could and should use wheeled bins instead. There are more rodents than people. They (the people,…

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