Posts by Kim Browne
How Pete Hegseth Is Forcing Women Out of Active Military Duty
A retired Coast Guard commander said she was “fearful for women in uniform right now.” Source link
Read MoreRepublicans Use Shutdown Deal to Take Revenge Against Jack Smith
Eight Senate Democrats just gave Republicans the right to sue Jack Smith. Source link
Read MoreFox Host Corrects Trump on How Mortgages Work as He Touts 50-Year Plan
Taake was convicted of attacking a police officer at the Capitol with bear spray and a whip during the riots. He had also previously been charged in Harris County, Texas, with sending explicit photos and messages to someone who he thought was a 15-year-old girl, and he was out on bond when he took part…
Read MoreSoftBank’s US$5.8 billion Nvidia stake sale stirs fresh AI bubble fears
The Japanese tech investor needs the proceeds for initiatives including the US$500 billion Stargate project to expand US data-centre capacity [NEW YORK] SoftBank Group’s US$5.8 billion sale of its Nvidia stake jolted stock markets on Tuesday, stoking fears that the frenzy around artificial intelligence may have peaked, especially after recent warnings from Wall Street bank…
Read MoreBHG Retail Reit logs 94.2% committed occupancy rate in Q3, eyes acquisitions
The Reit’s manager is upbeat about economic conditions in China, even though its recovery “may take time” [SINGAPORE] China-focused BHG Retail Real Estate Investment Trust (Reit) recorded a committed occupancy rate of 94.2 per cent for the third quarter ended September. It also plans to explore acquisition opportunities for “quality, income-producing properties” from its sponsor’s…
Read MoreUS: S&P 500, Nasdaq slip as tech valuation jitters resurface; federal reopening eyed
[NEW YORK] The S&P 500 and the Nasdaq opened lower on Tuesday (Nov 11) with concerns around elevated technology valuations resurfacing, while markets monitored progress towards the end of the longest government shutdown in US history. The Dow Jones Industrial Average rose 15.9 points, or 0.03 per cent, at the open to 47,384.51. The S&P…
Read MoreWilmar unit to acquire 13% of Mumbai-listed joint venture with Adani
The 46.5 billion rupee purchase will be funded by internal sources and bank borrowings [SINGAPORE] A unit of agri-specialist Wilmar International will acquire 13 per cent of the shares held by India’s Adani Commodities in the two companies’ joint venture (JV), for 275 rupees per share. This translates to a total purchase price of 46.5…
Read MoreSingPost to divest 14 HDB units for S$55.5 million
The postal service provider says the properties are ‘non-core’ to its principal business [SINGAPORE] Singapore Post (SingPost) on Tuesday (Nov 11) announced that it will divest 14 HDB units across the island for a cash consideration of S$55.5 million. The sale-and-purchase agreement also has a leaseback option, each lasting about three years. The purchaser is…
Read MoreTranscript: Ro Khanna Says Schumer Must Resign In Wake of Budget Deal
Representative Khanna: Well, look, I think we clarified for folks, that the Affordable Care Act is important and what, and the Republicans have no interest in, in, in lowering their costs and that their premiums are gonna go up because of the Republican callousness. We’ve clarified that the insurance process is broken. This is the…
Read MoreMicrosoft to invest US$10 billion in Portugal AI data hub
The company is building the hub with Start Campus, a Portuguese developer, and British startup Nscale [LISBON] Microsoft will spend US$10 billion on an artificial intelligence (AI) data centre along the Portuguese coast, marking one of its largest European investments this year, the company said. The amount is planned for a data centre park in…
Read MoreChina’s central bank to maintain accommodative policy as challenges persist
It will keep liquidity ample, keep prices reasonable, and lower the costs of banks’ liability and social financing [BEIJING] China’s central bank said on Tuesday (Nov 11) that it would maintain an “appropriately loose” monetary policy, as the economy still faces risks and challenges. The People’s Bank of China (PBOC) will keep liquidity ample, maintain…
Read MoreStoneweg Europe Stapled Trust divests Slovakia portfolio for 70 million euros
This comes as it focuses on Western European markets with ‘deeper liquidity and stronger tenant demand’ [SINGAPORE] Stoneweg Europe Stapled Trust (Sert) has divested its entire Slovakia investment in logistics and light industrial properties for 70 million euros (S$105.4 million), its manager said in a bourse filing on Tuesday (Nov 11). The stapled group sold…
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