Posts by Kim Browne
Australian bourse operator ASX jumps after appointments to its corporate governance advisory group
Published Thu, Jan 29, 2026 · 09:36 AM AUSTRALIA’S ASX appointed seven members to its newly constituted advisory group on corporate governance on Thursday, in line with the independent review panel’s recommendations accepted by the bourse operator in October. Shares of the company rose as much as 5.5 per cent to A$56.40, their highest level since Dec…
Read MoreS&P 500 crosses 7,000 ahead of Fed decision, Big Tech earnings
Published Wed, Jan 28, 2026 · 10:49 PM [NEW YORK] The S&P 500 opened at 7,000 mark on Wednesday (Jan 28), while the Nasdaq inched towards a record high, fuelled by a gain in chip stocks and as investors geared up for a Federal Reserve rate decision as well as a slew of Big Tech…
Read MoreAmazon cuts 16,000 jobs globally to undo pandemic-era hiring amid AI push
The job cuts also underscore how artificial intelligence is changing corporate workforce dynamics Published Wed, Jan 28, 2026 · 06:54 PM [SAN FRANCISCO] Amazon said on Wednesday (Jan 28) it was cutting 16,000 jobs worldwide in the second major round of layoffs at the company in three months, as it restructures after pandemic-era over-hiring and…
Read MoreHong Kong banks to see wealth ‘windfall’ as fees jump: report
Risk appetite also remains “firm” thanks to expectations of further interest rate cuts by the Federal Reserve through the year Published Wed, Jan 28, 2026 · 12:24 PM [HONG KONG] Hong Kong banks, led by HSBC Holdings and Bank of China (Hong Kong), could see wealth fees grow more than 20 per cent this year,…
Read MoreUPS to cut another 30,000 jobs as it doubles down on turnaround
Published Tue, Jan 27, 2026 · 11:09 PM [WASHINGTON] United Parcel Service on Tuesday (Jan 27) said it would cut up to 30,000 operational roles in 2026, adding to last year’s job reductions as the delivery giant looks to accelerate a turnaround fuelled by a pivot to higher-margin shipments. The company also beat Wall Street…
Read MoreSoftBank-backed analytics firm Patsnap weighs dual listing in Hong Kong and Singapore
Published Tue, Jan 27, 2026 · 09:42 PM [SINGAPORE] Patsnap, an intellectual-property data provider, is mulling a dual listing in Hong Kong and Singapore, according to people familiar with the matter. The company is considering raising between US$300 million and US$400 million from the share sales, the people said, asking not to be identified because…
Read MoreJD.com’s Jingdong Property files for Hong Kong IPO
Published Tue, Jan 27, 2026 · 02:02 PM [SINGAPORE] Jingdong Property, a Chinese logistics infrastructure manager majority owned by e-commerce major JD.com, has filed for an initial public offering (IPO) in Hong Kong, a regulatory filing showed on Monday (Jan 26). The firm did not disclose details such as size or timing in what will…
Read MoreAramco raises US$4 billion in first bond sale of year
Saudi Arabia’s budget remains heavily dependent on oil revenue as the kingdom pursues an ambitious modernisation drive Published Tue, Jan 27, 2026 · 08:15 AM [DUBAI] Saudi Aramco priced a US$4 billion bond sale, its first note sale this year, as the world’s largest oil producer steps up borrowing to fund investment and dividends. The…
Read MoreSteve Bannon and Co. Declare War on Minnesota After Pretti Shooting
“Let me be blunt. If you blink in Minneapolis, they’re gonna overwhelm you, and they’re gonna win. You cannot blink in Minneapolis. That is one of the festering sores of this country, and that’s where they all come together…. You have to lance the boil there,” Bannon said, calling for even more targeted militance from…
Read MoreCBP Chief Insists His Goons Are the Real Victims in Minnesota Shooting
Federal agents have terrorized, shot, and killed Minnesotans under the guise of advancing the Trump administration’s immigration goals—but the real victims, according to officials, are ICE and Border Patrol. Reacting to video footage of ICE’s lethal attack on ICU nurse Alex Pretti, CBP chief Greg Bovino unequivocally told CNN Sunday how he interpreted the situation,…
Read MoreS&P 500, Dow open slightly higher with big tech results
Published Mon, Jan 26, 2026 · 10:42 PM [NEW YORK] The S&P 500 and the Dow opened slightly higher on Monday (Jan 26), as investors braced for a heavyweight run of earnings along with a closely watched Federal Reserve monetary policy decision later in the week. At 09.30 am ET, the Dow Jones Industrial Average…
Read MoreOUE Reit H2 DPU up 10.6% at S$0.0125
However, revenue falls 4.2% due to no contributions from Lippo Plaza Shanghai, which the Reit had divested [SINGAPORE] The manager of OUE Real Estate Investment Trust (Reit) on Monday (Jan 26) posted a distribution per unit (DPU) of S$0.0125 for the second-half ended December, up 10.6 per cent year on year from S$0.0113. The stronger…
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