Posts by Kim Browne
Republicans Sneak Terrifying Gun Law Change Into Trump’s Budget Bill
In March, Musk walked into what he understood to be an ambush, facing heated backlash from Secretary of State Marco Rubio, Veterans Affairs Secretary Doug Collins, and Transportation Secretary Sean Duffy. Donald Trump had arranged the volatile meeting: “Bring them all in here, and we’ll have at it,” Trump said, according to The Atlantic. The…
Read MoreRepublicans Pass Horrid Tax Bill Thanks to Democrats Dying in Office
House Republicans managed to pass their draconian budget bill, which promises to make massive cuts to Medicaid, Medicare, and food assistance, early Thursday morning by a narrow one-vote margin that was only possible due the deaths of three Democrats in this current Congress. The latest Democrat to pass away was 75-year-old Representative Gerry Connolly of…
Read MoreOver a Dozen Officials Dumped Stocks Just as Trump Crashed the Market
In March, Musk walked into what he understood to be an ambush, facing heated backlash from Secretary of State Marco Rubio, Veterans Affairs Secretary Doug Collins, and Transportation Secretary Sean Duffy. Donald Trump had arranged the volatile meeting: “Bring them all in here, and we’ll have at it,” Trump said, according to The Atlantic. The…
Read MoreHouse Republican Rips Apart Trump’s Tax Bill: “Debt Bomb Ticking”
While Republicans managed to pass their budget bill through the House Thursday morning, one GOP representative was not happy, calling it a “debt bomb ticking.” Representative Thomas Massie warned his colleagues still debating in the middle of the night that he couldn’t vote for a bill that would cut taxes and increase spending. “I’d love…
Read MoreOnly Two Republicans Were Brave Enough to Vote Against Medicaid Cuts
In March, Musk walked into what he understood to be an ambush, facing heated backlash from Secretary of State Marco Rubio, Veterans Affairs Secretary Doug Collins, and Transportation Secretary Sean Duffy. Donald Trump had arranged the volatile meeting: “Bring them all in here, and we’ll have at it,” Trump said, according to The Atlantic. The…
Read MoreTranscript: Trump Unravels in Wild Rants as Polling Shows New Weakness
Podhorzer: Well, this is the tricky thing about being in America. He may think his base is larger than it is—but in America, it doesn’t have to be a majority anymore. And as long as it’s willing to be 100 percent there for you all the time, the question isn’t, “Is it a majority?” It’s,…
Read MoreYangzijiang Shipbuilding order wins dip to US$0.3 billion
This is down from US$3.3 billion in the year-ago period, but vessel deliveries remain on track [SINGAPORE] Marine vessel manufacturer Yangzijiang Shipbuilding reported that its year-to-date order wins for the first quarter of 2025 amount to six vessels worth US$300 million. This is around 5 per cent of its US$6 billion target for the 2025…
Read MoreRajeev Mittal appointed CEO of Prudential’s asset management arm
[SINGAPORE] Rajeev Mittal will lead Prudential’s asset management business, Eastspring Investments, from Jul 1. He will replace Bill Maldonado, who will retire and return to the United Kingdom where his family has been living for the past four years, said Prudential in a press release on Thursday (May 22). Mittal will report to Prudential’s CEO…
Read MoreApac family offices favour developed market equities, bonds: UBS report
[SINGAPORE] Family offices (FOs) in the Asia-Pacific favoured equities and bonds from developed markets in 2024 and plan to increase their strategic allocations into these asset classes in 2025, a report by UBS showed. On average, an Apac FO allocated 24 per cent to equities and 20 per cent to bonds from developed markets in…
Read MoreSingapore shares slide in tandem with regional bourses and Wall Street
Decliners beat gainers 288 to 178 across the broader Singapore market, with 1.1 billion of securities valued at S$1.4 billion changing hands [SINGAPORE] Asian bourses including Singapore’s were largely in the red on Thursday (May 22), after overnight Wall Street’s sell-off as the United States fiscal uncertainty soured market sentiment. Singapore’s Straits Times Index (STI)…
Read MoreSingapore shares slide in tandem with regional bourses and Wall Street; STI drops 0.1%
Decliners beat gainers 288 to 178 across the broader Singapore market, with 1.1 billion securities valued at S$1.4 billion changing hands [SINGAPORE] Asian bourses, including Singapore’s, were largely in the red on Thursday (May 22) after a Wall Street sell-off overnight. This came as the US’ fiscal uncertainty soured market sentiment. Singapore’s Straits Times Index…
Read MoreChangi Airport Group full-year net profit doubles to S$841 million
[SINGAPORE] Changi Airport Group (CAG) saw its net profit almost double to S$841 million for the full year ended Mar 31, up from S$431 million in the year-ago period. The 95 per cent rise in net profit takes into account “exceptional items”, including non-cash revaluation gains and the write-back of provisions by subsidiaries. Excluding these…
Read More