Posts by Kim Browne
Asia: Markets rebound to track Wall Street up as China cuts rates
[HONG KONG] Asian markets rose on Tuesday as investor sentiment returned following the previous day’s US rating-fuelled losses, with sentiment also boosted after China cut interest rates to historic lows. The rally tracked advances on Wall Street, where the initial selloff sparked by Moody’s removal of Washington’s triple-A grade soon gave way to a push…
Read MoreChina banks cut deposit rates to aid margins, drive spending
MAJOR Chinese banks cut deposit rates again, in the latest efforts to preserve their shrinking profitability and drive consumers to spend more amid a flagging economy. Lenders including the Industrial & Commercial Bank of China, China Construction Bank, Agricultural Bank of China, Bank of China and China Merchants Bank trimmed rates across maturities on Tuesday…
Read MoreNippon Steel boosts investment pledge for proposed US Steel deal
Trump has ordered another CFIUS review of the national security implications of the combination of both companies Published Tue, May 20, 2025 · 09:47 AM [NEW YORK] Nippon Steel has bolstered its pledge to invest in United States Steel in the event that US President Donald Trump approves the Japanese company’s proposed US$14.1 billion takeover,…
Read MoreGold eases as Russia-Ukraine ceasefire optimism curb safe-haven demand
Published Tue, May 20, 2025 · 09:21 AM [BENGALURU] Gold prices eased on Tuesday (May 20), as a firmer US dollar and optimism over a potential ceasefire between Russia and Ukraine dampened investor demand for safe-haven assets. Spot gold was down 0.4 per cent at US$3,217.50 an ounce, as at 0024 GMT. US gold futures…
Read MoreStocks to watch: DFI Retail Group, Q&M Dental Group, Aoxin Q&M, Ossia International
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (May 20). DFI Retail Group: The group’s underlying profit for Q1 2025 fell 18 per cent compared with the same period a year ago, due to the divestment of Yonghui Superstores last year. The Chinese supermarket operator contributed US$23…
Read MoreLocal building boom will fuel growth, says top Vietnam steelmaker
[HANOI] Vietnam’s top steelmaker Hoa Phat Group is counting on the nation’s rising economic growth and massive infrastructure projects from railways to seaports to fuel the company’s expansion and cushion any fallout from US tariffs. The company targets 15 per cent annual revenue growth in the 2025 to 2030 period, chief executive officer Nguyen Viet…
Read MoreTrump Economic Adviser Has Ridiculous Defense for Lack of Trade Deals
The settlement reverses a 2021 DOJ finding that Babbitt’s civil rights were not violated and it was reasonable for the officer who shot her to believe he was acting in self-defense or in defense of members of Congress. U.S. Capitol Police Lt. Michael Byrd was also cleared by a Capitol Police investigation, which found that…
Read MoreTrump Transportation Chief Sure Chose a Convenient Time to Sell Stock
The settlement reverses a 2021 DOJ finding that Babbitt’s civil rights were not violated and it was reasonable for the officer who shot her to believe he was acting in self-defense or in defense of members of Congress. U.S. Capitol Police Lt. Michael Byrd was also cleared by a Capitol Police investigation, which found that…
Read MoreTornadoes Just Wrecked Multiple States. Where Are Trump and FEMA?
The settlement reverses a 2021 DOJ finding that Babbitt’s civil rights were not violated and it was reasonable for the officer who shot her to believe he was acting in self-defense or in defense of members of Congress. U.S. Capitol Police Lt. Michael Byrd was also cleared by a Capitol Police investigation, which found that…
Read MoreVideo: How Staffing Shortages Have Plagued Newark Airport
What’s causing major flight delays and disruptions at Newark Liberty International Airport? Niraj Chokshi, a reporter at The New York Times covering transportation, explains how a staffing shortage has contributed to the chaos and what’s being done to address it. Source link
Read MoreTrust Yourself: The Antidote to Imposter Syndrome
Trust Yourself: The Antidote to Imposter Syndrome Trust yourself. This simple yet powerful advice has been my guiding light throughout my entrepreneurial journey. As someone who’s built and sold multiple businesses, I’ve faced countless moments of self-doubt, wondering if I truly belonged at the table or if I was just lucky to be there. We…
Read MoreWhy Criminal Background Checks Are Wise for Risk Management
Every decision you make when starting a business influences your success, especially those concerning who you work with. Initial investors and board members bring invaluable expertise and capital. However, they pose serious risks to your business if not properly vetted. Below are reasons why conducting criminal background checks on these key players is a strategic…
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