Posts by Kim Browne
Frasers Hospitality Trust H1 DPS falls 6% to S$0.010257 on higher finance costs
[SINGAPORE] Frasers Hospitality Trust (FHT) on Tuesday (May 6) posted a 6 per cent drop in distribution per stapled security (DPS) to S$0.010257 for its first half year ended Mar 31, from S$0.01091 in the corresponding year-ago period. The decline was attributed to lower net property income (NPI) and higher finance costs arising from the…
Read MoreGoogle has launched new film and TV production wing: Business Insider
[BENGALURU] Google has launched a new film and TV production initiative to scout projects it could fund or co-produce, Business Insider reported, a move that could help it capitalise on an industry reeling from rising production costs and potential US tariffs. The initiative, called “100 Zeros”, is a multi-year partnership with Range Media Partners, a…
Read MoreCredit Suisse Pays $510 Million Fine for Helping Clients Evade Taxes
The toll for misconduct at the fallen Swiss bank Credit Suisse just keeps getting bigger. Federal prosecutors said on Monday that UBS, which rescued Credit Suisse from the brink of collapse two years ago, would pay $510 million in fines for the role Credit Suisse played in helping clients evade taxes. Credit Suisse, among other…
Read MoreHong Kong sells record amount of currency to defend exchange peg
The recent rally in currencies of trade-dependent Asian economies is fuelling concerns among central bank policymakers Published Tue, May 6, 2025 · 07:06 AM [MELBOURNE] Hong Kong authorities said they continued to purchase US dollars in an attempt to defend the foreign exchange peg. The Hong Kong Monetary Authority spent a record HK$60.5b on the…
Read MoreFord pulls guidance, warns it will take US$1.5 billion hit from Trump’s tariffs
[DETROIT] Ford Motor suspended its annual guidance on Monday because of uncertainty around US President Donald Trump’s tariffs, saying the levies would cost the company about US$1.5 billion in adjusted earnings before interest and taxes. “It’s still too early to fully understand our competitors’ responses to these tariffs,” Ford CEO Jim Farley told analysts on…
Read MoreRemember That Wild Photoshoot of Young Barron Trump and His Many Toys?
“Well, I guess I was supposed to be a moviemaker. We’re talking—we started with the moviemaking, and it will end,” Trump replied. “It represents something very strong, very powerful, in terms of law and order. Our country needs law and order. Alcatraz is, I would say, the ultimate, right? Alcatraz, Sing Sing, and Alcatraz, the…
Read MoreHorrifying Report Showcases Dire Conditions in ICE Facilities
President Donald Trump’s first 100 days in office have proved fatal for seven people who were detained by Immigrations and Customs Enforcement, as part of the president’s massive deportation efforts. Of the seven immigrants who have died in ICE custody over the past three months, the agency has only published reports on three of the…
Read MoreFord Says Tariffs Will Cost Company $1.5 Billion in 2025
Ford Motor said on Monday that the Trump administration’s tariff policies were likely to lower its 2025 profit, before interest and taxes, by about $1.5 billion. The company also dropped its forecast for the year, saying that predicting the future had become too hard. Ford is less affected by President Trump’s 25 percent tariffs on…
Read MoreCognitive Decline? Trump Spews a Word Salad to Explain Alcatraz Idea.
“Well, I guess I was supposed to be a moviemaker. We’re talking—we started with the moviemaking, and it will end,” Trump replied. “It represents something very strong, very powerful, in terms of law and order. Our country needs law and order. Alcatraz is, I would say, the ultimate, right? Alcatraz, Sing Sing, and Alcatraz, the…
Read More“Take a Joke”: Trump Mocks Catholics Upset Over Image of Him as Pope
During an interview on NBC News’s Meet the Press on Sunday, Trump was directly asked whether he was profiting off his cryptocurrency, which he launched just days before his inauguration. “I haven’t even looked,” Trump claimed. “If I own stock in something, and I do a good job, and the market goes up, I guess…
Read MoreAs Backlash to Trump’s Tariffs Grows, Europe Boycotts American Brands
For motorcycle lovers in Sweden, Harley-Davidson is the hottest brand on the road. Jack Daniel’s whiskey beckons from the bar at British pubs. In France, Levi’s jeans are all about chic. But in the tumult of President Trump’s trade war with Europe, many European consumers are starting to avoid U.S. products and services in what…
Read MoreCEO Makes Shocking Admission About Why He’s Buying Trump’s Meme Coin
President Donald Trump has claimed he’s not paying attention to who buys his cryptocurrency coin—but companies are openly trying to use it to influence the administration’s policies. Freight Technologies Inc., a North American shipping company, is buying up to $20 million of Trump’s meme coin, $TRUMP, in the hopes of influencing his tariff policy, HuffPost…
Read More