Posts by Kim Browne
Mercedes-Benz and Volkswagen Facing Uncertainty With Tariffs
European carmakers, including Mercedes-Benz, Stellantis and Volkswagen, said Wednesday that the chaos and upheaval caused by the tariffs introduced by President Trump had left them struggling to assess the impact and unable to plan for the future. After years of sluggish demand and high inflation, Europe’s carmakers headed into 2025 with a raft of new…
Read MoreTrump Threatens New York Times Amid Crazed Rant Over His Own Lawsuits
“I didn’t take over until January 20th,” Trump wrote. “Tariffs will soon start kicking in, and companies are starting to move into the USA in record numbers. Our Country will boom, but we have to get rid of the Biden ‘Overhang.’ This will take a while, has NOTHING TO DO WITH TARIFFS, only that he…
Read MoreCompare Trump’s Michigan Crowd Size to the Protest Outside
“I didn’t take over until January 20th,” Trump wrote. “Tariffs will soon start kicking in, and companies are starting to move into the USA in record numbers. Our Country will boom, but we have to get rid of the Biden ‘Overhang.’ This will take a while, has NOTHING TO DO WITH TARIFFS, only that he…
Read MoreTrump’s Talks With Zelenskiy Went Well After He Ditched JD Vance
“I didn’t take over until January 20th,” Trump wrote. “Tariffs will soon start kicking in, and companies are starting to move into the USA in record numbers. Our Country will boom, but we have to get rid of the Biden ‘Overhang.’ This will take a while, has NOTHING TO DO WITH TARIFFS, only that he…
Read MoreUnder Trump, Stocks Have the Worst Start to a Presidential Term Since 1974
One hundred days of President Trump. Seventy days of whipsaw trading in financial markets. Thirty three days of losses. More than $6.5 trillion wiped from the value of public companies. For financial markets, the 9 percent drop in the S&P 500 is on track for the worst start to a presidential term since Gerald R.…
Read MoreMorgan Stanley offers private equity fund to wider swath of millionaires
[NEW YORK] Morgan Stanley is launching a private equity fund for its widest audience yet – investors wielding a few million US dollars – as asset managers help broader masses into the once-exclusive realm. The North Haven Private Assets Fund will offer exposure to co-investments and secondaries in the lower middle market, according to a…
Read MoreUS: Wall Street tumbles at the open as US economy contracts in first quarter
Published Wed, Apr 30, 2025 · 09:49 PM [NEW YORK] Wall Street’s main indexes opened sharply lower on Wednesday (Apr 30) after data showed the world’s largest economy contracted in the first quarter, amplifying worries about the economic hit from President Donald Trump’s tariff policies. The Dow Jones Industrial Average fell 237.2 points, or 0.59…
Read MoreDo CEOs Dare Risk Tariff Transparency, and Draw Trump’s Fury?
Trump’s price war At a rally in Michigan last night, President Trump declared that “we’re ending the inflation nightmare.” But corporate chiefs are bracing for the opposite, revealing a split-screen view of the future that has sharpened as trade uncertainty grows. Companies have warned for weeks that tariffs could scramble supply chains, force them to…
Read MoreJardine C&C reports lower contributions across most business units in Q1 2025
Recent global trade tensions have created an uncertain macroeconomic environment and the company is cautious of the knock-on effects [Singapore] Jardine Cycle & Carriage (JC&C) reported lower contributions across most of its business units in the first quarter of 2025 on Wednesday (Apr 30). Astra in Indonesia reported a decrease in underlying profit, with contributions affected…
Read MoreSasseur Reit CEO Cecilia Tan steps down
[SINGAPORE] Cecilia Tan, chief executive officer at Sasseur Asset Management, manager of Sasseur Real Estate Investment Trust (Reit), will be stepping down on Oct 28, after over four years in the role. In a bourse filing on Wednesday (Apr 30), the manager of the trust said Tan will be resigning to pursue other professional interests. …
Read MoreTranscript: Shocker Poll Finds 52% See Trump as “Dangerous Dictator”
Sargent: So to bring this back to Bezos and Trump, I think what’s emerging here—the big story—is that there’s this small authoritarian core in the country, but there’s this large body of voters in the middle that includes independents. Maybe a fair amount of whom voted for Trump, who originally went into this—meaning voted for…
Read MoreCapitaLand Investment’s total revenue falls 24% to S$496 million in Q1
[SINGAPORE] CapitaLand Investment (CLI) reported a total revenue of S$496 million for the first quarter ended Mar 31, down 24 per cent from S$650 million in the corresponding period of the year before. In a business update on Wednesday (Apr 30), the real estate investment manager said that much of the decline came from the…
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