China likely to bid on building new Panama Canal ports
The Panama Canal Authority plans to award contracts for the two terminals in late 2026 and begin operations in 2029 China is among parties interested in bidding to build two new ports on…
Swedan Margen
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China buys at least 10 US soybean cargoes in new deals after Trump-Xi call: sources
China bought at least 10 cargoes of US soybeans worth around US$300 million in contracts signed since Tuesday, two traders with knowledge of the deals said, a day after the presidents of…
RHB initiates coverage on Keppel Infrastructure Trust with ‘buy’ call
The analyst sets a target price of S$0.55 and says the trust should have a ‘modestly growing’ distribution profile RHB on Wednesday (Nov 26) initiated coverage on Keppel Infrastructure…
Noem gave final approval to deport Venezuelans to El Salvador despite judge's orders
Homeland Security Secretary Kristi Noem made the final decision to deport Venezuelan gang suspects to El Salvador in March despite a judge's order instructing the government to recall the…
Brookfield builds decarbonisation platform in South-east Asia
This marks its first renewables investments in the Philippines, Vietnam and Thailand Brookfield Asset Management has made its first renewables investments in the Philippines, Vietnam and…
Trump: More Obamacare subsidies 'may be necessary to get something else done'
President Trump late Tuesday disputed reports that he wants to temporarily extend enhanced Obamacare subsidies for two years, but left the door open to compromising on extension to get a…
Couple rakes in US$9 billion as AI circuit board shares soar 530%
When Nvidia chief executive officer Jensen Huang hosted a private banquet for suppliers in Taiwan in May, the room was packed with some of the biggest names in global electronics. The…
Chinese bonds see no haven demand from stock losses on PBOC bets
The central bank’s reluctance to ease its policy further remains the core issue weighing on the debt market China’s stock and bond markets are decoupling, breaking the inverse correlation…
Gold drifts higher on US rate cut expectations
Markets are pricing in an 84% chance of a Fed rate cut next month, compared to 50% last week, according to CME Group data Gold prices nudged higher during early Asian trade on Wednesday…
Brookfield, GIC to weigh buyout of National Storage Reit: sources
The volume of mergers and acquisitions involving Australian companies as either targets or sellers has fallen to around US$70 billion this year Brookfield Asset Management and Singapore’s…
Brookfield, GIC bid for National Storage in A$4 billion deal
The Sydney-listed company operates more than 270 storage centres across Australia and New Zealand — Brookfield Asset Management and…
Can a California Billionaire Spend His Way into the Governor’s Mansion?
Tom Steyer wants to turn the state further to the left. Source link
Warner Bros to ask bidders to submit sweetened offers
Warner Bros Discovery, the parent of HBO and CNN, has asked potential buyers to submit new, sweetened offers after receiving an initial round of bids, sources familiar with the matter…
Warner Music Group settles lawsuit with AI firm Suno
Warner Music Group on Tuesday announced a partnership with AI business Suno that will compensate music artists and songwriters, ending a legal battle between the two companies. Suno allows…
What's in the GOP's plan for government-funded, tax-exempt HSA -- and why Democrats don't like it
Congressional Republicans are eying tax-exempt Health Savings Accounts as their preferred vehicle to deliver on President Trump's call to send taxpayer-funded health care subsidies…
Apple set to become world’s top phone maker, overtaking Samsung
The upcoming 2026 debut of a foldable iPhone and a budget-friendly iPhone 17e will both help sales Apple will retake its crown as the world’s largest smartphone maker for the first time in…
Health care plan circulated by the White House runs into familiar GOP divisions
A health care proposal circulated by the White House in recent days is running into the reality of Republican divisions on the issue - a familiar struggle for a party that has been trying…
HP to cut about 6,000 jobs by 2028, ramps up AI efforts
HP SAID on Tuesday it expects to cut between 4,000 and 6,000 jobs globally by fiscal 2028 as part of a plan to streamline operations and adopt artificial intelligence to speed up product…
Treasury Secretary Bessent says NYC mayor-elect Zohran Mamdani is leader of Democratic Party
Treasury Secretary Scott Bessent said New York City mayor-elect Zohran Mamdani, a self-proclaimed Democratic socialist, is the clear head of the Democratic Party. Source link
Judge sets $60K bond for Florida congresswoman accused of stealing $5M in COVID-19 funds
A federal judge in Miami set a $60,000 bond Tuesday for U.S. Rep. Sheila Cherfilus-McCormick, who made her first appearance in court on charges of conspiring to steal $5 million in federal…
Bowser not seeking fourth term as D.C.'s mayor
D.C. Mayor Muriel Bowser said Tuesday she will not seek reelection next year, ending a decade-long run in office and opening the door for another hopeful to become the District's most…
'Guaranteed Human': Audio giant iHeartMedia says real people, not AI personalities, are at the controls
As media executives wrestle with the use of artificial intelligence, radio giant iHeartMedia wants to stand out. “We don’t use AI-generated personalities. We don’t play AI music that…
Pentagon weighs cutting ties with iconic organization formerly known as the Boy Scouts
The Pentagon is reportedly considering ending more than a century of military support for Scouting America, the organization formerly known as the Boy Scouts of America. Source link
FBI investigates Democrats who appeared in a video urging military members to defy 'illegal' orders
Democratic lawmakers who told military members to ignore illegal orders from President Trump say they are facing an FBI probe. Source link