MLB proposes massive changes to free agency, roster rules in CBA talks

MLB proposes massive changes to free agency, roster rules in CBA talks

Major League Baseball has proposed a massive change to the free agency period as part of the latest developments in the ongoing collective bargaining talks with the MLB Players Association, which drew a strong rebuke from interim executive director Bruce Meyer.  The league is proposing a three-week free agent signing window that would take place…

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Gold slips as US Fed chair’s Jackson Hole speech looms

Gold treads water ahead of Fed Warsh’s Jackson Hole speech

Published Fri, Aug 28, 2026 · 08:46 AM — Updated Fri, Aug 28, 2026 · 02:55 PM GOLD slipped on Friday (Aug 28) as market participants awaited closely watched remarks from US Federal Reserve chair Kevin Warsh at the Jackson Hole symposium. Spot gold fell 0.5 per cent to US$4,580.19 per ounce by 0438 GMT.…

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‘Price of liquidity’ too high: Some US private credit investors prefer to be trapped over 26% loss

‘Price of liquidity’ too high: Some US private credit investors prefer to be trapped over 26% loss

Limited appetite to exit suggests investors may be making peace with lower-than-promised returns Published Fri, Aug 28, 2026 · 08:29 AM [NEW YORK] The calculus by Cox Capital Partners was simple enough. With a nearly US$15 billion redemption backlog from private credit funds, the firm would offer instant liquidity for some investors by purchasing their…

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Stocks to watch: Frencken, Seatrium

Stocks to watch: Frencken, Seatrium

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Aug 28): Frencken : The tech solutions provider on Thursday announced that it plans to raise S$100 million through a proposed placement of 44.1 million shares at S$2.2687 each. The new shares will be offered privately to institutional and…

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California made its own homeless problem worse with ridiculous policies: study

California made its own homeless problem worse with ridiculous policies: study

California’s controversial soft-on-crime experiment may have helped put 7,000 more people on the streets, while drug use climbed and treatment fell, according to a new study. Proposition 47, the 2014 measure that downgraded certain drug and property crimes from felonies to misdemeanors, appears to have driven a roughly 10% increase in unsheltered homelessness between 2015…

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Radiant World and its founder sued in Singapore for US$34 million

Radiant World and its founder sued in Singapore for US million

The case against Radiant World, the group’s main operating unit, is listed as “tort of deceit conspiracy by unlawful means” Published Fri, Aug 28, 2026 · 06:57 AM — Updated Fri, Aug 28, 2026 · 04:17 PM [SINGAPORE] Radiant World Corp and its founder are being sued in Singapore’s High Court by a local trade-finance…

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Hormuz oil flows rising as Gulf giants’ ramp up gathers pace

Hormuz oil flows rise as Gulf producers boost volumes, keeping prices in check

[LONDON] The flow of crude through the Strait of Hormuz is creeping higher as producers across the Middle East boost exports in the face of Iran’s lingering threat to shipping. The increase is keeping global crude oil prices in check. About six million to eight million barrels a day of crude are now being shipped…

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