France, Vietnam sign Airbus, satellite deals as Macron visits Hanoi

France, Vietnam sign Airbus, satellite deals as Macron visits Hanoi

[HANOI] France and Vietnam signed a deal on Monday (May 26) for 20 Airbus planes, among other pacts, as President Emmanuel Macron visited Hanoi seeking to boost France’s influence in its former colony, grappling with threats of crippling US tariffs. Macron’s first formal visit to Vietnam, the first by a French president in nearly a…

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Asia’s rich trim US exposure, head to Europe amid tariff turmoil

Asia’s rich trim US exposure, head to Europe amid tariff turmoil

[SINGAPORE] Asian private banking clients sprung into action over the past month, refusing to sit idle despite the whiplash in global financial markets caused by the tariff turmoil. Individuals have been rebalancing their portfolios, according to some senior private bankers whose clients each have at least S$2 million in investible assets. Global financial markets have…

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Argentine Movie Theater Ceiling Collapses During ‘Final Destination Bloodlines’ Screening

Argentine Movie Theater Ceiling Collapses During ‘Final Destination Bloodlines’ Screening

In an unfortunate example of life imitating art, Argentine moviegoers were treated to an unwitting immersive experience as they screened Final Destination Bloodlines, with their theater’s ceiling collapsing mid-movie. The incident took place last week at Cinema Ocho in La Plata, the capital city of Argentina’s Buenos Aires, according to Argentine digital publication Infobae. During…

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Goldman Sachs expects stronger yuan to boost Chinese stocks

Goldman Sachs expects stronger yuan to boost Chinese stocks

The People’s Bank of China has sought to keep the yuan stable and add support to the economy via interest-rate cuts Published Mon, May 26, 2025 · 12:01 PM CHINESE stocks are expected to benefit from further gains in the yuan, which has been showing resilience amid the country’s trade spat with the US, according…

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Frasers Property’s privatising FHT does nothing for its minorities

Frasers Property’s privatising FHT does nothing for its minorities

[SINGAPORE] Minority investors of Frasers Hospitality Trust (FHT) are getting a second chance to exit their holdings by way of a privatisation offer. FHT’s sponsor Frasers Property recently proposed privatising the stapled group at S$0.71 per stapled security via a trust scheme of arrangement. In September 2022, Frasers Property’s earlier attempt to privatise FHT at…

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CPF extends Great Eastern’s Dependants’ Protection Scheme administrator contract to September 2028

CPF extends Great Eastern’s Dependants’ Protection Scheme administrator contract to September 2028

The term life insurance scheme currently covers more than two million Singaporeans and permanent residents, the CPF Board said [SINGAPORE] Great Eastern will continue to administer the Dependants’ Protection Scheme (DPS) for another three years as the Central Provident Fund (CPF) Board has extended its administrator contract until September 2028. The extended contract period will…

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AOC edges out Chuck Schumer by double-digit margin in new poll

AOC edges out Chuck Schumer by double-digit margin in new poll

A new poll shows Representative Alexandria-Ocasio Cortez of New York would defeat Senator Chuck Schumer in a hypothetical 2028 Democratic primary by a commanding 21-point margin. Newsweek reached out to Ocasio-Cortez and Schumer via email on Sunday for comment. Why It Matters These results signal potential vulnerability for Schumer, the 74-year-old Senate Democratic leader who…

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