Posts by Nathan Pine
Sri Lanka jolts markets with outsized 100-bp rate hike to counter Gulf crisis
Published Tue, May 26, 2026 · 03:49 PM [COLOMBO] Sri Lanka’s central bank stunned markets by raising its policy rate by an outsized 100 basis points on Tuesday (May 26), the biggest hike in four years, as policymakers scrambled to stem inflation and support a currency buckling under soaring energy prices. Economic growth in the…
Read MoreTriple Green CineCapital Sets Charlie Nguyen Video Game Adaptation ‘The Scourge’ As First Vietnamese Investment
Southeast Asian film investment fund Triple Green CineCapital (TGC) has announced its first investment in a Vietnamese project, partnering with Charlie Nguyen’s Chanh Phuong Films on The Scourge. The horror drama is based on a Vietnamese video game of the same name, which has more than 100,000 downloads and a 94% positive rating on Steam.…
Read MoreOrange County update: New evacuation map released
Californian authorities have scaled back the evacuation zone for the Garden Grove chemical tank emergency in Orange County after determining the risk of a “catastrophic” explosion had passed, though a significant blast or fire is still possible. It shrinks the number of evacuation orders in place from more than 40,000 to about 16,000, as of…
Read MoreSats may reward shareholders with special dividend if there’s spare cash
The company is on course to achieve FY2029 targets of S$8 billion in revenue and 20 per cent Ebitda margins [SINGAPORE] Air freight handler and inflight caterer Sats may pay out special dividend or buy back shares when it has the spare cash. Kerry Mok, CEO of Sats said if the company has spare cash…
Read MoreWho is Daleza Fregoso? Amber Alert issued for abducted 4-year-old girl
The California Highway Patrol has issued an Amber Alert for Daleza Fregoso, a four-year-old girl who authorities say was abducted by a 40-year-old man in Los Angeles. Fregoso was last seen at around 4 a.m. on May 24 with Ruben Fregoso, according to the Amber Alert, which was issued on behalf of the Los Angeles…
Read MoreWho’s powering next-gen nuclear energy: AI boom drives hybrid financing wave
But scaling such technologies will hinge on the ability to bring in banks and institutional investors [SINGAPORE] Before Oklo went public through a special purpose acquisition company merger in May 2024, the startup had little more than a design for an advanced nuclear fission reactor. It had no operating reactor, no revenue, and had yet…
Read MoreDonovan Mitchell on the move? 3 landing spots after Knicks sweep
Things need to change for the Cleveland Cavaliers, but do they tear everything down this offseason after the embarrassment that was the Eastern Conference final sweep by the New York Knicks? Donovan Mitchell is the ace of the team, but if Cleveland doesn’t believe the soon-to-be 30-year-old can take them to the NBA Finals, it…
Read MoreThe New York Knicks are no Cinderella — They can win it all
When the New York Knicks were down 1-2 to the Atlanta Hawks in the first round of the Eastern Conference playoffs, the discussion around the team was focused on a player not even on their roster: Giannis Antetokounmpo. Would the Milwaukee Bucks trade Antetokounmpo to the Knicks for some of their top players and some…
Read MoreWhy China is tightening controls on overseas stock trading
The move has already rattled brokerages and investors, and could reshape how mainland Chinese access foreign market CHINA’S efforts to control capital outflows are colliding with growing demand from mainland investors for access to overseas stocks. After an estimated US$1 trillion of unauthorised money left the country last year, authorities launched a sweeping crackdown on…
Read MoreStarbucks Korea top executives apologise as as ‘Tank Day’ promotion boycott hits revenue
Published Tue, May 26, 2026 · 11:00 AM [SEOUL] Top executives issued public apologies and warned of “substantial” declines in revenue after Starbucks Korea was hit with a boycott campaign in response to a botched promotional event that referenced a highly-sensitive 1980s massacre to sell tumblers. Shinsegae Group chairman Chung Yong-jin bowed three times at…
Read MoreDonovan Mitchell has strong reaction to Cavaliers losing Game 4 early
The Cleveland Cavaliers came out with a must-win situation on their home court Monday evening, as the New York Knicks held a 3-0 lead in the Eastern Conference Finals. In the first quarter, Cleveland came out looking good, building a quick lead against the visitors courtesy of their All-Star Donovan Mitchell hitting several big baskets.…
Read MoreSonny Rollins Dead: Jazz Great Was 95
Sonny Rollins, one of the most influential saxophone players in jazz history died today at his home in Woodstock, NY. That, according to a post on his official social media. He was 95. The tenor saxophonist’s 60-plus year career saw him record 60-plus albums. His compositions “St. Thomas,” “Oleo,” “Doxy” and “Airegin” are jazz standards.…
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