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Market Chatter: Singapore-based PSA Mulls Sale of 20% Stake in CK Hutchison Port Business
Express News | Exclusive-Singapore's Psa International Is Exploring the Sale of Its 20% Stake in CK Hutchison's Ports Business, Sources Say
The USA Department of Defense is experiencing continuous leaks, with a former spokesperson claiming a "total collapse".
The former spokesperson for USA Secretary of Defense Peter Hegseth stated that during the first few months of Trump's second term, the Pentagon was overwhelmed by leak incidents and personnel changes, calling it a "total collapse" that might cost this Secretary of Defense his job. This warning came from John Ullyot, who initially served as the Pentagon spokesperson and resigned last week. Three senior Pentagon officials previously issued a joint statement, reportedly after being dismissed in the Pentagon's investigation of the leak incidents; they stated that they did not know why they were being investigated, nor were they aware if a leak investigation was even ongoing.
Potential Upside For CK Hutchison Holdings Limited (HKG:1) Not Without Risk
The Philadelphia Federal Reserve has appointed its first female president, Paulson, who will succeed Harker in July.
The Federal Reserve Bank of Philadelphia announced that Anna Paulson, currently serving as the research chief at the Chicago Fed, will become the next president of the bank. Paulson will succeed the current president Patrick Harker, who will step down on June 30. She will become the first female president to lead the Philadelphia Fed when she takes office on July 1. She will be a voting member of the Federal Open Market Committee (FOMC) next year. However, from the start of her tenure, she will attend and participate in the committee's meetings. "For twenty years, Anna has demonstrated a commitment to the dual mandate of the Federal Reserve in achieving stable prices and full employment."
The South Korean government released an investigation report, revealing large-scale data forgery during Moon Jae-in's administration.
The Audit and Inspection Agency of South Korea stated on Thursday that the government of former President Moon Jae-in fabricated major official data such as housing prices, income distribution, and employment over the past four years, misleading the public into believing that its Real Estate and economic policies were effective. The agency reported that from January 2018 to October 2021, Moon Jae-in's presidential office and the Ministry of Land, Infrastructure and Transport issued 102 orders to the Korea Real Estate Board, a public institution under the Ministry, adjusting or fabricating the rates of weekly and monthly housing price increases to make it seem as though the Real Estate policies were effective. The Audit and Inspection Agency also pointed out issues in income distribution and employment.
102987738 : this is a win win for CKH. their ports are prized assets. if blackrock cant buy them, some china state co will buy them
Col Lamb 102987738 : or, they "have to" sell it at certain price?
102987738 Col Lamb : possible