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Southbound Capital Nets HK$4.093 Billion in Hong Kong Stocks on September 2
Southbound capital recorded net purchases of HK$4.093 billion in Hong Kong stocks on September 2, with Tencent drawing over HK$1.1 billion. Mainland investors shift toward high-dividend sectors amid rising interest rates.
Live Nation Opens Grange House: 3,000-Seat Singapore Venue by Mid-2027
Live Nation names its new Singapore venue Grange House, a 3,000-capacity entertainment space opening mid-2027 on Orchard Road. The venue will host concerts and cultural events.
Amazon Drops 2.5% as FTC Sues Over $20B Ad Surcharge Scheme
FTC and 22 states sue Amazon for allegedly manipulating ad auctions with hidden surcharges costing advertisers $20 billion. Stock falls 2.5% as legal pressure mounts.
Scalable Capital Raises Savings Rates to 2.60% on September 1, 2026
Scalable Capital raises overnight account interest to 2.60% p.a. and launches fixed-term accounts at up to 3.00% p.a. as of September 1, 2026. Full details on rates, deposit protection, and how it compares to competitors.
Partners Group Stock Drops 9.7% as H1 Profit Falls 13%, CEO to Step Down
Partners Group stock plunges 9.7% after H1 profit fell 13% to CHF 502 million. CEO David Layton to return to investment role; co-CEO structure returns January 2027.
Pang Kin Keong Takes LTA Chair on September 1 After 35 Years in Public Service
Pang Kin Keong, former permanent secretary for home affairs and transport, becomes LTA chairman on September 1, 2026, replacing Alan Chan after a decade of leadership.
Florida Grand Jury: DeSantis Admin Misappropriated $10M in Medicaid Funds
Florida grand jury finds DeSantis administration misappropriated $10 million from Medicaid settlement meant for low-income children, routing funds to political groups instead.
House Foods Stock Jumps 7% as Ichibanya Sale Looms on September 1
House Foods (2810.T) stock rises 7% to ¥4,000 after confirming sale of CoCo Ichibanya stake. Ichibanya jumps 16% as PE firms show interest in Japan’s 1,500-store curry chain.
Bank of China Jumps 7.2% to HK$5.90 on Strong H1 Earnings
Bank of China stock rallies 7.2% to HK$5.90 after H1 2026 earnings beat expectations with 5.1% profit growth and improving net interest margins.