Posts by Liam Redmond
Aster invests US$155 million to expand Singapore’s Bukom refinery capacity
[SINGAPORE] Aster Chemicals and Energy said on Tuesday (Dec 9) that it has invested US$155 million in rejuvenation projects at its Bukom refining facility, in a bid to strengthen energy supply resilience. It has committed US$75 million to revitalise a condensate splitter unit, which will increase the refinery’s crude processing capacity to more than 300,000…
Read MoreNigeria Investigates Organ-Harvesting Ring After Discovering Corpses
Police in the southeastern Nigerian state of Imo are investigating a possible organ-harvesting ring after finding a hideous trove of mutilated corpses at a hotel. The Imo horror is an especially grim example of Nigeria’s kidnapping epidemic, in which every sort of malevolent group — from Islamic State jihadis to huge bandit gangs and small…
Read MoreJalen Hurts commits rare double-turnover during wild play in gaffe-filled Eagles-Chargers game
Jalen Hurts had multiple turnovers in the first half of the Eagles game on Monday night, including two that actually occurred on the same play. The rare double turnover happened in the second quarter of Philadelphia’s matchup with the Chargers at SoFi Stadium, when Hurts dropped back to pass and heaved the ball right into…
Read MoreMost markets track Wall St losses as jitters set in ahead of Fed rate trajectory
Bets on a third successive cut have surged on the back of data pointing to a weakening jobs market [HONG KONG] Most stocks fell in Asia on Tuesday (Dec 9) as investors grow nervous about the US Federal Reserve’s plans for interest rates next year following an expected cut this week. With traders fully confident…
Read MoreMost markets track Wall St losses amid jitters about Fed rate trajectory
Bets on a third successive cut have surged on the back of data pointing to a weakening jobs market [HONG KONG] Most stocks fell in Asia on Tuesday (Dec 9) as investors grow nervous about the US Federal Reserve’s plans for interest rates next year following an expected cut this week. With traders fully confident…
Read MoreHong Kong asks investment banks to ensure IPO applications maintain standards
More than 300 companies have filed to list in the city, most of them from mainland China [HONG KONG] Investment banks preparing Hong Kong initial public offering (IPO) applications have been asked to make sure their submissions are up to standard, the city’s securities regulator and the stock exchange operator said. Regulators believe that a…
Read MoreGold rises but investors stay cautious about ‘hawkish’ Fed tone
[BENGALURU] Gold edged higher on Tuesday (Dec 9), even as investors pulled back slightly on US rate cut bets, reflecting caution that the US Federal Reserve could strike a more hawkish tone on next year’s monetary easing at its upcoming policy meeting. Spot gold rose 0.1 per cent to US$4,194.83 per ounce as at 9.46…
Read MoreGranite Asia raises US$350 million for fund backed by Temasek, Khazanah, INA
[SINGAPORE] Granite Asia, a Singapore-based investment firm, said on Tuesday (Dec 9) that it had raised more than US$350 million in the first close of its Pan-Asia private credit fund, anchored by South-east Asian state investors Temasek, Khazanah Nasional and the Indonesia Investment Authority (INA). The strategy, called Libra Hybrid, is targeting US$500 million in…
Read MoreSingPost raises standard domestic mail rates by S$0.10
The new prices are S$0.62 for standard regular mail and S$0.90 for standard large mail [SINGAPORE] On Tuesday (Dec 9), Singapore Post (SingPost) announced a S$0.10 increase to its standard domestic mail starting from Jan 1, 2026. The new prices – S$0.62 for standard regular mail and S$0.90 for standard large mail – will help…
Read MoreSingPost raises standard domestic mail rates by S$0.10 as mail decline, rising costs persist
The new prices are S$0.62 for standard regular mail and S$0.90 for standard large mail [SINGAPORE] On Tuesday (Dec 9), Singapore Post (SingPost) announced a S$0.10 increase to its standard domestic mail starting from Jan 1, 2026. The new prices – S$0.62 for standard regular mail and S$0.90 for standard large mail – will help…
Read MoreVirginia football team loses state semis by 1 point as fugitive coach Travis Turner remains missing
The Virginia high school football team that was coached by Travis Turner until he vanished while under investigation for child sex crimes was defeated in the state semifinals Saturday evening. Big Stone Gap’s Union High School Bears went down 21-20 against Glenvar during a Saturday showdown, knocking them out of the running for the state…
Read MoreDem Rep. Crow: I Won’t Sit for FBI Interview, ‘I’m Not Going to Be Threatened’
Monday on CNN’s “The Arena,” Rep. Jason Crow (D-CO) said he would not cooperate with the FBI investigation into a video he made about military orders. Host Kasie Hunt said, “I want to ask you for an update on the FBI investigation into you and the five of your colleagues who were featured in that video. Has…
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