Posts by Liam Redmond
FBI captures $1.2B Medicare fraud fugitive in Philippines, second arrest from Most Wanted Fraudsters list
A fugitive accused of running a $1.2 billion Medicare fraud conspiracy has been captured overseas and returned to the United States, becoming the second suspect taken into custody from the FBI’s new “Most Wanted Fraudsters” list. Federal officials said Herbert Leon Kimble, 60, was arrested in the Philippines after allegedly evading authorities for nearly two years. Prosecutors…
Read MoreChristian Scott takes positive step toward looming Mets return
PHILADELPHIA — Christian Scott took a positive step Saturday toward potentially returning to the Mets as soon as his required 15 days on the injured list pass. The right-hander threw a bullpen session before the Mets’ 15-3 loss to the Phillies and reported feeling “good.” Scott was placed on the IL on Monday (retroactive to…
Read MoreRory McIlroy falls out of US Open contention after back nine implosion
Rory McIlroy’s up-and-down weekend at the U.S. Open took another roller coaster of a turn Saturday, as the world No. 2 imploded on the back nine with five bogeys to finish at 3 over and fall out of contention. McIlroy, whose only win in the tournament occurred in 2011 at Congressional Country Club, sank a…
Read MoreIndonesia’s MSCI moment of truth looms over global index standing
The decision will determine whether it remains an emerging market or gets downgraded to a frontier market [JAKARTA] It is crunch time for Indonesia’s stock market. Global benchmark provider MSCI is set to publish its annual market classification review early on Wednesday (Jun 24). The closely watched decision will determine whether South-east Asia’s largest economy…
Read MoreSingapore investors see SpaceX investment as long-term bet on the future of the space economy
The Republic’s push into space as a promising economic arena also gives local dimension to the investment theme [SINGAPORE] Everyone is eager to climb onto the SpaceX bandwagon now, but Singapore-based technology entrepreneur and investor Lim Qing Ru had her eye on it as a promising investment back in 2021. The founding partner of venture…
Read MoreUSGA impressing with playable Shinnecock US Open course
The memo appeared on the players’ phones sometime after the end of U.S. Open second-round play Friday at Shinnecock Hills. The warning, from the desk of the USGA, read: “For Saturday & Sunday, the golf course will be prepared to play progressively firmer and the target green speed will be 11.0 on the USGA Stimpmeter.’’…
Read MoreSingapore cements position as Asia-Pacific wealth hub as region’s AUM set to hit US$34.5 trillion by 2030: PwC
The city-state aims to capture opportunities in cross-border wealth, tokenisation and sovereign capital [SINGAPORE] The Republic is strengthening its place as Asia-Pacific’s leading wealth hub as assets under management (AUM) in the region are set to reach US$34.5 trillion by 2030. In its Asset and Wealth Management Revolution: Asia Pacific 2026 report, PwC said the…
Read MoreRod Stewart stops Utah concert to use oxygen tank onstage after nearly fainting
Rod Stewart was forced to use an oxygen tank onstage when he nearly fainted during his Utah concert on Friday night — weeks after cancelling a series of gigs over health issues. The 81-year-old rock legend was performing at the Utah First Credit Union Amphitheatre in West Valley City when fans noticed he wasn’t moving…
Read MoreStock trader’s guide to navigating rare ‘Super El Nino’: 5 sectors to watch as risks build
Impact already being felt across various regions, from a delayed start to the Indian monsoon to a temporary halt to Peru’s fishing season AS concerns over the Iran war recede, stock investors are confronting another threat: climate risk, which is prompting a reassessment of bets across sectors from agriculture to insurance. A high probability of…
Read MoreVance Heads To Switzerland as Iran Talks Face Tests From On-and-Off Lebanon Violence
US Vice President JD Vance travelled to Switzerland on Saturday for high-stakes talks with Iranian officials, aiming to advance negotiations over Tehran’s nuclear programme and shore up a fragile ceasefire in Lebanon, even as fresh violence threatens to undermine diplomatic progress. Speaking before departing from Joint Base Andrews, Vance said he was hopeful the discussions…
Read MoreAI capex cycle drives institutional inflows and gains for Singapore’s listed tech manufacturers
[SINGAPORE] The artificial intelligence boom has seen massive capital expenditure among tech giants with strong demand for chips globally – and Singapore’s listed technology manufacturers have benefited. Data from Enterprise Singapore on Jun 17 showed that Singapore’s electronic non-oil domestic exports rose 94.8 per cent year on year (yoy) in May, supported by robust AI-related…
Read MoreDon’t count out a Scottie Scheffler US Open comeback for career grand slam
Sure, Scottie Scheffler stands six shots behind leader Wyndham Clark entering Sunday’s U.S. Open final round at Shinnecock Hills. If you think that’s insurmountable, you either don’t know Scheffler very well or haven’t been paying a lot of attention to golf the past three years as he’s had a stranglehold on the world No. 1…
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