Posts by Liam Redmond
Teo Siong Seng to take leave of absence from Pacific International Lines and NUS in addition to SBF
He will not seek re-election as chair of Singapore Business Federation after his term ends in June [SINGAPORE] Shipping veteran Teo Siong Seng, who has been accused by the United States of colluding to fix the prices of dry containers, will take a leave of absence from his role as executive chairman and director of…
Read MoreMissouri concertgoer dies after being kicked in head by crowd surfer at rock festival
A Missouri school secretary died from head injuries she sustained when she was kicked in the head by a crowd surfer at a rock festival. Danielle Uskiwich, 28, died on Tuesday, 10 days after another concertgoer accidentally struck her in the head while listening to the rock band Sleep Theory perform at Pointfest in Maryland Heights,…
Read MoreWilmar says it has not received official notice of Indonesia probe into suspected export under-invoicing
The company’s shares are down 4% as at midday, after falling 10.5% in early trading on Thursday [SINGAPORE] Wilmar International said in a bourse filing on Thursday (May 28) that it has not received official notification of being under investigation by the Indonesian authorities for suspected under-invoicing and transfer-pricing of exports. The agribusiness giant added…
Read MoreCompetition watchdog clears SP Mobility’s acquisition of ChargEco
[SINGAPORE] The Competition and Consumer Commission of Singapore (CCS) has conditionally approved the proposed acquisition of ChargEco by SP Mobility, the competition watchdog announced on Thursday (May 28). The green light comes after SP Mobility offered a series of pricing and non-discriminatory commitments to address antitrust concerns. The watchdog had flagged potential risks following a…
Read MoreBat-wielding driver and dog terrorize shoppers in Santa Monica as city struggles to control crime crisis
Another violent scene unfolded near Santa Monica’s struggling Third Street Promenade over the weekend after a man threatened a Jewish couple with a baseball bat and antisemitic slurs before unleashing his dog on one of the victims in broad daylight. The chaos erupted around 5:30 p.m. Sunday near 3rd Street and Broadway, steps from the…
Read MoreChina’s auto industry is unlikely to return to ‘golden era’, Nio CEO says
A rebound in the domestic market has yet to materialise, despite the sector’s continued export strength Published Thu, May 28, 2026 · 12:21 PM [BEIJING] China’s auto industry has likely moved past its “golden era”, Nio chief executive William Li said on Thursday (May 28), as a downturn in domestic car sales extended into May.…
Read MoreAI boom fuels record US$14.5 billion in Taiwan tech firm borrowing
The borrowing volume is nearly double the US$7.5 billion the firms raised in the same period last year Published Thu, May 28, 2026 · 11:27 AM [HONG KONG] Taiwanese tech firms have completed a record US$14.5 billion of debt deals so far this year, as they race to secure financing to meet soaring demand for…
Read MoreHurricanes blank Canadiens to move game away from Stanley Cup Final
MONTREAL — Sebastian Aho, Jordan Staal and Logan Stankoven scored in a 2:47 span late in the first period and the Carolina Hurricanes moved within a victory of the Stanley Cup Final, beating the Montreal Canadiens 4-0 on Wednesday night. Frederik Andersen made 18 saves for his third shutout in 12 postseason games this year…
Read MoreBank of Korea’s new chief reveals hawkish posture as price, FX risks grow
Headline inflation is breaching the central bank’s 2% target with the 2.6% April rate marking the fastest gain in almost two year Published Thu, May 28, 2026 · 10:44 AM — Updated Thu, May 28, 2026 · 02:18 PM [SEOUL] The Bank of Korea (BOK) kept its benchmark interest rate unchanged on Thursday (May 28),…
Read MoreNvidia CEO Jensen Huang to join board of Beijing’s Tsinghua University: FT
The move comes amid a US ban on exports of Nvidia’s most sophisticated chips to China Published Thu, May 28, 2026 · 10:38 AM [BENGALURU] Nvidia CEO Jensen Huang has agreed to join the advisory board of a Beijing university that counts Apple’s Tim Cook as chair, the Financial Times reported on Wednesday (May 27),…
Read MoreKoh Brothers Eco Engineering shares up 32% on proposed transfer to mainboard
[SINGAPORE] Shares of Koh Brothers Eco Engineering were up 32 per cent or S$0.042 at S$0.174 as at 9.40 am on Thursday (May 28), after it announced that it had submitted an application for a transfer to the mainboard on the Singapore Exchange (SGX). By that time, around 49.6 million shares had changed hands. The…
Read MoreCalifornia lawmaker calls out woman’s double ballots as Gavin Newsom scrambles to secure polls
Claims of potential voting irregularities in California spread rapidly online this week after a state lawmaker shared allegations that duplicate ballots were sent to a woman in Riverside County ahead of the June 2 primary. The widely shared post came from Carl DeMaio, a member of the California State Assembly representing District 75, who posted…
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