Posts by Liam Redmond
Centurion acquires 25% stake in second student accommodation in Perth for A$250,000
[SINGAPORE] Centurion Corporation on Wednesday (Jun 17) said it has acquired a 25 per cent equity interest in a purpose-built student accommodation (PBSA) development in Perth for A$250,000 (S$225,475). The property at 55-57 Fairway, Crawley, is set to have around 182 studios. It is also directly adjacent to the University of Western Australia’s Crawley campus,…
Read MoreSingapore shares close higher; STI up 1.2%
Across the broader market, gainers outnumber losers 349 to 250 after 1.2 billion securities change hands Published Wed, Jun 17, 2026 · 07:17 PM [SINGAPORE] Singapore stocks ended higher on Wednesday (Jun 17). The benchmark Straits Times Index (STI) gained 1.2 per cent or 59.60 points to end the day at 5,176.46. Sats led the…
Read MoreCOE: Market ‘exhausted’ as car, commercial vehicle premiums hit resistance level for June
[SINGAPORE] Certificate of Entitlement (COE) premiums for passenger cars and commercial vehicles have reached a price ceiling after months of increases, said industry observers. This came as premiums for Category A (mainstream cars), Category B (large and luxury cars) and Category C (commercial vehicles) dipped in June’s second round of bidding on Wednesday (Jun 17).…
Read MoreSole survivor of Oliver Tree helicopter crash speaks out, makes stunning revelation
A producer who was supposed to be on the doomed helicopter flight that killed “Alien Boy” singer Oliver Tree and five others in Brazil has revealed he pulled out at the “last minute” because he was too afraid to fly. Instead of joining the group traveling by air, Victor Wao, who has a fear of…
Read MoreFall in COE prices across board suggests car, commercial vehicle premiums hitting resistance level
[SINGAPORE] Certificate of Entitlement (COE) premiums for passenger cars and commercial vehicles have reached a price ceiling after months of increases, said industry observers. This came as premiums for Category A (mainstream cars), Category B (large and luxury cars) and Category C (commercial vehicles) dipped in June’s second round of bidding on Wednesday (Jun 17).…
Read MoreFirst class-action suits filed against Teo Siong Seng, Singamas and other container makers accused of cartel price-fixing
[SINGAPORE] An importer and a trucking provider have filed the first class action lawsuits against leading container makers and their executives including Singapore shipping magnate Teo Siong Seng, alleging that they fixed prices of shipping dry containers. These lawsuits came hot on the heels of the announcement in May by the United States Department of…
Read MoreTeo Siong Seng, Singamas sued by US firms in start of class action over US container price-fixing indictments
Plaintiffs seeking damages, restitution and disgorgement of profits from the defendants [SINGAPORE] An importer and a trucking provider have filed the first class-action lawsuits against leading container makers and their executives, including Singapore shipping magnate Teo Siong Seng, alleging that they fixed prices of shipping dry containers. These lawsuits came hot on the heels of…
Read More‘Widow’s Bay’ Season 1 ended with a wild plot twist
Down by the bay… Warning: Spoilers ahead! Do not proceed unless you’ve watched the “Widows Bay” Season 1 finale, “We Hope You Enjoyed Your Time!” In the Season 1 finale of Apple’s buzzy horror/ comedy, “Widow’s Bay,” the frazzled mayor, Tom Loftis (Matthew Rhys) tried to kill Ruth (K Callan) – only to get thrown…
Read MoreSingapore’s Sea tests AI chatbot Migoo in quiet US foray
The project represents one of the company’s most significant steps into AI thus far Published Wed, Jun 17, 2026 · 05:41 PM [SINGAPORE] Sea is rolling out a generative-AI chatbot in regions including the US, marking its maiden foray into the highly competitive American consumer market and accelerating its artificial intelligence push. The AI-powered companion…
Read MoreBMW plans to cut more costs after China slump hits outlook
Published Wed, Jun 17, 2026 · 05:05 PM [MUNICH] BMW slashed its profitability forecast for the year and ramped up its cost-cutting programme, as the German automaker warned of worsening demand in China. The manufacturer now expects carmaking returns of 1 to 3 per cent, from as high as 6 per cent previously, it said…
Read MoreCat A COE rate exceeds Cat B for third time in 4 months; premiums largely down
[SINGAPORE] The price of a Category A Certificate of Entitlement (COE) fell 1.7 per cent on Wednesday (Jun 17) to S$123,847, surpassing the Category B premium of S$123,502. This is the third time in four months that the Category A COE price has cost more than Category B’s. In the last tender on Jun 4,…
Read MoreTrump delays Jay Clayton’s nomination for intel director to try to push Congress on voting bill
President Donald Trump said on Wednesday that he’s delaying Jay Clayton’s nomination to lead the US intelligence community in a bid to force Congress to act on a voter ID bill that currently lacks enough support for passage. Trump said in a lengthy post on his social media site that he will keep Bill Pulte, a top…
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