Posts by Liam Redmond
Bank of Japan governor Ueda hospitalised, will miss June meeting
Published Wed, Jun 10, 2026 · 06:06 PM [TOKYO] Bank of Japan Governor Kazuo Ueda has been hospitalised for medical treatment and will miss the June 15-16 policy meeting, the central bank said on Wednesday. Deputy governor Ryozo Himino will preside over the rate review in place of Ueda, and the other deputy governor, Shinichi Uchida,…
Read MoreBank of Singapore taps veteran banker Lim Leong Guan to lead Dubai franchise
He will head private banking in the Middle East, South Asia and International, and be based in Dubai [SINGAPORE] Veteran banker Lim Leong Guan will from Jul 1 take charge of the Dubai franchise of the Bank of Singapore (BOS), as the private banking arm of OCBC sharpens its focus on serving the ultra-rich. He…
Read MoreWemby’s dirty, ref-boosted Game 3 vs. Knicks makes him Public Enemy No. 1 in NYC: ‘He’s the series villain’
He’s public en-Wemby No.1. Spurs star Victor Wembanyama is now the most hated man – or “alien” – in the Big Apple after his dirty, ref-boosted big night spoiled the Knicks’ first NBA Finals home game in 27 years. The handsy San Antonio big man’s shove of beloved Knicks captain Jalen Brunson in Monday’s Game…
Read MoreMalaysia says it is seeking new sources of fuel amid energy crunch
Its minister said the country’s energy reserves were sufficient until the end of July Published Wed, Jun 10, 2026 · 05:13 PM [KUALA LUMPUR] Malaysia is seeking new sources of fuel amid a global crunch caused by the war in Iran, though any supplies would need to be able to be processed by the country’s…
Read MoreGlobal watchdog calls for tighter controls on agentic AI in finance
The FSB said autonomous AI introduces risks that can “materialise at great speed” Published Wed, Jun 10, 2026 · 04:50 PM [LONDON] Global regulators said increasingly autonomous forms of AI could amplify risks for the financial system and called for new controls as adoption accelerates. The Financial Stability Board (FSB) in a report on Wednesday…
Read MoreMultiple attackers kill 12 people and wound 9 in a late-night mass shooting in Johannesburg
Multiple attackers killed 12 people and wounded at least nine others in a late-night mass shooting in the South African city of Johannesburg, police said Wednesday. Police believe more than 10 suspects were dropped off in a minibus in an informal settlement in the Cleveland suburb of Johannesburg late Tuesday night and opened fire on…
Read MoreChina taps commercial oil stockpiles to help weather Gulf shock
Analytics companies expect inventory draws to average about one million barrels a day in the coming months Published Wed, Jun 10, 2026 · 04:04 PM [BEIJING] China has started tapping its commercial crude reserves to help offset the supply shock from the Iran war, although the world’s biggest oil importer is continuing to prioritise lower…
Read MoreHong Kong dollar carry trade appeal dims as funding costs climb
A rising Hibor narrows the interest rate gap between the US dollar and Hong Kong dollar Published Wed, Jun 10, 2026 · 03:57 PM [HONG KONG] A seasonal cash demand spike in Hong Kong is set to lift funding costs, making it less attractive to pursue a carry trade using the local dollar, analysts said.…
Read MoreFlying with cannabis? TSA’s new guidance comes with a major health warning
The Transportation Security Administration (TSA) recently updated its medical marijuana guidelines, adding specific instructions to its “What Can I Bring?” directory for both carry-on and checked bags. Patients who use cannabis to manage chronic pain, anxiety, nausea or other qualifying conditions may travel with their medication for use at their destination. When taking medical marijuana on a flight, experts…
Read MoreTata boss predicts AI agents will replace half its tech jobs
Published Wed, Jun 10, 2026 · 03:17 PM THE boss of one of India’s largest conglomerates predicted AI agents will replace half the jobs at IT leader Tata Consultancy Services in future, joining a growing list of company chiefs warning about major disruptions as artificial intelligence matures. Tata chairman Natarajan Chandrasekaran said TCS, Asia’s biggest…
Read MoreTSMC’s monthly sales rise 30% thanks to sustained AI chip demand
Revenue in May is NT$416.98 billion, with combined April and May sales up 24% from the year-ago period Published Wed, Jun 10, 2026 · 02:56 PM [TAIPEI] Taiwan Semiconductor Manufacturing (TSMC) reported a 30 per cent rise in its monthly sales, reflecting continued strength in demand spurred by a global rush to build artificial intelligence…
Read MoreUSMNT stressing getting off to quick start in home opener
IRVINE, Calif. — Ever since the U.S. men’s national team announced its roster for the World Cup, nearly every player has talked about the emotions they’ll feel walking out onto the field at SoFi Stadium on Friday. After Germany bossed the Americans around for the opening 15 minutes of a 2-1 loss in their final…
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