Posts by Liam Redmond
Singapore Kitchen CEO, senior manager charged with alleged fraud, falsifying accounts; both to stay in jobs for now
Board says it’s in ‘best interest of company’ for them to remain in their positions [SINGAPORE] Singapore Kitchen Equipment’s (SKE) chief executive officer and senior manager were charged in relation to a probe by the Commercial Affairs Department (CAD). SKE on Thursday (Jun 4) said its CEO Sally Chua Chwee Choo, who is also SKE’s…
Read MoreJerry O’Connell is going through it as celebrity Knicks — and ‘Summer House’ — fan
From drama of the heart to drama on the hardcourt. Actor and diehard Knicks fan Jerry O’Connell opened up to Page Six about the roller coaster of emotions leading to him attending Game 1 of the NBA Finals on Wednesday night in San Antonio. “I’ve had such a week,” O’Connell, the former “Jerry Maguire” actor,…
Read MoreSingapore stocks slide as Iran ceasefire wavers, Fed rate hike fears grow
STI down 1%; DBS leads decline, dropping 1.3% to wipe out S$2.3 billion in market value [SINGAPORE] Singapore equities were a sea of red on Thursday (Jun 4) morning after hostilities in the Middle East flared again, further weakening the shaky ceasefire in the region. The Straits Times Index was down about 1 per cent…
Read MoreSingapore stocks slide on Iran ceasefire wavers, Fed rate hike fears
STI down 1%; DBS leads decline, dropping 1.3% to wipe out S$2.3 billion in market value [SINGAPORE] Singapore equities were a sea of red on Thursday (Jun 4) morning after hostilities in the Middle East flared again, further weakening the shaky ceasefire in the region. The Straits Times Index was down about 1 per cent…
Read MoreMarco Polo Marine shares plans to unlock value as boutique fund manager becomes substantial shareholder
CEO Sean Lee says company is riding growth momentum and hiving off shipyard business to Fuji Offset in RTO to fund expansion [SINGAPORE] For years, Marco Polo Marine has been flying under investors’ radar – operating a respectable but staid marine logistics business. But its move to carve out and inject its shipyard business into…
Read MoreGold rises as dip-buyers return after Israel-Lebanon ceasefire
The protracted disruption to energy flows via Hormuz has driven oil prices higher and raised concerns around global inflation Published Thu, Jun 4, 2026 · 09:19 AM [SINGAPORE] Gold pushed higher after Israel and Lebanon agreed to a conditional ceasefire, a possible step towards resolving the wider Middle East conflict that’s upended global energy markets…
Read MoreCalifornia’s revolt: Spencer Pratt, Steve Hilton stun Democrats in early result shake-up
California voters frustrated by the routine failures of state and local leadership look set to send Spencer Pratt and Steve Hilton to runoff elections for mayor and governor after the first few ballot drops. Spencer Pratt, who rose to fame as the bad boy in MTV’s show “The Hills,” is nipping at the heels of…
Read MoreStoneweg Europe Stapled Trust sells French warehouse asset Parc de Meslay for 5.7 million euros
The CEO of the manager says the divestment is part of the trust’s ongoing portfolio optimisation initiatives [SINGAPORE] The manager of Stoneweg Europe Stapled Trust (Sert) on Thursday (Jun 4) said that it entered into a binding agreement for the divestment of Parc de Meslay in France for 5.7 million euros (S$8.5 million). The divestment…
Read MoreUS Fed’s Kevin Warsh inherits economy increasingly squeezed by inflation
Published Thu, Jun 4, 2026 · 08:34 AM US FEDERAL Reserve chairman Kevin Warsh inherits an economy bolstered by an artificial intelligence investment boom but pinched by rising prices from the Iran war, a Fed survey showed on Wednesday (Jun 3), setting up a fight over an interest rate hike at his debut policy meeting…
Read MoreBroadcom slides after AI chip outlook disappoints investors
The chipmaker will deploy three gigawatts of computing power for Meta through the end of 2028 Published Thu, Jun 4, 2026 · 08:13 AM [WASHINGTON] Broadcom shares fell in extended trading after the company delivered a disappointing forecast for artificial intelligence chip revenue, signalling its efforts to gain ground in the burgeoning industry are going…
Read MoreClar buys Tuas logistics property for S$133.9 million
[SINGAPORE] CapitaLand Ascendas Reit (Clar) is buying a modern ramp-up logistics facility at 5 Tuas Avenue 5 for a purchase consideration of S$133.9 million in cash. The purchase price represents a 1.5 per cent discount to the property’s independent market valuation of S$136 million as at Feb 1, 2026. The transaction is expected to be…
Read MoreJill Biden claims she’s brutally honest with Joe during book event: ‘Because no one else will be’
Jill Biden claimed that she’s as honest with husband Joe Biden as she is with her students. The former first lady, at an event for her memoir at the Sixth & I Synagogue in Washington, DC, Wednesday, was read some of the reviews of her teaching from Rate My Professor, where her students noted she…
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