Posts by Liam Redmond
New Zealand central bank raises rates by 25 bps, flags gradual tightening path
Published Wed, Sep 2, 2026 · 11:26 AM [WELLINGTON] New Zealand’s central bank raised its official cash rate by 25 basis points to 2.75 per cent on Wednesday (Sep 2) and flagged further tightening was likely, but emphasised this would be gradual and saw significant downside risks to the economy. The move was widely expected,…
Read MoreShein shares slide over 3% after lacklustre Hong Kong trading debut
Higher import duties in key markets, growing regulatory risks hampering Shein’s growth prospects Published Wed, Sep 2, 2026 · 11:25 AM [HONG KONG] Shares of Shein slipped more than 3 per cent on Wednesday (Sep 2), a day after a lacklustre debut session following a long-awaited initial public offering. The online fast-fashion retailer’s stock tanked…
Read MoreBrothers of famed musical family arrested after routine traffic stop escalates
The DeBarge brothers just can’t seem to stay out of trouble. James and Chico DeBarge — members of the famous musical family behind R&B and pop hits including “Rhythm of the Night” and “I Like It” — were arrested Friday in Burbank on suspicion of possessing a controlled substance. The latest bust unfolded around 1:30…
Read MoreBack to campus: A fearful time for Jewish students at Cal Poly
The back-to-school season is an exciting time, when everything is new and filled with opportunity. For Jewish college students at California Polytechnic State University in San Luis Obispo, though, the thrill of the new year is tinged with fear. Title VI of the Civil Rights Act of 1964 is supposed to protect students, including Jews,…
Read MoreBOJ’s Ueda to decide on interest rate hike with upside price risks in mind
Published Wed, Sep 2, 2026 · 09:48 AM BANK of Japan Governor Kazuo Ueda said the bank’s board would decide on policy with upside price risks in mind, a comment that may further fuel market speculation over a potential interest rate hike at a meeting later this month. The central bank will have a thorough…
Read MoreBOJ chief signals chance of September rate hike, debate on price risks
Published Wed, Sep 2, 2026 · 09:48 AM — Updated Wed, Sep 2, 2026 · 01:13 PM [ASHEVILLE, North Carolina] The Bank of Japan will debate raising interest rates including in September with a focus on whether inflationary risks were heightening, its governor Kazuo Ueda said on Tuesday (Sep 1), signalling a strong chance of…
Read MoreSouth Korean stocks slip 2.9% as Asian equities fall on oil gains, bonds drop
Escalating US-Iran fighting raises risks of disruptions to oil flows through the Strait of Hormuz Published Wed, Sep 2, 2026 · 09:32 AM ASIAN stocks declined as surging oil prices drove global bond yields higher and fuelled concerns that resurgent inflation will force central banks to tighten monetary policy. MSCI’s Asia Pacific equities gauge fell…
Read MoreGold approaches lowest level since Aug 19 on rising global bond yields, US Fed hike bets
Published Wed, Sep 2, 2026 · 09:24 AM GOLD fell to the lowest in almost two weeks as a global bond sell-off sent yields higher, with traders betting the US Federal Reserve may need to raise interest rates to contain inflationary pressure from elevated oil prices. Bullion dropped as much as 2.5 per cent to…
Read MoreGold hits over 3-week low as Iran war tensions fan US rate hike fears
Prices head for a fourth straight session of losses and remain below the 200-day moving average Published Wed, Sep 2, 2026 · 09:24 AM — Updated Wed, Sep 2, 2026 · 10:46 AM [BENGALURU] Gold fell on Wednesday (Sep 2) to its lowest in more than three weeks, as the escalating Middle East conflict lifted…
Read MoreRising star Flavio Cobolli’s new approach to pressure fuels furious rally to survive US Open upset bid
The buzz — a packed Louis Armstrong Stadium — was palpable for the first match Tuesday, with play delayed on the outside courts due to rain and roars echoing throughout as Flavio Cobolli started to stage his comeback from down two sets. He entered the U.S. Open seeded No. 5, cracking into the top 10…
Read MoreKeppel DC Reit’s private placement upsized to S$625 million after ‘strong demand’
[SINGAPORE] Keppel DC Reit’s private placement to partially fund the majority acquisitions of two Japan data centres has been upsized from S$600 million to S$625 million on “strong demand” from investors, its manager said on Wednesday (Sep 2). DBS, OCBC, Jefferies Singapore and UOB were the joint bookrunners and underwriters for the private placement, which…
Read MoreWinning formula: Stan Kroenke brings championship pedigree as Angels new owner
The Angels have a new owner. And he is no stranger to the sports world within Los Angeles, around the country and across the globe. Billionaire businessman Stan Kroenke set an MLB record by buying the Angels from Arte Moreno for $4 billion on Tuesday. However, the team is just the latest to join his…
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