Posts by Liam Redmond
Geo Energy secures offtake, mining services MOUs to back coking coal push
Initial feasibility studies estimate reserves in the Central Kalimantan site of 15 million to 20 million tonnes [SINGAPORE] Coal producer Geo Energy Resources has secured two non-binding memorandums of understanding (MOUs) tied to its planned expansion into high value coking coal in Central Kalimantan. The company announced on Monday (May 18) that it had agreed…
Read MoreWhat’s at stake in John Harbaugh’s first Giants OTAs
In the 118 days since he was introduced as Giants head coach, John Harbaugh has done pretty much everything besides lead the 11-man offense against the 11-man defense. That milestone finally can be reached Tuesday, when OTAs begin. Media will have eyes on a Harbaugh-led practice with the veterans for the first time on Thursday.…
Read MoreEver Glory order book tops S$900 million on LTA, RWS contract wins
[SINGAPORE] Ever Glory United announced on Monday (May 18) that it has secured about S$230 million in new contracts, pushing the group’s total order book past S$900 million. The latest contracts are for projects by the Land Transport Authority (LTA) and Resorts World Sentosa. Besides the latest additions to the order book, Ever Glory pointed…
Read MoreEx-CDL director Kwek Leng Peck rejoins board, six years after resigning over disagreements
He is the cousin of executive chairman Kwek Leng Beng and will be appointed vice-chairman [SINGAPORE] In October 2020, City Developments Ltd (CDL) non-executive and non-independent director Kwek Leng Peck resigned from his post following a disagreement with the board and management on the group’s investment in a Chinese property group and the management of…
Read MoreRussian attacks kill one, injure more than 30 in Ukraine overnight, officials say
Russia launched drones, airstrikes and shelling at Ukraine overnight, targeting cities such as Odesa in the south and Dnipro in the southeast, killing one person and injuring more than 30, Ukrainian officials said on Monday. Drones hit residential buildings, a school and a kindergarten in the major Black Sea export port of Odesa, Serhiy Lysak,…
Read MoreTech leaders funding Matt Mahan’s campaign for California governor say it’s not about tech
San José Mayor Matt Mahan’s run for California governor has been defined from the start by his donor list. Mahan entered the race late and with little statewide name recognition, but catapulted into contention thanks to massive funding from billionaire tech titans, venture capitalists, cryptocurrency investors and other Silicon Valley elites. In a state with…
Read MoreDems’ idiotic rhetoric on courts reveals what they’re really after
The story plays out the same way virtually every time. Democrats, egged on by the increasingly powerful progressive base, push some obviously unconstitutional scheme that they contended is needed to preserve “democracy.” The courts inevitably knock down the ploy. Frustrated, Democrats ratchet up the anger, promising to “reform” the judiciary that stands in their way.…
Read MoreIkea franchiser slashes 850 jobs in cost-cutting drive as consumer spending falls
Published Mon, May 18, 2026 · 05:02 PM [LONDON] Inter Ikea, which franchises the Swedish budget home furniture brand in 63 countries, is laying off 850 workers in a cost-cutting drive as consumer demand falls and the blue big-box retailer works to become more efficient and bring down prices. The vast company manages the sourcing…
Read MoreGlobal energy shock tests Philippine lenders’ resilience
They are switching to a defensive stance as new central bank relief measures begin to bite [MANILA] After posting a strong start to 2026, the Philippines’ top lenders are bracing for a potential earnings hit as analysts warn that new energy crisis relief measures from the central bank could weigh on interest income. The scenario…
Read MoreHSBC to lend US$4 billion to help China clean tech scale globally
The bank will extend credit terms, streamline credit approvals and develop tailored solutions for eligible companies Published Mon, May 18, 2026 · 02:05 PM [LONDON] HSBC launched a dedicated US$4 billion credit facility on Monday (May 18) to support the global expansion of mainland Chinese companies involved in sustainable and transition technologies including clean power,…
Read MoreGoldman says central banks to step up gold-buying, aiding prices
The precious metal has struggled since the outbreak of the war in the Middle East Published Mon, May 18, 2026 · 01:05 PM [SINGAPORE] Central banks are expected to step up gold-buying, helping prices to recover by year-end, according to Goldman Sachs. Purchases are expected to pick up to average 60 tonnes a month over…
Read MoreChaos Isn’t A Threat—It’s Free Market Share
I’ve lived through war headlines, pandemics, platform shifts, and now the drumbeat of AI. Every time the world shakes, I see the same pattern. Panic takes out the unprepared. The rest of us have a choice: freeze or move. My view is simple: disruption is not the enemy—stagnation is. Marketing isn’t going away. Demand isn’t…
Read More