Posts by Liam Redmond
BT journalists clinch double win at Sias awards for financial journalism
[SINGAPORE] Two journalists from The Business Times clinched accolades for their work in financial journalism at the 2026 Investors’ Choice Awards by the Securities Investors Association (Singapore), or Sias. Senior correspondent Stanislaus Jude Chan, 46, was named Financial Journalist of the Year, and journalist Young Zhan Heng, 26, was awarded Most Promising Journalist of the…
Read MoreThe Knicks face a daunting question as the glow of their title fades
Congrats, Knicks, on raising the NBA title banner at Madison Square Garden before Tuesday night’s season opener against LeBron James and the 76ers. There will be no more talk about the 53-year drought without a title or questions about which star or coach or general manager might finally get the Knicks over the hump. The…
Read MoreSingapore to update restructuring and insolvency framework to better serve economy, businesses
Tong stressed that premature liquidation could destroy value and that financial distress does not necessarily mean a business is no longer viable [SINGAPORE] Forty years after judicial management was introduced in Singapore, the process has not always fulfilled its purpose of rescuing beleaguered but viable businesses and preserving their value. “Too often, it has become a…
Read MoreInterest payments on America’s $40 trillion debt eats up a huge piece of the budget — as deficit hits $2 trillion
America’s credit card bills are coming due — and they’re getting steep. The federal deficit for the year hit $2 trillion — the highest since the depths of COVID-19, when the government way paying for infection controls and bailouts of workers and companies affected by the pandemic. But that’s not necessarily a reflection of government…
Read MoreSingapore shares end higher, led by gains in local banks; STI up 0.6%
Published Wed, Oct 21, 2026 · 06:26 PM [SINGAPORE] Singapore stocks ended higher on Wednesday (Oct 21). The benchmark Straits Times Index (STI) gained 0.6 per cent or 33.97 points to finish at 5,437.99. Venture Corporation led the gainers on Singapore’s blue-chip index, rising 2.2 per cent or S$0.34 to S$15.75. The worst performer among…
Read MoreOCBC to add ringgit to Singapore-based savings accounts from Oct 23
Customers can hold up to RM50,000, earn interest on their balances and spend directly in Malaysia [SINGAPORE] OCBC will allow customers to hold the Malaysian ringgit in their Singapore-based multi-currency savings accounts from Friday (Oct 23), becoming the first non-Malaysian bank to offer the service. In a statement on Wednesday, the lender said that customers…
Read MoreCat A premium rises to S$132,004 in first tender after COE review announced; Cat B climbs to S$131,901
The proposed changes include merging categories A and B into a single passenger car category [SINGAPORE] Certificates of entitlement (COE) prices edged upwards at the Oct 21 tender exercise, with the price of Category A, meant for smaller, less powerful cars and electric vehicles (EVs), rising 1.5 per cent from S$130,001 to S$132,004. The price of Category B – used…
Read MoreCalifornia woman admits she prefers sleeping on airport floors to hotel beds in viral video: ‘I plan it’
No bed, no problem. A California woman is going viral after revealing why she deliberately spent the night sleeping on the floor of San Francisco airport rather than booking a hotel. Santeon Brown, 29, booked a spontaneous $20 flight from Los Angeles to San Francisco and, after arriving at night, decided to sleep at the…
Read MoreOpenAI AI Agents Disabled Their Own Safety Monitoring and Tried to Avoid Detection
OpenAI says two of its AI coding agents weakened or disabled parts of an internal system designed to detect model misbehavior, raising questions about whether advanced AI systems could develop a tendency to avoid monitoring. In two separate internal coding tasks, a GPT-6.1 Sol agent suppressed automatic security alerts, while a GPT-6 Astra agent removed…
Read MoreTaiwan’s competition watchdog quashes Grab’s acquisition of foodpanda in Taiwan
[SINGAPORE] Taiwan’s Fair Trade Commission (TFTC) announced on Wednesday (Oct 21) that it has barring Grab’s acquisition of foodpanda in Taiwan. The competition watchdog said it had identified a number of competition concerns, mainly Uber’s stake in Grab that could lead to both parties having a reduced incentive to compete and carve out distinct market…
Read MoreAustralian politician Helen Haines loses both legs after car attack
Doctors have amputated both of Australian federal lawmaker Helen Haines ‘ legs as she remains in critical condition after being repeatedly hit by a car in an apparent act of political violence, her husband said Wednesday. The 65-year-old independent politician is receiving treatment in a Melbourne hospital where she was flown by helicopter. Phil Haines, her husband,…
Read MoreDHS launches nationwide ICE operation targeting illegal immigrants accused of SNAP food stamp fraud
The Department of Homeland Security (DHS) has launched a nationwide operation targeting illegal immigrants accused of fraudulently obtaining benefits through the Supplemental Nutrition Assistance Program (SNAP), resulting in multiple arrests, Fox News has learned. U.S. Immigration and Customs Enforcement (ICE) confirmed the operation to Fox News, announcing several arrests of illegal immigrants accused of fraudulently…
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