Posts by Liam Redmond
For decades, most American teens worked summer jobs — not Gen Z
So much for scooping ice cream, if you’re in Gen Z. Only about a third of American teenagers had summer jobs this year, compared to more than half three decades ago, new research shows. Fewer Gen Zers are donning embarrassing uniforms to work for peanuts in the heat, with just 35.5% of 16-to-19-year-olds holding gigs this summer,…
Read MoreSingapore stocks fall on Thursday; STI down 0.4%
Published Thu, Aug 20, 2026 · 06:50 PM [SINGAPORE] Singapore stocks ended lower on Thursday (Aug 20). The benchmark Straits Times Index (STI) lost 0.4 per cent or 22.33 points to finish at 5,671.91. CapitaLand Investment led the gainers on Singapore’s blue-chip index, rising 1.5 per cent or S$0.04 to S$2.67. The worst performer among…
Read MoreCNMC Goldmine to transfer to SGX mainboard on Aug 28
[SINGAPORE] CNMC Goldmine shareholders have approved the Catalist-listed gold producer’s transfer to the Singapore Exchange mainboard, said the company on Thursday (Aug 20). Shareholders approved the transfer at its extraordinary general meeting on Wednesday. About 97.5 per cent of votes were cast in favour of the transfer, which was proposed in May. The transfer will…
Read MoreNJ fire department shut down after 118 years as mayor claimed residents were not safe
Flamed out. A New Jersey fire department that has helped a community for over a century was shut down following a years-long push from the mayor to close the historic firehouse, who felt insufficient staffing created unsafe conditions for residents. The Woodbridge Township Council voted 8-1 on Aug. 12 to pass a measure that will…
Read MoreSDC Capital said to consider US$1 billion Singapore Reit IPO
Published Thu, Aug 20, 2026 · 05:49 PM [SINGAPORE] US digital infrastructure firm SDC Capital Partners is planning a real estate investment trust listing in Singapore that could raise about US$1 billion, according to people familiar with the matter. SDC is working with advisers on the potential initial public offering, which might take place as…
Read MoreSDC Capital considering US$1 billion Singapore Reit IPO: sources
US digital infrastructure firm is reportedly working with advisers on the potential IPO, which might take place as soon as next year Published Thu, Aug 20, 2026 · 05:49 PM [SINGAPORE] US digital infrastructure firm SDC Capital Partners is planning a real estate investment trust (Reit) listing in Singapore that could raise about US$1 billion,…
Read MoreBitcoin roars past US$70,000 as yields sink, Trump sparks optimism
Published Thu, Aug 20, 2026 · 05:37 PM [LONDON] Bitcoin surpassed US$70,000 for the first time in over two months, propelled by US Treasury Secretary Scott Bessent’s successful move to push US bond yields lower and a high-stakes meeting President Donald Trump held with industry leaders. Bitcoin rose more than 3 per cent to over…
Read MoreTuas Power to build 670 MW plant to meet Singapore’s growing electricity needs
The new combined cycle gas turbine generating unit is set to be operational by 2031 [SINGAPORE] Tuas Power has won the right to build, own and operate a new combined cycle gas turbine (CCGT) generating unit, said the Energy Market Authority (EMA) on Thursday (Aug 20). The CCGT is expected to provide 670 megawatts (MW)…
Read MoreRussian missile barrage across Ukraine’s capital kills at least 12, wounds 33
A Russian missile barrage overnight Thursday killed at least 12 people in Kyiv as explosions echoed across Ukraine’s capital throughout the night, local authorities said. At least 33 people were wounded, according to Ukraine’s Emergency Service. The air raid alert remained active into the early morning hours Thursday. Firefighters work near the site of an…
Read MoreSamsung planning shareholder return of US$72 billion: report
Published Thu, Aug 20, 2026 · 04:02 PM SAMSUNG Electronics is planning to announce a shareholder return plan topping 100 trillion won (US$72 billion), South Korean financial news site MoneyToday reported citing unidentified industry officials, a day after rival SK Hynix announced a record stock buyback. The company plans to use 50 per cent of…
Read MoreSamsung to convene board meeting, weighs up to US$79 billion in shareholder returns
The package is expected to range between 90 trillion won (US$65 billion) and 110 trillion won Published Thu, Aug 20, 2026 · 04:02 PM — Updated Fri, Aug 21, 2026 · 11:22 AM [SEOUL] Samsung Electronics plans to hold a board meeting on Friday (Aug 21) afternoon to discuss a new shareholder return package which…
Read MoreMorning coffee could interfere with popular weight-loss pill, doctors warn
Those who take oral glucagon-like peptide-1 (GLP-1) medications, such as Wegovy tablets, are advised not to take the medication with morning coffee or tea. According to FDA prescribing information, Wegovy tablets should be taken on an empty stomach with up to 4 ounces of water — and no other liquids. Patients should wait at least 30…
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