Posts by Liam Redmond
Macquarie upgrades STI 12-month target to 6,000, giving its top picks
[SINGAPORE] Macquarie upgraded its 12-month target for Singapore’s benchmark Straits Times Index (STI) to 6,000, pointing to a “healthy cocktail” of macro economic tailwinds, rising domestic interest rates, and supportive government market initiatives. In a Wednesday (Jul 15) note, the financial services firm said that the new target implies a 14 per cent total market…
Read More10-hour Ga. manhunt ends after bloodhound K-9 locates brute accused of shooting mother of his child
A 10-hour manhunt in Georgia came to an end Tuesday after a bloodhound helped deputies track down a “dangerous” suspect accused of shooting the mother of his child and fleeing on foot. The suspect was identified as Darian Berry Sr., 46, a convicted felon, according to the Butts County Sheriff’s Office. The domestic incident unfolded Tuesday morning…
Read MoreQuiet market, low offers: MLT defends slow pace of S$1 billion divestment plan
Investors want the Reit to cut losses and accelerate exits in China, but its manager says it will not panic sell [SINGAPORE] The manager of Mapletree Logistics Trust (MLT) has defended the slow pace of its S$1 billion portfolio divestment ahead of its annual general meeting, blaming a slow property market and low-ball offers. The…
Read MoreChloe Kim shares on-stage kiss with boyfriend Myles Garrett after she presents him ESPY Award
Myles Garrett’s award-winning night got a little sweeter thanks to a familiar face. The Rams pass rusher took home the ESPY Award for Best Record-Breaking Performance on Wednesday night at the Lincoln Center in New York. But not only did Garrett get some hardware, but he was presented with the award — and an on-stage…
Read MoreTSMC‘s second-quarter profit seen hitting record on AI boom
Published Thu, Jul 16, 2026 · 11:28 AM [TAIPEI] TSMC, the world’s largest manufacturer of advanced AI chips, is expected to notch a fifth consecutive quarter of record earnings on Thursday (Jul 16), with a 59 per cent surge in net profit for April-June, driven by booming global demand for AI infrastructure. Analysts said demand for…
Read MoreKevin Durant weighs in on LeBron James sweepstakes
Everyone wants to know where LeBron James will sign this offseason. Kevin Durant weighed in on the highly touted free-agent sweepstakes Wednesday. “That’s the million-dollar question. I wish I knew. If I had to choose one, I would say Cleveland. But I think Philly got a good chance, too,” Durant said. Kevin Durant weighed in…
Read MoreAaron Judge’s status, Dodgers’ three-peat chase and trade deadline: MLB’s biggest second-half storylines
The All-Star Game is over and the true second half of the MLB season begins Thursday night, when the Mets visit the Phillies in a stand-alone game on ESPN in a matchup that probably seemed bigger when it was scheduled. Here’s a look at some of the top storylines the rest of the way as…
Read MoreBlackstone-backed AirTrunk eyes September, October launch for US$1.5 billion Singapore Reit IPO, sources tell Reuters
Published Thu, Jul 16, 2026 · 10:03 AM [SINGAPORE] Blackstone-backed AirTrunk is targeting a September or October launch for an initial public offering of a Singapore real estate investment trust that could raise about US$1.5 billion, two people with direct knowledge of the matter said. The data centre operator has filed confidentially for the listing…
Read MoreBank of Korea hikes rates for first time in 3½ years to curb inflation and won slump, signals more
Published Thu, Jul 16, 2026 · 09:28 AM — Updated Thu, Jul 16, 2026 · 02:56 PM [SEOUL] South Korea’s central bank raised its benchmark interest rate for the first time in 3½ years on Thursday (Jul 16) and flagged more to come, as brisk growth in Asia’s fourth-largest economy fanned inflation risks. The seven-member…
Read MoreBank of Korea hikes rates for first time in 3.5 years to curb inflation and won slump
It says the economic growth rate for South Korea is expected to ‘considerably exceed’ the bank’s May forecast of 2.6% Published Thu, Jul 16, 2026 · 09:28 AM — Updated Thu, Jul 16, 2026 · 03:47 PM [SEOUL] South Korea’s central bank raised its benchmark interest rate for the first time in 3.5 years on…
Read MoreBank of Korea hikes rates for first time in 3-1/2 years to combat inflation, won slump
Published Thu, Jul 16, 2026 · 09:28 AM [SEOUL] South Korea’s central bank raised its benchmark interest rate for the first time in three and a half years to 2.75 per cent on Thursday (Jul 16) as was widely expected to stabilise a slumping won and counter persistent inflationary pressure. The seven-member monetary policy board…
Read MoreBank of Korea hikes rates for first time in 3½ years to combat inflation, won slump
Published Thu, Jul 16, 2026 · 09:28 AM [SEOUL] South Korea’s central bank raised its benchmark interest rate for the first time in three and a half years to 2.75 per cent on Thursday (Jul 16) as was widely expected to stabilise a slumping won and counter persistent inflationary pressure. The seven-member monetary policy board…
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