Posts by Liam Redmond
Hong Kong data centre loan sale shows banks limiting sector exposure
Borrowing to fund AI raises worries over aggressive spending on tech that has not yet delivered consistent returns Published Wed, Jul 29, 2026 · 09:14 AM [HONG KONG] An attempt by a lender to offload a portion of a loan backing a Hong Kong data centre project is highlighting a global trend of banks reshuffling…
Read MoreBreanna Stewart puts on GM hat as Liberty face pivotal WNBA trade deadline
LOS ANGELES — Breanna Stewart doesn’t know whether she’ll want to work in a WNBA front office down the line. “I like kind of thinking about the formula and putting the right pieces together for success and stuff like that,” Stewart told The Post after Tuesday’s shootaround. “I will not coach. I do not want…
Read MoreStocks to watch: SIA, Keppel Reit, ST Engineering, DFI Retail, MLT, Hongkong Land, Clint
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Jul 29): Singapore Airlines (SIA) : The national carrier sank into the red with a net loss of S$76 million for its first quarter ended Jun 30, compared with a net profit of S$186 million in the previous corresponding…
Read MoreGold holds decline as traders assess prospects for Fed rate hike
Published Wed, Jul 29, 2026 · 08:16 AM — Updated Wed, Jul 29, 2026 · 12:26 PM [SINGAPORE] Gold held a decline ahead of a finely-balanced interest rate decision by the US Federal Reserve due later on Wednesday (Jul 29), while tensions persisted in the Middle East. Bullion was near US$4,020 an ounce, after declining 1.1…
Read MoreGold edges lower as traders assess prospects for Fed rate hike
It extends a decline from the prior session ahead of a US central bank decision due later on Wednesday Published Wed, Jul 29, 2026 · 08:16 AM [SINGAPORE] Gold edged lower ahead of a finely balanced interest rate decision by the US Federal Reserve due later on Wednesday (Jul 29). Bullion was near US$4,020 an…
Read MoreKeppel Reit H1 DPU dips 4% to S$0.0261 on enlarged unit base, sells Ginza office block for US$70 million
[SINGAPORE] Keppel Real Estate Investment Trust (Reit) on Wednesday (Jul 29) posted a distribution per unit of S$0.0261 for its first half ended June, a 4 per cent decline from S$0.0272 for the same period last year. This was due to an enlarged unit base for the distribution period, the Reit’s manager said in a…
Read MoreWelcome to Camp Harbaugh, where Giants’ transformation begins
WHITE SULPHUR SPRINGS, W.Va. — The new sheriff in town goes to work in earnest now training his New York Football Giants at Camp HARDbaugh. It will be culture shock for Giants remaining from the Brian Daboll era, but the 10 taxing practices in 11 days will be all too familiar to the Ravens who…
Read MoreTech employees call for US-backed global effort to manage risks of advanced AI
Published Wed, Jul 29, 2026 · 08:00 AM MORE than 1,100 employees from leading tech firms on Tuesday (Jul 28) urged the US government to support an international effort to develop tools for managing the pace of advanced AI development. The statement comes as AI companies pursue increasingly powerful systems, raising concerns that developments could…
Read MoreExclusive | Longtime New Yorkers fume after being hit with massive pied-à-terre tax bills: ‘Is this a witch hunt?’
New Yorkers were seething Tuesday after Mayor Zohran Mamdani’s administration alerted them they’d be on the hook for the state’s new pied-à-terre tax — which was explicitly sold as a levy targeting wealthy owners of luxury second homes. Longtime residents — some who have called the Big Apple home for decades and own a single…
Read MorePayPal presses on with turnaround in pivotal quarter as sale questions linger
PayPal has described Stripe’s and Advent International’s offer to acquire the company as inadequate Published Wed, Jul 29, 2026 · 06:57 AM PAYPAL doubled down on its turnaround plan on Tuesday (Jul 28), raising its 2026 profit forecast and outlining cost-saving steps, as it looks to convince investors that it is worth more than the…
Read MoreIncoming Apple CEO aims to build on movie and TV progress
Published Wed, Jul 29, 2026 · 06:29 AM [LOS ANGELES] Apple‘s incoming CEO, hardware chief John Ternus, said he was committed to building on the company’s momentum in the entertainment business when he takes the helm of the iPhone maker in September. The technology giant began offering original TV series and films through the Apple TV+ streaming…
Read MoreCoca-Cola hails World Cup hydration breaks as it lifts annual forecasts
Published Wed, Jul 29, 2026 · 06:18 AM WHILE fans complained about World Cup hydration breaks slowing the pace of the games, top sponsor Coca-Cola was pleased with the boost they provided to its energy drinks sales that drove strong quarterly results and a raise in annual targets. The hydration breaks that split the matches into…
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