Posts by Liam Redmond
SK Hynix plunges after Nasdaq debut amid profit-taking, diminishing earnings optimism
Published Mon, Jul 13, 2026 · 03:39 PM [SEOUL] SK Hynix shares fell more than 15 per cent in trading on Monday (Jul 13), its biggest one-day decline on record, as investors in Seoul cashed out of a scorching share price rally following its Nasdaq debut on Jul 9. The declines in SK Hynix’s shares,…
Read MoreTSMC sales surge 36% in fresh sign of AI spending momentum
Revenue for the three months ended June totalled NT$1.27 trillion (US$39.6 billion) Published Mon, Jul 13, 2026 · 03:28 PM [TAIPEI] Taiwan Semiconductor Manufacturing reported quarterly sales rose 36 per cent, meeting high expectations and signalling global demand for AI hardware remains intact. Revenue for the three months ended June totalled NT$1.27 trillion (US$39.6 billion)…
Read More‘Jurassic Park’ star Sam Neill was beaming in last public appearances before his death at 78
Sam Neill – best known for his role in the Steven Spielberg-directed blockbuster “Jurassic Park” – was all smiles as he attended a music hall of fame ceremony just weeks before his death at 78. The actor beamed in a selfie taken with the singer Kate Ceberano – who was inducted into the Australian Recording…
Read MoreMatt Damon recalls the frantic flight that nearly cost him Red Sox history
Matt Damon rearranged his travel plans so he wouldn’t miss one of the biggest moments in Boston sports history. The Oscar-winning actor recently recalled racing home from Europe during the filming of “Syriana” so he could watch the Boston Red Sox begin their historic 2004 World Series run after the team defeated the New York Yankees in the American…
Read MoreShips pass through Hormuz in secret as US and Iran exchange tit-for-tat attacks
Observable crossings taking the US-supported southern corridor along the Omani coast have ground to a complete halt Published Mon, Jul 13, 2026 · 02:07 PM A STEADY stream of ships have passed through the Strait of Hormuz in secret in recent days, while observable traffic has dwindled, following the resumption of fighting between the US…
Read MoreQuit whining, AOC: Gen Z should THANK Boomers for what they’re leaving behind
Alexandria Ocasio-Cortez says she knows why socialism is on the rise: Blame it on the Boomers. “Millennials and Gen Z combined, now for the first time, are eclipsing the number of Baby Boomers,” she explained recently. “Young people overall feel a tremendous amount of betrayal about the world we’ve been left.” It’s inarguable that younger…
Read MoreKeppel secures deal for final Bifrost cable pair; total contracts value hits US$1.3 billion
The project will generate an internal rate of return of about 30% for the asset manager and its private fund investors [SINGAPORE] Asset manager Keppel on Monday (Jul 13) said it has inked an indefeasible right of use agreement with a global hyperscaler for the fifth fibre pair on the Bifrost Cable System, via the…
Read More2026 FIFA World Cup Golden Boot race: Kylian Mbappe takes lead over Lionel Messi
The race for the Golden Boot award has come down to a sprint to the finish. With just four matches left in the 2026 FIFA World Cup, it has become a pressure cooker. France superstar Kylian Mbappé reclaimed the top spot after scoring in Les Bleus’ 2-0 quarterfinal victory over Morocco. He is level with…
Read MoreSBI Funds IPO anchor book 20 times subscribed; draws Singapore’s GIC, Capital Group, BlackRock: Bloomberg
The offering also attracted strong demand from India’s leading mutual funds and insurance companies Published Mon, Jul 13, 2026 · 12:57 PM THE Capital Group, BlackRock, Fidelity Investments and Goldman Sachs Asset Management are among key investors that participated in the anchor book of SBI Funds Management, which was subscribed more than 20 times before…
Read MoreTim Walz mobilizes National Guard to battle wildfires in Minnesota
Minnesota Governor Tim Walz mobilized state National Guard troops on Sunday to battle wildfires on the state’s northern border with Canada. The fires have covered more than 800 acres in five days and are yet to be contained, according to a Minnesota state website. They are among the latest in a swath of fires that…
Read MoreIran isn’t the only conflict vexing the global oil market
Even as crude prices ease, prices of refined petroleum products remain elevated amid escalating Russia-Ukraine war tensions [LONDON] The end of the Iran war, despite all the ups and downs in the ceasefire talks, has solved one oil problem. The price of crude has fallen to less than US$75 a barrel, roughly where it was…
Read MoreAustralia, New Zealand dollars lose ground as Gulf fighting intensifies
The Reserve Bank of Australia could be done hiking after three rate rises to 4.35 % Published Mon, Jul 13, 2026 · 12:04 PM [SYDNEY] The Australian and New Zealand currencies fell on Monday (Jul 13) as intensifying fighting in the Gulf pushed oil prices higher, reviving inflation fears and driving investors into the safety…
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