Posts by Liam Redmond
More Asia investors turning to Europe for diversification in multi-polar world, says DWS
[SINGAPORE] Asian investors with significant capital already allocated to the US are increasingly looking to diversify into Europe, as a more fragmented geopolitical landscape reshapes global investment flows. The observation comes from Dirk Goergen, global head of the client coverage division of European asset manager DWS. Speaking to The Business Times in an exclusive interview…
Read MoreMom of 5 struck and killed by stray bullet while buying slushies with her kids: ‘It was just senseless’
A Missouri mother tragically died in front of her children when she was caught in the crossfire of two feuding groups at a gas station Tuesday evening, according to her family and police. Shakeela Martin, a “devoted mother to five children,” was buying slushies with her kids when she was killed at a BP in…
Read MoreBain, KKR, KV Asia shortlisted for Malaysia’s Avisena Healthcare stake sale as valuation hits US$368 million: sources
South-east Asia healthcare assets draw strong investor interest amid rising incomes and ageing populations Published Fri, Jul 3, 2026 · 11:55 AM [SINGAPORE] Bain Capital, KKR and KV Asia Capital have been shortlisted to buy a minority stake in Avisena Healthcare in a deal that could value the Malaysian healthcare firm at about RM1.5 billion…
Read MoreUS officials feared Israel was plotting to kill head Iranian negotiators: report
The US believed Israel was plotting to kill Iran’s head negotiators in the middle of the peace talks, with America going as far as to warn Tehran through third party countries of the risks, officials said. Fears that Israel could derail the fledgling peace talks spiked in April as America believed the Jewish state had…
Read MoreAlibaba, Tencent join US$2 billion funding for Kuaishou’s Kling AI
The company may potentially raise as much as about US$3 billion as more investors may take part in future Published Fri, Jul 3, 2026 · 11:00 AM [HONG KONG] Alibaba Group Holding joined a US$2 billion financing round for Kuaishou Technology’s Kling AI, valuing the creator of one of China’s most popular generative video services…
Read MoreMicrosoft mobilises 6,000 workers to help customers adopt AI
The division will help customers deploy AI more efficiently and inform Microsoft’s product development decisions Published Fri, Jul 3, 2026 · 10:48 AM [SAN FRANCISCO] Microsoft is setting up a new organisation with 6,000 employees to help businesses with the technical and strategic work of deploying artificial intelligence. The division’s workers will have experience across…
Read MoreJaylen Brown opens up about 76ers trade — and how he has to change attitude former nemesis
“The Process” is rejuvenated in Philadelphia — at least according to its newest star, Jaylen Brown. Brown, who was dealt by the Celtics to the 76ers in a blockbuster swap on Wednesday, declared that “the process” — the term used to reference Philadelphia’s rebuilding phase last decade — is “back the f–k on.” “Alright, I’m…
Read MoreSembcorp shares fall to four-month low after Citi cuts profit forecasts
[SINGAPORE] Shares of Sembcorp Industries fell 3.9 per cent to a four-month low of S$5.95 in early trade on Friday (Jul 3) after Citi slashed its profit forecasts for the counter. In a report on Thursday evening, Citi analyst Luis Hilado cut the brokerage’s recurring profit forecast for Sembcorp for the next three years by…
Read MoreSembcorp shares fall to four-month low; Citi cuts profit forecasts
The counter declined 4.2% earlier on Friday, but has pared some losses to be 3.7% down as at midday [SINGAPORE] Shares of Sembcorp Industries fell as much as 4.2 per cent to a four-month low of S$5.93 on Friday (Jul 3) after Citi slashed its profit forecasts for the company. The counter recovered somewhat but…
Read MoreTrump thinks Musk will donate SpaceX stock to US child savings scheme
Published Fri, Jul 3, 2026 · 09:57 AM [WASHINGTON] US President Donald Trump said he thinks Elon Musk will donate SpaceX stock to the Trump accounts initiative, following other technology executives who have embraced the new investment vehicles for children. “Well, I think that he will do that,” Trump said in an interview on Thursday…
Read MoreNJ Transit commutes thrown into chaos as extreme heat causes delays, cancellations
NJ Transit riders faced a hellish commute Thursday after extreme heat caused a slew of lengthy delays and cancellations — just a day after a 3% fare hike went into effect. The state’s transit service said equipment issues sparked several delays that snarled morning and evening commutes as an oppressive “heat dome” blanketed the tri-state…
Read MoreAsian markets find footing as US jobs data, PMIs lift stocks
MSCI’s broadest index of Asia-Pacific shares outside Japan rises 2.2% after two consecutive days of declines Published Fri, Jul 3, 2026 · 09:33 AM — Updated Fri, Jul 3, 2026 · 03:38 PM [SINGAPORE] Stocks rose during the Asian trading session on Friday (Jul 3) after a lukewarm US jobs report poured cold water on…
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