Posts by Liam Redmond
Swatch claiming US$170 million in damages against Samsung over trademark infringement
Published Fri, Jun 26, 2026 · 06:48 PM [LONDON] Swiss watchmaker Swatch is seeking US$170 million in damages in a lawsuit against Samsung in which it claims the South Korean electronics giant allowed digital clones of Swatch watches on Samsung smartwatches, the Financial Times reported on Friday (Jun 26) citing court documents. A British judge…
Read MoreIs 43 the new 35? Anne Hathaway, (and the rest of Hollywood) take on the ‘geriatric’ pregnancy myth
Anne Hathaway just blew up one of society’s most stubborn taboos. At 43, the Oscar winner is expecting her third child with husband Adam Schulman, and her announcement has reignited an age-old debate: When, exactly, is a woman supposedly “too old” to become a mother? Hathaway shared the pregnancy on Instagram with a video that…
Read MoreRussia reports one of the biggest Ukrainian drone attacks on its soil and annexed Crimea
Russian air defenses intercepted 660 Ukrainian drones in a major nighttime attack on 12 Russian regions as well as the Russia-held Crimean peninsula, the Black Sea and the Azov Sea, Russia’s Defense Ministry said Friday. It appeared to be one of the biggest drone attacks on Russia and the illegally annexed Crimea since Russia’s full-scale invasion…
Read MoreChina securities regulator ordered cross-border swap curbs, sources say
China’s TRS exposure is about 500 billion yuan (S$95.1 billion), mostly in overseas equities Published Fri, Jun 26, 2026 · 05:27 PM [HONG KONG/SHANGHAI] New measures this week to restrict mainland investors from using derivatives as a back-door to access global markets were ordered by China’s securities regulator, people familiar with the matter said, signalling…
Read MoreLate injury can’t dampen USMNT’s Auston Trusty’s first international goal
INGLEWOOD, Calif. —- When Sebastian Berhalter’s corner kick floated toward the back post, most of the sellout crowd of 70,492 supporters were still settling into their seats. Some were waiting in line for beer, others were still still enveloped in conversation of how excited they were to witness a World Cup game. Then Auston Trusty…
Read MoreSouth Korean shares post worst week since March on US tech sell-off
Published Fri, Jun 26, 2026 · 04:47 PM [SEOUL] South Korean shares dropped sharply on Friday to post their biggest weekly fall in more than three months, as overnight losses in US tech stocks prompted investors to book profits. The benchmark Kospi closed down 519.09 points, or 5.81 per cent, at 8,411.21, after falling 9 per cent…
Read MoreVolkswagen CEO aims to cut up to 100,000 jobs in the next few years
Published Fri, Jun 26, 2026 · 04:43 PM [BERLIN] Volkswagen CEO Oliver Blume aims to cut up to 100,000 jobs from the current workforce worldwide over the next few years and discontinue production at four of the group’s German plants, Manager Magazin reported on Friday (Jun 26). The magazine also said Blume intends to reduce…
Read MoreNikkei ends 4% lower as SoftBank tanks on OpenAI IPO delay report
Published Fri, Jun 26, 2026 · 04:26 PM [TOKYO] Japan’s Nikkei share average closed 4 per cent lower on Friday, erasing most of the gains from the previous session, as tech investor SoftBank Group tumbled more than 12 per cent after a report of a delay in OpenAI’s initial public offering. The Nikkei fell 4.15…
Read MoreThailand central bank chief says no need to raise rates now
Inflation should stay within the target range of 1% to 3% this year and next year Published Fri, Jun 26, 2026 · 03:53 PM [BANGKOK] Thailand’s central bank chief said on Friday (Jun 26) it will not raise interest rates if it is not necessary to do so. There is no need to raise rates…
Read MoreJets super fan who attempted 100K field goal returning to MetLife with World Cup tickets
Ashley Castanio-Gervasi got a real kick out of this. The Long Beach girls head soccer coach, who made international headlines at Christmas over her on-and-off-and-on-again attempt at a $100K field goal at a Jets game, is returning to MetLife Stadium — this time for all the right reasons. The former Stony Brook goalkeeper received the…
Read MoreMorgan Stanley sees US$5.5 trillion Asia energy investment boom driven by AI, energy security
Projected opportunities could include power generation and fuel refining; coal and natural gas could make a comeback [SINGAPORE] Asia is on the cusp of a US$5.5 trillion energy investment supercycle over the next five years, as companies and governments ramp up spending to bolster energy security and meet artificial intelligence-driven energy needs, according to Morgan…
Read MoreGCash owner seeks up to 92.3 billion pesos in record Philippine IPO
Published Fri, Jun 26, 2026 · 01:20 PM [MANILA] The company behind the Philippines’ biggest mobile wallet GCash is preparing what may become the country’s biggest initial public offering ever, seeking to raise as much as 92.3 billion pesos (S$2 billion). Mynt expects to sell up to 9.23 billion shares, including through an over-allotment option,…
Read More