Posts by Liam Redmond
Private equity owners tap a hot loan market to pay themselves
Dividend recapitalisations are gaining traction as investors seek any kind of debt offering a floating rate Published Sun, Jun 21, 2026 · 04:53 PM BLACKSTONE and Warburg Pincus just piled more debt onto their portfolio company IntraFi to fund a payout to themselves – for the seventh time in three years. A financing like this,…
Read MoreCarrie Underwood shares patriotic video of American flag display near her Tennessee property
Carrie Underwood is proud to be an American. The 43-year-old country singer recently took to Instagram to share a video of her driving past a large fence adorned with American flags throughout the length of the property. “I can’t believe I get to live here. Thank you, Lord. #GodBlessAmerica #Grateful #TN,” she captioned the post. Fans…
Read MoreAfter the fracture: How Britain’s financial industry recovered from Brexit
[LONDON] In the build-up to 2016’s Brexit referendum, JPMorgan Chase CEO Jamie Dimon said that the US bank could shift 4,000 jobs from Britain, joining a chorus of executives who warned a vote to leave the EU would ravage the country’s finance industry. A decade later, the Wall Street giant plans to build a tower…
Read MoreYen teeters on cusp of 40-year low; pound firms
Published Sun, Jun 21, 2026 · 04:25 PM [LONDON/SINGAPORE] The greenback held firm against most peers on Friday (Jun 19) as a peace deal between the US and Iran hung in the balance, pinning the yen around a two-year low, a break beyond which would take the Japanese currency to its weakest in 40 years.…
Read MoreFBI captures $1.2B Medicare fraud fugitive in Philippines, second arrest from Most Wanted Fraudsters list
A fugitive accused of running a $1.2 billion Medicare fraud conspiracy has been captured overseas and returned to the United States, becoming the second suspect taken into custody from the FBI’s new “Most Wanted Fraudsters” list. Federal officials said Herbert Leon Kimble, 60, was arrested in the Philippines after allegedly evading authorities for nearly two years. Prosecutors…
Read MoreChristian Scott takes positive step toward looming Mets return
PHILADELPHIA — Christian Scott took a positive step Saturday toward potentially returning to the Mets as soon as his required 15 days on the injured list pass. The right-hander threw a bullpen session before the Mets’ 15-3 loss to the Phillies and reported feeling “good.” Scott was placed on the IL on Monday (retroactive to…
Read MoreRory McIlroy falls out of US Open contention after back nine implosion
Rory McIlroy’s up-and-down weekend at the U.S. Open took another roller coaster of a turn Saturday, as the world No. 2 imploded on the back nine with five bogeys to finish at 3 over and fall out of contention. McIlroy, whose only win in the tournament occurred in 2011 at Congressional Country Club, sank a…
Read MoreIndonesia’s MSCI moment of truth looms over global index standing
The decision will determine whether it remains an emerging market or gets downgraded to a frontier market [JAKARTA] It is crunch time for Indonesia’s stock market. Global benchmark provider MSCI is set to publish its annual market classification review early on Wednesday (Jun 24). The closely watched decision will determine whether South-east Asia’s largest economy…
Read MoreSingapore investors see SpaceX investment as long-term bet on the future of the space economy
The Republic’s push into space as a promising economic arena also gives local dimension to the investment theme [SINGAPORE] Everyone is eager to climb onto the SpaceX bandwagon now, but Singapore-based technology entrepreneur and investor Lim Qing Ru had her eye on it as a promising investment back in 2021. The founding partner of venture…
Read MoreUSGA impressing with playable Shinnecock US Open course
The memo appeared on the players’ phones sometime after the end of U.S. Open second-round play Friday at Shinnecock Hills. The warning, from the desk of the USGA, read: “For Saturday & Sunday, the golf course will be prepared to play progressively firmer and the target green speed will be 11.0 on the USGA Stimpmeter.’’…
Read MoreSingapore cements position as Asia-Pacific wealth hub as region’s AUM set to hit US$34.5 trillion by 2030: PwC
The city-state aims to capture opportunities in cross-border wealth, tokenisation and sovereign capital [SINGAPORE] The Republic is strengthening its place as Asia-Pacific’s leading wealth hub as assets under management (AUM) in the region are set to reach US$34.5 trillion by 2030. In its Asset and Wealth Management Revolution: Asia Pacific 2026 report, PwC said the…
Read MoreRod Stewart stops Utah concert to use oxygen tank onstage after nearly fainting
Rod Stewart was forced to use an oxygen tank onstage when he nearly fainted during his Utah concert on Friday night — weeks after cancelling a series of gigs over health issues. The 81-year-old rock legend was performing at the Utah First Credit Union Amphitheatre in West Valley City when fans noticed he wasn’t moving…
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