Posts by Liam Redmond
What is behind the rising volume of Russian oil arriving in Singapore?
[SINGAPORE] The volume of Russian fuel oil in Singapore waters has risen to the highest level in a year, as a war constricts supplies from the Middle East, ship-tracking data shows. Around 1.26 million tonnes of the oil arrived in the Republic in April, cargo-tracking and energy market intelligence firm Vortexa told The Straits Times. This…
Read MoreDBS CEO Tan Su Shan ranks sixth globally on Fortune’s most powerful women list in 2026
Png Chin Yee, Temasek International’s CFO, is the only other Singapore-based executive on the global list, at 77th [SINGAPORE] DBS group chief executive officer Tan Su Shan came in sixth globally and first in Asia on Fortune’s 2026 “Most Powerful Women in Business” list, which recognises female leaders commanding boardrooms, markets and industries globally. The…
Read MoreJamie Kennedy blasts Mark Hamill’s dead Trump post as ‘evil’ after assassination attempt
Jamie Kennedy is calling out Mark Hamill’s “crazy” rhetoric against President Donald Trump. During an episode of his podcast, “Hate To Break It To Ya,” the comedian addressed the “Star Wars” actor’s recent social media blunder in which he posted a photo depicting Trump as deceased with a caption that read “If Only,” just days after…
Read MoreBank of Japan’s rate hike timing secondary to economy’s readiness: ex-BOJ Deputy Governor Wakatabe
Published Thu, May 28, 2026 · 04:39 PM [TOKYO] Former Bank of Japan Deputy Governor Masazumi Wakatabe said on Thursday that the timing of a potential interest rate hike is less important than whether the economy can withstand tighter monetary policy. “Whether the Bank of Japan raises rates in June is not the essential issue.…
Read MoreValuetronics H2 earnings fall 69.8% as consumer electronics sales falter
[SINGAPORE] Electronics manufacturing services provider Valuetronics ’ net profit fell 69.8 per cent to HK$24.1 million (S$3.9 million) for its second half ended Mar 31, from HK$79.9 million in the year-ago period. This translated to an earnings per share (EPS) of HK$0.059, a 69.7 per cent decline from HK$0.195. Revenue stood at HK$823.7 million, down…
Read MoreValuetronics posts 69.8% fall in H2 earnings as consumer electronics sales falter; revises dividend policy
[SINGAPORE] Valuetronics’ net profit fell 69.8 per cent to HK$24.1 million (S$3.9 million) for its second half ended Mar 31, from HK$79.9 million for the year-ago period. This translated to earnings per share (EPS) of HK$0.059, a 69.7 per cent year-on-year decline from HK$0.195, said the electronics manufacturing services provider on Thursday (May 28). Revenue…
Read MoreDoctors push new blood tests for colon cancer as cases surge in younger adults
The American Cancer Society (ACS) has updated its guidelines for colorectal cancer screening. The organization released the update in its flagship journal on Wednesday, noting that the new recommendations “re-affirm” that adults at average risk should be screened for colorectal cancer at age 45 and continue through 75, for those with a life expectancy greater than 10…
Read MorePBOC tells Chinese banks to boost May lending as credit weakness persists
Published Thu, May 28, 2026 · 04:08 PM [BEIJING] China’s central bank has instructed banks to boost lending this month, people with knowledge of the matter said, underscoring Beijing’s continued efforts to support an economy squeezed by higher energy costs and stubbornly weak domestic demand. The People’s Bank of China issued the informal guidance to…
Read MoreNomura raises annual profit target 50% after record year
It seeks to post at least 750 billion yen (S$6.01 billion) in annual pretax income by the year ending March 2031 Published Thu, May 28, 2026 · 03:51 PM [TOKYO] Nomura Holdings raised its profit targets following a year of record earnings, as chief executive officer Kentaro Okuda pushes for stable growth. Japan’s biggest brokerage…
Read MoreEuropean shares drop as escalating US-Iran tensions weigh on sentiment
Published Thu, May 28, 2026 · 03:48 PM EUROPEAN shares slipped on Thursday as escalating tensions in the Middle East clouded the outlook for an imminent deal to open the Strait of Hormuz and added to concerns about the health of the global economy. The pan-European Stoxx 600 dropped 0.4 per cent to 625.83, as of 0806…
Read MoreFed up with screaming kids at dinner? More Americans support adults-only dining
More Americans are warming up to the idea of child-free dining experiences at restaurants — and parents may be leading the charge. A new survey of 1,000 US adults found that 75% of respondents said restaurants should offer some form of adults-only dining, whether through designated seating areas, late-night restrictions or romantic, child-free settings, according to Lightspeed…
Read MoreDBS upgrades Singtel to ‘buy’ as Bharti Airtel gets valuation boost with upcoming industry tailwind
[SINGAPORE] Singtel has been upgraded from “hold” to a “buy” rating by DBS Research, following a higher valuation of the group’s India-listed Bharti Airtel, in which Singtel holds a 27.5 per cent stake. In a report on Tuesday (May 26), DBS also raised its 12-month target price for the telco by about 1.9 per cent…
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