Posts by Liam Redmond
Dems’ idiotic rhetoric on courts reveals what they’re really after
The story plays out the same way virtually every time. Democrats, egged on by the increasingly powerful progressive base, push some obviously unconstitutional scheme that they contended is needed to preserve “democracy.” The courts inevitably knock down the ploy. Frustrated, Democrats ratchet up the anger, promising to “reform” the judiciary that stands in their way.…
Read MoreIkea franchiser slashes 850 jobs in cost-cutting drive as consumer spending falls
Published Mon, May 18, 2026 · 05:02 PM [LONDON] Inter Ikea, which franchises the Swedish budget home furniture brand in 63 countries, is laying off 850 workers in a cost-cutting drive as consumer demand falls and the blue big-box retailer works to become more efficient and bring down prices. The vast company manages the sourcing…
Read MoreGlobal energy shock tests Philippine lenders’ resilience
They are switching to a defensive stance as new central bank relief measures begin to bite [MANILA] After posting a strong start to 2026, the Philippines’ top lenders are bracing for a potential earnings hit as analysts warn that new energy crisis relief measures from the central bank could weigh on interest income. The scenario…
Read MoreHSBC to lend US$4 billion to help China clean tech scale globally
The bank will extend credit terms, streamline credit approvals and develop tailored solutions for eligible companies Published Mon, May 18, 2026 · 02:05 PM [LONDON] HSBC launched a dedicated US$4 billion credit facility on Monday (May 18) to support the global expansion of mainland Chinese companies involved in sustainable and transition technologies including clean power,…
Read MoreGoldman says central banks to step up gold-buying, aiding prices
The precious metal has struggled since the outbreak of the war in the Middle East Published Mon, May 18, 2026 · 01:05 PM [SINGAPORE] Central banks are expected to step up gold-buying, helping prices to recover by year-end, according to Goldman Sachs. Purchases are expected to pick up to average 60 tonnes a month over…
Read MoreUOBKH downgrades ComfortDelGro to ‘hold’ as Q1 earnings disappoint
[SINGAPORE] ComfortDelGro (CDG) has been downgraded to “hold” from “buy” by UOB Kay Hian, following a first-quarter financial performance that fell significantly short of market expectations. In a report on Thursday (May 14), the brokerage also slashed its target price for the land transport operator by 15 per cent to S$1.54, down from S$1.82 previously.…
Read MoreKeppel to let M1-Simba deal lapse; M1 to be restructured with focus on ‘rightsizing’
Group says the telco industry in Singapore is in need of consolidation and will benefit from it [SINGAPORE] Keppel said on Monday (May 18) that it will allow the sale and purchase agreement between M1 and Simba to lapse upon reaching the long-stop date on May 21. It will also embark on a plan to…
Read MoreIndonesia rupiah hits new record low; president downplays day-to-day impact of currency weakness
The central bank has also been intervening in the foreign exchange market to support the exchange rate Published Mon, May 18, 2026 · 12:26 PM [JAKARTA] The Indonesian rupiah slid to a fresh record low on Monday (May 18) as stocks slumped and global oil prices hit two-week highs, while the president said that the…
Read MoreJapan leads global bond markets lower as inflation fears rise
The nation’s 30-year rate has surged 20 basis points, the highest since the tenor’s debut in 1999 Published Mon, May 18, 2026 · 11:11 AM [TOKYO] Japan’s government bonds slumped, leading a global sell-off as rising oil fuelled inflation fears and pushed yields to levels unseen in decades. The nation’s 30-year rate surged 20 basis…
Read MoreE-commerce giant Shein buys apparel brand Everlane: reports
The brand, known for its minimalistic, “quiet luxury” style, is a favourite of celebrities Published Mon, May 18, 2026 · 10:24 AM CHINESE e-commerce giant Shein is acquiring US apparel retailer Everlane from majority owner L Catterton, according to media reports. The transaction values the San Francisco-based company at about US$100 million, a steep discount…
Read MoreChaos Isn’t A Threat—It’s Free Market Share
I’ve lived through war headlines, pandemics, platform shifts, and now the drumbeat of AI. Every time the world shakes, I see the same pattern. Panic takes out the unprepared. The rest of us have a choice: freeze or move. My view is simple: disruption is not the enemy—stagnation is. Marketing isn’t going away. Demand isn’t…
Read More5 ways to stay intellectually sharp after selling your business
You spend years operating at a high level. Constant decision-making, problem solving, pressure. Then one day, the deal closes. The wire hits. And suddenly, the intensity that shaped your days disappears. A lot of founders don’t expect what comes next. It is not just relief. It is a strange mental quiet. If you are not…
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