Posts by Liam Redmond
Costco’s surprise Nike collaboration sends sneaker resale market into complete frenzy
Costco quietly dropped a new, exclusive Nike collaboration sneaker on Friday in a surprising move that sent both customers and the resale market into a frenzy. The Nike SB Dunk Low x Kirkland Signature Exclusive was released in select locations, Nike told FOX Business on Sunday. According to Women’s Wear Daily, the item was dropped in…
Read MoreSGX-listed gold-linked counters fall on precious metal’s decade-worst plunge
Market watchers expect volatility in the yellow metal to continue in the near term [SINGAPORE] After a sharp correction that saw gold shed as much as 10 per cent on Monday (Feb 2), shares of pawnbrokers and other gold players on the Singapore Exchange (SGX) mostly finished lower. The retreat follows a volatile weekend where…
Read MoreFormer UK minister Mandelson quits Labour after new Epstein revelations: report
Former British government minister Peter Mandelson has resigned as a member of Prime Minister Keir Starmer’s Labour Party after new reports of his ties with disgraced US financier Jeffrey Epstein, media reported on Sunday. Mandelson, who was fired by Starmer as Britain’s ambassador to the United States last year after previous revelations about his connections…
Read MoreAlibaba to spend three billion yuan for Chinese New Year AI push as chatbot war heats up
The public holiday period this year begins on Feb 15 and is nine days long, longer than in most previous years Published Mon, Feb 2, 2026 · 02:09 PM [BEIJING] Alibaba said on Monday (Feb 2) that it will spend three billion yuan (S$549 million) to attract users to its Qwen artificial intelligence (AI) app…
Read MoreLuka Doncic flips off ex-teammate Jalen Brunson in funny exchange after Knicks-Lakers
Luka Dončić had a parting gift for Jalen Brunson before the pair of former Mavericks teammates walked off the Garden court Sunday night. As Knicks and Lakers players embraced following the Knicks’ 112-100 victory, Dončić flashed his middle finger after the star point guard finished another postgame exchange and walked over. Dončić appeared to be…
Read MoreHyundai Motor did not exercise option to buy back Russian auto factory
Published Mon, Feb 2, 2026 · 01:15 PM [SEOUL] South Korean automaker Hyundai Motor did not exercise a buyback option for its former manufacturing plant in Russia, the company said on Monday (Feb 2), amid the continuing war in Ukraine. Along with its affiliate Kia, Hyundai was once the biggest foreign carmaker in Russia. However,…
Read MoreRangers’ slipping fundamentals only adding to woeful losing ways as changes loom
The Rangers were struggling to keep their heads above water long before Artemi Panarin was sent home to sift through his trade options. Three consecutive losses later and the 2025-26 season has fallen far out of reach. Sitting 17 points out of the second wild-card spot in the Eastern Conference, as well as eight points…
Read MoreIndia to spend 100 billion rupees to make biopharma production hub
The funding will be directed towards the research and production of biologics and biosimilar medicines Published Mon, Feb 2, 2026 · 12:17 PM [MUMBAI] India will invest 100 billion rupees (S$1.4 billion) in biopharmaceutical research over the next five years as part of a broader push to scale up domestic manufacturing, signalling a renewed focus…
Read MoreDemocrats back ‘mileage tax’ study, rather than cutting spending
California Democrats are looking at taxing drivers per mile driven, regardless of whether they drive a gas-powered car or an electric vehicle (EV). Last week, the State Assembly voted to pass AB 1421, with over 40 Democrats backing a commission to study the “mileage tax.” The bill now goes to the Senate, where it is…
Read MoreKKR, Singtel & GIC bid for Temasek-backed STT GDC
Should it go through, the deal would be one of Asia’s largest data-centre transactions [SINGAPORE] Temasek-backed data-centre operator ST Telemedia Global Data Centres (STT GDC) is reportedly close to being bought by a consortium led by private equity firm KKR and local telco Singtel . The deal has also attracted the interest of parties such…
Read MoreWhy KKR, Singtel and GIC want Temasek-backed STT GDC
Should the deal go through, it would be one of Asia’s largest data centre transactions [SINGAPORE] Temasek-backed data centre operator ST Telemedia Global Data Centres (STT GDC) is reportedly close to being bought by a consortium led by private equity firm KKR and local telco Singtel . The deal has also attracted the interest of…
Read More‘Beat estimates’: RHB upgrades CDL Hospitality Trusts to ‘buy’ on improved earnings, bright sector outlook
The bank’s research team is lifting its target price for the trust to S$1.00, up 13.6% from S$0.88 [SINGAPORE] RHB has upgraded its call on CDL Hospitality Trusts (CDLHT) to “buy” from “neutral”, following improved Q4 earnings and a positive sector outlook. The bank also lifted its target price for CDLHT by 13.6 per cent…
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