Posts by Liam Redmond
Powell defends independence of Federal Reserve
It will maintain trust in central banks that monetary policy will not be abused for short-term gains that might win elections US Federal Reserve chairman Jerome Powell made a strident case for central bank independence on Wednesday (Jan 29), underscoring his point by indicating that interest rates will likely remain on hold until his term…
Read MorePSA, Japan’s Mitsui OSK to set up roll-on, roll-off terminal in Singapore
Move is part of the Japanese shipping firm’s regional strategy to expand its automotive business [SINGAPORE] Japanese shipping firm Mitsui OSK Lines (MOL) has formed a joint venture with port operator PSA Singapore to establish a roll-on roll-off (RoRo) terminal in Singapore. “(The) strategic partnership will enhance terminal reliability and operational efficiency for MOL’s RoRo…
Read MoreSTI rises 0.4% after Fed pause
Across the broader market, gainers edge out decliners 289 to 288 after 1.6 billion securities worth S$2 billion change hands [SINGAPORE] The Straits Times Index (STI) closed higher on Thursday (Jan 29) after the US Federal Reserve overnight held interest rates unchanged during its first policy gathering of 2026. The blue-chip barometer closed 0.4 per…
Read MoreCGSI raises target price on OUE Reit to S$0.41 on better-than-expected 2025 earnings, positive outlook
Analysts keep ‘add’ call management’s positive view on rental revisions for commercial assets [SINGAPORE] CGS international raised its target price for OUE Real Estate Investment Trust (Reit) to S$0.41 from S$0.38 on the back of better-than-expected 2025 earnings and positive outlook for 2026. Analysts Lock Mun Yee and Li Jialin kept their “add” call on…
Read More‘Vanderpump Rules’ star Angelica Jensen unpacks show drama with ‘VRT’
‘Vanderpump Rules’ star Angelica Jensen unpacks show drama with ‘VRT’ Next Previous Source link
Read MoreNvidia’s CEO says China is still finalising licence for H200 chip
Huang says Nvidia needed to compete quite vigorously as China has many strong chip companies Published Thu, Jan 29, 2026 · 05:58 PM [TAIPEI] Nvidia CEO Jensen Huang said on Thursday (Jan 29) he hopes China will allow the US technology giant to sell its powerful H200 artificial intelligence chip in the country and that…
Read MoreJardine C&C group MD Benjamin Birks to step down in April
Successor has not yet been named, but will be announced in due course. [SINGAPORE] Mainboard-listed Jardine Cycle & Carriage (Jardine C&C) group managing director Benjamin Birks will step down from his role on Apr 30 to pursue new opportunities. Birks, who also serves as the executive director of the company, will officially vacate his position…
Read MoreBritain’s Lloyds’ annual profit rises 12%, upgrades guidance
Its profit before tax for 2025: £6.7 billion, up from £5.97 billion the year before and better than the £6.4 billion average of analysts’ forecasts Published Thu, Jan 29, 2026 · 05:04 PM [LONDON] Lloyds Banking Group said on Thursday (Jan 29) that its annual profit rose by 12 per cent, beating expectations. It also…
Read MoreGold demand in Singapore jumps 48% to a record 9.6 tonnes in 2025
Appetite for the metal grew the fastest in the city-state among South-east Asia countries [SINGAPORE] Investors in Singapore seeking safe haven assets and portfolio diversification piled into gold in 2025, with demand rising 48 per cent year on year to 9.6 tonnes – the highest level on record. This comes as global investment demand climbed…
Read MoreKnicks’ Karl-Anthony Towns shrugs off trade talk swirling around him
TORONTO — Karl-Anthony Towns, the subject of persistent trade rumors ahead of next week’s deadline, said he’s unconcerned with the chatter. “I feel like I’ve been in trade rumors a lot for a lot of times, for a year damn near. That don’t matter to me,” said Towns, who was traded from the Timberwolves to…
Read More‘Bridgerton’ Season 4 Part 1 Review: Luke Thompson and Yerin Ha dazzle in this sweet romance that will warm your heart (if not your loins)
In the two long years since Bridgerton last swept audiences away to the Ton, The Gilded Age has taken Downton Abbey‘s place as America’s favorite sudsy period drama, Heated Rivalry has rewritten the rules of how horny sex scenes in mainstream romance TV can be, and The Summer I Turned Pretty had the world rapt,…
Read MoreForced TikTok US sale may turbocharge ByteDance’s Asia expansion, with S-E Asia to gain: say analysts
Other emerging markets have also been identified as potential beneficiaries of the divestment [SINGAPORE] The forced sale of ByteDance’s TikTok in the United States was intended to curb the Chinese tech giant’s influence and standing in the global tech scene. Yet, analysts who spoke to The Business Times believe that the reported US$14 billion deal…
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