Posts by Liam Redmond
Amazon bungles Wednesday layoff plan with misfired internal email
Published Wed, Jan 28, 2026 · 10:15 AM [SAN FRANCISCO] Amazon on Tuesday appeared to have prematurely alerted Amazon Web Services cloud-computing employees to layoffs planned for Wednesday morning by sending a commiseration email and team-wide meeting invitation hours early. Reuters reported on Friday that Amazon intended to lay off thousands of corporate employees starting…
Read MoreGold climbs to record high above US$5,300 as US dollar slips
Interest-free gold thrives in low-rate climates as the Fed likely holds rates steady this January Published Wed, Jan 28, 2026 · 09:50 AM — Updated Wed, Jan 28, 2026 · 08:26 PM [BENGALURU] Gold prices rose above US$5,300 per ounce for the first time on Wednesday (Jan 28) as weakening confidence in the US dollar…
Read MoreGold’s blistering rally continues past US$5,200 as dollar plunges to four-year low
The Fed is expected to hold rates steady at its January monetary policy meeting, currently underway Published Wed, Jan 28, 2026 · 09:50 AM — Updated Wed, Jan 28, 2026 · 12:34 PM [BENGALURU] Gold broke through US$5,200 for the first time on Wednesday (Jan 28), after rising more than 3 per cent on Tuesday,…
Read MoreAfter two divorces, do Cavs fans want to tie the knot with James one more time?
A homegrown megastar who’s considered one of two greatest players of all-time, it’s obvious how much LeBron James’ his roots still mean to him. He references being “just a kid from Akron” whenever he accomplishes his biggest milestones, including winning his fourth championship with the Lakers and becoming the league’s all-time leading scorer in 2023. …
Read MoreSoftBank in talks to invest up to US$30 billion more in OpenAI, source says
Published Wed, Jan 28, 2026 · 09:24 AM SOFTBANK is in discussions to invest up to an additional US$30 billion in OpenAI, a person familiar with the matter told Reuters on Tuesday. The investment would form part of a funding round that could raise up to US$100 billion for OpenAI, valuing the ChatGPT maker at…
Read MoreANZ to combine staff in single location in Singapore office move
The firm joins other banks in the city-state grappling with conflicting goals of trying to reduce office costs Published Wed, Jan 28, 2026 · 09:22 AM [SINGAPORE] ANZ Group Holdings plans to bring its Singapore staff together under one roof in the second half of the year, combining employees from two offices in a new…
Read MoreHidden risks build at Vietnam banks on mounting debt guarantees
In China, regulators have in recent years told some lenders to limit their use of such arrangements Published Wed, Jan 28, 2026 · 09:07 AM [SINGAPORE] Vietnamese lenders are providing more pledges to cover borrowers if they fall short paying back debt, prompting some rating firms to warn of hidden risks in one of the…
Read MoreIsaiah George’s AHL demotion could be positive Ryan Pulock sign
Isaiah George was sent back down to AHL Bridgeport on Tuesday to make room for newly acquired defenseman Carson Soucy on the Islanders roster, per the NHL’s media site. George played just two games with the Islanders during his stint, notching an assist Monday night when his shot was tipped in by Mathew Barzal as…
Read MoreBlackRock cuts private credit executives hired pre-HPS deal
Published Wed, Jan 28, 2026 · 08:44 AM [NEW YORK] BlackRock is cutting about 10 people from its private financing solutions group as it continues to integrate its US$12 billion acquisition of HPS Investment Partners. At least three people who were on the firm’s private credit team prior to the purchase are among those affected,…
Read MoreStocks to watch: ST Engineering, Keppel, Hong Leong Asia, Sasseur Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Jan 28): Singapore Technologies Engineering (ST Engineering):The group’s total contract awards for 2025 reached a record S$18.7 billion, exceeding the S$12.6 billion total in 2024 by 49 per cent, it announced on Wednesday. The full-year tally was lifted by…
Read MoreShein could face EU investigation but no interim measure, commission official says
Published Wed, Jan 28, 2026 · 08:24 AM [BRUSSELS] Chinese fast-fashion online retailer Shein could face an EU investigation on the sale of illegal products on its platform, but is unlikely to be hit with an order to suspend its website, a senior European Commission official said on Tuesday (Jan 27). Shein found itself in…
Read MoreS-Reits set for first DPU recovery in four years: Julius Baer
Singapore’s retail and office sectors are well placed to benefit this year, the analyst says [SINGAPORE] For the first time in four years, Singapore real estate investment trusts (S-Reits) should see distributions per unit (DPU) grow in 2026, said Julius Baer on Tuesday (Jan 27). Analyst Jen-Ai Chua predicted: “Expectations of low interest rates, coupled…
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