Posts by Liam Redmond
United Hampshire US Reit acquires Wallingford Fair Shopping Center for US$21.4 million
The price of the freehold property is 8.2% lower than an independent valuation of US$23.3 million [SINGAPORE] The manager of United Hampshire US Real Estate Investment Trust (Reit) has acquired Wallingford Fair Shopping Center in the US for US$21.4 million, it said on Thursday (Jan 15). The price of the freehold retail property is 8.2…
Read MoreMike Brown calls out Karl-Anthony Towns for a lazy play in Knicks’ loss
SACRAMENTO — Mike Brown called out Karl-Anthony Towns for a lazy play. With less than two minutes remaining in the second quarter of the Knicks’ 112-101 loss to the Kings on Wednesday night, Towns drove and fell after he was stripped in the paint by Precious Achiuwa. The Knicks center stayed on the ground instead…
Read MoreChina’s central bank cuts structural interest rates to boost targeted lending
The moves signal targeted adjustments to bolster an economy hit by weak demand and imbalances [BEIJING] China’s central bank signalled it has room to further reduce interest rates and bank reserve requirements, while stepping up targeted support for the economy with a cut to the cost of its structural lending tools. Deputy governor Zou Lan…
Read MoreDear Abby: My brother-in-law is dating my husband’s former fling and it’s giving me agita
DEAR ABBY: Please help me move forward. My brother-in-law is dating a woman my husband was intimate with once before we were married. It makes family functions very awkward for me, but most of the family sees it as the past. It was the past, but it is now in our faces. My husband feels…
Read MoreMicrosoft in record deal for soil carbon credits as data centres surge
It will buy a record 2.85 million soil carbon credits linked to regenerative agriculture [LONDON] Microsoft has agreed with Indigo Carbon to buy a record 2.85 million soil carbon credits linked to regenerative agriculture in the United States, as the tech giant aims to become “carbon negative” by 2030 despite surging emissions linked to AI.…
Read MoreRiley Gaines reveals she wraps her 3-month-old daughter in bulletproof blanket due to threats
Women’s rights defender Riley Gaines said death threats against her have become so severe that she has been wrapping her newborn daughter in a bulletproof blanket. The 25-year-old former collegiate swimmer — who welcomed her first child, Margot, in September — attended Tuesday’s Supreme Court arguments in a case that could bar transgender women from…
Read MoreKnicks crushed by lowly Kings as Jalen Brunson exits with ankle injury in brutal night
SACRAMENTO — Jalen Brunson’s Achilles’ heel is his right ankle. The Knicks point guard came up limp with 7:45 left in the first quarter of Wednesday’s 112-101 defeat to the Kings when he twisted his right ankle while dribbling near the 3-point line. There was no contact on the play — Brunson just tried to…
Read MoreOil tanker rates spike as US push into Venezuela redraws flows
The global oil industry is working through the consequences of Washington’s move earlier this month [HONG KONG] The shipping market is being shaken up by Washington’s intervention in Venezuela, as the prospect of more oil being exported to the US boosts regional tanker rates to their highest level in almost two years. After US forces…
Read MoreNationwide Verizon outage finally resolved after over 12 hours
A nationwide Verizon Wireless outage was finally resolved on Wednesday night after tens of thousands of phones were knocked into SOS mode and fuming customers were stuck without service for over 12 hours. “The outage has been resolved. If customers are still having an issue, we encourage them to restart their devices to reconnect to…
Read MoreJapan’s Nikkei falls back from record as yen rallies, tech shares retreat
[TOKYO] Japan’s Nikkei share average fell back from a record high on Thursday, as the yen’s rebound weighed on exporters and a red-hot rally in technology shares lost steam. The benchmark Nikkei 225 Index slid 1 per cent to 53,820.46 by the midday break, snapping a three-day surge that took the gauge to an all-time…
Read MoreJPMorgan, Brookfield see deals revival for clean energy assets
The IEA forecasts renewable energy, particularly solar, to grow faster than any other major source of electricity generation to 2035 [SINGAPORE] Clean energy projects are poised for a revival in mergers and acquisitions (M&A) activity on the strengthening outlook for electricity demand and as expectations on asset valuations converge, according to some of the sector’s…
Read MoreRHB initiates “buy” on Coliwoo amid rising expat, foreign student demand
The bank assigns it a target price of S$0.82, a 41% upside from its latest closing price of S$0.58 on Wednesday [SINGAPORE] RHB has initiated coverage on co-living operator Coliwoo with a “buy” call, citing demand tailwinds for mainboard-listed company and profit growth forecasts. On Thursday (Jan 15), the bank assigned Coliwoo a target price…
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