Posts by Liam Redmond
Immanuel Quickley hits buzzer-beating 3-pointer to propel Raptors to win
Immanuel Quickley often had the ability to hit the big shot during his four seasons with the Knicks. He added another one on Wednesday night in Charlotte, N.C. The 26-year-old Toronto guard hit a 3-pointer from the top of the key at the buzzer and the Raptors rallied from a 10-point deficit in the fourth…
Read MoreSumitomo’s energy arm may set up LNG trading desk in Singapore
[TOKYO] The energy trading arm of Sumitomo Corp is considering setting up an LNG desk in Singapore, the latest move by the Japanese company to strengthen its foothold in the seaborne market for the fuel. Pacific Summit Energy is exploring a liquefied natural gas desk in the city-state as part of a wider strategy to…
Read MoreTo be a wealth hub, Singapore must accept risk of rogue actors: Chee Hong Tat
MAS deputy chairman wants the Republic to be a place where entrepreneurs would bring their capital and talent [SINGAPORE] To achieve the goal of becoming a wealth management hub, Singapore must accept that there will be rogue actors from time to time, said Chee Hong Tat, deputy chairman of the Monetary of Singapore. It is…
Read MoreSwiss nightclub owner allegedly fled with cash, destroyed evidence as 40 died in New Year’s Eve inferno
The manager of the Swiss resort bar where 40 people died in a New Year’s Eve fire allegedly fled with the night’s cash as patrons desperately tried to escape — with both owners now accused of destroying evidence in the aftermath. Jessica Moretti, 40, is accused of abandoning terrified partygoers as flames engulfed Le Constellation…
Read MoreThe world’s copper squeeze is set to intensify on AI and defence spending: S&P
[NEW YORK] The race for artificial intelligence (AI) and surging defence spending are set to intensify a projected shortage of copper as producers struggle to expand, according to a new study by S&P Global. Demand growth is accelerating just as mine supply faces structural limits, raising the risk that copper becomes a bottleneck for economic…
Read More‘No further action’ by CPIB against Nam Lee MD over whistle-blower report
This comes ahead of extraordinary general meeting called to oust company executive director and chairman [SINGAPORE] The Corrupt Practices Investigation Bureau (CPIB) will take “no further action” against the managing director of Nam Lee Pressed Metal Industries over a whistle-blower report filed against him, said the mainboard-listed company on Thursday (Jan 8). The CPIB interviewed…
Read MorePassengers left stranded for hours after plane’s tires blow out upon landing at Atlanta airport
Dozens of passengers were left scared and stranded after the tires of a LATAM Airlines flight blew out upon landing at a Georgia airport, according to authorities and reports. The Boeing 767 had just arrived at Hartsfield-Jackson Atlanta International Airport from Lima, Peru, on Tuesday night when all of its rear landing tires suddenly blew…
Read MoreYoung Singaporeans still prefer human advisers over digital tools for insurance products: survey
[SINGAPORE] Young adults in Singapore continue to favour human advisers over digital tools when it comes to insurance decisions, even as the city-state remains one of Asia’s most digitally mature markets, a new regional study by insurer Prudential has found. The findings showed that nearly seven in 10 respondents in Singapore, or 69 per cent,…
Read MoreJD.com weighs raising 10 billion yuan in debut dim sum bond sale
Dim sum bonds are attractive to some Chinese tech firms because of their lower financing costs JD.COM is considering its first dim sum bond sale, with a potential offering that could raise about 10 billion yuan (S$1.8 billion), according to sources familiar with the matter, joining a slew of Chinese e-commerce companies looking to lock…
Read More‘Steepest discount’: Analysts bullish on office picks after S-Reits’ best run since 2019
Office S-Reits are undervalued, trading at the steepest discount to book value among this asset class [SINGAPORE] Rate cuts and solid property fundamentals propelled Singapore real estate investment trusts (S-Reits) to a 22.9 per cent gain in 2025, marking their strongest performance since 2019, said Morningstar on Thursday (Jan 8). While the return on the…
Read MoreS-Reits post strongest returns since 2019 with 22.9% gain: Morningstar
[SINGAPORE] Rate cuts and solid property fundamentals propelled Singapore real estate investment trusts (Reits) to their best showing since 2019, said Morningstar on Thursday (Dec 8). While the 22.9 per cent return in 2025 on the Morningstar Singapore Reit Index trailed the broader Morningstar Asia Index, which returned 26.1 per cent, it was still the…
Read MoreChinese teahouse chain Chagee is said to explore Hong Kong listing
[HONG KONG] Chinese tea chain Chagee Holdings is considering a listing in Hong Kong, according to sources familiar with the matter, joining a rush of firms being drawn to sell shares in the Asian financial hub. Chagee is in initial talks with banks about a share sale that may raise several hundred million US dollars,…
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