Posts by Liam Redmond
Asian markets rise as US inflation eases, Micron soothes tech fears
ASIAN markets rose on Friday as a below-forecast read on US inflation boosted hopes for another interest rate cut next month, while blockbuster earnings from chip firm Micron helped soothe nerves over a tech bubble. Investors were also keeping tabs on the Bank of Japan as it concludes a policy meeting amid expectations it will…
Read MoreJalen Brunson, OG Anunoby save Knicks from NBA Cup hangover with late heroics in win over Pacers
INDIANAPOLIS — It took a while, but the Knicks recovered from their NBA Cup hangover. The cure was — who else? — Captain Clutch. After struggling for much of the fourth quarter with his shots falling short, Brunson hit the biggest one of Thursday’s 114-113 victory over Pacers, when he nailed a trey over Andrew…
Read MoreTrump praises Fed Governor Waller as ‘great’ after interview for Fed Chair
[WASHINGTON] US President Donald Trump said on Thursday he interviewed Federal Reserve Governor Christopher Waller a day earlier as a candidate to succeed Jerome Powell as Fed chair, praising him as “great.” Trump said three or four finalists remain in contention for the post. Trump was also asked for his thoughts on Federal Reserve Governor Michelle Bowman,…
Read MoreDFI Retail’s Mannings – known as Guardian in Singapore – pulls out of mainland China
[SINGAPORE] DFI Retail Group’s beauty and health brand Mannings on Wednesday (Dec 17) announced the closure of all its stores across mainland China, citing “consumer behaviour” changes. The chain, which opened its first store in the mainland in 2004, is a household brand in Hong Kong and Macau, where it has operated for over half…
Read MoreDisgraced South Carolina pastor, John-Paul Miller, stalked and posted a naked photo of his estranged wife before her suicide: feds
The disgraced South Carolina pastor, whose wife fatally shot herself after slapping him with divorce papers, has been accused of posting her nude photo online and stalking her for two years before her death. John-Paul Miller, 46, was indicted Thursday for cyberstalking and making false statements after tormenting his estranged spouse, Mica Miller, from November…
Read MoreColiwoo disposes Pasir Panjang co-living space in S$43.9 million sale-and-leaseback deal
It will sell its 80% stake in Coliwoo PP, which owns and manages Coliwoo Hotel Pasir Panjang [SINGAPORE] Co-living operator Coliwoo has entered into a sale-and-leaseback agreement to dispose of a co-living hotel property in Pasir Panjang owned and managed by its subsidiary Coliwoo PP. It will sell its entire 80 per cent stake in…
Read MoreBrown shooter manhunt zeroes in on NH town where suspicious vehicle found — as cops probe possible tie to MIT nuclear prof’s murder
The frantic search for the suspect in Saturday’s shooting at Brown University is now centered on Salem, New Hampshire — where a suspicious vehicle was found, according to reports and sources. Law enforcement officers swarmed a parked car in Salem late Thursday that appeared to be a similar make and model to a vehicle allegedly…
Read MoreStocks to watch: Stoneweg Europe Stapled Trust, Coliwoo
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Dec 19): Stoneweg Europe Stapled Trust (Sert) : The managers of Sert on Friday said that it has entered into an agreement to divest a non-core office property in Italy – Via Amba Aradam Rome – for a consideration…
Read MoreJPMorgan bullish on Singapore stocks amid expected Asean rebound, names 7 top picks
The city-state’s rally has a ‘long way to go’, says the bank, which is also ‘overweight’ on Vietnamese equities [SINGAPORE] Asean equities will be at an inflexion point in 2026, with a recovery in earnings and valuations expected after years of underperformance, analysts at JPMorgan said. The bank’s 2026 regional outlook report advised investors to…
Read MoreBNY deepens AI, digital asset embrace as it enters next phase: CEO Robin Vince tells BT
The New York-based bank has invested heavily in AI and culture transformation and is ready for its next phase of change, says Vince in an exclusive interview [SINGAPORE] Three years into its 10-year transformation plan, BNY is entering its next phase of change. It will deepen artificial intelligence (AI) integration into operations and a pick-up…
Read MoreTikTok signs agreement for new joint venture keeping it online in the U.S.
TikTok has finalized a deal with Oracle and two other investors that will allow the popular social video platform to continue its business in the U.S. The deal, expected to close on Jan. 22, will be 50% held by a new investor consortium that includes tech giant Oracle, Silver Lake and MGX, a technology fund…
Read MoreJoe Buck set to call Mets-Dodgers game on ESPN in 2026
Joe Buck will be back in the baseball broadcast booth this season for ESPN, at least for one game. The venerable sports broadcaster, and the voice of the World Series on Fox from 1996-2021, will be behind the mic when the Worldwide Leader kicks off its revamped MLB broadcast package with a Mets-Dodgers game on…
Read More