Posts by Liam Redmond
Trump orders blockade of sanctioned oil tankers leaving, entering Venezuela
[WASHINGTON] US President Donald Trump on Tuesday ordered a blockade of all sanctioned oil tankers entering and leaving Venezuela, a move set to sharply escalate tensions between Washington and Caracas. It is unclear how the Trump administration will impose the blockade against the sanctioned vessels, and whether he will turn to the Coast Guard to…
Read MoreIgor Shesterkin’s Rangers frustration boiled over into stick-smashing meltdown
MSG broadcast cameras caught Igor Shesterkin obliterating his stick on his way down the tunnel after the Rangers lost to the Ducks Monday night at Madison Square Garden. The highest-paid goalie in the NHL had just been hung out to dry by his teammates in the final seconds of a game that counted as the…
Read MoreStocks to watch: Keppel, Keppel DC Reit, CICT, SingLand, UOL, Jardine C&C, F&N, Suntec Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Dec 17): Keppel , Keppel DC Reit : Asset manager Keppel announced on Tuesday that its connectivity division has agreed to sell its stakes in two data centres for a total cash consideration of S$50.5 million to Keppel DC…
Read MoreSingapore inventor wins High Court suit against rivals who passed off similar doors as his design
The Malaysian company by Ng’s former employee Goh Song Guan, manufactures a similar slide-and-swing door known as “SD Door” [SINGAPORE] A Singapore inventor behind a space-saving door system widely used in HDB flats and local homes has succeeded in a High Court case, with business rivals found to have passed off similar doors as his…
Read MoreChina’s market revival hinges on gloomy economy turning corner
[BEIJING] China’s markets shed the “uninvestable” tag this year. To bury it for good, investors say an acceleration in the domestic economy is needed so the bullishness does not fizzle out. The country’s equities, currency and onshore fixed-income markets remain on course to hand investors positive returns for 2025, a scenario unseen in half a…
Read MoreWaymo in talks to raise billions at over US$100 billion valuation: report
ALPHABET unit Waymo is in talks with potential investors to raise money at a valuation of at least US$100 billion, The Information reported on Tuesday, as competition intensifies in the nascent robotaxi market. The size of the financing round could even possibly exceed US$10 billion, and is expected to be arranged early next year, the…
Read MoreShocking moment Nick Reiner surrenders on LA street as cops corner him following alleged murders of Rob, Michele
Shocking new footage showed the moment Nick Reiner raised his hands to surrender on a Los Angeles street just hours after he allegedly butchered his parents at their nearby home. Reiner, 32, was dressed in all dark clothes and wearing a baseball cap as he lingered near a crosswalk at a Metro station just 15…
Read MoreChina chipmaker MetaX debuts after wildly oversubscribed IPO
CHINA will have another major chip debut on Wednesday (Dec 17), eagerly watched by stock-market investors after the stellar gains by its peer Moore Threads Technology earlier this month. MetaX Integrated Circuits Shanghai is set to start trading in its home city after raising US$585.8 million in an initial public offering (IPO) that was 2,986…
Read MoreChina chipmaker MetaX jumps 755% after wildly oversubscribed IPO
Chinese IPOs have been strong this year, averaging a 250% pop on the first trading day [SHANGHAI] MetaX Integrated Circuits Shanghai soared in its first day of trading on Wednesday (Dec 17), the latest outsized debut by a Chinese chipmaker after similar gains by Moore Threads Technology earlier this month. MetaX jumped as much as…
Read MoreWarner Bros Discovery board rejects rival bid from Paramount
[LOS ANGELES] Warner Bros Discovery’s board rejected Paramount Skydance’s US$108.4 billion hostile bid on Wednesday (Dec 17), saying it failed to provide adequate financing assurances. In a letter to shareholders, disclosed in a regulatory filing, the board wrote that Paramount had “consistently misled” Warner Bros shareholders that its US$30-per-share cash offer was fully guaranteed, or…
Read MoreChagee, Mixue, Scarlett, Xiang Xiang: Singapore F&B is a cut-throat business, but some are still expanding
Even industry leaders such as Eggslut and Haidilao have been forced to exit or dial back expansion plans [SINGAPORE] In 2025, eateries have shut down faster than you can say “menu please”. Even industry leaders such as Eggslut and Haidilao have been forced to exit or dial back expansion plans. But amid a brutal food…
Read MoreHacking group ‘ShinyHunters’ threatens to expose premium users of sex site Pornhub
Three of the affected people confirmed to Reuters that they had signed up to Pornhub’s premium service [WASHINGTON] The hacking group “ShinyHunters” said on Tuesday it has stolen data belonging to premium customers of the leading sex website Pornhub and is threatening to publish it. Although Reuters could not immediately establish the scope, scale, or…
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