Posts by Liam Redmond
Singapore stocks edge lower ahead of key US data; STI down 0.2%
[SINGAPORE] Singapore stocks ended lower on Tuesday (Dec 16), ahead of a slate of US economic data due later in the day. The benchmark Straits Times Index (STI) fell 0.2 per cent, or 9.44 points, to 4,579.73. The iEdge Singapore Next 50 Index slipped 0.1 per cent, or 1.11 points, to 1,434.88. Across the broader…
Read MoreObamas planned to meet with Rob Reiner and wife the night couple was killed
The Obamas were supposed to meet with director Rob Reiner and his wife, Michele, the night they were allegedly killed by their son, Nick Reiner, in their home in Los Angeles. “We were supposed to be seeing them that night — last night — and we got the news,” Michelle Obama said on “Jimmy Kimmel Live!”…
Read More‘Shadow banking’ growing at double the rate of traditional lenders, FSB says
The sector’s rapid growth alarms regulators over weak transparency and risks spilling into broader financial markets [LONDON] The non-bank financial sector’s share of global assets grew to 51 per cent, or US$256.8 trillion, last year and expanded at double the rate of the traditional banking industry, the Financial Stability Board (FSB) said on Tuesday (Dec…
Read MoreStrange celebrity ‘naked Christmas tree’ trend sparks pushback: ‘Ornaments are a must’
As people all over the country prepare to travel to see loved ones this Christmas season, an unexpected obsession is driving home the “less is more” adage. It’s also dividing people. Stripped of decoration and free of clutter, the minimalist Christmas tree has become a hot trend on social media feeds, with bare trees lit by nothing…
Read MoreMUFG’s next CEO Hanzawa seeks growth to close gap with global rivals
Hanzawa, 60, who is currently the head of the main banking unit, will succeed Hironori Kamezawa on Apr 1 [TOKYO] Junichi Hanzawa, the next chief executive officer of Mitsubishi UFJ Financial Group (MUFG), will take the reins of Japan’s largest bank as it rakes in record profits. His challenge will be sustaining that growth beyond…
Read MoreKelsey Grammer knew LA wasn’t for him ‘the minute I got here’: ‘We got nincompoops running things’
Kelsey Grammer opened up about his love-hate relationship with Los Angeles. During an interview with Fox News Digital, the 70-year-old “Turbulence” actor, who has lived in LA since the early 1980s, recalled the moment that he knew the LA life was not for him. “The minute I got here,” Grammer said with a laugh. “But I’ve…
Read More86-year-old fined $335 for littering — after spitting out leaf that blew into his mouth
This certainly leafed him with a bad taste in his mouth. An 86-year-old Englishman was hit with a preposterous fine for littering after two enforcement officers saw him spit out a leaf that had blown into his mouth. Roy Marsh had stopped for a rest while walking through a car park in the tourist town…
Read MoreFlorida chef saves regular’s life after 78-year-old stops showing up for daily meals: ‘He’s that best friend’
A Florida chef is being credited with saving the life of one of his regular diners after the elderly man didn’t show up to the restaurant he’s been eating at twice a day, every day for a decade. Charlie Hicks, 78, has ordered a cup of gumbo — light on the rice, without the cracker…
Read MoreChina AI chip firm Biren to launch Hong Kong IPO in coming weeks: sources
The company is banking on rapid growth as China seeks to develop domestic alternatives to US semiconductors [BEIJING/HONG KONG] Chinese artificial intelligence (AI) chip startup Biren Technology aims to launch a Hong Kong initial public offering (IPO) in the coming weeks, four sources with knowledge of the matter said. The IPO could raise US$300 million,…
Read More8 narco-terrorists killed in latest Eastern Pacific lethal kinetic strikes, SOUTHCOM says
The United States Southern Command announced Monday that the United States carried out “lethal” strikes on multiple vessels operated by designated terrorist organizations, killing at least eight narco-terrorists. “On Dec. 15, at the direction of @SecWar Pete Hegseth, Joint Task Force Southern Spear conducted lethal kinetic strikes on three vessels operated by Designated Terrorist Organizations in international…
Read MorePhilippine wealth fund to invest in port company Asian Terminals
The Philippine sovereign wealth fund has pursued a few deals since its inception in 2023 [MANILA] Philippine sovereign wealth fund Maharlika Investment plans to acquire a minority stake in Asian Terminals, the nation’s second-largest port operator. The fund said that it will pay 3.6 billion pesos (S$79 million) for an 11.2 per cent stake in…
Read MoreDwyane Wade knows the secret to ex-agent Leon Rose’s Knicks success
LAS VEGAS — After seeing Leon Rose negotiate mega contracts for all his friends, Dwyane Wade is not surprised that the former agent is succeeding as Knicks president. “Not at all. You see how much money he helps people get?” Wade, the Hall of Fame player, said. “He’s been incredible there. It feels like New…
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