Posts by Liam Redmond
Nix city council’s lunatic push for instant NYPD bodycam footage
City Council Speaker Adrienne Adams is rushing to build one last piece of her legacy of … accelerating the exodus from the NYPD. Yes, she’s determined to pass a bill that will give the Civilian Complaint Review Board direct access to the servers storing police bodycam footage because … why, exactly? She says the aim…
Read MoreAsian markets track Wall Street record after Fed cut
ASIAN equities rose on Friday as investors tracked a record day on Wall Street in the wake of the Federal Reserve’s latest interest rate cut. The gains came despite renewed concerns about tech valuations after disappointing earnings from sector giants Oracle and Broadcom. Markets were on course to end a mixed week on a positive…
Read MorePhilippine central bank chief tempers hawkish view, sees one more cut
PHILIPPINE central bank Governor Eli Remolona said monetary authorities may cut the benchmark interest rate one more time in the current easing cycle with the economic recovery likely to last longer than thought. “If we get off the fence it’s probably another rate cut but that’s probably about it. One more rate cut,” Remolona said…
Read MoreGiants hoping Jaxson Dart can clean up his on-the-run decision making
Toeing the line between when Giants rookie quarterback Jaxson Dart should slide at the end of a run and when he should fight for extra yards has now become all about toeing the sideline. Dart was leveled by the Patriots’ Christian Elliss during the last game, which led to Theo Johnson shoving Elliss and drawing…
Read MoreSoftBank eyes data centre group switch as Son hunts for AI
SOFTBANK Group is studying potential acquisitions including data centre operator Switch Inc., as billionaire founder Masayoshi Son ramps up the search for deals that can help it ride the AI-fueled boom in digital infrastructure, people with knowledge of the matter said. The Japanese company has held discussions with Switch leadership and has been conducting due…
Read MoreRoad rage maniac busted weeks after stabbing NYC cabbie, leaving him for dead: cops
An alleged road rage maniac was busted weeks after he stabbed a Bronx livery cab driver – as prosecutors revealed the cabbie repeatedly insisted that he did not “want to fight.” Darin Dominick, 56, surrendered to cops Wednesday morning in connection to the early Nov. 26 attack on Ghanaian immigrant Osei “Ozzy” Kusi, 39, at…
Read MoreHongkong Land shares close 3.5% down following news of S$8 billion real estate fund
[SINGAPORE] Shares of Hongkong Land soared as much as 5.5 per cent after the company announced plans to inject its interests in One Raffles Quay, Marina Bay Financial Centre (MBFC) Towers 1 and 2 into a new real estate fund. The counter rose as high as US$7.31 by 9.31 am on Friday (Dec 12), climbing…
Read MoreGlobal EV sales growth slowest since Feb 2024 on China plateau, US policy changes
GLOBAL EV sales grew in November at the slowest rate since February 2024 as China plateaued, while the end of an EV tax credit scheme in the United States set North America on track for its first year of decline since 2019, data showed. In Europe, registrations of electric vehicles, including battery-electric and plug-in hybrids,…
Read More‘RHOC’ alum Meghan King to only see kids for a ‘few weeks’ every summer in new custody deal
Meghan King’s new custody deal with ex-husband Jim Edmonds will reportedly allow her to have her three kids for “a few weeks every summer” following a Child Protective Services investigation. The “Real Housewives of Orange County” alum agreed to let daughter Aspen, 8, and 7-year-old twins Hart and Hayes live with Edmonds full-time in Tennessee, a source told Us…
Read MoreHongkong Land hives off MBFC Towers 1 and 2, One Raffles Quay into new S$8 billion Singapore real estate fund
New fund will be Singapore’s biggest private real estate fund and is part of group’s aim to grow its AUM to US$100 billion by 2035 [SINGAPORE] Following the sale of its stake in Marina Bay Financial Centre (MBFC) Tower 3 to Keppel Reit, Hongkong Land on Friday (Dec 12) announced that it is injecting its…
Read MoreHongkong Land hives off MBFC Towers 1 and 2, One Raffles Quay into new S$8 billion Singapore private fund
New fund will be Singapore’s biggest private real estate fund; move follows divestments of other major assets [SINGAPORE] Following the sale of its stake in Marina Bay Financial Centre (MBFC) Tower 3 to Keppel Reit, Hongkong Land on Friday (Dec 12) announced that it is injecting its interests in One Raffles Quay, MBFC Towers 1…
Read MoreStocks to watch: Sembcorp, CDL, UOL, GuocoLand, Seatrium, Singtel, Hongkong Land
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Dec 12): Sembcorp Industries : The engineering services company on Thursday announced that it will acquire Australian utilities provider Alinta Energy (Alinta). The agreed enterprise value of this deal is A$6.5 billion (S$5.6 billion). The estimated purchase price is…
Read More