Posts by Liam Redmond
Trump moves to make tech giants pay for surging power costs
[ad_1] The grid operator serves more than 67 million people from the Mid-Atlantic to the Midwest [WASHINGTON] US President Donald Trump and the governors of several US Northeastern states agreed to push for an emergency wholesale electricity auction that would compel technology companies to effectively fund new power plants. The unprecedented plan, set to be…
Read MoreMandarin Oriental to delist from SGX on Jan 20 following privatisation
[ad_1] [SINGAPORE] Mandarin Oriental will be delisted from the Singapore Exchange (SGX) on Jan 20, 2026, the luxury hotel group announced on Friday (Jan 16). The voluntary delisting follows the privatisation of the company by Jardine Strategic, a wholly owned subsidiary of its controlling shareholder, Jardine Matheson Holdings. Mandarin Oriental confirmed the effective date of…
Read MoreSome in Bank of Japan see scope to raise rates sooner than markets expect, sources say
[ad_1] [TOKYO] Some Bank of Japan policymakers see scope to raise interest rates sooner than markets expect with April a distinct possibility, as a sliding yen risks adding to already broadening inflationary pressure, four sources familiar with its thinking said. BOJ policymakers are facing the unenviable task of pushing up years of ultra-low borrowing costs…
Read MoreYankees willing to add multiple opt-outs in their Cody Bellinger pursuit
[ad_1] The Yankees are signaling a wiliness to do not just one opt-out, but two opt-outs for Cody Bellinger in continuing efforts to bridge the long-standing issue of length of contract. So to recap, the Yankees will give a big signing bonus (attractive with CBA issues looming), no deferrals and now two opt-outs. They’ve offered…
Read MoreFord in talks to use BYD batteries for overseas factories
[ad_1] [DETROIT] Ford Motor is in talks with China’s BYD about potentially supplying batteries for hybrid vehicles to the American automaker’s overseas factories, according to sources familiar with the negotiations. BYD, the world’s top seller of electric vehicles (EVs), is among several battery suppliers Ford is talking to, said the sources, who asked not to…
Read MoreChangi Airport doubles supplemental China flights to 600 ahead of CNY travel surge
[ad_1] [SINGAPORE] Six airlines at Changi Airport will be offering over 600 supplementary flights to as many as 15 Chinese cities to cater to an anticipated increase in travel demand over the coming Chinese New Year holiday. This is more than double the supplementary flights during the same period in 2025, said Changi Airport on…
Read MoreGold slips as upbeat US data boosts dollar, dims rate-cut bets
[ad_1] A firmer US dollar makes greenback-priced metals more expensive for overseas buyers [BENGALURU] Prices of gold and silver extended their losses on Friday (Jan 16) after a stronger-than-expected US economic data pushed the US dollar higher and fuelled expectations that the US Federal Reserve will not cut interest rates for a while. Spot gold…
Read MoreUS firms regain optimism on China after Trump-Xi trade truce
[ad_1] [BEIJING] US companies are more upbeat about doing business in China after a trade truce between US President Donald Trump and Chinese leader Xi Jinping, according to a survey by the American Chamber of Commerce in China. About 48 per cent of respondents said they are optimistic about China’s market growth over the next…
Read MoreAsian shares near record high on AI optimism, dollar up on receding Fed cut bets
[ad_1] [SINGAPORE] Asian stocks advanced on Friday as the artificial intelligence boom regained momentum, while the dollar held near a six-week high after upbeat US economic data left traders trimming bets on rate cuts there. Oil prices were nursing losses and safe-haven gold and silver fell after US President Donald Trump adopted a wait-and-see posture…
Read MoreNew SID platform for listcos’ board chairs to support Singapore equities market uplift
[ad_1] [SINGAPORE] Board chairs of companies listed on the Singapore Exchange (SGX) will now be able to tap a professional community and access expert insights and networking opportunities. Launched on Friday (Jan 16) by the Singapore Institute of Directors (SID), the platform known as the SID Chairpersons Guild also complements the national effort to strengthen…
Read MoreSID launches platform for listcos’ board chairs as Value Unlock programme opens for applications
[ad_1] This aims to support national efforts to strengthen the development of Singapore’s equities market [SINGAPORE] Board chairs of companies listed on the Singapore Exchange (SGX) will now be able to tap a professional community and access expert insights and networking opportunities. Launched on Friday (Jan 16) by the Singapore Institute of Directors (SID), the…
Read MoreThese awful plays stand out after DePaul’s point-shaving allegations revealed
[ad_1] Three former DePaul basketball players are among the 39 from at least 17 NCAA Division I programs allegedly involved in a sweeping FBI investigation into point shaving. Jalen Terry, Da’Sean Nelson and Micawber Etienne allegedly made intentional mistakes to influence the first-half spread in a February 2024 game against Georgetown in exchange for bribe…
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