Posts by Liam Redmond
Gold gains as Fed rate-cut optimism dents dollar
[ad_1] Dovish commentary from several Fed officials has further fuelled expectations of monetary easing [BENGALURU] Gold prices edged higher on Monday (Dec 8), as rising expectations of a US Federal Reserve interest rate cut this week pressured the US dollar. Spot gold was up 0.3 per cent at US$4,206.99 per ounce, as at 9.18 am.…
Read MoreJets takeaways, report card from NFL Week 14 loss to Dolphins
[ad_1] Takeaways from the Jets’ 34-10 loss to the Dolphins on Sunday: 1. The Jets officially were eliminated from the playoffs Sunday, extending their drought to 15 years. It is hard to believe in a league built on parity that the Jets have been this bad for this long. They have been through five different coaches,…
Read MoreWongPartnership issues payment demand to United Food for S$358,000 in unpaid fees
[ad_1] [SINGAPORE] United Food announced on Friday (Dec 5) that it received two letters of demand dated Dec 3 from WongPartnership, on behalf of the firm with respect of professional fees previously rendered to the company. They stated that the group failed to pay the invoices of S$23,372.51 and S$335,594.37, respectively. Payment of these sums…
Read MoreSembcorp confirms talks to buy Australia’s Alinta Energy from Chow Tai Fook
[ad_1] [SINGAPORE] Sembcorp Industries on Monday (Dec 8) confirmed that it is in talks to buy Australian’s Alinta Energy, the country’s fourth biggest utilities company. In a bourse filing, it stated that “it is currently considering potential acquisition opportunities which include Alinta Energy”. The potential deal was recently reported by the Australian Financial Review (AFR)…
Read MoreTrump warns Netflix-Warner deal may pose antitrust ‘problem’
[ad_1] [WASHINGTON] US President Donald Trump raised potential antitrust concerns for Netflix’s planned acquisition of Warner Bros Discovery, noting that the market share of the combined entity may pose problems. “Well, that’s got to go through a process, and we will see what happens,” Trump said on Sunday (Dec 7) when asked about the deal…
Read MoreHamas Chief Khaled Mashal Defies Trump Gaza Plan, No Disarmament
[ad_1] Hamas leader Khaled Mashal declared that “the resistance and its weapons are our honor and glory” and that “the battle is not over,” boasting that rights are won “at the recruitment office, not the U.N. Security Council” — a declaration that directly contradicts President Donald Trump’s 20-point Gaza peace plan and celebrates the October…
Read MoreDramatic video shows NYPD officers jumping into ‘freezing water’ to rescue man struggling in East River
[ad_1] A dramatic video captured NYPD officers diving into the freezing waters of a busy section of the East River to rescue a man struggling to reach the Brooklyn shoreline, according to authorities. A 911 call was received around 1:03 p.m. on Nov. 30 about a person in the water near Furman Street and Montague…
Read MoreBrooklyn’s inaugural ‘Winter Village’ bashed for unworthy entry fee: ‘There’s just not enough to do’
[ad_1] A Brooklyn neighborhood’s first “winter village” opened this weekend and quickly disappointed customers who had to pay a cover fee to get in, only to find a scattering of a few lackluster vendors. The inaugural “Williamsburg Winter Village” at the BK Backyard Bar is a near carbon copy of the booming and free pop-up…
Read MoreWill UltraGreen.ai be able to shine in a market dominated by big, dividend-paying companies?
[ad_1] As the newly listed stock slides below its IPO price, DFI Retail Group is soaring on plans to boost its profitability and lift its dividend payout ratio [SINGAPORE] In the end, the much anticipated listing of UltraGreen.ai on Dec 3 was something of an anticlimax. While its shares popped nicely when trading kicked off,…
Read MoreOffshore specialist Yinson Production eyes IPO, among other exit options for investors
[ad_1] The Singapore-based company is expanding into carbon capture and storage, while eyeing opportunities in Namibia [SINGAPORE] Armed with a US$1 billion confidence boost from investors, Singapore-based offshore specialist Yinson Production plans to give its backers an exit in the next three to five years – through an initial public offering (IPO) or other means.…
Read MoreIf it’s not a US war, who cares?, making liberal arts matter and other commentary
[ad_1] Foreign desk: If It’s Not a US War, Who Cares? President Trump “calls himself the ‘president of peace’ and says he has ‘ended eight wars,’ ” notes the Washinton Examiner’s Byron York. Trouble is, “hardly anyone cares.” Absent “a shooting war involving the United States going on,” Americans don’t think much about foreign policy. In an October…
Read MoreSL Green chief expects thriving NYC office market to continue — even under Mamdani
[ad_1] The Real Estate Board of New York’s holiday luncheon at the Metropolitan Club capped a festive week for the industry, which included with the packed Fried Frank holiday bash at Cipriani 42nd Street two nights earlier. The mood was celebratory thanks to the thriving office market, where low vacancy will continue falling because there’s…
Read More