Posts by Liam Redmond
Buffett’s Alphabet blessing puts valuation paradox back in focus
[ad_1] Shares of the Google parent are up 55% this year, making them by far the top performer among the Magnificent Seven technology giants [NEW YORK] Just six months ago, Alphabet investors feared the company could be a casualty of the artificial intelligence revolution. But after a trillion-US dollar rally those concerns have flipped, and…
Read MoreExclusive | Wall Street investor Joseph Hernandez launches bid to oust longtime state Comptroller Tom DiNapoli
[ad_1] ALBANY – Wall Street exec Joseph Hernandez is throwing his hat in the ring to try to unseat longtime New York state comptroller Tom DiNapoli – arguing the position could be used to rein in incoming Mayor Zohran Mamdani. Hernandez, a child of Cuban refugees who went on to make a name for himself…
Read MoreUBS appoints Kwa Chong Seng as chairman for Singapore, South-east Asia
[ad_1] [SINGAPORE] UBS has appointed corporate heavyweight Kwa Chong Seng as chairman for Singapore and South-east Asia, beginning from Dec 1. In this newly created role, Kwa will report directly to Iqbal Khan, president of UBS Asia-Pacific and the co-president of global wealth management at UBS. According to an internal memo on Thursday (Nov 20)…
Read MoreLink Reit H1 DPU down 5.9% at HK$1.2688 amid macro headwinds, sectoral challenges
[ad_1] [SINGAPORE] Hong Kong-listed Link Real Estate Investment Trust (Reit) – which owns Singapore’s Jurong Point and a major part of Thomson Plaza, recorded a distribution per unit (DPU) of HK$1.2688 for its first half-year ended Sep 30, down 5.9 per cent from HK$1.3489 previously. The Reit, Hong Kong’s biggest, was recently reported to be…
Read MoreSGX-Nasdaq dual-listing move removes dilemma of having to choose one exchange over the other
[ad_1] Blue chips like DBS, UOB, OCBC, Jardine will be more affordable to small investors under additional proposal to reduce board lot sizes [SINGAPORE] US-listed Grab might have been dual listed in Singapore if the Singapore Exchange’s latest push for dual listings was around at the time they went public on Nasdaq. On Wednesday (Nov…
Read MoreKlay Thompson has fond memories of Mike Brown: ‘incredible Harley-Davidson collection’
[ad_1] DALLAS — What does Klay Thompson remember first about Mike Brown? “His incredible Harley-Davidson collection,” Thompson said with a smile in an interview with The Post before the Knicks managed to pull off a 113-111 win over the Mavericks. Indeed, Brown owns Harleys, but he also left a strong coaching impression on Thompson before…
Read MorePrime Video’s Black Friday deal is here: Save 75% on streaming subscriptions to Apple TV, BritBox, more
[ad_1] Black Friday is less than a week away, and the savings are already rolling in all over the Internet. You can already score savings on thousands of products ahead of the official big day on Nov. 28, but the deals don’t stop at physical products, because several great deals on Prime Video Channels are now available.…
Read MoreBNP starts buyback, boosts capital goal after share drop
[ad_1] [PARIS] BNP Paribas announced a new buyback and plans to reach a target for capital strength early as chief executive officer Jean-Laurent Bonnafe seeks to reverse a recent slide in the stock price. The French lender will start a 1.15 billion euros (S$1.7 billion) share buyback programme to return some of its profits this…
Read MoreNvidia’s upbeat forecast soothes fears of AI spending bubble
[ad_1] The company’s results have become a barometer for the health of the AI industry [NEW YORK] Nvidia Corp, the world’s most valuable company, gave a strong revenue forecast for the current period, helping counter concern that a global surge in AI spending is poised to fizzle. Sales will be about US$65 billion in the…
Read MoreFather makes chilling confession about infant after 4 other children found dead outside North Carolina home
[ad_1] A North Carolina father who allegedly called 911 to confess to killing four of his children and hiding their remains in a car trunk at his home near Zebulon also allegedly told investigators he buried a fifth child behind the house, according to a report. Court records show Wellington Delano Dickens III, 38, has been charged…
Read MoreGun rights groups hail Trump’s pick to lead ATF: ‘First ever truly pro-Second Amendment nominee’
[ad_1] President Trump’s nominee to head the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) is being hailed Wednesday as the “first ever truly pro-Second Amendment” choice to lead the agency. ATF Deputy Director Robert Cekada’s nomination to the top job at the bureau was quietly transmitted to Congress on Tuesday and referred to the…
Read MoreOCBC app adds 8 digital wallets from across South-east Asia
[ad_1] [SINGAPORE] Local bank OCBC on Thursday (Nov 20) said that it has added eight digital wallets from South-east Asia, enabling customers in Singapore to transfer money directly from their accounts to these wallets via the bank’s app. The new wallets are: Coins, GCash and PayaMaya from the Philippines; GoPay, Ovo and LinkAja from Indonesia;…
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