Posts by Liam Redmond
Why Was a 6-Foot Iguana Sent Through FedEx? What Happened When Titan Jumped Out of the Box
A routine package pickup in Memphis turned into a chaotic reptile chase, when a 6-foot iguana named Titan suddenly jumped out of his shipping container and sprinted behind the counter at a FedEx location, startling employees and customers. The July 17 incident is back in the spotlight after The Cool Down revisited the viral footage…
Read MoreVolkswagen finds defence future for German plant amid major overhaul
Labour officials say the move could preserve about 1,400 of the site’s 1,800 jobs. Published Mon, Sep 7, 2026 · 11:18 PM [OSNABRUECK, Germany] Volkswagen on Monday (Sep 7) struck a preliminary deal that will see one of its German sites switch to defence production, a first in the automaker’s efforts to restructure plants struggling…
Read MoreNew Huawei device is China’s answer to foldable iPhone
Published Mon, Sep 7, 2026 · 10:18 PM [BEIJING] Huawei Technologies and Xiaomi are raising the stakes in China’s smartphone arena just days before Apple’s first foray into the foldable category. Huawei on Monday unveiled the latest edition of its ultra-premium trifold device, the Mate XT 2, which has two folding mechanisms. A successor to…
Read MoreYen hits seven-month high; dollar soft ahead of US inflation
Published Mon, Sep 7, 2026 · 09:07 PM [SINGAPORE/LONDON] The yen surged to a seven-month high on Monday (Sep 7), as traders appeared to reassess their outlook on the embattled currency, thanks to a combination of factors including bets on faster Bank of Japan tightening and expectations that Japanese investors may shift funds home. The…
Read MoreShein’s value down US$5 billion, among HK’s worst post-IPO weeks
The fall underscores investor concerns over the fast-fashion retailer’s growth outlook Published Mon, Sep 7, 2026 · 06:50 PM [HONG KONG] Shein Global Holdings has lost about US$5 billion in market value since its initial public offering as it finished one of the worst opening weeks after a major Hong Kong listing, underscoring investor concerns…
Read MoreSingapore stocks fall on Monday; STI down 0.2%
Published Mon, Sep 7, 2026 · 06:45 PM [SINGAPORE] Singapore stocks ended lower on Monday (Sep 7). The benchmark Straits Times Index (STI) lost 0.2 per cent or 9.68 points to finish at 5,792.28. Sats led the gainers on Singapore’s blue-chip index, rising 2.3 per cent or S$0.09 to S$3.97. The worst performer among STI…
Read MoreMarco Polo Marine inks agreement for S$139 million RTO of Fuji Offset Plates Manufacturing
The consideration will be satisfied through the issuance of new ordinary shares at S$0.701 per share [SINGAPORE] Marco Polo Marine has inked a conditional sale and purchase agreement with Catalist-listed Fuji Offset Plates Manufacturing for the proposed reverse takeover of its shipyard business, valued at up to S$139 million. The announcement on Monday (Sep 7)…
Read MoreGoogle, Cathay Pacific use AI to tackle aviation’s top climate headache
The solution mitigates the warming effects of contrails by adjusting flight paths Published Mon, Sep 7, 2026 · 05:07 PM ALPHABET’S Google and Cathay Pacific Airways are putting artificial intelligence to work on one of the aviation industry’s most visible but least-addressed climate problems. Contrails, the crisp white condensation plumes that often trail aircraft flying…
Read MoreDBS, Citi bypass traditional banking hours in cross-border tokenised deposit trial
Standard cross-border settlement can take up to 2 business days due to time zones, weekend closures [SINGAPORE] DBS and Citigroup executed a cross-border US dollar payment on Saturday (Sep 5) using tokenised deposits, marking a new milestone in the banks’ efforts to bypass traditional banking hours and enable round-the-clock global cash transfers. The transaction, completed…
Read MoreIndia’s central bank withdraws over six trillion rupees of bank liquidity after record spike
The surplus hits 11.6 trillion rupees on Sep 6, amounting to nearly 4% of the banking system deposits Published Mon, Sep 7, 2026 · 03:50 PM [MUMBAI] The Indian central bank absorbed more than six trillion rupees (US$63.5 billion) through cash withdrawal operations on Monday (Sep 7), a day after banking liquidity surged to a…
Read MoreChina insurer capital injections could boost stock investments, analysts say
Published Mon, Sep 7, 2026 · 03:11 PM [BEIJING/SHANGHAI] Beijing’s plan to inject capital into big state-owned insurers is expected to ease capital constraints and solvency pressures that have held back insurers from investing more long-term funds into the stock market, analysts said. Five state-owned insurers and three banks said on Sunday (Sep 6) that…
Read MoreSingapore, Hong Kong banks to benefit most as Asia capital markets deepen in H2: Morgan Stanley
[SINGAPORE] A report from Morgan Stanley on Wednesday (Sep 2) noted how Singapore and Hong Kong banks are key beneficiaries as Asia’s capital markets continue to deepen in the second half of this year. This comes as the region generates substantial household wealth through rising incomes, urbanisation, and an expanding middle class population. “As wealth…
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