Posts by Liam Redmond
Concord New Energy forecasts over 80% dip in profit for FY2025
This comes on the back of a decline in revenue and gross margin from its power generation business [SINGAPORE] Concord New Energy announced on Friday (Feb 20) that it expects a drop of more than 80 per cent in unaudited profit attributable to equity holders for the financial year ended Dec 31, 2025, compared with…
Read MoreIn a frenetic digital era, he’s helping Angelenos rediscover the classic cassette player
Stepping into Jr. Market boutique in Highland Park is like entering a 1980s time warp. Built into a refurbished shipping container, it’s filled with everything from tiny Walkman-style portables to colorful, number-flip clock radios and, naturally, boomboxes of all sizes. Few are more imposing than the TV the Searcher, a Sharp boombox from the early…
Read MoreAdvanced Systems Automation terminates pre-conditional offer for Asti shares
This follows Sias’ queries for clarification amid governance and valuation concerns [SINGAPORE] Advanced Systems Automation will terminate its pre-conditional voluntary general offer for all the shares of Asti, it said in a bourse filing on Friday (Feb 20). The company said it was no longer in its best interest to proceed with the offer, citing…
Read MoreVicom posts 77.6% surge in H2 net profit to S$26.9 million
The group proposes a tax-exempt, one-tier final dividend of S$0.053 a share for FY2025, up from S$0.03 in the financial year before [SINGAPORE] Vehicle inspection company Vicom on Friday (Feb 20) reported a 77.6 per cent jump in year-on-year net profit to S$26.9 million, from S$15.2 million, for the half-year ended Dec 31, 2025. This…
Read MoreSingapore stocks rise amid mixed regional showing; STI up 0.3%
Across the broader market, losers beat gainers 304 to 280 after 1.4 billion securities worth S$2 billion change hands [SINGAPORE] Stocks on the local bourse closed higher on Friday (Feb 20), even as regional markets turned in a mixed performance with investors evaluating escalating US-Iran tensions. The benchmark Straits Times Index (STI) gained 0.3 per…
Read MoreThai hotel empire weighs US$1 billion Reit, unit IPO to cut debt
Minor International will sell 14 hotels in Europe and Thailand into the Reit, which will be listed in Singapore in H2 Published Fri, Feb 20, 2026 · 05:54 PM MINOR International – Thailand’s largest hotel and restaurant chain operator – plans to set up its first real estate investment trust (Reit) worth about US$1 billion,…
Read MoreCroatia vacation hot spot may ban alcohol sales during key hours in sweeping new crackdown
The nightlife in Croatia’s second-largest city could soon look quite a bit different for visitors on vacation getaways. The city of Split is proposing a ban on the sale of alcohol between the hours of 8 p.m. and 6 a.m. Licensed venues such as bars, restaurants and nightclubs would remain exempt. Economy Minister Ante Šušnjar announced…
Read More2 teens charged in connection with TikTok stunt gone wrong that left 16-year-old trapped inside shaft of NYC bridge
Two teens have been charged in connection with a foolish TikTok stunt that caused a 16-year-old boy to plummet 50 feet and become trapped inside a shaft on the Queensboro Bridge, as the victim’s loved ones alleged his so-called friends left him there to die. A 14-year-old boy and a 15-year-old boy have been arrested…
Read MoreCBS Sports making big March Madness coverage change for 2026
Nate Burleson will add NCAA Tournament host to his ever-growing résumé at CBS. The network announced Thursday morning that Burleson will host men’s March Madness coverage for CBS Sports and TNT Sports, replacing beloved basketball broadcaster Ernie Johnson for the first two weeks of the tournament. Burleson will also serve as studio host for Sunday’s…
Read MoreIndonesia sees US$11 billion in share sales for free-float aim
Published Fri, Feb 20, 2026 · 01:05 PM [JAKARTA] Indonesia is bracing for share sales of around US$11 billion to meet tougher free-float rules aimed at heading off a potential downgrade to frontier market status by MSCI. The Indonesia Stock Exchange estimates that 267 companies will need to lift their public shareholdings to 15 per…
Read MoreNvidia close to investing US$30 billion in OpenAI’s mega funding round: source
Published Fri, Feb 20, 2026 · 12:55 PM NVIDIA is close to finalising a US$30 billion investment in OpenAI, as the chipmaker moves to take a stake in one of its largest customers, a person familiar with the matter said. The investment is part of a fundraising round in which OpenAI is seeking more than…
Read MoreNew Tahoe ski death as student found on black diamond trail – after eight killed in nearby avalanche
A missing skier has been found dead at a Lake Tahoe resort — just days after eight were killed by an avalanche in the backcountry nearby. Colin Kang’s body was discovered at the black diamond Sugar Pine Glade trail at Northstar California Resort on Thursday after he went missing around noon on Tuesday. The 21-year-old…
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