Posts by Liam Redmond
India’s central bank keeps rates on hold after US trade deal
The central bank has now cut rates by a total of 125 basis points since February 2025 Published Fri, Feb 6, 2026 · 02:15 PM [MUMBAI] The Reserve Bank of India (RBI) kept its key repo rate unchanged on Friday (Feb 6), as expected, amid strong economic growth and reduced tariff pressures following a trade…
Read MoreSchumer rejected Trump’s offer to unfreeze $16B for Gateway tunnel in exchange for renaming Penn Station and Dulles Airport after him
Senate Minority Leader Chuck Schumer (D-NY) rejected an offer from President Trump last month to release $16 billion in federal funds for the Gateway tunnel project in exchange for backing the renaming of New York’s Penn Station and Washington’s Dulles International Airport after him. Schumer reportedly told the president that he didn’t have the power…
Read MoreKuok Maritime Group’s PaxOcean opens S$200 million Jurong shipyard
[SINGAPORE] Kuok Maritime Group subsidiary PaxOcean on Friday (Feb 6) opened a S$200 million shipyard at 5 Jalan Samulun. The company falls under Malaysian billionaire Robert Kuok’s Kuok Group. The shipyard, situated in Jurong Industrial Estate, spans about 17.3 hectares and features two large dry docks, one floating dock, expanded quayside capacity and integrated workshops…
Read MoreKuok Maritime Group’s PaxOcean opens S$200 million Jalan Samulun shipyard
[SINGAPORE] Kuok Maritime Group subsidiary PaxOcean on Friday (Feb 6) opened a S$200 million shipyard at 5 Jalan Samulun. The company falls under Malaysian billionaire Robert Kuok’s Kuok Group. The shipyard, situated in Jurong Industrial Estate, spans about 17.3 hectares and features two large dry docks, one floating dock, expanded quayside capacity and integrated workshops…
Read MoreKeith Hernandez finalizes new contract to continue calling Mets games for SNY
SNY’s popular Mets announcing trio will live on. In the days before pitchers and catchers officially report to spring training, Keith Hernandez agreed to a three-year contract to return to the booth, with the deal being finalized on Thursday, The Post’s Mike Puma reported. In October, Hernandez revealed to The Post’s Jon Heyman and Joel…
Read MoreJapan’s Kirin sells Four Roses bourbon as US whisky market cools
Concerns over the impact of US President Donald Trump’s tariffs also continue to weigh on the sector Published Fri, Feb 6, 2026 · 12:05 PM [TOKYO] Japanese brewer Kirin Holdings said that it will sell its Four Roses bourbon brand to E&J Gallo Winery for as much as US$775 million, as the Japanese brewer pivots…
Read MoreJaxon Smith-Njigba named the NFL’s Offensive Player of the Year, beating Rams star Puka Nacua
To the victors go the spoils. And for Rams wide receiver, that means coming up short on his bid to win the NFL’s Offensive Player of the Year award. Instead, that honor went to Seahawks wide receiver Jaxson Smith-Njigba, who nudged out Nacua, Patriots quarterback Drake Maye, 49ers running back Christian McCaffrey, and Falcons running…
Read MoreFormer Japan currency chief says FX intervention should be backed by rate hikes
Nakao warned that the yen could weaken further if the BOJ was slow to raise interest rates Published Fri, Feb 6, 2026 · 11:22 AM [TOKYO] Currency intervention using Japan’s foreign exchange reserves can deliver an immediate jolt to markets, but its impact would be more durable if accompanied by steady rate hikes, a former…
Read MoreGold, silver extend losses on global tech rout, firmer dollar
Investors expect at least two 25-basis-point rate cuts in 2026, with the first one expected in June Published Fri, Feb 6, 2026 · 11:12 AM [BENGALURU] Gold and silver extended losses on Friday (Feb 6) as a global rout in tech equities and a stronger US dollar wiped out most gains made by the metals…
Read MoreUber ordered to pay US$8.5 million in trial over driver sex assault claims
The company maintains that its drivers are independent contractors rather than employees Published Fri, Feb 6, 2026 · 10:48 AM A US jury ordered Uber on Thursday to pay US$8.5 million after finding it liable in a lawsuit brought by a woman who said she was sexually assaulted by a driver when she was 19,…
Read MoreDouglas Murray: Kamala Harris returning to the political landscape can be best described by Gen Z as ‘cringe’
I suppose I should admit it. I miss Kamala Harris. Life in this country has not been the same without her. We’ve missed her musings on yellow buses, all that talk about coconut trees, and of course her meditations on the nature of time. Since Kamala has gone silent I often find myself going back…
Read MoreAI race sends Big Tech’s capital spending to stratospheric high
Each tech giant has laid out a slightly different route to recouping their investments [WASHINGTON] Four of the biggest US technology companies together have forecast capital expenditures that will reach about US$650 billion in 2026, a mind-boggling tide of cash earmarked for new data centres and the long list of equipment needed to make them…
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