Posts by Liam Redmond
TikTok’s new CEO brings Hollywood connections, ByteDance loyalty
Published Sat, Jan 24, 2026 · 09:02 AM TIKTOK picked an insider to lead its newly created US business, choosing an executive with deep ties to the entertainment world and history reporting up to ByteDance’s leadership. Adam Presser, a longtime right hand to TikTok’s global leader Shou Chew, was tapped to lead the new entity,…
Read MoreUS lawmakers say TikTok joint venture deal needs scrutiny from Congress
Published Sat, Jan 24, 2026 · 08:57 AM Some US lawmakers on Friday (Jan 23) said a deal by TikTok’s Chinese owner ByteDance to establish a majority American-owned joint venture (JV) to avoid a US ban on the social media app needs scrutiny from Congress. Representative Jack Moolenaar, the Republican chair of the House select…
Read MoreEuropean stocks end a five-week winning streak after Greenland turmoil
Published Sat, Jan 24, 2026 · 08:34 AM EUROPEAN shares finished lower on Friday (Jan 23) and logged weekly losses as investors exercised caution and assessed any potential trade jitters resulting from frictions with the US over Greenland. The pan-European Stoxx 600 slipped 0.1 per cent to 608.34 points, snapping a five-week winning run –…
Read MoreOil rises nearly 3% as US sends armada to Iran, slaps new sanctions
Published Sat, Jan 24, 2026 · 08:27 AM OIL prices settled at their highest in over a week on Friday (Jan 23) after US President Donald Trump ratcheted up pressure against Iran through more sanctions on vessels that transport its oil, and announced an armada was heading towards the Middle Eastern nation. Brent crude futures…
Read MoreTikTok has finalized its U.S. joint venture, ending saga over its fate
The long and winding road over the fate of TikTok — the enormously popular social video platform that has been a force in American youth culture and entertainment — has come to an end. After years of questions about TikTok’s future in America, the social media platform and its Chinese parent company, ByteDance, have finalized…
Read MoreUS stocks open lower as Intel weighs
Published Fri, Jan 23, 2026 · 10:41 PM [NEW YORK] US stocks opened mostly lower on Friday (Jan 23), putting the main indexes on track for a second consecutive weekly drop, as Intel tumbled on a downbeat outlook and lingering geopolitical concerns kept risk appetite in check. At 09.30 am ET, the Dow Jones Industrial…
Read MoreMPA investigating the sinking of Singapore-flagged ship in South China Sea that left 2 dead
Published Fri, Jan 23, 2026 · 10:32 PM [BEIJING] The Maritime and Port Authority of Singapore (MPA) is investigating the sinking of bulk carrier Devon Bay in the South China Sea on Friday (Jan 23), which left two crew members dead. There were no Singaporeans on board the Singapore-flagged ship, and four crew members remain unaccounted…
Read MoreTestify To Ambition And Touch The Sky
I’ve built companies through messy markets and wild swings. That grind taught me something simple: attitude sets the ceiling. If you want a business that lasts, you need fuel that doesn’t run out. My take is straightforward. Confidence isn’t a perk. It’s the engine. I’m arguing that audacious optimism is a practical strategy, not just…
Read MoreStraits Trading unit to divest South Korea logistics property for 432 billion won
[SINGAPORE] The Straits Trading Company is divesting a freehold logistics facility in Incheon, South Korea, for 432 billion won (S$377.6 million) as part of its strategy to recycle capital from matured assets. The mainboard-listed conglomerate announced on Friday (Jan 23) that Sky Logis Private Real Estate Investment Company (Sky) – a joint venture held under…
Read MoreCitigroup to lay off more employees in March
Published Fri, Jan 23, 2026 · 09:35 PM [NEW YORK] Citigroup is expected to lay off more employees in March following a round of about 1,000 job cuts this month, according to two sources with knowledge of the matter. The new wave of layoffs is expected to be announced after bonuses are paid, said the…
Read MoreStarhill Global Reit wins arbitration proceedings over Adelaide mall lease
Department store chain Myer had alleged that the mall was ‘substantially empty of suitably presented retail stores’ [SINGAPORE] The manager of Starhill Global Real Estate Investment Trust (Reit) announced on Thursday (Jan 22) that it has won the arbitration proceedings initiated by department store chain Myer regarding a lease dispute at the Myer Centre Adelaide.…
Read MoreDBS initiates ‘buy’ call on Coliwoo Holdings amid growing Singapore co-living market
One key risk lies in its significant capital outlay for renovation and maintenance works being irrecoverable, say analysts [SINGAPORE] DBS Group Research analysts Geraldine Wong and Derek Tan on Thursday (Jan 22) initiated a “buy” rating on co-living player Coliwoo Holdings, amid rising foreigner demand in Singapore’s co-living market. As the largest co-living player in…
Read More