Posts by Liam Redmond
Scarce landed housing land will entice developers hungry to serve aspiring landed home buyers.
The group’s undervalued share price is unwarranted, given its rare landed housing land bank [SINGAPORE] Many affluent Singaporeans aspire to live in private landed homes, the purchase of which is generally restricted to Singapore citizens. Between the fourth quarter of 2019 and Q4 2025, partly driven by the need for more space in the wake…
Read MoreWoman seen on video allegedly blocking Minnesota ICE operation with car as agitators surround agents
Less than a week after 37-year-old Renee Nicole Good was fatally shot while allegedly blocking an ICE operation in Minneapolis, another woman was seen on video blocking a Minnesota road with her vehicle as anti-ICE agitators gathered in support. Video showed federal agents on Tuesday breaking the passenger side window of the car while attempting to stop the female…
Read MoreLuxury retailer Saks Global files bankruptcy after turnaround fails
US$1 billion debtor-in-possession financing, pending court approval, will fund Saks’ operations and turnaround [NEW YORK] Saks Global Enterprises filed for bankruptcy to address mounting losses and a substantial debt load that has weighed down the iconic luxury retailer. The company, which operates its Saks Fifth Avenue stores along with Bergdorf Goodman and Neiman Marcus, entered…
Read MoreAt least 32 killed after crane falls on train in Thailand
[BANGKOK] A train derailed in northeastern Thailand on Wednesday (Jan 14) after a construction crane fell on three of its carriages, killing at least 32 people and injuring more than 60, police said. The accident took place on Wednesday morning in the Sikhio district of Nakhon Ratchasima province, 230 km northeast of Bangkok, on a…
Read MoreAt least 25 killed after crane falls on train in Thailand
[BANGKOK] A train derailed in northeastern Thailand on Wednesday (Jan 14) after a construction crane fell on three of its carriages, killing at least 25 people and injuring about 80, police said. The accident took place on Wednesday morning in the Sikhio district of Nakhon Ratchasima province, 230 km northeast of Bangkok, on a train…
Read MoreVance to meet Danish and Greenlandic officials in Washington as locals say Greenland is not for sale
Along the narrow, snow-covered main street in Greenland’s capital, international journalists and camera crews stop passersby every few meters (feet), asking them for their thoughts on a crisis which Denmark’s prime minister has warned could potentially trigger the end of NATO. Greenland is at the center of a geopolitical storm as US President Donald Trump…
Read MoreChina tightens margin financing requirements to cool red-hot stock market
[BEIJING/SHANGHAI] Chinese stock exchanges on Wednesday (Jan 14) tightened margin requirements in a surprise move to cool a red-hot stock market, after onshore turnover and leverage bets hit records. China stocks, which rose more than 1 per cent in morning trade, erased gains in early afternoon after the announcement. In separate statements, bourses in Shanghai,…
Read MoreFlorida Republican Rep. Neal Dunn announces retirement from Congress after five terms
Rep. Neal Dunn, R-Fla., announced Tuesday that he will not seek re-election, saying in a statement that he plans to step away from Congress after five terms. Dunn, a physician and Army surgeon, said he wanted to “pass the torch to new conservative leaders, return home to Panama City, and spend more precious time with…
Read MoreYZJ Maritime invests in 16 new vessels amid maritime asset portfolio expansion push
[SINGAPORE] Maritime financial solutions provider Yangzijiang Maritime (YZJ Maritime) on Wednesday (Jan 14) announced that it placed newbuilding orders with three Chinese shipyards for a total of 16 vessels. It comprises six firm orders with an option for another 10 vessels. A newbuilding order refers to a formal contract placed by a shipowner with a shipyard to construct an…
Read MoreNick Reiner’s ex-lawyer discusses dramatically dropping the case and reveals moment he heard of brutal murders
Nick Reiner’s former attorney, Alan Jackson, “dropped everything” to work on the troubled son’s double murder case — blasting claims he stepped away from the gig for monetary reasons in a podcast appearance on Monday. Jackson was in New York when he got a phone call in the “very early hours of Dec. 15,” that…
Read MoreMaybank initiates ‘buy’ coverage on Soon Hock with S$0.75 target
[SINGAPORE] Maybank Research has initiated coverage on industrial real estate specialist Soon Hock Enterprise with a target price of S$0.75, citing strong visible earnings from its development pipeline and a strengthening manufacturing sector. The target price represents a potential upside of about 20 per cent from the counter’s closing price of S$0.63 on Tuesday (Jan…
Read MoreBillionaire Bill Ackman defends controversial $10K donation to ICE agent who fatally shot Renee Nicole Good
Billionaire Bill Ackman doubled down on his decision to leave a $10,000 donation on a GoFundMe campaign supporting the federal immigration agent who shot and killed anti-ICE activist Renee Nicole Good — but admitted he didn’t “do any due diligence on the case” before seeking out the fundraiser. Ackman, 59, openly admitted to leaving the…
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