Posts by Liam Redmond
Gold tops US$4,500, silver and platinum hit records in metal markets frenzy
Gold surges more than 70% this year, driven by safe-haven demand, de-dollarisation trends, central bank buying and others [BENGALURU] Gold surged past US$4,500 per ounce for the first time on Wednesday (Dec 24), while silver and platinum also hit record highs. This comes as investors piled into precious metals to hedge against geopolitical and trade…
Read MoreGrab rides to cost S$0.30 more from Jan 1 with platform fee hike
[SINGAPORE] Singapore’s largest ride-hailing firm Grab will be increasing its platform fee by S$0.30 come Jan 1, 2026. Passengers will then pay S$1.20, up from the current S$0.90, the firm said in an e-mail announcement on Wednesday (Dec 24). The hike in “platform and partner fees” will support upcoming updates to drivers’ CPF contribution rates…
Read MoreCBS didn’t include White House statement about Angel Parents in CECOT segment on ‘60 Minutes’
The White House sent CBS a statement that it did not use for the “60 Minutes” CECOT segment that was delayed by network editor-in-chief Bari Weiss, in which it called on the show to amplify stories of Angel Parents. “As ’60 Minutes’ finalized its ‘Inside CECOT’ report last Thursday, CBS sent the White House a request for…
Read MoreBP to sell 65% stake in Castrol to Stonepeak for US$6 billion
The sale proceeds, which include US$800 million for accelerated dividend payments, will be used to reduce debt [LONDON] BP said on Wednesday (Dec 24) that it had agreed to sell a 65 per cent stake in Castrol to investment firm Stonepeak for about US$6 billion, in a deal that values the oil major’s lubricants unit…
Read MoreSanofi to buy Dynavax for US$2.2 billion to add shingles vaccine
[PARIS] Sanofi agreed to buy Dynavax Technologies for about US$2.2 billion to expand its vaccines business with a shot for hepatitis B and an experimental shingles inoculation. Sanofi will pay US$15.50 a share in cash for the Emeryville, California-based company, according to a statement on Wednesday (Dec 24). The price is 39% above Tuesday’s closing…
Read MoreTatyana Remley: California Socialite Who Hired Hitman to Kill Husband Spoke About Launching OnlyFans and Suicidal Thoughts Before Taking Her Own Life
A California socialite who allegedly plotted to have her husband killed spoke in a disjointed final social media post, touching on past suicide attempts and joking about starting an OnlyFans account, just months before she took her own life. Tatyana Remley, 44, died Thursday night from a self-inflicted gunshot wound outside a San Diego bar,…
Read MoreNam Cheong sells vessel for US$20.5 million to Vietnam firm
The sale is expected to contribute positively to the group’s earnings for the financial year ending 2025 [SINGAPORE] Malaysian offshore support vessel builder Nam Cheong will sell a 4,000 deadweight tonnage platform supply vessel for US$20.5 million to a Vietnam-based offshore and marine group. The vessel is scheduled for delivery in December 2025 and the…
Read MoreRead the heartbreaking Christmas card NASCAR legend Greg Biffle sent just before family died in plane crash
Friends and relatives of NASCAR legend Greg Biffle have begun receiving his family’s Christmas cards that were mailed shortly before a horrific plane crash killed him, his wife and kids, according to a heart-crushing post. Biffle, his wife, their two children and three friends were all killed when their private jet crashed in North Carolina…
Read MoreChina’s CNOOC makes second big oil find in Bohai Sea
[BEIJING] China’s oil major CNOOC Limited said on Wednesday (Dec 24) it has discovered an oilfield with proved in-place volumes exceeding 100 million tons of oil equivalent in its second big find in the central Bohai Sea. The discovery in a shallow slope zone highlights “considerable exploration potential” for other similar zones, which have typically…
Read MoreHugh Jackman tours Midwest, meets fans for ‘Song Sung Blue’
“Marty Supreme” isn’t the only Christmas Day movie opening with marketing chops. While the Timothée Chalamet film has been a viral hit with the cool kids, Hugh Jackman and Kate Hudson’s “Song Sung Blue” has been courting America with a grassroots campaign. Jackman and Hudson play a pair of hometown heroes in the movie, and…
Read MoreAnna Kepner’s family’s ‘damage control’ texts sent after her death reveal desperation to protect her stepbrother
Texts sent by Anna Kepner’s distraught family after she was found dead on a Carnival cruise last month provide a rare insight into her stepmother’s initial desperation to protect her son — the primary FBI “suspect” in her death. Anna, 18, was killed in the cruise ship cabin she shared with her 16-year-old stepbrother and…
Read MoreSingapore stocks end slightly lower before festive break; STI down 0.06%
Meanwhile, the iEdge Singapore Next 50 Index rises 0.1% or 1.61 points to 1,448.61 [SINGAPORE] Singapore shares ended slightly lower on Wednesday (Dec 24) before investors took a break for Christmas, even as Wall Street closed higher on the back of a strong growth forecast for the US. The benchmark Straits Times Index (STI) slipped…
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