Posts by Liam Redmond
StanChart, Ant International launch blockchain-based tokenised deposits in Singdollar, greenback
The new solution demonstrates how businesses can use blockchain technology to make transactions faster, more secure and more efficient [SINGAPORE] Standard Chartered (StanChart) on Thursday (Dec 18) announced the launch of blockchain-based “tokenised deposits” in Singapore and US dollars for Ant International. This will enable the fintech firm to move funds in real time, 24/7,…
Read MoreDem Rep. Debbie Wasserman Schultz says Trump is larger threat to American values than Islamic jihad
Rep. Debbie Wasserman Schultz, D-Fla., suggested Tuesday that President Donald Trump was a bigger threat to the American way of life than radical Islamic jihad. Schultz brought up the president when NewsNation host Leland Vittert asked her on “On Balance” whether she believed that Islamophobia or jihad was a bigger threat to American life and…
Read MoreGold steady ahead of key US inflation data; silver near record highs
GOLD prices were steady on Thursday, supported by dovish Federal Reserve signals but restrained by a resilient dollar ahead of key US inflation data this week, while silver hovered near record highs. Spot gold was down 0.2 per cent at US$4,332.29 an ounce, as of 0256 GMT, after rising more than 1 per cent late…
Read MorePeter Arnett, Pulitzer Prize-winning Vietnam, Gulf War correspondent, dead at 91
Peter Arnett, the Pulitzer Prize-winning reporter who spent decades dodging bullets and bombs to bring the world eyewitness accounts of war from the rice paddies of Vietnam to the deserts of Iraq, has died. He was 91. Arnett, who won the 1966 Pulitzer Prize for international reporting for his Vietnam War coverage for The Associated…
Read MoreApac real assets show strength in 2025; NTT DC Reit anchors conviction by investors in data centres: report
Despite ongoing geopolitical and trade uncertainty weighing on business sentiment, conditions have improved for real estate in Apac in 2025 [SINGAPORE] Real assets were ranked as one of global markets’ strongest performers in 2025, with Asia-Pacific players spotlighted after navigating an environment tampered by shifting monetary policy, inflation and energy-transition pressures, and geopolitical risk, based…
Read MoreBP appoints Woodside’s Meg O’Neill as CEO after Auchincloss’ abrupt exit
OIL and gas major BP has appointed Meg O’Neill, the head of Australia’s Woodside Energy, as its next CEO to lead its effort to boost profits and refocus on oil and gas after a detour into renewables. O’Neill, who will take over in April following the abrupt departure of Murray Auchincloss, will become BP’s first…
Read MoreOCBC users hit by mobile and online log-in error
Subsequent checks show an error message that says OCBC is working to resolve the issue [SINGAPORE] OCBC digital users were unable to log-in to the mobile and online banking on Thursday (Dec 18) morning. About 900 outage reports were lodged on tracking site Downdetector from around 12 pm, mostly citing mobile and online banking issues.…
Read MoreEmil Heineman emerges as surprise key contributor for Islanders with big names out
With the possible exceptions of Mathieu Darche and Emil Heineman, even the most optimistic believer in the latter’s potential did not expect this sort of output when Heineman was put into the trade that sent Noah Dobson to Montreal on draft night. The 24-year-old Heineman was coming off a strong rookie year in which he’d…
Read MoreWhy China isn’t rushing to buy Nvidia’s H200 AI chip
The US is offering China Nvidia’s second-fastest AI chip, the H200, but Beijing is holding back. Behind the hesitation lies a high-stakes struggle over technology, control, and the future of domestic chips, says Lianhe Zaobao correspondent Yu Zeyuan US PRESIDENT Donald Trump’s announcement on Dec 8 easing restrictions on Nvidia’s H200 chip exports to China…
Read MorePDD, owner of Temu, fires dozens of workers after fistfight with China officials
PDD Holdings fired a government relations team in Shanghai following a fistfight between employees and Chinese regulators who were performing checks at the e-commerce company, according to people familiar with the matter. The dismissal of dozens of employees comes as PDD tries to stem the fallout from the unusual physical altercation earlier this month, which…
Read MoreHead of major NJ LGBTQ group resigns after being charged with assaulting foster son
The director of New Jersey’s most prominent LGBTQ rights group resigned after he was accused of pulling a foster child out of bed and slapping him repeatedly across the face. Christian Fuscarino, who has ties to top Dems including Gov. Phil Murphy and Gov.-elect Mikie Sherrill, was charged with child endangerment and simple assault for…
Read MoreKGI starts Ever Glory at ‘outperform’ with S$1.20 target amid high construction demand in Singapore
Its asset-light model and careful working-capital management enable disciplined expansion, says analyst [SINGAPORE] KGI Securities has initiated coverage on Ever Glory United with an “outperform” rating and a target price of S$1.20, on the back of strong order book visibility and exposure to Singapore’s infrastructure supercycle. Its development into a more “integrated platform” was observed…
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