Posts by Liam Redmond
David Spade slams mall tree-lighting ceremony for avoiding word Christmas
David Spade slammed a mall’s tree-lighting ceremony for omitting the word “Christmas.” In the Sunday episode of Spade and Dana Carvey’s “Fly on the Wall” podcast, the 61-year-old “Grown Ups” actor called out the organizers of a Christmas tree-lighting ceremony for “consciously” avoiding any mention of the Christian holiday during the event. “I will say that Christmas is…
Read MoreSouth Korea police raid e-commerce giant Coupang over data leak
Personal information of 33.7 million customers had been leaked – almost two-thirds of the population [SEOUL] South Korean police raided the Seoul headquarters of e-commerce giant Coupang on Tuesday (Dec 9) over a recent data leak believed to have affected almost two-thirds of the country’s population. Coupang is South Korea’s most popular online shopping platform,…
Read MoreBHP strikes US$2 billion funding deal with GIP for iron ore power network
The two firms will form an entity in which BHP will hold a 51% stake and GIP the remaining 49% stake [MELBOURNE] BHP Group said on Tuesday (Dec 8) that BlackRock-owned Global Infrastructure Fund (GIP) would invest US$2 billion in Western Australia Iron Ore’s (WAIO) inland power network for a minority stake. The two firms…
Read MoreAustralia’s central bank holds rates steady, rules out further cuts
Bond yields spike to a 13-month high after governor Bullock says that price risks have ‘tilted to the upside’ [SYDNEY] Australia’s central bank governor Michele Bullock called an end to a truncated easing cycle as policymakers gauge whether a pickup in inflation requires an extended interest-rate pause or a switch to tightening. Bond yields spiked…
Read MoreSingapore-focused investors look to tech sector for growth: poll
Power and utilities ranks as second sector to draw most investments, followed by asset and wealth management [SINGAPORE] Even as the tech sector takes a beating across the world, Singapore-focused investors believe it will attract the most investment across the next three years. This view was held by nearly two-thirds of 322 Singapore-focused investors polled…
Read MoreGoogle says first AI glasses with Gemini will arrive in 2026
Samsung Electronics, Warby Parker and Gentle Monster are among its early hardware partners [NEW YORK] Alphabet’s Google said that it’s working to create two different categories of artificial intelligence (AI)-powered smart glasses to compete next year with existing models from Meta Platforms: one with screens, and another that’s audio-focused. The first AI glasses that Google…
Read MoreAster invests US$155 million to expand Singapore’s Bukom refinery capacity
[SINGAPORE] Aster Chemicals and Energy said on Tuesday (Dec 9) that it has invested US$155 million in rejuvenation projects at its Bukom refining facility, in a bid to strengthen energy supply resilience. It has committed US$75 million to revitalise a condensate splitter unit, which will increase the refinery’s crude processing capacity to more than 300,000…
Read MoreMost markets track Wall St losses amid jitters about Fed rate trajectory
Bets on a third successive cut have surged on the back of data pointing to a weakening jobs market [HONG KONG] Most stocks fell in Asia on Tuesday (Dec 9) as investors grow nervous about the US Federal Reserve’s plans for interest rates next year following an expected cut this week. With traders fully confident…
Read MoreCrypto exchange HashKey seeks up to US$215 million from Hong Kong IPO
[HONG KONG] HashKey Holdings, operator of Hong Kong’s largest licensed crypto exchange, is seeking to raise as much as HK$1.67 billion (S$279 million) through an initial public offering (IPO). The company is offering 240.6 million shares at HK$5.95 to HK$6.95 each, according to a filing to the Hong Kong stock exchange on Tuesday (Dec 9).…
Read More‘Elf’ costume worn by Will Ferrell sold for over $319,000 at English auction
The famous green and yellow elf costume donned by Will Ferrell in the holiday film “Elf” sold for over $319,000 at an auction just outside of London on Friday, alongside a swath of other props from hit movies. Propstore, an auction house based in Hertfordshire, England, featured the iconic Christmas suit donated by “Elf” producer…
Read MoreIdeas Are Cheap—Execution Wins Every Time
I’ve built companies on a simple rule: action beats intention. Ideas don’t move the needle by themselves. Execution does. If something is worth doing, start now. That’s the opinion I’m putting forward, and it’s how I run my life and my business. People often wait for the perfect plan, the perfect day, or the perfect…
Read MoreHow Ted Sarandos became the ultimate Hollywood gate-crasher
Hollywood moguls once dismissed the outsize ambitions of Netflix’s executives. “Is the Albanian army going to take over the world?” former Time Warner Chairman Jeff Bewkes asked a reporter 15 years ago. “I don’t think so.” Think again. On Friday, Netflix co-Chief Executive Ted Sarandos pulled off an audacious $82-billion deal to buy much of…
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