Posts by Liam Redmond
Silver hits fresh record after trading outage, supply tightness
Its most recent surge has been supported by renewed concerns of tightness in the global market [SINGAPORE] Silver jumped to a record, reinforcing a gain of nearly 6 per cent in the previous session, when a trading outage added to ongoing supply tightness and rising expectations for an interest-rate cut in the US. The precious…
Read MoreAmy Schumer continues to flaunt stunning weight loss with son Gene in new pics
Amy Schumer is showing off her dramatic weight loss in a tiny yellow minidress. The comedian, 44, posed on a flight of carpeted stairs in Instagram pics she posted Saturday. Wearing a show-stopping Valentino lace minidress with bows on the hem and black heels, Schumer also included her 6-year-old son, Gene, in the pics. “Trying…
Read MoreMarco Polo Marine H2 profit jumps over 4 times to S$47.9 million on impairment reversals
This is attributed to a combination of stronger underlying performance and several extraordinary gains [SINGAPORE] Marco Polo Marine posted on Saturday (Nov 29) a more than four times, or 348 per cent increase, in net profit to S$47.9 million for its second half ended Sep 30, 2025, from S$10.7 million in the previous corresponding period.…
Read MoreJapanese firms scale back investment as tariff headwinds hit
Monday’s figures will be factored into revisions made to third-quarter GDP data due Dec 8 [TOKYO] Japanese businesses trimmed back their capital spending over the summer after five straight quarters of gains, in a sign of cooling corporate sentiment as higher US tariffs take a toll. Capital expenditure on goods excluding software edged down 0.3…
Read MoreLow Keng Huat controlling shareholders launch delisting offer at S$0.72 a share
The cash offer price represents a premium of 17.1% over the last transacted price of S$0.615 per share [SINGAPORE] The majority shareholders of Low Keng Huat (Singapore) (LKH) have launched a voluntary conditional general offer to take the mainboard-listed construction and property developer private at S$0.72 per share. The offer is being made through a…
Read MoreManulife US Reit proposes strategic pivot to retail, living, industrial sectors
It seeks mandates for US$350 million in divestments and US$600 million in acquisitions [SINGAPORE] Manulife US Reit is seeking unitholder approval for a growth plan that simultaneously expands its investment mandate beyond the US office sector, and authorises a disposition and acquisition mandate. In an announcement on Monday (Dec 1), the manager of the pure-play…
Read MoreNJ Senator Cory Booker, 56, marries Alexis Lewis, 38, after 3-month engagement
Senator Cory Booker is married after a whirlwind romance to Alexis Lewis, he announced Sunday. Booker, 56, shared pictures of his two wedding celebrations with Lewis, 38, on Instagram. Their first wedding celebration was an intimate courthouse affair in Newark, NJ, with their parents present. Their second celebration was held with more guests in attendance…
Read MoreDatabricks in talks to raise capital at US$134 billion valuation: report
[BENGALURU] Data analytics firm Databricks is in talks to raise US$5 billion at a valuation of US$134 billion, which is roughly 32 times this year’s expected sales of about US$4.1 billion, The Information reported on Sunday (Nov 30), citing investor documents and a source familiar with the matter. Reuters could not immediately verify the report.…
Read MoreCenturion takes 25% stake in Perth student accommodation project for A$6m
The site has obtained development approval for a 472-bed facility across 440 units [SINGAPORE] Centurion Corporation has expanded its Australian footprint into Perth, Western Australia, acquiring a 25 per cent equity interest in a 472-bed purpose-built student accommodation (PBSA) development for A$6 million (S$5.1 million). The accommodation asset manager announced on Monday (Dec 1) that…
Read MoreSouth Korea’s small-cap Kosdaq index surges on report of tax breaks
The Kospi has jumped 64% so far this year, making it one of the world’s best-performing indexes [SEOUL] South Korea’s Kosdaq Index surged after a local media report that the government is planning to roll out tax incentives and take steps to increase buying of stocks in the small-cap gauge by pension funds and other…
Read MoreSydney Sweeney dresses up a sexy dragon in ‘Shrek’-themed Friendsiving
Sydney Sweeney dressed up as a sexy version of the dragon from the 2001 animated film “Shrek” while celebrating Friendsgiving. The “Euphoria” star took to Instagram Sunday to share snaps of herself sporting a cleavage-baring red metallic bodysuit paired with matching knee-high socks, arm coverings and dragon ears. She also accessorized with black stockings and…
Read MoreRecovery in investment banking activity likely to continue into 2026 amid positive macro environment
[SINGAPORE] Improved macroeconomic conditions have led to a recovery in investment banking activity across Asean this year – and bankers expect the momentum to continue into 2026. Interest rates eased in 2025, after the US Federal Reserve cut interest rates twice in the year to date. This has lowered the cost of capital, revived confidence…
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