Posts by Liam Redmond
Bank of Singapore to invest in hiring, tech to boost assets, CEO says
[SINGAPORE] Bank of Singapore plans more investment in hiring and technology as it aims to climb into Asia’s top five private banks within five years after assets under management rose nearly 20 per cent to exceed US$145 billion in the third quarter, chief executive Jason Moo said. Asia’s wealth surge anchors the push. Global high-net-worth…
Read MoreHow India’s rupee ended up as Asia’s worst currency this year
To stabilise the rupee, India’s central bank has sold over US$30b in FX assets since late July [MUMBAI] The Indian rupee is currently Asia’s worst-performing currency of 2025. It is also on track for its largest annual decline since 2022 – the year Russia’s invasion of Ukraine sent oil prices soaring past US$100 per barrel,…
Read MoreDear Abby: I don’t want to see my son during my vacation
DEAR ABBY: My husband and I married 20 years ago. We have a blended family of eight kids, but it’s just us now. Our kids are scattered across the country. Over all these 20 years, we have never taken a vacation just for us. We have always visited family. Now, after scrimping, saving and planning,…
Read MoreBankers groan at UK tax rise even as lenders rally after budget
New tax rates for dividends, property and savings income and a decision to tinker with the treatment of cash savings accounts added to the gloom [LONDON] While some bank stocks rallied to their highest levels in 17 years, financiers were stewing over how they’ll be personally affected by Chancellor of the Exchequer Rachel Reeves’ moves…
Read MoreVirginia football coach Travis Turner wanted for child sex charges was on paid leave days after he fled police
Fugitive football coach Travis Turner was still being paid by his Virginia high school employer days after he fled from cops seeking to question him over alleged child sex crimes. The alarming news comes as it becomes clear Turner also taught classes at Union High School in Big Stone Gap, and would have had regular…
Read MoreAlibaba starts selling Quark AI glasses in China, enters global wearables race
[SHANGHAI] Alibaba released on Thursday (Nov 27) its new Quark artificial intelligence (AI) glasses in China, heralding the Chinese tech company’s efforts to break into the AI wearables market dominated by Meta globally. Prices will start from 1,899 yuan (S$347.84) for the headset that will be powered by Alibaba’s Qwen AI model and app. Unlike…
Read MoreOne of two National Guard members shot in DC ID’d as Andrew Wolfe
One of the two West Virgnia National Guard members shot in a violent ambush on Wednesday afternoon has been identified as Andrew Wolfe, according to his former high school. “Our Applemen community is deeply saddened to learn that Musselman High School alumnus, Andrew Wolfe, was one of the National Guardsmen injured in the shooting in…
Read MoreSuper Dry maker Asahi aims to restore logistics by February following cyberattack
[TOKYO] Japan’s Asahi Group on Thursday said it aims to normalise logistical operations by February after a cyberattack in late September forced widespread suspension, though not all products will be available to ship by that time. The beverage maker, known for its flagship Super Dry beer, also said the personal details of 1.52 million customers…
Read MoreMets reunite with pitcher Robert Stock, who reveals why he can help despite ‘limited MLB success’
One well-traveled pitcher believes his stock is only rising in his return to the Mets organization Right-hander Robert Stock, who inked a minor league pact this week that included an invite to spring training, is back with the Mets nearly five years after he last suited up for the team. Stock, 36, sports a bloated…
Read MoreChina’s Anta Sports is said to explore potential bid for Puma
[HONG KONG] Chinese sports apparel company Anta Sports Products is among firms exploring a potential takeover of Puma, according to sources familiar with the matter. Hong Kong-listed Anta has been working with an adviser to evaluate a bid for Puma, said the sources, who asked not to be identified because the information is private. The…
Read MoreAsian stocks track latest Wall Street rally as rate bets rise
ASIAN markets rose again on Thursday to extend the week’s global rally as traders ramp up bets on a third successive US interest rate cut next month. With recent worries over stretched valuations appearing to be on the back burner for now, confidence continues to flow through trading floors, boosting riskier assets including bitcoin. Comments…
Read MoreTaiwan raids former TSMC exec’s home in trade secrets probe
[TAIPEI] Taiwan prosecutors said on Thursday (Nov 27) investigators had raided the homes of a former senior TSMC executive and seized computers after the company accused him of leaking trade secrets, something his current employer Intel has denied. TSMC, the world’s largest contract chipmaker and major supplier to companies including Nvidia, said on Tuesday it…
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