Posts by Liam Redmond
Singapore banks court younger customers as more climb wealth ladder
Banks report younger customers are investing sooner, with more progressing into affluent wealth tiers [SINGAPORE] More younger customers are moving up the wealth ladder as they start investing sooner, prompting Singapore banks to court them earlier in their financial journeys. Greater financial literacy and easier access to investing are driving this shift, with young adults…
Read MoreTrump says Canada’s Bombardier cannot sell in US unless it builds there
Published Tue, Sep 8, 2026 · 06:28 AM US PRESIDENT Donald Trump said on Monday (Aug 7) that Canadian private jet maker Bombardier would no longer be allowed to sell its planes in the United States unless it started manufacturing in the country. “NO MORE SELLING BOMBARDIER IN THE UNITED STATES! Their products aren’t good…
Read MoreEuropean shares subdued as surging crude sharpens focus on ECB rate path
Published Tue, Sep 8, 2026 · 05:45 AM EUROPEAN shares closed flat on Monday (Sep 7) as rising oil prices following renewed US-Iran tensions fuelled inflation worries, offsetting stronger-than-expected euro zone economic data. The pan-European Stoxx 600 ended at 649.9 points. The Swiss main index dropped 0.8 per cent. Heavyweight Novartis fell 3.2 per cent…
Read MoreWill Sarah Khalifa Be Spared? Gorgeous TV Host Sentenced to Death for Drug Trafficking Makes Desperate Plea
A glamorous Egyptian TV presenter sentenced to death for allegedly running a drug trafficking operation is preparing to appeal the verdict as she makes a desperate plea to stop her execution. “Mission Impossible” host Sarah Khalifa, 39, was one of 12 people sentenced in Cairo, Egypt, Saturday. The glamorous TV host insisted she had no…
Read MoreWhy Was a 6-Foot Iguana Sent Through FedEx? What Happened When Titan Jumped Out of the Box
A routine package pickup in Memphis turned into a chaotic reptile chase, when a 6-foot iguana named Titan suddenly jumped out of his shipping container and sprinted behind the counter at a FedEx location, startling employees and customers. The July 17 incident is back in the spotlight after The Cool Down revisited the viral footage…
Read MoreVolkswagen finds defence future for German plant amid major overhaul
Labour officials say the move could preserve about 1,400 of the site’s 1,800 jobs. Published Mon, Sep 7, 2026 · 11:18 PM [OSNABRUECK, Germany] Volkswagen on Monday (Sep 7) struck a preliminary deal that will see one of its German sites switch to defence production, a first in the automaker’s efforts to restructure plants struggling…
Read MoreNew Huawei device is China’s answer to foldable iPhone
Published Mon, Sep 7, 2026 · 10:18 PM [BEIJING] Huawei Technologies and Xiaomi are raising the stakes in China’s smartphone arena just days before Apple’s first foray into the foldable category. Huawei on Monday unveiled the latest edition of its ultra-premium trifold device, the Mate XT 2, which has two folding mechanisms. A successor to…
Read MoreYen hits seven-month high; dollar soft ahead of US inflation
Published Mon, Sep 7, 2026 · 09:07 PM [SINGAPORE/LONDON] The yen surged to a seven-month high on Monday (Sep 7), as traders appeared to reassess their outlook on the embattled currency, thanks to a combination of factors including bets on faster Bank of Japan tightening and expectations that Japanese investors may shift funds home. The…
Read MoreShein’s value down US$5 billion, among HK’s worst post-IPO weeks
The fall underscores investor concerns over the fast-fashion retailer’s growth outlook Published Mon, Sep 7, 2026 · 06:50 PM [HONG KONG] Shein Global Holdings has lost about US$5 billion in market value since its initial public offering as it finished one of the worst opening weeks after a major Hong Kong listing, underscoring investor concerns…
Read MoreSingapore stocks fall on Monday; STI down 0.2%
Published Mon, Sep 7, 2026 · 06:45 PM [SINGAPORE] Singapore stocks ended lower on Monday (Sep 7). The benchmark Straits Times Index (STI) lost 0.2 per cent or 9.68 points to finish at 5,792.28. Sats led the gainers on Singapore’s blue-chip index, rising 2.3 per cent or S$0.09 to S$3.97. The worst performer among STI…
Read MoreMarco Polo Marine inks agreement for S$139 million RTO of Fuji Offset Plates Manufacturing
The consideration will be satisfied through the issuance of new ordinary shares at S$0.701 per share [SINGAPORE] Marco Polo Marine has inked a conditional sale and purchase agreement with Catalist-listed Fuji Offset Plates Manufacturing for the proposed reverse takeover of its shipyard business, valued at up to S$139 million. The announcement on Monday (Sep 7)…
Read MoreGoogle, Cathay Pacific use AI to tackle aviation’s top climate headache
The solution mitigates the warming effects of contrails by adjusting flight paths Published Mon, Sep 7, 2026 · 05:07 PM ALPHABET’S Google and Cathay Pacific Airways are putting artificial intelligence to work on one of the aviation industry’s most visible but least-addressed climate problems. Contrails, the crisp white condensation plumes that often trail aircraft flying…
Read More