Posts by Liam Redmond
Singapore shares end Wednesday higher on UOB results, Budget news; STI up 0.2%
The bank’s Q4 profit of of S$1.52 billion beat analysts’ consensus forecast S$1.48 billion SINGAPORE stocks closed higher on Wednesday (Feb 19), as investors digested company earnings reports and the country’s Budget 2025 announcements. The Straits Times Index (STI) rose 8.48 points or 0.2 per cent to 3,934.04, below the record 3,943.23 that the index…
Read MoreSingapore stocks end Wednesday higher on UOB earnings, Budget news; STI adds 0.2%
The bank’s Q4 profit of of S$1.52 billion beat analysts’ consensus forecast S$1.48 billion SINGAPORE equities closed higher on Wednesday (Feb 19), as investors digested company earnings reports and the country’s Budget 2025 announcements. On the Singapore Exchange, decliners beat advancers 269 to 254, as 1.4 billion securities worth S$1.5 billion changed hands. The Straits…
Read MoreUnited Hampshire US Reit declares 4.2% lower H2 DPU of US$0.0205
UNITED Hampshire US Real Estate Investment Trust’s (Reit) distribution per unit (DPU) for the half year ended Dec 31, 2024, fell to US$0.0205, down 4.2 per cent from US$0.0214 over the same period a year earlier. Revenue rose 0.4 per cent to US$36.4 million for the half-year, from US$36.2 million in the year-ago period. This…
Read MoreHSBC expects cost-cutting drive to hit less than 8% of global headcount
HSBC chief executive officer Georges Elhedery has said that the impact on the bank’s global headcount arising from its drive to cut costs is likely to be under 8 per cent, as it focuses on generating 8 per cent in savings from salaries. He said at a media conference call after the bank unveiled its…
Read MoreHSBC, on cost-cutting drive, expects hit to global headcount to be under 8%
HSBC chief executive officer Georges Elhedery has said that the impact on the bank’s global headcount arising from its drive to cut costs is likely to be under 8 per cent, as it focuses on generating 8 per cent in savings. He said at a media conference call after the bank unveiled its earnings on…
Read MoreColumbine High School shooting survivor dies nearly 26 years after massacre
Anne Marie Hochhalter, who was shot and paralyzed in the Columbine High School mass shooting in 1999, died on Sunday of natural causes, Fox News Digital has learned. She was 43. Hochhalter, one of 23 people who were injured and survived the Littleton, Colorado, massacre, was confined to a wheelchair for the remainder of her…
Read MoreFormer US Open champ Emma Raducanu left in tears after she’s approached by ‘fixated’ man in scary on-court moment
Former US Open champion Emma Raducanu was reduced to tears after she spotted a man who showed “fixated behavior” toward her during Tuesday’s match in Dubai The 22-year-old appeared visibly rattled at the start of her second-round match against Karolina Muchova at the Dubai Tennis Championships, prompting her to abruptly stop play in the first…
Read MoreChina, India natural gas imports will impact Apac prices: panellists
ASIA-PACIFIC should keep an eye on natural gas imports by China and India, whose ongoing pipeline projects will heavily affect regional gas pricing, said panellists at Commodity Trading Week Apac 2025 on Wednesday (Feb 19). This is especially so for Japan, South Korea and Australia as they are heavily dependent on liquified natural gas (LNG)…
Read MoreUOB proposes special dividend, share buyback programme as it unveils long-awaited capital return plans
The bank’s disciplined approach of pursuing long-term growth with stability has served it well, says CEO UOB’s board has announced a S$3 billion package to distribute surplus capital over the next three years, as it aims to bring down excess capital. The lender is proposing a special dividend of S$0.50 per share – paying out…
Read MoreReits, banks and grocers: Potential winners from Budget 2025 measures
LONG-TERM plans to spur growth, and tax rebates and incentives for certain companies – these were among the highlights of Singapore’s Budget 2025 statement delivered by Prime Minister and Finance Minister Lawrence Wong on Tuesday (Feb 18). Ahead of the nation’s 60th birthday, Budget 2025 tackled immediate and long-term issues faced by Singapore. These ranged…
Read MoreSpike in end-of-life brain activity could be evidence of ‘soul’ leaving the body, expert says
A flair of energy in the brain in a dying patient who had “no blood pressure” or “heart rate” could be evidence of the “soul leaving the body” after death, according to an expert. Dr. Stuart Hameroff, an anesthesiologist and professor of anesthesiology and psychology, said a recent study monitoring a clinically dead patient’s brain…
Read MoreChris Kreider could get chance to play vs. Canada in 4 Nations final
BOSTON — Chris Kreider has never been one to think or talk in hypotheticals. Not even having one of the largest circuses of cameras and reporters huddled around his podium Tuesday, after he scored a goal in his 4 Nations Face-Off debut in Team USA’s loss to Sweden on Monday night, could get the longest-tenured…
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