Posts by Liam Redmond
Cody Bellinger brings baseball’s version of four-leaf clover to Yankees
TAMPA — Cody Bellinger belongs on the Yankees, not just 1) because he has the perfect left-handed stroke for the Stadium’s short porch or 2) because he superbly plays three of the four positions the Yankees needed most. It’s that hard-to-believe Bellinger family record that makes this a perfect match. If there’s anyone as successful…
Read MoreSingapore evolves to meet commodity sector’s changing needs amid trade tensions: EnterpriseSG’s Cindy Khoo
IN A much more complex global trade environment, Singapore will focus on growing new trade flows, specialised trade expertise and technologies to meet the commodity sector’s changing needs, said Cindy Khoo, managing director of Enterprise Singapore (EnterpriseSG). In her keynote address at Commodity Trading Week Asia Pacific 2025 on Wednesday (Feb 19), Khoo emphasised that…
Read MoreFTX refunds: Temasek, BlackRock, SoftBank, Sequoia, Tom Brady, Shaquille O’Neal likely beneficiaries
AFTER more than two years of hand-wringing, creditors of bankrupt crypto exchange FTX are heaving a sigh of relief as the trading platform’s estate starts paying cash back to creditors this week. FTX reportedly owed creditors about US$11.2 billion (S$15 billion) but has between US$14.5 billion and US$16.3 billion to distribute to customers and non-governmental…
Read MoreA$AP Rocky jumps into tearful Rihanna’s arms after being found not guilty in shooting trial
A$AP Rocky was overwhelmed with excitement after receiving his not guilty verdict in his shooting trial on Tuesday, as he was seen jumping into longtime girlfriend Rihanna’s arms upon hearing the news. Video of the verdict announcement showed the “A$AP Forever” rapper — whose legal name is Rakim Athelaston Mayers — rushing over and embracing…
Read MoreUOB hits a fresh high, with Singapore’s STI reaching yet another record
At the open, the counter edges up 1.3 per cent or S$0.50 to an all-time high of S$39.15 SHARES of UOB rose to a new high on Wednesday (Feb 19) morning, after it announced the establishment of a S$3 billion capital distribution package in tandem with its fourth-quarter results. At the open, the counter edged…
Read MoreSafe-haven gold hovers near record high on Trump tariff worries
GOLD held steady near a record high on Wednesday (Feb 19), with investors closely watching US President Donald Trump’s tariff strategies that have intensified worries of a global trade war while awaiting the Federal Reserve’s January meeting minutes. Spot gold held steady at US$2,932.35 an ounce, as at 0019 GMT, moving closer to a record…
Read MoreBorrowing strain hits NAB’s Q1 profit, shares dive
NATIONAL Australia Bank, the country’s biggest business lender, said on Wednesday that first-quarter profit slipped as competition for customers ate into margins and more borrowers fell behind on repayments, sending its shares tumbling. The result amounts to what Australian banks hope is the end of a tough period dominated by rising arrears and margin sacrifices…
Read MoreChina revamps power market rules in challenge to renewables boom
CHINA’S unprecedented boom in renewable energy is facing a fresh challenge from government rules that will allow market forces to determine the price of new wind and solar power. The mandate from Jun 1 is likely to slow clean energy additions, although not enough to threaten the country’s status as the world’s biggest installer of…
Read MoreHoward Lutnick confirmed by Senate to lead Commerce Department — putting Trump picks well ahead of Biden and Obama pace
Former Wall Street executive Howard Lutnick was confirmed by the Senate Tuesday to lead the Department of Commerce under President Trump. Lutnick’s nomination was approved by senators in a 51-45 party-line vote. Four Senators, Cory Booker (D-NJ), Jerry Moran (R-Kan.), Gary Peters (D-Mich.) and Dan Sullivan (R-Alaska), missed the vote. With Lutnick’s confirmation in the…
Read MoreNorinchukin CEO plans to resign after massive bond losses
A government panel of experts has urged Norinchukin to diversify its bond-heavy portfolio and bring in more outside talent NORINCHUKIN Bank chief executive officer Kazuto Oku plans to resign to take responsibility for the Japanese lender’s massive losses from wrong-way bets on foreign bonds, according to a source familiar with the matter. Oku, 65, will…
Read MoreSingtel’s Q3 profit surges 183.4% to S$1.3 billion on exceptional gains
SINGTEL’S net profit for the third quarter ended Dec 31 climbed 183.4 per cent to S$1.3 billion from S$465 million in the same period the year before. This was mainly attributed to a net exceptional gain of S$639 million, compared to a net exceptional loss of S$94 million in the same period the previous year,…
Read MoreTrump is making Europe squirm — to force a lasting peace in Ukraine
Secretary of State Marco Rubio and a team of negotiators met Tuesday with their Russian counterparts in Riyadh, unthawing US-Russian relations in a dramatic diplomatic turnabout and kicking off talks on the war in Ukraine. Conspicuously absent were representatives from Europe. That meeting capped off a dizzying week of transatlantic diplomacy by the United States,…
Read More