Posts by Liam Redmond
Geopolitical concerns add to woes for pre-IPO activity, M&As for Chinese companies
GROWING geopolitical concerns from the trade tensions between the US and China are compounding an already-cautious outlook among investors on pre-listing activities and mergers and acquisitions (M&A) involving Chinese firms. Pictet Asset Management, for one, in November projected a renaissance in the number of initial public offerings (IPOs) from Asia this year, spurred mainly by…
Read MoreYahoo News signs up influencers with promise of shared advertising sales
YAHOO has signed up nearly 100 YouTube, TikTok and Instagram creators to draw traffic to its website, recognition that millions of people rely on social media influencers to stay informed. The online personalities are participating in a programme that Yahoo began last year. As part of a new homepage that debuted this month, Yahoo News launched a…
Read MoreSingapore shares retreat at Friday’s open; STI down 0.2%
SINGAPORE stocks declined on Friday (Feb 14) morning, despite data from the Ministry of Trade and Industry showing that the city-state’s economy grew 4.4 per cent in 2024. It announced on the same morning that Singapore’s non-oil domestic exports grew 0.2 per cent for the whole of 2024, due to higher shipments of electronic products.…
Read MoreStocks to watch: Thai Beverage, Civmec, Singapore Exchange, iFast
THE following companies saw new developments that may affect trading of their securities on Friday (Feb 14): Thai Beverage (ThaiBev): The food and drink company’s revenue grew 2.4 per cent to 92.3 billion baht (S$3.7 billion) for the first quarter ended Dec 31, 2024, compared with the year-ago period. This was driven by improved sales…
Read MoreEMT busted in 2021 NYC murder of man in botched Range Rover heist: cops
An FDNY EMT was busted Thursday in the 2021 murder of a 22-year-old Queens man who was gunned down as he sat in his Range Rover during an apparently targeted heist, cops said. Jordan Hannah, 26, who sources said was hired by the FDNY in January 2022, was busted around 9 a.m. on multiple charges…
Read MoreHow to Say ‘I’m Sorry’ at Work and Mean It
Apologizing at work can be tricky. You want to show you’re sorry without looking weak or insecure. It’s important to know when a simple ‘sorry’ is enough and when it’s better to find other ways to make amends. In this article, we’ll explore how to apologize professionally at work, ensuring your words are heartfelt and…
Read MoreMoney Talk: Why Revenue Doesn’t Equal Profit
When you’re running a business, it might seem like revenue is the ultimate goal. After all, more money coming in means you’re doing well, right? But hold up—revenue isn’t the whole picture. It’s just the starting point. You’ve got to think about all the costs that nibble away at that revenue before you can call…
Read MoreCathay Cineplexes’ rental arrears unlikely to impact FCT’s bottom line
DELAYED rental payments by cinema operator Cathay Cineplexes to its landlord Frasers Centrepoint Trust (FCT) will not significantly impact the trust’s bottom line. Nevertheless, this could indicate a “structural issue” among cinema operators facing declining attendance at cinemas and signal the consolidation of cinemas to malls with higher footfall, said analysts. Background On Jan 28,…
Read MoreMy shopping addiction had me spending $1K a month on clothes — now I’m trying to help others
Hannah Blass was spending $1,000 a month on clothes, and her life had spiraled “out of control” by the time she finally admitted she had a problem. The 29-year-old from Canada said her shopping addiction started out simply enough. She was working in fashion marketing and got sucked into a cycle of impulse buying. “My…
Read MoreExclusive | HHS splurged more than $22B on grants for migrants — including cash for cars, home loans and startup businesses
The Department of Health and Human Services (HHS) ramped up grant giveaways for migrants from 2020 to 2024 — which included cash assistance to buy cars, homes and even build credit for startup businesses, according to a shocking watchdog report that found taxpayers were left on the hook for $22.6 billion. HHS’ Office of Refugee…
Read MoreUS: Wall St opens higher after producer prices data
Wall Street’s main indexes opened higher on Thursday (Feb 13) as investors parsed the latest producer prices data, while the prospect of Russia-Ukraine peace talks spurred some risk-taking. The Dow Jones Industrial Average rose 57.4 points, or 0.13 per cent, at the open to 44,425.94. The S&P 500 rose 8.6 points, or 0.14 per cent,…
Read MoreStarbucks making changes to mobile ordering — putting an end to some drink orders
Starbucks is implementing yet another change in 2025 — this time to its mobile ordering system. In an attempt to speed up service, the coffee company is decreasing the number of maximum number of items customers can order online from 15 to 12, Starbucks confirmed to TODAY. Users on the Starbucks app and website will…
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