Posts by Liam Redmond
Divorce Goes Digital: New Ways to Split Without Drama
In today’s tech-driven world, even divorce is getting a digital makeover. Gone are the days of lengthy court battles and endless paperwork. Now, online divorce offers a simpler, less stressful way to part ways. With just a few clicks, you can start the process from the comfort of your own home. But how does it…
Read MoreSingapore shares rise on fading tariff concerns; STI up 0.4%
Across the broader market, gainers beat decliners 352 to 186 as 1.3 billion securities worth S$1.1 billion change hands BUOYED by fading concern about the economic threat posed by US President Donald Trump’s tariffs along with an overnight Wall Street rally, Singapore shares closed higher on Thursday (Feb 6). The Republic’s blue-chip barometer, the Straits…
Read MoreSingapore shares rise as tariff concerns fade; STI up 0.4%
Across the broader market, gainers beat losers 352 to 186, after 1.3 billion securities worth S$1.1 billion change hands BUOYED by fading concerns about the economic threat posed by US President Donald Trump’s tariffs along with an overnight Wall Street rally, Singapore shares closed higher on Thursday (Feb 6). The benchmark Straits Times Index (STI)…
Read MoreUS Federal Reserve releases its Wall Street bank stress-test plans
THE US Federal Reserve released hypothetical scenarios for its annual stress tests, which seek to evaluate the resilience of big banks and ensure they can keep lending even in a severe recession. This year, 22 banks will be tested against a global recession with heightened stress in both commercial and residential real estate markets, in…
Read MoreTransgender ‘recognition’ in Bangladesh, Kosovo, Guatemala — how one USAID employee shows what’s wrong with the embattled agency
In the annals of asinine USAID funding now bursting into public view under Trump administration scrutiny, the $50-billion-a-year United States Agency for International Development’s efforts to make the world safe for Queerocracy ring particularly perverse. For a window into these most colorful of efforts, consider the cool million bucks you the taxpayer committed in an…
Read MoreGoogle introduces new class of cheap AI models as cost concerns intensify
The tech giant offers several versions of Gemini that vary in price and performance ALPHABET’S Google on Wednesday (Feb 5) announced updates to its Gemini family of large language models, including a new product line with competitive pricing to low-cost artificial intelligence (AI) models such as that of Chinese rival DeepSeek. The tech giant offers…
Read MoreCapitaLand China Trust’s H2 DPU falls 12% to S$0.0264
THE manager of CapitaLand China Trust (CLCT) on Thursday (Feb 6) posted a 12 per cent decline in distribution per unit (DPU) to S$0.0264 for the second half ended Dec 31, from S$0.03 in the year-ago period. This brings total DPU for FY2024 to S$0.0565, down 16.2 per cent year on year from S$0.0674, and…
Read MoreSonos cuts 12% of workers in bid to improve product organisation
Sonos said it’s cutting about 12 per cent of its staff, or 200 workers, in a bid to make its product teams “flatter, smaller and more focused”. Santa Barbara, California-based Sonos, maker of high-end speakers and audio equipment, announced the cuts on Wednesday (Feb 5) in a companywide call, saying that employees will be informed…
Read MoreStocks to watch: SGX, CLCT, CapitaLand China Trust, Frasers Hospitality Trust
THE following companies saw new developments that may affect trading of their securities on Thursday (Feb 6): Singapore Exchange: The local bourse’s net profit for the first half ended December rose 20.7 per cent to S$340 million, from S$281.6 million in the previous corresponding period. The increase in bottom line was partly driven by the…
Read MoreSGX’s H1 net profit rises 20.7% to S$340 million following high growth in all revenue segments
THE Singapore Exchange (SGX) on Thursday (Feb 6) posted a net profit of S$340 million for the first half ended December, up 20.7 per cent from S$281.6 million in the previous corresponding period. Earnings before interest, taxes, depreciation and amortisation (Ebitda) for H1 grew 23.4 per cent on the year to S$425.3 million. Earnings per…
Read MoreNew Orleans ramps up security as 120,000 visitors descend on city for Super Bowl just weeks after terror attack
After a New Year’s Day terror attack struck New Orleans’ historic French Quarter, city officials say they are confident in the security plans they have in place for Sunday’s Super Bowl. More than 125,000 visitors — including President Donald Trump — are expected to converge on the Big Easy this week for days of revelry capped off by the clash between the…
Read MoreSoftBank nears deal to acquire chip designer Ampere
SOFTBANK Group is in advanced talks to acquire Ampere Computing, sources familiar with the matter said. The Japanese company is discussing a deal that could value the Oracle-backed chip designer at about US$6.5 billion, including debt, according to the sources. A transaction may be announced in the coming weeks, they said. Bloomberg News reported…
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