Posts by Liam Redmond
Porsche sales slump most in 16 years on poor China demand
Its sales are down 26% as the nation’s economic slowdown hit consumers across all income brackets [BERLIN] Porsche’s deliveries fell 10 per cent last year, following weak demand for electric vehicles (EVs) and a slump in China. This is the steepest drop since 2009, when the global financial crisis roiled the markets. The Volkswagen luxury…
Read MoreChina clamps down on high-speed traders, removing servers
The move shows that officials are focused on levelling the playing field for investors and ensuring market stability [SHANGHAI] China is pulling the plug on a key advantage held by high-frequency traders, removing servers dedicated to those firms out of local exchanges’ data centres, according to people familiar with the matter. Commodities futures exchanges in…
Read MoreDear Abby: My husband and I haven’t had sex in four years
DEAR ABBY: I am a senior woman in great shape. I am active, and I have never had a problem attracting men. Five years ago, I married a man I had known for many years. We used to have a pretty active sex life, but it has been four years since he has touched me…
Read MoreK-pop, Chinese games to drive Asia tech sector growth: Macquarie
[SINGAPORE] 2026 is poised to be a boom year for the Asian Internet sector, as companies pivot from consolidation to aggressive monetisation and ecosystem integration. The resurgence follows two challenging years of model building and infrastructure catch-up against Western competitors, analysts from Macquarie noted in a report released recently. The research firm identified 13 top…
Read MorePrince William and Kate Middleton’s latest high-profile hire linked to fear over Prince Harry, Meghan Markle’s UK return
Prince William and Kate Middleton’s decision to hire a crisis management expert was reportedly done to get ahead of Prince Harry and Meghan Markle’s potential return to the UK. The Prince and Princess of Wales recently hired Liza Ravenscroft, who has a background in crisis management, the Mail on Sunday reported last week. Although the…
Read MoreAsian shares near record high on AI optimism, dollar up on receding Fed cut bets
[SINGAPORE] Asian stocks advanced on Friday as the artificial intelligence boom regained momentum, while the dollar held near a six-week high after upbeat US economic data left traders trimming bets on rate cuts there. Oil prices were nursing losses and safe-haven gold and silver fell after US President Donald Trump adopted a wait-and-see posture towards…
Read MoreNew SID platform for listcos’ board chairs to support Singapore equities market uplift
[SINGAPORE] Board chairs of companies listed on the Singapore Exchange (SGX) will now be able to tap a professional community and access expert insights and networking opportunities. Launched on Friday (Jan 16) by the Singapore Institute of Directors (SID), the platform known as the SID Chairpersons Guild also complements the national effort to strengthen the…
Read MoreThis 50% off all-in-one Ninja is the fix for cookware drawer madness
New York Post may be compensated and/or receive an affiliate commission if you click or buy through our links. Featured pricing is subject to change. Every once in a while, a kitchen product shows me that there really are cookware designers out there who actually…cook. They know the pain of juggling too many pans, too…
Read MoreEuropean shares extend record run on technology, financial gains
EUROPEAN shares scaled a new record high on Thursday, boosted by technology and financial stocks as investors assessed several positive earnings updates and signs of resilience in the German economy. The pan-European Stoxx 600 advanced 0.5 per cent to 614.57 points. Technology stocks gained 2.3 per cent and hovered at levels last seen in 2000, while financial…
Read More‘The View’s Whoopi Goldberg fires back at Trump’s threat to invoke the Insurrection Act in Minneapolis: “Protesting is not an insurrection”
Whoopi Goldberg is sounding off on President Donald Trump for threatening to invoke the Insurrection Act on “peaceful” protesters in Minneapolis. Following a second shooting by an ICE officer in Minneapolis—the first took the life of American citizen Renee Nicole Good last week—crowds gathered to protest the administration’s strict immigration policies. As tensions continued to…
Read MoreGoldman Sachs’ profit rises on dealmaking, trading strength
Its profit attributable to common shareholders rises to US$4.4 billion in Q4, from US$3.9 billion a year before [BENGALURU/NEW YORK] Goldman Sachs’ profit rose in the fourth quarter, fuelled by dealmaking, stronger trading revenues in a turbulent market and a one-time gain from exiting its credit card partnership with Apple. The bank’s equity traders capitalised on volatility and…
Read MoreMaersk to return to Red Sea as stability improves in region
The opening of one of the world’s busiest transport bottlenecks is set to pressure profit margins amid an oversupply of vessels [OSLO] Danish shipping company Maersk will return to sailing regularly through the Suez Canal this month, as the security situation improves in the Middle East. The voyage marks another step towards normalisation of global…
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