Posts by Liam Redmond
US: Wall Street opens higher following Friday’s dramatic selloff
Published Mon, Aug 4, 2025 · 09:46 PM WALL Street’s main indexes opened higher on Monday (Aug 4) after a sharp pullback in the previous session, as markets priced in prospects of deeper rate cuts by the Federal Reserve following a surprisingly soft jobs report. The Dow Jones Industrial Average rose 135.4 points, or 0.31…
Read MoreStream It Or Skip It: ‘The Infernal Machine’ on Paramount+, a wackadoo thriller starring Guy Pearce as a troubled recluse
Interesting career, Guy Pearce – after L.A. Confidential and Memento, he seemed primed for a pile of Oscar noms and fat-paycheck Hollywood roles. But good on him for taking a more unpredictable path, carving out a place as a character actor in oddball productions instead of trying to be the next Tom Cruise or whatever…
Read MorePete Alonso snaps 0-fer slump with home run in Mets’ loss
Pete Alonso has been a part of the offensive malaise the Mets have been stuck in, with the first baseman having entered Friday’s series opener against the Giants stuck in an 0-for-17 skid. But Alonso sparked the Mets lineup in the seventh inning of a 4-3, 10-inning loss at Citi Field. After striking out in…
Read MoreBrunei tweaks Bridgewater bet to a lucrative 20% stake in firm
Published Sat, Aug 2, 2025 · 12:30 PM [NEW YORK] Brunei’s sovereign wealth fund pulled money from an investment in a Bridgewater Associates strategy to buy an almost 20 per cent stake in the hedge fund manager’s holding company, a move that has helped spur higher gains for other institutional investors. The Brunei Investment Agency…
Read MoreChina polysilicon firms plan 50 billion yuan fund to shut a third of industry capacity
[BEIJING] Chinese producers of polysilicon, a building block for solar panels, are in talks to create a 50 billion yuan (S$8.9 billion) fund to acquire and shut down roughly a third of production capacity and restructure part of the loss-making sector, GCL Technology Holdings said. The top polysilicon producer said on Thursday (Jul 31) that…
Read MoreBarclays says credit liquidity premium gone as e-trading thrives
This premium has shrunk as electronic credit trading has boomed, bringing more liquidity to the market, according to the report Published Sat, Aug 2, 2025 · 10:52 AM [NEW YORK] The additional compensation investors demand to own tougher-to-sell investment-grade bonds has vanished, thanks to a boom in electronic and portfolio trading, according to Barclays. The…
Read MoreBarclays latest British lender to quit climate banking alliance
The NZBA lists more than 100 members on its website, including leading international financial institutions Published Sat, Aug 2, 2025 · 09:36 AM [LONDON] Barclays has become the latest British lender to quit the Net Zero Banking Alliance (NZBA), the bank said on Friday (Aug 1), arguing that the departure of several global lenders has…
Read MoreOklahoma requires ‘America First’ certification test for teachers fleeing blue states
Oklahoma will be the first state to require teachers from liberal-leaning states to take a test to show they align with Oklahoma’s curriculum standards. The state’s Superintendent, Ryan Walters, told Fox News Digital that next week he plans to release a new certification test for teachers moving into the state from blue states. “We offered the largest…
Read MoreAsian Markets Tumble After Trump’s Tariffs Announcement; Investors Watch US. Jobs Report Closely
Investors felt the jitters as Asian markets dropped on Friday after U.S. President Donald Trump signed an executive order imposing tariffs ranging between 10% and 41% on imports from countries such as India, Taiwan, Thailand, South Korea, and Turkey. South Korea’s KOSPI dropped 3%, Taiwan’s TWII slipped 0.9% to its lowest in two months, Japan’s…
Read MoreGenting Singapore sees another leadership shuffle with new COO and CFO appointments
[SINGAPORE] Genting Singapore chief financial officer (CFO) Lee Shi Ruh has been appointed president and chief operating officer (COO), filling a position that had been vacant for three years. The role was last held by former president and COO Tan Hee Teck, who was promoted to chief executive officer in May 2022. Lee has now…
Read More11 Best New Shows on Netflix: August 2025’s Top Upcoming Series to Watch
This August, Netflix will help you finish the summer season strong with incredible content all month long. While it’s always hard to say goodbye to the titles leaving Netflix, you won’t feel down for long once you get a good look at the impressive array of Netflix Original series coming to the platform to take their…
Read MoreExxonMobil reports 23.4% drop in profits on lower crude prices
Published Fri, Aug 1, 2025 · 08:33 PM [NEW YORK] ExxonMobil reported a drop in second-quarter profits on Friday (Aug 1) as the hit from lower crude prices more than offset a boost from higher oil and gas production. The petroleum giant reported profits of US$7.1 billion, down 23.4 per cent from the year-ago period.…
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