Posts by Liam Redmond
Stocks to watch: DBS, UOB, Sats, Far East Orchard, GuocoLand, Elite UK Reit
THE following companies saw new developments that may affect trading of their securities on Thursday (Jun 19): DBS: The lender inked a memorandum of understanding with the the Australian Trade and Investment Commission on Wednesday to deepen investment links between Australia and South-east Asia. The two will collaborate to help Australian companies expand into markets…
Read MoreFidelity, BlackRock target Chinese demand for offshore funds
[HONG KONG] Fidelity International is poised to offer products that attract mainland investors chasing higher returns from overseas funds, according to sources familiar with the matter. The global asset manager is considering seeking approval for products under the decade-old Mutual Recognition of Funds scheme, said the sources, who asked not to be identified because the…
Read More‘28 Years Later’ review: Long-awaited zombie sequel is warped, shocking and fantastic
movie review 28 YEARS LATER Running time: 115 minutes. Rated R (strong bloody violence, grisly images, graphic nudity, language and brief sexuality). In theaters June 20. It takes some skill to pump new life into the undead. Every possible twist on the zombie movie has been tried in the past 20 years, from deadpan road…
Read MoreAir India cuts foreign widebody flights by 15% after crash
[NEW DELHI] Air India is reducing its international service using widebody planes by 15 per cent as the nation’s flag carrier grapples with the fallout from a fatal Boeing 787 crash last week and an Israel-Iran clash in the Middle East. The cuts will be rolled out to Jun 20 and will continue until at…
Read MoreChipmaker Wolfspeed nears bankruptcy deal with lenders including Apollo
[WASHINGTON] Struggling chipmaker Wolfspeed will be taken over by creditors including Apollo Global Management under a proposal that would put it into bankruptcy just long enough to slash billions of US dollars in debt, according to sources familiar with the plan. The company will soon announce a deal with lenders for a so-called prepackaged bankruptcy,…
Read MoreThe 3 top-rated massage chairs to unwind and relax in 2025
Let’s be real — you deserve better than sore shoulders and a stiff neck after a long day of being a responsible adult. Whether you’ve been grinding away at a desk, wrangling kids or just trying to survive the chaos of everyday life, one thing’s for sure: you need a throne. Not just any throne,…
Read MoreOil settles higher as Iran-Israel conflict enters sixth day
[NEW YORK] Oil prices settled higher on Wednesday in a volatile session as investors weighed the chance of supply disruptions from the Iran-Israel conflict and potential direct US involvement. Brent crude futures settled 25 cents higher at US$76.70 a barrel. US West Texas Intermediate crude rose 30 cents at US$75.14. Earlier in the session, prices were down…
Read MoreEurope: Shares fall as Middle East tensions weigh; eyes on Fed decision
EUROPEAN shares declined on Wednesday as investors awaited the Federal Reserve’s monetary policy decision, with ongoing tensions in the Middle East adding to market uncertainty. The pan-European Stoxx 600 index closed 0.36 per cent down at 540.33, at a near one-month low. The hostilities between Iran and Israel extended to a sixth day, with fears of a…
Read MoreUS Fed keeps rates steady but pencils in two cuts by end of 2025; Powell sees ‘meaningful’ inflation ahead
[WASHINGTON] The US central bank held interest rates steady on Wednesday and policymakers signaled borrowing costs are still likely to fall in 2025, but Federal Reserve Chair Jerome Powell cautioned against putting too much weight on that view, and said he expects “meaningful” inflation ahead as consumers pay more for goods due to the Trump administration’s…
Read MoreMicrosoft planning thousands more job cuts aimed at salespeople
Published Thu, Jun 19, 2025 · 06:12 AM [NEW YORK] Microsoft is planning to cut thousands of jobs, particularly in sales, as part of the company’s latest move to trim its workforce amid heavy spending on artificial intelligence. The cuts are expected to be announced early next month, following the end of Microsoft’s fiscal year,…
Read MoreUS: Stocks flat after Fed decision as markets eye Iran
Published Thu, Jun 19, 2025 · 06:12 AM Wall Street stocks ended little changed on Wednesday after the Federal Reserve kept interest rates steady, while markets followed ongoing fighting between Iran and Israel. The Fed, as expected, held interest rates unchanged for a fourth consecutive meeting, as Chair Jerome Powell said more time was needed to monitor…
Read MoreWhy California Remains the Epicenter for Gen Z Led Creator Startups
California has always attracted dreamers who are ready to go the extra mile, but Gen Z is reshaping that story. Armed with smartphones, editing software, and a willingness to bet on themselves, they’re turning content creation into scalable ventures. Today’s creator startups are born from bedrooms and garages and are quickly scaling to digital storefronts,…
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