Posts by Liam Redmond
Trump admin to reveal proof ‘fake news’ outlets CNN, NY Times ‘lied’ about damage inflicted by US strikes on Iran
President Trump has teased the release Thursday of “irrefutable” proof that “fake news” outlets like CNN and the New York Times “lied” about the damage inflicted by the US strikes on Iran’s nuclear facilities. Trump said that Defense Secretary Pete Hegseth would hold an 8 a.m. press conference at the Pentagon in honor of the…
Read MoreSingapore Savings Bonds fully allocated; 10-year average return drops to 2.49%
In comparison, the previous issuance for June saw a total of S$302.9 million in applications, versus S$500 million on offer [SINGAPORE] The latest Singapore Savings Bonds (SSBs) allotted on Thursday (Jun 26) saw applications fall short of the S$400 million offered, with the 10-year average return dropping from the previous tranche. The July tranche of…
Read MoreSingapore Savings Bond demand falls short; 10-year average return drops to 2.49%
In comparison, the previous issuance for June saw a total of S$302.9 million in applications, versus S$500 million on offer [SINGAPORE] The latest Singapore Savings Bond (SSB) allotted on Thursday (Jun 26) saw applications fall short of the S$400 million offered, with the 10-year average return dropping from the previous tranche. The July tranche of…
Read MoreBoston University soccer player accuses assistant coach of sexual harassment after Alex Cooper’s allegations
Boston University’s women’s soccer team has been slapped with yet another allegation of sexual harassment — just weeks after Alex Cooper’s claims were highlighted in a Hulu documentary. The “Call Her Daddy” podcast host, 30, said she was sexually harassed by former head coach Nancy Feldman during her time as a student-athlete at the college. Now,…
Read MoreAsian markets in full swing as investors shake off trade jitters
[HONG KONG] Trading desks across Asia are buzzing with excitement again, as the region shakes off tariff shocks and attracts investors with its solid growth prospects. From stocks to currencies to credit, the rebound from the depths of the April market turmoil has been impressive. MSCI’s Asia equities index has jumped 25 per cent to…
Read MoreSingapore’s millionaire inflow to halve in 2025: report
[SINGAPORE] Singapore will likely see a net inflow of 1,600 millionaires in 2025 – less than half the 3,500 that had been projected to move there in 2024, a report by investment migration consultancy Henley & Partners showed. This is even as a record 142,000 millionaires worldwide are expected to relocate this year, according to…
Read MoreMax Fried continues to make strong case to start All-Star Game after snaring MLB-leading 10th win
CINCINNATI — Max Fried will not let himself look that far ahead. But the All-Star Game is now just a few weeks away, happening in the city where he spent the first eight years of his big league career. The Yankees left-hander became the first pitcher to reach 10 wins on Wednesday night while lowering…
Read MoreIndonesia working on new e-commerce tax rule in bid to target ‘shadow economy’
[JAKARTA] Indonesia is working on a new regulation that will require e-commerce platforms to collect and pass on sellers’ sales income in a bid to tackle the “shadow economy”, its tax office said on Thursday (Jun 26) confirming a Reuters report earlier this week. Citing sources, Reuters reported exclusively on Tuesday about a planned directive…
Read MoreMother and son narrowly survive run-in with killer bird species with nightmare claw that rivals Freddy Krueger’s
Close Encounters of the Bird Kind. A mother and son in Australia narrowly escaped an encounter with two hungry cassowaries – one of the only bird species on the planet with a track record of killing humans, according to animal officials. Security video from south Mission Beach shows the mother and son pair were heading…
Read MoreAEM raises H1 FY2025 revenue guidance to up to S$195 million on pull-in of customer orders
It will provide guidance for the second half of the year when it reports its earnings on Aug 13 [SINGAPORE] Semiconductor test solutions provider AEM has raised its revenue guidance for the first half of the financial year ending Jun 30 to between S$185 million and S$195 million, up from an earlier range of S$155…
Read MoreNorth Korea to open tourist site next week for foreign visitors
North Korea next week will open a signature tourist site on its east coast that it calls a prelude to a new era in its tourism industry, though there is no word on when the country will fully reopen its borders to foreign visitors. The Wonsan-Kalma coastal tourist zone has hotels and other accommodations for nearly 20,000…
Read MoreTop Glove Q3 profit slides 31% to RM34.7 million despite higher revenue
[SINGAPORE] Malaysian glove maker Top Glove on Thursday (Jun 26) posted a net profit of RM34.7 million (S$10.5 million) for its third quarter ended May, 31 per cent down from a profit of RM50.7 million in the previous corresponding period. Earnings per share for the quarter stood at 0.43 sen, down from 0.63 sen previously.…
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