Posts by Liam Redmond
Billionaire Richard Li’s FWD Group seeks to raise HK$3.47 billion in Hong Kong IPO
Published Thu, Jun 26, 2025 · 06:38 AM INSURER FWD Group, backed by billionaire Richard Li, is looking to raise HK$3.47 billion (S$565.3 million) through a Hong Kong initial public offering, according to a regulatory filing on Thursday (Jun 26). The pan-Asian insurer is offering 91.3 million offer shares in total at an offer price…
Read MoreTech lobby group urges EU leaders to pause AI Act
Published Thu, Jun 26, 2025 · 06:29 AM [STOCKHOLM] Tech lobbying group CCIA Europe, whose members include Alphabet, Meta and Apple, on Thursday urged European Union to pause implementation of the AI Act, saying a rushed roll-out risks jeopardising the continent’s AI aspirations. Europe’s landmark AI rules entered into force in June last year with…
Read MoreHong Kong intervenes to defend FX peg as local currency drops
The Hong Kong Monetary Authority (HKMA) purchased HK$9.4 billion (S$1.5 billion) of local currency. This came after the exchange rate touched the weak end of the permitted 7.75 to 7.85 per greenback trading band following a bout of intervention to rein in the currency’s gains. In addition to pushing the currency back into its permitted…
Read MoreEurope: Shares sag as investors weigh Iran-Israel ceasefire
A RALLY in European stocks hit a roadblock as investors weighed the fragility of the Israel-Iran ceasefire, with attention quickly shifting to the looming US tariff pause deadline. The pan-European Stoxx 600 index lost steam after Tuesday’s best intraday jump in over a month, dipping 0.74 per cent to 536.98 as a wave of red swept across most…
Read MoreUS: Nvidia at new record as stocks end mixed
[NEW YORK] Wall Street stocks finished mixed on Wednesday as markets weighed lingering worries over Iran, while Nvidia surged to a fresh record amid continued artificial intelligence bullishness. President Donald Trump boasted that US strikes had destroyed Iran’s nuclear program, although leaked US intelligence said the strikes had set back Tehran’s nuclear programme by just a few…
Read MoreExclusive | Skydance boss David Ellison tells Hollywood pals that Paramount merger will close before end of summer: sources
Skydance Media boss David Ellison has been striking an upbeat tone in his quest to purchase Shari Redstone’s Paramount, On The Money has learned. The budding movie mogul’s quiet confidence to media insiders in recent days may seem a bit odd for regular readers of On The Money. We’ve been chronicling how the $8 billion…
Read MoreHSBC sees ‘huge opportunities’ for Singapore businesses in India’s fast-changing economy
[SINGAPORE] Companies based in Singapore are well-positioned to seize “huge opportunities” in India’s rapidly evolving economy, said two senior HSBC executives in a recent interview with The Business Times. Key areas of growth include technology, healthcare, renewables and data centres, said Wong Kee Joo, chief executive officer of HSBC Singapore. “From a renewables perspective, since…
Read MoreWhy Hawkfest Is More Than Just Another Marketing Conference
Hawkfest is coming, and I couldn’t be more excited about what we’ve put together this year. As someone who’s attended countless marketing conferences over the years, I know firsthand how they can blend together into a forgettable blur of PowerPoints and lukewarm coffee. That’s exactly why we created something different. When I founded Hawke Media,…
Read MoreFederal judge denies Trump admin bid to keep Kilmar Abrego Garcia in custody before trial — ICE expected to detain him after release
A Tennessee federal judge on Wednesday denied the Trump administration’s bid to keep suspected MS-13 gang member Kilmar Abrego Garcia behind bars as he awaits trial on federal human smuggling charges. Abrego Garcia, however, was expected to be detained by Immigration and Customs Enforcement (ICE) upon his release from custody. “I can’t order ICE to…
Read MoreHow AI-Powered LinkedIn Post Generators Are Transforming Personal Branding
Today, when every other brand has an online presence, personal branding is no longer an option, but a necessity. No matter if you’re an entrepreneur, freelance worker, or just someone who wants to take their career to the next level, you cannot underestimate the power of consistent presence on LinkedIn. Other than LinkedIn, which is…
Read MoreDriver named Patches Magickbeans high on mushrooms in crash that nearly killed construction worker: cops
A Wisconsin man named Patches Magickbeans seriously injured a worker when he crashed his van into a piece of construction equipment while allegedly high on magic mushrooms, cops said. Patches Magickbeans, 34, of Wisconsin, was “swerving and weaving” on Highway 61 in Silver Creek, Minn. around 3:50 p.m. on June 19 when his van hit…
Read MorePharrell gifts Beyoncé a straight-off-the-runway bag at Louis Vuitton show
On Tuesday, Beyoncé and Jay-Z attended Louis Vuitton’s spring 2026 menswear show in Paris. AFP via Getty Images Beyoncé is the ultimate muse. On Tuesday, the musician took a break from her “Cowboy Carter” tour to attend the Louis Vuitton spring 2026 menswear show in Paris, where the French fashion brand’s men’s creative director, Pharrell…
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