Posts by Liam Redmond
‘Most unloved bonds’ turn routine US auction into crucial test
[NEW JERSEY] Global investor pushback against long-term government debt is turning what normally would be a routine US bond auction into one of the most anticipated events on Wall Street this week. The Treasury is set to sell US$22 billion of 30-year government bonds on Thursday (Jun 12), part of its regularly scheduled borrowings. The…
Read MorePodcast star Alex Cooper accuses her Boston University soccer coach of sexual harassment in new doc
Popular podcaster Alex Cooper made startling allegations in the upcoming Hulu documentary, “Call Her Alex,” that she was sexually harassed by her soccer coach at Boston University. The revelation in the new Hulu doc, set to premiere on the streaming platform on June 10, comes 10 years after Cooper said she went through the ordeal,…
Read MoreRevisions confirm Japan GDP contraction, backing Bank of Japan caution
Most economists expect the central bank to delay further rate hikes, with a majority anticipating no change in coming months Published Mon, Jun 9, 2025 · 09:35 AM [TOKYO] Japan’s economy contracted in the first quarter of the year by less than initially estimated on better inventory and consumption figures, while still backing caution by…
Read MoreJapan confirms GDP contraction, backing Bank of Japan’s cautious stance
[TOKYO] Japan’s economy contracted in the first quarter, a revised estimate confirmed on Monday (Jun 9), weakness that supports the Bank of Japan’s (BOJ) cautious stance and keeps political pressure on Prime Minister Shigeru Ishiba ahead of a key election. Gross domestic product shrank at an annualised pace of 0.2 per cent in the three…
Read MoreChina says it may speed up rare earths application approvals from EU
[SHANGHAI] China is willing to accelerate the examination and approval of rare earth exports to European Union firms and will also deliver a verdict on its trade investigation of EU brandy imports by Jul 5, its commerce ministry said on Saturday (Jun 7). Price commitment consultations between China and the EU on Chinese-made electric vehicles…
Read MoreSofía Vergara makes cheeky statement in thong bikini — and gets Heidi Klum’s attention
It’s a heat wave. Sofía Vergara made a cheeky statement in a thong bikini while sunbathing by a pool in a photo shared to Instagram Sunday. The “Modern Family” alum ditched her top as she soaked up the rays on a lounge chair with her Toty sunscreen closeby. Sofía Vergara made a cheeky statement in…
Read More‘Very clever’; ‘lost confidence’: Shareholders react to OCBC’s latest exit offer for Great Eastern
[SINGAPORE] OCBC on Friday (Jun 6) made a conditional exit offer at S$30.15 per share for the 6.28 per cent stake in Great Eastern it does not own, in a bid to delist the insurer. The offer, which OCBC said was made “at the request of Great Eastern”, was deemed “fair and reasonable” by the…
Read MoreBYD unleashes an EV industry reckoning that alarms Beijing
[BEIJING] The price war engulfing China’s electric vehicle (EV) industry has sent share prices tumbling and prompted an unusual level of intervention from Beijing. The shakeout may just be getting started. For all the Chinese government’s efforts to prevent price cuts by market leader BYD from turning into a vicious spiral, analysts say a combination…
Read MoreRiley Gaines’ clever replies make us doubt it’s really Simon Biles writing those trans-extremist posts
Simone Biles is a tremendously gifted athlete who’s had to overcome horrific challenges including sexual abuse, so it was beyond sad to see her social-media accounts going after Riley Gaines as a “bully” for not “uplifting the trans community” but instead calling to get biological males out of female sports. Let’s be cautious here: Famous folks…
Read MoreStocks to watch: OCBC, CapitaLand Investment, Sasseur Reit, Thakral
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Jun 9). OCBC: The bank has made a S$900 million conditional exit offer at S$30.15 per share for the 6.28 per cent stake in Great Eastern it does not own, in a bid to delist the insurer. The offer,…
Read MorePrivate assets giant Brookfield expects alternative investments to replace public markets in 25 years
[SINGAPORE] Bruce Flatt, the billionaire chief executive officer of Toronto-based Brookfield, is understandably bullish on the prospects of alternative investments. The Canadian investment giant has, after all, amassed more than US$1 trillion in assets under management (AUM), and is one of the world’s largest managers of alternative assets, also commonly known as private markets. Flatt…
Read MoreRetired architect, 80, forced to bag groceries as med bills, promise to dying wife leave him broke
A former big shot architect was forced to bag groceries after mounting medical bills and a promise he made to his dying wife left him broke. Utah resident Gary Saling, 80, has spent years working four days a week at Smith’s Market in St. George – though a well-deserved retirement might be on the horizon…
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