Posts by Liam Redmond
Container shipping rates soar, impact on shippers outside China felt
[SINGAPORE] Sea cargo rates have surged, with those for the voyage from Shanghai to the US particularly steep, fuelled by pent-up demand and front-loading as shippers rush to beat the US-China trade truce expiry. However, the uncertainty on where the market heads from here has been flagged by analysts, given that new capacity has been…
Read MoreChesapeake Anesthetist Accused of Kissing, Groping Patients While They were Sedated
A Chesapeake nurse who worked as an anaesthetist for 16 years in Hampton Roads has been ordered by state regulators to surrender his license, according to a report from the Virginia Board of Nursing. Kevin Coolong of Chesapeake was a certified registered nurse anesthetist with Atlantic Anesthesia from June 2008 until August 2024, when he…
Read More‘Senior prank’ at Calif. high school involving superglue and golf cart leaves trail of destruction, costing tens of thousands of dollars
A “senior prank” at a California high school left a trail of destruction that cost tens of thousands of dollars after a group of graduating troublemakers superglued shut classroom doors and shoved a golf cart down stairs. About 40 current and former students went on the “unacceptable” rampage at Malibu High School overnight into Tuesday…
Read MoreGold could test US$4,000 an ounce amid fiscal fears, escalating trade tensions: market watchers
[SINGAPORE] While gold has cemented itself above US$3,000 an ounce in 2025 amid trade uncertainty and US fiscal fears, a bullish forecast could see US$4,000 an ounce within a year’s time, said market watchers. In Asian trading on Friday (Jun 6), spot gold was trading around US$3,371 an ounce as at 12.19 pm, up 29…
Read MoreTeo Chee Hean to succeed Lim Boon Heng as Temasek chairman in October
[SINGAPORE] Former senior minister Teo Chee Hean will become chairman of Temasek Holdings in October, taking over from Lim Boon Heng, Temasek said in a statement on Friday (Jun 6). The 70-year-old Teo will first join the state investment company’s board of directors as deputy chairman on Jul 1. His appointment as chairman takes effect…
Read MoreUS Marshals capture Dominican fugitive wanted for murdering upstate NY family of four — including young kids, 2 and 4
A Dominican fugitive wanted for slaughtering a family of four in upstate New York last summer was tracked down and arrested by US Marshals in the Dominican Republic Wednesday, officials said. Luis Francisco Soriano, 31, allegedly killed two children, ages 2 and 4, and their parents in their Irondequoit, NY, home, which was then burned…
Read MoreCordlife collection rates have not recovered to pre-incident levels, but resumption of Singapore operations are ‘encouraging’
[SINGAPORE] Cordlife said that the full resumption of its Singapore operations is an “encouraging step” in restoring client confidence and regaining operational momentum, even though collection rates remain below average levels from before a storage lapse in December 2023. The cord blood bank resumed operations earlier this year after the Ministry of Health (MOH) renewed…
Read MoreCordlife collection rates still under pre-incident levels, but resumed Singapore operations are ‘encouraging’
[SINGAPORE] Cordlife said that the full resumption of its Singapore operations is an “encouraging step” in restoring client confidence and regaining operational momentum, even though collection rates have not recovered to average levels from before a storage lapse in December 2023. The cord blood bank resumed operations earlier this year after the Ministry of Health…
Read MoreLightstone Ventures, Temasek’s ClavystBio co-lead Allay Therapeutics’ US$57.5 million Series D funding
The company’s technology is used to create analgesic products that can aid patients with post-surgical pain management and recuperation [SINGAPORE] United States-based biotechnology company Allay Therapeutics on Thursday (Jun 5) announced it has raised US$57.5 million in a Series D financing round, co-led by biotech venture capital (VC) firm Lightstone Ventures and ClavystBio, a Temasek-linked…
Read MoreSenior skip day at Jones Beach ends in chaos as police helicopter descends on brawling horde of high schoolers: video
Hooky and hooks. Several brawls broke out during a high school senior skip day party at Jones Beach State Park on Thursday, forcing local police to disperse the group with a helicopter and shutting down the beach as tempers flared along with the temperature. Video showed a police helicopter hovering over the massive crowd. longislandmemess…
Read MoreAsia: Markets wobble as Trump-Xi talks offset by Musk row
[HONG KONG] Asian markets stuttered on Friday as optimism from “very positive” talks between presidents Donald Trump and Xi Jinping was wiped out by the stunning public row between the US leader and Elon Musk. The much-anticipated discussions between the heads of the world’s biggest economies fuelled hopes for an easing of tensions following the…
Read MoreShaq bombards ESPN’s ‘NBA Countdown’ set before NBA Finals Game 1
It looks like Shaquille O’Neal is wasting no time making himself comfortable at his soon-to-be new network. O’Neal invaded ESPN’s “NBA Countdown” set on Thursday minutes before Game 1 of the NBA Finals between the Pacers and Thunder. Midway through the show, O’Neal made his way onto the set and was met with tons of…
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