Posts by Liam Redmond
Gold Prices Slip After Near Two-Week High Amid Dollar Strength and U.S. Debt Concerns
Gold decreased modestly on Thursday after they touched their two-week peak in the morning trading. Spot gold lost 0.3% at $3,303.82 per ounce as of 1020 GMT, and U.S. gold futures also shed 0.3% at $3,304.10. The temporary decline came due to a stronger U.S. dollar, as gold became costlier for other currencies. Nevertheless, concern…
Read MoreTimothée Chalamet, Ben Stiller, Martha Stewart and more stars watch the New York Knicks vs the Indiana Pacers
See Timothée Chalamet, Ben Stiller and more stars attend Game 1 of the NBA Eastern Conference Finals to watch the New York Knicks vs the Indiana Pacers on May 21, 2025 at Madison Square Garden. Watch the video to see Martha Stewart, Jon Hamm, Larry David, Mary J. Blige and so many more celebrities at…
Read MoreUS: Wall St opens mixed after Trump’s tax Bill narrowly clears House test
Published Thu, May 22, 2025 · 09:47 PM [NEW YORK] Wall Street’s main indexes opened mixed on Thursday (May 22) after the US House of Representatives passed President Donald Trump’s tax Bill, which is expected to burden the country with trillions in debt, by a razor-thin margin. The Dow Jones Industrial Average fell 96.8 points,…
Read MoreShai Gilgeous-Alexander gets ‘so dramatic’ thanking wife in MVP speech
Oklahoma City Thunder star Shai Gilgeous-Alexander was overcome with emotion while addressing his wife, Hailey Summers, during his victory speech for the 2024-25 NBA MVP award on Wednesday. During a press conference in Oklahoma City, Gilgeous-Alexander was brought to tears while thanking Summers for teaching him about love and sacrifice. “The one and only Hailey…
Read MoreXiaomi billionaire touts new Chinese chip in tech showcase
[BEIJING] Xiaomi’s billionaire founder outlined plans Thursday (May 22) to outfit its top-end devices with advanced homegrown mobile processors, showcasing the company’s ambitions to expand its tech portfolio and compete with American heavyweights. Lei Jun, who shot to fame with bold plans to unseat Apple in China, gave online viewers a sneak peek at its…
Read MoreXiaomi billionaire touts SUV, Chinese chip in tech showcase
[BEIJING] Xiaomi’s billionaire founder outlined plans for its first SUV and top-end gadgets with self-developed mobile chips, showcasing ambitions to expand its technology portfolio and move past a much-publicised accident that cast doubt on its expertise. Lei Jun, who shot to fame with bold plans to unseat Apple in China, gave online viewers a sneak…
Read MoreBiden cancer diagnosis spurs free prostate screenings in NYC — 8 tips for first-timers
News that former President Joe Biden, 82, has been diagnosed with an “aggressive” form of prostate cancer sent shockwaves across the nation this week. While the overall five-year survival rate for prostate cancer is an impressive 97%, that number plunges to just 37% once the disease spreads to other parts of the body, according to…
Read MoreBYD beats Tesla in Europe for first time with 169% sales surge
Published Thu, May 22, 2025 · 07:01 PM [FRANKFURT] BYD sold more electric vehicles in Europe than Tesla for the first time, overtaking the American brand that’s long led the continent’s EV segment. China’s leading automaker registered 7,231 new battery-electric vehicles in April, according to market researcher Jato Dynamics. That was up 169 per cent…
Read MoreYangzijiang Shipbuilding order wins dip to US$0.3 billion
This is down from US$3.3 billion in the year-ago period, but vessel deliveries remain on track [SINGAPORE] Marine vessel manufacturer Yangzijiang Shipbuilding reported that its year-to-date order wins for the first quarter of 2025 amount to six vessels worth US$300 million. This is around 5 per cent of its US$6 billion target for the 2025…
Read MoreCruise ship captain dies during 19-day voyage — passengers told over PA announcement
The captain of a major cruise liner has died during an almost month-long voyage around Asia. Michele Bartolomei was captaining Princess Cruises’ the Diamond Princess when he died suddenly on May 19 following a medical emergency. The ship was on a 19-day Southern Islands Explorer voyage to locations including Japan and Korea when passengers and…
Read MoreApac family offices favour developed market equities, bonds: UBS report
[SINGAPORE] Family offices (FOs) in the Asia-Pacific favoured equities and bonds from developed markets in 2024 and plan to increase their strategic allocations into these asset classes in 2025, a report by UBS showed. On average, an Apac FO allocated 24 per cent to equities and 20 per cent to bonds from developed markets in…
Read MoreSingapore shares slide in tandem with regional bourses and Wall Street
Decliners beat gainers 288 to 178 across the broader Singapore market, with 1.1 billion of securities valued at S$1.4 billion changing hands [SINGAPORE] Asian bourses including Singapore’s were largely in the red on Thursday (May 22), after overnight Wall Street’s sell-off as the United States fiscal uncertainty soured market sentiment. Singapore’s Straits Times Index (STI)…
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