Posts by Liam Redmond
SLB Development shareholders okay privatisation offer from Lian Beng’s Ong family
[SINGAPORE] Shareholders of SLB Development approved the scheme resolution proposed by Lian Beng Group’s board of directors – which comprises the controlling Ong family – to acquire and privatise the property player. It is expected to delist on or around Jul 2, said its board of directors in a bourse filing on Tuesday (May 20)…
Read MoreInside Andronis Luxury Suites: the ultra-luxe Greek hotel revered by the Kardashians, Jenners and Olivia Culpo
Andronis Luxury Suites has thrown open its doors again after a lavish top-to-toe revamp, Page Six can reveal. Andronis Luxury Suites Opa! Andronis Luxury Suites — the ultra-glam Greek hideaway beloved by royals and Hollywood A-listers — has thrown open its doors again after a lavish top-to-toe revamp, Page Six can reveal. The celeb-magnet hotel…
Read MoreMalaysia’s IHH unit seeks up to 109 billion rupees in damages from Japan’s Daiichi Sankyo
Northern TK Venture alleges Japan’s Daiichi Sankyo blocked its 2018 bid for an Indian hospital chain, causing financial losses. Published Tue, May 20, 2025 · 07:08 PM [BENGALURU] IHH Healthcare said on Tuesday (May 20) its unit has filed a petition in a Tokyo court to revise damages sought from Japan’s Daiichi Sankyo over its…
Read MoreSIA Engineering inks S$1.3 billion deal to service SIA, Scoot fleets
The company will provide support for two years, with an option to extend by one year [SINGAPORE] Mainboard-listed SIA Engineering (SIAEC) signed fresh services agreements with national carrier Singapore Airlines (SIA) and its low-cost subsidiary Scoot on Tuesday (May 20), in a deal expected to yield a total labour revenue of S$1.3 billion. The new…
Read More‘Project Homecoming’ launches first flight of 64 illegal immigrants accepting $1,000 to self-deport
The U.S. Department of Homeland Security (DHS) conducted its first self-deport operation, dubbed “Project Homecoming,” with a charter flight on Monday from Texas, and made stops in Honduras and Colombia, taking 64 illegal immigrants who chose to self-deport back to their home countries. DHS said in a post on X that all participants who chose to leave…
Read MoreHappy Birthday, Gemini! See what’s in the tarot cards for your year ahead
Happy solar return to you, Gemini! In honor of the sun moving into the dervish climes of your sign, author and tarot reader Kerry Ward has prepared a tarot spread for your year ahead, featuring her Good Karma Tarot Deck. As an Air sign ruled by fleet-footed, silver-tongued Mercury, Gemini is associated with intellect and alchemy. Language…
Read MoreThai banks’ bad loans rise to 2.9% in Q1
Published Tue, May 20, 2025 · 04:21 PM [BANGKOK] Thai banks’ non-performing loans rose to 2.90 per cent of outstanding loans at the end of March from 2.78 per cent at the end of December, the central bank said on Tuesday (May 20). Bank lending dropped 1.3 per cent in the first quarter of 2025…
Read MoreBritain, Canada, France threaten sanctions against Israel over Gaza
The leaders of Britain, Canada and France threatened sanctions against Israel on Monday if it does not stop a renewed military offensive in Gaza and lift aid restrictions, piling further pressure on Prime Minister Benjamin Netanyahu. The Israeli military announced the start of a new operation on Friday, and earlier on Monday Netanyahu said Israel…
Read MoreHong Kong dollar funding cost drops in FX intervention aftermath
Hibor extended its drop as it fell below 1% on Tuesday (May 20) for the first time since 2022 Published Tue, May 20, 2025 · 03:23 PM [HONG KONG] Hong Kong’s key interbank borrowing cost slumped following foreign-exchange intervention by the city’s authorities, fuelling bearish bets against the local dollar. The one-month Hong Kong interbank…
Read MoreDear Abby: My college-aged daughter snuck her boyfriend into the house
DEAR ABBY: We asked our 19-year-old college daughter, “Lulu,” to dog-sit and housesit sit several months ago. She knew our rule of no visitors allowed in our home while we were out of town. Because of this, we didn’t feel we needed to prepare the house by filing mail and documents away prior to our…
Read MoreJapan’s Honda to scale back on electric vehicles, concentrate on hybrids
The company says it expects to sell 2.2 million to 2.3 million hybrid vehicles by 2030 Published Tue, May 20, 2025 · 02:17 PM [TOKYO] Honda Motor said on Tuesday (May 20) that it was scaling back its investment in electric vehicles (EVs) given slowing demand and would be focusing on capturing growing demand for…
Read MoreJapan’s 20-year bond auction gets weakest demand since 2012
The sale comes after a recent surge in longer Japanese bond yields and increased volatility owing in part to US President Donald Trump’s policy measures Published Tue, May 20, 2025 · 01:18 PM [TOKYO] Japan’s auction of 20-year bonds got the lowest demand since 2012, pointing to market concern about who will buy as the…
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