Posts by Liam Redmond
Stocks to watch: OCBC, ST Engineering, Frasers Property, F&N, Far East Orchard, DHLT, Marco Polo Marine
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (May 9). OCBC: The bank’s net profit for the first quarter fell on lower net interest income and higher operating expenses. Net profit for the three months ended Mar 31, 2025, stood at S$1.88 billion, compared with S$1.98 billion…
Read MoreDaiwa House Logistics Trust posts 9.9% lower Q1 distributable income of S$8.2 million
[SINGAPORE] Daiwa House Logistics Trust (DHLT) announced on Friday (May 9) that its distributable income for the quarter was 9.9 per cent lower at S$8.2 million, from S$9.2 million in the same year-ago period. This was mainly attributed to increased interest expenses from additional borrowings, higher interest rates due to the refinancing and restructuring of…
Read MoreApple is developing specialised chips for glasses, new Macs and AI servers
[LOS ANGELES] Apple’s silicon design group is working on new chips that will serve as the brains for future devices, including its first smart glasses, more powerful Macs and artificial intelligence (AI) servers. The company has made progress on the chip that it’s developing for smart glasses, according to sources with knowledge of the matter.…
Read MoreHate and hackery: How the Pulitzer Prize destroyed itself
This week Mosab Abu Toha, a Hamas apologist and serial fabricator who vilified female Israeli hostages and justified their kidnapping on Oct. 7, won the 2025 Pulitzer Prize for commentary for a series of essays about Gaza in The New Yorker. It is unsurprising, because the Pulitzer Prize has become an irremediable joke. You’d think that the Pulitzer, administered…
Read MoreLuxury labels ditch steep China discounts to rebuild brand value
[HONG KONG] Some luxury labels are pulling back from steep markdowns in China, seeking to rebuild an image of exclusivity to lure back wealthy shoppers whose spending remains less affected by the economic slowdown. None of the products sold by Kering’s Balenciaga on Tmall, China’s dominant e-commerce platform, were discounted in the first quarter of…
Read MoreOCBC Q1 profit falls 5% to S$1.88 billion; beats expectations
[SINGAPORE] OCBC’s net profit for the first quarter fell on lower net interest income and higher operating expenses. Net profit for the three months ended Mar 31, 2025, stood at S$1.88 billion, compared with S$1.98 billion from the year-ago period, it said on Friday (May 9). The earnings beat the S$1.86 billion consensus forecast in…
Read MoreOil prices rise 3% on support from US-China trade hopes
[NEW YORK] Oil prices rose around 3 per cent on Thursday (May 8), buoyed by hopes of a breakthrough in looming trade talks between the US and China, the world’s two largest oil consumers. Brent crude futures settled up US$1.72, or 2.8 per cent, at US$62.84 a barrel. US West Texas Intermediate crude rose US$1.84,…
Read MorePope Leo XIV in his own words: the pontiff on abortion, climate change, homosexuality, and capital punishment
Newly elected Pope Leo XIV is widely considered to be soft-spoken and cautious — but has not been shy in recent years about speaking out on hot-button issues, from the teaching of gender ideology in schools to climate change. Known as Robert Francis Prevost prior to his election Thursday as the leader of the Roman…
Read MoreUS: Stocks rise after Trump announces UK trade deal
Published Fri, May 9, 2025 · 06:06 AM [NEW YORK] US stocks finished firmly in the green on Thursday (May 8) after US President Donald Trump unveiled a “breakthrough” trade agreement with the United Kingdom. The deal reduces tariffs on British cars, steel and aluminium, while in return Britain will open up its markets to…
Read MoreGet the newest Kindle in time for Mother’s Day and save 20% if you shop now
New York Post may be compensated and/or receive an affiliate commission if you click or buy through our links. Featured pricing is subject to change. If your mom, like mine, is a total bookworm, and you’ve procrastinated on picking up a gift this Mother’s Day, I’ll let you in on a little secret — it’s…
Read MoreExclusive | Divine NYC home inside a converted church asks $2.95M — with heavenly stained glass touches throughout
This Greenwich Village gem is truly divine — and it has just received some divine intervention. A two-bedroom, two-bathroom aerie inside the historic Peace Church is on the market for $2.95 million — down from its $3.29 million ask in March. The heavenly building, known as the Novare, is at 135 W. 4th St. It…
Read MoreBiden reveals on ‘The View’ he ‘wasn’t surprised’ Trump defeated Harris in 2024 election
Former President Joe Biden revealed Thursday in his first TV interview after leaving the White House that he “wasn’t surprised” President Trump trounced Kamala Harris in the 2024 election. “I wasn’t surprised, not because I didn’t think the vice president wasn’t the most qualified person to be president. She is,” Biden said during an appearance…
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