Posts by Liam Redmond
Income-Allianz deal timeline: A recap of the proposed S$2.2 billion sale
[SINGAPORE] The proposed S$2.2 billion deal involving the sale of Singapore’s Income Insurance to German insurer Allianz – which the government eventually called off – was a major talking point during the 2025 General Election campaigning. Here is a recap of what happened: Jul 17, 2024: Allianz offered to buy a majority stake in Income…
Read MoreKnicks face Mitchell Robinson conundrum after Celtics exploit free throw woes
BOSTON — The numbers are startling. More than startling, they’re unacceptable and hard to believe at this level. And the visual — watching Mitchell Robinson’s shooting form while taking free throws — is even worse. But, he carried a different perspective. Mitchell Robinson of the Knicks puts up a foul shot during the second quarter…
Read MoreAsia: Dollar recovers some losses, stocks gain as traders eye tariff deals
[HONG KONG] The dollar rose in Asia on Tuesday fuelled by hopes for trade deals to avert Donald Trump’s sweeping tariffs, while equities mostly rose as investors await the Federal Reserve’s latest policy decision. Oil also staged a comeback after tanking on news of an output hike by key producers that came despite growing concerns…
Read MoreHong Kong DIY watch brand sets sights on Europe amid Trump tariffs
[HONG KONG] When Washington announced higher tariffs and the axing of a de minimis rule that allowed for low-value packages from Hong Kong and mainland China to enter the United States free of duties, Quinn Lai felt it was “game over” for his watch brand. Lai is the founder of DIY Watch Club, which sells…
Read MoreServiceNow eyes US$1 billion revenue for AI product by 2026
The company makes software applications that help companies organise and automate their personnel and information technology operations Published Tue, May 6, 2025 · 11:02 AM [NEW YORK] ServiceNow said its flagship artificial intelligence (AI) software product will hit US$1 billion in annual contracted business by next year. The new 2026 guidance for the generative AI…
Read MoreKnicks’ Game 1 report card: OG Anunoby saves the day
Knicks’ grades from their Game 1 overtime win over the Celtics, 108-105, on Monday in Boston. Source link
Read MoreNew Zealand PM proposes banning under-16s from social media
Published Tue, May 6, 2025 · 10:11 AM [SYDNEY] New Zealand’s prime minister on Tuesday proposed banning children under 16 from social media, stressing the need to protect them from the perils of big tech platforms. Regulators the world over are wrestling with how to keep children safe online, as social media is increasingly flooded…
Read MoreTencent can access one million carbon credits through GenZero partnership
The companies will continue to invest and scale climate solutions by leveraging their respective networks to identify potential opportunities suited for co-investment [SINGAPORE] Tech giant Tencent can offtake at least one million verified, high-quality carbon credits within GenZero’s investment portolio, over a period of 15 years, after inking a partnership. This represents an estimated abatement…
Read MoreCATL starts gauging interest for potential US$5 billion Hong Kong listing
The company is barrelling ahead with the offering in spite of the turbulent markets that have been whipsawing on the back of US President Donald Trump’s tariffs Published Tue, May 6, 2025 · 09:48 AM [HONG KONG] Contemporary Amperex Technology Co Limited (CATL), the world’s largest maker of batteries for electric vehicles, began gauging investor…
Read MoreIFA stands its ground on valuations in Sinarmas Land offer; says methods used ‘appropriate’ and in line with practice
[SINGAPORE] W Capital Markets, which is advising Sinarmas Land’s independent directors on the Widjajas’ offer to privatise the company, insists its valuations of the group’s assets are “appropriate” and “consistent with widely accepted industry practice”. The independent financial adviser (IFA) was responding to concerns raised by the Singapore Investors Association (Singapore) or Sias, and The…
Read MoreNicole Kidman debuts super-short pixie haircut at Met Gala 2025
Chop, chop. Nicole Kidman, 57, turned heads on the Met Gala 2025 red carpet Monday night, debuting a two-toned pixie haircut alongside her black custom Balenciaga Couture gown. Celebrity hairstylist Adir Abergel styled the “Babygirl” star’s locks in a side part with long cascading bangs framing one side of her face. The actress embraced this year’s…
Read MoreShein, Temu ramp up advertising in UK and France as US tariffs hit
[NEW YORK] Shein and Temu, fast-fashion e-commerce platforms that ship merchandise from China, boosted their spending on digital ads in Europe in April, data from market intelligence firm Sensor Tower showed, a shift away from the US where the companies face crushing tariffs. Shein and Temu’s ad spending rose the most in France and the UK compared to…
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