Posts by Liam Redmond
Business Owner Salary: How Much is Too Much?
As a business owner, figuring out how much to pay yourself can be one of the trickiest decisions you face. It’s a balancing act between ensuring you get compensated for your hard work and keeping your business financially healthy. This article will break down various aspects of business owner pay calculation to help you navigate…
Read MoreIvanka Trump shares moment her son challenges Saquon Barkley to a race in the Rose Garden
It was a memorable day for many at the White House as the Philadelphia Eagles celebrated their Super Bowl LIX victory with President Donald Trump. But it was unforgettable for Ivanka Trump’s son Theo who got a special moment with Eagles star Saquon Barkley in the Rose Garden at the White House. Ivanka posted a video and pictures…
Read MoreFirst Reit Q1 DPU dips 3.3% to S$0.0058 amid forex headwinds
[SINGAPORE] First Real Estate Investment Trust’s (First Reit) distribution per unit (DPU) fell 3.3 per cent to S$0.0058 for the first quarter ended Mar 31, compared to S$0.006 in the corresponding year-ago period. Rental and other income fell 2.8 per cent to S$25.4 million, while net property and other income slipped 2.8 per cent to…
Read MoreChina’s Big Five banks post slimmer margins as economic challenges persist
[SHANGHAI/HONGKONG] China’s Big Five lenders reported narrower margins at the end of the first quarter on Tuesday (Apr 29), as profits fell for some on the slowing economy under the shadow of rising tariffs. As the property sector continues to struggle, developer defaults are also weighing. “In the first quarter of 2025, the global economy…
Read MoreWilmar reports higher earnings for Q1 2025 on better performance from business segments, associates
[Singapore] Wilmar reported a 13.5 per cent increase in earnings for Q1 2025 to US$343.9 million from US$302.9 million in Q1 2024 in a bourse filing on Tuesday (Apr 29). Revenue for Q1 2025 grew 3.3 per cent to US$16.2 billion from US$15.7 billion in the previous corresponding period. The growth in earnings was driven…
Read MoreWhat a healthy DJ LeMahieu could unlock for these Yankees
I am not in the habit of telling you not to read what is to follow. It is bad business. Bad for my egomania. Just bad. But if you are a Yankees fan, I do think you should seriously consider if you want to cross this paragraph to the next. Because what is about to…
Read MoreWill ComfortDelGro win the point-to-point 2.0 race against Grab?
[SINGAPORE] Grab’s entry into Singapore’s taxi market is likely to give the leading incumbent ComfortDelGro a run for its money. Studies have shown that people who choose to drive taxis are those who want to devote more time to driving for a living. Private-hire car drivers, on the other hand, are a mix of full-time…
Read MoreTrade war may lower growth and inflation in eurozone, ECB’s Cipollone says
Published Tue, Apr 29, 2025 · 05:06 PM A GLOBAL trade war could lower both economic growth and inflation in the eurozone, and it could have an “unambiguously recessionary effect” on the countries involved, ECB board member Piero Cipollone said on Tuesday (Apr 29). Cipollone’s remarks strengthened the case for a further ECB rate cut…
Read MoreNorway wealth fund CEO sees potential in real estate, renewable assets
[OSLO] Real estate and renewable assets are becoming more attractive in the face of stock market volatility, according to the head of Norway’s US$1.8 trillion sovereign wealth fund. “The world is splitting into two and that means that we will probably see lower growth and we will see higher inflation,” Norges Bank Investment Management (NBIM)…
Read MoreGoogle parent Alphabet kicks off sale of debut euro bonds
Published Tue, Apr 29, 2025 · 04:33 PM [CALIFORNIA] Google parent Alphabet is looking to raise at least 2.5 billion euros (S$3.72 billion) from a debut euro bond sale on Tuesday (Apr 29), just after selling US$5 billion of debt in the US. The tech company is offering an unusual five-part deal with benchmark sizes…
Read MoreCGSI upgrades OUE Reit to ‘add’ on improved outlook
[SINGAPORE] CGS International (CGSI) has upgraded its recommendation for OUE Reit to “add” from “hold”, and raised its price target marginally to S$0.33 from S$0.32. In a report on Monday (Apr 28), CGSI analysts Lock Mun Yee and Li Jialin said the Singapore-listed real estate investment trust (S-Reit) could see higher interest savings ahead,…
Read MoreAdidas holds back on profit upgrade due to tariff uncertainty
[LONDON] German sportswear maker Adidas held back on Tuesday (Apr 29) from raising its 2025 financial forecasts despite strong first-quarter results, saying the uncertainty around US import tariffs was making it difficult to make predictions and plan. CEO Bjorn Gulden said that “in a normal world” the company would have hiked its revenue and profit…
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