Posts by Liam Redmond
Mortgagee listings climb in Q1 as interest rate strains hit market: Knight Frank
[SINGAPORE] Mortgagee listings in Singapore property auctions rose in the first quarter of 2025 as distressed sales due to the last two years of high interest rates have started to enter the market, said a report by property consultancy Knight Frank on Monday (Apr 28). Mortgagee sales made up the majority of auction listings in…
Read MoreGE2025: PM Wong warns at Fullerton Rally that losing three, four ministers would weaken government and Singapore
[SINGAPORE] Losing three or four ministers would weaken both the government and the country, at an already challenging time, said Prime Minister Lawrence Wong on Monday (Apr 28). A vote for the opposition is not a “free vote for more alternative voices”, but a vote to weaken the People’s Action Party (PAP) team, he said…
Read MoreAirbus to take over Spirit asset as part of Boeing reintegration
[LONDON] Airbus reached a final agreement to take over some assets and sites from Spirit AeroSystems Holdings, clearing the way for the struggling US aerospace supplier to be acquired by its former parent Boeing. The European planemaker will take over a facility in Kinston, North Carolina, for fuselage sections of the Airbus A350 model, as…
Read MoreiFast plunges 12% after cutting its Hong Kong profit guidance
This is after the company lowered its 2025 Hong Kong profit before tax target to HK$380 million from HK$500 million [SINGAPORE] iFast shares plunged as much as 12 per cent on Monday (Apr 28) morning, after the investment platform operator revised its Hong Kong operations’ profit target and reported first-quarter earnings. As at noon, the…
Read MoreLakers’ JJ Redick rips officials over no-call on ‘blatant trip’ of Luka Doncic in brutal Game 4 loss
JJ Redick went off on the officials after Sunday’s loss to the Timberwolves, which put the Lakers on the brink of elimination in the first round. While the bigger problem on Sunday was the fact that the Lakers let a fourth-quarter lead slip away in what ended up being a 116-113 loss at Target Center,…
Read More1 dead as Florida authorities declare a ‘mass casualty’ in boat crash near Clearwater bridge
One person has died and several were injured Sunday when a boat crashed into a ferry off the Memorial Causeway Bridge and then fled the scene, authorities said. The Clearwater Police Department posted on X that there were multiple injuries and the crash had been declared “a mass casualty incident” by the Clearwater Fire &…
Read MoreXiaomi-backed robot vacuum brand Roborock is said to consider Hong Kong listing
Hang Seng Index has fared better than most, rising almost 10 per cent this year, despite an early April slide Published Mon, Apr 28, 2025 · 12:34 PM [HONG KONG] Robot vacuum maker Beijing Roborock Technology is weighing a share sale in Hong Kong this year to raise as much as US$500 million, according to…
Read MoreIf OCBC wants to keep Chulia Street properties, it should partner a property group to redevelop them
IN this column on Mar 31, I advocated that OCBC should sell its Chulia and Church Street properties so that the assets can be redeveloped to create a new prime office project in the heart of the Central Business District. Divesting these buildings will also help create shareholder value. My suggestion that OCBC should consider…
Read MoreMets place A.J. Minter on 15-day IL, will bring up potential sixth starter
WASHINGTON — A.J. Minter officially hit the 15-day injured list on Sunday after he was diagnosed with a lat strain, but the extent of the injury wasn’t immediately clear to manager Carlos Mendoza. After the Mets’ 8-7 loss to the Nationals, Mendoza said he had to consult with the medical staff about a prognosis. The…
Read MoreAsia: Markets mixed on Monday as investors eye trade talks
[HONG KONG] Asian stocks were mixed on Monday as investors assess how the land lies on the trade war front with countries seeking to temper Donald Trump’s eye-watering tariffs. Investors were also keeping tabs on China after President Xi Jinping and other top leaders last week discussed plans to boost consumption in the world’s number…
Read MoreMail Forwarding Secrets: What USPS Won’t Tell You
Mail forwarding can seem straightforward, but there are a lot of details that the USPS doesn’t always make clear. Whether you’re moving, traveling, or just need to redirect your mail for a while, understanding the ins and outs of mail forwarding can save you time and money. This article dives into the options available, hidden…
Read MoreChina approves 10 new reactors in nuclear power ramp-up
The nation has 30 under construction, nearly half the global total, and is expected to leapfrog the US to become the world’s largest atomic energy generator by the end of the decade Published Mon, Apr 28, 2025 · 10:35 AM [NEW YORK] China’s State Council approved 10 new reactors on Sunday (Apr 27) in a…
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