Posts by Liam Redmond
Trump turbulence throws 60/40 portfolio investment strategy into question
[SINGAPORE] The 60/40 portfolio – allocating 60 per cent of one’s investments to equities and the remaining 40 per cent to bonds – has been a commonly touted investment strategy. But analysts warned that macroeconomic uncertainties – including the direction and impact of interest rates and trade tariffs – are throwing this strategy of maintaining…
Read MoreDick Barnett, legendary Knicks NBA champion, dead at 88
Dick Barnett, whose unorthodox left-handed “Fall Back Baby” jumper thrilled Knicks fans en route to the team’s 1970 NBA championship and who later authored multiple books, earned a doctorate from Fordham University and taught classes in sports management at St. John’s, has died this weekend, the Knicks announced Sunday. He was 88. A three-time All-America…
Read MoreOCBC-GEH saga: Could the insurer’s suspension be resolved through a selective capital reduction?
At OCBC’s annual general meeting on Apr 17, chairman Andrew Lee left no doubt that the banking group has been unmoved by calls for it to distribute its stake in Great Eastern Holdings (GEH) to its shareholders. “(We) are not blinking,” he said, after reiterating OCBC’s longstanding position that its insurance unit is a significant…
Read MorePatients with this brain disorder are often accused of faking or exaggerating — but it can cause tremors, tingling and even blackouts
It’s not all in their heads — but that’s what they’re told. A baffling brain disorder leaves people shaking, stumbling and sometimes completely blacking out, only to be doubted by doctors, friends and even family. Women are disproportionally affected by this terrifying disorder, which doctors are quick to dismiss. Getty Images/iStockphoto The condition, which is…
Read MoreJalen Brunson hobbles to locker room before returning in Game 4 as Knicks get another injury scare
DETROIT — The Knicks received a major injury scare. Jalen Brunson picked up an injury and went to the locker room during the third quarter of the Knicks’ Game 4 clash against the Pistons Sunday afternoon at Little Caesars Arena. Jalen Brunson reacts after trying to get up during the Knicks’ game against Pistons on…
Read MoreHochul’s budget fantasy speeds NY off a spending cliff — here’s who must call her out
New York’s state budget is nearly a month late, and Albany’s Republicans have a rare chance to be relevant. Will they take it? Gov. Hochul has been locked in budgetary combat with legislative Democrats. Their main battle isn’t over spending, but rather policy changes without big fiscal impacts: Senate and Assembly Dems bristled at Hochul’s…
Read MoreEast 42nd Street office building to be converted to apartments
There’s a major new player, and a new plan, for 300 E. 42nd St., an 18-story, 235,000 square-foot office and retail building which investor David Werner was reported to be buying at a deep discount. Although not yet posted in public records, the purchase closed last Wednesday for $52 million, as expected — less than…
Read More‘Star Wars’ creator George Lucas finally answers decades-old mystery about Yoda
Solved a mystery, George Lucas has. The 80-year-old “Star Wars” creator spoke at the 45th anniversary screening of “The Empire Strikes Back” at the 2025 TCM Classic Film Festival on Thursday and explained why Yoda talks backwards in the films. George Lucas at the 2025 TCM Classic Film Festival on April 24. Getty Images for TCM…
Read MoreIs ‘Tracker’ on tonight? ‘Tracker’ Season 2, Episode 18 premiere time and more
Tracker fans, rejoice! Last week, we watched Justin Hartley’s character head to a wedding chapel in Reno — for work! And this week, wouldn’t you know it? He’s back for another new adventure in a fresh location. The official synopsis for Tracker Season 2, Episode 18, “Collision” is as follows: “Colter heads to Willow Creek, Mich., after…
Read MoreDriver suspected of killing at least 9 at Vancouver Filipino festival was ‘known’ to police and held by crowd until arrest
The driver who allegedly plowed his SUV into a Vancouver Filipino festival on Saturday, killing at least nine, was held by bystanders before police arrived – and was “known” to law enforcement, officials said. The 30-year-old man, who has not yet been publicly identified, apologized to festivalgoers as he was detained by the crowd until…
Read MoreBill Owens’ exit from CBS and more: Letters to the Editor — April 27, 2025
Owens’ CBS exit Kudos to CBS for “allowing” executive producer Bill Owens to “quit” as a result of President Trump’s $20 billion lawsuit against “60 Minutes” (“CBS Big: Eye Quit,” April 23). Owens is the absolute epitome of “fake news” as illustrated by his team’s deceptively editing the interview with Kamala Harris — apparently in…
Read MoreChina says CK Hutchison’s ports deal must not try to avoid antitrust review
[BEIJING] China’s top market regulator said on Sunday (Apr 27) that it was paying close attention to CK Hutchison’s planned sale of most of its ports operations to a BlackRock-led consortium and parties to the deal should not try to avoid an antitrust review. The sale by the Hong Kong conglomerate, which contains two ports…
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