Posts by Liam Redmond
Ong Beng Seng to plead guilty on Apr 2
PROPERTY tycoon Ong Beng Seng, 79, has decided to plead guilty. He faces two criminal charges in relation to dealings with former minister S Iswaran. The first charge, for abetting an offence under Section 165, relates to flights and a hotel stay. Ong allegedly offered Iswaran a trip to Doha in December 2022, and arranged…
Read MoreCorrection officers’ union and Hochul reach deal that could end wildcat prison strike
An ongoing wildcat strike by correction officers who staff more than 30 New York prisons could soon be over after the guards’ union reached a deal with Gov. Kathy Hochul’s office Thursday night. The mediator-negotiated deal suspends aspects of the HALT Act, a law that drastically cut down on solitary confinement in state prisons, and…
Read MorePentagon Announces Transgender Troops Will Be Fired from US Military in 60 Days Unless They Obtain a Waiver
Pentagon has ordered all transgender service members from the U.S. military to be removed, according to a newly issued memo, unless they obtain a waiver proving their fitness to serve the force. The memo, filed late Wednesday, mentions that people with a current diagnosis, history, or symptoms of gender dysphoria are no longer eligible for…
Read MoreVietnam steel body seeks tariffs on Chinese, South Korean galvanised steel
VIETNAM’S Steel Association has asked the government to impose tariffs on galvanised steel imported from China and South Korea to protect domestic production, the government said on Friday (Feb 28). Galvanised steel imports from China and South Korea have been rising rapidly, “putting heavy pressure on the domestic steel industry”, the government cited an association…
Read MoreNYCFC coach teases potential transfer news ahead of second game of season
Was New York City FC head coach Pascal Jansen hinting that another roster move could be coming down the pipeline? At the very least, it sounded on Thursday like he hoped one would be on the way soon to help bolster NYCFC’s roster. City saw several departures before the start of the season, including the…
Read MoreIndonesia’s move to control coal prices faces Chinese pushback
THE Indonesian government’s plan to regulate the price of coal exports is facing pushback from its largest customer, as firms in China baulk at paying higher costs as other suppliers lower their rates. Indonesian Energy Minister Bahlil Lahadalia this week issued a regulation forcing coal exporters from Mar 1 to use the official pricing standard,…
Read MoreDEA’s most wanted drug lord Rafael Caro Quintero arrives in NYC to face charges after Mexico hands him over to US
A drug cartel kingpin, known as the US Drug Enforcement Administration’s top target for his role in the killing of a DEA agent, was moved from Mexico to New York City on Thursday and is expected to face a judge on Friday, according to officials and sources. Rafael Caro Quintero was among 29 cartel members…
Read MoreChina’s Chery Automobile applies for Hong Kong IPO
CHINA’S Chery Automobile has applied for an initial public offering (IPO) in Hong Kong, seeking funds to develop new vehicles and technologies as well as to expand in global markets and improve domestic production facilities. Its filing with the Hong Kong stock exchange did not detail the size of the IPO or when a listing…
Read MoreGenting Malaysia stocks tumble after news of CEO change; Singapore counter holds steady despite heavy trading
GENTING BHD and Genting Malaysia shares plunged shortly after the market opened on Friday (Feb 28), after news broke on Thursday that Lim Kok Thay will step down as chief executive of Malaysia’s Genting after nearly two decades at the helm. Both entities also reported a net loss in their latest earnings announced on the…
Read MoreIHH Healthcare ‘On Track’ For Double-Digit ROE
INTEGRATED healthcare operator IHH Healthcare is “on track for double-digit return on equity (ROE)” in the coming years, said its management on Friday (Feb 28). While the group did not give a concrete timeline for achieving this goal, it has “set itself up for going towards double-digit ROE in 2025 as well”, said group chief…
Read MoreFed judge finds Trump’s mass firings of federal probationary workers were likely unlawful
A federal judge in San Francisco on Thursday found that the mass firings of probationary employees were likely unlawful, granting temporary relief to a coalition of labor unions and organizations that has sued to stop the Trump administration’s massive dismantling of the federal workforce. US District Judge William Alsup ordered the Office of Personnel Management…
Read MoreInterview with Catherine Wu
DR CATHERINE WU is secretary-general of GeekCon International, an initiative of Dark Navy, an independent security research institute. She introduced the GeekCon cybersecurity competition and conference to Singapore in May last year. Kwek Leng Beng fully supported the cause and serves as an honorary consultant to GeekCon. SPH Media’s Money FM 89.3 sat down with Catherine…
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