Posts by Liam Redmond
Raffles Medical jumps 6.7% on 100 million share buyback plan; posts 4.3% rise in H2 profit to S$31.6 million
PRIVATE healthcare provider Raffles Medical Group posted a 4.3 per cent rise in net profit to S$31.6 million for its second half ended Dec 31, 2024, from S$30.3 million in the previous corresponding period. The group also intends to buy back up to 100 million shares, representing 5.3 per cent of its total ordinary issued…
Read MoreAustralia’s Perpetual ends talks with KKR on sale of wealth, trust units
AUSTRALIA’S Perpetual on Monday said it has ended talks with KKR for the sale of its wealth management and corporate trust units, while confirming plans to pursue a sale of its wealth management business separately. The deal with KKR, which was initially announced in May last year, was deemed to be not in the best…
Read MoreDonald Trump knew exactly who to call to connect with Daniel Penny — me!
Penny saved, Penny earned The New York Post recently featured a whole page honoring GodBlessUs former Marine Daniel Penny who defended his honor, country, life, his Godliness, his manhood and his birthright when he alone — as everyone else just sat, stared and watched a crazy man who was spouting threats at a lady on the subway,…
Read MoreTrump’s main target in metals tariffs is China, ex-trade adviser says
US PRESIDENT Donald Trump’s tariffs on aluminium and steel are motivated mostly by concerns that China is flooding the global market and harming US manufacturing, said a former trade adviser to the White House. The president signed an order this month to place 25 per cent levies on all imports of steel and aluminium, regardless…
Read MoreBuffett’s Berkshire Hathaway removes diversity and inclusion from annual report
Warren Buffett’s Berkshire Hathaway on Saturday joined a growing list of American companies to publicly change their approach to discussing their commitment to diversity and inclusion. Berkshire’s annual report includes a section describing how the conglomerate’s 189 operating businesses, which employ about 392,400 people, depend on human capital and resources, and that each establishes practices to…
Read MoreSeven & i Holdings picks Bain as preferred buyer in asset sale: report
Bain is believed to have offered a valuation of more than 700 billion yen for York Holdings JAPAN’S Seven & i Holdings, operator of the 7-Eleven convenience store chain, has picked Bain Capital as its preferred buyer for a stake of its non-core assets, local media reported on Saturday (Feb 22). Bain has been competing…
Read MoreFormer royal aide who accused Meghan Markle of bullying palace staff has no regrets: ‘I wouldn’t change anything’
Jason Knauf, a former royal advisor, has spoken out after accusing Meghan Markle of bullying junior palace staff nearly seven years ago. When asked during an interview with “60 Minutes Australia” released Sunday whether he would do anything differently, Knauf responded, “I wouldn’t change anything.” “I think it’s tough, but it’s probably quite good,” he…
Read MoreMalaysia’s Sunway sets sights on regional expansion
With success in its home base, the company is now looking to expand its reach in the region, especially in existing markets such as Singapore SINCE its launch more than 50 years ago, Sunway Group has made its name building sprawling new townships in Malaysia. But across the Causeway in Singapore, the group remains under…
Read MoreMAS review group disappoints, then delivers
Some market watchers may worry demand-side measures such as the S$5 billion EQDP are the wrong place to start, but the review group has made it clear it will not stop there THE acid test for the first set of measures to revitalise the Singapore market could be whether the local bourse operator’s share price…
Read MoreCan MAS Review Group’s S$5 Billion Boost Revive the SGX?
An effective overhaul of the ecosystem could depend on the full set of measures, due to be released by August THE full update on the Monetary Authority of Singapore (MAS) equities market review group’s first set of measures, released on Friday (Feb 21), drew a cautious thumbs up from industry observers over the weekend. The…
Read MoreSuns star Devin Booker worried about Hooters’ demise as bankruptcy looms
Devin Booker wants to save Hooters. The Phoenix Suns guard is pleading for Hooters not to go in wake of the news that the iconic restaurant chain may be heading for bankruptcy. The comments came just one day after Bloomberg reported that Hooters of America is negotiating with creditors to restructure its $300 million debt…
Read MoreChinese Student Loses S$921 Camera After Asking Stranger to Click her Photo at Singapore’s Fort Canning
A 21-year-old solo traveler lost her S$921 camera after asking a stranger to assist her in taking a picture at Fort Canning. The Chinese student, who identified herself as Ms. Lee, told Shin Min Daily News that the woman left without returning her camera. The incident happened on Thursday, February 20, at approximately 12:45 pm,…
Read More