Posts by Liam Redmond
EDB managing director Jacqueline Poh named as JTC’s new CEO
She will also be appointed as a member of the JTC board in an ex officio capacity THE Ministry of Trade and Industry (MTI) announced on Friday (Feb 21) that JTC Corporation is appointing a new chief executive officer. The agency’s new CEO will be Jacqueline Poh, managing director at Singapore’s Economic Development Board, who…
Read MoreDear Abby: I’m in a financial bind and my nephew should cosign my car loan
DEAR ABBY: Eight years ago, my wife’s nephew needed a car. His parents had poor credit at that time. I took him to a car dealer, where he found a car, and I didn’t hesitate to cosign the loan. He paid the loan off on time. I am now in financial difficulty, and one possibility…
Read MoreFedEx driver was looking at phone before fatal crash that killed ex-NY track star and 2 kids: report
A FedEx truck driver accused of killing a former Long Island track star and his two children in a crash allegedly looked at his phone 25 times and was “periodically tapping and swiping” before causing the fatal wreck. Santos Valentin, 30, collided with a Honda Civic carrying Donnell Hickson, 43, his son Decir, 18, and…
Read MoreAbrdn in talks to launch China asset management venture with Citic unit: sources
ABRDN is in advanced talks with Citic Bank to launch an asset management joint venture in China, two sources with knowledge of the matter said, as the British firm looks to bolster its presence in the world’s second-largest economy. The discussions follow a warming in British-Sino relations and contrast with decisions in recent years by…
Read MoreIf Giannis Antetokounmpo requests offseason trade, Nets’ resources could seal deal
Giannis Antetokounmpo wasn’t part of a wild trade deadline that saw stars such as Luka Doncic, Anthony Davis, Jimmy Butler, De’Aaron Fox and Brandon Ingram on the move. But could Milwaukee’s superstar — and the Nets’ top target — move this summer? For the rebuilding Nets, flexibility has been a top priority. They’ve hoarded those…
Read MoreMalaysia Starbucks franchise holder triples loss on boycotts
BERJAYA Food’s hundreds of Starbucks’ subsidiary outlets across Malaysia contributed to the company’s fifth straight quarterly loss after boycotts of US fast food brands over America’s support of Israel’s offensive in Gaza began last year. The company reported a net loss of RM70.3 million (S$21.3 million) for the six-month period that ended in December. …
Read MoreInjured Charlie McAvoy announces US lineup before emotional 4 Nations loss
Despite being unable to play in the 4 Nations finale, Charlie McAvoy found a way to fire up his Team USA teammates. Ahead of their crushing 3-2 overtime loss to Team Canada on Thursday, defenseman McAvoy announced his team’s starting lineup from the locker room. U.S. head coach Mike Sullivan shared to his team that…
Read MoreStanChart reports 18% rise in annual profit, roughly in line with estimates
STANDARD Chartered reported on Friday its annual profit rose 18 per cent, roughly in line with analysts’ estimates, on strong performance of its wealth and markets business. The London-based bank reported pretax profit for 2024 of US$6 billion, up from US$5.1 billion the year before and slightly below the US$6.2 billion average of analysts’ forecasts…
Read MoreStanChart to return US$1.5 billion more as Q4 earnings beat estimates
STANDARD Chartered said it would hand back US$1.5 billion more to shareholders as it reported fourth-quarter earnings that beat estimates, boosted by a strong performance in its trading and wealth business. The London-headquartered bank announced a fresh buyback which would bring total shareholder distributions to US$4.9 billion since 2023, it said on Friday (Feb 21).…
Read MoreBlackRock resumes talks with companies following SEC guidance
BLACKROCK has restarted its investment stewardship meetings with companies after a short pause used to assess new US Securities and Exchange Commission (SEC) guidelines about the influence of asset managers when they meet with corporations. The money manager last week “temporarily paused” the corporate engagements and restarted them this week, the New York-based firm said…
Read MoreIMF calls for Thai rate cut to support inflation, ease debt load
A FURTHER reduction in Thailand’s policy interest rate will help shore up low inflation and ease the burden for local borrowers, according to the International Monetary Fund (IMF). The multilateral organisation welcomed the Bank of Thailand’s (BOT) decision in October to cut the policy rate and recommended a further reduction to support inflation and improve…
Read MoreNets lose D’Angelo Russell to ankle injury in loss to Cavaliers
The Nets just lost the one player they couldn’t afford to lose. Now, it remains to be seen how long until they get back D’Angelo Russell. The point guard was forced out of Thursday’s 110-97 loss to the Cavaliers at Barclays Center with a right ankle sprain and didn’t return. D’Angelo Russell, dribbling up court,…
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