Posts by Liam Redmond
ComfortDelGro probes fraud allegations related to Australian subsidiaries
AN Australian unit of ComfortDelGro is investigating allegations of wrongful conduct made by several media companies, and it has engaged external legal counsel to advise on the matter. In a bourse filing on Monday (Feb 17), ComfortDelGro said The Sydney Morning Herald and The Age, as well as 60 Minutes Australia had reported “serious allegations…
Read MoreAustralian unit of ComfortDelGro probes media allegations of wrongful conduct
A2B Australia, a subsidiary of the transport operator, has engaged external legal counsel AN Australian unit of ComfortDelGro is investigating allegations of wrongful conduct made by several media companies, and it has engaged external legal counsel to advise on the matter. In a bourse filing on Monday (Feb 17), ComfortDelGro said The Sydney Morning Herald…
Read MoreHSBC investors back CEO’s investment banking retrenchment
INVESTORS in HSBC are backing management attempts to shutter parts of its investment bank, even as US President Donald Trump’s deregulatory agenda fuels hopes for a boom in capital markets activity. Four shareholders, including two of the 20 largest, said last month’s decision to axe HSBC’s mergers and equity capital markets teams in the Americas…
Read MoreBlake Lively and Ryan Reynolds walk red carpet at ‘SNL’ 50th anniversary as Justin Baldoni drama swirls
Blake Lively and Ryan Reynolds are red-y and returning. The Hollywood couple stepped out on the “SNL” 50th anniversary special red carpet on Sunday. It marked their first red carpet appearance since beginning a legal war with Lively’s “It Ends With Us” director and co-star, Justin Baldoni. Lively, 37, sued Baldoni, 41, accusing him of…
Read MoreChina slows rather than halts copper smelting’s breakneck growth
THE Chinese government is getting serious about constraining the blind expansion of copper smelters, although its new policy is likely to pause rather than stop development. Eleven ministries signed an order last week to limit capacity in the world’s biggest copper industry, by tying expansions to whether companies also control enough ore supply to feed…
Read MoreSingPost appoints former SGX CFO and former SIA Engineering CEO as new non-executive, independent directors
SINGAPORE Post (SingPost) on Monday (Feb 17) announced the appointment of two new non-executive, independent directors, Chng Lay Chew and Ng Chin Hwee. Ng formerly served as chief executive officer and executive director of SIA Engineering between April 2020 and September 2023, according to the bourse filing. Chng was chief financial officer of the Singapore…
Read MoreStocks to watch: Keppel DC Reit, Centurion, ComfortDelGro, SingPost, SIAEC, Paragon Reit
THE following companies saw new developments that may affect trading of their securities on Monday (Feb 17): Keppel DC Real Estate Investment Trust (Keppel DC Reit): The trust is selling Kelsterbach Data Centre in Frankfurt, Germany, to an unrelated third party for 50 million euros (S$70.6 million). On Monday, the trust manager said the divestment…
Read More‘SNL50: The Anniversary Special’ red carpet: Tina Fey, Kristen Wiig, Paul Rudd and more
Tina Fey, Paul Rudd, Maya Rudolph and Kristen Wiig were among the A-listers in attendance at the star-studded “SNL50: The Anniversary Special” held in New York City on Sunday. See all the celebrities on the red carpet for the show’s milestone extravaganza. 1 of 59 Melissa Villaseñor Stephen Lovekin/Shutterstock 2 of 59 Whoopi Goldberg Stephen…
Read MoreApplied Materials falls as export controls weigh on outlook
APPLIED Materials, the largest US maker of chip-manufacturing equipment, fell after issuing a lukewarm revenue forecast for the current period, citing the risk of export controls crimping its business. Sales will be about US$7.1 billion in the fiscal second quarter, which runs to April, the company said on Thursday (Feb 13). That compares with an…
Read MoreXi-Jack Ma chat seen as next catalyst for blistering China rally
A POTENTIAL encounter this week between President Xi Jinping and e-commerce icon Jack Ma, coming after a blistering run by tech shares, could be the next catalyst to extend the rally in China’s stocks. Prominent entrepreneurs including Ma have been invited to meet the nation’s top leaders, sources familiar with the matter said last week.…
Read MoreUS election observer charged with felony after refusing to wear mask during Nov. presidential count
A Washington election observer has been charged with a felony after refusing to wear a mask during the November presidential vote count. Timothy Hazelo, a Republican from Oak Harbor, was charged last week with unauthorized access to a voting center over a dispute that started when he refused to don a mask while monitoring ballot-counters.…
Read MoreBank of Japan nearing end of bank stock sales shifts focus to ETF assets
THE Bank of Japan (BOJ) is on course to finish offloading millions of US dollars of stocks that it bought from beleaguered banks during the financial crisis two decades ago sooner than scheduled, a development that throws into focus the fate of its considerably larger holdings of exchange-traded funds (ETFs). The book value of share…
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