Posts by Liam Redmond
Inside Nets’ league-leading defensive turnaround: ‘Another level’
For much of this season, any fleeting success the Nets found came at the offensive end. But their best form of the season has come over the past two weeks, and it’s come riding the best defense in the league. With their 97-89 win Monday night over the Hornets, a fellow lottery aspirant, the Nets…
Read MoreAnalysts raise target prices, dividend estimates on DBS, predicting higher valuation ahead
ANALYSTS have raised their target prices for DBS after the lender on Monday (Feb 10) posted full-year net profit that reached a record high. This points to potentially higher valuations and the bank dishing out more dividends ahead. Maybank Securities raised its target price for DBS by nearly 10 per cent to S$51.37 from S$46.91,…
Read MoreBain Capital says it may withdraw tender offer proposal for Fuji Soft
Bain, which is supported by Fuji Soft’s founding family, has yet to launch a tender offer US PRIVATE equity firm Bain Capital said it may withdraw its tender offer proposal for Japanese IT firm Fuji Soft, after rival suitor KKR raised its offer above Bain’s in a protracted bidding war. Bain Capital “is carefully considering…
Read MoreSoftBank explores debt-heavy financing for US$500 billion AI push
A FEW weeks ago, SoftBank Group founder Masayoshi Son stood alongside US President Donald Trump to unveil the Stargate Project, an artificial intelligence (AI) venture with OpenAI that could cost US$500 billion or more. Now Son is figuring out how to pay for it. The Japanese billionaire is looking at a technique called project financing…
Read MoreJalen Hurts: Philadelphia Eagles Star Lives in Modest $2,000-Per-Month Rental Despite Million-Dollar Contract as He Believes in Simple Living
While many NFL stars splurge on luxurious mansions after securing massive contracts, Philadelphia Eagles quarterback Jalen Hurts is taking a unique approach. Despite signing a $255 million deal in 2023, making him the highest-paid player in the league at that time, Hurts lives in a modest $2,000-a-month apartment rather than a lavish estate, The Sun…
Read MoreTwo men slain execution-style in hail of 40 bullets as Philly celebrates Super Bowl win
Two men were killed execution-style in a hail of at least 40 bullets in Philadelphia early Monday as the city celebrated its Super Bowl win, but cops say they haven’t connected the crime to the football event. Cops responded to the intersection of Claridge Street and Adams Avenue in the northeast section of the city…
Read MoreTrump plans to raise taxes on sports team owners worth $869 billion
The Trump administration is floating a plan to end special tax benefits for billionaire sports owners — who have a collective net worth of nearly $1 trillion. White House Press Secretary Karoline Leavitt announced on Thursday that Trump intends to eliminate “all special tax breaks for billionaire sports team owners.” While the exact details remain…
Read MoreUS: Wall St kicks off week higher as Trump’s tariffs lift steelmakers
Wall Street’s main indexes opened higher on Monday (Feb 10), recovering from last week’s declines, as steelmakers surged after US President Donald Trump said he would impose additional tariffs on steel and aluminium imports. The Dow Jones Industrial Average rose 93.5 points, or 0.21 per cent, at the open to 44,396.92. The S&P 500 rose…
Read MoreSaquon Barkley shotguns beer after Eagles’ Super Bowl 2025 win in rowdy locker room scene
Saquon Barkley was shirtless while shotgunning beers and pouring champagne in the mouths of Eagles staff after Philadelphia destroyed the Chiefs in Super Bowl 2025 in New Orleans. The Eagles’ running back, who also celebrated his 28th birthday on Sunday, was seen dancing with his teammates and chugging a bottle of Don Julio 1942 tequila…
Read MoreGuocoLand H1 profit up 13 per cent to S$74.6 million
PROPERTY developer GuocoLand reported a net profit of S$74.6 million for the first half ended Dec 31, 2024, up 13 per cent year on year from S$66.2 million. Earnings per share for the half-year period rose to S$0.0588, from S$0.0513 previously. Revenue dipped 5 per cent to about S$1 billion, from about S$1.1 billion in…
Read MoreNokia hires Intel’s AI executive as CEO in push for turnaround
NOKIA said it was replacing chief executive officer Pekka Lundmark with Intel’s Justin Hotard in a surprise announcement as the network equipment maker works to exit a prolonged slump in orders from phone operators. Lundmark, 61, will step down Mar 31 after more than four years in the role, and Hotard will take over the…
Read MoreTrump 100% disagrees with federal judge’s ‘crazy’ ruling blocking DOGE from Treasury system
President Donald Trump “100 percent” disagrees with a federal judge’s ruling on Saturday that bars the Department of Government Efficiency from accessing the Treasury Department, he said during an exclusive interview with Fox News’ Bret Baier. “Nineteen states attorneys general filed a lawsuit, and early Saturday a judge agreed with them to restrict Elon Musk and his…
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