Posts by Liam Redmond
Stocks to watch: SGX, CLCT, CapitaLand China Trust, Frasers Hospitality Trust
THE following companies saw new developments that may affect trading of their securities on Thursday (Feb 6): Singapore Exchange: The local bourse’s net profit for the first half ended December rose 20.7 per cent to S$340 million, from S$281.6 million in the previous corresponding period. The increase in bottom line was partly driven by the…
Read MoreSGX’s H1 net profit rises 20.7% to S$340 million following high growth in all revenue segments
THE Singapore Exchange (SGX) on Thursday (Feb 6) posted a net profit of S$340 million for the first half ended December, up 20.7 per cent from S$281.6 million in the previous corresponding period. Earnings before interest, taxes, depreciation and amortisation (Ebitda) for H1 grew 23.4 per cent on the year to S$425.3 million. Earnings per…
Read MoreNew Orleans ramps up security as 120,000 visitors descend on city for Super Bowl just weeks after terror attack
After a New Year’s Day terror attack struck New Orleans’ historic French Quarter, city officials say they are confident in the security plans they have in place for Sunday’s Super Bowl. More than 125,000 visitors — including President Donald Trump — are expected to converge on the Big Easy this week for days of revelry capped off by the clash between the…
Read MoreSoftBank nears deal to acquire chip designer Ampere
SOFTBANK Group is in advanced talks to acquire Ampere Computing, sources familiar with the matter said. The Japanese company is discussing a deal that could value the Oracle-backed chip designer at about US$6.5 billion, including debt, according to the sources. A transaction may be announced in the coming weeks, they said. Bloomberg News reported…
Read More‘Emilia Pérez’ director slams Karla Sofía Gascón over ‘hateful’ tweets: ‘I don’t want to’ speak to her
“Emilia Pérez” director Jacques Audiard is addressing Karla Sofía Gascón’s shocking controversy — and he’s not happy. The French writer-director, 72, expressed his disappointment in his Oscar-nominated actress after several of her social media posts resurfaced, in which Gascón criticized Muslim culture, George Floyd and even called her “Emilia Pérez” co-star Selena Gomez a “rich rat”…
Read MoreCoffee soars to record US$4 mark as supply fears power rally
Fears have grown about future output in top-grower Brazil after a prolonged drought ARABICA coffee topped US$4 per pound in New York for the first time, as concerns over tight global supplies fuel a dizzying rally that’s doubled prices over the past year. The move stands to accelerate the fallout for consumers as ever-pricier beans…
Read MoreForever 21 considers bankruptcy filing if asset-sale plans fail
FOREVER 21 is considering multiple options to turn around its business, which could include a second bankruptcy filing, according to sources with knowledge of the matter. The company is focused on finding buyers for profitable leases, said the sources, who asked not to be identified discussing a private matter. If that fails, it would turn…
Read MoreFord sees sharp profit drop as Trump tariff, EV threats loom
FORD Motor warned that profit may fall by US$2 billion or more this year on an expected drop in vehicle prices and costly new-model launches, adding to risks posed by potential steep new tariffs under US President Donald Trump and dimming electric vehicle (EV) prospects. The second-largest US automaker on Wednesday (Feb 5) said earnings…
Read MoreLori Harvey covers Playboy’s first print issue in 5 years in glittering bikini and feather coat
Playboy is back. Lori Harvey stars as Playboy magazine’s cover star for the publication’s highly anticipated return to print after five years. The socialite rocked a glittering bikini top and a mint-colored feather coat as she held a white Playboy drink stirrer up to her mouth. For the cover, the socialite rocked a glittering bikini…
Read MoreHarrison Ford reveals why he’s never worked with wife Calista Flockhart
Don’t blame him. Harrison Ford is finally revealing why he hasn’t acted alongside his wife, “Ally McBeal” alum Calista Flockhart, and it’s not his fault. During PaleyLive’s “An Evening of Shrinking” event at WGA Theater, Ford, 82, was asked why he hasn’t blurred the lines between work and home life. Calista Flockhart and Harrison Ford…
Read MoreDonald Trump Faces First Impeachment Threat Over Gaza “Ownership” Plan
Former U.S. President Donald Trump is facing an impeachment threat for the first time since taking office last month. Democratic Representative Al Green has announced plans to introduce articles of impeachment against Trump over his controversial proposal for Gaza. Green, a long-time critic of Trump, condemned the former president’s remarks on Gaza’s future. “Ethnic cleansing…
Read MoreNewcastle vs Arsenal Live Streaming: How to Watch the Carabao Cup Semifinal in the US, UK and India
Newcastle United are set to welcome Arsenal to St. James’ Park for the second leg of their EFL Cup semi-final, with the Magpies holding a two-goal advantage. Eddie Howe will be satisfied with his team’s performance in the first leg, where they capitalized on Arsenal’s mistakes at the Emirates. Despite Arsenal having more possession and…
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