Posts by Liam Redmond
Bank of Japan debated weak-yen risk, scope for more rate hikes at January meeting, summary shows
BANK of Japan (BOJ) policymakers discussed the likelihood of raising interest rates further with some warning of upside inflation risks and the damage a weak yen could inflict on the economy, a summary of opinions at their January meeting showed on Monday (Feb 3). The debate highlights an increasing chance the central bank will continue…
Read MoreBank of Japan debated weak-yen risk, scope for more rate hikes at Jan meeting, summary shows
BANK of Japan (BOJ) policymakers discussed the likelihood of raising interest rates further with some warning of upside inflation risks and the damage a weak yen could inflict on the economy, a summary of opinions at their January meeting showed on Monday (Feb 3). The debate highlights an increasing chance the central bank will continue…
Read MoreJack Flaherty returns to Tigers on $35 million contract in MLB free agency
Jack Flaherty is back with the Tigers on a two-year, $35 million deal, The Post’s Jon Heyman confirmed. The contract includes an opt-out clause after the first year and he would receive $25 million in salary and bonus this upcoming season. Jack Flaherty, who agreed to a deal with the Tigers on Sunday, throws a…
Read MorePanama offers concessions to US after Marco Rubio meets president
PANAMA promised free passage for US warships through the Panama Canal and said it will withdraw from China’s signature lending programme after Secretary of State Marco Rubio blasted the government during his visit on Sunday (Feb 2). Rubio, echoing President Donald Trump’s complaints about Chinese influence over the waterway, warned that the US would “take…
Read MoreBabyface interview goes viral as ‘disrespectful’ reporters shout for Chappell Roan on Grammys 2025 red carpet
Babyface fans, rise up. The 65-year-old singer got snubbed by two reporters from the Associated Press who were more interested in talking to Chappell Roan on the 2025 Grammy Awards red carpet. The incident went viral on social media as many people — including Khloé Kardashian — bashed the “disrespectful” journalists, Krysta Fauria and Leslie…
Read MoreAsean’s data centre gold rush to get a boost from DeepSeek’s AI leap: Maybank
DEMAND for Asean data centres is likely to remain resilient as Chinese artificial intelligence (AI) DeepSeek is set to disrupt the industry and increase demand for it. The region is “still in the early stages of its data centre build cycle”, said Maybank analyst Hussaini Saifee on Friday (Jan 31). He expects more efficient large…
Read MoreTrump tariffs set to heighten volatility amid uncertainty over their extent and duration: analysts
UNCERTAINTY over how long trade tensions will last and the risk of tariffs on other economies could heighten market volatility in the near term, said analysts, after US President Donald Trump made good on his tariff threat. On Saturday (Feb 1) in the US, Trump ordered 25 per cent tariffs on Canadian and Mexican imports…
Read MoreHong Kong, Taiwan markets drop as Asia-Pacific markets fall on Trump tariff fears
ASIAN markets fell at the open on Monday (Feb 3) after US President Donald Trump announced tariffs on goods from China, Canada and Mexico over the weekend. As at 10 am on Monday, Hong Kong’s Hang Seng Index fell 1.7 per cent, Australia’s ASX 200 fell 1.6 per cent, Japan’s Nikkei 225 traded 2.1 per…
Read MoreSoftBank, OpenAI unveil Japan AI joint venture
SoftBank Group CEO Masayoshi Son said on Monday (Feb 3) he has agreed with OpenAI CEO Sam Altman to set up a joint venture in Japan to offer artificial intelligence services to corporate customers. The Japanese investment giant will also pay US$3 billion annually to use OpenAI’s technology across SoftBank group companies. The joint venture,…
Read MoreBeyoncé goes for Western glam in gold paisley gown and matching gloves at Grammys 2025
Though she was noticeably absent on the red carpet, Beyoncé arrived at the 2025 Grammys ceremony decked out in her “Cowboy Carter” best. Getty Images for The Recording Academy Yeehaw. Though she was noticeably absent on the red carpet, Beyoncé arrived at the 2025 Grammys ceremony decked out in her “Cowboy Carter” best. Hitting the…
Read MoreGold dips as US dollar strengthens on Trump tariffs
GOLD prices fell in early Asian hours on Monday (Feb 3), pressured by a stronger US dollar as fears of a global trade war mounted after US President Donald Trump imposed sweeping tariffs on Canada, Mexico and China over the weekend. Spot gold dipped 0.6 per cent to US$2,784.84 per ounce by 0113 GMT. US…
Read MoreHong Kong-listed China stocks brace for Trump tariffs’ impact
CHINESE stocks listed in Hong Kong will come under renewed pressure when they resume trading Bloomberg following a three-session break, after US President Donald Trump fired the first salvo of his tariff war. Fears of rising levies had already helped push the MSCI China Index into a bear market last month. On Saturday, Trump ordered…
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