Posts by Liam Redmond
Singapore shares fall at Monday’s open; STI down 1.5%
SINGAPORE shares tumbled at the open on Monday (Feb 3) as investors mulled over the impact of tariffs imposed by US President Donald Trump over the weekend. As at 9.00 am, the Straits Times Index (STI) was down 1.5 per cent or 55.72 points lower at 3,800.1. Across the broader market, losers outnumbered gainers 146…
Read MoreLady Gaga’s Grammys 2025 red carpet look is straight out of her ‘Disease’ music video
She could be the antidote tonight. Lady Gaga, 38, graced the 2025 Grammys red carpet looking incredibly edgy in a voluminous black gown, which looked straight out of her “Disease” music video that dropped in November. The high-neck dress, courtesy of Samuel Lewis, included lace-up detailing all over the leather bodice and arms, which boasted…
Read MoreStocks to watch: Sembcorp, Sats, CapitaLand Ascott Trust, Raffles Medical
THE following companies saw new developments that may affect trading of their securities on Monday (Feb 3): Sembcorp Industries: The energy and urban development company has inked a share purchase agreement with CleanCurrent Renewable Energy in the Philippines to acquire Puente Al Sol. This marks its entry into the country’s renewable energy market. The proposed…
Read MoreTSMC shares in focus on return from holiday after DeepSeek jolt
TAIWAN Semiconductor Manufacturing Company (TSMC) will be in focus as shares resume trading on Monday (Feb 3) after a global sell-off in artificial intelligence (AI) linked stocks last week. Investors were caught off-guard by news of Chinese startup DeepSeek’s AI model that almost rivalled leading US developers, causing a rout in chip stocks while Taiwan…
Read MoreSamsung chief Jay Y Lee found not guilty in merger case
The Seoul High Court upheld a lower court’s ruling dismissing all the charges from a case involving a 2015 merger Samsung Electronics Chairman Jay Y Lee was found not guilty of accounting fraud and stock manipulation by a Seoul appeals court on Monday(Feb 3), in a ruling that could remove long-running legal risks that he…
Read MoreSamsung chief faces ruling on controversial merger
SAMSUNG Electronics Chair Jay Y. Lee faces a ruling by a Seoul appeals court on Monday over a 2015 merger that prosecutors said was designed to cement his control of the tech giant at the expense of minority shareholders. The case highlights long-running legal risks for Lee, who faces growing questions about his ability to…
Read MoreKanye West, fully-nude wife show up to Grammys 2025 after trolling Taylor Swift with Instagram follow
Kanye West and his wife turned the 67th Annual Grammy Awards red carpet into their own personal runway. The “Gold Digger” rapper, 47, shocked fans when he showed up at the 2025 Grammys on Sunday, February 2, at Crypto.com Arena in Los Angeles — but it was his wife who made jaws drop. Bianca Censori, 30,…
Read MoreHonda’s motorcycle business is the gem in a messy Nissan union
HONDA Motor’s crusade to shore up car sales by absorbing Nissan Motor could undermine an oft-forgotten but equally vital part of its company: a thriving motorcycle business. Honda’s two-wheeler segment, which has already cornered 40 per cent of the global market, could be better positioned to expand further if it’s given freedom, or independence, under…
Read MoreUS car prices face US$3,000 increase as tariffs hit auto sector
PRESIDENT Donald Trump’s tariffs against Canada and Mexico will threaten production at automakers across North America and send record vehicle prices even higher, with about a quarter of a trillion US dollars in trade set to be disrupted. Trump on Saturday (Feb 1) followed through on his warning to impose 25 per cent tariffs on…
Read MoreCar prices face US$3,000 increase as tariffs hit auto sector
PRESIDENT Donald Trump’s tariffs against Canada and Mexico will threaten production at automakers across North America and send record vehicle prices even higher, with about a quarter of a trillion US dollars in trade set to be disrupted. Trump on Saturday (Feb 1) followed through on his warning to impose 25 per cent tariffs on…
Read MoreUniCredit heats up Italy finance battle with new Generali stake
UNICREDIT has made a surprise new move in the fight to dominate the Italian financial system by unveiling a minority stake in Assicurazioni Generali. The Milan-based bank confirmed the purchase on Sunday (Feb 2), following earlier press reports. UniCredit emphasised that its 4.1 per cent stake in Generali is a “pure financial investment”, with no…
Read MoreStellantis managers to step down as part of shakeup
STELLANTIS is planning another shakeup of its management ranks as the automaker deepens its overhaul following the ouster of chief executive officer Carlos Tavares, according to sources familiar with the matter. Chief software officer Yves Bonnefont is stepping down from his role, said the sources, who asked not to be identified discussing internal matters. Linda…
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