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MAA Announces Increase to Quarterly Common DividendThe Kings headed into Saturday’s rubber match of their three-game homestand with serious concerns about their power play as well as some individual offensive performers that they hoped to get back afloat against the surging Seattle Kraken. They disposed of the dead-tired Detroit Red Wings to kick off the homestand – which is part of nine straight games to be played in California – but were shut out for the first time this season by the Buffalo Sabres Wednesday. The black and silver became the not-so-proud owners of the NHL’s worst power play since Nov. 10 – they’ve scored no power-play goals since Nov. 9 and that one was an empty-netter – and have the fourth-worst conversion rate over all of 2024-25. Their 0-for-5 performance as they were bageled 1-0 by Buffalo was their third such display this season, including an 0-for-6 showing in a loss to lowly San Jose . They’ve gone 0 for 4 on four other occasions, and went without a power-play goal in 13 of their 20 games so far. Their newly assembled top unit of five forwards has had the vibe of Dean Smith’s four-corner offense at times and, at its best, has produced nothing but near misses. The second unit’s struggles have been season-long, with the ineffectual play of both groups rendering meaningless the Kings’ numerous bromides about “looks” and “movement.” Their struggles haven’t been limited to the power play either. Overall, they’ve lost four of their past six games, and in those defeats they’ve managed a meager 1.25 goals per game. Forward Quinton Byfield signed a lucrative extension this summer with the expectation that he’d push upward into the top tier of the Kings’ scoring leaderboard. But instead of chasing captain Anže Kopitar, Byfield’s production has more closely mirrored that of checker Trevor Lewis. The No. 2 overall pick in the 2020 draft surmounted several setbacks: a broken ankle and not one but two viral illnesses, one of which robbed him of about 25 pounds. Last season, he appeared poised for a breakout, but mixed form, tentativeness and tough luck have inhibited him in the first quarter of this campaign. “He’s had tough stretches before that he’s come out of,” Kings coach Jim Hiller said. “If anybody’s faced adversity, it’s been him through the first run of his career here. So, he’s been through that, he’ll get through it.” Hiller remarked that Byfield “wasn’t alone” among players who could not convert Wednesday. He also wasn’t unaccompanied in a crowd of slumping Kings. Winger Kevin Fiala has gone pointless in six straight games and defenseman Jordan Spence has spent much of the season turning the puck over as if he were cooking it on a grill. Meanwhile, Brock Faber, whom the Kings dealt along with a first-round pick for Fiala, has been the No. 1 defenseman for the West’s second-best team to date, the Minnesota Wild. Even the Kings’ early-season scorchers have cooled significantly. Brandt Clarke has been held scoreless in four straight games and six of his past seven. In his last two games, he and the top power-play unit have clearly missed each other. Alex Laferriere remained in that grouping, but his production continued to sag. After a torrid stretch of eight goals in 10 games, he has one goal in his last eight appearances and no points in his four most recent outings. Slumping totals and shoulders alike will have to straighten up against leading scorer Jared McCann and Seattle, which rebounded from a four-game winless skid to capture five of its past six decisions. The Kraken have killed 90% of its penalties during their ascent, good for sixth in the NHL, and allowed a miserly 1.67 goals per game, the fourth-best mark in the league during that span. When: 1 p.m. Saturday Where: Crypto.com Arena How to watch: FDSNWKings’ slumbering offense needs a jolt against Seattle
Will Trump take Christopher Rufo’s conservative Florida vision nationwide?President-elect Donald Trump is demanding the immediate release of Israeli hostages still being held in Gaza, saying that if they are not freed before he is sworn into office for a second term there will be “hell to pay”. In a post on his Truth Social site, Mr Trump wrote: “Please let this TRUTH serve to represent that if the hostages are not released prior to January 20 2025, the date that I proudly assume Office as President of the United States, there will be ALL HELL TO PAY in the Middle East, and for those in charge who perpetrated these atrocities against Humanity.”
Elon Musk’s preschool is the next step in his anti-woke education dreams
[SMM Analysis] Recent Developments in Recycling Events: 12.23-12.27Three long days of counting in the General Election finished late on Monday night when the final two seats were declared in the constituency of Cavan-Monaghan. Fianna Fail was the clear winner of the election, securing 48 of the Dail parliament’s 174 seats. Sinn Fein took 39 and Fine Gael 38. Labour and the Social Democrats both won 11 seats; People Before Profit-Solidarity took three; Aontu secured two; and the Green Party retained only one of its 12 seats. Independents and others accounted for 21 seats. The return of a Fianna Fail/Fine Gael-led coalition is now highly likely. However, their combined seat total of 86 leaves them just short of the 88 needed for a majority in the Dail. While the two centrist parties that have dominated Irish politics for a century could look to strike a deal with one of the Dail’s smaller centre-left parties, such as the Social Democrats or Labour, a more straightforward route to a majority could be achieved by securing the support of several independent TDs. For Fianna Fail leader Micheal Martin and current taoiseach and Fine Gael leader Simon Harris, wooing like-minded independents would be likely to involve fewer policy concessions, and financial commitments, than would be required to convince another party to join the government benches. Longford-Westmeath independent TD Kevin “Boxer” Moran, who served in a Fine Gael-led minority government between 2017 and 2020, expressed his willingness to listen to offers to join the new coalition in Dublin. “Look, my door’s open,” he told RTE. “Someone knocks, I’m always there to open it.” Marian Harkin, an independent TD for Sligo-Leitrim, expressed her desire to participate in government as she noted that Fianna Fail and Fine Gael were within “shouting distance” of an overall majority. “That means they will be looking for support, and I certainly will be one of those people who will be speaking to them and talking to them and negotiating with them, and I’m looking forward to doing that, because that was the reason that I ran in the first place,” she said. Meanwhile, the Social Democrats and Irish Labour Party both appear cautious about the prospect of an alliance with Fianna Fail and Fine Gael. They will no doubt be mindful of the experience of the Green Party, the junior partner in the last mandate. The Greens experienced near wipeout in the election, retaining only one of their 12 seats. Sinn Fein appears to currently have no realistic route to government, given Fianna Fail and Fine Gael’s ongoing refusal to share power with the party. Despite the odds being stacked against her party, Sinn Fein president Mary Lou McDonald contacted the leaders of the Social Democrats and Labour on Monday to discuss options. Earlier, Fianna Fail deputy leader and outgoing Finance Minister Jack Chambers predicted that a new coalition government would not be in place before Christmas. Mr Chambers said planned talks about forming an administration required “time and space” to ensure that any new government will be “coherent and stable”. After an inconclusive outcome to the 2020 election, it took five months for Fianna Fail, Fine Gael and the Greens to strike the last coalition deal. Mr Chambers said he did not believe it would take that long this time, as he noted the Covid-19 pandemic was a factor in 2020, but he also made clear it would not be a swift process. He said he agreed with analysis that there was no prospect of a deal before Christmas. “I don’t expect a government to be formed in mid-December, when the Dail is due to meet on December 18, probably a Ceann Comhairle (speaker) can be elected, and there’ll have to be time and space taken to make sure we can form a coherent, stable government,” he told RTE. “I don’t think it should take five months like it did the last time – Covid obviously complicated that. But I think all political parties need to take the time to see what’s possible and try and form a stable government for the Irish people.” Fine Gael minister of state Peter Burke said members of his parliamentary party would have to meet to consider their options before giving Mr Harris a mandate to negotiate a new programme for government with Fianna Fail. “It’s important that we have a strong, stable, viable government, whatever form that may be, to ensure that we can meet the challenges of our society, meet the challenges in terms of the economic changes that are potentially going to happen,” he told RTE. Despite being set to emerge with the most seats, it has not been all good news for Fianna Fail. The party’s outgoing Health Minister Stephen Donnelly became one of the biggest casualties of the election when he lost his seat in Wicklow in the early hours of Monday morning. Mr Donnelly was always predicted to face a fight in the constituency after boundary changes saw it reduced from five to four seats. If it is to be a reprise of the Fianna Fail/Fine Gael governing partnership of the last mandate, one of the major questions is around the position of taoiseach and whether the parties will once again take turns to hold the Irish premiership during the lifetime of the new government. The outcome in 2020 saw the parties enter a coalition on the basis that the holder of the premier position would be exchanged midway through the term. Fianna Fail leader Mr Martin took the role for the first half of the mandate, with Leo Varadkar taking over in December 2022. Current Fine Gael leader Mr Harris succeeded Mr Varadkar as taoiseach when he resigned from the role earlier this year. However, this time Fianna Fail has significantly increased its seat lead over Fine Gael, compared with the last election when there were only three seats between the parties. The size of the disparity in party numbers is likely to draw focus on the rotating taoiseach arrangement, raising questions as to whether it will be re-run in the next coalition and, if it is, on what terms. On Sunday, Simon Coveney, a former deputy leader of Fine Gael, said a coalition that did not repeat the rotating taoiseach arrangement in some fashion would be a “difficult proposition” for his party. Meanwhile, Fine Gael minister Paschal Donohoe said he would be making the case for Mr Harris to have another opportunity to serve as taoiseach. On Monday, Mr Chambers said while his party would expect to lead the government it would approach the issue of rotating the taoiseach’s role on the basis of “mutual respect” with Fine Gael. “I think the context of discussions and negotiations will be driven by mutual respect, and that’s the glue that will drive a programme for government and that’s the context in which we’ll engage,” he said. On Monday, Labour leader Ivana Bacik reiterated her party’s determination to forge an alliance with fellow centre-left parties with the intention of having a unified approach to the prospect of entering government. Asked if Labour was prepared to go into government with Fianna Fail and Fine Gael on its own, she told RTE: “No, not at this stage. We are absolutely not willing to do that. “We want to ensure there’s the largest number of TDs who share our vision and our values who want to deliver change on the same basis that we do.” The Social Democrats have been non-committal about any potential arrangement with Fianna Fail and Fine Gael, and have restated a series of red lines they would need to achieve before considering taking a place in government. Leader Holly Cairns, who gave birth to a daughter on polling day on Friday, said in a statement: “The party is in a very strong position to play an important role in the next Dail. In what position, government or opposition, remains to be seen.” Fianna Fail secured the most first preference votes in Friday’s proportional representation election, taking 21.9% to Fine Gael’s 20.8%. Sinn Fein came in third on 19%. While Sinn Fein’s vote share represented a marked improvement on its disappointing showing in June’s local elections in Ireland, it is still significantly down on the 24.5% poll-topping share it secured in the 2020 general election. The final breakdown of first preferences also flipped the result of Friday night’s exit poll, which suggested Sinn Fein was in front on 21.1%, with Fine Gael on 21% and Fianna Fail on 19.5%.
A woman who claimed mixed martial arts fighter Conor McGregor "brutally raped and battered" her in a Dublin hotel penthouse has been awarded nearly 250,000 euros ($A400,000) by a civil court jury in Ireland. Nikita Hand said the December 9, 2018, assault after a night of partying left her heavily bruised and suffering from post-traumatic stress disorder. McGregor testified that he never forced the woman to do anything against her will and said she fabricated the allegations after the two had consensual sex. His lawyer had called Hand a gold digger. The fighter, once the face of the Ultimate Fighting Championship but now past his prime, shook his head as the jury of eight women and four men returned the verdict after deliberating for about six hours in the High Court in Dublin. He was mobbed by cameras as he left court but did not comment. He later said on the social platform X that he would appeal the verdict and the "modest award". Hand's voice cracked and her hands trembled as she read a statement outside the courthouse, saying she would never forget what happened to her but would now be able to move on with her life. She thanked her family, partner, friends, jurors, the judge and all the supporters that had reached out to her online, but particularly her daughter. "She has given me so much strength and courage over the last six years throughout this nightmare to keep on pushing forward for justice," she said. "I want to show (her) and every other girl and boy that you can stand up for yourself if something happens to you, no matter who the person is, and justice will be served." The Associated Press generally does not name alleged victims of sexual violence unless they come forward publicly, as Hand has done. Under Irish law, she did not have the anonymity she would have been granted in a criminal proceeding and was named publicly throughout the trial. Police investigated the woman's complaint but prosecutors declined to bring charges, saying there was insufficient evidence and a conviction was unlikely. McGregor, in his post on X, said he was disappointed jurors didn't see all the evidence prosecutors had reviewed. The jury ruled against Hand in a case she brought against one of McGregor's friends, James Lawrence, whom she accused of having sex with her in the hotel without consent.If you are invested in the S&P 500 or even a global equities fund, you must be sitting on some very good profits. Returns from the MSCI World Index were also very good, only just slightly lower. The World Index too did well, largely driven by US stocks, which make up more than 70 per cent of the index. But what can investors expect from 2025 and how should they be positioned? Genevieve Cua, wealth editor of The Business Times speaks with Hou Wey Fook, chief investment officer of DBS Bank on the latest episode of WealthBT to garner his thoughts. Significant developments of 2024 First, the US presidential election - which saw Trump winning again - has potential implications for 2025 investment strategies. Secondly, the Federal Reserve pivoted from years of rate hikes to rate cuts. Lastly, the ongoing breakthroughs and the rise of artificial intelligence are impacting not just the technology sector, but all sectors of the global economy. With the enthusiasm surrounding AI lifting many US stocks, investors might wonder if it’s time to trim their US positions. Wey Fook shares insights on this question pointing out that companies such as NVIDIA, Amazon, Microsoft, and various software services and cybersecurity firms are leading the innovation charge. Asian market opportunities In contrast, Asian stocks also have their role, particularly in the manufacturing of complex chips by companies in Taiwan and Korea. Moreover, Asia is a fertile ground for dividend-yielding stocks like Singapore banks and Reits (Real Estate Investment Trusts), which offer consistent dividend payouts. Genevieve brought up the topic of risk premium and its current status given recent market performances. Wey Fook explained that risk premium is the additional return over cash deposits captured from bonds or stocks. While the risk premium has decreased, not all sectors are affected equally. Exploring the barbell approach Shifting to investment strategies, specifically the barbell approach which Wey Fook has long advocated. This approach involves constructing a portfolio with oversized positions in income-generating assets. He further expands on this in the podcast including how the strategy can withstand risk. He also shared valuable lessons from his 30 years of investment experience cautioning against frequent trading, which can lead to anchoring bias—where investors lock in profits too soon and miss out on greater long-term gains. Portfolio rebalancing In conclusion, strategists are emphasising the importance of maintaining US exposure while managing expectations for future returns. Individual portfolios should reflect unique objectives and proper asset allocation. Rebalancing portfolios by trimming equities can keep investments aligned with strategic goals. As the year unfolds, keeping a balance of risky growth assets and secure investments remains crucial. Listen to the full podcast for insightful advice and informed financial fluency from both host Genevieve Cua and Hou Wey Fook, chief investment officer of DBS Bank. Stay tuned for more insightful episodes from BT Correspondents . For any thoughts or questions, reach out to the podcast team at btpodcasts@sph.com.sg . Written and hosted by: Genevieve Cua (gen@sph.com.sg) With Hou Wey Fook, chief investment officer, DBS Bank Edited by: Emily Liu & Claressa Monteiro Produced by: Genevieve Cua & Emily Liu Engineered by: Chai Pei Chieh A podcast by BT Podcasts, The Business Times , SPH Media --- Follow BT Correspondents: Channel: bt.sg/btcobt Amazon: bt.sg/btcoam Apple Podcasts: bt.sg/btcoap Spotify: bt.sg/btcosp YouTube Music: bt.sg/btcoyt Website: bt.sg/btcorresp Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice. --- Discover more BT podcast series: BT Money Hacks: bt.sg/btmoneyhacks BT Podcasts: bt.sg/pcOM BT Market Focus: bt.sg/btmktfocus BT Branded Podcasts: bt.sg/brpod BT Lens On: bt.sg/btlenson
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