Posts by Liam Redmond
Asian oil buyers assess stockpiles, Mid-East alternatives as Iran conflict escalates
Indian refiners scout for alternative supplies; S Korea exploring supplies within Asia Published Sun, Mar 1, 2026 · 06:48 PM [SEOUL/NEW DELHI] Asian governments and refiners rushed to assess oil stockpiles as well as alternative shipping routes and supplies as the Iran conflict disrupted shipping in the crucial Strait of Hormuz, with oil prices expected…
Read MoreNvidia forms alliance to make sure 6G networks embrace AI
The shift is vital for the future’s myriad connected devices and their complex network requirements Published Sun, Mar 1, 2026 · 03:53 PM [BARCELONA] Nvidia, the world’s most valuable company, is throwing its weight behind an effort to make sure the forthcoming 6G phone networks provide a strong platform for services and devices that take…
Read MoreLiquidity and capital – institutional participation continues to broaden across SGX
[SINGAPORE] Ahead of the final session of February, Singapore Exchange (SGX)-listed stocks have been averaging S$1.7 billion in average daily turnover over the first two months of 2026. Institutions have been net buyers across the industrials, real estate (excluding real estate investment trusts, or Reits), telecommunications, consumer cyclicals, technology (hardware and software), consumer non-cyclicals, and…
Read MoreBerkshire CEO Greg Abel seeks to reassure shareholders after taking baton from Buffett
Q4 operating profit falls 30% to US$10.2 billion as income from insurance operations declined Published Sun, Mar 1, 2026 · 11:18 AM [NEW YORK] Berkshire Hathaway’s new chief executive Greg Abel moved to put his stamp on the conglomerate with his first annual letter to shareholders on Saturday (Feb 28), pledging to maintain its “fortress-like”…
Read MoreWhat can China do to slow down its rising currency?
Published Sun, Mar 1, 2026 · 10:00 AM [HONG KONG] China’s renminbi is surging against the US dollar, boosted by booming exports and aided by falling US interest rates and the wobbly greenback. The renminbi strengthened 4.4 per cent last year in its biggest annual gain since 2020, and has firmed about 2 per cent…
Read MoreOpec+ to consider bigger hike after Iran strike, delegate says
Published Sat, Feb 28, 2026 · 04:11 PM OPEC+ will consider the option of a larger supply increase when key members meet on Sunday, after Israel launched airstrikes on targets in Iran, according to a delegate. The group led by Saudi Arabia and Russia was expected to resume modest production increases from April after a…
Read MoreOpec+ to weigh bigger hike after Iran strike, delegate says
Published Sat, Feb 28, 2026 · 04:11 PM OPEC+ will consider the option of a larger supply increase when key members meet on Sunday (Mar 1) after the US and Israel launched an attack on Iran, according to a delegate. The group led by Saudi Arabia and Russia was expected to resume modest production increases from…
Read MoreDon Don Donki to shutter Downtown East outlet; March 15 will mark last day of operations
Published Sat, Feb 28, 2026 · 02:35 PM [SINGAPORE] Japanese retail chain Don Don Donki is closing its Downtown East outlet, with its last day of operations being March 15. Announcing the closure in a Facebook post on Feb 27, the retail giant thanked its customers for their support, saying: “We are truly grateful for…
Read MoreMalaysia’s largest pension fund sets 6.15% dividend for 2025
Published Sat, Feb 28, 2026 · 02:20 PM MALAYSIA’S largest pension fund declared a 6.15 per cent dividend for both its conventional and Shariah savings accounts for 2025, a year where unpredictable trade policies whipsawed markets. The Employees Provident Fund will pay RM79.6 billion (S$26 billion) to account holders, according to a statement on Saturday.…
Read MoreMalaysia’s EPF declares 6.15% dividend for 2025
[KUALA LUMPUR] Malaysia’s Employees Provident Fund (EPF), the pension fund for more than 18 million members, declared on Saturday (Feb 28) a 6.15 per cent dividend for both its conventional and syariah savings accounts for 2025. The payout is slightly lower than the 6.3 per cent in 2024 – the highest since 2017 – but…
Read MoreNvidia plans new chip to speed AI processing, WSJ reports
Published Sat, Feb 28, 2026 · 01:38 PM NVIDIA plans to launch a new processor designed to help OpenAI and other customers build faster, more efficient AI systems, the Wall Street Journal reported on Friday, citing people familiar with the matter. Nvidia is developing a new system for “inference” computing, a form of processing that…
Read MoreBMW launches recall over potential fire hazard
Published Sat, Feb 28, 2026 · 10:45 AM [BERLIN] German premium carmaker BMW has launched a recall affecting hundreds of thousands of vehicles worldwide over a potential fire hazard, according to KBA, Germany’s motor vehicle authority. The authority said on its website that 337,374 vehicles of the i7, i5, 5, 7 and M5 series were…
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