Posts by Liam Redmond
Saudi Aramco helicopter crash kills 14 nationals
This comes as Middle East producers ramped up oil and gas output and exports ahead of the US-Iran peace deal Published Sun, Jun 28, 2026 · 09:15 PM [DUBAI] A helicopter belonging to Saudi oil giant Aramco crashed on Sunday (Jun 28) in Ras Tanura on Saudi Arabia’s eastern coast on the Gulf, west of…
Read MoreEurope’s hunt for AI stocks leads to power suppliers and banks
Published Sun, Jun 28, 2026 · 08:41 PM INVESTORS who want additional exposure to artificial intelligence in Europe are getting creative, searching out companies that enable the technology or stand to benefit from it as the usual suspects get more pricey. While markets in the US and Asia are chock full of AI and memory…
Read MoreJustCo’s dismal debut: Did institutional investors misjudge the company’s public market value?
Despite pivoting to profitability and laying out growth plans, its shares have slumped 42.6% below their IPO price [SINGAPORE] Some investors may have been heartened by JustCo’s announcement last week that it will open a new co-working centre in Singapore’s Central Business District. The provider of flexible workspaces came to market last month following an…
Read MoreAI bust risks ripple effects from growth to credit, BIS says
Published Sun, Jun 28, 2026 · 06:18 PM AN ARTIFICIAL-INTELLIGENCE bust, inflation and fiscal stress are among the most alarming threats to global prosperity at present, the Bank for International Settlements (BIS) warned. In its annual report published on Sunday (Jun 28), the Basel-based institution cited those on a list of “pressure points” that currently…
Read MoreAI fever powers Hong Kong share sales through hurdles to 5-year high
IPOs, placements and block trades raise almost US$44 billion in H1 2026, up 29% year on year Published Sun, Jun 28, 2026 · 06:16 PM [HONG KONG] Hong Kong share sales surged to a five-year high in the first half of 2026 as investor enthusiasm around the artificial intelligence boom overpowered the drag of a…
Read MoreSwipeless online dating? How AI is reshaping the search for love
Tired of the same old dating apps like Bumble and Hinge, Marie Lansley tried talking to an artificial intelligence matchmaker. For roughly 15 minutes, she chatted with an AI voice on the dating app Known, answering questions about her upbringing, personality, education, lessons from past relationships and whether she’s looking for a serious relationship or…
Read MoreGreenback declines for second straight day but set for weekly gain
Published Sun, Jun 28, 2026 · 05:37 PM THE US dollar fell for a second straight session on Friday (Jun 26) as recent economic data and a drop in oil prices slightly cooled expectations for Federal Reserve rate hikes, although the yen remained in territory that left it primed for an intervention. Despite the recent…
Read MoreSoaring iPad, Xbox prices reveal pain of memory chip mess
Published Sun, Jun 28, 2026 · 05:22 PM [SEATTLE] Within a span of five hours on Thursday (Jun 25), Apple and Microsoft hiked the prices for such popular products as Xbox video-game consoles, Macs and iPads. Both companies blamed an unprecedented shortage of memory chips driven by the artificial intelligence boom. And despite high-profile efforts…
Read MoreA-Sonic Aerospace hunts for Asean acquisitions, makes tech foray as it charts next phase of growth
[SINGAPORE] As A-Sonic Aerospace ventures beyond its aviation and logistics roots into the information technology space, the mainboard-listed company is looking closer to home for growth, actively scouting for acquisition targets with an established Asean footprint. South-east Asia is where the growth is, said chief executive and chairperson Janet Tan, noting that the group’s strategy…
Read MoreDirector accumulation extends across established and newly listed counters
More than 70 director interests and substantial shareholdings were filed for over 30 primary-listed stocks [SINGAPORE] Director and CEO activity remained active over the five sessions to Jun 25, with accumulation spanning both incremental stake increases and multiple on-market transactions. Companies including Soon Hock Enterprise recorded further increases to substantial shareholdings, while JustCo Holdings and…
Read MoreOpenAI defers public rollout of GPT‑5.6 as US seeks early access to frontier AI models
The decision underscores growing concern in Washington over the national security risks posed by powerful AI systems Published Sat, Jun 27, 2026 · 02:58 PM [BENGALURU] OpenAI said on Friday (Jun 26) it was delaying a full public launch of GPT-5.6 at the US government’s request, limiting the AI model’s initial access to a small…
Read MoreChina Eastern Airlines to buy 25 Airbus A330neo jets for list price of US$9.4 billion
Published Sat, Jun 27, 2026 · 01:49 PM HONG KONG/PARIS] China Eastern Airlines said on Friday (Jun 26) it plans to buy 25 A330neo jets from Airbus for a catalogue price of about US$9.35 billion, as the Chinese carrier expands its widebody fleet to serve more international routes. The aircraft are scheduled to be delivered…
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