Posts by Liam Redmond
DBS to launch tokenised physical gold for retail customers in Singapore
[SINGAPORE] DBS announced on Thursday (Jun 11) that tokenised physical gold will be made available to retail customers in Singapore in the second half of 2026. The DBS Physical Gold Token, which will be accessible through the DBS digibank app, is the first such offering in the Republic that enables retail investors to digitally access,…
Read MoreThai long bonds draw funds with steepest curve in emerging Asia
Rate expectations for the Bank of Thailand are more dovish than those of most regional peer Published Thu, Jun 11, 2026 · 10:42 AM THAILAND’S yield curve has shifted to the steepest in emerging Asia, with some investors saying that makes its longer-dated bonds look attractive given a divergence in interest-rate expectations there versus regional…
Read MoreOracle’s AI spending blows past estimates, raising worries over growing debt
Analysts highlight investor concerns over rising debt and negative free cash flow Published Thu, Jun 11, 2026 · 10:29 AM [SAN FRANCISCO] Oracle on Wednesday (Jun 10) forecast capital spending plans for fiscal 2027 above Wall Street estimates, as the cloud computing company said it will also raise more debt in 2027, reflecting the staggering…
Read MoreStocks fall as tensions flare up with new US attacks on Iran
Latest US strikes have injected more volatility into global markets and threaten to further crimp oil supplies Published Thu, Jun 11, 2026 · 10:21 AM — Updated Thu, Jun 11, 2026 · 11:55 AM STOCKS dropped as Middle East tensions flared up with new US attacks on Iran, weighing on markets already grappling with a…
Read MoreOpenAI, Visa team up to let AI agents make purchases online
Published Thu, Jun 11, 2026 · 10:15 AM [NEW YORK] OpenAI and Visa are now allowing artificial intelligence agents to make purchases online after users give their permission, part of an expansion of a previously announced pact between the two technology companies. Visa’s payment services will be integrated into OpenAI’s platform so online retailers can…
Read MoreAir India Ahmedabad crash report to miss one-year deadline with engine probe pending
The crash on Jun 12, 2025, killed 260 people in the world’s deadliest air disaster in a decade Published Thu, Jun 11, 2026 · 09:37 AM INVESTIGATORS will miss Friday’s (Jun 12) one-year deadline to explain why an Air India jet crashed because an examination of the Boeing 787 plane’s engines in the US still…
Read MoreSGX securities turnover value jumps 70% in May amid ‘robust’ trading activity
SDAV for the month increases 79% year on year to S$2.4 billion, the highest level recorded since October 2007 [SINGAPORE] Robust trading activity and sustained investor participation across all market segments propelled Singapore Exchange’s (SGX) securities market turnover value up 70 per cent year on year at S$45.8 billion in May 2026, the local bourse…
Read MoreGold falls for third day as US launches fresh strikes on Iran
The latest attacks underscored Trump’s growing impatience that the two sides have failed to reach an agreement Published Thu, Jun 11, 2026 · 07:41 AM [SINGAPORE] Gold fell for a third day after the US launched fresh strikes against Iran, threatening to extend the war that’s roiled global markets and stoked inflation fears. Bullion dropped…
Read MoreASML to cut fewer jobs than planned after union negotiations
The company is the only producer of cutting-edge lithography machines that are needed to make advanced semiconductors Published Thu, Jun 11, 2026 · 06:46 AM [AMSTERDAM] Chip-equipment maker ASML Holding will cut fewer jobs than planned, with redundancies not expected to take effect until May 1, following negotiations with Dutch trade unions. Staff will be…
Read MoreEuropean shares steady as investors weigh US-Iran flare-up
Published Thu, Jun 11, 2026 · 05:37 AM EUROPE’S Stoxx 600 ended a choppy session little changed on Wednesday (Jun 10), as investors weighed a renewed flare-up in tensions between the US and Iran and looked ahead to the European Central Bank’s (ECB) upcoming monetary policy decision. Crude oil prices were higher and hovered near…
Read MoreUS stocks: Wall Street dips as tech declines, Middle East tensions mount
Published Wed, Jun 10, 2026 · 10:20 PM WALL Street’s major indexes edged lower on Wednesday (Jun 10), as technology stocks extended losses and renewed tensions between the United States and Iran overshadowed a tame inflation reading. Volatility has picked up across stock markets in recent days, as investors contend with a widening array of…
Read MoreGreenback treads water with US-Iran clashes, inflation data in focus
Published Wed, Jun 10, 2026 · 09:11 PM [LONDON] The greenback held steady on Wednesday (Jun 10) as markets remained on edge over the latest clash between the US and Iran, while awaiting closely watched US inflation data that could provide clues on the Federal Reserve’s interest rate path. US President Donald Trump said on…
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