Posts by Liam Redmond
Singapore’s Sea sets up AI investment team as part of tech pivot beyond e-commerce
Sea has been embedding AI in small ways like through product recommendations and seller tools Published Fri, May 29, 2026 · 01:40 PM SEA has set up a dedicated team to scout for new investments in AI, part of a broader effort to accelerate forays into the technology as it hunts for its next growth…
Read MoreSingapore’s Sea sets up AI investment team as part of pivot beyond e-commerce
Sea has been embedding AI in small ways, like through product recommendations and seller tools Published Fri, May 29, 2026 · 01:40 PM — Updated Fri, May 29, 2026 · 08:19 PM SEA has set up a dedicated team to scout for new investments in artificial intelligence, part of a broader effort to accelerate forays into the technology…
Read MoreKPMG Australia CEO and audit head quit over whistleblower investigation
The accounting firm audits some of Australia’s biggest companies, including major banks Published Fri, May 29, 2026 · 01:25 PM [SYDNEY] Accounting firm KPMG Australia said on Friday (May 29) that its CEO and head of audit had resigned because of shortcomings in the handling of a whistleblower’s complaints about sharing client data, in a…
Read MoreAggressive Asia hikes show few signs of stabilising currencies
Published Fri, May 29, 2026 · 12:51 PM ASIAN central banks are turning to ever more aggressive interest-rate hikes to shore up currencies, though there are few signs of success. The Sri Lankan rupee advanced more than 1 per cent after a larger-than-expected 100-basis-point increase this week, but it has since surrendered those gains and…
Read MoreFoxconn has immense confidence in growth momentum due to AI, chairman says
The company is Nvidia’s biggest server maker and Apple’s top iPhone assembler Published Fri, May 29, 2026 · 12:13 PM [NEW TAIPEI] Taiwan’s Foxconn, the world’s largest contract electronics manufacturer, has immense confidence in its growth momentum because of soaring AI demand, chairman Young Liu said on Friday (May 29). The traditional mid-year seasonal slump…
Read MoreGIC-backed Coda Payments secures MAS major payment institution licence
It can conduct multiple transactions without being subject to certain threshold limits on volume or float [SINGAPORE] GIC-backed payments firm Coda Payments has received approval from the Monetary Authority of Singapore (MAS) for its major payment institution licence, it announced on Friday (May 29). The full authorisation follows an earlier in-principle approval granted by the…
Read MoreSpaceX lowers IPO valuation target to at least US$1.8 trillion
The company expects to make its debut on Nasdaq and Nasdaq Texas under the symbol SPCX Published Fri, May 29, 2026 · 10:31 AM [SAN FRANCISCO] SpaceX is currently targeting a valuation of at least US$1.8 trillion in its initial public offering, according to sources familiar with the matter, as Elon Musk’s company promising data…
Read MoreSGX-listed Jardine Matheson eyes more Asia deals after US$10 billion spree to revamp empire
The company and its subsidiaries are shedding capital-intensive assets across sectors Published Fri, May 29, 2026 · 09:45 AM [HONG KONG] Jardine Matheson Holdings (JMH), which has a primary listing on the London Stock Exchange and secondary listing on the Singapore Exchange, is considering selling more assets as part of an overhaul to transform the…
Read MoreSamsung takes lead in shipping top-end AI memory chip samples
The company says that it has started shipping its first 12-layer HBM4E samples to major clients Published Fri, May 29, 2026 · 09:10 AM [SEOUL] Samsung Electronics has begun shipping samples of the industry’s most advanced memory to customers, taking an early lead in a race to supply the essential components for artificial intelligence accelerators…
Read MoreTokyo inflation slowdown unlikely to derail Bank of Japan rate hike
Published Fri, May 29, 2026 · 08:44 AM — Updated Fri, May 29, 2026 · 11:21 AM [TOKYO] Tokyo’s key inflation gauge unexpectedly cooled to the slowest pace in four years, complicating the messaging while not necessarily derailing an expected interest-rate hike from the Bank of Japan (BOJ) as early as next month. The consumer…
Read MoreStocks to watch: ST Engineering, Seatrium, Keppel, Clas, OKP
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (May 29): Source link
Read MoreSeatrium eyes S$28 billion in project opportunities amid global race for energy security
[SINGAPORE] Offshore and marine player Seatrium is eyeing more than S$28 billion in project opportunities over the next two years, as the Middle East conflict escalates the global race to secure energy supply. Higher oil prices are providing “a supportive environment for offshore energy infrastructure investments”, said Seatrium CEO Chris Ong on Friday (May 29).…
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