Posts by Liam Redmond
Sats posts 31% rise in Q4 profit despite impact of Middle East conflict
Its board proposes a final dividend of S$0.05 a share, up from S$0.035 in the year before [SINGAPORE] In-flight caterer Sats on Monday (May 25) reported a net profit of S$50.7 million for its fourth quarter ended Mar 31, up 31 per cent from S$38.7 million for the corresponding period a year earlier. This translated…
Read MoreGovernance, workforce gaps hinder companies’ AI adoption despite rising investments: KPMG
It launches Trusted Artificial Intelligence Centre of Excellence to help firms strengthen governance and workforce readiness [SINGAPORE] More than seven in 10 CEOs rank artificial intelligence as a top investment priority, yet many companies are struggling to scale adoption due to gaps in governance, data readiness and workforce capability, according to KPMG’s 2025 Global CEO…
Read MoreOnly 15% of workers in Singapore feel their jobs are safe amid AI-driven anxieties: survey
[SINGAPORE] Less than one-fifth of workers in Singapore feel their jobs are secure, reflecting growing anxiety over how artificial intelligence and workplace transformation could reshape careers, ADP said in its People at Work 2026 report. The 15 per cent figure falls below the Asia-Pacific average of 18 per cent and the global average of 22…
Read MoreSingapore stocks rise on Monday amid buzz over potential US-Iran deal; STI up 0.1%
Across the broader market, gainers beat losers 286 to 161, after 1.5 billion securities change hands Published Mon, May 25, 2026 · 06:47 PM [SINGAPORE] Singapore stocks ended higher on Monday (May 25) while regional markets closed mixed, as the possibility of a US-Iran deal that could reopen the Strait of Hormuz loomed. The benchmark…
Read MorePope Leo warns AI should be prevented from ‘dominating humanity’
Published Mon, May 25, 2026 · 06:44 PM POPE Leo XIV said artificial intelligence should be “disarmed” to protect humanity from its dangers, adding his voice to a heated debate over the extent to which governments should regulate a technology that is reshaping the world. In a landmark address to the Catholic Church, the pope…
Read MoreEuropean shares climb to over two-month highs on Iran-US peace optimism
Published Mon, May 25, 2026 · 05:15 PM EUROPEAN shares hit their highest in more than two months on Monday, buoyed by signs Iran and the US were negotiating an end to their conflict, easing concerns about inflation and a global economic slowdown. The pan-European Stoxx 600 was up 0.67 per cent at 629.28 points at 0818…
Read MoreERP charges may resume in Orchard Road if congestion in the area worsens: LTA
Published Mon, May 25, 2026 · 04:10 PM [SINGAPORE] Electronic Road Pricing (ERP) operations may return to the Orchard Road area if congestion in the shopping district worsens, the Land Transport Authority (LTA) said in a statement on May 25. LTA said it has been closely monitoring traffic conditions and is considering reinstating ERP operations for the…
Read MoreECB convening bank meeting to fix flaws exposed by AI models: report
Published Mon, May 25, 2026 · 04:10 PM THE European Central Bank (ECB) plans to press lenders to accelerate efforts to secure their IT systems after organising a meeting on cybersecurity risks with the latest artificial intelligence models, the Financial Times reported. “There is a whole range of issues on cyber security that we have…
Read MoreJapan bond yield surge deepens regional bank stock divide
Lenders with holdings vulnerable to higher yields are being punished by investors for unrealised losses Published Mon, May 25, 2026 · 03:50 PM JAPAN’S rising bond yields are likely to widen the stock performance gap between regional lenders with weaker investment portfolios and those with stronger holdings, according to analysts. Higher interest rates often work…
Read MoreSoftBank taps retail investors with US$1.6 billion yen bond deal
The company faces massive funding needs tied to AI infrastructure spending and other investments Published Mon, May 25, 2026 · 03:50 PM SOFTBANK plans to raise 260 billion yen (S$2 billion) through another sale of subordinated bonds aimed mainly at individual investors, about two months after a similar retail offering. The bonds mature in 35…
Read MoreAustralian shares notch two-week closing peak on Middle East peace hopes
Published Mon, May 25, 2026 · 03:32 PM [SYDNEY] Australian shares ended at a two-week high on Monday (May 25), led by commodity stocks as investors pinned hopes on a breakthrough in US-Iran peace talks. The S&P/ASX 200 index rose 0.4 per cent to 8,692 at the close, its highest since May 11, extending gains…
Read MoreAddvalue Tech rises 14.5% on H2 earnings surge
[SINGAPORE] Shares of Addvalue Technologies rose on Monday (May 25) morning after the mainboard-listed company reported higher net profit for its second half ended Mar 31. The stock rose 14.5 per cent or S$0.02 to S$0.158 as at 11.59 am on Monday, with 200.1 million shares changing hands. By the midday trading break, it had…
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