Posts by Liam Redmond
Gold steady as US-Iran signals keep rate hike bets simmering
Published Fri, May 22, 2026 · 09:01 AM [MELBOURNE] Gold moved in a narrow range as conflicting signals on the progress of US-Iran ceasefire talks continued to keep traders guessing over whether central banks may need to keep interest rates higher for longer to combat inflation. Bullion was trading around US$4,540 an ounce, little changed…
Read MoreVista Global sees 25% rise in Apac private jet traffic; Malaysia emerging as key Asean destination
Shanghai and Hong Kong are among the business aviation group’s top destinations by volume [SINGAPORE] Vista Global’s annual flight traffic from the Asia-Pacific region rose 25 per cent year on year in 2025, the business aviation group said on Thursday (May 21). The Greater China region, in particular, recorded 32 per cent growth in annual…
Read MoreTrump will swear in Kevin Warsh on May 22 to lead US Federal Reserve
Published Fri, May 22, 2026 · 08:35 AM [WASHINGTON] US President Donald Trump will swear in Kevin Warsh as the chair of the US Federal Reserve on Friday (May 22) at the White House, the Trump administration said on Thursday. Warsh was confirmed to the role in a near party-line vote on May 13. He…
Read MoreStocks to watch: Keppel, Nio, SIA Engineering Company, Sri Trang Gloves, Aims Apac Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (May 22): Source link
Read MoreGoldman Sachs to pay US$500 million to settle shareholder lawsuit over 1MDB scandal
Shareholders accuse the bank of lying about its role in the fraud while repeatedly touting its supposedly robust risk management Published Fri, May 22, 2026 · 07:59 AM [NEW YORK] Goldman Sachs has agreed to pay US$500 million to settle a class action lawsuit accusing the Wall Street bank of defrauding shareholders about its work…
Read MoreKeppel, Tuas confirm M1-Simba deal dead in the water
This comes after conditions for the transaction were not met by the extended long-stop date [SINGAPORE] Keppel and Tuas Ltd confirmed on Friday (May 22) that the proposed divestment of M1’s telecommunications business to Simba Telecom had fallen through. Tuas Ltd – the Australian-listed parent company of Simba – said that it had terminated the…
Read MoreSingapore-based Digital Edge closes US$575 million loan to fund Asia-Pacific expansion
The company will use the money to continue expanding in markets including South Korea, Japan, India and South-east Asia Published Fri, May 22, 2026 · 07:54 AM [SINGAPORE] Digital Edge, a Singapore-based data centre company backed by US-based investor Stonepeak, has closed its first US$575 million holding company loan to fund expansion in Asia-Pacific markets,…
Read MoreOil prices rise as investors doubt breakthrough in US-Iran peace talks
Six weeks since a fragile ceasefire took effect, efforts to end the war have shown little progress Published Fri, May 22, 2026 · 06:18 AM — Updated Fri, May 22, 2026 · 01:57 PM [SINGAPORE] Oil prices climbed on Friday (May 22) but were on track for a weekly loss as investors doubted the prospects…
Read MoreOil prices close 2% lower on uncertain prospects for US-Iran deal
Published Fri, May 22, 2026 · 06:18 AM [NEW YORK] Oil prices were volatile on Thursday (May 21), ultimately settling about 2 per cent lower as uncertainty over prospects for resolving the US-Israeli conflict with Iran weighed on the market. Brent crude futures settled at US$102.58 a barrel, down US$2.44, or 2.3 per cent on…
Read MoreWall Street indexes end slightly higher as investors focus on Middle East peace hopes
Published Fri, May 22, 2026 · 06:00 AM [NEW YORK] Wall Street’s three main indexes closed slightly higher after Thursday’s (May 21) choppy session as oil prices lost ground, with some officials citing progress in US-Iran peace talks even as both sides took opposing stances over Teheran’s uranium stockpile and control of the Strait of…
Read MoreEuropean equities end flat as investors await Middle East peace updates
Despite a recovery from lows hit during the conflict, European equities have struggled to bounce back to pre-war levels Published Fri, May 22, 2026 · 05:42 AM [BENGALURU] European shares ended flat on Thursday (May 21), pausing after strong gains in the previous session as investors awaited progress on US-Iran peace negotiations. The pan-European Stoxx…
Read MoreTeo Siong Seng price-fixing allegation: PIL declines comment on Singamas’ legal matters
Singamas Container Holdings’ share price falls 13.6% on news of a collusion among execs of 4 key container makers [SINGAPORE] Singapore shipping veteran Teo Siong Seng has been accused by the US Department of Justice (DOJ) of conspiring with representatives of some of the world’s major container makers to fix the prices of containers, sending…
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