Posts by Liam Redmond
Networking without networking: Why effective directors rely less on cocktails and more on credibility
The networks of effective directors are grounded in credibility rather than convenience INDEPENDENT directors are expected to exercise autonomy in decision-making, oversight and thinking. Independence is rightly a cornerstone of good governance. An effective director should exercise critical evaluation independently and make decisions based on valid, factual information, rather than be swayed by groupthink (social…
Read MoreNetflix buys Ben Affleck’s AI film tech company, InterPositive
In 2022, Ben Affleck became so fixated on AI in film production that he quietly launched his own film tech company, InterPositive. Netflix brought the startup into the spotlight Thursday morning as it announced the full acquisition of the company. InterPositive’s mission, which focuses on developing “AI-powered tools built by and for filmmakers” and using…
Read MoreMapletree Investments sells US logistics portfolio to EQT for US$575 million
[SINGAPORE] Mapletree Investments announced on Thursday (Mar 5) the sale of a 4.4 million-square-foot portfolio of 25 warehouses in the United States to EQT Real Estate for US$575 million. The Singapore headquartered property development, investment and management group said in a statement that the divested properties are in the east coast, in states such as…
Read MoreBerkshire’s CEO Greg Abel vows to use all his pay to buy firm’s stock
Published Thu, Mar 5, 2026 · 11:15 PM [NEW YORK] Berkshire Hathaway chief executive officer Greg Abel said he will use all of his take-home pay to acquire the conglomerate’s stock for as long as he’s in the role. To that end, Abel bought up about US$15.3 million of the shares this week, according to…
Read MoreBYD unveils faster-charging Blade Battery to revive China sales
Published Thu, Mar 5, 2026 · 10:52 PM [BEIJING/SHANGHAI] BYD unveiled its first major battery upgrade in six years on Thursday (Mar 5), as the Chinese electric vehicle maker seeks to regain momentum in a highly competitive domestic market after a steep sales slump. The second-generation Blade Battery can charge rapidly from 20 per cent…
Read MoreWall Street edges lower as investors weigh Middle East war risks
The tech-led recovery in the prior session helps the Nasdaq recover all weekly losses Published Thu, Mar 5, 2026 · 10:48 PM — Updated Thu, Mar 5, 2026 · 11:29 PM [NEW YORK] Wall Street’s main indexes edged lower on Thursday (Mar 5) as the Middle East conflict entered its sixth day, raising concerns of…
Read MoreHongkong Land’s underlying profit down 8% at US$458 million for FY2025
Earnings per share stood at US$0.5785 from a loss per share of US$0.6276 in the year before [SINGAPORE] Property developer Hongkong Land on Thursday (Mar 5) posted an underlying profit of US$458 million for the financial year ended Dec 31, down 8 per cent from US$499 million in the previous financial year. Revenue declined to…
Read MoreThailand to boost fuel reserves, bids to secure LNG amid Iran crisis
Published Thu, Mar 5, 2026 · 08:36 PM [BANGKOK] Thailand’s Prime Minister Anutin Charnvirakul convened a meeting of energy agencies on Thursday (Mar 5) as fears grew over supply if the war with Iran disrupts global shipment, spurring Bangkok to raise fuel reserves and rush to secure energy supplies. Thailand has about 95 days of…
Read MoreAscendas Hospitality Reit loses S$6.2 million hotel refurbishment claim against Park Hotel liquidators
The Reit, which is now part of CapitaLand Ascott Trust, may still refile the claim with supporting income documents [SINGAPORE] The Court of Appeal has rejected S$6.2 million from Ascendas Hospitality Reit’s (AH-Reit) S$32.1 million claim against the shuttered Park Hotel Clarke Quay, finding that the income losses arising from a voluntary refurbishment exercise are…
Read MoreIran war punctures strategy of ‘Sell America, Buy Asia’
Despite a rebound on Thursday, the MSCI Asia-Pacific Index has tumbled about 6% this week [HONG KONG] The war in Iran is forcing investors to reevaluate one of their most profitable stock strategies, leading some to conclude that the “Sell America, Buy Asia” trade has reached an inflection point. Despite a rebound on Thursday (Mar…
Read MoreCapitaLand Ascott Trust to be replaced by SIA Engineering on STI reserve list
[SINGAPORE] There will be no changes to the 30 constituents of the Straits Times Index (STI) after the latest quarterly review, said index administrator FTSE Russell on Thursday (Mar 5). However, SIA Engineering – the engineering arm of national carrier Singapore Airlines (SIA) – will replace CapitaLand Ascott Trust on the reserve list come Mar…
Read MoreHow our AI bots are ignoring their programming and giving hackers superpowers
Welcome to the age of AI hacking, in which the right prompts make amateurs into master hackers. A group of cybercriminals recently used off-the-shelf artificial intelligence chatbots to steal data on nearly 200 million taxpayers. The bots provided the code and ready-to-execute plans to bypass firewalls. Although they were explicitly programmed to refuse to help…
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