Posts by Liam Redmond
Grab announces a slew of new products; doubles down on AI
[SINGAPORE] Grab launched a slew of new products powered by artificial intelligence (AI) at its annual product showcase, GrabX 2026, on Wednesday (Apr 8). The products launched are focused around consumers, travel and merchants. On the merchant front, the super app platform is launching a Virtual Store Manager, which allows merchants to integrate AI into…
Read MoreJet fuel prices will take months to stabilise, airline CEOs say
The threat of supply shortages in some regions has forced some airlines to reduce services Published Wed, Apr 8, 2026 · 12:10 PM [HONG KONG] Jet fuel prices will still take months to normalise, Asian airline bosses said, even after Iran agreed to open the Strait of Hormuz as part of a two-week ceasefire deal…
Read MorePhilippine carriers suspend more Middle East flights amid war
Published Wed, Apr 8, 2026 · 11:03 AM [MANILA] Philippine carriers have suspended more flights to the Middle East, as the airlines exercise caution amid continuing security risks due to the US-Iran conflict. Budget airline Cebu Air, in a post on its Facebook account, said that it cancelled flights to and from Dubai until Apr…
Read MoreFTSE keeps Indonesia’s market status amid ongoing reforms
Published Wed, Apr 8, 2026 · 10:06 AM [SINGAPORE] FTSE Russell will “closely monitor” Indonesia’s capital market reforms after the postponement of a March index review of the nation’s equities, as regulators seek to avert a possible downgrade by MSCI Inc. The index compiler said it is not considering Indonesia for inclusion on the watch…
Read MorePimco weighs US$14 billion debt deal for Oracle data centre
Bank of America has spent months trying to assemble the financing for Related Digital, the developer behind the project Published Wed, Apr 8, 2026 · 09:01 AM [LOS ANGELES] Pacific Investment Management Company (Pimco) is in talks with Bank of America to help provide roughly US$14 billion of debt financing to build a massive Oracle…
Read MoreGold climbs after Trump agrees to two-week ceasefire in Iran
Bond traders expect the US Federal Reserve to keep borrowing costs steady through the rest of the year Published Wed, Apr 8, 2026 · 08:05 AM [SINGAPORE] Gold rose after US President Donald Trump said that he had agreed to a two-week extension to finalise talks on ending the war in Iran. Bullion climbed as…
Read MoreA formal ‘say on pay’ may be more effective than better disclosure
This gives shareholders the right to vote on executive pay to ensure it actually aligns with performance [SINGAPORE] Last week, The Business Times’ senior correspondent Ben Paul wondered aloud in his Mark to Market column if CEOs are being paid too much, and for good reason too. Some of the numbers from a recent study of Singapore…
Read MoreBrent settles down on economic worries, US crude up ahead of Trump deadline for Iran
Published Wed, Apr 8, 2026 · 06:03 AM [NEW YORK] Oil prices settled mixed on Tuesday, with Brent down on worries that high energy prices could slow economic growth, while US crude closed at its highest since 2022 ahead of US President Donald Trump’s deadline for Iran to open the Strait of Hormuz. Brent futures fell 50…
Read MoreIran attempting cyber attacks against U.S. critical infrastructure, officials say
WASHINGTON — U.S. intelligence agencies are “urgently warning” private sector companies throughout the nation that Iranian actors “are conducting exploitation activity” that has resulted in “disruptions across several U.S. critical infrastructure,” according to a government notice reviewed by The Times. The Iranian cyberactivity comes as President Trump is threatening to target Iran’s critical infrastructure in the coming…
Read MoreSIC to take no further action against Popiah King Sam Goi on breach of takeover code
Goi says he misunderstood the provisions of the code; the council is also factoring in his cooperation and remedial actions [SINGAPORE] The Securities Industry Council (SIC) will take no further action against PSC Corporation’s Sam Goi for his 2023 breach of a rule in the Singapore code on takeovers and mergers, it said on Tuesday…
Read MoreThe risks in Asia’s AI rush
Panellists warn that energy dependence, governance gaps and overtrust could derail AI’s promise in Asia ASIA’S artificial intelligence (AI) ambitions face risks that range from surging energy costs and governance gaps to overtrust, industry leaders warned at an investment conference in Singapore on Tuesday (Apr 7). They were sharing their views in a panel discussion…
Read MoreIntel joins Musk’s Terafab AI chip project to power humanoid, data center goals
The partnership is set to boost investor confidence as the chipmaker’s turnaround efforts gather steam Published Tue, Apr 7, 2026 · 10:50 PM [SANTA CLARA, California] Intel said on Tuesday (Apr 7) it will join Elon Musk’s Terafab AI chip complex project with SpaceX and Tesla to make processors powering the tech billionaire’s robotics and…
Read More