Posts by Liam Redmond
Ford to stop importing SUV model shipped from China to US amid Trump’s reshoring push
The US president has pressured automakers to shift more production home, imposing higher tariffs on imported cars and parts Published Thu, Aug 13, 2026 · 09:07 AM Ford Motor will stop importing the one model it ships into the US from China, with the automaker shifting production of the Lincoln sport utility vehicles (SUV) to…
Read MoreST Engineering H1 net profit rises 27.1% to S$512.1 million on strong segment growth
[SINGAPORE] ST Engineering posted a 27.1 per cent rise in net profit to S$512.1 million for its first half ended Jun 30, 2026, from S$402.8 million in the previous corresponding period. This was mainly due to growth across all business segments, and reflected a “more favourable business mix”, the group said on Thursday (Aug 13).…
Read MoreTrump sued over service that offers paid early access to Truth Social posts
Plaintiffs call the Truth API service ‘profoundly corrupt’ as the president stands to gain financially when subscribers sign up Published Thu, Aug 13, 2026 · 06:46 AM [NEW YORK] US President Donald Trump was sued on Wednesday (Aug 12) by two media entities seeking to shut down a new service that sells paid access to…
Read MoreS&P 500 ends higher as CoreWeave results fuel AI optimism
Mild inflation data reinforces bets that the US Federal Reserve will hold interest rates steady in September Published Thu, Aug 13, 2026 · 06:03 AM [SAN FRANCISCO] The S&P 500 and the Nasdaq ended higher on Wednesday (Aug 12), lifted by upbeat quarterly results from CoreWeave and other artificial intelligence infrastructure firms. This was while…
Read MoreAEM’s H1 net profit rises 10 times to S$30.8 million on stronger AI chip demand
Earnings per share come in at S$0.0979 for the half-year, from S$0.0098 in the first half of 2025 [SINGAPORE] Semiconductor test-equipment maker AEM posted a net profit of S$31 million for the half year ended Jun 30, up from S$3.1 million in the previous corresponding period, on the back of stronger demand for its test…
Read MoreFood Empire returns to the black in H1 with US$35.4 million net profit
[SINGAPORE] Food Empire returned to the black for the first half-year with a net profit of US$35.4 million, driven by revenue growth across all six of the group’s geographical segments. The mainboard-listed instant beverage maker posted a net loss of US$1.5 million in the corresponding year-ago period, as its results were dragged down by a…
Read MoreCenturion H1 net profit drops 64% to S$26.5 million
It faced higher net fair value losses on investment properties and a share of losses from associated companies [SINGAPORE] Centurion Corporation reported a 64 per cent drop in net profit for its first half ended Jun 30, falling to S$26.5 million from S$73.9 million in the corresponding year-ago period. This comes on the back of…
Read MoreGlobal 2026 oil supply shortfall to deepen as Hormuz reopening remains elusive
“Global oil supply has fallen well below demand” the IEA said in a monthly report Published Wed, Aug 12, 2026 · 10:22 PM [LONDON] Global oil supply will fall by 4.3 million barrels per day, or around 4 per cent, this year, the International Energy Agency said on Wednesday (Aug 12), as renewed hostilities in…
Read MoreUltraGreen.ai net profit rises 53% to US$39.2 million in H1, led by higher sales growth
[SINGAPORE] UltraGreen.ai, which develops fluorescence-guided surgery technology and supplies indocyanine green (ICG) dyes, posted a 53 per cent rise in net profit to US$39.2 million for the six months ended Jun 30, 2026, from US$25.7 million in the year-ago period. This was driven by stronger sales of its ICG pharmaceutical products, the mainboard-listed group said…
Read MoreS&P 500, Nasdaq open higher after inflation data, earnings boost
Published Wed, Aug 12, 2026 · 09:45 PM [NEW YORK] The S&P 500 and the Nasdaq opened higher on Wednesday (Aug 12) as investors assessed largely in-line inflation data, while upbeat earnings from some AI infrastructure companies provided additional support. The Dow Jones Industrial Average rose 5.6 points, or 0.01 per cent, at the open…
Read MoreSGX securities trading value for July rises 37% year on year to S$46.2 billion
The STI is up 8.9% at 5,628.5 during the month – its biggest month-on-month rise in more than five years [SINGAPORE] The Singapore Exchange ’s securities market turnover rose 37 per cent year on year in July to S$46.2 billion, a bourse filing on Wednesday (Aug 12) said. The securities daily average value (SDAV) was…
Read MoreIndia’s Tata Motors posts 8.3% quarterly profit rise on higher demand
Published Wed, Aug 12, 2026 · 08:43 PM [NEW DELHI] Tata Motors reported an 8.3 per cent increase in quarterly profit on Wednesday (Aug 12), aided by demand from infrastructure, logistics and freight customers, which helped counter an uptick in commodity costs. The results come hours after Tata Sons’ chairman N Chandrasekaran said that he…
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