Posts by Liam Redmond
Singtel says mechanical fault, software bug behind outages; 600,000 affected
Published Fri, Mar 20, 2026 · 07:50 AM [SINGAPORE] Singtel’s outage on Monday (Mar 16) affected about 600,000 customers and was due to a mechanical fault at one of its network facilities, the telco said on Mar 19. Separately, about 2,000 customers experienced mobile connectivity problems on Mar 17 because of a software bug from a planned…
Read MoreCentral banks stand ready to tackle war-led inflation
Published Fri, Mar 20, 2026 · 06:32 AM [LONDON] Top central banks said on Thursday they stood ready to tackle any surge in inflation with tighter policy, as an escalation in the Iran war put the Middle East’s vital energy infrastructure in the line of fire and pushed fuel prices higher. In a rare coincidence…
Read MoreBrent closes up at US$108.65 but off highs, US crude finishes with small loss
Israel attacked Iran’s South Pars gas field, but Trump said that the US and Qatar were not involved Published Fri, Mar 20, 2026 · 05:55 AM [HOUSTON] Brent crude was up on Thursday but well off session highs of US$119 a barrel while US crude futures finished with a small loss hours after hitting a…
Read MoreBrent up but off highs, US crude finishes with small loss
Published Fri, Mar 20, 2026 · 05:55 AM [HOUSTON] Brent crude was up on Thursday but well off session highs of US$119 a barrel while US crude futures finished with a small loss hours after hitting a session high over US$100 a barrel. Trading was volatile as Iran attacked energy targets overnight in the Middle…
Read MoreUS stocks: Wall Street ends down as traders see no rate cuts before 2027
Published Fri, Mar 20, 2026 · 05:42 AM WALL Street ended lower on Thursday, with declines in Micron Technology and Tesla, as worries about inflation stemming from soaring oil prices left investors pessimistic about the potential for future interest rate cuts. Investors focused on warnings by Federal Reserve Chair Jerome Powell on Wednesday that the…
Read MoreHongkong Land acquires 10.8% stake in Suntec Reit for S$541 million
It says the move aligns with its ‘positive outlook and conviction in Singapore’s prime commercial property market’ [SINGAPORE] Property developer Hongkong Land has acquired a 10.8 per cent stake in Suntec Real Estate Investment Trust (Reit) for S$541 million in its drive to grow its presence in Singapore’s prime commercial sector. In a statement on…
Read MoreXiaomi to invest at least 60 billion yuan in AI over next three years, CEO says
The investment comes as competition in China’s cutthroat chatbot space is being redirected to agents Published Thu, Mar 19, 2026 · 11:03 PM [BEIJING] Chinese smartphone and electric vehicle giant Xiaomi will invest at least 60 billion yuan (S$11.2 billion) in artificial intelligence over the next three years, CEO Lei Jun said on Thursday (Mar…
Read MoreIran attack wipes out 17% of Qatar’s LNG capacity for up to 5 years: QatarEnergy CEO
The repairs will sideline 12.8 million tonnes of liquefied natural gas annually, says Saad al-Kaabi Published Thu, Mar 19, 2026 · 10:35 PM [DUBAI/DOHA] Iranian attacks have knocked out 17 per cent of Qatar’s liquefied natural gas (LNG) export capacity, causing an estimated US$20 billion in lost annual revenue and threatening supplies to Europe and…
Read MoreBessent says US aiming to unsanction Iran oil ‘on the water’
Published Thu, Mar 19, 2026 · 10:11 PM [WASHINGTON] Treasury Secretary Scott Bessent said the US is looking to lift sanctions that it has long imposed on Iranian oil in an effort to ease the spike in energy prices triggered by its war in the Gulf, and could also look at a unilateral release of…
Read MoreWall St opens lower as oil prices gain
Published Thu, Mar 19, 2026 · 09:50 PM [NEW YORK] Wall Street’s main indexes opened lower on Thursday (Mar 19) as crude prices soared on intensifying Middle East hostilities, reviving inflation worries that have prompted the Federal Reserve to take a more cautious stance on interest rate cuts. The rate-sensitive small-caps Russell 2000 index dropped…
Read MoreECB keeps rates on hold as Iran war clouds outlook
It’s monitoring the war and its impact on inflation, both including and excluding energy prices, and growth Published Thu, Mar 19, 2026 · 09:40 PM — Updated Thu, Mar 19, 2026 · 10:50 PM [FRANKFURT] The European Central Bank kept its key interest rate at 2 per cent on Thursday (Mar 19) and warned that…
Read MoreParis appeals court rejects France’s attempt to suspend Shein’s marketplace
The French state had found obscene dolls and banned weapons for sale on the retailer’s website Published Thu, Mar 19, 2026 · 09:25 PM [PARIS] France’s bid to suspend Chinese online retailer Shein’s marketplace was rejected by Paris’ Court of Appeal on Thursday (Mar 19). This is a win for the fast-fashion giant, after a…
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