Posts by Liam Redmond
US airline CEOs urge Congress to end stand-off, pay airport security officers
The partial government shutdown comes amid an expected record-breaking spring travel period Published Sun, Mar 15, 2026 · 06:17 PM [WASHINGTON] The CEOs of major US airlines urged Congress on Sunday (Mar 15) to move quickly to end a 29-day partial government shutdown that has forced 50,000 airport security officers to work without pay, warning…
Read MoreOil poised for further gains as Middle East conflict threatens export facilities
Published Sun, Mar 15, 2026 · 05:59 PM [SINGAPORE] Oil prices could extend gains at Monday’s (Mar 16) open with the US-Israeli war against Iran having entered a third week, putting oil infrastructure at risk and keeping the Strait of Hormuz shut in the world’s largest supply disruption. US President Donald Trump threatened further strikes…
Read MoreJapan to release oil stocks as US says buy American
Published Sun, Mar 15, 2026 · 04:07 PM [TOKYO] Japan plans to start releasing oil from its stockpiles on Monday (Mar 16) to soften the shock from the US-Israeli war on Iran, a stark reminder of the oil crisis half a century ago that prompted Tokyo to create reserves. As petrol prices across Japan started…
Read MoreNasdaq-listed Marex plans more acquisitions, with new Japan office to expand Asia-Pacific presence
Amid geopolitical uncertainty, the firm is being ‘more proactive’ with clients [SINGAPORE] Nasdaq-listed global financial services platform Marex is stepping up its focus on the Asia-Pacific with plans to open an office in Japan this year. The London-based firm was founded in 2005 and listed on the Nasdaq in 2024. Marex provides liquidity, market access…
Read MoreJapanese food chain Itacho Sushi shuts all outlets in Singapore
Published Sun, Mar 15, 2026 · 01:21 PM [SINGAPORE] Japanese restaurant chain Itacho Sushi appears to have shuttered all its outlets in Singapore, following a spate of closures here in the past year. As at Mar 15, the four remaining Itacho Sushi outlets were listed on Google Maps as permanently closed. These outlets were located…
Read MoreInstitutional outflows persist as buybacks sustain and insiders accumulate
[SINGAPORE] For the five trading sessions spanning Mar 6 to 12, institutions were net sellers of Singapore stocks, with net institutional outflow of S$156 million. This took the accumulated net outflow for the first quarter of 2026 to Mar 12 to S$304 million. The stocks that had the highest net institutional outflow over the five…
Read MoreWar risk insurance returns to Strait of Hormuz – at a price
Daily charter rates for oil supertankers have quadrupled within a week to nearly US$800,000 Published Sun, Mar 15, 2026 · 10:10 AM A TENTATIVE solution for war risk insurance has emerged for vessels transiting the Strait of Hormuz. But with daily charter rates for oil supertankers quadrupling within a week to nearly US$800,000, it remains…
Read MoreCommentary: My promise to you: AI didn’t write this column, and if it’s after my job, it’ll be over my dead body
For quite a while now, someone has been living inside my computer, writing emails for me. I don’t recall signing up for this artificial intelligence feature, which is like having a word valet. It’s in my phone, too, which offers three serviceable but impersonal responses I can fire off to someone who has just sent…
Read MoreRetail oil traders spark ETF boom amid institutional slump
Published Sat, Mar 14, 2026 · 03:30 PM [NEW YORK] Anthony Sandford knew it was time to jump back into the energy sector when US war planes first cast shadows over Tehran in late February. A week later, the Minneapolis-based day trader bought June call options on the XLE – an exchange-traded fund (ETF) that…
Read MoreWhy a strike on Iran’s Kharg Island would shake oil markets
Published Sat, Mar 14, 2026 · 02:28 PM [CAPE TOWN] Iran’s oil exports hinge on a small outpost in the Persian Gulf: Kharg Island, the loading point for almost all of the country’s crude shipments. The US and Israel have pummelled Iran with airstrikes since Feb 28 and oil shipments from the energy-rich region have…
Read MoreIran oil hub strike raises risk of further disruptions to supply
Published Sat, Mar 14, 2026 · 12:39 PM [SINGAPORE] The first major attack on an island that exports the bulk of Iran’s oil threatens the lifeblood of the Islamic Republic, as well as global supplies in a market already rocked by the two-week-old conflict in the Middle East. The US bombed military targets on Kharg…
Read MoreEuropean shares log second week of losses as Middle East war fuels inflation fears
Published Sat, Mar 14, 2026 · 12:14 PM [BENGALURU] European shares extended their declines on Friday (Mar 13) and marked their second consecutive weekly loss, as the escalating conflict in the Middle East and inflation worries dented risk appetite. The pan-European benchmark Stoxx 600 closed 0.5 per cent lower. All major regional bourses were in…
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