Posts by Liam Redmond
CSE Global shares jump on strategic review news
Review includes ‘possible transactions involving the company’s shares and/or all or part of the company’s business and assets’ [SINGAPORE] Shares of CSE Global jumped on Friday (Mar 6) on the previous day’s news of a “strategic review”, which could include a full sale of the company. The counter was up as much as 12.7 per…
Read MoreFederal Reserve’s Goolsbee touts importance of central bank independence
Published Fri, Mar 6, 2026 · 09:00 AM [NEW YORK] Federal Reserve Bank of Chicago President Austan Goolsbee said on Thursday that central bank independence is very important for controlling inflation. Monetary policy independence is something we have learned is “critically important” for keeping inflation under control, Goolsbee said while receiving an award from the…
Read MoreStocks to watch: Hongkong Land, SIA Engineering, CapitaLand Ascott Trust, CSE Global
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Mar 6): Hongkong Land : The property developer’s underlying profit for FY2025 fell 8 per cent on the year to US$458 million from US$499 million in the previous financial year. Revenue declined to US$1.4 billion from US$2 billion previously.…
Read MoreBerkshire Hathaway resumes share repurchases, CEO Abel buys stock for himself
Abel said adding to his own Berkshire holdings helps align himself with shareholders over the long term Published Fri, Mar 6, 2026 · 07:54 AM [NEW YORK] Berkshire Hathaway said on Thursday it has begun repurchasing its own shares following a nearly two-year hiatus, as Greg Abel puts his stamp on the conglomerate after succeeding…
Read MoreSingapore taxi operators absorb costs at their pumps as petrol prices rise again amid Middle East war
Published Fri, Mar 6, 2026 · 07:33 AM SINGAPORE – Some taxi operators are now absorbing part of the increase in fuel costs at in-house pumps, while several petrol stations continued to raise their prices as the war in the Middle East rages on. ComfortDelGro (CDG), Singapore’s largest taxi operator, was offering petrol at $1.93 per litre…
Read MoreOracle plans thousands of job cuts in face of AI cash crunch
Published Fri, Mar 6, 2026 · 06:30 AM ORACLE is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data centre expansion effort. The job reductions will affect divisions across the company and may be implemented as soon as this month, according to people familiar with…
Read MoreTrump says further action to reduce pressure on oil is imminent
Published Fri, Mar 6, 2026 · 06:22 AM [WASHINGTON] President Donald Trump on Thursday said further action to reduce pressure on oil was imminent, adding that Iran was reaching out to make a deal amid US and Israeli strikes. Trump, speaking at an event with the Inter Miami soccer team at the White House, said…
Read MoreUS mulls new rules for AI chip exports, including requiring investments by foreign firms in the US
Published Fri, Mar 6, 2026 · 06:12 AM — Updated Fri, Mar 6, 2026 · 06:14 AM [SAN FRANCISCO] US officials are debating a new regulatory framework for exporting artificial intelligence chips and are considering requiring foreign nations to invest in US AI data centres or security guarantees as a condition for granting exports of…
Read MoreOil settles up around 5% on supply concerns as Iran conflict widens
Published Fri, Mar 6, 2026 · 06:01 AM [HOUSTON] Oil prices settled up around 5 per cent on Thursday, extending a rally as the escalating US-Israeli war with Iran disrupted supplies and shipping, driving some major producers in the Middle East to reduce output. Brent crude settled up US$4.01, or 4.93 per cent, at US$85.41 per barrel,…
Read MoreEuropean stocks reverse early gains as Middle East conflict drags on
Published Fri, Mar 6, 2026 · 05:52 AM EUROPEAN shares fell on Thursday after a sharp rebound in the previous session, as the Middle East conflict showed no signs of easing and more tankers came under attack, threatening higher oil prices and a knock-on effect on the global economy. The pan-European Stoxx 600 closed 1.3 per…
Read MoreUS stocks: Wall Street close down as Middle East fears push US oil up 8%
Published Fri, Mar 6, 2026 · 05:48 AM US STOCKS closed down on Thursday as the Middle East conflict entered its sixth day, pushing oil prices higher and spurring worries about inflation and whether the Federal Reserve will cut interest rates. Expansion of the conflict to more countries fed fears of disruption in the Strait of…
Read MoreNetworking 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…
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