Posts by Liam Redmond
UK’s Burnham vows crackdown on misleading discounts and subscription traps
Published Mon, Aug 10, 2026 · 06:09 AM [LONDON] Britain’s new Prime Minister Andy Burnham said on Sunday (Aug 9) he would crack down on misleading product discounts and subscription traps as part of a broader push to ease pressure on household finances. Burnham wants to deliver improvements in living standards after a decade marked…
Read MoreApple tests China’s CXMT memory chips for iPhones and MacBooks, WSJ reports
Published Sun, Aug 9, 2026 · 08:41 PM [BEIJING] Apple has been testing memory chips from China’s CXMT across product lines including iPhones and MacBooks, to mitigate a component shortage fuelled by the artificial intelligence boom, The Wall Street Journal reported on Sunday (Aug 9). Apple held early talks with CXMT, which is China’s largest…
Read MoreDBS, OCBC surge on strong H1 results but don’t overlook the potential of underdog UOB
[SINGAPORE] There was a lot riding on DBS, OCBC and UOB’s financial results last week – with some analysts calculating that the three stocks had accounted for nearly 89 per cent of the Straits Times Index’s gain since the beginning of the year, up to Jul 30. Fortunately, the three banks delivered sufficiently strong numbers…
Read MoreExecutive remuneration in Singapore: Paying for what, exactly?
[SINGAPORE] In a review of remuneration practices across listed companies on the Singapore Exchange (SGX), the Centre for Investor Protection at National University of Singapore Business School in March 2026 found that more than half, or 55.7 per cent of issuers, failed to disclose the performance metrics used to determine bonuses for executive directors. SGX’s…
Read MoreMetaOptics defers US dual listing on geopolitical uncertainty, market volatility
The semiconductor optics firm may revisit an international dual listing when market conditions are supportive [SINGAPORE] Catalist-listed MetaOptics is withdrawing its application to list on Nasdaq and deferring its plans to dual list in the US. This comes amid a backdrop of geopolitical uncertainty, recent whiplash in technological stocks’ price performances and ongoing technological disruption,…
Read MoreAspial Lifestyle ups interim dividend by 125% to S$0.009 as H1 profit, revenue surge
Parent company Aspial Corporation posts 117% rise in H1 net profit to S$17.2 million [SINGAPORE] Aspial Lifestyle more than doubled its interim dividend after its profit and revenue surged for its first half ended Jun 30, 2026. Its board declared an interim dividend of S$0.009 per share, from S$0.04 a year earlier, representing a 125…
Read MoreWhy South Korea’s stock index is more volatile than Bitcoin
Amid other reasons, two companies account for its performance: Samsung Electronics and SK Hynix Published Sun, Aug 9, 2026 · 04:35 PM [SEOUL] Investing in South Korea’s stock market has yielded huge returns this year, but it has been a wild ride. Volatility on the benchmark Kospi Index has topped 60 per cent, almost double…
Read MoreGreenback drops as weak US jobs data pushes out Fed hike expectations
Published Sun, Aug 9, 2026 · 04:24 PM [NEW YORK] The greenback fell against major currencies including the yen and euro on Friday (Aug 7) after US employment unexpectedly declined in July, fuelling concerns about the economy’s strength and undermining the case for the Federal Reserve to raise interest rates. The US economy lost 23,000…
Read MoreFire at Aramco’s Red Sea refinery in Jazan extinguished; no injuries reported
Aramco shut down the refinery on Jul 27 following an attack by Yemen’s Houthi militants Published Sun, Aug 9, 2026 · 01:53 PM FIREFIGHTERS extinguished a fire that broke out early on Sunday (Aug 9) at a facility at Aramco’s Jazan refinery in southwestern Saudi Arabia, the Saudi Energy Ministry said, adding that there were…
Read MoreYemen’s Houthis say they attacked Saudi Aramco Jazan refinery, fire extinguished
Published Sun, Aug 9, 2026 · 01:53 PM — Updated Sun, Aug 9, 2026 · 04:31 PM YEMEN’S Iran-aligned Houthis said they had attacked Saudi Aramco’s Jazan refinery on Sunday (Aug 9), two days after the kingdom signed a defence pact with Turkey and Pakistan. The Saudi energy ministry said a fire had broken out…
Read More‘Pilots were forced to brake firmly’: Jetstar, Qatar Air planes narrowly avoid collision at Sydney airport
No passengers were injured, but a cabin attendant required treatment from paramedics, Jetstar says Published Sun, Aug 9, 2026 · 01:31 PM SYDNEY airport authorities are examining a near collision that occurred between two planes on the tarmac on Sunday (Aug 9), which resulted in flight delays at Australia’s busiest airport. A Jetstar Airways plane…
Read MoreZoom looks beyond video calls as Singapore workers return to office
[SINGAPORE] As more workers return to the office, Zoom wants to follow them as part of its wider push to grow beyond a video-conferencing platform in the Asia-Pacific. Instead of positioning itself solely around virtual meetings, Zoom is expanding into artificial intelligence-powered workplace software – including meeting room systems and office management tools – as…
Read More