Posts by Liam Redmond
Amova adds to Frencken and UI Boustead Reit positions
Seven primary-listed companies conducted buybacks with a total consideration of S$26.2 million from Jul 31 to Aug 6 [SINGAPORE] Over the five sessions from Jul 31 to Aug 6, close to 70 director interests and substantial shareholdings were filed for more than 35 primary-listed stocks. Directors or CEOs reported six acquisitions and no disposals, while…
Read MoreFormer SK Hynix employee jailed for leaking information to a Chinese firm: report
Classified information on CMOS image sensors was leaked to the Chinese firm in 2022 Published Sun, Aug 9, 2026 · 10:44 AM [SEOUL] A former employee at SK Hynix has been sentenced to 18 months in jail for leaking information on semiconductor manufacturing technology to a Chinese firm, the Yonhap news agency reported on Sunday…
Read MoreBerkshire accelerates buybacks, lowers cash stake as profit tops forecasts
Quarterly operating profit rose 16% to US$12.98 billion, net income more than doubled to US$25.67 billion Published Sun, Aug 9, 2026 · 10:22 AM BERKSHIRE Hathaway said it began reducing its enormous stockpile of cash in the second quarter, investing billions of dollars in stocks such as Alphabet and repurchasing billions of its own, as…
Read MoreIs social media addiction real? Law and science collide in blockbuster federal suit
A blockbuster court battle is set to open in Oakland this month, pitting Silicon Valley against attorneys for the state of California in a $1.4-trillion contest with existential stakes and potentially eye-watering payouts. In true Hollywood fashion, the record-smashing, celebrity-studded legal drama is also a sequel. At the heart of the fight is an essential,…
Read MoreSK Hynix said to mull options for US$3 billion Chongqing plant
Published Sat, Aug 8, 2026 · 04:25 PM [HONG KONG] South Korea’s SK Hynix is considering options for its Chongqing, China-based facility, including bringing in an investor to help accelerate growth, according to people with knowledge of the matter. The company, a key supplier of high‑bandwidth memory chips to Nvidia, is speaking with prospective advisers…
Read MoreFed split on rate hikes deepens as five years of high inflation tests patience
A minority see a case for raising rates after the US central bank held its July benchmark rate steady, policymakers suggest [NEW YORK] Five years of high inflation is testing the patience of US Federal Reserve officials and showcasing a split between those willing to wait before hiking interest rates and those who say time…
Read MoreUS Fed split on rate hikes deepens as five years of high inflation tests patience
A minority see a case for raising rates after the US central bank holds its July benchmark rate steady, policymakers suggest [NEW YORK] Five years of high inflation is testing the patience of US Federal Reserve officials and showcasing a split between those willing to wait before hiking interest rates and those who say time…
Read MoreNvidia to invest up to US$3 billion in Stargate data centre developer Lancium: The Information
The chipmaker will invest an initial US$2 billion for a roughly 20% stake in the company behind the Stargate data centre campus Published Sat, Aug 8, 2026 · 11:15 AM [BENGALURU] Nvidia will invest up to US$3 billion in power infrastructure developer Lancium, the company behind the Stargate data centre campus in Texas, The Information…
Read MoreOpenAI flags possible critical cybersecurity risk in upcoming model, tightens controls
This prompts the startup to pause some internal development and trigger safety protocols Published Sat, Aug 8, 2026 · 10:15 AM [MEXICO CITY] OpenAI said on Friday (Aug 7) it cannot rule out that its upcoming artificial intelligence model, Astra, has “critical” cybersecurity capabilities, prompting the startup to pause some internal development and trigger safety…
Read MoreS&P closes at record high as soft jobs report eases rate-hike concerns
Nonfarm payrolls drop by 23,000 jobs in July, below estimates, US Labour Department says Published Sat, Aug 8, 2026 · 08:40 AM [NEW YORK] US stocks advanced on Friday (Aug 7), with the S&P closing at a record high to cap off a strong week of gains for the major indexes, after data showed the…
Read MoreEurope’s Stoxx 600 ends week at all-time high on earnings support, soft US jobs data
Published Sat, Aug 8, 2026 · 08:31 AM [BENGALURU] Europe’s Stoxx 600 rallied to a fourth consecutive record close on Friday (Aug 7), led by technology stocks and a largely positive slate of corporate earnings, while softer US jobs data further supported sentiment. The pan-European Stoxx 600 closed 0.3 per cent higher, reaching a record…
Read MoreBrent climbs US$1 on uncertainty over end to Iran war
Published Sat, Aug 8, 2026 · 08:06 AM [HOUSTON] Brent crude oil climbed more than US$1 a barrel on Friday (Aug 7) over ongoing uncertainty about the negotiations in progress that determine control of, and reopen, the key shipping artery of the Strait of Hormuz. Brent crude futures settled at US$83.55 a barrel, gaining US$1.06,…
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