Posts by Liam Redmond
OpenAI to partner with Tata for AI data centre buildout in India
One pillar of the agreement will be TCS’s development of a 100 megawatt data centre that may be expanded to one gigawatt Published Thu, Feb 19, 2026 · 12:57 PM [NEW DELHI] OpenAI is partnering Tata Group in India on artificial intelligence (AI) technologies, including data centre infrastructure that could become one of the largest…
Read MoreSamsung shares rise to record after report on higher chip price
After initially falling behind smaller SK Hynix in the early days of the AI race, the company has been mounting a comeback Published Thu, Feb 19, 2026 · 12:40 PM [TOKYO] Samsung Electronics shares jumped to a fresh record high on Thursday (Feb 19), after local media reported that the firm is negotiating a price…
Read MoreS&P says reviving investor confidence is key for Indonesia’s sovereign support
Published Thu, Feb 19, 2026 · 12:21 PM — Updated Thu, Feb 19, 2026 · 12:24 PM [SINGAPORE] S&P Global Ratings said reviving investor confidence is key for sovereign support for Indonesia after a warning from index provider MSCI in January jolted the stock market. S&P said the direct impact on sovereign credit metrics is…
Read MoreBill Gates cancels keynote address at India AI summit
The Gates Foundation said he won’t be attending to ensure the focus remains on the summit’s key priorities Published Thu, Feb 19, 2026 · 12:09 PM — Updated Thu, Feb 19, 2026 · 01:11 PM [NEW DELHI] American billionaire Bill Gates pulled out of India’s AI Impact Summit just hours before his scheduled keynote address…
Read MoreBBVA plans to start Japan brokerage in first for Spanish bank
The Bilbao-based lender has operated a commercial banking business in the country since 2005 Published Thu, Feb 19, 2026 · 12:03 PM [TOKYO] BBVA, Spain’s second-largest bank, plans to start a brokerage business in Japan as part of the firm’s global expansion drive, according to sources familiar with the matter. The Bilbao-based lender aims to…
Read MoreNew Zealand’s central bank done easing policy but risks are on both sides, top official says
Published Thu, Feb 19, 2026 · 10:54 AM — Updated Thu, Feb 19, 2026 · 10:54 AM [SYDNEY] New Zealand’s central bank is done cutting interest rates but there are risks on either side as policymakers gauge the strength of the consumer recovery and the path of inflation, said a top official on Thursday. Karen…
Read MoreGold and silver beat equities, unit trust funds as top entry point for new OCBC retail investors
While precious metals can play a stabilising role in portfolios, allocations should ‘stay measured’, says the bank [SINGAPORE] Precious metals edged out equities and unit trust funds as the preferred entry point for new investing customers in 2025, said OCBC in a statement on Thursday (Feb 19). Last year, two in three new retail investors…
Read MoreGold edges down as dollar firms; inflation data in focus
Published Thu, Feb 19, 2026 · 09:57 AM [BENGALURU] Gold prices edged lower on Thursday (Feb 19) after a more than 2 per cent gain in the previous session, as the US dollar firmed ahead of a key inflation report due later this week that could provide more cues on the US interest rate trajectory.…
Read MoreCSE Global shares close 7% higher on positive Q4 order wins
[SINGAPORE] Shares of CSE Global surged by more than 7 per cent on Thursday (Feb 19), on the back of a strong fourth quarter and record new orders in FY2025. The counter finished the day at S$1.36, up 7.1 per cent or S$0.09, with more than 12.4 million shares changing hands. The mainboard-listed company bagged…
Read MoreForeigners rebuff ‘Sell America’ and buy a net US$1.6 trillion in assets
Dollar depreciation last year might have even encouraged some overseas managers to load up on US securities Published Thu, Feb 19, 2026 · 09:10 AM [NEW YORK] Foreign purchases of US financial assets accelerated in 2025, led by demand for stocks and US Treasuries, data on Wednesday (Feb 18) showed – marking a sharp rebuttal…
Read MoreBooking beats estimates on outlook, plans a 25-for-1 split
Published Thu, Feb 19, 2026 · 08:42 AM — Updated Thu, Feb 19, 2026 · 09:36 AM [NEW YORK] Booking Holdings reported better-than-expected first-quarter gross bookings, indicating continued strength across the travel industry. Gross bookings are expected to rise 15 per cent at the midpoint, the Priceline owner said in a statement, topping the 13…
Read MoreStocks to watch: Yangzijiang Maritime, SIA, CSE Global
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Feb 19): Yangzijiang Maritime : The maritime financial solutions provider announced on Wednesday that it will hold an extraordinary general meeting on Mar 6 to seek shareholders’ approval on the proposed adoption of a share buyback mandate. Under this,…
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