Posts by Liam Redmond
Baidu approves US$5 billion share buyback, first dividend
The Internet company joins larger peers Tencent Holdings and Alibaba Group Holding in enhancing shareholder returns Published Thu, Feb 5, 2026 · 10:56 AM BAIDU announced a three-year stock buyback programme of as much as US$5 billion and plans to issue its first dividend in 2026, establishing a major shareholder return plan. The Chinese artificial…
Read MoreQualcomm, Arm hit by concern that memory shortage is spreading
The historic build-out of AI infrastructure is driving the shortage of memory chips Published Thu, Feb 5, 2026 · 10:27 AM [SAN FRANCISCO] Shares of Qualcomm and Arm Holdings fell steeply after the semiconductor companies delivered quarterly reports, hurt by concern that a shortage of memory chips will crimp growth in the electronics industry. Both…
Read MoreFramber Valdez joining Tigers on historic $115 million deal to end long free agency
The top remaining free agent pitcher has a new home. Framber Valdez has agreed to a three-year, $115 million contract with the Tigers, The Post’s Jon Heyman confirmed. The deal includes an opt-out after year two. Framber Valdez is signing with the Tigers. Charles Wenzelberg/New York Post The deal has the highest average annual value…
Read MoreGold rises over 1% as geopolitical, economic tensions lift precious metals
Published Thu, Feb 5, 2026 · 09:55 AM [BENGALURU] Gold climbed more than 1 per cent on Thursday (Feb 5), hovering near one-week highs, as geopolitical and economic tensions continued to bolster prices, while silver and palladium also posted gains. Spot gold was up 1.1 per cent at US$5,016.89 per ounce, as at 8.39 am.…
Read MoreKeppel rises 3.2% amid higher H2 net profit, Piyush Gupta’s appointment as chair-designate
[SINGAPORE] Shares of Keppel rose on Thursday (Feb 5) after the asset manager posted a 27.2 per cent increase in second-half earnings and announced ex-DBS chief Piyush Gupta as its chairman-designate. The counter was up 3.2 per cent or S$0.35 at S$11.30 as at 9.03 am, with more than 1.5 million shares having changed hands.…
Read MoreKeppel closes up 6.1% at over-12-year high on profit growth, Piyush Gupta’s appointment as chair-designate
[SINGAPORE] Shares of Keppel rallied on Thursday (Feb 5) after the asset manager posted a 27.2 per cent increase in second-half earnings and announced former DBS chief Piyush Gupta as its chairman-designate. The counter jumped 5.9 per cent or S$0.65 to S$11.60 as at 3.08 pm, with more than 12.1 million shares changing hands. Shares…
Read MoreHong Kong dollar slips as loose liquidity revs up carry trades
The one-month rate in the interbank market has dropped to the lowest since November Published Thu, Feb 5, 2026 · 09:27 AM [HONG KONG] The Hong Kong dollar drifted down to near the weakest level since August as excess cash in the banking system spurred carry trade bets against the pegged currency. The strategy of…
Read MoreMikal Bridges is Knicks’ answer to growing NBA problem
At a time when one of the things both infecting the NBA and affecting it what Mikal Bridges does best of all is also the simplest skill of all. Source link
Read MoreTSMC plans US$17 billion investment in three-nanometre chip production in Japan: report
Published Thu, Feb 5, 2026 · 09:01 AM [TOKYO] Taiwan Semiconductor Manufacturing Company (TSMC) plans to mass produce advanced three-nanometre chips in Kumamoto in southern Japan with investment totalling US$17 billion, Japanese newspaper Yomiuri reported on Thursday (Feb 5). Japan’s government, which has subsidised Taiwan’s leading chipmaker to build out capacity in Kyushu, is considering…
Read MoreNvidia’s AI chip sale to ByteDance hinges on conditions set by Trump administration
The same arrangement applies to similar chips from firms such as Advanced Micro Devices and Intel Published Thu, Feb 5, 2026 · 08:48 AM [NEW YORK] The Trump administration is willing to allow China’s ByteDance to buy Nvidia’s H200 chips, but the artificial intelligence (AI) chipmaker has not agreed to proposed conditions for their use,…
Read MoreKeppel H2 profit rises 27.2% to S$645.4 million; proposes special dividend of S$0.13 per share
Special dividend proposed given its strong progress in monetisation, says company [SINGAPORE] Keppel posted a 27.2 per cent rise in net profit to S$645.4 million for the second half ended December, up from S$507.5 million a year earlier. Profit from continuing operations over the same period rose to S$646.4 million, up 22.5 per cent from…
Read MoreKeppel H2 profit from continuing operations rises 27.2% to S$645.4 million; proposes special dividend
Company notes that it remains focused on optimising the speed of divestment of its non-core portfolio [SINGAPORE] Keppel posted a net profit of S$645.4 million from its continuing operations for the second half of the year ended December 2025. This was up 27.2 per cent from S$507.5 million in the previous corresponding period, it said…
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