Posts by Liam Redmond
US will take action to mitigate oil price spike for Americans, Rubio says
Average US retail petrol prices crossed US$3 a gallon for the first time since November on Monday Published Tue, Mar 3, 2026 · 06:24 AM [WASHINGTON] The Unites States will take action to mitigate rising energy prices due to a spike in the price of oil caused by the Iran conflict, US Secretary of State Marco…
Read MoreAI actor Tilly Norwood’s world is expanding with the ‘Tillyverse’
The digital world of the first AI actor, Tilly Norwood, is expanding. AI talent studio Xicoia, which created Norwood, has announced plans for a “rapid expansion” for the digitized actor. The developments include a digital universe dubbed the “Tillyverse,” where ”Tilly and a new generation of AI characters will live, collaborate and build careers.” The…
Read MoreManulife launches new Singapore equity income strategy
The portfolio is ‘constructed to balance income stability with capital appreciation’ [SINGAPORE] Manulife Investments on Tuesday (Mar 3) announced the launch of a new Singapore-focused equity and income growth strategy under the Monetary Authority of Singapore’s (MAS) Equity Market Development Programme (EQDP). Manulife said the Singapore Opportunities Income Strategy aligns with EQDP’s broader market-building efforts,…
Read MoreWall St opens lower on fears of protracted Middle East conflict
Published Mon, Mar 2, 2026 · 10:42 PM [NEW YORK] Wall Street’s main indexes opened lower on Monday (Mar 2) as investors braced for a prolonged Middle East conflict that threatened to disrupt global trade routes and reignite inflationary pressures. The Dow Jones Industrial Average fell 183.5 points, or 0.37 per cent, at the open…
Read MoreIran crisis puts Asia on alert for LNG scramble and US$100 oil
The region’s petrochemical refiners could also experience disruptions to feedstock supply; economic growth could take a hit [SINGAPORE] Asian markets, including Singapore, could face an intense scramble for liquefied natural gas (LNG) if the conflict in Iran escalates and threatens supply, analysts told The Business Times. The region’s petrochemical refiners could also face disruptions to…
Read MoreOil prices could breach US$100 barrier if supply disruptions persist: analysts
While markets recognise the seriousness of the Iran conflict, it’s a geopolitical shock and not a systemic crisis, they add [LONDON] Oil prices surged by nearly 10 per cent on Monday (Mar 2) as shipping in the Strait or Hormuz was affected following attacks by the US and Israel over the weekend that killed Iran’s…
Read MoreAmazon to invest additional US$21 billion in Spain for data centres and AI
Published Mon, Mar 2, 2026 · 08:35 PM [BARCELONA] Amazon said on Monday (Mar 2) it would invest an additional US$21 billion in Spain to expand its data centres and boost AI innovation, bringing its total investment in the country to 33.7 billion euros (S$50.2 billion). Amazon announced the investment after Spain’s Prime Minister Pedro…
Read MoreUMS buys out aluminium alloy products supplier
The acquisition is not expected to have a material impact on its FY2026 net tangible assets or earnings per share [SINGAPORE] Precision engineering group UMS Integration has bought the remaining 30 per cent stake in Starke Singapore, a privately held aluminium alloy products supplier, for S$8.2 million. Announcing the acquisition, which converted Starke into its…
Read MoreCompliance, risk and private markets roles top banking hiring demand for 2026: Morgan McKinley
This comes amid ongoing regulatory demands and a stricter governance landscape in the financial services sector [SINGAPORE] Banking hiring is set to “stay active but cautious” in 2026, with competition strongest for specialists in financial crime, regulatory reporting, risk and private-markets functions. The increased demand is due to regulatory scrutiny and private-markets growth, as well…
Read MoreTop Glove founder’s son named as joint managing director, to take over the reins on Apr 1
Lim Jin Feng – son of Lim Wee Chai – will assume the role along with Ng Yong Lin [SINGAPORE] Top Glove has named two individuals as joint managing directors to succeed the incumbent Lim Cheong Guan, the Malaysia-based glove maker announced in a regulatory filing to the Singapore Exchange on Monday (Mar 2). Both…
Read MoreIran strikes disrupt thousands of flights; Dubai Airport hit
Published Mon, Mar 2, 2026 · 07:00 PM [DUBAI] Thousands of flights have been disrupted in the wake of the escalating conflict engulfing the Middle East, with Dubai’s main airport – the world’s busiest aviation hub – effectively shut down after it was hit by a suspected aerial strike. There have been more than 2,300…
Read MoreSingapore and Korean firm collaborate on nuclear energy
The parties will conduct joint studies of small modular reactors for potential applications in the city-state [SINGAPORE] The Energy Market Authority (EMA) has signed a memorandum of understanding (MOU) with Korea Hydro & Nuclear Power to collaborate on civil nuclear energy capabilities. EMA said in a media release on Monday (Mar 2) that this is…
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