Posts by Liam Redmond
Samsung reveals new 3D-memory roadmap in bid for AI tech lead
Published Wed, Aug 5, 2026 · 09:37 AM SAMSUNG Electronics offered a glimpse of its most advanced memory hardware, touting improved performance and power efficiency in a bid to overtake rivals SK Hynix and Micron Technology in the race for long-term dominance. The new system vertically stacks high-bandwidth memory on top of AI accelerators, delivering…
Read MoreStocks to watch: KIT, MLT, Centurion, CapitaLand China Trust, GuocoLand, Ho Bee Land, All-Link Air & Sea
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Aug 5): Source link
Read MoreJC&C’s Toyota payout – What is an in specie distribution and why take this uncommon route?
The distribution in specie of around 7.2 million common shares of Toyota is valued at about US$0.36 a share [SINGAPORE] Jardine Cycle & Carriage (JC&C) recently proposed a special dividend of about US$0.73 per share, comprising a cash payout and a direct distribution in specie of its remaining stake in Japanese carmaker Toyota Motor Corp.…
Read MoreSpaceX quarterly revenue jumps in debut results as satellite, AI businesses surge
SPACEX said on Tuesday (Aug 4) that quarterly revenue nearly doubled and operating losses narrowed sharply in its first earnings report since going public, buoyed by strong growth in its Starlink satellite-internet and AI businesses. But the company’s capital expenditures ballooned to more than US$18 billion from US$2.83 billion a year earlier, and finance boss…
Read MoreMapletree Logistics Trust prices S$400 million perpetual securities at 3.5%
Net proceeds will go towards the group’s general corporate and working capital purposes [SINGAPORE] Mapletree Logistics Trust (MLT) has priced S$400 million in subordinated perpetual securities at 3.5 per cent under its S$3 billion euro (US$3.5 billion) medium-term securities programme. Net proceeds will go towards the group’s general corporate and working capital purposes, including the…
Read MoreS&P 500 hits record high on strong AI-linked earnings, Middle East deal hopes
Recent gains have been driven by strong earnings from artificial intelligence heavyweights Published Tue, Aug 4, 2026 · 09:52 PM [BENGALURU] Wall Street’s benchmark S&P 500 hit an intraday record high for the first time since early June on Tuesday (Aug 4), boosted by upbeat artificial intelligence-driven forecasts from Caterpillar and Palantir and hopes for…
Read MoreAnthropic inks US$10 billion computing deal with new cloud startup
This follows agreements with Elon Musk’s SpaceX, Advanced Micro Devices and Akamai Technologies Published Tue, Aug 4, 2026 · 08:32 PM ANTHROPIC has struck a US$10 billion deal for computing capacity from a months-old infrastructure startup, according to people familiar with the matter, marking the Claude maker’s latest effort to keep pace with demand for…
Read MoreYen slips but holds intervention gains; traders alert to more action
Published Tue, Aug 4, 2026 · 08:20 PM [SINGAPORE/LONDON] The yen slipped on Tuesday (Aug 4) but held on to most of its intervention-driven gains, after last week’s joint action by Tokyo and Washington to shore up the currency kept speculators wary of rebuilding bearish positions. The yen was last down 0.3 per cent at…
Read MoreSingapore stocks end flat amid mixed regional showing
Published Tue, Aug 4, 2026 · 07:13 PM [SINGAPORE] Singapore stocks ended flat on Tuesday (Aug 4), with the benchmark Straits Times Index (STI) closing 0.03 points lower at 5,612.25. CapitaLand Investment led the gainers on Singapore’s blue-chip index, rising 2.6 per cent or S$0.07 to S$2.73. The worst performer among STI constituents was Sats…
Read MoreAll-Link’s public offer of 2.1 million shares 4.85 times subscribed
[SINGAPORE] All-Link Air & Sea’s initial public offering on the mainboard of the Singapore Exchange saw its public tranche of 2.1 million shares approximately 4.85 times subscribed. By the close of the offering at noon on Monday (Aug 3), the company had received 409 valid applications for the 2.1 million public offer shares. These applicants…
Read MoreUber’s robotaxi ambition to face scrutiny as shares languish
The ride-hailing company is estimated to report a 13% year-on-year jump in Q2 revenue Published Tue, Aug 4, 2026 · 07:07 PM [PHOENIX/SAN FRANCISCO] The breakdown of Uber Technologies’ robotaxi partnership with Alphabet’s Waymo is looming large over the ride-hailing giant’s quarterly results, as investors grow anxious about the stock that has lagged the broader…
Read MoreHo Bee Land acquires US$34.1 million Western Australia residential site in JV
The company holds an effective interest of about 48.6% in the joint venture with Australia’s Satterley Property Group [SINGAPORE] Ho Bee Land has acquired a residential development site in Western Australia for A$48.5 million (US$34.1 million) through a joint venture (JV), marking the developer’s expansion into the state. The tie-up is with Satterley Dianella, a…
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