Posts by Liam Redmond
Oil slides 2% as Trump tones down threats toward Greenland and Iran
Published Fri, Jan 23, 2026 · 06:10 AM [NEW YORK] Oil prices slid about 2 per cent to a one-week low on Thursday after US President Donald Trump softened threats toward Greenland and Iran, and on some positive movement that could lead to a solution to end Russia’s war in Ukraine. Brent futures fell US$1.18, or…
Read MoreAutodesk to cut about 7% of staff amid sales reorganisation push
Published Fri, Jan 23, 2026 · 06:04 AM [NEW YORK] Software company Autodesk is planning to cut around 1,000 jobs, or about 7 per cent of its workforce, as it seeks to streamline its efforts in sales and marketing. Most of the reductions will be related to sales functions, the company said on Thursday (Jan…
Read MoreUS stocks: Wall Street ends up as investors buoyed by tariff relief, upbeat data
Many of the so-called Magnificent Seven stocks are due to report earnings next week Published Fri, Jan 23, 2026 · 05:51 AM WALL Street’s main indexes ended higher on Thursday, the second straight day of gains, as investors bought shares after US President Donald Trump rescinded tariff threats on European allies while data highlighted American economic resilience.…
Read MoreThis L.A. startup uses SpaceX tech to cool data centers with less power and no water
As the artificial intelligence industry heats up, Karman Industries is trying to cool it down. The Signal Hill startup says it has developed a cooling system that uses SpaceX rocket engine technology to rein in the environmental impact of data centers, chilling them with less space, less power and no water. It recently raised $20…
Read MoreThe Assembly Place’s IPO 35.5 times subscribed ahead of Catalist debut
[SINGAPORE] Co-living operator The Assembly Place’s initial public offering (IPO) was 35.5 times subscribed on Thursday (Jan 22), ahead of its debut on the Singapore Exchange’s Catalist board the next day. There were 1,125 valid applications totalling 71.1 million shares for the two million public offer shares available at S$0.23 apiece, the company said. Including…
Read MoreApple asks Indian court to stop antitrust body from seeking its financials
The US tech giant argues that being forced to comply now will defeat its main legal challenge against India’s penalty rules Published Thu, Jan 22, 2026 · 10:26 PM [NEW DELHI] Apple has asked an Indian court to stop the country’s antitrust watchdog from seeking its global financial records as part of an investigation into…
Read MoreSingapore unveils new framework to rein in risks of autonomous AI agents
While agentic artificial intelligence may benefit the Republic’s digital economy, it also has its vulnerabilities [SINGAPORE] Singapore has launched a new governance framework for agentic artificial intelligence (AI), as regulators move to set guardrails for the emerging technology which has far-reaching implications. Unveiled during the World Economic Forum (WEF) in Davos, Switzerland, on Thursday (Jan…
Read MoreSuntec Reit DPU jumps 23.2% for H2 on stronger operational performance, lower financing costs
[SINGAPORE] Suntec Real Estate Investment Trust (Reit) recorded a distribution per unit (DPU) of S$0.0388 for the second half-year ended Dec 31, 2025. This was a 23.2 per cent increase from the DPU of S$0.0315 for the corresponding period a year earlier. Revenue edged up 0.2 per cent to S$237.1 million for H2 FY2025, from…
Read MoreKeppel secures 25-year fibre pair deal on Bifrost Cable System with global telco
[SINGAPORE] Keppel has signed a binding term sheet with a global telecommunications company to lease a fibre pair on the Bifrost Cable System for 25 years, it announced on Thursday (Jan 22). Under the agreement, Keppel’s connectivity division will grant the telco an indefeasible right of use for the fibre pair. The announcement does not…
Read MoreBlackRock’s HPS invests US$50 million in Malaysia’s Teleport for Asia debut
Published Thu, Jan 22, 2026 · 07:04 PM [KUALA LUMPUR] HPS Investment Partners has invested US$50 million in Malaysian logistics firm Teleport, marking the global private credit firm’s first deal in Asia after being acquired by BlackRock. HPS funds will subscribe to redeemable convertible perpetual securities issued by Teleport, according to a press release. The…
Read MoreS-Reits could outshine DBS, OCBC, UOB in Q4 results season
[SINGAPORE] Some market watchers believe Singapore-listed real estate investment trusts (S-Reits) could have a strong run, potentially outshining the trio of local banks as they turn in their report cards for the fourth quarter ended December 2025. Falling interest rates are expected to put pressure on income of banking giants DBS , OCBC and UOB…
Read MoreSingapore stocks rise as Trump softens Greenland stance; STI up 0.4%
The iEdge Singapore Next 50 Index, meanwhile, loses 0.1% or 1.02 points to close at 1,483.97 [SINGAPORE] Singapore stocks ended higher on Thursday (Jan 22), tracking a global relief rally after US President Donald Trump softened his stance on Greenland. The benchmark Straits Times Index (STI) gained 0.4 per cent or 18.44 points to finish…
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