Posts by Liam Redmond
Asian stocks rise as Iran tensions ease; Japan, South Korea lead gains
Published Mon, Jul 27, 2026 · 09:36 AM ASIAN stocks gained and oil dropped on Monday (Jul 27) as the US and Iran refrained from retaliatory strikes, easing concerns over potential disruptions to Middle East energy supplies after a recent escalation in the conflict. Brent crude fell as much as 7.4 per cent to below…
Read MoreRed Sea shipping slows after Houthi attack on Saudi Arabia, data shows
Eleven commodity vessels pass through the Bab el-Mandeb strait on Sunday, the lowest level in months Published Mon, Jul 27, 2026 · 08:35 AM [SINGAPORE] Ship traffic through Bab el-Mandeb fell on Sunday (Jul 26) after Yemeni Houthis attacked Saudi oil installations along the Red Sea coast, while transit through the Strait of Hormuz stayed…
Read MoreWTI likely to pull back after recent rebound
WEST Texas Intermediate (WTI) crude prices have rebounded more than 20 per cent since the beginning of July, after retesting the pre-Iran war level of US$68 per barrel on Jul 2. The recent rebound in WTI crude prices could be attributed to several factors. First, the market had initially removed the geopolitical risk premium following…
Read MoreOil slips more than 5% after US pauses strikes on Iran
This comes after US President Donald Trump paused strikes on Iran following two weeks of attacks Published Mon, Jul 27, 2026 · 06:38 AM [SINGAPORE] Oil prices extended losses on Monday (Jul 27), falling more than 5 per cent, after US President Donald Trump paused strikes on Iran after two weeks of attacks, raising hopes…
Read MoreDunearn House sells 55.8% of 380 units at average of S$3,140 psf at launch
A total of 212 of the 380 units have been sold, with all three-bedroom units fully taken up [SINGAPORE] New residential project Dunearn House, a Frasers Property-led development in the upcoming Turf City precinct, sold 55.8 per cent of its 380 units at its weekend launch, with analysts divided on the sales performance. A total…
Read MoreDunearn House sells 56% of 380 units at average of S$3,140 psf at launch
A total of 212 of the 380 flats have been sold, with all three-bedders fully taken up [SINGAPORE] New residential project Dunearn House, a Frasers Property-led development in the upcoming Turf City precinct, sold 56 per cent of its 380 units at its weekend launch, with analysts divided on the sales performance. A total of…
Read MoreTemasek should publicly state its position on the long-rumoured CapitaLand-Mapletree merger
It would then be up to their boards to achieve the objective in a manner that respects minorities, and put accountable managers in place [SINGAPORE] The long-rumoured merger of CapitaLand Investment (CLI) and Mapletree Investments appears to have stalled, according to news reports last week. For some investors, this might have been something of a…
Read MoreHollywood’s open secret: It’s battling AI — but already recruiting to use it
As performers protest and studios sue in their war on artificial intelligence, the entertainment industry is deepening its dependence on it. Although few places are better than Hollywood at crafting a narrative and concealing what happens off-frame, a Los Angeles Times survey of job postings sheds light on what is happening offstage. Among hundreds of…
Read MoreLum Chang Creations shoots for the stars in meteoric rise to the big leagues
A year after its Catalist debut, it is trading on the SGX mainboard, the value of its shares has trebled [SINGAPORE] There is a distinct sluggishness that often plagues the local equities scene. Many companies languish on the junior board for years, seemingly content to play in the minor leagues indefinitely. Lum Chang Creations, meanwhile,…
Read MoreSilicon Valley divided over restricting Chinese AI as China closes gap with US
[SAN FRANCISCO] For years, a philosophical divide over how artificial intelligence software should be created has split Silicon Valley technologists. This week, that argument reached a boiling point. On one side are leading AI companies like Anthropic and OpenAI, which claim that AI models are too dangerous to be developed in the open and must…
Read MoreUOB, Singtel and The Hour Glass lead buybacks
OVER the five trading sessions through Jul 23, 13 primary-listed companies repurchased a combined S$22.5 million of their shares through market acquisitions. Activity was led by UOB , which bought back 313,500 shares for S$13.4 million, followed by Singtel with S$5.6 million of repurchases. The Hour Glass was also active, acquiring 229,000 shares for S$630,000.…
Read MoreHow Rockefeller Foundation is unlocking big impact in South-east Asia
Initiatives include an intercropping programme which has helped Indonesian farmers boost their income 15% [SINGAPORE] In Indonesia, by growing additional crops alongside cocoa, farmers are increasing their incomes by 10 to 15 per cent within four months. The win is part of a broader strategy rolled out by The Rockefeller Foundation, a century-old institution. Other…
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