Posts by Liam Redmond
Gold heads for weekly drop as Gulf attacks reinforce rate-hike bets
Spot gold holds its ground at US$4,122.09 per ounce as of 0047 GMT and heads for an over 1% weekly fall Published Fri, Jul 10, 2026 · 09:56 AM [BENGALURU] Gold steadied early on Friday (Jul 10) as markets assessed risks of inflation stemming from the recent US-Iran military escalation in the Middle East, with…
Read MoreAsian stocks extend gains on tech, yen strengthens
Driven by a 4.6% rally in South Korea’s Kospi, the MSCI Asia Pacific Index climbs 1.3% but is on track for a weekly loss Published Fri, Jul 10, 2026 · 09:39 AM — Updated Fri, Jul 10, 2026 · 01:09 PM ASIAN stocks gained on Friday (Jul 10) as investors piled back into semiconductor stocks…
Read MoreStocks to watch: China Aviation Oil, Marco Polo Marine, Foundation Healthcare
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Jul 10): China Aviation Oil : The fuel company on Thursday said its controlling shareholder, China National Aviation Fuel, finalised its restructuring, transferring all of its equity to China Petrochemical Corporation. This transfer establishes China Petrochemical Corporation as the…
Read MoreOpenAI unveils long-awaited “super app” as rivalry with Anthropic intensifies
Published Fri, Jul 10, 2026 · 08:25 AM OPENAI showcased a new AI agent on Thursday (Jul 9) meant to help white-collar workers access the power of coding tools without the sticker shock. The agent, called ChatGPT Work, combines OpenAI’s popular chatbot with its AI coding tool, Codex, to create documents, presentations and websites, the…
Read MoreMarco Polo Marine inks pact with Siemens Gamesa for offshore wind vessels
The Singapore-listed company will supply two commissioning service operation vessels for an Apac wind project [SINGAPORE] Marco Polo Marine on Thursday (Jul 9) said it has secured a multi-year framework agreement with global turbine manufacturer Siemens Gamesa Renewable Energy to deploy two commissioning service operation vessels (CSOVs) in the Asia-Pacific (Apac) region. A CSOV is…
Read More‘So little’?: Why critics of Temasek’s 10.5% returns in a bull run are getting it wrong
To pan its returns is to miss the basic point of sovereign wealth, which is to aim to survive market winters WHEN state-owned investment company Temasek on Wednesday (Jul 8) unveiled its FY2026 review, the headline figures were undeniably strong: a net portfolio value surging to a record S$518 billion, bolstered by a net investment…
Read MoreSK Hynix raises US$26.5 billion in US offering after pricing ADRs at US$149
The proceeds will finance new factories and equipment to meet surging AI chip demand Published Fri, Jul 10, 2026 · 06:59 AM [SEOUL] South Korea’s SK Hynix priced its American Depository Receipts at US$149 on Thursday (Jul 9), raising about US$26.5 billion, a regulatory filing showed on Thursday, highlighting strong investor appetite for a pivotal…
Read MoreOil prices settle 2% lower as economic worries outweigh supply risks
Published Fri, Jul 10, 2026 · 06:06 AM OIL prices slid about 2 per cent on Thursday (Jul 9) on worries that rising inflation and other economic concerns could weigh on global oil demand despite continuing supply constraints as the the US-Iran conflict has delayed full reopening of Strait of Hormuz. About 20 per cent of global oil supplies…
Read MoreTech rebound lifts European shares after three-day slide
Published Fri, Jul 10, 2026 · 05:53 AM EUROPEAN shares gained for the first time this week on Thursday (Jul 9), as a rebound in technology stocks tempered lingering concerns about the war in the Middle East. The pan-European Stoxx 600 index rose about 0.8 per cent to 640.88 points. Technology stocks and basic resources were the…
Read MoreUS stocks: Nasdaq ends sharply higher; chip surge offsets Iran worries
Published Fri, Jul 10, 2026 · 05:46 AM THE Nasdaq ended sharply higher on Thursday (Jul 9), as Micron Technology fueled a rally in chip stocks that eclipsed fears that renewed US and Iranian attacks might prolong the Middle East conflict and fuel inflation. Teheran said it hit US military targets in Kuwait, Qatar and Bahrain following…
Read MoreThe microscope moment for cyber resilience
IN THE 1670s, Antonie van Leeuwenhoek peered through a homemade microscope and reported tiny life forms, what he called “animalcules” that made the heretofore invisible visible. Those observations later seeded microbiology, better hygiene, and eventually, the germ theory of disease. People did not fall ill because such discoveries existed. They simply helped explain why. Seeing…
Read MoreS&P 500, Nasdaq open higher as chip stocks gain
Published Thu, Jul 9, 2026 · 09:48 PM [NEW YORK] The S&P 500 and the Nasdaq edged higher at the open on Thursday (Jul 9), as gains in chip stocks helped offset renewed geopolitical jitters after fresh exchange of attacks threatened to prolong the US-Iran conflict and keep markets volatile. The Dow Jones Industrial Average…
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