Posts by Liam Redmond
Recruiters shift focus to specialised AI jobs to stay relevant
AI-related job postings in the US rose 95% in the first half of 2026 from a year earlier, while overall job postings fell 16% Published Thu, Jul 9, 2026 · 01:17 PM RECRUITMENT companies, facing the threat of artificial intelligence tools replacing human labour and customers embracing AI-assisted applicant screening, are adapting by honing in…
Read MoreGold falls as Middle East hostilities revive inflation woes
Spot gold fell 0.4% to US$4,060.46 per ounce by 0343 GMT, after dropping to its lowest level since Jul 1 on Wednesday Published Thu, Jul 9, 2026 · 12:39 PM [BENGALURU] Gold fell on Thursday (Jul 9), hovering near a one-week low set in the previous session, as renewed US-Iran hostilities lifted oil prices and…
Read MoreGold eases as Middle East hostilities revive inflation fears
Spot gold falls 0.2% to US$4,068.77 per ounce by 0522 GMT, after dropping to its lowest since Jul 1 on Wednesday Published Thu, Jul 9, 2026 · 12:39 PM — Updated Thu, Jul 9, 2026 · 02:24 PM [BENGALURU] Gold prices fell on Thursday (Jul 9), hovering near a one-week low, as renewed US-Iran hostilities…
Read MoreDel Monte Pacific defends solvency after SGX flags US$787 million deficit
The dual-listed canned food producer says its operating business remains ‘fundamentally sound’ [SINGAPORE] Del Monte Pacific has defended its ability to remain a going concern, pushing back against regulatory concerns over its working capital deficit and thin cash reserves. Responding to queries from the Singapore Exchange (SGX) about its financial year 2026 results, the dual-listed…
Read MoreSupermarket and minimart chain Hao Mart faces fifth High Court lawsuit
[SINGAPORE] Supermarket and minimart chain Hao Mart is facing a fifth High Court lawsuit, with hair and scalp care company Bio Organicare Scalp suing the retailer in what court records describe as a landlord-tenant dispute. The matter has been fixed for a case conference on Jul 16. Department store operator OG has been named as a third party in…
Read MoreAustralian shares extend losses on Middle East jitters, banks and miners top drag
Published Thu, Jul 9, 2026 · 10:11 AM AUSTRALIAN shares fell for a fourth straight session on Thursday (Jul 9), with heavyweight miners and banks leading declines after US President Donald Trump said the initial agreement signed with Iran to resolve the Middle East conflict was “over”. The S&P/ASX 200 index lost 0.8 per cent…
Read MoreDBS, OCBC, UOB push STI to new highs as institutions pile in ahead of earnings
[SINGAPORE] A surge of institutional capital into the Singapore market is driving local banks into uncharted territory, with DBS shares breaching the S$70 threshold for the first time. The counter rose 1.6 per cent to close at S$70.23 on Thursday (Jul 9). Shares of OCBC and UOB also hit record highs as they rose 2…
Read MoreAsian shares wobble as oil jumps on renewed Gulf hostilities
MSCI’s index of Asia-Pacific shares outside Japan has reversed earlier gains and was off 0.5% as the chipmakers’ rally cooled Published Thu, Jul 9, 2026 · 09:42 AM — Updated Thu, Jul 9, 2026 · 03:05 PM [SYDNEY] Asian shares wobbled on Thursday (Jul 9) as a rally in semiconductors lost momentum, while oil prices…
Read MoreAsian shares rise as chips rally, brent advances after renewed US-Iran tensions
Published Thu, Jul 9, 2026 · 09:42 AM ASIAN shares climbed for the first time in three days on Thursday (Jul 9), following a rally in chipmakers, as oil extended its gains after the US said it struck Iran for a second straight day. The MSCI Asia Pacific Index climbed 0.5 per cent, with South…
Read MoreGold’s epicentre is shifting to Asia, with prices buoyed by regional demand: analysts
It is set to trade near US$4,100 an ounce in H2, unless new factors such as a weaker US dollar push it towards US$5,000 [SINGAPORE] Asia is emerging as the new centre of gravity for the global gold market, with resilient regional demand supporting bullion prices as Singapore and Hong Kong strengthen their gold trading…
Read MoreMalaysia may hold policy rate, signal upcoming hike as AI boosts economic growth
Published Thu, Jul 9, 2026 · 08:38 AM MALAYSIA will likely hold its benchmark interest rate on Thursday (Jul 9) and signal a possible hike later this year as the artificial intelligence boom drives faster-than-expected economic growth. According to 24 of 25 economists surveyed by Bloomberg, Bank Negara Malaysia is set to keep its overnight…
Read MoreStocks to watch: SGX, Aims Apac Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jul 9): Singapore Exchange (SGX) : SGX has divested its wholly owned subsidiary, Scientific Beta, to global index provider Stoxx for a consideration of about 23 million euros (US$26.3 million), the local bourse operator said on Wednesday. The transaction…
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