Posts by Liam Redmond
Gold surges along with US treasuries as oil price slide deepens
Bullion rose as much as 2.8% to exceed US$4,380 an ounce, snapping a three-day drop Published Fri, Sep 18, 2026 · 09:33 AM [LONDON] Gold rallied alongside Treasuries as a slump in oil prices helped ease concerns about inflation, following the US Federal Reserve’s first interest rate hike since 2023. Bullion rose as much as…
Read MoreStaffers at tech giants knew AI tools posed ‘existential threat’ to news publishers: court docs
High-level staffers at a pair of top tech companies knew that scraping online news content to bolster their AI models could have devastating impacts on publishers – but that didn’t stop them, according to a bombshell legal filing. One OpenAI executive even warned that the shady tactic, in which tech giants circumvent paywalls to access…
Read MoreRBA must decide if rate sufficient to cool prices: Governor
Australia’s central bank kept the key interest rate unchanged at 4.35% in August Published Fri, Sep 18, 2026 · 08:49 AM AUSTRALIA’S central bank board needs to decide later this month whether its benchmark interest rate is at a level sufficient to restrain price pressures and return inflation to target, Governor Michele Bullock said. “The…
Read MoreSuspended Glencore Executive Told Radiant ‘Say Nothing on Email’
Published Fri, Sep 18, 2026 · 08:37 AM A SENIOR Glencore executive last year urged counterparts at Radiant World not to communicate by email, according to WhatsApp messages from the company’s head of iron ore seen by Bloomberg News. “Say nothing on email,” Peter Hill wrote in one WhatsApp message in early April 2025. In…
Read MoreStocks to watch: CDL, Addvalue Tech, Banyan Group, Multi-Chem
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Sep 18): City Developments Ltd (CDL) : CDL said on Thursday that it will be releasing the outcome of its strategic review before trading hours on Sep 28. The property giant previously said it was looking to “revamp” its…
Read MoreUOBKH downgrades SIA to ‘sell’ as jet fuel price nears all-time high
Brokerage is ‘largely neutral’ on Air India’s US$1.5 billion top-up request [SINGAPORE] UOB Kay Hian (UOBKH) has downgraded Singapore Airlines (SIA) to a “sell” after a re-escalation in Middle East tensions on Monday (Sep 14) sent jet fuel prices rising. Drone attacks on Monday by the Iran-backed Houthis knocked out a key Saudi Arabia pipeline…
Read MoreLiberty veteran Marine Johannes says FIBA World Cup loss still on her mind
There was still a sting in Marine Johannes’ voice when she discussed turning the page from the FIBA World Cup back to the Liberty season. Johannes had been part of the French squad that fell to the United States in the gold medal game. France had dominated its way to the final, looking like it…
Read MoreExclusive | KJ Biermann’s cellphone confiscated by parents over a year before sodomy and sexual battery arrest
KJ Biermann’s cellphone became the subject of a bitter divorce court dispute between his parents more than a year before prosecutors said investigators found disturbing videos on the teen’s device. Page Six has not independently confirmed any connection between the two events or what, if anything, his parents Kim Zolciak and Kroy Biermann knew about…
Read MoreAnthropic says Claude now leads a quarter of work building its next AI models
Published Fri, Sep 18, 2026 · 07:00 AM ANTHROPIC said Claude “leads” 26 per cent of the artificial intelligence research and development work inside the company, part of new measures that it will publish regularly to show outsiders how quickly AI is building the next generation of the technology. AI also collaborated with humans on…
Read MoreFrom Haidilao to Oriental Kopi: How some of Asia’s favourite F&B players are faring in 2026
[SINGAPORE] Amid sticky inflation, fierce competition and cautious consumer spending, dining groups across the Asia-Pacific have been facing a shifting landscape over the years. Here is a snapshot of how five major dining and beverage names – both home-grown Singapore champions and massive regional operators – are tracking their listing trajectories, and what analysts make…
Read MoreBank of Japan raises rate to 31-year high of 1.25%, with two board members dissenting
BOJ still lags global peers with its policy rate lower than that of the ECB and the US Fed Published Fri, Sep 18, 2026 · 06:35 AM — Updated Fri, Sep 18, 2026 · 02:07 PM [TOKYO] The Bank of Japan raised interest rates to a 31-year high on Friday (Sep 18) and signalled its…
Read MoreBank of Japan lifts interest rates to 31-year high
Published Fri, Sep 18, 2026 · 06:35 AM — Updated Fri, Sep 18, 2026 · 04:57 PM [TOKYO] The Bank of Japan raised interest rates to a 31-year high on Friday (Sep 18) and signalled its readiness to keep pushing up borrowing costs, joining other major central banks in fighting persistent inflation pressures driven by…
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