Posts by Liam Redmond
Asia stocks edge lower as South Korea, Japan benchmarks decline
Published Tue, Sep 1, 2026 · 09:08 AM ASIAN stocks edged lower as renewed geopolitical tensions pushed oil prices higher, reviving inflation concerns and expectations for further monetary tightening. The MSCI Asia Pacific Index slipped 0.2 per cent, with equity benchmarks in South Korea and Japan declining. Among the main moves across markets, the S&P…
Read MoreAnthropic seals US$35 billion cloud-computing deal with Nvidia-backed Lambda: Bloomberg
Published Tue, Sep 1, 2026 · 08:43 AM ANTHROPIC agreed to a US$35 billion computing deal with Lambda, a cloud provider backed by Nvidia, part of an effort to quickly expand its AI capacity, according to a person familiar with the matter. Infrastructure company Hut 8 is developing the Texas data centre involved in the…
Read MoreStocks to watch: Frasers Property, Keppel DC Reit, Mapletree Industrial Trust, SingLand, Olam
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Sep 1): Frasers Property : The property developer, investor and operator on Monday said it acquired Cuppage Terrace – a cluster of 17 conservation shophouses in the Orchard Road area – for an agreed property value of S$175 million.…
Read MoreFernando Mendoza could be the Raiders’ starting quarterback soon, says NFL Insider
Kirk Cousins has always been the favorite to land the Las Vegas Raiders’ starting quarterback job: He has the experience; he had head coach Klint Kubiak’s backing ahead of training camp. But an anonymous source believes rookie Fernando Mendoza is set to start sooner than previously thought. An anonymous source believes rookie Fernando Mendoza is…
Read MoreGold slips as renewed Mideast tensions keep Fed hike bets alive
Debasement trade is likely to continue into September, which will support the metal Published Tue, Sep 1, 2026 · 08:23 AM [SINGAPORE] Gold edged down as renewed geopolitical risks stoked concerns about inflationary pressures that could make the US Federal Reserve hike interest rates, a headwind for the precious metal. Bullion fell 0.1 per cent…
Read MoreUK retailers raise prices by most since 2024, BRC data shows
The monthly shop price index increased to an annual 1.5% in August from 0.9% in July Published Tue, Sep 1, 2026 · 08:05 AM [LONDON] British retailers raised prices by the most in more than two years last month, as higher energy prices pushed up the cost of some processed food and the artificial intelligence…
Read MoreTrump on possible Venezuela departure from Opec: ‘It’s up to them’
Published Tue, Sep 1, 2026 · 07:35 AM [WASHINGTON] US President Donald Trump said on Monday (Aug 31) that it is up to Venezuela to decide whether it should leave the Organization of the Petroleum Exporting Countries (Opec), of which it has been part for more than 60 years. “Well, I don’t know. That’s up…
Read MoreJaime Pressly kicked out of California hotel after alleged disturbance: report
Jaime Pressly was reportedly booted from a California hotel Thursday after allegedly exhibiting erratic behavior, swearing, and putting her hands on another guest. According to TMZ, the “My Name Is Earl” star was asked to leave the Signia by Hilton San Jose days before a scheduled appearance at “GalaxyCon” after hotel guests complained of her…
Read MoreAmazon sued by US Federal Trade Commission, 22 states over ad sales practices
The e-commerce company allegedly sometimes entered its own bids in auctions, ostensibly raising prices for others Published Tue, Sep 1, 2026 · 06:52 AM AMAZON illegally raised prices for advertisers by surreptitiously raising the minimum price required to place ads that promote their products, the US Federal Trade Commission alleged in a lawsuit filed in…
Read MoreShein set for lacklustre debut after setbacks cause huge drop in valuation
The offering values Shein at around US$26.5 billion, far below its 2022 peak of nearly US$100 billion Published Tue, Sep 1, 2026 · 06:37 AM [HONG KONG] Chinese online fashion giant Shein’s Hong Kong debut on Tuesday (Sep 1) caps a years-long effort to tap capital markets after trying to list in vain in the…
Read MoreShein shares plunge 10% in Hong Kong debut after US$1.7 billion IPO
The offering values it at over US$26 billion, far below its 2022 peak of nearly US$100 billion SHEIN shares fell as much as 10 per cent in their Hong Kong debut after a years-long process to an initial public offering that eventually valued the firm at a fraction of what it was once worth and…
Read MoreOil prices rise as latest US-Iran fighting resurrects Middle East supply disruption risks
Published Tue, Sep 1, 2026 · 06:30 AM — Updated Tue, Sep 1, 2026 · 03:03 PM OIL prices gained on Tuesday (Sep 1) as the resumption of fighting between the US and Iran in the Middle East renewed fears of supply disruptions from the world’s key crude-producing region. Brent crude futures were up US$0.66,…
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