Posts by Liam Redmond
Gold slips on firmer US Treasury yields and oil prices; traders await US Fed minutes
Elevated energy prices tend to raise inflationary fears and bolster expectations of higher interest rates by the US Fed Published Tue, Aug 18, 2026 · 07:59 AM — Updated Tue, Aug 18, 2026 · 02:15 PM [SINGAPORE] Gold prices came under pressure on Tuesday (Aug 18) from higher US Treasury yields and a spike in…
Read MoreBHP profit tops estimates as copper powers growth, to pay highest dividend in 4 years
Published Tue, Aug 18, 2026 · 07:49 AM — Updated Tue, Aug 18, 2026 · 11:31 AM [MELBOURNE] BHP Group reported better-than-expected full-year earnings and declared its highest annual dividend in four years, boosted by record copper prices that cemented the metal’s lead over iron ore as the miner’s biggest earnings driver. CEO Brandon Craig,…
Read MoreBHP reports better-than-expected profit on higher copper prices
Published Tue, Aug 18, 2026 · 07:49 AM BHP Group reported a better-than-expected full-year underlying profit on Tuesday (Aug 18), fuelled by higher copper prices as the red metal cemented its lead over iron ore as the miner’s biggest earnings driver. Copper prices have climbed to record highs above US$14,000 a tonne this year, triggered by…
Read MoreFast Takes: How America enriches the old, the best college fix is passion and other commentary
Fairness watch: How America Enriches the Old The US entitlements system offers “support” to “senior citizens when they are most vulnerable,” notes Chris Pope at City Journal, but is “overdoing it” by redistributing “far more from young to old than from rich to poor.” Working-age Americans “are three times more likely than seniors” to face severe…
Read MoreSIA deploys over 160 AI applications in push to become leading ‘digital airline’
To date, the carrier has identified more than 550 potential applications for generative AI use cases [SINGAPORE] Improved customer satisfaction and more efficient crew scheduling are among the benefits seen by Singapore Airlines (SIA) from its use of artificial intelligence. The national carrier’s AI programme rests on a digital transformation that began in 2018. Then,…
Read MoreMeta faces potential penalty of up to US$1.4 trillion as landmark social media trial begins
This concerns claims that the firm deliberately designed Facebook and Instagram to encourage compulsive use among young users [AUSTIN] Meta Platforms is headed to court on Tuesday (Aug 18) for a high-stakes showdown with a coalition of state attorneys general over claims that the company deliberately designed Facebook and Instagram to encourage compulsive use among…
Read MoreAnthropic’s revenue run rate tops US$65 billion: source
Published Tue, Aug 18, 2026 · 06:48 AM ANTHROPIC’S annual revenue run rate topped US$65 billion by the end of July, a person familiar with the matter said on Monday (Aug 17), underscoring the Claude creator’s rapid growth ahead of a potential public listing later this year. The AI startup’s latest revenue run rate —…
Read MoreShocking number of Gen Z shut-ins report zero face-to-face human interactions per day after COVID
COVID created a permanent class of young shut-ins, according to a stunning new report. Nearly 10% of Gen Zers said they had zero face-to-face interactions with another person in their daily life, according to an analysis of US Census data by the Financial Times. The dangerous trend was triggered by the COVID pandemic, when millions…
Read MoreUS to announce steps to help refiners produce more fuel, energy chief Wright says
Persistently high pump prices above US$4 a gallon spell trouble for Trump’s Republican party in the upcoming midterm elections in November Published Tue, Aug 18, 2026 · 06:24 AM [MIDLAND, Texas] US Energy Secretary Chris Wright said on Monday (Aug 17) that Washington will announce steps within days to help refiners boost fuel output, as…
Read MoreOil climbs as fading US-Iran peace hopes raise supply risks
Both brent crude and US WTI crude contracts gained more than 5% last week following attacks on tankers Published Tue, Aug 18, 2026 · 06:01 AM — Updated Tue, Aug 18, 2026 · 01:50 PM OIL prices rose on Tuesday (Aug 18) as prospects receded for a deal to end the Middle East war, with…
Read MoreEuropean shares edge lower as luxury stocks weigh; US-Iran tensions linger
Goldman Sachs raised its 12-month target for the Stoxx 600 to reach 695 points from 660 previously Published Tue, Aug 18, 2026 · 05:50 AM EUROPEAN shares settled lower for a fourth straight session on Monday (Aug 17), as the earnings-fuelled rally cooled and the continuing stand-off between US and Iran dampened risk appetite. The pan-European Stoxx…
Read MoreExclusive | Alleged sicko NJ babysitter accused of sexually assaulting tot could land sweetheart deal
The New Jersey babysitter who allegedly posted twisted online video of a toddler looked defiant in court Monday as it surfaced she could land a sweetheart deal handing her a 10th of her potential prison sentence. Accused kiddie-sex-assaulter Victoria Anne Cranmer, 25, appeared in the Toms River courtroom fettered in her trademark pink handcuffs and…
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