Posts by Liam Redmond
‘Full of confidence’ in South-east Asia: Cosco Shipping eyes investments in Malaysia, Vietnam and Indonesia to power growth
The logistics player bets on regional presence amid manufacturing growth and Chinese trade flows [SINGAPORE] Mainboard-listed Cosco Shipping International (Singapore) is looking to South-east Asia for growth, betting that rising manufacturing activity and more complex supply chains will lift demand for logistics services across the region. The logistics service provider plans to invest further in…
Read MoreNvidia in talks to invest US$3 billion in SoftBank subsidiary for OpenAI data centre project: report
SB Energy, which is also backed by OpenAI, develops large-scale power and data centre infrastructure projects Published Sun, Aug 16, 2026 · 09:50 AM NVIDIA is in talks to invest as much as US$3 billion in SB Energy, a SoftBank Group subsidiary developing a massive planned Ohio data centre project for OpenAI, US business tech…
Read MoreNvidia has US$21 billion SpaceX stake, US$30 billion in Intel shares
Published Sat, Aug 15, 2026 · 03:52 PM [SAN FRANCISCO] Nvidia on Friday (Aug 14) disclosed a nearly US$21 billion stake in Elon Musk’s SpaceX and a US$30 billion one in Intel. The AI chipmaking giant had about 122.8 million shares in SpaceX as at Jun 30, according to a regulatory filing made on Friday…
Read MoreAnthropic revenue surges to over US$11.5 billion in Q2
Published Sat, Aug 15, 2026 · 03:07 PM [NEW YORK] Anthropic is telling prospective investors its second-quarter revenue jumped at least 14-fold versus the same period a year ago, according to documents seen by Bloomberg News. The Claude chatbot maker reported a preliminary revenue figure of more than US$11.5 billion in its latest completed quarter,…
Read MoreHarvard fund discloses US$2.2 billion stake in Musk’s SpaceX
Published Sat, Aug 15, 2026 · 02:27 PM [NEW YORK] Harvard Management disclosed a US$2.2 billion stake in SpaceX, showing how the university’s endowment has profited from an early bet on Elon Musk’s giant rocket company. Harvard reported it holds the position in its 13F filing on Friday (Aug 14), revealing it’s one of the…
Read MoreLeveraged ETFs snap back as casino crowd mints US$50 billion
Published Sat, Aug 15, 2026 · 12:09 PM [NEW YORK] Three weeks ago, Wall Street’s casino crowd took a beating. AI stocks buckled, semiconductor shares tumbled and leveraged trades unravelled. Now many of those speculative trades are snapping back just as quickly. Fresh money is flowing into leveraged exchange-traded funds, the same products that only…
Read MoreInstitutional investors reveal cautious approach to tech favourites in US quarterly 13F filings
Published Sat, Aug 15, 2026 · 11:36 AM [PROVIDENCE] Institutional investors pulled back slightly from key stock market segments such as semiconductors, artificial intelligence infrastructure and mega-cap technology companies during the second quarter, with few big bets in either direction, US Securities and Exchange Commission (SEC) filings show. A Reuters analysis of quarterly 13F filings…
Read MoreOil climbs over US$1 on tanker attacks, no progress on peace
Published Sat, Aug 15, 2026 · 08:58 AM [HOUSTON] Crude oil futures climbed over US$1 a barrel on Friday (Aug 14) on tanker attacks and a lack of progress on a peace agreement between the Trump administration and Iran’s leadership. Brent futures settled at US$88.52 a barrel, up US$1.45 or 1.7 per cent. US West…
Read MoreEurope: Shares snap 4-week rally as higher oil prices temper strong earnings
Published Sat, Aug 15, 2026 · 08:45 AM [BENGALURU] European shares finished lower on Friday (Aug 14) and snapped a four-week winning streak, as rising crude prices and renewed geopolitical tensions offset support from a resilient earnings season. The Stoxx 600 ended 0.2 per cent lower at 657.86 and logged a 0.3 per cent drop…
Read MoreUS: S&P 500 ends lower as investors weigh data, Middle East tensions
Published Sat, Aug 15, 2026 · 08:31 AM [NEW YORK] The S&P 500 closed lower on Friday (Aug 14), dipping from a record high and weighed down by Applied Materials, while investors digested weaker-than-expected retail sales data. Applied Materials fell 5.1 per cent after its upbeat quarterly forecast failed to impress investors. The chip equipment…
Read MoreSeahawks explain decision to sign Terrion Arnold as he faces multiple charges in kidnapping case
The Seahawks are all for bringing in cornerback Terrion Arnold even as he faces felony charges. Seattle head coach Mike Macdonald said the team had “overwhelmingly positive” reviews while vetting Arnold this offseason. “We feel really strongly about our locker room and our team, and we had a great visit with Terrion,” Macdonald told reporters,…
Read MoreOrioles’ Pete Alonso hitting leadoff for first time ever in curious decision
Pete Alonso is doing something Friday night that he’s never done before. Leading off in a big league ball game. The former Mets slugger will hit at the top of the Orioles’ lineup when they bat against the Rays in Tampa Bay. Pete Alonso of the Baltimore Orioles bats during a game against the Minnesota…
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