Posts by Liam Redmond
DBS introduces agentic AI to 350,000 corporate clients
The bank will also beef up DBS Joy’s knowledge of banking solutions and programmes so it can better help SMEs [SINGAPORE] DBS on Tuesday (Jul 28) rolled out an agentic artificial intelligence assistant to 350,000 of its corporate clients in Singapore, including small and medium-sized enterprises. Through DBS’ agentic AI assistant, DBS Joy, corporate clients…
Read MoreDBS rolls out agentic AI to 350,000 corporate clients
This is part of the bank’s wider push to expand AI capabilities for its retail and corporate customers [SINGAPORE] DBS on Tuesday (Jul 28) rolled out an agentic artificial intelligence assistant to 350,000 of its corporate clients in Singapore, marking the latest expansion of the bank’s AI capabilities for more than 10 million retail and…
Read MoreJohnson & Johnson says it will pay out $5.5B in sweeping talc deal that could end decade-long legal battle
Johnson & Johnson said on Monday it would pay an estimated $5.5 billion to resolve tens of thousands of lawsuits alleging its baby powder and other talc products cause ovarian cancer, in a landmark deal that could end a contentious legal battle that has dogged the company for a decade. J&J said the settlement covers…
Read MoreMajor Hurricane Genevieve roars in the Pacific as Fausto weakens to a tropical storm near Hawaii
Major Hurricane Genevieve was roaring in the Pacific Ocean far from land Monday evening at the same time that the weakening Tropical Storm Fausto was bringing large surf to Hawaii. Genevieve was briefly a Category 5 hurricane early Monday, the first in the East Pacific region in two years, the National Hurricane Center said. It was…
Read MoreBarclays reports 17% profit rise on strong equities trading
It announces a fresh share buyback of £1 billion and dividends worth £800 million Published Tue, Jul 28, 2026 · 03:32 PM [LONDON] Barclays on Tuesday (Jul 28) reported a first-half profit rise of 17 per cent, beating analysts’ forecasts, as it followed Wall Street peers in reaping bumper equities trading revenues and deal fees…
Read MoreJapan’s Nikkei posts lowest close in more than two months on chip selloff
Published Tue, Jul 28, 2026 · 03:14 PM [TOKYO] Japan’s Nikkei share average fell nearly 4 per cent on Tuesday (Jul 28) to its lowest close in more than two months, as chip-related stocks followed their US peers lower ahead of big tech earnings. The Nikkei lost 3.95 per cent to 62,364.92, its lowest close…
Read MoreMercedes cuts revenue outlook as China luxury slump deepens
Published Tue, Jul 28, 2026 · 02:58 PM [STUTTGART] Mercedes-Benz Group expects lower sales this year due to weaker demand in China, where a prolonged property slump is undermining consumer sentiment and curbing demand for luxury vehicles. The carmaker now sees group revenue slightly below the prior-year level having previously expected it to be unchanged.…
Read MoreNvidia employee detained by Taiwan in China chip smuggling probe
This follows a slate of detentions linked to the export of the firm’s AI chips to China in violation of US trade restrictions Published Tue, Jul 28, 2026 · 02:05 PM [HONG KONG] Taiwanese prosecutors have detained an Nvidia employee and searched the company’s offices as part of a widening probe into the alleged smuggling…
Read MoreKeppel exceeds S$100 billion target for funds under management ahead of schedule
It adds S$13.5 billion in FUM across its infrastructure, real estate, connectivity private funds year to date [SINGAPORE] Global asset manager and operator Keppel has surpassed its end-2026 interim funds under management (FUM) target of S$100 billion ahead of schedule, the group announced on Tuesday (Jul 28). The group added around S$13.5 billion in FUM…
Read MoreKeppel beats end-2026 target of S$100 billion funds under management early
It adds S$13.5 billion in FUM across its infrastructure, real estate, connectivity private funds year to date [SINGAPORE] Global asset manager and operator Keppel has surpassed its end-2026 interim funds under management (FUM) target of S$100 billion ahead of schedule, the group announced on Tuesday (Jul 28). The group added around S$13.5 billion in FUM…
Read MoreWhite House fires back after John Mellencamp mocks Trump’s Gulf of America during concert
The White House is hitting back after John Mellencamp took direct shots at President Donald Trump’s Gulf of America. Mellencamp paused his Saturday night show Holmdel, N.J. to mock Trump’s executive order to rename the “Gulf of Mexico” to “Gulf of America.” On Monday, Davis Ingle, WH Spokesman, shared a statement with Fox News Digital. “Nobody…
Read MoreHow banks in Singapore put agentic AI to work
Against this backdrop, MAS on Jul 3 unveiled the Safeguards for Agentic Finance at Runtime (SAFR), an industry white paper providing a set of governance checkpoints that verify and record an AI agent’s proposed actions before it executes its tasks. Observers have described this as a “genuine turning point” in moving the financial industry from…
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