Posts by Liam Redmond
Dollar retreats as oil slides on Middle East pause; focus on central banks
The dollar dropped against other major currencies after the US paused its bombing in Iran Published Mon, Jul 27, 2026 · 08:34 PM [LONDON] The dollar dropped against other major currencies on Monday (Jul 27), after the US paused its bombing in Iran, which dragged oil prices lower and lifted investor confidence ahead of a…
Read MoreNASA Marks 50 Years Since Viking 1, the First Spacecraft to Successfully Land on Mars
NASA is marking 50 years since Viking 1 became the first successful Mars lander. Viking 1 sent back the first-ever photos from the Martian surface. The mission searched for signs of life but found no conclusive evidence. Viking laid the foundation for all modern Mars exploration missions. Fifty years after NASA’s Viking 1 made history…
Read MoreDozens of Democrat-led states still taxing tips, overtime and Social Security a year after Trump’s One Big Beautiful Bill became law
WASHINGTON — President Trump’s One Big Beautiful Bill promised Americans bigger paychecks by eliminating federal taxes on tips, overtime pay, and other income – but many Democrat-run states have chosen to keep collecting anyway. The refusal of blue states to follow the federal government’s lead has resulted in a patchwork of tax laws across the country…
Read MoreUI Boustead Reit posts NPI of S$29.2 million, 4.3% below IPO forecast
[SINGAPORE] UI Boustead Reit reported net property income (NPI) of S$29.2 million for the period Mar 12 to Jun 30, in its first financial results since listing on Singapore Exchange’s mainboard. It thus missed its initial public offering forecast by about 4.3 per cent, said the manager of the real estate investment trust (Reit) on…
Read MoreTwo meteor showers are raining down this week with peak views starting now
Look up! The end of July is soaked in the celestial with two meteor showers lighting up the sky. Both the Southern Delta Aquariids and the Alpha Capricornids are set to peak, back to back, from July 28 to 31. A meteor shower occurs when the Earth’s orbit intersects with the cloud of debris left…
Read MoreWhy copper is becoming Asia’s next AI bottleneck
Analysts say its higher prices are unlikely to derail data centre growth, but tighter supplies could stymie new capacity [SINGAPORE] The volatility of the price of copper is hitting Asia-Pacific data centre developers harder than their global peers, with the region’s relatively inefficient power grids requiring larger amounts of copper for infrastructure. Soaring copper prices…
Read MoreSingapore stocks rise on Monday; STI up 0.6%
Published Mon, Jul 27, 2026 · 06:33 PM [SINGAPORE] Singapore stocks ended higher on Monday (Jul 27). The benchmark Straits Times Index (STI) gained 0.6 per cent or 31.90 points to finish at 5,620.24. Seatrium led the gainers on Singapore’s blue-chip index, rising 8.9 per cent or S$0.19 to S$2.32. The company on Friday said…
Read MoreExclusive | Elevator issues at NYC high-rise mean breakdowns, noises — and lots of taking the stairs: residents
Sometimes it’s better to take the stairs! Residents at a Queens rental complex say elevators have been a scary, noisy mess for a decade — with locals trapped inside three times just last month. The pair of rent-stabilized, affordable buildings at Hunter’s Point South in Long Island City have just nine breakdown-prone elevators for nearly…
Read MoreTikTokker voiced concerns about Seattle Center food festival security day before mass shooting that left 3 dead
A Washington-based content creator appeared to be surprised by the apparent lack of security at the “Bite of Seattle” food festival – just one day before at least three people died in a mass shooting at the event. The TikTokker, known only as Leebo, claimed in a video that there was “no pat down” or…
Read MoreMalaysia’s resource anxiety tests Asia’s fastest data centre build-out
New projects in Johor must show how they will source electricity, with renewable energy increasingly a prerequisite for approval Published Mon, Jul 27, 2026 · 04:29 PM [HONG KONG/JOHOR] After leapfrogging Singapore to become the region’s fastest-growing data centre hub, Malaysia is facing intensifying scrutiny as the resources debate that has complicated the industry’s growth…
Read MoreOil prices dip over 6% after US, Iran pause fighting over weekend
Oil prices tumbled more than 6% on Monday after the US and Iran paused strikes over the weekend after two weeks of attacks, raising hopes of a diplomatic solution that would de-escalate the conflict and allow shipping to resume in the Strait of Hormuz. Brent crude futures fell $6.20, or 6.4%, to $90.58 by 0620 GMT after…
Read MoreAstraZeneca maintains outlook as cancer, rare disease drugs drive profit beat
Published Mon, Jul 27, 2026 · 03:51 PM [CAMBRIDGE] AstraZeneca backed its annual and long-term forecasts on Monday (Jul 27) after topping second-quarter profit expectations on demand for its cancer and rare disease therapies, as the drugmaker sought to quell concerns after recent trial setbacks. Although strong demand continues to drive growth against a background…
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