Posts by Liam Redmond
Asian stocks rise on drop in US inflation rate, with South Korea’s Kospi up 7%
The index’s surge comes ahead of the next test for the AI rally, with earnings due at ASML Published Wed, Jul 15, 2026 · 10:37 AM — Updated Wed, Jul 15, 2026 · 01:33 PM [SINGAPORE] Asia’s bumpy stock markets rallied on Wednesday (Jul 15) after a surprise slowdown in US inflation scaled back expectations…
Read MoreMisuse of driver-assistance systems biggest risk to road safety: survey
Published Wed, Jul 15, 2026 · 10:21 AM [MILAN/STOCKHOLM] Motorists’ misuse of driver-assistance technology and drivers being distracted by in-vehicle features, rather than mechanical problems, are the biggest risks for road safety, according to a survey of transport specialists. The survey, published on Wednesday (Jul 15), reflects industry concerns about human error as some governments…
Read MoreGold holds gain as soft US inflation data reduces rate hike bets
Published Wed, Jul 15, 2026 · 10:17 AM [SINGAPORE] Gold steadied after monthly US inflation came in lower than expected, relieving some pressure on the Federal Reserve to hike interest rates. Bullion was near US$4,050 an ounce, after rising 1.3 per cent in the previous session. Consumer prices in the US declined in June for…
Read MoreGold slips as oil rally keeps inflation, rate outlook on investors’ radar
Published Wed, Jul 15, 2026 · 10:17 AM — Updated Wed, Jul 15, 2026 · 01:50 PM [BENGALURU] Gold prices fell on Wednesday (Jul 15) after climbing more than 2 per cent in the previous session, as rising oil prices fuelled inflation concerns and uncertainty over the US interest rate outlook, weighing on non-yielding bullion.…
Read MoreDBS targets S$1 trillion in AUM by 2030 as it steps up AI, hiring push
The bank plans to hire 600 more front-line advisers and platform engineers by end-2028 [SINGAPORE] DBS is looking to accumulate more than S$1 trillion in assets under management (AUM) across its retail and wealth segments by 2030, as it doubles down on artificial intelligence, partnerships and regional expansion to capture Asia’s growing wealth. To support…
Read MoreZendaya spreads her wings in angel-inspired look at ‘The Odyssey’ NYC premiere red carpet
Zendaya made a show-stopping appearance at “The Odyssey” premiere in New York City, donning ethereal angel wings on the red carpet. The actress was pictured at the event on Tuesday evening in a plunging, off-white strapless feather-lined gown with a thigh-high slit from Matiéres Fécales. The dress featured a long train, as well as the…
Read MoreOziyah Sellers feels like he’s ‘perfect fit’ for Knicks as he vies for roster spot after season at St. John’s
Oziyah Sellers saw the same qualities — grit, a refusal to lose and daily fight — in the Knicks during their run to their first championship in 53 years as he did in his one season at St. John’s. And he is thrilled to be part of the franchise for those reasons. “Coming from St.…
Read MoreStocks to watch: Addvalue Technologies, Coliwoo, Elite UK Reit, Foundation Healthcare
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Jul 15): Addvalue Technologies : The satellite communications company is preparing for its potential spinoff listing on Nasdaq and has engaged professionals such as legal counsels and a US auditor, it said on Tuesday. It will also convene an…
Read MoreWells Fargo beats profit on trading boom, loan growth
Published Wed, Jul 15, 2026 · 08:09 AM WELLS Fargo beat Wall Street estimates for quarterly profit, boosted by strong investment banking fees and as it doled out more loans after its regulatory shackles were removed last year. The boost in its loan book came as consumers borrowed money for cars and credit cards, while commercial and…
Read MoreMassive SF Bay rescue underway after boat overturns near Alcatraz
At least one person is dead and a massive rescue effort is underway near Alcatraz in the San Francisco Bay. Video online shows the rescue efforts of crews trying to help people after a boat accident in the water between Alcatraz Island and the Golden Gate Bridge. A massive rescue is underway after at least…
Read MoreOpenAI’s first device will be movable, screenless speaker built as AI companion
OPENAI’S much-anticipated push into consumer devices is slated to begin with a mobile, screen-free smart speaker designed to be a new type of home computer for the AI era, according to people familiar with the matter. The product — still under development — is meant to serve as a human-like AI companion that lives in…
Read MoreEx-assistant sues Spencer Pratt and Heidi Montag over dog bite claims
An alleged former assistant of Spencer Pratt and Heidi Montag was viciously attacked by the celeb couple’s dog, according to a new lawsuit. Cole Gill allegedly sustained puncture wounds to his right thigh and other injuries that led to “permanent disfigurements” when Spencer and Heidi’s dog, named Ego, attacked him at the couple’s home in…
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